17/12/08. GrandTrade Review and Other News
BEWARE! THIS PROGRAM STOPPED PAYING! PLEASE DON’T INVEST!
Hi guys! Today I’d like to take a look at a program called GrandTrade. It’s a short term HYIP that I came across recently. Actually to be honest it was a friend who discovered it and passed it my way. I then thought it over for a while, weighed up the pros and cons, and decided to take a chance. Nothing serious mind, but it has paid off. So what’s it all about I hear you ask. Let’s have a look at the plans.
GrandTrade has three plans on offer to investors. The first one, and really I think the only one readers here need consider, is called the basic program and is from amounts starting at $5 with a cap at $2,000. It lasts for a duration of four days and it pays you 27% with your principal included in your return. Withdrawals are allowed daily. That will give you a quite sustainable profit of 8% after four days. For example, if I invest $100 I can withdraw $27 per day for four days, giving me $108 in total.
The other two programs are for what I consider unrealistic amounts for most people who play these games, but here they are anyway. The simple plan is for amounts varying from $2001 to $5000. It offers you 28% also for four days and also with daily withdrawals and your principal included. And finally the expert plan which is for amounts over $5001. This one pays you 30% again for four days and again with your principal included in your daily withdrawals. By the way, as is the case with most short term HYIPs, compounding is not allowed.
So what else can I say about it? Among the good points of GrandTrade is that they are hosted on a dedicated server and are using licensed GoldGoders script which should hopefully guard against malicious hacking attempts. Other than that the plans are quite reasonable. 8% profit in four days is sustainable at least in my own opinion.
As I said I was first put on this by a friend who’s been in from the start (that’s three weeks ago) and continues to be paid. I only got in more recently myself but I can personally verify that I tested it out and did get my principal back.
Of course there are some drawbacks as well, including the payment processors being accepted. They say they only accept LibertyReserve and PerfectMoney. Except when I tried to make a deposit via PerfectMoney it was rejected and returned to my account. So take it for now that only LibertyReserve will work. Also they offer very little in the way of information on their supposed trading activities, but do publish a bunch of links to some legitimate companies, but with no apparent connection to their own. As well as that their contact address is almost certainly a fake one. They claim to be operating from a government building in Union City in New Jersey USA. The city hall in fact. I found it unlikely that this company could be operating from under the same roof as the mayor and a quick phone call to the city clerks office (the number is on the Union City local government website) unsurprisingly ended with nobody in the building ever having heard of GrandTrade.
Forgive me if that sounds overly negative. My point is merely that GrandTrade is nothing more than a gamble. But is that entirely a bad thing? It’s a gamble that paid off for me and has been paying off for my friend for three weeks. And that is how I suggest you treat GrandTrade. If you have some cash to spare and want some amusement, the by all means give it a go. Just don’t get too serious with it, and I’m sure it can earn you an easy few bucks on the side.
Other news for today.
I don’t know what really happened with PrivateOffshoreCapital but it’s on my Waiting list now. The site is not accessible at the moment and I don’t really know what is happening. Some people said that the admin was changing servers and would be back online soon but I don’t think so. And here’s why! The admin that used to be very communicative from the beginning didn’t reply my emails that I sent to two different email addresses. And it was even before the site went offline and the payouts halted. It’s really unfortunate that PrivateOffshoreCapital became another fast Christmas scam and it was probably not the admin’s real intention to enable StrictPay and AlertPay on his site. It was most likely a trick from Jaxson who never intended to do it and just attempted to attract as many LR investors as possible. As you might also have noticed the payments stopped just before the first expiries are to be paid. That’s why my strict policy from now on is only interview the admins of autosurf sites after the first payments on expiry are processed. It will definitely eliminate some risks and allow us to properly test the programs first before joining.
And that’s what I’m going to do tomorrow when I will publish the interview with the admin of 12DailyHits (reviewed here). The program is a classic 12% for 12 days autosurf with the payouts on expiry. Remember that all the pendings from 12DailyHits are processed within 72 hours so please don’t ask the admin to process them faster if they are still within this timeframe. And another important rule in 12DailyHits which you should follow in order to be paid: “To get your pending payment processed you need to have your account upgraded at least with 1 unit.” The admin of 12DailyHits Edgar reported that the website experienced some technical difficulties yesterday and was inaccessible for some. Despite this fact the first pendings on expiry have already been processed and 12DailyHits is growing steadily with about 400 members already. So stay tuned for my interview with Edgar tomorrow!
EKOFunds (reviewed here) paid the first payments from the expiration plan of 150% in 15 days. So those who followed my recommendation and joined EKOFunds at the start should have reaped the rewards of this wise decision by now. Those who are still sitting on the fence are welcome to read my interview with the admin of EKOFunds here where he explained all the details about his program. By the way, EKOFunds upgraded their DDoS-protection by BlockDos yesterday and now you should be able to access it perfectly well. If you still have some issues with accessing the site of EKOFunds try to use a proxy server as it might be possible that your IP address was blocked by their increased protection level.
