In this review we are going to examine a new binary options scam called Auto Profit Signals by Mike Stevens.
Stevens says that he developed a trading system that makes him more than 30 thousand dollars per month. And he wants you to use it for free. That’s it, nothing more. Scammers are obviously running out of ideas…
Why is Auto Profit Signals a scam
Stevens entirely made up his story and used fake account statements and fake testimonials with paid actors. Want to see some proofs?
The first one is obvious, binary options account statements are fake, because for example the EUR/USD exchange rate has sometimes 8 digits, sometimes 5. Five is normal, you will never see eight with any broker. In any case it cannot change from one day to the other.
Another really poor trick is the false counter of people in queue, just reload the page and you will see that the counter resets every time.
Stevens uses statements like: “If you are not earning at least $3850 per week, you don’t have to pay anything.” This is supposed to convince you, but you have to know that Auto Profit Signals is not free. To use it, you will have to open a trading account with his broker and deposit money. And that will earn Stevens an affiliate commission. Now you see the purpose of his story?
The reality is that if you want to make money with binary options, you have to learn trading and build a profitable system.