PipsFund Review — Closed

August 29th, 2012 admin

Site Launch: On August 23, 2012 this program was introduced in forums HOWEVER I believe they were still working on the script and the actual launch was August 28, 2012.

Break Even Point: The Break Even Point on their one plan is 50 Days

Contact Details:

admin@pipsfund.com

The site states:

Welcome to PipsFund!

We are now ready to accept new investors from all over the world into our investment group. PipsFund’s traders have been investing in the Forex market for several years, especially on the USD/GBP pair and special techniques joining both technical and graphic analysis have been developed to ensure our strategies’ efficacy and lowing the risks involved.

Trading Forex is always a polemic business as many people claim to have lost money on it but that usually happens because people are not able to control their greediness and that’s one of our main differences; one of the main reasons we opened PipsFund was to increase our investment capital and decrease our risk level, which is already now. In simple words, the bigger our program gets, the safer your investment becomes.

Our profits are shared with our investors via one single investment plan paying 2% daily for 120 calendar days and your initial investment is returned after end of this period, giving you a net profit of 240% in only four months. Our page is hosted on a top-notch dedicated server with SSL encryption and a powerful DDoS attack protection. You can invest at PipsFund via LibertyReserve, EgoPay, PerfectMoney or SolidTrustPay and the minimum investment is only $1. You are also welcome to invest using a bank wire if you are investing a minimum of $5000, this limitation exists because of the fees involved in the process of moving our funds from our bank accounts to our trading accounts are quite high.

For more details about PipsFund and its strategies, please refer to our page and if you have questions, don’t hesitate to contact our support department who will be pleased to answer you and guide you on the process of becoming a part of our group.

We know there are hundreds of misleading opportunities on the internet and it’s perfectly normal to be afraid to start something new, we were as skeptical as you are when we first started to trade in Forex but today we realize that it doesn’t take a lot of money or a genius idea to become successful, all you have to do is take action, stick to the decisions you make and don’t be afraid of unknown paths, specially when you have someone, like PipsFund, to show you the way.

We hope to see you as a part of PipsFund soon!
PipsFund Administration

Script:

Licensed and customized GoldCoders Script

Design:

Nicely designed site allowing easy navigation.

Plans:

PipsFund offers one plan only no matter the amount you invest. Your principal will be returned upon completion of that plan.

Minimum/Maximum deposit:

Investments start from $1.00

Compounding:

When they launched Compounding was NOT available. They have now added Compounding but BEWARE — it has been set at 50% by default.

Principal Withdrawal:

Your principal will be returned upon expiration of your plan.

Payouts:

All withdrawal requests are checked by their team and will be in your ecurrency account within 24 hours.

Trading/Calendar Days:

They pay seven (7) days a week (Calendar Days)

E-currencies accepted:

PipsFund accepts Liberty Reserve, Perfect Money, Solid Trust Pay and EgoPay. You may also send a bank wire — please provide yur details to their support team.

Site Information:

They go into detail about Forex trading, etc…for me, they are HYIP. If you are looking for transparency you won’t find much here.

Dedicated Server:

Yes. They are on a dedicated server

SSL Certificate:

SSL is verified by Comodo, Ca. Limited

DDOS Protection:

Protection has been changed from AntiDDos to Black Lotus!

Referral Program:

PipsFund offers a two level affiliate program paying 4% commission for first level and 1% for second level.

Support:

In addition to the standard Support Ticket have:

Email: admin@pipsfund.com

They state Live Support is available but has said “Leave a Message” when I visited.

Main Forums

MoneyMakerGroup

Talkgold

DreamTeamMoney

Comment:

PipsFund took their time and finally they have launched their long-term program in the HYIP arena. You’ll find all of the things we look for such as Licensed Script, DDOS protection, SSL and the all-important sustainable ROI.

Once you register and visit your members’ area you will see a couple of things that aren’t usually offered. The very first thing you will notice is the “Live Group Chat” where you can chat with the Admin or other members. Since there isn’t much transparency with this program I feel that’s definitely an asset. Also you will find “Internal Transfer” where you can transfer funds to a family member or friend plus they offer the option for additional “Security”. Just click on that tab in your backoffice and you can enable “Detect IP Address Change” or “Browser change”. Nice features.

They offer ONE PLAN ONLY…no matter what amount you invest so let’s take a look:

PipsFund offers the Forexa Plan that pays 2% daily for 120 calendar days so you’ll be paid weekends and holidays, as well.

