Today I would like to publish an interview with a really special program called PanaMoney. You may have seen this program somewhere on the Net because it has its banners literally everywhere. Well, my blog is no exception as I believe that despite the low ROI plans PanaMoney can be a very sustainable program in the long run. It’s also a good choice for diversifying an investment portfolio for online investors that are ready to deposit more than $100 in PanaMoney. The program is really worth a closer look and as I mentioned in my review of PanaMoney published here the program is definitely made to stay online for the long haul. To find out more details from the horse’s mouth, so to speak, here’s the interview with the admin of PanaMoney Allan.

“1. Please introduce yourself to my readers and give us a brief introduction about your company and what position you occupy in PanaMoney.

Hello, I’m Allan Flank, Marketing Director of PanaMoney Technologies, Inc. Our company gives our clients a chance to experience automated Forex trading by opening a managed Forex account with PanaMoney. It is probably that some of us always wanted as they heard about the money one can make on Forex, but feared they lack knowledge, experience or time.

2. Could you tell us more about your experience and involvement in investment projects? How did you come up with an idea of launching PanaMoney?

I’d been working for quite a long time for IT company in Marketing, but I met Fernando Montero, who is now the Director and President of PanaMoney Technologies, Inc, and he shared his ideas of combining IT technologies, Forex trading strategies and market analysis in the way the company and its clients can benefit the most.

3. Is PanaMoney a registered entity? Do you have any proof of registration that you can provide to the investors?

PanaMoney is a legal entity incorporated and operating in Panama City, Panama. The clients who are interested in our company’s details and documents can visit the Contact page of our website PanaMoney and download our official documents. Nowadays, it is also easy to find any information about a company or an individual through public Internet resources.

4. Does your company have a real address where an investor can visit you and discuss their possible participation in detail? What other points of contact does PanaMoney provide to its recent and potential investors?

We have an actual office in the center of Panama City, where our management team is available Monday – Friday during business hours. Our company’s business is managing Forex trading using advanced IT and communication technologies and it does not presuppose meeting face-to-face. The great advantages of Internet, in particular, are that it is fast, cheap and has no borders. You should not spend time flying to Panama or spend money on regular mails or phone calls; all is available through your home or corporate computer. We do appreciate every client we have, that is why we have Customer Support our clients can contact via e-mail, a contact form in our Contact page, in live chat or can submit a ticket with their questions or concerns. We also welcome any feedback from our clients or suggestions that can improve our services.

5. How many people are actually employed by your company? Please tell about the traders and previous experience they have in Forex trading.

Currently we have 23 employees working in different capacities. As our business involves automated Forex trading, we have 8 technical and software specialists to maintain our trading system and 7 professionals in market analysis, fund management and Forex trading. All of them have 5 and more years of experience in their particular sphere. In this way, our company combines IT and human resources, math analysis and trading experience, to achieve the best possible results.

6. You stated on your site that all the trading activities can be easily monitored by an investor. Can you share with us the details of how this can actually be done?

Our company’s statement that we are totally transparent is not just words. We show our trading sessions live. Every PanaMoney client can login to his/her account and go to Live Trade where we show the Forex trading chart for 4 currency pairs we trade with. They include the price dynamics, current price rate and our entry to the market. In addition we show the progress of our trades: all profits and losses in real time during a trading session. At the course of our trading session all our profits and losses are summed up and make the final result of the trading day which can be found in Trading History on our website. This result is the basis for calculation of actual daily profit our clients will receive to their PanaMoney accounts.

7. What investment plans can PanaMoney offer to online investors? What is the minimum and the maximum to deposit in such plans?

All investment plans are classified by the invested amount. Our clients can choose from a number of investment plans PanaMoney has to offer for the period of 16-180 trading days.

When investing 30-49 USD, the maximum interest per day is 0.5%.

Investing of 50-99 USD can bring the maximum daily interest per day of 1%.

100-999 USD can make 1.3% daily,

1,000 – 4,900 USD can make 1.6%

5,000 – 9,999 USD – 1.9%

10,000-14,999 USD – 2.2%

15,000 – 19,999 USD – 2.5%

20,000 or more can bring the maximum of 2.8%.

As you can see the minimum for investing is 30 USD and there is no maximum. I would also like to note that when you deposit funds to your PanaMoney account it does not mean you have to invest the whole amount into one plan. You can open several plans, select different currency pairs for them (one for EUR/USD, the other for GBP/USD, for example) to test which pair’s trades are more profitable and then combine them into one with the currency pair you think will bring you the most.

