Thanks for stopping by to read my Auvoria Prime review.
You may have been approached by a friend or family member to join Auvoria Prime. Or you stumbled upon a promotion of some kind, talking about passive income with a risk-free investment.
It sounds good, right?
Passive income, freedom and independence?
You know it's not that simple though. You're not even certain Auvoria Prime is legit, or if it's just another scam or pyramid scheme.
In this review, I'm going to explain who Auvoria Prime is, what they do and how they work. I'll also discuss controversial subjects such as lawsuits involving Auvoria and questionable associations with similar companies who found themselves in legal trouble.
The topics I'm going to cover are:
- What is Auvoria Prime?
- Is Auvoria Prime a Scam?
- Is it a Pyramid Scheme?
- Auvoria Prime Lawsuit
- How Does it Work?
- Can You Make Money with Auvoria Prime?
- Auvoria Prime Trading Tools
- Auvoria Prime Compensation Plan and Bonuses
- Reviews and Complaints
- What I Like
- What I Don't Like
- Where Do You Go From Here?
What is Auvoria Prime?
Auvoria Prime is a multi-level marketing company (MLM) that sells trade strategy signals, alerts, research, analysis and tools for use in the FOREX trading markets.
They are classified as a publisher of financial news and information and are therefore exempt from certain registrations and regulations involving the SEC and the US Securities Investment Advisors Act.
In other words, Auvoria Prime is not an investment advisor, broker, dealer or fiduciary, nor do they take possession of your investment capital. They only provide impersonal financial advice that's not tailored to any particular individual or client.
The trading tools they provide help you to make your own trade and investment decisions.
In addition to their tools, which are available to you as a retail customer, Auvoria Prime also offers a multi-level business opportunity and you can earn money through their compensation plans.
Is Auvoria Prime a Scam?
Auvoria Prime operates in not one, but two industries flooded with scams. Online trading software and multi-level marketing schemes.
To make matters worse, you may have read some accusations that Auvoria Prime is a scam because of past associations with similar trading and income-related MLM's that are no longer in business.
I'll connect those dots in further detail below, in the section titled reviews and complaints, and I'll also go over the reasons I think those scam accusations may be more of an “assumption” than they are a fact.
For example, a co-founder of OneCoin pled guilty to participating in a multi-billion dollar fraud and faced up to 90 years in prison.
He was later released on March 13, 2020 which may make it sound less bad I suppose, but with Auvoria Prime's Chief Network Officer, Sal Leto, coming from OneCoin, the point still stands. These connections are not inconsequential.
What's missing in those scam accusations however, or at least the ones I've seen, is that there are no direct lines between those who were charged and those who later went on to form Auvoria.
Being a member or an affiliate for those companies doesn't mean they were part of the larger fraud that was going on, or that they knew about it.
There's an assumption that Auvoria's management must have known what was going on inside those companies (which also include two other financial MLMs, Eaconomy and SilverStar Live), that they contributed in some way to the fraud, and that Auvoria is just the latest scheme in a chain of schemes wrapped in a new package.
It's natural to draw that conclusion (I'm tempted to myself)… but to be fair, it doesn't mean it's true.
It doesn't mean it's untrue either, but in my opinion, connecting those dots is only speculation and doesn't prove they're a scam. I'm not calling them a scam, I just don't see any real evidence of it.
It's possible that Auvoria Prime is the opportunity for its management team to get right what the founders of those other companies got wrong.
The other accusation, which is perhaps more serious, is that Auvoria is committing securities fraud, and there's quite a debate about this online.
Disclaimer: I don't know enough about securities and securities fraud to definitively claim a position here, and I'm certainly not making any recommendations as to what you should do when it comes to investing using Auvoria Prime's software (nor am I offering any investment advice whatsoever).
With regards to securities fraud, my understanding is that Auvoria Prime does NOT offer securities for sale. They are registered as a publisher only.
They do not take possession of your investment capital, and they don't make any investments on your behalf. The only money they receive is what you pay for the use of their software.
In order to commit securities fraud, from what I understand (which could be wrong), you have to sell securities.
Auvoria is not that kind of investment platform, like Robinhood or Webull for example, and you can't open a brokerage account with them.
It's also not an “auto-trading” software, meaning you must approve your own trades.
