TheBestBinaryOptionsBrokers.net https://thebestbinaryoptionsbrokers.net Fighting online scams since 2013 Sat, 18 Aug 2018 07:46:18 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 CLASSIC SCAM: Indicator Pro review https://thebestbinaryoptionsbrokers.net/classic-scam-indicator-pro-review https://thebestbinaryoptionsbrokers.net/classic-scam-indicator-pro-review#respond Sat, 18 Aug 2018 07:44:00 +0000 https://thebestbinaryoptionsbrokers.net/?p=8960 Indicator Pro reviewThis review proves that Indicator Pro is a scam. It is presented by Jack Lewis.

Lewis says that his Indicator Pro will tell you when to buy and when to sell Facebook shares. His trading signals will allegedly make you $1500 per day.

And you can get these signals for free. So, do you have anything to lose?

Indicator Pro scam

The disclaimer admits it allUnfortunately, Indicator Pro is just a scam that is designed to lose your money, so yes, you have money to lose.

The video is fictitious, it has nothing to do with reality. The funny thing is that scammers who run this program admit it in their disclaimer. They obviously think that it is OK to lie in a video and admit it in a separate text, but it is not. See our picture.

Fake testimonials

Testimonials are not realThe Indicator Pro video is not the only fake thing on the website. The Facebook reviews and testimonials are fake too.

It is obvious, because you cannot click on the comments, you cannot add a new comment. People you see on those photos are not real users of the system.

Scam software

The robot is a scamWe tested the Indicator Pro software to see what it is about. It is nothing unique, not even an indicator, it is a well-known scam robot that we have already seen many times.

Look at our picture to see that scams like Crypto Unlocked, Bitcoins Wealth or Crypto System Plus use the exact same software.

We know from real users of this app that it is losing money in real trading!

The truth

Finally, let us explain how the Indicator Pro scam work. When you sign up for it, you will be pushed to deposit money with an unregulated broker called Wise Banc.

It’s because people who run this scam are paid by this broker for referring new depositors. If you send money to that broker and then trade it with Indicator Pro, you will lose everything. That’s how it ends.

Conclusion

Indicator Pro is a dirty scam that is made to lose your money with a dirty broker. Stay away from it!

If you want to try financial trading to make money, start on a free demo with a regulated broker.

Trade with real money only when you have fully understood the risks and have a good trading strategy.

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SCANDALOUS SCAM: CryptoAdSolution review https://thebestbinaryoptionsbrokers.net/scandalous-scam-cryptoadsolution-review https://thebestbinaryoptionsbrokers.net/scandalous-scam-cryptoadsolution-review#comments Fri, 17 Aug 2018 14:36:04 +0000 https://thebestbinaryoptionsbrokers.net/?p=8952 CryptoAdSolution official webThis review shows that CryptoAd Solution and its cryptocurrency CADS are a blatant scam that you have to avoid.

CryptoAdSolution is supposed to be a project that combines advertising with blockchain technologies. It will use its own CryptoAdSolution Coin called CADS.

In order to participate in the system, you will have to buy CADS with other cryptocurrencies. This allegedly will allow you to make money in different ways. You can buy advertising packages or for example stake your CADS.

Returns on investments are promised between 20 and 25% per cycle that can last for 60 – 90 days. This basically means 7 to 12% per month. There is also an affiliate program with commissions on three levels totaling 30% (12 + 12 + 6).

What is the truth about Crypto Ad Solution?

CryptoAdSolution scam

We went through all the materials available about CryptoAd Solution, especially the whitepaper, and it is absolutely clear that it is a clone of the Bitconnect scam. It is using the same tricks, except that instead of a trading bot the alleged product here is ads.

Anonymous and illegal

Anonymous and illegalFirst of all, the CryptoAdSolution scheme is about collecting money from the public and paying back profits. In other words, they promise that the ownership of CADS will make you money. This means that CADS is a security.

So, you can expect regulators from all over the world to be soon after CryptoAdSolution for selling unregistered securities.

CryptoAdSolution is totally anonymous, there is no contact information, just some names that are very probably fictitious. This means that the company behind this scheme is not regulated, it cannot offer its services in most countries in this world.

Unrealistic returns

Scam offer12% per month might not seem too much compared to the 45% promised by Bitconnect and its other clones, but you have to ask where would this money come from? CryptoAdSolution claims that from advertising. For this kind of activity 12% or even 7% per month is way to high.

