{"id":5364,"date":"2018-11-23T03:58:40","date_gmt":"2018-11-23T03:58:40","guid":{"rendered":"http:\/\/emilynews.com\/blog\/?p=5364"},"modified":"2018-11-26T04:16:00","modified_gmt":"2018-11-26T04:16:00","slug":"eltrade-review-part-1","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=5364","title":{"rendered":"ElTrade &#8211; Review Part 1"},"content":{"rendered":"<p><strong>The ElTrade Investment Plans.<\/strong><\/p>\n<p>Let\u2019s begin our review of the <a href=\"http:\/\/emilynews.com\/link.php?id=1221\" target=\"_blank\" rel=\"noopener\">ElTrade <\/a>investment program by repeating what we said in our \u201cFirst Thoughts\u201d article about it concerning their eight investment plans:<\/p>\n<blockquote><p>Now let\u2019s get to what\u2019s of most interest to the online investor, the\u00a0<a href=\"http:\/\/emilynews.com\/link.php?id=1221\" target=\"_blank\" rel=\"noopener\">ElTrade<\/a> investment plans.\u00a0 There are eight of them and they all run for 180 BUSINESS days and pay interest, likewise, only on BUSINESS days.\u00a0 This is actually a very wise procedure for an online investment program \u2014 any business in fact \u2014 as business days are when companies earn their own revenues.\u00a0 180 business days translates into around 245 calendar days.\u00a0 So, these are definitely long-term investment plans.\u00a0 The interests that these plans pay range from a low of 0.8% per business day to a high of 3.2% per business day.\u00a0 However, it is important to note that at least the four highest interest plans have such high minimum investments ($10,000 and higher) that it is very unlikely that they will be used by the online investor.\u00a0 All of the investment plans return your investment at the end of the plan.\u00a0 When we review the plans, we will get into the details of exactly how profitable (and risky!) they are and will also work a few examples of earnings you would receive from them for typical investments.\u00a0 Our review of\u00a0<a href=\"http:\/\/emilynews.com\/link.php?id=1221\" target=\"_blank\" rel=\"noopener\">ElTrade<\/a>\u00a0should be ready in a few days.\u00a0 Please stand by.<\/p><\/blockquote>\n<p><a href=\"http:\/\/emilynews.com\/link.php?id=1221\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-5328\" src=\"http:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/11\/elg468.gif\" alt=\"\" width=\"468\" height=\"60\" \/><\/a><\/p>\n<p>Here are the details about all eight of the <a href=\"http:\/\/emilynews.com\/link.php?id=1221\" target=\"_blank\" rel=\"noopener\">ElTrade<\/a> investment plans as given in their website:<\/p>\n<p>Plan Name\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Min Invest\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Daily Rate<br \/>\nLight\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $10\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a00.8%<br \/>\nLight Pro\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$500\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a01.0%<br \/>\nMedium\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $2,000\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 1.2%<br \/>\nMedium Pro\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $5,000\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a01.4%<br \/>\nStrong\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$10,000\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a01.6%<br \/>\nStrong Pro\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $15,000\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 2.2%<br \/>\nAggressive\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $25,000\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a02.8%<br \/>\nAggressive Pro\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$50,000\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3.2%<\/p>\n<p><strong>Analysis of the ElTrade Investment Plans.<\/strong><\/p>\n<p>In our First Thoughts article we briefly noted that the four highest interest investment plans offered by <a href=\"http:\/\/emilynews.com\/link.php?id=1221\" target=\"_blank\" rel=\"noopener\">ElTrade <\/a>might be beyond the reach of almost all online investors.\u00a0 This is certainly true as the lowest minimum investment for any of them is $10,000.\u00a0 However, aside from the inability of the typical online investor to come up with this kind of money, we at <em>EmilyNews<\/em> must strongly advise AGAINST a person investing large sums of money in ANY online investment program unless the program can provide positive proof of its long-term successful record as an investment platform.