This time round I am looking at a new Binary Options Software service called Automated Binary. This looks to use the same engine as OptionRobot, so I am hoping for good things.
From the outset, there are no obvious scam signs. Not a single cheesy video or countdown timer to be seen. How refreshing to see something that isn’t trying to trick people. The site is very clean looking and professional, with no fake testimonials or other crap to make my alarm bells start ringing.
Another great sign is the no-obligation demo account that is offered. The scammy products all make you deposit before you can see what their software can do. Here we have the opposite. The developers of Automated Binary want you to test drive their product and see for yourself what it is capable of before you even spend a penny on it. This demo account is funded with a slightly unrealistic amount of $50,000. However the trades can be placed at a realistic rate, so the results should be on par with someone starting on a small balance. I set it running with the settings on Classic, with 60 second trades and maximum of 3 trades at once. I set the algorithm to Trends only, as I am not confident in any of the other methods on offer. My demo balance went up $140 in just 12 small trades within about 10 minutes. Impressive.
I decided that a real investment was the next logical step, so I deposited $350 into my Tropical Trade account and now I will start trading for real.
Another day, another shoddy software product that needs my critical eye. This one has been requested multiple times by members of my Skype group and also my website. www.scamxposed.com.
From the outset, Opus gets on my nerves. The first thing I saw when I opened the page was a claim that there is “Only 1 Spot Left in United Kingdom”. This is a classic trick that has 2 parts to it. First of all, the number of spots being 1 is a technique called false scarcity and its designed to make you think you are one of the last possible members that has a chance to get it. This forces you to make a decision on the spur of the moment and fools many people. The second part of this trick uses IP location and a clever bit of scripting to display the country and flag of the visitor to fool you into thinking that its an exclusive offer in just your country. Trust me it isn’t. This is a tried and tested scammer trick that fools many people by making them think they are the lucky few rather than the truth.
I started watching the video, but again it was more bullshit and unfortunately for Opus Formula, they showed the interface in the video. It’s the SHITBOT once again. Yet another version that has hit the marketplace and is fooling more and more unlucky people.. The shitbot is a trashy auto trader which doesn’t work. It has had more re-branding than I have had hot dinners. It keeps getting re-branded, released, slammed, taken down and then the whole cycle starts again. 100% scam, and Opus Formula is going on my Binary Options Scam Blacklist.
About a dozen Youtube Subscribers and WhatsApp friends asked me to take a look at a new software product that’s just hit the market called Trade X Profit. In my review below I will be looking to see if it’s the real deal or a scam. There are some bold claims that the software has been seen on Bloomberg, Forbes and CNN, but with a little research I can confirm these claims are untrue. I could find no articles referring to Trade X Profit on any of those sites proving the first of many lies.
The next issue I have is the seals of approval on the site. None of these have any merit as they are just images downloaded from the internet with no backing by any official body or other source.
Following on from this, there are some shady looking customer testimonials down the page with quotes like:
“Before Trade X Profit, I had cash in my last name only! I have made 409,800 dollars in 2 months and paid mortgage on my house. It works!”
“I have been using Trade X Profit for over an year now and I have made over 2.5 million dollars. Now its my turn to give back to the neighbourhood so I have set up a few charities”
These quotes are some of the most awful bullshit I have ever seen, such bold claims with nothing to back them up. Also when I googled the images of these so called customers, they are simply stock images that have been used instead of photos of actual people. Another easy way to spot a scam in my book.
And finally the nail in the coffin was the software itself. I took one look and could see straight away that its another iteration of the notorious SHITBOT. Yes that’s right, the most re-hashed, re-branded pile of shit software has yet another version out in the wild. Avoid this at all costs, the SHITBOT is totally useless and confirms that Trade X Profit needs to be added to my Binary Options Blacklist.
Another product that I have been asked to review by my Youtube subscribers – Aussie Method. This one turned out to be very easy to unveil as a devious scam and my review below will show you concrete evidence to support this.
