TBBOB https://thebestbinaryoptionsbrokers.net Fighting online scams since 2013 Fri, 19 Jul 2019 07:25:48 +0000 en-US hourly 1 https://wordpress.org/?v=5.2.2 Globality Wealth, AE Global Invest, RT Europe and others on blacklists https://thebestbinaryoptionsbrokers.net/globality-wealth-ae-global-invest-rt-europe-and-others-on-blacklists https://thebestbinaryoptionsbrokers.net/globality-wealth-ae-global-invest-rt-europe-and-others-on-blacklists#respond Fri, 19 Jul 2019 07:25:48 +0000 https://thebestbinaryoptionsbrokers.net/?p=11280 Financial authorities from three different countries have warned the public against unregulated services.

The FMA from New Zealand, the FCA from the UK and the FSMA from Belgium have alerted the public about the following investment services.

These services are seeking clients in the respective countries of the above-mentioned regulators but are not authorized to do so:

  • Globality Wealth
  • RT Europe
  • Deutsche Capital Partners
  • Ae Global Invest
  • Fortis Prime
  • Fern (FuerFX)

Sending money to these services can be very dangerous, since it would not be protected in any way.

For financial trading and investing you should use regulated services only.

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VIOLENT SCAM: My Passive Trades review https://thebestbinaryoptionsbrokers.net/violent-scam-my-passive-trades-review https://thebestbinaryoptionsbrokers.net/violent-scam-my-passive-trades-review#respond Thu, 18 Jul 2019 12:51:19 +0000 https://thebestbinaryoptionsbrokers.net/?p=11277 In this My Passive Trades review you will find an explanation of how this investment scam works.

My Passive Trades reviewMy Passive Trades is presented as an advertisement network that uses login ads, ppc ads, text ads, banner ads and so on to generate money to its users.

This service also offers an investment plan where you can get up to 1.25% daily on your returns, which means 37.5% per month. Passively, you don’t have to do anything.

Should you want to be an active member and refer other people to the network, you can earn 11 percent across two levels.

My Passive Trades scam

There really is no need to dive deep into the business model of My Passive Trades to see that it is a scam. Because any business promising you 1.25% daily is a scam, there is no other possibility.

Because there is no way of generating a steady 1.25% daily return on investment in any legitimate business, that’s the reality.

The only question is exactly how the My Passive Trades scam operates. The usual scenario in these cases is a Ponzi scheme that redistributes deposited money without creating any real value.

This model is heavily dependent on deposits rising to satisfying the rising withdrawal requests. It is a model doomed the fail, the only question always is how long it will take before it collapses.

Scams like My Passive Trades usually last only weeks before they collapse and people realize they were scammed.

You should never invest money in these schemes not only because you don’t know when they will collapse, but also because every potential return would somebody else’s loss.

My Passive Trades review conclusion

My Passive Trades is a scam, an illegal investment scheme that is going down, it is just a matter of time. Avoid it!

If you want to try to make money in financial trading, start on a free demo account to see if you manage to build a profitable strategy.

Before potentially investing real money you have to understand the risks and know what you are doing.

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BRUTAL SCAM: Push Button System review https://thebestbinaryoptionsbrokers.net/brutal-scam-push-button-system-review https://thebestbinaryoptionsbrokers.net/brutal-scam-push-button-system-review#respond Wed, 17 Jul 2019 15:29:50 +0000 https://thebestbinaryoptionsbrokers.net/?p=11272 This Push Button System proves that this system of Jay Brown is a scam that you have to avoid.

Push Button System reviewBrown says that he created a money generating system that is based on affiliate marketing. He called it the Push Button System, because earning money with it allegedly is just a matter of a few clicks.

He says that he has done everything for you and that you can earn up to $5,000 within 24 hours. Is it real?

Push Button System scam

No, the Push Button System offering is not real, it is a scam and Jay Brown is a scammer.

Jay Brown scammer

Jay Brown scammerJay Brown is not the creator of the Push Button System, he is just a scammer. More precisely, it is an actor who is willing to play in scams, we have seen him several times doing just this.

For example he acted as the creator of the Maximus Cryptobot, as you can see on our picture. This guy acting as a creator of anything is a guarantee of scam.

