Name: The Profit From Home System
Overall Rating: 1/5 stars
“Would you like to quit your job and make easy income from home?” That was the first thing that got me questioning the legitimacy of the Profit From Home System.
Then after reading several “positive reviews” of this, I had to do my own research to see what they were really about.
Just like I expected, this was another too good to be true scheme that wanted nothing more than to take my money so that they can make theirs.
So if you’ve skimmed through a review that offered you a bonus I’m glad you did more research and found something that is actually legit.
Although I can’t save everyone from falling victim to these binary options scams, at least I can save some of you from throwing that hard earned money away.
What Exactly is the PFH System?
A binary options trading software that claims you will win more of your trades than you would lose. With a claim like that, it is almost impossible not to believe.
Who this is for
Anyone looking to make money online, which my friend amounts to everyone that is looking to join the Profit From Home System.
Everyone has loans and want to become financially free right? That my friend is the target market for this scheme, so don’t let something that is too good to be true fool you.
You don’t be getting anything tangible and everything will actually be done from the site. You get access to the software, which is what will supposedly get you to winning trades in the binary options market.
You do get the software for free, but that doesn’t mean you won’t be paying anything. As far as paying anything DIRECTLY to the PFH System, not so much.
How it Works
When you get through all the fake actors and fake testimonials, you will then hit a point where you have to get signed up to one of their recommended brokers. In this case, it will be one called Opteck.
You will also get to a page that has a nice little timer as well as a space in the form asking for your phone number as well as your name again, like they didn’t get it the first time.
Don’t let the timer rush you. I hit the back button and loaded the page again. Guess what happened? The timer restarted, just like expected.
If you’ve filled out this field, you most likely got calls from these shady brokers telling you about how you need to invest more money if you wanted to make money. I hope you ignored those calls.
Well, you still need to fill out that information to get to the next page, so I hope you actually used some bogus number.
Once you get to the next page, this is where things become not so free anymore. This is also where the owners make their cut.
Every time you make a deposit into your broker account, the owner of the Profit From Home System will get paid.
Once you have made your deposit, they really don’t care what happens after that.
I don’t think anyone would really tell you their secret formula to making millions of dollars online, even if this one claims to do just that.
You also need to remember that no one will give you this type of stuff for free. Just to get started with any binary options broker, you will need to make a minimum deposit of $250.
It used to be $25 back in the day, but they have upped the ante and now it is at $250. That will be the very least you can deposit, so don’t expect anything less than that.
Now Does the Software Work?
If you don’t know how trading binary options works, just know that it is nothing more than a 50/50 chance of winning any of your trades.
There will be the occasional ties, but for the most part you will either win or you will lose and that is that. Nothing more than the flip of a coin.
So if you’ve come across someone who has actually won more than lost, just know that they are part of the lucky bunch.
If you’re like everyone else, you will win some and you will also lose some, which you will eventually lose if you don’t quit while you’re ahead.
All this will do for you is make you think that you are going to eventually win. This will then make you deposit more money until you realize that you are doing nothing but gambling.
Yes, You are Gambling
I used to be big on gambling, which is one of the reasons why I was drawn to binary options in the first place.
I thought I found something that would get me out of my bad habits, come to find out that it is exactly just that.
I can tell you that I did win some trades, but that was about it. As far as the thousands of dollars is concerned, that didn’t happen.
So is it a Scam?
It’s really hard to call this a scam even if I think this is a shady way to make money. But the truth of the matter is that these guys actually play by the rules.
By putting a disclaimer on the site, it saves them from being shutdown. With their claim to make you money, that my friend is nothing but hype.
The way things are done here are completely legit, but the tactics used here are very unethical. Do you think this is a scam?
Name: Profit From Home System
Real Price: $250
Overall Rating: Not Recommended
I would never recommend any binary options trading software or robot. Period.
What I Really Think
The only way to make money online is to put in the work just like you would a real job or a business. There is no secret to doing it, but there is also no shortcut.
I recommend trying the Wealthy Affiliate, which is the same exact program that not only made me my first $1 online, but also the same one that got me to working from home full-time.
Binary options robots and software will be around for as long as trading so you can expect them to create more of these schemes.
You’re a smart person and I know you can make a grown up decision here. Thanks for reading my review and I hope that I have helped you dodge another too good to be true scam.
If you’ve had any experience with this, please do share your experience in the comments section below. Let’s get the truth out there so people can see what this is really about. Cheers!
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