Once again, there are nothing but positive reviews of GPS Trader when these people all know that this is a scam. Get the facts here before you invest your hard earned money listening to people that know nothing about this or trading for that matter.
I know $850/hr and $12k a day sounds great but if you actually wake up and smell the coffee, you will also know that that is too good to be true.
For the past 2 years that I’ve been doing business online, I have seen the same old screenplay and the same old marketing techniques and this is just one of them.
If you want to know more about this scheme, read along as I lay it out to you exactly how it should be. No one will argue about this, so you can expect nothing but the truth here.
GPS Trader Review
Name: GPS Trader
Owner: Richard Heffner
Overall Rating: SCAM!
In the world of trading software and robots, it is very rare that you will find something that actually works. There are some that DO work, but it’s always a matter of time before they stop working.
Sites like GPS Trader are obviously just another scheme which comes with the typical fake actors, fake bank accounts, and fake statistics.
I mean, Richard Heffner? Hughe’s brother? I really don’t get how these scammers choose names like this, but for some reason they always do.
And just like most of you, I believed them. I was so eager and impatient to make money online, that I gave into every single program hoping and praying that I actually landed on one that worked.
All I knew was that there were people making thousands of dollars online and I wanted in on it. Big lessons learned throughout my online career and if it wasn’t for a site called the Wealthy Affiliate, I really don’t know what I’d be doing right now.
Maybe chasing more shiny objects perhaps? In the end, I’m glad I’ve learned a lot and now I can finally spot scams from a mile away. I want to show you how too!
So What is GPS Trader?
For short, a scam. A scam that promises to make you win more of your trades than you would lose. The difference with this and other scams is that this one comes in the form of an app.
The Crazy Technology
When you first land on the site, you will see that they have “tracked” where you are from and then they try to show you that there are people making all kinds of crazy amounts of cash in your area.
You’re probably like, “wow, this thing must work if they can actually do that”, but with the latest and greatest technology (not from them) you can do a lot of things.
The one thing I can promise you that their technology or anyone’s for that matter, is make you money. If you want to avoid scams online, you might want to know a few things.
- There is no push button software
- There is no “secret” to making money online
- Anything that seems too good to be true is exactly that
- Making money requires work
If you can follow these simple points, you can spot a scam immediately. I know, it can be very hard to avoid something because of your curiosity, but do yourself a favor and go with your gut.
How the GPS Trader Scam Works
Of course the whole “free” thing got a lot of you and that is completely normal. When I first came across one of these softwares (ozrobot) I felt I had nothing to lose and obviously I was wrong.
The one thing the fine folks at GPS Trader don’t lie about is the fact that they are giving you their app for free. I’m sure you knew that they weren’t going to give you anything for free though, right?
Well of course these guys will get their money and in a very discrete way too. Before you can get to use this app, you will need to get signed up with one of their “recommended” brokers.
I know, so much signing up, but that is only because now you can have the owners of GPS Trader and The shady broker email you about their other lies.
Anyhow, once you make your deposit (of $250), that is also the time these guys make money. From this point on, they couldn’t care less if you won or lost a trade.
The app is nothing but a hoax, which will make you think you’re actually getting value out of it. If you are not as lucky as most of us are, you can expect to lose most of your trades than you would win.
DO NOT make another deposit if you have already lost what you invested. This is nothing more than a roll of the dice and you have not landed on a goldmine to make you thousands of dollars.
Oh, and Don’t Entertain Your Broker
Once you get signed up to the broker, you can expect them to call you and asking you information like you did something wrong.
It’s going to be a super awkward conversation and they will be some of the rudest people you have ever met. It’s a marketing tactic they use, so don’t get intimidated by them.
I once said I can put $10,000 into my account and can you believe they told me that wasn’t enough? All that did was make me hang the phone and I ignored them and quit responding to their spam email.
But GPS Trader Guarantees You $20,000
Usually these scamers will give you the nice marketing videos and testimonials, but these guys have taken it a step further into la la land.
Although I just let the video run while I was doing other things on my computer, I couldn’t help but notice their guarantee of making you $20,000 a day.
It wasn’t so much the guarantee, but the adjustment nonsense that they mentioned. So if you didn’t hit $20,000, they would credit your account to make sure you hit that mark.
I literally gave my ugliest face possible when I typed that as I know this is a bunch of the oh so very lovely baloney.
This is just another bogus offer that is not going to work, so put your eyes back in their sockets and get back to reality.
Avoid the GPS Trader Scam
I don’t care how curious you get and I don’t care how long that dude spoke about how amazing this software is, but you need to stay away from this and anything like it.
There are hundreds of the same lies out there and the only ones winning are the owners and their affiliates. Oh and, that irritating broker too.
What I Really Think
If it is impossible for you to stay away from stuff like this, you will only become another statistic. If you want to make money online, you will need to put in the work like everyone else does or you’ll end up in the hole.
No matter how legit some of these things may be, you need to understand something about binary options and trading, which I’m pretty sure you’re familiar with.
“The house always wins”
Thanks for reading my GPS Trader review and hopefully I have given you more insight on another too good to be true scam. Have you fallen for this? We’d like to hear more about it, so please do share in the comments section below. Cheers!