Are you looking for a Aurora Prime review? But you may wonder if it is a scam.
It is possible that a member of your social circle suggested that you join Auvoria Prime. Perhaps you happened to come across an ad promising risk-free investments and steady passive income.
However, you understand that things are not quite that simple. You have no idea if Auvoria Prime is reputable or if it is a pyramid scheme.
This report will shed light on who Auvoria Prime is, what they do and how they operate. I will also address sensitive issues, such as pending lawsuits against Auvoria and suspicious connections with other companies that have also broken the law.
As a disclaimer, I’m not affiliated with Auvoria Prime. It means I’m not paid to write this review. So you can rest assured that you will get an honest and unbiased review from me.
At the end of this review, I’ll also tell you the best alternative to Auvoria Prime that has enabled me to make a full-time passive income online.
What is Auvoria Prime?
For those interested in the foreign exchange markets (FOREX), Auvoria Prime is a multi-level marketing (MLM) company that offers a variety of services related to trading strategies (e.g., signals, alerts, research, analysis, and tools).
Because it is a financial news and information publication, the company is exempt from the registration requirements of SEC and the US Securities Investment Advisors Act.
To reiterate, Auvoria Prime does not act as your financial advisor, broker, dealer or fiduciary, nor does it manage your money. Auvoria Prime simply provides general financial advice that is suitable for everyone.
You can make informed trading and investment decisions with the trading tools they provide.
As a private client, you have access to all of Auvoria Prime’s resources, but they also offer multi-tiered business potential and compensation programs.
Is Auvoria Prime a Scam or Legit?
As a company, Auvoria Prime operates in not one, but two fraud-intensive markets: Computerized trading platforms and multi-level marketing models.
The situation is complicated by the fact that some people believe Auvoria Prime is a scam because the company allegedly has ties to defunct multi-level marketing companies (MLMs) in the trade and income industry.
It is true that several members of Auvoria’s management team have ties to known scammers like OneCoin and iPro Network, and that does not seem to be a good thing.
To cite just one example: A co-founder of OneCoin has pleaded guilty for his role in a multi-billion dollar fraud and faces up to 90 years in prison.
Perhaps the fact that he was fired on March 13, 2020 makes things seem better, but the fact that Auvoria Prime’s Chief Network Officer, Sal Leto, previously worked at OneCoin is still relevant. The connections between these ideas aren’t trivial.
But what’s missing from the fraud allegations, at least the ones I’ve seen, are any connections between the defendants and the people who founded Auvoria.
Just because someone is a member or partner of those companies doesn’t mean they were involved in or knew about the larger fraud.
People believe that Auvoria’s management, along with the management of two other financial MLMs (Eaconomy and SilverStar Live), knew about and helped perpetuate the fraud within those companies.
This conclusion makes sense (I’m tempted to think so myself)… but that doesn’t mean it’s necessarily true.
It’s possible, and it doesn’t mean it’s not real, but I think it’s pure speculation to say they’re a fraud because of the way you put the pieces together. Not that I think they’re real, but I don’t see any red flags either.
Auvoria Prime could give its leadership an opportunity to correct the mistakes that were made when the companies were created.
The other, perhaps more serious, allegation is that Auvoria is engaging in securities fraud, and this has sparked a lively discussion in the online community.
I am not an expert in the field of securities or securities fraud, so please do not take my words as advice on investing on Auvoria Prime’s platform (nor am I offering any investment advice).
As far as I know, Auvoria Prime is not involved in securities fraud as it does not sell securities. The only type of business registration they have is as an issuer.
Your mutual funds are never managed by them, and they never invest on your behalf. They only make money when you buy and use their product.
As far as I know (which may be wrong), selling securities is a prerequisite for securities fraud.
If you are looking for a brokerage account or investment platform along the lines of Robinhood or Webull, you should look elsewhere; Auvoria is not it.
It is also not an “auto-trading” program, which means you must manually enter all suggested trades OK.
Trading signals, analysis, alerts, etc. are just some of the tools that can be accessed with the software. However, all trades will be handled manually by you through a broker of your choice.
Please share any counter-arguments or further information about Auvoria that you have in the comments section. Anyone reading this could benefit from your wisdom.
Auvoria Prime’s Products
1. Ainstein Package – $267/Month
At $267/month or $3,204/year, that’s not cheap.
Is it just me, or does the fact that this product is named after a well-known scientist indicate that the buyer will be an intellectual?
Unfortunately, the Ainstein package is only available in certain countries outside the United States. I mean, really!
Why not offer it in the United States, where the economy is one of the most active in the world? This should be a warning sign, as it indicates that they are trying to circumvent security measures.
