Today, I am going to review ForexNetClub - a medium term hyip program which is very attractive when compared to other programs launched this week. I honestly believe that this program has very high probability of becoming a super hit medium term program. Please understand, I am not just promoting this program. I am a real investor who invested $300 in this program. If this program is going to collapse then I will also loose my money. Anyway, I am not suggesting that you should join this program. I am suggesting that you should analyze this program and invest when you like it. It has quality features like Dedicated server, ddos protection, SSL encryption, gold coders licesnsed script, Comodo SSL certificate and attractive investment plans. My review will give you as much information as possible.
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Plans - There are three plans which are named as Short term, Mid term and Long term. All plans are paid on expiry kind. So, you have to wait till the expiry to get your profit + principal. I know, some of my readers don't like these kind of plans. They wan't daily or weekly payments. But, in my point of view, these plans are more sustainable than daily or weekly plans. Minimum to invest is very high - It's $50!!! I am sure many investors can't afford that much. Anyway, let's discuss the plans in detail now....
Short term plan will give you 109% total returns in 2 weeks. Minimum to invest in this plan is $50 and maximum is $2,000. If you invest $100 in this plan then you will receive $109 after 2 weeks which is just $9 profit. If you ask me, I am not interested in this plan at all. To get 9% profit, I have to wait 2 full weeks. This profit is very less when compared to other programs and it is not worth it. So, I didn't invest in this plan. But, if you want to test this program then you should join in this plan.
Medium term plan will give you 128% total returns in 4 weeks. Minimum to invest in this plan is $50 and maximum is $5,000. So, if you invest the same $100 in this plan then you will receive $128 after 4 weeks. Remember, you will get your principal + profit after the investment term only. So, this is $28 profit which is decent. If you compare FxStar START plan with this one then both are almost giving same profit. 28% profit in one month is not bad at all. But, you know what, I didn't invest in this plan also. Though this plan is profitable, it is less attractive to next plan which is for 8 weeks. Read on guys....
Long term plan will give you 191% total returns in 8 weeks. Minimum to invest in this plan is $50 and maximum is $10,000. So, if you invest the same $100 in this plan then you will receive $191 after 8 weeks. Now, this is awesome. You almost double your principal in 2 months. Of course, you are risking your money for 2 months to get this returns. But, considering the quality of this program, I am confident that I will be profitable in this plan. I invested $300 in this plan. In February, so far this is my biggest investment. I have to wait till April 1st week to get my returns. But, it's fine with me. You guys know my blog caption right - Invest less, Play smart, Earn Forever. Yes, I am playing smart here :)
Compounding is allowed which is very weird. This program is paying on expiry then how in this world they can offer compounding??? Guys, beware of this. If you select compounding then your returns will be automatically re-invested for next cycle. For example, if you invested $100 in 8 weeks plan with 100% compounding then after 8 weeks your returns of $191 will be re-invested automatically for next cycle. You have to wait for another 8 weeks to get your returns which would be around $365.
In case if you need your money for urgent use then you can cancel your investment for 10% fee. Anyway, this feature is very rarely used by investors. Because, you guys are supposed to invest what you can afford to loose.
Payment options - This is one negative aspect of this program. ForexNetClub accepts only Liberty Reserve for investments. Addition of Perfect money and Strict pay would be good choice. But, it is missing now. Positive side of this is, it is very easy for admin to manage the payouts. Admin won't loose lots of money in exchanging between payment processors. I know, many new bies depends on STP or AP for investments. I suggest them to open LR account. Many good programs accepts only LR or PM. So, don't always depend on AP or STP. Minimum to withdraw is $1 and there is no fees for any withdrawals. Payments are not automatic here. All payout requests are manually verified by admin and then paid. It may take upto 48 hours to receive your payment, but usually in few hours.
Security - This program stands out from the crowd in securing the website. ForexNetClub is hosted on a dedicated server with ddos protection by BlockDos. We all know that blockdos offers excellent ddos protection. So, we can expect 100% up time for the website. Website is Secured by SSL encryption. So, your transactions are safe and protected from hackers. Another good thing is, forexnetclub is insured for 1 million dollars for website identity assurance. But, trust me this is just one more plus in this program. It does not mean this program is investing really in forex to generate the profits. Domain is registered on 2008 and valid till 2012!!! Hope you guys now understood, why I am so excited about this program.
Design/Content - Forexnetclub is very professionally designed. You will get a feel of a real investment program. I love the rounded corner layout and the clarity of the text. Colors are very pleasing to the eyes. I can't believe that this website is using Gold coders licensed script. Because, the programmer customized it very well. Good job programmer!!! Website is loading very fast with high usability. Navigations are very easy to understand. From the name of the program itself, it is very clear that they are claiming that the profits are generated from forex market. But, as you guys know, I won't believe this. Even genius fund cannot generate profit from forex market. So, all hyips will collapse one day. So, consider this as game and play smart. I am playing for fun only. I won't consider these investments as serious. But, ofcourse, I will be happy when I am in profit. As per the website about us page, this program is registered in Marshall Islands since 2007. But, I could not find any proof for this like Certificate or link to verify etc., So, I won't believe this also.
