TBBOB https://thebestbinaryoptionsbrokers.net Fighting online scams since 2013 Thu, 27 Feb 2020 17:19:41 +0000 en-US hourly 1 https://wordpress.org/?v=5.3.2 https://thebestbinaryoptionsbrokers.net/wp-content/uploads/2020/02/cropped-logo_300-32x32.jpg TBBOB https://thebestbinaryoptionsbrokers.net 32 32 Bitcoin Champion review – BEWARE, it’s a scam, we show proofs https://thebestbinaryoptionsbrokers.net/bitcoin-champion-review https://thebestbinaryoptionsbrokers.net/bitcoin-champion-review#respond Thu, 27 Feb 2020 15:56:04 +0000 https://thebestbinaryoptionsbrokers.net/?p=12146 In this review we ask if Bitcoin Champion is legit. Our verdict is that it is not legit, it is a con and we prove it.

We tested Bitcoin Champion and our analysis shows what this system really is, how it works, that it is not legitimate and what you can do if you already got scammed.

What is Bitcoin Champion

Bitcoin Champion is a group of cryptocurrency traders. This group is trading mainly with the oldest and biggest cryptocurrency bitcoin.

It also is a trading app that will trade crypto markets automatically for anybody. It means that it will decide when to open trades, when to close them and it will execute these decisions on autopilot.

Main alleged features of the Bitcoin Champion app are:

  • it has an accuracy of 99.4 %, which means that it wins almost every trade it takes
  • it is very quick, it has an advantage of 0.01 seconds over other trading solutions
  • you need just a few minutes per day to make it work
  • it has won numerous awards, it is the nr. 1 trading app according to the US Trading Association

Thanks to all these features it is supposed to make you thousands of dollars per day and make you a millionaire pretty soon. For free, because you don’t have to pay anything to become a member of this group. Does it sound real?

How to register for Bitcoin Champion

To register for Bitcoin Champion you have to fill-in the registration form on its website. You have to provide your name, e-mail address and phone number.

In the next an account will be automatically created for you with your username and password. This way you will get access to the Bitcoin Champion platform. But trust us, you don’t want it.

Is Bitcoin Champion legit?

No, Bitcoin Champion is not legit, unfortunately. Everything that is said on the website of this system is fake.

Even the bitcoin price it shows is wrong. This system won’t and cannot make you any money, because in fact it is not a real crypto trading system.

The Bitcoin Champion scam

Bitcoin Champion is a scam, it is a fact. And we will prove it in this review. We have reviewed more than a thousand fraudulent programs and we know when we see one.

Copied scam

It all started a few years ago with Bitcoin Code, which was the first major and “successful” scam that was abusing the popularity wave of cryptocurrencies. Since then countless copies were created, one of them is Bitcoin Champion.

As you can see on the picture below, many frauds use the exact same concept, the same website, and even the same video. For example: Bitcoin Trader, Bitcoin Era and Bitcoin Future. They all are the same!

Many people have fallen for these scams, they have a lot of victims who lost a lot of money. We have heard many complaints from real users, and we know for sure that this Bitcoin Champion system loses money.

Bitcoin Champion scam

Fake testimonials

Another proof that Bitcoin Champion is a scam is in the testimonials you will find on its website. There are stories of four people who have allegedly earned thousands of dollars with this trading app, you can even see their pictures.

The problem is that these pictures are stock photos, as you can see below. These people are not real traders, let alone Bitcoin Champion users!

Is Bitcoin Champion legit?

Fake trading results

Bitcoin Champion is supposed to win almost every trade it takes. This statement corresponds with the live table with trading results you can see on its website. But again, it is fake.

How do we know it? Because it shows trading pairs that no broker offers, they don’t exist. Besides, it is impossible to win nearly every trade in crypto trading. Trust us, we are traders and we know this for sure.

In fact, any trading system that promises you a 90% + winning rate with a reasonable risk to reward ratio is certain to be a scam.

Bitcoin Champion is not profitable

It is an illegal service

One important thing to know when you consider trading systems like Bitcoin Champion is that automated apps are classified as investment services.

This is because these apps make and execute trading decisions on your behalf. Therefore, they are subject to regulation. Basically, everything that is supposed to interact with your money has to be authorized by financial regulators.

Is Bitcoin Champion regulated? No, not at all. In fact, it is an anonymous software, you won’t even be able to find out who is running it, who is behind it. This makes it an illegal investment service.

And this is important, because with unlicensed services your money is not protected and can disappear at any time. You can be sure that with this system it will.

The Bitcoin Champion App

How does the Bitcoin Champion app work? Well, it might be a surprise for you, but there is no Bitcoin Champion app.

This system is just a funnel that will forward you to a dirty broker that will give you access to its trading platform, but there is nothing special about it. It cannot trade automatically for you, let alone profitably.

