Today we have a short presentation of Oilforexinvesting.com for you. This project offers four investment plans that pay on expiry and daily:
Basic Plan pays after 1 day: 101% for $50 - $1,000; 105% for $1,001 - $2,000 and 110% for $2,001 - $5,000
Premium Plan pays after 2 days: 115% for $5,001 - $10,000; 125% for $10,001 - $15,000 and 150% for $15,001 - $20,000
Diamond Plan pays after 3 days: 170% for $20,001 - $35,000; 200% for $35,001 - $50,000; 300% for $50,001 - $100,000
Standard Daily pays for 30 days: 1.1% daily for $50 - $10,000; 2.2% daily for $10,001 - $20,000;
3.3% daily for $20,001 - $30,000; 4.4% for $30,001 - $40,000; 5% for $40,001 - $50,000. Principal is back on expiry.
Because this project offers such short-term plans, its long-term plan is extremely risky. You will receive 1.1% daily (because higher interest rates are offered for deposits from $10,000 which is just absurd), so you won't even break even during an investment period and there is no guarantee at all that you will see your principal back. The minimum deposit at OilForexInvesting is very large and the interest rate is very low (for risking $50 in the first plan you will receive just 1% after 1 day, so your profit will be 50 cents). Of course, investments in the Premium and Diamond plans are not recommended at all.
Deposits are accepted to LibertyReserve only. DDoS protection is from BlockDos and there is no SSL encryption. The offered referral commission is 8%-10%. According to information provided on the website this project has been operating since September 1, 2011, which is a long period of operation for a short-term HYIP. The website of OilForexInvesting is also not of a high quality, which means that it is most likely not aimed at long operation. Considering that a minimum deposit amount is $50, there is even no possibility to test a project with small amount, so you should think whether you are ready to risk your money.