TBBOB https://thebestbinaryoptionsbrokers.net Fighting online scams since 2013 Tue, 12 Nov 2019 16:24:54 +0000 en-US hourly 1 https://wordpress.org/?v=5.2.4 BRUTAL scam – 24 Crypto Miners review https://thebestbinaryoptionsbrokers.net/brutal-scam-24-crypto-miners-review https://thebestbinaryoptionsbrokers.net/brutal-scam-24-crypto-miners-review#respond Tue, 12 Nov 2019 16:16:27 +0000 https://thebestbinaryoptionsbrokers.net/?p=11741 Thanks to our 24CryptoMiners review you will see the true nature of this investment scam.

24 Crypto Miners review24 Crypo Miners is supposed to be, as it name suggests, a cryptocurrency mining service. You can invest in crypto mining power and allegedly earn up to 45% in two weeks, which means about 100% per month.

Can you really double your bitcoin every month this way?

24 Crypto Miners scam

No, you cannot double your cryptos every month with 24 Crypto Miners nor with any other service of this kind, because it is a scam.

It has never been possible to double your money every month in crypto mining, let alone now, when the prices of cryptocurrencies are relatively low and mining costs high. In mining you will be lucky to break even after one year, that is the current state of this sector.

So, anybody offering you tens of percent per month from mining is a scammer, that is the only possibility. 24Crypto Miners is a scam, there is no way around it.

24 Crypto Miners testimonials

24CryptoMiners testimonialsOn the website of the service you will find 24CryptoMiners testimonials that are supposed to prove customers’ satisfaction, but they are blatantly false.

Scammers have used stolen photos from all over the internet. On our picture you will find a proof, this is a photo of the actress Helen Mirren who certainly is not a client of this scam service.

Illegal service

One important thing that has to be said about 24 Crypto Miners is that it is an illegal investment service. Because since it is allegedly located in the UK, it needs a license from the Financial Conduct Authority, but it doesn’t have it.

This means that it is operating illegally, it is a scam that has to be avoided.

24 Crypto Miners review conclusion

24 Crypto Miners is a total scam that you have to stay away from, you can only lose money with.

Crypto mining is still barely profitable, but if you are interested in cryptocurrencies, you can try trading them, see on a free demo with a regulated broker how it works.

If you want to trade with real money, pleas first understand the risks, you can have profits, but also losses.

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SUBTLE SCAM: IQ Miners review https://thebestbinaryoptionsbrokers.net/subtle-scam-iq-miners-review https://thebestbinaryoptionsbrokers.net/subtle-scam-iq-miners-review#respond Fri, 08 Nov 2019 16:02:08 +0000 https://thebestbinaryoptionsbrokers.net/?p=11737 This IQ Miners review reveals a big lie that this service is using to mislead its clients.

IQ Miners reviewIQMiners is an investment service but very vague. On its website we just could read there are investment plans but there are no details about them.

IQ Miners just say they will bring you high profits. Is it true?

IQMiners scam

IQMiners scamWe often say that to spot a scam you should first look at the numbers. Because most of the time investment scams promise ridiculous returns that are not possible, so you can quickly see what it is all about.

But as we already mentioned, IQMiners are hiding the details of their investment plans, so it is difficult to judge it from this point of view.

However, there is another giveaway. IQ Miners Ltd. supposedly is a UK company that is licensed to provide investment services. But it absolutely is not true.

IQ Miners is not even registered as a UK company, let alone licensed by the Financial Conduct Authority to provide investment services.

This means that they are lying on their website, which makes this service an obvious scam. If they lie about their legal status, you can be sure they are ready to scam you out of your money.

This is why the only right thing to do with IQ Miner is to never invest with it, otherwise you would be at great risk of loss.

IQ Miners review conclusion

IQMiners is lying about its registration and license, therefore it is a scam. You have to stay away from it!

For investing we recommend using regulated brokers only and starting on a demo account to learn risk free.

If you decide to trade with real money, be sure to understand the risks.

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WARNING, Bit Stair is a scam – review https://thebestbinaryoptionsbrokers.net/warning-bit-stair-is-a-scam-review https://thebestbinaryoptionsbrokers.net/warning-bit-stair-is-a-scam-review#respond Thu, 07 Nov 2019 17:06:17 +0000 https://thebestbinaryoptionsbrokers.net/?p=11732 Read this BitStair review to understand that this investment service is a dirty scam.

