Welcome to my Dominant Finance Review.
Is Dominant Finance a scam?
This is one of those questions that we would want to know before jumping into any program or company.
We wouldn’t want to join an opportunity to find out 4 months down the road for it just to be closed down.
We lose a bunch of time and all the money that we invested in it.
We are going to take a look at the information on the company, the products, and the compensation plan that Dominant Finance offers to determine whether it is a scam or legit.
I decided to take a closer look and review Dominant Finance because I started to see some promotions on it and wanted to learn more about it.
So with that said, let’s dive down and see what we can find out.
Dominant Finance Company Overview
In this section of the review, we are going to cover some details about the company.
Thomas Eklundh is the owner and CEO of Dominant Finance and the company appears to be based in Gothenburg, Sweden.
There have been suspicions that have been brought up about Thomas.
Some of them include:
He appears to have fake social profile accounts
The profiles that were found were newly created.
No past Internet history of Thomas
With no past Internet History, there have been a TON of promotions by Thomas.
With the newer accounts, we found, and no past Internet history of Thomas with the guy doing some really above average promotions seems like his learning curve is extremely faster than any normal human being.
Or, the name was simply made up to appear like this guy is the “image” that takes the place of the real owner.
Either way, it is very suspicious.
There were some documents that were found that the company is, in fact, incorporated through countries like Belize, United Kingdom, Russia, America, and Hong Kong.
Belize is a known tax haven so that doesn’t help in making the company’s legitimacy.
I just found that the address for the corporation that was listed in the USA is a gun range in Florida.
Yeah, it just seems like there is a lot of things made up here.
Another red flag that we found was the name Demetri Garusov back in April that leads back to him being Russian.
There is obviously a lot that the company wants to hide about who actually runs it and wants the company to “appear” to be legitimate.
This is already looking very bad.
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Dominant Finance Products Review
In this section of my review, I will cover the products that Dominant Finance has to offer.
The company seems to provide a training platform that you can invest in to earn an ROI through the company’s training results.
The company seems to promise these ROI’s as well.
As far as the product that they offer to customers even though it has an MLM pay structure is nothing.
Dominant Finance offers no retail products.
As an affiliate member, you can promote the business opportunity but we all should know that this alone is not a legitimate business model when dealing with an MLM structure pay plan.
Let’s continue on to the next section.
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Dominant Finance Compensation Plan Breakdown
In this section of my review, I will cover details on how the ROI and compensation plan works that Dominant Finance offers their affiliate members.
There are 2 main ways to earn with Dominant Finance which are:
- ROI Commissions
- Referral Commissions
ROI Commissions
When you get started as an affiliate member for Dominant Finance you will need to make an investment in the company which the amount of the investment will determine the amount of ROI that you can earn.
There are many ways to invest in Dominant Finance including many cryptocurrencies that include EUR and USD.
Here is a breakdown of the daily ROI percentage that you can earn with the size of investment that you make in USD:
- Crypton Level – This level will need a minimum investment of $100 which provides you with a daily variable ROI.
- AltPool Level – This level will need a minimum investment of $50 to $10,000 which provides you with a daily 0.3% to 0.53% 400 day ROI.
- Dominant Level – This level will need a minimum investment of $100 to $15,000 which provides you with a daily 0.33% to 0.6% 400 day ROI.
- Mastodon Level – This level will need a minimum investment of $30,000 which provides you with a daily 0.37% to 0.67% 400 day ROI.
Referral Commissions
Dominant Finance also provides referral commissions that are paid out using an MLM unilevel compensation plan.
If you don’t understand how a unilevel compensation plan works here is a quick breakdown:
- 1st Level – The first level of your unilevel compensation plan will only include your personal referrals.
- 2nd Level – The second level of your unilevel compensation plan will only include the referrals that your level 1 members (personals) refer to the Dominant Finance opportunity.