\u00a0 This is the same information that you would expect to know about a company you would invest with on the stock market or that you would expect to know about your neighborhood bank before making a substantial deposit.\u00a0 You would like to be SURE that the company or bank will be around when you would like to cash in on your investment.\u00a0 With smaller investments, a person can gamble a little.\u00a0 And, this is pretty much what online investing in HYIPs is.\u00a0 Please refer to <a href=\"http:\/\/emilynews.com\/blog\/?p=355\" target=\"_blank\" rel=\"noopener\"><em>HYIP Insights #*4<\/em><\/a> for an article that we entitled the \u201cHYIP Game\u201d for our thoughts on this.\u00a0 This paragraph is not specifically aimed at <a href=\"http:\/\/emilynews.com\/link.php?id=1221\" target=\"_blank\" rel=\"noopener\">ElTrade<\/a>; it applies to all HYIPs.\u00a0 We try to give honest evaluations of HYIPs in our reviews.\u00a0 So, if a word of caution to our readers is necessary, we feel that we must speak up.<\/p>\n<p>With all this as an introduction (and explanation), we will not discuss the four higher interest investment plans offered by <a href=\"http:\/\/emilynews.com\/link.php?id=1221\" target=\"_blank\" rel=\"noopener\">ElTrade <\/a>in this review.\u00a0 I must note that even the Medium Pro Plan with a minimum investment of $5,000 is getting a bit high for the average online investor and that investing in it should not be done without a great deal of thought beforehand.<\/p>\n<p>In our First Thoughts article we noted that all of the <a href=\"http:\/\/emilynews.com\/link.php?id=1221\" target=\"_blank\" rel=\"noopener\">ElTrade <\/a>investment plans are 180 business days long.\u00a0 Since there are roughly 22 business days in a 30 calendar day month, you multiply 180 by 30\/22 to get an estimate of the calendar day length of these investment plans.\u00a0 It comes out to around 245 days.\u00a0 This is a long time, slightly over eight months.\u00a0 At this time <a href=\"http:\/\/emilynews.com\/link.php?id=1221\" target=\"_blank\" rel=\"noopener\">ElTrade <\/a>will return your investment.\u00a0 So, assuming that the program survives until your investment plan ends, all of your earnings will be profit.\u00a0 This could be a big assumption as, unfortunately, very few HYIPs last this long.\u00a0 Of course, we would hope that <a href=\"http:\/\/emilynews.com\/link.php?id=1221\" target=\"_blank\" rel=\"noopener\">ElTrade <\/a>will be one of the rare long-lived programs that come along now and then.<\/p>\n<p>It is important to keep in mind that there are different ways in which investment plans can return your initial investment.\u00a0 In order of preference, with the best option first, here are the three possibilities as I see them:<\/p>\n<ol>\n<li>Return all of your investment as part of your earnings before the end of the investment plan.<\/li>\n<li>Return part of your investment as part of your earnings before the end of the investment plan and the other part of your earnings when the plan ends.<\/li>\n<li>Return all of your investment when the plan ends.<\/li>\n<\/ol>\n<p>Needless to say, the worst alternative is the third option because your entire investment is at risk until the investment plan ends.\u00a0 Unfortunately, this is the option that is used by the <a href=\"http:\/\/emilynews.com\/link.php?id=1221\" target=\"_blank\" rel=\"noopener\">ElTrade <\/a>investment plans.<\/p>\n<p>Longevity depends a lot on how much interest a program has to pay its investors.\u00a0 Looking at the gross interests that <a href=\"http:\/\/emilynews.com\/link.php?id=1221\" target=\"_blank\" rel=\"noopener\">ElTrade <\/a>promises its investors, you can see that they are on the low side, although they are not exceptionally so.\u00a0 I should correct myself on this and say that they are NET interests as <a href=\"http:\/\/emilynews.com\/link.php?id=1221\" target=\"_blank\" rel=\"noopener\">ElTrade <\/a>promises to return your investment at the end of its investment plans.\u00a0 These interests are paid only on business days.\u00a0 Let\u2019s see what the average daily net interest (DNI) is on a calendar day basis.\u00a0 As an example, for the \u201cLight Plan,\u201d the total net interest that a person would receive would equal the daily rate of 0.8% times 180, the number of business days in the investment plan.