NovalexFinance, what is there behind the popularity of this investment project?

March 30, 2009 - 10:45am | Articles | Ecommerce-checked |
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NovalexFinance, what is there behind the popularity of this investment project?
Today much interest in the Internet investment sector is attracted by a new program known as NovalexFinance. Various media sources have already written their opinions and reviews on this investment project and Ecommerce Journal decided to learn how NovalexFinance founders see the investment industry business. We studied this project’s activity, its interface and customers’ feedback. Well, it should be noted that the impression made by the service is rather positive and that is why we would like to present a thorough analysis of www.novalexfinance.com to our readers.

NovalexFinance is a leading provider of online trading services in the currency market (forex). The company is officially registered in Panama since 2007 and for those who want to see the registration certificate with their own eyes the company put a pdf copy on the site which is surely is not a stron argument but it still looks quite legitimate.

Right on the front page of NovalexFinance’s website you can see a banner advising you of high interests paid by the investment project within just 50 days. The service offers you a 200% refund which includes a 100% of a principal investment returned in 30 days to the account from which you had made an investment and another 100% credited to your account in 20 days which will be your net profit.

As NovalexFinance explains it works this way: If you invest $/€100 on 1st September, then you will receive $/€100 on 1st October - it will be paid directly to the account you invested from: this is your principal investment returned to you. On 21st October, another $/€100 will be paid to your account: this is your profit.

Some users may turn concerned with the minimum deposit amount set by NovalexFinance which amounts $/€50 but there are some aspects about the service which inspire a substantial portion of confidence in this investment project. First is that the system has successfully passed since October last year through March 2009. Second is that apart from other deposit methods the service also accepts bank and ACH wire transfers which means that there is some accountability or at least possibility of being tracked.

The interface of the website is rather nice looking and which is more important very functional with nothing superfluous and irrelevant. The first thing that arrests attention is the text in the center of the site left to the world map that says “Get the most out of your investment. Start investing now”.
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We will explain why we are focusing on this very inscription. The point is that you will not find any lightest hint to the registration within the system as long as the service offers no accounts to its investors. Users just deposit money from the payment services where they have already registered their accounts or send money via Bank Wire or ACH, as we mentioned above. 

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Such an arrangement is very convenient as it eliminates any necessity to keep a great amount of information on different kind of logins and passwords either in mind or on PC which is very unreliable. Besides it eliminates further operations of money withdrawal. You just invest an amount of money into NovalexFinance and within the specified period the system credits your earned profits right into your account. This also explains the fact that the site has no signs of SSL encryption. As long as transactions occur within an account of a payment system there is no need for NovalexFinance to encrypt them because this is already done by the processors themselves. NovalexFinance offers investors the choice to fund either from Perfect Money or Strict Pay account. In this regard the system also made provision for one more interesting and useful, as we think, tool which is “Step by step investing guide” where NovalexFinance explains to unaware users how they can register either with PM or Strict Pay payment systems.

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If a user has any questions they can visit the FAQ section which is very compact and informative with the questions and answers represented on one single page unlike some other services where you need to click on each question in order to read a short answer to it. But if a customer still has any questions they can avail of the customer support either by phone or by fax. According to the feedback from a number of investors the customer service team is very considerate and polite and it is ready to provide unaware users with all necessary information and instructions.

Another important aspect of the NovalexFinance’s website interface is that it is available in 11 different languages.

Like on any reputed financial service website NovalexFinance also features the section of current market quotes on currency movement. With this little box on the left side of the homepage you won’t need to visit any dedicated website to learn the current rate. Still you can do it just in order to compare if NovalexFinance provides accurate information. We did it and we may say that the data was not taken out of someone’s head.

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Security is of great priority for any investor. According to the information provided by NovalexFinance the company implements a number of measures to protect its web service against DDoS attacks and different kind of malware. NovalexFinance uses latest anti-virus software with the latest updates, latest firewall and anti-spyware software and is hosted on a dedicated server by BlockDos. Besides, NovalexFinance has several backup servers around the world in case their main server will be under attack.

Apart from investment program NovalexFinance also offers an affiliate project where you can participate even if you make no investment at all. As NovalexFinance says “You are not required to make a deposit to receive referral bonuses.”

A user may place the service banners or links on his/her website, blog or forum signature, autosurfs or he/she can simply use Tell-A-Friend service which will send a premade promotional email to the user’s friend with his/her unique identified code. The affiliate program allows users to earn 10% on the investments made by people they have referred to Novalex Finance Inc.

Meantime the company keeps to a very strict anti-spam policy. NovalexFinance warns: “If any of our members is caught using SPAM methods to advertise his referral link, his/her account will be closed immediately. Novalex Finance Inc. investors are allowed to advertise their referral links only by means of legal methods. Spam is strictly prohibited.”

Ecommerce Journal also checked the ratings of NovalexFinance with the prominent monitoring services of investment projects. Here are some screenshots of what we have found:

Investspot.biz:

Hyiphall.com:

Hyip.com:

GoldPoll.com:

Conclusion

As we mentioned at the beginning of our article the analysis of NovalexFinance left quite positive impression and we can say that the service, while having its own minuses and a number of areas to be improved, represent very interesting business opportunity that could be and should be taken into account by people who have both the facilities and wish to invest and earn good money on the Internet. It is a service for busy customers with all the operations reduced to the minimum and all procedures simplified to the maximum. We think that absence of account registration, availability of Bank Wire and ACH, and of course the key aspect of 200% reimbursement can be taken as a sign of serious business and good deals. We hope the investment project will exist for a sufficiently long period of time and bring more positive emotions to its customers.





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