Hi guys! I hope everybody’s weekend is going well so far. I still have quite a bit of work to catch up on myself for money-news-online so it looks like I’ll be keeping my head down for the next few days and will hopefully be back on top of everything by mid-week. For today though I thought I would round off the weekend by taking a look at a recently launched HYIP called Tradirex. It also happens to be one of the better ones I’ve seen in the last ten days or so.

So what’s it all about? There are three plans and well, I suppose it’s kinda the old fashioned traditional HYIP in the sense that as you invest in longer term options the risk goes up but the rewards become a lot sweeter. So let’s start with the first one. It runs for 5 days and will give you just one payment, made on expiry. The total return will be 109% with the minimum to invest at a very reasonable $5 and the maximum set at $50,000.

The next plan offered by Tradirex is very similar to the previous one. The minimum to invest is still just $5 and the maximum is $50,000. And again there is just the one payment made on expiry. But this time the total return is 122% and the investment term runs for 10 days.

And then the third and final plan sticks to the same formula as the others. Minimum investment remains at the bargain basement level of $5 with the maximum still $50,000. And again you will receive just one payment, also on expiry. This time it will be for a more mouth-watering 145% after a 15 day investment term.

Payments are made seven days per week and you can usually expect to see your money within 24 hours. You are reminded though that there is no actual schedule for this so a little patience is asked too. The accepted payment processors include all the usual suspects such as StrictPay, PerfectMoney and LibertyReserve. But in a very welcome break from tradition as far as HYIPs are concerned, the admin has taken the rare step of adding SolidTrustPay as an option available to members.

This will prove to be a hugely popular move amongst investors and let there be no doubt about it. And let’s call a spade a spade here and admit we all know exactly the reason why this will be so popular. Because STP have a much more stringent verification procedure, are subject to closer scrutiny by the financial authorities in Canada and take less of a “laissez faire” attitude to scams and fraud. No disrespect to the other payment processors, they’re all fine companies in their own right and subject to their own rules and regulations. But STP will step in and get involved where others will not in the event of a program failing to pay it’s members. So kudos to the admin of Tradirex for taking this bold step. It will only serve his program well in the long run anyway by helping to improve investor confidence.

But there’s more than just that. The security features here would only add to my assertion that the admin is taking his program seriously and is definitely aiming for long term trading here. He’s certainly not cutting any corners with security and is not afraid to spend a little extra if it results in getting the best for Tradirex and its members. It’s hosted on DdosWiz who are very reliable in their protection and level of customer support. Other than that they also boast a 128 bit SSL. The script used is licensed GoldCoders which will provide options that are already familiar to the majority of the investors. The domain is registered for twelve months, which some of you might not think is so long. But you know good as it is, I wouldn’t realistically expect it to last that long anyway so let’s not worry too much about that just yet. There will be plenty of time for extending it anyway if such a need ever was to arise.

There are a number of things that I like about Tradirex. Some of them quite small and not that difficult for any program to implement. For example I like the way the amounts to invest in every plan are all the same, thus making them all equally available to investors on every kind of budget. The plans, which are already sustainable, will only benefit from this as it will attract new members. I also, as I said already, like that they have added STP. Again not a difficult thing to do, but too many HYIP admins still don’t want to know about it. I like the user friendly design and the plain and simple explanations on how it all works. But I simply have to give special mention to one of the best answers I have ever seen on any HYIP FAQ section. When it comes to the always contentious issue of being a registered company, a question that so many are expertly adept at lying about, the admin here simply responds “its tax free to manage your funds. We do not ask about the source of the money you are about to invest or your electricity bills like any legal company would do. Hundreds of our investors already made pretty good profits and that’s what we think is really important.” A breath of fresh air finally, lol!

Overall I am extremely optimistic about Tradirex. Unfortunately in the interest of fairness I do have to deduct one point for the following statement. “The funds you entrust us with become the part of our investment capital which is managed by skilled professionals and guarantees stable income for at least another 10 years”. As they fail to mention who exactly underwrites this “guarantee” (international insurance company, government owned agency, etc) I should remind you that such things do not exist in this industry and urge you to ignore that part.