Push Button System testimonials

Push Button testimonialsIn the video shown by Brown you will see people claiming that they have made a lot of money with the Push Button System, but their testimonials are fake.

Like Brown, all these people are paid actors who are willing to say anything for money, including supporting scams.

Fake earnings

The Push Button System video is also full of fake earning statements. If making money was as easy as doing a few clicks, nobody would be working.

Also, ask yourself why would Brown sell a system that has made him rich instead of using it to get even richer? It of course makes no sense at all.

Money can be made in affiliate marketing, but it takes a lot of effort, you have to get visitors to your website(s) or pay money for ads. It takes a lot of testing and learning to see what works, there certainly is not a ready-made system that could make you thousands of dollars within the first days.

Brown is just a liar and the Push Button System is a scam.

Push Button System review conclusion

The Push Button System is a scam, Jay Brown is a knowns scammer, he has not created anything, stay away from him and his product.

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BRUTAL SCAM: Libra Method review https://thebestbinaryoptionsbrokers.net/brutal-scam-libra-method-review https://thebestbinaryoptionsbrokers.net/brutal-scam-libra-method-review#respond Mon, 15 Jul 2019 12:14:43 +0000 https://thebestbinaryoptionsbrokers.net/?p=11264 This Libra Method review is intended to be a big warning about this investment scam offer.

Libra Method reviewLibra Method is supposed to be a social-driven trading system that will allow you to capitalize on the new Facebook cryptocurrency called Libra.

This trading system will allegedly earn you between $950 to $2200 per day, which means $30,000 to $66,000 per month.

While you can get access to this system for free, you should ask yourself a few very important questions.

Libra Method scam

Do you really believe that somebody will make you tens of thousands of dollars per day for free? If you do, you have a big problem. Because no, money is not free, money represents value, so you cannot get it for free.

Facebook Libra lies

The Libra Method is supposed to allow you to take advantage of the upcoming Facebook crypto Libra. But it is a lie, there is no way to do it.

You see, Facebook published only a vision, a plan and a whitepaper. Libra does not exist, it does not even have a fixed launch date. It is not even sure that it will be launched, because a lot of politicians are against it.

So, you cannot buy Libra, you cannot pre-order it, you can’t do anything with it, there is no way to secure any future earnings with it. The Libra Method scam just abuses Facebook’s plans and has nothing to do with it.

Libra Method testimonials

Libra Method testimonialOn the website of the system you will find several Libra Method reviews and testimonials, however there is a big problem with them.

People on the pictures say they have earned money with the system, but it is not true, the testimonials are fake. Check our picture on the right and you will see that scammers have used stock photos and they added stories they made up.

The truth

Libra Method scamIn this last part of our Libra Method review we are going to explain how the scam work. The only aim of the system is to make you deposit money with an unregulated broker that scammers are affiliated with.

They will tell you that money will remain yours, but that would be true only with a reputable and regulated broker. With the Libra Method they will force you to send money to a broker that will never let you withdraw anything, the system will just make sure you lose everything.

Then they will ask you for more deposits, they will use all sort of lies to persuade you, they may even show you some fake profits, but they will never let you withdraw a single cent. This is how these scam work.

Libra Method review conclusion

Libra Method is a brutal scam that has nothing to do with Facebook, it just abuses its identity. This scam is made to steal your money, stay away from it!

If you want to try to trade real cryptocurrencies, try it first on a free demo with a regulated broker.

Trade with real money only when you understand the risks and have a good strategy.

 

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BS SCAM: The Calloway Crypto System review with proofs https://thebestbinaryoptionsbrokers.net/bs-scam-the-calloway-crypto-system-review-with-proofs https://thebestbinaryoptionsbrokers.net/bs-scam-the-calloway-crypto-system-review-with-proofs#comments Fri, 12 Jul 2019 15:44:54 +0000 https://thebestbinaryoptionsbrokers.net/?p=11258 In this Calloway Crypto System review we explain that this trading robot is a disgusting scam that you have to stay away from. It is presented by Brett Calloway.

Calloway Crypto System reviewThe Calloway Crypto System is presented as a robot that is able to trade automatically on your behalf. It will generate trading signals for cryptocurrencies and execute them so that you don’t have anything to worry about.

