There are online scammers who design fake binary options software and approach people to join them. One such scam software that came to trader’s attention recently is the Multiplexer Software which looks pretty convincing at first but when I made an investigation there were sure shot sign of scams which needs to be exposed.
The Multiplexer is a storehouse of scam features which I will reveal in this review and show you the reasons why you should not be investing in this software. So, keep reading this review to know further about this new scam software launched targeting the people interested in the binary options trading industry to trick people.
Multiplexer System is a Scam – Avoid this Software!
Multiplexer Scam Features:
There are various factors which indicate that Multiplexer is a scam software that doesn’t give you any real time earning. When I visited the website there was no genuine information about this software and it only showed lies in a very sophisticated way with its convincing website that made it look genuine at the first glimpse.
Apart from that, I have managed to find some evidence which indicate that Multiplexer is a scam and the official video was one of them filled with foolish documentation which is a clear indication of a scam.
Buying videos from Shutterstock:
The beginning of the promotional video is filled with a collection of video clips purchased from Shutterstock. The founder of this website Richard Ewing says that the people featured in the video became rich by using the Multiplexer software.
The promotional video is boring, nonsensical and the paid actor is just telling lies to convince people. So, it is highly recommended that you should avoid this software.
Richard Ewing is a Paid Actor:
The man who claims to be the founder of Multiplexer Software is actually a well-known actor. He has also featured in many other scam software videos just for the sake of money and also acted in many Hollywood movies.
So, you can’t trust this man who act for money and in this promotional video for Multiplexer he has actually done flawless acting. But I don’t think that is really beneficial for traders so believing this person and investing into this software will be a really dangerous idea.
The original identity of this man is Glen Baggerly an actor from Portland, Oregon. I believe this is one of the evidence that this software is not his and is just another work of some experienced and already wealthy scammers.
Making $850 per Hour doesn’t sound very realistic!
The company assures you an earning up to $850 every hour which sounds quite attractive but let me remind this is not possible with some random software which came out of the blue.
Usually there is no fixed earning in binary options trading which means that there is fluctuation always. This software is assuring you that you will earn a certain amount on an hourly basis from the time you start joining the software.
You can also see in the given chart that only the winning results are mentioned this clearly proves the level of nonsense that they are trying to portray.
Assuring 100% winning trade is totally impossible:
The alleged founder of the software says that other binary software can assure you only 75-80% winning trade whereas the multiplexer is assuring you 100% winning trade which means there is no loss at all.
This is once again not true because binary trade software doesn’t always keep winning all the time and there are always ups and downs in the trade and losses are natural.
Any legit binary option software can give you mostly up to 85% of winning chances and even the best can reach a rate of 95%, which means that the man is simply bluffing on the video. Thus, you can be sure that this software is a fraud and will not give you any earning at all.
No loss Algorithm – Is it Possible?
The software is said to work in a speed of 92/100ths of a second which is and it further says that whenever there is a sign of a signal that will generate loss the algorithm uses the Rapid Counter Trade (RCT) which protects the trade from going wrong.
You might be clear by now that the software is claiming to be a superfast no-loss software which is really not a believable fact. As, I have said earlier there is no proper trading guide and simply giving a offer without any perfect reasoning sounds irritating.
Is it Takes Six months to make people rich: Really?
When the video begins you can hear clearly that the presenter is saying that the software has made people rich since six months. Well I think this is the biggest lies mentioned in the video because six months ago this software was not even available.
It was just registered on 2016-10-06 that means in the month of October. This proves that there is no question of people making profits from this software from six months time.
Conclusion: Multiplexer is a bogus system!
Finally I am sure that you have got a clear idea about what the people behind this software are trying to sell. They are just trying to attract the attention of innocent people who don’t have any idea regarding binary options trading.
I suggest that you never use the Multiplexer software because it is scam and has no connection to binary options trading. You will end up losing your money and that may result in the end of a succesful binary options trading career that you might have achieved if you had actually invested in a real platform.