This new entrant onto the binary market The Global Profits system could be called the biggest scammer of 2015, but we should give it a fair review before making a final decision. The Global Profits signals system has been proved to be linked to traders and brokers who are known scammers and this switches on the red warning light straight away. Trust them and their scare tactics if you dare, but read the reviews first as this will probably make you change your mind.
The more research about Global Profits that you carry out, the more you will find some worrying facts about this app. For instance an old trick is to post pictures of people making positive testimonials. Where can you find these photographs of bright, interesting people? On Shutterstock and/or Stock Photos. They may be actors paid to advertise certain products and they look good with positive comments about Global Profits written beneath their smiling faces.
So this is the first scam tactic that reviewers have noticed that points to the untrustworthiness of Global Profits.com. Reviewers have also questioned the business ethics of the people who have developed this software. There is definite evidence that these individuals are the same ones who developed Titan Trade and NRG.binary, both binary trading platforms that have been disliked and distrusted – some even say they that these individuals deserve a jail term.
What Else Is Being Said About Global Profits?
Top reviewers who have carefully analysed the sales video for Global Profits software have noticed the hard sell tone that Mike Silver uses to tell his rags to riches story. He also employs the Small Man Beats the Fat Cats storyline to show how everyone, even you, can finally make it big. The scare tactics he employs to convince people that they can “Sell Short” and profit from the Global Financial Crisis and the economic collapse of several world nations makes him sound like a man with a grudge and someone who enjoys profiting from others’ losses.
These comments aside, what else leads the top reviewers and watchdog sites to believe that Global Profits is nothing but a scam and a trading system to beware of? For one thing, there is nothing much to the Global Profits software once you have downloaded it. “Mike Silver” whoever he really is, says that his patented algorithms are able to predict a critical mass situation in the market place. Once this critical mass or the panic song of sell-sell-sell has been predicted, the Global Profits automated signals software will short sell, or sell and quickly exit the market, thus earning a tremendous profit long before other traders, including Wall Street traders are even aware that a crisis is looming.
If that is not enough convincing information to steer you away from these scammers, here is something else that may surprise you. Global Profits entered the binary options market place in September, 2015 and already, in October 2015, the domain name is for sale. That’s about one month before these former Titan Traders have decided to sell. Mike Silver says he has a commitment to helping others, but many people would find that a little bit spooky!
The Global Profits scammers have already hit the top of the Blacklists; these blacklisters really do have the power to uncover scammers and let the binary options community know which sites to avoid.
One of the best and most reliable sites in the binary options market is ours . Our trusted binary options signals reviews has steadily built a reputation of solid trustworthiness.
If you are ready to enter the binary options market place, it is always wise to check the watchdog sites and the lists of options traders who have been blacklisted; this will save you from losing all your money very quickly. Regulation by the CFTC, the Commodity Futures Trading Commission and the Commodity Exchange Act is also something to look out for on any site that you are considering trading on.
Most review sites strongly believe that the Global Profits app is a big scam. The warning lights and blacklists are showing up all over the options trading industry. The message is “Stay Away From Global Profits.” These early warning signals could be the reason why the domain name is already for sale. In less than one month these fraudsters have been booed out of the marketplace and they are attempting to short sell to recover their losses.
With his Teach a Man to Fish analogy, Mike Silver and his cronies at Titan Trades and NRG.binary continue their hard sell strategies – they want us to believe that they have the perfect method for helping people to help themselves. On the video Mike Silver also says that only thirty people throughout the world need apply to download his software. Why is that? Most Trading sites have many more traders than just 30.
This is another puzzling question in the Global Profits story. Perhaps they need to take their own advice – Sell short, reap the profits and call it quits.