Are you prepared to take hold of a software that will bring massive profits quickly and without any efforts? Smart Profits promises to generate winning trades on autopilot, so you enjoy financial freedom for the rest of your life. Are buying into this fairy tale? Is Smart Profits a Scam?
Hold tight your credit card and don’t even think about investing your hard earned money before reading this review.
Smart Profits Review
- Product Name: Smart Profits
- Website: smartprofits.org
- Price: $250 minimum
- Money Making Strategy: Binary Options
- Recommended? No
Score: 0 / 10
What is Smart Profits?
Kevin wants to convince you that he created a revolutionary binary options software (Kevin’s Golden Goose Method) in collaboration with Tom and Marcus.
Tom is said to be the son of an ex-broker and a successful trader for over 30 years. As for Marcus, he is said to be a computer programmer who worked for Google and Yahoo!
For some reason, their real identities are not revealed. Why? Because they don’t exist!
If Tom’s father was a broker, then his family is filthy rich! I am sure he wouldn’t trade anything or create a software to make others rich! That doesn’t make any sense!
Binary Options is Very Risky!
Binary options is a very risky kind of trading, and the whole business is designed to suck money like a black hole. Why?
First of all, you have to fund your broker’s account with a minimum of $250. Then, in a manual operation, you have to decide if the price of stocks, commodities or currency pairs will go up (CALL) or down (PUT). You also have to determine the expiry time and the amount you want to trade.
This is a screenshot of the Broker’s platform.
So, if you think the price of the Pound (GBP) will go over 1.29675 dollars after 2 minutes and 39 seconds, you place the trade by clicking “CALL.”
If you are correct, you win 80% on top of your investment. If the price actually goes down, you lose 100%. This significant advantage over traders is the reason why brokers can earn massive profits to keep their business running!
It’s impossible to predict what’s going to happen in such a short time. Even if you have years of experience spotting trends in the financial markets, it will always involve significant risks.
No Software Can Predict The Market!
I have reviewed many deceitful websites involving a binary options software. Instant Income App, The Oxford Method, Market Buster and Profit Shield are just a few outrageous examples.
Whenever you land on a website trying to sell the idea that a software is able to predict the market and make money on autopilot, run fast my friend!
This is an old tactic of scammers to make you feel you are in good hands. Not only that, they like to grab your attention to the fallacy that the software is 100% free. That’s BS!
They say you have nothing to lose, but hold on a second. You have $250 about to be thrown into the lion’s cage. I am sure you have more important things to do with this money, so keep it safe!
Kevin’s Gold Goose method is nothing but a useless software that places random trades on autopilot. Trading in binary options using this software is literally gambling with your money.
If it really worked, why would they place this warning at the bottom of the page?
U.S. Government Required Disclaimer – Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
The Recommended Broker is not Regulated!
The first thing you need to do before trading in binary options is to check if a broker is regulated. So, you should stay away from Smart Profits for yet another reason: FWRTrade is a relatively new and unregulated broker.
They warn you about problems if you pick the wrong broker, but they’ve chosen one that is unregulated! Does that make any sense?
Conclusion – Is Smart Profits a Scam?
In my opinion, YES! Because…
- They lie about the creators of this software – Tom and Marcus don’t exist!
- They lie about the effectiveness of their software – No software can predict the market with any level of precision!
- They lie about choosing a reliable broker – The broker is not even regulated!
- They try to convince you that you have nothing to lose, but your $250 deposit is at serious risk!
Verdict: Not Recommended!
A Smart Way to Make Money Online
If you want to make money online, but you don’t want to take part in this risky binary options, here is my advice: Build an online business and start promoting other people’s products and services!
First of all, you need to build the foundation of your business, which is a website. Next, you have to attract a large audience so that a good number of people click on your recommendations… Then, people will be taken to the retailer’s website from where they eventually purchase something. By that time, the retailer knows that it was you who recommended this person to their site.
As a result, you will earn a commission from every sale. It can be 5% or even 50% depending on the business you are promoting.
Think about the potential you have in your hands once you get 100s or even 1000s of visitors to your site every single day! It takes time and commitment, but I can assure you, it’s worth it!
The more money you make online, the more power you have in your life… Those days of 9-5 oppression will soon be gone because you will not depend entirely on your job to survive!
So, give yourself a chance to succeed and build your online business today! But first, you need proper training and support from experienced people. You also need a platform to build and host your website!
There is a place I recommend that offers a free started membership so you can give it a try before investing any money! This platform exists since 2005 and is the best you can find.
I hope this article was able to cover all your concerns regarding Smart Profits. Please, drop me a message if you have more questions or need any help making money online.
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