Profit Magnet allegedly is an automated binary options trading software that can make you more than $1,000 per day.
And because Profit Magnet is free, can you make money for free? Well, not exactly…
Profit Magnet scam
The sad truth is that Aaron Martin is a fictitious person, in video you hear just an actor’s voice. And he says lies only.
Martin says that the Profit Magnet program is allegedly open only for five days, but it’s been several months since it started and it is open to an unlimited amount of people.
The photo of that woman is a stock photo and the story is fiction. It is not a real Facebook post, try to click on it and you will see.
Everything else you can see in the video is fake too. All the bank account statements have been faked.
How it works
So what is Profit Magnet really about? About making you deposit money with a selected broker that is not regulated. The reason is that scammers are associated with this broker, they get paid for referring new traders to him.
This is the only reason of Profit Magnet’s existence, to earn affiliate commission to scammers. Everything has been designed to make you deposit money with that broker. But if you deposit and let Profit Magnet trade for you, you will lose your money.
Profit Magnet is an ordinary scam the uses binary options to make you lose money. Stay away from it!
Forget about free money making robots, they all are scams. You can make money with binary options only if you learn to trade and build a profitable strategy. You can try and do that on a free demo with a regulated broker.