In the previous article, I reviewed a product called Secret Money Vault, and it turned out to be a scam. Here we have a similar product, called Guaranteed Profits, same description, same web layout, same income claims; let’s see if it’s also a scam.
You can also check out the step-by-step training that helps me earn over $10,000+ per month working from home.
What is Guaranteed Profits?
Guaranteed Profits is another binary trading platform that is supposed to be able to generate thousands of dollars of income for you on auto-pilot.
This system is a little different from the previous binary trading system that we reviewed earlier, and here are the key differences:
- More integrated with trading brokers.
- Better user-interface.
- Interact website tutorial.
- Simple to use.
The website is a simple landing page that re-directs you to a trading broker, Option Rally, that you need to create an account with before you can use Guaranteed Profits automatic trading service.
Like most trading brokers, the minimum deposit amount is $250; check the screenshot below.
You’ll be able to access the Guaranteed Profits members area for free, it’s free to register an account, but you won’t be able to make any trades until you deposit $250 into your Option Rally account.
So that’s it, in a nutshell.
- How This Crazy Experiment Turned Into $10,000 Per Month Income
- 43 Legitimate Ways To Make Money From Home – Guaranteed
Is Option Rally a Scam?
Option Rally is the trading broker that you will use for this system. Is it a scam? There have definitely been a lot of complaints about the company online.
You should also know that it’s not a licensed company, at least not at the time of this writing – so be careful.
One of the most common complaints is that the company does not give out refunds.
There are a lot of reports about people who have never received their refund. It’s definitely is not the best broker out there.
One other common complaint was that their support system is terrible, it takes a long time to receive a response.
It seems like the company has improved their service significantly in the past year but it’s still not the absolute best choice.
If you are interested in binary trading I suggest doing research on each company and use your best judgement to pick a broker; it might save you a lot of frustration.
So, is Option Rally a scam?
No, it’s not.
It’s another online trading broker much like the rest.
Guaranteed Profits Trading Robots and Tips:
Binary trading bots have been around for awhile, it makes sense to automate a process that usually requires hours.
Just click the “On” button and watch while the bot takes over your account and opens trades for you.
Guaranteed Profits is a binary trading bot; one that is not popular or recommended.
Most binary trading experts agree that bots are not recommended for trades, for a number of reasons, the most important being that the bot can accidentally burn a lot of your money if you’re not careful.
One other problem with binary options trading bots is that if you use them all the time, there’s no way for you to learn what they’re doing behind the scenes.
New traders shouldn’t depend on trading bots. It sounds like an ideal solution, let the software work for you while you collect the earnings; but it’s not a good idea.
It’s not a good idea because if you want to learn how to trade, then you need to learn to interrupt data on your own.
You’ll never learn if everything is automatic.
I can’t comment on Guaranteed Profit’s trading robot, because I never used it, but from what I read online, it doesn’t seem to be the best bot on the market.
You shouldn’t even be looking for robots.
There’s no way to know who is behind the software, and what they can make the software do for them.
Some of these programs are essentially viruses!
They can be dangerous!
Is Guaranteed Profits a Scam?
I’m not sure how the system works, it’s difficult to find information about the program.
Take a look at the screenshot below.
So the idea is to flip the switch, and wait for the bot to make money on your behalf.
I don’t know about you, but I don’t want a bot to have access to my trading account and credit card details.
I’m sure it might be able to make some money on my behalf but that doesn’t mean it’s a legitimate online business opportunity.
You will always lose trades.
You can’t expect to just pile up cash on auto-pilot – if only it was that simple.
I also don’t like the idea of a website like Guaranteed Profits to have access to all my personal information.
I might sound paranoid, but you have to be careful with these kind of services or your credit card bill might be slightly larger than usual.
Keep in mind that the person behind Guaranteed Profits gets paid by Option Rally every time he gets someone to sign-up.
So, don’t fall for the hype, this system won’t make you rich.
If you watch the sales video, it implies that you will be able to buy a new house, new cars, and anything that you want; if you use this program.
That sounds a little too far-fetch for my taste.
Guaranteed Profits is another one of those binary trading systems that you should stay away from.
It costs $250 and it won’t make you rich; in fact, there is a good chance that you will lose all your money in the first couple of weeks.
Once again, I want to remind you that if a program or product sounds too good to be true, it probably is.
I was interested in these kind of systems when I first started to work online, they sounded attractive, but rarely worked, in fact, most of them didn’t make me a single dollar.
If you want to take a peak at what I do, and the online business training course that I use, check out this review.
You can sign-up for a free 7 day trial to test out the service and see if it’s to your liking.
Thanks for reading this review and I hope you found it helpful, leave a comment below, and don’t forget to share the article with your friends.