Bitstair reviewBit Stair is an investment company, but it doesn’t provide much details about its alleged investment activities.

It offers three investment plans with daily returns from 6% to 8.57% net. Is this a real investment opportunity?

Bit Stair

Bitstair scamNo, Bit Stair is not a real investment opportunity because it is a scam. It is just one of many, many cases where a quick look at the numbers is enough.

Because 8% percent per day means 240% per month, which is an impossible number for any legitimate business.

The BitStair review conclusion must therefore be that this program is a scam that you have to stay away from.

Illegal service

The companyOne more thing worth mentioning is that Bit Stair is an illegal investment service. Since the company is located in the UK, it needs a license from the Financial Conduct Authority.

But Bit Stair has not license at all, which means that it is an fraudulent service that is breaking the law.

How it works

BitStair probably is run as a Ponzi scheme, which means that it will collect money from people and play an illegal game with it. It will use the deposits to pay out some first profits, but since no new money is generated, it is doomed to fail.

Ponzi schemes always fail in the end, it is just a matter of time.

Bit Stair review conclusion

Stay away from Bit Stair, because it is an investment scam that can only collapse.

If you are interested in legitimated investing, first try a free trading demo with a regulated broker.

Before investing real money you have to understand how things work and associated risks.

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OBVIOUS SCAM: Finances Markets review https://thebestbinaryoptionsbrokers.net/obvious-scam-finances-markets-review https://thebestbinaryoptionsbrokers.net/obvious-scam-finances-markets-review#respond Tue, 05 Nov 2019 12:09:33 +0000 https://thebestbinaryoptionsbrokers.net/?p=11725 In this review we have a look at the cryptocurrency trading platform called Finances Markets.

Finances Markets reviewFinances Markets supposedly is the world’s largest crypto trading platform. If you want to buy cryptos like bitcoin, you are supposed to use it.

Should you? Is this really a reliable solution?

Finances Markets scam

Just a quick check of the Finances Markets website revealed two major lies, which led us to the conclusion that this exchange is a scam.

Not the largest

The first question is, whether Finances Markets is a crypto exchange or a broker. An exchange will allow you to buy and hold cryptocurrencies directly, while a broker will let you trade crypto derivatives.

But the answer is not important to the fact that Finances Markets is certainly not the largest in the world, no matter if it is a broker and exchange. In fact, it is not even among the biggest, it is among the smallest and unknowns.

Finances Markets testimonials

Finances Markets testimonialsThe website of the service features testimonials that are supposed to back the claim that Finances Markets is really reliable. But it is not.

Because all the testimonials are fake. As you can see on our picture, they used stock photos to portray fictitious clients.

Illegal service

We have gone through the terms and conditions of Finances Markets and one thing is clear, it is a general text copied from somewhere else. But it speaks about trading contracts for difference (CFD), which suggests that this service is a broker, not an exchange.

A broker always needs a license in order to operate legally, but Finances Markets clearly is not regulated. So, it seems it is an illegal broker.

Finances Markets review conclusion

Finances Markets is clearly lying, it is not an honest crypto service, stay away from it!

If you want to trade cryptocurrencies with a regulated broker, start on a free demo account and learn.

Don’t forget that in real trading you can have profits, but also losses, so be responsible.

 

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BEWARE of the Zenith Harmonic Pattern Scanner – review https://thebestbinaryoptionsbrokers.net/beware-of-the-zenith-harmonic-pattern-scanner-review https://thebestbinaryoptionsbrokers.net/beware-of-the-zenith-harmonic-pattern-scanner-review#respond Thu, 31 Oct 2019 15:00:14 +0000 https://thebestbinaryoptionsbrokers.net/?p=11719 In this review we explain our negative opinion about the Zenith Harmonic Pattern Scanner for Forex trading.

Zenith Harmonic Pattern Scanner reviewZenith Harmonic Pattern Scanner is an expert advisor (EA) for Metatrader 4. If you buy it for $197 and install it, it will tell you what trades to enter and how to set up your exits.

You allegedly need no experience to profit with this indicator. Its website suggest that it can make you hundreds, if not thousands of pips per month. But what is the truth?

