Louise claims that he has automated a binary options strategy based on Fibonacci numbers that wins 97 out of 100 trades. Thanks to this success ratio it can make you $6,900 per week on autopilot.
And because money is free (right?) in this world Louise is willing to give you his CodeFibo App for free.
Code Fibo is just another scam that abuses binary options. It is designed to take your money and lose it.
Professor Matthew Louise
Professor Matthew Louise does not exist. Look at the picture, this same guy played the role of the creator of the Virtual Income binary options scam.
That system lost a lot of money to a lot of people and now the same actor pretends to be a Professor and creator of CodeFibo.
Reviews and testimonials
Also all the testimonials you can see in the CodeFibo video are fake, they were made with paid actors.
You can also try to click on any article with Professor Louise on the CodeFibo website and you’ll see that they don’t even exist, you will be asked to sign up for the trading system.
And to make you deposit and trade with one of their partner broker they need you to believe that they can make you money. So they made up their Code Fibo story with Professor Louise…
If you sign up with them and deposit money, their system will lose your deposit in bad trades, that’s all.
Code Fibo is a very basic scam that abuses binary options. If you use it to trade, you will lose money.
Make no mistake, Fibonacci numbers can be a very useful tool to trade binary options successfully, but you have to build a proper strategy based on them. You have to do it on your own, scammers don’t know how to trade profitably. You can try to do it on a free demo account.
And you should start to trade with real money only when you are profitable on the demo.