According to the legend of Fxlocker, it is engaged in Forex trading (that’s clear from its name). It is a long-term HYIP that offers up to 1.3% daily for 120 business days and principal returned on expiry. It’s been online since November 27, 2011, accepts LibertyReserve and PerfectMoney, offers low referral commissions of 2.5%, pays on business days only, and information about its security features such as DDoS protection and SSL encryption was not found. Here are the plans:
- Bigginer (I suppose the admin meant to spell “Beginner”): 0.6% daily for 120 business days and $10 minimum.
- Advanced: 1% daily for 120 business days and $500 minimum.
- Master: 1.3% daily for 120 business days and $1,000 minimum.
The website of Fxlocker looks ordinary, so as the project itself. The fact that there are spelling mistakes is disadvantageous for any project, especially when those mistakes are so obvious (naming the plan “Bigginer”). When an investor sees this word, all he may think about is that the admin of this program hurried so much to make a website that he didn’t even check all mistakes (or didn’t pay anyone to check). So, the only conclusion an investor can make is that the admin hurried to start operating to collect some money and leave and doesn’t have any serious intentions to stay for a long time.
However, as we know from experience, many high quality projects operated for shorter periods of time than the worse made ones, and considering that the interest rates are very low, Fxlocker may continue operating the next year (of course if that’s the admin’s aim).