Let’s imagine we invested $100 in this program. We would receive 2% or $2.00 each and every day. Once you reach Day 50 you will have reached the Break Even Point…that’s the point where you have received accummulated profit equal to your original investment…in this case $100. For the next 70 days you will receive your $2.00 per day which is now “pure profit”. At the end of the 120 calendar days you will have received 240% ($240.00) in accumulated profit (which you have withdrawn daily). Now you receive your original principal back, as well. So you will have a total of $240.00 accumulated profit + $100.00 principal return for a grand total of $340.00.

When I was checking all forums, etc to prepare this review I noticed MMG especially had a large number of regular investors making comments. Perhaps investors are waiting for a good-looking, sustainable long-term program and with their nice promotion going on it should help bring them to the forefront of the HYIP arena.

We have had a shortage of good looking long-term programs so if you are one who likes long-term programs or simply want one to fill your portfolio perhaps this is one for you. Take a look and see what you think!

Enjoy reading about PipsFund…use funds only put aside for high-risk investing…always Play Safe!

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31 Responses to “PipsFund Review — Closed”

  1. Amanda says:
    August 29, 2012 at 5:09 am

    PipsFund Review Published!

    Reply
  2. Amanda says:
    August 30, 2012 at 12:52 am

    Compounding has been added to PipsFund which I discovered by reading the “member chat”. I personally am not a fan of compounding unless your deposit is very small but I know many will be happy to hear that.

    Reply
  3. Amanda says:
    August 30, 2012 at 2:43 am

    BE CAREFUL — PipsFund has added Compounding and it is set at 50% by default!!!!!!!

    Reply
  4. Paul says:
    August 30, 2012 at 11:50 am

    when you say be careful, do you think they are going to scam

    Reply
    • Amanda says:
      August 30, 2012 at 6:33 pm

      @Paul. No, has nothing to do with how long they will stay.

      The “be careful” is regarding the Compounding, which I am told is mandatory?? It is actually set at 50% by default so you need to change it manually. There is one thing that is strange…compounding can only be set from 1% through 100%…I didn’t see 0%? Compounding was added AFTER the launch and not available when I reviewed the program…and now there is mandatory compounding of, at least, 1%. Just something I’ve never seen before.

      Reply
  5. Amanda says:
    September 10, 2012 at 4:32 am

    I made a small deposit to PipsFund today:

    We have successfully received your deposit Perfectmoney to Forexa.

    Your Account: U2387187
    Batch: 11441518
    Compound: 0%.

    I will keep you informed when I withdraw.

    Reply
  6. Amanda says:
    September 11, 2012 at 2:21 am

    Newsletter from the Admin of PipsFund, Jerry Huggins:

    Dear investors,

    Approaching two weeks of existence, PipsFund is experiencing very strong and stable growth levels with over $30,000 in total deposits, 1,500 registered members and over 1,000 active investments. Our site has been listed in more than 10 forums, blogs and monitors and our campaigns to advertise PipsFund have barely started. We strongly appreciate those who have been promoting our program; we have paid out over $850 in referral commissions, which means at least 70% of our members were directly referred by someone.

    Our trading results for these past two weeks were very positive since our investment capital was increased with your investments and even though we are at a very early stage of this project, the influence of PipsFund begins to positively show in our trading accounts. We are expecting a huge increase in our profits over the next few months if we manage to maintain our current growth levels. For those who are used to Forex trading, our total profit was of about 500 Pips and over 300 of them using USD/GBP pairs as usual. For those not used to these terms, please visit our main page and watch the video explaining what a pip is, it will help you understanding more about the type of business we are into.

    One of our main focus in terms of advertising are social medias such as Facebook, our marketing responsible launched a few campaigns to draw attention to our Facebook page and as a result of this campaign, we have over 1,100 likes on our page and almost 100 direct signups coming from that. We will continue our campaigns and expand them to other social medias shortly, they are a way of becoming closer to you, our partners, and, at the same time, promoting our business for people not used to online investments. We want to create a global community on PipsFund and our support team has been trained to deal with beginners and guide them through the entire process of opening an account, funding an e-currency account and collecting profits from our program.

    Several members have contacted us about our bank wire transfer option and we would like to clarify that the minimum investment via bank wire is $5,000 and the minimum withdrawal is $1,000. The same rules for e-currency investments apply: compounding is available, you can reinvest using your account balance, you can only get paid by bank wires and your initial investment will be returned at the end of the investment term as usual. We accept bank wires from the entire world and the processing time depends on the bank that issues the transfer, it varies from two to five business days and the same applies for withdrawals.

