Regal Wealth Review- Another Binary Scam?

Posted by Vince in Not Recommended | 0 comments

Whenever I see something like Regal Wealth, I don’t know whether to get angry or laugh at how resilient these scammers are. For the record, if you almost fell for it, don’t feel bad. I was once in your place to – scouring the internet for any money-making opportunity. Of course, at first, I wanted only two things: earn a lot for little work. Let’s face it, we all want to hit the gold mine. But slowly, you end up realizing if those are your only criteria for the kind of work you want to do, you end up with either of two things – scams or anything close to it.

WHAT IS REGAL WEALTH?

It’s a binary options software that promises the following:

EXPECTATION: You’re getting something that will not only trade for you but also ensure more wins than loses. If you’re lucky to be one of the first 50, it will be at zero cost.
REALITY: It’s not for free because you will be required to deposit at least $250 (although they will encourage you to deposit more), and here’s the big bummer – the software doesn’t work.

YOU CAN SMELL SCAM FROM A MILE AWAY

What gives them away is something that most scams have in common – outrageous claims. Case in point, they claim you can make $605/hour. Now if I bumped into you in a coffee shop and told you I can help you earn that much without asking for anything in return, I’ve no doubt you will think I’m crazy. The same thing goes for Regal Wealth.
But you may wonder, what if Michael King (the creator) really just wanted to give back? I’d say tough luck. He’s not here because he feels philanthropic; he merely wants to make his profits off you.

DON’T MAKE THEM RICHER

As I mentioned earlier, this isn’t exactly for free. They won’t charge you for the software but you won’t be able to use it unless you deposit your starting funds. The moment you make the deposit to their recommended broker, the people behind this (usually internet marketers of the worst kind), they will get a pretty hefty affiliate commission.
And what happens next?
You’ll belatedly realize that:
1. The software doesn’t work
2. There’s no support or the broker’s located on an offshore haven
3. Salespeople are sending you spam emails and calling you 24/7
4. You’ve been conned

THE DISCLAIMER

In their sales video, they’re trying to make you think this is suitable for ANYONE but check out the page for RISKS which is located at the bottom of the page.

Yes, ladies and gentlemen, they pretty much just told you none of their claims is true. In all fairness to Regal Wealth, that’s probably the only honest statement I’ve read from them.
Binary options is extremely risky. And because the time frame for trading can go from 1-5 minutes, you can lose money in seconds, literally. This is the cold, hard truth.

VERDICT:

Regal Wealth is a scam. If it’s your first time encountering anything that has to do with binary options, I suggest you take down notes because more likely, you’ll encounter another one in the near future. They’re not going away anytime soon because the authorities don’t have the manpower and resources to go after them which is why these scammers have the tenacity to re-launch every couple of weeks.