12/06/2010. EarnForexProfit Review and Other News

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

Hi everyone! Hope you’re all having a good weekend so far. Before getting to the day’s main news stories I want to talk about a brand new program added to my monitoring page during the week was EarnForexProfit, a short term program that only launched last Wednesday so your chances should you wish to participate are at their highest at the moment.

EarnForexProfit is a fairly standard industry model for an online HYIP. Some decent enough features but also remarkable in its simplicity and lack of complications. And when it comes to short term HYIPs that’s probably the best way for it. There’s just the two plans to choose from in EarnForexProfit, both of which pay you on expiry and both of which are quite affordable.

You can join the first plan for example from as little as $5. Or, if you prefer, anything up to a maximum of $5,000. On expiry of an investment term of 10 days you get paid a total of 150% on your deposit, which is included. So in other words invest $100 today and collect $150 ten days from now.

The second plan is a little different but just as simple. This time EarnForexProfit requires a minimum deposit of $10 and allows anything up to $16,000. The investment term runs for 16 days so obviously there’s a much greater risk but if you’re prepared to take it then the reward on offer is also more generous – 200% including your principal so effectively doubling your money in 16 days.

That’s a pretty brave and bold thing to offer and I honestly wouldn’t like to guess at how many cycles a plan like this could run for. But it just underlines the need to join early if joining at all. The time was when joining early meant anytime in the first two cycles. These days unfortunately it seems to mean the first couple of days. Anyway, there’s a decent selection of payment options there for you and include AlertPay, LibertyReserve, PerfectMoney, and StrictPay. Payments are manual so will need to be requested. Once done so the admin asks for 24 hours to get it processed. Minimum withdrawal is $1.

EarnForexProfit is running off a licensed GoldCoders script and is hosted on a dedicated Staminus server, supported and protected by Koddos. They are also using SSL encryption as verified by Comodo for an extra layer of security. Contact with the admin should you have any further questions or comments can be made through the support ticketing system on the form available on the contacts page.

The name might suggest EarnForexProfit earns money in the ForEx markets, but I don’t think anywhere on the website that this is stated explicitly. All I can really see is a vague mention of being an “online investment program” with no information as to what if anything they do with your money. Which of course spells out Online HYIP to everyone, so look before you leap OK? Now more than ever you need to keep both feet on the ground while playing these games so don’t get carried away and keep it sensible.

OTHER NEWS FOR TODAY.

Saturdays are usually a quiet time for HYIP admins but actually not for those whose programs have just launched. It’s a hot time for them and they are trying to advertise their programs as good as they can to attract more investors and ensure stable growth for the long term. So the admin of AirlineFinance that was presented on my blog last night and which is paying 10% daily for 14 days and 160% after 14 days sent out the first newsletter where he thanked the first members for their support and trust for the program. He also said that they were rewarded with $1 in deposits for their trust for the program even before monitors showed Paying status. As you can see on MNO AirlineFinance shows as Paying already because I was paid the first ref commissions from James. And I must confirm that he’s pretty serious in advertising his program on the best resources including MNO by acquiring Premium listing and a tower banner which is already displayed on my blog. Probably even launching the program over the weekend was a part of his strategy so not too many members would join at the very beginning so gradual growth could be sustained for a longer period of time. Anyway, my impression of the admin of AirlineFinance so far that he’s an utmost professional in what he’s doing so we can expect some good results from his program. Here is the first newsletter from AirlineFinance in full:
“AirlineFinance Admin here.
As you are aware we launched less than 24 hours ago.
After only adding a handful of monitors I was very pleasantly surprised to see so many investors joining up and depositing even before the monitors have been paid and changed their status to PAYING!
I am very pleased the hyip community has shown me so much warmth and trust. And I really respect those investors that have taken the risk and already invested before the monitors have changed to PAYING.
I really appreciate your trust guys. If you have have an account and have made a deposit I have awarded you all each with a $1.00 additional bonus which you can use to deposit into the 10% daily for 14 days plan. My way of saying thanks for giving me so much trust so early on. Remember to keep supporting us!
I am going to do everything in my power to make AirlineFinance a soaring success. And we’re already off to an amazing start. I am a very efficient admin. I process withdraw requests very fast and I check all emails and support tickets and deal with each situation very fast.
With all our monitors we have chosen the Premium monitoring option (the most expensive monitoring option) showing that we are deadly serious about making this project a super success.
Over the next coming weeks we will be expanding our advertising campaign all over the major forums. So rest assured that we have long term plans.
In return I ask you all to support AirlineFinance. Each time you get paid, post on some of the forums. (You can check AirlineFinance where we have listed some of the discussion threads and it will be updated regularly).
Each time you get paid, go and post on the forums. Each time you get a newsletter post it on the forums with QUOTE tags (unless someone else has posted it first)
If you have any issues at all, please do not hesitate to contact me.
Happy investing everyone.
Best regards. James Hempington. AirlineFinance Admin”.

