In focus: Mega Investments, real but is it good?

by Tony Clifton   [Your Program Focused]

Most probably you have already heard about this one. Jude from NoBSHYIP network has posted an interview with the admin - Jose Gomes - here.

The program is remarkable by several reasons. Besides the name, which is a bit funny, Mega Investments is based on a simple forum software. There is no data stored online, therefore zero risk of being hacked. But this is not important. Let me first in short present you

the program details

The minimum investment is $100. It uses only e-gold. You should deposit before 25th each month in order to get in /Do not rush to invest now, it is not accidently that we post this article after this month's cutoff. Please read the full article first ;) /

The ROI is variable, entirely based on the trading - and losses are also possible. There are 20% + 10% (reserver fund) fees on the profits. The rest of it is your profit. If you don't withdraw your profits they will become part of the principal and will be subject to principal withdrawal fee which is also 20%.

The Due Diligence and Trading Proof

This time Jude and eTalkMoney have done all that is needed - the admin personality has been verified. (Another review is available from hyip-navigator. Jose is also a friend of Marcos from the trusted program Fx-Experts, who vouched for Mega Investments.

Much more interesting, this program offers live trading proof for anyone(for limited time). You can go at NorthFinance, download the software and log in with the following details:

Login: 17497
Paswword: one week
Server: NorthFinance-Real

Yes, this is not demo, it is the live trading account. It is a level of transparency I see for the first time.

So what else we should wait for? Well, the trading is real, but is it good? It uses lower leverage than FXE, but still can be called risky trading (pretty expected since it would be hard to achieve the target of 10%-20% monthly without risk).

Probably the biggest problems at this time are two. First, we have very short trading history to judge about their capabilities. The only completed month is june with net ROI 7.66%. This is good enough for me, but here comes the second problem - at the time of writing this article, the trading was at loss - considering the open trades.

Here is the time to say that the trading has been done by Jose himself and another trader - Jose said he was doing day trading while the other guy - swing trading.

Conclusion
Mega Investments is certainly very promissing considering the transparency, but it is too early to say if they can achieve positive ROI or not. Of course we should be always prepared for loses when we invest in high yield ventures. But still it looks like it would be better to wait few months and see how the trading will go. At least you have time up to July 25 to follow the ROI and decide.

Published at Jul, 24 '06 , Read 898 times.

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