2. Airis Package – $39/Month
Makes bold claims about the ability to spot upcoming market breakouts using forex charts and AI.
3. Alexander Package – $267/Month
Promising to identify and exploit changes in consumer tastes.
No evidence of the bot’s effectiveness or even an explanation of how the AI algorithm works is provided.
When you spend so much money, you expect results, and if they fail to materialize, you’ve wasted your money on useless devices. If you lose money, that’s too bad, because you were warned in advance that there would be no refunds.
In my opinion, they’re just trying to get as much money out of the target as possible and then get out of the responsibility when the strategy backfires.
Is Auvoria Prime a Pyramid Scheme?
Please listen to me. Being somewhat biassed, I’ve to say that I don’t like this way of doing business.
When I say “multi-level marketing” I mean both legitimate and illegitimate “pyramid schemes”
Even listening to their webinars and AP (Auvoria Prime) calls made me feel uncomfortable because they brought back bad memories of my own time in multi-level marketing systems.
“Building freedom” and “living the dream” are common phrases. This is reflected in the language they use in their partner trainings, which includes terms like “generational wealth” and “legacy”
I don’t object to MLMs often using materials designed to help people improve themselves and their motivation. During my time at Amway in the 90s, I developed a serious addiction to self-help books and tapes that I haven’t been able to shake since.
However, these presentations and what I call recruitment meetings make me cringe when I think of my time at Amway and a later insurance MLM.
Presentations are something I’ve done and seen countless times.
My own experiences with MLMs have left me with a strong dislike for them.
That doesn’t mean they won’t work for you, and it certainly doesn’t mean that every multi-level marketing company is a pyramid scheme. At the very least, not all pyramid scams are illegal.
In my view, something resembles a Ponzi scheme if it requires people to invest time and effort to bring others into the company to make money for the company’s executives. Whether it’s against the law or not.
The presence or absence of a real product makes the difference between legal and illegal Ponzi schemes. A product that can be sold at retail and make money regardless of market conditions is called “retail potential”
It is definitely a Ponzi scheme or a cash gift scam if there is no actual product.
It is probably a Ponzi scheme if there is a product, but that product has no function other than to add to the pyramid itself.
In fact, none of these designations apply to Auvoria Prime.
There are indeed marketable goods that can be purchased from Auvoria Prime, and I will describe them in more detail below.
That is, even if you are not interested in the business opportunity, you can buy the items and use them as a retail customer.
Similar to other reputable MLMs, they require their members to have a certain number of “exclusive customers” that are not part of the affiliate program.
It’s no secret that the real money is in recruitment, which is why MLMs always balance the two.
Affiliates and members put a lot more effort into growing their downline than they do into a retail business that does not offer passive income or scalability.
Many companies make the mistake of crossing this line, leading to an investigation and eventual closure by the FTC.
However, there is currently no evidence to suggest that Auvoria Prime qualifies as such. Currently, it is not a pyramid scheme, but a legal MLM organization.
Auvoria Prime Lawsuit
There has been a discussion, similar to the one elsewhere on the Internet about Auvoria, about a lawsuit and whether or not it casts doubt on the veracity of Auvoria Prime.
The case is EACONOMY, LLC, a Delaware limited liability company (plaintiff) v. AUVORIA PRIME, LLC (defendant), in which the former alleges that the latter misappropriated trade secrets without its permission or knowledge (a violation of the Uniform Trade Secret Act, or UTSA).
The allegations that Auvoria is a fraud have nothing to do with this litigation. It is about key former Eaconomy members who defected to form a competing company.
Immediately after Eaconomy filed the trade secret lawsuit, the court issued a temporary restraining order (TRO) barring defendants Auvoria Prime and Chief Network Officer Sal Leto from soliciting certain Eaconomy distributors.
Under the TRO, neither Auvoria Prime nor Sal Leto may knowingly recruit, sponsor, or solicit any current Eaconomy distributor or customer to join Auvoria Prime (as a distributor or customer).
Catalina Naranjo, an independent representative of Auvoria Prime, was accused by Eaconomy of violating the injunction by soliciting, sponsoring, or otherwise approaching a distributor of Eaconomy. Eaconomy alleged that Auvoria Prime directed or acted in active concert with Naranjo to do so.
Eaconomy and Auvoria apparently reached a settlement in December 2020, although the terms of the agreement were not made public. Unfortunately, I could not confirm this based on the source material.
