The web is full of fake trading software and in this article, you will find out why The Cobalt Code, which guarantees $15,000 per day is also a fake software.

The fake testimonials
The Cobalt Code website comes with 52 minutes of the video presentation, and it is started with the testimonials of The Cobalt Code users. All of them shared how much they have earned using this system in a day, 7 days and the amounts sounds like $90,000 in 5 days, $17,000 in one day, $23,900 in 2 weeks and so on. Don’t fall for this trap guys. All those testimonials were fake actors.

This software is actually not free
Did you believe that this Cobalt Code software is given for free? The short answer is no. While you can access the member’s area of this app for free, but you cannot see how this software works, not until you’ve deposited real money into their recommended broker account, which is not recommended by the way.

Is Grant Stone for real?
After those testimonials, the creator, Grant Stone takes over and start explaining about his fake trading app and why you should join. According to Grant, The Cobalt Code system is 100% automated, and all you need to do is just to click the button and start making the money.

In the video presentation, Grant mentions that he has made around $217 million in the past 11 months. This statement is actually a big lie and by checking the domain registration of this software, we found that the official website registration date was on 19 April 2016, in other words, around four months ago.

The question here raised in our mind that if the site of The Cobalt Code software is developed around four months ago, then from where these 23 users of the Cobalt Code earned that much profit? Now, this forced us to think, that something is there which he is hiding from us.

Trusted and verified by big banking corporations is fake statement
How many times we have shared this in our reviews that it is impossible to earn this type of huge profit in one day using a binary options trading software. These types of offers are provided by fake trading software just to grab the attention of the innocent users who don’t know much about these scammers.

We have also checked the association between these big banks and The Cobalt Code app and didn’t find a single endorsement. Now, this confirms that Mr Grant is again sharing misleading information which is a terrible thing.
Earning $15000 in a Day is Big Lie in Binary Options
It is highly recommended to stay away from binary trading software like The Cobalt Code app who assure you around $15000 or more profit a day.

If you check the official website of The Cobalt Code software, then you will see a section where you will find that this trading software is trusted and verified by some big banks. Now, this is an entirely misleading statement. We all know very well that big banks like Bank of America, Citi Bank, Deutsche Bank, HSBC, and Santander will never be associated with any auto trader software to make a profit.

Cobalt Code is actually not even free
You might not know this, but these binary options app are usually being advertised as free. The truth is, they just want you to enter the real name and email address and then you will be directed to a broker page where you need to sign up and deposit money. However, that is where the problems begin. This software will automatically trade for you and then you will lose money.

Our verdict – stay away from The Cobalt Code
While there could be legit binary options programs out there, The Cobalt Code is totally a scam and it is not worth your time or money. We don’t recommend The Cobalt Code to anyone who is reading this post.

How to choose a good binary options software or broker
If you want to make money for a long term, then consider learning technical analysis about trading and investing. This should help you earning more money in the long run.

However, if you are just getting started, then a binary options software or trading robot could help. We have made our research and found that Option Robot is the best software for automated trading. For a few reasons:

  • This software can be tested on a demo account first. You might not know this, but most of the legit binary options programs out there can be tested with a demo account. Just like the name implies, a demo account is a free trial version where you will be given fake money to try the trading robots and strategies and generate profit from it. You don’t need to deposit real money until you are ready.
  • You can choose whatever broker that you like. No need to stick with just one or two brokers. And yes, they are regulated.
  • This software works on indicators such as MACD, stochastic and more. This is different from fake auto trading software where you will be given just a simple dashboard and then there are no settings on how to trade and profit from it.

For more information, you can log on to Option Robot review page or you can click here to open a demo account with Option Robot.

The Protected Profits is a scam just like other scams that send you annoying emails and promises to make you a millionaire if you sign-up with the ProtectedProfits.com website. As they say, they’re selling you a dream, but it’s time to wake up from your nap and stop day-dreaming. Protected Profits is a money-making scheme and we also noticed that the creators and developers of this scam are the same people who have created three “inventive” scams, we exposed earlier, with the top one being The Fisher Method!

The Fisher Method have stolen $100,000’s from the newbie binary options traders and the review we posted on it, went completely viral, generating lots of negative feedbacks instantly. Take a look at the image posted by Michael Freeman in his Protected Profits Review. These fraudsters are obviously up to no good, if they keep launching bogus software to the binary options market. They only relaunch the same crap and deceive binary options traders all over again. Verified Trader, Verified Profits and Fisher Methods are verified fraudulent software! Don’t believe us, just make a quick Google search and you will get all the answers. The picture itself is enough for you to doubt the Protected Profits software.

protectedprofits

These computer devils need to face it now! They have got busted this time and their whole lies are exposed everywhere, not only by us and by Mark Freeman, but many warnings have been posted online against them including the warning videos on YouTube. Even EasyTradingSignals.com and BinaryoptionSystems.net debunked the ProtectedProfits.com. Many websites are saying that you can’t trust this software! No matter how convincing they sound with fancy production, they are there only to steal your money. Do not believe them. Please watch the video by James: Protected Profits is a scam by James Frangleton on YouTube. He’s a credible and trustworthy guy and we hope that he helps you to reach to the right conclusion!

