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

Hi guys! Hope your weekend is going well so far and your all enjoying a few days off. It’s been quiet enough again today as Saturdays so often are these days but of course what news there is I have for you here. First of all however you my remember that I mentioned a number of recent additions to the MNO monitoring list recently that I am trying to work my way through telling you about, and today is the turn of a new HYI program called GloTrade.

First of all, just to get something out of the way that may confuse some readers, GloTrade is a brand new program not to be confused with an older online HYIP that ran late last year with a similar name but is now defunct. Anyway, maybe it’s funny that HYIP admins are running out of names already but I just need to mention it so you don’t get distracted when doing any further research on the program. So make sure you’re looking up the right one.

Starting with the plans GloTrade has a selection of short to medium term options for you to think about. It’s a pretty easy program to get involved with by the way, if that’s actually important to you. There’s no registration process as such and it’s all done by direct payments. Please note that while your profit may be calculated on a daily basis it won’t actually be paid until your chosen plan expires. So there’s four plans in total available, the shortest of which runs for just 5 calendar days. The minimum amount required to join is $20, more than the average online HYIP I suppose but not outrageously high either. You profit is paid on expiry and is included with the return of your principal. The payment will be 110%. So invest $100 and get back $110.

Next plan runs for a term of 15 calendar days which may look like a bigger risk but with the minimum investment remaining at $20 it’s still an affordable one. This time the interest rate goes up to 150% which is again paid on expiry. This includes your principal so will be your final and total payment. So the same $100 investment in this plan would see you get $150 in return.

And it’s much the same with GloTrade‘s third plan. The risk increases in the sense that the investment term runs for a substantially longer term of 25 calendar days but financially speaking it doesn’t have to be that much of a gamble as the minimum deposit is again $20. In return you are offered a one time payment made on expiry of 200% of your principal. And your principal is counted as part of that meaning that for a $100 investment here you could $200 in return.

The fourth and final investment plan runs for a term of 40 calendar days. Again the minimum required to join stays at $20 but the final payment offered on expiry is 300%. So the same $100 invested here should, we hope, get you $300 in return (including your initial hundred).

A couple of other brief points you will need to know about GloTrade‘s investment plans include the payment processors. It’s a pretty short list, confined to just LibertyReserve and PerfectMoney with no indication that it’s ever going to be expanded on. Now don’t get me wrong, I’ve said it before that they are perfectly acceptable options with LR in particular remaining the favorite processor of most online players. They are both very easy to use but the problem arises when transactions and payments come into dispute so in the possible event of a scam you can expect little help from them indeed. But don’t be put off, just use it as a reminder to only spend money you can afford to not get returned should anything go wrong. However if you would rather avoid online payment processors completely then GloTrade will accept bank wires to the value of $400 and above. Maximum deposit n al plans is $50,000.

The other important point in relation to joining GloTrade is more to do with the absence of a traditional member’s account area. You simply deposit directly into their e-currency account, and receive your payment on expiry of your chosen plan without the need to request it. There’s no real “membership” in the traditional sense and some people don’t seem to like that. But you know it just involves keeping a closer eye on your own investments and it can be safer to the extent that your don’t really have anything there for hackers to break into.

GloTrade is hosted on a dedicated server provided by one of the leading hosting service providers Dragonara and includes an SSL-certificate issued by GeoTrust. The fact that the domain of GloTrade has been registered for five years can also be a very persuasive factor for some. Although do not forget that GloTrade is simply an online HYIP and should be treated as such, despite the best efforts made by the admin to look real. You may submit any further questions to the admin by either filling out your details on the support form provided or by writing directly to one of a number of different e-mail addresses, each one being dedicated to a different department. GloTrade also has a telephone line, though it didn’t work for me. But I’m prepared to let that go as it’s Saturday. If it’s an important feature for you then feel free to try them yourself on Monday morning.

GloTrade also boasts not only a UK certificate of incorporation (quite easy to obtain), but also features a number of other documents as well relating to their business. It’s up to yourself to verify these if you wish to treat GloTrade more seriously than any other online HYI related program. However I can see that from a number of highly informative articles published on their “Education” page the texts are not original which does little to convince me of the program’s authenticity as a genuine licensed financial services company. But they’re still well worth a read anyway. And as short to mid term HYIPs go GloTrade are decent enough, well worth a second look, and provided you accept the fact that a profit is in no way guaranteed to everybody who joins, may be used as a small part of a diverse portfolio.

DAILY NEWS FROM THE INDUSTRY.

Not much to report for today, guys. Well, as you know Saturdays were always quiet and if not for a split personality disturbing everybody in my Shoutbox there would be almost nothing at all, lol. But sometimes MNO readers do some really nice investigations they conduct on their own. If you remember, a few days ago one reader called Peter spotted on my Shoutbox some similarities and general language patterns in the speech of “thinkdifferent” character in my Shoutbox and “leagao” character, an occasional blogger and piggybacking ponzi admin. If you don’t know about the word “piggybacking” please refer to last night’s MNOFridays article for a detailed explanation.

