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Scott Evans
23.11. 2017 00:00  | 

Trading online gives you a lot of opportunities, much more if you have started trading when the first ever cryptocurrency was introduced in the market. The first cryptocurrency, Bitcoin, has not gained much attention to traders online not until it’s value has reached a dashing 4-digit figure. Yes, a Bitcoin now cost $$$$, imagine how much it’s value way back then that you’ve wished you’ve invested more and have gained a lot lot more today. Let me guide you on the basic og Cryptocurrency and how it works.

What is cryptocurrency mining and how it all started? Cryptocurrency mining is the process by which transactions are being verified and added to a public ledger—which is the primary means of releasing cryptocurrency as a decentralized form of money. A technique called cryptography which uses elements of mathematical theory and computer science that evolved during World War II to secure data tightly is being used. To date, cryptography is used to secure communications, information and money online—without having to go through tight and waste of time processes in banks.

With the start of the first decentralized cryptocurrency which is Bitcoin in 2009, a lot of cryptocurrencies are now emerging in the market such as Ripple, Dash, Ethereum, ZCash, Monero and the recently added Litecoin and Dogecoin. Introduced in 2009, Bitcoin has been distinguished as the first cryptocurrency. Since then, these cryptocurrencies burgeoned in use and popularity. Do you know that there are more than 900 known active forms?

Mining cryptocoins has rewarded its early adopters. Nowadays, there is a ‘digital gold rush’ where cryptocurrency miners can make a small profit through equipment investment, and then spend months mining for cryptocoins to recuperate one’s investment. A person can retrieve $1000 in hardware costs in about 18-24 months.

For beginners, Litecoins, Dogecoins, and Feathercoins are three Scrypt-based cryptocurrencies that provide the best cost-benefit ratio for beginners. Bitcoins are not a good choice for beginners because it is more complicated to process, which makes it unprofitable for consumer-level hardware. However, if you are diligent and have the capacity to learn and invest, Bitcoin would be the best choice to go with.

Litecoins, Dogecoins, and Feathercoins, which are all highly accessible for beginning miners, can make people 50 cents to 10 dollars a day with just consumer-level mining hardware. Think of cryptocurrency mining as gathering ‘digital gold dust’ instead of ‘collecting actual gold nuggets.’

Cryptocurrency mining aims to accomplish three things, namely: (1) addin transactions to the blockchain for security and verification; (2) releasing new currency; and (3) keeping miner’s personal cost down, including electricity and hardware. POW (Proof of Work) should contain the individual blocks added by miners.

What’s needed to for mining cryptocoins? Here are some:

  • Coin wallet. This is a free private database that stores miner’s earning and keeps a network-wide ledger of transactions.
  • Mining software. This package should be made of cgminer and stratum.
  • Online mining pool. This is an online community of miners who combine their computers to increase profitability and income stability.
  • Online currency exchange. This is online website where miners can exchange their cryptocoins for conventional cash, vice-versa.
  • Reliable full-time internet connection. Ideally, 2 MPS or faster.
  • Hardware setup location. Miners can situate their hardware in the basement or in any other cool and/or air-conditioned space.
  • Desktop or custom-built computer. Miners can use their own desktop, but having a space desktop is recommend. Laptops, gaming consoles, and handheld devices are not ideal to use in mining for it is not effective enough to generate income.
  • ATI graphics processing unit (GPU). This will cost anywhere from $90 (used) to $3000 (brand news). The GPU will be the mainstay for accounting services and mining work.
  • House fan. Mining generates substantial heat, and using house fans can greatly help in cooling your hardware during the mining process.
  • Personal curiosity. Miners should be adequate readers and learners, as there are dynamic technology changes and new technique for optimizing cryptocoin mining results.
Scott Evans
20.11. 2017 00:18  | 

Bitcoin2x is cryptocoin that should be made after the radical change of protocol in Bitcoin, which ultimate goal is to get bigger the space in a block, get better speed in processing and to low costs. This radical change is known as Segwit2x. Bitcoin2x made a price explosion even before it came out, which only happened to some cryptocurrencies.

What could happen after the radical change of protocol (which is going to happen until the end of November 2017) is still unknown for us, but we can assert with great certainty that the mentioned event will have a big impact. If it does not have a big impact main actors of the world of cryptocurrency will not support it.

In the article of Forbs in July Bitcoin core developer Eric Lombrozo said that the moment that comes in November is deciding whether to remain a single network or will split into two, indicating that all Markets must agree that the Bitcoin is not what it used to be. This article also contained comment from Hoffman who said that this is not a hundred percent sure thing to happen, and that this will be a long difficult controversial time period.

Why November Will Be The Real Test For Bitcoin

New coins will be certainly supported by various exchangers, and if the media involves in this it will definitely attract new investors due to better transactions at its disposal, low payments, tons of news, etc. In this way, a quite understandable excitement about Bitcoin2x will be created. Next what can happen is that Bitcoin2x can substitute Bitcoin.

As stated in a recent article in Fortune, no one can predict with certainty which of them will hold the leading position, but:

If most miners get behind the proposed split-and stay behind it-that will likely make the big block version the de facto official version of Bitcoin.

One thing is sure, if exists currency that should explode next it is most certainly Bitcoin2x.

Bitcoin2x, Segwit2x, Bitcoin, changes
Scott Evans
20.11. 2017 00:17  | 

Simplest, blockchain ledger we can observe as a huge database with the continuous list of records called block. Every block is linked to the previous block, and this is how blocks come in chain. The list of record are secured by the method of cryptography. Blocks or as we called them records is the private ledger that contains information about previous transactions between two parties. It works through peer to peer network and the protocols for validation of new records. If some user want to change the ledger it has to change the entire database. Simpler, that user who want to change data need consent of everyone involved in the blockchain.

Satoshi Nakamoto, individual or group of people behind this name published in 2008 Bitcoin\'s core was the blockchain ledger, it was the first usage of blockchain technology and the great problem of digital currency called double - spending was solved. Double spending is the situation where one token can be spent more than one time, which is leading to the inflation of currency. The issue of inflation is solved with the blind signatures and secret splitting. Interest fact is that blockchain technology solved all of these problems without using any central authority or server so the ledger stayed decentralized. Digital information through the ledger are distributed, but not copied.

Blockchain technology became a part of the Internet societies. Blockchain can record not only the transactions, it can record anything else. The best example is the Ethereum platform that are using Blockchain in the way that individual can develop their ideas and get funded in ether, the currency of Ethereum platform.

Blockchain, ledger, Bitcoin, transactions, records
Scott Evans
20.11. 2017 00:16  | 

To make something clear. Bitcoin does not exist in physical form, like dollar or euro or other currency, you don\'t keep your Bitcoins in your Bitcoin wallet, you are keeping the keys and addresses. But here are some really interesting facts about Bitcoins.

People are printing logo of Bitcoin on cardboard and trying to convince people with zero knowledge about cryptocurrency that this is Bitcoin that is worth more than $6500 these days. We are all agreed that this is ridiculous, but we also know popular phrase that is saying if it works it isn\'t stupid. And believe me it is working. In the time when price of the Bitcoin was about $2000, scams was selling above mentioned piece of cardboard called Bitcoin for $17 telling people that it will reach enormous value. We can also see this kind of pseudo cryptocurrency trading on Aliexpress. Facebook or other social media were also a place where people, concrete some Russians were trying to sell \"physical\" Bitcoins.

And now, when we mentioned all of the insane ways to make money from selling fakes Bitcoins. Let\'s talk about the truth. It is impossible to fake Bitcoins, because Bitcoins doesn\'t really exist. Bitcoins are so called virtual space that are located in huge database called Blockchain moving from the one place of the network to another, thanks to transactions.

Theoretically, there is some possibility to fake Bitcoin with the fake transactions, but it is only possible if so called 51% attack had happened. What is 51% attack? It is a situation when a group of miners get access to over 50% of the total network mining power. So basically if this happen than we can talking about scams, because this group can control the entire system by approving or rejecting the transactions. It is not that unrealistic scenario, the top 5 miners today have about 70% hash power.

Scams, fake bitcoins, blockchain, transactions, miners
Scott Evans
20.11. 2017 00:16  | 

A smart contract is a promise technology both in the financial world and outside it. In its application blockchain technology is used and unlike ordinary contracts, it functions completely autonomously.

The World of Smart Contract Is Here

Bitcoin and smart contracts can significantly increase the scope of one company\'s business opportunities both in term of day-to-day activities and their increased efficiency, as well as in terms of cost reduction.

Bitcoin as a means transferring value technology will certainly enable the transformation of our lives as no other technology has done so far. But in order for this to happen, people have to determine their own opinion about it. It is shared at this point, for ones it seems extremely meaningful, while on the other hand for others it seems absolutely meaningless.

Smart contract will enable automation of employee payouts, dividends, making payments without any contact. Their concept covers various aspects of business and finance and is therefore considered technological miracle.

Today is still impossible for consumers to automatically complete all transactions without any intermediaries and without contact. The current transfer of value is facilitated by bank that is a broker between the store and the end user. Also, transactions are not possible without typing the PIN code, or without swiping the card. The foregoing is acceptable for now but in the future we need to strive for improvement, the improvement will lead to benefits for all involved parties. With the help of smart contracts an ecosystem will be created in which payments will be made automatically when the user scans the code, and in the short term the funds will be settled, the fees will be small or none, and all of these will lead to the advancement of the economy. This idea can became real only if companies get the possibility to bring smart contract to the masses. At this moment only the Ethereum project is working on smart contracts, which are linked to a public blockchain. Bitcoin blockchain does not prefer the Ethereum blockchain as it has been subject of difference security concerns.

Private Blockchains Are Not All Bad

The best way to test the reliability of smart contracts in a financial environment is a private blockchain, but this advantage is currently clear to a very small number of people working in this environment, but certainly some of them would give a chance to this technology.

Is it understandable that people need time to accept new technology and become aware that private blockchains can lead to development of innovations in smart contracts, but at the moment when this happens there must be a ready/made working solutions so that idea does not break down.

smart contract, Ethereum, blockchain, transactions, Bitcoin
Scott Evans
20.11. 2017 00:15  | 

Device of trading bots has not proved its effectiveness in using. With Bitcoin and Ether there is price stability at this moment, but predicting their future movement (growth or decline) no one is able to determine, not even an automated Bitcoin trading system. The desired aim could be accomplished only if program reacts in the right time.

What is the working principle of these bots? They use an automated trading system to trade in a foreign name through direct connections with online exchange. In the mentioned trade they certainly do business by adhering to certain rules and monitoring the movement of prices. The question that arises is whether these systems can be profitable? In response we can not be quite sure since it is confirmed from the early rich Bitcoiners.

Trading in different exchanges is one of the way of making these systems profitable. Buying all the bitcoins on tertiary Markets and re-placing them on new Markets where there was none has opened the possibility to create new and not to follow existing trends, and that is exactly what one of the first user of trading bot technology did.

The development of technology has created a new opportunity to make profits through automated trading, so the inability of inter-exchange trade does not mean impossibility of making a profit. Through new technology the profit making relies on the use of computers, which unlike people are not intuitive and they do not rely on rumours, but they do sophisticated analysis that can be the starting point for automatic online trade.

The basis for the trade of bots is often exponential moving average. Given systems are based on monitoring of price movements and setting of certain criteria for prices and setting of commands buy or sell when the price meets the set criteria. Big lack of trading bots is that it never responds in time but always too late, and therefore some improvements were included. With EMA there was improvement with double and triple exponential movement averages.

At this moment it is not possible to answer whether this is profitable or not. It\'s probably not unless you are able to develop your own algorithms needed for the operation of trading bots. Still, as there is evidence of successful functioning, many traders set up different online store programs, for example: Butter Bot which offers you simple plug-in on your Chrome browser, or CryptoTrader through which you can get new opportunities to optimize your trading bot.

Bitcoin, trading systems, exchanges, profitability
Scott Evans
20.11. 2017 00:15  | 

Blockchain is a technology that has appeared and shocked a large number of entrepreneurs and seller who are trying to achieve financial security in an unorganized market. As the Bitcoin is the most widespread cryptocurrency today, the emergence of BitConnect has certainly led to the excitement of passion.

So what exactly is BitConnect?

BitConnect is an open source all in one Bitcoin and crypto community platform designed to provide multiple investment opportunities with cryptocurrency education. It provides multiple investments and guarantees RoI to its investors. This platform is based on a system in which each investor needs to withdraw more investors and for every one investor he bring he receives a certain commision, as well as a chip with cold money for an initial investment.

The promotion of this platform was done through social networks (spam mail, facebook, youtube, etc.) and it is possible that you already met somewhere with it. Since the advertisement lists big results with minimal investments, we consider it necessary to drain a little deeper into the basis of the BitConnect.

Here’s what we found

BitConnect’s Primary Selling Point is its Trading Bot Tech

BitConnect claims that with its design of a new bot it can be realized 1% RoI daily. This is absolutely unrealistic because it would mean 365% of the return on assets is realized annually, and real investors know that the real achievement is between 25 and 30% of return for year. What is the worse is that all the information about their new trading bot are extremely secret, so if this kind of bot really exists its technology could be applied to all kind of traditional financial Markets.

Their Referral Program Guarantees Paid Commissions for All New Lenders/Affiliates Who Join/Invest

On their website you can find an information that all affiliate commisions will be paid to your wallet on BitConnect, but what is suspicious to every potential investors is that their commision scale is based on the level you have achieved inside their system of older and newer investor. The worst part of the statement which is given on their site is that they can at any time stop the affiliate and the associated user. This statement certainly leads to a loss of confidence.

The Affiliate Base/Demographic is Massive and Expanding

Every affiliate is claiming that they have made huge profits from their investment, you can not find any affiliate on their base that tells you the opposite, so this does not seem to be real at all.

In the end we would not suggest anyone to take investment on BitConnect right now, because it really looks suspicious because it really looks like a Ponzi scheme, whereby in the first years of investing, small investors make profits and their eyes are bothered by that fact, but in the end as a result of all the big scams the small investor who make the base of the pyramid were hurt by loosing all what they invested, while those who were on top pyramid get away with money.

BitConnect, investors, affiliate, pyramid scheme, scam
Scott Evans
20.11. 2017 00:13  | 

When we are talking about every technology adoption process, about any progress it seems pretty logical that people with a decent technology knowledge and open - mined people, or as we called them early adopters are accepting something new, in this situation we are talking about new way of financial transaction and payment method. But number of these people is relatively small compared to more conservative population, that need to be reached in the recent future.

The fact is that people will not accept Bitcoin until they find out what kind of benefit can it give and how can make our lives easier. When Bitcoin became accepted as a valid payment method, and it will become in a very close future the adoption will rise enormously. We are talking about very close future, as we can see there are many online businesses that invented Bitcoin as a valid payment method for their customers.

Every government can be a problem in the adoption of the Bitcoin. Here is reason why. Governments all over the world are feared that Bitcoin is a threat for traditional fiat currencies that are centralized, Bitcoin is not. That mean that no institution, and no government have full control of the Bitcoin and the fluctuation within the network. Example of government fear is China. China banned Bitcoin in the country, and that is not helping in the globally adoption of Bitcoin, opposite it is decreasing the rate of adoption.

Bitcoin and its network generally are unstoppable. Sooner government realized this fact, the sooner will Bitcoin became widely adopted.

progress, adoption, Bitcoin, government, threat
Scott Evans
20.11. 2017 00:12  | 

We are all know that financial institutions can\'t wait to charge us a fee to almost every single action that we are taking such as transferring money, assets, goods, rendering a service there is always a fee by the standard of economic scenario.

When you are transferring money from your account to another account that is placed in other bank, your bank will charge you a pretty high fee because you are reducing the amount of the cash that you were holding in specific bank.

Even Bitcoin is a decentralized economy, miners record transaction based on fees paid when transferring, basically we are saying that transferring Bitcoin from one wallet to another with no fee would end at the bottom priority for being recorded in the blockchain and the transaction with the high fee would end with the high priority for recording into the blockchain. Literally, the network is trying to convince you to pay some fee, and the fee in the Bitcoin transaction can only be Bitcoin, so basically the amount of sent Bitcoins is not equal to amount of received Bitcoins.

So, theoretically the answer is yes. Moving Bitcoins between wallets are resulting in a money loss in the form of the transaction fee, but this fee only providing uphold of the network.

The transaction fee that are most Bitcoin processed are below 0.001% so if you move certain amount of Bitcoins several times, your loss will be extremely small.

Transferring, transaction, blockchain, Bitcoin, network
Scott Evans
20.11. 2017 00:11  | 

There is certainly more than one difference between these two cryptocurrencies. Form the view of the layperson whose one and only intention is to transfer value in the form of cryptocurrencies within ecosystems PayTM and Bitcoin are just a little different, but from the technical side the difference is huge.

Some of the main differences between PayTM and Bitcoin:

  • Both cryptocurrencies PayTM and Bitcoin are using for transferring funds in the for of rupees and Bitcoin.
  • Centralization versus decentralization. PayTM is a centralized cryptocurrency and Bitcoin is decentralized.
  • PayTM is a company, Bitcoin is a network composed of many individuals.
  • When there is a problem with transfers Bitcoin are solving problem with consensus while PayTM have to be contacted to look into payment procedure.
  • Bitcoin is completely anonymous, PayTM required to document all transactions to pay taxes.
  • Ledger are maintained by PayTM within their ecosystems while Bitcoin transaction are public on their blockchain.
  • PayTM is based of primitive tech stack while Bitcoin is based on blockchain technology.
  • PayTM is a subsidiary company on One97 communications while Bitcoin is Public, it is not owned by any singe company or entity, but by the network.

There are more other differences between PayTM and Bitcoin mainly because both are very different in many aspects excepts their main task, and we know that both of these cryptocurrencies was developed to transfer value.

PayTM, Bitcoin, centralization, decentralization, technology
Scott Evans
20.11. 2017 00:10  | 

The fact is that the Ethereum is based on advanced concept comparing to Bitcoin. Bitcoin was the first cryptocurrency developed ever, so it is logically that all the new cryptocurrencies has better concept in the foundation. So Ethereum is beating Bitcoin in their intrinsic values.

To make something clear in the start, Ethereum is not just a currency, it is a platform on which anyone can do the realization of their ideas. This is the reason why it is said that Ethereum is providing to its users more than Bitcoin will ever do. People with Ethereum platform can develop their projects, programs, applications. How is this working? Every kind of this project, programs or something similar can be funded within an Ethereum network with the Ethereum\'s currency called Ether. Many people are saying that Ethereum is a way more than a method of payment, it is a community, community that are helping people with ideas and without funds to develop ideas.

The numbers are also on the Ethereum\'s side. Making transaction with Ethereum is lower than making transaction with Bitcoin, especially when we take the computational power in the comparison.

When it comes to the actual price, there is more fact that are affecting besides the advantages that we mentioned above. It is not about the technology, it is pretty simpler. Bitcoin was first cryptocurrency, even that is directly implicating the fact that all newer cryptocurrencies have better concept in foundation, it is also implicating the fact that the amount of money is a way higher invested in Bitcoin in comparison to other cryptocurrencies. Bitcoin gained the popularity globally, that is also advantage.

When it comes to long terms, Ethereum has capacity to became world\'s number one digital money. It has safety protocol that are more advanced and their smart contracts are safe and fair. Because of these facts and the facts that we mentioned in the text above, many people are believing in Ethereum.

Ethereum, Bitcoin, concept, platform, smart contracts
Scott Evans
20.11. 2017 00:08  | 

You will never find simpler answer to the above question that this. It is a software that you are using to communicate with the Bitcoin network to tell other users that you want to send and receive transactions. For example you can compare wallet with your e-mail. When you get your e-mail address you need some software to use the address, without software you can\'t send or receive mails. It doesn\'t matter if this software is on your phone, laptop, MacPC it is important that you are online. You have your username and private password, and that is how internet know this is your e-mail. If you tell someone your e-mail address he can send e-mail to you but can\'t send e-mails from your address. Someone will be able to send e-mails from your address only if he knows your password.

It is similar with the Bitcoin wallet. Bitcoin account have two elements, it is public address just like your e-mail address and the second one is private key, just like password with the e-mail example. You can give anyone public address so they can send money to you. Your private key is named private key for a reason, you should never reveal it to anyone.

If someone gets your email password it is a problem, because they can send e-mails from your account, but it is not bad as someone gets your Bitcoin private key, they can send all of your Bitcoin to someone and that is big problem for you.

Just like with e-mail, once you sent the message there is no return only if the user from the other side of the transactions want to send you your coins back. It\'s like digital cash, once you give someone amounts of cash for some product at the store it\'s no longer yours. But all of this let\'s call it steals could happen only if you give your private information to someone, so keep your private key to yourself.

Bitcoin, wallet, private key, public address, stealing
Scott Evans
20.11. 2017 00:07  | 

Just like in others scenarios we have constants and variables. Same thing with Bitcoin:

  • Constant amount. Bitcoins supply is fixed and the number of Bitcoins is 21 Million Bitcoins, not single coin more.
  • Demand represents variable.
  • Death of the person is certainly a constant.

To make a resume. If person that posses a certain amount of Bitcoins dies, without revealing private key to anyone, no one can access person\'s wallet, to make long story short no one will ever be using these coins if don\'t have private key of the person\'s wallet.

As the demand is the only variable in this situation, if demand increases, the value will definitely increase too.

From a Security Standpoint:

Anyone\'s wallet can be accessed only with private key and public key together, it can be obtained using brute force but this process need time, and by the time we are talking about years and years. And using a brute force to get private key from person who dies without giving private key to anyone can take longer than person lifetime, so basically there is no way to get the private key.

Simple example, let\'s imagine a situation in which the person A and person B are two sides of the transaction. If person A want to spend the bitcoins form person\'s B wallet, he need person\'s B private key to sing the transaction otherwise he will not be able to spend anything from person\'s B wallet.

Wallets are secure with the special AES 256 CBC encryption, let\'s take another example here: If we assume that every person on the planet owns 10 computers and there are 7 billion people on the earth, Each of the computer can test 1 Billion key combinations per second and the average of cracking the key is 50% of the possibilities. The earth\'s population can crack one encryption key in years.

So the answer is yes, all bitcoins without the private key are unusable.

Bitcoin, private key, death, Bitcoin wallet, encryption
Scott Evans
20.11. 2017 00:06  | 

SegWit2x was almost there to became a Bitcoin hard fork, but it has been cancelled by the members of network behind the original initiative. It should have happened on November 16th. Why is cancelled? The answer is pretty simple, it failed to convince enough people to join SegWit2x and make this blockchain the new mainstream Bitcoin blockchain. The idea with SegWit2x was to improve the scalability of Bitcoin and to increase the block size to 2MB.

It is way important to keep the community united than to introduce some technical innovations. Although they strongly believe that a larger blocksize is something they are need, the team behind the cancelled upgrade consider that is more important to keep the community together. They are aware of problem that they did not successfully built consensus for upgrading blocksize this time, and they know that this could be problem for the community. Dividing the community and disturb Bitcoin\'s growth can be consequences for continuing on the current path.


Competing to a leading mean of exchange with the new, younger, technically better and advanced coins could be harder for Bitcoin. But Bitcoin\'s position as a number one cryptocurrency these days is stable and more important it is not threatened. Speculators could capitalize newly created coins but they did not use an opportunity to do this, but it is not a major importance for the market. Bitcoin reacted with the big increase of price but it was corrected later.

Bitcoin, community, hard fork, SegWit2x, blocksize
Scott Evans
20.11. 2017 00:05  | 

The answer is no. The fact is that the number of Bitcoin is limited, there is 21 million Bitcoins. It can all be mined, but even we mined all the Bitcoin it doesn\'t mean that they are going to disappear. Also, the difficulty of mining is adjusted to the power invested in mining so if there is more mining power it is higher difficulty to mine Bitcoins.

Here is some facts that can danger Bitcoins:

  1. As we already said, number of Bitcoins is limited to 21 million ( we are somewhere at the number of 17 million at the moment)
  2. People forgetting private keys of their wallet, dying without telling someone about their private keys, etc. This is the reason how certain numbers of Bitcoins being lost everyday.

So, the number of Bitcoins in circulations when we mined all of 21 million Bitcoins will start to drop. But simply economic law will take the part of this situation. If the supply is decreasing, the price is increasing.

It is pretty simple, if most people want something, certain number of these people will pay more to get it. Than the sellers of wanted products or in this situation coins are starting to realise that they can sell their Bitcoins for more money.

So, besides constants that number of Bitcoin is limited, we have two variables:

  1. Bitcoin adoption grow every year so, more people using it, demand start to growing
  2. As we said there are some examples of why the number of Bitcoin in circulations is dropping (again it is a prediction what will happen when we mine all Bitcoins) which decreasing the supply.

Again, simply economic rule is in power. When everyone wants something that only a few have, the price of the thing is going way up.

If we consider the fact of high adoption and growth number of Bitcoin transactions that will lower rewards for people that are mining, lost coins, and other factor that we mention in the text, which lower supply, opposite happening with price, it goes up.

Basically we will not run out of Bitcoin any time soon, but the higher price for one coin is pretty sure thing to happen in recent future.

Bitcoin, demand, supply, price, mining
Scott Evans
20.11. 2017 00:04  | 

If you think that investing in cryptocurrencies guarantee you a profit, you are wrong. It is not that simple as it is in the traditional way of investing, where you invest decent amount of money, and waiting for your profit to come. Investing in cryptocurrencies implies first at all to have knowledge about specified cryptocurrency that you are investing to. And the other side is that investing in cryptocurrencies is a way to exchange value. As value of cryptocurrencies varies day to day, you must have ability to estimate when it\'s right moment to sell or buy some cryptocurrency.

As we said without the knowledge of finance and global trends of investment in online networks, the person should invest in traditional investments.

After the incredible rise of Bitcoin everybody is trying to figure out, which cryptocurrency has potential to grow like Bitcoin. Here is some factors that influence to a successful cryptocurrency:

  • How it\'s currency used by tradespeople
  • Low predictability implies low chance of great oscillations
  • More people using the networks, greater chances to success
  • It is important how users adopted cryptocurrency
  • Security
  • Simply usage for users
  • The cryptocurrency must be observe as big potential

Here is some characteristics that investor must consider while choosing cryptocurrency to invest in.

Even it is hard for everyone to predict a future, it is not that hard to see the goal that some business has, are they just offering some product, or they have intended to expand the market. So one of the key factor for a long time success is developing a wide users of network.

It is very important to look for project that has a strong background, just like Bitcoin and Ethereum has, not to look for the project that will be useful in the short run. Basically investing in the cryptocurrencies means that in every moment, investors need to look the long term side of the investment, not short one.

When it comes to decision to chose network it is very important factor that network need to be widespread with a circulation of high amount of values.

Let\'s take a summary of the text above, if you are considering invest to cryptocurrency, explore its background, research the security that platform offers. With these the factors in mind, you can choose a long term investment in cryptocurrency.

cryptocurrency, network, investment, security
Scott Evans
20.11. 2017 00:03  | 

Bitcoin blockchain is based on a pretty simple concept. It is a distributed ledger, we can observe this ledger as big database distributed in multiple places at the same time. Basically if someone wants to hack Bitcoin, he had to attack all the ledger at the same time, which in real life impossible.

So, hackers can\'t hack the blockchain, but this doesn\'t mean that their are not stealing Bitcoin. They do. They are stealing Bitcoin and not hacking the blockchain, how is this possible? Simple explanation, if hackers hack website, this doesn\'t mean their hacked the whole internet. Long story short, hackers are attacking other player that operate with bitcoins such as exchanges, wallets not the blockchain.

Above 30% of cryptocurrencies exchanges was the target of the cyber attacks. Mt.Gox is a perfect example how can exchange be victim from an attack. Still, it is not about attacking Bitcoin. The Bitcoin blockchain is staying stable at the moment, and we have seen the reason in the text above, why this blockchain can\'t be hacked or destroyed by hackers.

Still, there is a three possibilities how can Bitcoin protection be disturb:

  • 51% attack - theoretically if a group of miners got access to above this percentage of the total network mining power, security of the number one cryptocurrency can be disturbed. The group of miners that theoretically own a 51% of mining power, can block any transaction or permit double spending of coins. It would be really irrelevant security, miners still will not have possibility to generate free Bitcoin for them, but there will be panic within the users for sure. Again, is it realistic? The answer is yes, and we can see this in the fact that five largest pools for mining have 70% of the mining power. If there unit their power, they would be decisive for Bitcoin future.
  • Hard fork - it can be organized by the group of miners and Bitcoin users if they have some plan to split Bitcoin and took it to another way. Creating some new coin can be tipping point, because demand for old coin will fall down such as price and everyone would like to have the new coin.
  • Attack from Quantum computers - experts says that transaction can only be hacked by the quantum computers attack, but we are about 10 years ago before these computers, so we can be pretty sure that someone will develop a protection from these attack by that time.
Bitcoin, hacking, blockchain, miners, quantum computers
Scott Evans
20.11. 2017 00:02  | 

Bitcoin as a decentralized currency can be in many ways good for African people, especially if it will change traditional way of trading to a trading in a higher level with other countries and encourage people to invest in cryptocurrency networks.

There are more ways how it Bitcoin used in Africa, for example South Africa is most developed country, Nigeria and Kenya also established network of users and in mentioned countries users can trade their Bitcoin for a local currencies through online exchanges like Luno, ICE3X, BitPesa etc.

Besides the fact that African people are using cryptocurrency as a online payment method, they are using it for creating online wallets and transfer money by central banks of their countries. M-Pesa, mobile service that offers payment in cryptocurrencies via standard devices, and other cryptocurrency mobile application are on the rise. Africans very often use Bitcoin to place bets via online sport bet websites.

Biggest online marketplace that accepted cryptocurrencies as a valid payment method is Bidorbuy. As the number of users of this marketplace is increasing the number of miners are also increasing. Ghana Dot Com or shortened GDC is first African Bitcoin mining recently established.

As always, every new thing that appear, especially when we are talking about technological progress, are showing insecurity among people. People don\'t believe in security and anonymity of cryptocurrencies, still don\'t have confidence in digital currencies.

World Bank had relieved data that Africans who lives and work outside their continent, sending back to native continent about 32 billion dollars per year. Kipochi and M-Pesa have already developed programs (between M-Pesa and Western Union) for the people that are sending money back home.

To resume, Bitcoin becoming reality and taking part of Africans financial management just like in other countries. There are some pretty useful methods of using Bitcoin in Africa, and we can be sure that more of this method, new platforms and exchanges are about to come in Africa in recent future.

Africa, Bitcoin, exchanges, mining, adoption
Scott Evans
20.11. 2017 00:01  | 

Traditional fiat currency is centralized and digital currencies like Bitcoin are decentralized. Without a decent knowledge of this two terms, you wont be able to see the benefits of either option.

The Downfall of Centralized Currency

While people think that printed on - demand currency is overrated, it\'s really not. Every governing body around the world can print more fiat money, by increasing total supply of fiat money all money in circulation become less valuable.

Backing a fiat currency is the past. US dollar has not been tied to asset for some time, in fact every US dollar in circulation today is backed only by \"the full faith and credit of the United States\". New money is sending to one of the twelve Federal Reserve Banks. There are two privates - owned Federal Reserve Banks, which mean that group of people are determining the wealth of nation.

Also Federal Reserve can \"inject\" new money by purchasing Treasury Bond, or they can just purchase loan to finance the debt of entire United States.

How Decentralized Currency is Different

The most popular cryptocurrency today is Bitcoin. It has a fixed supply of 21 million coins and no coin over that. With increasing value of Bitcoin and making mining even harder it will take until 2140 to mine all bitcoins.

Mining is the only way how circulation of Bitcoin can increase, there is no option of printing additional funds. As a reward for mining additional coins Bitcoin miner receive the privilege to spend these coins first.

Bitcoin is a decentralized system which mean that no one have control of the network, all fund are controlled by the people in network. Anyone can mine Bitcoins, until the 21st million Bitcoin is mined.

Unlike fiat currency that is under control of one institution, that are controlling money supply, Bitcoin is driven by the consumers. It has no point of failure, which is making the network more secure.

When you spent one Bitcoin it is directly putted back in the system. When you spend certain amount of cash, it is kept outside of the system until it is brought to the bank and the bank put it again in the circulation which can last specific time.

Fiat currency, cryptocurrency, Decentralization, Centralization, network
Scott Evans
20.11. 2017 00:00  | 

It is not important what kind of business is company engage in, the fact is that marketing is one of the greatest weapon to attract new people to the company, or product, or service. Marketing in the world of cryptocurrencies have some different kind of role. Marketing effort are aimed to people who are already a part of the network. It is a difficult task to create a good marketing campaign but it doesn\'t need to cost a million dollars to do it.

Revamping The Marketing Campaign Idea

We are living in the world with the huge numbers of professions, so it is a completely natural for a business people to know absolutely nothing about marketing and how to sell their product to the people. If you have this kind of problem, you simply hire marketers, people that are specialized in marketing, have creative ideas and know everything about market and marketing.

Billboards are one kind of ideas, they can draw a glance from people passing by, but in most ways billboards or video walls are trying to sell to the consumers things that they don\'t even need or wand. So this kind of marketing is pretty outdated.

Social marketing is the weapon you need in today\'s world of business. People all over the world had to be connected with each other and the brand that they are using and this is possible only with social marketing. For example company such as Apple and GoPro have employed their customers to share the pictures and the videos with the other people.

The main idea in the world of the marketing is to wake up some kind of emotional reaction from the target audience, once consumers stopped caring about your design, advertising fail.

Marketing should evolve just like the business is evolving. It takes a lot of work and effort to make a successful marketing campaign. It is pretty exciting to look how is marketing evolving and it is even more exciting to be part of the marketing sector there days.

Use The Material Provided By The Bitcoin Community

The main concept of Bitcoin is differ from any kind of product or service, so putting the above kinds of marketing in the Bitcoin and cryptocurrencies in general is very hard task for marketers. It would be a lot easier to make marketing campaign for Bitcoin if Bitcoin became globally adopted.

Users of the Bitcoin are more than happy to participate with the marketing efforts. Spreading the word through the social media, creating videos and other content can be outsourced to Bitcoin users and company need to accept this opportunity before it\'s too late.

Bitcoin, marketing, campaigns, ideas, advertising
Scott Evans
19.11. 2017 23:59  | 

Bitcoin is evolving, that is the fact. It is evolving from the day to day, from minute to minute. So, doubtless, straight answer to above question is yes. Evolving of Bitcoin is advanced, so if you are not using network for a while, you need to update.

Updating network works in next steps. First at all, changing network can offer anyone, every user can start update then next step depend on miners. If there is a big number of miners who accepted this changes, entire network will be updated.

The system behind the network is very simply. Everything depends on miners. Miners have some kind of votes, and the power of votes depend on the power that is certain miner bringing to the network. The votes can\'t be faked. This is probably the best way better to make a decision, without any problems and discussions.

Progress is based on competition and even the forks are happening in this way. Fork can be created on purpose or without purpose. Fork is situation when blockchain gets an opportunity to evolve in two different ways. So basically, every users have a chance to choose the way of evolving. There are two kinds of forks:

  • Hard consensus fork is situation where invalid block are becoming valid, and every user have to upgrade to remain compatible with the network and other users.
  • Soft consensus fork have opposite way of ongoing. It is a situation where invalid block are becoming valid and again every user have to upgrade to remain compatible with the network.

Even most people say that divisions between users are not good for a network, actually it is a great way to introduce competition between Blockchain, because it is important for progress of network. In every few months or years hard fork can be useful in bringing the best decision for Bitcoin\'s future.

Bitcoin, Blockchain, Forks, network, progress
Scott Evans
13.11. 2017 22:09  | 

Zcash is a cryptocurrency which was developed by team of the scientist, advisers and engineers behind it. It offer complete privacy. Some of the great names such as Roger Ver, Barry Seibert and Pantera Capital took a part in collecting venture capital for the currency.

h>Decentralization is something that is common for all currencies, same thing with Zcash, it is decentralized and open source currency. On of the differ between Zcash and others cryptocurrencies is enhanced privacy or so called \"Shielded transaction\". The concept of Shielded transaction is the users of the transaction such as sender, recipient, and information about value can remain unknown to others if users wish that.

How does Z-Cash differ from other Cryptocurrencies?

As we mentioned in the text above, completely anonymity is the thing that differs Zcash from other currencies. Bitcoin and Ethereum\'s blockchains showing the value of each transaction and the parties which participate transaction. Z-Cash has a special proof to secure the network called zk-snark or it is also called proof of construction. Proof of construction is pretty effective way to protect transaction information.

Not every transaction need to be in shadow, the technology called selective disclosure allows user to reveal specified transactions, for example users can reveal their transactions of voluntarily and conveniently anti money laundering laws, or transactions for tax regulation purposes.

Zcash supply is limited, there will be 21 million coins and currently 2 million of them are in circulation. Bitcoin mining have so called 10 minute blocks, Zcash mining operates with 4 time bigger blocks with 2.5 block on average. All coins in the circulation are taxed which mean that a part of the value is distributed to company stakeholders.

Another differs between Zcash and other cryptocurrencies is that Zcash is a company it isn\'t open source community. This kind of organization has certain consequences. Whenever coin is mined so called Founders reward which is a reward for investor and workers it company, is distributed to them.

anonymity, Zcash, difference, mining, cryptocurrency
Scott Evans
13.11. 2017 22:08  | 

First of many reasons why you should avoid trollboxes are the often trying to make people sell their coins, doubt their decision by spreading Fear, Uncertainty and Doubt or so called FUD. Someone who want to buy certain coins, probably will make some incorrect and false information about that cryptocurrency, just to persuade you to sell your coins. But of course there is a simply solution to this problem, don\'t trust anyone and research information online.

There are also people who are doing the opposite thing from the above text. They are spreading the information how is some currency going to rise to the moon and such thing. This is a strategy to persuade you to buy some of the coins, and you are falling to the trap, so called FOMO - fear of missing out. Again, that one user who are persuading others just want to sell his coins, so don\'t trust everyone and do the research before a decision.

So to be clear, many people are using trollboxes just to spread a fake news and try to trick other people of the community to sell or buy certain coin.

The point of Troll box is that everyone has some kind of agendum. There are a few users that actually want to help you, but the odd of bumping into them are really small.

If you are making a decision about investment or if you are new in the world of cryptocurrency and you want to learn about digital currencies, do not use trollboxes or any kind of unreliable source.

Of course, there is always a good side of the every story. Sometimes you could find a really useful information from other trades on the troll box. Some of the exchange are not the same without its trollboxes, the example is Poloniex, the famous trollbox in the entire cryptocurrency world.

Trading, trollboxes, research, selling coins, buying coins
Scott Evans
13.11. 2017 22:08  | 

By the market capitalization, Ripple is in the top 3 cryptocurrencies together with Bitcoin and Ethereum, and the price of the Ripple are all positive so far, so Ripple can rise to something big.

There is really big profit, the price is increasing from day to day, of course price had some falls, but mostly the price is rising. The difference between Ripple and others cryptocurrencies may be the key factor why you should invest in Ripple. Namely, the Ripple is owned by the company that created it, which lowering risk and bring stability for investors that no one can manipulate the market. Another great fact is the high number of transactions that can be processed about 70000 per minute. More than 30 platforms already listed Ripple.

Another interesting fact, big banks like Bank of America Corp, the Royal Bank of Canada and Westpac Banking Corp are participated in the project of developing first interbank global payments group. It is a big move, banks will use the internal network for transfers and transactions to other banks. This will surely push the price upward.

That is all reason why is buy and hold strategy a best way if you are interested in investing in cryptocurrencies.

Assumption is that Ripple will not ever reach the price of Ethereum or Bitcoin, because there is a large number of coins supply, concrete there is about 38 billion coins in the circulation right now which is really high number compared to 94.8 million of Ethereum and 16.5 million for Bitcoin.

Even the Ripple will not reach the price of Ethereum or Bitcoin, it can reach the success achieved by these two most popular cryptocurrencies, and maybe sooner than everyone think. Main reason for that is the project with banks. If bank start using Ripple for their transactions and the majority of Ripple starts selling it, mass adoption and lot of different Markets are the future of Ripple.

Ripple, Bitcoin, Ethereum, coins, adoption.
Scott Evans
13.11. 2017 22:07  | 

When we are talking about Blockchain we are talking about reducing the intercessor and the value of transfers that intercessors are taking to them. But there is some new level of project, it is the tokenization of the real economy which has similarity to the phenomenon called Initial coin Offering.


Blockchain is called the Internet of Value. There is a huge number of cryptocurrencies that exist on the of the blockchain, which is a database or so called distributed ledger of ownership and transfers about these cryptocurrencies. These digital currencies, or token, can be used to represent some kind of asset or ownership of the real world object and properties. This is the definition of tokenization of properties and the real economy.

Tokenization Technology

Connecting the tokens and the real objects in the real world can involve a range of insurance companies, law firms, professional entities and many people from the different profession. Performing an individual valuation of assets, the provenance of the assets and many others factors these people are proving that the property can be listed on the blockchain platform, where investors can submit bids on how many shares of the property they want for certain amount of money.

Tokenization can really revolutionize the real economy. Almost everything can be listed on blockchain, like famous art works etc. Tokenization democratizes access to the investment opportunities which is traditionally only to the investors with a huge amount of money.

Tokenization in work

Initial Coin Offering is really focused on tokenization of the real economy. For example Maecenas, it is name after Gaius Maecenas an Ancient Rome artist. Maecenas is a new online art market that gives art lovers a possibility to buy shares in famous paintings. By purchasing the ART tokens, investors can buy and trades shares of masterpieces that are listed on the exchange.

Another example is LATtoke. The token is called LAT. With LAT you can get access to a wide range of tokenized assets which include shares of famous companies like Apple to commodities like silver and gold, real estate and so on.

It will not be long before tokenization take over the real economies Markets.

tokenization, investment, cryptocurrencies, blockchain
Scott Evans
13.11. 2017 22:06  | 

People can find private and anonymous cryptocurrency easier than ever before, these days large numbers of this kind of cryptocurrency are among us. The main factor if you want to invest in one of these is researching, always check legitimacy of cryptocurrency before investing, in other way you can lose all of your assets.

One of the relatively new cryptocurrency is Zcash. Zcash was launched in January 2016. The main purpose of creating this cryptocurrency was anonymity and privacy. Except the fact that this crypto is completely private and anonymous, Zcash has more positive features. Start up team developed an encryption called zk-SNARK, so it is untraceable, also it is legitimate and you can trade and invest freely on multiple Markets and exchanges.

Monero is also quite anonymous cryptocurrency. Monero\'s predecessor is altcoin called Bytecoin, difference between these two is speed of the emission. Monero is based on the CryptoNote method, developed by start-up team. CryptoNote is the method that provide you the anonymity by shuffling stealth addresses with some different sets of keys called ring signatures. Ring signatures is something like group signature, but you don\'t really know other member of the group. The number of users rising constantly most because it is very easy to trade with Monero.

Bitcoin became adopted because of its anonymity, so basically the anonymous transaction is the key factor. As we said, there is very large number of anonymous cryptocurrencies on the market. Dash is the cryptocurrency that are known as a safe one. There have been some issues with the volatility, but Dash survived it, and now it is a stable cryptocurrency.

Zcash, Monero, Dash, anonymity, privacy
Scott Evans
13.11. 2017 22:05  | 

The answer to the above question is no. Not at all. Besides the fact that Ether is a pretty stable cryptocurrency, it has some features and advantages when we compare Ether and other altcoins. Another reason why not to sold your Ether for Bitcoin Gold is the fact that Bitcoin Gold is not a good investment option at all.

Most people does not have a bright vision of the future of Bitcoin gold since it is a pretty difficult to give prediction about its future. But, we must say that people are selling their cryptocurrencies to buy Bitcoin and get free Bitcoin Gold. Since a huge number of users doing it, the price off other altcoins is falling down. There are many insecurity within people about Bitcoin Gold, is it a scam or not? We can be sure that it is not a scam. Giving a free Bitcoin Gold to anyone who buy Bitcoins with some other cryptocurrencies is a good strategy known as hard fork, so there is a stable background.

There is so many question and concerns about new cryptocurrency like the question is it Bitcoin GOld necessary on today\'s market? The answer is no, it\'s not. Bitcoin gold is still in the process of introduction to the users and it still have some kind of problem that need to be solved. One of this problem is that there is still no wallet for Bitcoin Gold. There is also a cryptocurrency that is based on the same algorithm that Bitcoin Gold will be using. There is also some other solutions, project Bitcoin Segwit 2x is another hard fork created by Bitcoin, and it seems to have some prosperous future.

Bitcoin Gold is developed with purpose to decentralize mining authority of regular Bitcoin. Ethereum has steady growth so selling it for Bitcoin Gold is not the best idea right now. Bitcoin from the other side, is always a good investment idea, it will became adopted worldwide it just a question when it will.

Ether, Bitcoin, Ethereum, Bitcoin Gold, investment
Scott Evans
13.11. 2017 22:03  | 

Together with Bitcoin and other cryptocurrencies Blockchain is the number one talk these days. Even there are many concerns about Bitcoin is it a bubble or not, almost everyone agrees that the technology behind Bitcoin is disruptive and it will grow until it reach the point and the point is adoption all over the world.

Jamie Dimon, CEO of JP Morgan who was criticize Bitcoin and cryptocurrencies as well agrees that distributed ledger technology (DLT) has great vision and it will change the financial sector. About blockchain everything is pretty much simple. It is a database distributed within a network or as it call distributed ledger. It is shared by all the network users and everyone has the same data, same ledger, even when a new data or transaction is recorded, everyone get updated their ledger, so then everyone in the same tame could have same data. The fact that the ledger is distributed within a network is saying to us that no one has authority and control on network. People who mines cryptocurrencies are responsible for approving transaction. It is a peer to peer system that removes all intermediaries which improve security and stability.

Blockchain and the Internet

The Internet is certainly the technology that changed our lives, the way we communicate, share information, study, work and so forth. People are saying that the modern technology is divided into the period before internet and period after internet. Everything that we are doing that somehow it is connected with internet. Many experts says that blockchain has a possibility to make as great revolution as internet does.

Here are some aspects of blockchain hype:
  • Blockchain could change almost everything
  • Big companies are using blockchain for different kind of jobs
  • People are investing in every project that is related with blockchain
  • People are thinking about blockchain infrastructure at the global level
  • Even people don\'t understand it completely they are sure that it can change our lives

Will the History Repeat Itself?

There are many similarities about the two phenomena but some experts warn us that the hype might reach the top level when it gets widely adopted, just like internet.

Just like internet, after the crisis from 1999, it didn\'t disappear, it continue its direction by shaping whole industries, same thing could happen with Blockchain.

Blockchain can really transform Markets and the whole way of businesses. Just imagine the situation in witch we can get control over every transaction, contract, transfer or any move inside a network. If we adopt Blockchain we can make transaction and peer to peer process to became full transparent, secure and easy to monitor them.

blockchain, revolution, history, internet
Scott Evans
13.11. 2017 22:02  | 

These days here is a lot of cryptocurrencies start-up to be, but most of it does not reach their target, so it can be pretty hard to find the right one. Many experts offer can help you with the predictions online, but it is not the most trustful method.

Of course there are lot of informations on the internet about current condition and possibilities of development cryptocurrency start-up.

ICO - Initial Coin Offering is the thing that you need. It is made by the number of companies and the main reason is to collect money. There are some websites similar to Initial Coins Offering.


Platform that is based on Ethereum concept that offers financial instruments that can be pretty helpful when it time to choose in what to invest.


Russian platform is developed to give you informations about indicators which can affect the decision about investment, but also ICOrating is providing you with information about blockchain companies and initial coin offering based on analytical information.

Online, ICOrating team are storing information to you about risk assessment, potential of investment, interest of investors and so on.

The Tokener

It is a website that are giving you a chance to always keep in touch with the newest information about ICO exposure. You can subscribe to their newsletter and, in that way you should always know the newest information about announcements and other information that can help you with the decision about investing in cryptocurrencies.

Always do your research before investing, get knowledge about new cryptocurrency by yourself, do not trust to any unreliable web site, ICOs can also be risky, so be careful.

start-up, cryptocurrency, ICO, investment, informations
Scott Evans
13.11. 2017 22:01  | 

Crowdfunding is an entire new concept of businesses. In traditional businesses if you have an idea, project or vision of some new business you also need some investors who will fund your idea. Concept of crowdfunding allows any person in the world to raise the money for their idea or project without financial player, this way anyone can became an investor through this platforms. Concept of crowdfunding creating a whole new understanding of businesses.

Incentivizing And Rewarding Participation At The Same Time

How can crowdfunding be such an interesting concept that are rewarding and incetivize participant for pledging money. You can support the project or inventive works you like by putting a small or large contribution, and crowdfunding platforms will reward you with a digital or physical gift.

Video games are excellent example for the success of crowdfunding campaigns. It is all based on the pledges from the individual to the campaign. Having your own in game item in the past wasn\'t possible if you wasn\'t having some investors.

Some people think that this kind of business model could be implement in games, books and platforms in the future. If crowdfunding became a major part of how movies are being filmed in the future, that will allow the fans of the project to say how thing should be directed.

The world most popular digital currency Bitcoin is taking crowdfunding step furtherer and makes it kind a global adopted concept. Bitcoin is cryptocurrency that people are using to operate across the border with transaction and transfers.

Government could became an issue for crowdfunding through regulation and legislation. There is no some clear way of taxation of earning from crowdfunding in any country worldwide. Companies that are creating crowdfunding platforms should be taxed, but there is no any regulation how to do that. But it is only a matter of time until government came up with some laws of taxing the crowdfunding campaigns.

Bitcoin, crowdfunding, funds, investments, government
Scott Evans
13.11. 2017 22:00  | 

Just like any other products or currencies, both of the above mentioned cryptocurrencies have their flaws and advantages, so it is very difficult to specified which one of these have more intrinsic value. Still, Bitcoin such as Ethereum have their essential quality on which is the whole concept of the cryptocurrencies based. Besides the fact that Ethereum is great cryptocurrency, also it is very powerful blockchain platform.

One of the main characteristic that differs Ethereum from other platforms and which gives it big value is the fact that everyone in network can develop their ideas or programs, take a risk with their ideas and no one can affect the concept. How is it possible that no one on the network can\'t make influence to this? How does it work? It works like this, everyone who want to try with their own ideas, programs or anything else, are creating contract with the Ethereum, and your smart contract execution is guaranteed by the consensus within the people on the network. When your contract is valid, no one can put it down. If you use Ethereum you don\'t need to use websites to get funding, you can fund your idea with the ether - cryptocurrency witch is the base of the Ethereum platform.

So, one thing that can increase the intrinsic value of Ethereum over the Bitcoin intrinsic value are the smart contract. Bitcoin have also their smart contract, but there are less options that you can do with the Bitcoin smart contract compared to Ethereum smart contracts. But of course we should never forget which of the cryptocurrencies was first developed, and on which cryptocurrency is the whole concept of the digital currencies based. It is Bitcoin.

Ethereum, smart contracts, Bitcoin, intrinsic value, cryptocurrencies
Scott Evans
11.11. 2017 16:00  | 

Whole network can affected the price of Bitcoin, and every user who owns Bitcoin can affected the price too. Like on the every other market rule simply laws of supply and demand, same with Bitcoin\'s market. When supply overgrown demand price of Bitcoin is falling down. Opposite when the demand overgrown current supply the price goes up.

But people as a market subject that are creating business occasions, that are almost constantly making influence on the supply and demand of the Bitcoin. Here are some key factors that affected the price of Bitcoin.


Media can change the Bitcoin price in both ways. Almost everyone and everything can be reached by media. Media has a considerate power that can easily created influence the price of Bitcoin to increase. The other side of the media power is the negative publicity. Negative publicity will turn people away from Bitcoin, which mean supply will rise, price will fall down. This is the mechanism behind market crash.


All kind of regulations can affect the price of Bitcoin. For Bitcoin it is very important to remain resistant to the power of government. Bitcoin is a threat to the fiat money or as we call it traditional currencies. The biggest threat is that no one has the control of Bitcoin so no one can define the price. Negative politics can affected the price in negative way, turning people away from Bitcoin.

Global Adoption

Even the fact is that Bitcoin is from day to day more and more accepted, but also Bitcoin have a lot of problems with conservative people with are not accepting Bitcoin. People are afraid by negative opinion of government that can compromise the adoption of Bitcoin. Still, conclusion is that when Bitcoin became accepted as a valid payment method, and it will, very soon, the demand will rise and the price will go up.


Besides these three factors in the text above market occasions can also influence the price of coins. Price will go down when main businesses start selling Bitcoin for the traditional currency and the supply will go up. Technological progress can simplify the whole concept of mining Bitcoins and the demand will rise. Price will go up.

Bitcoin, price, supply, demand, government, adoption
Scott Evans
10.11. 2017 00:16  | 

Even the word of mouth isn\'t a reliable marketing weapon, in the world of Bitcoin this is the best way to relay the knowledge to the world, because spreading the news on a social media, publishing articles by media or so called traditional marketing will not do the entire job.

Word of Mouth Is Crucial For Marketing

Sitting in front of computer and spreading the news on social media, online about new venture or product is not the best marketing option. Many people wouldn\'t believe in this, but it\'s true. The greater success with a biggest audience will bring you communication in person with the potential customer.

On the other side, digital and online marketing are valuable in the long run, when the people from all over the world are trying to reach you or your product.

There is something in all of us, like some kind of need to communicate with other people. That is something that making us a human being.

Let\'s explain worth of mouth marketing with a simple example. Looking photos and reading description of the hotel in which you want to stay can be tricky, but if your friend gives you a recommendation about specific hotel, that would give you a security that everything is going to be fine on your trip.

We are making a hundred of decisions at a day, and again we don\'t notice how opinions of others are affecting this decisions. Especially when decisions are about purchasing or feedbacks. All the major Markets are saying that word of mouth double up number of sales compared to other kind of advertising.

Again, we are starting with an example. If you see on the tv advertisement about how can you save money on car insurance, it will be more meaningful for you if someone tell you same story in person. So, as we said, peoples opinions really affect ours decision.

Something that we for sure want to avoid is losing communication with other peoples. Despite the fact that technical industry is the sphere where the human relations are taking the backseats, losing relations with the humans is something we should avoid at all costs.

If you are trying to explain some innovation to someone, it is simpler way to do it in person. Especially when it word of technical innovation, people will not believe you until you show them, and that is where a word of mount powerful weapon.

Bitcoin, innovation, marketing, word of mouth, social media
Scott Evans
10.11. 2017 00:14  | 

Quantum computing is still in the early phase of its development, basically quantum computing need a lot of time until it reach that level, that can disturb a Bitcoin network.

Other important fact is the nature of Bitcoin. Users are adapting to every change, and Bitcoin is constantly evolving. Therefore, we can be sure even if quantum computing evolves, same thing would happen with Bitcoin. From the beginning, the most popular cryptocurrency had a lot of difficulties but network used to overcome all of these.

You certainly want to know what the quantum computing is. Quantum computing is different access of computing. Classical computers that we are using today, are like big calculators. These days with the level of technological progress as it\'s today we can develop more complex kind of computer that will solve mathematical problems even faster and easier, which includes Bitcoin keys. Every Bitcoin transaction use some kind of address, or as we called them, keys. With quantum computing someone could break Bitcoin cryptography and take the information, since they are open within the block.

When Microsoft and Google announced that they are working on development of the quantum codes to secure their networks, the online community started to worry. But Bitcoin is not in danger, since address that it used for sending or spending Bitcoin has a public key. You will not lose any of your funds, anyone who tried to break Bitcoin security walls with quantum codes, will not find anything there, because Bitcoin wallets already stopped using active addresses.

People hardly believe that Bitcoin network, which is decentralized and democratic, have a possibility to change, or we can say possibility to adapt to every change in technology.

Quantum computing, Bitcoin, network, changes
Scott Evans
10.11. 2017 00:12  | 

Many people that are investing in Bitcoins, also people that are mining Bitcoins want to know the answer of these pretty serious question. There is no place for panic, because developers of Bitcoin are thinking about the solution. There are some strategies for transition from mining to some new way of redirection of computational power.

Bitcoins amount is limited, that is the fact. Today there is about 17 million Bitcoins and the gross number of coins is 21 million. By the time in which the miner will mine all the Bitcoin, there must be some kind of solution for the question now what. One of the idea is to create fees per transaction for miners. But there is always a risk that the fee would be inadequate which lead us to centralization of the number one cryptocurrency these days, which is following by many negative side and changes of Bitcoins as we know it today.

Fixed supply is the fact, there are 21 million Bitcoins and we can\'t do nothing about it. Just like the regular money which is based on gold, and we know that there is a limited quantity of gold on the earth. There are suggestions of continuing mining but that could mean the end of the Bitcoin. Transaction fee may be the solution, but if we take a look how fast technology processing, that would bring to us fact that we required less electricity for mining, also investing in hardware are becoming cheaper, which could lead to simpler mining times again.

As bitcoin becoming more and more accepted, the demand for cryptocurrency will rise. By the time when Bitcoin becomes regular payment method there will be numbers of solutions for Bitcoin. Until that it is very important not to hurt network or people who are buying or selling Bitcoins, it is the main goal that needs to be achieved so that the Bitcoin continues the way to become the most important value of internet trading.

Bitcoins, limited amount, demand, miners, technology progress
Scott Evans
10.11. 2017 00:10  | 

When it\'s time to pick your hardware wallet, you can pick any hardware wallet you seems good, but you need to be very careful while choosing it. The most important function of wallets is to keep your private keys in an offline mode, so if you heard from someone that keys from some wallet has been stolen, ignore that kind of wallets. There you have two hardware wallets in which the bigger robberies were not recorded.

Ledger Nano S

Product was made by French company. Some of the main characteristics of reliable wallet are simple way to use it, using all kind of operative systems (Windows, Mac, Linux) and the most important is that the wallet can store other cryptocurrencies. On Ledger Nano you can store:

  • Bitcoin cash
  • Ethereum
  • Ethereum Classic
  • Zcash
  • Ripple
  • Litecoin
  • Dogecoin
  • Dash
  • Komodo
  • Ark
  • ERG20
  • PoSW


Why is the Trezor a good hardware wallet? There are several answers to this question. Firs at all, if your hardware wallet is stolen, lost or damaged you can be safe. This hardware wallet are offering randomly generated PIN codes of nine digits which are based on up to 24 words. Trezor is also the world\'s first hardware wallet and you can use it with several Android applications.

Hardware wallet called Trezor can store a smaller number of cryptocurrencies comapred to Ledger Nano S. On this hardware wallet you can store Litecoin, Dogecoin, Zcash, Dash, ERG20 and of course two of Bitcoin and Ethereum coins.

Hardware wallet, Cryptocurrencies, Safety, Ledger Nano s, Trezor
Scott Evans
10.11. 2017 00:08  | 

From a large number of cryptocurrencies these days, it seems that the Bitcoins are the most accepted cryptocurrency on the market. Bitcoin is reaching its adoption in different spheres of online businesses. People are considering Bitcoin as a valid payment method through peer to peer transactions and also a great chance of making a pretty profit through trading Bitcoins.

All kind of online businesses are considering the number one cryptocurrency as a valid method of payment. University of Nicosia, known as a one of the Universities that are giving a course in cryptocurrency trading to theirs student, also offered to students way to pay tuition and other fees with Bitcoins, which means that Bitcoin is slowly becomes a part of the world economy.

Some of the most popular online businesses like Amazon, Dell, Purse.io and Micorsoft are considering of including Bitcoin as a payment method. Microsoft already install Bitcoin to some part of their online retail, while Dell have an agreement with Coinbase, which included Bitcoin. Purse.io already develop application of indirect buying of Amazon product with Bitcoins.

Only several global companies accepted Bitcoin, but it will became a regular payment method in close future, a payment method for goods or transact money as well.

There have been a large numbers of Bitcoins fail prediction, but none of them happen. Many of people such as miners or investors are asking when will Bitcoin tipping point come, when will we mine the final 21 millionth coin, but we can be sure that we have at least a couple of years before that moment. There are already some answers to the question how will miners be creating profit after we mine all coins. Fees per transaction seems to be answers to the question above, fees will allow miners to continue creating profit.