\u00a0 This comes to 144%.\u00a0 Dividing this by 245, the number of calendar days in the investment plan, you come up with a DNI of 0.59%.\u00a0 This means that, on the average, assuming that you receive your investment back at the end of the plan, you will earn 0.59% per calendar day over the life of the investment plan.\u00a0 If you do this same arithmetic for the other three investment plans we are analyzing in this review, you will come up with the following results for their DNIs:<\/p>\n<p>Plan Name\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 DNI<br \/>\nLight\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 0.59%<br \/>\nLight Pro\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 0.73%<br \/>\nMedium\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 0.88%<br \/>\nMedium Pro\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.03%<\/p>\n<p>Finally, before we get into the pros and cons of the <a href=\"http:\/\/emilynews.com\/link.php?id=1221\" target=\"_blank\" rel=\"noopener\">ElTrade <\/a>investment plans, let\u2019s determine how long it takes each of them to break even.\u00a0 One way to do this is to divide 100% by the interest you receive per working day to get the working days to break even and then to convert this answer to calendar days.\u00a0 Let\u2019s use that method.\u00a0 For the Light Plan, you divide 100% by 0.8% to get that the plan will break even in 125 working days.\u00a0 Multiplying this by 30\/22, you get that this plan will break even in 170 calendar days, getting close to one half year.\u00a0 Doing the same calculation for the other three investments plans that we are considering, you get the following results:<\/p>\n<p>Plan Name\u00a0\u00a0\u00a0\u00a0\u00a0 Calendar Days to Break Even<br \/>\nLight\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 171<br \/>\nLight Pro\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 137<br \/>\nMedium\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 114<br \/>\nMedium Pro\u00a0\u00a0\u00a0 98<\/p>\n<p><a href=\"http:\/\/emilynews.com\/link.php?id=1221\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-5328\" src=\"http:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/11\/elg468.gif\" alt=\"\" width=\"468\" height=\"60\" \/><\/a><\/p>\n<p>Well, this is probably more than enough for one blog article!\u00a0 In <a href=\"http:\/\/emilynews.com\/blog\/?p=5400\" target=\"_blank\" rel=\"noopener\">Part 2 of this review<\/a>, we\u2019ll discuss all this and talk about the pros and cons of the <a href=\"http:\/\/emilynews.com\/link.php?id=1221\" target=\"_blank\" rel=\"noopener\">ElTrade <\/a>investment program.\u00a0 We\u2019ll also work a few examples of earnings that you can expect to receive from this program.\u00a0 Finally, we\u2019ll try to make general conclusions as to what we think of the program.\u00a0 Please stand by for rest of the review which we should be able to publish sometime in the next few days.<\/p>\n<p>*********************************<\/p>\n<p>If one of the paying programs on our Monitor appeals to you, please support <em>EmilyNews<\/em> by registering for it on our website. Thanks very very much!<\/p>\n<p>*********************************<\/p>\n<p>Be the first to get most important HYIP news everyday!<br \/>\nSimply Follow <a href=\"https:\/\/www.facebook.com\/EmilyNewsOnline\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong style=\"text-decoration: underline;\">EN Facebook<\/strong><\/a>, <a href=\"https:\/\/telegram.me\/emilynews\" target=\"_blank\" rel=\"noopener noreferrer\"><strong style=\"color: #c03939; text-decoration: underline;\">EN Telegram<\/strong><\/a>, <a href=\"https:\/\/twitter.com\/EmilyHyipNews\" target=\"_blank\" rel=\"noopener noreferrer\"><strong style=\"text-decoration: underline;\">EN Twitter<\/strong><\/a><br \/>\nor Subscribe to <strong><a style=\"color: #c03939; text-decoration: underline;\" href=\"https:\/\/feedburner.google.com\/fb\/a\/mailverify?uri=Emilynews\" target=\"_blank\" rel=\"noopener noreferrer\">EN Feedburner<\/a><\/strong> and submit your email address!<\/p>\n<p>If you like this article, please share it by using the social media buttons below.