Green Wood Formula – Scam or Not

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In GreenWood Formula’s promotional video, which you can view here, the creator of the formula ‘Jake’ promises to make any users of the formula hundreds of thousands of dollars within the next few months or he will personally give them $10,000 out of his own pocket. Of course, as he repeatedly emphasizes throughout the video, he has never had to pay out the $10,000 before; such is the power of his awesome formula.

If you are lucky enough to be one of the exclusive group of people he invites to use his formula, you too will be able to live a life of luxury like the kind that he advertises in his video. The GreenWood Formula is free, of course, because Jake just wants to give back to the community since he already has so much. What a great guy!

So is GreenWood Formula the real deal? See our answer below!

Basic information:

Cost: Free
Software: 100% Automated
Max Returns: Up to 88%
Minimum Deposit: $250
Countries: All nations

  • Fake testimonials
  • Not realistic claims at all

BinaryMinery Verdict:

Not Reliable Service

What Is GreenWood Formula Robot?

As anyone with half a brain can deduce, GreenWood Formula is nothing but a generic scam with some outrageous claims. Just one look at their claim of making their users hundreds of thousands of dollars within a few months should be all that you need to know to point this out as a scam. It is impossible to make that amount of money trading binary options unless you yourself are depositing hundreds of thousands of dollars into your trading account. Making that amount with a minimum $250 deposit? You are only kidding yourself. Notice also that there isn’t a single mention of how his system actually works; we figure the scammers make these videos so unrealistic to ensure that only the most gullible people get roped in.

And as for Jake’s claim of giving you $10,000 out of his own pocket? You’ll have a better chance of the Tooth Fairy dropping off $10,000 under your pillow; Jake will never pay you the money because he is a struggling actor who needs to appear in scam videos to pay his bills.

If you watched the video, you might have noticed that ‘Jake’ never mentions the word ‘GreenWood Formula’; this is deliberate because this video has been reused for other scams such as the Cambridge Method. Cambridge Method reuses major sections of the GreenWood Formula video. The actor was also the main character in yet another scam robot: The Profit Maker Method.

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And as for the video testimonials? More actors giving fake testimonials; we recognized one of the actors in the GreenWood formula video as having a cameo in another scam; the Amissio Formula.


How Does It Work?

These scams are all the same: free upfront at no cost to you, all you have to do is fund your trading account with their partner broker and begin using the robot! What most people don’t know is that these scammers make their money via affiliate commissions that get paid from their partner binary options broker when someone funds their trading account through the robot. This is why the scammers don’t bother to go into too much detail about the robot; ultimately its performance is irrelevant as the scammers have already gotten paid before you have even started using the robot.

In our case, we were unable to be redirected to a broker when using the GreenWood Formula website; it appears the scammers have already moved on to their next scheme although we are sure they will reuse the promotional video and its message again.

Final Conclusion: Is GreenWood Formula a Scam?

GreenWood Formula is nothing but a scam that makes some highly fantastical claims. Anyone with basic critical thinking skills can see this for what it is- a lousy scam, and like all scams, the GreenWood Formula should be avoided entirely.

The Greenwood Formula Scam or NOT?

In case you were looking for credible, legitimate unbiased Greenwood Formula review then look no further. In this review we will prove you why Greenwood Formula is nothing more than 100% SCAM Binary Options autotrading software.

You should definitely read this full review to find out everything there is to know about the Greenwood Formula scam software. This is yet another binary options trading software that is presented as the best ever way to make money. The Greenwood Formula fake bot uses a very manipulative presentation video combined with false promises to lure newbie and beginner investors into putting money into this sinking ship. This piece of software claims to be able to make hundreds upon hundreds of thousands of dollars every month, not to mention that the makers claim that the software is free to use. We can assure you that these are all lies. All of the things claimed by the makers of this scam is completely false and you should definitely not invest your money in this unverified system which is not even regulated or legitimate. Read our full review to get all of the information that you need to be informed.

