11/01/09. TradeContract Review and Other News

THIS PROGRAM HAS STOPPED PAYING! PLEASE DON’T INVEST!

Hi everybody! Hope you’re all having a good weekend so far. The work never stops for money-news-online though! And so today I want to review not exactly a new site, but one that I only discovered recently. It’s called TradeContract and as with most of the recent reviews, it’s another HYIP. I’m kinda sorry I overlooked this one for so long but I still think we have every chance to earn a good profit from it. Let’s start with the plans.

There are three plans on offer here. They are called the Standard, Advanced, and Premium plans. And they work like this. The standard plan will pay you a grand total of 112% on your investment after 10 calendar days. That includes your principal. The minimum to invest is $10. The advanced plan matures after 20 calendar days and will then pay you a total of 130% including your principal on investment amounts starting at $25. And finally the premium plan. The minimum amount you may invest here is $50 and after the investment term expires after 30 calendar days you will receive 150% including your principal. The maximum investment accepted in all 3 plans is $100,000. Payments are not automatic by the way so you will need to register with TradeContract first before you can make any deposits or withdrawals. The admin maintains that after making a withdrawal request you should have the money in less than 6 hours, and if he can keep that up then it’s not a bad service at all. Only LibertyReserve and PerfectMoney are accepted by them at this time and realistically I do not expect that to change.

The security side of things is solid enough on TradeContract too. In fact they even made a couple of improvements recently. The script is licensed from GoldCoders and it is hosted on a dedicated server with anti-DDoS protection from Blockdos so that’s a fairly dependable combination. And the reviews from the existing investors have been largely positive so what could be a better recommendation than that?

My own two cents worth is that TradeContract is a reasonable HYIP that has some life left in it for a while to come yet. As I said at the start I’m sorry I missed the boat on this one at the beginning but you can’t have everything I suppose. I would however in no way treat TradeContract as a real company with real trading and investment plans. Just copy and paste a few lines form their About Us page and put them into Google and you will see that several online HYIPs are all using the same text. It’s merely long winded garbage anyway which once you sit down and read it you will see it actually tells you nothing. They also have an address in the USA. New Jersey in fact. I can’t check this out myself so if theres any readers around the area of the Marlboro township with an hour to spare and nothing better to do with it you might go check it out for us. One thing I was able to check out for myself though was their phone number and I can tell you this: Nobody’s home. Not today or any other day because it is not a valid number. So in my opinion this one is for experienced HYIP players who know how this game works. TradeContract is a good gamble and no more. But I do not see that as a hindrance to us making some money from it.

Other news for today.

First a very important message to those members of InoFund (reviewed here). I as well as many other investors received several phishing emails last night presumably from InoFund asking to buy some shares as a special offer to the members. Here is what those emails look like:
“We have just managed to extend the deadline for our special plan due to the enormous interest. The new deadline is now the end of this week – Monday 00:00 GMT in particular.
We would also like to remind you that the fantastic interest of the whole 50% will be distrubuted on Tuesday – which is in just three days! Minimum and maximum deposits are $100 and $100,000 per member, respectively.
Deposits need to be made at our very special website created for this new plan – http://www.inofund-special.com – or directly into our LibertyReserve account Uxxxxxxx. Please do not forget to put your INOFUND username into the payment memo field. Don’t miss this delicious opportunity!”
Please DON’T buy anything from this site and don’t send any money to those spammers and scammers! You have been warned about it not only by my blog by the administration of InoFund as well:
“We have received several questions today about the mailings from admin@inofund-special.com, so please be aware of scammers!!!
These emails are always fraudulent: the practice is known as “phishing”. Despite their appearance, a closer look at the emails will show that they will not have been sent by InoFund but by someone fraudulently posing as InoFund. InoFund would never ask you for your password, for any purpose. Remember, your password is your secret. InoFund do not keep records of passwords.
Please don’t visit this phishing sites. They can get your personal information and steel your money, also don’t deposit in any other sites :
1. http://inofund-special.com 2. http://inofundinc.com
REMEMBER! We only have 1 website address: InoFund, all other sites is phishing scam sites.
Please try to send this message to your friends and other InoFund Inc. customers, forums, blogs, etc.”