- 3rd Level – The third level of your unilevel compensation plan will only include the referrals that your level 2 members refer to the Dominant Finance opportunity.
- and so on…
Hopefully, that makes sense.
The way that these commissions are paid is through a specific percentage of the investment/s and reinvestments that members place into the business by level.
Here is a breakdown of how it works:
- Partner Rank – This level is the basic affiliate membership. You will earn 4% on level 1 which are your personals only.
- Trainee Rank – This level will require an investment of $50 and you will need to convince people to invest at least $2500. You will earn 5% on level 1 and 1% on levels 2 and deeper.
- Junior Agent Rank – This level will require an investment of $500 and you will need to convince people to invest at least $10,000. You will earn 6% on level 1 and 1% to 2% on levels 2 and deeper.
- Agent Rank – This level will require an investment of $1000 and you will need to convince people to invest at least $25,000. You will earn 7% on level 1 and 1% to 3% on levels 2 and deeper
- Senior Agent Rank – This level will require an investment of $2500 and you will need to convince people to invest at least $75,000. You will earn 8% on level 1 and 1% to 4% on levels 2 and deeper.
- Manager Rank – This level will require an investment of $5000 and you will need to convince people to invest at least $150,000. You will earn 9% on level 1 and 1% to 5% on levels 2 and deeper.
- Sapphire Rank – This level will require an investment of $10,000 and you will need to convince people to invest at least $350,000. You will earn 10% on level 1 and 1% to 6% on levels 2 and deeper.
- Ruby Rank – This level will require an investment of $20,000 and you will need to convince people to invest at least $700,000. You will earn 11% on level 1 and 1% to 7% on levels 2 and deeper.
- Emerald Rank – This level will require an investment of $40,000 and you will need to convince people to invest at least $1,500,000. You will earn 12% on level 1 and 1% to 8% on levels 2 and deeper.
- Diamond Rank – This level will require an investment of $60,000 and you will need to convince people to invest at least $3,000,000. You will earn 13% on level 1 and 1% to 9% on levels 2 and deeper.
- Diamond 1 Carats Rank – This level will require an investment of $80,000 and you will need to convince people to invest at least $5,000,000. You will earn 14% on level 1 and 1% to 10% on levels 2 and deeper.
- Diamond 2 Carats Rank – This level will require an investment of $100,000 and you will need to convince people to invest at least $7,000,000. You will earn 14.5% on level 1 and 0.5% to 10.5% on levels 2 and deeper.
- Diamond 3 Carats Rank – This level will require an investment of $150,000 and you will need to convince people to invest $10,000,000. You will earn 15% on level 1 and 1% to 11% on levels 2 and deeper.
- Diamond 4 Carats Rank – This level will require an investment of $200,000 and you will need to convince people to invest $15,000,000. You will earn 15.5% on level 1 and 0.5% to 11.5% on levels 2 and deeper.
- Diamond 5 Carats Rank – This level will require an investment of $300,000 and you will need to convince people to invest at least $20,000,000. You will earn 16% on level 1 and 1% to 12% on levels 2 and deeper.
There is a monthly requirement but the majority consists of all of your team member investments.
Here is a quick breakdown:
- Level 1 members (personals) will consist of 100% of invested funds
- Level 2 team members will consist of 50% of invested funds
- Level 3 team members will consist of 40% of invested funds
- Level 4 team members will consist of 35% of invested funds
- Level 5 team members will consist of 30% of invested funds
- Level 6 team members will consist of 25% of invested funds
- Level 7 team members will consist of 20% of invested funds
- Level 8 team members will consist of 15% of invested funds
- Level 9 team members will consist of 10% of invested funds
- Level 10 and deeper team members will consist of 5% of invested funds
This works by simply taking the fraction of the member’s investment that is taken from the rank percentage the member qualifies for and then taken away from the qualifying affiliate member.
Yeah, it is a bit confusing but hopefully, that makes sense.