Scam Review

The Greenwood Formula is definitely a scam and is surely fraudulent. In fact there are actually several investigations underway at this very moment due to alleged fraud charges. One of the biggest reasons we say that this binary options trading formula is a scam is because it claims to have made hundreds of thousands of dollars in the past few months, but in reality the website and the company has only been registered for a little over 2 weeks. It’s literally impossible to have made money over a number of months if the company hasn’t existed for that long.

Another clear indication of the fraudulent nature of this software is the fact that the presenter in the presentation video is just named Jake. This Jake has no last name so of course there is no way to verify his identity. Even with some research we couldn’t find any evidence of this Jake character actually existing, and that’s just what he is, a character (a paid character). This man is nothing more than a paid actor. All of the people including the creator of the Greenwood Formula scam named Jake along with the other people testifying on the behalf of this app are fake; they are paid actors. When we did some research we also realized that Jake clearly has nothing to do with this scam binary options autotrader and when we listen to him talk we can see that he has no idea about what he’s actually talking about. It is clear that the people, or should we say the criminals who made this app don’t want to be seen on camera to make it harder for the police to track them down.

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The next red flag that we found is the fact that Jake tells us a few things regarding money. First of all it takes a $250 dollar deposit to get started. Jake claims that with these $250 dollars you can make hundreds of thousands of dollars in just a few months. If you ask any expert advisor, professional trader or financial guru about making money in the binary options world they will quickly tell you that making that much money with $250 is simply impossible and even with the Best Autotrader you will only be able to generate up to 1,000 dollars per day depending on trade volume. Jake even goes so far as to tell us that if we don’t make hundreds of thousands of dollars he will personally give you $10,000 dollars just for having tried his software. This is clearly a bogus lie because no one just gives away ten thousand dollars. This all is nothing more than a lie meant to get people to invest money that they will never see again, AVOID.

Another sign that this is a scam is the free bonus that supposedly comes with signing up. The trick is that the user cannot withdraw any money for quite some time or in reality never at all. If you have been following our Blog then you know that it is never recommended to accept brokers bonuses. Accepting the bonus will lock your account because you will be required to meet broker’s trading volume before making withdrawal. You don’t actually get a bonus with Greenwood Formula because it’s just a trick to get people to sign up and invest their own money. You don’t get a bonus and whatever money you do invest will disappear very quickly. If any of the people who signed up for the Greenwood Formula actually read the fine print regarding the bonus they would quickly realize that it is nothing more than a scam.


This is clearly a scam because the presentation video and the website both don’t explain how the Greenwood scam formula actually works or what the algorithm is. The makers of this lousy and fake software just expect everybody to have blind faith that the program will work. They never even try to explain how the software works or how the formula functions. They never even try to show a fake screenshot of the product in use; talk about being lazy!

If these people are going to try and scam the innocent public then they could at least come up with a decent lie and a faulty explanation, but no, instead they offer nothing at all.

Other Recent Review: ICE 9Technology Scam?

It is clear that this is nothing but a fraudulent attempt to steal people’s money and this can also be seen by the way that the claims they make are very inconsistent. First of all it is simply impossible to make 19,000 dollars in one day of a $250 dollar investment. They then go on to tell us that we can make as much as three thousand dollars on the second day. This is very inconsistent and if we have the opportunity to make 19,000 dollars from 250 dollars then why can we only make three thousand the second day? Something is very fishy here and obviously the makers of the Greenwood Formula scam didn’t even go through the trouble of telling consistent lies.

VERDICT: Greenwood Formula is 100% SCAM

You should never invest money with the Greenwood Formula because it couldn’t be clearer as to how fraudulent this crap really is. The people who made the software are criminals, the people in the presentation video are nothing more than paid actors, and all of the claims they make are downright lies, and not even good or consistent lies! Spare yourself the trouble and instead invest in a real auto-trading program like NEO2 or Copy Buffett Software. Please read our Copy Buffett Software VS NEO2 Comparison review to find out why they are known to be one of the best and accurate autotraders so far in 2020.

