Is Copy Trade Profit a Scam? Binary options trading systems have taken the online world by storm. People (including me) like the idea of making easy money which is the foundation of the product’s success. With a new system coming out every day it shows just how creative and lucrative this industry is. Most of these systems encapsulate the true definition of an online scam.
Copy Trade Profit is a system that uses old school techniques to market themselves and have bypassed using a sales video for the pitch! How refreshing… I’ll be reviewing the product and verifying if it actually does make me $2000 – $5000 a Day?
Product Review of Copy Trade Profit
Product Name: Copy Trade Profit
Cost: $250 Brokerage Deposit
Owner/s: Unknown
Rating: 1/10 ★☆☆☆☆☆☆☆☆☆
If you want to learn how to make real money online, read my top recommendation right here.
The Sales Page
To start off the sites sales page is badly laid out and doesn’t do much in providing a good site experience. Although I wouldn’t normally judge a system based on how “pretty” the website looks, this particular site needs a design overhaul. I’m surprised how they could make any sales at all.
The owner of Copy Trade Profit is offering affiliates with multiple commissions and prizes for promoting the system. Worryingly, they seem to have a way of making customers deposit money multiple times with their broker and are offering potential commissions to affiliates every time this happens.
Once you get past this section you are presented with some misleading information which is common practice with this type of system.
(1.) Firstly, our attention is drawn to the fact that there are only 11 spaces left for the system. One of the oldest tricks in the Binary Book of Scams is to hurry you along to the payment page by creating the appearance that the system is only available for a limited period. It means that you have less time to consider your purchase decision and by the time you realise that it’s a scam, it will be too late.
The truth is there are endless copies of the system and if the owner/s wants to award the $35,000 cash prize to his affiliates, then he’ll need to get a lot more than 11 customers to join.
(2.) The other piece of misleading information is the image that claims the system is featured on CNN, Yahoo, Google, MSNBC.com. Technically, this bears a little bit of truth in the sense that there could be blogs of Copy Trade Profit, that rank in Yahoo or Google, but the point is this system hasn’t been directly featured or endorsed by the above companies as claimed.
(3.) Don’t be mislead by the figure that shows the monthly total income earned by the system. It’s placed there like a shiny object to distract you from what’s actually happening. If you refresh the website page you will notice that the figure will reset back to the original amount. I’ve come across this before in previous system reviews.
So at this point are you still asking yourself, is copy trade profit a scam? let’s see what else I’ve discovered below.
More Lies?
The sales pitch offers its customer the opportunity to make huge sums of money and even shows screenshots of bank accounts as evidence. The problem is this so-called evidence is easy to fake using photoshop or to copy from other sources. There’s no way of verifying that its legit- it could even be money made from previous scams!
We are then told a story about how the owner was a victim to a number of scams and ended up with useless systems that didn’t make any money. If he’s looking for sympathy he won’t find it here.
The author then tries to make the system appear exclusive and top secret as if he didn’t know that we would be viewing the product from a public site that anyone can access. Nonetheless, we are asked to keep the system under wraps.
Next up is the customer testimonial section which, unfortunately can’t be verified and the testimonials are provided in plain text but if I were to guess, I bet the author wrote them.
If you are new to trading and wondering whether it will work for you, the author claims that he can help you and has a solution to your problem. He claims it will work even if you have no previous knowledge of trading. I can already see the metaphoric fishing net being reeled back in with unsuspecting victims.
How Do You Sign up to Copy Trade Profit
You are asked to provide your email address for the signup process and asked for it again. Why? It happens a lot with Binary Options scams because the initial email address is sent to the system owner who then spams your inbox and/or sells your details to a 3rd party. The 2nd sign-up form is to register with the Binary broker.
We are then shown customer testimonials and trading information that’s made to look real.
Testimonials
The picture below, used for a customer testimonial, is in fact taken from an actor’s profile picture. He has been given the fake name Bradley Jener and the occupation of a driver. I don’t think this is the type of acting he aspires to do.
Pros:
- No lengthy sales video to sit through.
Cons:
- Fake customer testimonials.
- Misleading revenue figures that reset when you refresh the website page.
- Credit card details are not secure as the payment is not handled by a secure 3rd party.
Conclusion
The owner of this system, whoever he or she is, is dishonest and misleading from the onset. The only guarantee provided is that Binary Options Trading, using an automated trader, is a high-risk strategy to try make money.
If you want to learn how to make real money online, read my top recommendation right here.
As we wrap up the review are you still asking yourself, is copy trade profit a scam? Absolutely. It has all the usual warning signs and promises that never materialise into a profitable business. I would stay away from this system and use the recommended method to make money.