Some admins are not so smart though. Perhaps you remember that I introduced quite an interesting program last night called WorldCupBets which just launched and pays 104% after 2 days, 115% after 5 days, 140% after 10 days, and 180% after 15 days? Well, today I noticed that on the MNO Forum thread dedicated to this program (see it here) one of my readers noticed that the StrictPay account of WorldCupBets is the same than of RichWorld. Well, I checked my payout history with RichWorld and to my surprise the account number was really the same and just the name in brackets changed (which is easily done). So I’m pretty sure that WorldCupBets is coming from the same administration that managed RichWorld which was a program that closed recently and managed to pay even higher returns for 10 days. What can I say regarding this? This just proves my theory that most of the programs are run by the same admins but of course that doesn’t mean that all their programs will run for the same period of time. Just remember Roger with his highly successful InvestiMates that ran for 77 days and the total failure that followed it in InvesTomato, surviving barely a week. So it will all depend on the circumstances. However I think that was really not a smart move leaving the old StrictPay account and the investors will be quite wary now of investing in his program (which I thought had potential) and compare it with the recently demised RichWorld all the time. It might significantly affect its performance but may extend it as well. So I will not be making any predictions there and just see what will happen next.

With the launch of WorldCupBets it seems that the World football Cup is becoming a new kind of obsession among HYIP admins and members alike. For instance Forexica (reviewed here) which is struggling to revive the interest to their program after changing their plans from short-term to longer-term ones paying 1.4%-2% for 160 calendar days. So the program is seemingly becoming a bookmakers choice now because by placing your $10 bets on the score of the upcoming games you can earn some money and really try out your psychic abilities. That’s something really new and I applaud the administration of Forexica (interviewed here) for such an innovative approach. Here are some rules you might want to know before joining the betting game on specially created page):
“Hello Forexica members,
We have a great surprise for our members.
You can predict world cup 2010 matches on Forexica during of this tournament and enjoy from watching these matches.
You can trade with us and enjoy from your business on net.
You can see it on our mainpage :
http://www.forexica.com
You can access to this section with blow link :
http://www.forexica.com/prediction
Terms :
– You should predict 3 matches and place only $10 for prediction match fee. After the end of 3 matches you are the winner if all your predictions be true.
– You can join the prediction match only before it’s dead line joining time. If you join even 1 minute after dead line time we will send back your fund.
Payment term :
25% of full amount is Forexica‘s share for doing this prediction system and other works and remaining 75% is winners share that all winners will receive fund.
Winning term :
– You should predict all matches true.
We will place email address of all winners into the site (Here) after 1 hour of ending prediction match.
We will put all transactions on site.
Thanks. Best Regards. Forexica Group”.

