Welcome to my 2 Dollar Matrix Review.
Is 2 Dollar Matrix a scam?
This is going to be a question that you will want to know before jumping into any program, so we are going to look into several aspects of the company to determine if it is a scam or legit.
We are going to take a look at the company information, the product information and the compensation plan, and how it works.
We will then gather all the information and give our best thoughts on whether we think this is a good and safe company to join.
The reason why I decided to take a look at this opportunity was that there was some buzz going around, and so I wanted to see what it was all about.
If you are looking at earning extra money from home than before you go make sure to check out the link on this page.
With that said, let’s begin with the teardown.
2 Dollar Matrix Review – What Is It?
2 Dollar Matrix is an MLM company designed to help you make money with a referral process that will pay you from the compensation plan that it offers.
It’s very simple to understand the concept that the opportunity offers which is how to make money with them.
I mean yeah, it is as simple as that.
That is basically what it is, let’s move to the next section of my review and see what information we can find out about the company.
2 Dollar Matrix Company Overview
Unfortunately, after combing through the company website, I couldn’t find any information about the company owner.
When doing some research about the domain name to see if I can find any further information this is what I’ve found:
- Registered on 7/18/2018
- Privately Registered
- No other information found
One of the things that I find very interesting about the companies that do not provide any information about who runs or owns that company is that the programs usually don’t stick around too long.
This is probably is hiding something.
I mean why else would you keep that information private?
Either way, let’s move on.
The next section of my review will cover information about the products.
Another great review: Magellan International Alliances Review – Scam or Legit?
2 Dollar Matrix Products Review
As an MLM company, you need retail products to be in compliance with the regulators.
If you have an affiliate program, they have different criteria, but for MLM you do need to have some type of retail products for customer purchases.
With that said, 2 Dollar Matrix does not offer any retail products.
The only products that 2 Dollar Matrix offers are some eBooks that only the affiliates have access to.
2 Dollar Matrix states on their site that the reason why they are legal they offer some valuable eBooks, but these eBooks are only for affiliates, not for customers.
Because this company is designed as an MLM company with their matrix compensation plan, they need retail products to be legal.
Don’t believe me, look it up here.
The section where it talks about retail sales for an MLM opportunity is in section D, part 2.
2 Dollar Matrix Compensation Plan Breakdown
2 Dollar Matrix is designed in a Matrix MLM compensation plan structure to pay affiliate members of the program commissions.
The matrix pay plan has a 9X9 structure.
When you pay and join the 2 Dollar Matrix you will get placed somewhere in the Matrix but will have your own 9X9 matrix, and you will be placed in position 1.
There is only a 1-time payment when you enroll.
When your referrals and their referral and any further referrals from direct or indirect sponsoring occur, and they join as a paid member is when you earn a commission from the 2 Dollar Matrix.
Basically, as you can see in the compensation plan chart image that I’ve provided, there are a LOT of positions that can be filled.
For each level moving down on the matrix, the number of affiliates will double from the previous level as you can also see in the image above.
Every person that joins your matrix from direct or indirect referrals will generate you a 15 cent or .15 in commissions.
As you can see in the image above when the matrix fills up the compensation plan will pay out just over $65,300,000 in commissions.
Like I said at the beginning of this review, the program is designed all-around a simple pay plan that you can earn small commissions with that is also simple to understand.
The next section of my review will cover some answers to questions that people may ask.
Another great review: iBull Trade Review – Scam? Compensation Plan Breakdown
2 Dollar Matrix FAQ
Is 2 Dollar Matrix BBB Accredited?
Nope, this program is not accredited on the Better Business Bureau website.
This is not a reason for the program being a scam or not, it simply means that it is not listed.
The Cost To Join 2 Dollar Matrix
It will cost just $2 to join the 2 Dollar Matrix opportunity and get a position in the 9X9 matrix compensation plan with your referral link included.
You must also have or get a PerfectMoney account to join and receive payment.
**And also included are some great eBooks. LOL
Is 2 Dollar Matrix A Scam?
After reviewing all the information about the 2 Dollar Matrix program I can’t really call it a scam.
A more technical term that would be used that is more proper of a description would be a Ponzi Scheme.
Related articles: MLM Company Reviews, Pay Plans, and Scams
Final 2 Dollar Matrix Review and Thoughts
So we determined that the 2 Dollar Matrix has many red flags to consider.
The things that we must point out about 2 Dollar Matrix is:
- No owner information on the company website
- No retail products
- Simple 1 time very low payment compensation plan
- Need a TON of people to earn any real money with only a 15 cent per member payout.
- It IS in my opinion and pretty much a regulator’s opinion a Pyramid Scheme
I really do not see this program lasting too long.
People are smarter and keener on schemes like these.
This program was designed to earn fast cash for mainly the company owner is what it seems like with how it is structured.
So this brings us to the question…
Would I join the 2 Dollar Matrix?
For one, the company is not transparent with who owns it.
The program is designed as a typical Ponzi Scheme that I don’t even think the regulators will get involved with since I feel it will not do so well and shut down soon.
And there is the fact that it is going to take a HUGE amount of people to earn just a few hundred bucks.
It is not even worth it on so many levels.
I would not recommend getting involved with this company.
I hope you enjoyed my 2 Dollar Matrix Review.
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