Bitcoin Champion Demo

At the time of our Bitcoin Champion test there was no trading app, as we mentioned above. However, this might change over time and there is an important thing we want to draw your attention to.

When scams like this one give you access to special trading apps, the often have a demo mode. But the demo mode is rigged, it uses fake prices to generate fake profits that won’t happen in real trading.

You have to realize it and don’t let them fool you with these tricks and traps. Because their results from testing can never be replicated in real trading!

Is Bitcoin Champion safe?

No, Bitcoin Champion is not safe. In fact, it is dangerous. Because it is a system that was designed to steal your money. It will do the exact opposite of what it promises.

Instead of earning you profits, it will take your money and make it disappear. And then you will have a hard time trying to recover it.

Bitcoin Champion in the media

Scams like Bitcoin Champion like to brag about articles in media that mentioned them. Sometimes they go as far as claiming they featured on TV shows, which is never true.

They will even take real photos from real shows, make up stories about their scam being there and publish all this in fake articles!

Dragons’ Den

One of the favorite lies of Bitcoin Champion is that it was discussed in one of the episodes of the Dragons’ Den, which is a TV show in the UK about business ideas.

Just to be clear, it is not true, this scam has never been on TV.

Shark Tank

Shark Tank is a similar TV show in Australia and scammers like to make their fraudulent programs like Bitcoin Champion look local.

So, they will say that you could have seen their system in one of the Shark Tank episodes, but again, it is fake.

Mirror

The Daily Mirror is one of the journals that is often abused by scammers, they create fake websites that look like Mirror Online and publish positive articles about Bitcoin Champion, so be careful and don’t trust them!

Celebrity Endorsements

One of the dirty tricks that scams like Bitcoin Champion like to use are fake endorsements from famous people, like Bill Gates for example. So far, we have noticed a few of them.

Elon Musk

The founder of Tesla – Elon Musk, is often abused by bitcoin scams. Fraudsters use Musk’s photos on their website and claim he endorses Bitcoin Champion, but it is fake. Musk has nothing to do with it.

Richard Branson

Richard Branson is making money with Bitcoin Champion – this is a statement you will be able to find on many bitcoin scams’ website. But it is a lie in this case too, Branson has nothing in common with Bitcoin Champion.

Where is Bitcoin Champion available?

During our Bitcoin Champion tests and analysis we noticed that it is active mainly in the UK and Australia and possibly the US. But it really will target anyone who speaks English.

And it probably will be translated in other languages too, this type of scam spreads worldwide.

How does Bitcoin Champion work?

Now that we have explained that it is a scam, let us also explain how it really works. They told you that you can get access to the system for free, so you might think that you have nothing to lose in trying it. But you would be terribly wrong!

As we have already mentioned, the Bitcoin Champion App might offer you a demo mode which will generate fake profits. This and everything else is designed to convince you that the system is profitable.

Because if you believe it is, you will want to make real money with it.

And here is the trap: they will tell you that you have to deposit money with a broker they have chosen for you, otherwise you won’t be allowed to use the software. The minimum deposit will be 250 US dollars.

The broker they will refer you to will not be regulated, it will be very shady, like Markets Pilot. They will create an account with your name with this broker without even asking you! They will forward you directly to the deposit page and they will want your money.

Since you read our Bitcoin Champion review up to this point, you can now probably guess that if you send them your money, it will be game over. It will quickly disappear from your trading account. They will claim you lost it in trading, but in reality, they will keep it for themselves.

All you can expect are more calls for more deposits, but they will never earn you anything, they won’t even let you withdraw your deposit back.

How to stay safe

It is quite simple, you should not even register for Bitcoin Champion. Don’t provide them your personal information, there is a risk they would abuse it. They would call you and push to deposit money.

If you have already registered, certainly don’t deposit any money, don’t provide them your credit card information, don’t give them remote access to your computer. You are dealing with con men, so you have to be very careful.

The FINRA also provides some information about how to avoid investment scams in the following video.

Got scammed by Bitcoin Champion, what to do?

If it went this far, let us first say that we are sorry for what happened to you, it means that you found our review a little bit late.

If you got scammed by Bitcoin Champion, here is what you can do:

  1. Find out who you sent your money to. Sometimes it can be confusing, but Bitcoin Champion is not a real entity, you probably sent your money to a broker.
  2. Contact that broker and say you want your money back, ask for a withdrawal.
  3. If the broker refuses to cooperate, say you will report it to authorities and ask for a chargeback.
  4. If it doesn’t help, do it and try to reverse your deposit transaction. If you deposited with a credit card, you can ask your bank for a chargeback. If the transaction went through a payment provider, contact that payment provider with the same request.
  5. The worst-case scenario is if you sent the money with a bank wire, because these transactions are very hard to reverse. Consult your bank.
  6. If everything fails, ask the national financial regulator in your country for advice, they should be able to provide some guidance on the next steps.
  7. Please share this review on social media to help warn other people.