Their software provides access to trading signals, analysis, alerts and so on… but the trades you execute are done manually at your own discretion through a brokerage of your choice.
If anyone has information or experience with Auvoria to the contrary and can shed more light on that, please share in the comments section below. Your insight will be helpful to everyone reading this.
The Biz Opp
Being in a similar industry myself (not MLM) and showing people how to start an online business, I know what it's like to give hours of help to someone without asking for anything in return while others who have no idea what it is, and don't know me, call it a scam.
So, I can sympathize with what many in Auvoria are probably feeling.
Sure, they're building their downline to generate passive income by recruiting others, and if you're a skeptic, I get it… but building a better life for themselves doesn't mean they're being insincere about it, or that they're not genuine with their help and support.
The default opinion is that someone promoting a business opportunity must be a scam. And it's a good default opinion to have. There are ton of scams out there.
But again, it doesn't mean it's always true.
I can't say I'm a fan of this particular business model, which I'll rant about in a moment, and with any business opportunity, caution and research are recommended.
Especially when it comes to investment software or platforms where you could lose a significant amount of money, and/or contribute to someone else losing their money.
But, like the other accusations made against Auvoria, I don't see any evidence that the biz opp side of their business is a scam.
Is It a Pyramid Scheme?
I'll say it again. I don't like this business model, so I'm a little biased here.
I don't just mean pyramid schemes, I mean any multi-level-marketing system of any kind, legal or illegal.
In fact, just sitting through their webinars and AP (Auvoria Prime) calls made me cringe, reminding me of my own involvement in MLM's years ago.
There's a lot of “freedom building” and talk of “living the dream”. It carries over into their affiliate training as well, which also taps into buzz phrases like “generational wealth” and “legacy”.
I have nothing against motivational encouragement and self-development material used by MLM companies. My time in Amway in the 1990s turned me into a personal development junkie and I'm still an addict to this day.
Within the context of multi-level-marketing though, my time in Amway and later an insurance MLM, these presentations and what I refer to as recruitment pep rallies, make me cringe.
I've sat through more than I can count, and I've given those presentations as well.
But my bias against MLM's is because they didn't work for me.
That doesn't mean they won't work for you, and it doesn't mean all MLM's are pyramid schemes either. At least, not all are illegal pyramid schemes.
Wherever recruitment is involved in building a downline that forms a pyramid structure and money flows to the top, it resembles a pyramid scheme in my opinion. Illegal or not.
The difference between legal and illegal pyramid schemes is whether they have a legitimate product to sell. A product with “retail potential” that generates a profit independent of the opportunity.
If there is no product, it's probably a cash gifting scam or Ponzi scheme.
If there is a product, but the product's sole purpose is to grow the pyramid and is of no use to anyone outside the pyramid, it's most likely an illegal pyramid scheme.
Neither of those two describe Auvoria Prime.
Auvoria Prime has real products (which I'll go over below) that have real retail value.
In other words, you can still purchase their products and use them as a retail customer, even if you have no interest in their business opportunity.
Like all legit MLM's, they require their agents to maintain a certain number of “customers only” who are not involved in the affiliate program in order for themselves to qualify as affiliates.
Multi-level-marketing companies are always walking this fine line because it's no secret the real money is in recruiting.
Members and affiliates will spend far more time trying to build their downline than they will a retail business, which doesn't provide passive income or growth.
Many cross that line and get shut down by the FTC.
At the moment though, there are no indications that Auvoria Prime falls into that category. They are currently operating as a legitimate multi-level-marketing company, not a pyramid scheme.
Auvoria Prime Lawsuit
As with other discussions online about Auvoria, there's also talk about a lawsuit and whether that implies in some way Auvoria Prime is not legitimate.
The lawsuit being discussed is: EACONOMY, LLC, a Delaware Limited Liablity Company (the plaintiff) v. AUVORIA PRIME, LLC (the defendants) in which Eaconomy claimed Auvoria was in violation of the Uniform Trade Secret Act (UTSA) and used trade secrets without the consent or knowledge of Eaconomy.
This lawsuit has nothing to do with Auvoria being a scam. It has to do with key people who left Eaconomy to start a competing business.
Shortly after Eaconomy filed the trade secret action, the court entered a temporary restraining order (TRO) to keep defendants Auvoria Prime and Chief Network Officer Sal Leto from certain recruitment of Eaconomy's distributors.
