If you’re wondering that using Lazy Millionaire you will quickly earn between $10,00 and $12,500 in just one day just like mentioned in the demonstration video; then you’re wondering wrong. Lazy Millionaire is a SCAM, and you need to stay away from it.
We have personally checked the complete pitch video and analyzed each and everything Charles Knowles shared about his trading software. And on the basis of our observation we made a conclusion that it is just another scam and the things mentioned in the video are big lies.
One of our reader wants to know everything about this trading software including our opinion whether it is a SCAM or Legit. And on his request, we decided to cover a Lazy Millionaire review in which we have completely exposed it with the proofs we managed to get in our in-depth examination.
So without any further delay, why don’t you start reading the review of Lazy Millionaire.
What is Lazy Millionaire? (Claims made by Lazy Millionaire)
It is a new auto trading software based on the secret trick using which you can easily make around $10000 in just one day. It is developed and owned by alleged Charles Knowles. He creates the software in such a way that users who are new to the trading industry can easily get trapped. The good thing about this software is that if this trading software failed in making as promised, the owner will refund all your money and give you additional $1000 for wasting your time.
There is not much information available about the tricks on which this trading software is based, but it is mentioned on the website that it provide you winning rate of 161% and only place the trade if the system knows that it will be a sure win. Also, it is mentioned in the video that they have only 50 spots out of which five spots are already filled, and 45 are left.
So this is all we found this trading software after watching the presentation video and information provided on the website. But the truth is that all these promises are fake, and the proofs which you’re going to read in upcoming lines will prove our this statement.
Why Lazy Millionaire Software is Scam?
Charles Knowles is Anonymous and Fake
Charles Knowles is founder and CEO of Lazy Millionaire, and this is the only information we manage to get about him. We have no doubt that this is a fake name, and there are lots of reasons for calling that.
- There is no picture of Charles Knowles features on the website.
- In the demonstration video, he didn’t appear for single seconds.
- When we search for him on Google Search, we found no users with this name.
- His identity is hidden.
Trick of Lazy Millionaire Software is not Explained
In the all the binary options software, every owner explains how their trading software works and how it will help members in making much profit. Even the fake trading software tells that thing, but in the case of Lazy Millionaire, there is no explanation and information about the working of trick.
In the video, the anonymous voice of Charles Knowles was mentioning that you’re just a few steps away from the secrets but didn’t mention how it works.
So this confirms that they just want users to sign up for the system, and there is no secret trick.
45 Spots Available is Rush Sale Tactics
In the presentation video it is mentioned so many time that you only have 10 minutes to claim your spots and if the timer close, you will lose your spot and it will not available for you. Now this is a fake and misleading statement, and this spots strategy is part of rush sales tactics. We have confirmed this thing by visiting the website again after clearing the browser cache, and we noticed that timer start counting again.
So all this means that they’re using this counter just for creating pressure in the mind of users so that they quickly create an account for this fake trading software.
$10000 a Day is Not Possible in Binary Options
In the presentation video, it is mentioned that you can easily make $10000-$12000 in just one day, and if the software fails to provide you this much profit, the owner will return your money with additional $1000.
Now both the promises are fake. First, in binary options you can’t make this much amount in just one day. Especially when you’re starting with initial deposit of $250 into the trading account.
Secondly, we have proved that lazy millionaire software is a SCAM. Do you still think that they will return your money back? Off course not. They’re giving you this much assurance just to win your trust.
100% Guarantee of Profit
On the website, it is mentioned that this software will help you in making the money which is promised by Charles Knowles. Now this is another fraudulent statement if you check the disclosure statement which is available at the bottom of the website, it is clearly mentioned that
Investing in financial instruments involves a high degree of risk and may not be suitable for all investors. We strongly advise that you read.
After reading this, do you think that Lazy Millionaire will help you in making this much profit? Off course not.
What is the Truth of Lazy Millionaire?
The aim behind setting up this whole system is to earn the commission using the money of the innocent traders which associated broker provide whenever, any new users add money to the account of broker for doing trading. And this is the reason why the voice in the presentation video mentioned so many time to signup.
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We’re against the Lazy Millionaire trading software, and we’re not recommending this to anyone. Now it is upto you whether you want to invest in this binary options software or not. Head over to our recommended signals to find trusted binary options trading softwares.