The robot allegedly can win up to 96% of trades, which would make you very rich very quickly. Yet, it doesn’t cost anything. Is this normal?

The Calloway Crypto System scam

A free software that will make you a millionaire of course is not normal, in fact, it is a nonsense, nothing like this exists. If becoming a millionaire was a matter of a free trading software, the economy would collapse.

Calloway Crypto System is a scam. It is an evolution of the Calloway Software scam that we have already reviewed. It was designed to make money to scammers. For that it needs to get your money and we will explain how it will do it.

Fake demo

Calloway Crypto System scamThe first step in robbing you is to make you believe that the Calloway Crypto System is a profitable trading robot. Therefore, they will provide you with a demo that will generate great profits. But they will be fake and it is easy to prove.

Look at our picture. The first thing you should notice is that all trades last only one second, which impossible in real trading, because the execution of your trades depends on liquidity and crypto markets are not liquid enough for scalping at such a rate.

The second thing is that the illiquidity of crypto markets never offers such tight spreads as the Calloway Crypto System demo suggest. It opens and closes the trades with Bitcoin costing the same amount of dollars, the difference being only in cents.

Open any crypto exchange or a broker’s website and you will see that the spread between the ask and bid price with Bitcoin is always several dollars, never cents only, it is never that tight. This proves that the Calloway Crypto System demo is fake, that it is a scam.

On our second picture of the Calloway Crypto System review you can also see that the same trading software is used by at least one other investment scam.

How they get your money

If you are not experienced enough to see that the demo they provide you with is fake, as we explained and proved above, you might fall into the trap and think that the Calloway Crypto System is profitable.

So, they will push you to deposit your money with a broker of their choice. This broker will be unregulated and scammers who run this show are affiliated with that broker. So they get paid for referring new depositors to it.

Once you deposit, scammers will get paid their provision and their software will lose your money in trading. You will never get your money back, end of story.

The Calloway Crypto System review conclusion

The Calloway Crypto System is dirty scam, it was made to lose your money with a dirty broker, stay away from it!

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

Don’t trade with real money until you know what you are doing and you understand the risks.

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BEWARE OF GoArbitrage – review https://thebestbinaryoptionsbrokers.net/beware-of-goarbitrage-review https://thebestbinaryoptionsbrokers.net/beware-of-goarbitrage-review#respond Thu, 11 Jul 2019 08:13:01 +0000 https://thebestbinaryoptionsbrokers.net/?p=11252 In this GoArbitrage review we explains doubts that we have about this cryptocurrency trading robot.

GoArbitrage reviewGoArbitrage is presented as an arbitrage robot for cryptocurrencies that will make you 19% to 235% per month.

The robot is fully automated and will make trades on your behalf. It costs from $99 per month to $800 per year. Is it worth it?

GoArbitrage problems

GoArbitrage testimonialLet’s start by explaining what arbitrage trading is. There is a lot of crypto exghanges and the prices often vary between them. For example the price of Bitcoin will not be exactly the same on every exchange out there.

And arbitrage trading takes advantage of this fact, you buy a cryptocurrency on an exchange with a lower price and then resell it on another exchange for a higher price. That is the theory.

GoArbitrage promises to automate all this for you. The first problem we see is this: You have a profitable arbitrage robot, so why you sell it to the public instead of using it and making money with it for yourself?

You see, arbitrage trading is not that easy, because arbitrage opportunities are thinner and thinner as more and more people trade them. There are professional robots trading them. The more people trade them, the less opportunities for profits.

So, it makes no sense at all to sell an arbitrage robot, if it is profitable, because it will destroy its performance.

Risks

GoArbitrage claims that arbitrage trading involves no risks, but it is not true. Arbitrage opportunities can disappear before you complete your trades on both ends, you have to fund your accounts with a lot of exchanges and some of them can go bankrupt, you can have withdrawal problems etc.

There are risks, especially because opportunities tend to appear on smaller and less known exchanges that are risky to deal with.

Performance

Last but not least, making hundreds of percent per month as GoArbitrage claims is not realistic. They have nothing to back up their claims.