The TRO stated that Auvoria Prime and Sal Leto shall NOT, directly or in active concert with anyone else, knowingly recruit, sponsor or solicit any existing Eaconomy distributor or customer to join Auvoria Prime (as a distributor or customer).
Eaconomy argued that an independent agent of Auvoria Prime, Catalina Naranjo, solicited one of Eaconomy's distributors in violation of the temporary restraining order, and claimed Auvoria directly instructed or acted in active concert with Naranjo to recruit, sponsor, or solicit this particular distributor.
Apparently in December 2020, Eaconomy and Auvoria settled and the details of the settlement were not made public. I haven't been able to verify this from an original source.
Also, I'm not certain Sal Leto is involved with Auvoria Prime anymore or if he has just taken a quieter role. There are no mentions of him on their website anymore, except for some news and webinar's that date back to early 2020, and Sal Leto's LinkedIn profile does not currently mention Auvoria Prime either.
And, on a recent AP Discover Call I watched, he wasn't shown on the Leadership Team slide.
At any rate, the lawsuit that seemed to have raised some red flags and put into question Auvoria Prime's durability and legitimacy as a company was between them and another company in which Sal Leto was involved.
But it did not have anything to do with Auvoria Prime's legitimacy.
How Does Auvoria Prime Work?
As you know, Auvoria Prime offers two money-making opportunities; the products they sell, and the business opportunity.
If you're an experienced trader you'll already have a good idea of how their products work and you can probably jump ahead.
If you're new to trading and investing, I'll touch on some important concepts and definitions to provide context and clarity into what Auvoria Prime does and how it works.
Trading vs. Investing
Auvoria Prime's products are marketed as a go-to source for all your wealth management tools (according to their website) and while that can be true to an extent, it depends on your definition of wealth management.
If your definition of wealth management includes long-term investments, depending on your strategy, your investment toolbox may go well beyond what's offered here… or by any trading tool for that matter.
Investors pay less attention to charts and “trends” and instead focus on the actual value of a stock based on a company's fundamentals.
They buy and hold, taking advantage of long-term returns through compound interest, dividends, and the company's growth over time.
Traders on the other hand “speculate”.
They are less concerned with what a stock is actually worth and instead analyze “trading signals” to predict its direction in the market.
Similar to gambling, they place a bet, hoping a stock will go up or down, using tools to either manually or automatically predict what might happen.
Traders build wealth through market volatility, rather than compound interest, dividends, or the growth of a company over time.
You can be both an investor and a trader. But trading and investing require different skills and mindsets.
As an Auvoria customer and affiliate, it's important to know the difference because one is much riskier than the other.
Determining what a stock's value is (not to be confused with it's price), and what its value in the future might be, requires more data and analysis than any software can provide.
Active investors follow and predict global economic conditions, advances in technology, and things like geopolitical events that often play out over years and decades.
They analyze a companies assets, revenues, expenses, liabilities, executive roles and so on…
A good investor knows what motivates you. They understand how groups are likely to behave under certain conditions.
They follow competitors and look for disruptive innovations.
These are not the cues Auvoria Prime or day traders typically look at. New innovations or a war breaking out will influence their trades, but only as a reaction to immediate movements in the charts.
They rely on trading signals.
Understanding Trading Signals
Rather than big picture analysis, Auvoria Prime provides access to trading signals.
Of course, traders must be aware of what's going on and shifts in the global economy can effect their trades…
…. but the tools Auvoria sells (as well as its competitors) are limited to analyzing and alerting you to moves in the market that appear as a result of what people are doing and what's going on in the world.
They don't predict if Ford's investment in electric vehicles will take a bite out of Tesla's stock, but they'll alert you if it does.
They won't tell you how Brexit will affect British banks, or how a pipeline between Canada and the US will affect the price of crude. But the impact of those events will ripple through the market and currencies, and will appear in the trades people make.
Those trades show up as trading signals, and Auvoria Prime's products such as Alexander and Ainstein analyze those signals to identify trends as they relate to foreign currencies, providing insight so you can make better trades.
But trading at home with your own money is a lot different than trading on Wall Street.
