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My review of the EurExTrade high yield? income program (HYIP). EurExTrade is owned and managed by Eurex Capital Corp. and was founded in Panama City, Panama in 2002. Became a registered Panama public corporation in 2007. The original eurextrade.com domain name was created in 2009, but was changed to Eccpub.com on 4/24/2012 and expires on 4/24/2017. Their servers are located in Dallas, TX and Eurex Capital Corp has 10 offices located in Europe, Russia, Africa, and South America. Since 2002, Eurex Capital Corp. has been serving private and institutional investors, as well as a number of pension funds. The company has over 4 billion in combined assets under management and it is best known for its strategic growth investments using proprietary micro-hedging (TM) software technology.
How Do They Make Money? Eurex Capital Corp. are a broker company engaged in trading on the Forex (currency exchange trading) market, capitalizing on daily currency pairs price movements. Mostly on short term based positions and on occasion on, global events driven, long term profitable projections.
Eurex Capital Corp opened the EurExTrade online platform in 2009, to accommodate the investment needs of smaller scale investors (like us), to whom developed investment products would not have been otherwise available, due to high initial investment requirements. They also did this to extended the company's trading capacity (capital).
How Does It Work? They trade the EurExTrade account capital, every business day (a business day is Mon-Fri, excluding legal Holidays) in the Forex market. They then pay out a percent of the daily Forex trading profits to all the vested EurExTrade members (usually .35% to 2.9%). They require a minimum investment of $10 and have four levels of investment:
A- Investment $10 to $500 - 50% share of daily profit (safest plan)
B- Investment $501 to $5,000 - 55% share of daily profit
C- Investment $5,001 to $20,000 - 65% share of daily profit
D- Investment $20,001 to $50,000 - 75% share of daily profit
You are also allowed to withdraw your original investment at any time after 25 days, but you must remember that your original investment is a 241 business day (approx. 11 months) investment contract. And you will have to pay a termination fee on your investment as follows:
# withdraw principal between 25-100 business days - 65% fee will apply; 100-124 business days - 50% fee will apply; 125-150 business days - 30% fee will apply; 151-199 business days - 20% fee will apply; 200-240 business days - 10% fee will apply; on or after 241 business day - no fee will apply.
You can also set your daily earnings to add to your original investment (compounding) and you can set this rate from 0% to 100%. All deposits and withdraws are by LibertyReserve, PerfectMoney, or DirectDeposit. Their affiliate program pays up to 10% on deposits of referred members.
What I like - You only earn commission once from your referrals, from the money that they invest, and not from their daily earnings which helps keep the program more self sustaining. There is no minimum withdraw amount and you can withdraw earnings daily if you like. You can set your daily earning compounding rate from 0% to 100%. You can withdraw your original investment at any time after the first 24 business days (but remember the termination fee could cost you up to 65% of your original investment). The fact that they have been paying daily (business day) for over 2 years now and that they do not guarantee a set daily earning percent (more of what I would expect from a REAL investment company).
What I do not like - I can not find much wrong with this investment program, but if I must I guess the fact that it could be a very slow growing investment (as low as .35% daily) and the long term of the investment (11 months without early termination cost).
My option - Unlike most HYIP program I have seen, I feel that this one has only MEDIUM RISK and should be around a lot longer than most HYIP programs. Because of this I feel that it was worth giving EurExTrade ( http://eccpub.com/?partner=greentrees) a try. In fact, I have put in $200 (four times more that I normally invest in most HYIP programs) just today.
Like all HYIP programs I invest in, I have set my compounding rate to 0% and will withdraw all my earnings monthly until I receive my original $200 investment back. After which time I will chance my compounding rate to 75% and withdraw 25% of my earnings each month, allowing my account balance to grow. I will update you on my blog in another 2 months (that approx. another 42 business days) on how it is going.
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