Beware! ApexBinary has stopped paying! Do not invest there!

Hi everybody! Hope you’re all keeping well after the weekend. The last in the sequence of interviews that have been running on MNO over the last couple of days is with the admin of ApexBinary. As you might know this is a reasonably successful longer-term HYIP which has been running since the beginning of last December. Since then ApexBinary have been making payments of 1.2%-2.4% based on the size of your investment ($10 minimum) for a 180 business day term. Your principal back is then returned on expiry. Only the biggest investors, assuming there are any that is because we’re talking about amounts of $25K+, would be in profit at what is still a relatively early stage in the lifespan of ApexBinary, and we are still some way off seeing the first principals being returned. But I’ll be covering developments in the program on MNO as we go so when that eventually happens you can read about it on my blog. Meanwhile let’s see what the admin has to say about it all in the following interview. I’ll just remind you that if you like what you see and would like some further information on ApexBinary, the best place to start is always going to be the original review of the program which was first published on MNO here:

“1. Hi Mark, please introduce yourself to the readers of MNO and tell us a bit about your own involvement in ApexBinary. Is this your first online venture? What other experience do you have in this Industry?

Hello to all MNO readers, I am Mark Gentles retired Accountant and CEO of ApexBinary LTD.

As CEO of the company my job consists in monitoring all payments (deposits/ withdrawals), and setting the right strategies for ApexBinary to execute them in the right time.

2. Can you also give us some background history on ApexBinary? Why did you decide to open your own program and what are you expecting to achieve by this? Are you alone or do you have a business partner or assistant?

ApexBinary LTD is been doing offline business since 2008 and we decided to establish an online platform after gaining extensive knowledge and experience in the Binary Options Trading, Along with my team which concludes 3 departments:

A- Customer Support department (its job is to assist and reply on all inquiries either via email, live chat or phone calls)

B- Billing department (responsible of monitoring all payments in/out on daily basis)

C- Technical department (responsible of technical help, platform and script fixing. If any problem occur, our technical department will be there to fix it as soon as possible)

3. What are the plans you are offering investors? What are the minimum and maximum amounts to spend? What payment processors are you currently dealing with? What is the payment schedule, ie how long from the moment I request a payment do I need to wait before actually receiving it?

As stated on our website, we offer 5 investments plans each last for 180 days.

Minimum and maximum deposit amount depends on each plans, for example:
Basic Partner Plan starts from $10 to $500.

We are currently offering a wide range of payment methods: PM, STP, EgoPay, and PexPay.

Profit is credited daily for each business day (5 days a week: Monday-Friday)

We also offer the opportunity to withdraw your principal back anytime under any investment plan for a 30% fee.

All deposits/withdrawals are processed instantly via API System.

4. Since your program was first reviewed on MNO I know that you added SoldTrustPay as a payment option. Has that improved your business much, or brought a significant increase in the numbers joining?

After a month of ApexBinary launch, we received numerous requests from our clients asking to add STP, it took few weeks of negotiations with STP and finally they accepted our payment button after supplying them with all documents they requested.

Currently STP is one of the main payment processors after PM, we had many members from United States who were unable to use PM, instead now they are able to deposit with STP and use a credit/debit card as well as wire transfer to invest.

We accept 4 major payment processors, almost anyone from any country in the world is able to join ApexBinary and invest.

5. Another recent change is that you are now allowing members to withdraw 70% of their principal early and leave the program. Could this have any negative affects on the stability of ApexBinary? I mean, what do you think would happen if everyone decided to look for all of their money back at the same time? Or if more people leave than join?

After significant studies and means of improvement for the year 2014, we added Withdrawal of Principal Feature, it basically allow to any member to withdraw his principal anytime for just a 30% fee.

The main reason behind ApexBinary success is Generating daily profit from Binary Options Trading which enable us to profit as well as our investors. It is a win-win situation for ApexBinary and Investors.

Thanks to our dedicated team who is working daily to generate large profits enough to create a daily capital as well as profits to pay all withdrawal requests at time.

6. Tell us in as much detail as possible about the security features of ApexBinary. Are you on a dedicated server? What measures have you taken to protect the program from DDoS attacks and malicious hackers?