I have gotten into the habit of googling any images of people that claim to be associated with the products I review. I do this as if they are legitimate, then the people in the pictures are usually genuine as scammers wouldn’t use their real photos on a bogus product. The Aussie Method is supposedly created by a guy called Jake Pertu and he slaps a big picture of himself on the site, so I decided to google the image as it looked pretty much like a stock photo. What I uncovered was suprising to say the least. Jake Pertu’s picture revealed 2 similar sites using the same photo. The Brit Method and the Canuk Method. All the sites were exactly the same only the name of the site and Jakes name had been changed. This is clearly a sign that this is a cleverly targeted scam as the UK, Australia and Canadian markets are the most saturated with Binary Options traders.
The rest of the site is a mix of fake facebook feeds, twitter mockups (which use the wrong font btw) and some dummy phone messages that are so easy to fake. This was all so blatantly a lie, I didn’t even need to watch the video to conclude that the Aussie Method is a scam and should be avoided. This is another product being added to my blacklist. If you have any products that you want me to review, please contact me using the details below or leave a comment on my Youtube Videos and I will happily investigate any product that you are concerned or curious about.
My subscribers have been asking me for a few days to look into a new binary options software product called Click Trade App. I have completed my review and the outcome is not at all surprising if you have seen the product in question.
The site itself has got to be one of the most horrendous looking websites I have seen this side of 1997. I mean really, its just the most awful looking pile of crap that I have ever seen. Whoever created this website clearly has no skill whatsoever. The fonts look awful, the layout is terrible and the images and logo look like they were made with Microsoft paint. There are a number of glaringly obvious spelling mistakes on the Click Trade App website and the design of the software has to be some of the worst ever seen. Enough criticism about the look of the site, the video is also a total car wreck. The alleged CEO of the click trade app, John Cross is in fact a fiverr actor that has been seen before on other scams including Wisdom Of The Crowds which was a terrible scam and can be seen in my video review.
All the issues aside, I took a look at the software interface for Click Trade App and unfortunately its also just a big mess. The “Demo” is supposedly giving you $250 to play with and then it starts making trades on your behalf. However I discovered that this is just a scripted event by refreshing the software panel and the balance reset. The same trade was then placed again with the same outcome, proving that it’s a fake trade designed to make you think you will make money as soon as you deposit real money
This pile of absolute shit that calls itself the Click Trade App is probably the worst piece of garbage I have ever reviewed and is going to take pride of place in my Binary options Blacklist as a scam.
This week a new product has been released, and I have been asked to cast my critical eye over it by my whatsapp group members. From the outset, there are a number of worrying factors that lead me to believe it is a scam. The video for Zero Loss Formula has some sections that were recycled from another scam last year. The actor has been seen on other scams before as well so it doesn’t bode well at all.
The site is also plastered with wild claims about making millions with the software, and that you can too. Its these claims that start the alarm bells ringing. Any product that over hypes its results is likely to be a scam, and this one is starting to seem quite worrying. The site also uses a countdown of the number of slots that are available, which is a common practice from the scam software sites that I have reviewed in the past.
The second page also has a number of suspicious factors that need addressing. There are pictures of members, which happen to be stock images that I uncovered with a google image search. These all seem to be used for various fake linkedin and twitter accounts. It may be that these are accounts are also being used to promote Zero Loss Formula, so be aware of the social media hype surrounding this scam.
Getting onto the interface, its yet another iteration of the SHITBOT. Yes that’s right, yet another version has been released. They seem to be getting much more regular with their release of these clones and the software doesn’t get any better with each version. In fact the most recent test of the shitbot was a total failure and its worse than ever.
In summary, there are far too many issues with Zero Profit Formula to get an endorsement from me, in fact this pile of steaming shit is going straight on my Binary Options Blacklist.
If you are interested in seeing the recommended software from my recent tests, please visit the link below.