This is the Million Dollar Challenge binary system review. Let me first note that binary options trading takes big share of the market these days. It is more and more common to find people, who have tried this auto-trading solution. Or are currently trading, using different robots. I am aware of this type of profit earning, too.
My experience has taught me that there is no free lunch as there are no completely safe auto-trading systems. Some of them are definitely capable of generating good profits, but there are too many fraudulent products as well.
My best intention to provide you with information about a legit binary options robot has failed once again. In this review I am going investigate another brand new scam – the Million Dollar Challenge system. It is created by William Stanford (founder of Stanford and Marcs Trading Group).
Review Verdict: Million Dollar Challenge is a Scam
The Empty Space Opens
Now, most of you must have visited many different binary options robots’ landing pages. You know, all the familiar and common things each one of them has. Yes, but not in this case. When a visitor opens the homepage of Million Dollar Challenge he senses that something is missing from the site.
The Promo Video Contains No Useful Information
This is due to the fact that except the promo video, there is no substantial and validated information about the product. No matter how hard users are trying to find something legit and trustworthy about the auto-trading robot, there is nothing there at all. So, the sole option for them is to watch the video. Maybe in there is all the important information every person needs in order to trust a binary options trading system and put funds in it. At least, this was my hope.
Is Million Dollar Challenge a Scam?
After starting the advertisement video, users are being presented to Mr. Stanford, the so-called founder of the company, that has created the binary options trading robot. He starts telling fairy-tales about the high profitability rate his product possesses. This is conducted by presenting a personal story of an unemployed mother. She has changed her life after starting to gain profit with the MDC software. This scene looks like a badly directed part of an endless soap-opera. This cheap trick is just another alert for the user that the sheets of the binary options robot smell fishy.
F(r)EE Access Granted!?!
At the beginning of the video, we can hear how Mr. Stanford telling us that there is free access to his robot for a limited period of time only. However, at the end of the video the same person explains how his main goal is his binary options trading system to be reachable all over the world for free? It kind of doesn’t make any sense, don’t you think? Also, it turns out that there is no such thing as free use of the software at all. It comes out that each user should pay 3% of his personal profit to the company on a monthly basis. After all, I think a little mistake has been made. Instead of free Mr. Stanford means fee!
There is no such thing as a Free Lunch!!!
Fake Approval Stamps
Part of the empty landing page is a section, filled with the ever so popular and convertible stamps of approval. They have the purpose to add some significant reliability factor to the auto-trading robot’s performance. Maybe so, but these so-called stamps are nothing else but fake – there are no links, no referrals, standing behind them, just nothing, only plain pictures. Everyone could fabricate such and disperse them all around the global network.
The Big Fraud Revealed
Many things are being said about the great profitability and high success rate of the Million Dollar Challenge binary options trading system. It is promised to earn at least $1300 per day, to be easy for use and relying on sophisticated algorithm which is based on fast technology implemented, as well as on constantly updating trading strategies. These should grant enormous amount of profits, accumulated for each trader. At least, this is what William Stanford is trying to convince people in.
Million Dollar Challenge’s Hidden Secret
A little investigation, however, shows that all these small talks and promises are just one big fat lie. In the Disclaimer section of the Million Dollar Challenge’s landing page, which is well hidden with extra small link, situated at the bottom of the site, by the way, it is explicitly stated that this binary options trading robot is NOT actually able of generating profits.
Disclaimer Section Denying Any Profit Possible!!!
Getting exposed to so many fraudulent products, sneaking through the global Internet space, is dangerous to all the people who are looking for an investment deal. The scam products are the greater part of the software available for such purpose. That is why, finding a legit and reliable trading partner is a hard mission for every one of us to accomplish. After all, there really are some good and authentic products, that could help you in what you want to achieve, but you must be extremely cautious while searching for such.
Review Verdict: Million Dollar Challenge is a Scam