Millen claims to be the CEO of a company that developed a binary options trading software called Nuovo Finance. This software allegedly has not lost a single trade in the last six months and it made every single user a millionaire during the same period.
Now Millen wants you to become a free beta tester of Nuovo Finance. That’s it, you can become a millionaire for free, life is easy, isn’t it?
Nuovo Finance scam
Peter Millen is a scam artist, or rather a paid actor playing the role of a CEO of a fictitious company.
Look at the picture to see the proof, this personal review has been faked, it is a fictitious story with a stock photo.
Look at the example from CNBC. They have never even mentioned this program, let alone published a review.
You can check it also by clicking on the link.
We tested the app and what we found is a very well-known scam software used by a lot of scams. Look at the picture to see some examples of other scams using the exact same app, like Snapcash Binary, Wiki Trader or Vena System.
We know from real users of this software that it is losing money in real trading! This app remains the same all the time, scammers just rebrand it each time for their new projects.
The truth – how it really works
Now let us explain the real purpose of Nuovo Finance. It is made to persuade you to open a trading account with a selected broker and to deposit money in to this account. In fact, you won’t be allowed to use the software until you deposit money.
The reason is that these scammers are affiliated with this broker and they get paid by this broker for referring new depositors.
And you can be sure that if you deposit money with Nuovo Finance, the program will lose your money.
Nuovo Finance is a total scam that will push you to deposit money and then the crappy software will lose your money. This is not how binary options trading works.
If you are interested in making money in binary trading, you should first start on a free demo account with a regulated broker.
On the demo you should test and learn until you are able to achieve consistent profits. Only then you can start trading with real money.