m-funds.com otherwise known as Mutual Funds is an investment based platform making the rounds on social media at the moment and being the rave of the moment, alot of people are falling prey to what could later become a regrettable move. If you are familiar with investment based sites or platforms that promise a huge percentage on a daily basis but require you to deposit your own money as an “investment” then you would know what you are up against.
In this article, we will be having a brief look at how m-funds.com works, the pros and the cons as well as my personal take on its legitimacy for those who care to read. Without wasting more time, let’s dive right into the topic of the day.
About Mutual Funds
m-funds.com is a newly launched website that claims to be paying users money on a daily basis when they create an account, deposit money and buy one of their investments products. Users are expected to spend money on the platform by buying one of their products and in turn get credited with a certain percentage of interest on a daily basis.
It’s an investment based website because, unlike many other earning platforms, on here you’re required to fund your wallet on the site with your own money and buying of one of their products is commonly known or referred to as investing money for better or higher returns. Sites like, m-funds keep getting launched on a daily basis and the interesting or rather surprising part is, people keep joining regardless of the risks.
There are a few ways to earn on mutual funds and we will go over these methods soonest.
Earning Methods
On mutual funds, there are two additional ways to earn besides the investment part but you can only participate generally when you have purchased one of their products.
1. Referring:- when you refer others to mutual funds, you earn some money. Based on the information available on the webpage, if you refer someone directly and the person buys one of the products, you earn 25% of whatever amount the person spends on activating an investment plan.
So you get a fixed percentage of whatever your referrals spend on the platform, thus the reason why you see people promoting the platform massively on social media. Everybody is working hard to earn more money regardless of the risks associated.
To get your referral link, click on Account and then on Invite Friends, copy the link and share to friends and family or better put share it to people you feel may be interested in taking the risk and when they sign up and spend money, you get the aforementioned percentage directly added to your balance and can be withdrawn.
2. Daily sign-in:- they have a daily Sign-in feature that lets users who have fully invested earn extra 100 naira on a daily basis. If you have created an account and bought one of the products, you are eligible to claim free 100 naira daily by clicking on the Daily sign in on your dashboard.
This bonus is another way to earn some stipends after you must have spent your own money in the bid to earn more.
Why m-funds.com is Not Legit!
m-funds.com is not Legit in any way and I know most people reading this article or trying to inquire about the platform already understand what they are getting into and that’s the reason why I didn’t bother wasting much time answering the question on whether it’s legitimate or not.
Once a site starts claiming to be paying extra percentage when users invest or deposit their own money, it becomes clear that it’s a scam and as such, anyone who wants to join or is about joining ought to understand the risks.
The first reason why you should be very careful about the platform is that there is no owner to hold accountable should things eventually go south or go the wrong way. I hope you are not banking on holding the person referring you accountable. Most of the referrers are only working hard to earn the extra 25% being given to referrers and not because they have any hand in dictating how the platform goes.
Therefore, don’t be swayed by the posts you may have seen on social media. m-funds doesn’t have any known owner and as such, if/when it stops paying in the nearest future, there will be no one to hold accountable nor anyone to seek refunds from. It’s a ponzi scheme and all such sites are bound to crash.
Secondly, m-funds.com has been around for a while and it has gotten quite popular and those two factors are panacea for disaster. Once a ponzi scheme gets popular or lasts for a few days, then it’s considered a risky move to join. The reason is, the newbies are usually used to settle the old users who are placing withdrawal before the site crashes.
If you understand the risk associated with joining or participating in ponzi scheme then you would agree with me when I say that, mutual funds is not really safe enough for people who may want to join now because it’s being around for a while — meaning it can crash at anytime.
Thirdly, the website is designed in a Hit-and-run manner. The referral program, the returns on investment” are all clear indications that it won’t even last up to three weeks. Therefore if you must join, endeavour to do so with money you can afford to let go of.
Finally, don’t be deceived by the “investment” word being thrown around. m-funds.com is not an investment scheme, it’s just a ponzi scheme promising users heaven and earth. It’s highly unsustainable and would crash at anytime. So for your own good, steer clear of the site if you can.
Pros 
Despite the risks associated with joining ponzi sites like mutual funds, there are a few commendable things about the platform that can be utilized by smart individuals;
- Low minimum withdrawal pegged at just 600 naira. This is very nice, though it could be increased as time goes on. For now it’s good.
- Registration Bonus :- the registration bonus of 600 naira goes a long way in reducing one’s risk especially if you buy the minimum product (3,000 naira)
Cons
There are a thousand and one reasons not to join but here are a few of them in a nutshell;
- Ponzi scheme :- believe it or not, mutual funds is a ponzi scheme bound to crash in the nearest future.
- High withdrawal processing fee (15%)
- No longer fresh nor relatively safe to join given that it’s being around for a couple of days.
Conclusion
m-funds.com aka Mutual funds is a ponzi scheme that should be avoided like a plague but if you understand the risks and wouldn’t mind participating, then ensure you are doing so with money you can afford to lose. People tend to incur significant losses when they join sites like this with money they can’t afford to lose but for you reading this article, don’t make such mistake.
Thanks.
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