Tipping point, Bitcoin, valid method of payment, transaction, profit
Scott Evans
10.11. 2017 00:06  | 

Within Bitcoin network there is made some kind of reward system which was built back in 2010. For some simple task you are need to do online, like clicking or links or something simple like that. As a reward for getting the task done you received one Satoshi. Satoshi is a small part of Bitcoin, just like cent is a part of dollar but in far less proportional to 1 Bitcoin. Other cryptocurrencies also have their own faucets.

These days this is not a very profitable way to get some profit from Bitcoins. Generally the value that you are receiving after getting your task done are pre-calculated by the time you need to spend doing the task. Probably you will spent more time than the reward you receive.

The main reason why the Bitcoin faucets are developed was not to make money only, the purpose of faucets was that people with no experience could try to work with the concept and the sense of cryptocurrencies. Also faucets were there to attract more people to the network, witch is the key factor.

One of the most interesting thing about Bitcoin faucets is the referral system. What is referral system? It is a system very similar to multi-level marketing, the only difference between these two is that in referral system known as pyramid-scheme the value transfer all over to top, which is not case with the referral system. In the Bitcoin referral system, old users are introducing new ones to the network and receive a small amount of currency. This way network is always growing.

If you have a lot of spare times you can try your luck with some other cryptocurrencies. You never know, which one and when will reach the top of the market.

Bitcoin, Faucets, network, referral system, satoshi
Scott Evans
10.11. 2017 00:04  | 

If Bitcoin becomes unprofitable or low profitable source of money, that would just include more mining potential. There will be more space for people to mine coins. More space means that with same resources there is more capacity to mine coins. Bitcoin will never break down. Explanation is in Decentralization. No one have full control of coins.

From 2008, when the white paper was declared, the value of cryptocurrency only remember growth, tendency of constant rise.

The only problems that can affect on Bitcoin value are not the internal ones, they are external flaws. Acceptance is the most crucial factor in this kind of business. Bad publicity can lead to decrease and the situation in which people will sell theirs coins. But if we lean on the economics lows, with the selling of coins, the price of Bitcoin will fall down. With the fell down of price, some people would buy the coins and the price will level up again.

The amount of Bitcoin is fixed, there are around 21 million of Bitcoins. The concept of mining is the base of function, basically there is a capacity for more mining, but when we reach the target amount of Bitcoin, the fall of profitability can be expected. Since the miners are a foundation of the network, the question is what will happen when we mine all the Bitcoins. There are suggestions of introduction transaction fees in order to maintain miners profit.

People are considering Bitcoin as a safe asset. That is some excellent news. It is all based on informations as a key factor, which means that both of the parties that are making transaction must have the same amount of data about Bitcoin value.

Bitcoin, profitability, mining, value, transaction fees
Scott Evans
10.11. 2017 00:02  | 

Different cryptocurrencies have different values. If we take as a example two largest cryptocurrencies Bitcoin and Ethereum we will notice fact that these cryptocurrencies have a computing power background. All the concept is based on mining.

What is happening when people are mining cryptocurrencies? Individuals or groups that are mining, literally are giving foundation so the network can solve mathematics problem with algorithms witch are in the transactions basis. It was similar with the currency that we are using every day, such as dollar for example. Until the year of 1971, every single dollar was backed in gold, than Richard Nixon eliminated the gold standard for dollar. The reason why Bitcoin was invented is that we are getting a new currency and none of central institutions don\'t have power and control of.

Ethereum still can be mined similar to Bitcoin mining, this is the reason that keep value distribution and decentralization of this cryptocurrency. Later, when the value is generated, it can be exchanged for fiat currencies such as dollar, euro. Also can be stored or spent.

How each market is based on the laws of the economy, same thing is with cryptocurrencies. The rules of supply and demand still govern the values of cryptocurrencies, because people are still changing money to currencies. More coins on demand, more capital for miners. The value will fall in the same moment when supply hit the top on the market and bring a crash. Cryptocurrencies like Bitcoin and Ethereum already survived one of this crash because of users. The users possess a vision, not only generated value.

Value, mining, Bitcoin, Ethereum, supply, demand
Scott Evans
10.11. 2017 00:00  | 

Blockchain is a data structure that are creating the ledger of transactions and sharing it within a network of computers. Blockchain enable each user on the network to use that ledger in a secure way without any kind of control.

In theory with a time of decades and a supercomputers blockchain can be hacked, in reality it is impossible. It is even impossible to change or remove data that are recorded and placed on ledger. Every user in the network posses identical copies of the algorithm, and when someone wants to make new or change existing transactions, every participants in the network run these algorithms to evaluate and verified the proposed transaction and check if it valid by identifying information that matches previous transaction in Blockchain history. If most of the nodes approve the transaction, and it does not match with the Blockchain history, the new transaction is approved and a new block is added to the chain.

Each computer in network can be involve, and each computer particularly represented one node. Nodes are keeping the ledger\'s consistency by working with each other, and every node have a copy of ledger, something like a local database. This consistency and the fact that every node have a copy of the entire ledger creates fault tolerance. If one node goes down, nothing is lost.

The consensus mechanism is a set of rules that utilized network to verify and confirm each transaction. For the Bitcoin, this consensus mechanism is called proof of work, where all the participants or as we called them nodes running theirs algorithm, mentioned in the text above, to confirm the digital signatures of each transaction.

After a transaction is executed on a node, proposed modification of blockchain\'s data is result. The answer is confirmed locally with other participants in the network. If transaction is approved, it has been placed into a block, and all the nodes in the network receive transaction to verify again, to secure their records match. Typical transaction which going through this process can be executed in milliseconds.

Blockchain, transaction, node, network, ledger
Scott Evans
07.11. 2017 13:16  | 

In the past people use noble material especially gold and silver as a payment method. People came to an idea of printing paper money when they realised that manipulation with gold and silver is pretty hard. Paper money became a way simpler method of paying, but in the end this method was based on gold reserves.

Governments used to manage special financial institution, called central banks, although central banks were presented as a individual institutions. What was their job? When banks started to printing money without gold background, central bank as a kind of governmental institution started to guarantee for other banks. But of course printing money without background has a flaw. The more money you are printing, the more price level is rising.

There was a need of creation some alternative payment method to the regular financial system witch would be used for trading. This need of alternative payment method was met when Satoshi Nakamoto presented to the world peer to peer transaction system called Bitcoin. So today, we have a pretty stable digital currency, witch is accepted as a valid method form the biggest companies such as Microsoft, Amazon, etc. And the most interesting part of these digital currency is that everyone can try to earn money from it with mining, day-trading, or just investing directly.

Decentralization of the number one cryptocurrency helped us to realise that Bitcoin is independent. None government in the world and none central bank have manipulation or any kind of control on it. So, people need alternative, people got alternative payment method without any kind of control, so you can trading or spending your Bitcoins as much as it possible.

Gold, silver, central banks, printing money, alternative payment method
Scott Evans
07.11. 2017 13:14  | 

Creating completely independent currency, a currency thah no one have control on, a currency that don\'t exist in physical forms like dollars or euros or other currencies that we are seeing. Creating a currency that could be transferred between two sides completely electronically and with low transactional costs was a inspirational vision of an anonymous software developer Satoshi Nakamoto, which started up story about cryprocurrencies which people can produce only by running their computers all around the world, just by using software that solves mathematical problems.

What makes Bitcoin/BOScoin Different from Traditional Cureencies?

On the first sight there is no such a difference between Bitcoin and rest of currencies. Just like other currencies Bitcoin can be used for purchasing things online.

Decentralization is the thing that separates other currencies from Bitcoin. No one controls Bitcoins network, or simpler, large banks can\'t get control of your money.

Other difference between Bitcoin and other currencies is that Bitcoin is based on mathematics, not like Dollar or Euro that are based on noble materials, gold and silver.

Important Characteristics

As we touched the differences between Bitcoin and other currencies in the text above, here is some other differences.

1. Decentralization.

As we already said, no one is controlling Bitcoin network. Every single machine that mines Bitcoin becomes a part of network so basically all the machine are working together.

2. Easy to Use

You can get your Bitcoin address almost instantly without asking many questions like conventional banks are doing.

3. Anonymity

Anonymity is guaranteed by the network. Basically one users can have plenty of Bitcoin addresses that aren\'t linked to any name or any kind of personal informations.

4. Transparency

Blockchain, a ledger that contain details of every single transaction that happened in the network.

People can see how many Bitcoins you had stored, if you have public address, but also no one can know more about you.

5. Small costs of transaction

For international transfers your bank will take you responding percentage for the service. Bitcoin will not.

6. Fast transfers

As soon as payment became confirmed by the Bitcoin network, your sent money reach the targeted address in a minute.

7. There is no return

Once you sent Bitcoin to someone, you can\'t take it back untill the other side of transaction sent you your Bitcoin back.

Bitcoin, independent currency, decentralization, anonymity, mining
Scott Evans
07.11. 2017 13:12  | 

People has always been the sceptical ones about new things they didn\'t know about, especially when it is about technology. The only technological product that became more and more globally accepted, is about to win the scepticism of people, everyday more and more people are seeing cryptocurrencies as a valid payment method. It\'s Bitcoin.

Bitcoin network is still unresolved issue, that can be problem for entire network. But as Bitcoin is evolving to something big, the number one cryptocurrency, it have ability to overcome all of issues.


The react of society is important, and we know that the society would accept something only if they are very confident in safety of new product, especially when is issue about technology. Even we know that Bitcoin is going to be present in a few years, even we already can buy something with bitcoin online, and in many stores too, there is still a large number of people that does not approve this concept. But the number of these people is decreasing since Bitcoin is about to became a globally accepted idea.


These days, anyone who owns a solid rig can be bitcoin miner, earning money through peer to peer transaction. Unfortunately, the future of mining will go through some changes. Centralization of the most popular cryptocurrency is just in front of us, and if we want to know what will centralization bring to us, the answer is easy. Centralization will bring to us situation in which only miners with expensive ASIC components will be able to confirm Bitcoin transactions.


In many countries in the world, Bitcoin is a subject of investigation and we can clearly assume that many countries would proclaim Bitcoin as illegal. This can overgrow to a big problem not only for bitcoins but all the cryptocurrencies as well, since the adoption is the main goal in the evolution of cryptocurrencies.

For example China and India already running actions against Bitcoin operators. They said that Bitcoin breaks traditional value system. With decentralized concept of Bitcoin where no one has control and it\'s open for everyone, many parts of elite society is seeing Bitcoin as a threat.

Adoption, Centralization, Regulation, Bitcoin, Threats
Scott Evans
07.11. 2017 13:12  | 

Same as all investment, same with Bitcoin, you can choose safe earnings with a low risk, but they are slow. Or you can choose the risky ones and generate a posible big profit. It is difficult to predict future of the cryptocurrency these days, especially the most popular cryptocurrency, Bitcoin. Maybe it\'s smarter move to invest in some other cryptocurrencies like Altcoin, Ethereum etc. If you still want to invest in Bitcoin, there are some options for you:

Bitcoin mining

This is one possibly option not the only of course. These days seems to be pretty hard to earn a decent amount of money by traditional mining from home. For example, with a standard GPUs you need a lot of time, Electricity cost are included too, people nowdays invest in equipment that is designed only for mining Bitcoins.

Cloud mining

This is a better option from Bitcoin mining. Why? First at all, you don\'t realy need to have your own mining platform, which is the brightest side, because mining platform cost a lot of money. Second, costs of electricity and the noise that hardware is making are gone. Simply, Cloud mining is a system where, you invest into the mining farm, and you let someone else, from some other place mine for you. The flaws of this kind of investments is risk of fraud, and mismanagement with your own resources.

Day to day trading

The kind of investment that can be profitable if you already posses a knowledge about market. Still, you are gambling with the investment because you can\'t predict the future precisely.

Initial coin offering

Or shortened ICO is also a possible profitable investment. The concept of Initial Coin Offering is that you can trade different types of product, or you can just invest into cryptocurrencies that haven\'t reached the market yet. Of course, this kind of investment is a risky one because, nobody know which cryptocurrency is going to reach the top and when.

Bitcoin, investments, profitability, mining, cryptocurrency
Scott Evans
07.11. 2017 13:10  | 

Even though all the others cryptocurrencies fell down with their value, on the opposite side Bitcoin value rashly rised. The reason why only Bitcoin\'s value is raising from day to day is that investors are pulling their funds from the altcoins, and putting it on Bitcoin.

Key Highlights:

  • $5.8 is the price for one OMG, which is 22.6% depreciation from week to week
  • 33.3% is the ammount of depreciation between OMG and Bitcoin
  • The recovery or support level are not spotted at the moment.

Omise Go suffered a bad downward rally.

The value between OMG and USD suffer a downward rally from $7.5 to $5.8 in only one week. The amount of depreciation in a week is 22.6%. The gradual fall from the beginning of the week, has overgrown to a steep trend.

There was a try to recover the value by buying surge, but this action just induce fell of the price by increasing selling volume.

A good tool for analysis of price forecast, with the short and mid-term length is the alligator tool, which observed clearly bearish downfall.

The value of OmiseGO took a downfall against Bitcoin for more than 33% in a week. The exchange amount OmiseGO against Bitcoin drooped from 0.0012 to 0.0008 which is a decrease of 33,3%. The current value is 0.000848 Bitcoins for one OMG.

Omise Go, Bitcoin, depreciation, value, bearish trend
Scott Evans
07.11. 2017 13:08  | 

There is more than one ways to multiply your Bitcoins:

Buying Bitcoin

he most easiest and accessible way how can you multiply your Bitcoin is buying, converting cash into Bitcoin. Chose your hardware wallet, go to popular exchanges Kraken, Coinbase, and simply buy bitcoin for money.

Important move when you are buying Bitcoin is to secure your cryptocurrencies to a Bitcoin wallet.

The more money you spent, the more Bitcoins you get.


Although the concept of mining hasn\'t changed the fact has changed. In the past assumption was anyone who has a decent computer and video card hardware can mining. Today the process of mining is expensive, if you want to make pretty money you must invest into your equipment. These days, individuals joins into so-called Bitcoin pools, to distribute costs of electrical bill, hardware and other investments that are required if you want to mine. Especially when we talk about hardware, today the big miners use ASIC which is very expensive hardware developed only for mining Bitcoins.

Bitcoin is actually a reward for miners for their effort. Mining is the proces of creating new Bitcoin that are generated in a decent form.

Being ready for Hard Forks

Being ready to take a new coins, especially when it\'s for free. The developers of new coins has just split the blockchain of the original Bitcoin and create Bitcoin GOld. Owners of original Bitcoin can trade their bitcoins into Bitcoin Gold. You only need to store the amount of Bitcoins in some of the exchanges that support Bitcoin Gold. This would be a great way to multiply if the price of Bitcoin Gold is greater thar original Bitcoin price.

Is trading Bitcoin a good way to multiply it?

Trading Bitcoins is not a good way to multiply it. Multiplying the fiat money is the main goal from tradin Bitcoins, so keep the amount of Bitcoin at the same level, and hold it, this is the best strategy to multiply your money.

Bitcoins, mining, asic, hard forks, trading
Scott Evans
07.11. 2017 13:06  | 

There are many factors such as electricity cost, hardware value, etc. that affect the profitability of Bitcoin mining. Online, there are special calculators that are calculating the profitability of mining and how much time you will spend to mine one Bitcoin. Today, if you want to start with GPU mining, you should know that profitability level is low.

ASIC, special hardware that are designed for Bitcoin mining is the thing you need. But of course these chips cost more money, and there is no large number of these in every store. Also GPU mining seems to be a threat for other hardware, because there is always a chance of overheating and destroying other components. Earning easy money through Bitcoin seems to be past, only people with most advanced technology can be behind transaction in Bitcoin network.

Bitcoin was developed to take a monopoly in peer to peer transaction systems. There are other solutions. If you already own a mining rig, you can always try mining some other cryptocurrencies, that have smaller network, because more people mining, lees money you can earn.

There is also solutions to invest in cloud mining. It is a great solution if the cost of electricity is too high or some other reason. Cloud mining is a simple way of outsourcing mining to another place by investing money into data center which is minning for you. It is legitimate method but also have some shortcomings, you can\'t manage your own resources, there is no equipment to sell if minning became unprofitable.

Above mentioned examples can help you if you still want to invest in mining. Or you can take a simpler way and invest your money into the Bitcoin market directly.

GPU mining, Cryptocurrency, Bitcoins, Cloud mining, profitability
Scott Evans
07.11. 2017 13:04  | 

Even the Bitcoin mining is legal, you must be careful if you mining Bitcoin, because from country to country, authorities have a different levels of technology knowledge and many of them can be unfamiliar with the process of mining.

How does Mining Work?

The miners job is to collect all the transactions that was made and wrote it in the list called Blockchain. This kind of job got out from need of caring informations about transactions, because all over the network people are sending Bitcoins all the time, and without this miners we wont be able to track who made the payment with Bitcoins.

What is Hashing?

All the transactions that ever happened on the network are added to the Blockchain.

The real question is how can we be sure that someone hasn\'t changed all these informations about transactions, because all the transactions are keeping there digitaly. At this moment, miners come in.

When the certain number of transactions is made miners take the informations into the block and apply a mathematical formula to it. The Hash is the name of these combination of random letters and figures.

The miners job is not only to made a block with a transactions to create a hash. Miners use some other informations too. For example the hash of the last block is saved in the Blockchain.

So basically, because each block with the hash is produced with the hash of the block before it, this become a type of security. If anyone tried to change some informations, all network would know.

Competiting for Rewards

Using a special software, miner compete each other. Every time someone creates a hash, he gets 12.5 bitcoins.

In these simple way above, all of the Bitcoin would be mined in a few seconds. On the network is to made this harder to achieve. Introducing \"proof of work\" bitcoins protocol is making this a bit harder.

Old hash can\'t be accepted, this is the main reason, why is the protocol designed. And in the other point, you don\'t know how hash is going to look like. You add some new data, the hash became different, and this is happening all the time.

All the miners on the network are doing this, so it can take a many number of attempts to create a working hash. First miner that succeed is going to be rewarded.

mining, hash, blockchain, bitcoin, transactions
Scott Evans
07.11. 2017 13:02  | 

There are many ways how people can take your or other people Bitcoins. First at all, you don\'t really need to be some professional hacker to do this, you don\'t really need some big experience at all. The best advice if you don\'t want to get robbed is to keep your private information such as your private key on your hardware wallet.

It is as easy way as stealing someone e-mail address, especially if owners of the information didn\'t take care to secure their privacy. Thanks to Signaling System no.7 or shortened SS7, the only information that thieves need are phone number and e-mail address. Using this SS7 system, hackers can intercept authentication messages that contain password confirmation, so when thieves do that, they already have needed information.

A greater number of users only increase a risk to the users. From the time when Coinbase reached 10 million users, it became clear that there are many users at risk because SMS authentication is no more the safest method. Using one-time codes which are very similar to Google authenticator is a better way to secure your personal information and your Bitcoins.

Of course, there are other ways how someone can take your coins. Many people there are creating their own Bitcoin wallets, just waiting for customer to start using it and get theirs informations. Advice to a people who are getting started with Bitcoins, people who invested in them or people who trade with them, use only reliable and verified Bitcoin wallets. Many users also complained that they were part of Bitcoin stealing using Bitcoin casinos, where unreliable casinos has just stopped operating and steal peoples Bitcoins. Also, the simple way to lose your money is using ICO- Initial Coin Offering. Many of these don\'t have a bright future, but if you give them all of your money, they would be glad to take it. So, do the research first!

How to be safe from this kind of manipulations? Do the research, learn all the facts about Bitcoin by yourself. If your Bitcoins are in hardware wallet, your privates keys are safe. Online, don\'t use unreliable and unverified sources.

hackers, private information, Bitcoins, security, hardware wallets
Scott Evans
07.11. 2017 13:00  | 

The answer is no. They did not created Bitcoin single-handedly. The individual or group of people that calls themselves with that alias has just contributed to creation of Bitcoin by showing people concept of free digital currency, this was only a starting point of the Bitcoin that we know today.

In 2008, which is Bitcoin\'s year of birth, Satoshi Nakamoto, before he published the concept, he or them wrote entire code on which the Bitcoin is based. 30 years ago, there was also try to create some electronic currency, but it did not stay alive for a long time. Nakamoto observed the flows, learn from them, and describe his cryptocurrency as a system that would allow online transactions without financial institution.

As we said above, this was only start point, creation of Bitcoin was not finished yet. By this day many developers had worked on the network. 2010 was the year when Satoshi Nakamoto stopped his work at Bitcoin development, he just showed up with a post in which he profess the concerns of Bitcoin future and said that the only main factor for Bitcoin development is that everyone\'s opinion is important.

So, we were right, Satoshi Nakamoto did not created Bitcoin single-handedly, he just helped by giving knowledge, and vision of the future to many individuals that will later participate in Bitcoin development. But most important, he gave us a frame. A frame through which people must think while creating.

Satoshi Nakamoto, creating, Bitcoin, frame, development
Scott Evans
02.11. 2017 15:09  | 

Right after Bitcoin and Ethereum we have the Ripple, whose market cap is higher than $7 billions. Ripple though isn\'t taken as just a cryptocurrency - people see it as a payment network. Ripple is helping fighting the world of bank, by allowing transfers and payments to happen via its payment network.

Ripple - A New Payment Framework

Developers started working on creating the Ripple in 2004 and they launched it in 2012 as a decentralized payment framework (real-time payment). It\'s based on an open-source ledger with a token called XRP.

There can only be 100 billion XRPs. Transactions are happening within 3-4 seconds and the fee is 0.001% of an XRP.

Ripple and The Banks - A Growing Partnership

The main difference is that Ripple isn\'t addressed to the consumer market - it\'s addressed to financial institutions.

Right now, there are 75 financial institutions that are using Ripple\'s network, and there are some big players between these.

Growing Investor Interest

At the moment, XRP is trading on 30 exchanges and its price is going higher and higher, just like other cryptocurrencies since 2017. Between Q1 and Q2, the XRP price jumped by 3,977% which made it the best performing cryptocurrency.

Ripple Trading With IQ option

IQ Option offers a Ripple-trading platform. Ripple\'s network tends to become the network through which all of the international transactions will be made. Even though this is what developers of Ripple were hoping for at first, achieving something like this isn\'t easy - the entire community has to accept it. However, if chances for this would increase, the investor interest would go up as well.

Ripple, payment network, cryptocurrency, IQ Option
Scott Evans
02.11. 2017 15:08  | 

The creation of Bitcoin Gold was the event that investors were very interested in. Everyone hoped that this is going to be the real boom - and it was.

Here\'s the difference between the two forks:

  • Unlike first time, the market isn\'t afraid of anything this time.
  • No matter what, the market is aware that the new coin will be made.

Creation of Bitcoin Cash was quite surprising and there were speculations that the blockchain could vanish completely.

Bitcoin Gold is a hard fork that was created with the goal to solve certain issues that were present at the current moment. They developed the new proof-of-stake algorithm, which represents completely new technology (or way of using the technology). Mining rigs didn\'t have to be made of ASICs anymore - video cards(GPUs) algorithm is what new mining rigs were based on.

The most important thing for investors(traders) was the fork creating a new coin and Bitcoin owners receiving it 1 for 1. This is what they expected and hoped for, and this is what would help Bitcoin holders gain some more wealth. Besides that, cryptocurrency breaking its record is something which we would all benefit from. However, decisions shouldn\'t be made before the split ends.

Before China stepped in, Bitcoin was breaking records. Since September, Bitcoin price managed reaching around $6,200. Even though it was trending quite strongly, there were indicators that could expose weakness which someone would eventually take advantage of.

Since market is shifting into Bitcoin, other cryptocurrencies will get ignored a bit meaning that holders of any cryptocurrency that isn\'t Bitcoin won\'t be satisfied.

There were chances that neither stochastic nor MACD would confirm support and that would affect prices a lot.

Bitcoin Gold, fork, Bitcoin Cash, video cards, market
Scott Evans
02.11. 2017 15:08  | 

Omise is the company that features Stripe-like payment in Japan and Southeast Asia. It\'s based on Ethereum financial technology and it features real-time payments and peer-to-peer exchanges.

Omise also features decentralized exchange at high levels and low costs.

Key Highlights:

  • Omise Go managed raising around $25 millions through token sale.
  • Right now, the price is $7.8 and it\'s not looking that great for now.

ICO Results

Omise capped its ICO at $25 millions through their token sale which lasted until July. Omise now represents one of the official companies for raising money from the ICO pool. Besides that, their VC investors helped them raise $20 millions.

65.1% of the float that OMG had via ICO was sold, with 5% of the tokens being given to Ethereum holders. This event of token giveaway was called airdrop. The amount of tokens that remained was split between funds that are going to be used for financing the OMG.

How traders are taking OMG?

OMG has been experiencing a lot of ups and downs. One of the highest points that the price reached was $13 after being around $6 - and this jump happened within a month. Unfortunately, it didn\'t stay that high for too long.

The weekly chart helps us realize that OMG has experienced a blank week without any valuable movement in any way. Even though the price kept going down at the beginning of week, token is now worth around $7.8 which still represents 17% lower price than the one week ago.

The RSI is somewhere around 45% and MACD and Alligator curves seem to be moving flat.

Even though the OMG showed potential with a successful ICO, traders simply didn\'t feel it so the price remains kinda low.

Omise, OMG, ICO, traders, Ethereum, token
Scott Evans
02.11. 2017 15:07  | 

At one point, the market experienced huge drop in the value of many tokens - Bitcoin price dropped down by 5%, Ethereum by 10% and Ripple by 12.56%. However, that didn\'t last long and tokens managed recovering from that downer.

Key Highlights:

  • This downer trend lasted for 48 hours and at first it didn\'t seem that it would end, but it did, and the tokens recovered successfully.
  • At $54 mark, the support level was very strong.
  • At one point, LTC got 9.3% against USD and kept achieving 16.8% week by week.

Bitcoin, Ethereum and Ripple were going to recover to first places for sure, nobody had any doubts about that. However, the remaining places are what people weren\'t so sure what to expect. Litecoin managed recovering very quickly and it gained 4.63% within 24 hours, becoming the 5th token out of all tokens. Not only that it reached 5th place, but it also showed predispositions towards surpassing Bitcoin Cash or even Ripple!

Weekly charts are the easiest representer of how bullish trend was followed by a bearish trend. However, the strong support level that occurred at $54 mark is what helped the coin recover really good. At current mark of $60, though, coins are experiencing the resistance meaning that the Alligator\'s curves seem to be closing its mouth.

Up-down trend can easily be represented via weekly MACD graphs. The RSI was around 53.3% and the crossover had tendency to follow the 24-hour bullish trend.

Compared to Bitcoin, LTC had a similar trend as well. Because of the bullish trend, the LTC/BTC value went around 0.011 BTC but it didn\'t take long before the value dropped down to 0.01 BTC. This difference represents 9% dip within just 12 hours.

Overall, LTC recovered surprisingly good and now represents quite a reliable coin. Traders and investors are feeling good about it, especially that now they have another reliable coin besides Bitcoin and Ethereum.

market, Bitcoin, Ethereum, Ripple, Litecoin
Scott Evans
02.11. 2017 15:06  | 

IQOption has recently allowed its users to withdraw Bitcoin from the IQoption trade room. This is the step that keeps IQoption competitive.

If you were wondering how, here\'s how you can withdraw Bitcoin from the IQoption trade room:

  1. Unless you already have a Bitcoin wallet, you need top set up one. You need Bitcoin wallet so that the withdrawn Bitcoin has a place to be settled (check out jaxx.io, blockchain.info and coinbase.com)
  2. Instead of the CFD, you\'re buying a position on the Bitcoin asset in CRYPTO section. Note - the more you deposit, the more you\'ll get.
  3. Go on your portfolio and click the Bitcoin open position in order to see the details.
  4. Click on the withdrawal icon at the right bottom of the details list.
  5. Provide your Bitcoin wallet address and you\'re good to go.

That\'s it. Once the request gets approved, the Bitcoin will be withdrawn. The closed order will have a $0 profit. Rest assured that the amount of Bitcoin you\'ll receive is calculated properly according to the Bitcoin rate, at the moment of the requested withdrawal.

What you ought to know

  • In order to make everything as secured as possible, 3D-Secure password protected transactions are the only ones that matter. This means that in order to withdraw $500 you have to have deposited at least $500 via 3D-Secure password. This is just one of the security measures that are made to protect investors and users.
  • You can\'t withdraw all of the open positions. You need to request a withdrawal for each position that is open.
  • In case you haven\'t already provided copies of your documents (in color), you will need to upload them first, before completing the withdrawal.
  • You can\'t deposit in Bitcoin, yet. Whether or not will this be available someday, we\'ll see.
IQOption, withdrawal, Bitcoin, wallet
Scott Evans
02.11. 2017 15:05  | 

Ethereum(ETH) represents one of the most popular cryptocurrencies at the moment.

Vitalik Buterin invented ETH in 2013 and launched it in 2014.

Ethereum allows developers to develop smart contracts, which are used for applications with wide usage - new currencies, crowdfunding mechanism, autonomous organizations, etc.

ICO(Initial Public Coin Offering) managed raising around $18,000,000 for the development of Ethereum.

The best thing about Ethereum is that it\'s open-source meaning that the developers can easily contribute.

At the moment of creation, ETH was worth about $0.30 while current price is around $300 and the ROI is around 100000%. This is what makes investors buy this cryptocurrency.

Coinbase represents one of the wallets but unfortunately you still can\'t access it in every country. Coinbase requires you to verify your identity, to activate the two-factor authentication and to opt for a payment method - credit card or bank account. You can store your ETH in Coinbase.

MyEtherWallet is another version of a wallet that features user-friendly interface. After getting your hands on one of the wallets, you can get Ethereum either by buying Bitcoin or by buying Ethereum with a credit card.

ShapeShift is definitely a famous service that allows fastest buying any of the currencies that ShapeShift features. Fact that you\'re not required to make an account proves that you\'re privacy is maintained private.

Changelly is a service like ShapeShift, which allows fast buying of Ethereum, in exchange for dollars. However, keep in mind that you do have to have a wallet, in order for Ethereum to be received and held somewhere.

ICO, Coinbase, ShapeShift, Changelly, Ethereum, Vitalik Buterin
Scott Evans
02.11. 2017 15:04  | 

Bitcoin exists since 2009 but there are many people who are not quite sure about this entire blockchain thing and they have no idea how to get involved into all of this. Here are some frequently asked questions:

  • How to buy Bitcoin as fast as possible?
  • Can Bitcoin be bought with cash?
  • How to buy Bitcoin safely?

There are couple of ways for buying Bitcoin, and we\'re about to reveal some basic tips. First of all, you need a wallet (personal wallet is the safest).

Independent wallet

Since you\'re the only user and the owner of the wallet, it makes it the safest.

BitcoinCore is one of the most popular independent wallets. However, since you\'re in charge, you have to take care of the security yourself - this means that it\'s only as safe as you make it.

Third Party wallets

CoinBase is one of the popular third-party wallets. It\'s very simple to use but it takes entire control over the Bitcoins.

Multi-sig wallet

Multi-sig wallet is protected by several different access keys (or different owners).

Physical wallets

Besides online wallets, Bitcoins can be held in USB or Trezor, which is piece of equipment designed for holding cryptocurrencies. Due to its nature (being held on a physical device), it\'s very safe.

Which one of these options is best to choose?

For getting great amounts of Bitcoin and keeping them for some time, then Trezor represents the best way. However, frequent usage of Bitcoin and holding smaller amounts works best with services like Coinbase.

How to buy Bitcoin on Coinbase:

  • Choose the bank account after signing up for an account.
  • Verify your bank account as well as phone number and your identity.
  • As soon as you\'re done with these steps, you\'re free to start buying Bitcoins.
Bitcoin, wallet, BitcoinCore, CoinBase, Trezor
Scott Evans
02.11. 2017 15:02  | 

At first, forks really seem to represent the price-changing event for the Bitcoin. However, the price isn\'t going down due to community\'s fright - it\'s going down due to the investors with great market power. These great investors seem to have forgotten that, with great power comes great responsibility!

As for now, there are 3 different types of Bitcoin at the market - Bitcoin(BTC), Bitcoin Gold(BTG) and Bitcoin Cash(BCH). BTG and BCH showed up as a result of hard fork (the splitting of the original blockchain). BTG is oriented towards miners while BCH is oriented towards increasing the transaction speed. Even though we\'re talking about a decentralized network, developers of Bitcoin Gold are working on decentralizing it even more, and making it approachable to the broader mass.

Two hard forks occurred in July and in October. The result of first fork was Bitcoin Cash, and at one moment it reached price of $914. Right now, the price is around $465. Bitcoin Gold didn\'t experience anything different either - it lost more than 70% of its value. This happened because the community didn\'t support them enough.

Just before the last fork happened, Bitcoin reached its absolute maximum of $6,000 and it even went near $6,200. Here\'s what actually happened - the fork occurred and therefore the holders got the same amount of new coins, which they would eventually sell at a higher price. That\'s why traders are looking to get the Bitcoin the second before the split happens.

Alt blockchains actually represent the result of the hard fork, and they don\'t really promise any long-term growth to happen. Because of that, investors are often avoiding these and that causes the alternative blockchain to drop out quite quickly. That\'s what happened with BTG and BCH. On the other side, speculations are affecting the Bitcoin price a lot, which returns BTC\'s price to the normal.

When it comes to the cryptocurrency market, it\'s too big to be easily shaken, but the fork however did make that market lose more than 3% of its value, within short time.

Latest fork represented the crucial momentum for investors, as most of them made great calls right before the fork occurred. They were just following the pattern which seems to be quite lucrative.

hard fork, Bitcoin, price, cryptocurrency, market
Scott Evans
02.11. 2017 15:01  | 

3 weeks ago, Bitcoin managed breaking record against USD. Within 12 hours, $5,000 mark went to $5,700 and soon it reached $5,820. This is a huge success for a coin and investors and traders have seen lots of opportunities here.

Key Highlights:

  • BTC/USD hit $5,800 almost within 12 hours and the current price is around $6,900.
  • BTC price kept rising by 13.5% week by week.
  • There has been significant support between marks of $5,350 and $5,400.

Since the absolute beginning of entire blockchain and coin thing, financial institutions were quite negative about it. Ilan Goldfajn, President of Brazil\'s Central Bank, said that people were buying Bitcoin jut because they believed it would appreciate - and he compared it with a pyramid scheme.

However, no matter who says what, nothing seems to be able to stop investors from getting involved with cryptocurrency.

Question is - how is Bitcoin actually growing?

Thanks to investors only, Bitcoin is experiencing constant growth - at least that\'s what charts have been showing. Remember that all of this is happening without any support system!

Because of certain restrictions of ICOs that occurred in China, the price went down quickly.

Even though there\'s resistance around mark of $5,750, the price managed breaking through that mark easily.

At one moment, RSI was around 18.6%.

People were worried about the resistance at the mark of $5,750 but just like Bitcoin broke through resistance at mark of $4,400 and $4,000, it broke the resistance at $5,750 and went far further.

Even though many countries are negatively oriented towards the Bitcoin, there are still countries (and big ones) like Taiwan and Japan that are looking towards making Bitcoin official. Besides that, Russia developed their own CryptoRubble meaning that they are aware of the excitement that Bitcoin brought.

Bitcoin, blockchain, cryptocurrency, investors, resistance
Scott Evans
02.11. 2017 15:00  | 

Bitcoin Gold represents the Bitcoin hard fork, or at least that\'s what investors are thinking. However, Bitcoin Gold is a new coin.

Bitcoin owners are about to receive this new coin called Bitcoin Gold. Bitcoin Gold will differ from the rest by this new mining protocol, which features using video cards instead of ASIC hardware.

Why Do They Create Bitcoin Gold?

They realized that application-specific integrated circuit(ASIC) mining equipment costs too much for the individuals to participate in, and they came up with a more affordable solution. That\'s the main difference between Bitcoin and Bitcoin Gold.

How Can I Claim It?

Just like when Bitcoin Cash came out, whoever owns Bitcoin can get Bitcoin Gold. The amount of BTC you have in your wallet, will be the same amount of BTG you have.

Here\'s why stock exchanges are not willing to cooperate with Bicoin Gold:

  • Lack of protection,
  • Lack of full code for checkup,
  • Lack of reputable developers,
  • Lack of proof - it could be a huge scam.

Stay Away From Scams!

Since cryptocurrency in global is very popular at the moment, so is the act of scam. Rest assured that many websites will try to scam you by offering you fake tips and asking for confidential information of yours.

Who is behind Bitcoin Gold?

Well, miners are definitely behind Bitcoin Gold. Besides them, there are also manufacturers of video cards that are being used for mining.

How Bitcoin Gold Differs from Bitcoin Cash and Ethereum Classic Forks?

The algorithm that allows mining coins via video cards is what makes Bitcoin Gold better than Bitcoin Cash.

Bitcoin Gold, hard fork, video cards, cryptocurrency
Scott Evans
01.11. 2017 13:42  | 

You've certainly heard about Bitcoin in recent years: this revolutionary currency that is exchanged electronically and makes people happy all over the world. It is part of what are called cryptocurrencies that are for simple virtual currencies to do just like the usual currencies, transactions. They are based on a principle called cryptography and can be used in a decentralized or peer-to-peer manner. Even if more and more, several types of cryptocurrency are created, it is necessary to know that they are mostly all derivatives of Bitcoin.

Who is the creator of Bitcoin?

The origin of Bitcoin remains to this day surrounded by mysteries, especially that the creators do nothing to lift the veil. The pseudonym of the person who created this cryptocurrency is: Satoshi Nakamoto. He claims to be a 37-year-old Japanese citizen. But to date, this information is still not confirmed. It should be noted that despite speculation, some more improbable than others, the identity of the creators of the currency remains hidden.

How does Bitcoin work?

If you are new to the world of Bitcoin, there is nothing very complicated. The latter is primarily a software and like any software, you will have to install it on your computer or on your laptop. Once this is done, all you have to do is make transactions such as purchases or payments from what is called the "Bitcoin wallet", with the ones you want; people to whom you have previously communicated your addresses. To do this, simply generate a Bitcoin address. This address is not static and is renewed at each operation. For each confirmed transaction that you make, the latter will be validly recorded in the "blockchain" which represents a large account book. This big book for the transparency of the whole system is shared, public, and traces from their origin all the transactions that have been made and confirmed thanks to the mining. Like the known and used currencies, this cryptocurrency is regulated to limit any inflation. This regulation is done in this context automatically by a system that allows to gradually generate money while considering a maximum threshold not to exceed. It is important to note that, to date, there is no legislation governing the use of Bitcoins.

What are the benefits of Bitcoin?

Bitcoin has many advantages related to its use. These last make that this currency turns out to be one of the most used cryptocurrency.

  • A democratic currency: this currency has a clear advantage over conventional currencies such as the euro or the dollar: its functioning is not regulated by an entity such as a central bank. It regulates automatically according to the desire of the users. The latter will not be able to be confronted with unpleasant surprises like a sudden and uncontrolled devaluation of the monetary course.
  • A transparent management system: As mentioned above, all transactions made with Bitcoins are carefully recorded in the ledger and made public to everyone. Thus, even if the identity of users of this cryptocurrency remains unknown unless otherwise stated by the latter, transparency reigns supreme.
  • A currency adapted to online transactions: Although the use of traditional currencies on the internet is increasingly practiced, the fact remains that their use can be rather annoying and expensive. The advantage with Bitcoins is that they have not been designed physically, but directly on the Internet. This makes their online use easier and more secure, especially in countries where Internet transactions are not yet developed.
  • A world currency: Physical currencies have the limit of being usable on a limited territory and to be governed by several economic as well as socio-cultural factors. Bitcoins for their part are free of this limit because they are neutral and are not subject to any policy, except that of users. It's a real revolution.
  • A currency that protects its users: The anonymity of transactions offered by this cryptocurrency is a pledge of trust and data security of different users. The cryptography system put in place makes it possible to fight effectively against corruption, counterfeiting and usurpation.
  • A more beneficial system than that of conventional banks: Cryptography allows to concretely solve the lack of confidence of banks towards their customers. It is a system that is made to be as transparent as possible.
  • In short, Bitcoin is the future of virtual money. He has to his credit many advantages that make more and more, its use is noticed. Its strengths are mainly transparency, security and adaptability. Despite all this, it is important to note that it has certain limits that could still be solved as it evolves.

    Bitcoin, cryptomonnaies, explosion
    Scott Evans
    24.10. 2017 22:26  | 

    A popular financial investment method available to anyone who has a computer with Internet access, ie binary options are a great way to get rich. Currency pairs are the most known of the options instruments, enjoying the uninterrupted interest of many people. Read our brief guide to currency pairs and find out what couples are worth investing in 2017 and 2018.

    Let's start with what the currency pair is. It is a kind of correlation between two currencies, and the difference in their exchange rate allows you to make money on sales or purchases. By tapping on the basis of fundamental factors and technical indicators of the direction of the course, we can make a profit. Investors who know how to earn money choose the most stable and stable pairs, making it easier for them to predict the course and thus minimize the risk of unsuccessful investment. It also means that we can earn both on the growth and decline of such a course and that there is always a possibility of earning, unlike when buying shares in a brokerage office on which we will earn only when their rates increase. That is why it is so important to choose a good currency pair for trading, and the most interesting ones are below.

    If you are a beginner trader, we strongly recommend you trade so called main pairs, ie majors. These are the world's largest currencies, such as the US Dollar, British Pound, Euro, Japanese Yen and several others. For example, the USD / JPY currency pair is one of the most popular pairs in the world and makes it easy to predict exchange rate fluctuations as both currencies are stable - the dollar and yen are stable and conservative, with little fluctuation and volatility. The monetary policy of the Bank of Japan is also influenced by it, which generally seeks to weaken the yen due to the need to stimulate the internal market, which in turn causes the exchange rate of this pair to rise in the long run. If your broker offers you the option to open long-term options, for example 30 days, we suggest you open the position for that pair in which you will earn a boost. This trend should not change in this and next year.

    Another popular pair whose course should not be difficult to foresee is EUR / GBP. Although in recent days the British pound has strengthened somewhat, the overall trend is declining due to the Great Britain's Brexit, which is the process of leaving this insular country from the European Union. Intelligent investor knows how to earn money on these tips and the current political situation in different countries, which in particular also affects monetary policy, and thus affects the rise and fall of the value of money.

    The last indication we would like to give you is to point out the volatility of the market that may be present in all types of instruments, including currency pairs. Currencies are particularly susceptible to current information - market reports. Each currency has several such reports per month, such as US Non-Farm Payrolls, non-farm payroll data, industrial output reports, and export agency data. It is best to stop trading during the hours when these reports are published, as they can temporarily market themselves. On the other hand, if you are an investor who can play the news, you can try your luck. In any case, currency pairs are an ideal tool for beginners because they do not require as much investment knowledge and can serve as a learning tool for everyone.

    investing, binary options, monetization, currency
    Scott Evans
    24.10. 2017 12:10  | 

    Training Traders is the trading platform that we\'ve heard about not so long ago. Owner of this shady offer is Mike Baghdady and the reason we\'re calling it a shady offer is because of what we found out about it. Allegedly Training Traders is located in Cyprus but we found out that this could be a lie. Keep reading our honest review to find out what our thorough investigation has brought to you.

    Training Traders Review

    Besides other products, Training Traders offers an apprenticeship program for $50,000. Even if ignored the price, which is way too high, we still didn\'t see any evidence that would make us believe that this program is actually useful. We even found out that Mike couldn\'t pay off one of his debts of $600,00 for running Robbins Trading. Because of all of this, we really can\'t trust his claims of being a trading guru, especially with the negative reputation that\'s sticking with him. More of his products are Wealth Generation software, worth $9,997 as well as daily trading lessons, worth $2,500. Day Trading software, however, costs $5,000. The last product he\'s offering is Forex signal generator that costs $99 per month. One hour of Mike\'s lesson costs $150.

    Mr. Baghdady\'s tainted history

    Besides Training Traders, Mike has launched some other websites too, like Spyglass trading which lasted 2 years. New Turtle traders is another trading platform which didn\'t even last a year. All of these platforms seem to be a fraud and that\'s why we have no other choice but to mark Training Traders as a fraud too! We really didn\'t find any trustworthy information that would make us trust this offer. Based on everything that we found out, we hope that people won\'t be wasting their time and money on this fraud.

    trading platform, shady offer, Mike Baghdady, Training Traders
    Scott Evans
    24.10. 2017 12:09  | 

    Latest Forex trading system is The Pattern Trader developed by Mark Shawzin. Mark seems to be quite experienced since he claims to have worked with plenty of Wall Street experts. The problem is that Mark represents himself as some kind of Forex investment guru, while the truth is that he has no positive reputation at all. To be honest, we\'re used to encountering fraudsters representing as something that they\'ll never be able to reach, but Mark didn\'t even try providing any evidence for his statements. That\'s why we\'re going to investigate this shady offer and therefore we recommend you to keep reading our review!

    The Pattern Trader Review

    One of the claims that helped Mark lure innocent traders into his trap says that he\'s turned $3,000 account into $1,500,000 account within a year. This claim is unrealistic and there\'s no evidence to prove it. Besides that, we\'ve also found out that Mark has been involved with many other websites that turned out to be a fraud. These are matadortradingsystems.com, fxquantadvisors.com, axxiomtrading.com and others. Because of being involved in other frauds, the owner of this shady offer doesn\'t seem to have anything that could gain our trust.

    The Pattern Trader Website

    The Trading Pattern\'s website isn\'t made in a bad way, but it\'s not what we should be looking for. There are some sentences talking about Mark\'s credibility and some other claims that are supposed to lure innocent investors. Another product that Mark is featuring is called The Master Pattern Trader and it costs $997 per year. Besides that, there\'s a $1200-per-year The Pattern Trader Accelerator. However, all of these \"amazing\" products have no way of proving their quality. No proven user reviews, no track record, nothing. Based on all of this, we\'re marking The Pattern Trader as a fraud and ending this review.

    trading system, Forex, shady offer, fraud, Mark Shawzin, The Pattern Trader
    Scott Evans
    24.10. 2017 12:08  | 

    Trading industry is experiencing major changes quite often and that\'s why it\'s not easy succeeding at it. Because of that, people have developed something that\'s called a trading robot. Sowelstace Financial is one of these and we\'re going to investigate it in order to provide valuable information for possible users of this software.

    Is Sowelstace Financial Review a Scam?

    Sowelstace Financial is definitely a scam and if you want to find out why, keep reading our honest review.

    Status of the Officials of Sowelstace Financial Review

    Jimmy Rees seems to be the owner of this suspicious offer. First huge turn-off that we encountered is that we couldn\'t verify claims that Jimmy has been saying about himself. We found out that none of the claims about people staying behind this offer are actually valuable - they all seem to be a lie.

    Declaration of Money Back Guarantee

    They are promising that you\'ll be earning money every day, but they \"guarantee\" to give back your money in case of a failure, within 60 days. Why would they need such long time?

    Claim of Loss-free Investment

    Allegedly, they have lost not more than 1 trade within last 4 years. This is way too unrealistic to be talked about anymore.

    UnReal Endorsement Claims

    They tried tricking website visitors by showing signs of \"cooperation\" with certain companies such as McAfee, BBB, etc. However, it didn\'t take us long before we found out that this is not true - it\'s just fabricated.

    Claim of Trading Sessions

    Supposedly, this software has performed more than 1450 trading sessions and yet there are no details that would tell us more about the success rate of this software.

    Claim about Beneficiaries

    Their testimonials seem to be fake and it\'s quite easy to prove that - they used stock pictures and made up characters.


    Based on the evidence that our thorough investigation brought to you, we hope that you\'re now aware that Sowelstace Financial is just a scam. Keep trading carefully!

    trading industry, trading robot, suspicious offer, scam, Jimmy Rees, Sowelstace Financial
    Scott Evans
    24.10. 2017 12:07  | 

    Binary options industry is filled with trading tools but finding the right trading tool is very very hard. Most of them are actually a scam and that makes our search even harder. Pay My Vacation is one of the trading tools and we\'re definitely going to investigate it. It seems that this offer is suspicious because we\'ve found many negative sides of it even before starting the investigation. Keep reading our honest review to find out what Pay My Vacation is actually about.

    Pay My Vacation: The glaring truth

    Jack James is the owner of Pay My Vacation. First of the problems is that we can\'t verify Jack\'s identity and if we don\'t, we can\'t trust him and his products. Another problem is that their website is really bad. It looks like some newbie made it, it doesn\'t seem to promote some serious business software. Their promo video is the same as their website - lacks that professional note that would make it serious and business-like. One of the worst things that we\'ve encountered so far is that they are promoting fake payouts in order to trick website visitors. Without hard evidence, we really have no reason to trust these \"payouts\". Pay My Vacation\'s trial is very bad as well because it doesn\'t show everything that this software usually features, meaning that you can\'t really get to know how this software works. On top of everything, their customer support is terrible without even having the live chat feature.

    Verdict about Pay My Vacation

    We\'ve tried hard and we believe that we\'ve performed the investigation thoroughly enough to bring up all the details. Based on the evidence, Pay My Vacation is nothing more than a scam. Keep trading carefully!

    binary options industry, trading tool, scam, Jack James, Pay My Vacation
    Scott Evans
    24.10. 2017 12:06  | 

    We\'re all aware that binary options industry can sometimes be quite cruel. Because of this, people figured out they can develop something that\'s called a trading software that can help you trade more successfully. However, people also realized that this represents a great opportunity to rip people off. All it takes is to promise something unrealistic and you\'ll find naive investors for sure. This is why we\'re investigating every suspicious offer, including OptiBin Robot. Keep reading our honest review to find out what this software is actually about.

    OptiBin Robot: Uncovering the lies

    First of all, OptiBin is completely automated. Not only that you can\'t affect its trading, meaning that if it\'s bad you can\'t do anything about it, but you\'re also not in charge of your balance. Losing money has never been easier, unfortunately. Next thing is that their website is really bad - their promo video is not where it\'s supposed to be and they are just forcing the sign-up process. The only valuable information we\'ve managed to find is that you have to invest at least 250 euros to get started with it. They are offering 3 different trading strategies and these are Classic, Martingale and Fibonacci. They are featuring a demo version of their software but we highly recommend everyone to not use it because it\'s fabricated and its only goal is to trick you into investing into this bogus software.

    Verdict about OptiBin Robot

    Finding a good trading software isn\'t easy and it sure can be lucrative, but opting for a bad one will not increase your monthly income. Our investigation was hopefully enough for you to help you realize what kind of a fraud we\'re dealing with here. Keep reading our reviews to stay tuned with the latest scams!

    binary options industry, trading software, suspicious, fraud, OptiBin Robot
    Scott Evans
    24.10. 2017 12:05  | 

    Recently we\'ve encountered another trading software called Nexgen. The owner is called John Novak and his software costs $3,500 per 3 months. However, you can get it forever for $16,500, which is supposed to lure traders to grab this \"amazing\" opportunity. It seems that Novak has been involved in trading systems for more than 20 years and one of his latest softwares, besides Nexgen, is Automated Fibonacci. With all of this experience, a person should have had some good reputation. However, John\'s reputation is quite bad which is why this offer seems very suspicious to us. We even found out that John has ripped off people and got fined for that for $120,000. If you\'d like to find out more details about this suspicious offer made by John Novak, keep reading our honest review!

    Nexgen Software Services Review: The ugly truth that you should know

    Even though John got fined for ripping people off, it seems that he hasn\'t stopped doing the same thing. He\'s asking for $16,500 for his \"magical trading indicator\" inside Nexgen Software services. We received many complaints about this offer and that\'s why we\'re doing this review.

    Even the NFA fined John Novak

    John Novak has ripped off way too many people and the authorities decided to punish him real bad. National Futures Association decided to fine him for $40,000 more.

    Investigating John Novak

    To be honest, investigating John wasn\'t too hard since the Internet is filled with stuff about him - like fines, complaints, etc.

    More complaints stacking up against him

    If you want to find more dirty things about John, feel free to search for his name online. That\'s what we did and that\'s what helped us conclude that Nexgen is just a scam which we should all stay away from.

    trading software, suspicious, scam, John Novak, Nexgen
    Scott Evans
    24.10. 2017 12:04  | 

    Binary options industry has been experiencing bogus systems since the beginning. You can easily find some trading system but chances that it is trustworthy are very little. Unfortunately, this also means that most of you have been victims of a scam once in your life. In order to prevent this, we\'re investigating these scams and making reviews for you find out which systems you should stay away from. Keep reading our honest review to find out what Methodox 2.0 is actually about.

    Methodox 2.0: Why this system is so harmful for a trader

    Allegedly, you can earn up to $632 just by using this system. Binary options industry is not easy to succeed at so we\'re having hard time trusting people with claims like these. Trading requires lots of knowledge and experience and this is why we can\'t trust someone who claims that you can earn money almost instantly. Methodox 2.0 supposedly operates with 85% win rate. This win rate is too high to be trusted without some hard evidence. Their story consists of trying to convince us that they\'ve been trying to improve Methodox trading bot for past 2 years, in order to develop the Methodox 2.0. Promises are present, that\'s for sure, but they lack evidence. We\'ve also encountered certain contradictions since they said that their system operates with 75% win rate, and after that, they said that it operates with 85% win rate. Another huge problem which represents a great turn-off is that their testimonials seem to be fake without links to prove their credibility.

    Verdict about Methodox 2.0

    If you\'ve read this review on time then hopefully you stand a chance of not running into this trap. We hope that you\'re now aware that Methodox 2.0 is just a scam which we should all stay away from.

    binary options industry, trading system, bogus, scam, Methodox 2.0
    Scott Evans
    24.10. 2017 12:03  | 

    Binary options industry is the real deal. No messing is allowed. You\'re wrong if you think that you can mess something up and not get punished for that. In order to prevent disasters like losing all of your balance, people started developing what\'s called a trading system. Trading systems are supposed to reduce the risk level which is always present, and to increase profit and win rate. However, not only that achieving this isn\'t easy at all, but it\'s also hard finding a trustworthy trading system. People realized that this is the opportunity for them to fraud naive investors. That\'s why there are so many frauds. Our reviews, however, are here for you to realize which are trustworthy and which are unreliable. Keep reading our honest review about Insured Trading to find out the truth behind this shady offer.

    Insured Trading: The detailed insight about the scam

    First of all, Insured Trading is allegedly free of charge. Rest assured that nothing comes for free, especially not money makers. Next thing is that they talk about risk-free trading system. There is no such thing as risk-free because risk has to be present in the trading industry, that\'s the main part of it. One of the biggest problem is that no matter how hard you search their website, you won\'t find out what they are actually featuring because they didn\'t explain anything. The only thing you can find out is that they are promising a $750-per-hour profit and that\'s it. There are testimonials on their website but since there\'s no way of proving them, we can\'t really trust them.

    The investor\'s strategy

    We do realize that you\'re looking for a reliable trading system, but Insured Trading isn\'t the one. Our review hopefully helped you realize that Insured Trading is a fraud which we should all stay away from.

    binary options industry, trading system, shady offer, fraud, Insured Trading
    Scott Evans
    24.10. 2017 12:01  | 

    In case you\'ve ever wanted to learn Forex trading from a 21-year old female millionaire, Infinite Prosperity is the right place for you. This is an educational website that teaches people Forex trading, aiming at turning its users into millionaires! Allegedly, the owner of this system, Amy Sangster, will reveal her trading secrets to you. These secrets can be bought for $549. However, we\'re quite suspicious about this offer. Why are they trying to make us believe that we can become millionaires within no time, when we\'re all quite aware that trading requires lots of knowledge and time in order to succeed. To find out what this offer is actually about, we decided to investigate it. Keep reading our honest review to find out what our investigation has brought to us!

    Infinite Prosperity Review

    We\'ve been monitoring Google traffic for certain keywords and we found out that \"FX Trading\" is very popular, meaning that any page that ranks high for this keyword, will succeed for sure. That\'s how Infinite Prosperity got lots of members. This is the main reason we\'re investigating this, to prevent people falling for this possible scam.

    What do they offer?

    Their website is quite bad because they didn\'t talk much about Forex trading, which is supposed to be their main topic. Besides their $549 worth trading course, they are also featuring an advisory service that\'s charged monthly for $60. However, they seem to lack the evidence to prove quality of the service they are offering, and that\'s a huge turn-off.

    The first con job that the owners of Infinite Prosperity executed

    Amy Sangster along with her co-salesman Lewis Mocker have been scamming people for a long time already, just under different names. Far From It is the name of a book which they were selling which turned out to be a failure, just like their affiliate marketing platform called Clickbank. Infinite Prosperity is a scam so make sure to stay away from it!

    Forex trading, educational website, suspicious, scam, Amy Sangster, Infinite Prosperity
    Scott Evans
    24.10. 2017 12:00  | 

    There\'s not a chance that a day can pass without some fraud in a form of a trading system is launched into the binary options industry. We wouldn\'t mind fraudsters if they weren\'t trying so hard to trick people, and if people weren\'t so naive. However, since there are many naive investors and fraudsters can sometimes take a step further than we would expect, we\'re investigating any shady offer that we encounter. Big Banks Method is one of the shady offers that we figured out we should investigate. Keep reading our honest review to find out more about this offer.

    Big Banks Method: What makes it such a bad choice?

    Aaron Davis is the owner of Big Banks Method. Aaron is promising many unrealistic things and without any evidence we\'re really not planning on trusting anything that he says. Also, their promo video talks about this and that, but it doesn\'t say anything valuable about Big Banks Method. Allegedly, this system can generate profit for you every 20 seconds. This is yet another unrealistic claim that doesn\'t have any evidence to be proven. Also, you\'re promised to earn up to $250,000 per month, and this is by far the biggest lie Aaron has claimed. Not only that this number is way too high, but there\'s also no way of proving that even Aaron is real, and especially no way of proving that you can earn $250,000 per month using Big Banks Method. Investors who opt for this system will have to invest at least $500 to start trading with this system.

    The final verdict

    Big Banks Method has failed to amaze us with anything. Their promotion consists of bunch of lies and unrealistic promises without any real evidence. We\'re shutting down this review and marking Big Banks Method as a fraud. Keep trading carefully!

    binary options industry, trading system, shady offer, fraud, Aaron Davis, Big Banks Method
    Scott Evans
    22.10. 2017 19:09  | 

    Latest trading system that\'s reached binary options industry is the Trader\'s Buddy. The reason we\'re writing a review is that we\'ve noticed that it\'s getting more popular every minute and we don\'t want people to fall for this fraud. Our honest review based on thorough investigation will help you realize what this is all about. Keep reading!

    Trader\'s Buddy: The real deceit

    Even though there are many promises, Trader\'s Buddy fails to prove anything. On top of that, they didn\'t inform us what this software is based on and how it works. Without knowing this information, we really have no reason to trust this shady offer. This system offers automated trading, semi-automated and social trading. Automated trading, however, is not something you should opt for because not only that you don\'t have the control over your account but you also remain clueless of what\'s happening. You won\'t be able to learn anything and you\'ll just end up losing your hard-earned money.

    On the other hand, semi-automated trading isn\'t good either because nobody guarantees that the signals you would receive are trustworthy. That\'s the thing that can bust many frauds. Another problem is that newcomers have no way of exploring this system because there\'s no proper support. The site is filled with some credibility badges and unrealistic promises, but it\'s just bunch of lies. You can\'t click on these badges meaning that you can\'t check out whether the badges are real or not (they are not real since they can\'t prove it).

    Verdict about Trader\'s Buddy

    Based on everything that our thorough investigation brought to you, we believe that it\'s quite clear now that Trader\'s Buddy is just a fraud. Stay away from it!

    trading system, binary options industry, fraud, shady offer, Trader\'s Buddy
    Scott Evans
    22.10. 2017 19:08  | 

    Trading binary options isn\'t easy, you\'ll agree with us on this one. This is the reason why people started developing something that\'s called trading system. Richard Branson system is the perfect example. The problem, however, is that there are so many trading systems and most of them seem to be a fraud. That\'s why we\'re here, to help you identify trustworthy systems that can actually change your life in a good way, instead of ruining it. Keep reading our review to find out details about Richard Branson system!