Because you have to consider that there is an affiliate program with 30% through 3 levels, also the company has to make some profits, so if they are supposed to give you 12%, they would need to make a total of more than 20% per month. A new and anonymous company can do that?

How it really works

DashboardBecause we have seen many of these scams, we can tell you how CryptoAdSolution works, and more importantly, how it will collapse. It is basically a Ponzi scheme enhanced with a cryptocurrency to double scam you.

In normal Ponzi scams you pay with your money and get paid back profits in real money. A Ponzi scheme is an illegal financial game where there is no real business activity going on, deposits are just redistributed through withdrawals. When it collapses because of the lack of new money coming in, at least you might have collected some profits and not lost everything.

But CryptoAdSolution will force you to buy their CADS token and you will paid in CADS. You will have to buy it with a real cryptocurrency. And when the scam explodes, you will be left with the worthless CADS, meanwhile scammers will have all your money.

And, just like Bitconnect did it, owners of the scam will dump their own CADS before letting the scheme collapse, so they will double their profits, meanwhile you will have nothing.

Trust us, we have warned against Bitconnect months before it collapsed, CryptoAdSolution is the exact same scam, it is doomed to fail.

Conclusion

Stay away from CryptoAdSolution, it is a scandalous scam that will collapse, it is just a matter of time.

If you are interested in making money with cryptocurrencies, focus on real and proven cryptos in trading. You can try it on a free demo with a regulated broker.

Forget about anonymous projects promising you a passive income, they all are scams.

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OSC warns against PayBack Limited https://thebestbinaryoptionsbrokers.net/osc-warns-against-payback-limited https://thebestbinaryoptionsbrokers.net/osc-warns-against-payback-limited#respond Fri, 17 Aug 2018 13:42:16 +0000 https://thebestbinaryoptionsbrokers.net/?p=8950 The financial regulator from Ontario believes that PayBack is a scam.

PayBack Limited (or MoneyBack Limited) is a company that offers recovery services. They say they can get you money back from unregulated brokers and other investment scams.

According to the Ontario Securities Commission PayBack is run by the same people as the scam broker Trans Atlantic Direct (TAD). PayBack is contacting victims of Trans Atlantic Direct and claiming they can recover their funds for a fee.

The OSC therefore thinks that PayBack and TAD can be a double dip scam.

For your trading use regulated brokers only.

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BEWARE of Atlas Quantum – review https://thebestbinaryoptionsbrokers.net/beware-of-atlas-quantum-review https://thebestbinaryoptionsbrokers.net/beware-of-atlas-quantum-review#respond Fri, 17 Aug 2018 07:41:02 +0000 https://thebestbinaryoptionsbrokers.net/?p=8941 Atlas Quantum official websiteIn this review we explain that extreme caution is needed when considering investing with Atlas Quantum.

Atlas Quantum is supposed to be an arbitrage platform for cryptocurrencies. So, for example it buys bitcoin on one exchange for a lower price and sells it on another exchange for a higher price.

Atlas Quantum say they can make you money, they claim that in the last 12 months they achieved a ROI of 43.65%. So, should you invest with them?

Not so fast

We see several serious problems with Atlas Quantum. Here are some of them.

Dubious history

Alleged historyAtlas Quantum claim they have been making profit for two years. At first sight it might seem possible, because their domain name was created two years ago.

However, when you look in the web archive, you will see that until March 2018 the domain was only parked, there was no website. It seems that Atlas Quantum is active only since July 2018, which means one month and not two years.

Empty historyTherefore, we don’t believe that the platform has 240 thousand users in 50 countries and 30 million dollars under management.

The web history shows that Atlas Quantum is only a few months old, which is also confirmed by their Twitter account.

Anonymous and illegal service

Anonymous and unregulatedAtlas Quantum clearly is providing investment services. It collects money from the public and is supposed to pay back profits. And it is clearly targeting residents of regulated countries like the UK, Canada or Japan.

But Atlas Quantum is anonymous, they provide no information about the company, no address, only a few phone numbers. This obviously means that Atlas Quantum is not regulated, and therefore not authorized to provide investment services.

It means that it cannot operate legally in most countries. It is never a good idea to deposit cryptocurrencies with anonymous companies, because crypto transactions are anonymous and irreversible.

Conclusion

We recommend staying away from Atlas Quantum, because it is not regulated and its history raises big red flags.

If you want to try genuine cryptocurrencies trading, do it on a free demo with a regulated broker.

For trading and investing use regulated companies only.

