20/07/2010. UniteTrade Review and Other News

UNITETRADE IS GONE! READ MORE ABOUT THAT IN THE NEWS SECTION OF MY BLOG!

Hi guys! As promised earlier today I have the usual news round up for you as well as a closer look at an unusual program that’s not quite new but is newly added to my monitoring list. It’s called UniteTrade and at first glance it looks like a run of the mill short term HYI program but after doing a little digging it seems that they have been running for over three months now. Maybe not a big deal for low ROI long term programs but UniteTrade isn’t. It’s a short term program with just two plans available.

The reason it seems to have survived as long as it has probably has at least something to do with the fact that it’s gone completely under the radar for most investors, myself included. A quick look at the major forums shows that despite being over 100 days online there is next to zero activity from real investors. What forum contributions do exist, 95% would appear to originate from just two monitors. Well, better late than never I suppose and I guess the admin has decided to make a go of promoting his program and save it from the annals of history’s “also rans”. And who am I to argue with that?

But before we continue with the plans let me just say, and this is an entirely personal matter, that I myself prefer to ignore the lengthy lifespan of UniteTrade based entirely on the fact that it wasn’t popular. They may be three months online but in my opinion you can run an online HYIP indefinitely if you never have to pay anyone. I may be wrong but that’s definitely what it looks like here, with whatever “real” (non monitor) members there are doing nothing to make their presence felt on any of the forums. You take that anyway you like, but I’ll take it like this is the first “serious” day of business.

So what of the plans? As I said UniteTrade has two of them and they’re fairly straight forward industry standards with nothing overly complicated. The first of these runs for a term of 7 calendar days. Minimum spend is just $5 so there’s no excuse for getting yourself into trouble if you do join. Payment is made on expiry and will be to the tune of 120% of your initial investment, principal included. Obviously not a long term financial strategy in the traditional sense like your bank might describe it, but as far as short term online HYIPs go it can be sustained for a number of cycles provided it gets the right support.

The second plan runs for a term of 15 calendar days and has a significantly higher minimum spend of $100 to join. The return which is again paid on expiry, which this time is 150% interest, principal included. Granted it’s more profitable, but I’m just not sure if it’s that much more profitable as to justify the inflated expense. For example joining the first plan and redepositing for a second round gives you 40% profit, just 10% less than what you get here after 15 days but (unless you want to spend more money) for a cheaper price. Doubtless that some, including the admin I’m sure, will point to the fact that the program has been online since April an an indication that it is worth it. The real choice of course is as always entirely up to you.

The choice of payment options is pretty good for a short term HYIP. Or maybe I should say at the moment it’s average but about to improve. Currently UniteTrade are taking deposits via LibertyReserve and PerfectMoney, but the admin assures me that his AlertPay account will be verified any time now so that will throw the program open to a lot more investors pretty soon. If you prefer to wait for that then keep an eye on MNO and I’ll let you know the same day it happens. There is also a SolidTrustPay banner displayed but no indication as to when (if) they will be added. By the way, StrictPay are also accepted but as you remain unlikely to turn any investments made through them into real spendable cash in your pocket it’s a bit pointless using them. Apart from amusement value perhaps, a bit like playing poker with monopoly money. Payments are made manually so you’ll need to request them. 12 hours is the time required by the admin to get it processed.

UniteTrade is running off a licensed GoldCoders script and is hosted on a dedicated Staminus server with support and protection by DdoSWiz. Contact with the admin should you require it is given by filling out the e-mail ticketing form on the support page. SSL encryption is not in use.

Texts are not original and are to be seen in use by a number of other online HYIPs. That’s fairly common practice in the industry as experienced players will know. It’s no big deal as far as online HYIPs go (more to do with the designer than the admin) but just remember that it means any claims about outside business interests (in this case the stock market) are unlikely to be accurate. Therefore follow the only reasonable course of action if joining and treat UniteTrade with the same caution as any online venture. So enjoy it if you win but accept the fact that it’s not guaranteed that you will. At least not forever anyway.

OTHER NEWS FOR TODAY.

Today was quite slow for news but let’s start with a good news. And yes, it’s about PrivateDiamondClub (reviewed here) which seems to be completely back to normal. And by saying that I mean that the pending withdrawals have been processed today and some people already submitted their votes for PrivateDiamondClub on the MNO forum here. If you haven’t done so yet please do it now and support the program that managed to survive for a full week without any money flowing in. I believe it’s maybe not proof that the program has some outside sources of income but rather a good indicator of the admin’s determination to maintain their success despite all the obstacles. I thoroughly respect this approach and will be glad to see PrivateDiamondClub in Paying status on MNO for many months ahead.

FxCrudeOil (reviewed here) continues to grow slowly but steadily with the admin of the program issuing updates daily straight after completing the next round of payouts. FxCrudeOil has come a long way over the last 3 months online, steadily processing payouts on three weekly plans of 10% for 15 weeks, 11% for 20 weeks, 12% for 30 weeks and accepting all the major payment processors at the same time. Who would’ve believed they would become one of the hits and occupy #7 in MNO rankings already? Well, it’s happened and I hope the admin keeps up the good work so the program continues to run for a long time. Here is the latest update from FxCrudeOil:
“All pay out has been completed. Pls vote for us!!
Thank you to those new members just joined.
Remember we have compounding option available and can fund wallet any amount from 1$.
We have strong DDoS protection with SSL service.
Latest update
New Members Today : 2, This week : 25, This month : 77
Thank you and enjoy. FxCrudeOil Admin”.