8. Is compounding allowed in PanaMoney? Can one withdraw the principal before the investment term matures? Could you tell us more about combining the investment plans as it seems quite a unique feature to me?

There is no compounding allowed. Profits are paid daily and our clients can accumulate them on their Current Account and open a new investment plan. Then we provide an opportunity to combine it with the initial investment. That is the main point of combining: it is an option for reinvestment and earning more and also as I said above it can become a tool for stepping into a higher level of investing when several initial investments are integrated into one. Yes, it is a unique feature and we have developed it to give our clients more freedom in taking investment and reinvestment decisions.

As for the withdrawal of principal investment, we understand that there are different situations when our clients may wish to withdraw it, but, once the investment is made it is included into the trading process and it’s withdrawal will cost our company trading and administrative losses. That is the reason we have an early withdrawal fee which is automatically levied when the early withdrawal request is processed.

9. What payment processors do you currently accept? Do you have any plans to add more payment processors in the near future?

At present, we accept LibertyReserve and V-Money, as they are mostly used by our clients. We also accept deposits made by bank transfers. We are open to the idea of adding more payment processors, but before that we have to make our marketing research and investigate technical and administrative issues. So, I guess, it is not the matter of immediate future.

10. Could you tell us more about deposits via Bank Wires. Can you guarantee that such investments will be safe and will be returned to the investors after the term has matured?

Bank transfer transactions take longer but they are more secure as they include banks usually having legal guarantees to their clients. On our side, to make all transactions clear, we sign a Client Agreement with every client wishing to deposit via bank transfer and require the account validation procedure. The minimum to deposit via bank transfer is 5,000 USD and the minimum to withdraw is 1,000. The company stipulates this minimum to minimize he bank transfer costs for both parties. Our clients should remember that all bank transfer fees due to banks are to be paid by the client. Our Client Agreement executed by our company and our client is a legal instrument resulting in all legal consequences enforced by law.

11. What is the advertising strategy PanaMoney follows and where do you prefer to advertise your company in order to make it easily recognized among potential investors?

As our business is Internet-based, we use this environment for our advertising and promotional activities. We care a lot about the quality of Internet resources we advertise at, however, Internet is free and we cannot monitor all who use our name for different purposes. We also pay big attention to investors’ Internet community whose opinion can greatly influence the decision our potential investors make. In addition, we have implemented a referral program bringing extra 5% referral commission from every referred client’s investment or reinvestment.

12. In your opinion what distinctly differentiates PanaMoney from similar programs that also claim to be trading on Forex but often scam very fast?

There are too many obvious things as well as some things that become clear only when the investor comes and trades with us. These obvious things include:
– Our transparency. Those who just claim they are trading usually say they have some insider information or secret trading strategy but do not show any proof so investors just have to trust their words. Our clients’ trust is not based on words but on the fact they can monitor through all the process we trade and make our profits.
– Substantial freedom in decision-making. We allow our clients to choose currency pairs to trade and combine investment plans.
– ‘No loss’ guarantee. We guarantee all losses from possible negative trading results will be covered by PanaMoney so our clients’ investments remain full in amount and safe.

13. What would you like to say to potential investors to make them think about joining PanaMoney? What would be your message to all online investors?

My message would be: PanaMoney really is a new level in managed Forex trading due to its transparency and guarantees. Besides, our company is for those who think, because investor’s profits depend on our company’s trading results as well as their own decisions and strategy they use in investing. It includes the selection of a currency pair, investing in portions or combining investments. On one hand, we make Forex trading easy, because we manage our client’s accounts, make Forex orders and take the losses; on the other hand, our clients can develop their own strategy within their managed Forex account to make above average profits.

14. What is your honest opinion about my blog? Do you think it provides the necessary information for an online investor to make some reasonable investment decisions?

Nowadays information is what rules the world. Reliable information is the basis for reasonable investment decisions. Your blog is one of few Internet resources providing information for investors in a unique and trustworthy way. It is far more informative and professional than many others, as well. Thank you for your questions. Hope this information will help your website visitors to take right decisions.”

I also hope that the info given by Allan will help you form an unbiased view of PanaMoney and help you decide if you want to be a part of this company. I myself will do my best to provide you with the news and updates from PanaMoney on a regular basis and I hope PanaMoney will become a program which we can trust and plan our investments for the long haul. By the way, my review of PanaMoney can be read on my blog here.

Join me tomorrow when I will introduce another promising program VolcanoInvest where you have a good chance to be in profit in just one day! Stay tuned and see you tomorrow with more news and updates!