In any case you should also ask everybody who you provided your personal information to in relation to Bitcoin Champion to delete it. It will be hard, since you will be dealing with scammers, but it always is worth trying.

Bitcoin Champion review verdict

Bitcoin Champion is a scam, there is no doubt about it. It was made to make you believe it can earn you money, but it can’t. Its true purpose is to take your money and enrich scammers who run it. Our recommendation is to stay away from it!

If you are interested in making money in cryptocurrency trading, get a free demo account with a regulated broker and start experimenting. You will have virtual money to test everything risk free.

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

Please help us to warn other people about this Bitcoin Champion scam by sharing our review on social media.

Frequently Asked Questions

Is Bitcoin Champion a scam, a con?

Yes, Bitcoin Champion is a scam. It is full of fake information and its only purpose is to get your money.

Does Bitcoin Champion really work?

No, Bitcoin Champion does not work, because it is a fraudulent system that cannot trade cryptocurrencies profitably.

How to join Bitcoin Champion?

You can join Bitcoin Champion just by filling the form on its webpage. But don’t do it, don’t give your personal information nor money to scammers.

Is Bitcoin Champion really profitable?

No, Bitcoin Champion is not profitable at all. In fact, it is losing money, people are reporting complete losses of their trading capital.

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The Infinity App review – proofs that it is a CRAZY SCAM https://thebestbinaryoptionsbrokers.net/crazy-scam-the-infinity-app-review https://thebestbinaryoptionsbrokers.net/crazy-scam-the-infinity-app-review#comments Mon, 24 Feb 2020 08:08:10 +0000 https://thebestbinaryoptionsbrokers.net/?p=4725 In our review, you will learn all the details about the Infinity App scam of Mark Stevenson and see how to protect yourself in order not to get scammed.

What Infinity App is about

Mark Stevenson says he is a former NASA engineer, which gives him a solid background for creating reliable things. At least that is what he wants you to think.

He created a trading software for financial markets called The Infinity App System. This system will trade automatically for you, which means that you don’t have to understand the market in order to be able to use it.

The offer

Stevenson says he is looking for beta testers for his Infinity App software so that he can verify it is working properly and that it is profitable.

Although he claims to already be sure that it is working properly, and he promises that you will make thousands of dollars per day with his system since day one.

The price

Perhaps the strangest thing about this program is that it doesn’t cost anything. You can get access to it for free. All you have to do is to register. It looks very simple.

How to register for the Infinity App

The registration process for the Infinity App is quite simple. You will provide your name, email and phone number.

An account will be created for you. You will be able to log into your account using your name and password and start using the system.

What you are supposed to expect

Stevenson wants you to believe that right after you start using his Infinity App System you will start earning money in a passive way.

You will just switch on the software and wait for thousands of dollars to come in every day. So, you are supposed to expect a residual passive income that will cost you nothing to start.

Is the Infinity App scam or legit?

Unfortunately, The Infinity App System is a total scam. Not only it won’t deliver on its promises, which means that it won’t make you any money, but it will also be even worse, it will lose your money!

The Infinity App scam

We won’t just claim that the Infinity App is fraudulent, we will also prove it. This way you will be one hundred percent sure that you have to avoid this program in order not to lose money.

Proofs

Mark Stevenson is a scammer

Stevenson is a fictitious character played by an actor. There is no NASA engineer of this name who trades binary options.

The actor who plays Stevenson’s role is a well-known scammer who played also in the Trianasoft and Amissio Formula scams. Back then he used the name David Campbell. You will find the proof on the following picture.

The presence of this guy alone guarantees that The Infinity App is a scam.Mark Stevenson is a scammer

 

Infinity App trading results

In the Infinity App video, Stevenson shows some alleged trading results of his system. But they are all fake.

Look at the picture, on the left you will see that the account statement is totally fake. The dates of trades are from 2017, but expiries show 2016. So, the statement has been clearly edited.

On the right, you will see a screenshot from the video showing that scammers were in the editing mode when showing you their screens.Trading results

Testimonials

All the people you can see in the Infinity App video are paid actors, all the testimonials are fake.

You just cannot open a binary options trading account, deposit and withdraw, all within the same day. You have to go through identity verification, so it takes more time.

We have heard from many real users of this system and they all confirmed to us that they lost money with it. In other words, real testimonials confirm that it is a scam that cannot do anything good for you.

Trading software test

And last but not least, the software offered by Stevenson is a well-known app made by scammers. Look at the picture to see examples of other scams using this same app, like Step2Wealth, Hexa Trader or Cognitrader. See for yourself.

