Here is a review of Midnight Money Machine, which just so happened to land in my inbox from someone asking me if it was a scam.
In the world of trading and binary options, there are hundreds of these scam software programs that are created almost daily now and the sad truth is that they probably will never stop no matter what we did.
Midnight Money Machine is just one of the many schemes that you need to stay away from as their too good to be true claims are nothing but hype.
I hope this review can save you some money and hopefully give you more insight on how to avoid scams online so that you don’t become another victim.
Midnight Money Machine Review
Name: Midnight Money Machine
Owner: Jeff Farrell
Website: www.midnightmoneymachine.com
Price: “Free”
Overall Rating: SCAM!
What is Midnight Money Machine?
Trading software that is supposed to give you a higher winning percentage with a claim to make you $1,579,51 every midnight.
I don’t know if they were trying to trick us into thinking that is a million dollars or if they just don’t know what they are doing.
That is just one of the many red flags that this site comes with, so let’s get a little more into things as we unveil yet another get rich quick scheme.
The Target Market for Midnight Money Machine
Anyone who is desperately looking to make money online with the least effort possible. Then of course we have those that just want to learn more about trading and be more profitable at it.
This amounts to almost everyone I know and almost everyone you know. I mean, who doesn’t want to make more money, right?
So before you get into this thinking that you have nothing to lose, let me explain how everything works. Very simple, but this type of stuff will get curious people like myself to give in.
Getting Started
Just like the Greenwood Formula that I reviewed the other day, it comes with the claims of making you thousands of dollars through trading binary options.
All these scammers do is change the theme and name of a site and put it out on the net as the latest and greatest money making software.
First they start you off with a nice little video trying to show you that you are apart of the “beta phase” which will make you think you are apart of some type of special group.
They then will take your email addy so that they can market to you over and over and over again, which is just one of the many thing I can’t stand about these sites.
After opting in, you will then be sent to their page of oh so lovely testimonials of people that aren’t making anything with this software.
Fake Testimonials
The people claiming that this system works have done the same BS video on other sites like this and I can promise you that they are not rich.
As a matter of fact, you can find these fine people on a site called Fiverr.com, from which they will do almost anything if you pay them $5.
If you take a look at the screenshot below, you will see that the same line is used by two different people. They could’ve at least changed up a word or two, but that’s how not smart the owner really is.
While I’m on it, you should also know that the owner is not really the owner. I mean, the owner uses some bogus name and a computer generated voice to market their scheme.
So as you can see, these fine young gentlemen were paid to create a testimonial and they went as far as Twitter!
Then You Have the “Recommended” Broker
This is another thing I can’t stand. When you enter your telephone number like they asked (which I hope you didn’t), you will get called by one of their brokers.
They will contact you asking all kinds of stupid questions, which will make you feel very uncomfortable. I literally had to go to another room because I felt as if I was being interrogated.
They will ask you questions like…
“how much money are you trying to make?”
“How much do you have to invest?”
What blows my mind is how rude they are. I tried to tell this dude that I only had $10,000 to invest and can you believe that he told me it wasn’t enough? You gotta be kidding me!
So from something that I figured would only cost me $250, turned into a phone call from some crazy person that only wanted my money.
So as you can see, you have a team working on getting you to join the Midnight Money Machine scam. From its affiliates, to the broker, it is all one big marketing funnel.
The Actual Price for Midnight Money Machine
If you were to actually use this software it is going to cost you $250 minimum just to get started. Yes it is going into your broker account, but this is also where the owners of Midnight Money Machine make their money.
Whatever amount it is that you put in, these guys will get a cut. So if you gave into the broker’s interrogation tactics, these guys could’ve very well profited some big bucks just from you alone.
Can you imagine how much money they would make if even just 100 people were to fall for this scheme? This is where all the money is made, so don’t think they are trying to help you win one bit.
Now Does the Software Work?
If you have never traded in your life, there are only 3 outcomes at the end of a trade and one of them coming as often as a lunar eclipse, which would be the tie.
The other two would be nothing more than a win, and the other of course being a loss. So as you can see, the chances of you winning a trade is just as good as the flip of a coin.
So if for some odd reason someone is winning more of their trades than others, let’s just say they might have something most of us don’t, and that my friend would be luck.
If you’re like me and you are not the luckiest of the bunch, you will lose more than you do win and eventually lose all the money in your account.
Let’s just say the software is there for show. Trading binary options is not the easiest way to make money, but it can work. Just not with sites like this.
Tired of Scams? Here’s a Better Option!
Final Verdict: Scam, of Course
Give into this nonsense and you will be doing nothing but making the owners and its affiliates rich. That’s the only people who will make money with this, so please be smarter than most.
Oh, and of course the shady brokers will get the biggest cut of them all. So if you did enter your telephone number in the site, just be expecting a call from some of the rudest people you will ever meet.
We give the Midnight Money Machines two thumbs down!
What I Really Think
Been there, done that. It is literally impossible for me to review all these binary options trading scams, but I do try to get a good chunk of them.
Making money online is definitely possible, but please do know that you are not going to make thousands in one day from playing heads or tales. Unless of course you’re just that lucky.
From my experience, there are some software that actually do work, but it is only a matter of time before they start giving you more losses.
Rather than risking that hard earned money, I think it’s better to invest it into creating your own online business. It does require work, but the end result is always a winner.
Other than that, please do yourself a favor and stay away from the Midnight Money Machines scam. Thanks for reading this review and I hope you find success in whatever it is you set out for next. Cheers!
– John
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