“I’m going to reveal a top secret formula that will make you a million dollars in a few days so pay attention this will only be said once…”
How many times have you heard variations of the above introduction?
Auto Mobile Binary is another product that promises to deliver fat checks to your doorstep with no work required, all you have to do is sign-up and press a button.
We have reviewed programs like this before and they always turn out to be scams.
Auto Mobile Binary is no exception.
It’s identical to the other binary signal products that we reviewed in the past, free to sign-up, but a deposit with their recommended broker is required to activate your account.
In fact, this product was created by the same creators of Mobile Money Code, Commission Cash Code, Tube Cash Code, and several other “Codes” that are all verified scams.
So, it’s clear this product does not have a lot to offer…
I will show you why this product is a scam and should be avoided at all costs.
You can also check out the step-by-step training that helps me earn over $10,000+ per month working from home.
Auto Mobile Binary Scam:
First of all, the web-form doesn’t even work, and it seems to have been that way for a long time (other reviewers mentioned the same problem).
I think the reason the sign-up form is not working is because whoever created this product used Get Response for their email management and Get Response cracks down on scams.
If enough people report emails to Get Response, their team will take a look and decide if your account should be deactivated, it seems to be what happened in this case.
Auto Mobile Binary is another fast grab at people’s cash. It was launched on JV several times under different names and it was also on Click Sure (another affiliate/advertiser platform).
So it’s easy to put two and two together, if a product is identical to other scams and launched by the same people who make those scams, there’s a good chance that it will be a scam too.
But here’s how it is supposed to work…
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Auto Mobile Binary: How it Works
Wondering how Auto Mobile Binary works?
I’ll do my best to explain.
Once someone sign-up and enters their contact information (assuming the web-form is working) they’ll be redirected to a webpage that points you towards a binary trading broker, telling members to create an account in order to activate the auto trades.
To create an account with a trading broker, a deposit of $250 is required. Once the payment has been processed you will be able to “Activate” the auto-trades and watch as your bank account fills to the brim. Of course, it never works out as promised.
You might be able to win a few trades. You might even be able to make a small profit.
But it won’t last.
You should also know that once you deposit money into your account it is very difficult to receive a refund. So if you deposit $250 and then change your mind, it will be really difficult to get a refund.
That’s one of the reasons these binary trading scams are so harmful.
So then, to continue earning money all you have to do is continue depositing money into your account and watch as the bot trades for you, it will loss some, and win some, but it will almost always lose more than it wins.
That’s from the client’s side, let’s see what it’s like for the creator of this scam.
How Auto Mobile Binary Makes Cash for It’s Creators:
When someone fills out the form, their contact information will be added to a email list, and on the page where you’re told to create an account with a broker there is an affiliate link.
So what happens here is the person behind the product builds a list of emails and earns money through his affiliate link with the binary trading broker (and these companies pay high commission fees).
Basically, whoever is behind the product is making money from every person that creates a verified account with his broker and he also collecting their email addresses. He can then send promotional offers to the email list and make even more cash, with literally no work.
Never-mind the auto-trader, it doesn’t really work.
This is a sneaky way to make money as an affiliate marketer, it’s also not exactly ethical.
I’m not surprised their email campaign was shutdown.
That’s one of the reasons I recommend creating an ethical online business because if you scam people there is always a chance that you will be shutdown.
There are a lot of scams just like this one, but they’re very easy to spot.
So, I am not entirely against binary trading but I do not recommend using binary signals or auto-traders. It would be much more beneficial and educational for you to learn how to trade on your own without the help of robots.
If you don’t want to get involved with binary trading then do the research and find a broker that has many positive reviews. Create a demo account and test out the waters before you deposit cash.
Just remember, binary trading is not really a long-term business, it requires active engagement, constant work.
There will never be a point where you can sit back and watch the money come in.
That’s why I suggest that my readers create their own websites and publish keyword targeted articles for free, targeted, traffic.
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