11/09/2010. FiboTradePro Review and Daily News from the Industry

BEWARE! THIS PROGRAM HAS STOPPED PAYING! PLEASE DO NOT INVEST!

Hi everyone! Today is another new experience for me as I am writing to you from the train out of Hanover on my way to Liege. Not my first time in Belgium but it will be my first time in that city so I’m looking forward to a weekend there.

Anyway, as I’m taking advantage of the couple of hours on board to write today’s update, it’s probably just as well that quite a few of you may already be familiar with the program I’m looking at today. It’s been monitored as an MNO basic listed program for a while now, so no doubt regular readers will have heard the name FiboTradePro by now. It’s an interesting program that at first glance may not seem that new, but think again. Having originally launched as a short term program some two months ago – itself a fantastic achievement by any standards – they have recently rebranded themselves as a long term HYIP and replaced all their old plans with newer more sustainable ones.

Perhaps the original short term plans were more like promotional offers while FiboTradePro established themselves as a dependable paying program, but what I do know for sure is that a lot of people have profited nicely from them up to this point, so mission accomplished in that sense. But as many people may not realize the long term HYIP arena can be a notoriously difficult one to establish yourself in and really distinguish yourself as a market leader. So I can’t really fault their tactics. Before the current set of long term plans have ever been implemented FiboTradePro have already built up a loyal customer base who are already in profit. And because the older short term plans have all been scrapped the program can still present itself to new investors as an one hand an old and established program, but on the other hand a brand new opportunity you are joining at the start.

I don’t think it’s too important to mention FiboTradePro’s old plans here. You can’t join them even if you wanted to so there’s no need to confuse the matter. But if you are just curious as to what they were all about in the past then you can read over their history in the major forums. Let’s stick to what’s relevant for now. There are a total of six investment plans for you to choose from here, and although some of them are so far beyond the financial reach of any HYIP player I’ve ever come across as to render them pretty pointless beyond some sort of cosmetic appeal. But for genuine players you can still sign up for as little as $10 so there are some affordable options there too.

And that’s where we start. FiboTradePro‘s first investment plan, FTP1, runs for 100 calendar days and is open to deposits between a $10 minimum and a $1000 maximum. So I guess that’s going to include most of you. In return for your investment a daily interest rate of 1.5% is offered. Your principal is already included as part of this so won’t get returned. That means for a $100 spend you can make back $1.50 per day ($10.50 per week), break even after 67 days, and finish with a total and final return of $150, or 50% profit. Not an outrageous sum in HYIP terms but more importantly it is a sustainable one. I know a lot more things than just this need to fall into place before the plan is deemed a success, but at least sustainability can be called the best possible start.

From this point on things start getting pretty serious with FiboTradePro. Their next plan, FTP2, is available to investors willing to spend from $1001 to $5000 with them. The investment term remains at 100 days and the interest rates are still paid out daily, but this time increase to 1.6%. This would mean you can break even in the slightly shorter period of 63 days and finish up with a total return of 160%, which including your principal is 60% profit.

Plan three, or FTP3, again runs for 100 days. It comes with a minimum price tag of $5,001 so obviously it’s not for everyone but if it looks reasonable to you then FiboTradePro are offering 1.7% interest paid daily. This would enable you to break even after 59 days and finish with a total return of 170%. As that includes your principal then your profit is 70%. In HYIP terms this is still sustainable, it’s just unfortunate that it’s going to cost you so much to find out. Maximum spend is $20,000.

After that I think it’s safe enough just to sketch out the details of the remaining plans. They’re unlikely to appeal to many given their prohibitive cost, and if they do then you really need to be speaking to a financial professional first. So here goes. FiboTradePro‘s fourth plan is called FTP4 and runs for 100 days making payments of 1.8% per day on deposits between $20,001 and $50,000. FTP5 offers daily interest payments for 100 days of 1.9% per day on deposits between $50,001 and $100,000. And finally for larger amounts up to a maximum of $500,000 sees them offer 2% per day for 100 days.

The choice of payment processors is somewhat limited here with just LibertyReserve and PerfectMoney being the only serious options accepted. This seems to be the usual way with most longer term HYIPs these days, and judging by the views expressed by many of you recently concerning the popular verifiable payment processors may not be all that unpopular. Officially StrictPay also make up the list, however considering that their accounts are frozen and they remain highly unlikely to ever pay their clients, don’t even think about them if you ever want to see any real money. I can only ponder as to why FiboTradePro have opted to continue using them at all.

Payments are made manually so will need to be requested. Once done the admin will try to have everything processed in 24 hours or less.

I can’t say I’m all that familiar with the FiboTradePro hosting provider, because as far as HYIPs go it’s a new name to me. They’re called XLHost and to give them the benefit of the doubt there hasn’t been any serious problems with FiboTradePro that I’m aware of since they first came online. Plus the fact that they are on a dedicated server and are protected by SSL encryption, it should be of an acceptable standard. They also have no less than six registered domain names with different extensions. You may contact the programs support team either by directly mailing one of the addresses dedicated to particular issues (technical, payments, etc) or by filling out your details in the form provided and submitting that instead.

