Is the Simple Profits software a scam? After performing a detailed review on it, yes, the Simple Profits auto-trading robot is not a trading robot that you want to deal with today, tomorrow, or any other day of this year or any other year. It is unfortunate to say that a great number of people have fallen for the Simple Profits forex robot, but it is true. If one stops to think about it, who can blame them? The website, simpleprofits.co, for this binary options robots is filled with many wonderful claims that can enlighten any desperate soul who wants to successfully trade in the binary options arena.
Looking for Representation: Scam
To start off, one of the statements that is luring many people into trying the Simple Profits scam is that the group behind it state that this software is changing the lives of numerous people every day. Another powerful statement is that they state that this program has been mentioned on The New York Times and the BBC News. Now, these are two big names in the media. They would never back a system that it is fishy; therefore, finding out if the Simple Profits system was mentioned by these two media outlets was crucial. Is there any mentioned of it on the official websites of them? No, there is no link whatsoever.
It is not rare anymore to see frauds lying about where their systems have been mentioned. They are looking for powerful representation. For those who were not aware, representation when it comes to forex robots is of extreme importance right now, as there is a lot of competition. Lying that they have been backed by The New York Times and the BBC News can be beneficial for their plan, because people won’t go the extra mile to investigate if they are dealing with a scam, or not. People will automatically assume that they are not, as the system on view is supposedly full of credibility.
########## UPDATE ##########
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Those individuals who fall for this type of statements tend to be newbies. Of course, there are some experts who might wakeup a bit careless and fall into whatever nice-sounding trap they come across that day.
Are There Any Real Testimonials Around?
Unlike the websites of other bogus systems, there aren’t testimonials on the homepage of the Simple Profits software, which is not a shocker. Why would there be? There is nobody around who would be willing to provide a positive testimonial about it. Maybe only an actor or an actress from the fiverr.com marketplace might do so for a few bucks, but other than them, nobody is around.
Tons of Claims . . . 0 Proof
The content of the Simple Profits software reflects a lot of promises. According to some of the statements, you can begin making meaningful sums in no time. How can they be so sure? They do not even mention that there could be a possibility that you suffer from a loss. It is possible to suffer from a loss, even if one is utilizing a credible system. Things go down the hill with them, too. Of course, it might happen, but every now and then, if any.
What Is the ITM Rate?
Just like we thought, there is no mention about the approximate rate that one could expect from the Simple Profits program. Why? When there is no mention about the ITM (win) rate, you can rest assured that you will be dealing with a scam. Go take a look at the content of credible systems. They always state the approximate ITM rate that you can expect from them.
The team of it goes on to say that they offer helpful information to teach you all the ways that you can make genuine money. Well, why can’t they provide further information as to what they are talking about? They should back their promises with proof. When you come across a forex robot that is stamped with a lot of promises, but you are not able to grasp any type of proof that can aid in putting things into perspective in your eyes. It is best to move on, especially if you are not a millionaire who has time and money to spare like there is no tomorrow.
How Many Spots Left . . . Again?
Yes, you will come across a countdown widget on the website of the Simple Profits system. The team behind it is basically telling you to hurry up, that there is no time to lose. Isn’t there . . . really? Go ahead and delete your cookies, close the browser, and visit the page again. Once you do this, you will find out that that countdown widget is a fraud, as well as the team behind the Simple Profits software. They are lying to you and everybody else. They want to make you think that there are only a few spots available, so that you cannot think of what ifs, and just jump into trying it right away so that they can get your investment, and then run. According to the homepage of the Simple Profits program, there are only 6 memberships left, but yet, it has been stating the same thing for a couple of months now.
If one opts to give the Simple Profits software the go pass, the next step will be to make a deposit. Once you make the deposit, there is a huge probability that your account will be locked. Why? The Simple Profit’s team just wants people’s money. After they have it in their hands, they will not want to deal with you. There are a lot of people leaving negative reviews on different online platforms, angry that they lost their money in a matter of minutes.
Too Many Red Flags = Danger
The Simple Profits software has too many red flags for one to just opt to give a try. There is nothing positive about it. Unlike its name states it to be a simple kind of program, it is more complicated than anything else. If one opts to give it the green light, everything will soon begin to go down the hill.