The administration of DynFxTrade which pays 1% daily, 6% weekly, 25% monthly with no expiry on your investment is also holding a football prediction contest but unlike Forexica you don’t have to pay a penny in order to participate. Simply send your email with your prediction of the score and you can win $1 totally for free. The rules are outlined in the latest email from DynFxTrade (reviewed here):
“Daily contest result
No correct entries and we decided to offer the next contest of the day 2 winners of $1 each.
Hi Paul Your daily contest is here! and all pay out request completed
********************
Daily Fun Contest!
*********************
Today’s Match Of the Day
Korea Republic vs Greece
Predict the final score of the match.
Send your entry via e-mail (using the e-mail you join DynFxTrade with) to contest@dynfxtrade.com with the following information:-
Your DynFxTrade username :
Your prediction : for example Korea Republic 3 : Greece 3
Only submission received before the match begins will be eligible.
Prizes : 2 winners X $1 each.
We will award $1 each to the 2 correct entries. IF there is less than 2, we will award those correct entry(entries) only. IF more than 3, we will randomly select only 2 winners. Our decision is final.
We will post winners in the news section of DynFxTrade website.
Start sending your entry now!! Remember, only upgraded members are eligible to enter and if you are still a free member, you can take advantage of upgrading now and receive a 10% bonus on your first upgrade!
Have fun! DynFxTrade Team”.

LibertyReserve site was down for maintenance this morning so the admin of InvestiHeaven Dan (interviewed here) made his investors aware of that so they wouldn’t worry about their pendings to LR. Since then though everything was back to normal and the payouts from InvestiHeaven have been processed about which the admin immediately informed his members:
“Dear members,
I have just came back to process all the pending withdrawals and found out that LibertyReserve website is currently under maintenance. I finished processing AP, SP, PM payments and will process all LR payments as soon as the LR website is back online (it should be back in 1 hour from now).
I wish you all a great weekend ahead with your beloved ones.
Regards, DanB”.
“Dear members,
Ok so LibertyReserve website is back now and I just finished processing all the pending withdrawals.
Regards, DanB”.
If you might forget InvestiHeaven is currently running successfully on its second cycle paying 10% daily for 12 days and 144% after 12 days. The program has been running for over two weeks already and I hope it will last for quite a long time which should prove the viability of the admin’s strategy of increasing the maximum deposit allowed by $500 on each cycle. We will wait and see anyway! For more information on InvestiHeaven please don’t hesitate to check out my review published here.

I received an email from Alrea, the admin of Aballong program about its re-opening next Tuesday and the invitation to monitor her program again. Well, I’ll definitely do so because on my memory that will be the first HYIP that returned successfully after such a long absence. Maybe Aballong will be the next Big hit this summer? Who knows? Let’s wait and see how things work out.

After running successfully for over four months ForexNetClub (reviewed here) manage to secure its position on the second place of my ranking and is going towards the first place which will hopefully be reached soon. Today the admin of ForexNetClub (interviewed here) issued a newsletter where he outlined all the advantages their affiliate program gives to the best promoters. It was actually the first time when the update from ForexNetClub was aimed at their advertisers more than actual members. I remind you that ForexNetClub is accepting LibertyReserve and PerfectMoney along with Bank wires to the following investment plans paid on expiration: 109% after 2 weeks, 128% after 4 weeks, and 191% after 8 weeks. Here is the latest from ForexNetClub:
“ForexNetClub is happy to reward customers with 8% bonus for each affiliate they send to us. If the affiliate opened and invest funds through FNC account, we will immediately transfer 8% of the invested amount directly to your FNC account.
You do not need to have a deposit to earn affiliate commissions!
Becoming FNC Affiliate gives you the opportunity to be a part of a 3.98 trillion dollar a day industry. By affiliating with FNC, you can’t go wrong – you are promoting one of the best trading platforms in the industry.
ForexNetClub provides you with some fabulous eye catching banners to put up on your website, forum, blog or social network to attract new clients and earn completely FREE money. You will find them in the “Marketing Tools” section of your FNC account.
Do not hesitate to contact us with any question you might have at any time!
ForexNetClub Ltd. Customer Support”.

For the last 24 hours I was paid by the following programs listed on my monitoring:
MoneyTree, XaresFunds, EarnForexProfit, GroupUniversal, VezGroup, InvestiHeaven, BookmakerOffice, ReProFinance, TrumpForexClub, KaizenPortfolio, BalanceFunds, CherryShares, ForexNetClub and AirlineFinance (the first payment received).

That’s all for today and I hope to see you on my blog tomorrow with two reviews of other brand new short-term programs MoneyTree and AirlineFinance and more news from the Industry. Stay tuned and always stay on the money with Money-News-Online!