Beware

ScamLet’s start on a general note. You have a trading system that makes hundreds of pips per month, which means that you can become a millionaire within a year. Will you sell this system to anyone for $197 and risk that it will stop working because of too many people using it? Of course not!

And that is the problem we have with all these Forex trading systems that are on the internet. They promise you millions, although often indirectly, and they cost just a few dollars. It makes no sense at all.

People who have a profitable trading system just use it for trading and make money, they don’t sell it to others. This is common sense.

We have been trading financial markets for 13 years and we remain persuaded that it is impossible to make hundreds of pips on a monthly basis. You can have a very good month with such a result, but it is not sustainable in the long run.

The reason is that markets keep changing, they never often the same opportunities over and over again, there are long periods when the price just does nothing and keeps moving in a tight range, which means that you cannot make a lot of pips.

This is why we believe that systems like Zenith Harmonic Pattern Scanner are scams, because they show only pictures with big price movements and they claim that they could capture almost the entire move. They never show you flat price action and losses that every trading system has.

Zenith Harmonic Pattern Scanner review conclusion

We are sure that Zenith Harmonic Pattern Scanner cannot make you hundreds of pips per month or more, this trading system is not telling you the whole truth.

Just try a free trading demo and you will see that markets behavior change, you cannot make the same amount of pips every month. A huge success is to make any profits at all!

No free or cheap system will make you rich, profitable trading is more difficult than that.

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CRUDE SCAM: Airdrop Cash review https://thebestbinaryoptionsbrokers.net/crude-scam-airdrop-cash-review https://thebestbinaryoptionsbrokers.net/crude-scam-airdrop-cash-review#respond Wed, 30 Oct 2019 14:31:20 +0000 https://thebestbinaryoptionsbrokers.net/?p=11714 This AirdropCash exposes a cryptocurrency mining scam that was designed to steal your money.

AirdropCash reviewAirdrop Cash is supposed to be a cryptocurrency mining service. You have to deposit bitcoins to rent the alleged mining power and mine bitcoins and ethers.

All is done automatically, so the whole program is basically reduced to investing and getting daily returns from 7% to 14% net. The question is, is this service genuine, can you really make money with it?

AirdropCash scam

The sad truth is that Airdrop Cash is a scam. It is not doing any cryptocurrency mining, it just runs an illegal scam scheme that takes people’s money.

It is easy to expose, because there absolutely is no way to make 7% or 14% daily net in crypto mining. This would equal to hundreds of percent per month, which in fact is impossible in any legitimate business.

You see, crypto prices are generally in the lower half of their ranges, which makes life of miners difficult. Depending on your electricity cost it could even be impossible to achieve profits right know. For anybody it takes at least months to break even.

So, we can safely say that if in these conditions anybody promises you big profits from crypto mining, they are scammers, there is no other way.

How it works

In reality AirdropCash is not doing any mining at all. It is just an illegal financial game that collects money from people.

It probably tries to run a Ponzi scheme in which some of the deposits are redistributed on first profits, so that people think it works and invest more.

But it doesn’t work, Ponzi scheme always end by collapsing, because they create no values, they just play dirty games with money.

AirdropCash review conclusion

Unfortunately, Airdrop Cash is not a crypto mining service, it is a scam that will lose your money. Stay away from it!

If you want to get involved with cryptocurrencies, start on a free demo trading account and see how it works.

In testing with virtual money you can try everything in a safe way and understand what you need to succeed in real trading and what would be the risks.

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BS SCAM: BSFinance review https://thebestbinaryoptionsbrokers.net/bs-scam-bsfinance-review https://thebestbinaryoptionsbrokers.net/bs-scam-bsfinance-review#respond Tue, 29 Oct 2019 10:01:10 +0000 https://thebestbinaryoptionsbrokers.net/?p=11708 In this review we warn against the investment program BS Finance that is promising huge returns.

BS Finance reviewBSFinance Limited supposedly is a British company that is investing in stocks, currencies and cryptocurrencies. While doing this, it is allegedly making big money, which you can get your share of.

The company offers several investment plans, from 2.1% daily returns up to a whopping 6500% after 90 days. Can you multiply your money 65 times in just three months?

