The OneX Scam
Is OneX A Scam Or A Legit Income Opportunity?
What is OneX?
Many reports and claims about OneX scam have been flying around the internet, but before you buy into any of them, you need to know exactly what OneX is and how it works. OneX is a profit centre of a company called QLxchange™, and works as the main marketing arm of the company. It is also designed in such a way that it presents an opportunity into which individuals can buy and easily make profit. Both OneX and QLxchange are subsidiaries of New Horizons Network.
How does it work?
OneX has two stages involved, each of which has four tiers. On joining the program, you are placed in tier one of the first stage, after paying a one-time fee of $5. One reason, perhaps, why people are talking of OneX scam, is the fact that some reviews claim that it is an opportunity in which people earn without having to sponsor others. The truth is that you will have to sponsor people to be assured of an income from OneX.
At stage 1 – tier 1, you are placed on top of your own 4×4, forced matrix. That means you should get four people on your first line, each of which gets four other people and the cycle continues. That means by the time the cycle completes, you will be having 340 people on your downline.
Does OneX sell real products?
According to http://OneX.me/, the website on which the opportunity is promoted, the onetime fee of $5 that the new members pay is for buying information that should help them create profitable businesses. These programs go by the following titles:
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Exploding Your Business
Desparate Market Domination
The Millionaires Financial Breakthrough Revolution
Solved SEO Mysteries
Local Business SEO Demystified
Viral Marketing Frenzy
Millionaire Mindset-Affirmation Expansion
Online Profits Armory
The company claims that upgrading to the next tier and the next stage means buying more of the above listed business educational materials. Only members can receive these programs.
OneX scam: A close look at how members earn
The company claims that it invests all the registration fees back into the program to make it more profitable. That means, if you enter into tier one of stage one and get four people to join and register for this stage, you automatically earn $20. The earning potential increases as members of your downline upgrade.
An honest view about OneX scam
Should the system work as explained on their website, then, there seems to be a possibility of making a good income from it. However, it’s not clear how beneficial the information claimed to be sold is. It seems that the main attraction is not really the information but the opportunity of making money from registering and upgrading members of your down line. Last of all, very little is known about the founders. They have purposely hidden their full names. This is always cause for concern. A great program should allow you to have access to company management by phone and online. Recently, rumors have it that this program is no longer functioning since 4th quarter 2011.
Is there anything about OneX scam that we have left out? Please share your experiences with us by posting comments below.
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