This scam is really ridiculous. Chris made a video in his supposed office which should make you believe that he has an automated trading system that will make you Millionaire within three months. For free, of course! Does such a thing sound real or serious? Think about it.
He will tell the usual lies about limited spots, but revisit his page any time and you’ll see that you can join any day you want, it will never be closed.
The funny part comes with the supposed live demonstration of the trading system. The biggest nonsense comes when Chris says that he connected the bank accounts of his students to the trading system and that they have to just push buttons to make profits. And when they make profits, they can see them immediately on their bank accounts. It is simply impossible.
Because trading binary options works like this: first you have to open a trading account and deposit money into it. Which is by the way a thing that student James could not do with his negative balance. Then you can start trading binary options. But before you can withdraw you profits, you have to verify your identity with your broker by sending him some documents. Only then you can withdraw. But you have to submit a withdrawal request, it cannot be done automatically, and you will have to wait some time before it is processed by the broker. It usually takes a day or two.
So you see, it is really not possible to get profits to your bank account in real time, there is a withdrawal process that takes time. It is one of the proofs that the Millionaire Dream system is a big scam.
But we can give you some other proofs. Look at the images below. These are the screenshots from the student’s bank accounts that are shown in the video. Not only the dates differ by several months between James and Robert, but the dates shown by the banks do not change over time, only the balances are rewritten. So you can see that these bank account statements are fake.
The reality is that Chris is an affiliate of binary options brokers. So he did his video to make you open a binary options account and deposit money into it, you will have to deposit at least $250. When you do that, he will earn a commission. What happens next does not matter to him. If you let an automated trading system trade your account, you will lose your deposit.
This scam is now also being promoted with the simple title “Millionaire”, so beware!
We repeat it each and every time, these free automated trading systems, like the Millionaire Dream that promise you huge money for free, are scams. The only way to make money on binary options is to learn and trade them yourself. There is no free money. If you are interested, you can try trading on a free demo.