July 6, 2010

FluxRates Review and Recent News

FluxRates Review and Recent News

Hello Everybody! Well, the holiday is behind us now him for most everybody is back to work tomorrow morning as usual. Darn! I know I could've used one more day. It just goes too fast you know? Today, I have a new midterm HYI Program called FluxRates to introduce to you all. It just started and is in its 2nd day so it is the perfect time to jump in this one. The biggest winners will be the ones that are getting in this week, so if you're going to get in, by all means do it ASAP!

FluxRates has 2 plans and Plan One has a variable rate of interest. It pays anywhere from 5.5% to 6.5% interest daily for 20 days. The minimum deposit to get in this plan is $10 with the maximum being $3000. I wasn't too keen on this plan from the minute I saw it as it just doesn't seem like it would be enough profit. I'm sure some people might like it but I would call it mediocre for sure. The admin adjust the rate accordingly every day according to the rate of interest that they make off of their Forex ventures that day. I will talk a little bit more about the Forex later on in the post. I'm really not liking the variable rate of interest here either as you really have no way of knowing how much are going to profit. If you deposit $100, and the Forex market is not being generous and mostly makes 5.5% interest those 20 days, then you will end up walking away with around $110 or 110%. 20 days is way too long to only make $10 off a $100 deposit if you ask me. Now, if the Forex market was paying really well and every day just happen to be at 6.5%, then you would make $130 which would be a bit better but still borderline in my opinion. The principal is included in the payments in both plans.

In Plan 2, there is a fixed rate of interest of 5.6% daily. The term is for 30 days and the minimum to join is $50. The maximum in this plan is $10,000. You can make a bit more in this plan and come out ahead but I doubt that it is going to get any deposits of $10,000 at this rate either. So FluxRates should keep the hit and runners away while giving a nice payback at the end of the term. When this program expires, the total payback will be 168%. So if you deposit $100 in this plan, you would walk away with $168 which is much better if you ask me. I could handle getting $168 a lot better than $110, but nobody knows what the first plan’s payback will be until the end. Myself, I would rather go for more of a sure thing. At least if you get paid, you know how much you are getting.

If you invest here, make sure you remember that the payments are manual so you will have to request them. The administrator here also asks that you give him up to 24 hours to process the requests.

If you have any questions, there is an FAQ page that is pretty long. So long that I decided that I would copy and paste it into Word and it ended up being 8 pages long when I got it in there. It's quite a bit of reading and actually a boring one too. If you should need support for any problems or questions you might have, there is a contacts page that you can go to, to fill out an online form to request a reply. It is located here: http://www.fluxrates.com/contact.asp?ref=2

There is not a lot to choose from when trying to pick a payment processor at FluxRates. They only offer 2 choices and they are the usual ones when there are only 2 being offered: LibertyReserve and PerfectMoney. That leaves you absolutely no recourse should the problem arise. I would just be a little bit more prudent when you decide what your deposit will be. Just count it as another game or casino and then hopefully you will be pleasantly surprised when the payouts disperse. I would look at it as another option to broaden my portfolio and make it as diverse as I can.

When I first looked at FluxRates, I liked the colors, layout and overall design of the project. It's got a clean look and the script is unique and custom made. He probably hired a good Web developer to make the site from scratch and it looks like he did a pretty good job. I haven't come across any bugs you and I have been on it several times. A quick look at the home page and I could tell that the hosting provider is Koddos and that they are keeping it on a dedicated Staminus server that has DDoS protection as well as SSL encryption by Comodo. Not a bad choice and they are very reliable too so hopefully there won't be any issues at all.

Well folks, if you should decide to deposit here, make sure that you do it as soon as possible and limit it to an amount that you can afford to be without, just in case. That way when it decides to pay out, it will be a really nice surprise. I notice there was a lot of buzz at the forums about FluxRates and people are starting to deposit while the rest are contemplating still. But I noticed that interest was really starting to peak and people were talking.

Please keep me posted if anybody has any issues or non-payments out there. If I can help, I definitely will. Just remember to use my contact form on the Contact Us page. I will see you all again later today.

Recent News
I went to the CashMiner site and couldn't pull up the page again… all night long. There is nothing being displayed tonight and it is just a page missing or error page that comes up. I thought that was odd that this was the 2nd day that it has been having so many problems. I would hold on to any deposits for right now, at least until we figure out what's going on with them. I hate to see anybody get burned at the last minute. At least this one accepts AlertPay, so a lot of them have probably deposited with that which will help protect them.

I have one request. I would appreciate it if everybody were vote on their favorite programs, especially when they get paid out from them. All you have to do is go to my monitoring page and then go to your program and click on details and then vote. I am going to be adding many programs there very soon. Thanks for helping me with that request and I will see you all again real soon!

Have a good one!

Jeff