Secret Millionaires Club 2016 is a SCAM!
What is Secret Millionaires Club 2016 based on their presentation?
Secret Millionaires Club 2016 was released officially on 4th January 2016 and it represents a secret club of 50 members (30 spots has already been taken up while leaving 20 spots for the rest of the world) aiming to be millionaires in 6 months time by using the binary options auto trading software from this club. The presenter, Steve, introduced 2 individuals, Mark and Alex, who worked as professional traders from Wall Street that are already millionaires by using this auto trading software, and Alex of course had provided the presenter a life changing software that earned him massive amount of money. The presenter also mentioned that the there is limited slots left for new members to be in this Secret Millionaires Club. We find that the presentation is too good to be true and the presentation consist of tricks to pressure people to buy into this hope of being a millionaire in a short amount of time. Please do look at the following suspicious data and aspects on this presentation:
Suspicious Elements/Aspect of Secret Millionaires Club 2016
One of the main factor that appears to be very suspicious to us is the claim that this binary options auto trading software is capable of making $1 million from an initial deposit of $200 in 6 short months. That would certainly require an all-in attitude and 100% accurate trading to be able to achieve that goal in such a short time. We discourage such gambling style of trading, because that would certainly move all your funds into the broker’s pocket in a blink of an eye. Let’s go further into the screenshot of his achievement shared in the presentation video, Steve started with an initial deposit of $200 and achieved to have a total of $4,200.24 in his account balance after 3 winning positions and 0 losing positions. This is most certainly impossible with just 3 winning positions, because there is no leverage of additional funds in binary options which allows such increment in funds. Say in best case scenario, where Steve decides to go all in $200 in the first trade with 90% return on ITM, he suppose to get $380. If he would go all in again for the next 2 positions and successfully wins, he suppose to have $722 and $1371 respectively as his total account balance. NOT $4,200 as account balance. Steve also shows 1 more screen shot of the capabilities of this binary options auto achieved a total account balance of $201,006.20 for 87 winning positions and 3 losing positions. Obviously with 87 winning positions and 3 losing positions, it may be possible to achieve such staggering results but it may require quite a risky money management style. The other element to take note is that Steve is presenting this auto trader to have a 87 win/ 3 loss statistic which is a 97% ITM/success rate. We at Binary Options Sentinel is very skeptical on binary options auto trading software that has such a high ITM rate.
The next element that we find suspicious is the widgets on the website itself that indicates the membership slots left available for the Secret Millionaires Club, and also the link expiry timer at the bottom of the website. Let’s just put it this way, Secret Millionaires Club 2016 will always be available for the public and the club will most certainly be happy to take your money anytime as long as the website is still up. It does not matter how long you stay at the link and the membership slot counter does not matter as well because the number increases once you visit the page again. The need to such widget to pressure buyers to buy your services seems to be quite insincere when it truly does not matter. Apart from that, there is no demonstration on how to software works and no testimonial from users that had used Secret Millionaire Clubs 2016 auto trader.
Conclusion: Secret Millionaires Club 2016 is a SCAM!
We conclude that this Secret Millionaires Club 2016 is a SCAM due to their unrealistic claims, inaccurate/unrealistic returns represented in the presentation video, shameful sales pressure applied to secure buyers, and lack of auto trading software platform walk through as well as no testimonial available. Please do refer to our Binary Options Signals page should you are interested in looking for reliable binary options auto trader or signal software!
Verdict: Secret Millionaires Club 2016 is a SCAM! Avoid this
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