Profit Booster Review

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7 Binary Options

The Profit Booster App robot was created by Sam McMillan, Alfred Kowalski and Peter George Allen, with Sam and Alfred being ex-engineers from Google and Facebook while Peter is apparently the marketing guy. Peter is the one allegedly narrating their 11-minute promotional video.

According to the video, which starts out by first explaining how most binary options robots are scams, the three of them got together and created the Profit Booster App which uses automated trend analysis to take advantage of human herd behavior to predict market movements and then automatically trade on it, giving them the advantage over manual traders. They emphasize that the software is completely free, and also mention at the end how many binary options brokers linked to robots are unregulated and unethical. They go on to cite common behaviors such as bonus conditions and withdrawal restrictions, which anyone familiar with the binary options broking industry knows is correct.

So is the Profit Booster App a legitimate robot or just another scam? See our answer below!

Basic information:

Cost: Free
Software: 100% Automated
Max Returns: Up to 90%
Minimum Deposit: $200
Countries: All nations

  • Free
  • Regulated broker
  • Fake claims and testimonials
  • No real information at all provided

7BO Verdict:

Not Reliable Service

What is Profit Booster App Robot?

We have to give it to them; the people behind the Profit Booster App robot sure do know how to sell a convincing story. And by people, of course, we really mean scammers. Hate to break it to you, but the Profit Booster App is just another scam.

How can you tell? Simple, just look at the amounts of returns they promise; $1,419 in under 1 hour?? Not on your life, and certainly not on a $250 minimum deposit. If you want to be making over $20,000 a day you better be trading in amounts of hundreds of thousands!

And besides, a quick look at the ‘Disclaimer’ section on their website will soon show that despite all their promises and guarantees, they actually don’t guarantee anything at all.

And while their promotional video looks slickly produced, in reality, all the video images are nothing but stolen clips from other advertisements. We do admit that they spliced it together very well, however. Nevertheless, the budget for this is clearly very low and all they did was some good video editing with a nice voiceover. Overall, a low budget scam and this can be seen by their use of stock photos for some lame testimonials.

From a psychology side, the way some of these scam robots go about trying to convince customers that they are not a scam is by first mentioning how many scams there are out there in the first place. By doing that they believe they can set themselves apart from the crowd by acting as some sort of cautionary advisor. Of course, they themselves are no better.

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Screenshot

How Does It Work?

Basically, all these scam robots generate money for the owners via affiliate commissions from their partner broker. Essentially, these robots are nothing but affiliate marketing vehicles to promote said broker. That’s why they’re always free and always tell you how you don’t need to take our your credit card etc. but you do have to take out your credit card to fund your trading account and that’s when the broker will cut them a nice affiliate commission check.

In most cases, the brokers they partner with are unregulated and also unethical. On this point, the video was most definitely telling the truth. Profit Booster App is partnered with Opteck, which is actually CySEC regulated and in truth, one of the better binary options brokers out there. So the people behind the Profit Booster App are not as shady as some of the other scammers running all the other scam robots out there.

Nevertheless, if you do sign up with the Profit Booster App, don’t expect any fantastic results – it’s just a promotion tool for Opteck. The robot itself is likely just a generic auto-trading software; it may or may not make you money.

Final Conclusion: is Profit Booster App a scam?

The Profit Booster App is just a marketing tool for Opteck, which is a regulated broker. Don’t expect any fantastic results with this robot; you’re better off just signing up with Opteck directly while actually studying and learning how to actually trade binary options. Better to give this one a miss.

Profit Booster App Scam: Don’t Buy Into the Hype, Read Our Review First!

Profit Booster App Scam: Don’t Buy Into the Hype, Read Our Review First!

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Last Updated: Sep 3, 2020 @ 2:23 pm

“If I had a million dollars, what would I do?”

Surely this is a question that everyone has asked themselves at one point or another. You’d probably go buy a boat, or spend the money on paying off your debts, buying a nice car, and maybe even a house with a yard and a view.

