Is Antares Trade A Scam? (40% ROI Crypto Bot?)

Crypto trading is the next hot thing but the volatility makes it a huge risk to put all of your eggs in one basket. Antares Trade is another one of the many trading platforms available for traders out there but is this “basket” really worth putting any eggs in at all?

So, is Antares a scam? Or a legit opportunity for financial freedom? 

This review will help you to go through what Antares is so that you can make a more informed decision and save yourself from regrets.

What Is Antares?

• Name: Antares Trade
• Founder: Alex Richter
• Website: antares.trade
• Cost: From  $100
• Price: Rating: 1/10

Antares Trade is an investment platform based in Asia that claims to focus on generating profit for users. The CEO of Antares, Alex Richter, has years of experience under his belt in MLM companies, network companies, and even blockchain projects. 

The company is an MLM company in itself that sells its own cryptocurrency (AND) and offers members an amount of it as a reward for joining their membership. Note that their cryptocurrency isn’t publicly traded anywhere which really makes you question their legitimacy.

What Does Antares Trade Offer?

Users of Antares Trade are given compensations depending on the initial amount of investment with each investment giving a better return than the last one. Their main package for cryptocurrency compensates the user with their own AND as per the list below:

• $100 initial investment with a bonus of 100 AND
• $250 initial investment with a bonus of 100 AND
• $500 initial investment with a bonus of 100 AND
• $1,000 initial investment with a bonus of 100 AND
• $2,500 initial investment with a bonus of 100 AND
• $5,000 initial investment with a bonus of 100 AND
• $10,000 initial investment with a bonus of 100 AND
• $20,000 initial investment with a bonus of 100 AND
• $35,000 initial investment with a bonus of 100 AND
• $50,000 initial investment with a bonus of 100 AND
• $70,000 initial investment with a bonus of 100 AND
• $100,000 initial investment with a bonus of 100 AND

They also offer investment packages with a 200-day maturity, promising a return of about 1%-2% every day till maturity is reached. As per other termed packages, the money is completely ‘frozen’ till maturity is reached. 

For investors of the new age, they offer a crypto bot that trades for you based on their own algorithms while promising a return of about 25%-40% a month. If these numbers sound incredibly ridiculous, there’s a good chance that they are.

How Do You Make Money With Antares Trade?

Other than their high ROI packages and trade bots, the main way to make money on Antares Trade is through their referral program that pays you in a very common way that modern MLMs do.

The referral commission structure goes a little like this:

• Initial investment of $100 with 3% level 1 commission
• Initial investment of $250 with 3.5% level 1 commission
• Initial investment of $500 with 4% level 1 commission
• Initial investment of $1,000 with 4.5% level 1 / 0.5% level 2 commission
• Initial investment of $2,500 with 5% level 1 / 1% level 2 commission
• Initial investment of $5,000 with 5.5% level 1 / 1.5% level 2 commission
• Initial investment of $10,000 with 6% level 1 / 1.5% level 2 / 1% level 3 commission
• Initial investment of $20,000 with 6.5% level 1 / 2% level 2 / 1% level 3 commission
• Initial investment of $35,000 with 7% level 1 / 2.5% level 2 / 1.5% level 3 commission
• Initial investment of $50,000 with 7.5% level 1 / 3% level 2 / 2% level 3 commission
• Initial investment of $75,000 with 8% level 1 / 3.5% level 2 / 2.5% level 3 commission
• Initial investment of $100,000 with 8.5% level 1 / 4% level 2 / 3% level 3 commission

Not only that, but they pay a residual commission as well depending on the package bought by an affiliate:

• Initial investment of $100 to get a 5% residual commission
• Initial investment of $250 to get a 5.5% residual commission
• Initial investment of $500 to get a 6% residual commission
• Initial investment of $1,000 to get a 6.5% residual commission
• Initial investment of $2,500 to get a 7% residual commission
• Initial investment of $5,000 to get a 7.5% residual commission
• Initial investment of $10,000 to get an 8% residual commission
• Initial investment of $20,000 to get an 8.5% residual commission
• Initial investment of $35,000 to get a 9% residual commission
• Initial investment of $50,000 to get a 10% residual commission 
• Initial investment of $75,000 to get an 11% residual commission
• Initial investment of $100,000 to get a 12% residual commission

With these 10+ levels of MLM, you’ll be making money with Antares Trade in no time, or will you?

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What I Like About Antares Trade?

Absolutely nothing. They are nothing but a scam and I’ll explain why in the next section.

What I Dislike About Antares Trade?

1. A Cryptocurrency With No Real Value

Cryptocurrencies usually generate value through their scarcity in the market. For AND, Antares Trade can generate an infinite amount of tokens as long as it deems fit. To top it all off, this currency means nothing outside of its own platform.

2. No Real Products/Services To Sell

Their investment packages are all very attractive with their high ROIs but no details are given as to how these returns are achieved. Seems like they are just slapping on numbers to attract people to buy their packages in hopes of a good return. 

The only real product they sell is their MLM scheme that promises high commission rates that encourages you to promote their business. Even the owner’s credentials are a little sketchy and questionable.

3. It Is Not Regulated By Securities In Any Country

Antares Trade may promise you that your money is absolutely safe with them but there is no government body that backs up their claims. It is incredibly dangerous to put money into investment companies that have no government backing as they aren’t regulated.

You might just wake up one day and find out that they have disappeared into thin air along with your hard-earned money.

4. Unrealistic Returns

Real investments always pose a risk and there is no guaranteed return for anything. Antares Trade takes it to another level by guaranteeing you a ridiculously high return for your investments which makes even Warren Buffet drool. 

If Antares Trade’s claims were true, everyone would be a millionaire in no time.

Verdict: Typical Ponzi-scheme that’s doomed to fail.

There is no doubt about it that Antares Trades is nothing but a scam for the people. It encourages people to make their friends invest in order to cycle the money back to them as compensation for their referrals.

It joins the likes of My Micro Profit and Suponic Global, which trick investors into believing they are investing in something legit.

Their claims of profit through their cryptocurrency are nothing but a disguise for fraud and the platform should be avoided at all costs. This is one of those schemes that would make even Bernie Sandhoff proud.

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