1k Daily Profit is a SCAM Review!
Please read our review on 1k Daily Profit before investing into this binary options auto trading software!
1k Daily Profit is one of the new scam binary options auto trading system that was launched in February 2016. This system claims to be able to be your “Personal ATM” that is able to dispense $1,000 every day!” As this month is one of the most active months for binary options scammers where many scam systems are being produced and released! We at Binary Options Sentinel shall try our best to review as many system as possible in hopes to prevent unnecessary losses to our viewers! 1k Daily Profit is rather easy to review because the scam-like aspects can be noticed very quickly. We shall then share our findings in this review and we hope that the information below will help you guys.
1k Daily Profit’s SCAM System
We have gone through 2 of their presentation videos that is shown in the landing page and the members’ area page which comes to a near 20 minutes in total. However, we were able to spot many typical scam-like aspects in the first video presentation and the landing page itself. First and foremost, the scam system presents itself as a “special invite only” opportunity. This is most certainly not true because anyone with the link is able to access this webpage anyway. Should this truly be a special invite only, special encrypted link or password should be required to access such a deal. Clearly, 1k Daily Profit is not, that was mentioned just to encourage viewers to sign up for their scam system!
Let’s be real here, treating this system as a personal ATM that can dispense $1,000 is definitely too good to be true. Especially in the binary options industry where there is no such thing as guaranteed profits every single day. Hence, to claim that it is able to generate you $1,000 every single day is just unrealistic! Apart from that, the system claims to have an accuracy rate of 99.8%! Despite mentioning that this system is not like the typical scam offers, claiming that 1k Daily Profit having 99.8% accuracy rate is a typical red flag especially for binary options auto trading software. The narrator actually mentioned “99.8% accuracy is unheard of” which he is right, it is unheard of in the real world of binary options industry. Only in the scam world like this system right here!
1k Daily Profit Fake Founder, John Becker
The narrator claims that he is John Becker, the alleged founder of 1k Daily Profit, is highly like a fabricated character made to represent this scam system. It is rather easy to prove that this especially when he is nice enough to attach his photo in the landing page along with his signature below! The picture used to portray John Becker is actually a stock photo, which can be purchased from Shutterstock.com! This just proves that the voice narrator may not even be John Becker himself too. While we have attempted to search for John Becker and his relationship with 1k Daily Profit, we are unable to find source that could verify his existence. There is only negative reviews and reports that indicates similar findings.
1k Daily Profit’s Fake Trade History and Demonstration
John, the narrator mentioned in the presentation video that he is not going to be like other scam video that shows fake trades. However, we find that 1k Daily Profit is just like other scam systems that uses fake trade histories to promote itself. Should we look at the demonstration which John shown in the first video, we can find some suspicious red flags in it. During the sign-up process, we can notice from the video that the broker that is synced with this system is Banc De Binary. Which he then fill up the registration form with his personal details. The suspicious part about this process is John Becker entered his country details as “United State”. This is clearly a fake demo account or fake account that allows the scammers to change his forms to his liking. Banc De Binary does not accept US traders, in fact, you will not be able to select US in the registration form too!
Additionally, if you take a closer look at the “blurred out” segment in the registration form, for example the credit card number and CVV value, we actually are able to look at it even it is blurred out. The original video source is from Youtube and you can watch the video via Youtube! You will be able to pause the video and take a closer look. The blurred out segment under the CVV for credit card actually has 5 digit! CVV values usually has only 3 or 4 digits. This just supports our claim that the registration process is also FAKE!
Next, let’s look into the live demonstration for this system and observe how it generates profits! We notice that the account is initially funded with $250 and after 1 Winning $25 trade, the account has $398.31 as it’s balance! THIS IS CLEARLY NOT POSSIBLE! In a typical high/low trade, the payout should be about 80% of your trade amount. Hence, if you execute a $25 trade, you will get a payout of about $45! Hence, just by winning 1 $25 trade, it will only earn you about $20! So your account balance should be about $270, not $398!
While following the demonstration, the narrator shared that after executing 6 trades, the system has a 6 winning trades! A 100% success rate so far! BUT, how come the list of Closed Trades has 8 trades instead of 6? We can safely conclude that the demonstration which John shared is as fake as other scam systems out there!
The trade history attached for some of their “satisfied members” is also fake! We are able to spot trades being executed during the weekend consistently! As we all know trading activities are closed on weekends, but it seems that this fake system probably could right? Absolutely not, in the words of John Becker, the alleged founder, “DO NOT FALL FOR THE SCAM SOFTWARE”.
1k Daily Profit’s Conclusion
We can safely conclude that 1k Daily Profit employs various scam-like tactics such as the selling the idea of making $1,000 every single day while claiming to be your personal ATM, fabricated founder, John Becker, fake demonstration video used in presentation, and fake trading history in members’s page. We strongly encourage our viewers to stay away from this scam system and avoid losing money to such scams!
Binary Options trading can indeed generate high profits but it requires proper money management, knowledge and strategies to be able to generate profit consistently over a long term. Please do not be turned off by scam programs like Millionaire Replicator, there are reliable binary options brokers/services that are genuine and reliable. Please feel free to refer to our list of scams binary options auto trading system and avoid signing up with them! We also have a list of binary options signals that has reliable auto trading system that works too! Feel free to contact us at email@example.com for any queries! Good luck and trade safe!
Verdict: 1k Daily Profit is a SCAM!
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