    Richard Branson: Destroying the trader\'s future and here are the reasons why

    One of the first things regarding this shady offer is that you have to invest $250 into it. This isn\'t a big amount of money but it\'s not small amount either, especially if you\'re about to waste it on some unreliable system. Next thing is that they don\'t have good chat support. What are people supposed to do when they encounter any kind of a problem or a question? There\'s also a claim saying that you can get this software for 30 days for free, but that\'s not true. The worst thing we found out about this system is that it\'s launched under several other names as well! These names are Safeguard Trader, GPS Trader and Profit Maker. We could easily stop talking about this software and simply end the review right now, after finding out that there are more frauds launched just under different names! This is horrible.

    Verdict about Richard Branson

    We really have no other words for this fraud. We\'ve brought, hopefully enough, evidence for you and we\'d like to end our review now. We highly recommend you to stay away from the Richard Branson fraud!

    binary options, trading system, unreliable, fraud, Richard Branson
    Scott Evans
    22.10. 2017 19:07  | 

    Binary options industry is the place where you can become what you\'ve always wanted. However, that\'s not easy nor cheap. Because of how hard and risky it is, people realized that having a help by their side, like a trading robot for example, can help them achieve what they are aiming for. There are many trading robots out there, but not all of them are helpful. Actually, there are few that can actually help you, and tons of them which you\'ll just waste your money and your time on. In order to help you identify which are good and which are not, we\'re investigating all of these offers. Neuro Trader is a trading robot whose details we\'re about to reveal, so keep reading the review!

    Neuro Trader: Unleashing the loopholes

    As Neuro Trader says, you can earn up to $10,000 using their amazing trading robot. Not only that this number is too high to be real, but there\'s also no evidence to prove such unrealistic claim. They didn\'t explain anything about this trading robot, meaning that we end up having to buy this product without knowing how and what does it do. Only thing we know is that it predicts what\'s going to happen; Yeah right! Nobody can predict market movement, that\'s why it\'s one of the riskiest industries ever. There are more bad things such as no way of contacting them since they don\'t respond to emails and they don\'t have a live chat.

    Scam Personalities behind the system

    Owner of Neuro Trader is Jeff Blumenthal and this is another problem - we didn\'t find any information about this guy. If we can\'t even find out whether this is a real character, how are we supposed to believe that this is some expert trader whose robot we should buy?

    On top of everything, they don\'t have any testimonials! This is too much. We really have no other choice but to mark it as a scam and to recommend you to stay away from Neuro Trader!

    binary options industry, trading robot, scam, Jeff Blumenthal, Neuro Trader
    Scott Evans
    22.10. 2017 19:06  | 

    Binary options industry grows so fast and unfortunately, besides number of traders, number of fraudsters is increasing as well. That\'s why can find a fraud anywhere but we can hardly find genuine trading system. Invest.com is a trading system which can allegedly help you increase your monthly income by trading binary options. However, we\'re aware that there are many frauds out there and that\'s why decided to investigate this shady offer. If you\'d like to find out whether Invest.com is trustworthy or phony, keep reading our review.

    Invest.com: What makes it so bad?

    First major problem which we encountered is that there is no promo video on their website. Besides that, they also said that they are offering a demo, but they didn\'t make it clear whether we have to pay to try it out, or if it\'s free. They mentioned a chat support but since it\'s not a live chat support, we don\'t really see how that can be something good. They are also asking for way too much of personal information and we highly recommend you NOT to give it to them. Regarding the technology their system is based on, they just said that it\'s \"ground-breaking\" but they didn\'t explain what it\'s called nor how it works. Allegedly there are 2 services that Invest.com features, and that\'s trading and portfolio management.

    Scam personalities behind Invest.com

    Invest.com remains anonymous since they didn\'t give us any information about the owner. Even if things were going good so far (which they weren\'t), finding out that we don\'t know how the owner is makes things quite different.

    On top of everything, they don\'t even have testimonials. This was the final evidence that we needed. After all of this, we had no trouble concluding that Invest.com is a fraud. Keep trading carefully!

    binary options industry, trading system, shady offer, anonymous, fraud, Invest.com
    Scott Evans
    22.10. 2017 19:05  | 

    Forex industry isn\'t easy to handle, and we\'re sure that anyone who tried trading Forex has experienced the same thing. That\'s why people are looking for a promising trading system, to decrease loss rate and to increase their monthly income. One such trading system is FX CHILDS PLAY SIGNALS. However, not all trading systems are promising - it\'s actually very hard finding a good system since most of them are just a scam. In order to find out whether FX CHILDS PLAY SIGNALS is a genuine or unreliable trading system, we recommend reading our entire review.

    FX CHILDS PLAY SIGNALS: Why you have to say no to it?

    It\'s quite pathetic seeing that FX CHILDS PLAY SIGNALS tries to manipulate (hypnotize) traders making them think that this is the only genuine trading system they\'ll ever be able to find. They say that their system can bring you 300-500% profit. Allegedly, this is the story - Farhan, the owner of this system, gets access to your account and places trades based on trades that some expert have made. So, not only that by doing this you\'re not learning anything, but it\'s also based on simple copy trading which is never good.

    Allegedly, you can easily earn up to $12,000 within no time. Besides all unrealistic promises, we actually have no idea how this software works and what technology it\'s based on. They didn\'t give us any valuable information and that represents a huge turn-off.

    Verdict about FX CHILDS PLAY SIGNALS

    Genuine trading system should have positive reviews, owner whose identity and experience we can verify and it should be based on a technology which we\'re introduced to. FX CHILDS PLAY SIGNALS, on the other hand, failed in everything of the above. That\'s why we\'re marking it as a scam and ending this review.

    Forex, trading system, scam, Farhan, FX CHILDS PLAY SIGNALS
    Scott Evans
    22.10. 2017 19:04  | 

    Trading binary options was never easy and trading software can really help with that, a lot. However, people realized that many investors and traders are looking for a solution like that one and they came up with an idea to make a phony trading software and rip people off. That\'s why you shouldn\'t just blindly trust any software that you encounter. In order to help people save their hard-earned money, we\'ve decided to investigate Free Profit Code, a trading software, and to show the world what\'s actually going on here. Stay tuned and be one of the first to find out!

    Unwrapping Free Profit Code

    Free Profit Code can, allegedly, help you earn $31,205. Without any evidence, we really have nothing to talk about, since this amount of money is way too high. An advice you can get from us is not to leave your main email address to everyone because your inbox will easily get flooded with all kinds of promotions and scams. Their website is really bad because it doesn\'t show any information about Free Profit Code nor about its services. If you\'d decide to sign up for an account, you\'d get redirected to one of their brokers whose account you\'re supposed to invest into. However, they didn\'t give out the name of the supposed broker, meaning that we can\'t find out whether that broker has a license or not. Dealing with unregulated brokers is very dangerous, keep that in mind!

    Scam Personalities behind Free Profit Code

    Natalie seems to be the owner of Free Profit Code. Unfortunately, Natalie seems to be just a phony character since we couldn\'t verify her identity and we also couldn\'t find any connection between her and Free Profit Code - except for the one mentioned on her website.

    Final thing we\'re about to reveal is that they don\'t even have testimonials. Not only that they didn\'t find ways to prove their statements and promises but they also failed to prove us that there actually are satisfied users of this software. Therefore we\'re labeling Free Profit Code as a scam and we hope that people won\'t be falling for it anymore.

    binary options, trading software, phony, scam, Natalie, Free Profit Code
    Scott Evans
    22.10. 2017 19:04  | 

    Trading binary options was never easy and trading software can really help with that, a lot. However, people realized that many investors and traders are looking for a solution like that one and they came up with an idea to make a phony trading software and rip people off. That\'s why you shouldn\'t just blindly trust any software that you encounter. In order to help people save their hard-earned money, we\'ve decided to investigate Free Profit Code, a trading software, and to show the world what\'s actually going on here. Stay tuned and be one of the first to find out!

    Unwrapping Free Profit Code

    Free Profit Code can, allegedly, help you earn $31,205. Without any evidence, we really have nothing to talk about, since this amount of money is way too high. An advice you can get from us is not to leave your main email address to everyone because your inbox will easily get flooded with all kinds of promotions and scams. Their website is really bad because it doesn\'t show any information about Free Profit Code nor about its services. If you\'d decide to sign up for an account, you\'d get redirected to one of their brokers whose account you\'re supposed to invest into. However, they didn\'t give out the name of the supposed broker, meaning that we can\'t find out whether that broker has a license or not. Dealing with unregulated brokers is very dangerous, keep that in mind!

    Scam Personalities behind Free Profit Code

    Natalie seems to be the owner of Free Profit Code. Unfortunately, Natalie seems to be just a phony character since we couldn\'t verify her identity and we also couldn\'t find any connection between her and Free Profit Code - except for the one mentioned on her website.

    Final thing we\'re about to reveal is that they don\'t even have testimonials. Not only that they didn\'t find ways to prove their statements and promises but they also failed to prove us that there actually are satisfied users of this software. Therefore we\'re labeling Free Profit Code as a scam and we hope that people won\'t be falling for it anymore.

    binary options, trading software, phony, scam, Natalie, Free Profit Code
    Scott Evans
    22.10. 2017 19:03  | 

    It\'s quite possible that you\'re either not using any trading system or that you\'re using one of the bad ones. We know how tough binary options industry is and how hard it is finding a trustworthy trading system. This is the main reason why we\'re doing this. Evergreen Commission Machines represents one of these trading systems and we felt the need to reveal its details in order to help people realize what\'s actually going on here. Our main goal is to help people see things clearly! Keep reading our honest review to find out what this shady offer called Evergreen Commission Machines is all about.

    Evergreen Commission Machines: The bitter reality

    Evergreen Commission Machines is NOT a system which will increase your monthly income - in fact, it will decrease it even more! You\'ll agree with us that when a system offers a demo, we\'re able to find out more about the system and see if we are willing to invest into it, or not. However, ECM (Evergreen Commission Machines) doesn\'t offer a demo. Howe are we supposed to know what we\'re dealing with if they are not going to provide us with a demo? Another problem is that ECM remains anonymous and that\'s a huge turn-off. They didn\'t tell us anything about the owner of this shady offer, and yet they expect us to invest into their system. Their support is also terrible and their tricks are simply pathetic.

    Verdict about Evergreen Commission Machines

    At the end of this review we\'re really wondering whether there\'s really need for us to talk any further about this fraud. We\'ve provided enough evidence which will hopefully help you realize that Evergreen Commission Machines is a fraud and we hope that you\'ll avoid it big time!

    binary options industry, trading system, shady offer, anonymous, fraud, Evergreen Commission Machines
    Scott Evans
    22.10. 2017 19:02  | 

    Trading industry is not easy to handle, and we\'re aware of that. That\'s why traders often seek for an automated robot which will increase their win rate and their monthly income. Epix Trader represents an automated robot which generates signals for you to follow. We realize that you\'d like to know whether or not these signals are trustworthy, and that\'s why we\'ve decided to investigate this suspicious offer. Keep reading our review to see what we found out about Epix Trader.

    Epix Trader: The reality unleashed

    One of the first things that we noticed is that they have a fake membership counter on their website, which is supposed to trick us into thinking that they have many members and that the number keeps rising. Not only that it doesn\'t represent anything meaningful, but it can also be fabricated. They also mentioned that there\'s nothing to learn - just use their robot and you\'ll be fine. How can anyone promise you any kind of success if you don\'t learn anything? Besides that, they said that they are using some amazing technology but we have no idea what kind of technology is that and how is it supposed to work. On top of everything, they claim that their signals are highly accurate. However, without evidence, we really don\'t have a reason to trust this statement.

    Scam personalities behind the system

    Mark Evans is the owner of Epix Trader. It\'s good that they gave us a name of this system but that doesn\'t mean we should blindly trust anything they say. We couldn\'t find anything valuable enough that would prove Mark\'s reputation nor the connection between him and the Epix Trader.

    There also weren\'t any testimonials to prove their trustworthiness. Based on everything that we\'ve discovered, we conclude that Epix Trader is just a scam which you should stay away from.

    trading industry, automated robot, suspicious offer, scam, Mark Evans, Epix Trader
    Scott Evans
    22.10. 2017 19:01  | 

    In case you\'ve been struggling with the binary options industry, we\'re sure that you\'ve desperately searched for a solution. Finding a trustworthy trading software seemed like a good solution but that\'s nowhere near easy finding. There are plenty of trading softwares and almost all of them are a scam, which makes it even harder finding a promising one. This is where we step in to help you! We\'re going to investigate Digital Income Method in order to show you the real deal behind their mask. Keep reading our review to find out more!

    Digital Income Method: This system can in no way make money

    Mack Mills is the owner of this suspicious offer. Allegedly, you can earn up to $500 per day, or even more! However, people fall for these claims without realizing that there\'s no such job where you can just sit and watch your income growing. People keep forgetting that trading requires lots of knowledge and experience, and Digital Income Method acts like you don\'t need any of that. One amongst many problems regarding this scam is that there\'s no trial version, meaning that there\'s no way for you to find out more about this software. How are we supposed to know what we\'re dealing with and what we\'re going to invest into, if we can\'t get access to its trial version? There is simply no reliable information anywhere on the Internet and especially not on their website, that would tell us more about this software.

    Verdict about Digital Income Method

    We believe that our thorough investigation brought enough evidence on the table. Digital Income Method is a scam and we highly recommend you staying away from it!

    binary options industry, trading software, suspicious, scam, Mack Mills, Digital Income Method
    Scott Evans
    22.10. 2017 19:00  | 

    Perhaps you\'re one amongst many who are trying to find a trustworthy trading system that will help them trade binary options. Because of people like you, we\'re doing what we\'re doing - investigating offers that could be a fraud. CFDSOCIETY is another trading system which we\'re about to reveal in order to help people realize the truth behind it. Our honest and thorough reviews can sure help you with that, so keep reading!

    Uncovering the CFDSOCIETY Scam

    CFDSOCIETY promises that you can earn more than $60,000 within 20 minutes. First of all, you should know that earning this much money within 20 minutes is impossible, and even if it had any chances of happening, we would still need evidence to prove that. However, CFDSOCIETY has no evidence for us. Also, rest assured that they\'ll be looking for your email address and we highly recommend you not to give it to them because you\'ll soon start getting spammed by tons of marketing emails.

    One of the lame tricks that they are using is showing counter for VIP spots. By showing you that there are only 3 VIP spots left open, they are aiming to trick you into signing up before the number reaches 0 - fun fact, it will never reach 0 because it\'s just a trick. Their promo video is almost the same as every other - similar bogus lies and unrealistic promises.

    Scam Personalities behind CFDSOCIETY

    Chris Chase is the owner of CFDSOCIETY. Unlike for other owners, we were able to find SOMETHING online about Chris Chase, but it were all negative reviews of his system CFDSOCIETY.

    Even though there are some testimonials on their website, they seem to be fake. Without follow links to alleged loyal users, we can\'t tell for sure whether testimonials are trustworthy or not. We\'ve encountered enough problems for us to mark it as a fraud and to recommend you to stay away from the CFDSOCIETY.

    trading system, binary options, fake, fraud, Chris Chase, CFDSOCIETY
    Scott Evans
    21.10. 2017 18:09  | 

    Recently we\'ve encountered certain automated trading software that operates with Forex. This software is, allegedly, so good that it doesn\'t place a trade unless it\'s absolutely certain that it will make profit. You\'re promised to earn $8,000 per month. You\'ll agree that all of this seem interesting, but we\'ve decided to investigate this shady offer in order to find out what\'s actually going on behind it.

    Who stays behind Trend Catcher?

    Their website trendcatcher.co didn\'t give us any valuable information. We have no idea who stays behind Trend Catcher and this is a sign that indicates that we could be dealing with a fraud here. We recommend you to be really careful with offers like this one!

    How Trend Catcher Works?

    This is another thing that we remain clueless about. We\'re just being informed that it guarantees money and that it catches small trend indicators thanks to moving averages, but that\'s it.

    Disturbing things found!

    They used fake testimonials and here\'s how we know it - they used the ones that were used for Google Trader, which turned out to be a fraud as well. They even made a mistake leaving 2 different names who were supposed to be owners of this fraud.

    Do you remember any broker names which you\'ve heard during their promo video? No? We don\'t remember either. That\'s because they didn\'t mention any. Trading requires having a broker, and if you\'re messing with unregulated brokers, you\'re practically doomed. Stay aware!

    Trend Catcher Scam Review - Conclusion!

    We hope that we\'ve managed proving you that Trend Catcher is just a fraud and nothing else. We recommend you to stay away from it!

    automated trading software, Forex, shady offer, fraud, Trend Catcher
    Scott Evans
    21.10. 2017 18:08  | 

    Trader Insight is another trading school that teaches Forex trading. People would easily wall for any kind of a fraud, as long as it is marketed in a good way. However, Trader Insight is really a bad fraud and we\'re wondering how is it possible that people still keep getting tricked. Keep reading our review to realize what\'s this shady offer actually about.

    Trader Insight Review: A must-read for anyone who is contemplating to use this service

    The owner of Trader Insight, Adrian Manz, seems to be someone who knows what he\'s teaching - he\'s published some informative books that seem to have positive reviews. This tells us that this owner could really be capable of teaching basics of trading. Besides that, Adrian has been featuring trading educational courses since 2006. Trader Insight features live trading and educational courses that can be downloaded. \"Trading Like A Pro\" video course can be bought for $300 and \"Income Trading Academy Course\" can be bought for $7,500. Stock trading 101 and 102 can be bought for $125 and $175, and Adrian\'s books cost between $35 and $59. Live trading services can be bought for, depending on the package you opt for, a price ranging from $97 to $179 per month. You can even get Rapid Retirement System for $1,497 per year.

    How about his track record?

    We believe that you\'ll agree with us that track record is one of the most important things when it comes to proving someone/something and gaining trust. However, Trader Insight fails to prove anything. They have no track record, and yet they expect us to trust the quality of their service.

    Online reputation

    Besides track record, reviews and reputation are as important too! After googling Trader Insight, we\'ve encountered certain negative reviews. However, what made us conclude this review is a report which we found online. One trader decided to try out \"Around The Horn Pattern Scan\" and when he realized he isn\'t satisfied, he asked for his money back (because money-back policy was guaranteed). Guess what happened - Trader Insight completely ignored this trader and that\'s how he and many others lost their money. We believe that you\'re now aware that Trader Insight is a fraud and we hope that you won\'t fall for anything like this!

    trading school, Forex, shady offer, fraud, Adrian Manz, Trader Insight
    Scott Evans
    21.10. 2017 18:07  | 

    Latest trading system that we\'ve encountered is Long Vision FX. Allegedly, it promises great earnings on long stages, and that\'s what got our attention. Long Vision FX\'s website is hosted by Feycox.com. It seems that Long Vision FX is all about keeping DD very low and not impeding the growth of the account.

    Long Vision FX Review

    It seems that Long Vision FX is based on a strategy that uses broadening of currency pairs traded. Developer of Long Vision FX is Feycox Development S.L. and they are situated in Pamplona, Spain. There also seem to be some affiliations with Forex VPS called VPSEnry. They did leave an email address, but we don\'t know how long it takes them to reply emails. We\'d like to highlight that Long Vision FX isn\'t an expert advisor. This means that it\'s not necessary for you to buy this, so you can trade Forex successfully.

    The Services offered by Long Vision FX

    Long Vision FX is actually managed Forex account. You can follow them on MyFXBook. In order to join Long Vision FX, you have to invest 10,000 euros. We realize that trading Forex isn\'t easy, but do you really have to invest this much? They wanted to gain our trust by telling us that their recommended broker is STO UK, which is certainly regulated, but still, 10,000 euros is way too much. However, we\'ve encountered more problems. Not only that you\'ll be receiving no more than 30% of profits, but there are also monthly commission fee and 0.2 mark up pip for all trades.

    Break down of product/service features

    Long Vision FX is based on Trend Based High Volatility strategy. However, this strategy brings a lot of risk with itself.

    Trading results

    MyFXBook results seem to be pretty good for Long Vision FX. However, we\'ve been witnesses many times that MyFXBook results can be phony or simply not reliable. On top of everything, asking for this high initial investment is quite suspicious. Even though there are some positive things regarding Long Vision FX, there are still many signs that indicate that we could be dealing with a scam. We recommend you to be careful!

    trading system, managed Forex account, Forex, suspicious, scam, Long Vision FX
    Scott Evans
    21.10. 2017 18:06  | 

    Rio Profits represents another binary options trading software that promises great achievements to whomever uses it. Allegedly, you can earn up to $237 per hour using this software. $5,000 can be yours every day! As soon as you sign up for this software, you\'ll get redirected to your own advisor. Keep in mind that this software is automated. Besides that, it\'s also completely free. If you\'re curious, like we were, to find out what this software is actually about, keep reading our honest and thorough review.

    Background of Rio Profits

    Owner of Rio Profits is Andrew Reynolds. However, we can\'t confirm that Andrew is any kind of trading expert because we can\'t find any association between him and anything else, except for Rioprofits.co. This is what makes us suspicious and not without a reason. They expect us to trust some guy without knowing anything about him. That\'s way too ridiculous - a man has to have experience and has to be able to prove that, in order to gain our trust.

    Working of Rio Profits

    As they claim, Rio Profits software is able to learn many things just by analyzing history and since it\'s automated, it will make \"best\" decisions and place trades on its own. However, they just told us \"what\" their software does. They didn\'t explain HOW it does. Not a single strategy nor algorithm was explained in their promo video - we\'re just supposed to blindly trust this \"genuine\" trading software?

    Are these real members of Rio Profits?

    They showed us faces of alleged members of Rio Profits. However, it didn\'t take us long before we found out that the same faces were used to fake members of another binary options trading software (which turned out to be a scam as well). Tesler App is the software whose members seem to be the same as Rio Profits\' members. Hopefully this is enough evidence for you to mark Rio Profits as a scam and to never mess with it.

    trading software, binary options, automated, scam, Andrew Reynolds, Rio Profits
    Scott Evans
    21.10. 2017 18:05  | 

    Pro 9 Live represents day trading room that was previously called Smart Money Room. Keep reading this review to realize what Smart Money Room, or Pro 9 Live to be precise, is all about.

    Pro 9 Live Review: Dirty history has tainted the reputation of this website

    This day trading room is owned by Steve DeWitt. Besides Steve\'s name, we\'ve encountered another name, and that\'s lead instructor called Scott Dahlquist. Their service costs $197 per month, or if you subscribe for 6 or 12 months, it\'s $985 and $1,773 (respectively). These packages offer extra months as well. They are even offering a free trial, but in order to sign up for it, you need to provide your credit card details - rest assured that they will charge you as soon as the trial ends. There\'s also a YouTube page where you can access all of their content for free. However, their live trading videos are actually Ninja Trader market replays. There\'s also a claim saying that features cost between $2,000 and $5,000. There\'s a huge problem here, and that is their performance evidence. They claim that they\'ve made $3,435 of profit within 1 month, but allegedly only members can see trading results. This is very bad! If you want more members, show them your results - not force them to pay in order to gain their trust.

    Who is Scott Dahlquist of Pro 9 Live?

    He\'s a trader who started trading in certain fields in 2007 and started trading others in 2014. He\'s using the \"most profitable trading strategies\" - Pro9Trader suite of trading tools. That\'s his story, of course. It\'s not like we have any reason to believe that.

    Taking a closer look to establish whether these claims are true

    Our investigation helped us find out that there\'s connection between Scott and Steve, and other systems that turned out to be a scam as well. Our review ends with our conclusion that Pro 9 Live is just a scam and we highly recommend you to stay away from it.

    day trading room, scam, Steve DeWitt, Scott Dahlquist, Smart Money Room, Pro 9 Live
    Scott Evans
    21.10. 2017 18:04  | 

    For some time already, people have been joining the binary options industry more and more. People realized that they can earn a lot of money just by sitting at home. Even though trading is easy in matters of not having to do any physical work, it\'s still not that easy performing it and it definitely isn\'t that easy succeeding at it. Because of that, people often decide to use trading tools in order to increase their win rate. That\'s how people ran into HighLow. However, trading tools aren\'t always genuine - in fact, most of them just represent a fraud that tricked many innocent investors. That\'s why we\'re here - to reveal as many frauds as we can. Therefore, we recommend you to keep reading our honest review to find out what HighLow is actually about.

    Uncovering the truth

    The first suspicious thing which we noticed is that they are promising $50 for free to anyone who signs up for an account on their website - if they are so good, why would they need to lure members like this. Next thing is that they are mentioning 200% return of investment. This number is way too high and, besides that, they have no way of proving that. Another bad thing is that they are talking about \"dedicated support\" and yet we can\'t find any support for unregistered users. There\'s also no way of contacting them. They are offering demo accounts but we recommend not trying them out because those are often made in such way that it shows winning trades only, tricking you into buying their system.

    Scam Personalities behind HighLow

    Testimonials represent one of the most important things when it comes to rating trading tools, and yet HighLow has no testimonials. Unfortunately, we\'ve encountered too many bad things related to HighLow and we have no other choice but to end this review by marking HighLow as a fraud. Keep trading carefully!

    binary options industry, trading tools, suspicious, fraud, HighLow
    Scott Evans
    21.10. 2017 18:03  | 

    Not so long ago, we\'ve encountered certain training program that teaches Forex trading, and it\'s called Forever in Profit. Even though this seems interesting at first, they have no trading record to prove their skills and experience. Their website is made in such a pathetic way - they are using pictures of luxury cars and properties in order to trick people into thinking that their program is genuine. Their promo video is not better either. They didn\'t explain anything regarding their program - they just talked about luxury, examples of what you could achieve if you join their training program, etc. This is why we felt the need to investigate this and to help you realize what this is all about.

    Forever in Profit Review

    They put all of their effort towards tricking people and we highly disagree with that kind of effort. They are using the so-called \"Trader porn\" approach. If it was up to us, we\'d forbid this. Trading Forex is a serious thing - they should be able to show us how serious they are, in order to gain our trust. Remember, without trust, nothing can be achieved.

    What they claim to teach

    First of all, they want to teach you the market\'s basics. After that, they\'re going to teach you various trading methods. Allegedly, when you complete their program, you\'ll become successful trader that knows everything about trading, market movement, trading softwares, etc. On top of everything, they said that there is no refund policy.

    Another risk disclaimer

    What made them think that we should listen to trading lessons from someone who has no track record and who is a complete stranger to both market and internet? We went one step further and asked the owner of website to tell us why isn\'t there any track record, and he said that the content was made for educational purposes only. There is not a single thing related to Forever in Profit that would change our mind, and we conclude that Forever in Profit is just a scam. Remain careful!

    training program, Forex trading, Forever in Profit
    Scott Evans
    21.10. 2017 18:02  | 

    Ken Calhoun is the alleged owner of a trading platform called Day Trading University. Ken\'s platform has been active for around 15 years now, and this is one of the main things that confuse us. How come fraudsters remain selling their phony services for so long? Anyways, keep reading our honest review in order to find out what Day Trading University is actually about.

    Day Trading University Review

    Ken is one of the guys who think selling bunch of different stuff will help him succeed. The worst thing is that he did manage staying in the game for so long, using this tactic. There are more than 50 websites ran by Ken. Just to help you, here are some names that you should avoid - TradingLife, Forexbreakouts, TradingtheOpen, Traderscash, etc. We remind you to be careful because every Ken\'s fraud is made in quite a professional way - good content and really good training videos. Besides everything that he offers, he also teaches one-minute candle charts, breakouts, gaps, etc. Another trading method sticks around his name, and that is tape reading.

    The Money Show website

    Money Show represents a trading convention that\'s being held in many major cities around the world, every quarter of the year. Biggest problem is that Money Show is being ran by fraudsters. This means that Day Trading University could be one of the topics that Money Show talks about - and there are many traders, both newbies and experts, attending these conventions. What we\'re trying to say is that Day Trading University can easily get tons of users who are going to suffer major money loses.

    So, is Ken of Day Trading University a con?

    Keep in mind that Ken is one of the greatest marketing artists that we\'ve encountered so far. He is capable of selling anything to anyone - that\'s why you need to stay away from anything related to him. Day Trading University is just another fraud made by Ken and we need to raise awareness.

    trading platform, phony, fraud, Ken Calhoun, Day Trading University
    Scott Evans
    21.10. 2017 18:01  | 

    Latest trading system that operates with binary options is the Cash 365. Allegedly, you\'ll be able to earn $1,875.39 per day, every day. Apparently, it\'s easy to use and free of charge. Since this seemed suspicious to us, we\'ve decided to investigate it. Stay tuned to find out what\'s this system actually about.

    Who stays behind Cash 365?

    Unfortunately, this system remains anonymous. There wasn\'t any useful information on their website cash365.co and they certainly didn\'t mention who stays behind Cash 365. This is a major turn-off and it hardly indicates that it could be a scam.

    How Cash 365 Works?

    As they claim, it was developed by math geniuses and experienced Wall Street brokers. However, this would mean that the software is genuine but how come nobody has ever heard of it, if it was so good? Also, why would the spots be limited - it makes no sense. There are many things about this system that make no sense, and at the end, we have no idea how it actually works.

    Disturbing things found!

    Their software seems to be providing signals, and that\'s considered as giving financial advice. This is kind of activity that requires a license in order to be legit. However, if you don\'t know who stays behind this, how can you know if they own a license or not?

    Their testimonials consist of fabricated photos and paid actors, so don\'t waste your time checking them out.

    More alarming things

    Don\'t forget that you have to invest at least $250 in order to start trading with Cash 365. The problem is that you\'re supposed to invest that money into one of their brokers\' account, and you have no idea who that broker is. Remember that dealing with unregulated brokers will lead to complete disaster.

    Cash 365 Scam Review - Conclusion!

    We believe that we\'ve provided enough evidence for you to realize that Cash 365 is a scam. Be careful!

    trading system, binary options, suspicious, anonymous, scam, Cash 365
    Scott Evans
    21.10. 2017 18:00  | 

    Currently, binary options represent one of the fastest growing industries. People all around the world are opting for trading for increasing their monthly income. In order to succeed at trading, many traders and investors are looking for a genuine trading system which will help them with trading. Binary Today 5 is a trading system which we\'ve decided to investigate in order to help people realize what this system really represents. Keep reading review to find out!

    Binary Today 5: Bringing reality to light

    Supposedly, you\'ll start receiving trading signals as soon as you download their system. However, who can prove that their signals are trustworthy? There\'s not even a free trial to figure out how things work. Without a trial, there\'s not a single way for you to find out how the system is supposed to work and whether or not it\'s worth your money and your time. Besides that, they didn\'t even mention the name of a broker who would be assigned to you. If you get connected with some unregulated brokers, things could go very bad and you wouldn\'t be able to fix anything - you would simply be sitting and watching how your money fades away. Allegedly, this software works with 81% win rate, but there\'s no evidence to prove that. Supposedly, you can earn up to $1,000 per day using this system. As you can see, there are many promising claims but they actually failed to prove any of that. We can\'t just blindly fall for fake promises.

    Scam personalities behind this system

    John Kane is the owner of this trading system. The problem with John is that we have no idea who he is, nor how and if he is related to Binary Today 5. They did state him as the CEO, but there\'s no actual evidence to prove it. As you can see, it\'s all about the evidence, and Binary Today 5 failed to show any evidence. That\'s why we\'re marking it as a scam and we hope that people won\'t be falling for it anymore.

    binary options, trading system, scam, John Kane, Binary Today 5
    Scott Evans
    19.10. 2017 18:45  | 

    Trading isn\'t easy. Forex industry has never been kind to traders and it probably never will be. People are dealing with losses in various ways, and not all of us can handle the loss in the same way. One thing is for sure - nobody likes losing, and we\'re all searching for something to change our world. This can easily be done with trading systems, but it\'s nowhere near easy identifying which systems are trustworthy and which ones are unreliable. That\'s why you should be reading our honest reviews - follow our investigations and see for yourself which systems are worth it.

    Exposing Velev Trade

    As we\'ve already mentioned, trading isn\'t easy and it requires lots of time and lots of lost trades in order to get better at it. Velev Trade offers live trading sessions every day and they guarantee you great earnings. The problem is that all of these live webinars will not generate money for you. Tips and advices can help you a bit, but nobody should guarantee that their tip will turn you into a millionaire. As soon as you sign up for an account at Velev Trade, you\'ll be offered to opt for one of their brokers. The problem is that you have no idea whether their brokers are unregulated or not, because they didn\'t give out info about any of the brokers.

    Scam Personalities behind the system

    Ventsislav Velev is the owner of Velev Trade. Even though Ventsislav owns a Facebook profile, that doesn\'t help us at all. In order to believe a system\'s reliability, we have to know for sure that its owner is an expert trader with lots of experience behind him. However, if we can\'t even identify Ventsislav\'s identity, and we especially can\'t confirm whether he\'s a trade expert or just a nobody, how are we supposed to trust that Velev Trade is trustworthy? This is perfect example of a scam which you should stay away from. Trade carefully!

    trading, trading systems, Forex, scam, Velev Trade
    Scott Evans
    19.10. 2017 18:40  | 

    Binary options industry has seen many fraud-like trading systems, and one of those is Steal My SYstem. This suspicious offer has got our attention and we decided to investigate it and to provide you with a honest review which is supposed to help you realize what this offer is actually about.

    Steal My System: Deciphering the truth

    Developers of this fraud didn\'t want to push it too far, so they decided to ask for $47 for their system. If they are willing to sell their system for this small amount of money, we can\'t help but wonder whether their system is just bogus and they want to get easy money, or if they are benefiting a lot from it, and that\'s why they don\'t care for the sell price. Allegedly, you can earn up to $3,267 per day using this system. Their website doesn\'t seem to provide any reliable information. Unrealistic claims and unachievable promises is all that their website provides.

    Scam Personalities behind the system

    Steve is the owner of Steal My System. The problem is that we couldn\'t find any information about this Steve so we can\'t identify his identity nor the connection between him and Steal My System. We did see the testimonials that they provided but we\'re not amazed by them. The reason for this is because they most likely consist of fabricated thoughts, represented by paid actors. Rest assured that, besides verified results, user reviews are the most important thing to follow when deciding whether a system is trustworthy or not. The least thing we can say is that Steal My System won\'t give you the money you\'re expecting. At last, we conclude that Steal My System is just a fraud which you shouldn\'t get in touch with. Trade carefully!

    binary options, trading systems, suspicious offer, fraud, Steve, Steal My System
    Scott Evans
    19.10. 2017 18:35  | 

    Another signal generator that got our attention is the Signals24. The main reason we\'re immediately marking this as a shady offer is a fact that there are many negative reviews and that\'s one of the things that we value the most. However, let\'s not conclude anything yet. Let our investigation-followed review explain everything to you.

    Signals24: Who They Are and What you Stand to Achieve from Them

    Forex traders are the target group Signals24 is trying to reach. This signal provider\'s win rate is 95% (as they claim), and you can sign up for free for 2 weeks, after which you\'ll be required to pay a subscription fee. Another reason why we\'re so insecure about this offer is that they didn\'t show us the prices - you have to either get a bill for it in order to find out the price, or you have to bother them via email or chat to find it out. That\'s bad.

    Signals24: A Total Joke, and Here\'s Why

    Large number of negative reviews helped us realize the entire picture of this offer. All of them were saying the same thing - it\'s a joke. When we signed up for free, we did receive signals, but they didn\'t specify whether we should Buy or Sell.

    Signals24 has the worst customer service ever

    The welcome email you\'re receiving upon signing up for this service, can\'t be answered to. Their \"Contact us\" page doesn\'t offer any valid email nor contact either. Their \"chat\" isn\'t live, meaning that nobody guarantees that you\'ll ever get an answer.

    Facebook fan page

    Their Facebook page doesn\'t have little followers, and the user activity seems okay, but the problem is that users aren\'t discussing Signals24 at all.

    Performance can\'t be verified

    Their past performance shows us that they somehow managed to grow from netting 700 pips in May, to netting more than 4,000 pips in June, 2017. This is way too unachievable to be further discussed. We hope that you\'re now aware of what kind of a scam this Signals24 is. Stay away!

    signal generator, Forex, scam, Signals24
    Scott Evans
    19.10. 2017 18:30  | 

    Latest signal generator which operates with Forex, that we\'ve encountered, is Real Forex Signals. It\'s located at real-forex-signals.com and it represents the kind of signal generator that you should NOT be messing with. User reviews are something that we all appreciate the most, and this is the main reason why we\'re marking this as a suspicious offer right now - because of so many negative reviews. However, keep reading our review in order to realize what has our thorough investigation taught us about this signal generator.

    Real Forex Signals: An Overview of this Service

    Allegedly, this signal generator is able to produce signals which make up to 3,000 pips per month. There\'s also a claim saying that they can make 10,000 signals per week. The numbers are quite unrealistic and therefore we\'re not completely sure whether they made a mistake, or if they are simply promising unreachable things.

    Website Overview

    There isn\'t much of the valuable information on their website. Just tons of generic information that\'s supposed to trick us into believing that the system is genuine, but we didn\'t get much information off that.

    Who owns Real Forex Signals

    Peter Goldfarb is the alleged owner of this signal generator. The problem is that there isn\'t any information about this guy. His profiles are empty and not popular, meaning that we couldn\'t find a way to prove that this guy is some expert, worth giving money to.

    User Reviews: There is None!

    Even though they said that Real Forex Signals is active since 2007, there isn\'t any performance history to prove that. There\'s some track record from January 2017, and that\'s it. Besides that, there seem to be none user reviews anywhere on the Internet.

    Details of their Auto Trading EA

    They just mentioned their EA and that\'s it. We have no idea how this signal generator works.

    Fake Results

    On top of everything, they provided fabricated results (simple HTML table) in order to show us the \"results\". Nothing about this fraud could trick us into falling for this trap. Trade safely!

    signal generator, Forex, suspicious offer, fraud, Peter Goldfarb, Real Forex Signals
    Scott Evans
    19.10. 2017 18:25  | 

    Forex industry has just got new trading system called QulPay. Just like other frauds, this one promises many unrealistic things along with the lack of proof. There\'s also a claim saying that their signals are 100% safe. We\'re wondering, how can anyone guarantee anything when it comes to an industry this volatile? Their website www.qulpay.me is full of unachievable promises, and because of that, we\'re going to investigate this bogus system and find out what\'s actually going on behind it.

    QulPay Review: Is this Another Scam in Disguise?

    Allegedly, QulPay features 5 different trade copiers. One of the trade copiers is a EURUSD Trade copier which helps you trade EURUSD currency pair only. Besides that one, there are All in one Trade Copier, Best Trade Copier, and Millionaire Trade Copier. The minimum initial investment is $99 per month for the EURUSD trade copier. Best Trade Copier costs $120 per month, and their best trade copiers are worth $149 and $999 per month. Besides these odd numbers, they promise that their system works with 100% accuracy.

    The Trading History Graph: Can it be Trusted?

    The results that they provided really do seem quite good and promising. However, they can\'t be trusted. First of all, how can past performance indicate that future performance will be as good? Secondly, they just posted results of demo trading, and we all know that demo trading has nothing in common with real trading.

    Free Forex signals: Is This True?

    We\'ve noticed a major contradiction which represents a huge turn-off for many traders and investors. On one page, they said that their Forex signals are free of charge, and on another page, they say that Forex signals cost $99 per month.

    Who is QulPay?

    Owners remain completely anonymous, and that\'s the last sign we needed to mark this offer as one of the frauds. They didn\'t provide any information about the company nor the owner of this offer, and they even make the \"About us\" page. We hope that you\'ll stay away from this one, in order to save your hard-earned money!

    trading system, Forex, bogus, frauds, anonymous, QulPay
    Scott Evans
    19.10. 2017 18:20  | 

    Profit Forex Signals is the name of another signal generator which operates with Forex, that we\'ve encountered, and its website is www.profit-forexsignals.com. The reason why we\'re investigating this shady offer is that they claimed many interesting things on their website and we therefore felt the need to check it out. Keep reading our honest review to find out what this signal generator is all about.

    Profit Forex Signals: Who Are They And How Do They Intend to Benefit You?

    Profit Forex Signals is a signal generator whose signals are supposed to be 90% accurate. They claim that their MYFXBook results are verified and reliable. One of the things that bother us is that the signals can be bought for a price ranging from $200 to $1,000 per month.

    The People Behind Profit Forex Signals

    Ninoslav Golubovic is a name of the alleged owner of Profit Forex Signals. However, on their website, they said that the signal generator is being run by many employees. Ninoslav\'s wife is also involved with this, but her expertise can\'t be verified.

    Profit Forex Signals Website: Initial Impression

    We are now aware of why so many people have fallen for this fraud. Their website is really good, meaning that both designers and marketers have done a great job. One of the claims says that they haven\'t lost a trade since 2010. They went as far as trying to convince us that they won some imaginary awards for being \"the best\" signal generator for 4 years.

    User Complaints

    There are many complaints but one of these kinda includes all of them. One of the users was amazed by the promotion (which we already said was good), and he decided to pay for the most expensive package that was supposed to bring him 5,000 pips per month. He even got an advice form Ninoslav. The problem is that the entire balance, worth $2,000, went down to $0 within 9 days. Based on everything that our thorough investigation brought to you, we hope that you\'re now aware that Profit Forex Signals is a fraud which you should stay away from.

    signal generator, Forex, shady offer, fraud, Ninoslav Golubovic, Profit Forex Signals
    Scott Evans
    19.10. 2017 18:15  | 

    Max Pip FX is a new signal generator operating with Forex, which we\'re going to investigate. This signal generator offers free signals for EURUSD currency pairs. Another claim is that the signals are getting better and better, reaching win rate of 99%. Don\'t fall for this bogus claim. None person nor software has ever achieved such high win rate. Due to these interesting claims, we decided to investigate this suspicious offer, so stay tuned to find out what\'s actually going on here.

    Max Pip FX Review: The Truth Which You\'re Not Supposed to Know

    There are many complaints saying that Max Pip FX doesn\'t support SL and TP levels for dispatched signals. There are more things that you have to worry about by yourself, meaning that this is nowhere near easy and beginner-friendly.

    Customer Service: Max Pip FX has a Very Very Poor Customer Service

    PayPal dispute was the only way we could get our money back. They didn\'t answer any of our emails, not even when we canceled the subscription. Terrible customer service is a major turn-off for investors and traders.

    What we hate about this company

    They keep claiming that they haven\'t lost a single trade, and yet, they can\'t provide any reliable results to prove that.

    How they are going round this idea to avoid being called a scam

    They dissociated from getting marked as a scam, by saying that even though they provide the signals, your job is to handle the signals and place the trade in a right way.


    There are many options for subscription - $99 per month, $89 per month for 3 months, or at last $79 per month if you subscribe for 6 months. However, nothing that we found out about Max Pip FX was able to trick us into believing that they are genuine. This scam should not be getting this much attention! Trade safely.

    signal generator, Forex, suspicious offer, scam, Max Pip FX
    Scott Evans
    19.10. 2017 18:10  | 

    Forex Equinox is another trading platform that operates with Forex, which was developed by Russ Horn. You\'re promised to receive 554.27% gains within 30 minutes! Forex Equinox already shows signs of being a scam, along with promises of earning more than $1,000. Ridiculous promises are what made us investigate this shady offer, and therefore we recommend you to keep reading our honest review to figure out what\'s actually going on here.

    The highly acclaimed Forex Equinox trading course is a deadly scam!

    Mr. Russ is just some good salesman who thinks he can trick everyone into thinking that he is some kind of Forex guru. Since he is such a good salesman, there\'s special page forexequinox.com/vipeq1.php that\'s supposed to show how good of a salesman he is. The problem is that there is no way for Russ to prove that his trading courses are genuine. This shady offer costs $900.

    Bogus results

    Allegedly, Forex Equinox operates with 80% accuracy. There\'s also a claim saying that you\'ll be able to earn up to $100,000 by the end of this year. Besides user reviews, results are what we\'re all looking for, right? However, Mr. Russ failed to amaze us. He provided us a screenshot of his results, and we will never trust a screenshot since we all know how easy it is to edit a photo. If he can\'t show his results via MyFXBook, we have no reason to expect that Mr. Russ will ever provide verified results.

    A scam that puts fear on you

    He talks about major accidents that happened to the US, and by putting fear on you, your reality gets rocky and you\'re no more able to think rationally. That\'s his tactic!

    Qualifications for becoming a member quite ridiculous

    Mr. Russ expects us to keep Forex Equinox a secret, even though he is marketing it all over the Internet? Contradiction noticed, and nobody likes contradictions.


    We believe that we\'ve provided enough evidence for you to realize that Forex Equinox is a scam which you should never invest into.

    trading platform, Forex, shady offer, scam, Russ Horn, Forex Equinox
    Scott Evans
    19.10. 2017 18:05  | 

    We are aware that there are many traders who have chores and things they\'d rather do and places they\'d rather be at, than to sit in front of an device, watching indicators, paying attention, etc. That\'s what Binary Options trading robot can help you with! However, there are many problems with Binary Option Robots. Automated robots are good because you don\'t have to do anything, but most traders don\'t realize that a cost for using automated robots is that you\'re losing the control over your balance. Besides that, it\'s hard finding a genuine automated robot that will provide accurate trading signals, teach you how to trade, or place trades based on proven trading strategies. All of these problems are present, and you need to know how to behave in order to not get ripped off.

    Still, Are Binary Options Trading Robots Worth the Money?

    If your goal is to find some trading tool to help you make better trading strategies and to just improve your success a bit, then yes, it could be worth the money. However, if you have no idea what you\'re dealing with and you\'re just looking for something that will do everything on your behalf, then it\'s not worth it. Even free robots will turn out not to be free, and they sure won\'t help you earn a fortune.

    The Best Binary Options Trading Robot for You

    Identifying reliable trading robot isn\'t easy, so we\'ve decided to help you a bit. Always pay attention to these things:

    • Terms and Conditions - make sure they have it and that it is loud and clear.
    • Good Reviews - definitely one of the most important things.
    • User-Friendly Approach - if you find it difficult to get around, it\'s bad.
    • User Control - if they have the control over your balance, forget about it. You should be in charge of everything.
    binary options, trading robot, automated, Binary Option Robots
    Scott Evans
    19.10. 2017 18:00  | 

    Another trading robot that got our attention is the Binary Breakouts launched at binarybreakouts.com. Since it\'s quite new, there aren\'t any reviews yet so we won\'t have easy time investigating this shady offer. Allegedly, this automated robot generates signals for you, for free. The biggest problem regarding this robot is that it\'s brand new - meaning that they\'ll have tough time proving their claims. Keep reading our honest review in order to realize what\'s actually going on behind this offer.

    Binary Breakouts: Scam or not? Here\'s what we found

    They offered demo account and, no matter what you\'re thinking, you shouldn\'t try it out! It\'s fabricated, meaning that it\'s developed in a way that it will always grant you wins. They just wanted to trick you into thinking that their robot is genuine, hoping that you\'ll invest into them. Demo trading has nothing in common with real trading!

    Details of the person behind Binary Breakouts robot

    Unfortunately, the person standing behind this offer remains anonymous. They didn\'t give us any information nor contact info. This is a huge sign of a possible scam. They did leave their physical address, located in Texas, but that\'s it.

    Let\'s see how this robot is supposed to make you money

    Checking out their \"About us\" page helped us realize that this is just a relaunch, a CopyCat. They forgot to change the text, leaving a name \"AutoTradingRobot\" instead of the Binary Breakouts. This one is horrible enough for us to find out the truth behind all of this, but we\'re not stopping here.

    False testimonials

    This is the same software that was used for Fintechbot, which was a scam as well! Besides that, their testimonials consist of made up names with stock photos. Based on all of this, we\'re sure that now you\'re already aware that Binary Breakouts is a scam which you should never mess with.

    trading robot, shady offer, anonymous, scam, Binary Breakouts
    Scott Evans
    12.10. 2017 20:11  | 

    Latest signal generator that operates with Forex is The Best Forex Signal. The reason we\'re investigating this one is because of the many negative reviews that this signal generator kept getting. Allegedly, they didn\'t keep updating their draw down VIP signals properly. Successful VIP signals are updated - the rest aren\'t.

    The Best Forex Signal Review: We Don\'t Like Them for These Valid Reasons!

    There\'s a claim saying that the win rate ranges between 95% and 97%. We wanted to see any evidence to prove this, and that\'s why we wanted to contact anyone. However, we didn\'t feel the need to do so - many negative user reviews helped us realize that this statement isn\'t true. Another problem is that The Best Forex Signal used members\' money to gamble - they are offering both Sell and Buy signals at the same time. What\'s the point of this \"signal generator\"? They are using the trick of not showing the losses - which are present half of the time. They are publishing positive results as past performance.

    The Best Forex Signal doesn\'t Keep Promises

    They are offering you free benefits which operate quite differently. VIP signal product targets 45 pips, with SL (stop loss) of -20 pips. This is unrealistic and will almost always end as a loss. Scalping signals may seem alright, but tight SL is still a problem. Another thing is that few users reported that they got charged for receiving the signals. So much for the \"free\" service.

    Terrible Customer Service: You Won\'t Like It

    They don\'t answer on time, they lie you to and they try to manipulate you.

    No Refund

    They don\'t have a refund policy and that\'s why you should forget about getting a refund.

    Customer Reviews

    One of the customers said that they lost $10,000 in couple of days. This is terrible. Another customer said that he lost all of the initial investment, worth $2,000. There\'s not a single reason for you to trust this fraud. Stay away from The Best Forex Signal!

    signal generator, Forex, fraud, The Best Forex Signal
    Scott Evans
    12.10. 2017 20:10  | 

    Strategy Lab is a trading platform that offers trading manuals for $497 while taking about price action trading strategies. The trading manuals that they are selling are supposed to teach you about a successful volatility method. The problem is that it represents the market and the trading in a way that M.A Perry sees it - meaning that you\'re leaning on someone\'s point of view. The problem is that they are using many alias names and marketing themselves on Stock Twits and Twitter. Besides trading manuals, they are featuring a free chat room service as well, which turned out to be completely useless. It\'s just a place where random people meet and chat - no trading is mentioned and there\'s no professional to talk smart. Without live charts and live trading activities in general, we don\'t see point of this website.

    Scrutinizing the track record for M.A Perry

    Allegedly, Mr. Perry has earned $3,520,342 within a month and never lost anything. They are also mentioning trading record dating from a couple of years ago. Supposedly, Mr. Perry loses money once in a month. If we put numbers aside and just take a look at losing ONCE per every month? What makes you think that any alive person would ever be able to achieve such success of earning millions without any effort, and within the short amount of time. Too unrealistic to be talked about any further. Also, he promises that everyone will be earning couple of hundreds of dollars per month for nothing.

    Dr. Dean Handley, Mr. Perry and the Strategy Lab

    We decided to reach out to Dr. Dean Handley, as he was claiming that he was following Mr. Perry\'s activities and supporting his amazing trading. We were just curious if we could get any verification to prove Mr. Parry\'s earnings, but we didn\'t manage getting any. Based on unrealistic claims and the fact that they didn\'t give us any proof, we\'re marking Strategy Lab as a fraud and we hope that no more people will be falling for this fraud.

    trading platform, trading manuals, unrealistic claims, Strategy Lab
    Scott Evans
    12.10. 2017 20:09  | 

    Another binary options trading system just got our attention, and it\'s Monaco Secret Wealth. Allegedly, you can earn $7451 per day by using this trading system. This fraud has tricked many innocent traders and investors and therefore we hope that our honest review will help you stay away from this offer, in order to save your hard-earned cash.

    Monaco Secret Wealth Review

    Earning $7451 is quite unachievable. None person nor software has ever managed doing something like that and that\'s why you shouldn\'t fall for this bogus lie. Oliver Anniston is mentioned on Monaco Secret Wealth\'s website but they failed at proving that Oliver actually is the owner of Monaco Secret Wealth - it\'s just some made up character with stock photo. In order to start using this trading system, you have to get associated with one of their brokers and to invest at least $250. Don\'t forget that this system is automated - this means that, once you deposit any amount of money, the system is getting in charge of your balance. If you fall for this fraud, you\'ll see how your invested money easily fades away as the system is doing with it whatever it wants. If you were determined, they would offer you a demo account which is fabricated and is supposed to trick you into thinking that their system is lucrative. Don\'t even bother trying that out.

    Trading results: Yes, they are fake results

    What makes anyone think that a promise like \"Earning $7k per day\" can be blindly trusted, without taking a look at some evidence? On top of everything, it\'s free to use. They did show us some results on their website but these are fake and without any evidence to back it up. The worst thing is that this is a copied system, developed and launched by the same person that launched Monaco Treasure, which is a fraud as well. Dubai lifestyle app used the same fabricated trading results. They made a mistake and left words \"Equinox system\" on their FAQ page. This fraud is terribly made and we hope that you won\'t get tricked by it! Trade safely.

    trading system, binary options, fraud, Oliver Anniston, Monaco Secret Wealth
    Scott Evans
    12.10. 2017 20:08  | 

    We\'re all aware that most of the EAs (Expert Advisors) aren\'t trustworthy - they are terrible, to be precise. People often try to trick others into making them think that they are successful, based on the time they\'ve spent in the market. Time is supposed to teach you many things, but it doesn\'t necessarily make you better - you can\'t claim that you\'re an expert just because you\'ve been in the market for a long time. FX Stabilizer is active since 2013 and still didn\'t stop operating. There are two versions of this expert advisor, one that trades EURUSD pair and the other one that trades AUDUSD pair only. It\'s quite suspicious that this EA trades those 2 pairs only - if they are successful at trading these two, they should be trading other currency pairs as well. We are wondering why they didn\'t sell licenses for 10 pairs that Forex market features, for $265 each - it would be \"easy\" money, right? Anyways, we\'ll have to stick with the two currency pairs that they are trading with.

    FX Stabilizer: What\'s wrong about it?

    FX Stabilizer relies on the Martingale/Grid trading system, which means that it isn\'t stable at all - you could be winning greats earnings today, but losing everything the exact day after. FX Stabilizer features two modes - turbo and durable mode. Turbo mode is quite aggressive and we\'re not sure how can this mode be profitable. The durable mode is safer with smaller risks, but it comes with smaller profits. The point of Martingale/Grid trading system is that you can easily lose everything just by placing one bad trade.

    User Reviews

    There was 1 user who claimed that made profits by trading with the AUDUSD currency pair. That user encountered a huge problem one day he checked out his balance - the FX Stabilizer blew up his account, by taking the entire profit. There are users who claimed that this software got detected as malicious on their OS. Based on everything that we mentioned above, we hope that you\'re now aware that FX Stabilizer is a scam which should never be trusted.

    expert advisor, Forex, suspicious, scam, FX Stabilizer
    Scott Evans
    12.10. 2017 20:07  | 

    This manual trading system called FX Secure Income is supposed to generate more than $10,000 per day for you. This system allegedly copies trades from some of the Wall Street traders - in real time. This is, let\'s say typical, story, and therefore we\'re not going to blindly trust it without investigating it first.

    FX Secure Income Review

    David Gofrey is the alleged owner of this trading system. Even though David claims that he\'s been trading successfully for a long time, there\'s no evidence to prove that. If Forex industry knew about him, we\'d easily find that out. David says that this system is 100% mechanical meaning that everyone can use it, you don\'t need to have any previous experience to succeed at it. Unfortunately, there is no trading analysis mentioned, nor any trading strategy. Allegedly, win rate goes from 87% to 93%.

    Breaking down the features of this product

    This manual system operating with Forex pairs costs $39 only. Question why the price is so low could have many answers and you probably wouldn\'t like any of them. Whether this system is a scam and David doesn\'t want to go that far, or if there are not enough clients and that\'s why David set the price so low, none of these answers are satisfying. However, trading results should be the most important thing, as well as their verification.

    Trading results for FX Secure Income

    David thought that it would be a good idea to provide few myfxbook screenshots as well as couple of MT4 trade setups. We\'d like to know, since where are screenshots valuable proof of anything? David also didn\'t want to give us access to those accounts so that we can verify those results.

    Summary of points discussed above

    Earning $10,000 per day by using trading system that costs $39 that was developed by a guy who can\'t verify FX Secure Income\'s results? Nothing about this offer is trustworthy and that\'s why we recommend everyone to stay away from this scam.

    trading system, manual, Forex, scam, David, FX Secure Income
    Scott Evans
    12.10. 2017 20:05  | 

    If you\'re thinking that this expert advisor can help you generate profit, you\'re wrong. This shady offer that operates with Forex has too many negative reviews behind itself. Our goal is to make an honest review that should help you realize what this offer is actually about. They said that their draw down is less than 20%, but it\'s actually way higher than that. So, let\'s see what this offer is actually about.

    Forex Fury: Scam or not?

    Not only that there are fake(fabricated) positive reviews about this EA (expert advisor), but there are also many real negative reviews. This tells a lot about an offer. We\'re sure that, if you want to see this for yourself, you can easily find plenty of negative reviews - even this post will attract those who suffered from this EA!

    Forex Fury from our perspective

    At the beginning, Forex Fury seemed okay. As we tested it for one month, we decided to give it a try and take the second license, worth $439.99. This package came with plenty of features. We soon realized that the account didn\'t record losses - just winning trades. Once we asked questions regarding this misbehavior, we just got ignored. This tells a lot about them! There were some more misbehaviors regarding the process this EA is supposed to operate, but we didn\'t get any answers. One of the reviews got answered but it was a kind of a manipulation - they said that there are different version of Forex Fury and that the user just didn\'t update it. Basically, they said that the actual live version is supposed to work perfectly.

    Other things which you ought to know before we summarize this review

    Besides the fact that there is no trial for this product, this EA is a scalper (trading 5-10 times per day), even though Forex Fury says that trades are randomly opened by the hour. Having many positions running at the same time is dangerous. The worst thing is that they don\'t have a refund policy - meaning that you can\'t ask for a refund. Nobody can say for sure that this offer is a scam - it\'s just nowhere near genuine, and we recommend you not to waste your money on this EA.

    expert advisor, Forex, shady offer, Forex Fury
    Scott Evans
    12.10. 2017 20:04  | 

    Dux Forex Signals is a signal generator that operates with Forex. The most interesting thing about this shady offer is that it costs $4.99 per month. We can\'t help it but mark this one as shady because, really? Less than $5 for genuine money maker? However, let\'s not conclude things too early. Keep reading our review in order to find out what has our thorough investigation helped us realize.

    Duka Forex Trading Signals: An Overview of this Signal Provider

    Their website looks quite good - it looks like their web designers did a good job. The problem is that they are expecting us to believe that we\'ll be receiving genuine signals all day, every day, for $5 per month. Their website was launched in 2014 and updated in 2016. Their system works in a way that, even after generating signals, they are being analyzed by experienced traders and analysts, and after that, they are being sent to users via email. However, we have no idea how their system generates these signals, nor who are the experts that analyze these signals. Without hard evidence, we have no reason to trust these claims.

    The product description

    Besides TP1, TP2 and SL, signals are delivered with information that consists of TP3 as well - this is the first time we see Forex signal generator offering up to TP3 levels per trade.

    Performance and what users are saying

    One of the bad sides of this signal generator is that there aren\'t any myfxbook results. They just showed a table consisting of two columns, which is supposed to make us believe their performance. Simple HTML tables do not represent any kind of evidence because they are being manually created, meaning that anyone can fabricate it. So, at the end, we have no evidence to prove their results. There are many various user reviews, but it seems that the ones being negative, are quite trustworthy because they described problems quite thoroughly.

    Other critical complaints about the signal provider

    There were more negative reviews saying that they hated that they have to be online in order not to miss opportunities, complaints about trades taking too long to happen and signals taking too long to be received, etc. At the end, Dux Forex Signals is not only unreliable but it\'s a scam as well. Stay away from it!

    signal generator, Forex, shady offer, scam, Dux Forex Signals
    Scott Evans
    12.10. 2017 20:02  | 

    Latest trading system we\'ve encountered is the Blue Point Trading. This European company seems to be promoting some appealing offers and we want to make sure that everything is alright, in order for you to trade safely. That\'s why we\'re investigating this suspicious offer.

