PrePaid Profits – Scam or Not

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a Complete Guide for Binary Options Trading

Binary option trading software is a real game changer, especially if they are genuine. They eliminate the factors associated with human trading since they trade without any attached feelings and they, therefore, don’t suffer from greed which is the main reason behind the losses that most binary options traders in the world make. These applications are usually designed to automatically place trades without the input of the trader. The work of the trader is just depositing his or her investment and withdrawing the profits thereafter, after the binary options trading robot has done the trading. Binary options trading becomes completely stress-free.

However, binary options traders should be on a high alert since fraudulent binary options trading robot developers are on an increase and if one is not careful, may end up losing his or her hard earned savings to them. That is the reason we have done our investigation about PrePaid profits robot to find whether it is a scam or real. Read our PrePaid Profits review to find out more about it.

Basic information:

Cost: Free
Software: 100% Automated
Max Returns: Up to 88%
Minimum Deposit: $250
Countries: All nations

  • The software claims to be fully automated.
  • No initial deposit required to begin using the application
  • There is no connection to a binary options broker which therefore provides no platform for analysing the binary options markets.
  • The developer is anonymous creating a lot of suspicions.
  • The software only trades in form of competitions instead of doing live trading on the binary options markets.

BinaryMinery Verdict:

Not Reliable Service

What Is PrePaid Profits?

PrePaid Profits is a new binary options trading application. From its website, we were unable to find out the real name of the developers of this trading application even from their promo video and that was a real red alert. A genuine trading robot developer would very much want to be associated with his or her trading robot if in any case it is of good standard and it is not a scam.

From their official website, the trading application woes binary options traders by promising them huge risk-free upfront profits, which means that the trader seemingly doesn’t have to make any deposit to begin trading, which is not the case with all the real binary options trading robots.

Screenshot

How Does It Work?

According to the anonymous developer of this binary options trading application, the application is downloadable. Then after downloading the app, the trader needs zero initial investment to begin trading using this app although the website also states that the trader can trade with as little as $30– this sounded very unrealistic since how will the trades be placed? Where will the investment that will be used in placing the trades come from?

Then the developer claims that traders are to earn profits by participating in competitions which will last for a maximum of 5 minutes earning the trader profits of $50. Although this seems to be very practical, the thing that caught our attention was that all this was being done without the connection with any broker. With the broker, the traders as well as the trading robot/app will not have access to any platform where they can analyse the binary options market and we were left to wonder how the application generated the trading signals.

Then, the anonymous developer also claims that he or she will only be getting 1% from the won trades, which was a real marvel since in the first place there is no visible link between the trader’s account and the developer. This only leaves one speculation which is that the developer has some undisclosed ties to the app which may end up eating the trader investments.

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Final Conclusion: Is PrePaid Profits a Scam?

A real binary options trading software is one that has known developers, a proven trading record as well as well laid out documentation about the application to help prospective buyers and users to understand it better and also use it with ease. However, from our investigation, the PrePaid trading software met none of these conditions.

There was absolutely no clear information as how this trading software operates and who developed it. Also, we could not trace any record of a proven record of this trading application.

We also found the official website of PrePaid Profits application to be below the standards of a real genuine trading robot. The only thing that was very conspicuous in the website is a button showing the real balance and a withdraw button at the right-hand side, a clock showing the time for each completion and a small section with the step 1, click trade to start. Therefore is no enough information as to how the application works or how long the withdrawal process will take if in any case it is real.

This trading software, therefore, did not meet our mark of a safe trading software.

7 Binary Options

With the explosion of binary options automated trading software, there are bound to be some systems that are unreliable. As well, a great many of them turn out to be scams designed to steal your money rather than produce a profit. It is important to know what you are getting into before you sign with a system. Luckily, sites such as ours provide unbiased and honest reviews about such trading systems.

PrePaid Profits is one of those autobots that claims it will earn substantial profits for traders with little time or effort required? Are they one of the reliable systems or just another fraudulent system trying to steal our money? Pay attention to the following PrePaid Profits Review for more details.

Basic information:

Cost: Free
Software: 100% Automated
Max Returns: Up to 88%
Minimum Deposit: $250
Countries: All nations

  • Fully automated trading
  • Offers a variety of assets
  • Missing information such as company details and owner information
  • No proven results as of this writing
  • Brokers are not regulated
  • Customer service does not appear to exist

7BO Verdict:

Not Reliable Service

What Is PrePaid Profits?

