23/05/09. Interview with the admin of Fexity

THE PROGRAM HAS STOPPED PAYING! PLEASE STOP INVESTING!

Hi guys! As always I hope everyone’s weekend is going well and you’re all enjoying some free time. As for myself, as I look back over the programs reviewed over the last number of weeks I have to say it’s been quite a fruitful period for HYIPs. I wouldn’t like to pick a favorite, but if you pushed me to name my top three new programs launched since let’s say the start of the month, the program I’m talking about today would definitely be one of them. The program is called Fexity and to be more accurate I’m not really talking about the program. I did that already in my review published here. I’m really talking with the admin. Her name is Juliette and before we hear from her I will just offer a brief reminder that Fexity is a short/medium term program that can potentially become one of the biggest hits this summer. It has a daily plan that pays 2% daily for 15 days or a weekly plan paying 15% interest per week for 3 weeks.

“1. Hi Juliette, please introduce yourself to the readers of money-news-online and tell us about your personal involvement in this project. Do you have any previous experience in managing online HYIPs?

My warmest greetings to everyone at money-news-online. I am Juliette, the support staff and co-admin of Fexity. Previously I was pursuing a career as a customer care executive at Dell Communications. I used to also invest in forex part time but my experience and knowledge developed rapidly from a few friends who are well-seasoned traders. They helped me to understand how it all works and make really high profits from it.

With time, I was able to even quit my job to become a full time forex trader with them. I did not have any previous experience with HYIPs. It was only when we realized that we needed to create a suitable avenue for the general public to invest in fully managed forex and commodity trading, that our search ended in this field.

2. What can you tell us about the history of Fexity? How long have you been trading and what are you hoping to achieve by the launch of this project? Are you operating alone at this point or do you have some assistant or business partner?

Fexity was started by Zeno Abraham, Micheal Jansen and me, Juliette. We have been trading associates for more than 3 years. When we came across this industry, we noticed how it had the potentials of creating a perfect blend of our business strategies and opportunity proving scheme. Our primary aim is to bring in the opportunity of trading to the general public through a fully managed portfolio system and also pay a flat rate of interest. Needless to say, we do make a small profit form this venture for our efforts.

3. I notice that Fexity have taken the somewhat unusual step of requiring me to make a deposit before becoming a registered member. Why is that? Do you feel it might appear unnecessarily complicated to those new to the industry? Could it possibly be a hindrance or is it in someway beneficial to the program to do it this way?

Fexity is a professional program exclusively created for serious investors. We wanted to save precious space in our members database for active members and the only way to do so is by reducing the possibility of inactive members signing up at Fexity. This, in no way is a hindrance to anyone as each investor will have to provide us with some basic information, which is added to our database automatically. Each active investor will be provided with a login key to access the member’s area.

We did not want to select a regular script for Fexity as we want each person who drops by to fully understand how this system works and why we choose to be different before he or she invests. After all, each investor deserves to know if he is making the right move. Such awareness has to be created to bring in more trust and loyalty into the industry.

4. Explain to us in detail about the investment plans you are offering investors? What are the minimum and maximum amounts to invest? What payment processors are you currently dealing with? Are payouts automatic or do I need to request them? What about my principal? Do I need to ask for that back? Is it automatically re-invested on expiry if I don’t request it?

We have a daily as well as a weekly plan at Fexity.

Those who invest in the daily plan get 2% daily for 15 days as profits, which are paid on weekdays.

The weekly plan pays 15% weekly for 3 weeks. Those who invest on mondays will get their weekly payment during the weekends. For those who invest on other days, they will receive their payment on the same day during the following week. For both the plans, the minimal investment is $5 and the maximum $10,000.

We also pay a 5% referral commission. We accept LibertyReserve, PerfectMoney and StrictPay as payment processors.

The unique character of the Fexity site model is that the users do not have to make any withdrawal requests as they are all processed automatically to the respective users’ e-currency accounts.

The principal amount is returned to the investor within 24 after the plan expires even if the member does not make a request for it. Reinvesting is purely the member’s wish.

5. Perhaps you could now explain the bonus program available to new members? What is FAB? Is it a once off lump sum based on my initial principal, or is it added to my investment, enabling me to be pain interest on it? How long will this offer be available to new customers?

FAB (Fexity Additional Bonus) is basically a promotional strategy that has been exclusively included in the system for our Fexity members and not for the monitors. FAB is paid through our private funds and not from the profits or funds from any members. The FAB percentages vary from 5% to 35% depending on the chosen plan and the investment capacity. The FAB promotion will be available till the end of May 2009. The exact date will be announced by us.

6. Online security is a huge concern for everyone these days. Tell us in as much detail as possible about the security features of Fexity. Who is your hosting provider? Are you on a dedicated server? What measures have you taken to protect the program from DdoS attacks and malicious hackers?

We are well aware of the fact that online security holds top priority in the industry and had briefed our technical staff to provide the best of security facilities that money can buy. Yes, Fexity is hosted on a high level DDOS protected dedicated server with mirrored backup server. This will avoid the downtime of the site even in the event of an attack.

7. What can you tell us about the script Fexity is running on? Am I right in assuming it is custom designed for you? Can you tell us who is behind the design? How safe is it?

Fexity has been created,configured and designed by LeadCaptureMaster, one of the leading designers online. We are very impressed with his efforts and keen eye for detail that has accommodated all our requirements perfectly, making it one of the most secured sites to have been created.