BS Finance scam

The answer is no, you cannot multiply your money 65 times in three months. BSFinance is a total scam. Funnily enough, the name of the company sums it all, it really is Bull*hit Finance.

In fact, no legitimate investment company can make you 2.1% daily, let alone thousands of percent per month. It is just impossible in real financial markets, cryptocurrencies are not an exception to this rule.

Illegal company

BSFinance scamWhile we found BS Finance to be a company registered in the UK, it is not authorized by the Financial Conduct Authority to provide investment service. Which makes it an illegal operation.

People who deposit money with this company cannot benefit from any protection and their money will be lost.

The truth

BSFinance was obviously conceived as a Ponzi scheme. They use deposits made by clients to pay out some profits, but as you can guess, such a system is sure to collapse.

There can never be enough new deposits to cover all the profits withdrawals, which means that BSFinance is going to implode, if it hasn’t already done so.

BSFinance review conclusion

BSFinance is a typical Ponzi scam that you have stay away from, otherwise you are sure to lose money.

If you want to see what genuine financial trading is about, try a free demo account with a regulated broker.

With virtual money you can try everything risk free. If you invest real money, be sure to understand the risks and have a proper strategy.

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OUTRAGEOUS SCAM: Crypto MMM review https://thebestbinaryoptionsbrokers.net/outrageous-scam-crypto-mmm-review https://thebestbinaryoptionsbrokers.net/outrageous-scam-crypto-mmm-review#respond Mon, 28 Oct 2019 15:20:26 +0000 https://thebestbinaryoptionsbrokers.net/?p=11702 This Crypto MMM review is an alert about an old investment scam rising up in a new form.

Crypto MMM reviewCrypto MMM is presented as a “global mutual aid box office” that uses a mathematical mechanism created by Sergey Mavrodi to make money to ordinary people.

The claim is that it can make you 10% returns on your investment every two days. You have to use bitcoins in this. Should you?

Crypto MMM scam

Crypto MMM scamCrypto MMM really is just an outrageous scam. It claims that Sergey Mavrodi was a mathematician genius, while in fact it was one of the biggest financial scammers in history, see for example this article.

To be clear, Mavrodi ran a huge Ponzi scheme, very similar to what Bernie Madoff did. He was taking money from people, playing an illegal financial game and redistributing these deposits on profits.

The problem with these investment schemes is that they don’t generate any real profits, they just play with money that is deposited into the system. Which always and inevitably leads to a total collapse when the scheme runs out of money, when the flow of deposits is too slow or when people want to withdraw their money. Indeed, Mavrodi’s scheme collapsed monumentally.

Crypto MMM is a scam that is playing this dirty game, the so-called innovation here is that it uses cryptocurrencies, namely bitcoin. It makes it even more dangerous, because crypto transactions are irreversible, so it makes it easier for scammers to steal your money. And they are harder to track, too.

So, don’t even consider investing with Crypto MMM, it is an old scam reborn to make even more people cry.

Crypto MMM review conclusion

Mavrodi was a huge scammer, Crypto MMM is a legacy scam that you have to avoid!

If you want to try real crypto trading to make money, start on a free demo account and learn how it works.

Only when you manage to build a profitable strategy and when you understand the risks, you can start trading with real money.

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SCAM WARNING: Real user experience with Bitclub Profit and Binary FX Trade https://thebestbinaryoptionsbrokers.net/scam-warning-real-user-experience-with-bitclub-profit-and-binary-fx-trade https://thebestbinaryoptionsbrokers.net/scam-warning-real-user-experience-with-bitclub-profit-and-binary-fx-trade#comments Mon, 28 Oct 2019 13:35:00 +0000 https://thebestbinaryoptionsbrokers.net/?p=11699 In this genuine review of Bitclubprofit.com and BinaryFXtrade.com you will see why you have to avoid these two investment services.

One of our readers sent us a true story about losing money with Bitclub Profit and Binary FX Trade. The first is an illegal investments scheme, the second one is an unauthorized broker.


Real user experience

I was contacted by Scott Jeff who goes through Instagram as scott_jeff.trade_fx.  He can also be contacted on +1 (678) 861 1578.

He convinced me that he was a legitimate Forex Account Manager and he invests in Bitcoin.