So Peter did actually a nice comparison of the two “characters” and came to a very curious conclusion that they are most likely the same person. This is even weirder if you consider that sometimes these persons converse with each other, slapping each other on the back and praising each others deeds. Well, first I couldn’t believe it’s true as I myself communicated with the “thinkdifferent” character and didn’t notice the similarities. Of course, then again I wasn’t looking. But as Peter explained in his post on the MNO forum (read it here for a good laugh) he noticed too many similarities that simply couldn’t be explained any other way. And the fact that “thinkdifferent” suddenly disappeared from my Shoutbox straight after being exposed by Peter also speaks volumes.

To tell you the truth once I myself discovered a “split” personality when MNO was not so famous like it is now. It happened on the MMG forum and I was actually suspicious about one scammer posting under different usernames. I couldn’t say for sure if that was the same guy so couldn’t complain to MMG. He was pretty smart himself, posting from different IP addresses so moderators couldn’t spot him and ban him on the grounds of multiple usernames. However, I was shrewd enough as well and I started analyzing his language. If a person is not a native English speaker it’s pretty easy to spot individual traits, such as repeatedly making the same mistakes and punctuation as well as similar forms of speech. After I discovered this I made it public on the forum and guess what? One of the personalities miraculously disappeared straight away, never to be seen again. Of course, the other person simply denied all of that, but it was a very important lesson and he stopped posting under different usernames thinking it will remain unnoticed.

That is exactly what Peter did in his post on my Shoutbox and subsequently on MNO forum (read it here) and guess what? The personality “thinkdifferent” disappeared from my Shoutbox as if it never existed. Well, I guess Peter was right this time. Nice job, Peter! Anyway, this whole thing with split personalities (today also “Caution” was on my Shoutbox under different usernames attacking Pickash) made me think about the perfect article for my next MNOFridays. Yes, as we know this is a widely used practice in the HYIP industry, especially by program admins. It will be a perfect opportunity to discuss the persons posting under different usernames and the admins opening new programs with new names as well. I think that will be a very broad topic which I’m going to discuss with examples so you could understand perfectly well what you should expect from such people and not be fooled by them. Again, if you treat all the HYIPs like games as is my approach then you should not have any issues with it.

By the way, if you want to see all MNOFridays issues and discuss them on MNO forum simply go to click this link and let your opinion be known as it’s very important for me to hear your feedback. In the same thread you will find the links to all future MNOFridays and can suggest a topic for the further discussion.

Ok, let’s get back to the HYIP industry. Today the admin of OnlineMDT (interviewed here) emphasized the importance of the security actions you should follow every time you request a withdrawal. Perhaps (not sure though) there was some security breach and now the admin is asking his members to double-check their accounts numbers before withdrawing. This procedure should be done anyway and always when you make a withdrawal request from any HYIP. But especially it applies to the short-term HYIPs like OnlineMDT that pay on expiry (109% after 3 days, 119% after 5 days, 129% after 7 days) because you have only one chance to get a profit to the right account and if somebody changes it without your knowledge and the admin processes it to the wrong account you will not be able to get your money back. Of course, even in the most secure HYIPs some breaches do happen so please just be careful. Here is the latest short reminder about that from the admin of OnlineMDT (reviewed here):
“Hello To all Dear Members
Before withdraw your money, PLEASE CHECK YOUR ACCOUNT, IF YOUR ACCOUNT IS WRONG OR HAVE ANY PROBLEM IT IS ENOUGH TO CONTACT US, WE HELP YOU TO SOLVE THE PROBLEM.
This is just for your security.
Kind Regards.”

Despite the weekend and the disabled payouts it looks like the admin of 144CashAds (reviewed here) is still quite active. Today he sent a news update where he answered a very common question about investments. I remind you that 144CashAds is offering six plans starting from 1% for 144 days to 144% after 12 days. So the question was answered about which amount you should spend in the plan 1 in order to be able to invest in all 5 subsequent plans. The answer was – the minimum should be $70 in the first plan, $49 – in the second plan, $34 (70%) – in the third, $23 – in the fourth, $16 – in the fifth, $11 – in the sixth. Still confused? Then read my detailed review of 144CashAds here where I explain how the program works in the clearest way I could. Here is the last email from the admin:
“Hi, Welcome all new members and all payout done.
We got many request from our members \’how to reach 6 plans at a time.\’
Its very easy. First of all you have to keep in mind that you can hold only 6 active plans at a time.
So you have to purchase 6 shares (single share from each plan) and as you know you can purchase 70% of previous plan so your share value will be reduce as you proceed
and you need at least 10$ share for plan 6.
So if you start approx. 70$ from plan 1 you can reach easily in to plan 6
and will qualify for 10$ instant bonus award.
Enjoy weekend. Lewies
Project admin”.

That’s it for today, guys. Here is the list of the programs listed on MNO that paid me today:
Vodapex, FundsOMatic, OnyxInvClub, PawnShopFund, OptimumPride,  MutualTreaty, FutureTrails, OilStructure, OptimumPride, CashMiner, GlobalTradeManagers, YesInvestment, EzProfit, ForexCompanyOnline, VividTrade, WorldPrivateFunds, UniteTrade, Forexica, Flamanta and Pickash.

See you again as usual tomorrow when I will have a detailed review of Vodapex, provide you with the latest news and analysis from HYIP industry, have the results from the polls, and offer you more options for the future polls (please submit your ideas in my Shoutbox). Enjoy the rest of the weekend everyone!