The script is well encrypted and absolutely secure, giving no access to the confidential information stored in the member’s area without a login key. We have also embedded a technology within the model that only allows transactions to occur directly between the members’ and Fexity e-currency accounts. So there is no space for any security threat.

8. How have you been promoting the program so far? What advertising strategy are you using? How big a part have the existing members played in this? Are you satisfied with that level of support? Could anything be done to improve on this?

We have been doing reasonably well in the promotional area with the FAB scheme and inclusion of reputed monitors that target the global market, which seem to be bringing in a decently escalating growth. We are not keen on massive promotional campaigns that drain the resources but would rather spend that time and effort generating a good profit for our members from their valuable investments.

We are pleased with the support from our members. In fact, we must mention that your blog has been a very informative medium for people to get to know about Fexity. We are always open to suggestions from senior members who have been around in this industry far longer than we possibly have been.

9. What about the success of Fexity so far? Are you pleased with the level of growth to date, considering we are still in such an early stage of the program’s life? What are your expectations over the coming months?

Fexity has just completed 4 days and we are very pleased to announce that we have over 250 active members. We must thank each and every member for their patience in going through all the information that we have displayed on the site and understanding it before investing with us.

We are certainly very delighted with the growth and we know that we will definetly grow much bigger when people get used to this new system, which is only a matter of time.

In future, we plan to go private, which should possibly happen in a few months.

10. What level of customer support do you offer members? How can they contact you if they have any issues with their investments? Do you offer live chat or e-mail support?

We have a multi-optional customer support service comprising of HelpDesk,Live Support and an official Fexity Forum. We will also be including a phone support when we increase our manpower. Yes, we offer both live chat and email support at Fexity.

11. As I have indicated in my earlier review, certain sections of the Fexity website are reprinted from another source. I refer specifically to the ForEx “dictionary” that is your Knowledge Point page. What is your comment on that and what is the original source of the text? Is there going to be further updates and articles regarding this aspect of your business?

We are glad that you brought this up. We did not intend to reprint text from other sources and claim it to be our own. Knowledge Point is basically a section in Fexity that leads people to all the useful information about forex and commodity trading that is available online through various links. This section will be updated regularly.

For now, we have provided some basic terms used in forex and commodity trading in this section. The technical staff had missed out the original source link when he added the text to the site. We apologize for this on behalf of the technical staff.

Believe me, there will be a lot of valuable information that will be available in this section in future.

12. Following on from that, what can you tell us about your outside business and trading activities? How are you funding the interest payments to members and is it possible for anybody joining to independently verify this?

Fexity is not intended to become an organization but as a personal trading platform. Some online investing friends introduced us to this particular industry, which appeared to be the perfect avenue for the general public to access our services. As we are still under the observation stage, we would be only looking at transforming Fexity into a registered entity when we find the developments over the next few weeks satisfactory. During that phase, we will also be increasing the staff strength and support facilities. Therefore, we would only be able to include our trading results,business communications details in the website after the current phase is over.

13. There’s some pretty stiff competition out there these days for HYIP’s with more programs chasing less money. What are the main advantages of joining Fexity over some really good more established programs I could name?

We are aware of the fact that there are several competitors in the market but everyone had to start from somewhere. They had been where we are now and would have faced the same issues too. With time, people will notice our hard work and tireless support to our members and we too will grow up to be one of the largest and most successful programs online.

14. And finally what are the future plans for Fexity? How are you planning to help the program’s future growth and development into a major player in the online investment arena?

We have various plans in mind for enhancing the quality and overall performance of Fexity and focus on implementing each of them. I bet, in just 3 months from now, Fexity will develop as a highly trusted and reliable program online that offers profitable opportunities for the public. We take that as a challenge.

Before I thank you for this interview and leave, let me say a few words about your blog. I did have the privilege of visiting your blog and reading all the information that you have given in it. It is very hard to come by someone who will put in such a great deal of effort into gathering vital information about online investments so that people from everywhere can benefit from your experience and selective advice. It really is a blessing for people who frequent your site to be able to make important investing decisions based on your suggestions and study.

Keep up the good work and it is undoubted that you will be blessed for the service forever.”

Thanks a lot to Juliette for taking the time to answer my questions so thoroughly. I would also like to thank her for giving me her first ever online interview. Of course you should already know by now that you get all the news first here on MNO! I think Juliette covered just about everything here. So much so in fact that there is really very little for me to add by way of a summation (why can’t they all be like this, lol!) so I’ll just add a few words about my personal experience with Fexity so far. Now as we are still in the early stages of this program’s life cycle I certainly won’t compare it to the top programs on my recommended list. That would be simply irresponsible of me at this stage and anyway, that kind of endorsement (for want of a better word) needs to be earned. But I can honestly say that for their first week or so online Fexity look like they are heading in the right direction. Just about every aspect here has been well planned. As far as short term programs go these plans can be sustained for some time yet. The security has also been taken seriously and thought out well before the launch. And of course not to forget the main reason most of you are reading this, the payments. They have been great so far. On time, every time. I can only suspect that at least one person involved in Fexity is no stranger to the HYIP business and quite clearly knows how to run a good program. All that remains is to say that if you want to be in with the best possible chance to see a profit then join as early as possible.

That’s it for today guys! Hope you all liked the interview and I hope you all enjoy the rest of your weekend. I’ll be back tomorrow with a new version of my now hopelessly outdated review of GoldNuggetInvest. Stay tuned for that and see you then!