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Home » Reviews » Negative Reviews » The Midas Method Review – Just Another Trading Scam

The Midas Method Review – Just Another Trading Scam

May 5, 2016 //  by John

the-midas-method-reviewName: The Midas Method

Product: Binary options trading software

Website: www.midas-method.com

Price: “free”

Overall Rating: 1/5 stars

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I immediately had to do a review on the Midas Method after getting an email from another scam program that I was once involved with.

Trading binary options has now become a thing of the past for me and I have come to the conclusion that none of them even work.

After losing thousands of dollars to these binary options software scams, I think it’s time to put an end to these schemes.

What makes things worse is the fact that people are out there creating “positive reviews” of something that they know doesn’t even work.

What is the Midas Method?


A binary options trading software claiming to make you $1,350 per day if you join the next 20 people in the amazing “opportunity”.

You get free access to the software as well as $250 so that you can start trading. Sound too good to be true? Of course it does, so let’s get on with the show.

Who This is Intended For


Anyone in desperate need of making more money or looking for a legitimate way to make money online. This my friend amounts to almost everyone I know and I’m pretty sure you do too.

There are just so many marketing nonsense that comes with this that it’s almost impossible to say no to what they have to offer.

Get it for Free!


Of course you’re going to think that these guys are the best people in the world because they are giving you their software for free.

In case you didn’t know this, nothing in life is free and something claiming to make you thousands of dollars on the internet is definitely not going to be free.

Then they’re going to give you $250 to start trading? That’s something no one could pass up, so of course you opted in and were looking to make money immediately.

Like every other typical binary options trading software scam, you will always have to opt-in to the product owner’s list and then the broker’s list

Not so Fast


If you haven’t entered your email addy in any of these fields, good. If you did, I hope you gave a bogus number or something.

If you did fill out all your information like they asked, you most likely got a phone call from one of them rude brokers that try to hustle you.

Can you believe that they told me I needed to deposit more than $10k to make money with this? You gotta be kidding me!

Remember that $250 they claimed to give you? That didn’t happen, but I’m assuming that the broker would’ve offered me that bonus (like they always do) when you make your first deposit into your account.

The real price for the Midas Method – $300

Yeah you are not putting any money directly into the owners of the Midas Method’s bank account, but this type of stuff is done in a very discrete way that will let you believe you are getting everything for free.

How it Works


As an affiliate of the Midas Method, you will make money, so don’t think that these guys are paying you from their savings account.

When you make your deposit into Titan Trade or whatever broker they used for you, it will always be a minimum of $300.

Just like I figured, the price would go from $250 – $300, but it actually increased a lot sooner than I thought.

Now once you fund your account, this is where the owners cash in. From that deposit or any future deposits, they will get a percentage of that.

So whether you win or you lose, they really don’t care from that point on because they got what they wanted.

But Does the Software Work?


I know, I know, everything looks nice and pretty with the charts moving across the screen and the numbers changing from green to red every now and then, but don’t let that fool you.

These charts can be done from anywhere on the net and they will all show you how the market is moving. In the end, this is all for show.

the-midas-method-scam

For the most part, it’s like any gambling I’ve ever done in my life. I win a good bit and then bam! I’m walking out with an empty wallet.

The same thing will happen here unless you’re just that lucky. As far as the software working, ehhhh, you’re better off rolling some dice at a crap table.

Why Would Anyone tell you the Midas Method is Legit?


Because they get paid, of course. What I don’t get is how people can promote these scams like they really work, when there are some legit programs out there that are willing to pay them to do the same exact thing.

I know there are only a handful of legitimate ways to make money online, but they are out there. Then again, there are a bunch of programs that will show you how to promote their schemes to make that money, so it’s really hard to trust anyone out there.

So if I was to tell you that this was a legit way to make money online and you clicked on my link, I would make money off of you. But I’m not going to do that.

Final Opinion of the Midas Method


As much as I would like these software to work, they will never. I mean, if these things were making people this much money, everyone would have been on this in a heartbeat.

There is nothing but hype here and you will be wasting your money and most especially your valuable time, which you can be putting into creating a legit online business.

Final Verdict: Scam


Although I can make money by telling you that this thing actually works, I’d rather not. The Midas Method is nothing but a scam and you definitely need to stay away from this one and anything else like it.

If it’s not the owners of these products that will get your money, it will be the shady brokers that will do it. And in a very rude way at that. Either way you do things, you will not walk away with thousands of dollars like they claim you will.

scam

What I Really Think


I have put way too much money into these push button magic sites just to come up empty handed. I have traded in groups and still couldn’t make anything happen there.

Once these brokers know that you have figured out a way to “game” the system, they will pull the rug right from under you.

I have won some money, but just like I would at any other gambling table, I would sit there until I completely lost everything. I’m done gambling and that is all that you will be doing here.

My Recommendation


I know how it feels to try program after program trying to make something from the internet, just to end up on the losing team.

If you are looking to make something out of the internet, just know that it is going to require some work and determination.

I can promise you that there is no push button magic out there and there is no “secret” either. So if you’re in the hunt for it, you might as well stop now.

Or, you can try this program here and see how it is to build a legitimate online business. No promises, no software, but an honest way to make money form home.

Well there you have it! Thanks for reading my review of the Midas Method and hopefully I have given you more than enough information about how everything works.

Remember now, when it comes to binary options, there is always going to be one winner and it most likely isn’t going to be you. Just like we all know…The house will always win. Cheers!

 

Category: Negative Reviews, Reviews

About John

Hey everyone, I'm John and I am the owner of this site. I have fallen for many scams, played the recruiting game, and lost thousands of dollars before finding something that actually works. With this site, I hope to save you time and money as there are too many gurus that care about nothing more than filling their pockets with YOUR hard earned money.

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Comments

  1. collins miller

    September 23, 2016 at 8:09 am

    Binary option is something have come to understand that it only takes those that have been into the trade for very long time knows the secret behind the trade, have also found out that brokers and they account manager don’t disclose how they make they money they prefer you lose and they keep gaining. If you found it difficult to withdraw your winning or you have lost big money from greedy brokers who are not licensed I can help you with my method to recover all that you have lost. And also if you are new in binary feel free to contact me on collinsmiller222@gmail.com

    Reply

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