We are getting a lot of feedback about the software used by The Infinity App and it is negative because this program is losing money!
Infinity App System

Illegal service

One thing you always have to look at when reviewing a trading or financial software is if it is legitimate and if it is law-abiding so that you know that you will have at least some protection.

Unfortunately, the Infinity App doesn’t check this box, it is an illegal service.

Regulation

Investment and financial services are regulated in some way in every country in the world. Most countries are very strict about what these services must and can do.

Since the Infinity App system is made to trade financial markets on your behalf, it clearly is an investment service. It means that it has to have an authorization from financial regulators in order to be legal.

But it has no authorization whatsoever, it is not regulated, it is illegal, which is another big red flag.

How the fraud works

This fraud was designed in a very simple way. These scammers want your money. How dot they get it, how do they manage to persuade you that you should send them your money?

Enter the Infinity App System – a fairy tale about how a free system will make you tons of money on autopilot!

Here is the catch: When you sign up for this program, you will immediately be forwarded to an unregulated and shady broker, they will ask you to deposit your own money. As you can see, the program is not free.

They will tell you that they won’t let you start using the program until you deposit money with a broker of their choice. And this is it, if you send them your money, it will be over, it will be extremely hard to get it back.

The broker will use all sorts of tricks and lies to explain why you cannot withdraw anything and why you should deposit even more money. But they will never earn you anything, they will keep all the money you send them and pretend it was lost in trading.

They have no real trading system, no real trading strategy, heck, even the broker will not be legit. All was set up just to collect money from people and keep it.

How to protect yourself against the Infinity App

In order to stay safe, there are two important things you should do when it comes to this program.

1. Don’t send them money

There is a very simple rule, if you don’t send your money to these fraudsters, the Infinity App won’t be able to scam you and you won’t lose anything. So, don’t send them anything, don’t give them your credit card number, don’t give them remote access to your computer. They just mustn’t get access to your money.

2. Don’t reveal your identity

Your personal data are as important as your money. So, don’t even sign up for Infinity App, don’t give them any of your personal information like your name, address, e-mail or phone number. This way you will ensure that your identity is not abused by these crooks.

Beware, if you see any positive reviews of the Infinity App system, they are fake. Scammers publish their own reviews of their fraudulent programs and they also have cooperating websites that will publish fake articles and promote their scams for money!

Got scammed by The Infinity App, what to do?

If you got scammed by the Infinity App, first of all, let us say that we are very sorry for what happened. You obviously discovered our review a little bit late. But there still might be a chance to recover your money.

  • Start by finding out how and where did you send your money. It means remembering what method you used to deposit money (credit card, e-wallet, bank wire) and who was the recipient (probably a broker). Because as we explained earlier, these scams cooperate with different brokers, they don’t get your money directly.
  • Contact the broker who you sent your money to and ask for a withdrawal of your deposit. If the broker refuses, say you will do a chargeback on the deposit transaction and that you will report everything to authorities. If it doesn’t help, proceed to the next step.
  • Try to chargeback your transactions. Contact the payment processor who facilitated the transaction. It can be the issuer of your credit/debit card (typically your bank), support of your e-wallet (PayPal, Skrill, etc.) or any other company that your payment went through. Explain to them that you got scammed and ask them to reverse the deposit transaction.
  • If you made your deposit with a bank wire, it is the worst-case scenario, because these transactions are very hard to reverse. You can always ask your bank for help. But most likely you will have to report to authorities in your country. First, contact your national financial regulator and ask for advice.

How to delete the Infinity App account

Money is one thing, but it as we already mentioned earlier, personal data is also very important. Therefore, you should contact the Infinity App support and ask them to delete your account and do the same with the broker you sent your money to.

If your request(s) fail, you should ask yourself what personal information you revealed to these fraudsters and what are the risks. This is a question you will have to answer yourself.

If they have only your name, e-mail address, and phone number, it is not good, but probably the worst thing you can expect is to get unsolicited e-mails and calls from them.

If you sent them copies of ID card and/or passport, if you gave them your credit card details, maybe you should consider getting new documents, blocking your card and get a new one. We cannot assess the risks for you, you have to do it and take the necessary steps.

How to protect yourself against similar scams

There are thousands of scams like The Infinity App system and they all operate in the same way. They always promise easy and free money for doing nothing, which in itself is of course totally absurd.

How to spot a scam

There is this old but true saying: If it is too good to be true, it probably is. This very much applies to investment programs.

If any program:

  • Promises you great earnings quickly
  • Says you have nothing to do or learn
  • Claims there are no risks
  • In the end ask you to deposit your money first

Then you can be sure it is a scam. Money is not and cannot be free. Use common sense and stay safe. If a program promises something that would mean that nobody has to work, you know that it is not possible. The SEC provides more detailed information.