Just think of it like this, if you are at a rank that pays out a percentage of 10% and one of your downline members on any leg qualifies for a higher percentage at 10% the percentage that you would receive for that higher-ranking member would only be %5.
Or if you are at 5% and a member qualifies for 3% you would receive 2% for that lower-ranked member.
I hope that makes sense.
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Matching Bonus
The Dominant Finance commissions plan also provides a Matching Bonus as part of the commissions that you can earn.
Here is a breakdown of how the Matching Bonus commissions work:
- Junior Agent Rank – You will be paid a 5% matching bonus commissions on level 1 (personally)
- Agent Rank – You will be paid 6% matching bonus commissions on level 1 and 5% matching commissions on level 2.
- Senior Agent Rank – You will be paid 7% matching bonus commissions on level 1, 6% matching commissions on level 2, and 5% matching commissions on level 3.
- Manager Rank – You will be paid 8% matching bonus commissions on level 1, 7% matching commissions on level 2, 6% matching commissions on level 3, and 5% matching commissions on level 4.
- Sapphire Rank – You will be paid 9% matching bonus commissions on level 1, 8% matching commissions on level 2, 7% matching commissions on level 3, 6% matching commissions on level 4, and 5% matching commissions on level 5.
- Rubie Rank – You will be paid 10% matching bonus commissions on level 1, 9% matching commissions on level 2, 8% matching commissions on level 3, 7% matching commissions on level 4, and 6% matching commissions on level 5.
- Emerald Rank – You will be paid 11% matching bonus commissions on level 1, 10% matching commissions on level 2, 9% matching commissions on level 3, 8% matching commissions on level 4, and 7% matching commissions on level 5.
- Diamond Rank – You will be paid 12% matching bonus commissions on level 1, 11% matching commissions on level 2, 10% matching commissions on level 3, 9% matching commissions on level 4, and 8% matching commissions on level 5.
- Diamond 1 Carat Rank – You will be paid 13% matching bonus commissions on level 1, 12% matching commissions on level 2, 11% matching commissions on level 3, 10% matching commissions on level 4, and 9% matching commissions on level 5.
- Diamond 2 Carat Rank – You will be paid 14% matching bonus commissions on level 1, 13% matching commissions on level 2, 12% matching commissions on level 3, 11% matching commissions on level 4, and 10% matching commissions on level 5.
- Diamond 3 Carat Rank – You will be paid 15% matching bonus commissions on level 1, 14% matching commissions on level 2, 13% matching commissions on level 3, 12% matching commissions on level 4, and 11% matching commissions on level 5.
- Diamond 4 Carat Rank – You will be paid 16% matching bonus commissions on level 1, 15% matching commissions on level 2, 14% matching commissions on level 3, 13% matching commissions on level 4, and 12% matching commissions on level 5.
- Diamond 5 Carat Rank – You will be paid 17% matching bonus commissions on level 1, 16% matching commissions on level 2, 15% matching commissions on level 3, 14% matching commissions on level 4, and 13% matching commissions on level 5.
Rank Achievement Bonus
Dominant Finance also offers a Rank Achievement Bonus.
The way that it works is that the company will pay out 1-time commissions for completing a certain action per your qualified rank.
Here is a breakdown of the Rank Achievement Bonus commissions:
- Agent Rank – To qualify you must personally sponsor 2 Junior Agents or higher. This bonus pays $500.
