Is Copy Profit Success Global A Scam? (A Forex Pyramid Scheme?!)

Welcome to my Copy Profit Success Global review!

It’s likely that you have come across Copy Profit Success Global through an email list, on social media or got it recommended by a friend or family member.

Maybe Copy Profit Success Global is a scam so you decided to a litt research on it. It possible that it could also be a pyramid scheme so doing research on your own is definitely a smart move on your part.

First and foremost I must commend you for actually doing a bit of extra research before committing to purchasing or joining Copy Profit Success Global. For all you could have known, Copy Profit Success Global may very well be a scam and rob you of your money so this review could help you find anything peculiar about it.

To be totally transparent with you I haven’t used Copy Profit Success Global so I can assure you that I will not attempt to sell you on it unless of course it’s worth investing in.

What I will aim to do is provide you with an unbiased 3rd party review of Copy Profit Success Global that will hopefully help you to make the correct decision in the end.


PRODUCT NAME: Copy Profit Success Global (CPS)

OWNER/S: Joel Santiago and Joe Otis

TYPE OF PRODUCT: Forex Trading MLM

PRICE: $145/month

SUMMARY: As for now I don’t think CPS is a pyramid scheme or scam, it’s a likely a legitimate MLM businesses opportunity but with a few things that may make you avoid possibily joining it.

The fact that recruitment is still almost necessary to succeed, the expensive upkeep costs, the fact it’s a very new company not giving it too much credibility and the fact that 3 of the members within the company, with the co-founders included, failed within 3 years of their previous business venture make it hard for me to concretely recommend joining CPS.

There is every chance out there that CPS is a solid MLM to join or even a solid forex trading training resource to learn from but, I can’t personally recommend joining because of the negative reasons mentioned above.

FINAL RATING: 1.5/5

RECOMMENDED: NO


WHAT IS COPY PROFIT SUCCESS GLOBAL?

Copy profit success global logo

Copy Profit Success Global is a forex trading MLM founded by Joel Santiago and Joe Otis in late 2017 meaning it’s a fairly new company.

The duo have actually been a part of another MLM venture not too long ago with a company called Volishon which was a travel based MLM. Unfortunately for them, Volishon went under so it isn’t a legitimate company any longer therefore, they decided to set their sights on a MLM that followed a different niche and that’s how they found the stock trading niche.

When you take into account the co-founders history, it’s hard to be hopeful that this opportunity of there’s would be worth joining but, for now I guess it’s not necessary to judge the company on Joel and Joe’ past failures.

As for the management the image below basically shows the important figures within the company.

Copy profit success global team

 


COPY PROFIT SUCCESS GLOBAL’S PRODUCT LINE

As CPS are a company that bases their products on forex trading, it should be obvious that what they offer does reflect this.

The products that CPS offer include :

  1. CPS University : This is the main attraction of the forex trading system on offer. It’s basically the section of CPS that aims to teach you how to forex trade through video and PDF tutorials.
  2. CPS Pro Signals : You’ll be provided signals by veterans who’ve been trading for 25 years, whom you can mimic to try and get the same results as.
  3. CPS Live : These are the live webinars that will be held daily by the trainers so you can learn and ask questions on topics you’re not sure about.

Beyond just the main section, the CPS membership, you’ll also be sold on the tools that they offer. The tools on offer include:

  • Rocket recruiting app
  • Advanced 1-on-1 training
  • How to trade Forex training
  • How to acquire customer training
  • How to build a team training
  • Email and phone support
  • Online training webinars
  • Training tools
  • Regional Events
  • Conference call training
  • Local Events
  • National Events

Just from observing how the training and everything on offer looks, I do have to admit that it looks promising and when you consider how regularly CPS aim teach their members, it does appear as if they want to provide a lot more value in the forex trading niche within the MLM sector.

Although that’s just an observation, I can’t really concretely say that the trainings are actually as good as they may look though to be honest with you, I do believe there’s a good chance that they are when you take into account all the experts on board.

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HOW DO YOU MAKE MONEY COPY PROFIT SUCCESS GLOBAL?

As is the case with pretty much all MLM businesses there are 2 ways to make money with them, CPS being no exception.

1. The first method is by directly selling the product to other individuals and in return make a commission for the sales

2. You make money through your recruits and downline, by getting residual income by following and meeting certain criteria as well as make money through bonuses and incentives due to meeting company set goals.

Yoi can also make money on forex trading using the training on offer


HOW TO GET STARTED

In order to get started with CPS you will need to fork out a $145/month fee. This will give you access to the training and the ability to make commissions from every recruit you manage to bring in.

$145/month is a very big monthly fee to part with so, if you aren’t able to make any progress in the recruitment front or on the trading front, in a years time it’s possible you’ll be down $1740! 

It’s amongst the more expensive MLM’s out there so if you do join, remember that you are paying a very hefty sum to remain a member.

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COMPENSATION STRUCTURE

As CPS is a MLM, it’s bound to have a compensation plan and low and behold it does. The compensation plan offered is fairly technical meaning, if you do decide to join it’s imperative that you learn what it’s teaching, especially if you’re planning to promote CPS to other people.