Stay away

Remember that if you don’t send any money and if you don’t give them your payment card details, you cannot lose money. It is as simple as that. So, always think twice before sending money to an investment program.

The Infinity App review conclusion

We have proved that the Infinity App system is a horrible scam that was designed to get your money and keep it. It cannot earn you anything, it can only cause you losses. Stay away from it!

If you are interested in legitimate trading and want to try to make money in it, start with a free demo account with a regulated broker and see how it really works.

Test everything risk-free with virtual money and see if you manage to build a profitable strategy. Before potentially investing real money, you have to understand the risks.

Since there are many fake reviews out there, PLEASE consider sharing our article on social media to help warn as many people as possible about this scam and save their money.
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HORRENDOUS SCAM: Crypto-Omega review https://thebestbinaryoptionsbrokers.net/horrendous-scam-crypto-omega-review https://thebestbinaryoptionsbrokers.net/horrendous-scam-crypto-omega-review#respond Wed, 19 Feb 2020 15:13:44 +0000 https://thebestbinaryoptionsbrokers.net/?p=12100 This review is a warning against the Crypto Omega scam that promises to do double your money every day.

Crypto Omega is a little bit mysterious, because it says it can double your money every day, but it doesn’t say how.

There are some hints that it supposedly is a lending platform, so it generates profits that way. But is it possible?

Crypto Omega scam

Unfortunately, Crypto-Omega is a just a scam. How can we be so sure about that? Because no legit business can double money every day. Be it lending or anything else. Can you imagine borrowing money and having to pay an interest rate of 100% per day? Nobody would borrow in these conditions.

Crypto-Omega is just one of those doublers that disappear as quickly as they appear. It runs as an illegal pyramidal financial game where profits are taken from new deposits.

Such a game can only last for a few days before it runs out of money and stalls. There is no way for it to avoid a total collapse, it is just a matter of time.

Illegal investment program

Crypto-Omega scamAny investment program needs a valid license from a financial regulator in every country it wants to have customers in. Crypto Omega is not regulated at all, therefore it is one hundred percent illegal. You can verify it with the national financial regulator in your country.

Crypto-Omega claims to be registered in the United Kingdom, but it is not. The registration number it shows on its website belongs to a totally different company that has nothing in common with this investment scam. See our picture with the proof.

Crypto-Omega review conclusion

Crypto Omega is a terrible scam that can only lose your money. You have to stay away from it!

If you want to try legitimate investing, get a free demo account with a regulated broker and see how it works.

You will be able to practice with virtual money to see if you can trade profitable. You can trade with real money only when you fully understand the risks.

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TOUGH SCAM: FundSuperior review https://thebestbinaryoptionsbrokers.net/tough-scam-fundsuperior-review https://thebestbinaryoptionsbrokers.net/tough-scam-fundsuperior-review#respond Tue, 18 Feb 2020 16:28:49 +0000 https://thebestbinaryoptionsbrokers.net/?p=12093 This FundSuperior review provides you with details about this investment scam.

Fund Superior claims to be an investment company that deals with cryptocurrencies. Allegedly experienced traders are making money in trading and allow the general public to invest with them.

Currently there are nine investment plans that anybody can sign up for with returns from 150% in a day to 3000% after 20 days. Can you believe them?

Fund Superior scam

Scam investment plansWell, no, you cannot believe FD Superior and this investment scheme. We always like to start our reviews with basics, so let us explain why FundSuperior is a total scam.

You don’t have to study all the investment plans, let’s have a look at the simplest one. 150% per day. It doesn’t mater whether it is 150% or 50% per day, because both these numbers are absolutely unreal.

Nobody and no trading system can make thousands of percent per month, this is just a fact that you have to accept, it will help you to avoid many scams. That being said, Fund Superior has to be a scam, because it promises things that are not possible.

Illegal investment scheme

Not authorizedFD Superior proudly shows a company registration certificate from the UK. While a company with this name really is registered, it is only a tax registration, not an authorization to conduct business.

Every investment company doing business in the UK needs a license from the Financial Conduct Authority. And as you can see on our picture, Fund Superior is not authorized by the FCA, therefore it is an illegal business.

How it works

What is the true way of doing things of FundSuperior? It is a Ponzi scheme. It means that people deposit money in the system and the operators will take this money and use it to pay out some profits. You surely can see the major flaw of such a scheme, since no real profits are generated, the system can run only as long as more money is deposited than withdrawn.

In reality all Ponzi scheme die sooner or later, because they are unsustainable. And the same thing will happen to Fund Superior, it will collapse, and money will disappear.

Conclusion

Fund Superior is an investment scam, an illegal financial game. Stay away from it!

If you want to try legitimate investing, start on a free demo with a regulated broker and learn.

You have to learn trading and understand the risks before investing real money.

