In our previous Part 1 of AXTrader review (read here) we looked into the details of offered investment plans and made some calculations to understand the profitability and sustainability of the program. AXTrader is working around 35 days already and around 30 days it has being monitored by EN at this moment.
Let me remind you some of our conclusions from previous article:
Since this is a daily (calendar-days) plan, we do not need a conversion factor of 30/22 (calendar days/business days).
AXTrader offers the plan with 3% per day interest rate for 30 days. Let’s check when we break even here. We divide 100% by the 3% and get ~33.3 days. As far as the plan runs 30 days only and since “Principal Back” plans usually work pretty similar, the break even point will be reached already after 30 days.
Thus you can earn here the Total Gross Interest of 190% (3% x 30 days + 100% = 190%) of which your profit (Net Profit) will be equal to 90% of the Initial Deposit.
Our Next step is to look at it through our DNI (Daily Net Interest) filter to see the level of profitability as we always do towards all monitored platforms.
Typically, the DNI for Principal Refund plans equates to the Daily Earnings Rate. Let’s see it – We divide our Total Net Profit (90%) by 30 days of the plan timeframe and we get exactly 3% of our daily profit.
3% of DNI level is a HIGH interest plan, which usually attracts more adventurous investors than conservative ones, BUT since you have the option to withdraw your Initial Deposit anytime (with 10% fee), there is also a kind of “welcome here” to conservative investors, because it’s allowed to reduce the profits (Net Profit) and this way to reduce the risks too.. So the DNI for those who will use this option can be 2% and less. That already suits the MEDIUM interest plans..
Just a quick example: we take a $400 of deposit on the first plan and close it after 10 days.. what that brings us..? We will earn $120 ($12 x 10 days) of NET Profit. Withdrawing the Initial deposit must be paid of $40 (10% fee). So the Net profit will be reduced to $80 (or 20% of the initial deposit). Dividing 20% by 10 days we get 2% DNI – the top border line of the MEDIUM interest plan already..
Now you see, this is the kind of thing that allows you to transform the platform (plan) from high interest to medium or even low interest .. Personally, I think it’s better for investors to have this opportunity than not to have it. Even if this option is not used in the end.
I’m sure most of the current members of this platform know the rules for making daily earnings here, but it is very important to pay attention to those who have not joined yet. Remember – it is important to do this on any investment platform before you join and open a deposit.
AXTrader platform has fairly short F.A.Q. section, so it’s not a problem to mention it all here:
Do I need any trading skills?
Absolutely not, our asset management system works in such a way that our traders manage your funds and professionally invest them, providing you with a guaranteed daily profit. This is 100% passive income, regardless of your knowledge or skills.
What minimum and maximum amount can I invest?
Minimum deposit amount: for the Basic plan it is $ 10, for the Premium plan it is $ 2,000, for the Supreme Plan is $ 10,000. If you make a deposit using cryptocurrencies, the declared amount will be converted at the current market exchange rate.
How long do I have to wait for withdrawal?
The waiting time for withdrawal does not exceed 24 hours on all days of the year (including weekends and holidays). In our 24/7 work, our operators always make payouts as quickly as possible.
What is the minimum and maximum withdrawal amount?
Minimum withdrawal amount: for PerfectMoney is $2, for Cryptocurrencies: $3 There is no maximum withdrawal amount. If you make a withdrawal using cryptocurrencies amount will be converted at the current rate.
More rules you could also find on Terms and Conditions PDF document, by the way, here is it:
What about social media links?:
*For those of you who ask by email or social media – how much and when it’s better to invest here – i just can repeat again, that noone can / have right to advice you such things. You must check all details (PART 1) and follow your own investment strategy in all the platforms that you find for earnings.. So, based on the information that we provide you, the decision is always yours.
That’s all for today. I hope AXTrader will stay active and we will get even more news and updates, which we will bring here and inform you about. Check other news and see you tomorrow..
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