Support System - There are lots of way to contact the admin. Live chat is available 24x7. You can find the link on bottom right side bar. Phone support is also available on weekdays 9 a.m to 5 p.m EST. I didn't try calling to this number and I don't want to do that. Because, I don't care about phone support. I am good with Live chat and Support form. You can also send email directly to admin. You can find various email addresses in contact us page. This is good enough to get quick support.
Points to Note-
- Features: Dedicated server, ddos protection by blockdos, SSL, Comodo seal for 1 million dollars, Gold coders licensed script, professional design etc.,
- Attractive 8% referral commission
- All plans pay at expiry only.
- Minimum to invest is $50 and minimum to withdraw is 1$
- Only LR is accepted
- Domain registered on 2008 and valid till 2012
Quality Factors:
Are you new to my blog? Do you know that this blog is not like other monitors or blogs? I spend lots of time in analyzing and review only top quality programs. You won't find any junk scams here.
Quality Factor | Rating |
Is it a sustainable investment plan? (High 6) | 5.25 |
How is the design and usability of the site? (High 4) | 4.00 |
Is the content of the site is original? (High 4) | 3.50 |
Is the site launched in hurry with issues? (more points if NO - High 4) | 4.00 |
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 7) | 7.00 |
How good is the script used by the program? (High 10) | 7.50 |
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) | 3.50 |
How fast and how good the support team answers the ticket? (High 5) | 5.00 |
How is the admin marketing the site? (High 5) | 4.50 |
How about the website traffic ranking in alexa? (High 5) | 5.00 |
The X Factor (Hidden) (High 5) | 4.50 |
The Y Factor (Hidden) (High 5) | 5.00 |
The Z Factor (Hidden) (High 5) | 4.50 |
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 4) | 0.00 |
How is the opening response in forums? (High 6) | 6.00 |
Any spam mails for this program? (more points if NO) (High 5) | 5.00 |
Average rating | 4.28 |
Readers Questions:
Raffiq asks - FxStar launched a new plan called Perfect which pays 3% for 100 days. Is it a bad sign for this program? Will this affect the program? I invested $450 yesterday on 30 days plan. Will I get my returns without any problem. I am using 100% compounding as per your review. Now, I am thinking of switching it back to 0%. Please advice.
I already answered to Raffiq's question in email. I thought this answer will clear doubts in some of my readers. I remember some one asked the same question in chat box too. First of all, Fxstar is a quality program and it is relatively new. Today, I got $502 paid to my LR for the expired $400 deposit in 30 days plan. I invested $200 last week in 30 days plan and thinking of investing another $100 in new Perfect plan. It is too early for this program to collapse. Many potential investors didn't take this new plan as negative sign. I discussed with an experienced investor in MMG forum and he is also confident that this is not a negative sign. He is investing in hyip from 2006. I normally ask some of the difficult questions to him. Changing the compounding back to 0% is a bad idea. I suggest it to be 100% itself. But, setting compounding to 100% for a 30 day plan is not going to make big difference in your returns. You will get couple of percentage more profit. That's it. So, if you still feel that fxstar is not safe, then go ahead and set it to 0%.
I remember, lots of my readers afraid when fxstar faced issue with LR withdrawals. That time itself I said, LR API is the reason and requested them to cool down. So, don't worry. If you ask me frankly, only negative in fxstar is the buggy script that they are using. I still know few bugs in the program script which admin could not fix for long time. Other than that, the program is really cool and profitable.
Kathy asks - I would like to know how you make any money with these HYPEs if you only invest a small amount in each program? Do you invest in many, many programs with a little amount? I have been investing large amounts in a few programs, such as GNI, SAZA and Genius Funds and so far I am supporting myself, but I believe it is risky. So do you advise investing in maybe 20 programs $500 instead of 5 programs $2000?
I got this question in Chat page. If you have interesting question and if it requires lengthy discussions then I request you to use my Chat page instead of Chat box in right side bar. I pasted my reply to the above question below,
Hello Kathy, It's a very good question. I am not a big investor like you. Last year my principal (seed money) was around $700. This year, I increased my principal to $1500. I diversify my investment in 8 to 12 programs. It is must to diversify your portfolio to minimize the risk. See what happened to GNI now. Always hyips are too risky and you have to diversify.
At the same time, too much of diversification is not good. It would be difficult to manage the withdrawals or monitor the program status. Programs in my "Program Details" page are not the only one that I am investing in. I am also investing in other programs which are good for short term profits.
Now, coming to your portfolio, You are investing in popular and quality programs which are paying for more time. That is good but not the best. You are investing in old programs. Any hyip which already completed first cycle is little risky. If it completed more number of cycles then it is too risky. I am not saying that you should not invest in Genius or Saza. What I am trying to say is "INVEST LESS" in these old hyips and "START INVESTING IN NEW QUALITY HYIPS". That way, you have more chance to get paid.
That's it for today guys. Ratings for some of the programs are updated in my program details page. Just for your information.
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