Another important update came from the admin of Now-Invest (read my interview with him here). Ryan informed all the investors about some temporary problems with crediting members’ accounts after making deposits. The problem was caused by the strengthening Now-Invest‘s anti-DDoS protection by their hosting provider and you can see now the one-time security verification page before loading the website. This is probably somehow interfering the Neversay script the program is using and the deposits are not credited automatically. If this happens to your deposit don’t hesitate to contact the admin immediately and he will add your deposit manually as soon as possible. Here is the update:
“Our hosting company just contacted us and said that Now-Invest will not be available for around 12 hours. It depends on country you’re from as there will be IP changes for the server. Please be patient and keep supporting us, I’m doing my best always to serve my members. I will stay here with you and update.
As our server is now more protected and every connection is being secured, we experience some issue with not registering deposits on the script. This should be resolved soon.
Meanwhile, please send support ticket with your payment details and your deposit will be added manually. Please do not send more than 1 support request for each deposit.”
I believe the admin should address the problem of missing deposits quite soon if he wants Now-Invest to continue working smoothly. So far the program experienced many problems from the beginning but this seems to be the most serious one. Anyway, the payments still keep rolling in so I hope the admin will be able to solve this problem as well!

Profitower (reviewed here) which keeps paying like clockwork by the way started accepting another e-currency called EcuMoney. This is a quite new but promising e-currency and if you may be interested in this event in case you have an account with EcuMoney. The admin of Profitower Simon just announced it in his latest update sent to all the members recently:
“We would inform you, we added today EcuMoney as processor option on Profitower.
EcuMoney is a new processor of payment which started 1 or 2 months ago. This is a real bank on New-Zealand, owned by real bankers. The processor works like LibertyReserve, you can use exchanger, but offers many securities.
We advise each our members to create an account on EcuMoney, if you verify your account, EcuMoney add 5$ as bonus in your account. In addition EcuMoney is a real private bank and company. Their support is very fast and they seem be very professional.”

W-MTFund (reviewed here) keeps updating the members of its performance on a daily basis. Every Saturday we’re getting new emails from them with the stats and the current news and events. The latest email from the admin of W-MTFund (read my interview with him here) was quite interesting and touched the topics of adding new payment processors (such as AlertPay and SolidTrustPay), advertising issues and of course the problems with HYIP.com that changed their status to Problem for no apparent reason. Here is the full update from him:
“We are pleased to keep you informed on the new interest rate, the current referral commission and all the other news relating to W-MTFund.
New year, new ad campaign for W-MTFund, new research for further cutting-edge sources of revenue for our Company.
We suggest you to carefully read this Newsletter: this is a special edition, full of ideas and proposals to promote not only W-MTFund but your business too!
Cooperation: this is the keyword…
The plunging global economy is taking a heavy toll almost everywhere. The good news for you is that, despite of this, W-MTFund is growing: 7.28% is the new interest rate for our Basic plan (+0.43%). The average interest rate for the last 26 weeks – the one that you have to consider in order to evaluate your expected profit -is stable well over 8% (8.60% this week).
A) Weekly interest rate
– from Mon, Jan. 12 to Sun, Jan. 18:
– MT Basic: 7.28% (=1.46% daily x 5 bd) – MT Standard: 7.78% (=1.56% daily x 5 bd)
– MT Silver: 8.28% (=1.66% daily x 5 bd) – MT Gold: 9.28% (=1.86% daily x 5 bd)
B) MT Basic: average weekly rate
– last 4 weeks: 6.03% (=1.20% daily x 5 bd) – last 26 weeks: 8.60% (=1.72 daily x 5 bd)
C) Current referral commission: 5.00%
New payment processors:
– STP is coming soon.
We believe this PP is reliable and supported by a trustworthy exchanger. Now we need to modify our script and to complete the documented verification: work in progress…
New advertising space on our main page:
– A good reputation together with a steadily growing web traffic make W-MTFund not only one of the best investment opportunity for 2009, but a valuable opportunity to promote your business too. Therefore, as previously announced, we have just opened an ADVERTISING SPACE on the main page. Also, a 468×60 banner rotator is going to be added.
Banner slots and text ads are for sale. Banner and link exchange could be an interesting option too. Just contact us!
Newsletter Advertising:
– From now on our weekly newsletter will be also available online (check the link in our news section/Noticeboard).
– Furthermore, from now on you can advertise in our HTML Newsletter: we send it every Saturday to all our members (we have about 1500 members so far!).
We accept a very limited number of 468×60 banners and/or 120×120 banners and/or text ads for each publication. Contact us to reserve your ad space!
Signature Ad Campaign
– Our “Signature Ad Campaign” is already a success: take a look around on forums!
Are you satisfied with W-MTFund? Are you subscribed to a forum? So, why don’t you put W-MTFund in your signature? You can earn extra money that way!
Also, you could invent a nice effective slogan: the best three slogans will be awarded on Jan. 31, 2009 (1st prize: $100; 2nd prize: $60; 3rd prize: $40).
Are you interested? Contact us to make an offer or to receive a quote!
Monitor Removed
– One of our monitor has changed our status for no apparent reason and then has not responded to our emails and support requests for several days (we got an answer after 5 days). Since this is not the first time it happens with this monitor, we had no choice but to clear it from our rating page, freezing the relating account and removing W-MTFund from its listing. Thanks Paul of Money-News for supporting us!
Reminder: Live Support
– Our Live Support is available for members only (you need to log into your account). We just want to remind you that it is usually active from 10:00 pm to 4:00 am GMT.”

