Vitaxel Review

Vitaxel Review

 

Welcome to the Vitaxel Review!

If you have been paying attention lately, you will notice that Vitaxel has been receiving a lot of hype.   And since it is new, it is getting a lot of attention and buzz.

If you are in an online business, be sure someone will try to push it on you at one point.

In fact, many network marketers have been trying to sell the opportunity all over the place, including all over social media.

However, with so many multi-level marketing (MLM) companies launching every now and then, it can be hard to establish which ones are legit and which are not.

And therefore, to be sure that your hard-earned cash is in good hands, you need to learn all you can about this company before signing up!

In this Vitaxel review, we present you all the gathered facts regarding Vitaxel in order for you to make a proper decision about it and are in no way promoting or selling Vitaxel.

Read below to find out more…

 

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What is Vitaxel?

 

Vitaxel Review

 

Originally launched in August 2015 in Malaysia, Vitaxel Group Limited is engaged in the direct selling industry, as well as online shopping platform mainly through its operating entities in Malaysia.

Founder Lim Hui Boon together with Leon Yee Ming, who acts as the CEO, currently run Vitaxel.

Mr. Boon was previously the founder of Ho Wah-Genting as well.  Being a global direct selling, MLM (multi-level marketing) company, they have a wide portfolio of business interests that encompass manufacturing, trading, mining, and travel.

They offer travel, entertainment, lifestyle, in addition to other products and services primarily through electronic commerce.

The Company (listed as VXEL and operating under the official name of Vitaxel Group) officially went public on the US stock exchange in February 2016.

This may sound impressive on paper, but everything is not necessarily as awesome as it may seem at first.

The stock which hit the scene at 20 cents per share dropped quickly to little more than 3 cents per share after just one week on the stock market.

Looking at the shares right now, it would appear that they are currently selling for only 1 cent each.

As of September 30, 2016, the company had approximately 5,827 members, with up to 4,131 members in Malaysia and roughly 1,141 members in Singapore.

 

What are the products for Vitaxel?

Taking a look at what the company has to offer for its product line, Vitaxel is working with a very peculiar set-up.

Instead of selling traditional goods or services, they have made the decision to sell a membership subscription which allows subscribers to gain access to the company’s VionMarket.

VionMarket is some kind of e-commerce platform which sells a wide array of merchant products created and manufactured by 3rd-parties.

It is possible to visit the platform without being an affiliate for Vitaxel, however, those who visit the website need to sign up as a member first before they can view and browse the listed products.

VionMarket preferred customer memberships currently cost $15, and this includes 100 VionMarket Points that you can then use to buy products on the online storefront.

The Company offers its members training, which incorporates plan orientation, prospecting and closing skills, personal and leadership development, network management, back-office training, and team-building activities.

Besides, there is also mention of VSpark and VTrips throughout the official website for Vitaxel.

VTrips are listed as “coming soon” while VSpark appears to be some kind of payment processor that Vitaxel is running.  There is no mention of these anywhere on the compensation plan.

 

The Vitaxel Compensation Plan

Speaking of the compensation plan by Vitaxel, affiliates for this company earn money by buying membership packages to VionMarket and by recruiting and sponsoring other affiliates who do the same thing.

There are 3 main packages available to affiliates to invest in:

The Action Package:

Vitaxel Review

The Business Package:

Vitaxel Review

The Career Package:

Vitaxel Review

Buying a more expensive package will allow you to earn more money from your recruits.

Besides, getting your recruits to invest their money in a more expensive package will allow you to earn more as well.

If an affiliate of Vitaxel sponsors a minimum of two package purchasing affiliates in their first 30-days in the company, they will earn a 5 percent recruitment commission bonus from their third-sponsored affiliate and so on.

 

Cost to Join Vitaxel

If you are interested in becoming a Vitaxel affiliate, you will need to invest in any of the 3 packages listed above.

