Understanding Mirror Trading International 2020 – How To Make Money From MTI
Who is the founder and CEO of Mirror Trading International?
Johann Steynberg – Founder and CEO from Polokwane, South Africa.
Johann has a FaceBook and Twitter profile.
The company is registered in the Republic of South Africa
In other companies, you gave them all your money and then you waited for them to pay you back your capital plus interest.
This is very different, the company MTI can only make money if you make money. This is a proper investment company and the mission is to make money for the investors first. That is the investment business and the only way that the company can sustain itself.
What is the minimum Investment? A suggested minimum is $100 (payable in Bitcoin) and you can add to your investment at any time.
What is the currency that is used for trades? The base currency on the trading platform is Bitcoin. Not USD
We keep everything in Bitcoin and not USD.
The reason for this is if we were to convert it to USD, and the bitcoin price doubles, you as the member will not get the benefit of that increase. In the same scenario, if the price of Bitcoin were to fall, the company would need to take the loss for that. That is why you deposit in BTC, your trades happen in BTC and your balances stay as BTC.
That is why we work in BTC only and disregard the price/value of Bitcoin. The aim at MTI is to increase the amount of BTC in your portfolio so that when the price of BTC goes up, you will also reap the benefit of that.
On which days do the trades take place? Monday to Friday and the trading is done mainly with forex pairs.
Do I get reports about the trading?
Yes, you will receive a daily statement via email, detailing all the trades on your account. The statement will show the profit earned and give you the percentage earned. It will also give you the value of your account at the time of the statement.
What are the anticipated monthly bonuses? Around 10-12% monthly, however daily trade profit will fluctuate according to trading success so the bonuses cannot be guaranteed.
When can the bonuses be withdrawn? Bonuses can be withdrawn or left in your account to increase your trading capital.
If you want trading to continue on your behalf, it is suggested that you keep a minimum balance of $100 in Bitcoin (0.01 BTC) in your account.
How long is the investment period? The investment period is continuous and you will continue to earn profits as long as you keep a balance in your trading account. The suggested minimum is $100 in Bitcoin (0.01 BTC)
Will I earn a referral commission when I introduce a new member? You will earn 10% referral commission for every member you introduce.
If I sponsor 2 members each investing $100, the 10% direct referral commission will be $10 from each member? Yes. There is a once-off 10% referral commission. MTI will calculate it on a high watermark level principle. Meaning that if a person deposits the suggested minimum of $100, there is a $10 direct commission (10%) payable to the sponsor. If he later deposits another $500 for example, another $50 in referral commission will be paid to the sponsor. Now the member has $600 in deposits. If he, for example, withdraw $300, his watermark level remains on $600. If at a later point he once again deposits $300, there will be no commission payable. Only when he deposits more than his original $600 there will be 10% direct referral commission payable.
Every time I refer a new member I will get this 10% referral commission or is only limited to my first 2 people? 10% referral commission is payable on any of your referrals. Even if you refer 100+ members, you will receive the direct referral commission on all of them.
What is the structure of the compensation plan with MTI? MTI is multi-level marketing business with the Binary structure where you will be paid profit-sharing binary bonuses for the volume created in your team’s lesser leg.
Is this a forced binary compensation plan, meaning if I refer more people, those people will fill the gaps going deep on my matrix? It is a Binary compensation plan with spillover. You can refer as many people as you wish. The spillover will be placed on the outer legs of your binary.
How do I qualify for Binary bonuses? You will need to introduce at least one member into the left leg and one member into the right leg to qualify for Binary bonuses. You will also need a personal investment with a minimum of $200
Members can earn infinite levels deep in the binary. It all depends on how much they invest.
- With an investment of $200 – $999 you will earn 10 levels deep in the Binary.
- $1,000 – $4,999 you’ll earn 20 levels deep.
- $5,000 – $9,999 you’ll earn 30 levels deep.
- $10,000+ will be Infinite Levels Deep.
All bonuses are paid in Bitcoin into your wallet on Fridays.
What is required to start?
You will need to have your investment of the suggested $100 available (0.01 BTC)