NovaFx.net Review

This program is not paying anymore. New investment is not recommended.

Another new month have started and the progress of HYIP industry is in full move now. From last couple of days I have introduces several professional looking programs to you guys. Today, I am going to add one more program to that list called "NovaFx.net". It is a very professionally designed, daily paying, long term program those who are claiming to be known as 'Nova 88 Limited' as a registered company of New Zealand with a classic story of Forex trading as operational backend since 2009. However, I will start this review by discussing their investment plans first.

Investment plans & Strategy :
NovaFx offers total four investment plans to the investors. But before moving onto the individual details of the plans, lets take a look at the picture below,

From this picture you can now easily understand the basic structure of the investment plans offered by NovaFx. The purpose of their "starter" plan is just for testing their services. It offers a very low daily return of 0.40% only for 15 trading days (5 days/week). And only for this plan you will receive your principal amount back after the term expires. Small money investors can use this plan to earn a quick little money if they don't want to play with their hard earned money for longer time.

However, for more serious investors, I will suggest to use other plans instead of "starter" plan as per their size of deposited amount. The other three plans are having the same term of 140 business days which is equal to 196 calender days and unlike all other daily paying long term term programs, here in NovaFx, you won't get back the principal amount after the term expires for 'Basic', 'Professional' and 'Premium' plans. It seems realistic to me because from the past history, I've seen that most of the long term programs stops paying before their first cycle of investments end, because after paying interests for long time, they fall into a money flow problem when the time comes to pay the principal amount back to the investors. So here in NovaFx, it is expected that they will not face these kind of problems which might force them to stop paying. But this rule of not returning your principal amount might increase some risk at the other hand, because no principal return means there is no way of emergency withdrawl facility. So if you invest here, you won't be able to ask for principal amount back if you need emergency money at any point of time. Your money will be locked in for 140 business days once you invest here. However, I really don't think it will make any big difference because investing in a longer term will always put the investors in a risk as per the present market trends. And since you will not get back your principal amount, So just use your common sense and invest wisely.

Security & Scripts :
NovaFx.net is using a very tight security system which includes a DDos protected dedicated server from BlackLotus which is one of the oldest and biggest provider of DDos protection, and also a positive SSL certificate from COMODO. Their domain name is registered for two years and will expire on 20th May, 2012. Here I must make you all noticed about the fact that, the domain name was registered on the month of May, but NovaFx actually started their online venture in the last week of August. So it's very easy to assume that NovaFx website is a very well thought-out and also very well executed in all respect, from contents to designing. Click here to view the complete whois record.

Payment processors & Affiliate program :
NovaFx accepts a good verity of payment processors for a wider range of investors which includes Liberty Reserve, PerfectMoney, SolidTrustPay, GlobalDigitalPay and my all time favorite AlertPay. The list also includes Bank Wire transfer but you cannot directly make Bank Wire deposit through the website, instead you need to use their support system to contact them first. NovaFx also offers a very lucrative affiliate commission of 5% for every deposit made by your referrals. You don't be an active investor of NovaFx to earn from their affiliate program. So just make an account and move on.

Conclusion :
Overall NovaFx seems like a good program with all the potential to become one of the hotspot of investors. After a long time I found another program those who have not used Privacy Protection to hide their domain registrant address. From whois search, I found their address as,

Nova 88 Limited ()
Fax : +1.4822338943
16 Titirangi Road,
Auckland, New Zealand 0604
NZ

Not going to any debate that whether the address is fake or not, but in the other hand, it will surely boost the confidence of investors. I really hope NovaFx will prove themselves by paying their investors right on time and also for long time. But like statutory warning, always remember the golden rule of HYIP, that never invest anything which you can't afford to loose.

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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.