!!!!PLEASE TAKE NOTE!!!!
THIS SITE IS NO LONGER AVAILABLE – IT HAS BECOME A SCAM – STAY AWAY!!
In this review I am going to talk about Forex Paradise and my experience ever since I joined the program till to date and whether or not this project is legit or not and what other people, ordinary Forex Paradise members are saying about it. Is Forex Paradise legit or scam? Can you trust it? Read the review below to find out more.
Company: Forex Paradise Hong Kong Limited.
CEO: Stefan Hendricks
Registration Number: 2252895.
D&B D-U-N-S record number: 66-426-6842.
Address: Rm. 301, 43 San Fung ave, Sheung Shui, N.T. Hong Kong.
Phone: +852 580 33134 (Mon-Sun, 09:00-18:00 GMT+8).
Forex Paradise UK Limited.
Registration Number: 09739675.
D&B D-U-N-S record number: 22-107-1310.
Address: 30 Fenchurch Street, London, England, EC3M 3BD.
As of 23 September Forex Paradise has been online for over 959 days and has accumulated an upward of $105,271,991.00 in total deposits. To date it has 317,543 members from over 100+ countries. This is almost half a million people who have put their trust in Forex Paradise. Trust goes a long way in the online money making industry, and for you to commit your hard earned cash the company has to be worth it.
As you can see on the image above. According to Alexa Rankings Forex Paradise is ranked amongst the top 5000 sites across the globe, and under 3 000 in the United States. This goes to show just how popular the site is, it receives a ton of hits per day.
What is Forex Paradise?
Forex Paradise is a high yield investment program that focuses on forex investment and recently bitcoin investment. Forex stands for foreign exchange and in the recent years it has become possible to invest in currencies, whereas in the past people just invested in stocks, bonds, commodities, etc. Forex is a revolutionary way of trading and has changed the trading industry in more ways than one. I am a novice when it comes to Forex investing, just mere basics that I taught myself in the past. I can’t say I’m in the position of trading directly without any external help.
This where companies like Forex Paradise come to the fore. What forex paradise does is they take the money you invested and trade on your behalf. This results in you getting very high returns over a predetermined period. If you are not familiar with the markets I wouldn’t advice you take up trading on your own. As much as you can make a ton of money with Forex, you can also lose a lot of money – in a split second. This is why I leave it to the people that know how to work it.
Forex Paradise was established with that ideal in mind, to trade for the folks who don’t have all the time, or interest, or energy in learning all about the ins and outs of Foreign Exchange markets but would love the benefits that come with it. Thus Forex Paradise affords you an opportunity to invest in the company and they do all the heavy lifting for you.
Is My Deposit with Forex Paradise Insured?
Unlike a ton of companies out there that claim to be legit, Forex Paradise has a deposit insurance which ensures safety and security of your money. What’s unique about this company is that they take a small portion, 7%, of the deposits made and transfer it in third party insurance companies to ensure and protect the funds. The money transferred to these overseas banks serves as an insurance fund to the members and does not affect the accrual of active investments.
This means that if, for some unforeseen circumstances, the company were to run out of business your deposits would be intact and you would be able to retrieve your capital. Again, not a lot of companies have this offer.
Is Profit Guaranteed in Forex Paradise?
Profits are 100% guaranteed and there are no restrictions to withdraw profits. However, depending on the type of plan you have you may only be able to withdraw your funds at the end of the investment period.
Other plans like Classic 430 and Superior 1777 do allow you to withdraw your funds while in the accrual process, but some of them – esp the new special promotions – only allow you to withdraw at the end of the cycle. But at the end of the day you get your profit as promised.
At the end of the investment cycle you can choose to either withdraw all the money you invested, plus profit or you can withdraw some of it and invest it in another plan. As you can see it’s easy to grow your investment with this company. Once you get your seed money back you can now focus on growing your investment and keep withdrawing at regular intervals upon the expiration of the plan, or keep investing until you earn a certain amount a day. It all depends on your financial goals at this point.
Now let us consider the different plans or packages offered by Forex Paradise.
Below are plans as provided by Forex Paradise. They have regular specials running from time to time but the ones shared below are standard on the site. However, there may be some changes in the future and change in certain plans. This is what the site offers.
600% After 60 Days
The 600% After 60 Days plan has a maximum return of 600% including the principal deposit. Investment period is 60 days and you get paid up to 5 levels deep. Withdrawals can only be done at the end of the investment period and you can transfer your active deposit from CLASSIC 430 plan to this plan. You can also withdraw your profits using other payment method than used for investing. Accruals occur only after 60 days. As indicated earlier your deposit is 100% protected. They accept up to 10 currencies.