    Our next newsletter will be issued within two weeks, when PipsFund will celebrate its first month online and our goals for the next two weeks is to double the total amount invested and have at least 2,500 registered members and, of course, maintain or even increase our activity rate. Thank you for those who trusted us with their funds and time, your success is a reflection of ours and we will do our best to guarantee the best results for everyone.

    Our job is to make you succeed and hard work is the only path that will take us there no matter what we face during our journey.

    We wish you all a great week,

    PipsFund Administrator
    Jerry Huggins

    Reply
  7. Amanda says:
    September 21, 2012 at 1:47 am

    First payouts from Pips Fund:

    07:55 20.09.12 Account Receive USD from account U2670756. Batch: 11754658. Memo: API Payment. Withdraw from PipsFund.

    08:05 18.09.12 Account Receive USD from account U2670756. Batch: 11700426. Memo: API Payment. Withdraw from PipsFund.

    09:37 15.09.12 Account Receive USD from account U2670756. Batch: 11630046. Memo: API Payment. Withdraw from PipsFund.

    Reply
  8. Amanda says:
    September 26, 2012 at 4:07 am

    More payouts:

    08:21 24.09.12 Received Payment USD from account U2670756. Batch: 11889888. Memo: API Payment. Withdraw to MinAmanda from PipsFund.

    12:23 22.09.12 Received Payment USD from account U2670756. Batch: 11828627. Memo: API Payment. Withdraw to MinAmanda from PipsFund.

    07:27 21.09.12 Received Payment USD from account U2670756. Batch: 11788276. Memo: API Payment. Withdraw to MinAmanda from PipsFund.

    Reply
  9. Amanda says:
    September 28, 2012 at 4:29 am

    PipsFund — one month online:

    ONE MONTH ANNIVERSARY

    Dear investors,

    It is with a lot of joy that PipsFund has now been online for one month and we have to say we are off to a great start. Our growth curve is pointing straight up with over 2,500 registered members, about 1,800 active investments that, together, put up over $60,000 in total deposits during our first month of activity.

    Based on the geographic location of our investors, we are slowly introducing new languages to our site. As of now, you can read all our pages in English, Russian, French, Spanish or German. We believe providing this type of service brings us closer to you, our customers, and we know we have a lot of work to do if we want to get closer to all of you but we are sure this is a good start for our strategy.

    We have also installed a new support ticket system that will allow us to give you a better treatment whenever you need us. This system is called osTicket and instead of treating all tickets at the same place, they are directly assigned to one of our agents who will be able to solve your problem immediately and personally follow-up your requests. This system makes sure all our agents have the exact same work load and allows you to keep track of message as you receive a ticket ID right after submitting it.

    As we said in our previous newsletter, over 70% of our members are directly referred by someone and to make this rate even better, PipsFund is launching its representatives system. A representative is someone responsible for taking care of people with little to none experience in the online investments industry and personally guide them in the entire process. This position requires patience, discipline and good people skills so, if you feel you can provide a good service of this type, please contact us at representatives@pipsfund.com to let us know why you would like to become a representative and what are your ideas for promoting our program. The compensation for being a part of our team is a 10% commission on your first level referrals, paid at the last day of every month. Monitors cannot apply as a representative, all other investors are more than welcome to apply but keep in mind that we have a limit of 100 representatives for now and we will try to have people from as many count ries as possible in our team and, together, build a multi cultural welcoming environment for new investors.

    Some of you have requested proof of our offline activity before the launch of our online version so we uploaded our certificate of incorporation. You can see it in our Frequently Asked Questions page.

    Our marketing department has also just released a new splash page to help you promoting our program; this page contains all the basic information about our program and its goal is to show people what PipsFund has to offer so they can go to our page for more information.

    You might have noticed that we slightly changed our members’ area to give you a better understanding of how our compounding and withdrawing system works since we’ve been receiving many questions about it. If you still have questions after reading it, don’t hesitate to contact our support team and, as usual, we will be ready to answer you!

    As you know, by the end of our second month online, we will already have some members in profit and we couldn’t be more excited about it, we can’t wait to see with our own eyes the changes we are making to our investors lives. Of course dealing with investors and bringing them profits is not something unusual for our team but, bringing it to hundreds of people from all over the world at once is a very encouraging journey and knowing that, in a few months, PipsFund will be responsible for changing the financial situation of thousands of people, including our own, encourages us like nothing else does.

