This is SCAM project already! Do not invest there anymore!
Merchant Invest is a new program that only launched on March 12. According to the website, the company is involved with the “cryptocurrency market, advertisements (traffic arbitrage, affiliate networks), promissory notes, and short term loans markets.” Their staff allegedly includes “financial analysts and experts in the field of trading and financial forecasting” that “have sufficient experience and necessary skills to conduct effective and profitable trading.” Merchant Invest is incorporated in the United Kingdom, with a Mister Logan Howe serving as its sole Director. Like many such companies offering a HYIP, Merchant Invest provides a street address. However, this company may differ from others in that it invites investors to visit with them — implying that someone really works there! That’s certainly an encouraging sign…
Merchant Invest has only one investment plan. There is nothing wrong with that. A few companies offer so many programs that it is difficult to sort through them all. In my book, simplicity is a virtue! This plan provides 3% daily interest on your investment for a 60 day period. The minimum you can invest is $10 and the maximum is $100,000 — although I suspect that few, if any, online investors will be up to that size of investment.
To get an idea of how this will work for you, suppose that you invest $500. Interest of 3% daily will have you earning $15 (.03 x 500) per day. By the end of the investment term, you will earn a total of $900 (60 x 15). However, since your principal is returned to you as part of your earnings, your NET profit is $400. This is 80% (400/500) of your investment. To look at this another way, your NET profit comes to 1.33% (400/60) per day. This is a sensible amount for a HYIP. Not so high that it is likely to be unsustainable and not so low that it won’t be attractive to the average HYIP investor.
You can earn additional money by means of the Merchant Invest referral program. It is among the more lucrative ones I have seen and pays you 10% of deposits made by your direst referrals. On your second level it pays you 2% and on your third, 1%.
The Merchant Invest “Representative” program is extremely lucrative and pays five levels deep in your downline at the following rates: 14%, 2%, 2%, 1%, and 1%. There are certain requirements (as well as benefits) associated with the Representative program. From the website, they are:
1. your active deposit is $500 or more
2. you must fill form in your dashboard
3. when you will get 20+ active referrals, contact us with your username
4. $100 bonus will be credited in 48 hours after request
5. every account can get just 1 x bonus $100
6. higher commissions are credited automatically if you are Representative
Merchant Invest has a very satisfactory list of payment processors that you can use for making deposits and withdrawals. At present, it includes, Perfect Money, Payeer, AdvCash, Nix Money and Bitcoin. Withdrawals are processed within 24 hours — which implies that they are handled manually.
For support, there is an email address as well as the standard contact form. As I am writing this, it looks like there is also a live chat feature. However, there wasn’t a live person available at the time (later than working hours in the United Kingdom) or the service hadn’t yet been activated. The encouraging thing is that it appears to be set up and ready to go. Live chat is essential when you have a problem that you would like a solution to “yesterday.” I hope this feature is already active during working hours or that, if it isn’t, it will soon be.
In closing, if you are looking for a simple-to-understand investment program free of “bells and whistles,” Merchant Invest might be what you are looking for. However, no matter how good you think it might be, if you do decide to add it to your investment portfolio, be sure to make it a part of a diversified package. And, never invest more than you can afford to lose. Good Luck!
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To the Admin: We always welcome comments on our reviews — pro or con — and we will publish them in the EN blog.
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Please don’t forget that you can post your screenshots of payment, scam, or other proofs related to a program by clicking on the “Details” button in the EN monitor. Also, don’t forget that you can add your referral link when you post your proofs — another way to build your downline.
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