PrePaid Profit App claims that is a totally risk-free trading system that has a 100% success rate. First of all, no trading system is ever risk-free as there is always risk involved in binary options trading, just as in any other form of investment. There is no such thing as a risk-free trade and there never will be. As well, there is no way that a system can have a 100% winning ratio. It is just not possible. These facts alone leave a bad taste with us so we are already suspicious of PrePaid Profits trading system.

In the sales pitch video, as well as on the website, we are given no information as to who created the software, if there are any additional costs, how it operates and so forth. The lack of pertinent information also leaves us feeling wary of PrePaid Profits system. How can you trust a system that does not give you an ounce of insight as to how it operates?

Also, the screenshots shown during the video are obviously doctored and the testimonials found on the page seem biased and contrived, not the least bit sincere. At this point in our investigation of PrePaid Profits, we are not the least bit satisfied with this trading bot.

Screenshot

How Does It Work?

In order to use PrePaid Profits you must first create an account with a broker that is forced upon you by their site. You are not provided with the ability to choose your own broker. Also, we realized right away that none of their brokers are regulated so they do not have to be accountable to a higher governing system. This to us is very shady.

Once you fund your account you can begin trading. You are required to pay a small commission per trade to the “creator” of the system. Since we have no idea who in fact designed this system in the first place, we also find this to be a bit sketchy. So far, we find nothing positive about this system. Everyone is a bit unclear and we are more than suspicious of this software.

The website itself is pitiful and lacks information such as company address, licensing info and even information as for how to contact customer support. We honestly feel that PrePaid Profit is not to be trusted and cannot in all decency recommend this system to anyone as of this writing. All we have found are complaints from those who made their initial deposit, tried to access the software and never saw their money again.

Conclusion: Is PrePaid Profits a Scam?

We cannot say that PrePaid Profits is a scam trading system as of this writing as we do not have enough information at this point to prove our case. However, that being said, we feel that there are too many gray areas with this system and in our honest opinion, PrePaid Profits is shady and not to be trusted with anyone’s personal or credit card details or their hard earned savings. We urge you to look for a more trusted auto trader and stay clear of this system.

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Detailed Prepaid Profits App Review – Scam or Not?

The Prepaid Profits app for online investments was just released to the Forex trading public. It has joined the huge number of CFD trading systems that circulate the industry every day. It also caught my attention with the angle used by the creators to market their product.

Choosing correctly is the only way you will be able to keep your investments from getting hurt and yourself from accumulating significant losses. But is the PrepaidProfits app the correct tool for online investments in currency pairs or is it just another scam trying to push a fictional story and results? Read my full review to discover facts about this system.

Prepaid Profits App – Scam or Not?

I don’t want to rain on anyone’s parade, but I am willing to think that the Prepaid Profits app is a scam. Here’s why:

  • First , there is no creator. Just a mechanical voice narrating an animated video. That anonymous person talks incessantly about his secret insider method which allows him to beat his trading competition.
  • Second , he claims that after everything started as a game of skills, now there are 10 million people taking part in this challenge. So than, where’s the feedback from all those people?
  • Third , the anonymous creator promises that you will not have to invest any funds beforehand in order to start trading. There is no system out there that would ever work like that and I will explain you why in a bit.

Review Verdict: Prepaid Profits App Is a Scam!

How Does Easy Pre-paid Profits App Work?

The PrepaidProfits System is said to be downloadable but my investigation proves that it streams online. You enter a competition with other traders and if you win, you will be able to withdraw your profits once the competition ends. Prepaid Profits App suggests winning trades on 15-second Forex trading with a predetermined investment amount of $30. Each competition lasts 5 minutes and you can see a leader-board to observe your progress.

Review Verdict: Prepaid Profits App Is a Scam!

The creators of this scam system claim to receive 1 cent commissions on each winning trade you make. Given the fact that you are NOT connected to a broker before you take part in the competition, there is not source of information for the possible trades. Robots connect with broker platform exactly because they utilize their investment information and take the trades from the broker platforms. You have to connect with a broker AFTER the competition ends. This is a clear sign that the Prepaid Profits software is rigged in order to attract naive traders.

Review Verdict: Prepaid Profits App Is a Scam!

Hello, I am Collin Tyusm. I am a Forex blogger. I have created my blog, because I want to help people learn more about Forex & CFD Trading Software and Bots.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    1st Place! Best Binary Broker 2020!
    Best Choice for Beginners — Free Education + Free Demo Acc!
    Sign-up and Get Big Bonus:

  • Binomo
    Binomo

    2nd place! Good choice!

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