Just got this message from Forex4Free admins:
"In a few days we are going to send out 1500$ to each account registered here in order to distribute the commission.
In the 1st level you'll get 10% that means 150$ for each new REF, 2nd Level its still 75$ and 3rd Level 45$
Send out your links, this is the last chance to grab an account here, we will close here for new sign ups soon.
Please make sure that you are able to login if not please register new with a different email address new. Send a note to all your downline too.
We want to have everything fixed by the 1st of December."
By December 1 they will be closing out all old accounts. The new registration for the new website will be your only account, so it is important for old members to sign up the new one here:
http://www.forex4free.biz/?language=english&ref=darquoy
New people can still register the old site. Everybody who will sign up on the old site or are already signed up, will get 1500$ on the 1st of December. You only need to sign up and wait until you get a newsletter with further instructions. Old Site can be accessed/registered here:
http://173.192.210.85/~forexfre/?language=english&ref=darquoy
Also, they have never asked for our tel. number, address or social security number. All they ask for is real name, user name, password, email address. Nothing to worry about.
So to recap:
Forex4free.org (old) New people are able to get 2 different accounts before Dec 1. Everybody who will sign up on the old site or are already signed up, will get 1500$ on the 1st of December to be traded in a managed Forex account. You only need to sign up and wait until you get a newsletter with further instructions.
Forex4free.biz (new) The new site will have to be registered by anybody being a member of the old site. Depending on how their FX trading is going, every user will get money into his account, for free. As soon as your balance will reach 500$ you'll need investing it into the plan, then ref commissions will be paid out. 25$ for each new user 4 levels deep.
Strictly one account per person (1 old - 1 new account), but you can have your family members sign-up and earn you bonus funds. Pass these instructions on to people you are inviting in.
NOTE: For eventual support you may join their very active Forum, please register here:http://forex4free.forummotion.
Note! (May 11)
New Domain has been registered! All old members need registering again on this new site. No worries... Old earnings/referrals won't be lost!
The old program gave you $200 - and you never have to spend a penny! You actually did get $200 within 24 hours - though it could take up to 3 days - and you didn't have to pay a thing! But you can't withdraw it, you have to invest it. It's a German based program and your free $200 is part of a managed Forex account, so it's going to grow for you. When it will reach $1500, (by Dec 1 of 2010) you have to put it into your very own managed Forex account - they still manage it for you, but they take 25% of your profits and you get 75% of the profits. Why should they give you $200 for free? It's all explained in the FAQs below.
FAQ.s
Is your concept really free ?Yes it is absolutely fully free, the investor will gift you the money and you'll never have to pay back the money to him. So it's a possibility for you to participate in the forex market without investing your own money.
Can I loose money ?
No, just because you are not paying anything.
It sounds to good to be true, is there something wrong?
No, it's just a good concept for everybody and no way to loose money.
I can't understand why somebody will gift me money, can you explain it to me ?
The first thing is that the investor earns more money if he splits the money to a lot of persons. Instead of earning the full amount of the winnings and just the possibility of investing a small amount of money, it's better to invest a lot more money and make just 25% commissions of the earnings.
The reason why the investor needs you and why he will have problems if he will invest it all by himself :
Brokers are playing games. They normally don't want you to win on the forex market. If you win too much they will find a way to steal you the money. 90% of all traders are loosing all their money, so the brokers are always speculating on those 90%, they don't put your orders in the market and if you loose, they keep all your money for them, instead of only the spread.
If you are winning and the Broker is not routing the money through the market, the broker will loose and he will stop you to make money somehow. This was a big problem for many people who invested bigger amounts in the market. The only solution is to split the money to many many clients and get a commission of 25% of the winnings.
Rather get 25% of the winnings with 20 millions invest instead of having just a few millions and get 100% of winnings, that's a simple formula.
What is about my friends, can i invite them to your concept?
Yes, sure. The investor is able to "sponsor" at least 30.000 People with each $200, if you invite your friends, you will get additional commission on direct signups of $20 and indirect signups of $10, you need to transfer that money into the Ref commission account to let it grow too. So later on you will have more money available to start with the broker account.
Is the "gift" of $200 already invested ?
Yes it is, it's working already within the investor's broker accounts.
Is there a limit of Members sign in?
Yes, it depends on the investor. If there are not enough people outside to join this concept he will stop this. So its necessary to get more people involved in this project.
Who is the investor ?
The investors name is confidential, but we can tell you this:
His invest capital is above 240 Millions.
160 Millions he invested in "safe-long-term" invests, with an average winning of about 7% a year that means about 11 mil. of winnings
50 Millions from his capital are in medium term invests, with an average winning of about 20% a year that means about 10 mil. of winnings
from the remaining 30 millions he invested in different kind of fast and high profit investment.
His target with this project is to earn the same amount of money per year as with his "main-safe-invest" of 160 mil.
Who are you ?
We offered this opportunity to the investor and he agreed, so we need to realize it, we will get our commission from him in another way.
How long will it take to get the $200 gift to my account after i did the sign up ?
It takes normally about 24 Hours.