Royalty7 has quit paying. Investments here are not recommended! Any questions, just ask me.
Royalty7 – Achieves Good Payment Record For Over 6 Months!
Royalty7 has been online for over 6 months now and their customers have been praising their great payment record. I added the short to medium term HYIP to our monitoring list on 5/23/2012. They are very well known throughout the HYIP industry and when I checked DTM forum, they had over 3,123 replies just on that forum thread alone! We'll talk about the plans, security and payment processors in this Royalty7 review so that you may be able to tell whether you would like to add them to your HYIP portfolio.
A lot of other programs similar to Royalty7 might have burned up by now, but this program seems to have tremendous loyalty from many different types of investors – investors that prefer both short and long-term programs. The admin has also proved that he is more than capable of handling a popular program and the support has been reported by investors as having a fast response.
The website design is very attractive. I've always liked this color on any type of website and I could tell that the admin spent quite a bit of attention to this detail. This always seems to help when it comes to popularity with the investors. Some people think that this wouldn’t matter much but it has been said many times that an admin that has quite an investment in his site is less likely to scam right away as he will want to stick around to earn his investment back. A lot of times this is true but I would just look at it as one of many factors to consider…
Royalty7 Investment Plans
There are 2 investment plans at Royalty7 that are quite simple. Although they are not similar, it gives the investor a little bit of choice as to which they prefer. One is a short term plan and the other would be considered more medium term.
The most popular, medium term plan is called The Classic Plan. It pays 7% for 22 business days and business days are Monday through Friday only. Some may think their $25 minimum deposit is a little too high, but I think that a lot of investors will be agreeable since they already have a good payment track record. The maximum in both plans discussed here is $250,000 although I hope no one would ever think to invest close to that amount.
Within a 30 day time frame, you will receive 22 payments of 7%. These payments will be equal to 154% and they have set it up so that your principal is included in these daily payments. Personally, I like it when a new HYIP program sets its daily payments up this way. A lot of programs will pay 1%-2% interest daily with the principal to be returned when the term expires. When a program like Royalty7 includes it with their payments of 7%, you recoup a little bit of your principal every business day. You do not even have to make a request for your principal to be released at the term expiration. After your payments are completed here, all you have to do is make up your mind whether you want to invest again. If you do invest again, it is always best to do it right away to keep earning that interest.
Compounding is available in this plan to those that like to use it to make more money. I always think that you are better off to take your daily payments and recoup your initial investment rather than to compound. Once you have your initial investment made back, then if you want to play around with compounding percentages – at least you have made your money back and will not be at a loss. Always better to cover yourself before you get creative!
For example, if you make a $100 deposit, you will receive $7 payments on business days -Monday through Friday. At the end of the term, you should receive a total of $154, of which $54 would be your profit and $100 would be your principal. I think that this plan is the best of the 2 plans but the next plan (just below) is okay for testing purposes or investors that really prefer a short term option.
The 2nd and last plan is called The Lite Plan and pays 110% after 7 calendar days. The minimum to join is the same at $25 and the principal is included in the final payment. If you invest $100 in this plan, you will end up with $110 at the end of 7 days. $10 will be your 10% profit and $100 will be your principal.
Just something to think about when considering both plans: This plan is usually for an investor that was only going to invest once or twice and not again or possibly to invest once for testing purposes and then make an investment in The Classic Plan. With The Lite Plan, even if you hit the time right every time and got 4 cycles in every month, you would only end up with 40% profit vs. 54% profit. The 1st plan would build your profit faster over time.
Royalty7 lists numerous activities regarding the form of income that they use to support the investments including stocks, real estate, tobacco, casino and energy-related etc. If you'd like to read a little more about it, you can find it on their homepage. I'm not going to dispute the income claims but just to say that I doubt that Royalty7 is anything else but a traditional HYIP that uses current investments to pay past investments. All HYIP programs do this and most experienced HYIP investors are okay with this. As long as you make the right investments and make sure that you are in profit before anything happens, you are usually in the position to make a good profit.
Royalty7 Payment Processors and Security
Royalty7 has a quite a few options available when considering payment processors. The payment processors list includes the following: SolidTrustPay, LibertyReserve, PerfectMoney and Payza (the old AlertPay). Considering that list, we at least know that they have gone through the verifications process that SolidTrustPay and Payza requires.
When requesting withdrawals, please keep in mind that $2 is the minimum for payouts. This means that anyone investing under $28.50 may have to wait an extra day between payouts until their account balance is at least $2. This will not affect the interest rate that you will earn however. According to the Royalty7 TOS, investors must allow 48 hours for withdrawals to be completed inside business hours which are: Monday through Friday (excluding holidays); Working Hours: 8:30AM – 6:00PM. So far, my withdrawals have been completed much faster. There have been no complaints that I know of and members are reporting quick payments. I suppose this can all depend on the amount of requests and the staff availability to handle them.
Royalty7 is running off a customized HYIP script and so far it seems like it has been pretty dependable and easy for the investors to use. The website utilizes SSL encryption with a certificate by Comodo. A few weeks back, there was a problem with the SSL encryption but it has been fixed now and there hasn't been any problems since. They are being hosted on a dedicated server which has DDoS protection by BlockDoS and they usually do a pretty good job with Hosting and DDoS Attacks. There haven't been any issues so far with BlockDoS and Royalty7, although there have been with other HYIP programs and I am currently looking into this. If I find out anything, I will post it on my blog so keep an eye out for that.
Royalty7 Support Page
Currently, support is provided by going to their support page and then filling out a contact form to submit your question or issue. Alternatively, you can send an e-mail to them which is probably almost easier. When you send in a ticket or e-mail for support, please include your Support PIN #for verification.
They have a button to click for live support at the top of the support page but it doesn't work and when clicked on, it says – Chat support coming soon!
All in all, I would say that Royalty7 has been a successful HYIP program so far. They have been continually picking up speed and have many loyal investors that continue to invest so they could be around for quite some time yet. If you decide to get in, please don't spend more than you can afford to lose and make a sensible deposit.
Please check the HYIP Money Report monitoring page before making investments in any HYIP program. Remember that spreading your investment over multiple programs will reduce your risk and increase your chances of profit. I hope you enjoyed this Royalty7 Review and come back again later to view upcoming news. Thank you.
Derek
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