Ibiza Traders

Here is an interesting opportunity I came accross a couple of weeks ago. They claim it is supported by forex trading. here is the FAQ:

Frequently Asked Questions

We have put together some FAQ's. We feel that every question you may have should be answered in here if not please contact us at customer support or in the forums.

Q. Do you currently have more then one trader?

A. Yes, we do have more than one trader. In the beginning we will be trading exclusively Foreign Exchange. At a later stage however, it is our ambition to diversify into other financial market products.

Q. What is your past performance record?

A. The combination of all trades combined has proven to be in excess of 20%.

Q. What is the maximum risk?

A. No more than 10% of the capital is ever at risk.

Q. Do you offer a referral bonus?

A. No. We do not offer any type of referral bonus.

Q. Do you allow compounding from account balance?

A. No. Once you receive your monthly profit, youll have to wait untill the next trading cycle if you would like to invest more funds.

Q. What is the minimum investment at Ibiza Traders?

A. $250.00 during the first 3 months as a promotion. After 3 months the minimum investment will be $ 1000.00. After the preliminary 3 month status. Any member that has made the minimum deposit in the first 3 months will be allowed to invest under the normal terms.

Q. What is the maximum investment amount?

A. At this time there is not a maximum amount set. Please feel free to invest as much as you like. For very large investments, please use the bank wire option.

Q. When do my funds start earning?

A. You must have funded your account on or before the 24th of each month in order to start earning the following calendar month. Returns will be published on the last day of each trading month. All bank wires should be received and approved by the 24th of each month to be credited as active principle.

Q. How do I deposit Funds?

A. You can deposit with Ibiza Traders by using E Gold, E Bullion or a Bank wire transfer. If you decide to do so you can always deposit through the aforementioned options.. All the funds received on or before the 24th of each month will be taken into trading as per the 1st of the following calendar month. Hence you wont see your deposit appearing in the my account section until the 1st of the following month i.e. when your deposit has been transferred internally to our trading account. All bank wires are to be done in USD. All bank wires should be recieved and approved by the 24th of each month to be credited as active principle.

Q. How do I withdraw funds?

A. Your profit will be sent to your back office automatically. Investment results will be paid out by the end of each calendar month. Due to internal transfers, (from our trading account to your payment processor) payments will take around 5 business days to process. Hence you will receive your monthly result around the 7th of each month. If you want to withdrawal your deposit please request so before or on the 24th in order to receive it with your profit. Hence your deposit plus investment result will be received as per the 7th of the following calendar month. All bank wires are subject to the bank wire fees depending on where they are to be wired.


Lets analyse what they are saying here. They are claiming past performance is in excess of 20% per month and no more than 10% of the fund is at risk. This sounds like quite risky trading to me. I am yet to see a forex venture online that has been able to generate 20% consistantly that hasn't failed at some point. The nearest program I can think of is FXIG which some beleive is real, though I don't think anyone really knows for sure other than perhaps Feederfund.

They do not offer a referral bonus, this is always a plus in my book, real investments don't need a big influx of new funds to keep them going.


Interestingly they do not allow compounding, clearly if they are managing 20% per month the fund would have the potential to grow very big in a short period of time. Maybe they do not wish the fund to get too big. Its understandable that they would not want to trade 10% of the account if the account size was in the millions, think of those potential drawdowns! However, it seems you can still compound if you add your profits back to your account the following month, so presumably they will be out of trade for that month.

$250 minimum, higher than many FXE and a few others, but not too high if it is a real investment. They take a bank wire, instead of just ecurrencies which is always good to see.

In their FAQ they do not mention anything about a principle lock-in time so I emailed them. They claim there is no principle lock-in whatsoever and there is no fee for withdrawing your principle either.

I understand Voyager/Clifton who runs hywd.info has been given access to the trading account, he has revealed what he saw what not what he expected. He has signed a NDA so he cannot really say anymore than this. We will have to draw our own conclusions here.

It looks like it Ibiza traders may be real, though we do not have anything conclusive yet. I am going to keep an eye on it over the coming weeks and make a decision about investing or not.

You need an invitation code to join, if you need one feel free to PM me on hyipD. Please note I am not referral hunting. There are no referral commisions.