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Here's a program that has just started on 28 April 2009. Private FX Robot Trading Club pools money to have it traded by 'robots' on the forex market. A robot is a piece of software that trades automatically, 24 hours a day, non stop, without emotions.
Forex trading is great but you need knowledge of the forex market, you need a forex broker account and you usually need a decent amount of money to work with. Think $500 or more. Private FX does all the hard work for you and allows you to get in with small amount. For as little as $1 you can join. When you sign up you can choose which robot(s) will trade your money. There are several robots to choose from, here are a few: - FAP Turbo
- FAP Evolution
- Forex Megadroid
- Robo Minor
- Super 7 Robots (pool of robots)
- Grid Bot
- Derivitive
- Ivy Bot
- Espionage
- Forex Autopilot
In addition you can also choose for a fixed return of 3% bi weekly (min $20 investment) or 4% bi weekly (min $50 investment).
There are two type of memberships.
1) Free membership. No cost except for a 15% withdrawal fee. You can not earn on referrals.
2) Paid membership. The ONLY cost you’ll have is the $15 monthly fee. There are no other fees. For the $15 a month you are also entered into a scrambled matrix which could earn you back your monthly fee and more. Each month the matrix is scrambled and you end up in a new position (anywhere). So each month you could get another return or even a profit. It is like a lottery. In addition you earn on referrals; $3 monthly per referral and 7.5% of everything they put into the program.
Details are on the website in the FAQ.
They take Liberty Reserve, SolidTrust Pay, Strict Pay, AlertPay and PayPal (only for deposits, not for withdrawals). Main characteristics -
You will be investing with a group of other members in real Forex markets. -
Private FX club will disclose all gains and losses on a weekly basis. Returns vary on your choice of robot(s) and period but on average I'd say they make anywhere between 5 and 15% a month.
Most 'safe' and 'conservative' funds and investments are suffering badly in the present economic chaos. People are losing their retirement savings fast. Some have lost it all already. Private FX club felt there was a need for a solution, not a get-rich-quick overnight solution. But, a real solution based on real numbers and LIVE results, a solution that is RECESSION PROOF!
You can sign up here if you want to: http://www.private-fxclub.com/Outsmart Due Dilligence Because this is a brand new opportunity there's no long track record yet. There is always some risk involved in trading forex but depending on how much you put in the risk can be very low. The person behind the program is Kevin Krause who resides in Canada. I didn't do a lot searching but the whois information of privatefxclub.info looks good. It is not much to go on but I figure that if I keep the risk low it is worth a dabble. Strategy My strategy is simple. I let my earnings compound until I made 100% profit. I then withdrew that profit and continued with my initial investment. I now withdraw half of my profits each month and let the other half compound.
Don't be greedy, if this program is build to last there's plenty of time to make some good money. Start with an amount that you are comfortable with and let the program prove itself in the long run.
If you would like to join please use my sponsor link to sign up:
http://www.private-fxclub.com/Outsmart
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