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

Hi everybody! There’s a couple of news stories to catch up with today, which we’ll get to in the second half of today’s update, but to start with I want to look at a program called GrandFX. This is a short term program in the style of those that used to dominate the HYIP industry, (the short term HYIP industry I mean), but still has a lot of appeal to regular users. In this case GrandFX has in fact online for an impressive forty days by now, but the admin has just recently decided to step up the advertising campaign and join MNO. I think most of you will recognize GrandFX pretty much straight away though as there’s been countless programs of a similar style in the HYIP industry over the last couple of years. And as normally the case with HYIPs like this one, there’s a huge number of investment plans. Some are quite good and genuinely achievable, while others are unlikely to make money for anyone apart from the admin, as they are designed to do in the first place. The trick for investors is distinguishing one from the other, something I know most MNO readers are more than capable of doing but I’ll go through all of them for you anyway so you can see what the program is all about.

Starting with the investment plans as usual then, GrandFX have no less than eight of them. Mostly these are traditional “paid once on expiry” plans, though one of them makes hourly payments (which I suggest avoiding for reasons which will be obvious once I explain). I’ll start with the shortest term plan as I’m guessing it might be the one that appeals most to the investors. It runs for a term of 1 calendar day. So basically you can join for a $10 minimum and get paid your interest and your principal in one combined payment on expiry the following day. Depending on how much you deposit, GrandFX will pay you back a rate of 103% for anything up to a $1,000 maximum. That’s your own money back plus 3% net profit. Or in other words members who deposit $100 today should, we are told, withdraw $103 tomorrow.
Higher rates include 104% on deposits of $1,001 to $2,000, and 106% on $2,001 to $5,000. Check out the GrandFX members area for anything bigger than that.

For their second plan GrandFX offer a return of 113%, or 13% profit after 4 calendar days. This applies to deposits from a $10 minimum up to a maximum of $1,000. You may make a larger deposit if you can afford to, and expect a higher percentage in return. The rates are calculated as follows:
Deposits of $1,001 to $2,000 will earn 118%, and form $2,001 to $5,000 are promised 130%. Check the GrandFX members area for information on larger investments if interested.

The next plan runs for a term of 10 calendar days and also pays on expiry. The same $10 minimum deposit is required to join and for anything up to $1,000 GrandFX are paying back 135% interest, a figure that includes your principal so that’s 35% profit for yourself. For anyone brave enough to go further than that then the following rates are offered:
148% for deposits between $1,001 and $2,000, and 170% for $2,001 up to $5,000. For the rates available to bigger deposits I suggest you see the GrandFX members area.
As you can see the plans get more and more risky as the terms get longer, and the likelihood of them actually being paid gets more and more remote. And yes, I’m aware that GrandFX have already been online for over forty days, but that wouldn’t necessarily mean anyone joined the longer term plans and thus guaranteeing that investors were paid had they needed to be. So it’s time to maybe start considering how realistic these figures are before getting too excited at the enormous rates available.

GrandFX follow that with a plan that pays on expiry after a term of 25 calendar days and costs $10 to join. Your final payment will also include your principal. The minimum cost of joining is $10 and the return will be 250% on anything up to a maximum value of $1,000. If you’re feeling lucky and wish to take a bigger risk then GrandFX make the following offers:
Spend from $1,001 to $2,000 and earn 350%, and from $2,000 to $5,000 for an offer of 500%. Again check out your GrandFX members area to see what they offer to investments bigger than that.

GrandFX‘s next investment plan which runs for a 40 calendar day term can supposedly earn you 400% interest, paid on expiry and principal included, if depositing up to $1,000. Beyond that the rates are:
600% for $1,001 to $2,000, and 900% for $2,001 to $5,000. Larger investments are of course accepted so for information there see the GrandFX members area.

The remaining plans are perhaps best avoided (some might say the same for some of the previous options, but let’s look at them anyway). The first of these so called VIP plans runs for 10 calendar days and pays once on expiry. The minimum deposit is $10,000 which I think by itself indicates to experienced HYIP players exactly where the problem lies. Anyway, for the sake of completing the review I’ll just say that the offer if 600% paid on expiry for all deposits up to $20,000. The fact that the headline in the GrandFX members area says the rate is 1,000% but the sub-headline “only” offers 600% kinda implies that not even the admin is taking this one seriously and that neither payment is ever likely to be made. It’ll cost you a nice little sum to see if I’m wrong about that!