Of course, we all want money. It’s ridiculous to think that it would just accrue overnight, however- unless you’ve hit the jackpot, and won the lottery. Take it from us here at Valforex- you probably haven’t. Not to be a cynic, but your odds of winning a multimillion dollar lottery are about one in 28 or 29 billion. We’re not talking about the lottery, though, we’re talking about the very new “Profit Booster App” that makes very bold promises right out of the gate. These “investors” promise to make you around $1,500 in just one hour! And you don’t have to do anything!

�� Want to make money automatically with Bitcoin and Cryptocurrencies without the risk of trading yourself? Are you ready for self-custody of your investment funds? Do you like the sound of regular consistent results and profitable performance? Tired of the forex and crypto scams, false promises and games out there designed to separate you from your hard earned funds? Stop everything! ETBOT is for you! With the ETBOT software, only YOU are in control of your investment funds. The software works using API Key connections that only YOU set up and control. The ETBOT service and mother company EndoTech has been making investors hundreds of percent a year in proven gains since 2020! They use the volatility of the Crypto market to trade long and short using breakout techniques and strategies powered by real Artificial Intelligence. This year so far ETBOT has made over 75% for clients since January 1st, 2020 . If you are ready to leave the trading to the professionals and upgrade your monthly income, now is the time, head to ETBOT now and buy your subscription to get started. PS: ETBOT is a Profitable Forex/Crypto Trading Bot. 100% Verified and Recommended by Valforex.com.

If you’re feeling a little skeptical right now, we don’t blame you. If there were a legitimate way to make “millions” in a short, hectic period of time then nobody would be broke, and the one percent of the population that holds the majority of the wealth in the world wouldn’t exist. Be logical, be rational. The fact of the matter is that these phishing schemes and scam activities have MUCH more to gain from you than you do from them- and their offers are FAR too good to be true. We’re going to go behind all of the clever advertising and give you five solid reasons that you should stray away from Profit Booster App:

  1. Claims of Making $1,500 in a Single Hour are Bogus, No Matter What they Say

Never invest your hard earned money on a site that promises you unreal returns. Why? They simply aren’t logical. We’ve been in the business for a long time, and NO ONE makes 300-500% right out of the gate, and if they’re promising it to you, it’s not realistic.

We’ve encountered a plethora of these types of sites- and they can offer you just about anything in the world, but when it comes down to it, they’re all just scams. A realistic binary company that is doing PERFECTLY will net you around 150-175%, and you’re bound to lose sometimes. Profit Booster App claims that it’s infallible. Look into our list of reputable binary options signal services to invest in, not a single one will offer you an unrealistic, bogus offer.

  1. Site Has Only Existed for Less than 4 Months, and is Only Expected to Be Around for About a Year

We’ve said it once, and we’ll say it again, sites go up all the time to get information of people just like you, and go down just as quick. The plan is to gather data for their next hit, and they don’t want to be around long enough to get caught in the middle of their scam.

The goal is to create a huge stir with aggressive advertising and search engine tactics to make their information more apparent to those looking for “getting money quick” or “Inexperienced Binary Option Traders”, or even those looking for free services, but in reality, these kinds of programs only exist to take money from people who need it most.

Bottom Line: Phishing schemes rely on the user putting in their info and gaining huge databases to scour information with- and low and behold, they’re looking for emails, names and asking you to connect your accounts and spend around $250 right off the bat- RED FLAG

  1. Never Gives ANY Information About the Program, Just Promises to “Make You Money”

A usual tactic by these types of individuals is to promise you the world through “smoke and mirrors” so that you never actually understand what’s going on. Profit Booster App NEVER once mentions how it works, it just says things like “Change your life forever!” and “Fastest ever, better than you ever could!”

Even more sketchy is how they open their “broadcast” by promising you that they aren’t trying to sell you anything in a “limited time offer” while having a count-down bar directly underneath the video! Don’t believe what people tell you- especially in this business. They’re relying on a wide variety of phishing tactics to get you to buy into something while giving you the illusion that you’re not actually buying anything- but you still have to deposit money, give them all of your information. Sound fishy to you? It definitely does to us.

Bottom Line: If a product works, the sells man will show you, give you a demonstration, or lay out specifically how something works. A scalper or scam artist tries to draw you in with fancy words, confusing advertisements, and shiny offers that draw your attention away from what’s really going on.