Superior Express Plan
The Superior Express Plan has a maximum return of 759.38% including the principal deposit. Investment period is 5 months and you get paid up to 5 levels deep. Withdrawals can only be done at the end of the investment period and you can transfer your active deposit from CLASSIC 430 plan to this plan. You can also withdraw your profits using other payment method than used for investing. Accruals are occur once a month. As indicated earlier your deposit is 100% protected. They accept up to 10 currencies.
As the name suggests the Superior 1777 has a maximum return of 1777% including the principal deposit. Investment period is 12 months and you get paid up to 5 levels deep. Withdrawals can only be done at the end of the investment period and you can transfer your active deposit from CLASSIC 430 plan to this plan. You can also withdraw your profits using other payment method than used for investing. Accruals are occur once a month.
Now we will look at the fourth one called suggests the Classic 430 has a maximum return of 430% including the principal deposit. The investment period is 154 calendar days. Withdrawals can be done anytime, as long as the minimum withdrawal amount is met. You can transfer your active deposit from this plan to other plans. Accruals occur from Monday to Friday.
Bitcoin Debit Cards
Forex Paradise has recently opened doors to Bitcoin investing and they do it in a classy way. Now you can buy bitcoin debit cards and the money you will use to buy the card will serve as an investment in return. There are different plans here as well ranging from Family, Silver, Gold, Diamond and Royal. At the time of drafting this post there were 960 Bitcoin Cards left.
The maximum return for this plan is 213.86%. Investment period is 12 months. Withdrawals can only be done at the end of the investment period and you can transfer your active deposit from CLASSIC 430 plan to this plan. You can also withdraw your profits using other payment method than used for investing. Accruals are occur once a month.
The above plans should give you an idea of how much you stand to earn to earn with Forex Paradise in the different plans. It goes without saying is that the more you put in is the more you get out. Unfortunately you can only withdraw your earnings at the end of the investment period -when your investment matures.
Which Payment Method Do They Accept?
Forex Paradise accept payments from the following payment processors.
Minimum Investment Amount
Perfect Money, Payeer, AdvCash – 25 USD or 25 EUR
Bitcoin – 0.1 BTC
Skrill, Neteller, Payza, OKPAY – 100 USD or 100 EUR
Minimum Withdrawal Amount
Perfect Money, Payeer, OKPAY – 0.01 USD or 0.01 EUR
Bitcoin – 0.001 BTC
Skrill, Neteller – 5 USD or 5 EUR
Payza – 2 USD or 2 EUR
AdvCash – 0.1 USD or 0.1 EUR
What are The HYIP Monitors Saying About Forex Paradise?
HYIP monitors are basically platforms that monitor the performance of HYIPs. So programs like Forex Paradise etc are monitored to provide feedback to the members and potential investors. This is very helpful as it helps alert other people how the company is doing and whether or not the company is paying. According to the HYIP monitors listed below Forex Paradise is Paying. Payments are instant by the way, straight into your payment processor immediately upon withdrawal.
Here’s what GoldPoll HYIP Monitor users have to say about Forex Paradise. These are ordinary investors in FP, give regular feedback on HYIP monitors such as GoldPoll to keep other people up to date so they can make an informed decision. This is the rating according to GoldPoll.com.
The list goes on and on.
What is an HYIP?
HYIP stands for High Yield Investment Program. Some people confuse HYIPs with scams. Yes there is a lot of risk involved and some HYIP programs are become scam in the process but this does not mean all HYIPs are scams. However, by the very nature of an HYIP the returns are very high so this is makes this kind of business very risky. So I would advise that if you are to take part in such a program you should invest money you are willing to lose, if things don’t go well with the company you are investing in. But most importantly, not all HYIPS are scams. They are just characterised by High returns.
Why Join Forex Paradise?
What I Like About Forex Paradise
- I like the fact that the payments are instant. I don’t like waiting for payments.
- They have added more payment processors, which gives you a lot of options as far as depositing and withdrawing funds is concerned.
- You can use a different payment processor than the one you used for depositing. That’s very awesome.
- Their website uses EV SSL encryption with an enhanced level of protection
- They have a DUNS number, you don’t get this everywhere.
- The deposits are protected and thus makes it safe to invest in this company.
- I also like the fact that they have a live chat service, 24/7, to answer questions immediately. I’m not a fan of support tickets.
- They give high return on investments (High ROI).
- There’s always specials going on.
- They have different plans for all types of investors with different financial goals.
- There’s conservative plans that take up to 12 months and then there’s more aggressive plans taking up to 5 months to mature.
What I Don’t Like About Forex Paradise
I honestly don’t like the fact that they use actors and models to give testimonials. There are so many ordinary people with good testimonials that they could have used. Having someone specifically hired to give a testimonial makes you think twice, because they were paid to give a testimonial. Then again it’s not uncommon for companies to get actors to endorse their products.
If you are looking for a place to invest with confidence and a sense of security Forex Paradise is the company to go for. It has been online for more than 2 years and paying people consistently without fail. You get astronomical ROI so it would be a miscalculation not to join this company.