Instant Profit Method Review- Another Binary Scam?

Posted by Vince in Not Recommended | 1 comment

The Instant Profit Method is one of those online money making scams that sound too good to be true. You can find the program at its official website: http://www.profitmethod.com.

The Instant Profit Method is designed to be sold as an info product/software more than anything else.

The system may be tempting to try because is claims to offer you a free automated binary trading software that provides you with trading signals. However, the catch is that you have to fund your trading account with a minimum of 250 USD or 250 EUR at tradersroom.com website in order to get access to the program.

If you do that it is a high probability that you will just lose your deposit money. The software claims to give auto trades with binary signals that have a very win overall percentage, which is unfortunately untrue.

Don’t Be Fooled

Binary options trading is claimed to give massive payouts. It works by investing cash in a trade and choosing the direction you think the option moves, up or down.

It is actually very difficult to guess the direction of the market and it is more of a game of chance than real trading. On top of that, automated software has little chances to do the job better than you, except the case it is a real cybernetic intelligence. No one would give it for free if that would be the case, so you can only expect to get as much value as you pay for. Which in our case it’s zero.

Can You Lose Your Funds With Binary Options Trading?

Of course you can lose your money with binary options trading, except the case you really know what you are doing. You have to be a skilled and experienced trader with good knowledge of the market, market technical indicators, and binary options trading strategies, in order to have a chance at winning.

And even if you are one of the best binary options traders there is always a chance that you can lose your trade. Depending on how much you invest in binary option trade, you can lose on a single trade in between $5 and $1000.

Binary Trading Is NOT For Beginners 

Instant Profit Method claims that it can help beginner traders to win trades without actually learning trading strategies. All they have to do is to let the software trade for them based on automated trading signals. Would be nice to be so easy, but the reality is that the market trends are so complicated than no average software can predict the market direction without to fail in the end.

The financial institutions use professional trading software that emulates artificial intelligence and is not available for the general public. And if would be available, for sure the price would reflect its value. Those being said, you cannot expect much from a free trading signals software.

The catch here is obvious, it is just a way to encourage you to deposit your money with a certain trading site in order to lose them in the broker’s advantage.

Conclusion

What can you see after taking a closer look at the Instant Profit Method application? Unfortunately, you can see just another online money making scam. This is actually a hyped up binary options trading signals software that wasn’t created by a trader but by another internet marketer. What can he actually know about binary options trading? Do not forget that in the business of binary options trading the broker has always the “edge” in a similar way the Casino has the “edge” when you play chance games.

That means the odds are not in your favor and is a high probability that you’ll end up losing more than you’ve won. Unfortunately with binary options trading it’s almost impossible to gain and with the Profit Method you have even less chances to win than if you would actually trade yourself after learning several trading strategies and gaining trading experience. In conclusion, we do not recommend you to try the Profit Method and we consider it just another internet money making scam.