Looking for an honest review of the Greenwood Formula? Wondering if it’s a scam? Let me give you all the information you need before you decide to invest any of your hard earned money.
There are too many people that will promote this thing like it works, when all they want is to make a couple bucks off of you too.
How would you like to ride on a snow mobile like the dude in the sales video for Greenwood Formula?
Want to give his promise of making you $100,000+ in the next 30 days a try?
If you immediately thought this was a too good to be true scam and did more research on reviews for this binary options trading software, great job.
Unlike you, there are going to be those that feel they have nothing to lose and give into the marketing strategies that this site comes with.
Been there, done that.
After losing thousands of dollars to schemes like this, I want to show you exactly how these guys use these types of programs to take your money without you knowing.
Greenwood Formula Review
Name: Greenwood Formula
Owner: “Jake”
Website: www.greenwoodformula.com
Type of Business: Binary Options Trading
Price: “Free”
Overall Rating: 1/5 stars
What is the Greenwood Formula and How Does it Work?
Binary options trading software that is supposed to make you win more trades than you would lose if of course you use their program.
I know you’re wondering how this whole operation can be a scam when they literally charge you $0 to use their software, let me explain.
After submitting your email a million times, you will get to the point where you will need to get signed up with one of their “recommended” brokers.
Once you get there, things aren’t going to be so free. Before you proceed with the million dollar software, you will have to create a broker account, which my friend will require a minimum deposit of $250.
This is the same exact time that the owners of this scam get paid. From that deposit, they will get a commission for signing up with that broker.
Ignore the Broker or Else…
If you haven’t already created a broker account, don’t. If you did, you will get to the part where you will need to put in your telephone number, which can be a big mistake by most people.
If you’ve gotten to this part of the signup process, this is where the broker has your contact information from which they are able to spam you with all kinds of bogus make money from home schemes.
To make things worse, they now have your number so that they can call. They will use their shady broker tactics on you, so be careful with this.
If they haven’t called you yet, I promise you they will. Once you get that call, they will pressure you into depositing more money, which I almost gave into at one point.
They will be rude and try to make you feel like they know everything and they have it in their best interest to make you money when they really don’t.
But, Does the Greenwood Formula Work?
Did you really think that these fakes would give you their secret formula to millions? I think they would keep using their software for themselves instead of creating a program to “help” other people make money.
If I ever made thousands of dollars from any of these sites, my whole family would be rich, because I would tell every single one of them about it.
But, you see, that’s just not the case here. As a matter of fact, the people throughout these videos and testimonials aren’t who you think they are either.
Same Old Fake Testimonials and Bank Accounts
Every single one of these types of binary options trading software sites use the same tricks. They start you off with the fancy lifestyle nonsense and then lead you into the testimonials of “real users”.
If you are thinking these guys are making this type of money, you might want to smack yourself so you can wakeup and get back to reality.
These people can be found on a site called Fiverr.com, which you can pay them to do almost anything for five whole dollars. Yup, $5.
This is nothing new and there are dozens of sites exactly like this that use the same strategies. For the most part, it is the same owner who creates a new theme and throws out the next scam.
Yeah and I almost forgot to mention that the owner is not who he claims to be. The owners will always hide behind these paid actors to protect their name.
And of course these verified accounts are not making the type of money you see. I don’t know how in the world these are “verified” accounts. Shaking my head.
So, the Real Price
To get started with this or any of the binary options trading software scams, it will cost you $250 to create an account with their “recommended” broker.
Yeah the software may be free, but there is just no way that anyone would create this product without getting a single penny out of it.
You will not be able to access the software until you have created your account with the broker, so yes, you have to pay before you actually use it.
The Final Verdict: SCAM!
Although I can’t find every single one of these and give you everyone the truth about this, I can at least save some from losing hundreds and thousands of dollars like I did.
If you’re wondering how these fools get away with this type of stuff, I’d like to explain that too.
They can say whatever they want to get you to purchase their product, but as long as they have a nice little income disclaimer on the site, this will protect them.
So if you were thinking that the Greenwood Formula was going to make you some type of overnight millionaire, I hope you read the terms and conditions before you become another broken hearted trader.
Click here to read the income disclaimer of the Greenwood Formula
What I Really Think
Although I have had my run with binary options and forex trading, I always had the same result, which was me on the losing side of things.
Some of these things will actually work, but give it a little time and they will end up like the rest of these schemes.
There is no push button magic software out there and just like the old saying goes, “the house will always win”. And yes that applies to the world of binary options too.
My suggestion to you is to put in the work and create your own online business. Quit giving into the hype and create something that will be there for you in the long run.
Click here to see what program I know works!
With that being said, I hope you have learned a thing or two from this review and most especially I hope that I have saved you some money. Cheers!
– John
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