Today we are going to review a new binary options scam called “ConfirmedProfits” that is again based on Tradeverify.net. It is presented by George Gabriel.
Gabriel tells you the usual fairy tale. He is a software developer that created a binary options trading software that has a 96.6 % winning ratio. And he wants you to be a beta tester, it will make you tons of money. For free, of course.
All these are pure lies. Scammers are nowadays trying to impress with such stories, but they don’t realize they are all telling the same story.
In fact, you just need to read the disclaimer at the bottom of the Confirmed Profits page, it says: “Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results don’t represent actual trading. And since the trades haven’t been executed the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they’re designed with the benefit of hindsight.“
But the best proof that ConfirmedProfits is a scam is the fact that it is based on Trade Verify, which is a very well-known scam, see below.
We have already published an article that proves that TradeVerify.net is a scam. So you can check it to see that it is a web site created just to support other scams. There are no real information, no real contacts, the company does not exist nor is verified by a law firm. Nothing.
In fact, all the awards and badges on the confirmedprofits.co web site are fake, you won’t find any real authority behind them. They don’t even have the right to use logos of Forbes, CNN and others.
Forget about free automatic binary options systems that will make you rich. Forget about free money.
The only way to make money on binary options is to learn and trade them yourself. You can start learning on a free demo account if you wish.