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FCA warns against 365 FX and Gallant Finance https://thebestbinaryoptionsbrokers.net/fca-warns-against-365-fx-and-gallant-finance https://thebestbinaryoptionsbrokers.net/fca-warns-against-365-fx-and-gallant-finance#respond Thu, 16 Aug 2018 14:49:07 +0000 https://thebestbinaryoptionsbrokers.net/?p=8938 British Financial Conduct Authority has published warning about two unregulated companies offering investment services.

The first warning is about Oproserv that runs 365 FX and 365 Binary Options. The company is not regulated, it is not authorized to provide investment service not only in the UK.

The second warning is about Gallant Finance, which is a Forex broker that is not regulated. It allegedly is based in St. Vincent and Grenadines. It has no authorization for any country with a financial regulation.

For trading use regulated brokers.

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PRIMITIVE SCAM: Hour Bit Club https://thebestbinaryoptionsbrokers.net/primitive-scam-hour-bit-club https://thebestbinaryoptionsbrokers.net/primitive-scam-hour-bit-club#respond Wed, 15 Aug 2018 14:51:52 +0000 https://thebestbinaryoptionsbrokers.net/?p=8931 Hour Bit ClubCheck this review to see that Hour Bit Club is a scam, not a real investment opportunity.

Hour Bit Club allegedly is a trading company for cryptocurrencies. It provides a money-making program that doesn’t require any skill.

There are three different investment plans with returns up to more than 300% per day. What’s the reality?

Hour Bit Club scam

Losing plansThe truth is that Hour Bit Club is a scam. 300% per day is an absolute nonsense, no legit business can achieve that, only scams show such numbers.

And indeed, Hour Bit Club is just a scam that is going to quickly fail. Either it will just collect money and pay nothing back, or it may honor some withdrawals and then quickly fail afterwards.

These Ponzi schemes have no real business activities going on, they just redistribute some of the deposits on withdrawals and then collapse.

Fake testimonials

Reviews are fakeOther than the numbers that speak for themselves, there are also the fake testimonials that serve as a proof of scam.

Check our picture that testimonials shown on the Hour Bit Club are fabricated with stolen photos, these people are not users of the system.

Conclusion

Hour Bit Club is a simple scam that will make a lot of money disappear, stay away from it!

If you want to try genuine financial trading risk free, do it on a free demo with a regulated broker.

On the demo you will what the real possibilities and risks are.

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LOSING SCAM: Profit Pay review https://thebestbinaryoptionsbrokers.net/losing-scam-profit-pay-review https://thebestbinaryoptionsbrokers.net/losing-scam-profit-pay-review#respond Wed, 15 Aug 2018 14:09:18 +0000 https://thebestbinaryoptionsbrokers.net/?p=8923 Profit Pay official websiteThis quick review explains that Profitpay is an investment scam that has to be avoided.

Profitpay claims to be an automated investment platform. People who run it allegedly trade cryptocurrencies.

They offer one investment plan that is supposed to give you 45% daily on your investment, which means 1350% per month. Is this absurd number possible?

Profitpay scam

One investment plan1350% per month really is just an absurd number that cannot be achieved in any legitimate business. It simply means that Profit Pay is a scam.

It obviously is a Ponzi scheme, which means that new deposits are used for withdrawals. Such a scheme works only when there is more money being deposited than withdrawn, which of course cannot last long because of the absurd 45% ROI.

Therefore, Profitpay is destined to quickly collapse and lose money to investors.

No company

No companyProfit Pay say that it is a registered company, but it is not. It provides a British address, but it is not registered with the Companies House.

It of course doesn’t have a licence to provide investment services either, which means that it is not regulated and that it is an illegal service.

Conclusion

Profit Pay is a scam, an illegal financial game that will lose money to people who invest with it. Stay away!

If you want to try real crypto trading, start on a free demo with a regulated broker so that you don’t risk anything.

On the demo you can practice and build a profitable strategy before eventually investing real money.

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HAZARDOUS SCAM: Cryptosaver review https://thebestbinaryoptionsbrokers.net/hazardous-scam-cryptosaver-review https://thebestbinaryoptionsbrokers.net/hazardous-scam-cryptosaver-review#respond Tue, 14 Aug 2018 15:18:12 +0000 https://thebestbinaryoptionsbrokers.net/?p=8916 Cryptosaver scamThis review is a warning about the Cryptosaver scam that was made to lose your money.