James is absolutely right, Protectedprofits.com is a scam! We are quite shocked to see such a horrible trading performance and all the financial crimes they committed. They still dare to come out with a new fraudulent money-making scheme. They are simply deteriorating the reputation of binary option trading industry. Every trusted binary options websites who care about this industry should help us exposing this scam and help us to warn traders about this scam. It would be horrible to see someone on their mailing list again, who was previously scammed by the Fisher Method, and might fall into this trap again for the second or third time! It’s high time now to put them out of the business line. Every trader must know about this scam and if you’re reading this and have friends in binary options or Forex industry, then please help us to warn everyone about this scam by sharing this review via Facebook, Twitter, LinkedIn, and other forums. Even your comments can help us to raise awareness and if you’re an experienced binary trader, then please share your feedback with us so that the newbies don’t fall into this new trouble named Protected Profits! If you have been ripped-off before with any if their auto services, then it’s your duty to help us in spreading this warning message everywhere! Just exit the Protectedprofits.com website and never return to this scam website!

If you’re still not convinced about this fraudulent software, then stay tuned for all the comments and feedback that will save your time and money. You can also check out all honest comments by the traders on various forums and sites concerned with the previous schemes. Never trust single website or believe on word of email marketers, always perform a thorough research on your own. Binary options trading is a very interesting field but like any industrial field involving lots of money, it too has its cons like plenty of scam-artists and bogus schemers that will rip-off your all money. If you’re new to binary options trading industry, then you must start with a Free Demo Account. Once you’re ready to trade live, make sure you only sign-up with a fully EU regulated broker and reputable services only. You can even check out the Watcher’s recommended signals and brokers for more information. Thank you for reading this review on Protected Profits.

Please help us in sharing this review by commenting and sharing your feedbacks with us.

If you are serious about making money online, we highly recommend that you read about our top rated product, Mike’s Auto Trader.

 

Who was the one to name this scam as WorldWide Domination? The creator of this software must be inspired from Abu Bakr Al-baghdadi or he must be a teenager who’s fond of YouTube videos concerned with the collapsing of the economy and watching videos on “the world is coming to the end”. We would never know but we are definite that website Worldwidedomination.co is a scam and they target binary options traders. We did not find any information on Ben Witkins on Google, which says that he’s not a real person.

Why is Ben Witkin’s face displayed on so many website? Aren’t you supposed to be the CEO of WorldWide Domination? It seems to us that this guy and “John Miles” pictures are both paid. They did not use any actors from Fiverr.com this time but it’s obvious that the pictures are fakes and it’s a lie that you can’t ignore. We busted you, WWD! You can visit this link, if you want to hire the model Ben Witkins: http://www.dreamtemplatestudio.com/premiumtemplates_detail.aspx?pid=43. He’s a picture model. You can see the creator again at: Templatemonster.com/category/law/. Even you can hire him for only $75 and have your own fake Ben Witkins! So simple!

worldwidedomination

Still not convinced that worldwidedomination.co is a scam? Let’s just skip the “licensed left” part as it’s too common with such scams and obviously you can see such tactic on every scams. As usual, the video of the WorldWide Domination has designed to scare you about the world’s economy by giving examples of the recent scenarios in Greece. At first instance, it may seem real and not outdated due to the examples of current events, and may be an honest way to make it look real but that’s all mind games. This software is no where related to the real binary options trading.

It’s not a lie that you can make more than $600 with binary options trading every day, but you will never generate a sufficient ITM performance rate with Worldwidedomination.co. We have no real evidences about its authority. Of course you’ll find positive reviews on few sites. They’re fake sites who endorse all such scams, which is not at all surprising to us. Try contacting support@worldwidedomination.co with criticism and they’ll never reply you. But if you mail them saying that you want to invest the money in their software, they’ll contact you instantly.

The voice actor claims that the WWD was created 14 years ago! The binary options industry still hasn’t completed even 10 years, how can they make before 14 years? That’s totally gross. Every sentence in the pitch video is lie except some statements on Greece. You should read this one more claim: “..our software is able to find trading opportunities that you simply can’t find manually…” . This is absolutely lame! The Jim Carrey motivational speech wasn’t at all necessary towards the end. Please don’t drag him into this scam! Any system, even the automated signals require an actual trader that can constantly adjust the trading parameters according to the market volatility of the important events. The systems are bound to fail, unless they also created artificial intelligence. We are not at all sure about the seriousness of the alleged “Ben Witkins”, CEO of the WorldWide Domination. We warn you very seriously to stay away from this bogus software and ignore all post reviews on WWD.

If you’re new to binary options trading, then don’t make any quick decision that can make you lose all your money and never trust fake blogs who promote all unregulated brokers and money making schemes like the WWD. You can find the names of such scams on our Binary Options Scams list. But we still have great services and brokers who are trustworthy and reputable. So don’t get discouraged after reading this review. Always make thorough research before signing-up with any binary options software. Also please share your views and feedback on WorldWide Domination software. You can ask queries about this one or anything regarding binary options trading. Lastly, we sincerely thank you to read this honest review on the WorldWide Domination software scam.

If you are serious about making money online, we highly recommend that you read about our top rated product, Mike’s Auto Trader.

See also: Can you trust auto trader software / Is binary options gambling?