Effective immediately Commoditex program is on Waiting status on my monitoring page. As you may know I don’t tolerate selective payments, especially when the program itself speaks about it. It’s now clear to me that they were paying only to monitoring sites for quite some time already and moreover they now found another lame excuse and are asking the monitor sites to keep their status as Paying. Just have a look at this email:
“The main issue of this communication is to inform you that Commoditex have been victim of systematic DDOS attacks, for this reason we are since several days ago, changing our platform to a new service and all migration will end by January 5th.
Also we have considered that the next two weeks of December are very low of worldwide trading due to holidays, and we don’t see an option to trade funds by this time.
We will inform to all of our sponsors and customers where we have an advertisement quote that we will not operate from December 22th to December 26th and from December 29th to January 5th. We want to keep our monitoring and advertising active in your website, for that purpose we are waiting for your options to remain our position and ranking.
We have communicated our customers the new features that our system will have from January 5th.
For that reason in case we keep our monitoring and advertising with you, we will pay you the days of trading and we will regularize all our activities from January 5th 2009.”
Well, I’ve heard these stories so many times before and I’m so sick of them. But the open admission that they will be paying only to monitor sites during this festive season is just something different. Do they really think that I will list them as Paying? Especially when they have lied about all the plans they are trying to introduce in 2009 (I especially like the PayPal accepted option, lol). I’m 99% sure Commoditex is done and will never recover and I will set their status to Waiting and to Not Paying starting from January, 5, 2009 if they don’t resume the payments to regular investors by this time. I’m sure it will be fair to my readers and to the program itself. But really, this whole story about selective payouts only to monitors is simply disgusting and cannot be tolerated.
Fortunately, there are still some good and honest programs left online and URInvest (reviewed here) is definitely one of them. The admin of the program Paul Sartori (read my interview with him here) is undoubtedly one of the few professionals out there that really knows how to run a successful online program. URInvest is paying between 4% and 4.24% during 30 business days with no principal return. The fact that this model can be sustainable in the long run if it’s backed up by real investments has been proven by the longevity of URInvest which is online for about 4 months already. The professionalism of Paul confirmed also by his treatment of the most impatient customers he’s sometimes having to deal with. To show you an examlpe this is an email I received from him last night:
“With this unscheduled email, we would like to report that one of the program users was just refunded his/her original deposit to the program, while earnings were withheld and will not be paid. This user is now denied in further program participation and new deposits from this user will not be accepted.
This course of action (100% refund of the original deposit, with earnings withheld) was taken against this user, in reply to her/his unfounded THREATS and extreme RUDENESS while communicating with both, Live Support worker (transcript was examined and found to be handled appropriately and politely) and later, in written support request, addressed to program staff.
A simple matter of this user’s OWN PROBLEM of forgetting his/her account related information (marked with RED letters on the program account creation form), turned into HARASSMENT of program workers ONLY FEW HOURS after her/his original request to reset account information.
Our apologies for sending out this unscheduled email, but we feel it is important that we let all program users know about this unfortunate, isolated incident.”
When URInvest is only preparing to celebrate its 4 months online ResidualForexIncome (reviewed here) has already celebrated that event. During all this time ResidualForexIncome program managed to remain the real investment opportunity that gained the popularity slowly but steadily and by now it’s one of the well-managed low-ROI programs in my opinion. The key words here is “stability” and “transparency”. And exactly because of that ResidualForexIncome was able to attract many new investors during their first 4 months online. You can always read more about the program and the plan it offers in my interview with the admin of ReidualForexIncome Mike here. And this is their recent update sent out to their members yesterday:
“Kindly be informed that RFI is now celebrating 4 months online! This is not something special but it is definetely a long time for many of our loyal members who are now profiting passively with one of the most reliable investment they once joined!
We are proud that we were able to fulfill expectations of many of our members and we are always striving to find individual ways to serve each of you. We have worked out individual approaches for a large number of our members and we suppose they are now reading this newsletter with pleasure.
Christmas is coming and as it often happens apart from holiday this period is always associated with financial expenses. We fully realize this and do our best to make our financial cooperation as smooth as possible. Good luck to everyone and let this time be one of the greatest in your lives despite such a strained situation nowadays.
As usual we are receiving emails concerning account suspension. That is why as usual we remind all our free members who have not made any deposit yet: the free membership time limit is 20 business days. If for any reason you have problems or need our assistance please feel free to contact our support. It is about passive income but not passive membership!
Getting down to some urgent issues which have become available recently:
1. Our website is under casual but massive spam attacks via our web based email contact form. That is why sometimes our support might not get your emails.
Important! If using our web contact form please send the copy of your message through our embedded live chat form (at the bottom of the contact page) attaching your email address even when the live chat is offline. This will help deliver your message to us even under these circumstances. Thanks
2. As it was reported a few days ago there appeared a good looking clone copy of our website which has nothing to do with RFI! http://hot-sun.net Beware of this fraud!
Thanks for staying with us and stay tuned!”
