Monday, December 14, 2009

14 December 2009 - GloTrade Interview and Finance-AIG Warning


Hi guys! Today I present to you a very very interesting program that has been online for a few weeks and looks really promising. I believe this program has what it takes to assume the challenger helm against major players such as GeniusFunds and GoldNuggetInvest. This new program is called GloTrade and here's the interview with the admin, Jarrous:


1) Who runs the show behind GloTrade? What is your business model, ie how do you generate revenue for your investors? I've read your blog at blog.glotrade.biz, who manages that blog? Is it updated weekly?

GloTrade is run by a team of 4 trading professionals including me. We have been into Futures Trading for quite a few years together and this is our primary profit generator that will rotate the funds at GloTrade.biz. Our blog is managed by me,Jarrous; one of the administrators at GloTrade.biz and our staff Joy Wilson. New posts are added to the blog at least twice a week with information about our trading updates and announcements.

2) You have a beautiful program design, I bet you've spent a lot of time on the design and script. Would you mind telling the investors what script you're using, with any dedicated hosting or Ddos protection?Any other security measures in place to protect the investors?

Thank you for the comment on the web design. Yes, although we are professional traders, we are new to the online investment field. So, we had to do quite a bit of research on running a program like this. It took us months to put put all of the pieces together. 

We are using a modified version of teh original "NeverSay" script. We discovered that this is one of the safest and most reliable scripts for running an online investment program from some of the leading forums and discussion boards online.

We have added a multi-layered DDOS protection and SSL certification to the script for protection against any hacking attempts. We are constantly updating our website with additional security procedures that also seems to be doing a great job in keeping the website 'hack-free' so far.

Should the website face any downtime that has been unavoidable, members can always connect with us through our blog,which will function at all times.


3) What payment plans do you offer? What type of payment processors do you accept and do you intend to add any in the future? Any instant withdrawals?

We have 2 plans for our members, the GT20 and GT40. The numerals specify the duration of each plan,which are 20 and 40 days.
GT20 gives an investor a 2% daily profit on each business day when they invest between $5 and $5000.

The GT40 plan gives a 2.5% profit per business day for each investor,a great option for people who want to double their money in a short period. Investments should be within the $10 to $10,000 limit. All withdrawals are manually processed at GloTrade but we have maintained a reputation of accurate and prompt withdrawal processing that are usually done within 3 hours.

We accept Liberty Reserve,PerfectMoney and StrictPay as payment processors and have no current plans of including more as quite a few of them seem to be facing some issues.

We will be including wire transfers in future,which will be announced to our members through our blog and website.


4) As you've been online for quite a few weeks already, how would you describe your program's performance? Is the member base growing comfortably, unexpectedly fast, or fluctuating?

We have been observing our growth charts closely and are satisfied with the steady inflow of members and investments we have had over the weeks. GloTrade.biz has about 400 members now and we still have a long way to go. We look forward to a great season and year ahead.

5) What's the best way to contact the company's customer support?


As we have just been around for a few weeks and have plans to expand GloTrade.biz in the near future, we have begun our efforts in support services with Live Chat,blog and HelpDesk facilities. As the strength of our team increases, we will be enhancing the existing services and introducing more pathbreaking ones.

For now, our members have mentioned that the excellent support services our staff member Joy Wilson provides is impressive in speed and hospitality.

The blog is also a great way to communicate with us as it will operate even if the main website faces any downtime.


6) What are your short-term, mid-term and long-term goals? Seeing that there are so many programs that collapsed recently, do you have any preemptive plans to maintain the program?

We are covering one milestone at a time but we do have our strategies in place for the future. Our financial and management resources are being monitored and maintained strictly to make sure that we do our best to avoid any 'slips'. As far as our profit generation abilities are concerned, we have absolute confidence in our knowledge and experience as traders in the Futures markets.

As long as we are able to maintain our charts smoothly, we doubt that any serious issues will cause any foreclosure of GloTrade.biz. We keep educating ourselves each day about the online investment field by observing it,just like we do when trading. So, each step brings us closer to the next goal we want to achieve.


7) Few weeks ago, there was an issue with SP, and now that SP has an issue with their bank, will this affect the members? If yes, how? Are there any moves from GloTrade to counteract the problem?


