02/09/2010. SignalTraders Review and Daily News from the Industry

BEWARE! THIS PROGRAM HAS STOPPED PAYING! PLEASE DO NOT INVEST!

Hi guys! Today I’m in Aalborg in Denmark and have to say my first impressions were good. Maybe it’s the improvement in the weather, though to be honest the first thing I noticed after leaving Norway was just how much the price of everything has come down! Not that Denmark is exactly cheap either you know, but compared to Bergen everything looks like so much of a bargain here now. Anyway, first impressions are also going to be last impressions because I’ll be on the train to Hamburg first thing Saturday morning, but I’ll so some more exploring tomorrow.

Getting back to the news however and before we get to the updates there is another mid to long term investment program that’s been added to my monitoring list recently. It’s called SignalTraders and it’s brand new. There are six plans in total for you to choose from. The first four will return your principal on expiry. The last two plans will not, but don’t be to hasty in deciding which is better. The plans where SignalTraders keep your principal make higher payments, so may put you in profit a little faster. I’ll go through all of them here for you anyway so there will be no misunderstanding.

So starting with the plans that return your principal, the first option runs for a term of 60 days and is open to deposits ranging from a $10 minimum to a $100 maximum. Obviously therefore it’s going to appeal to the smaller investors and if that includes you then SignalTraders are offering a daily interest payment of 2%. That all adds up to 120% which can be considered pure profit when your principal gets handed back.

If you’d like to risk a couple of extra dollars for a higher return then Option 2 offers you a daily interest rate of 2.3% per day on deposits between $101 and $500, again for a term of 60 days. As SignalTraders again return your principal on expiry the profit earned from this plan totals at 138%.

Things get a bit more serious with Option 3 as the interest rate goes up, as do the investment term and the minimum allowed deposit. The plan runs for 90 days this time – and if that sounds too long just remember that you’ll actually be in profit long before that – and accepts deposits starting from a minimum of $501 up to a maximum of $5000. SignalTraders offer daily payments of 2.6% interest this time which adds up to 234% total profit on top of your returned principal.

The fourth and final option in this section only accepts deposits of $5000 and up (to a maximum of $20,000) so I don’t expect many of you will be all that interested. But just in case you’re curious to know, SignalTraders are offering 3% interest per day for 120 days, principal back on expiry.

Next up we have two plans that include your principal as part of the payments, and whilst on the surface not appearing to be quite so profitable they do make bigger daily payments. You may not earn as much, but what you do earn will be earned faster. So if your just looking for a faster more aggressive profit then take a look at this. I have to warn you though, it doesn’t come cheap so think twice before signing up. The first plan runs for 30 days and is only available to investors prepared to spend from at least $500 up to a maximum of $2,000. In return SignalTraders will offer you a daily interest payment of 4%, allowing you to break even after 25 days and finish with a total return of 120%, or 20% profit. Not quite what you may have made on a similar sized deposit in the other “principal returned” section, but as I said you’ll be in profit faster and there’s nothing to stop you joining the same plan twice if it successfully completes the cycle.

For bigger investors SignalTraders‘ final plan is open to deposits from $2001 to a maximum of $10,000. It runs for a term of 60 days and pays you 3% interest per day including your principal. This would allow you to break even after 34 days and finish with a final return of 180%, or 80% profit.

There’s not a bad selection of payment processors accepted if you do decide to join. Unusually (these days) for a longer term HYIP SignalTraders are accepting AlertPay which I know will be a popular choice for many readers. LibertyReserve and PerfectMoney complete the list, however bank wires are also accepted. Unfortunately as this requires a $5,000 minimum it’s unlikely to be taken too seriously by most online players but at least the alternatives are acceptable. Payments are made manually and need to be requested. The admin asks that you allow up to 24 hours to receive it. Minimum withdrawal is one single dollar.

I’m a bit sketchy regarding the details of the security of the SignalTraders website. I mean the script is ok – it’s licensed from Neversay – and the hosting, which is on a dedicated server from BlackLotus, is also good. But what I don’t quite get is the claims that the website is using SSL encryption but I’m afraid it’s not clear if that’s fully operational just yet. But if you would like to ask the admin about that or any other aspect of SignalTraders then you can contact him through a variety of different e-mail addresses and different languages. As well as English you can also write to them in Russian and Chinese. I have to say this is a most welcome sight and a sign of not just professionalism but also just plain old common sense. How many times in the past have we seen admins that were so utterly hopeless when it came to speaking English, but still insisted on confusing everyone with their efforts. (Not to mention their joke Anglo-Saxon “names”, lol!) Aside from the e-mail addresses there is also the usual support ticket submission form that you can fill out. SignalTraders also have a postal address which I’m sure will be instantly recognized by longer term industry players. It’s the famous Century Tower in Panama City which has seen so many online HYIPs using them as a virtual office by now it’s almost like some kind of international centre for them! This address comes with a fax number but no telephone.

