Well, it depends on your risk profile – if you do not want to take any risk, you might find it attractive to earn maybe 1% interest on your deposit annually – but as you know inflation is also up, your money will be worth less in one year.
You need to be more risky, however, stocks are currently only taking one direction – down – so then what do you do? How can you achieve approximately 3 pct weekly interest – return on your investment, ROI.
The international money market, foreign exchange or forex, is a market, where currency pairs are rated against each other, so when one currency goes up it is always in comparison to another currency. For example, EURUSD is the pair of Euros versus US Dollars.
As you can probably imagine Forex is a very complex market, and not very easy to navigate in, if not a seasoned trader.
So how can you take advantage of this market, without spending months learning the ins and outs of foreign exchange?
Novatech FX is a platform where you can trade foreign exchange.
Why Novatech FX?
There are many of these platform, so why mention Novatech FX specifically?
Novatech FX gives you the opportunity to put your money to work in the foreign currency market, without spending more than maybe 10-20 minutes per week. You’ll simply let them trade for you. In simple terms, you create a PAMM¹ account with them, transfer the amount you would like them to trade for you, and every Friday you log in and see the output from one week of trading.
Sounds simple enough, right? So, what can I expect in returns, you might ask – or of course, you ask that….
3 Pct Weekly Interest!
Novatech FX has for three years running steadily returned around 3% per week!
Obviously, they don’t do it because they have a bleeding heart for you. You pay $25 per month to participate, so as long as you invest more than $250, you should be in the black figures.
Take a quick look at this calculation – initial amount $1000, monthly $25 deducted(withdrawals) – that’s a 365% growth after one year. Which bank offers that?
You will notice that compounding is set to weekly in this example. Each week, your earnings are paid to your bonus account, so you will need to logon and move this amount to the trading account, thus compounding your earnings.
Of course, please don’t invest more than you can afford to lose. Use risk capital. I have fond trust in this site, but please do your own research!
If you believe this is for you, here’s how you get started:
- Register – point your browser to https://tcl.novatechfx.com/enroll , I suggest you do this on a computer, their mobile phone site is not optimal.
- Fill out the registration form. Should be self-explanatory.
You’ll be assigned an ID and an e-Wallet. The e-Wallet is your account on their site.
Once registered you’ll have access to “My Back Office”, which is your portal to view your account and profile. It is a comprehensive platform, so the back office is a bit wordy, but initially, not much will be useful.
First, you will want to fund your account.
To do so, login to your account, go to “My Back Office”.
Then click on “Funding”
Next you’ll click on “Upgrade Account”.
Now, you’ll see the PAMM upgrade page.
You’ll need to enter the amount in USD that you wish to deposit. Then, in the next section, select “CoinPayments”.
Next you’ll get a payment page, with a BTC address to send your payment to. (Or another coin if you’ve selected that). Make sure you include the exact amount of the coin that you’re being billed.
Send your BTC in (within 24 hours)
You’ll receive email confirmation from CoinPayments.net once your payment has been received.
Then, on your My Back Office Page, you can click on QuickView (My Account), and you’ll see your account balances. Once your deposit has been accepted, it will show up under “Trading Balance”
That’s it! Once it shows up there, it is now going to be used for your PAMM account (the one that automatically invests for you).
You’ll get rewards once a week, on Friday morning. Then, you can reinvest into your trading account again, and begin a great cycle of compounding!
As you have probably noticed, you need to fund the account using crypto currency.
How To Transfer Funds
Unfortunately, there is no option to pay directly in US-dollars, but fret not – I will be happy to help you go through this process. Using a crypto-exchange you can send your money into your own crypto-wallet, from which you can send the money to the account at Novatech FX. I suggest you start by signing up for an account at one of the below exchanges:
If you prefer another exchange, then by all means use that. Follow the instructions on either of these sites and soon you are in crypto-land 🙂
These sites all give you the option of transferring money via credit card or bank transfer.
Nothing in this article is intended to constitute investment advice. Neither the author nor the publication takes any responsibility or liability for any investments, profits or losses you may incur as a result of this information. Readers are encouraged to perform their own due diligence and research or consult a licensed financial advisor or broker before making any and all investment decisions. This content is intended for general informational and educational purposes only. Though the author strives for accuracy, the data contained within the article cannot be relied upon.