We have been using both NEO2 & Copy Buffett Software on daily basis and we are able to generate over 80% ITM win rate performance consistently. We always encourage our subscribers to read as much reviews as possible before registering or signing up with any binary options trading service or brokers.

If you are new to binary options and want to find trusted, verified and fully regulated binary options broker then please visit our Top Trusted Brokers list .

Green Wood Formula Scam Review

Green Wood Formula is a new software offering innovative ways of controlling your Forex investments. But does Green Wood Formula really give you the best trading possibilities or it is just another Forex scam?

There was not enough information to make an informed decision about this system in order to rate them as a scam or a legit one.

We recommend you to OR find a Reliable Robot to trade with form the table below:

Table of Contents

Top Forex Robots

Green Wood Formula – True Scam Review

Keeping high information level about all the Forex trading systems on the market is a challenging task. They just continue to emerge day after day and all of them state to be the best income-generating solution. However, this is not possible.

That is why there are good and bad products in terms of placing trades in the online market. Examining the real performance of each new robot is impossible for the common traders, so here is where the informational articles come to help. In this review, a new pretender for the title “best online trading solution” is going to be inspected – the Green Wood Formula, created by a man, only presented as Jake.


First Look at Green Wood Formula

This Forex trading software is presented by a person named Jake. During the promo clip he seems to read a script from a teleprompter, saying how much money he has already made by using his auto-trading solution. This person is promising people, that his trading platform is going to accumulate for them more than $100,000 in a period of just 30 days. Otherwise, Mr. Jake promises that he is going to pay traders $10000 out of his own pocket.

Is Green Wood Formula a Scam or Legit?

We are not saying categorically that this auto-trading Forex robot is a scam, but based on our investigation, we do not recommend it to traders. There is users’ negative feedback available in the Internet space, supporting the claim that Green Wood Formula is not properly working and fails to bring the promised return of traders’ investment. To continue with, the presenting video is repetitious by nature and constantly keeps emphasizing on the same key points in a very aggressive and irritating manner.

So, despite the respectable look and easy-going mannerisms of the creator of the program, at the end of the day he is providing just insufficient information based on a very clear agenda designed to make random online traders fund trading accounts with unknown, unregulated Forex brokers. Unfortunately, it seems that what people can see here is just a replica of other fraudulent systems and their promises for high profitability and great returns.

How Does Green Wood Formula Work?

There is no substantial information about how does the robot actually work and how it manages to place high rate profitable trades. In the promo video there are only promises and claims being stated but nothing in specifics. Viewers fail to understand more about the system’s working process and remain uninformed. The only thing they receive as information is that the Green Wood Formula is automated Forex software.

Each trader will need at least $250 initial deposit in order to get started with a broker account. If any user already has an existing one it will not work, so people shouldn’t just put away their credit card.

If any user wants to try dealing with this automated robot, he should follow these steps:

Create an Account – traders should fill in a form with personal information about names and valid email address.

Trade – users may start trading by using the autopilot or the manual trading mode.

Withdrawal – a request for withdrawal should be sent to the assigned broker. Then, traders should gain access to their generated profits.

Final Verdict

Based on what we have shared as an investigation result, we are going to advice people to find another Forex trading platform. It should be legit, reliable and supported by positive testimonials, feedback and winning examples of satisfied traders. Green Wood Formula definitely seems to be missing solid proof that states for properly working income-generating solution.


Our investigation team conducted a comprehensive investigation on Green Wood Formula to find out if this product is genuine. As a result we cannot say that there was enough evidence indicating if Green Wood Formula is generating high profits. We found many reasons that made us suspicious about this robot being a scam.

In order to protect traders from bad trading experience and financial loses we recommend you to

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