ForEx trading is the chosen line of business for SignalTraders as claimed by their website. Texts are original which is always a plus. It shows a more professional attitude and a better level of organization, even if it doesn’t necessarily prove anything. So like most online HYIPs SignalTraders is a mixed bag but one with plenty of options. If joining then play as part of a wider more diverse portfolio with affordable amounts that reflect your own level of experience and expectations.

DAILY NEWS FROM THE INDUSTRY.

Staying on the topic of the above reviewed SignalTraders let’s start today’s news with the first newsletter I received from them today. It looks like the program is off to a good start and the admin is starting his advertising campaign already by providing forum support and adding different monitors to watch their performance. I believe with such a variety of plans SignalTraders can become a popular program pretty soon. Of course, it all depends on the active position of the administration in promoting their program, but as far as I can see from the first email sent from them they are quite determined to do so:
“Hello members of SignalTraders,
Today is our second day online and I’m very glad to announce that 110 persons have joined and most of them are active investors, today we started to add monitors and in all of them we bought banners, we are starting too a massive campaign of forum support, as you can see in our rate us page more than 20 forums has been listed today and in all of them we are active and bringing support. We hired one person to do publicity work and forums support, her name is Christina and she can be contacted if you own a blog, monitor or forum and want to support us, her mail is cristinaadvertiser@signal-traders.com.
Every day we’ll be adding new forums, we look forward to your support and post your payment proof every time you receive a withdraw.
Soon we will be reviewed by the famous blog MNO, so stay tuned for new updates.
Thank all the investors who have given us their trust, we are working hard not to disappoint them and provide the best service, our live chat is online for about 10 hours daily, so you can go there if you have any concern or send an email to support which will be answered as soon as possible.
Best Regards. Administration.”

I am afraid that will be all the positive news for today as a couple of programs have been moved to Problem status on MNO tonight. I believe Pickash became the main disappointment of the day as the admin altered the monitoring logos on his rating page with static images. Needless to say that means 100% that the program became a scam and the admin doesn’t want anybody to pay attention to some selective payouts which will obviously now feature on monitoring sites. I moved Pickash to Problem status on MNO straight after I found out about it and although the admin apparently tried to persuade me on my ShoutBox (I believe he’s registered under the name Orchard there) that his program was ok I’m not stupid. In addition, I received a couple of complaints from my readers today about non-payments and I took them seriously considering an obvious attempt to scam. Please do not be fooled by the paid posters on forums as even if Pickash still pays some small amounts it’s definitely selective in them, which only makes things worse. I don’t believe Pickash will be able to recover this time and after 2 successful cycles of 125% after 5 days it looks like the program is going south. Of course, there are many negative factors that contributed to Pickash‘s failure including AlertPay blocking them and some crusade spread by the username “caution” (I believe he was “Shrub” on my Shoutbox). To tell you the truth, I was so sick and tired of those obsessed personalities I’m almost relieved not to have to deal with them anymore. There are so many things that came to light during this battle, the strangest of which was probably multiple personalities used by the admin and his main enemy. But I prefer not take sides in this story. Neither person was really a shining example of good behavior and they are both to blame for the premature collapse of Pickash. Although if we believe that “caution” character ChokoMoney ran for two cycles and Pickash also ran for two cycles. So the outcome was actually the same and the pattern was obvious. I really hope that those who lost out due to AlertPay freezing the account will get their refunds from them soon. Anyway, I will try to discuss multiple personalities issue in my next MNO Fridays article tomorrow. Stay tuned for that, guys!

If you remember what I wrote yesterday I was contacted by one MNO reader and complained that OnlineMDT was not changing the LR account that was allegedly changed due to hackers attacking their server. The worst thing though is that the admin didn’t reply to me or to him either. And the communication issues with him are obvious at this point. And if he’s not communicating I assume he has nothing to say and deliberately keeps those accounts unchanged in order not to process the withdrawal requests. Such conclusions can be easily drawn but I’m not sure if this is true. So I moved OnlineMDT to Problem status on MNO and if the admin reads it now he’s advised to contact me immediately and solve the issue with LR accounts. I don’t think that it would be wise to make any further investments in OnlineMDT at this point and I will keep you updated on MNO if that changes anytime soon.

I tried to access the HOX website today and to my great surprise wasn’t able to find it on the server. It looks as if it was deleted completely and will not come back. In addition, when checking whois for the site I noticed that the domain HOX.biz is now for sale for $702 which really makes me think that the owner of the domain disappeared. I don’t know what was the reason for it as even yesterday I was paid from HOX perfectly well. I will be trying to contact the admin but the chances of seeing it back online are not very encouraging.

The admin of HandyProfit which didn’t even last for one cycle and whose site was hacked on (according to him) on the day the payouts should be processed made a full refund to one of my referrals like he promised. That guy contacted me about that and reported that he had been refunded. I remember I had one more referral in HandyProfit and if he reads this now I would ask him to contact me for his refund as well. At least we can see one honest admin here who is trying to do the right thing which is quite rare in this industry.

