These days, modern Forex trading platforms are always attractive to anyone looking to make passive income. Throne Legacy Capital is one of those platforms that promise significant profits to its users. While its website, TLCGlobal.asia, seems convincing at a glance, there’s more you should consider before deciding to invest your money with Throne Legacy Capital.

So, in this review, we’re going to tackle the question you’ve been wondering: is Throne Legacy Capital a scam?

What Is Throne Legacy Capital?

• Name: Throne Legacy Capital
• Website: TLCGlobal.asia
• Founders: Carl Ronny
• Cost to Join: $1,500 to $30,000
• Rating: 0/10

According to its website, Throne Legacy Capital is an investment management company founded in 2019 in Hong Kong, backed by many trading experts. It claims to use modern technology and infrastructure to become a trustable Forex trading company.

Throne Legacy Capital was founded by Carl Ronny, who claims to have been a part of many investment companies, giving him a long track record of experience in the training industry. Along with him, Kwanky Tse is also credited as Throne Legacy Capital’s CEO.

The information about the founders is quite confusing as it is unclear who the actual founder is and there is no specific company or project that is mentioned as part of Carl Ronny’s claimed experience.

What Does Throne Legacy Capital Have to Offer?

From its company website, it seems like Throne Legacy Capital has a lot to offer. First, Throne Legacy Capital claims that it is a leading Forex training platform. With a huge sum of investment, users are promised stable and passive returns.

Another offer that they heavily promote is generation bonuses, which are the equivalent of recruitment commissions. The first bonus is generated when an individual recruits another person, forming a team of two.

As the user recruits more team members, more bonuses are promised. Therefore, to unlock these bonuses, the only choice for users is to recruit as many people as possible.

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What Does It Cost to Join Throne Legacy Capital?

As previously mentioned, the minimum cost to join Throne Legacy Capital is a whopping amount of $1500. The packages are defined as follows:

• GW Package – $1500
• GW 10 Package – $1500
• GW 20 Package – $30,000

The funds are fixed-term for two

years and profits cannot be withdrawn until then.

In order to get more returns on investment, users need to make further investments as well as recruit new members. The system is a typical affiliate rank model in which users get higher bonuses the more investment they make and the more recruitments they generate.

Here are the affiliate ranks of Throne Legacy Capital:

• IB Rank – at least $1500
• IB1 Rank – $1500 followed by further investments
• IB2 Rank – $1500 followed by further investments and recruiting 2 IB2 members
• MIB1 Rank – $1500 followed by recruiting 3 IB2 members
• MIB2 Rank – $1500 in five different projects followed by recruiting 2 MIB1 members
• SIB1 Rank – $1500 in eight different projects followed by recruiting 2 MIB2 members
• SIB2 Rank – $1500 in ten different projects followed by recruiting 2 SIB1 members

Throne Legacy Capital also withholds 10% of all paid commissions and bonuses.

How Do You Make Money with Throne Legacy Capital?

The size of profit a user gets on Throne Legacy Capital depends on the investment and recruitments the user makes. Here are the explanations for each affiliate rank’s profit system:

• IB Rank – at least $1500

This is the very basic affiliate rank and it already requires a dazzling investment.

• IB1 Rank – $1500 followed by further investments

For users who want even more bonuses, they need to make further investments.

• IB2 Rank – $1500 followed by further investments and recruiting 2 IB2 members

As Throne Legacy Capital stresses on generational bonuses, recruitments are the only way to keep getting bonuses. This is pretty difficult since the initial investment fee is very large, to begin with and not everybody a user recruits will want to make such an investment.

• MIB1 Rank – $1500 followed by recruiting 3 IB2 members

Higher up the rank, more members need to be recruited. Not only that, the recruited members themselves must also move higher up the rank for their team leader to earn more bonuses.

• MIB2 Rank – $1500 in five different projects followed by recruiting 2 MIB1 members

For the three highest ranks, users are required to invest in multiple projects as well as recruit high-ranking members. Investing $1500 in more than one project is a pretty risky investment and should be done with extreme caution.

• SIB1 Rank – $1500 in eight different projects followed by recruiting 2 MIB2 members

The sixth tier of affiliate rank requires an even bigger, riskier investment with multiple projects. Users also have to make sure their recruited members move higher up the rank to unlock their bonuses.

• SIB2 Rank – $1500 in ten different projects followed by recruiting 2 SIB1 members

The highest rank of all requires the most dramatic investment value in ten different projects while also obliging members to ensure their recruits move to the second highest affiliate rank in order to unlock bonuses.

• SIB2 Rank – $1500 in ten different projects followed by recruiting 2 SIB1 members

The highest rank of all requires the most dramatic investment value in ten different projects while also obliging members to ensure their recruits move to the second highest affiliate rank in order to unlock bonuses.

Paid commissions

Commissions are paid per recorded trade as follows:

1. IBs: $2 per recorded trade
2. IB1s: $3 per recorded trade
3. IB2s: $5 per recorded trade
4. MIB1s: $8 per recorded trade
5. MIB2s: $10 per recorded trade
6. SIB1s: $13 per recorded trade
7. SIB2s: $15 per recorded trade

Generation Bonus

For the generation bonus, here is the scheme promised for different ranks:

1. IB2 to MIB2: 5% on one generation per leg
2. SIB1s: 5% on up to two generations per leg
3. SIB2s: 5% on up to three generations per leg

GW Referral Bonus

Users who invest in a GW Package as elaborated above are qualified to earn the following referral bonuses:

1. 50% on the first generation per leg
2. 15% on the second generation peg leg
3. 10% on the third generation per leg

What I Like About Throne Legacy Capital?

Seriously, there’s nothing appreciable about Throne Legacy Capital. Like Paraiba and Freebay, it’s a Pyramid scheme that’s luring unsuspecting users.

Things I Dislike About Throne Legacy Capital (Cons)

As a relatively new company that promises whopping bonuses with huge initial investments, anyone looking to invest in Throne Legacy Capital needs to proceed with caution.

Here are the reasons that Throne Legacy Capital is not trustworthy.

1. No regulated license

Throne Legacy Capital doesn’t operate with a regulated license. IBFC (Malaysia) has even released a public warning to Throne Legacy Capital for offering trading without a regulated license. It is needless to say that Throne Legacy Capital is a scam.

2. Unclear website

The website of Throne Legacy Capital offers numerous incomplete information. As previously mentioned, the organizational structure is unclear, as well as the biography of Carl Ronny, who is stated as the founder.

While he is claimed to be involved in several investment projects and companies, there is no specific information on the said projects and companies.

To make matters more suspicious, the photos of their claimed headquarters in Hong Kong on their website are merely empty office space, so it is uncertain if the pictures are real. 

3. Huge investment with long return

The most basic package in Throne Legacy Capital already requires users to invest $1500. Returns can only be withdrawn after 24 months, which is a very long period, especially when investing in a less-than-credible company such as Throne Legacy Capital.

Verdict: Throne Legacy Capital is a Scam

We report that Throne Legacy Capital is considered a scam because of the reasons explained above. With the unclear company details and huge investment with long returns, nobody should be investing their money with Throne Legacy Capital.

What makes it more evident is the public warning issued towards them due to the lack of regulated license, which is necessary for any credible Forex trading company.

Throne Legacy Capital has no retail products and it’s heavily reliant on recruitment fee for revenue. It is, therefore, nothing but a Ponzi scam.

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