You've seen Wall Street on the news and in the movies, the highspeed adrenalin rush of Vin Diesel and Leonardo Dicaprio types wearing expensive suits, making big moves and chasing highs, always on the edge.
But there's a massive difference between a Wall Street trader and you, the retail trader.
Wall Street traders are not trading their own money. They are brokers trading other people's money.
Betting your own money based on trading signals is a completely different game. And that old saying is true here; if it were easy, everyone would be doing it.
AI Trading Bots
Analyzing and interpreting trading signals manually is hard. Microseconds matter because you're reacting to what other traders are doing.
Trading signals are not static. They are changing in real-time, constantly reacting.
To make matters worse, the pros are using powerful hardware and AI-trained software called trading bots.
In fact, in high-frequency trading, the speed at which trades are made is so fast that large investment firms pay millions just to get their servers closer to the exchanges. Speed and bot intelligence matter.
Retail traders have access to the same signals as Wall Street traders, but they don't have access to the same levels of AI and deep learning bots Wall Street does. Algorithms that analyze those signals in ways humans can't.
Fortunately, Auvoria doesn't compete with high-frequency traders. The kind who need servers close to Wall Street. Their AI doesn't have to be that advanced…
… but it does have to work.
Do Auvoria Prime's Trading Bots Work?
I've read claims that range from 2 percent gains to a consistent 20 percent, and even 50 percent.
Few report losses, but that's not realistic. It's fair to assume someone is underwater.
Returns that range from 50 percent to below zero, if true, would indicate the AI is aggressive and inconsistent, and that the percentages reported have more to do with skill and strategy.
That doesn't mean it's a non-profitable trading bot, it just means you have to learn how to use it. It's not a plug-and-play software that spits out money.
Of course, that's assuming those wild claims are true. If they're not, it's possible Auvoria's AI is relatively reserved, calibrated for modest gains and less risk.
And some of those setting can be adjusted.
There are some raving reviews on their Facebook page.
With relatively few independent sources though, there is some uncertainty, which points to a lack of information about their software and unlike competitive Forex trading robots like Learn2Trade for example, they don't have much of a track record.
As an affiliate, it'll be easier to recommend to others once you've established your own track record.
So, how do you know if Auvoria Prime's bot is profitable?
You don't. At least, not until you use it.
Your best friend could tell you their software is making them truckloads of money, and you'd still need to test it yourself.
And perspective matters.
If someone claims they're consistently getting 20% or higher returns, keep in mind, Warren Buffet's average annual return in the last 35+ years is 17.5%.
Can You Make Money With Auvoria Prime?
Again, it's a two-part question. Making money with their trading tools, and making money as an affiliate.
Everyone starts as a customer using their trading tools…
There are four steps when getting started with Auvoria:
- Start as a customer
- Earn a free subscription with what they call, 3 for free (more on that in a moment)
- Create your story
- Build your legacy by becoming an affiliate
Step 1 – Start Out As a Customer (make your own trades)
As you already know, Auvoria Prime's products help you trade in foreign exchange markets (FOREX), exchanging currencies against one another to hopefully come out on the other end with a profit.
I'll discuss their product line and the start-up costs in a moment and if you're an experienced trader, you can probably skip this part and scroll down to the pricing tables below.
If you're just getting started though, and wondering if you can make hundreds of dollars a day trading in FOREX markets, keep reading…
The Reality of FOREX Trading
I've spent many hours combing through message boards and forums searching for legitimate proof that people are actually earning significant money trading currencies.
Not only with Auvoria, but with FOREX in general.
Of course, there's no “real” proof online. Anyone can lie or post fake statements.
I'm also not referring to the kinds of claims made by “expert traders” sitting on their boats in the sun while advertising their “free webinar” on YouTube.
Those guys could lose money hand over fist and they'll still tell you they're swimming in pools of dollar bills.
What I'm talking about are genuine conversations among experts in forums where they are quick to call out bullshitters.
Even then you can't be certain. You never know who's telling the truth. Cognitive bias is powerful and some are probably lying to themselves too.
I'm sure there are ninja traders out there with IQs off the chart. GrandMasters who see the market like Neo sees The Matrix.
But how many of those people are popping into message boards to brag? How many are running YouTube ads and selling courses?
So, it's hard to take any of these claims seriously. Extended runs of 50 percent or better? Ten to twenty percent month after month after month, like clockwork, never having a bad one. 🙄
Call me a skeptic.
