Is Perpetual Formula a SCAM or LEGIT Software? Dangerous FRAUD!
Beware of Perpetual Formula by David Parker‘s offer! This scam runs by special invites where only specific links that could actually bring you to the active perpetualformula.co. This devious scam is cleverly disguised as “special invites” only and also well staged to fool innocent traders. This review is written in response to a feedback from one of our subscriber whom tried his luck with this system but ends up losing all of his deposit. It’s unfortunate that we weren’t able to warn traders about Perpetual Formula Scam due to the “special invite” only basis. Nevertheless, this report would serve other traders which is curious about whether to invest into this trading app.
Profiting $2,000 in an hour with an initial investment of $250 will only happen in your imagination! It is completely unrealistic as Perpetual Formula truly demonstrates perpetual fantasies of over-promising income. David plants ideas and hopes like earning $100,000 monthly and becoming a millionaire throughout the video. The so-called secret to his narrative is the Machine Readable News technology paired with it’s 100% NO LOSS trading algorithm. Nonetheless, innocent traders lost money while putting their faith in this software. Consequently, we investigated this system and noticed deceitful tricks in this offer. Please continue reading our review for more detail!
Perpetual Formula SCAM PLOY!
The presentation video is definitely well produced with many coincidental factors such as the venue which was used for Amissio Formula Scam we blacklisted previously, and woman appearing to collect “donations” from him. They are all paid actors doing their job in an office that prints “Perpetual Formula”‘s on paper and slaps in on the wall. Such expensive production is the extra mile that scam-artist goes to increase their chances in fooling viewers.
David Parker himself is an actor that appeared in previous auto trading system scam called the Drexel Code! He was one of the programmer that claimed to have produced another phony “100% trading system”.
Presuming that the above mentioned are real, but there are no physical evidence to actually verify Perpetual Formula Inc’s existence. Every attempt to search in the US company registry for it’s records failed . As such, the theory of using Machine Readable News technology that helped this software to make people rich (up to the point of being Fortune 500 riches and billionaires) is highly suspicious. Further investigation reveals that Machine Readable News are commonly applied in High Frequency Trading (HFT) to quickly buy/sell stocks in split seconds. Thus, applying such a technique for binary options trading is in reality, highly unlikely due to the limitation from fixed expiry!
Is earning $100,000 monthly income possible with an auto trader that has 99.6% accuracy? Yes it is, BUT, 99.6% winning accuracy is NOT POSSIBLE! There is no such auto trader that has that track record and even the best trader in the world does not hold such a performance. Proof that is attached along in the webpage are clearly fabricated testimonials and demonstration! We have identified errors in the video demonstration (located in the members’page) that attempts to show us a new account that starts with $0 to over $200,000 in an instant! This is definitely fake as we observed the time/date when the account balance was shown before and after was only seconds apart! Additionally, another demonstration (video presentation) attempts to convince viewers that they will earn $2,000 in an hour. Suspiciously, David only shows the account balance from Binary Book instead of the auto trading platform! It is safe to assume that all these demonstrations can be deemed FAKE!
Invest Only in Profitable and Reliable Auto Trading System, NOT Perpetual Formula!
Scam-artist have recently been creative in designing their fraudulent auto trading system that tarnishes the binary options industry. You will be able to see a long list of SCAM auto trader in our BLACKLIST just because this is a reality. This industry is being targeted and treated like a play ground for scammers. So, it is always adviseable to do some research before you invest your money in any binary options related products.
Perpetual Formula’s Conclusion
We can safely conclude that Perpetual Formula is a SCAM binary options auto trading system! It’s concept of their secret algorithm based on Machine Readable News, fake testimonials and flawed demonstration have our trust removed completely. Please stay away from this Perpetual Lies Software!
Trusted Binary Options Signals/Auto Trading System!
We would recommend new traders to check out other information available in Binary Options Sentinel in order to gain additional knowledge on trusted binary options brokers and signal services before investing your money! New traders may also choose to try out the free Demo Account to gain some trading experience. Keep in mind that trading with real money can earn you A LOT of money, but do keep in mind to minimize your potential loss! Please feel free to leave your comments below and share the love throughout the community