Sunday, March 28, 2010

28 March 2010 - CredexFinance Review

NOT PAYING

Hi guys! Today I introduce yet another low ROI long term program that will hopefully suit your investment taste. The company claims to be based in Santiago, Chile with a document of establishment available for download on the front page. They invest in FoRex (30%) and international commodity exchanges (70%).Without further ado, welcome CredexFinance!


CredexFinance


The program is now online for 46 days and perhaps some of you may have already heard of the name prior to this posting. Perhaps this posting will help you notice that CredexFinance might offer something different from the crowd..

Anyway, CredexFinance offers 5 payment plans with the first being a trial plan. The first, aptly called the Trial Plan, pays 1% daily for 20 days. The minimum to invest is only $10 and caps at $100. Next plan is called the Starter Plan, and it pays 1.5% daily for 90 calendar days (Mon-Fri). If you have more funds and wish to take advantage of the program's high returns, you can choose the other 3 plans which start at $500, $5000 and $15,000, and pays 1.8%, 2.1% and 2.5% respectively. Your principal is returned to you upon expiry of your investment. Compounding is offered here, and I would recommend taking advantage of it and using it to maximize your profit. Of course, the question lies in how you utilize it. Personally I'm in the 90-day plan, and I chose 100% compounding for the 1st month, and I'll change it to either 50% or 0% for the next two.

Payment processors accepted are AlertPay, LibertyReserve, StrictPay and PerfectMoney. Flexible enough for the majority of investors, and definitely a plus point in the long run. Payouts are processed manually within 24 hours upon request, but the payouts are usually done much faster than that. I'm sure most investors are "spoilt" with instant payouts, with the launch of Euronanoinvests and ProsperityWallet which pay instantly upon request. A manual payout ensures that no cheating goes around in the system and the admin can manually verify the validity of each request.

Charity, an integral part of humanity for helping others who are not as fortunate. CredexFinance claims to partake in charity and they shell out 2% of their net profit each month to help out those in need. Non-profit organization like World Wildlife Federation, The Global Fund to Fight Aids, Tuberculosis and Malaria, and children hospitals in Santiago. The same approach was used by GoldNuggetInvest, but the difference is GoldNuggetInvest offered it as an option for the investors; CredexFinance takes out 2% each month, regardless of what the investors may or may not think, and donates it to charity. Personally I'm a charitable person, but I would definitely appreciate it if CredexFinance has proof to show that our hard-earned money is going to parts of the world that need our help. CredexFinance also posts trading results on a week-to-week basis consistently, with the trading reports of the last 6 weeks available for your perusal on the site's "Trading Results" page. Besides that, CredexFinance also offers 5% referral commission for each active investor you introduce to the program. You do not need to have an active deposit in order to earn, which is a great plus point to prolific head hunters who like to do what they do best — refer people!

CredexFinance uses a licensed GoldCoders' script and hosts the site with the service of HostKitty Internet Services. Not at all a common name in the industry, but heck, if the site's running smoothly, I don't mind if the company's hosted on Hostkitty or Hostdoggy. At least the program's up and running without a hint of Ddos attack. The site is also on a dedicated server with SSL-encryption, which enhances the on-site security.

In conclusion, I think CredexFinance is a quality long-term low-ROI program that is neither a run-of-the-mill program nor is it an exceptionally excellent HYIP. The opportunity to earn is definitely there, and you will greatly enhance your own opportunity if you join in early.

Points to note:
  • SSL-encryption
  • Compounding is offered
  • Only 46 days online — good chance to make a profit
  • Manual payout
  • 5% referral commission

  • Thanks for reading folks and hope you enjoyed the review!

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