I'm not saying they're not real, or that you can never making money like that with FOREX, but it's the exception, not the rule.
You'll find many comments similar to this…
Here's a Redditor who claims they have at least two friends (aka cash printing machines) who both crush the market. If those numbers were true, Wall Street investors would cashout immediately and give them their billions to trade with.
You'll find others who say they made loads of money in a very short period of time, but lost it all just as fast…
This is a likely scenario. The bigger the gains, the higher the risk. Anyone lucky enough to win big is destined to lose big sooner or later.
The most common claims with regards to FOREX gains seem to be modest, in the range of two and three percent after months and years of trial and error. Countless hours in the charts.
After reading hundreds (if not thousands) of messages on these boards though, this one stood out the most. It puts trading into perspective.
Is it realistic for new traders with relatively little experience to do as well as groups of mathematicians with elite software engineers and unlimited resources who eat, sleep, and breath trading?
Even the many interviews I watched on YouTube with successful Forex traders, are people who've been doing it for years. They've tracked their progress in journals, went through long periods of losses and have established multiple strategies that change with the times.
You can't pick up a basketball for the first time and think you're good enough to play in the NBA.
There's a reason Auvoria, or any competing product for that matter comes with a disclaimer. Trading in foreign exchanges (FOREX) and stock markets is risky, and it's not easy.
All of them will (and do) tell you… not to invest money you cannot afford to lose.
So, can you make money with Auvoria Prime?
Sure, it's possible. But will you make money with Auvoria Prime?
I have absolutely no idea, nor do they.
I hope you do, and Auvoria hopes you do. They want to help you make money, it helps them make more money. But there are no guarantees…
… which is why they say you should not invest money you cannot afford to lose.
Auvoria is extremely generous with their disclaimer. It appears on every video I've watched so far, and it's read aloud. They're obviously not taking any chances.
While we're looking at disclosures, here's their income disclosure for affiliate's as well…
Trading seems to be the hot make-money trend right now, and with it come the “gurus”, the scams, and the get-rich-quick schemes.
If you have the money, trading can be a lot of fun.
It's entertaining, like a game with the potential of making money. As far as entertainment goes, there are worse ways you can spend your money.
You may even get good enough to make it your full-time gig.
If you're getting into it because you're struggling to pay bills and cover your debts though, it's probably a bad idea.
Of course, I can't tell you what you should (or shouldn't) do, but trading with money you don't really have won't be fun and it won't be entertaining.
That doesn't mean you can never become a FOREX trader, it just means that based on your financial situation, now might not the right time.
Auvoria Prime Trading Tools
The current roster of products in the Auvoria Prime Marketplace are:
Ainstein – Adjustable settings for international traders who want more manual control over their trades
Alexander– Adjustable settings for US traders who want more manual control over their trades
Gearbox – For beginner and casual traders who want some customizable options
Veribull – Intermediate and advanced users who trade with patient and reliable strategies
NEO The Legend – Beginner to Advanced traders with a mix of short and long-term strategies
AIRO – Indicator tool for beginners, intermediate and advanced traders to monitor the markets
AIRIS – Add-on tool for Ainstein and Alexander that uses AI and pattern recognition to alert users of potential opportunities
Hailey – A.I Trend Scalping Trade Software coming soon…
Courses and Education
AP Academy – FOREX education program (comes with AIRIS)
Auvoria Prime Pricing
Auvoria Prime products are subscription-based.
Each subscription is called an Access Pass, and depending on the package you subscribe to, you can select one to four tools of your choice from the Auvoria Prime Marketplace and switch them out on a weekly basis if you like.
|Bronze Access Pass||Price||Discount (vs. monthly payments)|
⭐ Choose ONE active software product per week
|Silver Access Pass||Price||Discount (vs. Monthly payments)|
⭐⭐ Choose two active software products per week
|Gold Access Pass||Price||Discount (vs. Monthly payments)|
⭐⭐⭐ Choose three active software products per week
|Platinum Access Pass||Price||Discount (vs. Monthly payments)|
⭐⭐⭐⭐ Choose four active software products per week
|AIRIS (add on)||Price||Discount (vs. Monthly payments)|
Your subscription has a 7-day grace period. If you don't resubscribe, you will have access to the tools up to 7 days after your rebill date. There is also a 7-day refund period.
