Kiyosaki Formula is supposed to be an automated trading software for binary options that allegedly can make you $1,900 per day. This should allow you to quit your job.
And because Kiyosaki Formula is free, you allegedly can retire for free. Really?
Kiyosaki Formula scam
This scam is really dirty, because it is based on a real character. Robert Kiyosaki is a real and famous trader, however the Kiyosaki Formula website has nothing to do with him, it was built by scammers who abuse his identity.
It uses a lot of materials that are real, like videos, interviews and books of the real Kiyosaki, but in the end it will direct you to a scam binary options software that will make you lose money. We investigated it and we repeat it, Kiyosaki Formula has nothing to do with the real Robert Kiyosaki!
The Kiyosaki Formula Group is in this case just a fictitious entity, the only aim of this program is to make money to scammers. How? Continue reading.
How it really works
After registering for the Kiyosaki Formula you will be asked to deposit money with a broker that you won’t be allowed to choose. This broker will be unregulated.
The reason is that people who run this scam are affiliated with this unlicensed broker, they get paid for referring new depositors to this broker. This is how they make money.
It is only after you deposit that they will activate their crappy software for you. This software will trade with your money and lose it, because it has no real strategy. This is how it works.
Kiyosaki Formula is a scam that abuses binary options and has nothing to do with the real Robert Kiyosaki. Stay away from it, otherwise it will lose your money!
The real Kiyosaki is just one of many examples showing that you can make money in trading, but it takes a lot of learning and testing. You can start on a free demo with a regulated broker.
Forget about all free binary options robots, they are all scams.