Cryptosaver Limited supposedly is a community of stock market traders specializing in high yield investments and cryptocurrencies.

Cryptosaver offers several investment plans while allegedly guaranteeing the security and performance. For example, the rapid plan should give you 35% net on your investment after 5 days, which means 210% in one month. Truly?

Cryptosaver scam

Investment plans are not realNo, Cryptosaver won’t be tripling your money every month, because it is a scam. Just accept as a fact that no legit business in this world can bring you 210% net returns per month.

This leaves us with only one option, Cryptosaver must be a scam. If it starts by paying profits, it clearly is a Ponzi scheme that uses new deposits to pay out withdrawals until the system collapses because of the lack of new money coming in.

Illegal operation

Unathorized companyCryptosaver Limited claims to be a company registered in the UK. While it’s true that there is a company of this name registered in the UK, it is not even one year old and it is not regulated.

To offer investment services in the UK you need a licence from the FCA, but as you can see on our picture, Cryptosaver has no licence. Therefore it is an illegal operation.

Conclusion

Cryptosaver is a common scam that will disappear as quickly as it appeared, but a lot of money will be lost in the process. Stay away from it.

Real financial trading requires learning, patience and a good strategy. You can try it on a free demo with a regulated broker.

Be sure to understand the risks if you decide to trade with real money.

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TEASING SCAM: Troll Pays review https://thebestbinaryoptionsbrokers.net/teasing-scam-troll-pays-review https://thebestbinaryoptionsbrokers.net/teasing-scam-troll-pays-review#respond Tue, 14 Aug 2018 14:44:47 +0000 https://thebestbinaryoptionsbrokers.net/?p=8909 Troll Pays webRead this review to understand why Troll Pays is a scam destined to fail.

Troll Pays Trading is supposed to be a professional investment corporation that makes money in financial trading.

It offers several investment plans, for example the Premium one should get you 37.5% net per day, which means 1125% per month. Is it possible?

Troll Pays scam

Investment plans are absurdEverybody should know that 1125% per month is something impossible for any legit business. If it was, we all would be millionaires already.

The truth is that such numbers can be only seen with Ponzi schemes, which are scams. These illegal financial games collect deposits and redistribute these deposits via payouts. But such a scheme of course only works while there is more money being deposited than withdrawn, which usually doesn’t last long.

These scams always fail in the end, most of the times very quickly.

Fake company

The company is not realTroll Pays claims to be a licensed company in the UK, but it is not. As you can see on our picture, it is linking to a registration of a dissolved company.

Besides, to offer investment services you need a licence from the FCA and Troll Pays of course doesn’t have it.

Conclusion

Troll Pays is a scam that will quickly die because it is a Ponzi scheme with absurd plans. Stay away from it.

If you want to see what profits a possible in genuine financial trading, try a free demo with a regulated broker.

Also, remember that in trading you can make, but also lose money, so be careful.

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USUAL SCAM: Varista Trade review https://thebestbinaryoptionsbrokers.net/usual-scam-varista-trade-review https://thebestbinaryoptionsbrokers.net/usual-scam-varista-trade-review#respond Mon, 13 Aug 2018 13:07:00 +0000 https://thebestbinaryoptionsbrokers.net/?p=8900 Varista Trade official webThis review shows that Varista Trade is an investment that will quickly disappear.

According to its presentation, Varista Trade is a company that makes money in cryptocurrency trading.

It offers investment plans to the public with returns up to 20% per 12 days, which means 50% net per month. Is it a real opportunity?

Varista Trade scam

Investment plans are fakeNo, Varista Trade is not a genuine investment opportunity. 50% per month is too much for any legit business, even in cryptocurrencies.

The way Varista Trade works is a Ponzi scheme. It will just collect money from the public and maybe pay out some profits at the beginning, just to attract more investors in.

But because no real business activity is going on, no revenues are generated, this scheme always quickly runs out of money. Withdrawals will exceed deposits, that is given, and then it will collapse.

Fake company

The company does not existVarista Trade claims to be a real company registered in the UK, but it is not true.

Check our picture to see that the Companies House knows nothing about Varista Trade.

It means that Varista is a fake company, anonymous and not regulated!

Conclusion

Varista Trade is a simple Ponzi scam that is going to quickly disappear with all the money, stay away from it!

If you want to experience genuine cryptocurrencies trading, try a free demo with a regulated broker.

If you want to later start trading with real money, be sure to understand the risks and to have a good trading strategy.

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