Each access pass comes with a $20 VPS to trade in the cloud and a one-time activation fee of $80.
Step 2 – Earn a Free Subscription with 3 for Free
You subscription is free if you refer three customers to the same package you have.
3 for free… easy enough.
To qualify for this program,
- You must be a customer, not an affiliate.
- If one or more of your three referrals qualify for their own 3 for free subscription, you must acquire another customer.
Step 3 – Create Your Story
Define your story. Why are you doing this? Where do you see yourself going with this opportunity?
Maybe it's just pie-in-the-sky positivity if you're only checking out the products, but if you plan to become an affiliate, this step will have more meaning.
Step 4 – Build Your Legacy by Becoming an Affiliate
To be clear, I'm not recommending Auvoria Prime one way or the other. I'm also NOT an affiliate.
For some people, Auvoria will be the right opportunity at the right time and for others, it won't. That's okay.
Whether it's right for you, only you know.
Auvoria affiliate upgrade starts at $10/month (plus your access pass package), you can earn weekly commissions by recommending and recruiting people into your downline, and then teaching them to do the same.
Like all MLM's, your upline is committed to helping you succeed and Auvoria has training programs and experts you can reach out to.
Auvoria Prime Compensation Plan
Auvoria Prime's compensation plan is based on achieving progressively higher ranks that correspond with the number of people in your downline.
Below is a table that outlines each level, the number of people/access points required, and the weekly residual payouts.
Note: the number of people/access points required per level may vary slightly depending on the mix of affiliates you have in each leg, and which package they sign up for:
- Bronze (1 access point)
- Silver (2 access points)
- Gold (3 access points)
- Platinum (4 access points)
Your referrals/access points are divided up into three legs in what Auvoria calls 3-3-3…
(Get 3 >> Help 3 >> Teach 3)
|Rank||# of People/Access Points (+/-)||Weekly Residuals|
* The Auvoria Prime Compensation Structure may change without notice, please check with them for updates
To qualify, a minimum of 1 access point must come from each leg of your downline.
No more than 40% of your group points (GV) can come from a single leg.
There are four bonuses you can qualify for as an affiliate in addition to the Legacy Rewards program outlined above which pays weekly residuals.
Direct Sales Bonus
Earn $40 for when you enroll someone who purchases lifetime access to the AP Academy at full price ($80).
You must be an affiliate to qualify.
The Booster Bonus is designed to help you grow your business. For every two people you enroll during a single week, you are given a 14-Day Access Pass ($50 value) that you can give out to prospective customers so they can try out the product for free.
Rising Start Bonus
The Rising Star Bonus is for new affiliates who enroll 4 customers with an Access Pass within 60 days.
You must have 21 points in three legs/lanes and keep them for at least 4 weeks.
In addition to a Rising Star Pendant, it pays out $125 and comes with trainings exclusive to rising stars.
Momentum Builder Bonus
For every new customer who purchases a lifetime pass to the AP Academy, $20 is put into what's called the Momentum Builder Pool.
At the end of the week, the bonus point value is determined by adding up the total money in the pool from all of the affiliates and dividing it by the total points earned.
Your bonus is the “point value” multiplied by the number of points you earned.
As MLM compensation plans go, Auvoria Prime's is relatively is relatively simple. Particularly their Legacy Rewards program.
It still takes some effort to wrap your head around, but it's a lot easier than many other MLM's I've reviewed.
Auvoria Prime Reviews and Complaints
If I'm being honest, I can't say I trust all the Auvoria Prime consumer reviews. On TrustPilot, they currently have a 4.8 out of 5 rating based on 72 reviews which seems a little high.
Especially because those reviews are clustered over the last 3 days.
That doesn't mean they're fake. They could be from real people who are happy with Auvoria Prime and their products, but the frequency and consistency of 5-star reviews all arriving within three days is not natural.
I'm not judging. Whether it's an online course, a car dealership, or a real estate agent… asking for an online review is common and that would explain the cluster.
On the other hand, there seems to be a lot of individual reviews at the other end of the spectrum, making scam accusations against Auvoria Prime. Accusations that are not necessarily unreasonable given the circumstances.
