Not Paying

Hello folks, once again a reader emailed me asking for a review, and once again (because I am lazy) I decided to also publish it here to allow other readers to know what I think about CompaxTrade.

Please note that all links don't have referral link, so if you want to try your luck with this hyip I advise to use a monitor or blog offering ref back.



Plans: the two smaller plans, 1% and 1.3% for 180days, (which should be more than enough for 99% of the investors) are similar to what we were used to have in past programs, and should have no problems in being sustainable, but I don't know if they are attractive enough for "today's standards".
The later plans are...well a bit excessive, but probably no one will use them.

I would prefer bigger plans on the lower side, to make it more competitive, by including the principal in the earnings (avoiding large withdrawals). And maintaining or lower the bigger plans.


Design and content: The design is attractive, but it's far from making us "wow". The content seems to be original, and I like the trading reports because it adds some legitimacy to it, although it doesn't proof nothing. In fact it shows the higher plans 2.2% and 2.5% (translating into ~44% ~50% monthly) can't be sustained by the trades, even on great months, like June (with 41.46% shown by them), let alone a month like August (with just ~2.5%).
Probably these reports are created out of the hat, but still are a good effort from the program to sell his "fish".

Claims vs BS: they claim to be online since 2009. There are even news from 2009 in the site. But we never never heard from them before, all threads in major forums started in 25 August 2010, the domain was updated in 23 August 2010, and SSL certificate created in 17 August 2010. Probably they took the advantage of the domain being almost 1 year old, and created the 2009 news and offlline to online story in order to make it credible.


Security and script: The script is...well, I don't know. For sure it isn't NeverSay or GoldCoders, but it's very familiar to me, and the drop down menu to choose the currency in the deposit page is similar to some hyips I seen. Probably a custom script from a programmer that also did scripts to other hyips.
The host and DDoS protection provider is Dragonara. Whois tells the host is shared, but I checked Dragonara page, and they only offer dedicated servers, so probably whois info hasn't been updated yet (and one more fact against the claim about being online since 2009).
It also has SSL, that although it's not forced, it is automatically activated when logging in or when registering a new account.


Payment processors: LR, PM and bank wires. They claim to accept other e-currencies in the FAQ, but the script only accepts LR and PM, so I don't know how much more e-currencies they accepts.

Risk vs Reward: it's still early to make any kind of analyze using Alexa trends in growth. Still, it's worth mentioning that there is currently a pretty big spike in Alexa. Honestly I don't know the reason of it, as I haven't seen this program advertised/reviewed in the blogs I visit daily. Maybe it's the admin trying to manipulate traffic, or used a lot of monitors because the thread at TG already have 9 pages. This make me wonder (using lots of monitors) about admin intentions to run a slow burner or fast race hyip (being fast also falls faster).

In first plan, you will need 100 business days (20 weeks, ~5months or ~140 calendar days). Frankly this is a lot of time, and you will have to face the black December and survive it in order to reach 100% return (principal back).
And, considering how the launch was (probably due to the use of many monitors), I have a few doubts about its survivability during December.
Of course we never know, and most of times (if admin is decent), it will be the market that decides the future of a hyip.
For anyone willing to join it, I would advise to wait 1-2 weeks to see if Alexa finally gives us a trend (declining, slow growth or fast growth).


To end this review, if I had to give CompaxTrade a final score, it would be...well I even don't know, maybe 2.5/5 in the long-term scale, because honestly it is below of Safe Depositary (3/5) in terms of overall quality and in risk/reward area.


I hope you find this review useful, and remember to always keep your investments at an affordable level.