    Blue Point Trading: Don\'t get scammed!

    Starting trading isn\'t easy - you have to own certain amount of money which you then need to invest, and you need to know many things. We\'re aware of all of this. We\'re also aware that you might find genuine anyone who is willing to help you with all of this, but you should know that not everyone is capable of explaining the core of everything, and not everyone is willing to help you earn the money - most people just want to take advantage of innocent newbie traders. That\'s why you always need to be careful in this industry.

    Here\'s an overview of Blue Point Trading

    The company is promising great earnings to anyone who joins them. It\'s almost as if you were going to earn money just by joining them - no losses are mentioned. Allegedly, this system features everything that a person would want from a system, in order to make money. Risk management, promised profit, position management, etc. However, we can\'t ignore the fact that they are not using all of that for themselves - why would they offer us all of this, if they could just go ahead and use all of those features in order to make profit? There could be plenty of answers, but they are all heading the same way.

    How it works

    Even though they didn\'t mention this at first, there are fees to be paid and some rules and requirements. The problem is that, during the trading, you\'ll get charged whether you lose or not - like it\'s not enough that you\'ve lost money in that trade. No refunds, remember that!

    And please take note of the following:

    There are not many reasons to call this offer a fraud - they are just teaching you how to trade, and if you lose, they can\'t take the responsibility for that. However, the fact that they are not mentioning any fees and yet they require them, and the fact that you get charged for wins as well as trades, could be discussed of being reasons to mark Blue Point Trading as a fraud. At the end, we have no other choice but to warn you that Blue Point Trading doesn\'t guarantee any profit - meaning that it\'s just as risky as doing everything on your own. Good luck!

    trading system, suspicious offer, fraud, Blue Point Trading
    Scott Evans
    12.10. 2017 20:01  | 

    BitCoin Trader is a new trading system that promises to generate at least $13,000 per day for you. This huge amount is achievable by trading with bitcoins! You can earn up to a million in two months. This story seems to be suspicious due to too high rewards for too little of investment, so we\'ll check it out to see what\'s really going on.

    Who stays behind BitCoin Trader?

    Unfortunately, we didn\'t manage finding out who stays behind BitCoin Trader. We thought that their website thebitcointrader.co will give us this information, but we were wrong. Their website didn\'t actually give us any valuable information - they just put some \"promo video\" talking about people earning via bitcoins and stuff like that, but they didn\'t mention the BitCoin Trader at all. Anonymity is a huge turn-off for most of the investors!

    How BitCoin Trader Works?

    They just said that they are using \"the most advanced programming the trading world has ever seen\" and that it\'s ahead of the Markets by 0.01 seconds. That\'s it. This is just a promotional sentence without the descriptive note.

    Disturbing things found!

    BitCoin Trader is just a relaunch of The Bitcoin Club, for which we already proved that it\'s a scam. They even used the exact same promo video.

    It didn\'t take us too long to find out that their testimonials are fake. A quick research on the \"loyal members\" helped us realize that they were just made up names associated with some stock photos.

    More alarming things!

    \"Accuracy 99.4%\" is just a ridiculous statement that made us laugh. None person nor software will ever be able to achieve such high accuracy. Don\'t fall for this!

    They didn\'t mention anything about brokers, even though you know that you can\'t trade without a broker. They were probably going to associate you with some of their unregulated brokers, which would take your money away as soon as you\'d invest.

    BitCoin Trader Scam Review - Conclusion!

    Besides all the evidence that we stated, we even found out that this is just a relaunch of another scam - that\'s why we don\'t feel the need to talk any further about this one. BitCoin Trader is a scam and you need to make sure to stay away from it!

    trading system, bitcoins, suspicious, anonymity, scam, BitCoin Trader
    Scott Evans
    12.10. 2017 20:00  | 

    Another expert advisor that operates with Forex is the AirHopper Forex EA. This trading robot is supposed to help you generate great earnings within no time by limiting risk and guaranteeing financial freedom. There\'s also 24/7 support and a 30-day refund in case you\'re not satisfied with the robot. There are also many different products that cost differently - in order to provide something for everyone. However, all of these claims are yet to be investigated, so keep reading our honest review.

    AirHopper Forex EA Overview

    Their website is quite good - makes you think that their trading robot is actually genuine. This means that they did their promotion well. However, that doesn\'t mean that their statements are real.

    First impression of the website

    Their website airhopperforexea.com does provide lots of content but most of it is useless - just promotional stuff. There\'s very little of the useful information that would help us realize what AirHopper Forex EA actually is and how it works. They didn\'t even specify which trading strategy their trading robot uses. Some users, though, said that this trading robot uses Martingale/Grid trading strategy. This means that you need to be associated to a broker in order to place trades - and the problem is that they didn\'t mention anything about brokers. The only thing that we managed finding out for sure is that this system is a scalper, due to it\'s time frame of 30 minutes.

    Alleged results

    MYFXBook is way more trustful compared to FXBlue, since FXBlue used to show results that were fake. This is the reason why we don\'t support AirHopper Forex EA \"proving\" their results by hosting their past performance results via FXBlue. Even if we were to trust these results, they do seem stable but nobody can guarantee you that they can maintain these results for a long time. At the end, without hard evidence, we shouldn\'t just blindly trust any statements.

    What users say

    There were complaints about EA crashing in the middle of work, providing high risk to reward ratio, messing with the numbers without any explanation, and on top of everything, it requires you to invest $3,000. This scam shouldn\'t be drawing any more of your attention as you are now aware of what it actually is. Trade safely!

    expert advisor, trading robot, Forex, scam, AirHopper Forex EA
    Scott Evans
    10.10. 2017 09:38  | 

    Trading system called Robot Cash Online is the latest scam that reached binary options industry and we decided to review it as soon as possible. It\'s automated, free of charge and web-based, meaning that you don\'t have to download anything. It generates signals and places trades on its own.

    Who stays behind Robot Cash Online?

    Unfortunately, this anonymous service remains anonymous. They didn\'t give us any information about the owner nor the company that stands behind this system. Their website robot-cash.online is full of all kinds of statements but nothing useful.

    How Robot Cash Online Works?

    You\'re allowed to choose for one of the following trading systems - Classic, Martingale or Fibonacci.

    Keep in mind that this software will be placing trades on its own - this means that you have no control over your money and you can\'t affect trades in any way.

    Disturbing things found!

    Placing trades on their own is considered giving financial advice. This represents a financial activity that requires a license to be owned in order for everything to be legitimate. How can you know whether they own a license or not if they didn\'t give you any name nor contact info?

    As soon as you sign up for an account, you\'re asked to try out their demo account. Don\'t do this! Demo accounts are fabricated in way to make all of your trades winnable. This way, they want to make you think that their system is lucrative and genuine, hoping that you\'ll invest real money into it. Rest assured that demo trading has nothing in common with real trading.

    Robot Cash Online Scam Review - Conclusion!

    Our detailed investigation was supposed to help you realize what kind of a scam we\'re dealing here. Robot Cash Online is a pathetic scam that doesn\'t deserve any more of our precious time.

    trading system, binary options industry, anonymous service, scam, Robot Cash Online
    Scott Evans
    10.10. 2017 09:38  | 

    Stock Twits is actually name of a social media platform. Thanks to Stock Twits, investors can access plenty of trading services and products. The problem is that there are way too many negative reviews about Stock Twits. The story is always the same - people get associated with a certain hedge fund manager and, as soon as they make an investment, the hedge fund manager disappears and the money is gone. This is why we\'re making this review - to reveal the story behind this and to prevent people from losing their hard-earned money.

    Stock Twits in a nutshell

    This suspicious offer is promoting many services and products within the Forex industry. From what we could see, this is all just a big setup. First, the marketing team tries to lure you with \"professionally\" made texts (unrealistic promises usually). After that, you get associated with certain hedge fund manager and you invest in it, hoping that you\'ll soon start earning money. Soon after that, hedge fund manager is gone and so is your money.

    History of Stock Twits

    The initial idea was to make a social media platform that would be some kind of a mix between Facebook and Twitter, with goal to be oriented towards Forex. In 2008, Howard Lindzon and Soren Macbeth launched this platform and they are still in the business, but separately. Year 2014 is the most important year for Stock Twits because that\'s when it became so popular.

    How they advertise and make money

    Lots of ads - that\'s it. They advertised their platform everywhere and they also allowed others to advertise their products on Stock Twits.

    People that have gone to prison as a result of robbing investors on Stock Twits

    Mohamud Abdi Ahmed was arrested for pretending to be a hedge fund manager and it didn\'t take too long for the government to realize that Mohamud got his clients from Stock Twits. Do you see how many negative stories are related to this scam? Just stay as away from it as you can and you\'ll be safe, just like your money.

    social media platform, Forex, hedge fund manager, suspicious offer, scam, Stock Twits
    Scott Evans
    10.10. 2017 09:36  | 

    Recently we\'ve encountered this Forex Expert Advisor called Rocket EA. TulipFX owns the property of Rocket EA. Rocket EA, allegedly, represents the supreme money-making algorithm. Based on this story, we decided that this, soon turning out to be shady, offer is worth investigating and that\'s what we did. If you want to find out what\'s going on with Rocket EA and what\'s the final outcome, keep reading our honest review.

    Rocket EA: Here\'s why this robot is not reliable

    Whoever promises you great chances of earning profit, rest assured that great chance of losing everything is present as well. Rocket EA trades GBPUSD pair only and it can trade either once a day or several times per day. The point is, if a system can trade one pair only, why would you pay $700 for it? The software basically opens many high-risk positions in order to net a huge profit, at once. Any experienced trader will tell you NOT to do this. So far, nothing that Rocket EA offered turned out to be good nor promising - they are just helping us realize how useless they are.

    A 40-50% profit each month!

    They are literally forcing you to trade with huge risk involved - it\'s not worth it. High risk - high payout is type of trading that not so many people follow and it more of a game for the big league. Forget about it, with high risk being present, you should not trade like that.

    Recommended minimum capital for trading with Rocket EA

    It\'s $3,000! The more you invest, the more you can lose - and this is something that the owner of this offer is quite aware of. That\'s his point - luring people who have plenty of money to spend(waste) on his system.

    What users are saying out there

    There were many complaints towards Rocket EA and one of them said that Rocket EA took his account down to 10% within couple of weeks of using it. This is just one out of many negative user reviews. Stay away from this scam and always trade carefully!

    expert advisor, Forex, shady, scam, Rocket EA
    Scott Evans
    10.10. 2017 09:34  | 

    Retailed Profits is the name of newest trading platform developed by someone anonymous. Using Retailed Profits, you\'re \"guaranteed\" to earn $5,000 per week. They are promising to turn you into a millionaire within short amount of time! There are many more statements yet to be read and all of those promises are based on this \"amazing\" software that operates with binary options! We couldn\'t let an opportunity like this one slip out of our hands without us investigating it first. Therefore, keep reading our honest review in order to find out what\'s actually going on here.

    The Ultimate Retailed Profits Review: Why we don\'t like this system

    They are using every well-known aggressive trick to make you sign up. These marketing tricks are pathetic and they usually mean that the owner just wants you to quickly sign up for anything you\'re being offered, without taking a look at everything you\'re about to deal with. Next, we come to promises. 92% win rate that\'s supposed to bring you more than $5,000 per week is a pure lie. You will never be able to sit back and watch how your balance increases. Such high win rate can\'t be achieved nor maintained so don\'t sweat it, just ignore that statement.

    Who\'s behind Retailed Profits software?

    As we\'ve already said it, this system is ran by an anonymous. We have no idea what man or company stands behind this. There\'s some silly promotional video on their website which actually represented a cartoon. Imagine some mature experienced investor watching a cartoon that\'s supposed to make him invest tons of money and to trust some system ran by someone anonymous. Not going to happen.

    Reviews are fake as well

    Besides fake promises that we\'ve encountered so far, they\'ve also tried to sell us fake reviews. They used paid actors in order to promote their system and that\'s something we all hate. Retailed Profits is a scam which you should stay away from no matter what lie they try to sell you.

    trading platform, binary options, scam, anonymous, Retailed Profits
    Scott Evans
    10.10. 2017 09:32  | 

    Latest Forex school is Profits Run Inc. Search it up on Google and you\'ll easily find plenty of information about it. However, allowing people to access your information doesn\'t mean that you\'re trustworthy. Profits Run don\'t seem like a promising offer - more like a shady offer and that\'s why we\'ve investigated them.

    Profits Run Inc: The truth about this Forex school

    Bill Poulos is the man standing behind this fraud. Their website profitsrun.com seems quite appealing to everyone - this means that the writers have done a good job. Besides learning many things about Forex, you can also learn how to trade stock options. Their extremely accurate trade indicator is what can make you into a millionaire almost overnight. The reason Profits Run is popular and often mentioned around the Internet is because Bill hired great marketing team which did what they do best. The biggest problem of all (keep in mind all of the claims that Bill said) is that there is no track record of any trading performed by Bill or anyone else. What are we supposed to trust here?

    What is Profits Run

    Long story short, it\'s a trading school that\'s supposed to teach you how to successfully trade Forex. There are many products and services offered by Profits Run but it\'s all bunch of nothing. You\'ll just end up paying tons of money for nothing - soon you\'d realize that you got ripped off.

    How are they marketing Profits Run

    All of their resources are focused on promoting Profits Run. That\'s their key to success. Make few unrealistic claims and promote it to everyone - you\'ll find enough innocent, naive people that will fall for it and you\'ll get tons of money.

    We don\'t have proof of verified performance yet

    Bunch of claims on their website, but no evidence. We need hard evidence in order to believe their statements. Unfortunately, but as we expected, there is no trustworthy evidence that would prove us that Profits Run has any successful performance. A fraud like this one should not be getting this much attention nor this much innocent investors. Keep your eyes open!

    Forex school, shady offer, fraud, Bill Poulos, Profits Run
    Scott Evans
    10.10. 2017 09:30  | 

    Latest auto-trading system that operates with binary options is Moscow Millionaire. Dimitry Artemovich developed this automated system and he said that you can earn thousands of dollars within a day with no effort and no previous experience. We decided to check this one out.

    Who is Dimitry Artemovich?

    Alleged CEO of Moscow Millionaire is Mr. Dimitry Artemovich. One of the first problems we encountered during our investigation is that we can\'t verify Dimitry\'s identity. Soon, we found out that he is just a paid actor with a made up name.

    How Moscow Millionaire Works?

    They talked a lot about their software but we find that hard to believe or even listen to - why should we trust them if they used paid actors in order to promote their software?

    Disturbing things found!

    We realized that there are too many similarities between Ethereum Code, which turned out to be a fraud, and Moscow Millionaire.

    They used paid actors for testimonials as well! It\'s easy fabricating testimonials with paid actors and made up names, and that\'s exactly what fraudsters behind Moscow Millionaire did.

    They said that this system is automated - if that\'s the case, that means that placing trades is considered giving financial advice, and you have to own a license for that in order for everything to be legal. How can we know that they own a license if we have no idea who they are?

    Another thing worth mentioning is that, when dealing with automated system, you have no control over your balance - you\'re letting them control all of your invested money.

    Moscow Millionaire Scam Review - Conclusion!

    We believe that our thorough investigation helped you realize what kind of a fraud this Moscow Millionaire is. Trade carefully!

    auto-trading system, binary options, fraud, Dimitry Artemovich, Moscow Millionaire
    Scott Evans
    10.10. 2017 09:28  | 

    Trading platform called Global FX Club has quite a bad reputation and that\'s why we decided to investigate it and prevent people from having possible losses. This suspicious offer has been mentioned a lot on the Internet and that\'s why nobody trusts it anymore. Now, it\'s up to us to investigate it and let people know what\'s actually going on here.

    Global FX Club: This Site is Akin to a Wolf on Sheep Skin

    They made good website, we\'ll give them that. However, that\'s not enough. Professional design is appealing but it can\'t replace promising, verified statements and good reviews. Allegedly, this website offers teachers who educate and train traders in order to learn how to trade Forex. Besides that, they offer trade copier service as well as signal generating service. Based on plenty of bad user reviews and the Internet as well, we realized that their performance results are actually manipulated - that\'s the only logical explanation. Now, here\'s a little something about users who complained about this system.

    One user said that their website doesn\'t update performance log properly. Anyone who\'s dealing with this industry knows how important logs are. Another user said that he has stood around for 3 months and never received a single signal. We also found out that they ripped off many people for more than $400,000.

    False account statements

    There are stories about people reaching to FBI but at the end, nobody knows where is the owner of Global FX Club. We just know that the website is still active and that you should be careful.

    How the money was spent

    As we could expect, this owner used all of the stolen money to change his lifestyle into something luxurious. When will this fraud end, we have no idea. We just know that you shouldn\'t invest a single penny into this system!

    trading platform, Forex, suspicious offer, fraud, Global FX Club
    Scott Evans
    10.10. 2017 09:26  | 

    Trading platform called Ethereum Code allows you to trade with cryptocurrencies - ethereum, to be precise. They claim that you\'ll be able to earn up to $3,000 per day using this automated system.

    Who is Mark Weston?

    Their website ethereumcode.co claims that Mark Weston is the CEO and founder of this bogus system called Ethereum Code. The problem is that they didn\'t verify his identity and they didn\'t leave us any information that would make us believe them. Nobody knows this guy and there seems to be no connection between Ethereum Code and this alleged dude.

    How Ethereum Code Works?

    They just said that their system analyzes current trading trends and uses certain algorithm that automatically identifies best trades and places trades on its own.

    Disturbing things found!

    Even though there are many users who said that their system made them rich, we can\'t verify their identities. Besides their suspicious identities, their claims are ridiculous - earning almost $10,000 within a day is way too much. They also said that the system operates with 90% win rate. Don\'t fall for these unrealistic claims!

    None software and especially none person will ever be able to maintain (or even achieve) such high win rate.

    Remember how they said that Ethereum Code places trades on its own? Activity like this one is considered as giving financial advice. The problem is that, in order for that activity to be legal, you have to own a license - and since we have no idea who actually stands behind this entire system, how can we know if they own a license or not.

    More alarming things!

    In order to trade with cryptocurrencies, you have to have a broker. However, they didn\'t mention any brokers! How can you know if you\'re dealing with a legitimate broker?

    Ethereum Code Scam Review - Conclusion!

    We believe that we\'ve found out enough about this scam called Ethereum Code for you to realize that you shouldn\'t invest into it.

    trading platform, cryptocurrencies, bogus system, scam, Mark Weston, Ethereum Code
    Scott Evans
    10.10. 2017 09:24  | 

    Latest trading software that we\'ve encountered is Bitcoin Loophole. This suspicious offer has been developed by Steve Mckay, whose identity is yet to be revealed. Fraudsters behind Bitcoin Loophole have no reputation meaning that we don\'t have many reasons to believe their greatness. Steve turned out to be paid actor so we\'re stuck thinking why wouldn\'t they want us to know the name of Bitcoin Loophole\'s creator

    Bitcoin Loophole review

    The only thing you could find online about Bitcoin Loophole is bad reputation. Maybe you wouldn\'t be able to quickly find them since they are new and not so many blogs are writing about them, but the point is, you won\'t be able to find any positive reviews. This tells us that, not only that people haven\'t talked good about them, but people also complained about their system a lot.

    Let\'s see what the dream software is supposed to offer us below

    So, they are promising to turn you into a millionaire almost overnight. They had some claims all over their website but none of those made any sense.

    Reaching out to the owners of Bitcoin Loophole system

    When someone promises you earnings of $14,000 per day, you have to check out and see what\'s actually going on behind that. We decided to reach them and it wasn\'t too hard - we started signing up and we stopped. Therefore, they noticed us and they sent us email offering us to subscribe to their system. Thanks to the email they sent us, we asked them couple of questions but, as we expected, they didn\'t want to tell us anything that would prove any of their claims. This actually helped us a lot!

    Fake testimonials

    They fabricated testimonials and there are plenty of ways to notice that - one, for example, is realizing that they blurred someone\'s name on a facebook post. Why would they do that, if they want to show us that their users have actually earned something.

    Number of spots left: 2 they are

    No matter when you check out their website, at the end, it will always say \"2 spots left\". This is another huge sign of a fraud and we hope that you won\'t fall for it. Trade safely!

    trading software, suspicious offer, fraud, Steve Mckay, Bitcoin Loophole
    Scott Evans
    10.10. 2017 09:22  | 

    Forex industry is getting real popular for quite a time already and because of that we\'re experiencing unusually large number of \"companies\" offering their services. However, the problem is that many companies are actually fraudulent meaning that it\'s very hard finding the genuine company/service. Newest trading platform, and the one we\'re about to investigate, is \"Become a better trader\". This trading platform was launched by Rob Hoffman and we found out that Rob is promising that you\'ll become a successful trader if you invest $10,000 into his system. There are bunch of lies on his website and therefore we recommend you to check out our review first, before even thinking about this system.

    Become a Better Trader: The product details

    Daily signals can be received via email for $197. Live day trading room can be accessed for $397, as well as signals alert and video tutorials. One-on-one coaching is what you get if you pay $997. $10,000 of course means that Rob will fully dedicate himself to you.

    What Rob Hoffman has been doing all this while

    Rob has developed and promoted many other trading platforms such as Champion Setups for example. Basically - he wasn\'t jobless. He was quite active at ripping people off. Common thing for all of his trading platforms - bunch of angry customers with awful user reviews.

    Rob Hoffman: The self-proclaimed champion trader who never made a penny

    He literally gave himself 25 rewards for being the world champion trader. No evidence of victory, no evidence of participating in that championship and also no evidence of EXISTANCE of that championship.

    One on one email conversation with Rob Hoffman

    Once we tried to reach out to Rob Hoffman, we got rejected in plenty ways, except for the email. He answered us via email, telling us that he just won some competition and that he\'s very busy at the moment. That\'s all - he didn\'t tell us anything else. \"Become a better trader\" is a scam which you should NEVER fall for. Be careful!

    trading platform, Forex, fraudulent, scam, Rob Hoffman, Become a better trader
    Scott Evans
    10.10. 2017 09:20  | 

    Another trading software that we\'ve encountered recently is The Profits Algorithm. As soon as you invest at least $250 into this software, you\'re good to go - just sit back and enjoy the \"income\".

    The Profits Algorithm Review

    One of the first things we\'d like to mention is that nothing good and lucrative will ever be free. No matter what, you won\'t encounter such generous people. Uniqueness, along with trustworthiness of course, is what a trading software needs. This one, however, doesn\'t have any of mentioned. We found out that this is actually a relaunch of 5 Binary trading system which turned out to be a scam as well. Just taking a look at these 2 softwares will help you realize the obvious.

    Overview of the website

    Their website doesn\'t offer us any promo videos, no information saying how their software works, nothing. They just want to take your info and to promise you unrealistic things which should trick you into investing into their software.

    The Profits Algorithm system has a demo mode

    Demo mode is another trick that\'s supposed to make you invest into them. They will provide fake money and they\'ll fabricate the results so that you think their software works like a charm. Don\'t fall for this! Demo trading has nothing in common with real trading so don\'t waste time on that.

    The truth that needs to be taken seriously

    Usually upon encountering a fraud, we don\'t see any broker names. However, The Profits Algorithm revealed that their broker is Stern Option. The problem is that this guy doesn\'t have any good reputation. Dealing with unregulated brokers is risky and considered as a bad financial move.

    Do you still believe you can make money with this robot?

    After everything we provided to you, we hope that you\'re aware that The Profits Algorithm is just a fraud not worth any of your time nor money.

    trading software, relaunch, fraud, The Profits Algorithm
    Scott Evans
    10.10. 2017 09:18  | 

    Trading software called The Bitcoin Club is supposed to change your life by turning you into a millionaire within no time. By joining their club, you\'re getting free access to their software.

    Who stays behind The Bitcoin Club?

    Unfortunately, we can\'t let you know who stays behind The Bitcoin Club because they didn\'t want us to know. We didn\'t find that information even on their website mybitcoinclub.net. All we know that their software is related to trading bitcoins but that\'s it - no proof, no information about the owner nor the company, no contact info. Anonymous service at its finest!

    How The Bitcoin Club Works?

    Another thing they didn\'t inform us about - we have no idea how their software works. We didn\'t hear any formulas nor strategies were mentioned. Shady, don\'t you think?

    Disturbing things found!

    Even though there are certain \"members\" claiming that they\'ve managed to earn between $300 and $600 within 2 hours, we have no reason to believe them because there\'s no hard evidence to prove it.

    Rest assured that none software and especially none person will ever be able to guarantee you profit. Help can be given but guaranteed profit - never.

    Remember how they said that this software was free? Well, it\'s not. They ask you to invest at least $250 into it. Another thing that worries us is that they didn\'t mention anything about brokers and broker is a must-have when you\'re trading cryptocurrencies.

    What happens when you register on mybitcoinclub.net website?

    Upon filling up details for the registration, you\'re asked to provide credit card details. Don\'t do that! It\'s very dangerous because their website is not safe - your data can easily be stolen.

    The Bitcoin Club Scam Review - Conclusion!

    We believe that the evidence we provided is enough solid to make you realize what kind of a scam this The Bitcoin Club is. Trade safe!

    trading software, shady, anonymous service, scam, The Bitcoin Club
    Scott Evans
    10.10. 2017 09:16  | 

    Recently we\'ve encountered a new trading robot called MTSoft that was developed by John Harrison. However, there are many things that are not proper in this sentence - and that\'s the word \"new\" and the name of the developer. We found out that MTSoft is just a relaunch of The Mirror Trader which was developed by the same \"guy\" whose identity is made up. This robot is \"free\" to use, you\'re just required to invest at least $250 into it and the robot will do everything on its own. With your money, of course.

    MTSoft Review: What we know about this project

    Besides few colors and logos, nothing is changed! MTSoft looks almost the same as The Mirror Trader. They even used the same testimonials! Regarding the testimonials - just like everything else, they are fake as well. Luckily, not many people fell for this scam - just the naive ones who trusted the promise of earning $14,000 per day. Another reason why you shouldn\'t trust their promises - their software was launched a day before we made this review!

    MTSoft is a white label: It\'s quite evident

    The same problems we encountered with Desert Millionaire, Blazing Speed Trader and the Mirror Trader, were encountered with the MTSoft as well!

    Think twice before you subscribe to MTSoft or any other software that makes wild promises

    Accuracy as high as 99% and earnings of $14,000 per day? Aren\'t these unrealistic promises enough for you to never again think about this robot? None trader nor trading robot will ever be able to accomplish such high achievement.

    The truth concerning this matter

    Don\'t trust these bunch of scammers! We\'ve provided plenty of evidence to help you realize that this is just a scam. Trade carefully!

    trading robot, relaunch, scam, John Harrison, MTSoft
    Scott Evans
    10.10. 2017 09:12  | 

    FX Trading Advisor is a trading platform that promises having more than 7,000 pips as well as achieving high accuracy. This platform is operating with Forex and making its users lose their money. Their system was launched on fxtrading-advisor.com in 2016. They offered some results but they seem to be different then the real results. In order to help people realize what FX Trading Advisor is actually about and to prevent people from losing their money, we\'re doing a thorough and honest review.

    FX Trading Advisor: Are We Saying That This Is Scam?

    Besides $1 worth 14-day trial subscription, you can pay $39 for week, $99 for a month or $249 for a quarter. Promising signals will be sent to you via a phone app or the email. There\'s also a 60-day money-back guarantee. Allegedly, if you make at least 100 pips within the first month, you\'ll get access to the signals for the second month, without having to pay for anything. However, if they make you waste your money with the first signals, why would you want signals for the next month? Also, the money-back guarantee will just give you back the money you paid for the subscription - the money you lost in trades will not be returned!

    Is anyone using FX Trading Advisor?

    Even though it was launched in 2016 meaning that it\'s been around for a while, it\'s still not popular. This suspicious service has almost 0 user reviews to prove their \"81% win rate\". They do have some myfxbook results but without real user reviews we can\'t trust paper results.

    What Other Things Should You Know About FX Trading Advisor

    They are offering many bonus products that you\'ll get upon signing up for their service but we\'re sure that, after losing money to their main product, nobody would want any bonus products. FX Trading Advisor is just a scam and we hope that you\'ll stay away from it!

    trading platform, Forex, suspicious service, scam, FX Trading Advisor
    Scott Evans
    10.10. 2017 09:10  | 

    Latest signal provider we\'ve encountered is the Full Arbitrage Trading Tool and the name of its developer is Mike Persona. This signal provider operates with binary options in away of recommending you what should be your next move in placing trades.

    Full Arbitrage Trading Tool by Mike Persona Review!

    Supposedly, Mike was a programmer before he decided to step into the financial industry. The reason why we won\'t trust him being a programmer is that he doesn\'t have a track record to prove that he\'s a programmer. There\'s a one-time fee of $49 for the Full Arbitrage Trading Tool and $19,90 per week.

    Please, stay away from this crappy trading tool, and here\'s why

    There is not a single proof that would convince us that Full Arbitrage Trading Tool is operating with binary options. On top of that, Mike said that his software is the act of buying security in one market, and selling it in another market while making profit off it. Besides promising nonsense, Mike is talking about one thing while explaining another thing. This is a huge sign of a bogus system.

    Full Arbitrage Trading Tool is stupidly dangerous

    Based on the demo video that they provided, we realized that they didn\'t tell us what are the signals that their software generates, based on. Also, there\'s no arbitrage trading mentioned either. Later on, they said that their software is based on the Martingale trading strategy. Believe us when we\'re telling you that none experienced trader will follow the \"Double the loss\" strategy. Believe us also when we\'re telling you that Full Arbitrage Trading Tool is nothing more than a fraud which you should stay away from!

    signal provider, binary options, bogus system, fraud, Mike Persona, Full Arbitrage Trading Tool
    Scott Evans
    10.10. 2017 09:08  | 

    Daily Pips Signal is a signal generator that operates with Forex, that has been around for a while and, if you\'ve ever invested into it, feel free to say goodbye to your money!

    Daily Pips Signals Review: An Overview of What It is

    This not so popular signal generator charges between $30 per month and $499 per 3 months. Basically, you\'re buying signals which you can copy and place trades according to them. However, what makes you trust their signals? On top of everything, there are so many bad reviews that we\'re really wondering why we\'re investigating this one further.

    False Claims That Their Signals Are 100% Successful

    Rest assured that none person nor software will ever be able to guarantee 100% profits. This is just an unrealistic claim that you shouldn\'t even pay attention to.

    Past Performance: What\'s The Average Profit In The Last Few Months?

    Sure, they posted results for their performance since the 17th of May, 2017. Why are we supposed to trust these \"results\" when they can be simply fabricated. We need verified results and not some filled HTML tables. Without verification we don\'t have a single reason to trust these claims.

    What\'s their level of interaction with users on social media?

    It seems that their Facebook page is quite unpopular - they only have 200 subscribers and they are not posting too much. Without their content and without user activity, their social media activity is a 0. Without good or even bad reviews, every service is unpopular and, to be honest, shady.

    Other things worth taking note of

    Without any online mentions and with plenty of complaints we have no other choice but to mark Daily Pips Signal as a fraud and to recommend everyone to stay away from it.

    signal generator, Forex, shady, fraud, Daily Pips Signal
    Scott Evans
    10.10. 2017 09:06  | 

    Newest trading software that trades with cryptocurrency is the Crypto Wealth Creator. They are promising that you\'ll be able to earn no less than $4,000 per day; that\'s $20,000 per week! It\'s free and easy to use.

    Who is Max Carney?

    Supposedly, he is the creator of Crypto Wealth Creator. He is allegedly a millionaire, software developer and investor. Even though he said that he\'s been in many magazines, we didn\'t find any evidence to prove that claim. We also didn\'t manage finding any connection between him and his software and there is also no mention of any company that stands behind this software.

    How Crypto Wealth Creator Works?

    It operates thanks to a system that\'s based on AI (Artificial Intelligence) and the Blockchain technology. This system allows software to generate best signals.

    Disturbing things found!

    Their bank statements are fake! We see different company names (\"Crypto Wealth\" and \"Crypto Wealth LLC\") and we also see that the date of the transfer is 2nd of September, 2017, and that\'s Saturday.

    Their testimonials are fake as well! They used made up names and stock photos in order to create \"identities\".

    More alarming things!

    Even though the creator is promising high-accurate trading software that will make profit for sure, their disclaimer says that they do not guarantee any profit. Contradictions like these are what makes our job even easier.

    They said that they have users all over the world who have tested their software, but right after that, we found out that they said that Option trading is not regulated within the US. Another contradiction, another sign of a bogus system.

    What happens when you register on crypto-wealth.co website?

    As soon as you sign up for an account, you\'re asked to register a new trading account for their broker. Not only that you don\'t know the name of your dedicated broker but you also don\'t know whether that broker owns a license or not. It\'s highly risky getting involved with unregulated brokers!

    Crypto Wealth Creator Scam Review - Conclusion!

    We believe that we\'ve provided enough information for you to realize that you should not mess with a fraud called Crypto Wealth Creator.

    trading software, cryptocurrency, bogus system, fraud, Max Carney, Crypto Wealth Creator
    Scott Evans
    10.10. 2017 09:04  | 

    Crunch Tech is a new trading robot developed by Mike Freeman. Mike Freeman is also the owner of Neo 2 - a robot that turned out to be a scam. Mike represents himself as a binary options guru but he pretty much failed to prove that. Based on Mike\'s history we have no other choice but to mark Crunch Tech as a shady offer but we\'ll investigate it anyway.

    The shady activities of Mr. Freeman

    Mike is not like other fraudsters - he doesn\'t hire cheap Fiverr actors and he managed to get few positive user reviews! However, that\'s not enough to fool us. He used local actors from LA, California in order to avoid famous Fiverr actors.

    About Crunch Tech Software

    According to Neo 2, Crunch Tech could be based on ridiculous weather patterns as well. First of all, Crunch Tech\'s promo video is almost the same as the one Mike already used for promoting Neo 2. He used different actors and a bit different approach but that didn\'t affect the main things. The website is also a bit better but the similarities are still present. There are many positive reviews but we did expect that since Mike is really a rich man who has no trouble getting what he wishes for.

    Similarities in videos appearing on Crunch Tech and Neo 2 websites

    We\'ve managed to find out that the same user uploaded promo video to the Crunch Tech\'s website as well as testimonials for that website. The schemes used for videos are practically the same and it\'s easily noticeable. Mike also seems to have rented a facility whose address is revealed - LA, Gas Company Tower at 555 5th St. There are simply too many similarities and wrong things for us to trust this shady offer. Crunch Tech is a fraud with Mike Freeman, the fraudster, being behind it. Stay away from it and keep your hard-earn money safe!

    trading robot, binary options, shady offer, fraud, Mike Freeman, Crunch Tech
    Scott Evans
    10.10. 2017 09:02  | 

    Latest trading software developed by Roger Pierce is the Auto Binary Signals. This automated system trades with binary options and promises to generate $230,000 for you per month.

    Who is Roger Pierce?

    According to autobinarysignals.com Roger Pierce is a trader who managed earning $720 per 72 seconds with Auto Binary Signals. However, we weren\'t able to see what does Roger look like so we don\'t have a way of verifying Roger\'s identity. Also, there is no connection between Roger and Auto Binary Signals on the internet - just bunch of reviews (negative ones).

    Also, they didn\'t mention any company during their promo video. Anonymity is a bad sign!

    How Auto Binary Signals Works?

    This software is based on an algorithm that uses 5 trading indicators in order to achieve accuracy as high as 80-100%.

    Even +80% accuracy is high to achieve and especially hard to maintain - reaching 100% accuracy is impossible, especially in the financial industry. Rest assured that none person nor software will ever be able to achieve such high accuracy. Don\'t trust these ridiculous claims!

    Disturbing things found!

    We need to inform you that generating signals is considered giving financial advice - and that\'s kind of activity that requires a license to be owned in order to be legitimate. They didn\'t show us any license, didn\'t they?

    They did show many \"satisfied\" users on their website but these are just made up reviews, don\'t fall for that.

    System being automated means that you don\'t have any control over your account - you can lose your entire balance within no time.

    More alarming things!

    Even though brokers are the most important thing when it comes to trading binary options, they didn\'t mention them at all.

    Auto Binary Signals Scam Review - Conclusion!

    We believe that we\'re provided enough evidence for you to realize that Auto Binary Signals is a scam. Keep trading safe!

    trading software, binary options, automated, scam, Roger Pierce, Auto Binary Signals
    Scott Evans
    10.10. 2017 09:00  | 

    Apiary Investment Fund is the company that stands behind Apiary Fund - the trading system that operates with Forex as well as with stocks. Creators of this system require the minimum initial investment of $2,500 in order to start earning. This company has been around for a while and people have been complaining about them for a long time. This company actually performs prop-trading but that doesn\'t mean that you should blindly trust their claims.

    Apiary Fund Review: The dirty little secrets that everyone hates about this company

    You can\'t just pay for the life-long subscription - there are monthly membership fees as well. They are promising to fund your account with $2,500, $5,000, $10,000 or even more, according to your qualifications. However, this story is shady.

    Apiary Fund products in detailed description

    There\'s a 12-module course which is supposed to teach you the basics of Forex and currency trading. This is possible only if you pay monthly subscription worth $100. There\'s even a one-time fee worth $297 that grants you access to anything that Apiary Fund documents and they are documenting everything (live chats, track record, etc). Also, they say that they\'ll give $600 to anyone who pays for the $100 worth monthly subscription.

    What is the estimated return on investment for those who join?

    Besides the promised 60-85% profit, they didn\'t mention anything about the monthly returns.

    Let\'s discuss the owners of Apiary Fund Investment

    Shawn Lucas is the owner of the company that stands behind the Apiary Fund. Even though this scam is run by real people it doesn\'t mean that it\'s not a scam.

    Something fishy though is lurking on the horizon

    They hired some guy to tell his story about earning tons of money. After that story, he started begging us to sign up! This is too odd to be true. Also, one person doesn\'t make the testimonials look too great.

    Think harder!

    Even though they are promising you the profit, you can find on their website that they stated that they aren\'t responsible for your losses. This scam should be avoided big time and you know it. Keep trading safely!

    trading system, Forex, prop-trading, scam, Shawn Lucas, Apiary Fund
    Scott Evans
    08.10. 2017 22:59  | 

    Latest signal generator that got launched into the binary options industry is the VfxAlert. This signal generator allegedly offers features such as extended stats, Heatmaps and signal power. Extended stats should help users identify the conditions of maximum profitability signals. Heatmaps represent a graphical interpretation of how signals are bound to perform in certain market\'s conditions. Signal power is one of the technical indicators. This offer seems quite technical and promising (just like others) and that\'s why we decided to investigate it.

    VfxAlert Review: Details worth taking note of

    They are offering you free and $30-worth service. Free subscription lasts for as long as you use it and the other one costs $30 per year. Free service doesn\'t feature as many options as paid one but that\'s pretty much expected. However, whichever service you opt for, you\'ll end up losing your hard-earned money. Your profit, or any greater good at this example, is nothing that VfxAlert is concerned about. All they care about is ripping you off.

    Disclaimer statement at the footer of the VfxAlert website

    Even though they are promising that by following their signals you\'ll be able to increase your income, they said that their signal generator is for educational purposes only - meaning that they won\'t take any responsibility for your losses.

    Asking them whether or not a trading record exists

    They pretty much admitted that they don\'t have any track record of their trading performance. Basically, you\'re supposed to trust and invest into someone who has NEVER traded before.

    Who\'s behind this website?

    Aleksandr Mikolyuk is the alleged owner of this website but we don\'t know anything else about this owner, except for his name. Actually, what we have here is known as an anonymous service - not much information about the service and definitely not much information about the owner.

    Summary of points highlighted above

    This signal generator called VfxAlert is nothing more than a scam - and we have plenty of evidence to prove it. Our honest review was meant for you to realize that this is a scam and to, hopefully, keep your money safe.

    signal generator, binary options industry, anonymous service, scam, Aleksandr Mikolyuk, VfxAlert
    Scott Evans
    08.10. 2017 22:58  | 

    Latest trading system is called Trading 123, it\'s located at Trading123.net and it targets Forex traders. This trading system doesn\'t just offer various products - there are features like live trading room. Allegedly, Trading 123 can help you generate more than $40,000 per month. On top of everything, this software is automated! Patrick Moore is the guy standing behind this offer and Ron Popeil is helping him by convincing you to take this system for $3,995 and enjoy income for the rest of your life.

    Trading123.net Autotrader overview: Unmasking the dirt

    There seems to be a connection between Trading 123 and Ninja Trader. As we\'ve already mentioned, Patrick Moore is the owner of this offer and he\'s selling his product for $3,995. However, you can\'t get that system anywhere else but on Ninja Trader ecosystem. In order to get the Trading 123 system, you\'ll need to pay $999 to Ninja Trader ecosystem in order to get their license.

    Performance record for Trading 123 (Trading 123.net) system

    By thoroughly investigating their website, you might think that they are actually running a genuine system - they published quite attractive results on many web pages. We ran all of the social medias and we found many promising results. Almost as if his system could maintain 99% win rate. All of these claims are just well made with a simple goal - making you pay $3,995 for the system.

    Complaints and inquiries

    One of the complaints said that the system works extremely well on a demo account but fails to perform any good on real account.

    Getting Patrick Moore to comment on the matter

    We tried reaching Patrick in order to ask him few questions but he wouldn\'t tell us anything until we disguised as a newbie wanting to buy his system. Since we didn\'t have much luck getting information from this guy, we soon realized that our investigation is over. We believe that this scam is well made but it\'s still a scam. Don\'t let scammers fool you! Stay away from this scam and keep your hard-earned money safe.

    trading system, Forex, scam, Patrick Moore, Ron Popeil, Trading 123
    Scott Evans
    08.10. 2017 22:57  | 

    Latest managed Forex account service is the Think Huge Investments located at thinkhugeinvestments.com which promises great earnings for anyone who invests $10,000 into their service. This offer seems very suspicious because they ask for $10,000 as an initial investment which isn\'t a small amount of money, so they better offer something good. Let\'s see what\'s actually going on here!

    Think Huge Investments Overview

    First couple of problems that we noticed are facts that they showed previous performance as current performance as well as claiming that they won\'t charge you any management fees and promising no lock-in periods. First of all, why would we want to hear about performance which occurred long time ago if we\'re interested in their current performance? Besides that, they don\'t have any evidence to prove that performance so we really have no trustworthy information about their performance. Besides that, having an office in London and Sydney doesn\'t prove anything. We\'re living in an era where people can arrange anything and make it look professional and appealing for most of the people - therefore you shouldn\'t blindly trust anything you hear / see.

    Unverified statistics

    Allegedly, there are 340 users of Think Huge Investments. Besides that, they claim that their capital has reached more than $20,000,000 with 41.66% growth. These numbers are quite high and appealing but that doesn\'t mean that we need to fall for them without questioning them first. Big numbers are good, but evidence is crucial. Nowhere on their website will you find any evidence to support their claims. Regarding their myfxbook results - yes, it\'s a good thing that they do have them but it\'s well-known that these results are not trustworthy.

    No user reviews

    User reviews are the most important thing and Think Huge Investments fails to provide that. Of course, it\'s not up to them to make reviews but it\'s up to them to provide good service to people so that they leave reviews! Without reviews we can\'t trust this service.

    A \"rigorous interview\" process for their employees

    Allegedly, Think Huge Investments always screen their traders and that\'s a good thing - but don\'t think that good and experienced traders will ever work for others. At the end, we\'d just like to state that based on everything that we found out, it\'s easy to conclude that Think Huge Investments is a scam. Make sure to stay away from it and you\'ll be fine.

    managed Forex account service, suspicious, scam, Think Huge Investments
    Scott Evans
    08.10. 2017 22:56  | 

    When it comes to trading Forex, managed Forex account service is what you might find helpful. However, not always will that service be genuine and lucrative - many times you\'ll just end up losing your money to a fraud. Risecap FX is a suspicious service and we suggest you to check out the rest of our honest review in order to realize what\'s Risecap FX actually about.

    Risecap FX Overview

    There are 4 different account types that you can opt for and the minimum initial investments range from $500 to $100,000 in accordance to the account type you opted for. Monthly returns range from 15% to 38% and take a note from us when we tell you that 38% return on investment is way too high, compared to other managed Forex account services.

    Details of Risecap FX: Is it a genuine company?

    First of all, we\'d like to tell you a couple of words regarding genuine companies. Unfortunately for us (fortunately for fraudsters), today it\'s way too easy to set up an office with phone number and even legitimation and start stealing people\'s money - legally or illegally, they don\'t care. That\'s something that happens every day and that\'s something we can\'t stop - we can just warn you to keep your eyes closed and not trust everything you see. Risecap FX doesn\'t even have a license meaning that they didn\'t go through that much trouble just to trick us. However, without a license, we really have no reason to trust them.

    The truth about this company

    Thanks to their website as well as search engines, we found out that they don\'t have a license. Besides that, we also found out that they do not have any track record to prove their trade performance. On top of everything, they even said that they started operating in 2013 and yet, they don\'t have testimonials nor any user reviews to prove their work. Based on everything that we found out during our thorough investigation, we highly believe that Risecap FX is a fraud and we recommend you to stay away from it!

    managed Forex account service, suspicious service, fraud, Risecap FX
    Scott Evans
    08.10. 2017 22:55  | 

    New shady offer called QProfit System has been launched into the binary options industry. This trading platform promises earnings as high as $1,000 per day. However, claims are made to be verified and that\'s exactly what we\'ll try to do - verify their claims and promises.

    QProfit System review: The ultimate truth revealed

    Jerry Douglas is the owner of their website. One of the first problems that we encountered is that their website uses very popular template which is already used by many other scam-related websites. As Jerry claims, QProfit System operates with 95% win rate - don\'t you think that this is \"a bit\" too high? Not only that they didn\'t bother making unique and professional website but they also dare to talk about unrealistic things such as 95% win rate. This is way too unprofessional to be trusted, but let\'s not conclude yet.

    Evidence that QProfit System is just a scam

    We found out that 1G Profit System, the one that turned out to be a scam, was something like an idol for QProfit System - QProfit System used entire 1G Profit System\'s template as well as claims and unrealistic promises. Another problem, besides looking a lot like some other scam, is that it doesn\'t give any information on how does their system work and they didn\'t even bother offering us a demo account.

    Other details about this software

    Even though the binary options industry is the place that had a chance to meet QProfit System, it turns out that QProfit System has nothing in common with trading binary options.

    Trading results for this software

    Unfortunately, there is no hard evidence that would prove that QProfit System can actually help you earn $1,000 per day. They, however, did show up some testimonials but we soon realized that those testimonials consist of 3 stock photos with some made up names. Unfortunately, shady offer QProfit System at the end turned out to be a scam, just like we expected. Make sure to not waste your time nor your money on this system!

    trading platform, binary options industry, shady offer, scam, Jerry Douglas, QProfit System
    Scott Evans
    08.10. 2017 22:54  | 

    We\'ve just encountered new trading system which promises great things to its users and it\'s called Maximus Edge Autobot. This automated software is allegedly trustworthy and we\'re about to find out whether that\'s true or not.

    Maximus Edge AutoBot Scam Review - The Investigation

    One of the things that we liked the most about this automated software is that it\'s quite easy to use it. You won\'t experience buttons all over the interface and the confusion which button you should click next.

    How Maximus Edge Autobot Works?

    Their system is based on indicators such as Pivot Levels, RSI STOCH, Bollinger Bands, MACD and Fibonacci retracements. Here\'s a little something about these indicators.

    • Pivot Levels can be close, high and low. This indicator is used for determining future resistance and support zones.
    • RSI STOCH represents 2 indicators which are often used as entry triggers. Their purpose is measuring overbought and oversold market conditions.
    • Bollinger Bands represents an indicator which plots two standard deviations away from a moving average. Besides that, its purpose is measuring volatility as well.
    • MACD stands for Moving Average Convergence Divergence and it represents a trend-following indicator. Its purpose is forecasting future market\'s direction changes.
    • Fibonacci retracements represents quite a unique and popular indicator which combines resistance and support zones (levels) with Fibonacci numbers (1, 1, 2, 3, 5, 8, etc).

    Should we trust Maximus?

    Unlike what we\'ve seen with many unreliable and phony systems, this one is covered up with nicely done website that provides all of the information that we would want to get.

    Maximus, the owner of this service, seems quite alright and he doesn\'t represent him as a billionaire.

    What the community says?

    Feedback is one of the most important things when it comes to pretty much everything.

    Reviews that we\'ve found online are quite positive and we\'re glad to hear that.

    Our experience with the Maximus Edge Autobot?

    We\'ve earned $1,920 within 5 days by investing as little as $250.

    Maximus Edge Autobot Scam Review - The Conclusion!

    It\'s not an everyday situation that we find some promising trustworthy software that is both realistic and actually lucrative. However, Maximus Edge Autobot is a genuine software that will help increase your monthly income with no trouble. Feel free to try it out!

    trading system, automated, trustworthy, genuine, Maximus, Maximus Edge Autobot
    Scott Evans
    08.10. 2017 22:53  | 

    Latest trading robot that we\'ve noticed is the Max Crypto Scam launched on crypto-robot.com. This trading robot is capable of recognizing volatility of different crypto currencies and using that volatility in order to generate profit off it. Besides that, this robot is automated as well. However, major problem is that we doubt that this software is a relaunch of the Auto Crypto 247 which turned out to be a fraud as well. However, we\'ll still check out this suspicious offer.

    Max Crypto review

    Allegedly, just by investing as little as $250 or $1,000 you\'ll be able to profit between $50 and $400. All of that for free! The sign up is as simple as filling up your contact information and funding your broker\'s account.

    Who owns this software?

    Allegedly, this system managed to gather thousands of users within a year. However, even though they said that they have been operating since 2016, we found out that their website has been launched in August 2017. Besides this lie, we also found out that they used stock photos and made up names in order to create phony testimonials. We don\'t even have an idea who the owner of this offer is. Don\'t forget that they promised that this system is free - never fall for \"free and lucrative\" systems!

    Testimonials in favor of Max Crypto

    They have a section called \"Our top crypto traders since 2017 July\" even though, as we\'ve already mentioned, they have launched their system in August 2017. Is this enough for you to realize that it\'s a lie?

    Fake endorsements

    For some reason they are really sticking with the year 2016. They once again mentioned that year when saying that they got voted as the best trading system in 2016. They are just trying to sell us bunch of lies but we\'re not falling for that. Based on everything we found out related to this offer, we\'re marking it as a fraud and we hope that you won\'t get fooled by it!

    trading robot, relaunch, suspicious offer, fraud, Auto Crypto 247, Max Crypto Scam
    Scott Evans
    08.10. 2017 22:52  | 

    Fxstay is a trading platform that allegedly trades with safe risk and doesn\'t charge any fees. Monthly returns are 10% and losses are not higher than 5-10%. Right after last claim, they say that there are no losses involved because of their safe-risk strategy - this is some major contradiction and one of the first reasons to mark this as a shady offer!

    Fxstay Overview: A bad idea and this is why

    Even though they don\'t have a physical address since they are just employing managers from around the world (online, that is), they provided some address showing that they are stated in Cyprus - another contradiction. Phone calls are something that you won\'t be able to perform since their contact info consists of their email only.

    Past Performance and other nitty gritty details

    If you\'re looking for their past performance, don\'t sweat it - they won\'t show it. Supposedly, past performance doesn\'t show their current nor their future performance. We\'re wondering - how come they expect us to invest $100,000 for example, if they won\'t show us their past performance?

    Company is not regulated

    It\'s actually illegal to claim that you\'re some kind of expert and making a large portfolio, if you don\'t have a license. That\'s exactly what Fxstay is up to. They tried to take off the responsibility of themselves by claiming that trading Forex is a risky activity and therefore we shouldn\'t always expect profits. What happened to their risk-free strategies?

    What are their products and services?

    You can invest $1,000 and get access to their mini account, or you can invest $10,000,000 and get access to Gold VIP account. The gap is too large between those 2 account types and surely $10,000,000 is way too much money for a shady offer that doesn\'t show past performance.

    More lies along the way

    Their win rate is allegedly around 85%. This number is high, we\'ll give them that, but once again, they don\'t have the evidence to prove it. It\'s easy promising great things - it\'s hard proving you\'re capable of providing that. We hope that we\'ve pointed out enough things for you to realize what\'s actually going on here. Stay away from this fraud and your money will be safe!

    trading platform, shady offer, fraud, Fxstay
    Scott Evans
    08.10. 2017 22:51  | 

    Commodity Profits is a trading platform that operates with binary options. As usual, the creators of this platform are promising great things and we\'re looking forward to investigating this suspicious service and telling you all about it.

    Overview of the Commodity Profits App

    At first sight, their website commodityprofitsapp.com provides some well-written content meaning that their writer knew what he was doing. Unfortunately, the content spoke about everything except for what we wanted to hear. They represented Commodity Profits as a super-human app that operates with an amazing win rate. Their app represents the 7-in-1 package that consists of Gold Module, Silver Module, Copper, Oil Module, Palladium, Bitcoin and Coffee modules. Supposedly, they have tested all of the modules many times and they all turned out to be lucrative. The Gold module has a 916% win rate. This is the first time we encounter something like this. We\'ve laughed before at unrealistic claims such as >90% win rate, but 916% win rate? This is too impossible to even discuss it. On top of everything, they can\'t prove their incomes meaning that their claims will remain fairy tales.

    Commodity Profits App: A hoax being peddled as a genuine robot

    So, they can\'t verify their claims of achieving 916% win rate, they can\'t show their past performance because they don\'t have any track record and on top of that they are talking about not-hackable AI that they developed on their own which is supposed to make you believe them. Besides all of this, they won\'t even dare telling us how does their system actually work.

    More absurd claims on Commodity Profits App

    At beginning, they said that there are only 5 people who used this app, and later on, we\'ve noticed testimonials which consist of large number of \"users\". As we continue investigating this system we\'re just laughing harder and realizing how bad this offer actually is. Just stay away from this scam and always keep your eyes open.

    trading platform, binary options, suspicious service, scam, Commodity Profits
    Scott Evans
    08.10. 2017 22:50  | 

    Latest trading expert advisor that operates with Forex is the Arteon Robot EA. Unfortunately, we have to disappoint you right away because Arteon Robot EA doesn\'t even have any reputation. Without any social media / search engine results, how are we supposed to trust Arteonrobot.com? This review should help you realize what\'s actually going on with Arteon Robot EA.

    Arteon Robot EA Overview

    We\'ve heard about Arteon Robot EA via certain promo email that came into our inbox not so long time ago. As usual, they promised great things in return for using their system. The problem is that everyone talks that their system is the best - but we need evidence in order to trust any claims.

    Complaint Number 1: Which is the biggest complaint about this EA so far

    Huge draw down is one of the main problems that Arteon Robot EA features. This is something that we heard of from several different people at the same time! They said that the draw down reached 43%! Keep in mind that, in order to succeed, you can\'t just settle down after winning one trade. You have to maintain high win rate and to maintain it for a long time - experience is the only thing that can help you achieve great things.

    Complaint Number 2: Website details not clear

    They actually hid the registration name of Arteon Forex Robot. This is very suspicious and it got us thinking about many things. Allegedly, their office is in Scottsdale but we can\'t trust that claim either.

    Past Performance: Are those results verified?

    We\'ve mentioned this earlier but we\'ll gladly remind you. Having myfxbook results is good but it\'s not completely trustworthy and should not be treated as \"If you have it, I\'ll blindly trust you\". Sure, they will show you their results but don\'t blindly trust it. They are still missing many evidence meaning that we have no other choice but to mark Arteon Robot EA as a fraud. Trade safe!

    trading expert advisor, Forex, suspicious, fraud, Arteon Robot EA
    Scott Evans
    18.09. 2017 22:20  | 

    FX Broker called Yadix is known for using the PAMM system and Yadix can associate your Forex account with an asset manager. All you have to do is to invest $500 and that\'s it. Yadix offers 4 different account types - classic, scalper, Rebate and Pro. These account types feature different bonuses, technologies, maximum trade size, withdrawal speed, etc. However, this offer is too suspicious and therefore we decide to find out as much as we can about it.

    Yadix Forex broker: A seemingly professional broker with low trust rating

    Low trust rating happened due to few users who made some large complaints against this FX broker. What caused even greater problems is that Yadix completely ignored them. This could mean many things but we have yet to discover.

    First user complaint

    One user said that Yadix was charging $10 for 1 lot which is too much and also he said that the execution was way too slow. Of course, Yadix said that none of that was true so we\'re just stuck with 2 different stories.

    Second user complaint

    Yadix allegedly doesn\'t like profitable traders. That\'s why he once sent an email to one of the users, saying that their trading style was too dangerous - even though Yadix said that all trading styles are more than welcome. As soon as this trader started making money, Yadix literally closed his account.

    Quality of service for those who use Yadix broker

    So far, we\'ve realized that even though users say one thing, Yadix will always say the opposite. Besides that, the FX broker never reacts to the complaints. On top of everything, Yadix is known for having the highest minimum unit margin requirements in the industry.

    How about their PAMM system?

    There are actually no users who said that using Yadix has helped them increase their monthly income. No matter what system Yadix uses, if it doesn\'t turn out to be helpful, why should it matter? Based on everything that we found out about Yadix, we\'re marking it as a scam and we hope that you won\'t get in touch with it!

    FX broker, Forex, asset manager, suspicious, scam, Yadix
    Scott Evans
    18.09. 2017 22:18  | 

    Recently we\'ve encountered another trading software that promises great earnings with no hard work - it\'s the Rich Janitor. Allegedly, it\'s free of charge and completely automated. You\'re promised to get $70 just for signing up for this software. This shady offer is yet to be investigated and therefore stay tuned!

    Who stays behind Rich Janitor?

    Mike Dee is the alleged owner of this software. This guy tried to use his \"sad life story\" to cause your empathy but don\'t fall for it - they didn\'t even dare showing Mike in the promo video and therefore we have nobody to trust to. Besides not seeing any faces, we didn\'t even see any contact info.

    How Rich Janitor Works?

    The only thing that richjanitor.com told us is that it operates 24/7 trying to find loopholes which could then be used to place winning trades. However, that\'s it - no strategies nor formulas were mentioned meaning that we end up having no idea how this software actually works.

    Disturbing things found!

    Since their website is one of the first things you\'ll encounter, it should be one of their strongest tools. However, they failed to amaze us with their website. Not only that they didn\'t amaze us, but they managed turning us down just by their lousy website which is full of lame tricks, unrealistic promises and other bad tricks.

    We have to remind you that generating signals and placing trades on its own is considered as giving financial advice and that\'s kind of activity that requires an license in order to be legal. However, if we don\'t have any information about this owner nor the company, how are we supposed to know if they own the license or not?

    Once you sign up for an account, you\'ll get assigned one of their brokers. The problem is that they won\'t tell you the name of your broker - so how are you supposed to check out if the broker has a license or if he\'s just a scammer?

    Rich Janitor Scam Review - Conclusion!

    We believe that we\'ve provided enough evidence for you to mark this Rich Janitor as a scam and to not invest into it. Trade safe!

    trading software, shady offer, scam, Mike Dee, Rich Janitor
    Scott Evans
    18.09. 2017 22:16  | 

    Latest trading service that operates with Forex is Multinational Forex. Their \"key to success\" is that they use multiple languages in order to get as many users as they can. Main features that this service provides are educational programs and trade copying service. Allegedly, they are stated at 18851 NE 29th Ave, Aventura, FL 33180 and they gave us their skype and email.

    Multinational Forex Review: what you should know about this company

    They offer trading all instruments via 15 different trading platforms and strategies. The first things we want to see if they want to convince us that they are good, are the results.

    Products offered by Multinational Forex

    Educational program costs $80 per month and you can pay that via Western Union, Wire transfer or Skrill. This is already bad that they limited you to these payment methods. Besides that, they require that you notify them whenever you make a payment - why would some serious company need something like that? Shouldn\'t they have a team of people who are in charge of things like that? Moving on, this feature provides you with plenty of trading strategies, a complete trading education, indicators, live trades, etc. You can even use a demo account for some time.