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NASTY SCAM: Market Robo review https://thebestbinaryoptionsbrokers.net/nasty-scam-market-robo-review https://thebestbinaryoptionsbrokers.net/nasty-scam-market-robo-review#respond Mon, 17 Feb 2020 16:15:32 +0000 https://thebestbinaryoptionsbrokers.net/?p=12080 This MarketRobo review exposes a huge investment scam that you have to avoid.

MarketRobo promises to make you money in crypto trading. It allegedly will do arbitrages, which is taking advantage of price differences between crypto exchanges.

You supposedly can make up to 2% daily returns on your investment thanks to this software. Everything is done automatically, so you just have to switch the robot on. But do you really?

Market Robo is a scam

Unfortunately, MarketRobo is a fraudulent program that is sure to lose money. The worst thing is that it is not even trading cryptocurrencies!

Doesn’t understand trading

This is not arbitrage tradingWhoever put together the MarketRobo software does not really understand arbitrage trading. Because if they did, they would not show you supposed trading opportunities that would lose money.

Take a look at our picture, the robot suggested trades with OMG and XMR, while buying them at a higher price and selling them at a lower price, which is a sure loss.

So, it is doing the opposite of what it is supposed to trade. But these differences in prices would not be profitable even when traded the opposite direction, because transaction fees would make you lose money in the end.

Crazy investment plans

Investment plans are a scamYou don’t really need to understand cryptocurrencies or financial trading to see that MarketRobo is a scam. Because it promises 2% daily returns on investment, which is 60% monthly.

Everybody should know that 60% monthly is not possible in any legitimate business. You can be sure that when an anonymous and unlicensed program offers you this kind of returns that it is a scam.

Illegal and not endorsed

Fake awards and endorsementsOn the website of Market Robo you will find logos of media like Yahoo or Investing.com. Also, the software supposedly is trusted by the regulator CySEC from Cyprus.

But it is not true. MarketRobo has not positive reviews and it is not approved by regulators. In fact, it is an illegal investment service. Your money would be at great risk with such a dark system.

Also, the video testimonials that are on the YouTube channel of the program are fake, they are made with paid actors.

A truly illegal scheme

Market Robo is not doing any real cryptocurrency trading. It is just collecting money from people and running and illegal financial game.

We assume that it will use some of the deposits to payout withdrawals, but since no real profits are achieved, it will quickly run out of money and collapse. Don’t put your money into it.

MarketRobo review conclusion

Market Robo is a horrible scam, we proved that in our review. You have to stay away from it in order not to lose money.

For cryptocurrency trading always use regulated brokers and start with virtual money on a free demo account so that you can learn risk free.

Only when you have a proper strategy and an understanding of the risks associated with real trading, you can start investing your own money.

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BIG SCAM: Conomi review https://thebestbinaryoptionsbrokers.net/big-scam-conomi-review https://thebestbinaryoptionsbrokers.net/big-scam-conomi-review#respond Thu, 13 Feb 2020 13:32:24 +0000 https://thebestbinaryoptionsbrokers.net/?p=12071 This review reveals that the Conomi cryptocurrency is a scam that you should not get involved with.

Conomi is presented as a new cryptocurrency that is designed for e-commerce. It is focused on providing a seamless way to transact between global buyers and sellers.

One of the main features of Conomi is that you allegedly can make money just by owning and staking the token CMO. There are several investment plans with returns ranging from 7% to 13%. Probably daily? Details are missing.

So, you are supposed the buy the Conomi cryptocurrency and wait for the profits to come. Does it work that way?

Conomi scam

Unfortunately, Conomi is a fake cryptocurrency and a scam. There are several proofs and we are going to present some of them in this review.

Fake cryptocurrency

Fake cryptoWhen you take a look at the roadmap on Conomi’s website, they claim that the CMO token is already listed on the following exchanges: Coinex, HitBTC Bittrex and Cucoin. But it is not true!

You can check Coinmarketcap.com and search for Conomi or CMO. You will find nothing, not a single exchange has listed it, it is a fake cryptocurrency that probably exists only on paper.

Fake team

Fake project teamWhen you continue reading the Conomi’s website, you will see the project team, which consists of eight people. But again, the team is fake.

Just look at the CEO Patrick O’Brian. The real name of the man on the photo is Tim Demetriou and he has nothing to do with Conomi, his photo was stolen!

No partners

No partnersThe Conomi ecosystem allegedly already includes several partners, such as Bukalapak, Jakmall, Mullberry or Blibli. But it is not true!

These companies have nothing in common with Conomi or the CMO cryptocurrency. They are listed on the website without even knowing about it!

How it really works

Conomi obviously is a scam, and it all evolves around the investment plans. They will make you pay with real money for their fake token CMO. They will keep your money and leave you with a fake cryptocurrency that has no value and that can’t be sold on any exchange.

