Welcome to the Forexfly.net Review. In the review we will cover this HYIP program and outline in detail what this program offers. Is the program currently paying or is it a scam? Let’s find out.
What is Forexfly.net:
Ever since our establishment, ForexFly has successfully expanded to serve retail and institutional clients in more than 170 countries – and we are still growing. ForexFly offers Contracts for Difference (CFDs) on 7 asset classes: Forex, Shares, Spot Indices, Futures, Spot Metals, Spot Energies, Economic. We provide our clients with access to top-tier liquidity and advanced trade execution with no dealing desk intervention. ForexFly UK Limited is authorised and regulated by the FCA since 2010. ForexFly Financial Services Limited is authorised and regulated by the CySEC since 2007 and by the FSCA since 2015. ForexFly Global Markets Limited is authorised and regulated by the SCB.
Forexfly.net Review – Investments:
1.7% daily for 20 business days; 2.0% daily for 35 business days; 2.3% daily for 55 business days; 2.8% daily for 65 business days; 3.6% daily for 75 business days; 4.2% daily for 85 business days; 5% daily for 95 business days;
Forexfly.net Technical Analysis:
Registrar: NameCheap Domain Registered: Apr 16, 2020 07:30 – Apr 16, 2021 07:30 Hosting: DDOS-Guard IP: 126.96.36.199 (3 Total HYIPs / 1 paying) SSL: Free SSL valid from 16 Apr, 2020 to 15 Jul, 2020 – Let’s Encrypt NS servers: ns1.ddos-guard.net, ns2.ddos-guard.net, ns3.ddos-guard.net, ns4.ddos-guard.net, ns5.ddos-guard.net, ns6.ddos-guard.net
What does Forexfly.net look like?
Forexfly.net Paying/Scam Status:
In this paragraph you will find the status of Forexfly.net on several other high-quality HYIP monitors such as HYIP-Logs.com and HYIP.biz
Please, be reminded that if any of these monitors show a warning (scam status) the program is likely to be a scam and not paying its current investors.
What is a HYIP program?
HYIP stands for High-Yield Investment Program. They have been around for a long time, and are not anything new to Bitcoin or cryptocurrency.
A HYIP is essentially a Ponzi scheme – more often than not, a scam. It involves paying returns to earlier investors with money invested by new investors. As a result, some do walk away with a positive return, if they get in early enough. However, it’s not a sustainable model. Once new investors stop coming on, the cash flow stops, often leaving a large number with significant losses.
To generate a high return, HYIPs often involve investors’ money put into high-risk ventures, such as day-trading stocks or bonds, or sports betting. A Bitcoin HYIP can work the same, except with Bitcoin or another crypto as the investment currency. Those running HYIPs are looking to benefit from an increased willingness to invest from crypto holders, as well as the cross-border payments enabled by cryptocurrency.
One common variation of the traditional HYIP in crypto is investing in a “mining pool”. The idea of this is to put money towards a cryptocurrency mining operation, with the mining rewards paid out to members. Often times these are fronts for a Ponzi scheme, though in some cases they can be real. (source: https://usethebitcoin.com/guide-to-bitcoin-hyip/ )
Our Investment in Forexfly.net
Please be reminded that we have currently not invested in this program and we can only conclude the status of this program from various other monitors. If you are the admin of this program, feel free to contact us to upgrade your listing and add advertisement to our blog.
Forexfly.net Review: Conclusion
From the above monitoring status, we can conclude that the program called ‘Forexfly.net’ is currently paying its investors and is safe to invest in. Please be reminded never to invest more than you can afford in a program, especially in the HYIP business. We hope this expertise Forexfly.net Review has given you more information on this program so you can decide whether or not to invest in this program. Follow us on social media and visit this site regularly for more reviews of the best and top paying hyip programs of 2019 and 2020.