    Multinational Forex trade copier service

    Trade copying service costs $50 per month and this service operates with all account types and brokers. However, they will try to force you to opt for one of their brokers. Another bad thing is that they showed their results via screenshots. We all know that pictures can be fabricated and that\'s why we\'re not going to trust their screenshots.

    Let\'s see what customers have to say

    Even though they (probably fabricated) showed screenshots of positive reviews on their website, outside their website we found out that people were having negative experience during the time they were using this trading service.

    Summary of points to note

    We\'ll rest our case by saying that they don\'t even have a myfxbook account. Based on everything we\'ve found out so far, we can easily mark this offer as a fraud.

    trading service, educational program, trade copying, fraud, Forex, Multinational Forex
    Scott Evans
    18.09. 2017 22:14  | 

    JAD Capital Management is another managed Forex account service that promises great things but without any trustworthy evidence. This shady offer promises that using their service comes with 0 risk. The problem is that the financial industry comes with certain amount of risk no matter what you\'re dealing with - don\'t let anyone fool you that they can provide risk-free services to you. Besides unrealistic promises, their website is just a major turnoff for visitors due to their awful grammar. Sure, it\'s not all about grammar but if you can\'t properly present your services, how are people supposed to take you seriously?

    JAD Capital Management Overview and other problems

    Bad grammar and free wordpress theme are not the only bad things about this offer. We found out that instead of LPOA, their website uses POA document which basically grants their brokers permit to place trades on their own and to make changes on other traders accounts. Also, we didn\'t manage getting much information about the company itself. Even though we found out that their brokers are regulated, we still didn\'t catch if their company has the license. Regarding their features, they are offering 10% stop loss, up to 10% risk factor and many other. Another problem, besides many unrealistic claims, is that they mentioned 2 different initial investments on their website - $10,000 and $5,000. The performance fee is too high, reaching even 35%.

    Performance results

    When we asked for performance results, they gave us some form to fill up with our details. Now, why would someone want to hide their \"promising\" and \"trustworthy\" results from everyones eyes?

    Other things worth taking note of

    Besides suspicious domain uk.jadcapital.com (and we say suspicious because they didn\'t mention that they were located at the UK), they don\'t have any track record nor user reviews and they have some poor risk disclosure. Based on everything we\'ve encountered while investigating this offer, we realized that JAD Capital Management is a pure scam which you need to avoid if you want to keep your hard-earned money safe.

    managed Forex account service, shady offer, scam, JAD CApital Management
    Scott Evans
    18.09. 2017 22:10  | 

    Managed Forex account service called FxMAC doesn\'t care for many things that turn out to be a huge turn-off for many investors. Bad grammar, huge initial investments and ridiculous statements are the things that perfectly describe FxMAC. Forexmanagedaccounts-fxmac.com didn\'t give us any valuable information and on top of that it was made in such a poor way that none investor would ever invest $10,000 into it.

    Forex Managed Accounts Consulting or FxMac Overview

    This shady system claims to be an asset management company that places trades on behalf of their users. They are located in Saint Vincent and the Grenadines, even though they said that their offices are in London. Their \"About us\" page didn\'t give us any information about the company nor the contact info. Even though they didn\'t tell us anything about their trading programs, they were assuring us that we can make tons of money thanks to their trading programs.

    Only investors with $300,000 have access to a phone number and their office in London

    Asking for $300,000 for a PHONE NUMBER? This is by far the most ridiculous thing ever. We don\'t feel the need to discuss this lame statement any further.

    Verified results as seen on the FxMAC website

    Sure, they do use Myfxbook and Fxstats as ways of proving their results but we\'ve seen a claimer saying \"results are restricted by the authorization of the fund manager\". If they don\'t want to show their track record to the investors, how are they expecting us to trust them and invest into them?

    Don\'t be fooled anymore

    Without solid licenses and track record, we don\'t have many reasons to trust this shady system.

    No user reviews

    Besides FxMAC not having many users and no track record, they don\'t have user reviews nor social media mentions either! Don\'t trust this fraud called FxMAC!

    managed Forex account service, asset management, shady system, fraud, FxMAC
    Scott Evans
    18.09. 2017 22:08  | 

    Newest trading software is called Desert Millionaire and it\'s been promoted by Chris and developed by Omar. This software can allegedly generate up to $70,000 per month for you. It\'s easy to use, free of charge and completely automated. This offer promises way too much money and that\'s why we decided to find out what\'s actually going on.

    Who stays behind Desert Millionaire

    Name of the guy that promoted this software is Chris but the guy who actually developed this software is Omar. Unfortunately, their website desertmillionaire.net didn\'t even show us faces of these guys. Besides that, the entire story about people from Dubai developing such lucrative software and giving it away to some Chris just doesn\'t manage tricking us. At the end, without contact info they are marked as a suspicious offer and it will remain like that until we find some hard evidence to prove their story.

    How Desert Millionaire Works?

    We only know that this software works on its own meaning that you have no control over it, and that\'s it. With generated signals, it places trades on its own. However, at the end we don\'t know HOW this software does any of that. They didn\'t say anything about formulas, strategies or algorithms that this software is based on, nor anything that would help us realize how this software actually works.

    Disturbing things found!

    It didn\'t take us too long to realize that they used paid actors in their promo video.

    They tried baiting us by giving out the name of the broker called Michael. Maybe some people would fall for this, but not us! First name is not enough of information for us. We need entire broker\'s identity in order to check if he owns the license or not. Dealing with unregulated brokers leads to chaos only.

    Desert Millionaire Scam Review - Conclusion!

    Statements that we brought to you should be enough for you to mark this offer as a scam and to never mess with it.

    trading software, suspicious offer, scam, Chris, Omar, Desert Millionaire
    Scott Evans
    18.09. 2017 22:06  | 

    Finding a good and trustworthy managed Forex account service is hard, especially since there are so many scams around us. Recently we\'ve encountered a new one called Best Managed Forex Account (ridiculous name, you can immediately see that it\'s kind of a clickbait) at best-managed-forex-accounts.com. We\'ll investigate this suspicious offer right away.

    Here\'s a detailed overview and review of Best Managed Forex Accounts

    Besides terrible name and domain, their website is actually quite poor. These asset managers that stand behind this offer do have a myfxbook for their system but it turns out that they were testing their strategies for 3 months. What made them think that 3 months of a testing is enough time spent on developing a system that they start asking for $5,000 from users? If they don\'t operate for at least a couple of years, they shouldn\'t give themselves the right to ask for such ridiculous amount of money from people.

    Company background

    Their \"About us\" didn\'t give us any valuable information about their company. They used this page to promote their service by talking about how big their expectations are and how good their technology is.


    They said that they were working with some of the expert brokers but they are not registered with any of the known financial organizations. Without a license, we can\'t trust them!


    Without knowing the draw down, you shouldn\'t be signing that \"contract\" they are offering.

    Profit returns

    They were talking about 10-25% of monthly returns but since we\'re sure that they are not familiar with managing Forex accounts, we believe that they just put some random numbers in order to trick people.

    Fees for doing business with Best Managed Forex Accounts

    They ask for 35% of the profit you make! Even 20-25% is big, and 35% is just way too much. We highly recommend you to stay away from this scam.

    managed Forex account service, suspicious offer, scam, Best Managed Forex Account
    Scott Evans
    18.09. 2017 22:04  | 

    Al Brooks Trading is the new trading platform ran by Al Brooks, the CEO. Al Brooks organized many video training courses and trading rooms ($99 per month) for his loyal users. He\'s published many books and besides that, he launched Brooks trading courses which cost $249. We\'ve just seen that he provides many different ways of learning trading but there\'s plenty yet to be discovered.

    Al Books Trading Review

    Al has been using social medias in order to reach out to as many people as he can. He published several books and later on we found out that Al himself uses Online Traders Expo. However, this fact doesn\'t mean anything to us because we found out that you just have to pay a lot of money and you\'d get the \"expert\" certification.

    Trading performance

    Okay, there are many books and courses to take from this guy, but if we want to learn something from him, he should be at least good at it, right? Unfortunately, there is no way for him to convince us that he is a good trader. Actually, there\'s no way for him to prove that he has EVER trader! The reason for this is that he has absolutely none track record to show to us. If he has never traded before, how can he teach us trading?

    Verifying performance of Al Book Trading

    We tried to reach him but he just stood behind plenty of lies, in order to \"hide\" his track record. We soon realized that he actually has none track record and that we won\'t get anywhere by questioning him.

    Real issues with Al Brooks

    If you take a look at one of Al\'s books, you\'ll see that he focuses on reading action while we encountered many other \"teachers\" that said that their focus is on something else. Based on everything we\'ve seen, Al\'s trading room is not the place you want to find yourself at. Stay away from this scam!

    trading platform, books, trading room, scam, Al Brooks, Al Brooks Trading
    Scott Evans
    18.09. 2017 22:02  | 

    Another managed Forex account service has been launched into the financial industry and it\'s called Acorn 2 Oak. This shady system can be reached at Acorn2oak-fx.com but we don\'t recommend you doing that. They didn\'t explain how they evaluated providers for their service. Allegedly they are saving us time by associating us with trustworthy asset managers. This offer deserves to be investigated so that people are aware what they\'re dealing with and that\'s exactly what we\'re going to do.

    Acorn 2 Oak Review: Our informed opinion based on what we see on the site

    As we\'ve already mentioned, they didn\'t inform us of what\'s their criteria for choosing asset managers. On top of that, they are offering financial advice without mentioning the risk involved.

    Acorn 2 Oak: The process of finding an asset manager

    Without disclaimers, financial advice should not be treated the right way. If you opt for their service anyways, once you choose a monthly return rate, you\'re asked to opt for one of the 3 account providers - regulated, unregulated and \"Does not matter\". Unregulated providers is what made us give up on this service immediately. Fraud detected! We\'re not sure if they were just not thinking or if they find this just fine, but offering unregulated providers is the worst thing you can do!

    User ratings for Acorn 2 Oak

    Even though they provided some testimonials on their website, we couldn\'t find any user reviews nor mentions of their service anywhere on the Internet. This is a very bad sign!

    How about their social activity?

    They are not active on the social medias at all. This is another bad sign. If a service is a fraud, such as Acorn 2 Oak, they usually don\'t want to put as much effort and that\'s how they end up having no social media activity. Stay away from this fraud!

    managed Forex account service, financial industry, shady system, fraud, Acorn 2 Oak
    Scott Evans
    18.09. 2017 22:00  | 

    Latest trading system is the 1G Profit System. Financial industry operates with all kinds of assets - and the 1G Profit System offers you the feature to trade any of the known assets! Besides that, you\'re promised to earn $1,000 per day. However, this anonymous service seems too good to be real so we\'ll investigate it.

    Who stays behind 1G Profit System?

    As we\'ve already mentioned, this system is anonymous. Their website 1gprofitsystem.com didn\'t provide any information about the owner nor about the company that stands behind this offer. They just mentioned the name Adam Williams but we found out that he doesn\'t really exist - it\'s just some made up character.

    How 1G Profit System Works?

    This automated system uses some accurate trading algorithm that allows it to generate more than $30,000 per month for you. However, we just heard WHAT it does - we didn\'t hear HOW it\'s being done.

    Disturbing things found!

    In their promo video we could\'ve seen how the software turns $25 worth bet into $148.31 profit. Rest assured that this kind of a return is not possible! Financial industry will never experience such outcome, at least not for now.

    They are also claiming that their system operates with 99.8% accuracy. Don\'t ever think that any human or software will guarantee nor achieve that high accuracy.

    More alarming things!

    If you want to trade in the financial industry, you have to have a broker. However, 1G Profit System doesn\'t mention any brokers - this is too suspicious!

    1G Profit System Scam Review - Conclusion!

    Based on everything we found out during our investigation, we hope that you\'re now aware that the 1G Profit System is actually a fraud. Good luck and keep trading safe!

    trading system, financial industry, anonymous, fraud, Adam Williams, 1G Profit System
    Scott Evans
    14.09. 2017 16:20  | 

    Scgforex is another managed Forex account service that promises great earnings but fails to verify its claims. We\'ve already learned that hard evidence is the only thing that matters and that\'s something that Scgforex didn\'t provide to us. That\'s why we\'re immediately marking this service as a shady offer. Scg in Scgforex stands for Success Capital Group and that should be the name of the company that stands behind this service. Even their Facebook page is poor and doesn\'t have many followers.

    Success Capital Group overview

    We encountered two statements, one says that you need to invest at least $5,000 and the other one says that you need to invest at least $100,000 - the difference is large so they need to make things clearer. Also, if you don\'t want to opt for their recommended brokers, you have to invest $500,000.

    Generic website with generic content

    We do realize that marketing represents a key to success but manages sometimes push it too far. We found out that they used pictures from SwissQuot on their website scgforex.com/forex-managed-accounts. Fact like this one makes things a bit clearer.

    No phone support

    Even though they have \"Ltd\" in the name of their company, they didn\'t want to give us any contact info. Without any contact info, in case of a rip-off you wouldn\'t be able to sue them nor to contact them.

    Excessive fees and high draw down expectations

    30% of the profit you earn goes to them. This is quite high so we don\'t recommend messing with this service.

    No company history or background

    They are promising genuine service ran by who knows who, but they fail to prove who they are or how well they operate. Without track record we can\'t believe this shady offer. Because of everything we found out about this service, we\'re marking it as a scam.

    managed Forex account service, shady offer, scam, Scgforex
    Scott Evans
    14.09. 2017 16:18  | 

    There\'s a new trading service that we encountered and it\'s called Real Binary Options Robot. This anonymous service (we call it anonymous because they didn\'t tell us who stands behind it) promises to generate $8,000 per month for you and you\'ll be able to get 80% of the profit that you earn using this service.

    Real Binary Options Robot Review

    They are telling us that their system generates signals which are afterwards passed to us, the traders; however, they didn\'t tell us who exactly generates those signals. Besides that, they told us that they are operating for more than 6 years even though we found out that their website is only 2 years old.

    More evidence that Real Binary options Robot is an illegal business

    We found out that there\'s some connection between the Real Binary Options Robot and websites trade4me.com and trade4.me which both turned out to be a scam. This is the main reason we believe that this offer is a scam as well.

    How does it work?

    What we managed finding out is that users of this system are redirected to Binary.com and trade4.me and that\'s it. We have no idea why they are being redirected there nor which algorithm or formula is this system based on.

    Trade performance

    They provided a feature called \"Trade performance\" which we immediately checked out. Unfortunately, we found out that they either fabricated the data or simply used some made up indicators and showed us data that can\'t be verified.

    Evidence that this website uses stock photos to fool traders

    It didn\'t take us too long to find out that they actually used a stock photo in order to represent the \"owner\" of this offer.

    What else do you need to know?

    All they want from you is to invest $250 into their system and then they\'ll just run away. Don\'t fall for this scam!

    trading service, anonymous, scam, Real Binary Options Robot
    Scott Evans
    14.09. 2017 16:16  | 

    Phillip Capital is more than a managed Forex account service - it offers even more features. We\'ve already encountered a problem - if they didn\'t specialize for managing Forex accounts only, many investors will rather keep searching for someone who is specialized for what they need. Another problem is that we didn\'t find any testimonials on their website.

    Overview of Phillip Capital

    Phillip Capital offers you to invest in stocks and shares, Forex, gold, silver and many more - this is exactly what we\'ve been talking about; not specialized for anything, providing everything.

    Phillip Capital exorbitant fees and charges

    There\'s a huge 3% service fee for all capital injection and this is already a reason why many people will give up on this bogus system immediately. Besides this service fee, there\'s also an annual management fee reaching up to 1.5% of your portfolio. There are also various fees for any additional feature you\'re asking for, such as early withdrawal and things like that. There are also many bad sides regarding the trading itself - sometimes you won\'t be able to invest in some funds even though you should be able to.

    Reviews, ratings and complaints

    Reviews have the power to even ruin someone or to make it great. Bad reviews can sometimes be better than having no reviews and Phillip Capital has absolutely no reviews. However, we did find out about complaints that people launched towards this company. Rest assured that Phillip Capital is not a genuine service!

    Track record for performance

    No track record! This is ridiculous. Why would you go through all of this trouble just to promote a service that has never actually operated. There\'s not a single reason that would make us trust and invest into this fraud and we recommend you to stay away from it.

    managed Forex account service, bogus system, fraud, Phillip Capital
    Scott Evans
    14.09. 2017 16:14  | 

    Mentor Tips is a trading school launched by Reza Mokhtarian. Reason why this trading school is allegedly good is because Mr. Reza managed earning $25,000,000 with investing no more than $7,000. However, without hard evidence we can\'t trust this claim. We found out that the same guy launched a fraud before opening this trading school but that fraud didn\'t last for too long. This trading school is meant to teach you how to become a Forex trader.

    Review of MentorTips.com

    Basically, Mentor Tips represents a fraud which Reza used in order to trick people. He made a \"platform\" which didn\'t actually represent anything real. He took clients\' money and placed trades on his own. What we found out regarding this guy would frighten you enough to quit reading this review and never hear anything about Mentor Tips again. Reza has already tricked many people into trusting him and then he just escaped with all of their money; That\'s exactly how he\'s been described on sites such as Rip-report and Forex Peace Army. Trust the stories - be careful around this offer.

    How some guys revenged because their money had been stolen by this guy

    This guy got beaten up because some guys were mad at him for stealing their money. However, later on he said that these guys were actually one of his rivals and not his victims. People deciding to beat this guy - that\'s how far they were ready to go just because he tricked them.

    About Mentor Tips

    The price of this trading school is $97 per month. Unfortunately there are many people who have fallen for this fraud and there are plenty of people yet to fall for this fraud but that\'s the exact reason why we\'re making this review. Trade safe!

    trading school, Forex, fraud, Reza Mokhtarian, Mentor Tips
    Scott Evans
    14.09. 2017 16:12  | 

    Forex industry has received a new managed Forex account service which we decided to investigate and it\'s called iForex Manager.

    iForex Manager Review: Our honest opinion

    First thing first - their website doesn\'t look professional at all. Poor formatting and grammar is what helped us realize that we\'re not dealing with a serious company - moreover, we\'re dealing with a shady system. The minimum initial investment is \"as little\" as $30,000. Bunch of nonsense so far, but we\'ll continue investigating.

    iForex Manager and services which they claim to offer

    Besides managing Forex accounts, they are selling softwares for Forex training, Forex charting, IB relationships and Money management. This is not a small thing to let a software control it so you need to be extremely careful.

    Where do they run business out of?

    People can set minimum initial investments even to million dollars but only if they prove that they are capable of generating profits that will end up being worth invested a million in it.

    User ratings and reviews

    In most industries, it\'s all about reviews. Allegedly this system has been launched 10 years ago and they somehow didn\'t mention any of the \"satisfied\" users and \"millionaires\" that became what they are today thanks to the iForex Manager. Not even Google could help us find any reviews about this system.

    Return on Investment and Drawdown

    Whenever you see high numbers regarding the profit and monthly returns, be careful because we\'re almost 100% sure that you\'ve encountered a scam - just like we did when we encountered iForex Manager.

    About the company

    Their \"About us\" page is poor and it didn\'t give us any valuable information. Based on our thorough investigation we hope that you\'re now completely assured that iForex Manager is just a scam and not a genuine service that you should invest into. Trade safe!

    managed Forex account service, Forex, shady system, scam, iForex Manager
    Scott Evans
    14.09. 2017 16:10  | 

    Rest assured that Forex trading carries a certain amount of risk with itself - that\'s why anything related to Forex, such as Golden Ratio Asset Management, the managed Forex account service, shouldn\'t be treated as 100% safe option. They do have myfxbook results but they are showing that after reaching the highest point they started dropping low and they still didn\'t recover from that. Think twice before investing a bad service. They promised 20-35% monthly returns but that number is a bit too high.

    Golden Ratio Asset Management: a bad idea for investors who want long-term profits

    Based on their myfxbook results you should realize that investing into this service would be a terrible financial move. Don\'t mind their claims of having \"best traders\" in their team and stuff like that - the results are the only thing that should matter.

    The brokers who work with Golden Ratio Asset Management

    Another bad thing is that you\'re not able to use your own broker - you\'re forced to opt for one of their \"best\" brokers. First of all, nobody likes being forced to opt for something, and secondly, you have no idea who these brokers are - how are you supposed to know whether they have a license or not?

    The manager\'s fee: only charged when profit is made? Really?

    This claim is too ridiculous to even be further discussed. Just think about it and try to remember if anyone has ever offered such thing. We\'ll help you - the answer is no and rest assured that they won\'t do it either.

    Who runs this company?

    This is another reason why we\'re marking Golden Ratio Asset Management as a scam - we have no idea who stands behind this offer. We think that bunch of unrealistic claims and anonymity are enough evidence for you to realize that this scam should be avoided big time.

    managed Forex account service, Forex trading, scam, Golden Ratio Asset Management
    Scott Evans
    14.09. 2017 16:08  | 

    FX Traders is a managed forex account service which at first sight seems quite trustworthy but it actually isn\'t. Stick with us in order to realize why.

    FX Traders Review: what does this website offer and is it real?

    Their website offers Forex managed accounts to anyone who invests minimum of $10,000 - you\'ll agree that his is a bit too much, right? There are 3 types of accounts you can get - L1, L2 and Liquid Systematic Tailored; they all offer different features and different minimum required investment. All of this sounds good but we haven\'t seen any hard evidence that would convince us that their trading performance is real.

    The owner of FX Traders website

    Hamish Anderson is a person who allegedly stands behind this suspicious system, but that\'s just some information that we found out thanks to who.is and not via their website. Another thing we found out is that they might be operating in New Zealand and that\'s it.

    The products offered by FX Traders

    They are going for a ROI of 4-15% every month and they said that their performance fee is 30%. These numbers are quite unrealistic and unusual. Besides what we\'ve already mentioned, we don\'t really know what is their service actually based on and we have no idea how all of it actually works.

    Track record of trading performance

    We do realize that all managers will try to promote their service the best way they can, but making unbelievable claims isn\'t the right way to do it. On their website, there\'s a feature called \"Performance\" which turned out to be fabricated and based on sources that mean nothing to us. Without hard evidence, we can\'t trust this data.

    Customer feedback

    Not only that there is no feedback on their website but there is also no feedback anywhere online - almost as if this service didn\'t exist. Based on all of this we are now quite sure that FX Traders is basically a scam. Don\'t let fraudsters trick you!

    managed forex account service, suspicious system, scam, Hamish Anderson, FX Traders
    Scott Evans
    14.09. 2017 16:06  | 

    Forex Entourage is a trading platform located on forexentourage.net. Forex traders and investors should take their money seriously and that\'s why we hope that you\'ll check out our review before opting for such shady system.

    Overview of Forex Entourage

    This trading platform has allegedly been operating since 2016. Besides education, this platform offers features such as providing signals as well. Allegedly, their signals are 80% accurate and they cost between $170 and $301. You\'ll agree with us that the price isn\'t low.

    Forex Entourage: The truth that you will never know

    There are always things about others that not many people know - and that\'s exactly what we wanted to find out in order to realize what\'s Forex Entourage actually about. They even upload videos to YouTube but they have already received complaints. The main reason why people used to file complaints towards this system is because they were never able to achieve 80% accuracy. They also said that they were making 1500 pips every month but we don\'t believe that one either.

    The experience of trading a live account with an EA from this provider

    Besides complaints about unrealistic numbers, we found out that there were complaints about the actual trading. Namely, there was a claim in their promo video that said that you could earn up to $1,000,000 just by investing as little as $200. This is the story that caused many problems and that\'s what most people complained about - that is, as soon as they figured out that this was highly unrealistic.

    Word on their recently launched Pip Analyzer service

    Pip Analyzer was promising great earnings with almost no risk of losing but that one turned out to be a fraud as well. Rest assured that Pip Analyzer is no different from the Forex Entourage. Be careful since there are many frauds like this one out there!

    trading platform, Forex, shady system, Pip Analyzer, fraud, Forex Entourage
    Scott Evans
    14.09. 2017 16:04  | 

    Recently we\'ve encountered new automated trading platform that promises to turn you into a rich man within no time. This system resells various products and earning from it - acting like an affiliate. It\'s automated and free to use, and you\'re promised to earn $100 per day.

    Who stays behind Auto Money System?

    Allegedly, Samantha Horvath is the person standing behind this shady offer. Soon you\'ll realize why we\'re calling this a shady offer. First of all, her statements of being a rich woman are quite hard to believe without some hard evidence. Secondly, theautomoneysystem.com talks too much about earning money with this system but doesn\'t explain how it actually works and it doesn\'t give us any valuable information about the owner, Samantha Horvath.

    How Auto Money System Works?

    As we\'ve already mentioned, their website didn\'t tell us anything about this software. Besides claims that this software will generate loads of money for you, there\'s no information saying how this software actually works. None algorithm nor strategy is mentioned - so how are we supposed to trust something like that?

    Disturbing things found!

    One of the greatest problems is that they used fake testimonials as well as paid actors. It didn\'t take us too long to figure out that they hired actors via Fiverr.com.

    Besides fake identities, we\'ve encountered statements saying that this system works with 0% risk presence. This is absolutely impossible - you will never encounter a system with 0% risk presence, especially not in the financial industry.

    Auto Money System Scam Review - Conclusion!

    Based on everything we provided to you, we hope that you\'re now convinced that Auto Money System is nothing more than a lame scam; make sure to stay away from it!

    automated trading platform, financial industry, shady offer, scam, Samanta Horvath, Auto Money System
    Scott Evans
    14.09. 2017 16:02  | 

    Latest trading platform that operates with binary options is the 5Binary system. This system is automated meaning that it will place trades on your behalf. It\'s not too complex and even newbies can use it. Initial investment of $250 is required in order to start trading, and that\'s it.

    Who stays behind 5Binary?

    We\'ll have to disappoint you - we have no idea who stands behind this offer. We\'ve run through their website 5binary.com but we soon realized that they didn\'t give the information about the owner. Firstly we realized that they didn\'t leave any contact info but we thought - okay so they don\'t want to be contacted, but we still wanted to find out more about the owner of this system. However, this anonymous service remained anonymous.

    How 5Binary Works?

    All we know is that their robot generates signals and then places trades on its own. Also we\'d like to point out that at the same time, they said that the software is free but they also said that you need to invest $250 in order to start trading. On top of everything, we still have no idea who is the owner of this offer nor how this system is supposed to work - they didn\'t explain any strategies nor formulas which their system is based on.

    Disturbing things found!

    We want to remind you that generating signals is considered as giving financial advice and you need to own a license in order for that activity to be legal. However, we have no idea whether they have that kind of license or not.

    5Binary Scam Review - Conclusion!

    Unfortunately, even if this system was genuine (which it isn\'t), we wouldn\'t have known that because everything is so anonymous and people tend to not trust anything that they don\'t know details about. That\'s why we\'re marking this offer as a fraud and hoping that you won\'t get ripped off by this lame system.

    trading platform, binary options, anonymous service, fraud, 5Binary
    Scott Evans
    13.09. 2017 00:00  | 

    Will you appreciate a place to safeguard your assets where governments and central banks have no control over it regardless of occasional awkward market trends and scams or bailouts or inflations? Can we conveniently make investments without the worry that we could go bankrupt someday as a result of the fall of the financial control center?

    It was created by the anonymous Satoshi Nakamoto, an unknown programmer, as the very first type of digital currency nearly a decade ago and as the first decentralized currency, it has gained much popularity in the crypto market.

    During the publishing of the white paper, Satoshi Nakamoto said “we propose a solution to double spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as a proof of the sequence of the events witnessed but proves that it came from the largest pool of CPU power. As long as a majority of CPU powers is controlled by nodes that are not cooperating to attack the network, they will generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcasted on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone”.

    It is a peer-to-peer system that was released as open source software, and with it, transactions do not need a third party or an intermediary for validation. All transactions with bitcoins are recorded on the public digital ledger known as the Blockchain Network.

    Gradually Bitcoin is fast becoming more and more grounded as an acceptable currency or means of payment all over the world. People are losing faith in banks and the traditional paper currency it circulates. Notable investment companies and financial organizations are exploring this idea and have already started to buy up Bitcoins.

    The media is talking about it more than ever and with each passing day; more governments are legalizing it and accepting it as a means of exchange and payments, even implementing it in other fields of financial operations. As more people are putting faith in bitcoin, the value is increasing and it is making this digital currency more sought after in the business world today.


    1. High level of Security- Bitcoins’ ownership address can only be changed by the owner. No one can steal Bitcoins unless they have physical access to a user’s computer, and they send the bitcoins to their account. Unlike conventional currency systems, where only a few authentication details are required to gain access to finances, this system requires physical access, which makes it much harder to steal.
    2. No Charge Back Risks- Once Bitcoins are sent, the transaction cannot be reversed. Since the ownership address of Bitcoins will be changed to the new owner, once it is changed, it is impossible to revert. Since only the new owner has the associated private key, only he/she can change ownership of the coins. This ensures that there is no risk involved when receiving Bitcoins.
    3. Very Low Transaction Fees- Sending and receiving Bitcoins requires users to keep the Bitcoin client running and connected to other nodes. Essentially, by using Bitcoins users will be contributing to the network and thus share the burden of authorizing transactions. Sharing this work greatly reduces transaction costs, and thus makes transaction costs negligible.


    1. High volatility- The price of Bitcoin has a high volatility. Although the cryptocurrency has an uptrend, it\'s still risky. Good currencies have low volatility, as owning unstable currency or accepting it as a form of payment becomes too risky.
    2. Government regulations- If the government decides to declare owning Bitcoin illegal, you may find yourself in trouble. Currently, the government stance on cryptocurrencies is not clear.
    3. Competition- Other cryptocurrencies could send Bitcoin into history. Offering faster transactions, complete anonymity, storage space and other improvements could lead to lower market share for Bitcoin.
    4. Security of services/products- In order to use Bitcoin, you need wallets, exchanges, payment processes, etc. Not all of these services have perfect security.

    Where/How to buy it

    Since Bitcoin is the first decentralized currency ever, it translates to be the easiest to buy. The first step is to get a digital wallet and then buy Bitcoins to store on them.

    In some developed lands, there are Bitcoin ATMs in strategic locations where you can easily purchase Bitcoins. Another way to buy is to use an online exchange to purchase it. With these exchanges, you can pay directly with your credit card.

    Trading with Bitcoin

    Many online stores now accept Bitcoin as a means of payment. For the few ones that do not accept it, relax, there is always a way around it. There are websites that can be used to buy anything over the internet from any retailer whatsoever, even if they do not accept bitcoins.

    Anytime you want to make a purchase online, always make it a point of duty to check and confirm that they accept Bitcoin as a means of payment. You will be surprised to see how easy your online transactions will become. Trading in Bitcoin (buying and selling Bitcoin) is fun and simple, not only will it benefit you but also add to the stability of the digital currency.

    Storing Bitcoins

    This Bitcoin paper wallet is also called “cold storage” and it is the most secure of the four types of Bitcoin wallets because it lets you store your Bitcoin in any desired form of offline storage, independent of a computer, and that means hackers have no chance of reaching your funds and they can’t steal your money.

    bitcoin, btc, bitcoin advantages, how to buy bitcoin, how to store bitcoin, volatility, disadvantages, cold storage
    Scott Evans
    13.09. 2017 00:00  | 

    Some have likened Bitshares to an onion that has different layers, that is it BitShares is so many things to different people and there are a thousand different ways of understanding what BitShares is. It was founded by Mr. Larimer Daniel, a visionary computer programmer. So, how is Bitshares like an onion? An answer to this question will give you the entire gist you need about Bitshares.

    In terms of Software, Bitshares is one. BitShares is a distributed multi-user database with update permissions managed by a defined set of rules and public key cryptography. And it is also interesting to note that this Software, Bitshares, is in the public domain.

    The Bitshares software is used to launch decentralized Autonomous Companies Decentralized Autonomous Companies (DAC), coined by Daniel Larimer. These automatic companies issue shares, generate income and distribute it among shareholders. No need to trust anyone this work, everything is programmed in the software.

    In terms of being a Network, Bitshares is one.  A network of computers owned by individuals all over the world run the BitShares software and keep their databases synchronized according to the rules defined by the software. The BitShares network can survive as long as there are at least two computers that can communicate with each other over the internet.

    Every single computer on Bitshares’ network maintains a full copy of the database which means no one can change the public record. This immutable public record becomes the foundation of higher layers.

    Bitshares is also a public digital ledger, which means that all records are made public and cannot be altered by any centralized body. That is an important factor to consider when analyzing the accountability of digital currencies.

    In terms of the company, Bitshares is one. BitShares creates companies in which people want to own shares and make a profit. Already, you can trade different tokens on the OpenLedgerDecentralized Exchange running on this platform.

    And in terms of currency, Yes Bitshares is also one. In the case of BitShares, there are many different assets that can be used as money including BTS, BitUSD, BitGold, and BitSilver. All of these assets have the property of being fungible, divisible, transportable, and impossible to counterfeit.

    And it is worth mentioning that Bitshares has an amazing community.  Each and every person that joins the BitShares community adds value to the ledger and gains value from the fellow community members. All things start small with just a few people. Over the past year and a half, BitShares has grown from an idea to a global community with thousands of people.


    1. It has one of the most secure wallets of all the over 900 known digital currency.
    2. It has more than one features and functions.
    3. Has one of the best transaction speeds.
    4. Its network is much secured.
    5. Low transaction fees.
    6. Can process a number of transactions all at the same time.


    1. In its former form, BitshareX, there were technological and economic disadvantages, but it is been corrected as this is an active and ongoing project.
    2. The software needs to be built for users with some advanced technological makeup.
    3. A backup is always necessary to secure your funds.

    Where/How to buy it

    Currently, Bter, BTC38, and Poloniex are the main exchanges where you can purchase it. The assets (BitUSD, BitGLD, etc.) are being introduced within days or weeks (currently, being bug-tested). The Poloniex exchange offers their users the feature to easily register a new account from within the exchange, while the others require a registered account to withdraw funds.

    Trading with Bitshares

    Bitshares is one of the most unique and innovative of the Bitcoin 2.0 projects seeking to use blockchain technology for more than just creating a digital currency. It is a ‘Decentralized Autonomous Corporation’ whose owners (anyone who owns any Bitshares, the system’s native cryptocurrency) elect a board of 101 ‘delegates’, who serve as the company’s board of directors.

    At its heart is the Bitshares decentralized exchange, which can be used for trading various assets, including assets which track the value of ‘real world’ currencies, commodities like Gold, or a digital currency like Bitcoin, without the need to trust your wealth to a central bank or exchange. Like any financial market, there are plenty of opportunities on the Bitshares decentralized exchange for traders to make themselves a profit, or a loss, depending on their performance.

    Bitshares has its own Exchange and the main feature of the Bitshares exchange is something called ‘BitAssets’. These are market pegged digital assets whose value is tied to that of a specific asset outside of Bitshares. To put it more simply: 1 BitUSD is designed to always be worth 1 USD, 1 BitEuro is designed to always be worth 1 Euro, and so on.

    This works for commodities, such as gold or oil, just as well as it works for currencies like the USD or Euro or a new digital currency like Bitcoin. You can view the full list of available assets from your Bitshares wallet.

    Storing Bitshares

    The best type of wallet for storing Bitshares is the paper wallet also called cold storage. Since it is offline storage, it gives you the opportunity to write down your details and keep on your own. You are in control of your money.

    bitshares, bts, bitgold, bitsilver, bitusd, advantages, how to buy bitshares, trading bitshares, BTC38, bitshares exchange, storing bts
    Scott Evans
    13.09. 2017 00:00  | 

    Even though the name sounds so much like the popular digital currency, Bitcoin, don’t be fooled by that as there is so much more. It is an open source digital currency that offers a very high level of anonymity, a feature that has made so many cryptocurrencies gains much popularity.

    Bytecoin is a digital currency that allows for a safe and secure transaction, and it is meant to be used all over the globe. One thing that sets it apart from the rest is the convenience of use it affords users and the instant, zero-fee charges on transactions. This means that sending money, receiving money will all happen almost immediately and without any extra charge.

    It is based on the proof-of-work algorithm and has a block time of about 2 minutes or 120 seconds.

    Another important feature that has boosted its worldwide acceptability is because this digital currency’s algorithm will not allow anyone other than you to know your wallet balance, another facet of secure transaction and anonymity. It means that if you have clients and customers who want to send money to you or receive money from cannot check your wallet balance.

    So, how can you join the Bytecoin network? All you have to do is allocate your computer some computing power and you can automatically take part in its development and its operation. Because of this special attribute, all the transactions that are processed on the Bytecoin network is decentralized, and that means a person using the network will be both a user and a participant all at the same time.

    Anyone, from any walk of life, can become a user of this currency as long as the person is willing to join the network and voluntarily take part in the operations of the network. To do this, just download special software that is specifically made to download a Bytecoin wallet for you. When you have this software, you will be equipped to send money to other users as well as receive payments from them.

    In addition to that, there are two ways to obtain Bytecoins. You can take part in network maintenance and get a reward for it, or buy BCN directly on online exchanges that are meant for that purpose.

    Traditional money transactions between two or more people are carried out through an intermediary, a bank or financial institution. This way, transaction reliability is guaranteed by an agent who conducts the transaction.

    But with this digital currency, transactions between users are carried out through the Internet. Transaction privacy is protected by secure cryptographic algorithms whereby no one can identify who sent the money, who the receiver was, and what amount of money was transferred.

    Bytecoin transactions processing is done by the whole network of users. Yet no participant has access to the transaction details. All transfers are fully anonymous.The transactions processing requires a considerable amount of computational resources. Those users who joined the network may allocate the time of their computers for transaction processing. As a reward they receive BCN. That is the simple way to mine this digital currency.


    1. A high level of anonymity.
    2. Transactions are both transparent and untraceable.
    3. A strong Network security.
    4. It is one of the easiest digital currency to mine.
    5. It is based on Cryptonote technology.
    6. Guarantees a free instant international payment.


    1. Over eighty percent of this currency was pre-mined before its eventual release.
    2. Poor distribution as most coins was mined by the web community.
    3. Doesn’t have a stable working miner.
    4. Compared to other common digital currencies, its worldwide acceptance is a little below par.

    Where/How to buy it

    There are over ten online exchange service providers that are always ready to accept Bitcoins for Bytecoins. That simply means the best way to buy Bytecoins is to purchase Bitcoins first and deposit if in an exchange in exchange for Bytecoins. HitBTC, Poloniex, Changelly.com, and Changer.com are just some of the exchanges you can use for this purpose.

    They are instant, and within minutes, your payments will be confirmed and your Bytecoins will be credited to your account. Just remember not to leave your Bytecoin with an exchange. Withdraw straight to your wallet.

    Another way through which you can own this digital currency is to mine it. You can decide to mine it solo, or join a mining pool

    Trading with Bytecoin

    Bytecoin is oriented towards fair and open business. Bytecoin network offers fraud protection which makes automatic chargeback impossible. Once a deal is closed and payment is done no transfer can be returned automatically. The payment can be refunded only through the free will of the parties involved.

    Since the data is well secured, you can easily and freely pay for goods and services with it. Since most merchants do not accept it as of now, you can also proceed to visit an online exchange trading platform where you can use your Bytecoins to pay for things.

    Storing Bytecoins

    The best wallet for this digital currency is the paper wallet for long term storage of your Bytecoin funds.

    When it comes to Short term storage, it is recommended to use a software wallet. Remember, with software wallets, you need to encrypt your data, and have it password protected.

    zero fee cryptocurrency, no fees bytecoin, decentralized currency, bytecoins, anonymous payments, international transfers, buying bytecoin, hitbtc, poloniex, changelly, paper wallet for cryptocurrencies
    Scott Evans
    13.09. 2017 00:00  | 

    This open-source peer-to-peer digital currency was formerly known as Xcoin (it\'s released name) and after just a month of creation the name was changed to Darkcoin, but now known with the General name ‘Dash’. It was created by Evan Duffield, a computer programmer, and Kyle Hagen a longtime admirer of Digital currency some three years ago, but has since gained much popularity.

    It has some major innovations, some of which are aimed at increasing the level of anonymity and others aimed at improving the whole functionality. Dash enables all the important features of Bitcoin, the most common cryptocurrency, but also adds more. It can also do what Bitcoin cannot do, like Private transactions, Instant transactions, and Decentralized governance. The latter of which has placed Dash as the first Decentralized autonomous organization.

    The Team that worked together to create it has since grown, and this digital currency has been observed to proffer solutions to current problems facing the cryptocurrency world like slow confirmation time, increases in block sizes, decentralized governance among others.

    This digital currency makes use of two steps in its core architecture and with this powers its whole network. Step one comprises the Miners; whose function is to secure the network and write transactions into its blockchain. Without them, the whole system will be completely useless. The second step comprises the Masternodes or master user-computers. They work to enable some more advanced feature of the digital currency.

    Together the above mentioned two steps have been pivotal in taking the cryptocurrency from its scratch to the height that we now see today.

    It is true, compared to other notable digital currencies, Dash is not yet accepted as much by retailers, but a good number of independent businesses will readily accept it. This is because in terms of value-per-coin, it has one of the highest in the current market, and that is a great boost in forecasting the future of this digital currency.


    1. A lot of online stores and independent retailers accept it as a means of transactions and the list is ever-growing on a daily basis.
    2. It is poised to keep up with the pace of the evolution among digital currencies. This is because of its two step architecture that powers the system.
    3. It guarantees increased anonymity than other well-known cryptocurrencies. When it comes to the security of personal information and details, Dash is one of the best.
    4. Very low transaction fees and this will attract more investors.
    5. Its use of a Master node to improve its functionality will ensure that your money will not be swindled or embezzled.
    6. Increased transaction speed as deals is completed almost immediately.


    1. It is new to the market (barely four years), and so many people have yet to put faith in it as a secure means of payment. But it is expected that as more people embrace the innovation, this is expected to change soon.
    2. Presently, there is no official method of purchasing this digital currency directly.

    Where/How to buy it

    The very first step to buying Dash as a digital currency is to set up a Dash wallet. We will talk more about the best type of wallet you can get and for different purposes.

    The next step is where you buy the currency, but let me quickly inform you that the process of buying this currency can be somewhat tricky, especially if you are a newbie. One way is if you already own Bitcoin, you can simply trade it for Dash on appropriate exchange websites.

    Please try and confirm the reputation of a particular exchange site before using them. You can take a moment and read the review of past users to help you confirm this.

    Another way to purchase Dash is by normal wire transfer. In some developed countries, there are Dash ATMs. In countries like U.S.A, Canada, Brazil or Poland, you can walk into local banks and simply deposit cash for Dash at near spot prices. This service is known as WallofCoins.

    The final step is the part where you need to move your Dash currency to your wallet. Again, it is important not to leave your Dash coins with an exchange because it can be lost or stolen. As soon as the Dash coins reach your wallet, you are now the proud owner

    Trading with Dash

    Remember that it wasn’t easy for you to acquire the Dash coins in your wallet, so the best thing to do is to be careful with the way you plan to spend them. Before trying to trade (either buy or sell or exchange for goods and services), first observe the market trends. When the prices are up, that is the best time to sell so as to make a profit. Conversely, when the prices are low, you should also know that you can buy more (with discretion though), and keep till you can sell at a profitable cost.

    There are good online exchanges where you can sign up and start trading your Dash coins; one of them is Avatrade. There are many others you can find out by doing a simple google search.

    Storing Dash

    If you plan on storing Dash currency for short-term purposes, what type of wallet will be the most suitable? Simply choose a web wallet. This is a mobile app that allows you to do all sorts of transactions on your mobile phone.

    But what if you are planning on storing it long-term? It is best to go for a Hardware wallet. This is the kind of wallet that gives you total control of your savings. The private Keys is sorely yours and if you do not lose it, it will remain there for as long as you want without any fears of losing it.

    dash, dashpay, darkcoin, xcoin, bitcoin clone, bitcoin fork, masternode, dash master node, buying dash, dshusd, dshbtc, dash cold wallet
    Scott Evans
    13.09. 2017 00:00  | 

    Dogecoin, as it is called, is one of the fastest rising digital currencies in the present cryptocurrency market. It is an open source peer-to-peer cryptocurrency and was introduced some nine years ago as some sort of a ‘joke currency’, but quickly rose to fame and now has its own online community. It has DOGE as its code name or nickname.

    It was created by Billy Markus, a computer programmer from Portland in Oregon, U.S.A. He initially wanted to play around his profession by creating a fun digital currency that will rival, and eventually surpass the common Bitcoin in quantity. Together with Jackson Palmer, who works for Adobe systems in Sydney, Australia made some giant strides and finally announced that Dogecoin network will continue to produce indefinite Dogecoin currencies.

    Officially, the creation of Dogecoin has been credited to Jackson Palmer, and she eventually announced “leave of absence” from the Dogecoin community later on.

    It was patterned after the Bitcoin in that it uses a public key cryptography, which allows a user to generate both a public and a private cryptographic key as a pair. The user can then give out his or her public key without any fear of a cyber-jeopardy as only the private key is needed to gain any access to the already encrypted information. The public key act as the address to which he or she can communicate in terms of Dogecoin to other users or nodes, while the private key, accessible by only the user is like the PIN that validates transactions.

    Although initially, the Dogecoin network was a victim of a cyber-attack when millions of coins were stolen during the network’s hacking, it has long recovered, and it will interest you to know that in terms of trading volume, Dogecoin has leapfrogged many other notable digital currencies in the current market.

    When analyzed in comparison with other digital currencies, its production is almost the highest with over a hundred Billion of it been already mined, and it is estimated that every year, over five Billion will be mined. There are many members of the Dogecoin community and many other members of some other digital currencies are joining its community.


    1. It is one of the highly secured digital currencies available in the cryptocurrency market as it functions based on the proof-of-work scheme.
    2. It is a script- based digital currency, which means that it allows for a kind of a ‘merged mining’ along with some other compatible digital currencies. This translates to be energy efficient (can verify transactions on multiple kinds of cryptocurrency networks at the same time), and more financial reward.
    3. Faster time to complete a block (faster confirmation time) which can speed up transactions.
    4. It is one of the easiest digital currencies to mine, and the Dogecoin community (a devoted community) is one of the best as new members are joining every hour.
    5. Has a lower transaction fee.
    6. Suitable for smaller transactions.


    1. Its current value is lower compared to other notable digital currencies.
    2. It is relatively new to the game and as such many are a bit skeptical about putting faith in it because they feel it might be unstable.
    3. The overall network security is not as stronger as that of other popular digital currencies.
    4. Fewer vendors and retailers accept Dogecoin for now.

    Where/How to buy it

    There are basically two ways of buying Dogecoins, through a Dogecoin faucet and through a direct purchase of the digital currency. Obtaining Dogecoin for free is possible through the first method; all you will need to do is simply enter your Dogecoin address and then proceed to solve a captcha. That’s all, as this can give you between one and five Dogecoins for free.

    The second method is buying from an online exchange, where you can use your credit card to buy it. One example of an online exchange is WeSellDoges. All you just need to do to buy from such online exchange is supply your email address and complete simple email address verification.

    But in some other cases where a user wants to buy Dogecoins in very large quantity, they need to first buy Bitcoin, and then proceed to swap the Bitcoins for Dogecoins at an appropriate online exchange that can help with the swapping.

    Trading with Dogecoin

    It is a very good idea if you first take a careful look at the statistics, the market structures, and the fundamental technology behind the digital currency before investing in it. Currently, its value is not as much as other contemporaries but if you are waiting for the price to go up, you may never make money from it.

    After confirming that you have a Dogecoin wallet, the next step is to search for a Dogecoin trading exchange. One example is Coinbase which is very reputable as you will be sure you are not been duped.

    After you have Dogecoin in your wallet, Search for an exchange house online where you can buy and sell your coins or swap them for other things you may need. Please be careful when choosing an exchange house.

    Storing Dogecoin

    Create a mobile or web wallet and please, make sure to encrypt it so as to safeguard your coins. Create a password and make sure you back up your details in case of a computer crash.

    dogecoin, doge, meme, cryptocurrency, low transaction fees, dogecoin faucet, trading doge, web wallet, get dogecoin, test crypto trading, token coin
    Scott Evans
    13.09. 2017 00:00  | 

    I know you might probably be confused because there is a digital currency with the known as Ethereum, and now another- Ethereum classic? Why do they share a common name? Are they really different from each other? Well, let’s see.

    Ethereum Classic is a digital currency that is open-source or public distributed computing platform that runs on the ‘Smart Contract’ functionality. It is also worth mentioning that it is blockchain based- based on the public digital ledger.

    It wasn’t created until just two years ago and its development is still active. To help understand why it shared a common name with another digital currency, the following brief history will aid your knowledge.

    When Ethereum (another cryptocurrency) was created, there was a little disagreement about the DAO (decentralized autonomous organization) hard fork, which is aimed at providing investor-directed venture capital fund. Some members of the new Ethereum community agreed with the Ethereum foundation on this while others disagreed.

    The members who disagreed outrightly rejected the forking method on purely philosophical grounds. And since users already were in possession of ETH before the fork, they still had that same amount after the fork. That was how a new digital currency, the Ethereum Classic was born after going through and passing some technical examinations. They argued that the blockchain will always remain unchanged so they opted for using the unforked version of Ethereum and that is what we have today as Ethereum classic.

    This digital currency also enables the execution of scripts using an international network of user-computer called nodes. This is due to its use of the Ethereum Virtual Machine (EVM).

    It works to provide a value token known as ‘classic ether’, which is transferable from one participant to another and can be stored in a digital wallet. The ‘classic ether’ is also used to reward participants nodes for solving mathematical problems as a means of mining the digital currency.

    The internal transaction pricing mechanism in its blockchain network is called the GAS, and it has many functions including preventing spam on the network as well as awarding new coins based on requests.


    1. Provides the benefit of immutability- the blockchain will always remain the same. This is a guarantee that it will always stay in business without any outside manipulation.
    2. The Ethereum classic blockchain also is resistant to miner consensus
    3. The Transaction fees are considerably low and that is a factor that will attract investors globally.


    1. Ethereum came before this, so many people have already chosen Ethereum as the winning fork.
    2. There are fears of network security due to its minuscule hash rate.
    3. There is no active user base presently.
    4. There is no active foundation to fund or coordinate its blockchain.
    5. Trading is considered by some as dangerous and there are fears that the network will crash soon.

    Where/How to buy it

    Method 1- Buy a very common cryptocurrency like Bitcoin, Litscoin or even Ethereum. Then you go to an exchange website like Changelly Exchange or any other and swap it for Ethereum classic currency (ETH) by giving them your popular coin. This is the easiest and safest way to acquire it.

    Method 2- You can purchase it directly from an Etherum classic miner with your fiat currency.

    Method 3- You can also buy it from a trading platform. There are those who already have Ethereum classic and are willing to sell them as a means of trade.

    The above-mentioned methods will only be viable if you already have an ETH wallet ready. Then also remember to transfer your coins to your wallet, which is when you can confidently say they are yours.

    Trading with it

    Although it is quite new in the market, a number of people and quite a handful of online exchanges questioned its validity, all has changed since the biggest online Ethereum exchange added it to their market.

    So carefully search out reputable exchange website, register on the site, fund your account and proceed to trade on them. Other reputable exchange includes Coinone, Bitfinex, Kraken, Yobit and so on.

    Storing Ethereum Classic

    The truth is that there are a few different options Ethereum Classic users can choose from; although, some are better than others. It all boils down to personal preference and choice between software or hardware options.

    For short-term storage of ETH, it is best to operate a software wallet like the mobile or web wallet. This type of wallet is also good for storing very small amount of ETH value.

    But for long term storage and storing a large amount of ETH value, please kindly consider using hardware wallet as it will ensure your income remains intact and without any anxiety of default forfeit.

    ethereum classic, original ethereum, ETH ETC, ethereum classic difference, DAO, hard fork, ethereum hack, ETC user base, original blockchain, software wallet, hardware wallet
    Scott Evans
    13.09. 2017 00:00  | 

    The Ethereum blockchain’s focus is on running the codes necessary for programming any decentralized application. In the Ethereum blockchain, miners do not mine for Ethereum coins; rather they work to earn “Ether”, which is a crypto token that powers the network. It goes one step beyond a cryptocurrency that can only be used to trade by also being used by application developers to pay for the transaction fees incurred and other services in the Ethereum network.

    All blockchains have the ability to process codes, not all can do it extensively. But the Ethereum stands out in that in that it is not limited to just some operations like other blockchains, it goes further by enabling developers to create any kind of operations they so ever desire. Developers can use Ethereum to create thousands of other different supplications that go way beyond anything we have seen before.

    Ethereum also has one important feature associated with digital currencies, the smart contract. What is a smart contract? A contract that is smart, is that what you are thinking? Well, the smart contract is just a phrase used in describing computer codes that can facilitate the exchange of money, property, shares, contents and virtually anything that has value. In a blockchain network, the smart contract is a computer program that self-operates when certain conditions are met. The smart contracts run as exactly as they are programmed without any possibility of expurgation, downtime, and fraud or a third party interference. “Ethereum blockchain has some extraordinary capabilities. One of them is that you can build smart contracts. It’s kind of what it sounds like. It’s a contract that self-executes and the contract handle the enforcement, the management, performance, and payment”

    Some have termed Ethereum “the next internet”. When viewed similarly, “the blockchain”, or the public, permissionless blockchain protocols could be seen as a more primitive version of what could become a mature “Internet of Value”. Such a public utility could one day provide a similarly layered architecture to expand the Internet of Information or the Internet as we know it today, to deliver all manner of financial and non-financial transactional services.

    If the Internet decentralized access to information, thereby increasing access to communication tools, the vision for the blockchain is that it would decentralize, and reduce barriers to establishing trust and transacting in the digital world.

    Creator and inventor Vitalik Buterin wrote: “Bitcoin was designed to be a [Simple Mail Transfer Protocol] SMTP. It’s a protocol that is very good at one particular task. It is good for transferring money, but it was not designed as a foundational layer for any kind of protocols to be built on top.” In remarks, Buterin spoke of the need for a technology that was more expansive, and that replicated the functionality of Turing-complete programming languages in a way that would be so powerful as to describe any blockchain application that could possibly be built. He later added that: “Ethereum does not have features; it just has a programming language.”


    1. It is multifunctional (as a means of payment and as a programming language).
    2. Secured Network as it utilizes encryption.
    3. It is transparent as transactions are recorded on the public digital ledger.
    4. It uses the proof-of-stake functionality.
    5. Can save you much time, money and efforts by the simultaneous syncing of your systems to the blockchain network.


    1. Currently facing its biggest challenge yet: Scalability.
    2. Since it is new to the game, it is just working up its popularity in the crypto market.
    3. Using the currency requires ‘Gas’ to complete transactions. It means that when you use your token for any transaction, instead of enriching your own network, it enriches the Ethereum network.

    here/How to buy it

    It is like all other digital currency in that you must buy it through an online exchange. Some of the online exchanges you can use are Kraken, Gemini or Bitstamp. They are reputable exchanges with an impeccable track record.

    So when you have made your choice of an exchange, you must create your own account. You might be asked to verify the account. When that is done, you will have to deposit fiat currency to acquire ETH coins and then proceed to withdraw the Eth into your Ethereum wallet.

    Trading with Ethereum

    This process will also require you to make use of an online trading platform or exchange. You can search for some by yourself through a normal internet search. But the exchange you decide to choose will be determined by where you live, personal preference or government laws.

    Some, if not all exchanges will allow you to purchase Ether directly as opposed to some other digital currencies that will require you to first buy Bitcoin and then let you swap them for Ethers.

    When you have successfully cited an exchange, register and fund your account with fiat currency and you can then proceed to pay for goods and services with the Ether tokens you have acquired.

    Storing Ethereum

    With Ethereum, there are basically two safest ways of storing the Ethers: paper wallets or hardware wallets.

    Paper wallets are also called cold-storage and they are good for short-term transactions but are not really ideal for long-term storage. With paper wallets, you do not have to worry about computer failures.

    With hardware wallets, it is very hard to fall victim to hacking and that is why many people choose it for long-term storage of digital currencies.

    ethereum blockchain, smart contracts, ETH vs BTC, ethereum bitcoin difference, decentralized contracts, programming language payments, proof of stake, trading ETH, storing ethereum, geth, ropsten, smart contracts programming
    Scott Evans
    13.09. 2017 00:00  | 

    You probably think it was made in China or the developer is named China, right? No. It was not created in China. It is based on the same framework as with the Litecoin. It uses the script key derivation function, the proof-of-work scheme, which is password based. It is generated in 60 seconds block, with 88 coins per block, very attractive block reward for potential miners.

    Some have argued that ChinaCoin (CNC) is just another clone of Litecoin, but the truth is that it isn’t so. This digital currency boasts some other amazing characteristics that even Litecoin cannot boast of, and this new characteristic is well appreciated in various trading communities.

    Another good thing about this digital currency is that potential miners have the option of either mining it single-handedly or joining a mining pool. Now let us briefly talk about the two options and the benefits it offers.

    If your choice is to mine CNC solo, you will not have to worry too much about the profits. This is because CNC uses script algorithm for mining new coins. That being said, you will not need to use very expensive and extremely capable mining hardware to mine them. Remember that it was based on the Litecoin, so you are automatically assured that you can use the common consumer-grade CPUs and GPUs for the mining of new CNC.

    What if your choice is to join some mining pool in other to earn new CNC coins? You will be guaranteed that even though the earning may be small compared to mining this digital currency solo, the amount of CNC coins mined will always remain constant as long as the mining pool keep solving new blocks.

    The Cryptocurrency also has a CNC Coin calculator for miners with which they can compute their earnings. You can decide to compute your expected earnings hourly, daily, weekly, monthly or even yearly.

    But how is it possible to compute ‘expected’ earning when you have not started mining proper? The clue lies in observing details like the mining difficulty, exchange rate, power costs, hash rate, block rewards, hardware costs and likely pool fees. These will give you an idea of how much you can earn from mining CNC coins within a time frame.


    1. The Freedom it guarantees to prospective miners is one of the best in the cryptocurrency world.
    2. More and more commercial Banks are already looking into utilizing its amazing functions to better their transaction procedures.
    3. It has a high level of anonymity, a very important feature of a digital currency.
    4. Improved level of Network security.
    5. It is a public-sourced digital currency, hence all transactions are transparent.


    1. Since mining CNC coins are easier when mining with a mining pool, some mining pools are known to charge high fees for membership.
    2. It is not too popular as some are not readily accepting it as a means of transaction.
    3. Some governments have actually limited people’s use by banning the use in some countries (developing countries mostly).

    Where/How to buy it

    Apart from mining this currency as a way to own it, you can also buy it from potential sellers or from an exchange website.

    The easiest way to buy ChinaCoin is by first purchasing a very common digital currency, like the Litecoin, and then looking for a suitable exchange website where you can exchange it for CNC coins. This method adds no stress whatsoever to it and you are almost guaranteed you will get what you paid for.

    Another way is by making a direct purchase of the coin. You can either use your credit card or other money payment agencies like Paypal, Payoneer or even use a direct bank transfer.

    Another way is to go to any trading platform and search for those who are ready to totally trade it out and buy it from them. One advantage of this is that you might end up buying them for less, since most sellers on this platform are looking to cash in on the coins, and they are always desperate.

    All these are said with the knowledge that you already have a CNCCoin wallet where you will keep them after acquiring them.

    Trading with CNCCoins

    In some developed countries, CNCCoins are readily accepted at almost every retail outlets or online stores. So you can actually do some transactions with it buy using CNCCoins as a means of payment for goods and services, either online or offline.

    You can also search for some trading platforms like Avatrade, which generally allows you to do business with various kinds of digital currency. If you carefully observe market trends well and know the best time to sell, you are sure to make enough profits.

    Storing CNCCoins

    This best way to store CNCCoins is using a paper wallet which is also called “cold storage”, and it is the most secure for this digital currency because it lets you store your CNCCoins in any desired form of offline storage, independent of a computer, and that means hackers have no chance of reaching your funds and they can’t steal your money.

