DBP v7 is a binary options trading software that allegedly has a 87 % win rate and can make you $167 to $257 per day. It generates trading signals that you are supposed to trade on your account.
And as it is usual with money making systems, Daily Binary Profits is free.
Daily Binary Profits scam
You guessed it right, Daily Binary Profits v7 is of course a scam that wants to take your money and lose it so that you never see it again.
Look at the picture to see the proof, this guy is a Fiverr actor, anybody can hire him for a fake testimonial for five dollars.
You see, it is not difficult to make a profitable trade with a binary option, after all the odds are 1:1. So when you make several trades in a row, it is probable that you will get at least one profitable. This is what scammers are presenting. They show you only the good ones.
But the important thing is the long term results and in this area all these scams, including DBP ver. 7, fail. They had to fake the trading account picture, look at the image on the right, the dates from the ribbon with actual market prices don’t correspond with the date alongside the balance. An obvious fake.
How it really works
Daily Binary Profits is a fairly old scam that will push you to deposit money with an unregulated broker. You won’t be allowed to use the software until you deposit money with a broker of their choice. The reason is that this broker pays them for referring new depositors. That’s the purpose of this scam.
If you really deposit with DBP and let the app trade with your money, you will lose it. Simple as that.
Daily Binary Profits is a scam that you will be forced to use with your own money. Don’t do it if you don’t want to lose!
If you are interested in the simple concept of binary options, try a free demo account with a regulated broker to see what you need to learn to really make money in trading.