I am also not sure if Sal Leto is still committed to Auvoria Prime or if he’s just playing a lower profile. Also, Sal Leto’s LinkedIn page does not currently list Auvoria Prime, and the website only mentions him in articles and webinars that took place in early 2020.
Even on the leadership team slide of the recent AP Discover Call I attended, his name was not mentioned.
Whatever the case, he was between Auvoria Prime and another company in which Sal Leto was involved, and he seems to have been a cause for some concern.
However, this had nothing to do with the legality of Auvoria Prime.
Who Runs the Auvoria Prime?
Investigating the management of a company can help you determine whether or not it is reputable.
It is encouraging when the leadership of a company can be easily traced to a single person.
Unlike FBS, Auvoria Prime publishes a list of its trainers and leaders.
Under each photo are social media profiles, including Facebook and Linkedin links, so you know they are not actors.
That said, let us take a look at a few of these individuals.
Let us use Sal Leto as an example:
The Ponzi scam that Sal Leto was involved in caused investors to lose around $4 billion.
The name “Oncecoin” was used for this Ponzi scheme.
Although OneCoin was illegally advertised in the United States, Oncecoin has far more serious legal issues, about which you can find a wealth of information on Wikipedia.
But that’s not all.
After OnceCoin was unsuccessful, Sal formed a new company, iPro Network. The SEC filed a lawsuit against this company for nearly $26 million.
Does the name “Eaconomy,” a company we have talked about before, sound familiar?
In fact, Sal Leto held the position of vice president of operations.
Let us take a look at somebody else: Mr. Phair, Joshua. He was a consultant for “Eaconomy” in 2019.
Bill Wynne, meanwhile, is the chief technology officer of Auvoria Prime. That is not a coincidence, I assure you.
These folks have decided to create a new company, but it will operate for the same fundamental reasons.
Given their history, Auvoria Prime will ultimately fail.
Despite the short-term success of some of their members, I find that this information is enough to keep me away from this company.
How Does Auvoria Prime Work?
As you may know, the products sold by Auvoria Prime are just one of two ways that prospects can make money through this company.
If you are an experienced trader, you will already have a solid understanding of how the products work, so you can move right along.
To give you some background on trading and investing and help you understand what Auvoria Prime is and how it works, I’ll define some key terms.
Trading vs. Investing
According to Auvoria Prime’s website, their products are “the one-stop shop for all your wealth management solutions,” but whether this is actually true depends on how you define wealth management.
If you consider long-term investing to be part of wealth management, the investment options shown here- or those of any trading instrument – may not be enough.
Stock fundamentals, as opposed to charts and “trends,” are increasingly the focus of investors’ attention.
They want to hold the investment over a longer period of time and benefit from compound interest, dividends and the growth of the company.
Conversely, traders engage in “speculation”
Instead of focusing on the intrinsic value of a stock, they look to “trading signals” to predict future performance.
Like gambling, they bet on whether a stock’s price will rise or fall, and use a variety of methods to try to predict that development.
Not compound interest, dividends or the gradual expansion of a company, but stock market fluctuations are the means by which traders amass a fortune.
Both investing and trading are viable career options. However, there is a significant difference between trading and investing.
It is important that you, as a client or partner of Auvoria, understand the difference between the two, because one carries far more dangers than the other.
Determining the value (not the price) of a stock and its potential value in the future requires more information and analysis than can be provided by software.
To make accurate long-term predictions, active investors monitor and analyze factors such as the global economy, technological developments and geopolitical events.
They look at things like assets, revenues, expenses, liabilities, executive responsibilities and more to determine how successful a company is likely to be.
In other words, a smart investor can read your mind. Therefore, they can predict how a corporation will perform in a given scenario.
They watch competing companies to identify potentially groundbreaking developments.
Auvoria Prime and day traders do not usually rely on these indicators. The introduction of new technology or the outbreak of war may affect their trading, but only in response to sudden market shifts.
They use signals for their trades.
Understanding Trading Signals
Auvoria Prime does not offer comprehensive market research, but trading signals.
It goes without saying that traders need to stay abreast of current events, as changes in the global economy can have a direct impact on their transactions.
However, the market analysis and alerting capabilities of the tools offered by Auvoria (and its competitors) are limited by human behavior and external factors.
Ford’s investment in electric cars is not expected to have a negative impact on Tesla’s stock price, but you will be notified if it does.
You will not learn how Brexit will affect British banks or how a proposed pipeline between Canada and the United States will affect the cost of crude oil. The market, currencies and people’s transactions will all feel the impact of these events.
Auvoria Prime products, such as Alexander and Ainstein, analyze trading signals to identify patterns in the forex markets, helping you make more informed trades.
