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Simple Profits Is Scam !! Software Review Truth !!

By James 7 Comments

In this latest review we expose the Simple Profits as top Scam , our honest SimpleProfits.co Review reveals the evidence we have uncovered, which proves that it is a scam.We do not want people to lose money by signing up for the Simple Profits software and funding a new trading account linked to the system. In this review we are going to expose all the lies, the deceptions, the empty promises and the faked screenshots being used to promote the bogus trading App.

Mark Ford is the name behind the free Simple Profits App. He says he is only making it available to people who earn less than $10,000 per month. The Simple Profits System is apparently free only for the first 50 people who download the software and fund a trading account.The signals App is designed for Forex investment using a fully automated trading system that can be used either as mobile browser-based software or from a desktop computer.

How Does the Simple Profits System Work?

The Simple Profits software trades on autopilot, so no skills are required to use it. After you have signed up for the free software you will have to open a brand new trading account, linked to the Simple Profits App, and deposit some funds for trading.The automated trading app is supposed to ensure that you make more than $1,000 each day, with profits of 989.2% per trade.

Why Simple Profits Software is a Scam ? Real Proof 

Simple Profits Software

In this section of our Simple Profits review you will find all the evidence to prove that this scam has been set up using faked new stories, false information and deceptive promises.Mark Ford is named as being the creator of the trading system. It is a common name, but in our research for this review we could not find any big Forex trader of that name or any mention of him on authoritative financial websites. This suggests that it is just a made up name for the purposes of setting up a scam.In the promotional video for the Simple Profits System, a brand new trading account is said to have been set up for the purposes of demonstrating how the software works.

This shows how much a deposit of $250 increased over a day using the Simple profits trading App. It is very easy for anyone to create a demo trading account, without using real funds and this one has been designed to illustrate the software backing up a losing trade so that no money is lost.The narrator of the SimpleProfits.co video reads out a false statistic, declaring that 99% of people who trade in binary options never make a profit. There is nothing to show that there is any truth in this statement. The fact is that there are many successful traders who do make a profit from binary options.Mark Ford guarantees that you will make $ 1000 a day by using the automated Simple Profits method, but there is nothing to back up his guarantee. This is just another empty promise and there is no real way to get a refund when you fail to make a profit.

Fake Screenshots and Simple Profits Method Reviews Exposed 

The Simple profits site features a faked screenshot of an article that is supposed to have appeared on the BBC News website. An online search for this article shows that this article does not exist and our research for this review has shown that the Simple Profits trading app has never been featured by the BBC. Matt Precey, the senior broadcast journalist whose name appears on the screenshot, has never written about this binary options trading software.

We also discovered that there is no truth in the claim that this trading software has been covered by the New York Times, it is just another false statement on the Simple Profits website.The Better Business Bureau logo is featured on the website, but this credential has also been faked for the Simple Profits method scam. When we checked with the BBB we discovered that the SimpleProfits.co is not accredited and the BBB logo is being used with no authorization and without permission.If this was not a scam, there would surely be some real testimony available online and the creator would not need to fake all of the credentials for this automated trading app.Another deceitful tactic used for this scam is the claim that the free software offer is limited to 50 people. The website shows that there are only 6 more memberships available and the number is counted down when you stay on the website.

However, each time we accessed it for this Simple profits review, the website always shows that 6 memberships are still available.On the video, which plays each time you access the website, the narrator says that if you are still able to view the video, it means that there is at least one copy left. It is simply not true to say that there are only a few copies left and you must join immediately while these are available. On the Simple profits Software next page there is a lot of pressure to join within 12 minutes or lose your chance. The same message has appeared every time we have accessed the website, and it never changes, so there is always an opportunity to go ahead.Live trades are another easily faked feature on the website, and actors are paid to appear in SimpleProfits videos that are supposed to show normal people making money with an automated trading app.

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Conclusion

It is very clear from all the evidence we have set out in this review that the Simple Profits method is a scam. It has obviously been set up to pressurize people into signing up for free software and to get them to deposit money in a brand new trading account. There is no genuine proof of trading results, only faked news pages, illegal use of logos and other signs which clearly prove this scam.Share your feedback about this software below .

Related

Summary
Reviewer
James
Review Date
2016-01-12
Reviewed Item
Simple Profits
Author Rating
21star1stargraygraygray

Filed Under: Binary Scam Signals

About James

Hi, I'm James a Forex Trader,This is my blog about Binary Options Signals Services Reviews and Binary Trading Tips .

Comments

  1. Jonathan says

    January 13, 2016 at 10:11 am

    My dump stupid wife signed up using my credit card and lost all $250 in 2 hours. Wish I had seen this review before.

    Reply
  2. Andre says

    January 19, 2016 at 11:50 pm

    Oh boy I have opened a trading account and I have $250 in there and no trades from simple profits software !

    Reply
  3. Nelson says

    February 1, 2016 at 11:35 pm

    I joined yesterday and as of now i have 4 wins and 5 losses in 9 tradings with 250€ deposit. Not a 100% software.

    Reply
    • Nelson says

      February 3, 2016 at 8:40 pm

      Today the automated software of simple profit tied to binary broker with 17 positions traded the recorded wins are 5 and losses are 12 there ends my 250 euros deposited to binary broker.😭😭😭😭😭

      Reply
      • Nelson Perez says

        February 6, 2016 at 1:27 pm

        CORRECTION,BINARY BROKER tied to SIMPLE PROFIT and after that an email was sent to me asking ,What happened? OMG They asked me that….its an automated Robot as they presented in their Video, I do not have any intervention with that BOT.only what I have done is clicked the activation to run and trade their Software.. In my instinct its not a software maybe a trader in the broker did the trading.. my opinion only..

        100% SCAM SIMPLE PROFIT run away from them,unsubscribed the emails they will send to you.

        Reply
  4. Mandy says

    March 2, 2016 at 1:35 pm

    Simple profit is a big Scam, they basically work from Cyprus and pretending to be here in Central London. They works with VX Marketing. I have signed up with $250 and they said your money will go up day by day which doesn’t made sense but I thought worth to try. After 1 day, my money gone down to zero without any physical trade. Called cx service they said its very unfortunate and offered me to invest £1000 and they will reimburse with another £500 so I thought they are money hunger. I have called my Bank in UK managed to open dispute against transaction, provide them all eveidence to prove them they are scam and finally I got my full money back after 3 weeks.

    Reply
    • Nelson says

      March 2, 2016 at 7:55 pm

      I also filed a case to the broker because they withdraw 500€ in my bank account thru my debit card. The broker then refunded the 500€ but the 250€ as my deposit to them is still at freeze and I let the bank and visa to do the negotiation. Gt option and Optionstars are all the same scammers they withdraw money in my account without my knowledge and permission. Good things that I did not send my compliance documents to them. I filed estafa thru Anti money laundering and the earliest broker who replied is binary book returning back my 500€. Take care fellow traders.

      Reply

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