    Another advantage of the paper wallet is that computer viruses cannot tamper with your documents whenever you desire. Only you can access it as it is like your own bank vault. The only way of losing your CNCCoins is if you lose the safe, forget where you kept it or in cases of a natural disaster, maybe fire or flood.

    chinacoin, litecoin alternative, proof of work, CNC, mining cryptocurrencies, cnccoins, chinese currencies
    Scott Evans
    13.09. 2017 00:00  | 

    IOTA is an open-source distributed ledger protocol launched about two years ago and it goes \'beyond blockchain\' through its core invention of the blockless Tangle. The IOTA Tangle is a quantum-resistant Directed Acyclic Graph (DAG), whose digital currency \'iota\' has a fixed money supply with zero inflationary cost.

    It was created by David Sřnstebř as the founder and has Dominik Schiener, Sergey Ivancheglo, Prof. Serguei Popov as Co-Founders. Since it is no Blockchain, here are the things that make it different from other cryptocurrencies:

    • IOTA has no mining, no blocks, and no difficulty
    • IOTA has no transaction fees
    • IOTA scales almost infinitely, unlike Blockchains
    • IOTA is not solely made as a currency but as an interoperability protocol that solves the problems of the Internet of things
    • IOTA wants to enable the machine economy

    IOTA uniquely offers zero-fee transactions and no fixed limit on how many transactions can be confirmed per second. Scaling limitations have been removed since throughput grows in conjunction with activity; the more activity, the more transactions can be processed and the faster the network. Further, unlike blockchain architecture, IOTA has no separation between users and validators (miners/stalkers); rather, validation is an intrinsic property of using the ledger, thus avoiding centralization.

    IOTA is focused on being useful for the emerging machine-to-machine (m2m) economy of the Internet-of-Things (IoT), data integrity, micro-/nano- payments, and other applications where a scalable decentralized system is warranted. IOTA offered an Initial Coin Offering (ICO) where approximately 1337 Bitcoin were invested.

    All 2779530283277761 IOTAs have been created right from the start in the Genesis transaction.

    The IOTAs have been distributed among the shareholders. Not only extern investors but also the founders and developers had to invest with their private money.

    All IOTAs are distributed and part of the Markets (except the unclaimed from a few ICO investors). Sometimes last year, the IOTA Foundation was announced and since then, it grew in numbers and expertise. The IOTA Foundation has the four co- founders as members and this Foundation is registered as an NGO in Germany.


    To understand what IOTA really means, you have to look at the use-cases that are in development and the technical limitations we already see right now and expect in the future.

    The Internet of Things, the Internet of Everything are, as parts of the 4th industrial revolution, uncharted areas, that promise lots of possibilities, but due to the mentioned limitations also uncertainties. A global network, with connections into vital infrastructures, is boon and bane. We see emerging Markets, exponential growth, and progress, but also insecure terrain.

    IOTA as a data and settlement layer is able to create a system that relies on decentralization, data actuality, and temper proof algorithms.


    1. No transaction fees. It is absolutely free
    2. Validation is done through new transactions that reference yours, which is an elegant approach to transaction finality.
    3. Has a large community where new users can ask questions from experienced ones.


    1. The tangle on which it works requires proof-of-work, which means users will be spending on electricity and chips. If it was using proof-of-stake, transaction generators will not have to go through this.
    2. No smart contracts.

    Where/How to buy it

    For now, the only way to buy IOTA is to first purchase Bitcoins, then look for an online exchange, a reputable one with proven track record to swap it. There are a number of exchanges that allows for such transactions.

    The exchange will require you to deposit your bitcoins as you bid to purchase IOTA.

    Trading with IOTA

    In order to trade with IOTA, you will have to make use of an exchange that is meant for that specifically for that. The reason you only have this option, for now, is that not all merchants are ready to start accepting it as a means of payment. Although there is some investment holding companies that allow for this transactions.

    Here are two reputable exchange websites that can help you trade your IOTA holdings for goods and services.

    1. Bitfinex
    2. Kraken

    Storing IOTA

    You will need Mobile wallet for installing IOTA wallet. From this mobile application, you can send, receive, and pay IOTA on it with a simple click. It is just like your Bank app.

    iota, miota, tangle versus blockchain, cryptocurrency without mining, zero transaction fees, machine economy, internet of things, genesis transaction, proof of stake, proof of work, bitfinex, kraken
    Scott Evans
    13.09. 2017 00:00  | 

    Litecoin is one of the over 900 known digital currencies or cryptocurrencies in the global market, and as expected, it is a peer-to-peer cryptocurrency that makes instant payment possible to anyone anywhere in the world, at a near-zero transaction fee.

    As true of all other digital currencies, it is fully decentralized; that is no central control body or authority controlling its creation and distribution. It is an open source software project that was released by Charles Lee, a former employee at Google, about five years ago even though there were rumors that he didn’t really develop it.

    Some say Litecoin was developed by a group of programmers, while others don’t know what to believe, but the authentic information has Charles Lee as the author and creator. It was released under the famous MIT/X11 license. The interesting thing about this license is the power it gives its users to run, adjust and duplicate the software programmed. It also gives its users the option of distributing the software.

    Because of its decentralized nature, individuals who choose it can embrace the financial freedom it affords as everyone will be able to control their finances. It offers a faster transaction time when compared to some other kinds of digital currencies and better storage efficiency than the traditional paper currency that we all know.

    When compared to other cryptocurrencies, it also boasts the ability to handle deals or transactions of higher volume at once. There is no fear of whether the software will be modified in the future as the blockchain that powers Litecoin support more transactions at the same time. It is expected that a total of eighty-four million Litecoin will be mined over Litecoin’s mining cycle, isn’t that amazing?


    1. It is not as vulnerable to spam attacks like some other digital currencies because, on a set number of transaction outputs, there is a transaction fee (minimal) levied. Other digital currencies place small transaction fees per kB of the transaction.
    2. Can handle more transactions at the same time. It creates newer blocks or transactions about four times faster than the famous Bitcoin block.
    3. Provides much value for less payment which is good for business.
    4. Gives users the ability to store their money how they like because they are confident there is no centralized body that wields power over it or can control how it is spent. As such it offers more freedom as opposed to the current financial system.


    1. Because it is new to many people the rate at which it is accepted is slow compared to some other types of digital currency.
    2. If the government decides to declare owning Litecoin illegal, you may find yourself in trouble. Currently, the government stance on cryptocurrencies is not clear. And the danger is real as Litecoin is not taxed, and is somewhat of a competition to the government issued currency. Other regulations could also make Litecoin less attractive.
    3. In order to use Litecoin, you need wallets, exchanges, payment processors, etc. Not all of these services have perfect security. And if your funds are stolen, all you can do is to hope your service provider will be kind enough to give you refund.

    Where/How to buy it

    Buying Litecoin is the first thing you should do before thinking of trading with it and in just some few steps I will show you what how to buy it.

    Step 1: Acquire a Litecoin wallet- This is the first step to buying your litecoin. Whats the point of buying when there is nowhere to store them? We will discuss more on types of litecoin wallets later

    Step 2: Identify a suitable exchange- An exchange can be compared to an agent that you pay to get the litecoins. Most exchanges will release Litcoins for Bitcoins but there are some exchanges that allow you to purchase Litecoins directly. Some of them are Bitpanda, Bitstamp, and Coinbase.

    Step 3: Withdraw to your Litecoin wallet- Some have made the mistake of buying litecoins and leaving them with an exchange only to suffer the bitter consequences. Do not make this same mistake because the exchange can shut down or get hacked.

    Trading with Litecoins

    Ever heard the saying that ‘Plan for the worst and hope for the best’? That is a simple rule of trading with Litecoins. If you are a first timer, do not invest all your life’s savings in it immediately. Some have found out that for the first time, they should invest only what they can afford to lose. As time goes on, you can increase your stake in it gradually.

    Another thing is to study the market very well and not too heavily rely on what the guesses might be. Before investing, try to do your homework so to speak. You can contact experts and those already in the business to know when best to invest and for analysis of market trends.

    If you do not love the cryptocurrency world, succeeding might not be easy. Make sure that the motivating factor should be because you have a strong belief in the concepts as well as the future prospects of Litecoin, and not just because others are doing it.

    And always identify some common mistakes made by others as well as yourself with the aim of learning from them. The truth is that Litecoin has a very bright future and only the shrewd can benefit from it. Remember, it is not a get-rich-quick scheme.

    Storing Litcoins

    Want to store for short term or long term purposes?

    You can download any of the mobile wallets- more like your bank\'s mobile app, or simply use a hardware wallet that allows storing your Litecoins offline and you hold your private keys (which is like you four digit PIN) with which you can send Litecoins to someone else. It is the most secure way to store them and please just try not to forget your private keys.

    litecoin, cheaper bitcoin, bitcoin alternative, charlie lee, satoshilite, decentralized currency, faster than bitcoin, scrypt, sha256, illegal cryptocurrencies, litecoin wallet, offline wallet, ledger, trezor, crypto exchange, kraken, poloniex, coinbase
    Scott Evans
    13.09. 2017 00:00  | 

    Monero (XMR) is an open-source digital currency created about three years ago and it focuses on three major things namely privacy, decentralization and scalability. Unlike many cryptocurrencies that are derivatives of Bitcoin, Monero is based on the CryptoNote protocol and it has different algorithmic differences relating to blockchain obfuscation.

    Monero was launched originally under the name BitMonero, which is a compound of Bit (as in Bitcoin) and Monero (literally meaning \"coin\" in Esperanto). Five days later, the community opted for the name to be shortened just to Monero. It was launched as the first fork of CryptoNote-based currency Bytecoin. In addition, the Monero developers found numerous incidents of poor quality code that were subsequently cleaned and reconstituted

    Monero is powered strictly by Proof of Work, but specifically, it employs a mining algorithm that has the potential to be efficiently tasked to billions of existing devices (any modern x86 CPU). Monero uses the CryptoNight Proof of Work (PoW) algorithm, which is designed for use in ordinary CPUs.The smart mining feature allows transparent CPU mining on the user\'s computer

    Monero is a secure, private, and untraceable cryptocurrency. It is open-source and accessible to all. With Monero, you are your own bank. Only you control and are responsible for your funds. Your accounts and transactions are kept private from prying eyes.

    Monero is secure- Monero is a decentralized cryptocurrency, meaning it is extremely difficult to hack and steal your funds. Transactions are confirmed by distributed consensus, and then immutably recorded on the blockchain. Third-parties do not need to be trusted to keep your Monero safe.

    Monero is private-Monero uses ring signatures and ring confidential transactions to obfuscate the amounts, origins, and destinations of all transactions. Monero gains all the benefits of a decentralized cryptocurrency, without any of the standard privacy concessions.

    Monero is untraceable- Sending and receiving addresses as well as transacted amounts are obfuscated by default. Transactions on the Monero blockchain cannot be linked to a particular user or real-world identity.

    Monero is fungible- Monero is fungible because it is private by default. In its current state, it is extremely unlikely that Monero will ever be blacklisted by exchanges or vendors due to its association in previous transactions.


    1. Forking is done regularly and routinely on Monero.
    2. Provides a high level of security.
    3. Increased anonymity.


    1. The biggest con is that monero has a lot of stakeholders, and it would be a challenge to convince them to switch to a new chain.
    2. Compared to other digital currency, it is still below in the acceptability list.
    3. Few online exchanges allow the direct purchase.

    Where/How to buy it

    The transaction fees involved in the buying of Monero will be lower if you choose to buy it directly on the monero trading exchange like Changelly or Kraken.

    But if you are interested in large purchases of the digital currency, it is highly recommended to use an exchange. As always, you will need to register on the exchange and fund the account. Some Exchanges will take a couple of business days in order to fund your account and actually get your identity verified with the exchange. So, please do take note of that.

    The best option and fastest way for buying Monero are by first buying Bitcoin and then instantly swap your Bitcoin for Monero. This is especially appropriate if you are in a rush and want to take advantage of a dip in prices.

    There are many exchanges that can help you do this successfully.

    Trading with Monero

    Monero\'s market operates like that of many other cryptocurrencies. Those interested in investing in the cryptocurrency can purchase it outright through exchanges including Poloniex, Bitfinex, and Kraken.

    Carefully observe the market trends, the rise and fall of the prices before making any investments on any exchange because the goal of any investment is to make a profit. So you do well to observe this as well.

    You may also be fortunate to meet those you are desperately in need of cash, so they might want to sell off their Monero coins, and this will be at a lower price. But be careful of scams.

    Storing Monero

    Download the paper wallet generator, Unzip and open the paper wallet generator (monero-wallet-generator.html) into a web browser on an air-gapped computer that hasn\'t been used before, or has had a clean installation of the OS.

    Your paper wallet will have four important items:

    • Monero Public Address - The public address is used to receive funds to the wallet. You give this to anyone who will be sending funds to your wallet.
    • Monero Mnemonic Seed- The mnemonic seed is a method of storing the entire wallet that is easily recognizable to humans. This is all you need to restore your wallet at a later date.
    • Monero Private Spend Key- The private spend key is used to send funds from the wallet.
    • Monero Private View Key- The private view key is to view transactions entering the wallet. Commonly this is used to setup a view-only only wallet which can see incoming transactions live on the blockchain as they are sent to a cold storage wallet.

    At this point, you have many options. You can print the wallet on paper, save it as a PDF or text on a USB stick, burn it to CD/DVD, etc. Most likely you will want at least two or three copies, stored securely in different locations. If storing digitally, encrypt everything with a strong password. If storing on paper, do not show the wallet to anyone else who can memorize your 25-word key, or take a picture of the wallet without your permission. Sending someone a picture of the wallet is the same as giving away all of your funds.

    Whichever method you chose, be sure there\'s no copy of the Monero wallet left over on the device you used.

    monero, anonymous cryptocurrency, darkmarket cryptocurrency, anonymous bitcoin, untraceable, proof of work, cryptonight, opensource, decentralized, forking, lower transaction fees, mnemonic seed, private keys, ring of signatures, view key, spend key
    Scott Evans
    13.09. 2017 00:00  | 

    This special peer-to-peer digital currency was written in Java, and it was launched along with its blockchain about two years ago. It was created with the aim that in time, it will gain an unprecedented global acceptance because of its special features. It was created by someone known as UtopianFuture, a former Bitcoin Talk Forum user.

    The main inspiration behind the innovation was Nxt, an open source cryptocurrency and payment network. The software used to power it is also been tried by some already established financial institutions in Asia (majorly Japan) and also few financial organizations worldwide.

    Initially, the NEM project was not entirely legal when it started, although that has changed presently. There was a call on people already on the Bitcoin Forum to participate in the project and contribute to the development of the project. But as time goes on, willing ones came out to support, and as the project blossomed, those who participated in the crowdfunding were able to redeem the stakes they paid for.

    Because it wasn’t legal at the time, some left and there were fears over others about their commitment to the project. A deadline was set and at the end of the deadlines, all unclaimed funds were devoted to the development of the digital currency NEM, and that was how it became operational eventually.

    One of the exciting features of this digital currency is the enhancement to its blockchain network, which includes the proof-of-importance algorithm, encrypted messaging, multi-signature accounts and the EigenTrust ++ reputation system. And as true of many digital currencies currently in the market, it is decentralized, and its issuance is based on a fixed decentralized peer-to-peer consensus.

    Looking at some other digital currencies, we notice that they function based on the proof-of-work algorithm, but NEM utilizes the Proof-of- Importance. The benefit of this is that the NEM infrastructure server will run independently of the NEM community client. This allows the lightweight computer (also known as Light Client) that works to connect the system to the server, to operate fully without having to run a full copy of the NEM blockchain.

    The proof-of-Importance algorithm also allows the NEM system to timestamp Transactions. Its block time is about 1 minute or a little less. And you necessarily don’t have to own a lot of coins to for to start a block.


    1. It is very profitable to invest in because of its high value.
    2. Have some powerful technological advantages over its rivals.
    3. It uses Java, which is a very common programming language, which in turn will boost its acceptance.
    4. Since it has been successfully tried and endorsed by Japanese Banks, it won’t take long before it becomes a global phenomenon.
    5. Due to its incentive to hold, it has a great prospect for growth.


    1. Compared to other digital currencies, it has a low trading volume and stability.
    2. No real notable business collaboration as of present.
    3. Its marketing is below expectations.

    Where/How to buy it

    Currently, it is very hard buying NEM directly as it is just developing, but the easiest way to purchase it is to buy a common digital currency and then use an online exchange platform to swap it for XEM coins.

    An example is Changely, an exchange that allows you to buy a specific digital currency with another digital currency. It can also directly integrate your XEM into the NEM nanowallet.

    When you get to such exchange site, you will need to create an account with them and verify the account. You also need to add a payment method in other to fund the account.

    If you do not previously own Bitcoin or other common cryptos, you can first purchase it there and then go to the section where you will swap it for NEM. Since you will be buying on the exchange, you can use your credit card or MasterCard to make the payment.

    Trading with NEM

    There are two ways in through which you can trade with your NEM coins. The first way is to directly pay retailers who are known to accept NEM as a means of payment for goods and services offered with the NEM coins which you possess.

    It will be interesting to know that a few merchants and retail outlets, especially in Asia are already accepting it. There are a couple of merchants in Europe and America who also joins this category.

    A second way is by using a trading online exchange. With the knowledge that you know what a trading exchange is, here is some trading exchange where you can do transactions with NEM. They include Poloniex, Bitrex, Hitbtc, Yobit, Bter, Cryptopia, and so on.

    Storing NEM

    The major wallet where you can store you NEM currency is the wallet commonly known as the NEM nanowallet. It is a Mobile wallet or Mobile Application through which you can store, send and receive NEM currency. It is compatible with almost all devices. You can also upgrade it anytime there is an upgrade.

    For a long term storage, you can create a paper wallet for it.

    new economy movement, XEM, NEM, bitcoin forum, multisignature, java, japanese bitcoin, trading NEM, cryptopia, poloniex, storing nem
    Scott Evans
    13.09. 2017 00:00  | 

    Potcoin is another peer-to-peer digital currency, based on the open source software that was released under the MIT/X11 license. Although it shares some technical similarities with Litecoin, its main aim is becoming the standardized means of payments for industries that are authorized to legally produce cannabis.

    This digital currency is decentralized, that is, not managed by any central authority or agency. It was created about three years ago by Joel Yaffe and Nick Iversen and another anonymous third entrepreneur, all hailing from Montreal, Canada. Their goal is to create a platform for legal cannabis industries worldwide, and that was why the cryptocurrency was launched at exactly 4:20 p.m. (a number associated with cannabis consumption, i.e. 420).

    The growth of this digital currency was so fast that just after a year of launch, its value has risen that in the crypto world, Potcoin is one of the currencies with the highest value, and presently, nearly all retailers and online stores are accepting it as a means of transaction.

    Although it hasn’t been a sweet ride all the way for Potcoin because just after a year of launch, the original developers went their separate ways for some reasons that were never revealed. The Potcoin community at that time though that will be the end of the innovation, but somehow tried to steer it away from the path of extinction by developing many other things that have kept it going until today.

    Its major feature is the proof-of-stake system, and it is based on a public digital ledger known as the blockchain network. The forking of this currency is special as it offers an increase in the maximum number of coins, a shorter block generation time and a much quicker halving schedule (better than in Litecoin).

    Generally, this digital currency can be mined by mining hardware like the CPUs and GPUs and on the ASIC Script. But more recently, the mining algorithm has been changed from Script to POSV. POSV is an algorithm that rewards both the ownership of the coin and also transactions made with the coins.


    1. It is the very first in the crypto market to be involved in business with legalized cannabis
    2. It is similar to Litecoin, which is a well-established coin; this will boost its global acceptance.
    3. It has a very good way of solving the banking and network problems currently facing the cannabis industry.
    4. This network has been known to support much charitable organization


    1. There are legal difficulties currently facing the cannabis industries worldwide.
    2. Since it is directly related to the cannabis industry, many people which have cultural norms against cannabis will find it hard accepting it as a means of payment.
    3. Many think it is not useful outside the cannabis industry.

    Where/How to buy it

    Much online exchange websites that allow for the trading of numerous digital currencies also allows for the trading of Potcoin. These sites allow and promote the private and local trades and on these sites, one can either purchase Potcoin or sell it.

    There are different ways of payment for this cryptocurrency. One way is to buy first buying a more common digital currency and then try exchanging it for Potcoins. As true of all other types of digital currencies, this is the safest and easiest way to buy them.

    You can also pay via your local bank account using direct funds transfer, or use your credit card.

    After the purchase, get a Potcoin wallet (will be discussed in details later) and store them there.

    Trading with Potcoin

    Currently, there are over 60 globally-known merchants that officially accept Potcoin as a payment method for other products and services, all outside the cannabis industry. So it establishes the fact that you can actually buy and sell other products using Potcoin as a means of payment. And remember, it doesn’t have to be cannabis alone.

    You can also buy and sell this currency as well to make more profits. There are many trading platforms that allow the buying and selling digital currencies that you can utilize. There will also be some very desperate owners who want to sell their coins and you can benefit from that provision by buying it and keeping them for later; many for sale or for buying other things. You can also buy other digital currencies with it as well.

    Remember, in choosing an online exchange to be traded on, please be careful so as to know if the exchange is one that is known for conducting transparent deals.

    Storing Potcoins

    The potcoin wallet is the wallet in which you store your Potcoin asset. It is from this wallet that you also send and receive Potcoin for your transactions. Of the four types of digital wallets available, which of them is the best for storing Potcoins?

    The Software wallet, which is an online wallet, is the best for storing Potcoins. It is considered the best for such because of the fact that you get to generate the Private Key or PIN with which you validate all your transactions. Your public key is the address to which other users will send money.

    Because it is online, you must be careful so that computer viruses do not jeopardize your wallet. Some have found it helpful to install good antivirus programs to help them protect their computers. If you lose your date, the money is gone forever, so be careful with your computer security.

    It will also be helpful if you encrypt your data.

    potcoin, cannabis coin, cryptocurrency, legalize marihuana, illegal cryptocurrencies, trading potcoin, accepted crypto, public key
    Scott Evans
    13.09. 2017 00:00  | 

    Ripple is a special type of decentralized digital currency, a peer-to-peer payment system, and it does more than just provide a platform for making exchanges. It does not function to swap goods and services with currency, rather it is a medium for converting one currency to another, and it does not need a central exchange for this conversion. During its launch some five years ago, it was stated that Ripple will make possible “secure, instant and nearly free global financial transactions of any size with no chargebacks.”

    It was created by a group of people namely: Arthur Britto, David Schwartz and Ryan Fugger, and it works with the same consensus digital ledger that most other cryptocurrency works on; it is also mined like other decentralized currencies like the Bitcoin. This public digital ledger is shared, the contents of which is decided on by a general agreement or consensus.

    Here is an interesting question, for Ripple to work, for a transaction to proceed on the Ripple network, what is required? It requires two parties: A Regulated Financial institution (that holds the funds) and the Market Makers. The first party also issues balances on behalf of the customers while the second party, the customers, provide liquidity in the currency they desire to trade with.

    Some digital currency functions based on the proof-of-work or the proof-of-stake, but with Ripple, it functions with a Consensus Scheme. This allows for more trust between participating parties and it strengthens the overall Ripple network.

    The Massachusetts Institute of Technology emerged as one of Ripple’s major validators early on, but there are other notable companies and internet service providers that took part in the digital currencies validation.

    According to a group, the Consultative Group to Assist the Poor, Ripple will “enable a peer-to-peer server architecture to facilitate the movement of value among financial institutions. This allows financial services companies to make direct payments to each other, whether across different networks, geographic borders or currencies.”

    One interesting thing about the currency’s network, the Ripple network, is that it cannot be shut down, and that means putting it out of business will be very hard, and that is a big plus for potential investors and stakeholders.

    It is also important to note that right from its creation, the number of financial institutions and banks to adopt Ripple as a means of payment has been increasing and that number is still on the rise. In fact, according to one reputable source,” distributed ledgers like the Ripple system have a number of advantages over cryptocurrencies like Bitcoin. We will treat these advantages and the disadvantages later in this article.


    1. Ripple boasts the fastest settlement time of any digital currency on the blockchain-like network. According to reports, it can process over a hundred transactions per second.
    2. It offers a payment method without any charge, that is, it is absolutely free to use. That is a very big encouragement for those who plan to invest in it.
    3. The Ripple network is a much-secured network as it is designed to instantly reject malicious users and automatically start again. This will guarantee that your hard-earned income will not be swindled. Since nobody can shut down the network, you can be assured of continued business once you invest in it.


    1. The way it is designed shows clearly that it will never replace corresponding currencies completely.
    2. Since you can choose who you want to reach a consensus with, you need to constantly maintain that list because once broken, it can affect your trade.

    Where/How to buy it

    As true with any type of digital currency, you need to get a wallet, and in this case, a Ripple wallet. Then the next step is to buy Bitcoin. I believe you know how to do that but in case you don’t, you can identify a suitable exchange to purchase your Bitcoin.

    Normally, when you visit the exchange, you will supply your details and add a payment method. It could be via your credit card, for example, and once that is done, you can proceed to fund your account with the exchange and then buy your Bitcoin.

    Next, visit Changelly, a cryptocurrency exchange as well (You can do a simple google search for it). You need to register here and set up your account. After that, you can proceed to exchange your Bitcoin for Ripple.

    It is not an easy task buying Ripple straight but it is advisable to first buy Bitcoin and then exchange it with Ripple

    Trading with Ripple

    Because of its infinitesimal fees and its transaction speed, it is a very popular trading currency. So try to reach out to a trading platform. An example is Avatrade. On this platform, you can be sure of actively trading digital currencies like Ripple and other assets.

    Fill in your details to open an account. Once you do that, you can click on the ‘web trading’ tab and proceed to buy stuff with your Ripple coins.

    Storing Ripple

    To store Ripples, first, create a Ripple wallet. You can do this at GateHub.net, one of the most secured sites for that. And if you know a little bit of coding, you can actually download the wallet from the site.

    After doing that, you will be asked to generate a Ripple wallet address, and this automatically comes with a PIN or a secret key. With this key, you will be able to access your account and Ripple funds, transfer funds and make a trade. Remember to always keep your secret key and if possible write it down.

    ripple, secure instant transactions, financial institutions, corporate cryptocurrency, MIT, settlement layer, swift, digital currency, XRP, changelly, banking transactions
    Scott Evans
    13.09. 2017 00:00  | 

    Stratis is an exceptional innovation because it is not a coin; rather it is simply a platform. Stratis is a Blockchain-as-a-service (BaaS) Platform, created to provide solutions for corporations in the financial sector that want to enjoy the benefits of Blockchain technology. Stratis allows companies to create their custom blockchain applications with the features they require, making the development process simpler and accelerating the development lifecycle for blockchain projects.

    Stratis allows the creation of distinct, private blockchains, which can be launched by third party organizations which can customize them to their needs. These blockchains (sidechains) are secured on the main Stratis blockchain. They can be accessed via lite clients and APIs.


    Corporations can take advantage of the Stratis sidechains to launch their blockchain applications without the inherent costs and complications of building and maintaining their own blockchain network infrastructure. Furthermore, these companies can also take advantage and combine pre-existing features found in other blockchains like Ethereum or Waves.

    Stratis, the native currency within the Stratum Platform, will be required in order to create and fuel these blockchains. These private chains are based upon the code of the main Stratischain and side chains are compatible and transfer between the two is straightforward.

    The Stratis platform will be built on the C# Stratis Bitcoin Full node platform and framework, which will be developed on top of the NBitcoin library, a near-complete port of Bitcoin Core written in C# and .NET by blockchain developer Nicolas Dorier. Since NBitcoin was developed in pure C# and utilizes the .NET framework it is easier to maintain and develop when compared to the traditional C++ Bitcoin Core source code.

    Furthermore, the Stratis team will also provide consultancy services, advising companies on which features to use and how to implement them. Stratis will start off as a London-based consultancy firm and move to the international playing field if the demand requires it.


    1. It is a platform for programming geeks to create unlimited innovations.
    2. It combines the security of Bitcoin with the latest advancement in blockchain technology to build its own security.
    3. Highly valued by investors worldwide.
    4. Because of its proof-of-stake algorithm, it will offer lower emission and low inflated.


    1. It is not a platform for the masses, so there is an expected slower adoption.
    2. Not yet accepted by many global merchants.

    Where/How to buy it

    The best way to buy Stratis is by using an exchange. Some exchange will allow you to buy directly with your cash maybe via credit card or via a Mastercard. Some can also allow you to do a direct wire transfer to them.

    But a good number of exchanges that are willing to sell Stratis to you will prefer you to first but a common digital currency, like the Bitcoin. When you get that, they will help you swap it for Stratis.

    For example, Changelly, a renown online cryptocurrency exchange site will only permit you to swap Bitcoins for Stratis.

    Poloniex is also recognized widely as the world’s largest exchange for alternative digital currencies, STRAT is trading as a BTC pairing.

    Bittrex is on the forefront of innovation and expansion, they are proud to have been added to Bittrex right after launch day. They are among the world’s best crypto exchange sites.

    Bittylicious, a UK based exchange allows Fiat pairing. They believe that is the best way to avoid Bitcoin based volatility. As a UK resident, you can purchase STRAT on Bittylicious.

    Trading with Stratis

    As true with some other cryptocurrency that is not readily accepted by merchants globally, the best platform for trading will be with some trading exchange online. With Sytratis, I have listed some exchange that will help you trade your coins for goods and services, maybe for other cryptocurrencies as well.

    • Bitrex
    • Cryptopia
    • Hitbtc
    • Poloniex

    Storing Stratis

    We are seeing extremely clever tactics being used to subvert the security systems in place that are supposed to protect us. Hacking and theft are becoming an increasing threat, so what can one do to protect themselves and their digital currencies?

    With the value of Stratis growing at such a rapid rate, there is a high incentive for people to try to steal your Stratis Tokens, so you must use extreme caution when storing them. If you are storing a large number of STRAT on a device, securing your tokens safely should be your primary concern. While there is no perfect system for securing your $STRAT tokens, there are some steps that you can take to help prevent any malicious attempts to steal your tokens.

    If you decide to use a paper wallet, that is an offline wallet for storing very large amount of Stratis, make sure you do not forget your login details as your asset could be gone forever if you do.

    In case you opt for a mobile wallet, try not to get a virus, or better still, install a very reliable anti-virus program.

    stratis, baas, custom blockchain applications, sidechains, nbitcoin, proof of stake, swapping bitcoin, trading crypto, bittrex, hitbtc, strat
    Scott Evans
    07.09. 2017 19:59  | 

    Another trading school that we\'re going to investigate is run by Casey Stubbs and it\'s called Winners Edge Trading. Allegedly, Casey is a Forex trader but it didn\'t take us too long to find out that he actually has nothing to do with Forex trading. His website winnersedgetrading.com offers us many trading tools such as Strike 3.0 which costs $97 per month. You can get that exact product at lower price of $49. Buying one product grants you access to many additional tools that his website provides, such as strategies, trading rooms, etc.

    Winners Edge Trading Review: The Specifics

    Besides the Strike 3.0, one of his main products is a series of advanced training video courses. Rest assured that none trading tool will ever be able to help you if you have no idea how to use it. Another problem is that we have no track record proving that these trading tools have ever helped anyone.

    Who is Casey Stubbs?

    No matter what this Casey Stubbs offers you, you should know that he has never traded before - this is a major sign telling you to NOT trust this guy nor his strategies and tools.

    Experience of their past clients

    Once you get in touch with them, you\'ll soon end up losing your money without an idea of how to get it back - they\'ll just play around. There are many traders who complained that this service has actually taken lots of money from them but never gave them any useful in return. It\'s exactly what we expected to happen.

    Our final opinion on Winners Edge Trading

    Based on our thorough investigation we hope that you\'re now aware that this trading school is nothing but a scam run by a fraudster who\'s only aim is to rip you off. Trade safe!

    trading school, Forex, scam, Casey Stubbs, Winners Edge Trading
    Scott Evans
    07.09. 2017 19:58  | 

    Brand new fraud, a relaunch or maybe a genuine software? Tesler 2 is a trading system which we\'re about to investigate. As we found out, previous version of this fraud was launched in 2016 and today we\'re looking at another Stephen Abraham\'s system called Tesler 2. Stephen seems to be CEO of Tesler Investments, even though we found out that Tesler Investments is a non-existing company. Basically, we\'re dealing with a relaunch here and we\'ll do our best in order to make you realize that.

    Tesler 2 App Review: facts revealed

    Allegedly, this automated system is based on cutting-edge satellite technology which allows him to monitor the market\'s movement all day every day and to gather and analyze the data within milliseconds. There are many problems about this claim, like market being closed during the weekend (even though this dude claims that his system works 24/7) and making money while sleeping is NOT available, at least not in this industry.

    Stephen Abraham and the Tesler 2 App

    Stephen said that he\'s a former Wall Street investor but we easily found out that nobody has ever heard of such former Wall Street investor. We\'re within the industry that relies on reputation - and that\'s something that Stephen doesn\'t have.

    Bogus earning claims

    There are some contradictions regarding the promotion of this system, such as earning $237 at one moment while seeing an offer saying that you\'d be earning $208, in another moment. Later on, we see that they are asking us to invest $300 and we\'ll be earning $5,000 per day. Bunch of lies.

    Fake testimonials to support Tesler 2 app website

    They used paid actors and made up identities in order to create fake testimonials. Don\'t fall for this lame fraud!

    trading system, fraud, relaunch, Stephen Abraham, Tesler 2
    Scott Evans
    07.09. 2017 19:57  | 

    Chris Terry is a man who stands behind iMarketsLive (imarketslive.com) which actually turned out to be a scam. However, we\'ll do the full honest review so that you can realize what is this shady offer actually about. IMarketsLive is actually a trading school that offers many Forex courses, lessons about trading signals and many more. Chris\'s latest business plan (scam) made him $600,000,000 but it was soon stopped by the people above him.

    So, what\'s iMarketsLive?

    It\'s nothing more than a website offering you video courses, live Forex signals and other features. Besides other features, iMarketsLive is promoted as a service offering a trading room as well.

    Why are we saying that iMarketsLive is a scam?

    Forex brokers started complaining about this service and it all happened because too many users of iMarketsLive complained about its service. What\'s better user review than bunch of unhappy former users of the service itself?

    So, who is this man in the real sense?

    Once there was a story about a successful trader who started out as a poor trader with many losses. This story was about Linda Raschke who opened her trading room with Chris as her co-pilot and they made lots of money. At one point, everyone took different paths and continued with their lives separately. Now, Chris is trying to make a fortune based on innocent traders and unfortunately he is pulling it off.

    Launch of iMarketsLive

    After closing up his last scam called Zeek Rewards, he launched a new one called iMarketsLive. It didn\'t take us too long to realize that iMarketsLive was actually just a relaunch of Zeek Rewards with no new elements.

    How iMarketsLive is supposed to defraud you

    As soon as you sign up for an account, you\'re supposed to fund your account. After that, automated program will trade on his own using your balance and you\'ll end up with zero balance.

    trading school, Forex, shady offer, scam, Chris Terry, iMarketsLive
    Scott Evans
    07.09. 2017 19:57  | 

    Recently, we\'ve encountered a new signal generator called PaBinary Signals; the website is Binarysignalspa.com and we\'re about to make a thorough honest review about this system.

    This is what you need to know about Binarysignalspa or PaBinary Signals

    First of all, it\'s confusing whether we\'re getting us involved with the PaBinary Signals or with the Binarysignalspa. PaBinary Signals guarantee accuracy as high as 85% with an example of investing $200 and earning up to $2,500. This signal generator was, allegedly, developed by experienced ex-bankers and hedge fund managers. They are talking about generating 20 signals within 4 hours. There\'s also a claim saying that the number of active users of PaBinary Signals reaches 5,000. With that many users they must have received tons of positive reviews and they must have been around for a while in order to gather up that many users. However, we found out that the website was registered in February 2017 - so how could have they started gathering members 2 years ago? This is already too ridiculous and bogus to be trusted.

    More dirt lying underneath this scam

    Besides all of this, they are promoted as a signal generator which guarantees daily returns of 270%. Rest assured that this number is way too high for any kind of returns, especially for daily ones. Once again, we remind you that a simple insight into who.is can help us realize where they are located and when was their website launched.

    Attractive offers to fool naive traders

    As we found out that their website was recently launched, it\'s understandable why such new service is trying to use lame tricks such as making ridiculous and unrealistic promises in order to gather new victims. However, we do not encourage nor excuse this. This scam should be avoided big time!

    signal generator, bogus, scam, Binarysignalspa, PaBinary Signals
    Scott Evans
    07.09. 2017 19:56  | 

    We\'ll show you what a scam behind the hyperscalper.com is all about. We\'ll make it loud and clear what this trading platform can and can\'t do.

    Hyper Scalper Review

    Allegedly, this website will allow you learning what Deep Currency Trend Analytics is. Long story short, it\'s what Forex traders have never heard of. Basically, they\'ll be telling you that trading based on price movement is a good thing - which is not.

    Inside Xscalp.com

    Xscalp is owned by a trading school, Hyper Scalper, and it\'s a website to which you get redirected from the main website. Even though hyperscalper.com says that there is no monthly subscription for xscalp,com, you\'ll have to pay a monthly subscription for a VPS which costs $28 per month, in order to access all the features they are offering. Both websites are poorly made and they do not provide the much-needed information.

    Pure hype, little content and lack of transparency

    Trading school usually don\'t get positive reviews and that\'s the case with this one as well. Another problem is that they are talking about certain strategies and indicators that are non-existing.

    They have a YouTube page

    Sure, they do own a YouTube page but that page didn\'t give us any information that we haven\'t already heard of.

    Trading Performance

    One of the biggest problems is that this seems to be an anonymous service since we can\'t contact the owner (we can\'t contact it because they didn\'t provide any information about the owner of this service). On top of everything, they don\'t have any results or testimonials that are supposed to make us trust them. At the end, we mark this offer as a scam and we hope that you won\'t be wasting your hard-earned money to this scam.

    trading platform, trading school, anonymous service, scam, Hyper Scalper
    Scott Evans
    07.09. 2017 19:55  | 

    We\'ve encountered another managed account service handling Forex trading, and this time it\'s FXOFX. First of the things you should know about fxofx.com is that it has no track record so far - this means that nobody can confirm that this system is doing a good work. Regarding their website - it\'s too poor to be taken serious. Lots of mistakes and poor information is what made us flag this website as quite bad. Thanks to Google ads, this service got promoted throughout the entire internet quickly but that doesn\'t mean that this shady offer is trustworthy. They\'ll do anything they can in order to take over control of your MT4 account but we hope that this review will help you realize that you shouldn\'t do that.

    FXOFX Overview

    They talk of themselves as of some branded company with high reputation but that\'s far away from the truth - nobody has ever heard of them and they do not have any track record. One of the ways they dominated innocent newbie traders is by promising them 200% monthly returns. They don\'t even have a risk disclaimer nor Terms and Conditions - that\'s how bad they are. Probably the biggest problem regarding this offer is that it asks for a minimum investment of $10,000 in order to start using their service.

    Who owns this website?

    We were wondering the same thing but unfortunately we didn\'t find out the answer to this question. They remain completely anonymous. They are just talking about hundreds of different strategies but they didn\'t give us any relevant information about their owner nor their system.

    Other things which you should probably watch out for

    Bogus promises, anonymous owner, no track record - this is what made us realize that we should stay away from this shady offer and we hope that you\'ll do the same thing! Trade safe.

    managed account service, Forex trading, shady offer, anonymous, FXOFX
    Scott Evans
    07.09. 2017 19:53  | 

    Another managed account service handling Forex traders is FX Fin 24. Fxfin24.com claims that they\'ve developed the best risk-free trading strategy which their service FX Fin 24 (owned by FX Financial Ltd) provides. We\'ll stop immediately to tell you that there is no such thing as no risk, especially not in the financial industry. Now to continue, we\'ll just mention that their website is full of ridiculous promises which nobody would ever be able to realize.

    What is FX Fin 24 or FX-Financial Ltd?

    It\'s an service a.k.a auto-trader which offers a robot which uses a completely risk-free trading strategy and generates trading signals every day. This is actually one lame trick where scammers mention as many trading-related things as they can in order to lure as many victims as they can. We have some doubts that owner of forexfinancialsolutions.com which turned out to be a scam as well, is the same owner of fxfin24.com. This already tells us a lot about this offer.

    Accusations against FX Fin 24 company

    There\'s a claim promising us monthly returns as high as 40 - 150%. Rest assured that these returns are way too high to be trusted. They guarantee a 30% monthly profit. Another lie! We\'ve even heard from users themselves that some of them have lost around $200 within 12 hours since the moment they deposited that money.

    A Free Managed Forex Account: Really?

    Unfortunately they didn\'t give us any information that would make us trust them. First of all, nothing related to Forex investments is free. Also, you\'d be crazy to let them handle your entire balance - why would someone else be in control of your own account? We hope that you\'ve realized so far that FX Fin 24 is just a scam. Don\'t waste your money nor your time to this lame offer!

    managed account service, financial industry, Forex, scam, FX Fin 24
    Scott Evans
    07.09. 2017 19:52  | 

    Alleged owner of the FX Revenge (auto-trading system) is Bob Dollar. He created a system which he promoted as a highly lucrative one but we didn\'t buy that lie. This Bob immediately seemed suspicious because his stories were too optimistic (more like unrealistic) and they all seemed the same as the stories we already got used to with past frauds.

    Overview of FX Revenge

    Allegedly, you\'re supposed to earn up to $2,621 per day using this auto-trading system. Rest assured that this statement is ridiculous and you should be aware that none human nor software would ever be able to generate such amount of money - more than $60,000 per month just by sitting and doing nothing? Other than that, fxrevenge.net promises many more unrealistic things that are unlikely to happen. There are too many external indicators that affect trading meaning that you can\'t affect the outcome of your trades completely. There are many things happening that you may not be even aware of.

    Who is Mr. Bob Dollar to start with?

    He got fired back in 2016 from his job and he decided to develop Expert Advisor which he renamed to FX Revenge. The problem is that he jumped into Forex trading without having any previous experience with Forex trading.

    More hype along the way to promote an imaginary Forex tool

    In case you haven\'t seen it yourself, their promo video only allows us to \"hear\" the owner of this software; we didn\'t get to see his face in order to confirm his identity. This is a typical thing that fraudsters are usually doing. Also, we didn\'t hear any good or smart words during the promo video - we just heard of him talking about how life is sweet and things like that.

    Fake success stories

    After talking nonsense, he started mentioning some alleged users of the FX Revenge but it didn\'t take us too long to realize that he used paid actors in order to try and trick us into trusting this service. Stay away from this fraud!

    auto-trading system, Forex, suspicious, fraud, Bob Dollar, FX Revenge
    Scott Evans
    07.09. 2017 19:51  | 

    Another educational service that\'s supposed to teach you how to get into the Forex trading is called Big Trends and the owner is Price Headley. Bigtrends.com didn\'t manage fooling us and that\'s why we decide to make an honest review, hoping that we\'ll prevent people from losing their money to this bogus system.

    So, what\'s up with Big Trends website and why are we treating its owner with an attitude already?

    We\'re offered many things on their website regarding the Forex trading. That\'s just their way of tricking people into trusting them. Price Headley claims to be a trading guru but there\'s no hard evidence to prove that. It didn\'t take us too long before we found out that this guy stands behind many scams that happened within the last 10 years. Those scams are not too harmful but he did try to trick people into believing that he is a trading guru.

    Inside the Big Trends

    At the end, Price offers his secret Forex investment tool for $1,999,99 per year; the regular price however is $3,999,99.

    So, what exactly does Big Trends sell?

    Option Shark is a product that grants 200% return and it costs $995. Other products such as Afternoon Channel Trader and Big Trends Daily Scanner cost $995 as well.

    Do you use Trade station platform?

    Price\'s trade station platform costs $500. Certain indicators have been mentioned regarding this platform such as CCI, Acceleration Brands and so on, but we believe that it\'s all just a fraud.

    Accountability and proof of performance

    Unfortunately but as we expected, this bogus system has no ways of convincing us that it operates with high performance. They didn\'t manage acquiring any user reviews and they sure didn\'t offer anything trustworthy that users could have actually used. We end up having no proof of performance and because of that we have no other choice but to mark this offer as a fraud - stay away from Big Trends!

    educational service, Forex trading, bogus system, fraud, Price Headley, Big Trends
    Scott Evans
    07.09. 2017 19:50  | 

    Another managed account service has been launched by Jordan Lindsey is Aggressive Gains. Allegedly, your monthly return will be around 30%. Draw downs can, however, be even up to 78%. Let\'s see what this is all about.

    Review of Aggressive Gains by Jordan Lindsey

    You\'re promised to achieve 2000% yearly returns just by using this service. Also, you can earn up to $100,000 within no time, just by investing $1,000. However, we didn\'t get to know how this service works - none strategy was explained. Results did show that Lindsey had some good trading weeks thanks to innocent Forex traders, but that\'s it. When it comes to us asking questions about the service and its possibilities, answers come right away; however, as soon as we question the track record and the actual success, no answers show up. Another thing we found out is that this service was hosted at Tallinex Forex broker and, unfortunately, we haven\'t heard many good things about this broker.

    Customer complaints

    We found out that there were 152 trades that ended bad in someone\'s account. Jordan, however, didn\'t talk about these losses anywhere.

    Verifying customer feedback from Jordan Lindsey

    Since there were many complaints, we decided to ask Jordan directly about all of the complaints. We were asked to prove that the complaints were real and as soon as we sent him screenshots, we stopped receiving emails from him.

    Our final thought and opinion on Aggressive Gains

    Jcls-forex.com is a website that seems to hide any relevant information and this website promoted Aggressive Gains. Therefore, we\'d like to inform you to stay away from both this website and Aggressive Gains.

    managed account service, Forex, Jordan Lindsey, Aggressive Gains
    Scott Evans
    07.09. 2017 19:30  | 

    Trading Everyday is a new trading platform that is supposed to help you start trading futures, binary options, Forex or anything else! However, the first problem we encountered as soon as we spotted this suspicious offer is the anonymity. We have no idea who\'s the administrator of their website nor who is the person or a company standing behind this offer. There\'s no way for us to verify their company\'s identity and legitimation. This platform even offers boot camps. The price, however, is ridiculous. Their 2-week trial packaged used to cost $697 and they disabled that offer.

    Trading Everyday: Points to note

    Greatest problem is that they don\'t have any track record to prove their success. They even provided a risk disclaimer saying that they are not responsible for any loss and that they do not guarantee anything. They also said that they are not providing financial advice (because that kind of an activity requires a license to be owned in order to be legitimate), but they are selling advisors and trading indicators for $9,700 which definitely is considered as giving financial advice. They even have a product that guarantees a profit within 60 minutes.

    Trading Courses

    Trading courses are generally bad because some random people get to \"teach you\" how to become a good trader whereas becoming a good trader requires lots of time, knowledge, experience and many losses. There are many different courses like \"Day Trading Safety Net\" and \"How to get started Day Trading\" but you\'d just waste your money and time listening to these \"courses\". Rather go and learn from some real experts how to behave and what to focus on.

    Complaints and broken promises

    People have been complaining about this offer for many reasons - being tricked, listening to wrong courses, listening to things that don\'t make sense, etc. This is exactly why we are telling you to stay away from this scam and either invest your money into something that\'s actually trustworthy or start learning on your own.

    trading platform, suspicious offer, anonymity, scam, Trading Everyday
    Scott Evans
    07.09. 2017 19:28  | 

    Another trading system that\'s supposed to make Forex trading easier is the Trade4Me. Since this bogus offer seemed too suspicious we decided to find out as many things as we can regarding this managed Forex account service. One of the fake promises that creators of this offer made is that you\'ll get a 300% return.

    Trade4Me is a bad idea: Here\'s more stuff which you probably didn\'t know

    The minimum initial investment is $250 but they didn\'t explain what\'s this investment actually used for. They also promise a monthly return of 250-30%. Besides this claim is too ridiculous to be true, they also didn\'t mention anything relevant in their policy.

    Consolidating funds into one Live Forex account - a bad idea

    They didn\'t mention the LPOA document - this is what made things much easier for us. Also, consolidating funds is never a good idea - especially not when they are the ones who would be in charge of your balance. You have no idea what Trade4Me is going to do once you deposit your money into their account. Maybe you would trust them if they showed their track record or any evidence that would make us realize what they\'re going to do with our money.

    Other disgusting things about Trade4Me service

    Let us once again remind you that it\'s too risky letting anyone else get in charge of your balance. Also, we have no idea who is the owner of the Trade4Me. How are we supposed to trust a service whose owner we don\'t know? On top of everything, without real results and hard evidence, our trust shouldn\'t be gained that easily.

    Any other thing worth taking note of

    This scam is associated with the Autofxalert.com and Autobinaryalert.com which turned out to be scams as well. That\'s why we\'re hoping that you\'ll avoid this scam big time!

    trading system, managed Forex account service, Forex, bogus offer, scam, Trade4Me
    Scott Evans
    07.09. 2017 19:27  | 

    So-called ex-military soldier Jason Stapleton who\'s also been a Forex trader, is the owner of latest trading platform called Trade Empowered. This platform offers a software, \"magical\" indicators, training courses and many more. This guy seems to own few more websites other than Trade Empowered and, even though he claims to be a successful trader, there are no results nor a track record that would prove it to us.

    Trade Empowered Review

    You should know few things about this bogus offer. First of all, the minimum amount you\'d need to invest if you decided to opt for this platform is $297. However, rest assured that even though it\'s not cheap, it won\'t be enough for you to get into the Forex trading.

    Jason Stapleton: who is this guy?

    Sure this guy has been around since 2008, but trust us when we tell you that he\'s anything but a full time day trader. He was part of a group that went to the Iraq and Afghanistan and fought for the America, but based on everything we\'ve found (or say NOT found), we can conclude that he is NOT a Forex trader.

    How Trade Empowered was born

    Ex-military soldier or not, this guy decided to try out Forex trading back in 2009 but he failed because people complained that they\'ve been scammed. Four years later, he launched the Trade Empowered and decide to \"provide\" everything that Forex traders needed.

    Contacting the owner of Trade Empowered

    Everything was too interesting and at the same time too suspicious and that\'s why we decided to hear what Jason Stapleton has to say for us. At first he didn\'t answer our emails but as soon as we tricked him that we were a newbie trader who wanted to become a Forex trader we got an answer immediately. This was the moment we realized we don\'t need to investigate any further - we were definitely dealing with a fraud and that\'s why we recommend you to stay away from it.

    trading platform, Forex, bogus offer, fraud, Jason Stapleton, Trade Empowered
    Scott Evans
    07.09. 2017 19:26  | 

    Recently we\'ve encountered a Forex trading company called TopstepTrader. The only thing this company offers is trading on a simulator. At first we had no idea what this company was up to, so we decided to find out.

    TopstepTrader Overview: A bad idea for those who want to make money trading Forex

    Allegedly, there\'s a price for anyone who escapes a hamster wheel alive. Their system works like this: You deposit not so small amount of money into your account and you start playing the game. As the game goes on, you\'re losing more and more money; however, if you win, you\'ll receive some amazing prize. This seems more like some kind of lottery.

    So what\'s the failure rate of this program?

    Based on people who spoke for themselves based on their actual experience, we were able to come up with some real results. Traders usually spend somewhere about $1000. Around 80% of the contestants don\'t win. The winners manage getting $900.

    We found out that their website generated around $186,000. This huge amount is what made us so angry - they earned so much money based on people\'s stupidity.

    The testimonials/user reviews

    Unlike with other scams, this time we can\'t label all of their testimonials to be fake - some traders actually did win and therefore some testimonials happen to be real. They provided only positive user reviews meaning that they didn\'t want to let others know how many people end up losing all of their money. At the end, we recommend you to stay out of this lottery that\'s been made in order to take people\'s hard-earned cash.

    trading company, Forex, lottery, TopstepTrader
    Scott Evans
    07.09. 2017 19:25  | 

    Latest trading signal service is the Top Gun Options. This shady offer was run by a Whiz Buckley and they promised to make you rich. Their website topgunoptions.com didn\'t give us any valuable information - it just helped us realize what we\'re actually dealing with.

    Top Gun Options Overview

    Even though we encountered this company 7 years ago, it\'s alive again and some military stories are brought up this time. Products that this service offers are worth somewhere from $45 to $115. However, the membership costs $165 and the minimum investment is $1,995. Their trial costs $28 but don\'t waste any money on that - you\'ll get a nice insight via our honest review.

    According to their \"results\", they made $409,716 during the 2016. However, we\'ve encountered few statements that didn\'t quite match - like 86% success rate in 2016 and 97% win rate in 2016.

    Of Verifying trade performance from Top Gun Options

    As soon as we decided to contact them, they were happy to answer our questions as long as we were pretending to be a newbie. As soon as we asked for some results to verify their success, the answers stopped coming. Suspicious, don\'t you think?

    So, who is Mr. Buckley?

    He\'s a \"former Navy flight pilot\" who also attended Top Gun flight school. Even though we were quite suspicious regarding former Navy flight pilot joining our industry, we gave him a chance anyways. Allegedly, he implemented many strategies which he learned during his flight school, into the options trading. However, at the end we still have no hard evidence to prove that anything that Whiz is trying to sell us, actually works. Based on that, we highly recommend you to NOT get in touch with this shady offer.

    trading signal service, shady offer, Whiz Buckley, Top Gun Options
    Scott Evans
    07.09. 2017 19:24  | 

    We encountered another suspicious offer that seems to be an asset management company. They are promising to increase your monthly profit even up to 24.8% and the least monthly return on investment is 13%. They claim that the money you invest into them is collected and deposited to the Forex market but they have no way of proving that. You shouldn\'t trust this suspicious offer and we mark it suspicious because they don\'t have any evidence to make us realize what they\'ll be doing with our money.

    Resonance Capital Scam: things to note

    Resonance Capital Group LP is the parent company of the Resonance Capital. Once we investigated that parent company we realized that we can\'t trust it since they didn\'t make things too clear when it comes to the legitimation.

    The only thing they showed is the Vanuatu Financial License but we realized that Resonance Capital wasn\'t on their list of regulated companies. Resonance Capital isn\'t registered in the UK either.

    What this website really is

    Once again we remind you that there are is proof that would settle things down regarding the money transactions. You could ask for broker statements but, just like everything else, these statements could be fabricated. Besides that, don\'t fall for systems which promise to triple your capital - that\'s not going to happen overnight, especially not with a scam like this one.

    Because there aren\'t any actual trades performed by this system, we can\'t make sure that it\'s capable of doing what we\'ve been promised. We highly believe that, once you make an initial investment, they may or may not return the 13-24% of that money within one month, but they would probably keep the rest of the money. Rest assured that this is not a genuine system that will help you increase the monthly income. Stay away from this scam!

    asset management company, suspicious offer, scam, Resonance Capital
    Scott Evans
    07.09. 2017 19:23  | 

    New trading system that got launched on August, 2017, is called the Facebook Auto Trader. There are two problems which we encountered quickly - this system has nothing to do with the Facebook itself and there\'s already Facebook Trader system out there. It actually operates within the automotive industry meaning that it has nothing to do with binary options.

    Facebook Auto Trader review

    Allegedly, you can generate great earnings by this system which, once again we repeat allegedly, analyzes social media data in order to realize what to do next.

    Another problem is that the so-called owner of the Facebook Auto Trader, Mr. John Thompson has no track record that would prove that he\'s a successful binary options trader.

    Who is the face behind Facebook Auto Trader robot?

    They said that John Thompson is the face behind Facebook Auto Trader robot but we didn\'t even see his face in the promo video. Besides his identity, we can\'t even verify his trading skills.

    Fake user profiles

    Even though there are some kind of testimonials, we soon realized that they used fake photos to create phony identities.

    Social media reviews

    Don\'t fall for their fake \"Social media reviews\". You should know that they made up those \"reviews\" meaning that you should not trust any of the reviews you see there. If you don\'t believe us, you can search for the reviewers yourself.

    No trading results

    The worst thing about this software, besides fake identities and fake testimonials, is that it shows no results. How are we supposed to trust a trading system if we can\'t see any results to prove its success?

    trading system, automotive industry, binary options, John Thompson, Facebook Auto Trader
    Scott Evans
    07.09. 2017 19:22  | 

    Binary options industry has received a new trading system - Automated Binary. Unfortunately the owner remains anonymous and because we\'re dealing with an anonymous service we have to have doubts about it.

    Automated Binary (Automatedbinary.com): Not a convincing product

    It didn\'t take us too long to realize that the owner bought a trading robot and just gave him another name. However, that doesn\'t mean that the robot is genuine. Since we didn\'t manage finding any track record, we have no evidence that this software is capable of performing successful trades and therefore we have no reason to trust it.

    A demo account worth $5,000 virtual money

    Binary options industry is well familiar with demo accounts and that\'s why we\'re instantly telling you to step away from it. Demo trading is fabricated so that you always win trades but demo trading has nothing in common with real trading. Don\'t fall for this lame trick!

    Website owned by an anonymous person

    This is probably the worst thing about this service - we have no idea who stands behind it. Not only that we can\'t contact the owner but we also have no idea who could that be.

    Trading strategy of Automated Binary

    Unfortunately, they didn\'t let us know of any strategies that their software uses. Actually, we have no idea how this software is even supposed to work. We believe that they didn\'t provide this information because their software can\'t actually do anything!

    Where is past performance

    There isn\'t any past performance! They didn\'t provide any track record meaning that we can\'t see if they have actually done something right.

    Summary of points to note

    Anonymous service with no track record and no strategy - this fraud shouldn\'t be discussed any further.

    trading system, binary options industry, anonymous service, fraud, Automated Binary
    Scott Evans
    07.09. 2017 19:21  | 

    1500perday.com offers $1,500 just by activating their software to the first 10 people. We decided to give it a try but we didn\'t get $1,500 for watching their video. Soon after the video ended, they started talking about promotions which offered good prizes - nobody ever mentioned the $1,500 again.

    1500 Per Day System: What you Should Know

    This trading system seems to have nothing in common with binary options actually. Besides earning $1,500 after watching the video, they said you\'ll be able to earn $560,000 within one year. Don\'t you think of 1500 Per Day as of an suspicious system? At the end, you are being offered a money-making system for free.

    Who is Robert Mitchell?

    Robert Mitchell seems to be the owner of the 1500 Per Day but we didn\'t get to see his face and we\'re quite sure that this identity is made up.

    1500 Per Day scam with more red flags to follow

    \"Live trades\" that were shown on their website are actually copied from a scam called Kiwi Method. Because of this, we think that the owner of Kiwi Method is the same guy who stands behind 1500 Per Day.

    1500 Per Day uses fake testimonials

    Rest assured that their testimonials are fake due to stock photos and made up characters.

    Unrealistic win rate

    Achieving 98% win rate is too hard for any human or robot. Also, if they are asking for $250-worth initial investment at least they could have gave us the real identity of the owner whose balance we were supposed to increase.

    So, why didn\'t we get our $1,500 after watching the video?

    It\'s simple - because this scam was never meant to give out money to anyone. We hope that you won\'t get in touch with this or any similar offer.

    trading system, binary options, suspicious system, scam, Robert Mitchell, 1500 Per Day
    Scott Evans
    07.09. 2017 19:20  | 

    New trading robot that we\'ve noticed is the ZE Forex. Allegedly, its purpose is making trading Forex easier and more lucrative, even for new traders. However, we found out that it\'s associated with other scams such as Trader\'s Formula, My Online Trading and Trader Formel. Because of this connection, we have no other choice but to mark it as a shady offer.

    ZE Forex overview and proof of scam

    Their sales page is what made us spot the connection between ZE Forex and other scams (Trader\'s Formula and others). The same promo video was seen within the promotion of the Trading App and Amissio Formula. We do realize the point of marketing but this is just an attempt to trick the people.

    Even their testimonials were copied from other scams\' websites. Rest assured that David Jones is not an actual character. We also found out that they\'ve been using a picture which was originally uploaded to the Balance Treatment Center website. With fake photos and testimonials, how are we supposed to trust this offer?