However, trading on Wall Street is very different from trading your own money from home.
You have probably heard of Wall Street or seen depictions of it in movies or on TV, with its fast-paced adrenaline rush and images of men in fancy suits like Vin Diesel and Leonardo DiCaprio making enormous bets and chasing the highs.
However, you as a retail trader can learn a lot from the pros on Wall Street.
Wall Street traders do not risk their own capital. They trade as brokers with other people’s money.
Using trading signals to risk their own money is a whole different ball game. The old adage that anyone would do it if it were easy is true in this case.
Can You Make Money With Auvoria Prime?
It’s a two-part question again. Making money as a partner and making money with their trading tools.
If you are using Auvoria for the first time, you need to take four steps:
- Start as a customer.
- Earn a free subscription with the “3 for free” offer (more on that soon)
- Invent your own story.
- Create a legacy by becoming a partner.
Step 1 – Start Out As a Customer (make your own trades)
As you may know, the goods offered by Auvoria Prime can be used to facilitate participation in the FOREX market, where currencies are bought and sold in the hope of making a profit.
If you’re an experienced trader who knows what he’s doing, you can skip this section and go directly to the price lists below, where I explain the product range and the initial investment required.
However, if you’re just starting out and want to know if you can make hundreds of dollars a day trading on the FOREX markets, read on…
Step 2 – Earn a Free Subscription with 3 for Free
If you recruit three new customers who sign up for the same rate as you, your subscription is on the house.
To participate in this programme,
- You need to be a customer, not a partner.
- You must gain another customer if one or more of your three referrals qualify for their own three-month free subscription.
Step 3 – Create Your Story
Clarify your narrative. Justify your actions. I’m curious what you hope to accomplish with this opportunity.
If you’re just browsing the store, it may seem like wishful thinking, but if you intend to become a partner, it’s more substance.
Step 4 – Build Your Legacy by Becoming an Affiliate
Please understand that I am neither for nor against Auvoria Prime. I am also not a partner.
Auvoria will provide the perfect opportunity at the perfect time for some, but not for others. To each his own.
Only you can decide if it is the best choice for you.
With the Auvoria Affiliate Upgrade, which starts at $10/month (plus your access pass package), you can earn weekly commissions by referring and recruiting new members into your downline and teaching them how to do the same.
Auvoria, like any other MLM, offers training programs and professionals you can ask for help, and your upline is committed to your success.
Auvoria Prime Pricing
Subscriptions are required to access Auvoria Prime content. Each membership is referred to as an “Access Pass” and users can subscribe to between one and four tools weekly on the Auvoria Prime Marketplace.
Auvoria Prime Trading Tools
These are the goods currently available for purchase on the Auvoria Prime Marketplace:
Ainstein – Customizable options for those who trade internationally and prefer a more hands-on approach.
Alexander – Customised options for investors in the United States who prefer a more hands-on approach to their transactions.
Gearbox – For rare or inexperienced traders who would benefit from a few adjustable settings
Veribull – Traders with some experience, practicing patience and consistency.
NEO The Legend – traders of all skill levels using both short and long term tactics
AIRO –Market watch indicator for beginners, professionals and everyone in between.
AIRIS – Artificial intelligence and pattern recognition based opportunity detection add-on for Ainstein and Alexander.
Hailey – A.I Trend Scalping Trade Software
Auvoria Prime Compensation Plan
Rank advancement in Auvoria Prime’s compensation structure is directly related to the size of one’s downline.
Below is a table that lists the different tiers, the required number of people or access points, and the weekly remaining compensation.
Note that the minimum number of users/access points per level may change slightly, depending on the type of partners in each level and the plans they acquire:
- Bronze (1 access point)
- Silver (2 access points)
- Gold (3 access points)
- Platinum (4 access points)
With what Auvoria calls the “3-3-3” structure, your recommendations/entry points are divided into three different channels.
Each of your downline levels must provide at least one entry point for you to be eligible.
You cannot receive more than 40% of your GV from just one tier.
Auvoria Prime Bonuses
In addition to the weekly residuals offered by the Legacy Rewards program, affiliates have the opportunity to earn one of four additional bonuses.
Direct Sales Bonus
If you recruit a student who later pays $80 for permanent admission to AP Academy, you will receive $40.
You must be an affiliate to participate.
The purpose of the Booster Bonus is to support the development of your business. You will get a 14-day access pass (worth $50) that you can distribute to potential customers to test the product for free, for every two people you sign up in a single week.
Rising Start Bonus
New affiliates are eligible for the Rising Star Bonus if they refer 4 customers who purchase an Access Pass within the first 60 days of the affiliate programme launch.
