Is Cash Formula App a scam? Yes it is. The scam signals that the trader raises unquestionably prove that this software is nothing but a bogus program that doesn’t actually work. This Cash Formula scam review serves to expose all the loopholes that the software and owner don’t try too hard to hide and also bring out proofs that will certainly show just how much of a scam this trader is. But to first set the record straight, the binary options trading robot cannot be trusted by anyone.
The Cash Formula Scam – The Real Review Picture !!
It is essential that one understands the concept of binary options trading before one gets to fully apprehend what the Cash Formula software is all about. Binary options trading is an online platform that enables one to invest in them and promise the investors huge amounts of profit in return. Some of the traders are automatic, others are manual while others are a hybrid of both systems.
The Cash Formula software have different unique ways of making their own profits and this is what makes them unique. The binary options industry is dynamic and liquid with ideas coming in and out at high rates. It is also a good and fast way that many use to earn quick cash.
The Cash Formula App is a binary options trader that was recently introduced in to the market and its alleged CEO goes by the name Tim Stafford. The first thing that hits you when you visit the program’s official website is the promotion video that Tim has made to try and explain to potential members how the software works.
In the Cash Formula video and reviews he explains that the software was created by a bunch of hackers who hacked into the government details to create it. The software has allegedly been around for long and has been in use by the top 1% richest people in the world. He then states that the program was handed to him by a friend whom he refers to as his mentor. He is currently letting a limited number of people sign up freely for the program.
The Cash Formula software, he says, is capable of making one up to 20,000 dollars in just a day. The profits are compounded as one keeps using this robot. All one needs to do is deposit an initial amount of $250.
Why Cash Formula App Is Scam ; Valid Points !!
Scam Website : Avoid http://cashformula.com
The amount mentioned is unbelievable and doesn’t seem to add up. With a winning ratio that is not so high, it is impossible for one to be able to make such an amount of profit in just a single day. Even the best binary options robots haven’t been able to make such amounts of profit for investors in just a single day. The best profit figure dance around the $2000 mark. Making $20,000 in 24 hours sounds impossible and yes it is impossible.
Tim mentions that the Cash Formula Application has been in existence and has been used by the top 1% richest people. The program was given to him by a mentor he doesn’t name. He then refers to the project as CF files, but doesn’t do much to describe the files or at least show that they exist. This is because it was formed by a group of hackers. There are a lot of controversies that the above details bring out.
First, the co-founder of Cash Formula system is totally ambiguous about the details he is giving. He never mentions the exact name of the mentor that handed him this program. He should have also, in one of his testimonial videos and reviews, brought on a rich and popular person to confirm to us that what he is saying is true. The other fact that the software was made by hackers who infiltrated the government’s database is another reason not to trust Tim’s program.
The Cash Formula robot supposedly works by trying to find the markets that make profits and utilize them leaving behind those that seem to perform poorly. It does all this by using its superior algorithm. With this, one would expect the winning ratio to be higher than the said value. A 76% winning ratio is not convincing enough if the software actually works the way Stafford says it does. This means that the actual wining ratio value hasn’t been calculated but and evaluated but has just been put there.
Tim mentions that the Cash Formula software needs to be downloaded and installed on one’s computer and that this is what he did to his student’s laptops. What he is offering to us is however different as the software that those who register are supposed to use it hosted on the cloud. No downloads and installations are needed.
He clarifies that he will mail you his contacts after one signs up and they have entered all their details. Those who have signed up for the software can bear me witness that this is a lie. In fact instead of receiving his contact details which you should use to get in touch with him in case you have any pressing issue, it is a broker that calls you.
Why would he suddenly decide to give out his Cash Formula software for free if it is able to make a lot of money? Why would he limit the number of people allowed to sign up for free? All this certainly does not add up. The co-founder only mentions that the free spaces are limited so that gullible people could rush in to signing up for the program without giving it any second thoughts.
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Conclusion : The Cash Formula App is 100 % Scam !!
The Cash Formula App is confirmed scam.Most binary options investors have managed to make huge chunks of money through auto traders. All they did was be careful enough to distinguish between scam software from legit applications and use them prudently. The fact that the binary options robot is new in the market makes the matter only worse as it has not been completely tested. It will only be wise if you therefore try other binary options auto trader whose legitimacy has been confirmed.
Evidently, Tim Stafford and everything associated with him including his fake reviews and testimonials, the details about how the Cash Formula program are all nothing but lies. They are therefore not to be trusted or used by either novice or professional traders. This is not to imply that binary options trading is not a good path to go down.