MoneyPlus is a brand new medium to long term program which is very attractive now. I joined in MoneyPlus on day 1 itself and invested 50$ in 240 days plan. So far, I have been testing and understanding the site functionality to give a detailed review. MoneyPlus has lot of good qualities like Custom script, dedicated server, ddos protection, sustainable plans, professional website etc., As usual let me start with plans and explain all features in depth.
Plans - MoneyPlus has 4 plans namely Basic, Fair, Good and Excellent. The daily interest for all these plans are depending on the principal lock in period. If you invest between $10 and $1,000 then you are in Basic Plan. Let's assume that you are investing 100$ in moneyplus which means you are in Basic Plan. If you selected 30 calendar days as principal lock period then you will get $0.6 (0.6%) daily. Important point to note here is, you will be paid only on business days. It is little confusing because your principal lock in period is 30 calendar days but interest is paid only on business days. 30 calendar days normally have 22 business days which means you will get 22 x $0.6 = $13.2 profit for your 100$ investment. After your principal lock in period, your principal will be returned. This gives you a total returns of $113.2 in 30 calendar days or approximately 1 month.
If you invest the same $100 for 60 calendar days then you will get 145% total returns which includes your principal too. Because 60 calendar days has approximately 45 business days and you will get 1% daily returns for all 45 business days. If you want to invest the same $100 for 120 or 240 calendar days then you will get approximately 215% and 400% total returns. So, if you increase the principal lock in period then you can enjoy earning more returns. I am not going to give calculations for other plans which are starting from $1001. Please refer to the table below and do the math yourself.
Note- The investment calculator in MoneyPlus website is showing wrong profit calculations at the time of writing this review. I requested for fix or clarification from the admin.
Amount($) / Principal lock period | 30 Days | 60 Days | 120 Days | 240 Days |
Basic : $10 - $1,000 | 0.60% | 1.00% | 1.30% | 1.70% |
Fair : $1,001 - $5,000 | 0.80% | 1.20% | 1.50% | 1.90% |
Good : $5,001 - $25,000 | 1.00% | 1.40% | 1.70% | 2.10% |
Excellent : More than $25,000 | 1.30% | 1.70% | 2.00% | 2.50% |
Compounding is not allowed in all plans. But, if you want you can invest from your account balance. You should have 10$ minimum in your account balance to invest. As I mentioned above, Interest is paid only on business days which means you won't get paid for major holidays like Christmas, Easter etc., Admin will send you an email before the major holidays to notify you.
My Investment Strategy - You should have your own strategy when investing in a program. A unique and smart strategy can make you more returns with less risk. That's why I invested in 240 days plan. I invested $50 in 240 days plan. Why? If you invest in 240 days plan then you will get your principal money back in 59 business days. After that whatever you are getting is a pure profit. Quick math - I am getting $0.85 daily for my investment of $50. So, in 59 days I will get (59 x 0.85) $50.15 which means I got my principal back safely. After 50 days, I will get a daily earning of $0.85 which is pure profit. You should follow this strategy only if you are very confident with this program. Otherwise, I suggest 60 days plan. But, 30 days plan is not interesting to me. I am confident about this program because the interest rate is less and the program is just started.
Payment Options - MoneyPlus accepts Liberty Reserve, Perfect Money,Strictpay, SolidTrustPay, Webmoney and Bankwire deposits. I could see alertpay logos in the website but it is still not added to the list of available payment options. There are couple of interesting points here A) Strictpay and SolidTrustpay payment options can be used only for deposits above $5,000. I don't know the reason but I tried to invest using strictpay and I got this message B) Webmoney is like paypal and they usually won't allow hyip programs as customers. It is very weird to see this payment option.
Payments are made only between 2 p.m to 3 p.m EST time manually by the admin on business days. So, if you request a payment on weekends then you may need to wait till Monday 2 p.m EST time. There is no withdrawal or deposit fee in this program.
Security - MoneyPlus is hosted on a dedicated server with ddos protection by Goldpoll. SSL is not currently implemented in website. But, it looks like admin is going to implement it soon. Moneyplus uses a custom made script. One good thing I like in this script is the Pin Code to withdraw or edit your profile. This will safeguard our account from hackers. But, there is no turing code for login and sign up pages. Also, the investment calculator in the website is not showing correct profit calculation at the time of writing. I contacted admin and waiting for clarification.
Design/Content - MoneyPlus has very nicely designed website. I like pink color very much, so I love the buttons and a touch of pink everywhere in the website. But, I want to give more importance to the usability of the website rather than the design. Navigations are very easy to understand and it doesn't feel like a custom script at all. There is nothing new to learn except the pin code stuff.
Moneyplus is properly registered company in UK. You can check the company info here. Use "05528673" as the company number to look for the info. This kind of shows the admin's interest in running the program. But, it is still not safe because it is a hyip program. I am really tired of reading the About us page on many hyip sites. About us pages are just to convince the new bies and make them to invest in the program. Even if I explain that here it is of no use to you. I don't want to waste your time and also my time by explaining unwanted things. Just consider this as pure 100% ponzi game and invest for fun. If you don't want to loose money then don't invest in hyips. Hyips are for fun, like casino games. They are not for serious investments.
