If you are a new trader and have come across the latest Binary Options Trading software by the name Zero Loss Formula, I will suggest you avoid it immediately and search for a real platform to start with your trading. The Zero Loss Formula is the latest scam software in the market, and it has already bluffed a lot of people by giving them false promises and hopes, and I believe that you don’t want the same thing to happen to you.
The website shows all the typical symptoms of a scam site and no doubt the whole system is only designed to steal all your hard earned money. But if you are still in doubt with the message that I am trying to convey then go through this article and make sure you read this till the end so that you get a clear idea about this fraud system and the way it lures people.
Zero Loss Formula Scam – Find Out Why?
Zero Loss Formula Review:
Well, to start with let’s make a clear study of the anatomy of the name behind this system. This supposedly amazing auto trading software is called Zero Loss Formula which means to give an idea to the traders and newcomers that this trading platform generates signals with completely positive results and therefore no loss.
Well, this is what every scam site would say and to me, this software has no special feature enough to call it ‘Zero Loss.’ This is but a mere random number generator just like any other scam software that will generate the numbers for you in the form of trading signals automatically.
So, in other words, this is just an auto trader for the sake of it and without no guarantee of winning but why would you just simply believe my words? Let me explain this with more detailed evidence.
How does Zero Loss Formula Works?
The most important thing that I would like to highlight about the promotional video is that the presenter Peter Morgan doesn’t actually explain how the system works. He simply keeps on bragging about the money it will make but not the algorithm behind the system.
He also says that in 2012 when he and 50 selected Beta testers made their trades they had the accuracy rate of 90% which by now will have increased to an almost negligible amount. Well for those who are new to options trading I would like to say that even highly experienced traders don’t make such claim of getting 90% accuracy rates even after using trusted websites and sophisticated platforms.
Just like all the scam software Morgan explains that there is an underlying algorithm behind the system which analyses the market trends and news and predicts the winning signals with 100% accuracy.
This is what every presenter of a scam software says because there is actually no such algorithm involved with these fake systems that will so easily analyse the latest news and predict the winning signal.
Who is Peter Morgan? Is he Real?
Now the million dollar question is that who is this presenter Peter Morgan who poses as the owner of the Zero Loss Formula? The answer is he is just another paid actor who has been hired by the scammers to speak about the software in exchange for some cash.
Yes, that is right. The all so convincing Mr. Peter Morgan who posed as a very professional businessman making millions in the trading business is actually a fake artist who is just doing some other people’s dirty job.
All his comments about the software were fake and all his story about his life, the private plane, the Mac Book, the beautiful house and his beautiful wife are all just scripted lies. He is just telling a false story in front of the camera and believing him and then investing your hard earned $250 would be the biggest mistake of your life.
Let’s come to the fun part, and by this, I mean the testimonials. The testimonials and success stories given in the promotional video are no believing these stories would further make you a foolish newcomer.
In the testimonials section, three Beta testers whose names are not mentioned first of all are making unbelievable claims. Why are the names of these Beta testers not mentioned? This was the first question that came to my mind. The answer is that they are fake and have no such history of trading.
Yes, I am being straightforward because hearing all those huge amounts of profits any trader would know that such huge amounts in such a short time are not possible in binary options trading. Thus, anyone who would make such claims is nothing but fake.
These Beta testers are once again paid actors who are hired to make such claims behind the camera just to lure you.
Is this software Licensed?
The Zero Loss Formula is not at all licensed nor regulated by any financial regulating body, and this is just another reason to avoid this new software in simple terms.
Regulating body like the CYSEC has a very strict law about financial trading like binary options or any such trading platforms. This stands as an official body which will put a check on these platforms and thus makes sure there is no nuisance that offshore brokers or money sharks would do upon anyone.
Thus Zero Loss Formula is one such candidate who is in no way near to the trading business and trading with this platform is nothing but falling into the trap of money sharks.
Other Fake Claims they don’t want you to know!
There is some other information about the website which mostly would not come to your notice until you do a thorough research. For example the claim that Mr. Morgan makes about the website’s age and how it began generating huge profits since 2012.
The whole thing is made up because in 2012 there was no such site called Zero Loss Formula and nobody was making such Beta testing. To make my point clear, I made an investigation in the domain age checking website who.is and found that Zero Loss Formula was actually registered this year in the month of July.
This is a very common thing about scam websites and such incidents involving false domain age is recurrent, and surprisingly this also serves as a reliable proof for busting such bogus sites.
The Final Verdict:
I am sure by now you have got a clear idea about the authenticity of Zero Loss Formula! Every little thing about this website is just fake and by any chance, if you have already invested your $250 then I am sorry I can’t actually help you with that.
But if you are in doubt what to do if anybody suggests you to check out this software then the best thing you can do is to stay away from them and the software itself.