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Trading Reviews and Vendors


Discuss and review vendors of commercial trading products, trading rooms and services, trading indicators or third-party paid add-ons




 

Ultimate4Trading

  #4 (permalink)

3rd times a charm!
San Francisco CA
 
Futures Experience: Intermediate
Platform: Ninja
Broker/Data: CQG
Favorite Futures: ES
 
Zxeses's Avatar
 
Posts: 139 since Jun 2014
Thanks: 90 given, 170 received

Whats interesting about a scam like this is where the scam is hidden.

The free trading strategy is likely a double-down binary option ploy, every time you loose, you double until your win, then your're ahead, rinse, repeat. No wonder its free right?

The real scam is: the trading market they move you to. Not a well regulated or backed binary market like Nadex, no these scammers move you into black box markets that either dont pay up when you go try to collect your wins, block you from closing your account, or just up and vanish one day like a typical ponzi scheme.

The SEC has a good PDF on the subject

https://www.sec.gov/investor/alerts/ia_binary.pdf

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