Spey Invest – Scam or Legit? [Review]

Looking for a review of Spey Invest?

Today I’m taking a look at a new opportunity known as Spey Invest and sharing my honest opinion.

Before I start…

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Spey Invest Review

Regardless of whether this is your first time hearing of the company or its name; I would hazard a guess that you want more information, right?

Deciding to become an online entrepreneur and joining and program is a big decision and you would want to make sure that you give your money to a trusted company.

However, given the nature of the online world, you can only be certain of the legitimacy of a business by learning and reading everything about it prior to sign up. There are so many scams out there with people looking to steal your money, in the last few days alone I have exposed entrepreneurjobs.club plus a bunch of other scams. You can’t trust anyone blindly without doing the research first.

Spey Invest was launched by Daniil Solopov and a group of enthusiasts as a pilot project of business trading.
Despite being a relatively young company, SPEY INVEST has grown in leaps and bounds since its founding to become a highly regarded brand by professionals in Great Britain and abroad.”

Nonetheless, two aspects of the company are atypical of a company of its size:

1. There are not many people that know of the company or have ever heard of it – apart from some HYIP listings, some affiliate marketing websites, and the company’s website, there is little information about the company.
2. For a company that claims to be around longer it is weird that the name Spey Invest was registered on March 16 – just a few months ago.

Daniil Solopov who is the founder and chief executive of the company has a barebones Facebook profile with hardly any information about him on it. A quick look at his Linkedin profile does not reveal much, other than he once worked for Mark Davies & Associated and the Russian HNW Investors. His profile also lists him as the co-founder of a “trendsetting online floral platform” that goes by the name Florify.

The Company’s Compensation Plan

If I would like to become an affiliate of Spey Invest and earn from its compensation plan, I will need to put up money that will then an ROI according to amount of money invested:

1. Silver – Invest from between 10 USD and 99 USD for a return of 1% every day for 200 days (200% ROI)
2. Gold – Invest from between 1000 USD and 9999 USD for a return of 1.2% every day for 250 days (300% ROI)
3. Platinum – Invest from between 10,000 USD and 50,000 USD for a return of 1.4% every day for 300 days (420% ROI)

As an affiliate, I will be compensated on a uni-level compensation scheme that tracks and pays my referral commissions for any downline invested funds. Under the uni-level system, I will be on top of a team with my directly sponsored affiliates right under me on level one. Each new affiliate that I directly sponsor goes on the second level of my uni-level team. The same happens for my level two affiliates that bring in new affiliates, who will be placed on the third level, with the process of adding levels going on for as many levels as possible.

By the way, if you want to see our recommended resource for learning affiliate marketing check out AWOL Academy.

Spey Invest will then pay me up to level seven of sponsorship in a tiered format as follows:

a) Level 1 (Directly sponsored affiliates) – 7%
b) Level 2 – 3%
c) Level 3 – 2%
d) Level 4 – 1%
e) Level 5 to 7 – 0.5%

Spey Invest – Verdict & Recommendation

According to Spey Invest, cryptocurrency trading is the main way they generate revenue. However, the company fails to provide any evidence of actual trades. So how can we be certain of this? It appears that most of the revenue is actually coming from affiliates being recruited. If that is the case (which we can’t be 100% sure of) then that means that this business model is not sustainable.

Personally I won’t be recommending Spey Invest for the simple reason that I believe cryptocurrency is in a bubble and I think that many MLM companies like this are jumping on the bandwagon to make a quick buck from people who are simply following the hype. I have already expressed these views in reviews of iCoin Market, iCoin Pro, Matriz Strategy, CryptoFundz and other MLM cryptocurrency programs.

Before you leave…

If you’re sick of scams and want a real solution for making money online check out my no.1 recommendation below. You can see the exact system I’ve used to generate an extra $120k in the last 6 months alone.

Go here to see my no.1 recommendation for making money online

(This is a 100% free training)