A robot that can make you 19% to 235% per month and it costs $99? It makes no sense at all and this looks like a scam to us.

GoArbitrage review conclusion

We are pretty sure that GoArbitrage cannot deliver the performance it promises, moreover arbitrage trading is not without risks, be careful!

We recommend trading only with regulated brokers and reputable exchanges, if you want to enter the world of cryptocurrencies.

And remember that no financial trading is without risks.

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HORRIFIC SCAM: Cripto Robot review https://thebestbinaryoptionsbrokers.net/horrific-scam-cripto-robot-review https://thebestbinaryoptionsbrokers.net/horrific-scam-cripto-robot-review#respond Wed, 10 Jul 2019 15:15:42 +0000 https://thebestbinaryoptionsbrokers.net/?p=11244 Read our Cripto Robot review to understand that it is a horrible financial scam that you have to stay away from.

Cripto Robot reviewCripto Robot is an investment program that claims that you can easily make money with cryptocurrencies. The program is supposed to help you to earn a lot of money.

Since you can start using it for free, it could seem that you have nothing to lose. But it is not true.

Cripto Robot scam

FeaturesThe truth is that in investing there are no guarantees. When Cripto Robot says that you don’t need any experience and that cryptocurrencies are guaranteed to increase in price, it is a lie.

The robot is supposed to analyze price movements, generate trading signals and even trade for you. But don’t let it do so, because you would lose your money.

Cripto Robot testimonials

Cripto Robot testimonialsThe Cripto Robot’s website features testimonials of satisfied users, but they obviously are fake. Distorted photos, no names and fake stories about big profits.

People you see on those pictures are not real users of the systems, their stories are fake.

How it really works

The robot scamThe Cripto Robot software might be free, but when you sign up, they will tell you that you cannot start using it until you deposit at least $250 with a broker called Investous.

The reason behind it is very simple, people who run the Cripto Robot scam are getting paid by that broker for every depositor they refer. This is how they make money, they are affiliated with the broker and they just need you to deposit so that they earn their commission.

Their robot can then lose your money, because it won’t matter to them, they will already have earned their commission for referring you. This is how the Cripto Robot scam works.

Cripto Robot review conclusion

Cripto Robot is a scam, it is not a profitable software, it is a piece of crap, stay away from it!

If you want to make money in crypto trading, start on a free demo and learn your way to profits.

You have to understand how trading works and build a profitable strategy before investing real money.

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WARNING, ProfitX is an unregulated broker https://thebestbinaryoptionsbrokers.net/warning-profitx-is-an-unregulated-broker https://thebestbinaryoptionsbrokers.net/warning-profitx-is-an-unregulated-broker#respond Tue, 09 Jul 2019 16:26:30 +0000 https://thebestbinaryoptionsbrokers.net/?p=11238 In this review we have a closer look at the broker ProfitX which offers trading with several different instruments and a lot of assets.

About ProfitX

ProfitX brokerThe offer of ProfitX is pretty standard for the industry, you can trade currencies (more than 100 pairs, indices (30+), stocks and cryptocurrencies. All is done through contracts for difference (CFDs), so you are not entering into possession of any of the assets you trade with this broker.

The minimum deposit with ProfitX is $250 and you will be able to trade with a leverage of 1:400. Deposits methods include credit and debits cards, Skrill, Neteller, Western Union and MoneyGram. The platform you will be trading on is Metatrader 5.

Stay away from ProfitX

The companyThere is one big reason why you should stay away from ProfitX, it is not regulated. ProfitX is headquartered in Saint Vincent and the Grenadines and doesn’t have any licence that would allow it to offer investment or any financial services.

This means that ProfitX cannot legally offer its services not only in the USA, but in the majority of other countries as well. Especially regulations in Canada, the EU, Australia, New Zealand and Japan are very strict in this regard, unregulated brokers cannot target their residents at all.

There is one important aspect to this, with unregulated broker deposits aren’t insured, which means that if the broker goes bankrupt or just runs away, you won’t get your money back. Unlike with regulated brokers.

Also, if you have any dispute with the broker, there is no third party (a regulator) that could help you. We have seen tons of people with problems with unregulated brokers and a lot of these brokers just disappear with clients’ money after a while.