I would like to thank everybody who is participating in my weekly polls regularly as it helps me find a vector in which MNO blog and the site as a whole should evolve. In addition to that I think such public opinion could be interesting for HYIP admins as well because it really shows what the HYIP audience wants. So apparently that the favorite in the most recent poll about the type of programs you prefer to invest in currently are short-term programs. So far fans of short-term programs garnered a whopping 55% of all the votes (34 participants in the time of writing). It simply means that short-term programs (where you can be in profit in less than 15 days) are in huge favor now and that the investors treat more HYIPs as games (which they should be treated like this anyway) and prefer to receive faster returns on their investments. The second place is expectedly given to long-term programs (where you get your profit in over 45 days) and 29% of voters (18 readers) give favored those.

I’m glad to hear that as probably the successors of GNI, GeniusFunds, PanaMoney etc. alike are ready to assume their leading roles by September when the industry is expected by many experts to be back to normal. The least popular are medium-term programs offering the profit within 15-45 days of your deposit – only 16% of voters (10 people) prefer these type of programs. I noticed myself that they are not so popular as others anyway. So we have interesting results but that’s not all, folks. The poll will continue to run till Sunday and then we will draw the final results after that. If you are an MNO subscriber and want to vote or if you’re for some reason read my email from your mailbox please submit your vote here. Or simply go to my blog page and find the poll under my Shoutbox.

The enormous level of popularity and enthusiasm surrounding the newly launched FinalEarn program (reviewed here) just proves the results of my poll are truthful. Over 50 members joined FinalEarn under me already, possibly even after reading the latest interview with the admin published here. In the latest update issued after the first five days online by the admin Allen announced a grand advertising campaign that was launched and more monitors were added and more banners have been purchased. As you might have noticed already Allen also purchased several banners on my blog, monitoring and forum pages and you can see them already. All the banners have been purchased for a month so that proves that the admin of FinalEarn is quite serious in making his program a long-lasting one. Of course, it’s not a 100% guarantee that FinalEarn will last for another month but at least we can see his determination to make it happen. Anyway, with such high-paying plans like 115% after 3 days and 140% after 7 days everybody has a decent chance to be in profit. I hope that the appearance of FinalEarn will mean the end of widespread short-term scams and the beginning of a new era in the HYIP industry and will indicate its recovery. To make this happen though the investors should contribute by constantly voting after receiving payments on the approved monitors (including the FinalEarn thread on MNO forum here) and support the program by attracting more new members which will be essential for the program’s survival and proper functioning for a longer period of time. Here is what the admin of FinalEarn has to say about all of this in his latest newsletter issued today:
“Hi to all members,
We are very glad to inform you that Final Earn has passed 5 days online successfully and 95% of the monitoring sites had already set our status as “paying”. Some other monitorings are still on “waiting” status since their plans have not expired yet and have not requested any payment yet, so there is nothing to worry about it.
For a fresh update, Final Earn interview has been published by Paul from Money-News-Online
If you want to know more about us, we recommend that you spare some time to read this article:
http://money-news-online.com/blog/2010/07/19/19072010-interview-with-the-admin-of-finalearn/
We all know that for a program to further flourish in this business, everyones participation is somehow needed.
We have seen great sites in the past that have made it to the peak due to that factor____members support.
When you get your payment, could you make it a habit to vote for us?
You can find our rating page at here:
http://www.finalearn.com/banners.php
Should you wish to participate in discussions about our program, please drop by here:
http://money-news-online.com/forum/viewtopic.php?f=9&t=327
You can post your questions or problem to this topic and then we will try to reply on the soonest time possible.
Currently we have started a big advertising campaign in most blogs and popular monitoring sites to keep this program Number One in the Hyip industry.
Advertising on the forums will commence in the following weeks to further boost our popularity.
A live chat section will be installed in the coming days so we can better serve you.
From then on you can reach us more efficiently and more productivity is in the offing for us.
One mission at a time…all have been carefully planned.
Let me thank you all for the great support you’ve been extending to our site.
Our site is your site, so let us all make the most out of it.
This will be all for now.
Best regards, Allen”.

I have been paid today from the following programs featured on my monitoring page:
FinalEarn, Disalina, SeatRonacs, YamaFinance, HOX, FluxRates, InWolton, OnyxInvClub, ReProFinance, BullInvest, UniteTrade, OilStructure, PrivateDiamondClub, FundsOMatic, AvaInvestment, FxCrudeOil, CherryShares, GoldCollarInvest, YesInvestment, GoldenInvestment, EzProfit, RedOrchidInvest and Biffalo.

That’s all for today, guys! I will see you on my blog tomorrow with the most up-to-date news from any source in the HYIP industry.