Is magic-trading is a spam?

See they have many members even i have invested 10$ there and requested today but lets see now site is not opening it says the link is broken i hope they will pay us.. but can u tell me is that ok if i file a dispute for them...?

It is not a SPAM, it's a SCAM!This site is paying first when you just invested a measly amount of $1.00. But when you started to invest a bigger amount, then sorry my friend, your payment must have said adios to you. I invested $1, and I got paid by $1.12. Then hubby invested $2, he is stubborn than I am, then till now after asking for request, no email from the Admin too. When you try to check this persons identity, you will discover that he is also scamming people around the globe with different language site he is using to scam people. I wonder how many people have invested $10 here. I hope you can now start to file a dispute with regards to this and report the site as a scam site. You cannot even open the site now. I think this person already has the money of investors, now he flees with it. Little did he know about karma. It will get him back, more than what he swindled.

I've been reading EMS forum and many other HYIP or money earning related forums and I must tell you that magic-trading was always mentioned as scam. But for your sake I hope that isn't true, because I know how it's like to lose money in HYIPs.