Reed says that he is the creator of FXsniper, which is an automated strategy that can trade binary options for you. The name would again suggest Forex, so it seems that we are dealing with a new fashion here, binary options robots are called after Forex.
Anyway, FXsniper is allegedly able to make you $300 per day and at least $2,000 per week. And it is of course free, because money is free, right?
The truth is that FX Sniper is a very basic scam that won’t make you any money. If anything, it will make you lose money.
Simon Reed is a scammer
A while ago we have seen this same guy pretending to be Joshua Ethan, the creator of a trading software called Profitball. As you can see, he is a professional scam artist.
These are not real stories of real users. Look at the picture and you will see not only that they generate the country of every person according to your location, but also that the same testimonials have been used with the InstantCash App scam.
How it really works
Now let us explain the real purpose of FXsniper. After registering you will be redirected to a deposit page of a binary options broker (Binary Online at this time). The reason is that scammer behind FXsniper are getting paid by this broker for referring new depositing clients. That’s it.
So the whole story and all the lies are here just to make you deposit with a certain broker, so that scammers earn their affiliate commission.
FXsniper is a scam that is about making you deposit and lose money with a crappy binary options system. Stay away from it!
You can make money with binary options, but first you have to learn to trade profitably on a demo account.
Only then you can start investing real money for real profits. Free money making binary options systems are all scams!