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06/08/2014. Interview with the Admin of LaxoTrade


Beware! LaxoTrade has stopped paying! Do not invest there!

Hi everyone! Not much news to report on for you this evening, but there are two items that might be of interest to you. The first is a brand new addition to the MNO Premium List that I seriously think a lot of you are going to get excited about. It’s called BTCLegacy, it’s absolutely brand new, they tick a lot of boxes, and I’ll have more about that in a few moments so keep reading for the introduction. First on the agenda however is a slightly more established name – LaxoTrade, a program that’s been online for the last 110 days now, though only monitored on MNO for the last 19. if you don’t already know them it’s a longer term HYIP that offers two plans, including 2% per business day for 365 days, and 11% weekly for 55 weeks both with your principal returned on expiry. If you would like further information on LaxoTrade then you can start with the more detailed review published here, but for today I have an interview with the project’s admin. He’s going to talk us through the program in his own words, so let’s see what he has to say about it all and whether or not you think LaxoTrade is still a program worth joining.

1. Hi Milenko, please introduce yourself to the readers of MNO and tell us please about your own involvement in LaxoTrade. What is your role in the day to day running of the program?

My name is Milenko. I am the CEO of LaxoTrade.

2. Can you give us some background information on LaxoTrade? How many others are involved with the program or are you operating alone? How long have you been online?

LaxoTrade is online since Apr 18, 2014. We are an online division of a company that has dealt with the investment market for more than four years. We came up with the online program to increase both our trading capital and client base. LaxoTrade currently has 5 employees, not counting me as the CEO. We are still a small organization but seeing how fast we are growing that is likely to change in the near future. We will surely need more employees soon, primarily to handle user support.

3. Explain the investment plans in detail to us. What ROIs are on offer. What are the minimum and maximum amounts to invest? What payment options are you currently accepting?

We offer two plans at the moment – a daily plan and a weekly one.

The daily offers 2% each day (business days only) for a total of 365 days. The weekly plan offers 11% for each week lasting a total of 55 weeks. The principal is paid back at the end of the investment period.

We have decided to allow everybody to give our program a go and, to that effect, the minimum is only $1. Currently there is no defined maximum.

We work with 4 payment processors: PerfectMoney, Payeer, EgoPay and PexPay. We are considering adding other payment processors, like Bitcoin and Payza, but for the time being those are the only ones.

The maximum time for withdrawal processing is 24 hours. In practice, so far, the time to fully process a withdrawal is a few hours.

4. How secure is the website of LaxoTrade? What are you doing to protect it and members’ accounts from hackers? Are you on a dedicated server? Who is your host? What kind of anti-DDoS protection do you have?

We are indeed on a ddos protected dedicated server by We have also taken all the necessary measures to harden our server against hackers. We have SSL as well so we can offer maximum protection to our investors.

5. What kind of script is LaxoTrade running off? Where did you get it, how safe is it, and why do you think this one is most beneficial for you as an admin and your members?

The script is GoldCoders and it is licensed. Before we started, we tested several of the available scripts and, in our opinion, this one works the best. Also, Daniel, the programmer is always available to help as well as perform modifications on the script very quickly and at an affordable price.

6. Can we see any statistics regarding LaxoTrade? How many members have joined since the beginning and how many are active at the moment? Are you pleased with the support from the members so far? How important a role do they play in bringing in new members?

I can not provide you with the exact data, as it is a trade secret. What I can do is say that we are more then pleased and that our current growth overshot even the most optimistic expectations. If we keep on going like we are, we might become the biggest online investment program by the end of the year.

We are not a ponzi so we do not require constant growth.

7. How can members contact you if they have any questions or support related issues?

At the moment we are offering the standard ticket system for support, with a rapid response. Live chat will be added in the near future and, if there is demand for it, we might add telephone support too.

8. What have been the most common questions and problems you’ve had to deal with so far? Is there anything you wish to say here so that members can avoid having to contact you later?

Most common problem is that some members are not familiar with ecurrencies that we accept so we have to explain them in details how to fund and withdraw it.

