Forex Paradise Review and Opinion

Forex Paradise
Authors Rating

Is Forex Paradise a SCAM? Honest Review!

Forex Paradise Review– To some of you who might be new to this industry the full definition of Forex stands for Foreign Exchange, and what they do is invest in currencies from around the world. Now there is some level of risk involved in this so you need to be careful on who you choose to invest with if this is something you are interested in.

 

The Hong Kong Investment company, Forex Paradise LTD, in recent times has taken to new levels. We have mostly been looking at Binary products recently as the conditions of Forex are better suited for manual trading rather than automated trading.  For a look at what Forex is all about check out Beginners Guide Edition to this Forex The Basics.

Occasionally we do get Forex Trading Bots which look realistic and can perform quite good .  In recent months and day-traders are asking us if it’s a another scam or a genuine opportunity. Read this important review before you fund an account with ForexParadise.biz by CEO Stefan Hendriks.

 

Forex Paradise is basically an investing website that allows anyone to invest in foreign currencies and make a good amount of money in the long run. If you are looking to make a lot of money overnight this is probably not for you.

 

On first look when our team navigated to the Forex Paradise website, we were completely amazed by the design, features and elements! In fact, whether or not you decide to join, you should visit the website as is something completely unique and different compared to most auto traders we have reviewed recently!

 

Forex Paradise

 

When we checked Alexa.com , this website shows a powerful ranking, currently better than most binary options brokers or services. Before you get excited, as with any offer our team decides to review, we always look for ‘red flags’, even if we can’t find any negative testimonials on the web and/or complaints by confirmed, disappointed members.

 

ForexParadise (1)

 

Deposits and Withdrawals with Forex Paradise?

Forex Paradise LTD’s minimum deposit requirement varies depending on the depositing method: Perfect Money, Payeer, AdvCash – $25 or €25 Bitcoin – 0.1 BTC Skrill, Neteller, Payza, OKPAY – $100 or €100.

 

The minimum withdrawal is as minimal as it gets based on the FAQ page: Perfect Money, Payeer, OKPAY – $0.01 or €0.01, Bitcoin – 0.0005 BTC, Skrill, Neteller – $5 or €5, Payza – $2 or €2, AdvCash – $0.1 or €0.1 while we noticed that most of the Binary Options and FX platforms set the minimum withdrawal at $100-$200 so if you ever wish to pull out with less, your money is locked, it’s certainly not the case with ForexParadise.biz.

 

They have deposit insurance in place making your deposit 100% protected. You really don’t see that very often in any kind of online investing site especially those binary sites that are almost always scams.

 

The deposit insurance is paid for through investments made. This means that 7% of all investments goes towards the deposit insurance companies. The image below will show you how this breaks down in detail.

 

zcode-forum1forex-paradise-insurance

 

Registered Address and CEO Credentials 

The website’s CEO, Stefan Hendriks is a real person and we managed to easily verify his existence, which is a ‘breath of fresh air’ after visiting so many scam sites with fake names and ShutterStock.com images.

 

They are registered as a legal company in Hong Kong and in the UK. Address: Rm. 301, 43 San Fung ave, Sheung Shui, N.T. Hong Kong. Registration Number: 2252895 Hong Kong Gov companies registry: www.mobile-cr.gov.hk, www.icris.cr.gov.hk so this is clearly not an over-night scam.

 

forex-paradise-duns-number

 

Expected Returns

There are 2 different plans that you can invest in one is called the Classic 430 and the other is called the Superior 1777. And as you have probably guessed the Superior 1777 pays more of a return then does the Classic 430.

 

The Classic 430 has a return rate of .08%-3.00% depending on which sub-plan your deposit falls under.The Superior 1777 has a return rate of 18% – a custom rate for deposits over $70,000.00 up to that there are 25 sub-plans. All rates are compounded monthly and will mature after 12 months.

 

Depending upon your initial investment, class and lots size , this expected return  will vary.  For a detailed over check out the images below:-

 

forex-paradise-classic-430 (1)

forex-paradise-superior-1777

forex-paradise-superior-1777

 

The testimonials we found are short, reasonable and seem to be posted by real day-traders. Here is an example of a very short video by a ForexParadise.biz member:

 

Phuc Quy’s review and feedback on YouTube

 

Customer Support

Support is offered 24/07 in Multiple languages including: English, Spanish, Russian, Deutsch and Italian. Members are accepted world-wide and they offer a wide range of depositing options besides CC and Bank Wire. Live Chat, Direct Phone Number and Email are available to the public: support@forexparadise.biz Phone: +852 580 33134.

 

Verdict: Forex Paradise LTD is not a SCAM!

Endorsed by Binaryoptionswatchdog.com

Your feedback is highly important to us and we would love to see members share their experiences and thoughts regarding Forex Paradise below this review. The more information we get, the better we can asses the credibility of this investment FX company.

 

Thank you for taking a few moments to read our Forex Paradise Review. If you are interested in alternatives in the binary options field, visit to check our Recommended Signals and for a list of warnings, visit our Blacklist page. Remember to share your positive or negative opinions concerning this offer and together as a community we can determine the real performance results and potential of FX Paradise.

 
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