It is as simple as that. Maybe they are running a Ponzi scheme and will pay out some profits during the first days, weeks or possibly even months. But because no real values are created, no real business is going on, it is doomed to collapse like many other crypto scams of this kind did.

Review conclusion

Conomi is a scam, CMO is a fake cryptocurrency. Stay away from it, because it is sure to collapse monumentally.

If you want to trade with real cryptocurrencies, start on a free demo account and practice.

You have to understand trading, the risks and have a god strategy before investing real money.

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DON’T USE THIS BROKER: Nekstra review https://thebestbinaryoptionsbrokers.net/dont-use-this-broker-nekstra-review https://thebestbinaryoptionsbrokers.net/dont-use-this-broker-nekstra-review#respond Wed, 12 Feb 2020 15:21:00 +0000 https://thebestbinaryoptionsbrokers.net/?p=12064 In this review we explain why Nekstra is a broker that you should not trade with.

About Nekstra

Nekstra reviewAt first sight Nekstra is an ordinary CFD (contract for difference) broker. It will let you trade currency pairs on Forex, commodities, indices and stocks.

To open a real account you will need at least 250 USD. You will get a 20% deposit bonus. Higher accounts require higher minimum deposits and come with higher bonuses and trading signals. It is unclear if Nekstra offers a demo account, we could not find the link to open one.

The broker is owned by Plus One Ltd., which is a company from Saint Vincent and the Grenadines.

Beware of Nekstra

There are several red flags that you should be aware of. They give you good reasons not trade with Nekstra.

More or less anonymous

Contact informationA broker based in Saint Vincent and the Grenadines is unfortunately a bad sign. This broker gives you just an e-mail address and a P.O. box if you want to contact it. You won’t even find a phone number!

A lot of scam brokers are based in Saint Vincent and the Grenadines, at least they claim so. We suspect they physically are never present there, they just hire a postal address and hide elsewhere.

So, as we cannot really tell who really owns and run the broker, it is a red flag that cannot be ignored.

Also, deposit bonuses offered by a broker are also a red flag, since they have been forbidden in most countries for quite a while now.

Illegal investment service

The company is not regulatedThe vast majority of countries in the world require brokers to be regulated. It means that a broker needs a license valid in every country it wants to have clients in.

What about Nekstra? It is not regulated, it has no license whatsoever. It means that it cannot legally offer it services in almost any country in the world!

It also means that nobody is overseeing what the broker is doing and clients’ deposits are not insured, unlike with regulated brokers.

Last but not least, if you run into problems with Nekstra, it will be extremely hard to find somebody who could help you, since no regulator has powers over this company. The broker can basically disappear from one day to another and nobody will know what really happened.

Conclusion

Nekstra is a broker that is not regulated, it cannot legally offer it services in most countries in the world. Your money would not be protected with this company, stay away from it!

For trading you should always used only regulated brokers that are under control of independent authorities.

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DESPICABLE SCAM: Bitcoin Fast Profit review https://thebestbinaryoptionsbrokers.net/despicable-scam-bitcoin-fast-profit-review https://thebestbinaryoptionsbrokers.net/despicable-scam-bitcoin-fast-profit-review#respond Mon, 10 Feb 2020 15:05:09 +0000 https://thebestbinaryoptionsbrokers.net/?p=12050 Today we review yet another cryptocurrency trading scam called Bitcoin Fast Profit. See why you want to avoid this program.

They say Bitcoin Fast Profit will trade cryptocurrencies for you and they say it will do it for free. What really catches attention is that it allegedly will produce $13,000 in daily profits, because it would make you a millionaire in no time.

But is such a scenario realistic, what is this really about?

Bitcoin Fast Profit is a scam

We believe you guessed it already, Bitcoin Fast Profit is unfortunately just a scam that won’t earn you anything. In fact, it will do the opposite, it will make you lose money.

Because it is a simple copy of scams like Bitcoin Code, Bitcoin Loophole or Bitcoin System. The presentation is basically the same and the end result is exactly the same. Meaning a huge loss to everybody who uses it.

Fake Bitcoin Fast Profit testimonials

Testimonials are not realOne undeniable proof that Bitcoin Fast Profit is a scam can be found in the video that explains this program. There are three people – alleged users – who say they have earned money with it.

But as you can see on our picture, these people are just paid actors who have not used the software, moreover they also acted in other investment scams, they are infamous for that.

The truth

The system is a scamThe truth about Bitcoin Fast Profit is that it will make money, but not to you, to scammers who run it. Because they are doing it for the money they can get from dirty brokers.

It works like this: when you sign up for their program, they will forward you to an unregulated broker they have a deal with. They will get paid for every user that deposits money with the broker and loses it.

