02/04/2010 Forex Net club Review!
Hi folks, its another beautiful day and we’ve got another great review for you today. . I’m really hoping that with these last couple of good reviews that we have done that we can see some long term programs come out of this. Honestly I think we will.

Today we are going to take a look at a brand new program called Forex Net Club which is by far one of the most professional sites I have seen in a long time.
The feeling that I get from ForexNetClub is very reminiscent of some of the biggest HYIP’s that we have seen over the last few years and I’ll do my best over the next bit of time to explain to you exactly why I feel this way.
Let’s start with the basics and get right to the plans that Forex Net Club offers. there are 3 plans on offer here ranging in price from 50$ all the way up to 10k and each plan can be entered with only the 50$ price tag if you so choose.
The first plan is the short term plan which run for a period of 2 weeks or 14 calendar days (including weekends and public holidays) and nets you a return of 109% after the 2 week time period is up. Certainly this is a very attainable ROI and does lend itself to some credibility for them in the sense that they aren’t offering clearly ponzi plans simply to gain attention from unsuspecting investors.
The second plan is the mid-term plan which nets you a 128% return after 4 weeks or 28 calendar days (including weekends and public holidays). Please keep in mind that with all plans here your principle is included in the return itself. Even though the site does say principle returned. Don’t get confused, 100% of that 128% is the original money you deposited.
Finally the long term plan and certainly the most satisfying, as far as returns go, pays you 191% after 8 weeks or 56 calendar days (including weekends and public holidays). As stated before each of these plans can be deposited in with as little as 50$. The only difference in them being the time frame that you have to wait to withdraw.
Forex Net Club is a legal entity registered under its parent company Forex Net Club LTD in the Marshall islands and claims itself to be a full blown financial institution. On the site we see claims of them operating since 2007 but of course without some sort of visual proof of this there is no way to really verify it. Not that it matter tremendously of course.
In addition to legal registration Forex Net Club also has an SSL through Comodo which includes a $1,000,000 identity assurance guarantee. Again I’ll remind you that to obtain this type of certification through Comodo you must submit the necessary documents to them to become verified in this manner. This also assures that all of your information is 100% encrypted in transmission while transacting on their site.
Speaking of the site I’ve got to mention that this is one of the most professional and thoroughly made websites that I’ve seen since Tradelite and I know that as soon as you start poking around inside you will see the same thing.
First off the script is gold coders and the only reason that I knew this was because I did a license check on the domain and found out that it was a licensed site. But to be honest I was really reaching to identify this script. Obviously the Forex Net Club Programmer did a tremendous job in completely transforming it. The nice thing about Gold coders is that it has always been very user friendly and most HYIP investors will have no trouble with navigation within.
More about the site itself in a minute. Let’s talk about the payment processors accepted at the moment because this again appears to be one area where some improvement could be made. Forex Net Club only accepts Liberty Reserve and bank wire as options for depositing here. I do like the fact that they accept bank wires which again means they aren’t afraid to utilize the banking system in support of their program. I’ll be asking the admin a bit more about this in the interview that I conduct with him and we will see what his reasoning is behind only taking LR and Bank wires.
Once you make your deposit you are given a few options for compounding should you wish to do so. They offer 25%, 50%, 75% & 100% compounding. Now the question just begs to be asked that if they offer compounding how the heck can they pay the return at completion? Because if this were the case what the heck are they compounding? Are they rolling you over into a new plan?
I did a bit more poking and here is the answer that I came up with. What Forex Net Club will do if you select compounding is that they will automatically reinvest a portion of your earnings into the same plan for another term. Basically it keeps you active and then I would assume that you would simply make a principle withdrawal when you are ready for the compounding to be over. I did send a support ticket about this so I will include their reply here in the review once I get it.
Should you not wish to wait until the end of your term you are welcome to withdraw your principle deposit at any time minus a 10% withdrawal fee. Again with a program this new I cant see why anyone would want to do this but nevertheless it is available to you should you wish to take advantage of it. Besides if you are waiting for the program to show red flags before withdrawing your principle early then chances are you may not get it anyhow. Just my crazy thinking though :p
Lets move on to the hosting and security because Forex Net Club is certainly no slouch in this area either. They are hosted on a dedicated Blockdos server who are known for their very good hosting and Ddos service. As stated in a review a few days ago these guys aren’t cheap and this further lends itself to the conclusion that we aren’t looking at just some rinky dink program but are dealing with professionals here.
Withdrawal requests are processed within 48 hours and are made 7 days a week 365 days a year according to the site.
Now if you are a referrer then there is an 8% affiliate commission paid for each deposit made by your referrals. This applies to free and upgraded members so it is available to everyone.
I would have to say one of the strongest points that Forex Net club has going for it is its tremendous support capabilities. Not only do they offer email and live support but they also have a phone number which you can call 9am-5pm M-F EST. Anyone who is familiar with phone numbers though, especially if you are from New York, will recognize this prefix right away. Actually in my experience I’ve only ever seen a 347 area code for cell phones but I could be wrong. Chances are that management wanted to have a New york phone number and this was the one that they were assigned. In any case its quite clear that Forex Net Club has gone above and beyond the call of duty when it comes to support which will be a huge deciding factor for their growth in the future.
Now onto the subject of investments because this is an area that is always touchy and is almost always taken with a grain of salt around this industry. Forex Net Club Claims to be performing Forex trading which is of course something we hear a lot of. Honestly if I were you I wouldn’t put too much stock in this. In the HYIP industry its rare that we actually see a company that is trading so I would more focus on the strong points that the website holds which are many as opposed to their claims of outside income. Of course when we interview the admin I will be sure to ask him about this and who knows, he might surprise us right?
In addition to all of this ( yes I’m still blabbering on) they have a really impressive online tutorial which will be great for newbies to online investments. They walk you through step by step on how to open an LR account, Fund an LR account, open a Forex Net Club account and how to fund your Forex Net Club account. Again the quality is in the details folks and if you are willing to look you will certainly see a lot of quality here.
Normally I wouldn’t be as enthusiastic about reviews as I was with Forex Net Club but as I continued to research I continued to be more and more impressed with what I found. Of course please keep in mind that the features that we go over are the ones that everyone will notice and so it will increase the popularity of the site over the long term.
That’s all for today folks. My fingers are about to fall off and my keyboard is screaming at me to stop all this typing so I think ill take a break
Stay tuned for upcoming interview with the admins of Saza Investments, Mandarin Invest and Next Gen Market with of course some reviews of great new programs right around the corner.
My pending payments from BountiQuest were paid this morning also so all seems to be well there still for now.
I added a new program today to the monitor called 9dailysurf. the admin asked my opinion on a few things but my main advice to her is that the surf industry is tough right now. But we shall see how it goes. I’ll get a review up later on this week.
i was paid this morning by Weekly Dividend, Diamond Trade and BountiQuest.


















Entries (RSS)