Well, when talking about Binary Options Trading, there will always be two things in the mind of a trader. And these two things are whether the Binary Options Software in which he or she invested is the legitimate company or a Scam which is pretty common in the industry. Many times it is found that people often trapped by the companies who are genuinely fraud but they will pretend like a legit and people got their leg into them.
Obviously, it is not a new news regarding the binary options trading, and recently another scam report has come into the light, and you might be surprised after knowing the actual scenario behind this scam company. And it named as Zero Loss Formula. So, if you are thinking about investing your money in binary options trading, then you will be advised to stay away from it as much as possible. And read this Zero Loss Formula Scam Review to know why I am telling this company a scam.
I have enough evidence with me against the fraud company which claims to make you rich in a short period. So, not to waste much time here let’s move to the main discussion Zero Loss Formula Scam Review.
Zero Loss Formula Scam EXPOSED:
Zero Loss Formula is claimed by an owner named Peter Morgan who will be seen in a video of their official webpage. He was seen in the video trying to convince people about his money making software which is nothing but a bogus auto trading bot software. In the promotional video self-acclaimed CEO and founder Peter explains that he wants to change the lifestyle of many peoples like you and me, and that’s why he is giving us the opportunity to join him.
Also, he convinced us in the way like his auto trade Zero Loss Formula software will help you to earn $50,000 to $200,000 in a week and lot more promises. And I would like to tell you that these are nothing but a fake promise. As per the video, he is giving us a lifetime earning opportunity through this auto trade software in the binary options trading industry with the record of never losing a single trade since its operation in the industry from 2012.
Here’s the first twist came. Peter acclaimed that his company had created on 2012 but, when I simply searched over the web go to know the actual truth. There is a website named who.is which tells the history of it’s creation by providing the domain name. So, it clearly shows that the website launched on 2nd of July 2016. So, this software is just only a one-month-old, and it’s one of the evidence which proof that they are lying.
#Tempted people by fake claims:
They said their system runs on auto trading software, and it will make you earn million dollars each month with the system that runs on 24 hours a day and 7 days a week, and it is a remarkable outcome as per them. But, if you have a simple knowledge on binary trading or if you consult with anyone having knowledge regarding it, you will be understood that attaining that much figure in a month through binary options trading is not possible.
Binary trading is fully based on critical mathematical algorithms that are unable to understand for the people other than the developers. So, these algorithms are set in a way that they can bring a trade signal to the trader through which he can earn. But, it’s not possible all the time that the system will give you the best trade signal. Even the best binary options trading companies will be able to get you near about $1000 on a day when the software runs at it’s best. But, not the daily wise.
And the financial market only opens 5 days a week that means weekends are closed. So how come they will bring profit to their users 7 days a week when the actual market operations remain off?
#Software is not free actually:
Although they said that the auto trade software is free, but it is not the actual truth. You need to invest $250 to the Zero Loss Formula if you want to trade with them. It means that you as a trader have to ready to loose $250 at first with the scam company. And obviously, it is not a good decision for any trader.
Moreover, the scam software never mentions any brokers that are associated with the company, and there is no information about the regulatory body of the company. So, there is a high chance of losing you all money if you invest with them.
#Bluff of 50 free licenses:
They are trying all the possible way to manipulate peoples for getting the investment. The developers of this scam system claim that they are giving 50 free licenses to the beta testers before going to the public. So, they tend to present themselves in a genuine way by this technique which actually they ae not.
They offer no trial actually:
Most of the legitimate binary trading companies in the industry offer free trial period of 30 days but this feature is not available with them. The trial period is necessary as the user gets the basic idea of the operation of that period. But, Zero Loss Formula didn’t provide this facility.
No experience is required as per Zero Loss Formula system:
Well, the company says that traders wouldn’t require any kind of trading experience before going for any trade here. But, as per the financial market experts, a little bit knowledge and experience about the market is necessary for making a profitable trade. It is the real basic of the binary options trading. Knowledge on binary trading makes the trader able to identify whether the company is genuine or not.
Bogus Figures and testimonials:
The earning figures of their users which they show on their website are completely fake and bogus as well as the testimonials. I will tell you a simple thing which I did. When you go to their official site, you will see some people having to show their earning in a day. And the figures continue increases that mean rapid changes.
Surprisingly, when I close my internet connection the figures still increases and continue until I close that page and re-open it. So, that clearly says that their web page is designed in a way that without any internet connections also it will show the earning figures in an increasing manner. So, it is another strong evidence that proves the company a complete scam.
It is better to keep your step away from this Zero Loss Formula as much as possible. If you got a mail from someone or any invitation mail to make a trade with them, it is highly recommended that put a big full stop before this scam company and also make others aware of it who are plans to deal with them.
Hope, I have shown you enough pieces of evidences regarding this latest scam report in this Zero Loss Formula Scam Review. Further, if you will have any kind of query, then do not forget to write us about it. We would love to help you.