Support system - You can contact admin via phone, support form or by just sending an email to support@moneyplus.biz. There is no proper support ticketing system. I hope admin will consider to implement one depending on the growth of the program. Also, I would like to see Live chat to help the investors ASAP. Since admin is not active in forums, I think it is must to have a Live chat functionality in the website. I din't try calling the phone number in the contact form. Because, I am not interested in it. I am good with support form to get my questions answered.
Points to Note-
- Principal lock in period is in calendar days but interest payments are only on business days. This will be little confusing for you. Read the "Plans" section of this review carefully and get back to me in case of any doubts
- No SSL at the time of writing this review.
- 3% Referral commission
- Compounding is not allowed
- Payments are made between 2 to 3 p.m EST time only on business days. This applies to both referral commission and interest payments.
- MoneyPlus is a proper registered company in UK.
Quality Factors:
I analyse all the programs in depth and rate them using various quality factors. I believe this is the honest way to rate any program. Once program is rated, I will keep watching the popularity of the program using various tools and the rating is updated accordingly. Keep an eye on program details page for latest rating for any program.
Quality Factor | Rating |
Is it a sustainable investment plan? (High 6) | 5.75 |
How is the design and usability of the site? (High 4) | 4.00 |
Is the content of the site is original? (High 4) | 3.25 |
Is the site launched in hurry with issues? (more points if NO - High 4) | 3.50 |
Is it on a dedicated server? (High 6) | 6.00 |
Does it have DDOS protection? (High 6) | 6.00 |
How is the security of the program? (High 8) | 6.50 |
How good is the script used by the program? (High 10) | 9.00 |
How is the up-time of the program website? (High 5) | 5.00 |
Does it accept more payment processors? (High 4) | 3.00 |
Does the program has it's own forum? (High 2) | 0.00 |
Does the program has proper support ticket system? (High 4) | 3.00 |
How fast and how good the support team answers the ticket? (High 5) | 5.00 |
How is the admin marketing the site? (High 5) | 4.00 |
How about the website traffic ranking in alexa? (High 5) | 4.50 |
The X Factor (Hidden) (High 6) | 4.00 |
The Y Factor (Hidden) (High 5) | 3.50 |
The Z Factor (Hidden) (High 5) | 4.00 |
Is admin already a member of any forums and how long? (High 3) | 0.00 |
Is admin/any support team member active in any forums? (High 2) | 0.00 |
How is the opening response in forums? (High 6) | 4.50 |
Any spam mails for this program? (more points if NO) (High 5) | 5.00 |
Average rating | 4.07 |
News Updates:
Have you guys noticed the warning that I posted on the news flash ticker above the header of my blog. I am mentioning about the warning about GainROI. Looks like I am correct on this prediction. GainROI is suffering a lot now due to cash flow issues. I didn't monitor and invest in this program. But, I believe this one lasted for quite some time which is decent for a program of this type.
IncoForex vs Infinitva - I was analysing popularity of all the programs in my favorites. It looks to me that Incoforex is getting better than Infinitiva. IncoForex is relatively new when compared to Infinitva. But, it is performing well inspite of the very low ROI it is offering. I decided to increase the rating for Incoforex from 4.25 to 4.33.
MoneyCare vs BlitzInv - My popularity analysis shows that BlitzInv is peforming better than Moneycare. But, moneycare has more sustainable plan than BlitzInv. So, Moneycare may last longer than BlitzInv. Anyway, I am increasing the rating for BlitzInv from 4.05 to 4.09 because it is currently performing very good.
CSMFinance vs Atlantis Mutual - In this case, CSMFinance is performing way better than Atlantis Mutual. Atlantis mutual performance is slowing down. But, still we don't have any bad signs for Atlantis mutual. Everything is normal here.
That's it for today. See you all in another blog very soon.
comments
2 Responses to "MoneyPlus Review & News Updates"MoneyPlus.biz is probably a scam website. I work for MoneyPlus Group at Lawson House in Altrincham - the address that they are claiming.
We are not FSA regulated and do not handle any investmenst at all. the entire website is completely unknown to me and I am incharge of online marketing.
I have tried to point this out on their website and have tried to contact them with no success.
For confirmation of what I am saying, please email me at gareth.chidgey@moneyplusgroup.co.uk or call on 0161 927 3550.
Thanks,
Gareth Chidgey
Hello Gareth,
I know that. 99% of hyips are like this only. Eventually everyone scams. I reviewed it only because of the website quality. They spent a lot for the coding and design and they should be around for some time. I thought my readers may get some profit in this time. For the last couple of weeks lot of short term programs are being launched. Everyone is a quick scam. That's why I stopped publishing reviews now till this season ends.
I appreciate your information and I believe you 100%. No need to confirm at all.
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