Our review for today will be on a relatively new program called W-MT Fund. W-MT Fund was started around the middle of October of this year and appears to be gaining some good ground in the market. One of their slogans that they use is “ Not For Newbies†. So why don't we take a closer look and see if they really do live up to the slogan.
W-MT Fund claims to be a forex trading firm and they pay reasonable variable weekly profits. The plans are as follows;
MT Basic: min $5 / max $2.000 - variable from 5% to 21% weekly minimum weekly rate: 5% - minimum net profit ¹: 130%
MT Standard: min $2.001 / max $4.000 - MT Basic rate + 0.5% bonus ² minimum weekly rate: 5.5% - minimum net profit ¹: 143%
MT Silver: min $4.001 / max $6.000 - MT Basic rate + 1% bonus ² minimum weekly rate: 6% - minimum net profit ¹: 156%
MT Gold: min $6.001 / max $8.000 - MT Basic rate + 2% bonus ² minimum weekly rate: 7% - minimum net profit ¹: 182%
These are not outrageous plans by any means and I'm sure are quite attainable to a decent trader if in fact they are actually trading with the funds collected.
These plans run for 26 weeks and at the end of the 265 week term the principle is returned. The primary payment processor used is Liberty Reserve. While some may see this as a red flag I don't personally only because I know that Liberty Reserve is the preferred processor for traders because of low fees to receive and low fees charged by the broker based upon the current value of the E-currency.
The admin does appear to be active in a few forums which while instilling confidence in members doesn't always mean that they will have a good program. Although it will be a benefit on the support side of things and will also keep the thread active and giving it greater exposure to more investors.
W-MT Fund appears to be hosted on a dedicated server. A check of the whois information appears to be registered to a Mr. William Rivas from Nassau in the Bahamas.
One thing that I find to be quite appealing is the fact that the domain was registered all the way back in September of 2007 and is paid for all the way through 2012. So it would appear that W-MT Fund isn't just some fly by night project that was thrown together in a day or two.
I have had a small bit of contact with one of the admins and I've yet to receive a response as to whether or not he'd be willing to do an interview with us.
The forum posts appear to be good so far and from what I can tell W-MT Fund appears to be a very solid project. Time will of course tell the tale just like any other program out there.
I will get an interview today and send it over to the admin for him to fill out and hopefully that will shed a bit more light on this program.
Until next time Stay safe and keep earning!
