This time we are going to take a closer look at a program called LionFunds (lionfunds.net). It was launched on November 26, 2010 and was added to our catalog at HYIPNews.com 13 days ago (it is currently on 29th position: http://lionfunds.hyipnews.com/.)
LionFunds is an investment company which claims to be officially registered in Dominica providing financial services to investors worldwide since 2003. All financial operations are held in the fields of stocks, bonds, hedge funds and private placements. They emphasize that they donâ€™t trade on Forex markets.
Investment Plans. There is basically one plan at Lionfunds.net and your interest will depend on the amount of your investment. The more money you invest â€“ the more profit you will have. The investment period is 180 trading days and principal is returned at the end of the term.
- LF1: 1.3% daily $10 - $1,000
- LF2: 1.5% daily $1,001 - $5,000
- LF3: 1.8% daily $5,001 - $20,000
- LF4: 2.2% daily $20,001 - $50,000
- LF5: 2.7% daily $50,001 - $100,000
- VIP: 3.3% daily Over $100,000
Pre-term contract cancellation is available. LionFunds pays for 180 trading days. You will be receiving your daily profit starting from the next business day after you make a deposit. The profit is paid on business days only except for official bank holidays in Dominica, US and EU.
Referral Program. LionFunds.net offers its clients to earn 5% from every deposit made by their referrals. You do not have to make a deposit in order to participate in affiliate program. All you have to do is open your personal account on the website so that you could get your personal referral link and receive referral commission.
Payment Options. Such e-currencies as Liberty Reserve and Perfect Money are accepted at LionFunds.net. You can also make deposit using Visa, MasterCard and Bank Wire.
General Website Features. The program runs a nice custom script which means that the administration has made some efforts to make program professional-looking. The navigation is convenient and you can find such important sections as â€œgetting started guideâ€, â€œour ratingsâ€, â€œonline security guideâ€, â€œinvestment calculatorâ€ and other. All monitors and forums where the program is listed are displayed on â€œOur Ratingsâ€ page.
â€œOnline Security Guideâ€ is something that can not be often seen on programs' websites. You will find security tips there and they will help you make safe investments and protect your personal information, computer, e-currency and LionFunds account.â€œInvestment Calculatorâ€ will give you just general idea of how your earnings will grow during the investment period. You will be able to see it on the chart after you type in desired amount, compounding rate and choose a plan.
Security Features. SSL encryption at LionFunds.net is claimed to be provided by Equifax and you can also see an icon of Dragona.net at the bottom of the website. I contacted the administration of the program in order to confirm the information about Dragonara and the response was: We use Dragonara. But we diasble this protection when our site is not under attack because Dragonara don't clean their filters and a lot of people can't access website. Please don't worry protection will be enabled in case of attack.
Contact Methods. You can find the following information on â€œContactâ€ page:
Address: 8 Copthall, Roseau, 00152 (Commonwealth of) Dominica
Voicemail: 1-714-408-7786 (If you call in non working hours, you should leave a message and a support manager will call you back as soon as possible. Don't forget to provide your phone number and question in the message)
Hours of operation of support department: Monday - Friday, 10AM - 5PM (Pacific Standard Time)
You can also fill out a support form on â€œContactâ€ page. As you can see, there are all standard contact methods except for live chat on the website.
That's all about LionFunds for now. The performance of this program has been good over the 18 days online and because it is a long term HYIP, there is a chance that we will see it next year. However, high-yield investment programs are very unpredictable and there is no guarantee at all but the fact that LionFunds.net is discussed on many HYIP forums and listed on A LOT of monitors is definitely a good sign and means that the administration has spent quite a lot of money on promotion and is going to stay in the industry (unless something goes wrong).