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Showing posts from December, 2020

False allegations against Mirror Trading International

A group calling itself 'Anonymous ZA' published some news of a scam that allegedly happened at Mirror Trading International. It calls MTI a fake Bitcoin investment company that is involved in a multi-level marketing scam. Information that was obtained from the security breach of MTI internal systems is used to project the company as being structured around a pyramid scheme. Media also alleges the company follows a practice of differentiating between founder members and regular members. We will look into both these aspects in-depth and in detail in this short post. Legit trading network Firstly, MTI is not a marketing network even to start with. It is a real trading company that provides its members with an additional revenue stream for affiliates. The earnings are optional and paid out on weekly basis, unlike daily profit earnings. Moreover, they mainly promote forex trading and Bitcoin, rather than their affiliate scheme. Additionally, MTI has been operating successfully ...

Is MTI A Scam?

The reputation of Mirror Trading International (MTI) has been marred with criticisms of late. News on scam surfaces on Youtube and social media. Are all of these criticisms or even any of them is true. You will know all about it at the end of this post. A lot of new investors ask the question, Is MTI A scam ? The short and long answer is no. Some opportunistic critics lend to the skepticisms. We will look into the finer details to understand more on from where these criticisms come from Background Initially, MTI allowed traders to view live trading at the comfort of their mobile screens. Some violated the feature by copying the trading pattern. These violators started selling the signals to third parties. It compromises the profit potential in any particular trade. Hence, MTI stopped allowing members from viewing live trades. It happened after decisive inputs from traders and software developers. It gave the perfect opportunity for some to claim that the company doesn't trade ...