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Mercenaries 2: World In Flames

Cheat Codes
Press select to open the PDA, then enter the Cheat mode code. Close the PDA and re-open it. Use the D-pad to enter the codes while the PDA is open.

Bonus equipment
Successfully complete the indicated task to unlock the corresponding equipment:
Ambassador gunship: Successfully complete level 3 of the Helicopter Flying mission.
Diplomat heavy tank: Destroy the targeted buildings for the Allied Nations.
MOAB bomb: Successfully complete all HVT missions for the Allied Nations.

Alternate costumes
Win a level 3 weapon challenge bet at the PMC Villa with Fiona to unlock the corresponding costume. Note: Bet the maximum money for the level 1 and 2 challenges, then save and reload the game until you win. Bet the minimum money for the level 3 challenge.

Temporary Invincibility
When you past a boundary and the screen starts to get fuzzy, enter square,L1,triangle,O,left,right,square,X,O,X,L1,L1,R2,square very fast. If done correctly, the screen will turn normal and you will be Temporaryly Invincible. This will not work while on a mission and heavy explosives can still kill you.

Chicken: Stationary guns challenge

Easy vehicle repair
Park your vehicle outside of a building you can enter, then enter the building and exit. Your vehicle should now be completely repaired with full ammunition.

Getting 100% completion
Successfully complete all outpost missions before you initiate the final mission in Story mode. The outpost missions can no longer be accessed after the game is completed, which will also prevent a faction's shop items from being unlocked.

Trophies

Secret Trophies
Unlock PS3 trophy rewards:

Tip for Pistol Challenge
1. Shoot normaly, only crouch if you're not a good shot
2. Reload when you are running to the next location, save time
3. Sprint between locations
4. Go in an order for the targets (Left to right/ Right to left)

Following this, it should save you some time, therefore making it more likely that you will succeed.

Easy money
After completing the first UP mission and receiving Ewan, talk to him about the Winch challenge. After completing level 3 on this challenge, bet the maximum amount of money. Even though you have already done this, the height does not raise. Therefore you can continue betting at the maximum amount. After about four times (depending on how much you start with), you should have about $7.0 million. You can continue from here in order to get the maximum wager amount to $5.0 million (when you have about $14.0 million in funds). From there you can repeat this as often as desired when you need money.

Stealing fuel without upsetting a faction
This is most useful when used with factions who are already hostile (to keep them from shooting you down), but can also be used to keep friendly factions from becoming upset with you. Obtain one of the helicopters used by the faction you want to steal from (or one of its allies), and allow your disguise to finish. Fly to the location of the fuel you want to obtain and lower your winch. Grab the fuel tank and lift off before the enemy soldiers recognize you, then fly to a secure location (either the PMC or a remote, open location). Once out of sight, call Ewan in for the pick-up. Note: Using a heavier helicopter is recommended, as the Rogue and Gunney class choppers are extremely difficult to control when carrying a heavy fuel tank. Also, there are at least half a dozen fuel tanks relatively close to the PMC, most of which are controlled by Universal Petroleum. Spending the fuel for an Ambassador Gunship (an Allied helicopter, who are allies with UP) is well worth it if you are going to use your PMC as a fuel depot.

Capturing outposts quickly
When playing in Co-op mode with a friend, look in the same direction at the same time. Throw the signal smoke to call in for reinforcements to capture an outpost. If done correctly, both of the thrown signal smokes will start to smoke and two helicopters will appear. This will speed up the process when you are getting shot or are in a tight situation.

Defeating Carmona
When Carmona's men are attacking the PMC, after you destroy the tanks set a charge of C4 on the gates closer to the mansion and blow it. It should drop straight down and block the road leading out of the compound. Enter the mansion and trigger the intermission sequence. When you exit the building, the road leading out of the compound is still blocked. Kill Carmona's bodyguards and his jeep should be stuck on the rubble of the archway. Kill him and snap the picture for easy verification of Carmona.

Easy transport and smuggling missions
This trick only works after you obtain a helicopter pilot and the winch ability. When on a transport or smuggling contract that relies on you not tipping the vehicle and losing the objects inside, summon a helicopter before entering the mission assigned vehicle, as close to the vehicle as possible. Then, enter the mission vehicle. The timer should start. Get back out and take off in your helicopter. Use the winch to grab the mission vehicle and gain as much altitude as possible. If you fly relatively level, you will not lose anything. However even if you bank even slightly to get around obstacles, losses will be minimal as long as you do not actually bank the copter in a hard turn. The vehicle will get tossed about, making the copter harder to fly; but if you travel directly to the drop-off point from the beginning, it will keep its cargo. This helps you avoid nearly all ground forces. All you have to worry about are the anti-air guns and other helicopters. If worst comes to worst, simply drop the vehicle after coming down to about 20 feet or less. You will have already have saved enough time to hijack another helicopter.

Winning challenges easily
Bet the maximum money for the level 1 and 2 challenges then save and reload the game until you win. Bet the minimum money for the level 3 challenge.

Easy Sniper challenge
Use R1 and not the scope for it. Take out the drums next to the cars first then go the two statues for some extra time.

Restore vehicle
Park a vehicle outside of a building which you can enter. Enter then exit the building. The vehicle will be repaired with full ammunition.

Bet amount
When you get the maximum betting level on the Winch challenge, keep going until you get to about $100.0 million. The minimum bet is now also $5 million. If you continue from that, the minimum will actually grow higher than the maximum and allow for even more money. However there is a catch; once you go beyond there is no way you can raise or lower the bet because it is higher than the maximum, but it is still the minimum.