He mentioned that I could start off with a small amount and then after three days I could start my withdrawal.  Which I did, thinking R4600.00 is not too bad, if I lose that I can handle that.

After three days I began my withdrawal process and the nightmare started!  I ended up paying R55K over to Scott Jeff believing that it would be the last fee.  When I receive another fee from the platform demanding R20 K that was it for me.

Stupid me contacted someone else that was following him and she was a Binary Trade expert.  I contacted Betty Roland and I informed her about Scott Jeff and Bitclubprofit.com.  She told me that I must not pay anymore fees.  She will help me…  Betty told me to join her company and that her company is a legitimate company that swore under oath.  I joined her company Binaryfxtrade.com and paid a joining fee of R4600.00.  Betty told me that she would transfer my funds from Bitclubprofit.com to my account.  Which she successfully did according to the e-mail I received from her company.  I started my withdrawal process and only for the nightmare to start all over again.  I had to pay $422 for cost of transfer which I paid.  I then received another e-mail stating the  cost of transfer payment has been received I must please send my bank details.  Which I did….  I then received another e-mail stating that I must pay a fee of 10 % of my total profits.  Once this payment is done it will be credited to my account and my funds will be released.  After paying this then I received and e-mail stating that due to large payouts it might take a while.  I received an e-mail stating that it is in the final stage of the Blockchain and that my withdrawal has been approved.  Only to receive another e-mail saying that I need to do the Crypto conversion.  I had to pay $320 over and that was the last fee.  Betty even in WhatsApp message promised that it was the last fee.  She even gave me her “word”.  The e-mail stated after 4 minutes of receiving the funds my funds will reflect.  I am still waiting and Betty is now asking for another $200 purchase.

Betty contact number is +1 (731) 201 2201.  Her Instagram account is bettyroland170.

I have noticed that they love to say “Trust me” you have my word!

I am a victim and have lost R100 000.00.  I am a complete wreck and have not slept in three weeks.  This has controlled my life these past three weeks.  This was meant to make my life easier and all it has done is made me broke and a complete wreck. They got me in the lowest point of my life. I was trying to make a little quick extra money to help my family.  The more I told them that I will not borrow money from friends and family they tried to convince me to do it.  Luckily I did not do that but all my savings is gone!   I will never be able to forgive myself for what these two people have put me through.

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EXTRA SCAM: Super Crypto review https://thebestbinaryoptionsbrokers.net/extra-scam-super-crypto-review https://thebestbinaryoptionsbrokers.net/extra-scam-super-crypto-review#respond Mon, 28 Oct 2019 09:54:04 +0000 https://thebestbinaryoptionsbrokers.net/?p=11694 In this Super Crypto review we expose a dangerous investment crypto fraudulent scheme.

Super Crypto reviewSuperCrypto claims to be in existence since 2007. It allegedly is an investment service that will grow your bitcoins. All they ask you to do is to deposit your bitcoins with this service and they will take care of the rest.

You are supposed to expect up to 67% daily returns thanks to the 6000% after 90 days plan. Is something like this possible?

Super Crypto scam

Super Crypto scamCryptocurrencies have had their wild days, but no, 67% daily is no real, not even 10% per day, unfortunately.

Super Crypto is a dirty scam that will just steal your bitcoins and that’s it. This Super Crypto review conclusion might seem premature to you, but it really is as easy as that, these kinds of returns are absolutely impossible.

So, when any service is offering tens or more percent per day, you know for sure that it is a scam.

Illegal service

Super Crypto testimonialAnother thing worth noticing in this Super Crypto review is that it is an illegal investment service. The company is registered in the UK, yes, but it is not authorized to provide investment services.

You see, a tax registration is just a formality that does not entitle you to provide financial services. You need a license from the Financial Conduct Authority, and Super Crypto does not have it, check our picture.

It makes it a completely illegal investment service that can be shut down by authorities any time.

And it certainly is not running since 2007, because as you can see on our picture, the company exists only since 2019. So, another lie, another proof that Super Crypto is a scam.

Super Crypto review conclusion

Super Crypto is a typical investment scam that is using cryptocurrencies just to hide and steal money, stay away from it!

If you want to try genuine crypto trading, do it on a free demo with a regulated broker. Use virtual money so that you don’t risk anything.

If one day you decide to invest real money, be careful and understand the risks.

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