    First impression of this site

    They haven\'t used anything that we haven\'t seen before. Old tricks and lame approach are not going to trick us. Fake logos as well as made up names and identities will not make us fall for this fraud.

    The sales video

    During their sales video, we didn\'t hear any relevant information. At the end of that video, we still didn\'t know how was their software supposed to work and who\'s standing behind this entire offer.

    More promotion with empty promises

    They are talking about trading Forex but they didn\'t mention the number of pips that were gained nor about the MT4 results. This is why we can\'t trust this \"trading robot\".

    Reality check

    Even though trading Forex includes opting for Buy/Sell options, they offered options called \"Up\" and \"Down\" - this is how we realized their software has nothing to do with trading Forex signals.

    trading robot, Forex, shady offer, fraud, ZE Forex
    Scott Evans
    05.09. 2017 18:18  | 

    Latest trading platform is called Seven Figure Cash Code and it promises us $1,000 per day. It operates with binary options and it costs $97 and you\'re good to go. This offer seems good (a little too good) so we decided to see what we can find out about it.

    Who stays behind Seven Figure Cash Code?

    We remain clueless of who runs this Seven Figure Cash Code offer. They didn\'t give us any information about this anonymous service, not even on their website sevenfigurecashcode.com. Without relevant information about the owner we can\'t trust this offer.

    How Seven Figure Cash Code Works?

    Unfortunately this is another thing we didn\'t manage finding out. All we managed to find out is that it works by using leverage effect, which means that you get a commission for selling their products online. However, this isn\'t enough of an explanation.

    Disturbing things found!

    Another problem is that they used fake testimonials and paid actors. Fake photos and fake names were used in order to create \"testimonials\" and they even hired actors for their promo video, who were supposed to make us trust this software. All of those reasons are helping us realize the one thing that we thought of at the exact beginning - we\'re dealing with a scam.

    Seven Figure Cash Code Scam Review - Conclusion!

    Our thorough investigation was supposed to help you realize the truth behind this marketing wall that they provided. Fake statements, made up characters and paid actors - this should be more than enough to throw away this offer and mark it as a scam.

    trading platform, binary options, anonymous service, scam, Seven Figure Cash Code
    Scott Evans
    05.09. 2017 18:16  | 

    Order Flow Analytics is an Forex educational service. This service talks about eliminating complexities of trading and other enthusiastic but hard-to-achieve things so we decided to check it out.

    Order Flow Analytics: Fancy names mean nothing as far as your trading is concerned

    First of all, you should know that Don Vaello is the name of a person standing behind this unreliable system. No matter what this guy tells us, keep in mind that he doesn\'t have any track record meaning that we can\'t verify his trading skills.

    Even though he mentioned he\'s operated with 100% accuracy, when asked for track record, he said he didn\'t have any because all of this was just for the educational purposes.

    Products offered by Order Flow Analytics website

    Amongst many, one of the things you could have bought from their website is a $2,500 worth boot camp.

    Nothing new about Order Flow Analytics indicators

    So-called volume visualization is nowhere near \"unique\" trading indicators. It\'s something that people have discovered long time ago and Order Flow Analytics just put it all together. No matter what he talks about, the strategies and the algorithms, at the end we need results and evidence. However, this guy expects us to invest couple of thousands of dollars into someone\'s system without even seeing his track record or any other evidence.

    Verifying results as shown in one of the videos at Order Flow Analytics

    Don Vaello sure was a smart salesman but he has never traded in his life. We shouldn\'t trust \"traders\" and \"trading advices\" without them having actual trading experience. That\'s why we\'re marking Don Vaello\'s educational service as a scam.

    Forex educational service, unreliable system, scam, Don Vaello, Order Flow Analytics
    Scott Evans
    05.09. 2017 18:14  | 

    Dr. Al Larson is the owner of moneytide.com which seems to represent some kind of energy field trading. This guy talks too much about too weird things, starting with energy field trading, to day trading and astro-physics, and many other Forex related things.

    Money Tide Review: This is a silly joke

    Website promotes signal service and some kind of educational platform. Price range for courses advertised on this website goes from $300 to more than $2,600.

    Overview of Money Tide website

    Besides moneytide.com there are Larson\'s videos on YouTube as well! Generally, moneytide.com doesn\'t offer anything that would help you step up your trading skill. Rather leave it aside then spending your time on this interesting but useless system.

    His alleged track record

    He claims that he has never lost a trade once he found some secret energy formula. If we were to believe his records, he hasn\'t lost a trade since 2002 and he\'s earned more than $4,000,000 so far. However, we\'re not going to trust that extreme claims without hard evidence.

    Speaking with Dr. Al Larson

    Even though he\'s a scientist, and we\'ll remind you that scientists work with evidence and facts instead of believes and hopes, he didn\'t give us the evidence we wanted to see. We reached him and we were honestly hoping that he would prove his amazing statements, but unfortunately, that\'s not what happened. We soon realized that we shouldn\'t be spending more of our precious time arguing with this guy. We can just let you know that this system is too suspicious to be true so we\'re marking it as a fraud and we highly recommend everyone to stay away from it.

    energy field trading, signal service, Forex, fraud, Dr. Al Larson, Money Tide
    Scott Evans
    05.09. 2017 18:12  | 

    Latest trading software that operates with binary options is the GatesWay software. Allegedly, you\'ll be able to earn up to $237 per day and it\'s easy to use.

    Who stays behind GatesWay?

    They said that Bill Gates is the main investor. It should already be clear that we\'re dealing with a fraud since they are mentioning Bill Gates.

    The alleged manager of this fraud is Mr. Michael Yantier. However, we found out that this name was made up and that we\'re dealing with a fake character. They didn\'t actually give any relevant information about the owner nor the company on their website economynews-break.com/members/.

    How GatesWay Works?

    It\'s, as they say, based on an algorithm that brings 77% accuracy and it allows you earnings of no more than $200 per trade.

    Disturbing things found!

    Thanks to fiverr.com we found out that they were using paid actors. Based on made up characters and paid actor we really can\'t fall for this lame trick.

    They also mentioned that this software is completely risk free. There\'s no such thing as risk-free when it comes to anything and especially not in the financial industry.

    What happens when you register on economynews-break.com/members/ website?

    As soon as you sign up for an account you\'ll be offered to try out their demo account. Don\'t do this! It\'s programmed in such way that you\'ll always be winning trades - that\'s how they want you to think that their software is genuine and lucrative.

    GatesWay Scam Review - Conclusion!

    Based on everything we found out regarding this offer, we hope that you\'re now completely sure that GatesWay is nothing more than a lame fraud. Make sure to stay away from it!

    trading software, binary options, financial industry, fraud, Michael Yantier, GatesWay
    Scott Evans
    05.09. 2017 18:10  | 

    Latest money-making scheme is the \"Free Money System 2\" which doesn\'t even have fully deployed website (it\'s under construction).

    Free Money System 2 is quite an suspicious offer and we recommend you not to take any further actions before reading our honest review.

    Evidence that Walter Green\'s Free Money System 2 is scam

    Their official website is freemoneysystem2.com but they, at the moment we were checking it out, still didn\'t launch it.

    Don\'t get too excited about the promoters - they are just paid actors, just like Mr. Walter Green (Dennis Fitzpatrick). Check out Fiverr to realize what we\'re talking about.

    More fake testimonials

    Even though their website was registered on 23rd of August, 2017, there\'s some guy called Dennis claiming that he started using Free Money System 2 three years ago. We even found out that the owner could be the creator of another scam called Millionaire Blueprint.

    This offer seems like a relaunch of the scam that tricked many people before. Therefore, claims like \"Earning $32,000 within 4 weeks\" are completely unreliable. Everything about this offer seems fake.

    The sales pitch explaining the mystery behind the Free Money System 2 software

    Allegedly, first version of this system was launched in 2013 by a guy called Mr. Walter Green who tried to sell us many stories. However, there\'s no evidence to prove trustworthiness of his stories.

    Another problem is that this actor just told us a story that we\'re all used to when it comes to binary options scams - they all speak the same.

    Why this software is an absolute scam no matter how you look at it

    The last time we encountered this scam, it had all the elements of a pure scam - fake testimonials, promo video that\'s highly childish and unreliable and absolutely none relevant information. That\'s why we have no other choice but to mark this offer as a scam.

    money-making scheme, suspicious offer, scam, Walter Green, Free Money System 2
    Scott Evans
    05.09. 2017 18:08  | 

    Asset management firm that\'s been operating since 2011 is Forex Manager9.

    Besides having no track records, they are offering you earning $6,000 within 6 months, if you invest $10,000 into their system. This shady offer doesn\'t seem as promising to us so we don\'t recommend investing that much money into it.

    Forex Manager9 review and evidence that this is a scam

    Even though they claim that they are operating since 2011, we found out that their website was initially registered in 2017.

    One of their claims says that they are managing more than $200,000 in client portfolio.

    How does Forex Manager9 manage Forex accounts?

    Based on what we\'ve discovered, we can\'t let you know if they are capable of withdrawing money from your trading account, or not - this is because they haven\'t mentioned LPOA.

    Trading performance

    They didn\'t provide any evidence of their \"hard\" and \"successful\" work, and yet they expect us to trust them when they say that they operate with $200,000 in client portfolio. Quite unimaginable. Evidence is the key to success when you\'re trying to gain someone\'s trust.

    We can\'t let you know of their trading performance when there\'s no actual sign of active trading by this firm. We even believe that their results in the myfxbook are messed up since there are some unusual records and stops. This is too suspicious.

    Who\'s behind Forex Manager9 website?

    Unfortunately, the people or the company that stands behind the Forex Manager9 didn\'t introduce themselves. Without relevant information about the owners, there\'s no way we would ever trust such bogus company.

    asset management firm, shady offer, bogus company, Forex Manager9
    Scott Evans
    05.09. 2017 18:06  | 

    Here\'s a trading system that seems to be a relaunch of Dream Profit System and Dream Profit Survey scams. However, since we found this out later on, we first had to investigate this offer and we\'ll show you what we\'ve encountered. Allegedly, this system promises earnings of $150,000 per month. The reason why their website is popular is that they have a great salesman but they sure won\'t help you earn $150,000 by trading binary options.

    Dream System: the product description

    Not only that they didn\'t explain how their system actually helps you generate $150,000 but they also didn\'t give us any evidence that their system actually IS capable of doing such thing for us. On top of everything, they mentioned that their system uses Fiber network (currently fastest network that\'s still under development and in the testing phase).

    Who owns Dream System?

    The first name we encountered on their website is Matthew Warner who seems to be a owner of this offer (or just a salesman). This guy is offering a chance for becoming a millionaire to 15 people.

    One of the problem, besides not knowing if this is the real identity, is that you don\'t know where would that money come from - one survey isn\'t enough to set things down! Also, if his system can help you generate $150,000 then why would he offer additional money to some people?

    He also mentioned that he was working for the Wall Street but he didn\'t show us any track record, names of companies that he was involved with, etc. Regarding his offer, rest assured that at some point you\'ll have to invest $250 into your broker\'s account.

    Dream System is part of a larger scam circle

    Dream Catcher is just one of the scams that were launched by the same group of scammers that stand behind the Dream System. We believe that you\'ve seen enough of evidence (or, better said, lack of their evidence) to realize that this scam should be avoided big time. Trade safe!

    trading system, trading binary options, relaunch, scam, Matthew Warner, Dream System
    Scott Evans
    05.09. 2017 18:04  | 

    On DiamondSetups.com you can find a day-trading room which seems to be the signal generator as well. However, we found out that Diamond Setups isn\'t associated with the Diamond Investments at all. The membership costs $99 per month and the owner\'s name is Renato Santos.

    Diamond Setups Review: what you should know

    Renato Santos guarantees that his day-trading room can help you earn $300,000 with investing as little as $5,000. His signals are successful 99% of the time. However, it\'s hard enough to believe such high numbers, but it\'s even harder once you hear his \"wild\" stories that sound too ridiculous and movie-like to be trusted.

    Another problem is that there are no records of Renato\'s past trades. Either he\'s never traded before or there\'s something very strange about all of this.

    Diamond Setups owner

    Trading diamonds in the forests of Brazil is just one \"wild story\" that we\'ve heard from Renato. Based on many contradictions and senseless claims related to his story, we realized that this suspicious offer is actually a fraud.

    Even though he claims to be a professional trader at Diamond Setups, we highly doubt that he\'s any kind of a trader, and especially a professional diamond trader.

    Claims that he has proof of performance

    Allegedly, he promises 99% success rate. This is too ridiculous and unachievable to even discuss. We can also see many \"winners\" and \"winning trades\" on his website but there\'s no actual proof of that. He\'s also talking about an account that had $10,000 in 2015 which would have, by Renato\'s words, earned more than $10,000,000 by this moment. However, no sign of that account for now.

    Reaching out to the owner of Diamond Setups

    Once contacted, Renato said that his trading results as well as any other evidence isn\'t important. This is the last thing that made us stop any further investigation and finish this review with marking it as a FRAUD. Trade safe.

    day-trading room, signal generator, suspicious offer, fraud, Renato Santos, Diamond Setups
    Scott Evans
    05.09. 2017 18:02  | 

    Invest into a bogus system can be as bad as throwing money into the river. That\'s exactly what would happen if you invested into the Binary Trading Experts trading system. You can easily spot fraudulent offers just by noticing if they are using any of the extreme luxuries such as Lamborghini, models, big houses and so on. That\'s exactly how we realized binarytradingexperts.com was unreliable.

    The Binary Trading Experts Review: the truth

    Even though, at the beginning of their promo video, they said that nothing can turn you into a millionaire within short amount of time, they soon started \"guaranteeing\" such thing. They mentioned binary options but they don\'t seem to have any records that would make us believe that they are operating with binary options.

    Binary Trading Experts and the person pulling the strings behind the scenes

    Travis Cane seems to be the owner of this fraudulent offer. He talks about great wealth without any broker statements to prove it. Also, he talks about that wealth moments after saying that you can\'t become a millionaire overnight. There\'s also certain guy Michael mentioned, but we didn\'t even see Travis in the promo video and we sure didn\'t see Michael either. We can\'t just blindly trust faceless characters.

    The win rate: it\'s quite unrealistic

    They claim that their software operates with 97% win rate. We hope that we don\'t have to mention that 97% win rate has never been achieved and especially not maintained by any human or software. It\'s simply impossible to reach.

    Another reason we don\'t trust this bogus system is that they didn\'t give us any information on how this software actually works. Without such relevant information, we have no other choice but to mark this offer as fraudulent.

    trading system, binary options, bogus system, fraudulent, Travis Cane, Binary Trading Experts
    Scott Evans
    05.09. 2017 18:00  | 

    Binary Robot WS is the new auto-trading software that got launched into the binary options industry. It\'s free of charge and easy to use.

    Who stays behind Binary Robot WS?

    We didn\'t manage finding out who stands behind the Binary Robot WS. Because of this anonymity (due to lack of information), we need to be careful about this shady offer.

    How Binary Robot WS Works?

    They didn\'t say anything regarding the strategy or the algorithm. They just said that their software never loses trades.

    Disturbing things found!

    This software is actually based on generating signals. We remind you that generating signals is considered as giving financial advice and that\'s kind of activity that requires a license to be owned in order for the activity to be legal. They, however, didn\'t even introduce themselves and they sure didn\'t show their license.

    91% winning rate was mentioned as well. There\'s not a single thing that could convince us that a software can achieve and maintain such high winning rate.

    More alarming things!

    They showed us some records that occurred way before the June 2017, which is the moment when their website got registered.

    On top of everything, we\'re dealing with an automated software. This means that, no matter what you think, you\'re not in charge of your account.

    Binary Robot WS Scam Review - Conclusion!

    This shady offer had us thinking whether our doubts were right or not and that\'s why we decided to investigate it. Our deep investigation helped us realize what we\'re actually dealing with. Thanks to everything we found out, we find it easy to conclude that Binary Robot WS is just a scam which you should stay away from.

    auto-trading software, binary options industry, anonymity, shady offer, scam, Binary Robot WS
    Scott Evans
    31.08. 2017 11:18  | 

    New trading platform that seems to be social media is a new thing in the financial industry. There are three different ways of trading binary options.

    United Trading Network Scam Review - All you need to know!

    Young entrepreneurs came up with this easy-to-use trading platform.

    Who are the people behind this UTN invention?

    The creators are Matt Kirby, Jaleel Bashir, Adam Fletcher and Lydia Williamson.

    How United Trading Network Works?

    Automated and semi-automated trading methods are based on sentiment reading algorithm. This means that the system trades trends which are supported by the news from social media.

    Last type of trading is based on manual trading which is guided by expert\'s trades.

    You can trade commodities, stocks and indices, etc.

    Educational Center of United Trading Network!

    Registration is free and you immediately get access to the educational trading center. There are all kinds of tutorials and guides.

    What is our experience with the system?

    By testing trading with this system we managed to achieve 80% accuracy.

    United Trading Network - Endorsements and Testimonials?

    Feedback is the most important thing.

    Based on everything that we found online while investigating this trustworthy offer, we can conclude that this offer is worth trying!

    United Trading Network Scam Review - The Conclusion!

    Because we encounter tons of shady offers every day, it\'s hard recognizing a trustworthy offer once in a while. However, United Trading Network is definitely one worth trying. See for yourself and increase your monthly income!

    trading platform, social media, financial industry, trading binary options, trustworthy, United Trading Network
    Scott Evans
    31.08. 2017 11:16  | 

    Success Circle software is the newest trading software that operates with low risk. It\'s free of charge and completely automated.

    Who are the people behind Success Circle Software?

    We\'ve heard names such as George Soros, Warren Buffet, John Paulson and many others, but we didn\'t actually realize who was the owner of this offer nor who is the company that stands behind this shady system.

    How Success Circle Software Works?

    It\'s all about systematic method, knowledge and persistence but that\'s all that gave us. They still didn\'t say how this software works.

    Disturbing things found!

    In promo video they shown us how $250 of initial investment turned into $14,417 without winning any trades.

    On top of phony promo video, they used fake testimonials as well. On successcircle.co we can see people \"joining\" this system way before the 31st January 2017, which is the day that this site got launched. They used stock photos and made up names to fake testimonials.

    What happens when we register on successcircle.co website?

    As soon as you sign up for an account, they will get some broker associated to your account without your knowledge nor permission. Not only that you won\'t get to choose the broker but you also won\'t know who is the broker that got associated to you. If you can\'t make sure that the broker owns a license, you shouldn\'t trust nor invest into this shady system.

    Success Circle Software Review - Conclusion!

    We believe that we\'ve showed enough evidence for you to realize that Success Circle is a scam which you should stay away from.

    trading software, shady system, scam, Success Circle
    Scott Evans
    31.08. 2017 11:14  | 

    Latest trading system that got launched into the binary options industry is the Retired Millionaire. You\'re guaranteed to earn $500 per day using this simple automated system.

    Who stays behind Retired Millionaire?

    Mr. Greg Larson stands behind this software. However, we can\'t confirm who this guy is, whether he is real or just a made up character, and we also can\'t confirm whether he actually stands behind this offer. Not even retiredmillionaire.co could give us any information. Anonymity is a major turn-down.

    How Retired Millionaire Works?

    This is the biggest problem - we have no idea how this software works. How are we supposed to trust it and know for sure that we\'ll earn $500 if we have don\'t know how it works?

    Disturbing things found!

    They used paid actors in order to promote this system and that\'s the reason why we can\'t trust this entire offer.

    Another problem is that they faked testimonials as well. They showed some records occurred on 3rd January 2017 but we found out that their website was registered on 8th January 2017.

    More alarming things!

    Broker is one of the most important things when it comes to trading and the binary options industry, and they haven\'t mentioned it at all. You have no idea who is their broker that you\'ll get associated to and you also don\'t know whether the broker owns a license or not.

    Rest assured that once you invest money into this system, you won\'t have any control over it.

    Retired Millionaire Scam Review - Conclusion!

    Unfortunately we didn\'t find any promising information that would make us trust this offer. We mark Retired Millionaire as a scam and we hope that you\'ll stay away from it.

    trading system, binary options industry, anonymity, Greg Larson, Retired Millionaire
    Scott Evans
    31.08. 2017 11:10  | 

    Allegedly, this trading system can generate you $5,000 within 1 day and also $1,3 profit within 30 days. Not only that they guarantee you great earnings but the owner of this software, Angela Stevens is \"ordered\" to pay you $500,000 via wire transfer. It\'s free to use and seems lucrative.

    Who is Angela Stevens?

    The alleged Robert Stevens\' daughter. She claims to be quite successful with her stories published in all popular news medias. However, we didn\'t find any of the popular \"stories\" meaning that we could be facing a phony system here.

    How Guaranteed Money System Works?

    All we\'ve heard of is that this software guarantees 100% winning rate, great earnings etc., but they didn\'t give us any details on how this software is supposed to generate us money.

    Disturbing things found!

    Alleged Joshua Goldberg who showed up in documents works for the Goldberg Cohen and Associates which turns out to be a non-existing company. This is a huge turn-down for us.

    They tried to fake testimonials by showing some records that occurred way before the site was launched, which happened on 29th December, 2016.

    More Alarming Things!

    The way they showed us how their software works is pathetic. They used bad Photoshop skills to show us how this software \"works\". They even used pounds instead of dollars. The presentation also seems to be launched before the site and system itself.

    Another lame thing Angela showed us is earning $5,784 while being offline. Don\'t fall for this pathetic claim.

    They showed us some fake numbers on guaranteedmoneysystem.com but that didn\'t fool us. On top of that, they used paid actors which were used for other scams before, like Obcasio and Insured Trading.

    What happens when you register on guaranteedmoneysystem.com website?

    After completing the registration, you\'re asked to invest $250 into your account. They didn\'t mention brokers at all, even though they are the crucial thing when it comes to trading in the financial industry. Also, you don\'t know names of their \"brokers\" so you can\'t make sure whether their brokers are unregulated or legitimate.

    Guaranteed Money System Review - Conclusion!

    Unrealistic claims, fake testimonials and bunch of unreliable information is what made us realize Guaranteed Money System is a pure fraud! Stay away from it.

    trading system, phony system, financial industry, fraud, Angela Stevens, Guaranteed Money System
    Scott Evans
    31.08. 2017 11:08  | 

    Latest money-making scheme is the Fintech Profits, which was created by George. Allegedly, you can earn up to $550 just by watching their promo video and promises to give you $1100 if you don\'t get your $550 right away.

    Our investigation on fintech-profits.com will show whether these were true promises or fake ones.

    Fintech Profits Scam Review - All you need to know!

    They didn\'t even give us the last name of the so-called owner and CEO of this suspicious offer. Because we have no further information about this owner nor the company, we can\'t trust this system yet.

    How Fintech Profits Works?

    All we managed to find out is that this is a trading system which copies trades from other traders.

    1. This means that the system is not automated/
    2. We have no idea who are these \"traders\" whose trades we are about to copy.

    Testimonials of Fintech Profits?

    They used paid actors in order to create fake testimonials but they didn\'t manage fooling us and neither should manage fooling you. It\'s too lame to actually trick anyone.

    Outside endorsements?

    Feedback is crucial and there isn\'t any feedback regarding this software. We couldn\'t find any mentions of this so-called money-making scheme online. The golden rule is - if the Internet doesn\'t know about it, it\'s most likely that nobody knows about it.

    Fintech Profits Scam Review - Conclusion!

    We hope that we\'ve provided enough statements for you to realize what this is all about. This \"money-making scheme\" is actually a lame scam that is supposed to trick people into wasting all of their hard-earned money on this system. Don\'t fall for this scam!

    money-making scheme, suspicious offer, scam, George, Fintech Profits
    Scott Evans
    31.08. 2017 11:08  | 

    New trading system is Forex Maverick and it was developed by Frederick King. The creator of this system claims that you can earn $100,000 using this system.

    Who is Frederick King?

    He is the CEO of the Forex Maverick. We found out that Forex Maverick company doesn\'t exist. We\'ve also seen many marketing tricks used on their website meaning that we can\'t trust it just like that. It\'s too shady to be trusted.

    How Forex Maverick Software Works?

    Unfortunately, we have no idea how this software is supposed to work.

    Disturbing things found!

    Even though Forex Maverick is supposed to be MT4, it\'s represented as a binary options trader.

    They also said that you\'ll be able to earn money while being offline. Do not fall for this ridiculous promise! When operating in the financial industry especially with trading assets, you won\'t be able to earn anything while being offline!

    Even though traders are promised to earn $100,000 the owner didn\'t leave any contact info which we could use in order to get to him. Howe are we supposed to know and trust that we will be paid?

    More Alarming things!

    They used fake testimonials and it wasn\'t hard to figure it out. We can see Mr. Charles Newman earning $123,268 way before the website was even registered and launched, which occurred in February 2017.

    What happens when you register on forexmaverick.com and forexmaverick.co website?

    As soon as you sign up for an account on forexmaverick.com or forexmaverick.co, you just get stuck with bunch of promo videos. Eventually, you\'ll be asked to invest into broker\'s account without knowing who your broker is. On top of that, our broker seems to have none connection with meta-trader 4, which we heard about during their promo video.

    The fact that you have no idea what\'s the name of your so-called broker, you can\'t make sure if the broker owns a license or not. That\'s a huge turn-down.

    Forex Maverick Software Review - Conclusion!

    Based on everything that we found out during our thorough investigation, we can easily conclude that Forex Maverick is nothing more than a lame scam. Keep trading safe!

    trading system, shady, binary options trader, scam, Frederick King, Forex Maverick
    Scott Evans
    31.08. 2017 11:06  | 

    Latest investment opportunity is the Agora Financial and it\'s specially made for North American citizens.

    The Agora Financial Review - All you Need to know!

    The creator of this system is Mr. Jim Rickards.

    Allegedly, the Agora Financial was supposed to reach its high-point in April 2017 and that\'s something Mr. Jim promised.

    Agora Financial Review - Who is Jim Rickards?

    Regular financial commentator and American lawyer as well as author of bestseller called \"Currency Wars: Making of the News Global Crisis\".

    What Agora Financial Is?

    After predictions made by Jim, the system is created in a way to provided strategies involving the gold commodity. Based on everything Jim showed us, it seems that the US Dollar will lose power.

    What we\'ll be looking for?

    • Banks emptying their volts.
    • Market experiencing a breakdown similar to one in the 2008.
    • Credit cards losing their value.
    • US losing leverage by many means.
    • US tax soaring.
    • China, among others, buying tons of gold.

    Agora Financial is actually 200-pages document explaining what\'s going to happen and how to react according to it.

    Few important topics covered - The Agora Financial manual!

    1. Page 169 - \"old but gold\" secret about gold being the storing value.
    2. Page 154 - how to store gold.
    3. Page 165 - revealing most common mistakes that gold investors made.
    4. Page 154 - how to avoid gold confiscation.

    Why we think that Agora Financial is a good investment opportunity?

    Based on our history, we should\'ve learned that investing in gold during the time of crisis is a good investment. Jim Rickards and his strategy is all about handling crisis and doing it the right way.

    The reason why we should trust this system is because they are revealing facts and not promises or unchecked statements.

    Agora Financial Scam Review - Summary!

    What Jim Rickards told us will happen sooner or later. Better be prepared than surprised!

    investment opportunity, strategy, predictions, Jim Rickards, Agora Financial
    Scott Evans
    31.08. 2017 11:04  | 

    Kam Dhadwar is the CEO of trading school called Trading Framework. This platform also offers live trading room which, by the way, has nothing to do with live action.

    There are even tracks of people demanding a refund which they never received. All of this alludes that we\'re dealing with some unreliable offer.

    Overview of the Trading Framework

    Allegedly, live day trading room is located in the UK, and it\'s a place where Kam tutors newbies. By investigating this Kam we found out that he\'s been in the trading industry for a long long time.

    His website was renamed many times and he advertised it on the most popular social medias.

    The offer seems to be quite expensive, costing $3,500 and he also asks users to join his \"religious dancing ritual\" which is really creepy.

    Complaints against Kam Dhadwar and his trading school

    Many people have complained about not achieving any success even though they paid the entire amount to Kam Dhadwar.

    One of the interesting things is that Kam Dhadwar seems to have never actually rolled a trade even though he\'s been around trading for a long time. This is the information that came straight from Trading Framework users.

    Users claimed that they\'ve heard too much talking from this guy but never seen any real action. Allegedly, he encountered many situations where he could\'ve done much just by making a smart investment but he failed. How are people supposed to trust a trading school ran by a \"trader\" who never made a trade?

    trading school, trading industry, unreliable offer, Kam Dhadwar, Trading Framework
    Scott Evans
    31.08. 2017 11:02  | 

    Steady Capture FX is a trading system that operates with Forex signals. It\'s associated with ForexSignals.com and it offers Forex accounts as well.

    This system has been up for some time and you should know what it\'s all about.

    Review of Steady Capture FX

    Based on some thorough analysis, their system offers various financial instruments. It usually operates during the market\'s ranging mode and it offers trading gold and silver.

    Eventual trades would be opened lasting for even a week, even though the trades usually last 12 hours.

    Allegedly, draw down percentage is under 30%. You should know that this represents a very high target that few people would opt for. Also, the leverage ratio is 150:1 with running 14 trades at the same time.

    Who is behind this trading service?

    This is actually an anonymous service because we couldn\'t find out who stands behind this offer. They just kept talking about things that aren\'t nearly as relevant as information about the owner or the company we\'re dealing with. We also have no idea about their previous activities.

    Pricing and other truths that you need to know

    They haven\'t mentioned a single price on their website and that\'s one of the huge turn-downs.

    However, the lowest price for managed account service is $1,000. On top of everything, they deduct 30% performance fee right before the beginning of next month.

    Steady Capture FX myfxbookresults

    Even though they do have mfxbook account, their past results are not that great. They didn\'t even verify their account - this is one of the turn-downs as well.

    Affiliations with ForexSignals.com

    Steady Capture FX seems to redirect clients to ForexSignals.com. However, we investigated ForexSignals as well and we don\'t think it\'s good idea to invest into them. At the end, we have no trustworthy information about the Steady Capture FX nor about the ForexSignals.

    trading system, Forex signals, anonymous service, Steady Capture FX
    Scott Evans
    31.08. 2017 11:00  | 

    8 Binary Robot is a trading platform ran by people who remain unknown to its users. They used Option Robot\'s brand and \"made it\" theirs. This means that they still don\'t have any specific name for their own product. Another problem is that their website is filled with things from other websites - plagiarized content is a major turn-down.

    Biggest problem is that they didn\'t tell us how is this robot supposed to work.

    8BinaryRobot.com/en review and shocking truths

    Allegedly, their system is using some risk-managing algorithm. This means that you can choose between Martingale, Classic and the Fibonacci system.

    We remain clueless of what this software is capable of doing and whether it can do anything or if it\'s just a bogus system.

    The alleged winning trades

    On their website they used same video that was used for Option Robot. This is another proof that the creator of this offer just copied everything he could\'ve found and didn\'t even try hard to make it look like it\'s his.

    They just edited some pages and pictures so that it looks like it\'s related to 8 Binary Robot but they didn\'t do it properly. Also, they don\'t have any evidence to prove that the software can achieve 83% win rate.

    Demo account

    Do not try out their demo account! Trading with demo account has nothing in common with real trading due too many reasons such as real market flow, real money, etc. You\'ll just end up losing your hard-earned cash.

    Who owns this site and robot?

    We know why they didn\'t want to tell us who stands behind this offer. It\'s because they didn\'t want us to find the owner of this scam! We couldn\'t find the information who hosted their website and they didn\'t even offer the About Us page which would tell us any relevant information or contact info.

    Are there any reviews or testimonials?

    Even though other platforms didn\'t mark this offer as a scam yet, it doesn\'t mean that we won\'t. We might be one of the few who noticed this scam and decided to bust it.

    trading platform, unknown, bogus system, scam, 8 Binary Robot
    Scott Evans
    30.08. 2017 21:20  | 

    new automated software Roulette Bot App has been released into the world of betting. It\'s free of charge and it allows experts as well as newbies to bet in one of the best casinos in the world.

    Who stays behind Roulette Bot App?

    The first problem we encountered while investigating the roulettebotapp.com is that they didn\'t provide any relevant information. We have no idea who stays behind this offer nor how to contact that person or company. Anonymous service should never be trusted.

    How Roulette Bot App Works?

    This app allows you to switch between multiple strategies such as Reverse Martingale, Fibonacci, etc.

    Allegedly, Roulette Bot App tracks and analyzes all past bets.

    Disturbing things found!

    As soon as you sign up for an account, they offer you to try out their demo account. Do not do this! Demo trades are programmed in a specific way which makes all trades / bets winnable for you. This is their way of trying to make you think how their software is genuine and they hope that \"demo trading\" would be enough to make you invest into them.

    The house always wins - and this is exactly why casions won\'t let any software like this stick around.

    Roulette Bot App Scam Review - Conclusion!

    We believe that we\'ve provided enough evidence for you to realize that Roulette Bot App is a bogus app that won\'t bring any good to you. Stay away from it!

    automated software, betting, anonymous service, bogus app, Roulette Bot App
    Scott Evans
    30.08. 2017 21:18  | 

    This auto-trading software analyzes popular posts from social media and predicts market movement. It operates with 87% accuracy and guarantees that you\'ll earn $1,492 within a day. They even offer to lend you $250 for the initial investment and you can pay it back once you earn $10,000. It\'s automated, almost free of charge and you don\'t need to be a trading expert.

    Who is Jason Clark?

    They claim that Mr. Jason is a CEO of RefFeed, but we found out that there is no such company. We also didn\'t find anything on reffeed.net that would give us any information about the owner or the company that stands behind this fraudulent system. On top of that, Jason, the person we saw in promo video, is a paid actor.

    How RefFeed Works?

    By analyzing popular posts from social media, it somehow connects them to stocks and predicts movements. We are not buying this story, especially since they say that the software analyzes 15,000 GB of data every hour.

    Disturbing things found!

    They used paid actor and they also promised to give you money which they\'ll later on take it back? When did you ever hear about a company that offers money to its members without asking them to do something first.

    What happens when you register on reffeed.net website?

    There\'s a catch if you want to get $250 from them - you have to invite 10 friends.

    After you sign up for an account, you\'re offered to try out their demo account. Do not do this! Keep in mind that they are programming demo accounts in a way that it will always grant you winning trades, hoping to trick you into trusting this software and waiting for you to invest in it.

    Don\'t forget that trading requires a broker and they didn\'t mention any broker names. How are we supposed to trust them, if we can\'t find out whether their broker owns a license or not?

    RefFeed Scam Review - Conclusion!

    RefFeed is a bogus offer that some people had to invest into in order to find out. On the other side, you have the chance not to please the scammers! Our review should be more than enough for you to realize how fraudulent RefFeed is and we hope that you won\'t make the same mistake that other people have made.

    auto-trading software, fraudulent system, bogus offer, Jason Clark, RefFeed
    Scott Evans
    30.08. 2017 21:16  | 

    Another auto-trading robot has been released into the binary options industry, and it\'s the Profit Maker Method. It\'s automated, free of charge and it guarantees that you\'ll be earning $2,300 per day just by investing $7.

    Who stays behind Profit Maker Method software?

    The alleged developer of Profit Maker Method is Mr. Timothy Hollingdale. Besides information on profitmakermethod.biz we couldn\'t find anything else about this guy, and he is supposed to be some important guy related to big banks. Without any information nor contact, we assume that this is just a paid actor pretending to be some made up character. Anonymity is never good!

    How Profit Maker Method Works?

    This software promises 96% profit by working 24/7. Financial industry is a place where profit won\'t go over 75% - 80%, and it especially won\'t reach 96%. Earning $2,300 per day is a ridiculous statement!

    Disturbing things found!

    On profitmakermethod.biz we can see fake testimonials. They used stock photos and made up names such as Sally Garcia for example.

    They claim that withdrawals can be made every morning. You should know that withdrawals usually take up to 2-3 business days to be processed.

    Rest assured that when you\'re using the automated mode, you have no control over your balance.

    Profit Maker Method Scam Review - Conclusion!

    Based on everything we found out, we are afraid that Profit Maker Method is a fraud that ripped off many people. That\'s why we hope that our scam review will help prevent those fraudsters from scamming more people! Trade safe.

    auto-trading robot, binary options industry, anonymity, fraud, Timothy Hollingdale, Profit Maker Method
    Scott Evans
    30.08. 2017 21:12  | 

    New signal generator that has been around the financial industry is the McDonald Millionaire App. Operating with 89% accuracy, this software guarantees that you\'ll earn up to $7,000 per week. It\'s automated and free of charge, and previous experience is not required.

    Who is Robert Mfune?

    They said that Robert Mfune is a CEO of this app, even though there is no such thing as CEO of a software. We didn\'t find out who stands behind this suspicious offer but we did find out that there is no such company called McDonald Millionaire App.

    How McDonald Millionaire App Works?

    This signal generator uses some extremely good algorithm that analyzes all past trades. However, they just said WHAT their software does, but they didn\'t explain how it manages doing all of that.

    Disturbing things found!

    Rest assured that generating signals is considered as giving financial advice which is considered as a activity that requires owning a license in order for the entire process to be legitimate.

    When you are in the financial industry, trading binary options to be precise, you need a broker to execute trades. However, they didn\'t mention anywhere on the mcdonaldsmillionaire.com any broker names. How are we supposed to trust them when we don\'t know anything about it?

    McDonald Millionaire App Review - Conclusion!

    We\'re not happy to announce to you that McDonald Millionaire App is nothing more than a bogus system that you need to stay away from, unless you want to waste all of your hard-earned money.

    signal generator, financial industry, suspicious offer, bogus system, Robert Mfune, McDonald Millionaire App
    Scott Evans
    30.08. 2017 21:10  | 

    Legal Profit Review! Is it reliable trading solution?

    Trading binary options is now available through this trading software called Legal Profit. It\'s automated and free of charge. On top of everything, it promises 600% profit per day.

    Who stays behind Legal Profit?

    Mr. James D. Davis is the alleged creator of Legal Profit. However, legal-profit.cc didn\'t convince us that James is a real character. They didn\'t provide any owner nor company name or contact info. Unknown system shouldn\'t be trusted no matter what.

    How Legal Profit Works?

    It uses \"legal spying\" algorithm that operates with 100% accuracy and gets latest market movements off the bank servers before anyone else.

    Rest assured that banks are not related to the market meaning that the \"servers\" they are accessing are not relevant to trading binary options.

    100% accuracy is definitely something that helped us realize how ridiculous this whole offer is. There is no such thing as 100% accuracy, especially not when it comes to trading binary options.

    Disturbing things found!

    During their promo video they showed us how one of the users of this software invested $250 and earned $2,200 within a day.

    Even though they said that they have been operating since 2015, we found out that their website was registered in July 2017.

    Legal Profit Scam Review - Conclusion!

    Legal-profit.cc didn\'t provide us any trustworthy information that we could use. Legal Profit turns out to be a scam that you need to avoid if you want to keep your money safe.

    trading binary options, trading software, unknown system, scam, James D. Davis, Legal Profit
    Scott Evans
    30.08. 2017 21:08  | 

    We\'ve encountered new binary options trading system, and it\'s the Kiyosaki Formula. Supposedly, you\'ll be able to earn up to $1,900 per day.

    Who stays behind Kiyosaki Formula?

    At first, people might think that Robert Kiyosaki stands behind this offer, but that\'s not true. This is just what the scammers wanted people to think, in order to trick them into trusting this shady offer. We have no idea who actually stays behind this system.

    Disturbing things found!

    The first big problem we\'re encountering is a fact that Robert Kiyosaki, the famous trader, has nothing to do with the Kiyosaki Formula - they just used his identity in order to promote their offer. Besides that, they tried to use stock photos on kiyosakiformula.com to try and trick people, but we\'ve managed to blow their cover.

    Upon completing the registration, you need to invest into one of their (unregulated) brokers. Just because they are forcing you to opt for their broker instead of having your own, proves that they are trying to rip you off.

    Even though they mentioned during the promo video that they guarantee you profit, the terms & conditions that they showed on kiyosakiformula.com prove that they do not guarantee any profit.

    Kiyosaki Formula Scam Review - Conclusion!

    Based on our detailed investigation, we have no other choice but to mark Kiyosaki Formula as a fraud, which it is. We hope that you will listen to our advice and stay away from this system.

    binary options, trading system, shady offer, fraud, Kiyosaki Formula
    Scott Evans
    30.08. 2017 21:06  | 

    Latest trading platform is called eCom Crusher and it\'s a easy to use. It guarantees that you\'ll be earning $,2000 per day.

    Who stays behind e-Com Crusher?

    Thanks to ecom-rusher.com Robin seems to be the owner of this shady offer. The problem is that their promo video didn\'t actually show us who actually stands behind this offer. Anonymity is a bad sign!

    How eCom Crusher Works?

    Allegedly, this software is supposed to generate massive incomes but we don\'t know exactly how.

    Disturbing things found!

    Rest assured that you won\'t ever be able to get any money-making software for free! That\'s a ridiculous statement.

    On top of everything, they offer you trading via Shopify. You should know that Shopify, the online store, isn\'t related to eCom Crusher in any way. This is just a trick they use to make you trust them.

    eCom Crusher Scam Review - Conclusion!

    Unfortunately, eCom Crusher didn\'t impress us. Not only that we didn\'t find any trustworthy information but we also found too many bad sides of this offer. At the end, we mark this offer as a fraud and we hope that you will never fall for a scam like this. Trade safe!

    trading platform, shady offer, fraud, Robin, eCom Crusher
    Scott Evans
    30.08. 2017 21:04  | 

    Lates trading software that trades crypto currencies is the Bitcoin Millionaire Today software. It guarantees that you\'ll be earning thousands of dollars every day. It\'s easy to use and promises great earnings.

    Who stays behind Bitcoin Millionaire Today?

    The person that allegedly stands behind this offer is Mr. Victor Gray. The problem is that bitcoinmillionaire.today couldn\'t ensure us that this is a real guy. Another problem is that they didn\'t provide any company name nor contact info. This shady offer is yet to be discovered.

    How Bitcoin Millionaire Today Works?

    This software places trades only when it\'s 99% sure that it will result in a win. Rest assured that there is no such software that can determine such difference between losing and winning trades and place trades on your behalf.

    Disturbing things found!

    We realized that everyone who took its place in their promo video turns out to be a paid actor. They also used stock photos and made up names.

    Bitcoin Millionaire Today Scam Review - Conclusion!

    What was a shady offer at first, turned out to be a bogus system at the end. Bitcoin Millionaire Today has no chances of achieving 99% success score while trading on your behalf and it will definitely not turn you into a millionaire. Investing into this system will mean losing all of your hard-earned cash.

    trading software, crypto currencies, shady offer, bogus system, Victor Gray, Bitcoin Millionaire Today
    Scott Evans
    30.08. 2017 21:02  | 

    Latest auto-trading software, Algofficial, is launched into the financial industry. Allegedly it\'s quite easy to use and highly lucrative.

    Who stays behind Algofficial Software?

    We didn\'t find any relevant information on algofficial.com meaning that we still have no idea who stays behind Algofficial Software. No owner\'s information nor company\'s name or any contact info. Anonymity is one of the first signs telling us to be careful.

    How Algofficial software Works?

    This system supposedly provides signals and places trades on its own. One of he features is that this software can trade commodities, stocks, forex and even indices. However, they only told us what this software is \"capable\" of doing, but they didn\'t tell us how this software actually works. Without any strategies, algorithms or formulas, we remain clueless.

    Disturbing things found!

    Don\'t forget that generating signals is considered as giving financial advice, and this is a kind of activity that requires license in order to be legitimate. However, we don\'t know the name of the company behind this offer so we also don\'t know if they have the license or not.

    Upon completing the registration, you\'re offered to try out their demo account. Do not do this! Demo accounts are programmed in a specific way, making all the trades go in your favor, tricking you into thinking that their software is genuine. They hope to make you invest real money into their system, but do not do this! They didn\'t do anything trustworthy enough to earn our trust.

    They said that they hit the benchmark ROI 4 years in a row but that\'s not true simply because their website was registered in 2016 - if you want to see for yourself, check out whois.com.

    Algofficial Software Scam Review - Conclusion!

    Unfortunately, Algofficial couldn\'t offer us anything that would make us trust them and invest into their system. This scam is revealed and we hope that you\'ll always be careful.

    auto-trading software, financial industry, anonymity, scam, Algofficial
    Scott Evans
    30.08. 2017 21:00  | 

    Ackman Capital is the name of the latest trading robot that showed up in binary options industry. It\'s easy to use and doesn\'t require previous experience in trading. It\'s also automated!

    Who stays behind Ackman Capital?

    The first problem we encountered during our investigation is that we don\'t know who stays behind Ackman Capital. Without such relevant information, we can\'t trust this possible threat.

    How Ackman Capital Works?

    They speak about combining various indicators (MACD, RSI, etc) and combining both technical and fundamental analysis.

    No matter what, there will always be one problem - how to trust any software again, if so many offers turned out to be a scam.

    Disturbing things found!

    First of all, they offer you a demo account. Rest assured that trading with a demo account has nothing in common with trading with a real account! Real market and real money are harder to handle, especially when compared to virtual money and some made-up market.

    Generating trading signals is considered as giving financial advice - and this is a kind of activity that requires a license in order to be legitimate. How can you know if they own a license if you don\'t know the name of the company that stands behind this offer?

    We couldn\'t even find any relevant information on their own website ackmancapital.com. No broker names indicate one thing - they don\'t want to give names of unregulated brokers.

    Ackman Capital Scam Review - Conclusion!

    We highly believe that our thorough investigation helped you realize that Ackman Capital is nothing but a scam that needs to be avoided. Trade safe!

    trading robot, binary options industry, threat, scam, Ackman Capital
    Scott Evans
    27.08. 2017 00:00  | 

    If you agree to this trading procedure you will be outfitted with helpful data about yourself and whether you\'re trading.

    You now know how to peruse the market in the wake of getting the correct education. You additionally have an elegantly composed trading plan. There are as yet various parts that should be set up before the trading procedure can start. These parts make up the structure. Once the structure is set up the trading procedure can start.

    These are the parts that make up the system:

    1. Trading Plan

    2. Trading Log

    3. Trading Journal

    What I might want to do is to plot the trading procedure without really expounding. I will likewise feature the significance of a trading journal.

    Following is the day by day trading process:

    1. Write a passage in trading journal

    2. Prepare yourself to trade

    3. Analyze the market/sector you exchange with a view to discovering trading opportunities

    4. Wait for the market to demonstrate to you a trading opportunity in your trading plan

    5. Take trade

    6. Take picture of trade entry

    7. Write a passage in trading journal

    8. Manage trade as indicated on the trading plan

    9. Take picture after trade closed out

    10. Take picture of what occurred next

    11. Enter trade on the log

    12. Write an entry on the trading journal

    If you agree to this trading procedure you will be armed with a ton of valuable data about yourself as a trader and whether you\'re trading plan is working for you. You additionally need to figure out how to utilize the information you have gathered in the trading procedure to enable you to enhance as a trader. You have to know how to assess your trading results and executions. When you get this procedure down, the market will be your greatest educator. The market will show all of you that you have to know.

    I will concentrate on the significance of keeping trading journal. You could even call your trading plan a mental log. A trading plan is something where you monitor your thoughts and sentiments all through the trading process. I think it is best to demonstrate the power of a trading journal through various situations where a trading journal can reveal an insight into what is keeping you away from turning into a successful trader.

    Scenario 1

    You take a trade precisely as per you trading plan. You had the tolerance to sit tight for the correct conditions to occur as spelled out in your trading plan. The trade quickly conflicts with you. You finish off the trade early. You at that point watch in amazement as the market goes ahead to hit all original targets without you on board. When you experience the assessment procedure you can investigate your trading plan and see what was happening in your mind that made you not keep to your trading plan. You see written in your trading journal that you were anxious about the possibility that that the trade was not going to work, so why lose a full $500 when you could simply lose $300, so you closed out the trade.

    On the off chance that you had recently assessed your trades without the trading journal you would have seen that you had a lapse in discipline which made you veer off from your plan and close the trade early. The issue is you don\'t recognize what caused lapse in discipline. Furnished with your trading journal you now know why. You realize that the dread of losing money made you break your guidelines and close the trade early. You now realize that you need to take a shot at this dread so as to prevail as a trader. Simply being ambiguous and saying that it was an absence of discipline is sufficiently bad. You need to get to the base of the issue and fix it.

    This is crafted by an aspiring trader. I tell every one of my customers previously I start to prepare them that they will take in a ton about themselves. They will reveal their qualities and shortcomings and learn things about themselves that they didn\'t know previously. An intriguing side result of turning into a successful trader is likewise improving as an individual. Trading resembles a mirror that reflects you back to yourself. This is the power of a trading journal.

    Scenario 2

    You have been sitting at your trading station for 4 hours and presently can\'t seem to take a trade. You contemplate internally that you are the ace of discipline and even record that in your trading journal. All of a sudden the market detonates and you hop into a trade on the purchase side. The market instantly turns on you and you are presently down $500 which is your risk per trade. You gaze at the screen in dismay and watch the market move more against you. You are currently down $1,000 and rapidly close the trade. The market quickly reverses. It goes past your entry price and keeps on rising until the point that you would have been up over $2,000. You feel irate and disappointed. When you come to assess this trade you see that it didn\'t meet the entry necessities.

    It was not even in your plan. You have a discipline issue, however what is causing it? You investigate your trading journal and see that toward the start of the trading day you were doing incredible with the discipline. You just sat for 4 hours sitting staring you in the face as there was nothing to do. You made a decent showing with regards to, so what was the deal? You saw the market abruptly take off and thought you would pass up a major opportunity for a big move so you just entered the market without a stop or target or any planning whatsoever. On advance assessment of the trade you see that the correct place where you at long last pulled the plug on the trade was precisely where you ought to have entered the market as per your plan.

    You didn\'t see that entry as you were blinded with dread of losing more than you ought to on the trade. You now know why you trade discipline and took a trade not in your plan. You feared missing up a great opportunity for a tremendous move. This is the thing that made you simply jump into a trade. You have likewise taken in the outcomes of making such move. Somewhat more persistence to sit tight for the right minute would have delivered a major winning trade.

    The principle point is that we may recognize what issues should be tended to with the goal for us to end up plainly successful traders, yet that is recently the \"what\". To settle the issues at the root expect us to ask \"why\". We need to know why we are doing certain activities in the market that are hurting us. A trading journal encourages us to focus on the \"why\" of our activities. When we are outfitted with this data we would now be able to take a shot at what should be dealt with and proceed on our way to end up plainly a reliably profitable trader.

    finance, trading, binary, stocks, investment, lose, win, broker, trader, education, strategy, plan
    Scott Evans
    27.08. 2017 00:00  | 

    One can nearly hear the sound of the EUR/USD sliding. The pinnacle of April 30th, 2014 at 1.3867 resembles an antiquated historic point, before the colossal surge of Quantitative Easing (QE). Just a single year later, inside sight is the EUR/USD parity with the US dollar.

    The last time the EUR/USD was at parity with the dollar was in October 2002. With the EU\'s Draghi spending almost $67 billion every month on purchasing bonds, bonds yields have fallen leaving the EUR/USD with no crucial motivations to reinforce. The question now before us is: How can the forex trader join the ride down to parity? We should investigate a few ways.

    To begin with, we can consider partaking in the spot forex market. It is not very late to take a position trade and enter a sell on the EUR/USD. The question is timing. Perfection here is the foe of the great. The run of 3 is a sensible approach. At the end of the day, whatever amount one chooses to put on a trade, divide that amount into three sections.

    • One-third could be utilized to enter the market on a short.
    • The second third can be triggered by a swing disappointment, where the EUR/USD follows back, maybe 100 pips and after that begins continuing the ride down.
    • A last third, simply leave as an afterthought for future passage.

    While this is not an exact approach, it keeps away from a win big or bust approach. There is a great deal of time to be spot on the 900 pips distance to parity.

    Another approach that adds some risk management to trade the slide in the EUR/USD is to put a week by week binary option on the EUR/USD. This should be possible at any binary option platform that offers longer-term durations. For instance, the NoaFX binary platform offers 5 day lengths, which is basically a end-of-week play on an underlying market.

    How about we quickly review some further facts about binaries. The Weekly binaries are fixed payouts and the trader gets a fixed return.

    An advantage of this approach is that there is a known and maximum risk and it enables a trader to not miss a drawback move by just putting on a trade on a Monday morning and giving it a chance to work. Obviously, one can simply escape the way if a bullish move happens. Most importantly there is a one of a kind chance of utilizing binaries and playing the EUR/USD to parity. Try not to miss a major opportunity for it!

    finance, trading, binary, stocks, investment, strategy, broker, trader
    Scott Evans
    26.08. 2017 00:00  | 

    Any experienced day trader sees precisely how horrible drudgery can be, especially when monitoring open positions for the duration of the night

    Recently there has been a surge of new and stress-free day trading mobile applications hitting the financial market. Towards the end of 2012, an absolutely new type of mobile applications were offered for download onto prominent mobile gadgets like Google\'s Android and even Apple\'s iPhone mobile operating systems entered the market. This unassuming and low-cost day trading mobile applications have slowly changed how traders invest today, as well as where and when.

    Actually Trading Anywhere and whenever

    Ordinarily, financial Markets trade worldwide twenty-four hours consistently, for five and a half days a week. Any experienced forex day trader sees precisely how awful the five and a half days drudgery can be, especially when monitoring open positions for the duration of the night. All things considered, it is the anxiety that is overpowering as well as the trader\'s sense of duty regarding remain stuck to the PC, monitor, watching and overseeing margin positions to keep their account from heading off to a margin call status.

    These days, investors with the average to high end series of smartphones, for example, Apple\'s iPhone or any high-end Google Android cell phones can undoubtedly download one of the numerous accessible applications for day trading and really bring their brokerage accounts with them all around and anyplace they go. This has without question conveyed colossal help to individuals from both the retail and small brokerage certified investment community.

    Multifaceted Investments Never Lend Themselves to Going Mobile

    While the advantage of settling on crucial investment choices while out and about is a definitive opportunity of travel, mobile financial applications don\'t really have the level of modernity to give all the expected actualities to make legitimate decisions on the fly. Furthermore, that is not by any means the only thing, the Android or even iPhone user must be exceptionally capable with regards to shifting between brokerage account trade order screens and screens of data expediently in order to process that information and act quickly in the market. Do the trick to say that the more complex the asset being sold or purchased, the more excellent the battle in dealing a portfolio of the assets on an Android or iPhone device – irrespective of the software application running it.

    Stress-free Investments for Day Trading Phone Applications

    A portion of the short-term investors have executed a less demanding to oversee strategy for investment which still pays out the tremendous profit however is some way or another better designed for mobile devices. While forex and futures Markets might be fairly ill-suited to mobile investing devices, different less intricate securities may seem very much coordinated. Among these simplified short-term assets, binary options contracts and related hybrid imitative securities have a tendency to be the most common. This has been the primary reason behind why most pioneers in that industry have supported for their services to be mobilized.

    The significant components of this type of mobile trading system need to not just consider the bounds of the gadgets themselves yet in addition the speed of the market movement. Indeed, it is a direct result of this reason leading platform of binary options trading have come up with mobile applications for top device smartphone operating systems and even gave them to download at definitely no cost.

    finance, trading, binary, stocks, investment, mobile, user, trader, broker, application
    Scott Evans
    26.08. 2017 00:00  | 

    Without a trading plan it is practically difficult to succeed, so why trade without one?

    Trading is a business and must be drawn nearer and keeps running as a business. As I would see it, there is just a single approach to prevail as a trader yet numerous approaches to come up short. There is considerably more to trading than simply taking in a strategy. Obviously you need a strategy that puts the odds to favor you; however the strategy alone won\'t make you a fruitful trader. What you need is a system and a well ordered process in which you can develop as a trader.

    Prior to the procedure can start, you have to get the correct education. That education must be comprised of 2 sections:

    1. The most effective method to read the market

    2. The trading procedure

    It is essential to know how to read the market accurately in light of the fact that once you figure out how to do this you will have the capacity to distinguish where the best odds are in any market. When you know where the best odds are you would then be able to and at exactly that point build up a strategy to take advantage of those odds. On the off chance that you simply learn a strategy alone you are restricted. It is much similar to figuring out how to play a melodic instrument by simply figuring out how to play one piece of music. Without figuring out how to read music you will dependably be constrained.

    The primary trading education I got wasn\'t right. Give me a chance to clarify. I began trading just about 10 years prior for a prop trading firm, trading the company\'s capital. I needed to take the Series 7 exam and was instructed an in-house technique for trading. When I passed the Series 7 and finished the in-house trading, I was given an account to trade with a purchasing power of $500,000. The technique we were educated depended on reading the tape and the NYSE Openbook. The primary defect in the approach was that it didn\'t stand the trial of time. It functioned admirably until the point when the NYSE went hybrid – part of the specialist\'s job was presently computerized. This is the reason it is so imperative to take in a strategy that is ageless. I needed to begin once again once more.

    Another element that should be set up is a well-written trading plan. Without a trading plan it is better not to trade. On the off chance that you can\'t keep to your trading plan it is better not to trade – this is called teach. Without a trading plan it is difficult to have discipline as discipline is characterized as the capacity to follow a plan. I have coached numerous traders and the primary inquiry I ask them is – \"Do you have a trading plan?\" If the appropriate response is yes, which it once in a while is, the second inquiry I ask them is – \"Are you following your trading plan?\" The response to both of these inquiries is for the most part \"no\". This is the place the coaching normally starts. Without a trading plan it is practically difficult to succeed, so why trade without one?

    finance, trading, binary, stocks, investment, lose, win, broker, trader, education, strategy, plan
    Scott Evans
    25.08. 2017 00:00  | 

    What makes China and the Chinese economy relevant? Furthermore, how did China get to this point?

    Numerous investors consider China as a key player in forex, which is essential because of the significance of China and its economy of $3.98 trillion daily trades. One totally has to know when to panic if China panics. So we should go over the following few facts worth thinking about this incredible country.

    Not exclusively does the Chinese civilization date back 4,000 years, however it speaks to more than 20% of the world\'s population, with a noteworthy presence in the worlds commerce, production and exports. These factors make China one of trader’s principles concentrates, particularly observing that China could be named as a potential contender of the US, yet not at this time.

    The Chinese economy has endured numerous disappointments on their long-run running towards improvement and development, despite every one of the endeavors contributed by the nation to join the most powerful economies and to guarantee a front row seat. China has done well and positions among one of the quickest developing nations around the world, with records broken and a few supernatural occurrences that have made China a legend and a story to be told to what is to come.

    Be that as it may, what makes China and the Chinese economy essential? Furthermore, how did China get to this point?

    • China is the fourth biggest nation in the world with 9,596,960 SQ of land, a shoreline of 14,500 KM making it the world\'s tenth biggest shoreline, and a phenomenal mix of topography.
    • Despite the fact that drove by a communist party, the Chinese have demonstrated gigantic gratefulness and a liberality to the world and to international exchange.
    • The enormous population and cheap labor made China a goal for worldwide companies from around the globe to settle, produce and trade around the globe.
    • China is one of only a handful couple of countries that has put its principle push to join the world trade leaders, yet in the meantime saving their customs and traditions. As of now, China is a standout amongst the most loved tourist destinations because of its long history and achievement in saving their civilization and heritage.
    • China has prevailing to expand education to 86% of the population, a high rate compared with post-World War II.
    • China\'s emphasis on a socialist economy started in 1984. China has never stopped to help and invest into accomplishing growth, paying little heed to the weights the government experienced, making the socialist economy a dream China needed to accomplish.
    • Despite the fact that it has kept to the communist style, China has figured out how to guarantee foreign investors and obtain their confidence, something the biggest democracies in the world couldn\'t ensure.
    • \"Made in China\" has spread generally as China\'s low cost pulled in the largest companies worldwide to settle and produce. China has shown participation with foreign investors by their daily operation smoother.
    • The way of life of Chinese citizens has enhanced on account of their government\'s constant effort to develop from a communist government into the government of the people.
    • Natural disasters, for example, earthquakes have not obstructed foreign investors on account of the government’s quick reaction and support. China has endured the greatest disasters around the world, but at the same time keeps on making improvement.
    • The Chinese items, or items made in China, reach more than half of our life\'s day by day supplies.
    • China heads the list of countries in trade volumes took after by the EU and the USA, yet positions third after the USA and the EU. China\'s GDP is thought to be around USD 400 Billion (2014) speaking to 16.70% of the world\'s economy.
    • China has figured out how to increment foreign investment within its outskirts by making charge exclusions and expanded outside foreign investor benefits.

