Omega Pro is one of the new pay-and-earn investment options that are trending online lately, and it tends to offer unrealistic returns on the forex trading aspect. Even the affiliate side of the whole investment network isn’t workable.
Already there are complaints on user feedback platforms _ in many African countries, where Omega Pro has been pitched to investors as a decentralized financial solution. Recently, the same cliché marketing pitch was used in a few Nigerian newspapers, with zero details to back up the promises.
One of the catchy phrases that float this promo is that it will definitely lift thousands of Nigerians out of poverty. But that is a riff we have heard often, especially when a poorly-structured company wants to test-run in any third-world country.
Here is a clip from the VanguardNGR,
Note that nothing is said about the sort of risk the AI is supposed to hedge for, or the extent of the securities it could guarantee, as long as financial safety is concerned. It just leaves too many loopholes to pass for a legit deal, considering that Omega Pro appears to be registered in an under-regulated jurisdiction _ St Vincent and Grenadines.
After rip-offs like Racksterli and other click-and-earn online poverty safe nets flogged on Nigerians, Omega Pro is just another brand from the same business book as the previous ones.
One major slip here is that the site isn’t all that novel as per investment choices. It just seems to offer untenable features and ROIs. You can check out the forex page for this detail.
After months of pretending to offer game-changing features _ actually, this is an MT4 trader _ for forex traders, the company posted a hack glitch, saying its backend is compromised. This was last year, though, but it seems like the website is back online this year, focusing on countries outside Peru, Nicaragua, Spain, Congo, and Chile, where it already bagged public denouncements.
Note:
St Vincent and Grenadines doesn’t have strict regulations for online platforms that should’ve gotten stuck in SEC scrutiny. In fact, the country seems to leave its legislation open on that aspect so as to attract investments.
The implication is that any company can profit off the loophole, which is exactly the tactics that Omega Pro employs here. If you check down the website, you will see the official address location _ no other place than St Vincent and Grenadines.
For the record, any forex broker that operates outside US-type of regulators, such as The National Futures Association (NFA), can’t offer any reliable guarantee. If you invest in such a platform, then you are risking a lot.
Also, nobody knows who is running the company. Everything just seems caught up on the ROIs and exaggerated bots plus forex spreads on the platform. That is a good recipe for an imminent rip-off.
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Omega Pro Affiliate Reward Cycle
Omega Pro uses a typical membership/affiliate reward pattern like most online platforms. Its affiliates earn from a Binary Team grid.
Here is how the Binary Team works.
Affiliates usually start their earning cycle by making a threshold investment _ specifically, $150 on Omega Pro. Then, they can hope to earn profits from downlines, affiliate ranks, bonuses, and affiliate commissions.
Often, the commission is worked from a binary team reel, which uses two positions on the first level, then progressively adds two more positions to each new entry infinitely. Level one has two positions, while level two is twice this number. The available positions keep increasing exponentially.
After a fixed number of levels, the total earnings are calculated on the weaker binary side (8% in this case). The rest is reshuffled. Then, the affiliate gets paid and begins a new cycle. Other platforms use this method, although there will be slight variations.
The tiered Omega Pro weekly cash-outs are as follows.
$50000 every week for affiliates in the VIP Trader tier
$35000 every week for affiliates in the Elite Trader tier
$25000 every week for affiliates in the Master Trader tier
$20000 every week for affiliates in the Premium Trader tier
$18000 every week for affiliates in the Tycoon Trader tier
$15000 every week for affiliates in the Advanced Trader tier
$5000 every week for affiliates in the Pro Trader tier
$5000 every week for affiliates in the Light Trader tier
$2500 every week for affiliates in the Basic Trader tier
$500 every week for affiliates in the Start Up tier
$150 every week for affiliates in the Free Package tier
Other than this set of rewards, Omega Pro has a different returns cache _ culled from 3% of total investments _ for qualified affiliates. The cache is set in three categories captioned as Pool 1, Pool 2, and Pool 3.
To get the returns from any of these categories, the affiliate will have to meet these requirements.
Get a steady $600000 per month on the strong binary side and $400000 per month on the weak binary side to qualify for Pool 3
Get a steady $90000 per month on the strong binary side and $60000 per month on the weak binary side to qualify for Pool 2
Lastly, a steady $24000 per month on your strong binary side, along with $16000 on your weak side qualifies you for Pool 1.
Omega Pro Achievement Rewards
Apparently, the string of rewards and bonuses on the platform is to make up for the lack of any legit investment on the backend. Omega Pro has up to nine (9) reward tiers, depending on the membership package affiliates subscribe to.
Crown Diamond _ earns you Lamborghini Aventador
The prize is available for three (3) Black Diamond recruitments on the strong binary side, and two (2) on the weak binary side, along with $2400000 and $3600000 invested in each side in turn.
Black Diamond _ earns you a Ferrari
The prize is available for two (2) Blue Diamond recruitments on the two binary sides, along with $1500000 in the strong side, and $1000000 invested in the weak side.
Blue Diamond _ earns you $100000
Affiliates will have to recruit two (2) Diamond Affiliates on either team side, along with $600000 invested in the strong side, and $400000 invested in the weak side. It gets the qualified affiliate a $100000 bonus.
Diamond _ earns you a watch
The prize goes for two (2) Platinum affiliates on either team side, along with $240000 invested in the strong side, and $160000 invested in the weak side. It gets the qualified affiliate a watch.
Platinum _ earns you a trip
Affiliates will have to recruit one Gold affiliate on either team side, along with $90000 in the stronger team side, and $600000 invested in the weak team side. The prize is a paid trip (Platinum Trip).
Gold _ earns you a laptop
Affiliate will have to recruit one Silver affiliate on either team side, along with $45000 in the strong team side, and $30000 invested in the weak team side.
Silver _ earns you a trip
The prize goes for one Builder affiliate recruited on either team side, along with $24000 in the strong team side, and $16000 invested in the weak team side.
Builder _ earns you a Pin
The prize goes for one Associate recruited on either team side, along with $9000 in the strong team side, and $6000 invested in the weak team side.
Associate _ earns you a Pin
In this case, you only have to subscribe to at least the Basic plan, then maintain a $600 and $400 investment in the strong and weak team sides in turn.
Conclusion _ Beware of Bogus Deals
At this point, you probably wish to know if these ROIs, bonuses, and rewards on Omega Pro are legit. Well, they are not. So down’ get your hopes up.
The only reason the site is still up is that they have been able to keep a chunk of the affiliates’ deposits as conditional investments. As soon as the scheme stops paying _ and it gets unwieldy with time _, the owners would simply close the front end and claim they’re hacked as they claimed previously.
Another thing you need to think about is that Omega Pro is banned in several countries, including France. So, how is it supposed to support Nigerian businesses? Don’t invest in scams.
