Today we are going to review a binary options scam called the „Fisher Method“, it is presented by Jacob Clark.
The Fischer App
Jacob Clark is offering a binary options trading piece of software called the Fischer App. It is supposed to generate 10,000 trading signals per day with a 96 % accuracy.
Clark is giving away his Fischer App for free. But it is of course a scam.
Fake identity, fake testimonials
First let’s start with the professor Jacob Clark. He does not exist. His photos come from a marketing database and are used on a variety of different web sites. Jacob Clark is a fictitious person.
Then you have the testimonials. Fake again. Pictures are taken from various places all over the internet, these people are not real traders. See images.
Why is The Fisher App a scam
We have already presented some proofs that The Fischer Method is a scam project. But let’s look a little bit further. Do you see all the famous logos on Clark’s page? Like Sky News or Bloomberg. Try to search on these web sites for any news about Clark or the Fischer app. You will find nothing.
Secondly, look at the disclaimers at the bottom of his page. The Risk Disclaimer says: “…SINCE THE TRADES HAVE NOT BEEN EXECUTED…“ or „ SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT.“
So Clark admits that trades in his videos are simulated.
And one last thing, The Fisher Method has an affiliate program with a $250 reward for every person you refer to the Fisher App. How do you think is that possible? Does it correspond to the whole story?
Jacob Clark is affiliated with binary options brokers. He will earn commissions for every new trader that opens an account and deposits money. That is why he made up this story, he will push you tou open an account and deposit at least $250 in the first step. If you then trade your account with his app, you will lose your money.
Trading binary options can make you money, but you first have to learn how to trade. No software will do that for you.