Hopefully, it will be solved in future if we start accepting Payza, as in that case members will be able to deposit by credit cards which is much easier.

9. How have you been promoting LaxoTrade so far? What advertising strategy have you been using? How are you getting new members to join?

We are listed on your site, as well as a couple of other monitors. Other than that we do not spend much on advertising nor do we have the need to. Most of our new members reach us over referral links, so our best advertising are our existing investors. I do believe that that answers the second question as well.

10. What exactly are you doing with investors money? How are you investing it and how are you generating the profits being made to members?

The main portion of our income comes from FOREX investments, while the rest is generated by our stock market activity.

11. And finally is there anything else you wish to say not covered in this interview? Also please feel free to comment on the review of your program published on MNO. If there was anything you felt was unfair, mistaken, or in any way in need of clarification then you are welcome to explain this in your own words here.

Your review is excellent as are all the other reviews you publish. Very objective. I am not really sure what to add, as this interview did cover all the aspects of our operation. In any case, if any of your readers have additional questions they should feel free to talk to us. We will be more then happy to answer any questions they might have.

Thank you for this opportunity.

And thank you as well to Milenko for answering the questions. I hope existing members found it interesting, and potential members found it useful in deciding whether or not they think LaxoTrade is still a program worth adding to their portfolios. Either way. Best of luck to everyone involved and I sincerely hope it works out well for you.


I’m pretty excited to introduce a brand new program on the MNO Premium List to you tonight called BTCLegacy. I believe the program has a very good chance to become popular and literally anyone can make money from it. How is that possible you might ask? Well, first of all BTCLegacy offers the opportunity to earn from 5% to 7% fixed daily profit (depending on the size of your investment), but the icing on the cake is that you can actually withdraw your initial deposit at any time you like with absolutely no fees involved. Therefore you can join today, get your profit plus principal tomorrow, and leave. Though I would say the smarter more experienced investors will probably see the enormous potential of BTCLegacy which can go on for some time in my own opinion. The minimum to play with is $25 and the program will take the money via PerfectMoney, EgoPay, Payeer, and BitCoin – all the major options viable for the moment since STP is seemingly not currently interested in serving the industry. But that’s not what makes me think that BTCLegacy could have a long way to go – I believe the admin is highly experienced and knows exactly what he’s doing. MNO was his first choice of monitor and I was actually the first who added his program a few hours ago. BTCLegacy is utilizing the superb DDoS-protection from BlockDos – the undoubted industry leader when it comes to maintaining stability, and it doesn’t come cheap either. The choice of the script provider is also very good as BTCLegacy runs off a licensed version from Shadow scripts (read my interview with them here). That script is pretty expensive as well and just like MNO and BlockDos, also considered to be a leader on the market. The website can also boast the extended SSL certificate from Comodo. As you can see the admin of BTCLegacy is obviously looking towards getting with the HYIP industry leaders straight from the beginning as his budget allows him. That’s why I have quite high expectations for the program which I’m going to review in full by tomorrow. The program is already on Paying Status because despite the maximum 48 hour requirement my own first payment was done extremely fast. If you already want to join please note that due to the script’s peculiarities on sign-up you have to fund your wallet first and only then re-distribute the balance among the plan/s you wish to try. The entire process will be explained on MNO tomorrow, and meanwhile I’ll leave you with the short and sweet announcement on the BTCLegacy website marking its official start today and the alleged involvement with the BitCoin related business:
Welcome to BTCLegacy. Begin earning a passive income for yourself through our Bitcoin arbitrage trading. All investment plans are now launched as of today.

That’s about it for tonight, guys. Hope you enjoyed the interview and the new program introduction and are looking forward to hearing more about BTCLegacy along with the regular news from your favorite programs with most forward-thinking and experienced admins choosing MNO. To finish up I just wanted to give you a heads-up if you wanted to join ChampionsLeague – the program has stopped paying as of today and has therefore been moved to Problem status on the MNO monitor. More about that please read in the latest news issue tomorrow. Please also keep your votes coming on the MNO TalkBack page, as I might also analyze the preliminary results tomorrow. See you all again tomorrow!

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