Does 7 Figure Traveler Scam People? Honest Review

Posted by Vince in Not Recommended | 0 comments

Most of the get-rich-quick schemes you find on the internet nowadays employ binary options. Investopedia defines this as “A type of option in which the payoff is structured to be either a fixed amount of compensation if the option expires in the money or nothing at all if the option expires out of the money. The success of a binary option is thus based on a yes/no proposition, hence “binary”. A binary option automatically exercises, meaning the option holder does not have the choice to buy or sell the underlying asset.”

7 Figure Traveler was launched last year and has already gained several customer reviews – most of which are talking people out of it. Why? There are several discrepancies regarding their promises and bold claims – though not uncommon in businesses like this. Let’s explore a few of their features and what could actually happen:

Any Benefits? 

One of the things they boast about is that their program is 100% free. Yes, their software has no cost whatsoever. However, you are required to deposit $250 not just to any broker – but the broker of THEIR choice. This makes the software pretty much useless unless you shell out money.

Take note, binary options in itself is legal and legitimate. This type of investment is relatively simple. It allows investors to have a clear understanding of the exact amount they might gain or lose. This is particularly helpful to avoid biting off more than you can chew because like in everything else, you should only invest the amount that you can AFFORD.

Unfortunately, It’s Over-Promising

Upon visiting the website of 7 Figure Traveler, you will see their sales video which promises profits. This is quite suspicious and unrealistic considering the fact that trading and other similar monetary investments don’t have guarantees. Also, the home page will contain your location and how many partnerships are left.

Do not be fooled by this. They only track your IP address and in truth, cannot easily generate the number of partnerships. This is merely a strategy to create a demand. In addition, it can mainly attract “suckers” for deals such as the one they offer.

More Hype Being Sold To Beginners

Another feature they present is “can transform $500 to $2271 in a few days.” As mentioned above, there’s no actual guarantee. Multiplying that amount in so little time is an ambitious undertaking to the point of being unbelievable.

But it doesn’t end there. 7 Figure Traveler also doesn’t require any experience since a member only does the following:

• Step 1 – Click the button below the sales page
• Step 2 – Complete your part-membership order confirmation
• Step 3 – Start generating income

Listen, if it were THAT easy to make thousands of bucks on a daily basis, people will be swarming in the binary pool. But even the most experienced trader and investor understand that the market isn’t that easy to manipulate and predict. And when you take a closer inspection, the people behind this company aren’t traders. They are internet marketers with a registered and experienced broker.

Of course since it’s a business, the odds will be FOR them. The broker will not be able to afford giving out commissions to those running the business if the customers are actually making plenty of dollars as they claimed. But then, the affiliates (the internet marketers) need to be paid and not inexpensively at that.

VERDICT:

You should always be skeptical towards programs/products/companies with shady goals, promises and guarantees. The fact that they advertise 100% free without even mentioning the $250 amount to get the ball rolling for you, will just cloud the customer with suspicion and doubt. Because earning money with little effort is such an attractive notion, be careful before investing. Remember, they’re in it for the money. If they were misleading with the cost, what else could they be lying about?