Fast Million supposedly is a project which gives ordinary people an opportunity to earn money on binary options. It is called Fast Million because it allegedly can earn you a million dollars pretty soon.
The trading software was allegedly created by Nikolay Potanin from the Novosibirsk Research Institute of Technology for a major US Bank. The software is called Sigma-PRO and copies leaked from the laboratory.
Fast Million and Sigma Pro scam
The reality is that the whole story about Fast Million and Sigma-Pro is complete BS. There is no Nikolay Potanin who created a trading software Sigma Pro. This is an ordinary scam designed to take your money and lose it in trading.
When he shows his winning trades, you can see there is one with a start time of 19:29:48 and expiry time 19:30:00. This would mean a binary option with an expiry of 12 seconds, which is impossible. The shortest binary options used to be 30 seconds, now it usually is 60 seconds.
See our picture. This proves the results are fake.
But these people are paid actors, we know at least on guy from other binary options scams. They do fake testimonials for money.
Also in the trading platform there are fake testimonials in the shape of alleged trades of other users. Look at our picture and you will see that these photos have been stolen from other people who have nothing to do with Fast Million.
How it really works
You see, Fast Million is not really free. Because after signing up you will have to deposit at least $300 with an unregulated broker – PlusOption – in order for the Sigma-Pro software to be activated.
This is how scammers earn money, they get paid by the broker for referring new depositors. That’s all.
This is why they made up their story about a profitable trading software, they need you to deposit with their affiliated broker so that they earn their commission. It goes without saying that if you do it, you will lose your deposit, because Sigma-Pro is a losing software.
Fast Million is a simple scam that abuses binary options to make you lose money. Stay away from it!
The truth is that you can make money in binary options trading, but first you have to learn and build a profitable strategy, nobody will do that for you. You can try and do it on a free demo account with a regulated broker.
No free software will make you money.