Binary Diploma is supposed to be an educational program about binary options. The courses should teach you everything you need to know to trade with profits.
The courses are allegedly made by trading professionals. Davis says nothing about the price, but the registration is free.
Binary Diploma scam
First of all educating people about financial trading is a regulated activity. In order to do it legally, you have to have a licence, but we don’t see any with Binary Diploma, because the program is completely anonymous.
But there are even bigger problems with this program.
But these testimonials are fake. Stock photos have been used, so you cannot trust these reviews. Take a look at the picture to see a proof.
Perhaps the biggest problem of Binary Diploma is that it does a different thing from what Davis says. It is supposed to be an educational program, but when you join, you are given access to a binary options robot that is known to lose money.
The worst thing about this program is that you have to deposit money with an unregulated broker in order to activate it. So no prior testing, you have to let the losing robot trade with your money since the first trade!
And because we get a lot of feedback about this robot that Binary Diploma is based on, we know that it is losing money in real trading.
How it really works
So the real purpose of Binary Diploma is the same as with any other binary options scam out there. People who run it are affiliated with some brokers, they are getting paid for referring new depositors to these brokers. That is their only source of revenue.
This is why they cannot let you try their software before you deposit money with their broker.
Binary Diploma is a scam that will force you to deposit money and lose it with a crappy software. Stay away from it!
Forget about free money making programs, they don’t exist. To make money with binary options, you have to learn to trade by yourself. You can try and do it on a free demo account with a regulated broker.
Don’t switch to a live account until you have built a profitable strategy.