It took from us months of preparations to assure that we will be able to serve our investors for the long term.

Our main website: www.apexbinary.com is registered for 10 years + we have 4 other extensions for backup in case of down time, www.apexbinary.net *biz *org *co.uk.

ApexBinary is Hosted at one of top industry leaders (Blacklotus), DDOS Protected & SSL Certified by Comodo for all our 5 domains.

7. What about the script? Where did you get it from, is it licensed, and why do you feel it’s the best option for you as an admin and for the members who join?

ApexBinary is running of GoldCoders Script (leader of the industry) and our technical department had implemented new features such as Testimonial feature to meet our requirements.

GC Script is absolutely safe and easy to use it supports all features and meets all requirements.

8. What advertising strategy are you using to further promote ApexBinary among potential new investors? Are you happy with the level of support offered by existing members?

We started advertising slowly since we are running a long term investment program, we currently are monitored by over 60 monitors and have thousands of discussion in forums as well as sticky threads.

Existing members were a major key of ApexBinary success, we turned their deposits into daily profits, we are also open to accept all new investors from all over the world!

9. What about the success of the program overall so far? Are you pleased with the level of growth to date? Can you give us any statistics on the amount of members and the total amount deposited? What are your expectations over the coming months?

ApexBinary LTD by far exceeded our own expectations, thanks to our loyal clients and our team dedication.

Total deposits overall exceeded 100k and withdrawals reached 20k at this time of writing.

We expect a profitable season in a future full of success and stability for the long term.

10. What kind of customer support do you offer members? What is the best way to contact you if we have any questions about the program? Do you have a Live Chat feature and during what hours (GMT) is it available?

We offer Email, Live chat, Phone support to reply on all our investors enquires.

Live chat is available from 9am to 5pm from Monday to Friday.

However, our clients are always able to get in touch with as via email: support@apexbinary.com and expect a reply within 12 hours.

11. How effective have Facebook and Twitter been for ApexBinary? How have they been using them? Are they mostly for news and communication or have they helped you in attracting new investors?

Social media had an important role in ApexBinary advertising Campaign. Through Facebook and Twitter we deliver to our clients and fans all news of the program, we currently have over 3620 fans in Facebook and over 900 followers on Twitter.

12. ApexBinary launched in December when the HYIP industry is traditionally very quiet. Now that we’ve completed January and are into February have you noticed any significant increase in traffic and general activity?

ApexBinary started at December which is known as a black month for the industry but it is not at all.

In January and February deposits increased as well as amounts deposited comparing to December, it is really a good sign of stability for ApexBinary.

13. Do you have any plans for the future development of ApexBinary? In a very competitive business but only a relatively small market, how do you intend to keep ApexBinary competitive keep growth at a steady sustainable level at the same time?

ApexBinary has a huge name in the market nowadays supported by popular forums as well as monitors, we have never missed a single withdrawal request or any enquiry.

Our future plans consist in developing the platform, we may add a new design and a new mobile application for ease of access.

14. And finally, is there anything you would like to say to the readers of MNO that you feel wasn’t really covered in this interview? Anything you feel is important for everyone to know about ApexBinary? You may also feel free to comment on the review that was posted. Was there anything there you felt was unfair, mistaken, or in any way in need of clarification?

I would like to thank Paul for his interview and i am grateful to all our investors who supported us from the start, we will make sure all our investors will get their profits and principal in time, without any delays, we work for your profit! Wishing all of our investors the year 2014 will bring them profitable and long term income with ApexBinary LTD.”

That’s it for the first post of the new business week, guys. Thanks for reading and as usual with interviews I just want to finish up by saying thanks to the admin for taking the time out of his schedule to answer my questions and I hope it was in someway useful to both existing and potential members. And if you’ve joined ApexBinary already then good luck in making a profit from it.

As there’s been three consecutive interviews on MNO over the weekend I didn’t have any news updates. All that’s going to change tomorrow because we have quite a bit to catch up on now. Unfortunately not all of it’s going to be good news either, but I think you’ve probably guessed that by now. I just wanted to let you know that because of the number of updates and the importance of some of them (don’t worry, my monitor is always 100% up-to-date) I’ll be publishing earlier than usual. So stay tuned for that and see you all then!

/p