I’m glad to see you back on MMS and today I am publishing one more interview with GloTrade admin who provided detailed answers to some of the questions which seemed interesting to me. Let’s get it started with this.
1. Would you please introduce yourself to me and my readers?
I am Jarrous Sneisen, one of the administrators at GloTrade looking after the financial management and managing the website. GloTrade is run by a team of 4 trading professionals including me. For us, this is just the beginning and we are planning to turn it into a successful investment firm in near future.
2. Have you been personally involved in stock trading before GloTrade started? Why stocks and futures instead of common FOREX in your portfolio?
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 . Two of my team mates are stock broker turned full-time traders.
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.
3. Do you have reserve fund or other assets in case something goes wrong?
We came in well-prepared to face any such circumstances by making sure that our financial resources were sufficient. However, under unavoidable situations (like Strict Pay 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 issues with the flow of funds.
4. What is your main strength in case of major DDoS attacks? What can you tell us about your script security?
GloTrade is using a dedicated server. We concentrated more on the DDOS protection, for which we added a multi-layered DDOS protection and SSL certification to the server. We also have a backup hosting, incase if we have any issues with the main server. We would like to state that our website has been online for a month now and has not faced even a second of downtime.
We use a user friendly and at the same time, very secured original version of Neversay script. We have not faced any issues with this script, we believe this has been the perfect choice for us. However, a custom script is getting ready for us and it will be available by January 2010.
5. Are you planning to add Alertpay as a payment option or you consider it has become rather risky and unfriendly to investment programs?
GloTrade currently accepts Liberty Reserve, Strict Pay and Perfect Money. We have no idea of adding Alert Pay as it seems to be facing some problems with investment programs in recent times.
We have plans to add bank wire transfers at GloTrade . It is currently being processed and should be available in a month.
6. And lastly what in your opinion makes GloTrade special to investors? Is there anything you would like to add to this interview (like your special offers, alerts, news or expectations etc.) ?
Each program has their own advantage and we do not want to criticize about any other programs. We pay a reasonable profit to our members by investing their funds in futures trading. We have high hopes of making GloTrade a massive success. Investors can wait and watch our success and decide on their own if GloTrade suits their portfolio.
Finally, I would like to thank you for providing me an opportunity to take part in this short interview. I wish you all success and a great year ahead.
Well, Let’s thank Jarrous for his rich sensible answers and yeah, let the upcoming year be at least a bit better than this one. Continuing with GloTrade today there was a new update from Jarrous on the account of the referral contest which was initiated a week ago.
We would like to announce the result of the first referral contest which stared December 7, 2007.
1st Place : ID #99, 2nd : ID #8, 3rd : ID #91. The prize money has been added in the member’s account and can be withdrawn immediately.The second referral contest is going to be even bigger to celebrate the festive season – It is going to be “Mega Referral Contest” starting December 15, 2009 and ends on December 25, 2009.
We are giving away a Prize Money of $300 -
1st prize : $150, 2nd prize : $100 and 3rd prize $50.We invite everyone to take part in this promotional contest and win big!
We would like to make another announcement that we are going to stop accepting deposits in the GT20 plan. As everyone know, GloTrade’s motto is “Get Your Money Doubled in just 40 Business Days”. So the GT20 will no longer be available from friday, December 18, 2009. GT20 was just a promotional plan and GT40 is the one which guarantees the stabililty and sustainability of our program.
We have received many requests to add AlertPay as a payment option to GloTrade. We have no idea of adding Alert Pay as it seems to be facing some problems with investment programs in recent times. We may consider it in future though.
However, we are getting ready to accept bank wire as a payment option. The process is almost done. If everything goes well, we will start accepting bank wire from December 21, 2009.Thats all for now. Have a nice day.
Moving on to some unpleasant news as for today. Some of you might have already noticed that I removed MoneyCare from my list as I read and found reports of delayed payouts and customer support problems. I absolutely don’t mind if this is just a temporary glitch in their system but that’s a bad Christmas sign and we all know what this usually means.
Unfortunately for me I was right in my scarcities about Finance-Aig program which seems to have stopped paying today. Too good to be true:( The problem status was first placed on Goldpoll and later on today I received a few emails confirming that the payouts are no longer processed. So stay safe and beware.
A popular “Christian” Sam Serino from CashTanker is still sending out newsletters not only about the status of members’ accounts which have not been paid for over a week so far but he as well attempts to rehabilitate himself by promising to handle all the current disaster by Christmas.
Dear Investors,
I have a good news for all of you.
Now I am 100% prepared to complete all the withdrawal orders you have already ordered.
I would like to apologize for not responding to support requests, was very busy those days.1. ALL WITHDRAWAL ORDERS WILL BE PROCESSED FROM 20th – 25th of December 2009
2. You can cancel current withdrawal and order a new one, if needed.
3. ALL Strictpay orders will be cancelled because this payment system blocked my account and stolen all the funds, moreover
they are running away and won’t be able to complete all the withdrawal and information about a new Bank account is bogus.
Please don’t worry and order withdrawal to LibertyReserve, PerfectMoney, EcuMoney or Bank wire. And I recommend never use
Strictpay again in the future, they are scammers.
4. Reinvest button will start working 1st of January 2010, you can leave any amount at Cash Available balance.
5. Next investment term 1st of January – 25th of December 2010, payments from Monday – Friday. Compounding CAP is 800%,
after reaching this limit – daily non compounded interest only, calculator will be updated after 25th of December 2009.
6. CashTanker will go PRIVATE after 1st of Janurary 2010, and only 5 referrals will be allowed. If you have more than 5 referrals
already you won’t be able to refer nobody and they will stay with you.
7. Referral commission will be paid if your referral reinvest for the
next year (after 1st of January). Minimum to reinvest for the next year – 25 USD.Blessed day,
Sam Serino
If you want my opinion I will make it laconic, that’s too good to be true and over again we all know what this situation means. Some extra cash for admin and some extra loss for those who invest. Just correct me if I am wrong.
Tomorrow I am going to review another hyip program which I was planning long time ago, XagaEnterprise. And of course, more news and updates from the insudtry. Take care and see you soon 