    Making decisions can be hard, especially when they involve your own future but, knowing that there is someone out there counting on you should give you excitement and make you commit to your choices. This is why we believe PipsFund is such a perfect connection: you are counting on us to change your financial reality and we need you to give us a positive growth perspective and will to keep working hard. We strongly believe that this mutual agreement is what will take PipsFund to the top of this industry and put us in a leading position in a matter of months.

    As we always say, the greatest adventure is what lies ahead of you and we couldn’t be more excited about being on board of this adventure with you.

    We wish you all a great week,
    PipsFund Administrator
    Jerry Huggins

    Reply
  10. Amanda says:
    September 29, 2012 at 5:09 am

    Received another withdrawal:

    09:30 27.09.12 Received Payment from account U2670756 to account U2387187. Batch: 11992567. Memo: API Payment. Withdraw to MinAmanda from PipsFund.

    Reply
  11. Amanda says:
    October 4, 2012 at 6:11 am

    More payouts:

    08:32 29.09.12 Received USD from account U2670756 to account U2387187. Batch: 12055969. Memo: API Payment. Withdraw to MinAmanda from PipsFund.

    09:07 04.10.12 Receive USD from account U2670756 to account U2387187. Batch: 12214256. Memo: API Payment. Withdraw to MinAmanda from PipsFund.

    07:40 02.10.12 Receive USD from account U2670756 to account U2387187. Batch: 12157082. Memo: API Payment. Withdraw to MinAmanda from PipsFund.

    :)

    Reply
  12. Amanda says:
    October 9, 2012 at 2:19 am

    Another payout from PipsFund:

    08:58 08.10.12 Received USD from account U2670756 to account U2387187. Batch: 12330172. Memo: API Payment. Withdraw to MinAmanda from PipsFund.

    Reply
  13. Amanda says:
    October 13, 2012 at 4:39 am

    I’ve been paid again by Pips Fund:

    21:50 11.10.12 Received Payment USD from account U2670756 to account U2387187. Batch: 12440886. Memo: API Payment. Withdraw from PipsFund.

    Reply
  14. Amanda says:
    October 18, 2012 at 1:33 am

    Paid again from PipsFund:

    08:15 16.10.12 Received Payment USD from account U2670756 to account U2387187. Batch: 12559647. Memo: API Payment. Withdraw from PipsFund.

    Reply
  15. Amanda says:
    October 20, 2012 at 4:29 am

    I’ve been paid:

    08:39 19.10.12 Received Payment USD from account U2670756 to account U2387187. Batch: 12672570. Memo: API Payment. Withdraw to MinAmanda from PipsFund.

    Reply
  16. Amanda says:
    October 21, 2012 at 2:56 am

    For your information:

    Something totally unexpected happened…and it isn’t the fault of Pips Fund. It seems the hosting and DDOS protection provider “AntiDDOS” has been closed. All of the sites hosted by AntiDDOS are down — that includes Pipsfund, Agrofinance and Perfect Finance (these are some popular ones but there are more, I’m sure).

    Now we’ll see what kind of Admin Perfect Finance and Pipsfund have. If they are concerned about their programs they will be searching, as we speak, for new hosting and DDOS protection — we need to allow some time as this isn’t done instantly. I’m hoping this will be solved over the weekend.

    Reply
  17. Amanda says:
    October 24, 2012 at 2:34 am

    Paid again:

    23.10.12 01:49 Received Payment USD from account U2670756 to account U2387187. Batch: 12793337. Memo: API Payment. Withdraw to MinAmanda from PipsFund.

    Reply
  18. paul says:
    October 25, 2012 at 11:17 am

    Hi Amanda, I cannot access pipsfund ? can you help? Thanks Paul

    Reply
    • Amanda says:
      October 26, 2012 at 3:37 am

      @Paul. Sorry for the delay in answering as I was away today. PipsFund comes and goes because of the HUGE DDOS attacks on AntiDDos.biz. I have been able to access it now and then…sometimes it’s a little slow. Right now it’s fine. If you continue to have problems you may need to:

      1. try a simple F5 (Refresh)
      2. Clear your cookies (clear cache)
      3. If all else fails you can flush DNS — do you have those instructions from before? If not just let me know and I’ll post that again. (Command Prompt — ipconfig /flushdns

      Please let me know.

      Reply
  19. paul says:
    October 26, 2012 at 10:55 pm

    thanks i am able to get on again. Paul

    Reply
  20. Amanda says:
    October 28, 2012 at 3:27 am

    I see PipsFund has changed their hosting to BlackLotus…I’m sure they were getting upset with all the downtime. All is well with their site now!