The next VIP option opens for a $2,000 minimum investment (though I think minimum “donation” might be a more suitable word) up to a maximum of $5,000. GrandFX offer one single payment of 1,200% after 20 calendar days. According to the predesigned template the figure alternatively might be 2,000%, though it may as well say a billion percent as far as I’m concerned as again neither figure is even closely related to being realistic.

Another option, also to be avoided given it’s $10,000 minimum price tag, alleges that GrandFX can pay 5.73% interest every hour for a term running 18 hours. Not that I suggest you waste too much time analyzing such plans, but it’s clear that this one “pays” (if it ever pays!) considerably less than the same amount in the one day 24 hour plan would. I mean it’s a moot point for the experienced investors who’ll have skipped this plan anyway, but for the benefit of HYIP industry newbies I just point it out that not even the GrandFX admin himself can be bothered putting too much thought into this plan.

The payment options are, as you might expect, a bit limited but at the same time pretty much up to a fairly typical standard for a program like this one. You can sign up for GrandFX using any of PerfectMoney, EgoPay, BitCoin, and Payeer. Payouts to members will have to be requested from inside your private account area, and once done will according to the admin be processed within 24 hours. From my own, albeit brief, experience with GrandFX I can say that payments are typically a lot faster than that, but still allow the full 24 hour time frame.

If you want to know more about the technical aspects of the program then like design and security features, I suppose GrandFX is up to an acceptable standard. Nothing special but at least it has the minimum you should expect from an online HYIP like this one. GrandFX are running off a script under license from GoldCoders so that will give them a familiar easy to navigate feel, and is SSL-secured by Comodo for an extra layer of protection. They are also hosted on a dedicated server with the support of and protection from DDoS attacks by DDoSGuard.

For any further questions or account related problems you need to have dealt with the GrandFX admin can be reached by filling in your details on the online support form and submitting it via the contacts page. Before doing that however it might be worth your while having a quick look at the program’s Live Chat feature. If you find an operator there then you might be able to get your questions taken care of in real time without the need of writing any lengthy e-mails, though you can if you prefer write directly to the listed address. Fans of social media sites will also be able to find GrandFX keeping a profile on Facebook, however in the forty something days the program has been online there hasn’t really been a huge amount of activity/interest there. If you would like to speak to someone directly then you’ll see a telephone number you can try as well, assuming you believe someone may actually answer you that is. And lastly GrandFX have a postal address in the UK (to accompany their incorporation certificate) though this is the one point of contact I’d be entirely dismissive of, given that they tend to be virtual hosted offices only and the ease of which (perfectly legal) registration papers are sold from the UK to pretty much anyone looking to buy them, no questions asked.

So if you’ve taken all that on board and decided that yes, GrandFX is still something you like your chances of making a fast profit from, then I can only remind you of what 99% of readers already know – be careful, and play for fun, not for an income you absolutely depend on. GrandFX simply claim to be involved with ForEx trading, and not a shred of proof offered to back it up. Not that that would in any way prove its profitability even if they were doing it anyway, so as always remember to stay well under a spending limit you can afford to lose, and if joining GrandFX at all then try to keep them as a smaller part of a wider more diverse portfolio.

DAILY NEWS FROM THE HYIP INDUSTRY

GRANDFX – FORTY DAYS ONLINE AND MULTILINGUAL SUPPORT AVAILABLE

The above reviewed GrandFX issued a newsletter today to commemorate an amazing 40 days online during which the program has been paying on short-term plans to their investors. I noticed that some readers on the ShoutBox have taken this addition as a sign of GrandFX‘s ongoing development and gradually building up its online presence and exposure internationally. I hope the review will help you decide if GrandFX is your cup of tea or not, but in any case one can’t help but wonder how it’s possible to run a program like that for so long. One possibility is the gradual promotion which the admin is showing with the MNO Premium Listing just last night, and further improvements such as live support now available in three languages plus a phone number. The admin also shared some recent stats from GrandFX, but as with any other short-term programs they most likely not entirely genuine. Anyway, one undisputed fact is that GrandFX has been profitable already for hundreds of investors, and for how long it might keep paying only time will tell. Below is the latest email newsletter from the program’s admin Thomas:

“40 Days Online
Dear Investors,
We are pleased to say that our program is 40 days online.
Today we are prepared to improve our communication with you.
You can benefit from the support of online in three languages (English, Portuguese, Russian) and call your support number +442033184042. Our program offers the best an investment plans and you can be confident in our market liquidity Investment Programs. It’s can be seen in our statistic. Total accounts:2245, Total deposited 228,842.95 , Total withdraw 103,011.86, and we believe that it’s will be growing day by day. We are very thankful for our clients to staying with us.
We are ready to show even greater revenue results that are at present. Many of our investors during our work has increased their capital several times. Stay with us and you will achieve your financial heights.
Best Regards, Thomas Jansen
GrandFX – Profit with us”.

