Is Legal Profit a SCAM or Good Trading System?
Legal Profit by James D Davis is a new trading service that caught a lot of our reader’s attention with their membership application. In summary, Legal Profit promotes a ‘secret’ strategy capable of making 600% returns and 1 million dollars in 2 months. On top of that, James pledged that the Legal Profit System has a 100% accuracy in predicting price movement. Sounds like a trading paradise, also a “gold mine” right? (website: legalprofit.co)
Wrong! I’m going to be real honest, trading does provide the opportunity to make money online even for retails traders at home. BUT, can you be a millionaire within 2 months and trust a 100% win rate system? NO, you can’t because there’s no such thing as a guaranteed 100% win rate software. Any trading system that claims such a thing are very likely to be SCAMS because it is very unrealistic.
Worst of all, we already began receiving negative feedback on Legal Profit System on their poor trading performances. Thus, losing traders’ money without any real capability of making money. Also, we uncovered much misleading information within the presentation that aims to mislead you to invest your money with them. Read below to find out the truth about James’ Legal Spy Strategy!
Why is Legal Profit Spy Strategy a SCAM?
Firstly, Legal Profit Scam sounds very much like a system that tries to appear like a legitimate strategy. Unfortunately, the description about James’ Legal Spy Strategy definitely turns me off immediately. Why? James mentioned that Legal Profit algorithm works its advantage by connecting to the bank’s server directly and associates itself with high profile insider. They have got to be joking because it sounds like it is INSIDER TRADING! That is completely illegal and imagine a bank that truly connects its’ server with Legal Profit only to leak information? That’s a recipe to go to jail!
No actual bank would connect their financial servers with a scam software like Legal Profit anyway. Thus, no worries, the only person that could end up being a criminal is the scammers themselves. The truth is that the Legal Spy Strategy is a complete hoax as it doesn’t even exist. There is no real strategy or ‘secret membership’ that can make you millions in 2 months too. It is simply a misleading fantasy that James created to persuade us to invest our money in a low-quality trading system. No legit trading services would approach their presentation with false promises like this.
Their strategy is not a real trading strategy which explains why this scam loses money. But the founder himself, James D Davis is a fake Legal Profit trader. He who claims to have 12 years of experience running Legal Profit system as a secret membership to make millions for his members are FAKE! There is no data or trading group on James available anywhere on the internet. Which is very weird since he said that he has been running Legal Profits for 3 years.
Fake Results by James D Davis?
A quick research on the age of Legal Profit scam shows that this service was created in June 2017, not 3 years ago (says, James). So it is also not surprising that we have not heard of Legal Profit before that even when we’re researching for trading solutions. One of common scam elements that we notice in all of our Blacklisted scams lists is that they provide highly suspicious trade history as results.
It is another gesture to try to fool us viewers that Legal Profits has a 100% win rate and making people millionaires. If we look into the trades executions, there are trades done even on weekends. As all traders may know, trades can’t be done on weekends unless it is an OTC asset. However, the common currency pair in the fake trade history didn’t indicate them so it is a clear cut fake. Exchanges close on weekends and no trading activity should happen on major currency pairs indicated in the trade history!
Legal Profit Review Verdict
If you are seeking for a tool to help you make some money online, you should definitely stay away from the Legal Profit SCAM! Judging by our investigative findings above, we can conclude that it is indeed a SCAM and doesn’t perform well. Even with the best settings and trading technique, you will notice that the decision Legal Profit is making clearly runs on low-quality formula. Which is why no user actually became a millionaire after 2 months or even make a single profit!
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