We came in well-prepared to face any such circumstances by making sure that our financial resources were sufficient and by selecting processors that best suited the industry. However, under unavoidable situations (like SP faced last week), we managed to pay our members their profits to their alternative accounts.

So, we don't believe that GloTrade will be affected by any temporary issues with payment processors.


8) What investment strategy would you recommend to the readers? Do you believe in diversifying portfolio, or do you think they should concentrate on a few investment programs instead?

We are not experts in the field of HYIPs and so would refrain from offering any suggestions in this regard. It would be wiser to ask field experts like you. 

Our observation shows just one key element to making money online through online investing programs:

Keep an eye on your investments and monitor the flow of the market.


9) I read on the blog that you trade actively on Forex Trading, and although that is a lucrative field, how do you manage to generate such high profits everyday? Where can the investors go if they too want to learn forex trading?

Actually,we are into Futures trading where with apt strategies;one can expect to yield high. Our primary focus is on the FTSE UK Index, CAC40 Index, DAX Index, S&P CNX Nifty, Nikkei225 Index,DJIA Futures Contract, S&P 500 Futures Contract and the SHANGHAI STOCK EXCHANGE. 

This trading option is a favorite amongst day traders like us as it enables us to make good profits no matter which way the markets are headed. As long as we are tuned in to the current headlines and events that are potential stimuli to the trading markets, we will be able to sway with this vehicle in the right direction.


I would like to thank you for giving me this opportunity to take part in this interview. I wish you great success and a great year ahead.


Thank you Jarrous for joining the interview.

In conclusion, I think Glotrade has a lot of potential, with a very stable script and sustainable plan. Recently they announced a bonus for their members, which was successfully carried out even though they had to do it manually. Jarrous is actively participating in forums such as MMG, and you can look him up there if you have any questions.

The Neversay script is one of the best in the market is my opinion, and the admin has just the right attitude towards this industry: he knows what he's doing, and he does what his investors expect him to do. The support system is very responsive, and the number of payment processors accepted are satisfactory, even though some would like to see AlertPay added to the mix. Nonetheless, I would advise against doing so, because many programs have had problems with the payment processor. GloTrade is definitely one of the most promising programs right now, and I look forward to seeing how they improve along the way.

As always, diversification is a healthy practice. Invest as you see fit, and stick to your investment goals, and I'm sure you'll be successful in this HYIP industry.


Other News:
CashItsinstant sent out another newsletter to its investors, offering the latest bonus, which is 2 free referrals for every 26$ spent. CashItsInstant has been paying me like clockwork for the past week, with instant withdrawal to my payment processor right after surfing. Let me remind you that you only need to surf 12 sites to earn 6 credits, and then your daily rebate will be credited to your pp. Cashitsinstant offers 10% daily for 13 days, which is a total of 30% net profit.
Here's the newsletter:

26.00 SPENDS TODAY GET 2 DOWNLINE LINKS. USE LIBERTY RESERVE GET 1 FOR EVERY 13.00 YOU SPEND. UPGRADE 500.00 OR MORE GET 25 DOWNLINE LINKS. UPGRADE 1500.00 GET 100 LINKS FOR A INSTANT PAYING DOWNLINE THAT WILL PAY YOU DAY IN AND DAY OUT.

Use paypal by special request.
Liberty Reserve spends today get 10% bonus rebate next 8 hours
Alertpay bonus is instant payouts all year long.

Please note that small time spends via Paypal will not be entertained. Nonetheless, you can try to contact the admin via the "Contact Us" button on the site to discuss with the admin.



I just received the latest newsletter from Finance-AIG..I think that's a very obvious red flag, and I urge all investors NOT TO INVEST in their latest payment plan.


Christmas and New Year holidays are coming so we decided to set up a unique promotional offer for every member. Starting from today and up to December 27 we open a "250% after 2 days" investment plan. Only first 40 members are accepted so you can start earning now and keep earning till December 27.
Happy Holidays!

Notice that they mentioned it's an offer for "every member", but later changed it to only "first 40 members". This is one of the tactics they use to lure members into investing, they want to create a sense that there's limited number of positions so that everyone will invest. Careful guys! Don't do it!

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