This review is about a binary options scam called „BinarySecret System“. It is presented by David James.
James says that although he knows nothing about trading financial markets, he has a trading app that can make $700 in 60 seconds. It is the Binary Secret System. It can work in two modes: sem-automatic that provides binary options trading signals, and fully automatic that trades your account directly.
BinarySecret is a binary options scam
For example the first testimonial, there is a doctor saying how much he has made with this system and then he shows a bank account statement with the name Sheila.
Or you have the speaker that shows a bank account statement with the name David James, but the person signed under the video is David Craig. He allegedly is the analyst who found the trading pattern.
But the reality is that Craig does not exist, his photos comes from a public database, it is a fictitious character.
The presence of this person is a guarantee that it is a scam.
How does it work
This scam is pretty simple. In reality they will ask you for your money. In order to get access to the BinarySecret System you will have to deposit at least $250 with the broker of their choice. This will earn them an affiliate commission.
Then you will trade with the Binary Secret App and lose everything you have in your trading account.
BinarySecret System is just another binary options scam. Never trust anybody promising you free money on binary options.
Profits can be made on binary options only if you devote time to learning and testing on a demo account. If you can trade profitably with demo money, you can then trade on a real account with real money. This is how binary options trading works.