  1. Looking Specifically for Inexperienced Traders- Niche Audience to Remain Undetected

There are a huge amount of these sites on the web- and sadly, we’d bet that around 80 percent of them are scams. Here at Valforex, our scam detectors are working around the clock to find all the latest scams and give you all the details, but when it comes down to it, all we can do is caution the inexperienced to read our blogs- and we’ll reiterate what we say there here- there is NO WAY to make ridiculous amounts of money in any industry if you haven’t got an integral understanding of how it all works so that you can make that money for yourself.

Bill Gates and Steve Jobs didn’t start making millions and billions right away, and neither will you- it takes time, practice and understanding. Sure, there are tons of tools out there, and lots of people to help you- but don’t expect to get e-vited to make millions overnight- it’s a SCAM. There are no automated ways to make the kind of money that Profit Booster App suggests- or like we said earlier, we’d all be filthy rich.

Bottom Line: Forex and Binary options are confusing, and trading is equally confusing. Learning the lingo and getting involved takes time and experience, not get quick schemes- and experience makes this abundantly clear. An experienced trader wouldn’t hedge their bets on an untested “bot”. That’s why it’s “free”.

  1. Provides Character Back-Story Referencing Agents to Make You Feel Comfortable, When in Reality they have Nothing to do With the Issue at Hand.

One thing i found especially sketchy is how they referenced reputable companies like Google and Facebook- attempting to tie their reputability with their own product. This is called an “apples to oranges comparison” because:

-They have absolutely no proof tying them to the companies

-It doesn’t matter! Google and Facebook aren’t Forex companies!

Sure, his friends “Bill and George” have this awesome plan. Why would he share it with you? Why would he bring all this information to light, just for you? Because it’s a scam, and he’s trying to gain your trust with bogus information that catches you off guard just long enough for them to reel you in. Luckily we’re here to pull you back out and give you a fighting chance.

Bottom Line: Scalpers, Phishers and Scam Artists will do just about anything to get you drawn in, even referencing reputable companies, success stories, and common, believable names. Nothing is ever as cut and dry as it seems.

Don’t spend your money on services that promise you the world- do your research and figure out all the facts. Valforex is here to give you all the help you need.

We understand that there is a lot of muck and mire that surround the binary trading world, and it’s hard to find the help you need sometimes, because there’s a LOT of it out there. If you’re a beginner, or just wondering how to escape all of the scams and scalping associated with these types of businesses, you may want to use a genuine binary options robot or compare our most trusted binary options signal services to help you in any circumstance. You can find them all here. Stay tuned for more helpful facts and tips from Valforex!

Please be sure to rate profit booster app below. Thanks.

Profit Booster App Review

Some of the cleverest binary scams will actually talk about how many scams there are. Discussing this generally helps to put your mind at rest; you will automatically think that the site you are looking at is safe. The Profit Booster App does exactly this, read on to find out if this makes the Profit Booster App a scam or not.

Profit Booster App – The Basics

The introduction to the Profit Booster App has been designed and delivered by Peter George Allen. It introduces you to Peter, Sam McMillan and an Alfred Kowalski. They warn you regarding the common tricks in the binary game and include the fact that Profit Booster App operates by analyzing trends and then assessing the most likely movement by the majority of people.

The software is free and this is emphasized strongly in the promotional film. They offer returns in the region of 90% and are affiliated with regulated brokers. This all points towards their not being a Profit Booster App scam. However, despite a well presented film they provide no real information on themselves or the company and the claims and testimonial appear to be fake; they are the same as you will find on many other sites. Unfortunately it is the high level of returns that give away the fact the Profit Booster App is a scam. The claim that you can make nearly one thousand five hundred every hour is simply over the top.

Using the Profit Booster App

In the same many as any automated robot, the Profit Booster App generates its own funds via the commission paid to them from a binary broker. You will not need to pay the Profit Booster App any funds. But, you will need to register with them and sign-up with Opteck; their associated broker which is registered. Then you will have to fund your account before trading can commence.

Conclusion: Profit Buster App – Scam or not?

The Profit Booster App makes some excellent promises and has a well presented introductory film. But at the end of the day it is simply an affiliate marketing tool. You may not be scammed out of your funds but you are also unlikely to see the returns that Profit Booster App promise. It would be better to use an alternative option.

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