Is Kiyosaki Formula a SCAM or LEGIT Trading System?
Kiyosaki Formula or so you may hear that Robert Kiyosaki, the author of Rich Dad Poor Dad is providing a trading system! An automated trading software that can generate $1,200 per hour, unlike other auto traders that he claims to lose $100 per hour! Now, before we believe this hyped up trading system, I would like to say that I am a huge fan of Robert himself. (website: kiyosakiformula.com)
That’s because I read his book about achieving financial freedom and the mindset required to be rich. But something is a little off about the Kiyosaki Formula, I never heard that he is working with trading system formally though. Hence, I did some digging with my review team and the findings confirm our fears! Kiyosaki Formula is a SCAM Trading Software.
We’ve been reviewing trading system for a rather long time now and sharing some of our results with our readers. And we notice that scam software tends to market themselves based on lies. Either with a get rich quick millionaire fantasy or borrowing some famous people’s name to sell their trading software. Many times these scam software will not produce good results but drains innocent traders money.
So check out below as we disclose the reasons why we believe Kiyosaki Formula is a SCAM!
Why is Kiyosaki Formula a SCAM?
The biggest issue I have with Kiyosaki Formula is this scam seems to be using Robert Kiyosaki’s name without his permission. Worst, they are using his name to promote their low-quality trading software that keeps on losing money. I received personal emails from other Robert Kiyosaki fans that fell for this scam and find out the truth the hard way. Many have their trading account wiped out within a week which is a huge difference from earning $1,200 per hour.
How do we know? Well, a quick research on Kiyosaki Formula Ltd as a company quickly reveals more complaints and scam reports on the internet! That is already a huge distrustful aspect we typically see in a poor trading software scam. Also, we searched the United State’s company registry and find no such company that Roberts actually invested in.
Also, don’t you find it weird that the voice narrator, so called the head developer for Kiyosaki Formula doesn’t reveal his face? Additionally, he didn’t even share his name. Since we already debunked the sly nature of Kiyosaki Formula Ltd as a company, it is not surprising to find another false character here. We can’t confirm his actual background of working with JP Morgan Chase on a trading desk as well. So it is very likely that this is yet another scam story similar to other typical scams we blacklisted use!
In other words, we are dealing with a bogus character that claims to be a trading expert. However, Kiyosaki Formula doesn’t provide any demo or trading results for us to check the platform out! In the binary options industry, legit or well-performing trading software will usually share their trading results (real results btw). Similar to the ones we share at our home page outlining how to use it and original trade history.
Fake Results & Trading Company
As I mentioned earlier, Kiyosaki Formula Ltd is not a real company. Even in the disclaimer below declares that it is actually a technology services company. Although disclaimers are normal in all investment or trading platform, Kiyosaki Formula is a little different because it blatantly declares it is not a trading company! Similarly to the claims of having 1,000 beta testers which 1/4 of them quit their jobs after 4 months!
It seems that these allegations are a pure hoax because we have been on a lookout for any trading software to make some money. But Kiyosaki Formula has only begun surfacing the industry with their lies in August 2017. Also, we believe it is a false claim regarding the beta testers because they did not back it up with any results!
Kiyosaki Formula Review Conclusion!
Referring to the reasons above, we can conclude that Kiyosaki Formula is a SCAM! It is a poor performing trading system that has very low-quality trading results. Based on the complaints I have received, users have only manage to achieve a maximum 50% accuracy. Which is not enough to make a profit in options trading.
If you are seeking an alternative to trading software that actually could trade accurately, check out the ones we tested!
Kiyosaki Formula is nothing but a sham that uses Robert Kiyosaki’s good name to promote their misleading financial freedom fantasy. Trading can actually be a contributing income stream if you do it properly and with the right tools! But definitely not this one! Hope this helps, Trade SAFE!
How to Trade the Market Successfully?
I and my team have tested a few trading software and signal services which actually made us some money! Although such good trading system is like a dime in a dozen, this shows that there are good services among the many scams we exposed! Check out BELOW!
|Essential Tools Traders Need to Have! 🙂
SUBSCRIBE to our BLOG to receive Latest Scam Reports, New Software testing Results and Free Educational Material (COMING SOON!)