My Cash Method was released on May 11th 2017, and it is a copy of an old binary options robot that went by the name of Quick Cash Method and Monaco Treasure. This “secret” software is actually a simple “white label” product that is promoted by various companies using fake names and aliases.
Odds are that you are new to binary options investing, and you didn’t realize there are hundreds of these types of scams online.
Warning!
Before you waste your money at “MyCashMethod”, first learn how the scam operates, see here.
My Cash Method Scam
Here are a the ways smart investors can easily find a scam trading system.
- They make big promises about the reliability of the trading software. They wrote: “PLACES ARE LIMITED… CLAIM AT LEAST $1083.72 NOW”
- We tested the software, and it recommended an unlicensed broker called “Markets Trading“.
- They published fake testimonials about people making $52,829 last week.
- The website mycashmethod.co was only created on April 27th 2017.
My Cash Method Review
There is nothing new to write about My Cash Method as it is the same software as so many others we have reviewed, see here. As you can see on the dashboard page of the trading software, it is basically empty. The only thing an investor can control, is the amount of money to lose on each trade, and nothing else! It doesn’t give us any real control of the software like a real trading robot.
A different website is used to login to the trading software at: https://mycashmethod-system.co/dashboard.
Here is what the trading room actually looks like:
Scam Binary Option Brokers
Scam Broker Investigator is a website dedicated to reviewing binary options brokers, with more than 300 binary brokers reviewed already. It is a know fact that 95% of binary option brokers online today are unlicensed and unregulated scams.
First read the article; Why people use licensed brokers, so you understand that trading with an unlicensed broker is not a wise decision. The problem using a trading software like My Cash Method, is that they work with unlicensed brokers, which are the cause of most complaints in the binary options industry. Our rule with trading binary options is to only trade with a regulated broker! Go take a look at the best brokers page.
Australia ASIC Warning
“ASIC urges all investors considering trading in binary options to check they are dealing with an entity that holds an Australian financial services licence.”
Please tell other newbie investors reading the review of My Cash Method, which broker they recommended for you, and how much money you lost, in the comments below.