The truth is revealed in this genuine review, The Magnetic Profit Software is a Scam !!We have looked very closely at the Magneticprofit.co system and have seen how it is supposed to work, so we are able to explain clearly in this review how we know it is not to be trusted and why it is a real scam.The owner of the software is David Silversmith and he describes himself as being a top expert in binary options who has written hundreds articles on the subject. If you believe him, he claims to have made £11 million from using the Magnetic Profit software and says that the system has already paid out $50 million to his student traders.
The Magnetic Profit method is integrated with some revolutionary tools, so it can collect meta-data from the financial charts and analyze all the global markets. It is designed to predict precisely what is about to happen to market prices, so that winning trades can be placed within minutes.The Magnetic Profit App is apparently available for free to 138 people, and then the offer will be removed!
How The Magnetic Profit App Work ?
It takes just three minutes to set it up to trade with Magnetic Profit signals. You enter your name and email address to access the members’ page, where you have to open an account with a designated broker. You are then required to deposit $250 or more for trading, before you can activate the Magnetic Profit software.David Silversmith guarantees that you will soon become a millionaire by making $32,000 per day from binary options. He even promises to give $50,000 of his own money to anyone who does not make a profit from trading with the Magnetic Profit App!
Why Magnetic Profit System Is a Scam ? Facts !!
We have gathered many facts for this review to prove that Magnetic Profit is a scam. It is certainly not to be trusted and we are sure that all the guarantees and promises made about this software are false. In this section of our Magneticprofit.co review we show you why your money is at risk if you open a broker account and use it to activate the Magnetic Profit system.David Silversmith says in the video presentation that he is a well known expert who is known for exposing scam offers for binary options software. This is not true. In our research for this review we found no person called David Silversmith associated with a top binary options blog or a watchdog website.
If this man really does have the biggest binary watchdog site and is known as a leading blogger who exposes trading scams, he would tell us the name of his Magnetic Profits website or blog. This would give him some real authority, but he fails to name it in the video when he is supposed to be promoting his own software.A sure sign that it is a scam is the main focus of the video, which is all about becoming a multimillionaire and having the sort of lifestyle you might dream of. The photos which the narrator describes as showing his own luxury car and his dream vacation home are just stock images. The car in the photo does not even have a registration plate!
Fake Magnetic Profits Review Video’s
According to the video presentation, Magnetic Profit program is risk free and there is nothing which can outperform it, but there are no trading statistics and no verifiable evidence of its success. It is very easy to create a fake trading account for a scam, showing a profit of $1,333 in one hour on video, and this is no proof of what will be achieved when actually trading with the software.The Magnetic Profit video testimonials are all performed by actors. The woman who appears to give her personal review in the video has previously appeared in a number of videos, all promoting scam offers. Her photo can also be found on a website where, for a small fee, she is available for video appearances.
One of the men in the video says in his review that he has never lost a single trade when using the Magnetic Profit system. It is not possible for any trading software to achieve 100% success in the highly volatile markets and his false testimonial proves that it is a scam.We could find no genuine traders who have given the Magnetic Profit software a good review, but we did find plenty of real people who have given it a negative review.The video presentation guarantees that you will become a millionaire and promises that David Silversmith will personally give you $50,000 if you fail to make a profit. There are no details about how to contact him or how you will receive this amount when you have made no profit. It is just a tactic and there is no real guarantee of making any money when trading with Magnetic Profit bot.
Another total lie told by David Silversmith is his promise that this software offer is risk free. You have to fund a broker account in order to activate the Signals App, so there is a real risk of losing $250.It is almost certainly not true that the license is only available to 138 people and then the offer will be removed. Why 138 people? Why not 100 or 150? The website shows that there are only 4 licenses remaining, but this is just a tactic to get people to sign up quickly and fund an account with a “trusted” broker!
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Conclusion – The Magnetic Profit App is Scam !!! Avoid !!
The Magnetic Profit System is being promoted with lies, deception, false testimonials and fake personalities. The offer does not come from an expert who is known for being able to spot,because he and his website do not exist. Magnetic Profit App is a scam and nothing in the presentation video can be trusted. For trusted software check our recommended binary signals page.Always check our Scam binary options providers page before you sign up with any fake systems like Magnetic Profits Method. Share you feedback below in comments section .