They must earn 21 points on three routes/levels for at least four weeks.
The payout is $125 and includes exclusive training for Rising Stars only and a Rising Star trailer.
Momentum Builder Bonus
When a new client purchases a lifetime membership to AP Academy, $20 goes into a fund, the Momentum Builder Pool.
The value of the bonus points is calculated at the end of each week by dividing the total amount that all affiliates have contributed to the pool.
Multiply the “point value” by the total number of points and you get your bonus.
Auvoria Prime has a straightforward compensation structure, even by MLM standards. This is especially true of the Legacy Rewards program.
Although it requires some thought, it’s simpler than most MLMs I have looked at.
Pros of Auvoria Prime
- Digital products eliminate warehousing, shipping and receiving, direct invoicing, defects, missed deliveries and so on.
- There are many trainings, support and tools, and members share their trading methods.
- Compared to other multi-level marketing organizations, the compensation system is quite simple.
- Low start-up costs compared to other MLMs
Cons of Auvoria Prime
- Recruitment. For most people (myself included), this is the worst component of a multi-level marketing business, and it’s why most people fail.
- Your business is never really yours. It’s at the mercy of the company, dependent on their products and prices, as well as their laws, regulations and policies. If you leave for any reason, you leave behind the company you started.
- Rational or not, Auvoria’s ties to other companies that have gone bankrupt cast doubt on their long-term viability.
- There is a lack of detailed information and track record on their AI trading bot.
- Product subscriptions are significantly more expensive than competitors, and a significant financial effort would be required to regularly break even and overcome subscription fees.
Auvoria Prime Review: Final Verdict
Things like passive income, financial independence, and the ability to leave a fortune to future generations sound enticing. Especially if you are hopelessly stuck in a job you loathe and can not see a way out.
MLMs are effective because they play on people’s reluctance to relinquish control of their lives to others. The products are not for sale. Not really…
They are endeavours that they peddle. They are marketing an entire way of life.
Not only is their affiliate network promoting a way of life, but so is their trading software, with the added promise that both will put you on the path to financial independence.
That may be the case for some readers. In your case, it might even be true.
MLMs are a lucrative business opportunity, but you need charisma and sales skills to make it work. The tenacity to persevere despite repeated setbacks.
It’s a great way to learn these things when you’re young and don’t yet have many commitments that take up your time or money.
Still, the odds are against you because an estimated 99% of MLM participants end up losing money.
My feeling is that I should advise you to get out of there as soon as possible, but that would not be fair. What is right for me may not be right for you, and my dislike of MLMs is just my opinion.
However, you will need to invest money in the company at the beginning.
Maybe you are a full-time student or a stay-at-home parent who is just having a hard time making ends meet.
If that’s the case, starting an online business could provide the extra income or exit strategy you need.
Best Alternative of Auvoria Prime to Make Passive Income
If you want to make a stable and secure stream of passive income, I would suggest you start an affiliate marketing business online.
Affiliate Marketing is perfect for anyone who is new to online business.
In fact, of all the online business models I’ve tried, affiliate marketing is the easiest and most rewarding so far.
In affiliate marketing, you can actually run your business almost with zero cost and achieve a steady and sustainable passive income to pay for your bills. You don’t need any initial capital and can even do it as a side hustle.
And if you really want to learn affiliate marketing and build a business from scratch, I’d recommend you to get started with the most reputable platform for affiliate marketing: Wealthy Affiliate.
Wealthy Affiliate is an all-in-one platform for building your affiliate marketing business from scratch. It offers you a free account (including a free website) with comprehensive training on SEO (free traffic methods), which enables you to get started with affiliate marketing right away without paying a penny.
But How Much Can You Earn with Wealthy Affiliate?
A 21-year old student from Wealthy Affiliate was able to earn $7,395 in just 1 week, which means he made more than $1k a day…all while using free traffic methods.
Wealthy Affiliate has existed for 15 years and there are many success stories in the past decade.
To give you more examples, here are some of the other inspiring success stories of Wealthy Affiliate members.
Where to Join Wealthy Affiliate?
Wealthy Affiliate has a very simple pricing scheme. It has free and premium membership.
If you want to feel about Wealthy Affiliate, you can sign up for the free starter membership here (no credit card required). You can select to be a free member with no time limit.
And as a starter member, you can get instant access to the community, live chat, over 500 training modules, 2 classrooms, networking, commenting, 1 free website, access to the keyword tool.
You can enjoy all these values without paying a penny.
So I strongly recommend you to register a free account and see it yourself.