BestFxWorld .com - Forex Broker Review
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BestFxWorld is yet another HYIP scheme provider promising high returns with low risk. They have a range of account that goes from 0-$5000 with daily profit of 1.2%-3%. I don’t have much information about this company apart from the fact that some customers had major issues withdrawing money from them.
They seem to be a legal registered company with a postal address and a telephone number at your disposal. I won’t say that this company is a scam as no fraudulent cases were found, however, in regards to the only valid case I came across, the victim was being charged an unfair amount for withdrawal of his profit.
When taking into consideration the daily profit made (depending on the amount invested), you will agree with me that $125 for withdrawal of your profit it quite dear. But as I said, no major issues were encountered while reviewing this very newly created company (mid October 2008.
My decision to place this company in the scam section is simply because I am personally very wary about HYIP schemes. I’ve had had terrible experiences with them in the past and lost a lot of my hard earned money.
I would personally recommend not falling into the trap of HYIP schemes. It’s true that the returns are attractive, it is also true that you may collect a lot of money in a short time lapse but there is also the possibility of you never seeing your money again (just like me).
If you are ready to take that risk then I would advice you to be very careful when dealing with such a company. You may want to do a thorough search on the credibility and length of time the company has been in business.
Good luck and Happy Trading.
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