Mambo Investments is a binary options scam

This review explains why Mambo Binary Options is a service that you should not use for trading.

Mambo Investments or Mambo Binary Options is a service for automated trading. Their alleged expert traders have a win rate of 77 percent and you can copy their trades on your account. On autopilot.

And for free, because money is free, right?

Mambo Investments scam

We have every reason to believe that Mambo Investments is a scam that won’t make you any money.

Fake testimonials

Mambo Binary Options uses fake testimonials to make you believe that people are making money with it.

Look at the picture and you will see that they used stolen photos of people that don’t have anything in common with this binary options trading program.

This alone is enough for us to say that it is a scam.

Not free

Mambo Investments keeps stressing that it is free, but it is not. They won’t activate your account until you deposit money with one of their brokers.

Until you take money out of your pocket, you won’t be able to try the system. So not only it is not free, but it is also dangerous, because it has no demo mode.

Unregulated brokers

Another dangerous aspect of Mambo Investments is that they push you to open an account with an unregulated broker. You should never do that, not only because it is not legal in most countries, but primarily because your money would not be protected.

Any trading, not only binary options, should always be carried with regulated brokers only.

How it works

It is clear that the main purpose of Mambo Investments is to make you deposit money with an affiliated broker, because it will earn a commission to people who run this scam.

Conclusion

Mambo Investments is an obvious scam that cares only about you depositing money with an unregulated broker.

If you are interested in making money in trading, try a demo account with a regulated broker.

Learn and test on the demo until you get consistent profits. Only then you can switch to a live account with real money.

Summary
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Reviewed Item
Mambo Investments
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One thought on “Mambo Investments is a binary options scam

  1. Took 2 months to start trading my account. They keep changing the rules.

    There overall win rate was 38%. They are arrogant and do not care about there clients.

    I have many emails to prove.

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