At this present time, scammers are already using the latest technology in order to perform their illegal activities and victimize other people. They are waiting for their victims to fall into their prey. Such technology is very useful to those scammers who are victimizing potential investors, especially those who have no prior knowledge about investments and trades.
The trading of binary stock options is a field where a lot of scammers are present. They usually create and develop binary stock options trading apps, such as Trade Fusion. They create a lot of hype around Trade Fusion so as to entice many potential investors to sign up as members. However, for you to avoid becoming a victim of a scam, there are a number of things that you need to take into consideration.
First, an extensive research done on your part about the specific software is important. To do this, you might want to start by talking to an experienced investor you know. With his trading experiences, this investor should be able to give you an advice with regards to the legality of the trading software application that you are interested in using. You might want to show him the website of this specific app. In most cases, an experienced investor can easily point out the red flags that may be present in the website. Some of these red flags are fake counters that take note of the total number of members and money earned, fake testimonials that were made by paid actors, fake pictures of the team members, and missing or unnecessary features, among others. You can also make use of online forums and blog posts of known investors.
Once you sign up for this system, a broker will be assigned to your account to manage the money that you have deposited as your trading funds. In this case, you must be knowledgeable about such broker, too. You must know where the broker is operating, where its office is situated, and which country it comes from. You have to make sure that the broker is controlled by a specific regulating agency that is acknowledged by government authorities. You should check with this regulating agency about any unethical practice or complaint associated with a specific broker which have been reported by several investors. If they have been reported to a regulatory agency, you should check what actions have been performed by the broker to answer such complaints.
Typically, a document that is stipulating all the terms and the conditions of this business endeavor will be provided to you by the broker. They will be requiring you affix your signature on such document before you can proceed with the trading activities. Before you do so, though, you have to make sure that you have carefully read and understood such terms and conditions. You have to go through the whole document and also make sure that the terms are legal since the document will be binding. Some of the terms that may be included in the document are the penalties for being inactive in the trading arena, or following a certain minimum withdrawal amount.
There are a number of ways which are being employed by several individuals in order for money to be earned. There are several reasons why they do so. However, the most common reason is that they need to support themselves and their families. With the money that they will be earning, they can purchase those things that they or their families need and want.
One of the ways that they are employing is to engage in binary stock options trading. There are a lot of binary stock options trading software applications, such as Trade Fusion, that are already rising in popularity. The app was created by a certain Timothy Marcus and promises a guaranteed return to any potential investor who will be signing up with them. However, before you decide to join such system, you should first know some important things about such application. This way, you can determine whether it is a scam or not.
The website of the Trade Fusion app, itself, contains a lot of red flags that any experienced investor would definitely notice. First of all, you will be noticing a “sync” button that is displayed on the site. With this button, they could be giving a confusing assurance that you are using the updated software version. However, the confusion starts on the fact that this app can only be accessed online. This means that it should automatically be syncing with the server.
In their promotional video, they are stating that only the first 500 applicants will be able to use the software without any charge within the duration of 90 days. However, after the said period, you will have to pay for a certain monthly subscription fee in order to continue using such application. Such subscription fee is a separate charge for the deposit that you will be making to your account. Your deposit will be managed by a broker and placed into trading activities. They are claiming a very high percentage for their accuracy rate and that such rate can be maintained. Any experienced investor would know that such situation is not possible. There is also no single proof of authentic earnings or any convincing proof that profits can really be gained.
In addition, you can also take a look at the pictures of their alleged team members on the website. The names and the position of such members are typically written below their pictures. However, if you will be doing an extensive image research, you will find out that these pictures are stock photos which can be bought from the Internet. Videos of testimonials from other people may also be noticed. However, the people in the videos are typically actors who are paid to give their testimonies with regards to the legality and effectiveness of the Trader Fusion app.
All in all, many experienced investors would definitely advise any individual to stay away from this app. If you do not want to lose the hard-earned money that you have put into your account, then, you should look for another binary stock options trading app that is legal. Avoiding a scam means saving your money.