As I mentioned earlier in this review, these are based on past associations with companies like the ponzi scheme Onecoin and Eaconomy, which Chief Network Officer Sal Leto was involved in.
Eaconomy was founded by Hassan Mahmoud, the co-founder of SilverStar Live which sold similar trading software and was charged by the Commodity Futures Trading Commission for $75,000.
Also coming to Auvoria from Eaconomy, are Auvoria Prime's Chief Technology Officer (CTO) Bill Wyne and Chief Financial Officer (CFO) Joshua Phair.
Going back further Bill Wyne and Sal Leto were supposedly involved with another company called Ipro Network which was sued by the SEC for being an illegal pyramid scheme.
I say supposedly because there are several articles stating Sal Leto's involvement, but I could not find any independent sources to verify that.
I also don't know at what level Bill Wyne was involved, other than being a team leader (image below) during a time when Ipro Network was seemingly operating legitimately.
In other words, there is no evidence Bill Wynn or Sal Leto were aware of, or would have condoned any wrongdoing by Ipro Network's. It's an easy conclusion to come to, but as I mentioned earlier, that doesn't mean it's true.
Involved in another direct selling Forex company that went out of business is Auvoria Prime's Director of Compliance, Mariska Van De Langenberg, who cofounded another company with a checkered past called 5 Star Signals.
Her co-founder, Head Analyst Dean Black... according to Mariska Van De Langenberg, lost over $180,000 in commissions owed to 5 Star Signals affiliates.
So, it's true Auvoria has some shady associations and admittedly, this web of schemes doesn't come off looking very good, however…
… from all my research into Auvoria Prime as it stands on its own, independent of those associations, I haven't found anything that would justify a negative review in my opinion. At least not at this time.
Also, to the best of my knowledge, there's no evidence of bad intent or illegal activity by Auvoria's management.
I'm not saying the negative reviews are wrong, but right now, I think jumping to bad conclusions is too soon. The SEC, FTC and other regulating bodies haven't.
So as much as I'm not a fan of MLM's, Auvoria Prime may prove to be a good one.
What I Like About Auvoria Prime
- Digital products, which means you don't have inventory, no shipping and receiving, no direct invoicing, no defects, lost shipments etc.
- A lot of training, support, and resources with members sharing their trading strategies.
- Relatively simple compensation plan when compared to other multi-level-marketing companies.
- Low start-up costs relative to other MLM's
What I Don't Like
- Recruiting. For most people (myself included) It's the worst part of a multi-level-marketing business, and it's the reason most people fail.
- Your business never really belongs to you. It's at the mercy of the company, dependent on their products and pricing, their rules, regulations and policies. If you leave for any reason, you leave the organization you built behind as well.
- Rational or not, Auvoria's connections to similar companies that have gone out of business casts doubt on their longetivity.
- Detailed information and track record regarding their AI trading bot is lacking.
- Product subscriptions are significantly higher than competitors, and to consistently break-even and overcome the subscription fees would require a decent amount of investment capital.
Where Do You Go From Here?
Passive income, freedom, generational wealth; they all sound good. Especially if you're stuck in a job you hate and you're desperate for a way to out. I've been there.
No one wants to be controlled by someone else, and MLM's tap into angst beautifully. They don't sell products. Not really…
They sell dreams. They sell lifestyles.
With Auvoria Prime, you get a double dose.
Not only do they sell lifestyle through their affiliate program, but through their trading software as well, which also comes with an implied promise they'll help you achieve some sort of freedom.
For some people, that'll probably be true. And it may be true for you.
But succeeding in MLM's requires an uncommon charisma and unique sales skills. The relentless ability to handle rejection after rejection.
If you're young and don't yet have a lot of time and financial responsibilities, it can be a good way to acquire those skills.
Statistically though, the deck is stacked against you with an estimated 99% of people who get involved with MLM's losing money.
Look, my instinct says run away as fast you can, but it would be unfair. That's just my disdain for MLM's talking, and what's right for me, might not be right for you.
My experience doesn't have to be your experience, and who am I to say what the best gig or side hustle is for you?
What I've seen so far at Auvoria are supportive leaders and affiliates, and if entrepreneurship interests you, if Forex trading interests you, it may be the place to get started.
I hope my Auvoria Prime review has been helpful and if you have any comments, questions or experience with Auvoria, please share in the comments section below.