- Senior Agent Rank – To qualify you must personally sponsor 2 Agents or higher = $1000
- Manager Rank – To qualify you must personally sponsor 2 Senior Agents or higher. This bonus pays $1500 plus Antminer S9 (or $1000)
- Sapphire Rank – To qualify you must personally sponsor 2 Managers or higher. This bonus pays $3000 plus mining rig (or $2000)
- Ruby Rank – To qualify you must personally sponsor 2 Sapphires or higher. This bonus pays $7000 plus a trip to a Leadership Congress (or $3000)
- Emerald Rank – To qualify you must personally sponsor 2 Rubies or higher. This bonus pays $15,000 plus 7-day “luxurious holiday” in Dubai (or $5000)
- Diamond Rank – To qualify you must personally sponsor 2 Emeralds or higher. This bonus pays a Mercedes-Bend E-Class car or $50,000
- Diamond 1 Carat Rank – To qualify you must personally sponsor 2 Diamonds or higher. This bonus pays a Mercedes-Benz GLX SUV or $100,000
- Diamond 2 Carat Rank – To qualify you must personally sponsor 2 Diamond 1 Carats or higher. This bonus pays a Mercedes-Benz Maybach S 560 car or $150,000
- Diamond 3 Carat Rank – To qualify you must personally sponsor 2 Diamond 2 Carats or higher. This bonus pays a Bentley Bentayga SUV or $300,000
- Diamond 4 Carats Rank – To qualify you must personally sponsor 2 Diamond 3 Carats or higher. This bonus pays a Rolls Royce Wraith or $500,000
- Diamond 5 Carats Rank – To qualify you must personally sponsor 2 Diamond 4 Carats or higher. This bonus pays a Rolls Royce Phantom V12 or $1,000,000
That completes the compensation plan breakdown let’s continue on to the next section.
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Dominant Finance FAQ
In this section of this review, we are going to take a look at some questions that people may have before they join.
Is Dominant Finance BBB Accredited?
No, Dominant Finance is not accredited with the Better Business Bureau at this time.
This does not make a program or company a scam, it simply means that they are not accredited at this time.
It could mean that the company is not listed on the BBB or simply does not have an efficient amount of time in business for the BBB to accredit the business.
The cost to Join Dominant Finance
You can actually join Dominant Finance for free but it will not get you much other than creating an account.
You can only earn commissions for referring personal members and not anything else.
The minimum cost to join Dominant Finance as an affiliate member to earn the full commissions that Dominant Finance offers will be $50 to start.
Is Dominant Finance A Scam?
In my opinion, yes, Dominant Finance is a scam.
There are way too many red flags for me to feel comfortable calling this company a legitimate business model.
They have no retail products and who knows who really owns Dominant Finance.
And we also discovered that many of the supposed legal incorporated documents were most likely fake or a cover.
So how can I sit here and say it is anything other than a scam and Ponzi Scheme?
Of course, this is my opinion, and I could be totally wrong, but until I see some proof that is my position.
My Final Dominant Finance Review and Thoughts
There is a TON of inconsistencies with this opportunity to list as far as the company and owner are concerned.
Just like a few other reviewers have called out that I would agree on is that this company is most likely based out of Russia.
This opportunity is basically an investment fund MLM opportunity when all said and done.
With that said, this definitely fell into a non-compliant and illegal Ponzi Scheme in my opinion and experience.
So basically how this program works with past experience with similar types of business models is that they really don’t pay the ROI through the mining and trading that the company earns from.
If that is the case where is the proof?
So, when you take out that equation where are the profits coming from?
You guessed it, from any and all new investments.
When the recruiting and investing slows down these types of companies usually shut down and usually start up another company with a rebranded name to start the process all over again with most likely another made-up owner and documents.
So what happens to the investor’s money?
Well, unfortunately, the investors lose all their promised investments and promised ROI.
The company runs off with all the money.
Hopefully, this is not the case with this opportunity and I am simply not seeing what this program is truly all about, but the facts are right in front of our face and you can’t deny many of the issues that we did find.
So the question is, would I join or recommend Dominant Finance?
No certainly not, and I would definitely not touch this opportunity with a 10-foot pole.
I would NOT advise you to participate in this program.
With that said, I hope you enjoyed my Dominant Finance review.
Make sure to click on the social share buttons to share this review with others so people know exactly what Dominant Finance is all about.
Thank you.
