PERMANENTPROFIT SHORT REVIEW

Updated: 02/16/2011 13:38
Reprints/Permissions  Hyip Monitor
“Permanent Profit Inc. is engaged in online trading of Foreign Exchange (FX), Stocks, Stocks on Margin (CFDs), Futures. Our company is an...

“Permanent Profit Inc. is engaged in online trading of Foreign Exchange (FX), Stocks, Stocks on Margin (CFDs), Futures. Our company is an investment advisory firm that solely trades the Forex market with the objective of aggressive growth.” Permanent-profit.com was launched on January 26, 2011 which makes it quite a young program. It has an interesting feature: its investment offer is unlimited in time. Let’s take a look at it.

Investment Plans. PermanentProfit offers 6 investment plans which continue each other. The offered daily profit is 1.2%-3.2% for an unlimited period. The minimum deposit is $10 and accordingly the more you invest – the higher an interest rate is. Because the investment period is unlimited you can request your principal back anytime with 50% fee. Interest is paid for every business (!) day. Compounding is available:

  • Starter Plan: 1.2% daily for deposits between $10 and $2,000.
  • Basic Plan: even though it is called “basic” I believe it is not affordable for the majority of HYIP investors because the minimum deposit you have to make is $2,001. The maximum is limited to $5,000 and it offers 1.6% interest rate.
  • Advanced Plan offers you 2% daily in case you are ready to deposit from $5,001 to $10,000.
  • Executive Plan brings 2.4% daily for deposits between $10,001 and $20,000.
  • Professional Plan: 2.8% daily with $20,001 minimum required deposit and $50,000 maximum.
  • VIP Plan offers 3.2% daily profit for deposits of $50,001 and more.

Withdrawal process is not automated for security reasons therefore it might take up to 72 hours to process your payment request. There is no minimal withdrawal amount.

Let’s try to figure out how much you should wait to start making pure profit in PermanentProfit in case you invest $100. According to the terms, you become an investor in Starter Plan and will receive $1.2 daily for each business day. You can withdraw your principal anytime but it will be simply pointless for you to do it before 42 business (!) days pass. After 42 business days you will have $50.4 in total. In case you decide to request your principal back, you will get $50 back (50% fee) which makes your total amount $100.4. You earned $0.4. As you can see, you have to wait longer if you wish to make good money with PermanentProfit.com.

Referral Program.
PermanentProfit offers 5% referral commission for every deposit made by your referrals. There is no need to have an active deposit to earn referral commission.

Payment Options. The list of accepted payment processors is fairly short. You can make a deposit via LibertyReserve and PerfectMoney only.

General Website Features. The program uses not licensed GoldCoders script. The website is simple and easy to navigate because it is not overloaded with information and all pages are called as we are used to. All important information such as investment plans, accepted e-currencies, referral commission, news section and general info about the program is right on the main page. The registration process is simple. Permanentprofit.com is available only in English.

Security Features.
The website is SSL secured by famous Comodo and DDoS protected by also famous hosting provider Staminus. The admin of the program took care of security features and provided a high level of protection for his project.

Contact Methods.
The only way to contact the administration of Permanentprofit.com is by filling out a support form on a “Support” page. There is a live chat icon on the website however, every time I clicked on it I ended up on a support page with support form. So I contacted the admin and received a very fast reply that live support is currently unavailable and might be available soon.

By the way, Permanentprofit.com is currently listed on 34 monitors, which is actually a lot comparing to other HYIPs. All of them show a PAYING status (except for a couple of monitors that display a waiting status). It is also actively discussed on major HYI-forums. I hope now you know more about this program and are ready to make your decision in case you were hesitating. P.S. The personal forum of PermanentProfit at HYIPNews.com is here (This link used to lead to a forum, it is no longer relevant). You are welcome to leave testimonials and payment proofs there.


About the author

Lella Prior has been at HYIPNews for five years. She is an articulate, confident person who relishes challenges and working under pressure. Lella Prior has been taking much care about writing. The greatest strengths are the research, communication and writing skills Lella has. Thanks to the work at HYIPNews Lella Prior has an excellent opportunity to write good quality content.
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