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The ElTrade Investment Plans. Let\u2019s begin our review of the ElTrade investment program by repeating what we said in our \u201cFirst Thoughts\u201d article about it concerning their eight investment plans: Now let\u2019s get to what\u2019s &hellip; <a title=\"ElTrade &#8211; Review Part 1\" class=\"exalt-read-more\" href=\"https:\/\/emilynews.com\/blog\/?p=5364\"><span class=\"screen-reader-text\">ElTrade &#8211; Review Part 1<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":5337,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1854,1842,1853,1873,1845,1843,1851,1844,1872,1848,1846,1847,1852,1850,1849],"class_list":["post-5364","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reviews","tag-eltadegroup-hyip","tag-eltrade","tag-eltrade-group","tag-eltrade-group-review","tag-eltrade-info","tag-eltrade-investment-plan","tag-eltrade-investment-program","tag-eltrade-news","tag-eltrade-review","tag-eltrade-scam-or-paying","tag-eltrade-update","tag-eltrade-updates","tag-eltradegroup","tag-eltradegroup-com","tag-httpseltradegroup-comrefemilynews","exalt-entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ElTrade - Review Part 1 - EmilyNews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/emilynews.com\/blog\/?p=5364\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ElTrade - Review Part 1 - EmilyNews\" \/>\n<meta property=\"og:description\" content=\"The ElTrade Investment Plans. Let\u2019s begin our review of the ElTrade investment program by repeating what we said in our \u201cFirst Thoughts\u201d article about it concerning their eight investment plans: Now let\u2019s get to what\u2019s &hellip; ElTrade &#8211; Review Part 1Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/emilynews.com\/blog\/?p=5364\" \/>\n<meta property=\"og:site_name\" content=\"EmilyNews\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-23T03:58:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-11-26T04:16:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/11\/eltrade.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"200\" \/>\n\t<meta property=\"og:image:height\" content=\"200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Emilynews\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/11\/eltrade.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Emilynews\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/emilynews.com\/blog\/?p=5364\",\"url\":\"https:\/\/emilynews.com\/blog\/?p=5364\",\"name\":\"ElTrade - Review Part 1 - EmilyNews\",\"isPartOf\":{\"@id\":\"https:\/\/emilynews.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/emilynews.com\/blog\/?p=5364#primaryimage\"},\"image\":{\"@id\":\"https:\/\/emilynews.com\/blog\/?p=5364#primaryimage\"},\"thumbnailUrl\":\"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/11\/eltrade.jpg\",\"datePublished\":\"2018-11-23T03:58:40+00:00\",\"dateModified\":\"2018-11-26T04:16:00+00:00\",\"author\":{\"@id\":\"https:\/\/emilynews.com\/blog\/#\/schema\/person\/d198218498e05856be72796eea940a33\"},\"breadcrumb\":{\"@id\":\"https:\/\/emilynews.com\/blog\/?p=5364#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/emilynews.com\/blog\/?p=5364\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/emilynews.com\/blog\/?p=5364#primaryimage\",\"url\":\"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/11\/eltrade.jpg\",\"contentUrl\":\"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/11\/eltrade.jpg\",\"width\":200,\"height\":200},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/emilynews.com\/blog\/?p=5364#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/emilynews.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"ElTrade &#8211; Review Part 1\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/emilynews.com\/blog\/#website\",\"url\":\"https:\/\/emilynews.com\/blog\/\",\"name\":\"EmilyNews\",\"description\":\"EmilyNews Blog\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/emilynews.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/emilynews.com\/blog\/#\/schema\/person\/d198218498e05856be72796eea940a33\",\"name\":\"Emilynews\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/emilynews.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/080b41979dac9ab029c0867a1655bdaf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/080b41979dac9ab029c0867a1655bdaf?s=96&d=mm&r=g\",\"caption\":\"Emilynews\"},\"url\":\"https:\/\/emilynews.com\/blog\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"ElTrade - Review Part 1 - EmilyNews","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/emilynews.com\/blog\/?p=5364","og_locale":"en_US","og_type":"article","og_title":"ElTrade - Review Part 1 - EmilyNews","og_description":"The ElTrade Investment Plans. 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