    Reply
  21. Amanda says:
    October 31, 2012 at 9:22 pm

    Newsletter from the Admin:

    Dear Investor,

    It is a great pleasure for us to say that Pips Fund is now approaching two full months of online activity and our results so far couldn’t be any better. As we compose this newsletter, we have over 165k in total deposits and over 4000 registered members, surpassing our goals for the given period by over 50% in terms of number of registered members. Over 2300 of this 4000 registered members have at least one active investment and a rough estimative says we have around 400 investors already in profit.

    We established long term goals for Pips Fund and the results we had for these first two months give us a very positive perspective of what is coming our way. By the time we write you our next newsletter, which should be in about two months from now, we expect to have at least 500 members in profit.

    Some of you may have noticed a few instabilities in our server last week and the main reason for that is that we were transferring our data center to a stronger and even safer host provider and also acquiring anti ddos attack protection from BlockDos instead of our old provider since they are more reliable and have a much better uptime. We expect an even better uptime from now on and we apologize for any inconvenience this might have caused you.

    With the elections in the USA, the USD/GBP market has been a little reluctant in the past few weeks as there are many uncertainties that cannot be perfectly quantified with financial indicators but still our profit level points up since our trading strategy combines both graphical and technical analysis and our technical knowledge takes into consideration political aspects of any type since they can have a huge influence on financial markets such as Forex but even given these small issues with the market lately, our traders have managed to keep our profit curve pointing straight up. Loosing is a part of Forex trading but ending up the day in a positive way is a part of our goal and so far we managed it with great success.

    The main reason to launch our representatives program was to increase the rate of investors joining PipsFund who are directly referred by another investor and indeed now over 82% of our investors have been directly referred, instead of the 70% we had before its launching. Right now we have over 100 representatives from 40 different countries and some of them have sent us some links for the activities they have been developing in their home countries such as blogs about PipsFund, discussion boards, Facebook pages and groups, investment teams to help people earning also by referring new people to the business and private mail lists with the latest news about our program. These are some ideas for those of you who are a part of this privileged class of PipsFund investors. If you have something special and want to share it with us or if you need funding for a certain type of advertisement campaigns, don’t hesitate to contact us at representatives@pipsfund.com and we will discuss your idea in details to find a solution that fits us both.

    Some of you who are in profit have sent us your success stories and plans for the money you are going to make with PipsFund and your messages of this type are a huge incentive for our team. Of course we opened PipsFund to make money and decrease the investment risks for ourselves but after all, we are walking this path together and knowing that you, our partners, are making money, only means that so are we and that our business model is a complete success. The path is long and it will take years of hard work and obstacles crossing to reach the top but our team gets stronger and stronger every day, giving us a huge confidence level to be get there. In fact, time goes by so fast when we are busy that these two months online passed by so fast and that’s the reflection of the hard work we have been putting into it.

    We appreciate what you have been doing for PipsFund so far and we will make everything impossible to make sure all of you will achieve and/or create new financial goals by taking part in this venture.

    We wish you all a great week,
    PipsFund Administrator
    Jerry Huggins

    Reply
  22. Amanda says:
    November 1, 2012 at 5:39 am

    I’ve been paid:

    07:45 30.10.12 Received Payment from account U2670756 to account U2387187. Batch: 12997637. Memo: API Payment. Withdraw to MinAmanda from PipsFund.

    Reply
  23. Amanda says:
    November 4, 2012 at 2:33 am

    I am seeing paid posts but I have also seen one or two that say their withdrawals are “pending” (but I cannot verify this). Because I only withdraw every two or three days I have no pending so cannot use my own withdrawal for verification.

    I just want you to use caution for new investments — let’s make sure all withdrawals are up-to-date.

    Reply
  24. Amanda says:
    November 5, 2012 at 2:50 am

    Please don’t invest…I’m seeing more “Not paid” notices.

    DO NOT INVEST!!!

    Reply
  25. joyyen says:
    November 5, 2012 at 9:43 am

    i cannot log-in to my account it keep bounce back to main page !

    and yes i have 2 pending withdrawal

    Reply
  26. Lydia S says:
    November 7, 2012 at 1:12 am

    I am new here so I don’t know what website to put, anyway I invested also with PIPSFUND and I have a referral that want to invest at least 5K. I have been trying to get to pips fund website and I cannot even open it since yesterday. Is there something wrong? Are they on the way of
    disappearing like global oil fund?
    Thanks and if I cannot open this forum again could you sent your reply to my email address?

    Reply

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