Scam review: The Million Dollar Challenge by Michael Morgan

the Million Dollars ChallengeIn this review we are going to have a look at a scam that makes such a big promise, that you should immediately see that it is a scam. It is called the “Million Dollar Challenge” by Michael Morgan.

Morgan says that he has an automatic binary options trading system that will make money for you. He “guarantees” that it will either make you one million dollars in one month, or he will give you 10 thousand dollars from his pocket.

Think of it again, do you really think that it is possible to turn 250 dollars into one million dollars in one month? No, it is really not possible, certainly not on binary options. Morgan’s promise is so absurd that it should make you laugh.

And forget about the 10 thousand dollars he should give you in case his system fails, you will not see a single cent from him, it is absolutely sure.

The reality is that he is a binary options affiliate and he will get commissions for every trader he refers to his broker. This is the reason behind the Million Dollar Challenge. All he needs you to do is to open a binary options account and deposit money into it.

Michael Morga
Is this how a genuine article looks like?

Which by the way uncovers his big lie about everything being free. You will have to deposit at least $250 to start. If you then let his system trade your account, you will lose your money, simple as that.

Just look at his so called article, it is such a poor fake, that he did not even bother with writing a text. Where was it published, do you see any trace? Try to look for articles about Michael Morgan who makes people millionaires. You won’t find any. Not to mention his fake testimonials with paid actors at the beginning of the video.

If you really want to make money with binary options, learn more about them a trade yourself, you can start testing on a free demo. But certainly don’t believe in the Million Dollar Challenge, it is a scam.

Review Date
Reviewed Item
Million Dollar Challenge
Author Rating

9 thoughts on “Scam review: The Million Dollar Challenge by Michael Morgan

  1. Further to your review of “The Millionaire Challenge” by Michael Morgan, the clincher for me is that any self-respecting newspaper would know that there is no “e” in folks!…..NUFF SAID!

  2. I deposited $250.00 dollars with the broker that million dollar challenge uses, BinaryBook. I was told it was my money and I could withdraw it any time I wanted to. I deposited on a Saturday and of course the market was closed. I was told I would not be able to trade until I submitted compliance documents including proof of residence, photo copy of my drivers license, copies of both sides of my credit card and various forms of theirs confirming the withdrawals/deposits. When I returned to check my account on Monday, I was down $100.00. I was astounded. I called Binarybook and complained that I hadn’t traded yet and already was down in my account. They told me that the robot had traded before they could suspend my account and that it was now suspended and that 2 trades were still open for 10 more days on a long term trade. I said OK and waited it out. When they closed I pushed on one trade and won the other for $45.00. Now I had $193.75. I then asked to close my account and get my balance. They said I had to send the compliance documents in first before I could have my money. I refused to give them anymore personal information or to sign their papers. An hour of phone calls with 3 different persons and I still have no answer. All I want is to get my balance back and cut my losses. This is my first rodeo with Binary auto trading and I have learned my lesson. I will pursue this to the bitter end. I will also never send them anymore personal information, or sign any of their compliance documents. I am a 62 year old disabled woman and I thought it would be a way to make an investment that could grow and show ANY profit. I was not in it to become a millionaire overnight, just to perhaps generate a supplementary income. I used my credit card so I will contact them if they refuse to give me my money. I was prepared to lose it in fair play, but I am not willing to just give it to them. Is there a trade commission that I can report this to ? It feels like abuse to me and someone should put a stop to it. They are taking advantage of an elderly woman that is new to this present day internet. Don’t trust these people.

    1. Hello, the problem is that these scammers hide their real identity and location. Therefore it is difficult to complain, but you can always try it with relevant authorities in your country.

  3. I signed up for the million dollar challenge and soon I got a call from a guy telling me to pay . I said I don’t have 250 US dollars and he acted like his boss had just done me a favour to give me a 50% bonus and was willing to accept $125 from me. I asked him which part of the world is he in he said London UK then he transferred me to his finance dept.
    I then asked the guy at the finance dept. which part of the world is he in . He said Zurich . I asked “what about the previous guy I spoke to, where is he? He said he’s in Zurich too. So be careful of the lies.

  4. I have just had a look at this system,I got as far as the payment page and I was immediately contacted by a Peter Williams from AA brokers,he wanted me to put up my stake to 500 dollars and he would give me a bonus of 300 dollars as a thankyou. I was being intimidated to use this system, but I decided against it and told him I needed to do more research.I then cut him off!
    I am now expecting a range of calls from him and other brokers.

    Alan Berry

    1. stay away from these crooks watch video as amusement only regulated binary option firm is nadex thet dont make any claims you can paper trade and learn they are legit

  5. I saw this ad on my pc, think ok let me give it a change! This is the 5 time im oining a robot system and 5 times I was a fool! Don’t believe all this shit! Start today and loss all my $50

  6. hi guys , subscribe yesterday the million dollar challenge , biggg scamer, yesterday 6 transactions , 5 losss, lose 100 euros one day,
    VX platform is trading markets, we have made them 250 euros and I have activated software that I lost 100 euros in one day, I contacted them today and told me that it is not their fault that the software is simple,
    Now I want to withdraw my remaining money 150 euros and they ask me all sorts of documents now, I put all sorts of obstacles.

  7. SCAM all the way. No support. Nothing. Stay as far away from this as possible.

Comments are closed.