    Every one of these factors, and some more, make China a powerful tool and a reason for trader concern. This year began with the Greek crisis and is by all accounts proceeding with the uneasiness over China.

    finance, trading, binary, stocks, investment, broker, trader, china
    Scott Evans
    24.08. 2017 10:22  | 

    With Triple Lock Profit System, you can earn up to $15,000 per day! The original promised earnings for using this trading software are $10,000 but you also get $5,000 for testing AlgoPremium Software. It\'s free of charge and it takes only few minutes to set up.

    Who is William Maynard?

    Mr. William Maynard is allegedly a successful trader. However, we didn\'t find any information about him. How come nobody knows of this William, if he is so successful? Because of that, we realized that it\'s just a made up character with a stock photo. They didn\'t leave any information on triplelockprofits.com regarding the company that stands behind this suspicious offer. We can only send an e-mail, but nobody guarantees us that we will get the answer.

    How Triple Lock Profit System Works?

    There are 3 different income sources - Mr. William\'s personal account, William\'s company, and at the end, the income from testing AlgoPremium Software.

    Besides Maynard Financial Software LLC being an non-existing company, AlgoPremium Software is in beta phase so it\'s quite impossible to get $5,000 from them. On top of that, we have no idea what this AlgoPremium Software is all about. No explanation was given.

    Disturbing things found!

    Even though they provided testimonials on their website, we realized it was all fake. We found the certain \"loyal user\" on fiverr.com meaning that they used paid actors.

    What happens when you register on triplelockprofits.com website?

    As soon as you sign up for an account, you can see some \"live\" trades\" but they are fake as well. They showed placing both put and call option at the same time, together. This is not possible. Also, you won\'t be able to earn $15,000 with depositing as little as $250.

    Don\'t forget that you need a broker in order to trade. However, they didn\'t mention any brokers so we don\'t know if they provide any brokers, and if so, whether or not are they legitimate.

    Triple Lock Profit System Scam Review - Conclusion!

    Because of too many lies and unrealistic promises, this scam called \"Triple Lock Profit System\" should not be trusted! Make sure to stay away from it.

    trading software, suspicious offer, scam, William Maynard, Triple Lock Profit System
    Scott Evans
    24.08. 2017 10:20  | 

    Samba Binary Options represents a trading platform which allows you to copy trades that experienced BO traders made and earn money of their trades. Allegedly, they will take your money only after they are sure that you made some money! It\'s free of charge and doesn\'t carry any risk with it.

    Who stays behind Samba Binary Options?

    We didn\'t manage finding out who stays behind Samba Binary Options. There wasn\'t any information about owner nor the company, except for an e-mail address for which nobody guarantees us that we\'ll get an answer from. Because of lack of the information, we\'re thinking that we\'re dealing with online fraud.

    How Samba Binary Options Works?

    They just told us that we\'ll be able to copy trades that other experts have made, and that\'s it. They didn\'t inform us which algorithm is their system based on. How are we supposed to trust anonymity?

    Disturbing things found!

    First of all, forget about no-risk thing. There is no chance that you\'ll ever meet anything in the financial industry that doesn\'t carry risk with itself. Having no risk means that you\'ll always end up with a successful outcome, and that\'s impossible. They also said that their system operates with 778% accuracy? Who came up with this number? Achieving and especially maintaining high accuracy is very hard, but accuracy higher than 100% is just ridiculous - there\'s no such thing!

    Even though they offer you a trial account, you have to fund it with $500 if you\'re an US citizen, or $250 otherwise, in order to start trading. The biggest problem with this is that they ask you to email them a screenshot of your deposit - who would ask for such thing when they can just check the transactions on their account.

    More alarming things!

    Even though the usual ROI is around 25% to 30%, they are promising 160% ROI. Don\'t fall for this ridiculous promise.

    On top of everything, we\'re still dealing with an anonymous service - don\'t forget about that!

    Samba Binary Options Scam Review - Conclusion!

    Based on everything that we found out, this trading platform is nothing but a money-stealing service that bunch of fraudsters launched in order to \"earn\" some money. Don\'t fall for this fraud!

    binary options, trading platform, online fraud, money-stealing service, Samba Binary Options
    Scott Evans
    24.08. 2017 10:18  | 

    Latest trading system in the binary options industry is Robot FX.

    Who are these people behind Robot FX Software?

    We didn\'t even get any information from their robotfx.com website. No idea who created this offer, this website or the company that stands behind this bogus offer.

    How Robot FX Software Works?

    As we\'ve heard before, it combines 3 different methods and plenty of signal combinations. However, we end up being completely clueless. None strategy nor algorithm was mentioned. This entire anonymity makes us very suspicious, but that won\'t stop us from fully investigating this offer.

    Disturbing things found!

    Even though they promised a completely secured transactions via their website (they said that they are using secured protocol), their website clearly warns us that they do not have SSL, meaning that any data that you provide on their website can easily be stolen.

    One of the last trades that they showed as \"proof\" of trustworthiness, allegedly occurred on 12th March 2017. Quick look at the calendar will show you that 12th March 2017 was Sunday. Now, let us remind you that the market is closed during the weekends! So how could their system place a trade on Sunday? This is clearly a bad scam.

    Because of the FX in the name of this system, we all jump to the conclusion that we\'d be dealing with Forex, but the truth is that this system offers trading binary options. As soon as we start trading with this bogus system, we\'ll end up losing all of our money. Even their demo trades are developed in a wrong way so we wonder - who would fall for a scam this bad?

    Robot FX Software Scam Review - Conclusion!

    Based on our thorough investigation, we hope that you\'re now aware that Robot FX is nothing more than a scam that\'s supposed to take away all of your money. Trade safe!

    trading system, binary options industry, bogus offer, scam, Robot FX
    Scott Evans
    24.08. 2017 10:16  | 

    Raptor Robot Software represents auto-trading software that operates with +90% win rate. It trades binary options and it seems too good to be true, so we decide to take a more thorough look at it.

    Who stays behind Raptor Robot Software?

    At the end of our investigation we still didn\'t get the name of owner or the company that stands behind Raptor Robot Software. Nothing we found on raptorrobot.com was useful nor relevant to our investigation. This anonymity indicates that we could be dealing with a fraudulent offer.

    How Raptor Robot Software Works?

    Allegedly, the software does everything it can in order to provide high return. It works on its own and cooperates with some \"experienced\" brokers of the binary industry. However, without proof, we can\'t trust a claim like this. We didn\'t hear any algorithm nor strategy that this software uses and we also didn\'t get names of the so-called experienced brokers.

    Disturbing things found!

    First of all, promising +90% win rate is ridiculous. None person nor software can even achieve, and especially not maintain such high win rate. Even if this statement was promising (but it isn\'t!), it still comes from an unknown person standing behind completely anonymous service - how are you supposed to trust it?

    Even though they provided some information about alleged users of this system, we have no proof of actual testimonials. This is just a simple text which can\'t be trusted just like that!

    What happens when you register on raptorrobot.com website?

    Upon completing the registration, you\'re asked to opt for one of their brokers. The problem is that they won\'t let you use your own broker but they rather force you to fund one of their brokers with at least $250. Keep in mind that this is a auto-trading software meaning that we can\'t predict what\'s going to happen to our capital!

    Raptor Robot Software Scam Review - Conclusion!

    We hope that we\'ve provided enough information to bust this fraudulent offer. Raptor Robot is a software that you should never invest into!

    auto-trading software, binary options, anonymity, fraudulent offer, Raptor Robot
    Scott Evans
    24.08. 2017 10:14  | 

    ProfitBall is a trading software that\'s supposed to help you earn $7,000 per week. It\'s completely automated and free of charge. All they ask for is either a testimonial or screenshot of your profit.

    Who are Terry Mason and Joshua Ethan?

    They are the athlete and designer of the ProfitBall. Their system which determines best trades allegedly operates with 100% accuracy. First of all, we didn\'t find anything about this financial analyst and co-designer, except for the information that was shown on the profitball.co. If they were any famous, the Internet should know about them. The next thing that represents a real problem and a deal breaker is the fact that the binary options industry will never be able to face 100% win rate, no matter what software or person it\'s all about. On top of everything, none company name was mentioned meaning that we end up having no idea who runs this suspicious system.

    How ProfitBall Software Works?

    It supposedly analyzes tons of data coming from major events that have high impact to the market. Based on the data, the software is able to determine best stocks for investing into. There\'s a claim saying that first users of this software managed to earn $7,000 per week.

    Disturbing things found!

    One of their claims is that they earned $6,4 millions within last 4 years. The reason we don\'t believe this is that we found out their website was registered on 6th February, 2017. If they didn\'t exist 4 years ago, how could have they operated back then?

    Their testimonials actually consist of paid actors and made up profiles and statements. One of the alleged users is the same person that was used for promoting another scam called Bank Tracker Bot.

    What happens when you register on profitball.co and profitball.cc website?

    After completing the registration, you need to invest at least $250 into your broker\'s account. They say that you can withdraw the money at any time.

    The Scam!

    At the beginning, they said that this offer was free, but then they ask you to invest $250? They also talk about certain \"gift\" but your account actually can\'t be accessed until you meet all of broker\'s term. Another problem is that they didn\'t list those terms.

    They talk about your trading account as if it was your bank account, but it is not. You can\'t make immediate withdrawals and you are not in complete control of your account, because the broker is. Keep in mind that usual withdrawals take 2 to 3 business days.

    They didn\'t mention any brokers, but they do expect us to trust and invest into one of them? Definitely not going to happen.

    ProfitBall Software Scam Review - Conclusion!

    ProfitBall was, at first, a highly suspicious system that turned out to be nothing more than a lame scam. We don\'t know who stands behind it, how does it work, and we certainly can\'t trust it. Therefore, we highly recommend you to stay away from it!

    trading software, binary options industry, suspicious system, Terry Mason, Joshua Ethan, ProfitBall
    Scott Evans
    24.08. 2017 10:10  | 

    Omnia App is the latest auto-trading software that guarantees to generate more than $1,350 per day, for you. This is more than million dollars within 6 months. It\'s free of charge and you don\'t need to be experienced in order to trade with this software.

    Who is Matthew Hammersmith?

    Alleged multi-millionaire, Matthew Hammersmith, is the CEO of Omnia Investments. We quickly found out that his company Omnia Investments doesn\'t exist and we also didn\'t find anything online regarding this so-called multi-millionaire. If he was so famous and successful, how come the Internet doesn\'t know anything about him?

    Mr. Matthew is actually a paid actor whose goal was to try and trick us into believing this bogus system. In order to realize what we\'re talking about, we\'ll inform you of trades in which he represented as the CEO. \"Richard Heffner\", the CEO of GPS Trader; David Hefner, the CEO of Safeguard Trader; CEO of Terabit Trader! After we realized that he showed up in so many scams just under different names, we realized that this must be a paid actor.

    How Omnia App Works?

    Allegedly very simple software that never loses trades. We can\'t believe that this bogus system analyzes tons of data and determines perfect trades.

    Disturbing things found!

    In their promo video, they showed how Sarah earned $5,700 within a day of not logging in to her account. So not only that she didn\'t do anything but she was also offline!

    On the day we were checking out this offer, we found a \"testimonial\" proving that some guy earned $45,267 within 30 days. The problem is that their website was registered on 27th February, 2017, meaning that from day that, their website wasn\'t even online for 30 days!

    More alarming things!

    We encountered another lie! There\'s some Matt Palmer who earned 1 million dollars within 7 months, but once again we remind you that their website, at that current moment, wasn\'t online for that long!

    Another lame thing that we discovered is that one of the transactions that were shown on omniaapp.co was showing a payment to 4 Advanced LLC. The problem is that 4 Advanced LLC is a non-existing company! On top of that, they showed the name Tesler instead of Omnia. This means that the people standing behind this scam are the same people that developed Tesler, Omnia and Zeus scams!

    On top of everything, they promise that the software operates with 97% win rate. This is not possible! Financial industry has never experienced such high win rate, so don\'t fall for this bogus claim.

    What happens when you register on omniaapp.co website?

    After the registration, you need to create new trading account that will be associated with one of their brokers. They also promise you a 1-minute withdrawals!

    Don\'t fall for those fake promises. The broker is in charge of your balance and there\'s no such thing as 1-minute withdrawals because this is not a bank account!

    We do get one of their brokers associated with our trading account, but we don\'t know anything about that broker. Without his name, how can we find out if he owns a license or not?

    Omnia App Scam Review - Conclusion!

    We believe that our thorough investigation will help you realize that Omnia App is nothing more than a bogus system which creator tried to use in order to scam innocent traders.

    auto-trading software, bogus system, scam, Matthew Hammersmith, Omnia App
    Scott Evans
    24.08. 2017 10:08  | 

    Duplicash represents the first social network where non-traders and traders can meet and discuss anything, even events regarding the financial industry. You\'re promised to increase your daily income by $1,000! It\'s free of charge and it\'s automated.

    Who is Eduard Mason?

    Former restaurant manager, Eduard Mason is now the owner of Duplicash Software. However, we couldn\'t find anything about this guy except for the information that was shown on duplicashapp.com. We also don\'t know how he looks because he didn\'t even show up in their promo video. Later on, they even used a stock photo on their website. This shady offer should be further investigated.

    How Duplicash Software Works?

    They only said that the software copies trades from experienced traders, but that\'s it. We end up having no idea how this software actually performs anything.

    Disturbing things found!

    First of all, they showed some Steve Van Der Glass\'s balance that reached $389,412 from a 0, meaning that he was somehow trading with 0 investment. The expiration time was 0.5 minutes even though the minimum expiration time should be 1 minute. This means that they made up this entire situation.

    Let us remind you that the market is closed during the weekends, and yet somehow they promised that you\'ll be earning every day! Contradiction spotted.

    More alarming things!

    They showed a situation where a student of Warren Buffet earned $142 with initial investment of $250 and 74% return rate, but the profit should have been $435 instead of $142. This is just a lame mistake that scammers made.

    What happens when you register on duplicashapp.com website?

    Upon completing the registration, you\'ll get a free trading account with one of their brokers. However, for some reason you\'re being told that you\'re in charge of your \"bank account\" even though that\'s not a bank account but rather a trading account, and your broker gets the control of it, and not you. Withdrawals can\'t be made immediately, keep that in mind.

    In order to start trading, you need to invest at least $250 into your broker\'s account. This means that, even though they promised a free of charge software, you still have to invest in order to start using it!

    Duplicash Software Review - Conclusion!

    We believe that we\'ve proved enough for you to realize that the scam called Duplicash should never be invested into. Always trade safe!

    social network, financial industry, shady offer, Eduard Mason, Duplicash
    Scott Evans
    24.08. 2017 10:04  | 

    Latest 24/7 automated trading system is Daily income method. Allegedly, this system can generate you $500 per day.

    Who stays behind Daily income method?

    As they claim on dailyincomemethod.com, Mr. Mack is a millionaire standing behind the Daily income method. However, we still didn\'t get the name of the company nor any other contact information but Mack\'s phone.

    We weren\'t able to confirm who Mack is - if he is a \"millionaire marketer\" as he said, we should be able to find any information about him. This shady offer should be further investigated, and that\'s what we\'re about to do.

    How Daily income method works?

    Supposedly, it uses the leverage effect. This means that they are giving you the 200% commission. They also promise you $6 of earnings for every sale that a client which you brough makes.

    200% commission is unfortunately too high to believe it. We can\'t just blindly trust this offer.

    Disturbing things found!

    In case you decide to invest into this Daily income method, you should know that the money you pay is going directly to Motor Club of America, instead of this \"Mack\".

    Even though investing into Motor Club of America isn\'t illegal, they however offer their services to citizens of Canada, United States and Puerto Rico only. This is the reason you shouldn\'t trust this shady offer.

    Daily income method Scam Review - Conclusion!

    Based on everything we provided to you, we hope that you won\'t fall for this scam! We believe that Mack is just a made up character and that Daily income method is just a frame with scammers standing behind it. Trade careful!

    automated trading system, shady offer, scam, Mack, Daily income
    Scott Evans
    24.08. 2017 10:02  | 

    Binary Today Secret is the new signal generator that operates with +80% win rate. The license costs $169,99 but they promise that it\'s worth!

    Who are people behind Binary Today Secret?

    Unfortunately, we don\'t know who is the owner of Binary Today Secret. THeir website binarytodaysecret.com didn\'t give us any information about a company or person that stands behind this shady offer.

    How Binary Today Secret Works?

    We just know that this signal generator generates more than 14 trading signals per day that can be used for placing any kind of trades within the binary options industry. Signals are received via phone, e-mail or MT4.

    Disturbing things found!

    Remember how they told us that it\'s definitely worth investing into this system? This means that they guarantee that we\'ll make profit. However, there\'s a disclaimer saying that they do not guarantee anything. This contradiction is something they did not want to show.

    They also said that everything they provide is not in a way of giving financial advice, even though generating signals is considered as giving financial advice.

    More alarming things!

    They showed us some claims for \"verified analysis\" and \"verified trading results\" but this is something that a third party has to prove in order for us to believe it. However, they didn\'t show any evidence meaning that we will not fall for this lame claim!

    Another problem comes as soon as we try to buy this software - we get redirected to some other page showing a price that is different than the one we heard at the beginning.

    Binary Today Secret Scam Review - Conclusion!

    We believe that we provided enough evidence for you to realize that binarytodaysecret.com is poorly made and that you should not fall for this lame scam. Trade safe!

    signal generator, shady offer, binary options industry, scam, Binary Today Secret
    Scott Evans
    24.08. 2017 10:00  | 

    Latest binary options trading software is the Binary Robo X. It\'s automated, free of charge and you\'re guaranteed to earn $2,000 per day.

    Who stays behind Binary Robo X?

    Unfortunately, binaryrobox.com didn\'t give us a name of the owner of Binary Robo X. Allegedlyt, French company developed it but there\'s no evidence to prove this claim. This could be a fraudulent offer but we\'ll continue investigating.

    How Binary Robo X Works?

    We\'re just told that it uses \"best\" algorithms and strategies and that it trades on its own, but that\'s it. They didn\'t explain how it works.

    Disturbing things found!

    When you visit their website binaryrobox.com you\'re actually redirected to the BinBot Pro software and this is a big proof of a scam.

    They mentioned that withdrawals are available immediately. Don\'t fall for this! Usual withdrawals usually take 2 to 3 business days, with a regulated broker.

    What happens when you register on binaryrobox.com website?

    After the registration, you\'re offered to try out their demo account. Don\'t do this! Demo accounts are developed in a way that you\'ll always end up winning trades, and this is their way of making you believe that their software is successful. After thinking that, they will ask you to fund real account with real money. Once again, do not fall for this! You\'ll end up losing all of your money to this scam.

    Binary Robo X Scam Review - Conclusion!

    We hope that we provided enough evidence for you to realize that Binary Robo X is a fraudulent offer which you need to stay away from. Keep trading safe and don\'t waste your hard-earned cash!

    binary options, trading software, fraudulent offer, scam, Binary Robo X
    Scott Evans
    24.08. 2017 00:00  | 

    A glance at probably the most influential reports that have been released up until this point.

    Over the previous month or somewhere in the vicinity, the huge discussions in the market have spun around the Greek debt crisis and Chinese market crash. Be that as it may, those issues are not any more the spotlight of the finance world. Presently, everything is by all accounts on profit. Actually if earnings are positive, odds are that we will keep on seeing overwhelmingly bullish movement in the market.

    Adversely, if earnings reports are negative, we\'re probably going to begin seeing declines. Today, we\'ll see probably the most influential reports that have been released up until now, reports that are coming soon, and what we can hope to see from the market therefore.

    Influential Earnings Reports Already Released

    We are now somewhat more than seven days into earning season and I need to concede, things are looking superior to anything I anticipated. Here is a couple of influential earning reports that have been released up until this point…

    Google – Last week, Google earnings overwhelmed investors in a decent manner; totally overwhelming analyst expectations. Thus, Google shares moved by almost 16% in the biggest single day gain the company have ever observed. In actuality, gains were big to the point that they pushed the stock so high that the companies surge had an overwhelmingly positive effect on the NASDAQ all in all; pushing it to another record high.

    Intel – Intel likewise delivered an extraordinary earnings report. In the second quarter, Intel created earnings per share of $0.55; $0.05 higher than analysts anticipated that would see. The company\'s revenue likewise beat analyst expectations by $180 million!

    Banking Industry Overall – Overall, the banking industry in general delivered positive earnings results about for the second quarter. JPMorgan beat earnings expectations by $0.10, Bank of America was ahead $0.09 per share, and Citigroup generated $0.10 more than anticipated. With everything taken into account, each report we\'ve found in the banking and finance industry has been overwhelmingly positive.

    Influential Earnings Reports To Come

    Considering what we\'ve seen up until this point, things are looking entirely useful for a continuation of the bull market. In any case, for this to happen, earnings reports should proceed on the positive trend. This week, I\'ll be giving careful consideration to the following earnings reports…

    Apple – Apple has a fantastic reputation with regards to their capacity to deliver positive earnings. Actually, for as long as previous 7 consecutive quarters, Apple has beaten analyst expectations. Be that as it may, there have been worries over developing rivalry in the smart phone space; so this will be a fascinating one to watch.

    Microsoft – Microsoft additionally has a fantastically positive record as to earnings. In the course of the last 7 quarters, the company has produced superior to expected earnings per share 5 times. Notwithstanding, analyst at RBC Capital are indicating a diminishing interest for PCs as a reason Microsoft may not wow financial investors this quarter.

    What Can We Expect To See?

    On the off chance that you would have made this inquiry even two weeks back, my answer would have been a considerable amount different. Be that as it may, with the overwhelmingly positive reports we saw a week ago and the solutions being found for major financial issues far and wide, I\'m beginning to trust that we might be proceeding with the bull market.

    While I don\'t believe we\'re very out of the woods yet, I do imagine that things are looking somewhat better for the market. All things considered, watch out for one week from now\'s earnings. In the event that they turn out to be as positive as what we\'ve seen so far this earnings season, we can hope to see a continuation of the bull run.

    finance, trading, binary, stocks, investment, bull, market, trader, broker
    Scott Evans
    23.08. 2017 18:53  | 

    Latest auto-trading system is called Wealthy Trader and it\'s supposed to earn us $2,000 per day. It seems to be free of charge and easy to use for newbie traders.

    Who stays behind Wealthy Trader?

    The alleged creator of Wealthy Trader robot is Mr. Nelson Roosen. Unfortunately, we didn\'t find any information about this guy on wealthy-trader.co and we also didn\'t find any information about the company. At the end, we don\'t have the idea who stays behind this offer. Because of this anonymity, we can see that we\'re dealing with a shady offer.

    How Wealthy Trader Works?

    It provides signals that are executed immediately on your account. Since providing signals is considered as financial advice, they have to own a license in order to make that activity legal. However, they didn\'t tell us who is providing those signals and they sure didn\'t show us their license!

    Disturbing things found!

    They are promising you a \"free\" system that\'s supposed to make you $2,000 per day? Nobody would give you such program for free. They are also limiting the system to first 20 members, but this is just another thing that\'s making us question the trustworthiness of this system.

    Besides those lies, they have also used paid actors and fake testimonials. Even the \"creator\" profile is made up.

    During their promo video they showed how Nelson earned $1,170 within few minutes. Just remember that the expiry time is 60 seconds, so how could have he made more than thousand dollars within minutes?

    What happens when you register on wealthy-trader.co website?

    Even though they said that their system is free of charge, you still have to invest $250 in order to start trading. They even promise you immediate withdrawals.

    Rest assured that withdrawals can\'t be made within minutes, especially not immediately. There\'s a large process that needs to be done in order for your balance to become available to you.

    They also said that you\'re in complete control of your money that you invested in your trading account. Don\'t fall for this - your broker is the one who controls the money because, after all, the money is on his account.

    Another problem is that we didn\'t hear the name of the supposed broker. How are we supposed to trust him? We also didn\'t get to see if he owns a license or not.

    Wealthy Trader Scam Review - Conclusion!

    Our investigation was meant for you to realize that this fraud can take away your money if you invest into it. Don\'t fall for this shady offer!

    auto-trading system, robot, shady offer, fraud, Nelson Roosen, Wealthy Trader
    Scott Evans
    23.08. 2017 18:50  | 

    Traders Matrix Software is trading software that places trades based on other\'s trades. It\'s free of charge for the first 3 months and after that it takes 20% of your profit.

    Who are the people behind Traders Matrix Software?

    Chris Amado and Robert Michaels, ex Forex and commodities traders, are now owners of Traders Matrix Software. However, we didn\'t find any information about these 2 guys except for the correlation between them and their website tradersmatrix.com. We also found out that the Traders Matrix company doesn\'t exist. This shady offer should be investigated further!

    How Traders Matrix Software Works?

    Allegedly, it follows trades that expert traders make. Software then copies trades and sends them to you. Since those signals are not generated automatically but rather copied from human beings, why should we consider this as an automated trading software if it won\'t implement any complex algorithm?

    Disturbing things found!

    At the beginning they promised us great earnings but later on we found out that they said Traders Matrix doesn\'t guarantee any profit. This contradiction really got us thinking.

    They added the \"Verified by Third Party\" on their website but they didn\'t show any evidence.

    More alarming things!

    As soon as you sign up for their account, you\'re recommended to try out the demo mode. However, you can\'t use the demo mode before funding your account with some money. Another lie and another evidence proving that we were right from the beginning.

    Traders Matrix Software Scam Review - Conclusion!

    Thorough investigation helped us realize that Traders Matrix is nothing but a scam and we need to stay away from it. Keep trading safe!

    trading software, shady offer, scam, Robert Michaels, Chris Amado, Traders Matrix Software
    Scott Evans
    23.08. 2017 18:50  | 

    Tratika offers us 3 types of trading - social, semi and auto trading. This peer-to-peer trading platform is free of charge for 500 testers.

    Who stays behind this Tratika Software?

    There is no information about the owner of the Tratika Software. Since tratika.com didn\'t give us any information, we have no other choice but to suspect that it\'s a scam.

    How Tratika Software Works?

    There are three methods - Social Trading, Semi-Automatic and Auto-Trading. THere are also three different algorithms - Investo, Rush Options, and Basers. Investo is a long-term trading (expiry time - 3 days), Rush Options is a short-term trading (expiry time - 2 minutes) and Basers is a medium-term trading (expiry time - 4 hours).

    Disturbing things found!

    The Social Trading represents a method in which other users of this software vote for signals and then you can trade in a way other non-experts suggested.

    Semi-Automatic trading will generate signals for low-risk trades and guaranteed high returns. However, there\'s a Risk Disclaimer notifying us that they do not guarantee any profit. Encountering this contradiction helped us become even more confident about our assumption from the beginning.

    Auto-Trading will place trades on its own and there\'s no way for you to have impact on it. On top of everything, you still don\'t know how the software works so you\'ll end up losing all of your money.

    What happens when you register on tratika.com website?

    As soon as you sign up for an account, you\'re automatically associated with one of their brokers and you have to invest at least $250 into broker\'s account. We can\'t confirm the legitimacy of the so-called broker because we don\'t even know their name!

    Tratika Software Scam Review - Conclusion!

    Based on everything that we provided, we can easily conclude that Tratika is a fake offer and we highly recommend you to stay away from it. Watch out on your hard-earned cash - find better ways to invest it!

    peer-to-peer, trading platform, scam, fake offer, Tratika Software
    Scott Evans
    23.08. 2017 18:48  | 

    The 1Option is an easy-to-use auto-trading system. This system provides binary options signals and then places trades on its own. It\'s free of charge and even newbies can use it.

    Who stays behind The 1Option?

    They didn\'t mention on their website the1option.com the name of the company standing behind this offer, neither the name of the owner. We have to be careful when dealing with such suspicious offer.

    How The 1Option Works?

    Allegedly it uses 3 different methods along with 500 signals combinations, but they actually didn\'t explain how their system works. They just used numbers in order to try and trick us into thinking that the system is complex, but we still don\'t know how it works.

    Disturbing things found!

    The 1Option generates signals and you should know that generating signals is actually an activity called giving financial advice, and without a license, this kind of activity is considered illegal. We don\'t know who owns The 1Option and we also don\'t know whether they have the license or not - so how are we supposed to trust them?

    They are offering you the demo account. Don\'t try it out! Demo accounts are made just to trick you into thinking that their software is trustworthy and successful. Real trading has nothing in common with trading with demo account so don\'t waste your time there!

    Remember how, at the beginning, they said that the system is free of charge? Well, guess not, it\'s not, they lied to us. You need to invest at least $250 in order to start trading.

    How are we supposed to trust such suspicious offer that\'s filled with lies and anonymity?

    The 1Option Scam Review - Conclusion!

    Based on everything that we encountered during our investigation, we hope that you\'re now aware that this scam is something you should stay away from!

    auto-trading system, binary options signals, suspicious offer, scam, The 1Option
    Scott Evans
    23.08. 2017 18:44  | 

    One of the latest trading platforms that\'s been launched into the binary options industry is the Simple Auto Trading robot. This robot provides signals and places trades on its own. It\'s free of charge, automated and operates with 83% win rate.

    Who stays behind Simple Auto Trading software?

    Unfortunately, we couldn\'t find anything on simpleautotrading.com regarding the owner or the company standing behind this offer. We already think that we\'re dealing with a scam, but let\'s see what else can we find out.

    How Simple Auto Trading Works?

    This robot uses well-known indicators such as CCI, RSI, WILLIAMS and others. Those indicators are used for trading binary options and that\'s what this robot uses.

    Disturbing things found!

    We\'ll remind you that providing trading signals is considered as giving financial advice - and that\'s an activity that requires a license in order to be legal. However, we don\'t know if they own a license or not because we don\'t know who they are!

    At the beginning, they said that this system is free of charge but you end up having to pay $250 in order to start trading. We\'ve already been lied to!

    What happens when you register on simpleautotrading.com website?

    As soon as you sign up for an account, you\'re offered to try out their demo account. Don\'t do this! Demo account is designed in a way that it always wins trades tricking you into thinking that their software is highly successful. They use this trick hoping that they\'ll lure you into investing into their system. Don\'t fall for this!

    Simple Auto Trading Scam Review - Conclusion!

    We hope that we\'ve delivered enough evidence for you to realize that this scam called Simple Auto Trading should not be invested into! Don\'t waste your money on offers like this one.

    trading platforms, binary options industry, robot, scam, Simple Auto Trading
    Scott Evans
    23.08. 2017 18:42  | 

    Profit Harvester System is the latest trading platform launched into the financial industry. It\'s free and easy to use but we don\'t know what assets does the system trade.

    Who stays behind Profit Harvester System?

    Phssystem.com didn\'t give us any information about the owner nor the company standing behind this offer. Unfortunately, we\'ll have to mark PHS as an suspicious offer.

    How Profit Harvester System Works?

    Allegedly, PHS reduces risk and increases the reward. With such minimal risk and high profitability, the financial industry must have heard about it, but that\'s not the case. It seems that nobody has heard of this \"successful\" trading platform.

    Disturbing things found!

    On their website, right under the sign saying \"Risk free\" is a statement saying that trading carries a high level of risk. This contradiction made us realize what we\'re actually dealing with - we\'re not letting them fool us!

    They used made up characters with stock photos in order to create fake testimonials. Don\'t fall for those lies!

    What happens when you register on phssystem.com website?

    Even though the system is \"free\", they ask you to invest at least $250 into our broker\'s account in order to start trading. First of all, keep in mind that giving credit card information to an anonymous service is a dumb move to do - your data can easily be stolen! Another thing is that you should never trust a broker if you don\'t get an insight into his name and legitimation.

    Profit Harvester System Scam Review - Conclusion!

    After showing you all of the above, we hope that you won\'t waste your money investing into this phony system. Keep your cash safe!

    trading platform, financial industry, suspicious offer, phony system, Profit Harvester System
    Scott Evans
    23.08. 2017 18:40  | 

    Newest money-making system is called HBSwiss App and it \'s free of charge and easy to use.

    Who is Hans Berger?

    We didn\'t find out any information about the Hans Berger but we did find out that his alleged company HBSwiss doesn\'t exist! Besides anonymity and made up company, they also used paid actors in their promo video and they even said that themselves.

    How HBSwiss Software Works?

    Allegedly their technology runs on Quantum computers, but besides that, we don\'t know any further details.

    Disturbing things found!

    They claim that you need 3 minutes to set up their robot and you\'ll start making money within an hour. Why should we blindly trust their story? They didn\'t provide any evidence proving that.

    They also claim that their software operates 24/7. Let us remind you that the market is closed during the weekend meaning that the statement saying \"trading for 24/7\" is fake.

    What happens when you register on hbswiss.com website?

    As soon as you sign up for an account, you\'re asked to provide relevant phone number and e-mail.

    The problem is that we didn\'t get the broker\'s name so how are we supposed to trust and fund him?

    HBSwiss Software Scam Review - Conclusion!

    Unfortunately, nothing that HBSwiss offered us could change our mind. Even at the beginning of our investigation we started questioning the trustworthiness of this system, but we still decided to give it a chance and keep investigating. However, as we kept finding out bad things about this offer, we were just more confident that we didn\'t go wrong with our assumption. We hope that you\'ll stay away from this bogus offer!

    money-making system, bogus offer, Hans Berger, HBSwiss
    Scott Evans
    23.08. 2017 18:38  | 

    Latest trading software FX Sniper Robot is completely free and automated.

    Who is Simon Reed?

    Mr. Simon Reed is allegedly experienced Forex trader. The only thing we managed to find regarding this Simon is the correlation between him and his website fxsniper.co. Besides anonymity, they presented him as Simon Reed, the Forex trader, in one promo video and Joshua Ethan, financial analyst, in promo video of different software called ProfitBall Trading Software. Because this character seems to be associated with another scam, we are forced to mark FX Sniper as a shady offer.

    How FX Sniper Software Works?

    Supposedly, FX Sniper uses complex mathematical equations in order to identify profitable trades. The software analyzes decades of data. Unfortunately we can\'t believe such ridiculous lie. There\'s no way any powerful computer could analyze and process that much data, especially not in matters of seconds. Besides, they promised that you\'ll be earning money every day, and as traders already know, market is closed during the weekend, meaning that they tried to lie to us again.

    Disturbing things found!

    Mr. Simon said that he\'s been using this software for years but whois.com showed us that fxsniper.co was registered on 9th March, 2017. He also showed us some \"transactions\" that occurred before the 9th March and therefore we can\'t trust this statement either! The worst thing he did is showing a transaction that \"happened\" 3 days after the day we noticed that lie.

    Even certain Nicole showed up in the video presentation and she showed us how she earned $127 while she was offline. Don\'t fall for this lie - it\'s impossible to earn offline!

    Even though they showed how the software acts in action, we realized it was all staged. We realized that FX Sniper account equity didn\'t chage during the trade, only pips do. Keep in mind that during the active trades, even pips are seen as wins or loses.

    More alarming things

    They used fake testimonials and we found that out by finding stock photos that they used along with made up statements.

    What happens when you register on fxsniper.co website?

    As soon as you sign up for an account, you\'re asked to open a new trading account which will be associated with one of their brokers.

    Even though they said that this system is completely free, you still have to fund broker\'s account. On top of that, you have no idea who is your broker and whether he owns a license or not. Never trust unregulated brokers!

    FX Sniper Software Scam Review - Conclusion!

    We hope that our detailed investigation helped you realize that FX Sniper is just a scam that\'s made for one goal only - to steal your hard-earned cash. We highly recommend you to stay away from it!

    trading software, Forex, shady offer, scam, Simon Reed, FX Sniper
    Scott Evans
    23.08. 2017 18:36  | 

    Fast Million is a new binary options trading system. Allegedly, this system is combined with the Sigma Pro system and together they are supposed to turn you into a millionaire within no time. It\'s easy to use and you just have to invest $300 into it and you\'ll start earning money.

    Who stays behind Fast Million?

    As they say, Nikolay Potanin, the Russian scientist developed Sigma Pro trading system for some major US bank. Somehow, his system \"leaked\" to the market and it became accessible to everyone. The problem is that we don\'t have information about the company nor the owner of this offer so how are we supposed to trust such suspicious story? We could be dealing with a scam here so we should be careful.

    How Fast Million Works?

    This trading system uses Sigma Pro software in order to analyze tons of data and generate signals and place trades on its own.

    Disturbing things found!

    Thanks to Google search by Image, we managed finding \"members\" of the Fast Million which Fast Million used for creating phony testimonials. Realizing that they used paid actors made us never trust this offer again.

    Even though the expiry time is minimally 60 seconds, during their promo video they showed trades with 12-second expiry time.

    What happens when you register on fastmillion.co website?

    You\'re supposed to fund your account with at least $300 and you\'re good to go.

    Since we don\'t know anything about the company standing behind this offer, we shouldn\'t give our credit card information to them - this data could easily be stolen!

    If you think that you\'ll be able to withdraw any money while dealing with unregulated brokers, you\'re wrong. If you\'ve invested your money into some unregulated broker\'s account, consider that money gone.

    Another thing is that, by using auto trading systems, your entire balance can easily be spent and there\'s nothing you can do about it.

    Fast Million with Sigma Pro Scam Review - Conclusion!

    Thanks for reading out thorough review! Hopefully, you realized that Fast Million is just a scam which you should stay away from. Keep trading safe!

    binary options, trading system, scam, Sigma Pro, Fast Million
    Scott Evans
    23.08. 2017 18:34  | 

    Latest trading system called Copy My Cashflow can allegedly make you $1,000 per day.

    Who stays behind Copy My Cashflow?

    Unfortunately, copymycashflow.com didn\'t give us any information about the company nor the owner of this offer. There\'s some guy named Josh that showed up doing their promo video but we don\'t know anything about this Josh either - and they didn\'t show any correlation between him and the Copy My Cashflow. Because of this situation where we end up having no idea who we\'re dealing with, we\'re marking this Copy My Cashflow as a bogus offer, but we\'ll see what else can we find out.

    How Copy My Cashflow Works?

    During their promo video we just heard that it operates with binary options but that\'s it. They didn\'t even prove it - they just said it, and we\'re just supposed to blindly trust everything we hear?

    Disturbing things found!

    We realized that they used paid actors from fiverr.com and because of phony statements and paid actors we really can\'t trust this fraudulent system!

    They said that their system operates with 0% risk. Don\'t fall for this lame claim - you won\'t ever be able to encounter 0% risk within the financial industry.

    They are also trying to hurry you up with opting for their choice and investing into them - don\'t fall for this trick. They just want to confuse you and not let you know find out what you\'re dealing with.

    Copy My Cashflow Scam Review - Conclusion!

    We really hope that we\'ve showed enough evidence for you to realize that this fraudulent system is not the kind of system that you\'ll invest into and increase your monthly income - the complete opposite will happen! Don\'t waste money on this.

    trading system, bogus offer, binary options, fraudulent system, financial industry, Copy My Cashflow
    Scott Evans
    23.08. 2017 18:32  | 

    Latest trading robot that trades binary options is the Centobot App. Allegedly you\'ll be able to earn tons of money with 90% return-ups. It\'s free of charge and easy to use even for newbie traders.

    Who stays behind Centobot Software?

    This is the first problem we encountered - we don\'t know who stays behind Centobot. We didn\'t find any information on centobot.com so we don\'t know who is the owner or the company standing behind this offer. We might be dealing with a phony system but let\'s see what else can we find.

    How Centobot System Works?

    There\'s no information saying how this software works. They just told us that it\'s automated and that\'s it.

    Disturbing things found!

    Rest assured that the usual percentage of return rates is around 70% to 80%, and they are promising us 120% profit rates. Don\'t fall for this trick because Binary Options industry will not meet 120% profit rates, ever.

    On centobot.com we can see many rewards dating from long before the 2017. However, thanks to whois.com we found out that their website was registered on 16th February, 2017. How could have they achieved awards long before this date?

    They mentioned that one of their rewards came from the Tech Finance website. We decided to check it out and guess what - they lied! Tech Finance didn\'t give them any award.

    What happens when you register on centobot.com website?

    Remember how they said that this robot is completely free of charge? Well they lied again! Not only that they are asking you to invest $10 but they are also talking about 10 cents being the minimum amount you can trade with. This is a pure lie! The usual initial investment is $250 and the minimum trade investment is $5.

    Centobot Software Scam Review - Conclusion!

    Based on everything we mentioned above it should be quite clear that Centobot is a scam which we need to stay away from. Keep trading safe!

    trading robot, binary options, phony system, scam, Centobot
    Scott Evans
    23.08. 2017 18:30  | 

    Latest completely automated trading system is the Binary Option Auto Trader system. This binary options trader is, allegedly, treated like a VIP. It\'s free to use and it doesn\'t require download. The best feature this system provides is the stop loss.

    Who stays behind Binary Option Auto Trade?

    Unfortunately, binaryoptionautotrading.com didn\'t give us any information about the owner nor the company standing behind this offer. We\'ve heard of some guy named Jerry but we can\'t find any correlation between him and this system. We also have no idea who this Jerry is, where does he come from nor what does he do for living.

    Because of this anonymity, we are forced to be extremely careful and suspicious towards this shady offer.

    How Binary Option Auto Trade Works?

    We didn\'t hear a word about any algorithms, strategies nor formulas that their software might be based on.

    Disturbing things found!

    We found fake testimonials on their website binaryoptionautotrading.com. We realized that because they used photos from the Internet and made up some stories.

    Another bad thing is that they said their software operates 24/7. How is that possible if the market is closed during the weekend? They either have no idea how the market really works or they just want to scam people with poor lies.

    What happens when you register on binaryoptionautotrading.com website?

    After the registration, you\'re asked to fund your broker\'s account by giving credit card details via their form. Don\'t do this! Nobody guarantees you that your data will remain secured.

    Binary Option Auto Trade Scam Review - Conclusion!

    Based on everything that we provided to you, we hope that you are now aware that you shouldn\'t invest into this fraudulent system.

    automated trading system, binary options trader, shady offer, fraudulent system, Binary Option Auto Trade
    Scott Evans
    23.08. 2017 00:00  | 

    As an expanding number of binary options brokers enter the market, let’s see how traders can hook

    Binary options have obtained generous following recent years and numerous binary options brokers have therefore developed to claim their share of the market in this very lucrative market.

    There\'s almost certainly that binary options trading are an inviting method for creating alluring profits on your investment. They offer a simplified version of trading which is perfect for novice and it is maybe this simplicity that has made them so appealing to beginner traders and caused a spike in their popularity. There are currently well over a hundred binary options brokers in presence… and counting!

    Regardless of whether you\'ve traded binary options, as most financial establishments, they have turned into the subject of much scrutiny, not at least in light of the fact that they have gotten what\'s coming to them of negative press, most strikingly for specific parts of malpractice, for example, withdrawal issues. In any case, are for the most binary option broker the enormous scam that a few traders claim and who have gone ahead to post their disappointment on the different industry forums?

    I have reviewed binary options broker for quite a while and since I have been associated with researching about them, I have created my own conclusions of who are the best in the business. I trust it\'s not so much reasonable that every single binary options broker ought to be discolored with an indistinguishable brush from the individuals who have obtained themselves terrible press. Binary options is much similar to any industry as in there is the great and the terrible. Take computer software, for instance. There is extraordinary software and there is awful software. The similar goes for the auto and banking industries, actually, practically any industry you want to take a gander at. Things being what they are, in this regard, why should the binary options industry be any extraordinary?

    Do Your Research

    It is obviously vital to filter out the most respectable brokers and that implies doing your research. When I review a broker, I don\'t simply examine their site; I likewise take a look at other reviews and search out any online customer feedback. It\'s not generally simple for a would-be trader, in any case, since numerous probably independent reviews are written by affiliates and might be one-sided towards at least one binary option brokers.

    Frequently I observe these to be ineffectively written so I tend to leave the site as fast as I arrived. There are, be that as it may, a couple of trustworthy review sites that deliver reasonable and legitimate reviews and these can be exceptionally profitable in giving an outline of the services offered by a broker, and in addition featuring the upsides and downsides.

    All the more relevant, it is best to begin with the broker\'s site itself. While it can be hard to track the unwavering quality of a broker specifically from the site, there are things you can pay special mind to. As a matter of first importance, and in particular, is to check whether the broker is regulated. Since binary options are generally new to the market, having just been around since 2008, they have properly turned out to be liable to strict regulations likewise to banks.

    The significance of regulation can\'t be focused on enough and it is the best tool a trader can be outfitted with. A legitimate binary options broker ought to have an industry-recognized license trading license including a list of rules and regulations which brokers need to hold fast to all together that traders may dependably and unquestionably utilize their services, for example, CySEC and FCA. In the event that a broker is regulated, you won\'t need to spend long checking out their site for proof of certification. It will be unmistakably shown on the homepage.


    This leads me to another vital aspect that a prospective trader should pay special mind to – transparency. This is not simply as far as uncovering the correct potential percentages on their platform, yet entire transparency in each aspect. Full account transparency, for instance, is imperative and having the capacity to review every one of your transactions, including deposits, withdrawals and in addition winning and losing investments can give valuable help with your own individual risk and money management strategies.

    Traders ought to likewise hope to tick other boxes. Keep in mind, it\'s not just about picking a broker who offers the most astounding payouts. Different things that I pay special mind to while reviewing a broker is the manner by which proficient a site looks, regardless of whether the trading platform is anything but difficult to utilize, whether the trader gives a best of-the range education centre, a extensive FAQ library, clear purposes of contact for client service, secure payment methods, track record/history and clear access to a free demo account.

    Most importantly, it is relevant that traders read the broker’s terms and conditions. Inability to comply with the terms and conditions is one of the primary reasons for most complaints so it is essential to completely comprehend them before going into any trades. This likewise applies to bonuses and incentives which dependably have terms and conditions attached to them.

    One last tip and one which I generally make utilization of is a broker’s chat line. Regardless of whether I\'m hoping to check whether they offer a demo account or keep an eye on their minimum deposit amount, whatever it is I don\'t know about, I generally get in touch with them along these lines, and you ought to as well. The speed and way in which they react is a decent indicator on the mastery and demonstrable skill of the broker being referred to.

    Generally, I have reviewed numerous binary options brokers and these are the means I for the most part attempt to set up a reasonable and honest evaluation of them. There are many brokers who tick most of these boxes and I trust that on the off chance that you know precisely what to search for, you can without much of a stretch get rid of the so called \"scammers\" and discover a totally authentic and professional broker. In doing as such, you will guarantee that you\'re in the most ideal hands and can go ahead to trade with certainty.

    finance, trading, binary, stocks, investment, broker, trader
    Scott Evans
    22.08. 2017 00:00  | 

    Unless your product offers each trading tool on the face of the earth without such an extensive amount an idleness of

    Trading platforms have recently observed the hugest changes in an era. Let’s see those advancements and their implications.

    For more than 10 years, the basis for all trading platforms has spun around Flash, Java and .NET technologies. This has recently changed as HTML5 is rapidly and clearly turning into the favored markup language for platform providers. With the percentage of mobile traders and Mac users quickly rising, the lightweight and multi-platform HTML5 has normally been distinguished as the main technology supported most devices and operating systems.

    In spite of the fact that this move is not constrained to platform providers, we can\'t deny that the financial industry has gigantically profited from this change. Mutuality, consistency, upgraded availability; enhanced collaborations, cross-browser and mobile optimization, and higher responsiveness are quite recently a portion of the advantages that accompany a HTML5-coded trading platform.

    Platform providers can gloat advanced charting tools, incorporated video feeds, fluid trade responsiveness and customizability which go far towards enhancing user experience. In spite of the fact that huge numbers of these advantages could be found in past Flash/Java/.NET-based trading platforms; coding a HTML5-based trading interface is presently a less difficult undertaking which rearranges multimedia and graphical integration, and improves software semantics.

    On the trading side, users are getting a charge out of speedier platform responsiveness, fully integrated tools, customizable chart views, and in addition an improved mobile trading experience, among others.

    What’s happening is that platform providers can pack an ever increasing number of tools and features into their trading platforms. Different customizable charting systems, technical indicators, trading robots, social trading, and different option types (for binary options platforms) are presently fully-integrated into trading platforms.

    As a trader, having these tools and features in one single interface and having the capacity to connect them in real-time can limitlessly enhance one\'s web and mobile trading experience.

    Brokers never again need to import these tools and features from third party. Platform providers are currently ready to effortlessly integrate them into their platform without the bother related with Java/Flash/.NET coding, while traders advantage from a wealthier trading platform with enhanced execution. It\'s a win-win… win.

    Facilitate Advancements

    The development of Geolocation tracking as of late has likewise enabled brokers to offer a superior execution and response rate to their traders. On the off chance that a broker has a few servers situated in various geographical areas, a trader from a particular country will then be straightforwardly connected with the correct server and appreciate swifter trade executions because of lower latency.

    With the utilization of the node.js runtime environment (which similarly keeps running on most major platforms), the data feed showed on trading platforms is by all accounts altogether speedier. The convenience of node.js, alongside its speed and adaptability, makes it the perfect runtime environment for platform providers to utilize as to real-time data feeds on the trading interface, without stressing over any blocked procedures given that node.js essentially never executes I/O in a split second.

    To put it plainly, what node.js does is send data to the software’s front-end when the server gets data – at greatly high speeds.

    The most recent couple of years have seen software developers and, all the more particularly trading platforms provide, practically constrained into a reconsider of their trading interface\'s general system. As is just about a cliché at this point, innovation continually advances thus should your software.

    With the present demand of this regularly developing industry, unless your software offers each trading tool on the face of the earth without such a large amount of latency of one microsecond, you\'re ancient.

    Give it five years and we may very well arrive.

    finance, trading, binary, stocks, investment, platform, trader, broker
    Scott Evans
    21.08. 2017 00:00  | 

    What win rate is a reasonable expectation for a relatively new Binary Options trader?

    Anyone who has ever considered trading Binary Options will be mindful of the claims that are created by brokers and the different vendors of software and training. I will not repeat them here. Suffice to say that they frequently promise fairly eye-watering returns.

    This is relevant because these claims can turn to very high expectations among traders. This kind of will usually bring about poor risk control and a failure to make a reliable trading strategy.

    Are the claims false? And what should a trader reasonably be prepared to achieve? It is probable to earn high returns. Obviously you can get lucky.

    But could it be probable that you\'ll achieve this? And although you may do get a lucky streak, how much time does it continue? And what then?

    Your Goal as a Trader

    Your goal as a trader is to earn profits. If you believe its other things then you will need to believe again. Therefore the question is how you may maximize your likelihood of gaining a good return.

    Most top traders and authors on trading give the similar answer - don\'s lose much and earn above the long-term. Which means that traders must protect themselves up against the \'forget risk, earn quickly\' mentality that appears to dominate a lot of the advertising in Binary Options sector.

    The Significance of the Win Rate

    The key drivers of profits when trading Binary Options is the ratio of winners. In the event that you trade without a good trading strategy then you should expect that 50% of your trades, at best, will be winners. In the end, you\'re just tossing a coin.

    Vendors of signaling software or robots often claim success rates of 80% or higher. The implication is the fact that in the event that you take the trade with the signals they offer then you\'ll have a winning trade 80% of that time period.

    This sounds good, but could it be too good? How might you evaluate a claim like this?

    To start, suppose you purchase a signaling product that claims 80% success. Now take a look at what you ought to expect in terms of profit from something with successful rate of 80%.

    Suppose you take 100 trades with $10 risk on each and the average payout ratio of 75%. This trading makes revenue of $400.

    Now suppose you were trading quite conservatively so you put only 2% of your finds at risk on each trade and also you took 5 trades per trading day. It could take in regards to a month to attain 100 trades.

    For $10 risk per trade then your fund will need to have been $500 to start out. So you could have made a profit of 80% in per month.

    How Does That Sound to You?

    Quite great. So you prop it up just following the signals that are given by the software you have bought.

    The next month your fund is currently $900 so you can expand your trade size to $18 and still keep in the 2% for each trade limit.

    Keeps this up, continually adding your winnings to your fund and expanding your trade size as needs be. In 1 year your fund will have developed from $500 to around $1 million.

    Thus, in a year, you\'re a millionaire. Without truly doing particularly as far as figuring out how to trade or to break down Markets. Signals are anything but easy to put trades. So your only input is a couple of minutes a day.

    Does this still sound like a sensible expectation? Obviously not.

    Why should you hope to earn money so effectively. All things considered, another person must be losing that money. In the event that it\'s that simple, why isn\'t everybody doing it?

    There\'s something incorrect here. What\'s wrong is that you can\'t expect that any strategy will reliably give you 80% winners, with the exception of very short periods.

    What Is Your Success Rate?

    On the off chance that you are trading with an average payout in the region of 75% you will require near a 60% win rate, simply over 57% to be exact, to be profitable.

    In this way, disregard making 80% success, or even 70%. Winning 60% would mean you are profitable, regardless of the possibility that the average payout ratio is low.

    Since it is sensible to expect that random trading will deliver a 50% success rate, the inquiry you should address is the means by which you can get this up from half to 60% or above.

    A few Questions to Ponder

    Do you know what success rate you are getting with the strategy you are at presently utilizing to distinguish trades? On the off chance that you can\'t achieve 60% wins, why might you expect 70% or 80%?

    Your goal is to earn a positive return. You may gain huge however it is not plausible. Ensure you stick to great risk control. Do you have this set up?

    You won\'t do this unless you have sensible expectations. You are not going to accomplish a win rate of 80% or returns of 40 or half for each month unless you simply hit it fortunate for a brief span.

    Expect to build up a strategy that will get you over 50%wins and afterward works from that point. View 60% as successful. Obviously you can establish further from that point however that is a decent target.

    At that stage you ought to have the capacity to answer a key question regarding your trading completely. What is it about you that imply you should hope to be reaching good returns?

    What is your edge? Until the point that you can give a good answer to this and point to the evidence you are still in the underlying learning stage. Maybe you will be a star trader one day. Be that as it may, not yet.

    finance, trading, binary, stocks, investment, trader, broker
    Scott Evans
    20.08. 2017 00:00  | 

    Numerous forex traders are making numerous small profits over a couple of vast losses. Binary options alleviate the losing part of

    As the greater part of the readers definitely know, binary options trading has obtained monstrous popularity in the course of the most recent couple of years because of its inherent simplicity. Giving a trader two decisions and telling to them precisely the amount they stand to win or lose before the trade is even launched, abandons them with no place for wavering.

    We\'ve read many articles about which strategy is the most gainful one of all, and which one is well on the way to exceed the negatives with positives. Let\'s be realistic: there isn\'t and there never will be any secure recipe for boundless trading success. All that exists is a little set of trading strategies which may enable traders to acknowledge more profit than losses in a single trading session – that is conceivable.

    Let’s look at two separate strategies: Trend Following and Reversal/Ranging procedures.

    As a general rule of thumb, Markets trends at around 20% of the time, and the other 80% sees them in a non-trending – or ranging state. This doesn\'t imply that Markets return to a mean each and every time as such, yet rather that they oscillate. Certain research, or technical indicators, enables traders to recognize certain target oscillation levels.

    Trend Following Strategy

    A Trend Following strategy is encapsulated by longer-term trades, i.e. catching a trend. A not too bad Trend Following strategy will be profitable about 30% to 40% of the time, with losses happening the other 60% to 70% of the time. The name of the game is to have those winning trades more than make up for the losing trades. Also, one needs the \"stomach\" to lose 60% to 70% of the time; it requires perseverance and a genuine measurements of discipline to simply wait for that profitable trade to come along while looking at your balance shrink.

    Basically, most traders who receive a Trend Following strategy do as such with the expectation of gaining by market movements, paying little heed to their direction. Traders who utilize the Trend Following strategy will wait for a trend to set up itself, at that point jump on it and ride it until the trend never again perseveres.

    As a general rule of thumb, we can begin discussing a \"trend\" just when an asset’s direction is managed over a specific timeframe. Contingent upon the extent of the trend, this can be anyplace from a few hours to a few days.

    The larger part of traders would be inclined to utilize Moving Average indicators with an end goal to identify a trend. Commonly, the trader will utilize anyplace between a few moving averages set to various periods with a specific end goal to affirm the presence of a trend.

    Distinguishing an entry point is generally accomplished with the assistance of momentum or \"swing\" indicators, (for example, Stochastic or RSI), which will be utilized to enter the market on counter trend corrections.

    Once the trade is placed, the trader will attempt to keep his potential losses tight while expanding his take profit level as the trend develops.

    Reversal/Ranging Strategy

    Markets have a higher tendency to \"range\" or move sideways with no unmistakable direction. A Reversal strategy is encapsulated by taking short term trades with the anticipation that prices will bounce back to past levels. This strategy enables the trader to catch considerably more profitable trades (a not too bad mean reverting strategy should demonstrate a win ratio of between 60 to 70%). This strategy is more prevalent among amateur traders because of their mental inclinations (i.e. winning more regularly than losing).

    While applying a Reversal strategy, traders will most usually utilize key levels, (for example, old highs and lows from past trading sessions, key Fibonacci retracement levels and other) and additionally technical momentum indicators, (for example, the Bollinger Band indicator, CCI, RSI and other) to identify entry levels from which the price is probably going to bounce back once again from.

    Nonetheless, numerous traders end up making numerous little profits over a couple of substantial losses. In reality, keeping in mind the end goal to have a higher win rate, the trader will normally convey more extensive stop loss levels and more tightly take profit levels.

    Binary Options + Ranging Strategy = Winning Strategy

    Binary options are perfect for Mean Reverting strategies as they extensively mitigate the losing portion of the equation. Why? How about we discover refuge in numbers:

    Consider a Mean Reversion strategy where you put a Call option at whatever point the market rate is underneath the lower Bollinger band, and a Put option when the market price is over the upper Bollinger band. Such a strategy could give the trader a win ratio of 70%.

    Expect you trade the strategy with binary options, giving you a 80% payout on the off chance that you win, and a 100% loss on the off chance that you lose. Each trade is for USD 1,000. Out of 10 trades, you ought to be making 7 gainful trades of USD 800 payout each (or a total of USD 5,600), while losing 3 trades of USD 1,000 each (or a total of USD 3,000). The strategy should net you USD 2,600 after 10 trades – not terrible for full time work! Generally, binary options enable you to restrict your negative outcome by evading those painful extensions when you\'re off-base.

    It is along these lines clear that the Mean Reversion strategy is more versatile to binary options trading, notwithstanding going the extent that saying that binary options impeccably suit this strategy due to the previously mentioned factors.

    Between the two strategies talked about here, I have my money on Mean Reversion.

    finance, trading, binary, stocks, investment, market, trend, strategy, broker, trader
    Scott Evans
    20.08. 2017 00:00  | 

    To separate themselves from new brokers mushrooming each week, some chose to go the additional mile to prove their financial

    Binary options used to be in vogue and innovative when they entered the market. They made options trading open to everybody, with a known ROI, no need to comprehend complicated charts, no hidden charges nor extensive sign-up processes. The trader was up and running, and prepared to trade only a couple of minutes.

    That hasn\'t changed. What has changed is that now the binary options market is immersed with copycats. Lamentably, there may likewise be various companies out there which are a bit underfunded to be in this space. However, there is likewise uplifting news and indications of development originating from present and emerging brokers that are standing out.

    Binary Options and the US Market

    Are binary options legal in the US? The short answer given by trades which are authorized in US: it depends. Binary options themselves aren\'t unlawful, or legal besides, in the US. The lawfulness relies upon who gives them. On the off chance that it is a US-licensed entity, at that point it can lawfully offer binary options to the US public. On the off chance that the entity does not have a license, at that point no binary op