Is Protected Profits a Scam?
The answer to the question “Is Protected Profits a Scam?” seems to be a resounding YES! And there are many sites on the internet who will stand up and say so without hesitation. It is also a bit of a shame to mention that the team behind ProtectedProfits have released some other scam binary options trading programs before. These were Verified Trader, the Fisher Method and Verified Profits, all of which have already been reviewed as scams by well-regarded by trusted sites.
There are many sites warning people away from Protected Profits, including some videos on YouTube, Some sites that protect binary options traders from being scammed are quite shocked that this crew should foist another fake binary options scheme onto the internet, and many are encouraging traders who have been scammed by this team to post their feedback wherever they can, in an effort to deter newbie traders from starting out with them and being disappointed.
How Do You Know That Protected Profits is a Scam?
There are safer methods of finding out whether binary trading platform is a scam than trying it out for yourself. First of all, read the reviews and any posts that reveal the experiences of the traders out there, because experienced traders usually know what they are talking about, so it’s a safe bet to be guided by their opinions.
why the protected profits APP is Fake – Check out our Review
In our site we you can only see the truth. One review of Justin’s Software which was to be found on YouTube told the story of how all the binary predictions terminology was reversed. “Call” was “Put” and “Put” was “Call.” This may have just been an error in the new program, but it was an error that struck at the core of binary trading, because these two terms are so essential to each trade. Why would the Protected Profits team do such a thing? Were they trying to confuse newbie traders, or were they just being careless?
It also seems as the Profits signals team are not trying very hard in their presentation of this new scheme. Some of their email links lead back to the page for The Fisher Method and some doubt has been cast over the true identity of Jacob H Clark. Who is he really? Is he the co-founder of the Fisher Method, is he one of the development team of Protected Profits? Strangely enough, he may even be a University professor. No-one knows for sure who is behind the Protected Profit software.
It seems as if some of the Testimonials for this method have also been faked. One man who is supposedly making Testimonial for Protected Profits is actually a Divinity Student who runs a business helping those in need. One of the other pictures of a smiling man offering a positive Testimonial is a man who appears on several sites on the internet and he is always making a positive Testimonial. Because of these fraudulent photographs, Protected Profits is known as a “No Way It Can Happen” site where you will not make any money.
The team at ProtectedProfits.com promise that they will keep a watch on the Market for you; they say that you can make a fortune with them, for free. What they don’t tell you up front is that it will cost you $250.00 to $300.00 to activate your account and that you must pay that money to a broker before you can start trading with this group.
The Protected Profits binary signals App has been described as unreliable, although as with many schemes, there may be a few people who make a bit of money from it.
There are a few positive reviews for Protected Profit Signals system ,which state that this software is easy to use, because the system analyses the marketplace and advises traders of the next step to take towards making a fortune, without them needing to consult graphs or complex trading indicators.
One Protected Profits review said that once you have started to use this software you are able to watch over the shoulder of expert online traders, in real-time, every day as you learn to be a skillful trader yourself. Another reviewer stated that Protected Profits APP offers their traders the knowledge of “Secret strategies that ultimately help traders to make thousands of dollars from almost nothing.”
So there are fans of Protected Profits, those who believe that users of this software will make successful trades about 70% of the time. What they hope you don’t know is that this software is one of the latest in a long line of binary options trading platforms which are often peddled by the same people, in the same way that Verified Trader, the Fisher Method and Verified Profits are the previous efforts by the same team who have now launched this APP in the market. This is the fourth attempt of these same people to sell a second rate binary options trading app and not many experienced traders are falling for it.
Online marketers who successfully sell you the idea of opening an account with Profits APP get paid a commission, that’s one of the reasons why some websites have blogs on them which swear that Protected Profits is the best money-making software ever developed.
It is true that there are some of each type of review about Protected Profit APP; there are some negative reviews and some positive reviews. It would be safe to say that the negative reviews are the most effective and that they cause the most pauses for thought, because positive reviews are a dime a dozen. It is very easy to fake a positive testimonial or review, especially if the reviewer is getting paid for his/her opinion.
The negative reviews of Protected Profits will not go away and they are probably correct in stating that this software is a scam. It’s never a good idea to give your money to a robot trader no matter what promises are made to motivate you to do so.
Just Accept It – Protected Profits is a Scam.
Of course you don’t want to waste your hard earned cash on a scam or a fraud, the reputation of the team behind Protected Profits proceeds them. None of the real experts in binary options trading trust this these people or their product, so be wise and don’t you trust them either. There are plenty of reliable binary options traders available on the internet, all you have to do is look around and read the reviews to see that some binary options platforms have good reviews made by happy traders. It’s best to just accept that Protected Profits is a scam and then to avoid their product at all costs.
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