RetailedProfits Review Scam Software Or Honest? Retailed Profits App Review with Real Retailed Profits System Result
Retailed Profits aka RetailedProfits Software is a new automated trading software in the Binary Options Industry. It is presented by Simon Moore who is also the Owner and CEO of Retailed Profits Software.
On the Official Website of Retailed Profits Simon Moore claims that he can make you $5,000 per day on fully autopilot, using his automatic trading software Retailed Profits, which he developed with the help of his friend. Initially it was started as a shopping trend predictor at eBay.
This software is completely free and it will trade on the binary options market with just 1 click. It requires no technical skills or previous trading skills to operate. The program automatically places the most profitable trades for you.
This sounds too good to be true and we decide to investigate this trading software using our 5 factors to determine a SCAM –
To skip all the meat and go straight to a safe alternative of Retailed Profits Click Here
Identity Check – Who Is Simon Moore?
Let’s start with Simon Moore. Simon Moore claims that he is the founder of Retailed Profits. But in our investigation, we found him nowhere other than stock photo site. He is a fictitious character created by scammers who run the Retailed Profits program.
You don’t believe us? Take a look at the below picture and you will see how scammers used a stock photo to portray this fictitious character Simon Moore. This is the typical scam trick.
Endorsement Check – Are Those Testimonials Real?
A common quality among most scams is they hired paid actors from the marketplace fiverr.com to endorse their program, where paid actors act as real traders and read some fake stories about how much they are earning. A simple search in Google reveals that same thing happens here. Check below picture to see the proof-
Promise of Gain Check – Accuracy and Profit
As per Simon Moore, Retailed Profits is an automated binary options trading software, uses a specialized Algorithm that correctly predicts winning trades on the stock market. It can’t predict every trade, but the program is supposed to be stable enough to generate signals with an accuracy rate of 92%. But do we have any proof other than those fabricated testimonials and fake award badges.
Unfortunately Not! We don’t have any proof based on which we can confirm you that this software can profit at all. Just in case you didn’t know, no one has yet created a fully profitable model in binary options trading because no human trader or algorithm can forecast the online markets on 92%. The average accuracy is approximately 89% win rate (plus minus) for the majority of the Most Successful Auto-Traders in the Market
Broker Check – Who Will Manage Our Fund?
What happens when you register? First thing you will have to do after registering is to deposit money with their recommended broker and the minimum deposit amount is at least 250 in either currency USD/EUR/GBP/AUD/CAD. This minimum deposit is not a payment for the Retailed Profits Broker or Software rather trading capital that will be used for making actual investments on the software platform. This is a common industry standard and we have no problem with that.
Our concern is, What brokers would our investments be handed over to? What are the credentials of those brokers? Are they regulated or not, does any government agency oversee their operations at all? All these questions demand answers!
From the website/video demonstrations of Retailed Profits, we failed to find out any broker name that we can confirm if this broker is legit or not! Dealing with unregulated brokers can be very dangerous, because you cannot expect to make any withdrawal at all from them! And because Retailed Profits is totally anonymous service you cannot make a complaint to authorities when this happen!
Community Check – What the industry says about this service?
Before we approve a trading software we always check for community endorsements. During our social media and search engine investigation we couldn’t find anything positive for the Retailed Profits Software.
In light of all this evidence and findings we are labeling Retailed Profits Software as Scam and We really hope you’re not planning to waste your money with this SCAM.
Verdict for the Retailed Profits Software
Retailed Profits aka RetailedProfits Software by Simon Moore is a very simple scam that will make you deposit with an unregulated broker and lose money in trading with a worthless program. Stay away from it!
- Available everywhere to steal your money as quickly as you deposit
- Founder is non-existent
- Fabricated testimonials by paid actors
- Unrealistic signals accuracy rate
- Unrealistic promise of gain
- Brokers credential can't be ensured
- Lack of community endorsement
You should also stay away from similar scams like: 30 Day Challenge, Nova App
Unlike these blacklisted scam systems which are probably going to drain your trading account much faster than you think, there are numerous other unique and genuine software in the marketplace that based on real reviews made by real traders and proved to work reliably with consistent high winning ratio. We use those products on our daily routine in order to improve our daily income. We have compiled a list of those best money making apps and proudly showcased in our recommended section. So, if you are an enthusiastic trader, searching for a better alternative then we strongly encourage you to visit our Top Rated Signals Services Page and be sure to trade in a safe zone!
However, our intention in this scam review is not to promote other services and to claim that the Retailed Profits is a piece of crap instead. Having said that, we have no other choice but to help traders get the right feeling and intuition before they decide to take any further action and losing their investments.
LEGIT and Proven Consistent Results
Every new software tries to bring out something unique with it. Some are Genuine when they speak of novelty while others just spell out tongue twisters. With fancy sounding algorithm names and hyped up statistics, they try every tricks in the book to lure you. Once you are in their grip, they can constrict you and twist you in whatever way.
So for your own safety and to stay on the safe side of the industry, DON’T FORGET to check out our Blacklist Page It might prevent you from signing with scam trading bot!
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