Here I go again exposing yet another terrible binary options promo.
Live Profits was unleashed on the public last week claiming to be a live presentation “Robert Wilson”, the supposed creator of a magic push button software, along with his students as he sets them up with trading accounts.
Wilson checks their accounts live to show that they’ve made up to $19,000 since the time he set up their account not too long before the presentation.
If this blows you away then there are some things you need to know about this Live Profits presentation, binary options trading and the broker that they’re recommending.
My Live Profits review which appears below will fill you in on the details.
My Experience with Live Profits
The first thing I noticed about Live Profits was something I wasn’t pleased about. It’s something that I’d noticed before with the last binary options promo that I had reviewed.
On viewing the site, there’s a pop up that forces you to enter your name and email before you can view the offer. I’m hoping this isn’t a new trend because I saw a couple others like this while checking out other offers.
Hopefully, people will be turned off by this and not enter their details. There should always be a way to opt out of entering your details and proceeding. Maybe the back button is the best solution in cases like this.
Anyway I entered some made up details because I do not want to receive email from these guys.
Instead of the usual promo video, Live Profits, probably as the name suggests, is disguised as a live broadcast but it’s actually just a recording made to look as if it is live.
The entire video is staged and even the presenter and supposed developer of the software is fake. He’s really an actor as is a common practice with these Clicksure offers. The broadcast likely never aired live but was just produced to look this way.
This is just part of the manipulative methods they use to try to get you into the funnel and it is really just so insulting the way they have notices like “the maximum capacity has been reached” and even the number of viewers of the supposedly live broadcast.
In their so called live broadcast, they show students who have never done anything like this before as they earn money without even lifting a finger. And they’re earning up to $19,000 within hours of getting set up with the software and a binary trading account.
They make it seem as if the software is working on it’s own and creating this type of wealth.
From previous experience reviewing these products and from what knowledge I have of binary options trading, there is not software that can do all the work for you and churn out thousands of dollars just like that.
I have seen the same claims by other scammers and then at the same time seen complaints from users of their software about how they did not win one trade or they lost their money.
Making this type of money within a few hours without any knowledge of what you’re doing is highly unrealistic and hides a lot of the truth.
They’re just saying this because you’ll think that you can do this too even without any knowledge of binary options trading.
Although it looks like you’re trading because of the commodities used, you’re really just gambling. Binary means “two” and options are “choices”. So it’s like flipping a coin and guessing what side will show.
There is a lot of risk of losing all your money and if you look for the disclaimer link on these sites (if they have one) then you’ll find some fine print basically saying that you’re risking your money and could lose everything.
If you came upon Live Profits because you were looking into how to make money online then this is not the way. It’s not even an option.
Options Rally and Live Profits
Live Profits is just like all the other binary options trading promos. You watch the video, you enter your details and you get directed to a broker.
The broker recommended by Live Profits is Option Rally who was the same broker recommended by 2015 Millionaire.
In the previous review, we found out that Option Rally has received a lot of negative criticisms for a number of reasons such as pricing and lack of support and that they weren’t a trusted broker by a site that exclusively reviews binary options broker.
This is yet another reason why you should stay away from Live Profits. If they’re going to recommend a broker that has issues like this then it’s better to not do business with them.
Don’t Trust the Live Profits Team
To wrap up, here are some reasons why you shouldn’t trust the Live Profits team.
- Video is not live – staged video
- It is not exclusive software created by Robert Wilson as they’ve said
- Robert Wilson is just a character played by an actor
- Manipulative techniques used to draw the reader
- Forces you to subscribe if you want to see offer
- Skews the reality of making money online
- Recommends Option Rally, a broker with numerous complaints from users
This should tell you all you need to know to make a decision on whether or not to get involved with these people.