Vitaxel affiliates can choose between the Career, Business, and Action Package, and each one costs $130, $800, and $2000 respectively.

In addition to this cost, all affiliates are subject to a $15 annual fee, which applies after the first year of affiliate’s membership is up.

Each affiliate package comes bundled with boxes of Amalaki supplement, Travel or Redemption Points, and a certain number of VionMarket Points.

The amount an affiliate can potentially earn is affected by which package they purchase.  Choosing to invest in a pricier package will allow one to earn more in the compensation plan.

 

Is Vitaxel A Scam?

From reading above, you could already be thinking that Vitaxel is a scam.  Or you might have heard from a friend that it’s a scam.

So, is there a scam by Vitaxel, or is it legit?

To be honest, Vitaxel is not really a complete scam.  However, be sure to take a look at some red flags highlighted in this Vitaxel review since you should now be aware of them.

 

Final Verdict

Vitaxel has tried really hard to make themselves look like a perfectly legit opportunity with their e-commerce platform.

However, after taking a microscope to what is actually taking place, it does not take too much time to comprehend that Vitaxel is operating as nothing more than a pyramid scheme.

Their entire business model and compensation plan are a complete mess.

Vitaxel strongly recommends affiliates to buy 3 positions when signing up for the compensation plan – the Action, Business, and Career packages.

They appear to be the only items being sold, and affiliates get to earn money by purchasing them and then recruiting other affiliates to do the same thing.

One highly probable case is that Vitaxel is bound to collapse once recruitment activity dies down eventually.

If you are struggling to generate money online and desire to finally succeed with actual tools, training, and mentorship to get you there, then it is advisable to stay as far away from Vitaxel as possible.

 

What Is Recommended (Better Than MLMs)

You must know that there are thousands of work at home programs on the net, but most of them are scams or simply do not work.

I can, however, recommend ONE work at home program that actually works and will allow you to make money from home.

What I really like about this system is the support that you get from the CEO themselves and the fact that you can join for absolutely free (no credit card needed).

This is the same system I use to earn consistent income from the comfort of my home…

 

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Thank you for reading the Vitaxel Review and if you have any questions, comments or concerns, please leave them in the comment section.

I will get back to you within the next 48 hours.

Sincerely,

Jason (founder)
HowToStaySafeOnTheNet.com

20 Responses to Vitaxel Review – Big SCAM or Legit Business?

  1. phat says:

    hello to the foreign brothers. I am Vietnamese. Currently investing in Vitaxel. Listen to Jason talk about MLM is something of Vitaxel? . can you let me know ? thank you.

  2. Joshua Thomas says:

    Thanks for the review Jason. A friend of mine at one point tried out a similar program for travel/leisure but didn’t have a great time with it (he had to buy leads and hope that they’d convert or at least opt to be recruited). I’m always wary of platforms that behave somewhat like MLMs, where you have to buy and resell products, then recruit others in the meantime. I guess Vitaxel tries to seem like it’s not MLM…but it doesn’t take rocket science to figure out it is.

  3. Kurtis Quick says:

    I honestly think all MLM companies are pretty shady. I don’t think any of them are worth trying or signing up too. Do you think your recommended platform is a MLM? I have heard some people say it could be. What do you think? I have read some reviews and I am not sure.

    • Jason says:

      Thanks for your comment, Kurtis.

      I personally do not endorse MLMs at all.

      My personal recommendation is all about the ethical business of affiliate marketing. You can read the full review to see exactly what it is.

      Cheers,
      Jason

  4. Riaz Shah says:

    Hey Jason,

    Wow I’m from Malaysia too and I never knew they existed but I would have expected it as a scam because we do have a number of MLMs popping up here like mushrooms.

    Thanks for taking the time to review this, I would totally watch out for them the next time I see their name!

