Recently I have received many emails claiming to know the answer to the Biggest Question of the day, “Is PrePaid Profit App a Scam” ?. With no names to backup with for this new Binary Options Trading app, it was a huge debate whether the owner was trying to scam money out of people or was trying to help you earn easy money. I don’t have a name for the owner, as it wasn’t mentioned anywhere on their official site or their intro video. So, I took the courtesy of looking a little deep into their site and company and came to a conclusion that, PrePaid Profits app is a scam.
Now you must be thinking, how am I so sure that PrePaid Profit App is a scam? Well, first of all, I have received a lot of email from individuals who were a target of the scam. And therefore in this Prepaid Profits app review, I am going to show you what I found out going through the site. And show why you should stay away from this PrePaid Profits App scam.
PrePaid Profits App Review : A Complete Overlook:
PrePaid Profits starts off as a Risk-Free automated Binary Options Trading software that claims that they always win trades and have never lost a trade. The proud owner of the software is left unnamed throughout the whole video and even the whole site. However, the narrator who started off talking about the software seems to know a lot about the inside of the software and this has helped him grow the software users community to over 10 million people. Out of all these members, he earns 1 cent as comission from every successful trade.
So, are these so called claims of Prepaid Profits App for real? Let’s look into the facts now.
Facts and False Statements:
While it didn’t bother me much that the owner of the Prepaid Profits software was un-named, it really rings the bell when you hear that a Binary Options Trading software makes 100% successful trade every time! Because there is no such thing as a risk-free or 100% successful trading app. If you have ever been into trading then you would know that Trading is all about risk and the success and fall rate can’t be predicted with 100% accuracy at least not with a SOFTWARE.
So, the claims statement of PrePaid Profits App having a 100% successful trading rate is a misleading information.
10 Million PrePaid Profit Users!!! Really?
So, the story goes on as the narrator also claimed that they have over 10 Million users who take part in the trading. And all of them have 100% successful trading, yet they don’t have any testimony or review anywhere on the internet even from 1 person out of 10 million user? Sounds totally like a big lie. And so this claim of Prepaid Profits app also seems like a totally fake one.
No Investment Simply Profit- A Big Claim Indeed!
Yes that’s right, the narrator finally let lose the biggest claim that you don’t have to invest any fund if you want to start trading. This may sound really great but it’s too good to be true, and I am going to explain to you why in a few moments.
How Does PrePaid Profits App work? Or Does it Really Work at all?
Taking these 3 facts into account that their 100% success rate claim is a fake one, their 10 million user is a lie and also the fact that you don’t need to invest in starting trading, let’s look into how they make the software work(if it really works at all).
So this is how the Prepaid Profit app claims to work, first of all, you will be downloading the software which will be streaming online for the competition. And when the competition is over you will be able to withdraw the profit. All you have to keep in mind is that you win the trade within 15 seconds with initially runs for 5min with the pre-investment of $50 dollars. And out of your successful trade, the creator will receive 1 cent commission Sounds fair enough and legit?
WRONG!!! The scam starts right off when you win. After you have won the trading competition, you will then need to connect to a broker account with a minimum amount to start withdrawing the money. So, no matter how much profit you think you have made out of the free $50 pre-investment, your investment will end up being in the brokers account along with the investment you made while signing up with the broker.
And this proves that the whole PrePaid Profits App is rigged to scam money out of innocent visitors who fall for their deceiving scam trick.
The Final Conclusion:
With all the fact that I have gathered so far, it is already proved that the unnamed owner’s Prepaid Profits App is definitely a scam. So, whether you are new or old into trading, you should never trade with companies or software that claims to have such high claims which are questionable and fake at the same time.