I quite like the rest of it though! And as the first payments have already been made and the reactions have been quite positive to date on the forums we can see that it seems to be going according to plan so far for Tradirex. Well worth a shot I think. I’d expect it to run for a number of months at least but as with all such programs the quicker you get in, the better your chances are to make as big a profit as possible. Just to finish, remember not to spend what you can’t afford to lose and Tradirex will be even better (for you) as part of a well diversified portfolio.

Other news for today.

For those of you interested in if I got my missing transaction from SolidTrustPay I can yes, I got it eventually. For this I had to contact their live support though because obviously the department that had to credit my account with the missing money was off over the weekend. So if you emailed STP and the transaction wasn’t credited yet please try their live support. To my great surprise it is quite fast compared to their email support and my account was credited in real time.

For the second day in a row LibertyReserve site is down for maintenance which was not even announced on their official blog. I wonder what this means and if they are fixing the bugs that supposedly were the reasons for many successful hacking attempts that were reported by many people over recent days. Anyway, I would encourage you not to panic and just wait until LR is back online. Yesterday it took them a few hours to get back online and hopefully today it will not take more. So far if you try to access LibertyReserve you could see the following standard message:
“LibertyReserve service is undergoing scheduled maintenance. Please try to visit again in a couple of hours. We apologize for the inconvenience.”

I would like to report that for the last 48 hours I was paid by the folowing programs: CrazyCashSurf, PacificSurfing (the first payment received), 10DailyIncome, ProjectSurf, SilverLodge, GoldNuggetInvest, Capital-4You, StablePackages, 13x11Pro, EnscoOffshore, AmaizingAds, MajorBarter, GeneticsIndustry, CashDispenser, NovalexFinance, UCGCapital, MesirowFinance, Tradirex, ComradeFinance and AcrylicTrade.

I have joined two new programs today which Id like to introduce to you now. The first program is a classic 12% for 12 days with the payouts on expiry autosurf called MyMBO. This is a very high standard autosurf where you should surf 12 sites in order to get your daily rebates. MyMBO just launched 5 days ago and has a good design and a dedicated server. But I think the best way to go around for any program and it’s much more important than a dedicated server is to have a dedicated admin who will care about the members and provide them with timely fast payouts and helpful support. The minimum upgrade in MyMBO is staring from $6 and there is a wide variety of payment processors accepted including: LibertyReserve, PerfectMoney, SolidTrustPay, StrictPay and EvoWallet. I guess AlertPay will be added once it’s verified. Some people already compared MyMBO with MegaLido but I don’t think that it’s from the same admin apart from the design that is very similar to what was used by them. Anyway, I would be very surprised if MyMBO could last 4 months like MegaLido but who knows? Anything can happen in this industry. So I’m going to publish the review of MyMBO on my blog next week. Stay tuned for that!

The second program I joined today is an HYIP called GeniusFunds. I have been contacted by some of my readers who were asking me why I haven’t joined yet this successful program that has been running for over 6 months already. After some consideration I decided to join GeniusFunds despite the fact that I prefer new programs to older ones. But I simply can’t pass it on. GeniusFunds offers you two investment plans: daily (where you can get 1.0%-1.9% daily) and weekly (6%-9% per week). You can invest in GeniusFunds but making a deposit from your LibertyReserve or SolidTrustPay account (Bank Wires also accepted for the deposits more than $500) and then buy buying the necessary amount of shares each of them will cost you $1. Remember that you are able to set the compounding rate at your discretion when buying the shares. The lock-in period for your principal is 150-180 days after which you can get it back. There are many contact points specified on GeniusFunds site including their address in Cyprus (where they are allegedly incorporated) and many phone numbers in different location which I will try to verify before publishing the complete review of GeniusFunds on my blog. The site has a very professional layout and customized script. It has three multilingual versions: English, Chinese and Indonesian (they are currently working on Russian and Spanish versions of the site). The security of the website is also top-notch with a dedicated server hosted and protected by the world anti-DDoS leader BlockDos and SSL-protection for the accounts. So GeniusFunds having thousands of investors now definitely deserves closer investigation and I’m going to offer you a detailed review on my blog next week. Stay tuned for that and see you all tomorrow!