Another serious and stable performer in the HYIP arena URInvest (reviewed here) also sent the update to its members. The admin of URInvest Paul (read my interview with him here) reported about the increasing profits the company gained, the plans to add SolidTrustPay and AlertPay shortly and support tickets issues. This is the full text of the newletter from URInvest:
“Please, allow us to briefly draw your precious attention to this quick Program update.
As we are moving forward, Ultimate Ratio Investments with its supporting website URInvest has just completed brand new deal on investment opportunity in one of the market’s heavily traded commodities, which should bring us an additional revenue, once the full profits potential is explored in the next few months.
This new deal, is strictly internal company project, but we wanted to share and mention it, because during past few days our staff personnel was heavily involved with it, therefore our support tickets got back loaded.
For the past week, we have chosen to set the priority on timely payouts processing, as we believe that this is of higher importance and as you all know, this important part of program operations, is completely on track.
We do apologize for delay with replies to your support tickets, but we would also like to remind users that they should really spend a few minutes and study our website content. It is unfortunate that the great majority of support tickets could have been addressed and prevented, if only users were a bit more vigilant, when creating their accounts.
Lastly, we are truly excited to report that users have began to use our digital currency exchange feature (interest bearing plan) and that many are now requesting their payouts via corporate checks (URInvest BillPay).
This, certainly saves all of us a good deal of money on exchange fees and it is only because of increased usage of our exchange services, we are now planning to add new payment processors, such as AlertPay and SolidTrustPay.
If you recently submitted support request and it was not yet addressed, kindly resubmit it after reading this email in full.
If your inquiry was about general program features, please look through our website and/or post your question on one of the public forums, in which many of our users are participating and can share their experience with you.
If your inquiry was about transaction code, which is required for placing withdrawal requests and if you cannot recall it, please reply NOW with the security question and answer, which you entered when created an account with us. If you need your security question emailed to you, please state so.”

Mountain-Mining (reviewed here) stated that the first investors visited their mine in Tanzania but those statements remain unproved. We can’t verify if this is true or not but the company’s offer of visiting Tanzania is still valid for their larger investors. So if you’re one of them and can verify their stories please contact me and I would love to ask you some questions for my blog. Anyway, Mountain-Mining started accepting Bank Transfers recently and if you want to know more about it please contact the admin of Mountain-Mining regarding this:
“Dear Investors of the Mountain-Mining Investment Limited, we thank sincerely all the members / investors who trust on us by investing in the progress and the success of our company. Last week we had 3 Investors here in Tanzania from Canada who came to visit our Mine and our offices. 4 other investors are visiting us next week. As you know we are offering a Journey to our mine and our headcounters for Investors with Investments over US$8000. Just visit http://www.mountain-mining.net/visit.htm for more Information. Investors who wish to invest $1000 or more can ask us for our Bank details and invest direct wire Bank Transfer to our company account in Tanzania. Please note that if your investment is over US$1000 and you want your deposit to be secured by our Bank Guarantee you have to send us an email to contact@mountain-mining.com after your investment and we will send you a Bank Form to fill“.

Nearly forgotten already VolcanoInvest HYIP reminded investors about their existence in a strange way today. The admin promised the refunds again stating that everybody not in profit from VolcanoInvest would be refunded. In my opinion, he’s definitely going to open another HYIP soon and hopes that by refunding old members he will be able to have a good kick-start for his new program. It’s just my own speculation of course but it’s based on experience so we will wait and see. Here’s the above-mentioned email from VolcanoInvest admin:
“The VolcanoInvest site will be closed during next several days. You will not be able to check your VolcanoInvest account.
All members who not received refund yet, please login into your VolcanoInvest account and write down the data:
1. The Account ID (digital).
2. The LR, PM or VM accounts numbers.
To save communication with our members we had opened a blog: http://volcanoinvest.blog.com/
All news and contact information will be published on our blog, please remember the address: http://volcanoinvest.blog.com/
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 understanding.”

