Van funds comes recommended by a reader...

It's always great to get feedback from my blog readers especially when they have recommendations for programmes that have real promise.

So, today I want to acknowledge the recommendation of Vanfunds by Mohdnorli Abdullah. Clearly this is a site that Mohdnorli is excited about as he has created a blog dedicated to introducing it to a wider audience.

When I took a look at the site the first thing that impressed me was the professional look and feel that has been created. There is a lot of information available on Vanfunds and they make sure that you are able to access it quickly and without fuss.

The company run managed forex funds where you can invest in 3 different plans. The minimum amount you can invest is $200 and this provides a maximum monthly return of 14.7% (year to date shows a cumulative return of 110%). The other two funds require a minimum of $2000 and $20000 respectively. As you'd imagine these provide higher monthly returns and for the year to date the first is showing a cumulative 124.7% and the second 140.8%.

Once you join Vanfunds and make a deposit you are eligible to receive a free prepaid ATM card. This will enable you to withdraw funds at ATM's worldwide or pay for products and services directly.  

As with other online investments there is a need to have your account verified by providing ID and signing a Vanfunds contract. You are able to upload scanned documents to the website so the process is very easy. They do quote 10 days for checking of verification but mine was completed in less than a week. It's worth noting that they didn't tell me they had approved the documents so it is well worth checking back regularly.

In summary this looks to be a very sound investment and again I'd like to thank Mohdnorli Abdullah for bringing it to my attention.

PS - the return for the latest month on the basic account was 11.75%, another great result.

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