Strand pretends to be a former employee of NASA and a former professor of mathematics. He created a binary options robot that he called Blazing Speed Trader. It allegedly is capable of making you $20,000 per day.
Speaking of miracles, Blazing Speed Trader is completely free, so you allegedly can become a millionaire for free.
Blazing Speed Trader scam
In reality Blazing Speed Trader is a scam and Johan Strand a scam artist. In fact, Blazing Speed Trader is just a clone of the Blazing Trader scam that we have already reviewed.
Scammers were lazy this time, so they used the original video and they just created a new website with the Blazing Speed Trader logo. Check our picture to see the comparison.
Johan Strand is of course a fake name, this guy is an actor who is acting in scams.
Testimonials and reviews
On the website you will find three people and their stories about making money with this program. But they of course are fake.
Alleged media reviews of Blazing Speed Trader are fake too. None of the mentioned media have ever published anything about this program. You can verify it through your own research.
Or you can have a look at our second picture which proves that CNN have never published anything about this binary options trading program.
This software is old and we have gathered a lot of feedback about it from real users. And they all agree that this Blazing Speed Trader software is losing money.
How it really works
Last but not least, let us explain how Blazing Speed Trader really works. After registering you will be asked to deposit money with a broker called CFD Stocks that is of course not regulated. Until you deposit, you won’t be allowed to use the trading platform.
The reason is that scammers who run Blazing Speed Trader are associated with this broker, they are getting paid for referring new depositors. That’s all.
If you deposit money through the software with their broker, scammers will get paid and you will never see your money again, the software will lose it in trading.
Blazing Speed Trader is a dirty scam made to make you deposit and lose money with a broker that has no licence. Stay away from it!
Make no mistake, you can make money in trading, but it takes some time and learning before you get profitable. If you are interested in it, start on a free demo account with a regulated broker.
Don’t trade with real money until your strategy is proven to work.