GEPARDALLIANCE – ECURRENCY EXCHANGE AVAILABLE

GepardAlliance (reviewed here) has recently added a useful feature which might be used by some investors looking to use to a different payment processor to withdraw from the one they used to deposit. I remind you that GepardAlliance offers very moderate interest rates on the following investment plans with the principal returned on expiry – 0.35% daily forever, 0.56% for 62 days, 0.75% after 93 days. The deposits in GepardAlliance generally start from a $10 minimum and they are accepted via PerfectMoney, EgoPay, Qiwi, and directly via some Russian banks. Now the members will be able to choose the convenient exchange feature in their accounts (subject to fees) and try it out before choosing a payment method. Below is the very short update regarding this new feature:

“GepardAlliance LTD
Dear investors!
In the private office, the bottom section “My Account” added currency exchange.”

TERRAELEGANCE – AUTOMATIC PROMO MESSAGE AVAILABLE AND BITCOIN VIDEO POSTED

The most active program in terms of updating members with the addition of cool new features on a daily basis and growing exponentially for that very reason is TerraElegance. The admin should be applauded for taking such an active and lively approach to the marketing of TerraElegance which maintains the interest in the program and new members coming on a constant basis. That is important to sustain the payments on the 9%-14% daily forever plan with no expiry date by gradually growing the membership. I believe people who were already paid to their PerfectMoney, EgoPay, BitCoin, and Payeer accounts wouldn’t mind sharing their positive experiences on social networks and at the same time help promote their favorite program. This feature was introduced in the latest newsletter from TerraElegance (reviewed here) and the process is explained below:

“Tsunami of referrals coming!
We have devised how to make your referral swarm even bigger.
Let’s plunge into detail.
We have scrupulously analyzed statistics of investors by their referral activity, and we’re extremely content with your downline bulding results. Many of recruiters count referrals by hundreds. It’s absolutely awesome! This signifies the trust in TerraElegance.
The most important is that active investors constitute the absolute majority among all our members. We’re amazed at smooth teamwork of you, investors, and us, TE administrations. We’re just great!
Yet we don’t find it possible to rest on laurels. We decided to move ahead and make it easier to invite referrals even for the laziest of bones.
Previously, to share a post about our project in social networks, you needed to think of the plot, to write it down, and put the text on your wall, possibly accompanied by a cool picture. Then you had to copy-paste your referral link, attach it to a post and only then you could click the button to publish the final result. Not necessarily first attempt looked what you had intended it to. Honestly speaking, many of you just aren’t enthusiastic enough.
Now it’s times easier!
In just two clicks your referral link with a cool intriguing message will be posted on your Facebook page, VKontakte, Odnoklassniki or any other social network of your preference.
We cooked an option that will allow you to grow you referrals number, which means more income for you!
Now every time you place a withdrawal request in your TE Account you will be presented with a textbox asking you to leave a short success story. Then click a social network button in the above row. A welcome message saying ‘Hi, I’ve just been paid for doing nothing! Reply me asap for more info” will pop up. All you have to do is click the ‘Share’ button, and you referral link together with intriguing message will be posted to your social page.
Impressive, uh?
Tell your friends about your successful experience with TerraElegance, invite them to join our frinedly community of best people from all over the world. Soon TerraElegance will encompass hundreds of thousands members!
TerraElegance unites people!
We’re moving forward, making your life easier and more comfortable.”

