My HYIP Updates

Today is my first time receiving payment from Open Trade after two weeks of hold time, it was very smooth. So far I have only two HYIPs left are Open Trade and MinInvestment still working for me. Until more program is proven working by other investors, I will only stick with these two programs. Happy investing!

My HYIP Updates

After several down sites happened to me recently, I got a bit of discouraging in putting more money into new HYIPs. The only two surviving HYIPS in my current profolios are MinInvestment and Open Trade. I have yet to withdraw Open Trade from because of the mandatory 2-weeks holding period. I will keep everybody updated once I am able to withdraw and and seeing money deposited into my e-gold account. As fas as MinInvestment goes, I am getting paid every business day, and withdrawal was quick. I will be in profit soon on this one.

The State of HYIPs

After several failures of HYIP sites, I just settle with Minvestment right now. I will look for other opportunities as they arise with consistent paying history. So far Minvestment meets this requirement.

As I looked further, I found this interesting site called, OpenTrade. According to the site, it is FOREX trader site. It has been around for many months now. Payment has never been missed. During the promotional period, there will be a $10 bonus if you join thru end of the November. Here is the interview I copied verbatim from hyipinvestment:

OPEN TRADE Interview

Visit OPEN TRADE website

Dear visitors of www.hyipinvestment.com. We were asked to be interviewed and we agreed to it with pleasure.

You can read about us on our website - www.OpenTrade.net.

Q: Hello. What's the name of the person who's going to answer the questions?
A: My name is Michael Rodden.

Q: What's your position in the program?
A: I am a PR Manager at Open Trade International, Inc.

Q: How many people are involved in running the program and what are their names?
A: There are four people who are directly involved in our Internet project: Mark Perez - our network administrator, two girls working at our customer support – Linda Dawley and Barbara Parrington, who reply to e-mails and chat live with our clients, and me. The management of investments and trading on FOREX market is performed by our European office in London, UK. Our company uses teleworking. More than one hundred people from Eastern Europe, China and India are involved in the development of our automated trading software.

Q: Could you tell a little bit about your (and all other members of the staff) background?
A: Our employees are real professionals in the sphere of Forex trading, banking, economy, programming, and business administration.


Q: Where are you based?
A: Central office of our company is based in London. Our Support Department is based in New-York, USA. In order to work with investments in the Internet we created an off-shore company Open Trade International, Inc. (Republic of Panama). Such approach gives us wider opportunities of cooperation with private investors from all over the world.

Q: Are you a registered company?
A: Open Trade International, Inc. is legally registered in Panama.

Q: Can we have a look at your incorporation documents?
A: Each registered user of our website may request the incorporation documents from our customer support.

Q: Can investors visit your office, or meet with you somewhere else?
A: We do not meet our clients at the moment. In the future we plan to organize conferences for serious investors in visa free resort countries. Watch our news.

Q: What support options do you offer?
A: E-mail, tickets, live chat, and fax. Phone support is available only for VIP clients.

Q: When did the program launch?
A: Since May 15, 2006 we were presented in the Internet by our website www.OpenTrade.net. At that time we started to attract capital to our investment project. The development of our software component took us more than 5 years.

Q: Why do you feel the need to have a referral incentive program?
A: We are glad to present our referral program with the help of which our clients can get additional revenue. This is the most popular and the most effective mean of advertising in the Internet. Our clients are provided with a wide range of promotional material that is located in the clients' area of our website (www.OpenTrade.net).

Q: Do you use free or paid web hosting?
A: We have several paid servers. Our clients' database is encrypted and is placed on a separate server. Our clients have no reasons to worry about the safety of their money and personal data.

Q: What do you think sets your program apart from all the other "opportunities" out there?
A: We consider that the final choice should be made by the client. The good indicators are positive reports and the gratefulness of both newbies and advanced clients.

Q: What do you think about the longevity of your program?
A: At the moment everything goes as it was planned and even much better. That was the right decision to attract funds from outside. Our cooperation with the online public is extremely profitable for everybody. We do not see any reasons to stop our activity. We work hard to become the most dynamically developing company in this sphere of business.

Q: What steps have been taken to secure members funds?
A: 30% of our income goes to a reserve fund which participates in Forex trading with lesser risks. I would like to add that we have enough funds to cover all the risks of our clients.

Q: How do you generate the returns for your investors?
A: Read about it on our website. The detailed information is provided in the clients' area.

Q: Do you trade yourself or do you employ traders?
A: The majority of our staff are professional traders. Their main task is to consult our programmers that continue their work on the automated trading system.

Q: How long have you or your traders been trading?
A: If you ask about the experience in Forex trading, we have employees with more that 7 year experience.

Q: Would you be willing to provide us copies of trade histories?
A: The detailed trading history is provided in the clients' area.

Q: Do you piggyback off of other online programs?
A: No.

Q: Have you ever had late payments?
A: No.

Q: What was the most recent trade/business activity you were involved in?
A: We deal with main currency pairs.

Q: How large is your current capital?
A: This is a commercial secret.

Q What plans do you have for the future of your program?
A: No plans for the future. Everything works as it is supposed to, and there's no wish to change anything. Everybody wishes peace and stability. And we are very close to it.

Q: Are you planning to close your program for new investors at any time?
A: No, we aren't. At the moment there's a promotional offer that is valid from June 20, 2006 to December 20, 2006. You can read about it on our website.

Q: Tell me a few reasons to join your program
A: We came to the market with really a unique offer. There's no need to urge anybody to our investment project. Everybody can join us with any amount. We are open to everybody.

Q: Anything you wish to add yourself?
A: We would like to thank you for the possibility to present ourselves to the visitors of your website.

Thank you for the answering our questions. We hope to see your program around for a long time!