So, you can be sure both the scammers from Bitcoin Fast Profit and the broker will do everything they can to keep your money and not pay you anything. This is the sad truth.

Bitcoin Fast Profit review conclusion

We are sure that Bitcoin Fast Profit is a scam, you have to stay away from it in order not to lose money!

If you want to trade cryptocurrencies to make money, start learning on a demo account with a regulated broker.

And don’t start trading with real money until you understand the risks and have a good strategy.

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POOR SCAM: Invexpert review https://thebestbinaryoptionsbrokers.net/poor-scam-invexpert-review https://thebestbinaryoptionsbrokers.net/poor-scam-invexpert-review#respond Fri, 07 Feb 2020 15:14:32 +0000 https://thebestbinaryoptionsbrokers.net/?p=12044 Be sure to read this Inv Expert review because it will help you to understand the ins and outs of this scam.

Invexpert claims to be a company that invests money in startups, in other words in new companies that are bringing new technologies and solutions to the market.

This investment activity allegedly generates unprecedented profits and you can get a slice of it. There are several investment plans for the public with up to 3000% monthly returns. Can you believe them?

Invexpert scam

Investment scamOf course, you cannot believe investment plans that promise to multiply your investment capital 30 times in just one month. 3000% per month per se is a proof that Invexpert is a scam.

In the real world no legitimate investment program will make 3000% in a year, let alone in a month, because it is just impossible. You can have a cryptocurrency that will spike in one month 30 times, but you cannot know which one and when. And it won’t repeat for a long time.

Meanwhile Invexpert is promising a 30x every month, which is ridiculous and impossible.

Illegal investment opportunity

Company testimonialInv Expert is showing a company registration certificate issued in the UK. While it is true that a company of this name is registered in the UK, it is only for tax purposes and it doesn’t say anything about the activities of the company.

The important part is that any investment company in the UK needs a license from the Financial Conduct Authority. And guess what, Invexpert is not licensed at all, check our picture for a proof.

How it works

Invexpert obviously is a Ponzi scam. A pyramidal game with money that sucks up money with deposits and may do some payouts to attract even more deposits, but since there is no real business activity going on, it is doomed to collapse sooner rather than later.

This is why you should not touch investment programs like this one even with a ten foot pole.

Review conclusion

Invexpert is a total scam, it couldn’t be more obvious, avoid it like the plague!

If you want to try to make money investing, open a free demo account with a regulated broker and use virtual money to learn.

You have to learn to trade profitably and understand the risks of real investing before using your own money.

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HILARIOUS SCAM: Bitcoin Victory review https://thebestbinaryoptionsbrokers.net/hilarious-scam-bitcoin-victory-review https://thebestbinaryoptionsbrokers.net/hilarious-scam-bitcoin-victory-review#respond Wed, 05 Feb 2020 15:13:22 +0000 https://thebestbinaryoptionsbrokers.net/?p=12031 Read our Bitcoin Victory review to understand that you absolutely have to stay away from this investment program.

Bitcoin Victory promises to make you $1500 per day or more for free. How? It will trade the cryptocurrency bitcoin for you.

And you don’t have anything to learn, because it works on autopilot and it supposedly wins 99% of all trades it takes. Does it sound too good to be true? Well, it’s because it is…

Bitcoin Victory scam

It is a scamEverybody should immediately smell a scam when they are offered free money. Especially like in this case where you are supposed to get tens of thousands of dollars per month for nothing.

Because should it be possible to get that much money for doing nothing, why would anybody be working at all?

The truth is that scammers are ready to abuse anything that is popular. Cryptocurrencies have shown in the past that they can dramatically rise in value, so scammers are pretending to know how to trade them and they use this lie to scam others.

Bitcoin Victory testimonials

The testimonials are not realOur Bitcoin Victory review would not be complete without an undisputable proof. So, here it is, the key is in the testimonials.

Here is where this scam got hilarious, fraudsters have used a stock photo of a man and paired it with a testimonial of a woman. As you can see on our picture, they are not even paying attention to what they do when they are faking their testimonials.

The truth

Finally, we have to explain how scams like Bitcoin Victory steal money from people. They pretend to be free, but they aren’t. Because the first thing you will have to do when you sign up for it, is to deposit at least 250 USD with a broker they will chose for you.

It will be an unlicensed and scam broker which will have only one mission: to get as much money from you as possible and keep it. They will never let you withdraw what you deposited, let alone earn you a single cent. That is their modus operandi.

Conclusion

Bitcoin Victory is a dubious scam that just wants your money, don’t deposit anything with it, otherwise you will lose it!

If you are interested in cryptocurrency trading, try it firs with virtual money on a free demo account.

You have to see if you are able to build a profitable strategy. If you are, make yourself familiar with the risks of real trading and only then you can invest for real.

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