In yet another update from TerraElegance last night it was particularly emphasized that the process of depositing via BitCoin doesn’t require any conversion. You simply invest and get paid in BitCoins the same as you would in dollars according to the latest exchange rate. However with so many questions from BitCoin users the admin asked someone to create a 4-minute long video where you can see the whole step-by-step process played out in front of you. The link to the BitCoin video posted on YouTube can be found at the end of the following newsletter:

“TerraElegance and Bitcoins
Bitcoins. The future of money, as it is touted in some circles.
We at TerraElegance just couldn’t fail to meet the expectations of our investors to see cryptocurrency added to the list of payment processors options. We have been accepting bitcoins as a means of payment for quite some time already.
Even more to it, we accept and withdraw bitcoins with NO conversion. That is, we don’t depend on BTC exchange rate.
Bitcoins should make bitcoins, this is our motto regarding cryptos!
We believe this is a good decision, and lots of investors have already appreciated it.
However, in the course of using BTC as a payment processor we found out that a number of members don’t have a clue how to make deposits in bitcoins.
So we approached George Malover, one of our loyal investors, who was kind enough to make a short video describing the process of depositing bitcoins in easy to follow steps. George responded positively, and we owe him enormously.
In this video he explains in detail how to work with bitcoins. It’s quite simple and easy to do.
In the meantime we’re busy making new tools for a comfortable, more productive way to increase the number of referrals. Stay tuned for details!
TerraElegance – a sure way to your prosperity!
https://www.youtube.com/watch?v=BPQPkzDwAh0”

All in all, I must say I’m very pleased to see such astonishing results from TerraElegance which seems to be loved by many investors due to the option of withdrawing the original investment anytime after an initial 24-hour lock-in period. Compounding is also offered to further increase your earnings on their 9% to 14% daily plan. Even the 7% withdrawal fee aimed at protecting the program from hit-n-runners is seen by many experienced investors as lesser of two evils. Just remember that TerraElegance is a game, so only invest what you can afford to lose, and see what real members of the programs are saying on payouts (ignore bad votes from the blackmailers who vowed today to bring the program down if the admin doesn’t pay a $250 ransom). I believe the members of TerraElegance will be able to overcome this difficulty, as every negative vote on MNO, for instance, must be verified by myself personally first, so fake votes won’t make me change the status of a program. Anyway, good luck to everyone who joined TerraElegance which just reached the #5 spot on the list of the Top Five Popular Programs on MNO (click here to read the updated article on that). I believe they may very well climb even higher on the list if the admin keeps up the good.

CLARVIN – MOVED TO SCAM! DO NOT INVEST!

As expected yesterday, Clarvin has stopped paying completely now and can safely be moved to Scam status on the MNO monitor. The program barely made it to one full cycle, paying a measly 21.5% profit to only the very first investors, assuming there was any who joined at the very start. Everyone else just basically wasted their time and money on that scam. With so many discrepancies in the website – starting with weirdly bad English in the texts plus an actor hired to take the place of the admin in some videos, claiming to be Australian but speaking with an American accent. Nothing had made sense about Clarvin and experienced investors spotted an amateur behind the wheel and so cut their losses by not participating in this apparent quick scam. I feel sorry for anyone who lost money in Clarvin, that is unfortunately the gamble you take by playing the HYIP industry, but I believe that from MNO there wasn’t very many who joined anyway. The admin achieved nothing and I believe the industry is far better off without idiots like him.

GET PAID REPORT FOR 11/06/2014 

Here is the list of the programs from my monitor that paid me for the last 36 hours:
From MNO Sticky list: –
From MNO Premium list: RockwellPartners, FinMutual, Cryptory, RemiTrade, TerraElegance, FortunesUp, UniroyalChemical, LucrativaLimited, ProfitableMarkets, OneAdClick, AssuredAssets, WazaTrade, GenialStockExchange, GepardAlliance, GrandFX (the first payments received), ChampionsLeague (the first payment received).
From MNO Standard list:  –
From MNO Basic list: ThaiMonetaryFund, SYMTLTD, ZeusInvest, RoyalUnionInvestment, OgdenOrganization, RedLines, SuccessRoadToWealth, TrustForexTrade.

That’s all for tonight, guys. Check out MNO tomorrow for a detailed look at ChampionsLeague, allegedly involved in sports betting and ironically going to be reviewed on the day the World Cup kicks off. Thanks for your support and please stay active on the MNO ShoutBox, and by voting on MNO TalkBack. Note that you can also stay in touch and get the updates delivered direct to your email by subscribing to the news by entering your email address at the form on top of the MNO blog page, or simply follow MNO on Facebook and Twitter. Remember for the latest news from the HYIP industry check out MNO blog and monitor and always be on the winning side!