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BioTradex

By on March 22, 2013 in High Yield Investment Programmes with 0 Comments

Thanks for taking the time to check out my review of BioTradex.  Having checked on a number of the popular HYIP monitors I can see that BioTradex is currently shown as paying.  Check out my article here on why you can’t trust HYIP Monitors.

In this review I will give you an overview of BioTradex and the services and investments they offer and Ill also help you with your due diligence.  At the end of the review I will give you my investment recommendation.

On visiting BioTradex’s website I wasn’t particularly impressed by the design as it looked very much like a template you could buy and the more I looked at it the more I was sure that I had seen this design on another HYIP but for the life of me I couldn’t recount where.  The content is very convincing but like most HYIP leaves a lot of unanswered questions and a lot to the imagination.

At the time of writing this review BioTradex had been running 25 days and according to their website they had 889 accounts, deposits of $287,860.29 and had paid out $151,248.00 in returns.  I’m not sure why HYIPs feel they need to have these statistics on their websites, I assume its to convince people that many other people have invested.  Personally I think these statistics are fake.

BioTradex as their name would suggest is a trader of stock in the biotechnology sector, this is how they describe what they do:

Because we are designed for people in need of safe and profitable investments. Biotradex.com is financial institution specialized in biotechnology trading. This sector is so unique in that it provides a constant supply of volatility. Biotech companies, who are continually in the process of developing new drugs or medical devices, will often have stock prices that are doubled, even tripled, within only days.

 BioTradex offer the following investment options:

  • Beginner – Investment Min $100 Max $300 – 105% after 48hrs
  • Advanced – Investment Min $301 Max $1,000 – 175% after 4days
  • Expert – Investment Min $1,001 Max $20,000 – 330% after 3days

 Is BioTradex a Scam?

Its very hard for me to say categorically that ‘Yes!’ BioTradex is a scam.  What I can say is that there are a very large number of High Yield Investment Programmes on the internet that are scams most of those being Ponzi schemes.  Because these scam HYIP are usually set up as Ponzi schemes it means that early investors will usually see a return on their investment.  What people don’t realise is that Ponzi schemes pay old investors returns with new investors deposits.  Eventually the owners of the scam decide they have enough of the investors money to make it worth while disappearing and suddenly investors can’t get their money and support emails are not responded to.

I cannot stress enough how important it is that you conduct your own rigorous due diligence but be warned that many HYIPs affiliate their members and offer them additional rewards for bring in new members making it extremely difficult to get honest review like this one.

To help you with your due diligence I have conducted a WhoIs search against their domain, you can see the results here: http://whois.domaintools.com/biotradex.com

My Recommendation

If you are looking to make long term sustainable residual income online then you shouldn’t be investing in risky HYIPs.  Click here to watch a Free video presentation showing the same easy 3 step system that I use to make money online every day.  This same system paid out over 30 million dollars in commissions in 2012 and is growing rapidly.  Click here to be part of this today!

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