I found Easy Daily Profits through a scam website called Direct News 24. I have reviewed this FAKE site last week and discovered thal all their links were directing people to deceitful binary options promoters.
Not surprisingly, all these promoters are telling a beautiful story of how a simple and free software will give financial freedom. So, Is Easy Daily Profits a scam?
Bear with me as I will uncover another get rich quick scheme.
Easy Daily Profits Review
- Product Name: Easy Daily Profits
- Website: easydailyprofits.co
- Price: $250 (minimum deposit)
- Recommended? No
What is Easy Daily Profits?
Easy Daily Profits is exactly what they said they are NOT. A click-a-button-and-get-rich-now software. They are trying to fool you saying this is not one of those videos which promise tens of thousands of dollars instantly.
I see… But they make you dream about making $1000 overnight!
In practice, that doesn’t make any difference because everyone you’d love to make $1000s while sleeping, right?
This is another binary options software that is said to predict market fluctuations and place winning trades.
So, the question is: Will it reduce your risks of trading in binary options and earn you a passive income online? NO! There is simply no magic auto trader capable of reducing the extreme risks involved.
First of All, It’s Not Free!
The software is given out for free as a bait. However, you still have to fund the broker’s account with at least $250.
This is not a free opportunity to become financially free. On the contrary, it’s an expensive and risky strategy that will never make your dreams come true. Click here to learn about a reliable and efficient method to make money online.
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Buying Testimonials from Fiverr.com is Not Nice!
Before I explain why the software doesn’t work, I need to show you which kind of people you are dealing with. The kind of people that buy fake Fiverr testimonials is never a good example of benevolence. Here is the proof.
Do you remember this lady saying she managed to pay half of her debt thanks to Easy Daily Profits?
Here you can see her video testimonial service being advertised on Fiverr.com.
Yes, it’s not only possible but also very cheap to buy testimonials on the internet. Actors will say anything you want and try to be as genuine as possible. But if you pay close attention you see that’s not the typical reaction you’d expect from a someone who just found the path to freedom.
Understanding The Risky System
Binary Options is a legitimate strategy to make money online, but the main problem is the high-risk level. It’s insane!
In binary options, you are betting on the movement of asset prices, and everything happens so fast. For example, if you think the dollar will increase against the euro in 10 minutes, you place a PUT. And if you think it’s going down you place a CALL.
Now, you might think you have a 50% chance of winning. Yes, you are correct! However, that doesn’t mean you have a 50% chance of making a fortune!
Because of the unfair advantage that the broker carries against each trader. If your proposition is correct you make around 75% return on your investment. But if you are wrong my friend, you lose all of it!
If only the financial markets were easily predictable. In reality, not even the most experienced trader is in the safe zone. And over 95% of people trade the same way as they would play the roulette.
Why Auto Traders Will Never Work?
That’s an easy question when you think about who is profiting the most with binary options. Exactly! The Broker… The Broker takes your money when you make a wrong prediction.
What would happen if someone invented a software that offered correct predictions over 90% of the time? This person would pocket all the brokers’ money and make it go out of business in a few days.
The software is a farce because the financial market is affected by too many factors in politics and economics combined. It can’t predict these events, thus it can’t predict asset prices.
Activating the software simply means allowing it to place random trades. That’s exactly what it does.
Easy Daily Profits’ Hidden Agenda
Easy Daily Profits is an affiliate of the broker. Meaning that when you make a deposit, the owners will earn a generous commission from the broker.
They lied about their intentions. They don’t want to give out a magic software just because they are willing to help others become a millionaire. That’s a fairy tale!
Conclusion – Is Easy Daily Profits a Scam?
Easy Daily Profits lied a LOT and omitted important information about their dodgy relationship with the broker.
I can’t see any difference from the other scam sites like The Canuck Method, Pay My Vacation, Gemini2, Blazing Trader and so many others. So, yes, I am 100% sure this is another binary options scam. Stay well away from it and read about a serious strategy below.
Verdict: Not Recommended
What’s the Best Strategy to Make Money Online?
There are many interesting strategies to make money online. What works for some people might not work for others, though. If you want to know what is the best strategy, you need to try it yourself and see if it works well for you.
Personally, I love affiliate marketing! I think there are many advantages and very few disadvantages compared to other methods.
Affiliate marketing allows you to earn commissions for promoting other people’s products. You build a website, write helpful articles and recommend quality products for your specific audience. The more content you produce, the larger you audience and, as a result, the bigger your revenue.
What I like about affiliate marketing is that anyone can start with no experience, build their way up, and become a successful online business owner.
Many people have achieved freedom from their 9-5 that way, but you need to understand that it takes time and effort. You don’t need to be an expert to get started, you just need motivation and willpower to learn and take consistent action.
If you are interested in following this route, I highly recommend Wealthy Affiliate. This platform gave me an exceptional education, support and tools to build my affiliate marketing business. Click on the link below if you want to learn more about Wealthy Affiliate and how it can help you achieve your financial goals online.
Thanks for reading. I hope this article was informative and eye-opening. If you have any questions, just drop me a message below, and I’ll do my best to answer asap.