Prove My Profits is nothing but another binary options scam. While the website, videos, actors and even the real software looks professionally designed, Prove My Profits itself won’t be making you the money.
Wow! $498 561 per month. PROVEN. Did you believe that?
Now, if you looked at the sales video of Prove My Profits for 2 minutes, anyone would want to believe that they are going to make you that kind of money. Prove My Profits is obviously geared for beginners who are new to make money online and internet business.
This is obviously a newbie trap
You see, there are tons of people who are new to making money online and looking for push button software all over the web. These newbies are actually too lazy to learn how to trade stock markets or forex from scratch that they are willing to pay and do anything in order to get rich quick. Yes, scam trading app like these had been around since 2014 and there is no sign of stopping. Prove My Profits really fulfill what any newbies always wanted – easy money, the money must be as quick as possible and then they must be free.
Prove My Profits is actually about binary options auto trading app
You might already familiar with this, but Prove My Profits is actually about binary options trading. This is somewhat different from trading stocks where you buy or sell stocks. Prove My Profits is actually about choosing call or put options when you think that the asset is going up or down.
Is Prove My Profits really free?
The answer is, just like tons of binary options scams we’ve seen before, Prove My Profits dashboard is actually free to access, as long as you entered the correct phone numbers and email address. However, the problem is, in order to make this app trade for you, in other words, for this software to be activated, you need to deposit money into the recommended broker, Capital Markets Banc.
The good news is the dashboard of Prove My Profits is actually quite professionally designed
In case you are curious, you can access the dashboard of Prove My Profits for free. Below is how Prove My Profits dashboard looks like: As you can see, if you are looking for an auto trading app, there is the button inside Prove My Profits that might help. By just pressing the button, this software will automatically trade binary options, with the chosen assets. Anyone with zero knowledge about web design, hosting and graphic design will be impressed with the dashboard of Prove My Profits. It will display the acocunt number, as well as the link to contact the customer support.
Can you become rich with Prove My Profits?
Short answer: No. In fact, we will be surprised if you could ever make a dime with this software. The reason is simple: Prove My Profits trading app will drain your money. Sometimes, you can expect to get lots of winning rates, sometimes you can expect to lose a lot of times. Also, the recommended brokers by Prove My Profits is actually not regulated. When we checked the member’s area of Prove My Profits, the associated binary broker is called Capital Markets Banc and based off our investigation, this binary options broker is not yet regulated.
I’m new to binary options trading. What does regulations means?
Simply put, regulations means that the binary broker must have some kind of license to operate their business. Regulated brokers obey the law and will refund your money once you’ve asked, unregulated once does not. This rule is actually true for all payment processors and almost all type of credit card processors. Usually, the regulated binary options brokers obtain their license from government agencies, such as CySEC (in Cyprus), ASIC (Australia) or FSA (UK).
How to find real binary options products that works
Real binary options software and brokers must be regulated. Then, you must be able to test the software itself on demo accounts first, before putting real money on the line. In case you didn’t know, there are tons of binary options brokers as well as forex brokers offering demo accounts to their clients. Real binary options products must have several settings not only to trade with different indicators, but also to control your risk as good as you can. In other words, real binary options software must look like this:
Where to go from now?
We highly recommend that you check out our #1 recommended software, Option Robot, which is free to test on demo accounts. You can click here to read more information as well as tutorial about how to use Option Robot, or here to browse straight away to Option Robot homepage.