Lots of individuals are thinking of ways on how they can improve their financial conditions. Some people would seek for other jobs that pay higher than their current ones. Others would start their own business enterprises. Still, other individuals would take advantage of investment opportunities.
With regards to investments, you might have heard about binary options trading, specifically a software application named Trade Fusion. This software has been created as well as developed by a certain person named Timothy Marcus. Before you decide to invest your hard-earned money in this platform, you should first make sure that it is not a scam. In this case, you should be reading a 24option review with regards to this specific software application.
The first thing that you need to do is to check for different red flags that you will be seeing on the page. The promotional video of Trade Fusion has mentioned about an office that is based on a prominent city. However, they have not provided any proof as to the complete physical address of such office. This should be a cause for your worries since it would mean that you will not have any way to personally contact any of the team that is supposedly behind this trading.
The promotional video once again mentions about the app being covered by numerous major financial news websites. However, if you will do your research more extensively about the app being featured, you will found out that these major financial news websites will not be returning any result with regards to your search. In this case, you can safely deduce that these websites have never featured such software application in their pages. Most online scammers will typically do this action in order to urge more potential investors to their system, especially those who have no or less experiences in this industry.
The page also displays the photos of the team who are working behind this system. Each photo has a name below it as well as the position that such person is holding in the team. However, you might want to verify the authenticity of such team. By doing a simple Google image search, you will surely be able to see that such photos may just have been grabbed from other profiles.
There are lots of risks which are involved in investing and trading financial instruments. Experienced investors and knowledgeable people know that there is no guaranteed return when it comes to investments and trade. However, this app is promising any investor of a guaranteed return at a very high percentage. In the real world, this situation is typically impossible to achieve. For this matter, you should make sure that you will not be easily swayed with this information.
What you can do to battle out these online scams would be education. You have to gain more knowledge about the financial topics, such as investments, as well as the business endeavor that you are planning to take. You can ask those experienced investors you know about their best practices. They will surely be giving you financial advice that you can use for your own trading endeavor in the future.
Nowadays, there are numerous platforms that are associated with binary stock options. This is one way for you to be able to improve your finances. However, you should always exercise great caution when proceeding with any business venture. There are a lot of scams that are out there to victimize numerous potential investors for their own personal greed.
One of the platforms that are being haunted by numerous binary options trading scams is the Trade Fusion software application. If you have heard about this specific auto trading software and is excited to be a part of this endeavor, you should be thinking about a few things first. Here are some of the important things that you need to know about Trade Fusion.
First and foremost, you need to know the creator of this software application. This app is created and developed by Timothy Marcus. It does not really cost that much and, as such, many people, especially those who are in the middle classes, are using such auto trading software. However, most of them were not really that satisfied with its performance.
In order to get started, you will need to sign up. You can do so for free. After you have signed up, you will be assigned to a binary options broker, such as 24option and others. However, you will need to be funding your account afterwards. There usually is a required amount that you would need to invest. Since this endeavor involves risks, you have to make sure that you will only be investing an amount that you can afford to lose. With regards to using it, you definitely do not have to worry so much since it is offering a very easy user interface. You will not experience difficulty in navigating the software since you can easily understand the instructions without even having prior knowledge about them.
With these things being said, there are several advantages when using such app. First, you are not required to have prior knowledge about this matter. You can see things on screen that will guide you with the business endeavor that you are undertaking through the use of the Trade Fusion software. Another advantage is that you can easily navigate through the page since its interface is user-friendly. This makes it easier for you when checking your account.
However, there are also a few notable disadvantages for this app. Firstly, there is no demo account that you can try out even though such demo account has been promised by the creator. This is good in a way since a demo account is a version where things are sugarcoated to entice the users to get the real version. In this case, you might get disappointed if you find out that these things are not real in the end. Secondly, and probably the most important disadvantage, there is no Customer Care Hotline or Support that you can contact in case you have certain questions with regards to your account. This is a great red flag since you would surely want someone to assist you on how you can do certain things, especially if it involves managing your funds.
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Freebie Trading apparently dates back to around 2006 and you still see these offers today. Is it legit? Can you make any real money with it?