2008-N (reviewed here) is also celebrating but this term is much shorter – only 30 days online. I must only add that the program was good so far and the payments were processed on time. In addition the admin of 2008-N (read my interview with him here) announced that every active member of his program would get some Christmas gift. Anyway, here’s the update:
“I am glad to announce that 2008-N Investment Co.,Ltd has been online for 30 days. We have received a total of $50,654.37 deposits from 203 investors and paid out $13,987.68. We have added 42 monitors and purchased some banner ads from 1 month to 6 months. I surely will try my best to promote 2008-N better and get more profits for our best investors. I also want to give many thanks to our investors. Thank you for your big support. Finally I want tell you that I will give all active members a special Christmas Gift.”
The admin of Youmilex program (interviewed here) announced that from now on you can compound your profits instead of requesting a withdrawal but it would be done manually by the admin of Youmilex. To find out more about this program that is paying 125% after 10 days please refer to my review published here. And this is the most recent update for Youmilex members:
“Many investors ask whether it’s possible to reinvest without getting paid automatically to the e-currency account in order to avoid withdrawal and deposit fees. We have decided to give you such a possibility. If you’d like to reinvest from your available balance, just send us a support ticket before your deposit expires stating how much of your payout you would like to reinvest. Don’t forget that your deposit has to be a multiple of 5, e.g. $5, $10, $25 and so on. The difference will be moved to your account balance which you can withdraw any time you want.
By the way, we’ve received many creative submissions for our Marketing Master Contest and all of our members both free and active still have more than one week to create a new slogan for our program. Visit our contest page and see if you can take up the challenge and be among the winners.”
The admin of the recently demised VolcanoInvest is still promising refunds to all the members. He explained the reason for the delay in his latest update here:
“The Refund process was temporarily suspended due to Christmas holidays. During this period our FOREX trader will not be online on a market – no profit for refund payments.
The Refund process will be resumed on Jan, 2009 and will continue till a moment when the all members will be refunded. Thank you for attention.”
As you may notice the new registrations in AggeroInvestment are disabled and the program is again closed for new members for now. Honestly, I did all I could so you would share the profits and I even sent a mass email to all my subscribers and reminded them about this. AggeroInvestment is a private manual surf program that pays you up to 127.5% after 15 days of surfing. If you’re new to the program it will be useful for you to know what the admin of AggeroInvestment Roger (interviewed here) mentioned in his latest update to the members:
“I hope you are all having a wonderful day! I would just like to thank each and everyone of you, both old and new members, for making our 48-hour weekend registrations a success. There were a total of 1160 new sign-ups and that is definitely a great number!
To all our new members, WELCOME! I am Roger Clark, admin of this program. Me and my wife are partners in running this program. She works only when she can and she handles most of the payments and all the money matters, unless she’s pre-occupied with something else then I also do it every once in a while. Please do read my interviews so you will get to know me, my vision and our program. All links can be found on the main page.
A few tips I can give you:
1. As our program grows bigger, I asked the help of our old members to be the one to take care of introducing you on how our program works. They can provide you lessons on the ins and outs of how we work here and also some of the tips they gathered along the way. Expect an email from them if you haven’t received one yet. Or better yet, if you have any basic questions and not account related, email them and they would be happy to reply back.
2. Read the FAQs and the HELP section (soon I will be adding a Glossary of Terms). It is definitely a big plus to know what you are doing and what you are getting into before you actually get in the mix. It reduces the mistakes most of the time.
3. Read and participate at our public forum threads. Our two main threads are MMG and DTM. You will find that we have a lot of exceptional members that are always there ready to help you or just discuss the program with you in general. Links to other forum threads can also be found on the main page.
4. I send out weekly newsletters (Fridays) detailing some new developments and features of the program. We are constantly updating the script to make it as user friendly as possible.
Well, that’s about it! You will learn a lot more along the way. Again, welcome to our family. I hope you will enjoy a fruitful and pleasant stay here.”
For the last two days I was paid from the following programs: InoFund, AggeroInvestment, SafeAtom, ResidualForexIncome, 12DailyHits, URInvest, NoRiskInvestment, Surf-Solution, Commoditex, FXOIC, EmeraldProLtd, SummitReserve, GrandTrade, ANOI, 2008-N, MajorBarter, Olympex-Group, GoldNuggetInvest, PanaMoney, NovalexFinance, LargeSum, SilverInvest, EKOFunds, CapitalCorpex, HermisCapital, Giant-Investment, MutualForexFund, MaxShare, Mountain-Mining, DailyDiamondSurf, Youmilex, W-MTFund, SurfPal and IntensifyFunds (the first payment received).
By the way, IntensifyFunds is the new HYIP I decided to monitor on my blog. There are really many things I liked about that one which made me add them to my Top Recommended programs. It’s licensed GoldCoders script, DDoS-protection by Dragonara (their other clients include PerfectMoney and InoFund), dedicated server and the British registration of the company (you can check the certificate on their site). IntensifyFunds has some reasonable plans starting from 3.4% for 20 calendar days with principal return in the end of your investment term (LibertyReserve is the only accepted processor). According to their home page you will be given $3 on your first investment which has a minimum set to $10. Being online for 17 days already IntensifyFunds definitely deserves a closer look from my blog and I’m going to publish the review of this program later this week. Stay tuned for that and see you all tomorrow!
Filed under Daily News, Reviews by on Dec 17th, 2008.