This program is not paying anymore. New investment is not recommended.Hello friends, This week I have joined in total three programs and today I am going to introduce one of them enlisted in my "Normal listing" called ForexTradersOnline.biz. It is a simple looking Daily/weekly paying long term program with the same good-old classic story of forex trading as operational back-end. We will cover this security and scripting issues later in this review, but for now I will discuss about the investment plans offering by ForexTradersOnline.
Investment Plans & Strategy :
ForexTradersOnline is offering total two basic types of investment plans to the investors right at the moment. One is daily paying and another one is weekly paying. Each type of plan is having three segments on the basis of your deposit range. And also remember that you won't be able to withdraw your principle amount before the term expires because this program doesn't allow emergency withdrawl.
From this picture, it is easily understandable that, each segment of this daily paying plans are having the same term of investment, which is 90 business days(5 days/week). For deposit range of $5 to $250, the daily return will be 2%. The percentage will increase as per the deposit range increases, as indicated in the picture beside. Similarly, for the deposit range of $251 to $1,000, your daily return will be 2.25%. And your daily return will be 2.5% for the deposit range of $1,001 to $10,000. Now the next segment is for the "Weekly paying" plans and this plan is also having three sub-segments like the previous plan. Take a look at the picture below,
This weekly paying plans are also having the same structured percentage of return based on your deposit size. The minimum deposit is $100 which is a bit higher than 'daily paying plans' and also with higher returns. For the deposit range of $100 to $1,000, the weekly return will be 12%. Just take a look at the picture, you will get the clear understanding on the returns and deposit range. Now here I want to discuss a strategy of playing with this kind of programs, which might help you to reduce the percentage of loss if the program runs away. But this strategy will help only big money investors. I will suggest to split up your investment in two parts and invest in both weekly and daily plans. Because 'weekly plans' will give you better return but you will get only one payment in week and in the other hand, 'daily plans' will give you a bit less earning but 5 payments per week. So try to split up you investment, it will give you a better earning but with reduced risk.Security & Script :
The security system of ForexTradersOnline is not good, because I found a less-known DDos protection in their hosting but with shared server and also there is no SSL certificate. They are having a logo of BlackDos in their website but clicking that logo will redirect you to the yahoo messenger application. This kind of mistakes just show the non-professional side of the administrator. However, they are using a licensed GoldCoders script but the contents of the website is copied. Their "FAQ" page is below standard and loaded with default question & answers, and also with default E-Gold account questions. Click here to take a look at the screenshot. So after seeing these kind of major mistakes I can say that ForexTradersOnline is simply another HYIP game where you might win and also might loose. Their domain name is registered for just one year and will expire on 5th July, 2011. Click here to view the complete whois record.
E-Currencies & Affiliate program :
ForexTradersOnline accepts only two e-currency like only Liberty Reserve and PerfectMoney. They are also having a nice referral commission of 4% and you don't need to be an active member to earn from their affiliate program. Just create a free account with them and start spreading your link.
Conclusion :
At a glance, ForexTradersOnline seems like another HYIP game which is just 16 days old at the time of this publication. So I will suggest my reader to choose wisely before investing and always remember the golden rule of HYIP, that never invest anything which you cannot afford to lose.
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Disclaimer : The reviews and all the payment proofs is just my opinion and experiences with the actual website, I do not endorse any program i posted here,Please understand the risk and invest at your own risk.
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