  5. Greenvee says:

    Very interesting. Had never heard of this and read this out of curiosity. thanks for writing this review. It seems there are always lots of scams out there and it is good to be prepared so one can make up their own mind. I have reposted this as I think it will also be helpful to other people when making up their mind.

    thanks again

  6. FranMcK says:

    Staying safe online is certainly an important topic now more than ever so I really appreciated a website dedicated to this. Vitaxel is not something I had heard of before but now I know more about it I can make an informed decision on the product if I am ever offered it in the future, thanks!

  7. Amar-V says:

    I have seen this doing the rounds lately Jason, so I have to thank you for this post on this Vitaxel review.

    I had previously read snippets of this program before, and I knew that it incorporated the use of a commerce platform or so.

    This very much uses the MLM system for its business, which I’m not too fond of anyway, so thanks for the review Jason.

    Keep up the good work.

  8. Ryan says:

    What’s up, Jason. Thanks for the review
    I think in that as the years go by, MLMs are becoming even less reliable with the number of scam opportunities available and with people becoming more and more sceptical.
    Plus, once the recruitment cycle dies, it’s pretty much game over.
    And don’t get me started on this convoluted compensation plan.
    Do legit programs still exist with an actual product for affiliates to sell?

    • Jason says:

      Legit programs like Amazon, Ebay, Clickbank are out there. Once you get the training how to utilize these outlets, you will have the potential to create a genuine online business.

      Check places like, WA, Affilorama and Internet Jetset for valuable training.

      Thanks for stopping by.

      Jason

  9. Will says:

    I’ve never heard of Vitaxel, but I appreciate the review.

    Before I came across Wealthy Affiliate, I was searching for ways to make money online because I’m getting tired of working traditional jobs.

    It’s not how it use to be back in the day.

    I’m proud to be on Wealthy Affiliate because they teach you what you need to know plus have a community of people that help each other. It’s a great place to be.

  10. jettaranda says:

    This sure sounds like a scam to me. Vitaxel is another MLM I’m thinking? It almost sounds like with their ‘peculiar set up’ that they are doing you a favor, by signing you up to get you to browse their merchants. To me, that doesn’t sound very legit at all. Thanks for the great review, very thorough and detailed

    • Jason says:

      Vitaxel is an MLM company. I would not say they are a complete scam, however, I did point out some red flags which you should be aware of.

      Thanks for sharing your views on the Vitaxel review.

  11. Peter says:

    The name changes, the product changes but the MLM business model never changes. If you recruit and upgrade your package you make more.
    I really hate the fact you have to recruit people and than call it a business. It’s not your business. Wouldn’t you agree?
    Thanks for the heads up on another bogus MLM. I will just sit this one out as always. Well done review, I really enjoyed it.

    • Jason says:

      You are absolutely right on, Peter. MLMs are not really a business model to be proud of.

      I prefer to see people being in control and that is why affiliate marketing is the ONLY model I follow as it relates to creating a business online.

      Thanks for your comment.

  12. Gary says:

    Thanks for uncovering this lousy pyramid scheme. As I was reading your article about Vitaxel, I realized it offers nothing of value. I have to wonder how many people have wasted time and money on this scam?

    The internet has given us a lot of amazing things, but it has also brought the worst of our species into our home.

    • Jason says:

      Hey, Gary,

      It’s true that most of these MLMs are actually shady pyramid schemes where only a few people make money while the majority fails.

      Surely not the best business to be involved in.

      Thanks for passing through to leave a comment.

  13. Levi says:

    Hi Jason,

    Thanks for the great article, I’m really enjoying your website the last time. I didn’t know about Vitaxel, but I don’t think I’m going to use it neither. According to your review I guess there are better programs on the net. That said, I checked on Wealthy Affiliate (your #1) recommended and its pretty cool over there!

    Keep up the good work,

    Levi

    • Jason says:

      Hi, Levi,

      Thanks for checking out my review of Vitaxel and glad to know that you found it useful.

      Best,
      Jason

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