Heffner claims to be the CEO of GPS Trader. His binary options trading software can allegedly make you $850 per hour, $20,000 per day, risk free. It allegedly is based on GPS satellite technology.
According to Heffner there is only a 48 hour window to get the GPS Trader license for free. Then you can set the software to auto trade and wait for profits to come.
GPS Trader is a typical scam
Let’s start by explaining how GPS Trader really works. Heffner (or Hefner in the trading app) is a fictitious character played by a paid actor. The only purpose of this project is to make you deposit money with a certain broker, because these scammers are affiliates and will get paid for this.
This is how they make money, they earn affiliate commissions on new depositors they refer to their partner broker.
You should know that it is a scam from the moment you hear that it will make you $20,000 per day for free, risk free. Not to mention the stupid claim that satellite technology is faster to transmit data than cables on Wall Street.
So the first thing that is obvious by now is that GPS Trader is not free. You won’t be allowed to use it until you deposit at least $250.
So you will have to be risking your own money since the first trade. And you can be sure that the software is worthless and will lose your deposit.
Fake live trade
But the balance and the trade are absolutely fake. This is a dirty trick used by many binary options scams, they show you fake trades and fake results.
Look at the image on the right, after the fake trade you are taken to a deposit page where you can clearly see that your real balance is $0.
You can look at our reviews and see that the dirty trick with the fake live trade is exactly the same, it is the same software.
GPS Trader is a rebranded scam that is using lies to take money away from you.
Poor binary options, they get abused by scammers probably more than any other trading tool. If you want to see how binary options really work and how money can be made in trading, try a free demo account.
And be sure that anybody promising you free money, but asking you for a deposit first, is a scammer.