I was really surprised to receive an email from FairHyip which I had already written off as a scam. Today although I received a newsletter from them stating that the payouts will be back to normal after September, 12th. I would like to give them the benefit of the doubt in this matter, however it still didn’t convince me. My opinion regarding FairHyip still remains unchanged: stalling tactics in order to get more deposits by mid-September when they either will scam everybody or keep paying if there will be enough money to cover the withdrawals accumulated for the last month. Still their excuse about non-possibility to process the pending payouts till September, 12, sounds hilarious to me. However, in the interests of giving them a fair chance to prove themselves I have made a decision to move them back to Waiting status on MNO and see if they really start paying soon. Of course, I will let you know when this happens (or doesn’t happen). Meanwhile, you can read the long email from FairHyip in which the most important part is still about the payouts:
“Good day, dear Fair Management Corporation (FMC) investors and future investors and partners!
Our second press release will be presented in five parts, devoted to:
1. news and announcements related to FairHyip’s investment portfolio (https://FairHyip.com)
2. news and announcements of the Premium Management investment portfolio (https://fair-premium.com)
3. the opening announcement and functional description of our company’s new financial stock and e-currency system project named Fair Market (https://fairmarket.biz)
4. news and announcements regarding our unique intellectual arbitrage betting system – Fair Betting (https://fairmanagement.org)
5. and announcements of FMC’s new planned and in development projects.
This covers part 1 of our company’s 5 section press release, which will be devoted to news and activities of FairHyip‘s investment portfolio.
We apologize for delays with it, caused by the process of eliminating security issues.
Now, on to the subject matter of today’s message: news and announcements about FairHyip investment portfolio.
Probably the primary questions you have at the moment are:
Why have there been no payments from all of the company’s projects?
When they will be processed?
Following are the explanations.
As you may know, it will soon be the birthday of the company’s first project. FairHyip‘s investment portfolio will celebrate its first year in business!
During this period, we have gone through much together; many have come and some have gone, but we remain!
This is due to the efforts of all personnel, but above all, undoubtedly to the company management!
You know, people are not robots, and all of us need to have a rest, restore nerves, health and recharge our “batteries” for a new working season! That also is the reason for the absence of payments.
Therefore the company management is on vacation until September 12th, 2010 (inclusive).
Regarding the matter of security, the company’s basic accounts in various electronic payments systems are protected with a variety of blocking mechanisms – access from static IP addresses, the requirement of PIN-codes on e-mail, from mobile phones, etc. So it is impossible to gain access with the majority of these from locations remote to the company’s office.
Also, unsafe types of internet access – for example, public 3G networks using dynamic IP addresses, used in remote resort locales, jeopardize the security of transmitted data and correspondence.
As only company management have access to the main accounts, any possible roguish actions of unauthorized persons are thereby prevented.
All payments due on the FairHyip portfolio, as well as on all other FMC investment portfolios, will be processed between September 13-15th, upon the return of company management to our office.
Please – have patience; all withdrawal requests not in violation of our rules will be satisfied in full!
Further, we are compelled to inform you about the termination of summer company promotions, i.e., 5% commissions for all deposits, paid by us, and reduced percentage, charged for early deposit withdrawals (back on 1/3 now).
Instead, we’re pleased to announce a decrease to 2% on charges for deposits via WebMoney, LiqPay, and VISA and by wire transfers!
This promotion will remain in effect until the end of 2010!
Consider also the renewal of official FairHyip portfolio partner status applications.
For program renewal invitations which you sponsor, you will receive 10% commission from your clients’ income withdrawals!
Please also take note of an increase on the minimum required active deposit for partners to 500 USD. In the near future, an audit of existing partner accounts will be carried out to ascertain conformity to this requirement, and any partners not in compliance will lose their status and all referred clients!
Additionally, statuses will be removed from those “lazy” partners who have invited less than 2 clients with active deposits at the time of the audit!
For partners and all clients, new promotional materials in Russian and English are available.
To receive an access code for promotional materials on FairHyip‘s partnership conditions page, please refer to https://FairHyip.com/content.php?a=partner .
That’s it for the first part of our press release, devoted to the FairHyip program.
Expect the second part, devoted to the Premium Management investment portfolio, within the next few days!
Take care!
Best regards, Fair Management Corporation team”.

For the last 24 hours I was paid by the following programs:
SignalTraders (the first payment receieved), InWolton, OptimumPride, Flamanta, YesInvestment, EzProfit, CashMiner, UniteTrade, GlobalTradeManagers, OnyxInvClub, FundsOMatic, YamaFinance, Vodapex, NovaFx, ReProFinance, UniquePay, OilStructure, PawnShopFund, 144CashAds, MutualTreaty, CherryShares, FutureTrails, VividTrade, ForexCompanyOnline and WorldPrivateFunds.

See you on MNO tomorrow with another issue of MNOFridays and more news from the industry! Stay tuned and always be on the money with Money-News-Online!