On the business side of things everything gets typically vague for the HYIP industry. On the face of things FiboTradePro is supposedly a private UK based investment company but in the absence of anything that could back that claim up, or for that matter better explain their day to day activities, then I suggest you ignore it for now. At least until they do a better job of explaining everything and proving it.

But I guess the 60+ days online and stable payments are in their favor. It’s pretty hard to maintain and pay to everybody in short-term plans and a successful transformation afterwards to a long-term program with less risk and a longer life-cycle is a good move for them. There are existing examples of programs monitored on MNO for several months already that also underwent this successful transformation some time ago makes me think that FiboTradePro still has plenty of room for growth. Considering that the industry is starting a gradual rise I predict more interest among investors in stable low-ROI programs pretty soon.

DAILY NEWS FROM THE INDUSTRY.

Typically for a Saturday there’s a bit less news for you today. It’s a wonder how the admin of 144CashAds (reviewed here) keeps so active. He returned my interview questions today which hopefully I’ll publish early next week. But also he sent out a very extensive update outlining the reasons why you might like to join. The program is really unique in its plans and the possibility to advertise your own website for free (without any surfing) which will provide you with an additional revenue supplement. 144CashAds pays a total income of 144% no matter which of the six different plans you join. They work like this: every subsequent plan (which is equally profitable but shorter term) can only be joined if you have already joined the previous longer-term plan offered beforehand. The thing is this structure is exactly what will guarantee the program’s sustainability and longevity. But we’ll soon hear from the admin of 144CashAds Lewies who is better qualified to speak about his program than me for obvious reasons. Heres the full newsletter from them:
“At 144CashAds, we are very proud to keep a very clean and fast payment record! All payouts have been made and completed to-date! Cash out button open again Monday 0.00 hrs server time
For those of you have been purchased share in our plans over and over again, they will know how good 144CashAds have been performing.
And if you have not upgraded in 144CashAds, we will show you WHY you should start doing that AND also promote 144CashAds!
Make and informed decisions AFTER you have gone through the following:-
1. Good payment track record
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144CashAds have been online since 29 June 2010, that is we have been online for about 74 days! What it also means is that we have been paying for 74 days – not a single day of problems in payment – all clean record with fast payout!
2. Good review in forums/blogs/review sites
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Go to forums, go to review sites – you can only find good reviews with positive comments. Also, for some forums, we make sure we attend to you fast with us being directly present in forums!
3. Good and Unique Program with strong long-term plan
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Sites come and sites disappear. What you can be sure is that 144CashAds is here and will be here to serve you when others are gone. What is special for 144CashAds is that we are unique and our plans are very well thought of to serve our members AND to last long into the future. We are not here for only 2010, we are here for 2010, 2011 and beyond! Those who are with us since our launch, almost all are in profit and making money and for those who still follow us, they will be handsomely rewarded.
4. Good Advertising, No Surf Requirement
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144CashAds serves good advertising opportunity to advertisers and members. You do not need to surf. Just by being a normal member, you share in our revenues. 144CashAds also continuously seek to generate more funds from other advertising channels AND sources.
If you want fast money and fast programs, we are not for you. Those programs will go off very fast or worse, they will disappear overnight.
YOU have got a good, paying and solid program to build for a long long time.
What others are saying?
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Read the reviews of other sources. You can get the links to forums, blogs and review sites in our front page. Satisfy yourself that THIS IS a solid program for a long long time. Many programs will come up and follow us, duplicate us, imitate or copy our plans. Our plans are ‘scientifically’ designed and enhanced to reward members, AND reward LOYAL members – for now, and into the future. Its designed to sustain for the longer term! You can see many programs come and many programs go, but you will still continue to see 144CashAds here!
Its time for you to promote 144CashAds too. More and more people should be aware of 144CashAds and you can be rewarded long into the future for sharing this wonderful program. Remember, we offer rewarding referral commission to
our promoters:-
Level 1 = 5%, Level 2 = 3%, Level 3 = 2%
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Special Bonus Offer
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Our Special Instant Bonus offer is still ongoing.
Get $10 when you have 6 active plans, one plan in each level, in this month.
To achieve that easily, you can start with, for example, the following plans:-
Plan 1 $70, Plan 2 $49, Plan 3 $35, Plan 4 $25, Plan 5 $18, Plan 6 $13.
All plans pay 144%.
The faster you start, the faster you start to earn.
If you have any questions, chat with us online or send support mail.
Thank you!
Lewies. Project Admin”.

Here is the list of the programs featured on my monitoring that paid me over the last 24 hours:
FundsOMatic, Vodapex, ReProFinance, PawnShopFund, FutureTrails, OilStructure, OptimumPride, CashMiner, TradersPower, VividTrade, CherryShares, FiboTradePro, WorldPrivateFunds, UniteTrade, GlobalTradeManagers, SignalTraders, EzProfit and MajesticMoney.

That’s about it for today. See you on MNO tomorrow with an interesting interview with the admin of MajesticMoney. That’s a program which has just succeeded in in completing it’s first cycle of payments of 23% per day for 5 days (up to 27% per day in fact depending on the size of your deposit. Other on expiry plans available, but lets hear about that from the MajesticMoney money admin, Darren, tomorrow. Have a nice Sunday, and enjoy the rest of your weekend everyone!