I’m just going to give you a brief breakdown of how certain elements of the plan work :

  1. Sponsorship Commission : For every member that you refer who signs up to the monthly membership program, you’ll make a one time fee of $25. 
  2. Residual Commission : You’ll make $3 for every member in your downline that’s active on the $145 monthly program. 
  3. Rank Bonus : This is a one-time bonus that’s paid out once you reach certain ranks as a member within CPS. 
  4. Global Bonus Pool : This bonus is split into 3 small pools of the total company profits. The amount you can earn per month are capped depending on highly you rank within the company. The cap ranges from $1500 if you’re an executive rank member and goes as high as $60k if you’re a Shareholders rank member. 

As you can see the amount of money you make with the system does seem to correlate quite heavily with how many members you recruit. Of course the forex trading training means it’s not absolutely necessary for you to participate in the MLM side but, there definitely is a lot of potential there.

If you want a more In depth look at CPS’s compensation plan, check out the video below.


THE NOT SO GOOD THINGS

You Will Need To Do A Lot Of Recruiting

As CPS is a MLM company, there is a heavy emphasis on recruiting so, if you’re not up for that it’s possible that you won’t make it very far with the company.

The fact you get $3 per month for every member in your downline shows that CPS want you to recruit a lot of people so that you can ultimately succeed.

I know 3 bucks definitely isn’t a lot but, when you take into account how you’ll make $3 from every member in your team bar the level cap, this means that if your refferals bring in members too, you could essentially be growing your income on autopilot.

Of course the hard part here is actually getting recruits and considering the amount the membership costs, without the option of a cheaper yearly plan, it’ll be pretty darn hard to convince someone to join.

So if you haven’t got the skill set to get people in or aren’t willing to learn the required skill set whilst also not really caring for the forex trading element of CPS, You probably should think about looking elsewhere.

It’s A Very New Company

The company is very new so it’s hard to really be very optimistic about the opportunity. At the very least it doesn’t really have the most credibility in the MLM sector.

So joining the company could prove to be a massive risk for you because the founders in their previous MLM venture barely lasted a year before everything collapsed.

Don’t let the fact that it’s new blind you because it’s possible it could go down under real fast, then again if you’re up for taking the risk, I’m not really going to stop you.

It’s An Expensive Company To Join

At $145/month, the membership is far from cheap. I guess the depth of information and regular training they provide may justify the high price tag but, as an online businesses opportunity, it still is a bit too expensive especially when you consider that within a year you’ll have spent $1740.

If you’re thinking about breaking even through the compensation plan you will either need to recruit atleast 6 members a month or have 50 active members in your downline, which obviously isn’t going to be easy at all to do.

I guess you can also trade forex stock however, learning that skill set is going to have a very large learning curve so, it’s more likely you’ll be losing money over gaining money in your first few months going that route.

If you’re able to handle such a high monthly fee, this probably isn’t going to affect you too much nevertheless, the upkeep fees are definitely in the upper end of the costs to run a MLM business.

The Company Founders Don’t Seem Very Trustworthy

When you consider how 3 members within the company, Joel Santiago, Joe Otis and Marlon Hurd were part of the failed company Volishon, it’s quite hard to really be accepting of their new MLM.

It’s very possible that this time round the trio won’t go under within a year or two but, you’ve got to ask yourself is it really worth putting your trust in co-founders who weren’t even able to make their previous company last for even 3 years?


THE GOOD THINGS

The Training Does  Seem To Be Very Robust

The training and tools on the surface do actually look like they’re pretty decent. Although the price for the membership is quite steep, the inclusion of daily webinars from 25 year old veterans in the trading field and all the other training and tools do make CPS’s fairly appealing.

Of course as I’ve not checked out the training myself I can’t really say any thing with absolute conviction.

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IS COPY PROFIT SUCCESS GLOBAL A PYRAMID SCHEME/SCAM?

As for now I don’t think CPS is a pyramid scheme or scam, it’s likely a legitimate MLM businesses opportunity but with a few things that may make you avoid possibily joining.

The fact that recruitment is still almost necessary to succeed, the expensively upkeep costs, the fact it’s a very new company not giving it too much credibility and the fact that 3 of the members within the company, with the co-founders included, failed within 3 years on their previous business venture, do make it hard to concretely recommend joining CPS.

There is every chance out there that CPS is a solid MLM to do join or even a solid forex trading training resource to learn from but, I can’t personally recommend joining because of the reasons mentioned above.

I’ve reviewed a lot of MLM’s on this website such as :

Which is another reason why I’m not jumping at the prospect of you joining CPS.

Of course if you’re still persistent in joining, it’s quit possible you might succeed but, going off of the stats from every other MLM I’ve reviewed, it’s very likely that you won’t.


MY PERSONAL RECOMMENDATION

I personally will always recommend against using a MLM business model to make money, not because you can’t make money through it (you totally can) but, the system has always seemed shady to myself and is kinda synonymous with the likes of a pyramid scheme or scams (MOBE and Digital altitude).

Instead I prefer working with something created through ones own means and is ultimately dependent on yourself and your work ethic alone.

This method I’m talking about is affiliate marketing. 

The reasons as to why I recommend it over MLM based structures are because

– there is no need to recruit constantly

– it is a legitimate method that has been working consistently and continues to grow as more businesses want individuals to promote products

– and because it is free to start up, no unnecessarily large start up funds needed.

The service I recommend is Wealthy Affiliate. It’s free to sign up to and will get you set up and ready to start your affiliate marketing journey within minutes, as it did for me when I begun my journey.

If you have any questions that you would like to ask me regarding CPS , feel free to do so in the comments section below and I will get back to you as soon as I can. If you have your own thoughts about CPS and would like to talk about it, again feel free to do so in the comments below!

Thanks

Amhil

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