Conclusion

ProfitX is a broker that is not regulated, it cannot serve customers in most countries, deposits are not insured, stay away from it.

For trading you should always use regulated brokers only.

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BORING SCAM: Oil & Gold Stocks system review https://thebestbinaryoptionsbrokers.net/boring-scam-oil-gold-stocks-system-review https://thebestbinaryoptionsbrokers.net/boring-scam-oil-gold-stocks-system-review#respond Fri, 05 Jul 2019 14:58:46 +0000 https://thebestbinaryoptionsbrokers.net/?p=11233 In this Oil & Gold Stocks review we examine this system that is supposed to trade for your and make you money.

Oil & Gold Stocks reviewThe Oil & Gold Stocks system was designed to trade oil and gold shares. It allegedly has a 99.8% accuracy, so it can make you $300 to $500 per day.

The software is free, so can you really get a residual income for free?

Oil & Gold Stocks system scam

Oil & Gold Stocks testimonialsUnfortunately no, the Oil & Gold Stocks system won’t earn you anything, because it is a scam. Nobody will be making you free money every day, you should know this.

Oil & Gold Stocks is in fact just another clone of a scam that we have seen and reviewed many times. Scammers randomly chose an investment product and make up a story around it, they claim that their software can make you a lot of money in that particular field of investments.

Check our picture on the right to see a few examples of other scams of this type: AI Stock Profits, Gaming Stock Profits and Golden Profit. They all are the same, the tell the same BS story, just the name and underlying assets change.

How it works

The Oil & Gold Stocks system was made to separate you from your money. When you sign up for it, you will be told that in order to start earning money you have to deposit at least $250 with a certain broker, in our case it was Capital Seven.

This broker will be dubious and unregulated, as Capital Seven is. If you send them your money, that will be it, you will never get it back. They will make up all sort of reasons for you to deposit more, but they will never let you withdraw anything, your deposit will be lost.

Oil & Gold Stocks system review conclusion

Oil & Gold Stocks is a scam that only wants your money, it won’t earn you anything, stay away from it!

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

See on the demo if you are able to learn to trade profitably, then you can decide what to do next.

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PRIMITIVE SCAM: Bitcoin Freedom review https://thebestbinaryoptionsbrokers.net/primitive-scam-bitcoin-freedom-review https://thebestbinaryoptionsbrokers.net/primitive-scam-bitcoin-freedom-review#comments Thu, 04 Jul 2019 09:08:40 +0000 https://thebestbinaryoptionsbrokers.net/?p=11226 This Bitcoin Freedom review proves that this investment program is a primitive scam that you should not put your money into.

Bitcoin Freedom reviewThe video presentation of the Bitcoin Freedom says that it is an automated trading program for Bitcoin that has made a lot of people millionaires.

You allegedly can use it for free to get thousands of dollars per week thanks to Bitcoin. Is becoming rich really that simple?

Bitcoin Freedom scam

Bitcoin Freedom scamWell, if you believe that somebody will make you a millionaire for free, you are in big trouble and an ideal target for scammers. Money represents value, the opposite of free, these two things just don’t get together.

People promising you big money are just scammers. Bitcoin Freedom is an infamous scam that first appeared as Crypto System. Since then it has had many clones, one of them being Liberty BTC.

As you can see on our picture, these programs are absolutely the same, they use the same web pages and the same story. And they all lead into one inevitable ending, people who use them lose money.

There is a lot of Bitcoin Freedom reviews and testimonials of real users out there, they all are negative because people lost their money with them.

How they get your money

Bitcoin Freedom isn’t really about Bitcoin, it is just a scam that will use anything to persuade you to deposit money with a selected unregulated broker.

When you sign up for the program, this is exactly what they will ask you to do, to send money to a shady broker. They will tell you that you have to do it in order to start earning money. But the truth is that they just want to get and keep your money, they won’t earn you anything, they will make you lose everything.

Bitcoin Freedom review conclusion

Bitcoin Freedom is an old scam with a new name. The principle remains the same, they will ask you for your money so that they can keep it. Stay away from it!

If you are interested in making money in financial trading, try a free demo with a regulated broker to start risk free.

Only when you understand everything and know what you are doing you can start trading with real money.

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