And the last update for today came from the most recommended program AggeroInvestment. The admin Roger (interviewed here) is active as usual and never stops surprising the investors with the new features being added to his website. I remind you that AggeroInvestment will go private again in a week and will be closed for new registrations so if you’re not in this great 127.5% money-making machine register soon. This is the update from AggeroInvestment:
“Just a couple of updates to our site that I think you should know about:
1st- I contacted our new hosting service and asked why some members are still having issues with accessing our site. He replied that he has a list of banned IPs from previous programs that he hosted and is applicable to all servers. He said that he will clear those banned IPs on our server so everybody will have no problems accessing the site. If you still have problems then just email me your IP address and I will forward it to him.
2nd- We just installed a new support ticketing system. This will help me organize the tickets I receive and give priority to those who need it the most. Please use the support form from now on. I am still new at this so please bear with me as I learn the system.
3rd- I just installed a ChipIn widget on the main page. Help me try to raise $300 per month to pay for our program’s server costs. Only Paypal is accepted.
That’s about it. Thank you for all your patience and support. We will definitely move forward from now on.”

It seems I was too fast to return LargeSum to Paying status as I again received some reports of Not-Payments. I am going to move LargeSum to Waiting status on my monitoring page again today and this time I’ll make sure it will be not on Paying status on my monitor until ALL the pending payments are processed. Please note that LargeSum is not recommended for investments anymore by my blog!

Reporting the payments from different programs has always been an important part of my daily newsblogging as it really should help the investors to be up-to-date with the programs’ performances and I hope it will help you make some good investment decisions. So here are the list of the programs that paid me over this weekend: InoFund, AggeroInvestment, GrandTrade, ANOI, ResidualForexIncome, Giant-Investment, BrainManagement, NoRiskInvestment, URInvest, Youmilex, Now-Invest, Profitower, W-MTFund, FXOIC, CadillacVentures, GoldNuggetInvest, ImokTrade, QuickYield, NovalexFinance, MajorBarter, Olympex-Group, StableProfit, BestFXWorld, 2008-N, EliteFundGroup, IntensifyFunds, SilverInvest, TradeContract, CapitalCorpex and Increaser (the first payment received).

By the way, Increaser program was just added to my monitoring today but the program is already in my Recommended list and has a Paying status. How can it possibly be? Well, the answer is simple: because it’s paying daily. Increaser is a new surfing program which is online for only 6 days but already gained the attention of experienced investors. Using Increaser you can earn 6% daily for 26 days by surfing only 5 pages for 30 seconds each on manual mode. So your total profit from Increaser can reach 156% after less than 4 weeks paid to your LibertyReserve, PerfectMoney or StrictPay account. Not bad at all, eh? And it’s only starting from $5 minimum deposit (the ad units can be purchased up to $20K). Don’t have time to surf or simply not a fan of surfing sites? No problem at all! Increaser has a plan for you too which doesn’t involve surfing and will get you even richer by paying 8% for 26 days (208%). Note that your no-surfing plan profits will be paid to you by Increaser only on expiry (i.e. after 26 days) but will accrue to your account every 24 hours. The site is using the ever popular Neversay script, using simple but attractive design and hosted on a dedicated server by HushHosting. I will review Increaser on my blog tomorrow so stay tuned for that!

Another program listed today on my monitoring page is WorldMoneyClub which just launched yesterday. The program can become not a bad pick for your investment portfolio and the admin stated that they are a registered company in Cyprus and involved in Forex and stock trading. Anyway, investors are mostly interested in investment plans of course. So WorldMoneyClub accepts LibertyReserve and PerfectMoney which can be invested into two plans: 119% after 6 days (paid on expiry) and 4% for 10 days (with the principal being returned on expiry). The site is kinda raw so far and I noticed that in the Opera web browser it’s not working properly but in my private conversation with the admin I noticed his willingness to improve the site and I hope everything will be fixed soon. By the way, you can chat with Live Support and ask all the questions you want – quite a rare thing in the HYIP world and I’m glad that WorldMoneyClub is such an exception. I will review the site in more detail on my blog next week.

Finally, the last addition is DukasFund which can be characterized as a very low-ROI program. The program is offering two plans with extremely low returns for HYIP industry: daily plan with variable interest of 0.3%-3.2% for 365 days and weekly plan with fixed 5%-5.5% weekly for 25 weeks. Yes, it’s quite low and the minimum is quite high reaching $20 for weekly and $50 for daily plans. DukasFund accepts LibertyReserve, PerfectMoney and Pecunix as their payment processors. The hosting is good though. They are on a deciated DdoS-protected server from ThePlanet company and their domain is registered for 2 years. Maybe worth trying! A detailed review will be on my blog soon. Stay tuned and see you tomorrow, guys!