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Managed Account Service: Mambo Investments
Today I will be providing a full review on a new managed account service, Mambo Investments. This service promises hundred and 60 monthly trades with a 77% in the money ratio and a monthly return on investment of 140%. These are some pretty aggressive numbers, so it’s important that I really take a close look at what they are offering and come to a conclusion on whether or not they will be able to realistically achieve the expectations.
The Mambo offices are located at Rue Arsene Houssaye, 75008, Paris. In order to get in touch with the support staff, traders can fill out a contact form on the website or email [email protected] Be very careful with binary options account managers . Just because they say that they are expert traders, doesn’t mean that they are any better than you are.
Mambo Investments Review
The website indicates that the Mambo Investments service is run by 3 major players, and a collection of Junior traders. The CEO Paulo Santos, the COO Nick Roadh and the main trader Mitch Skolnik are the driving forces of this service. They have help from the junior traders, “Demi Alvarez, Sophia Pelagia, Amelie Beliveau, Ana Gomes, Carlos Santos, Brian Chadwick, Samuel Beliveau, Tracy jones, and Ester Manu.” In doing a Google search for Paulo, there is some information on him, including a Facebook account but neither him nor the rest of this list have much of a reputation in the binary options market at this point. That being said, it doesn’t mean that they are bad account managers.
The Mambo Investments account managers believe that they are truly ahead of the market because of their work with fundamental and technical analysis using custom-made indicators. I don’t want to interrupt the flow the review, but there are quite a few spelling mistakes on the sales page which calls into question their professionalism. I’m reading through this website for the first time, and I’m picking up on errors left right and center. You would hope that a professional developer would read through their own sales page multiple times before launching their product.
Back to what I was saying though, the traders at Mambo claim to be professionals that utilize strategies that work today.
Trading Results
The trading results section of the website shows us hundreds of images going all the way back to June 2020. I certainly appreciate the fact that the Mambo Investments service provides this update with their results but the way the results are provided, and the fact that days, even, months are missing is an issue. Instead of providing us with one long statement showing us every single trade provided, it seems like the results are being cherry picked. The way they cut and paste these images, it is definitely possible that the losing days and months aren’t being reported.
Testimonials
The testimonials on the website are using stock images, so we don’t know if the Mambo Investments testimonials are real or fabricated. One of the testimonials is from Magda Smith who claims she “tried almost all Binary Options Managed Account services out there and this one is by far is the best one, I started 1 year ago with 500$, nowadays i made well over 15k monthly without doing a single trade.” Starting with $500 and now making $15,000 a month is an unrealistic claim to say the least.
Conclusion
With the bad history of poorly performing managed account services in the binary options market, it’s very difficult to to promote any of them. The Mambo Investments website attempts to put together a compelling case, but they fall short on quite a few different aspects. They need to find a better way to provide results, deal with testimonials and proofread their entire website that is full of spelling mistakes and errors. At this point in time, I will be giving this managed account service a 3 star out of 5. I don’t want to totally condemn their services before I try them because there is nothing that suggests that this is an outright scam.
Thank you for reading my review, please spend more time here on binary today getting to know myself and the rest of this wonderful binary options community.
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Mambo Investments is Scam! Critical Review
You are reading this Mambo Investments review because you are interested in using this software. We will provide you a full review on the latest managed account service. This software promises 160 monthly trades with a 77% in the money ratio and 140% monthly ROI. These numbers are quite impressive, so it is important that you check out carefully what they are offering and decide on whether or not they can actually provide their claims.
It was indicated in their mamboinvestments.com website their office is located at Rue Arsene Houssaye, 75008, Paris. We haven’t confirmed yet whether the address is real or not. Be very cautious with this trading system. It is not enough to say these people are expert traders. They need to provide proof and evidences.
The mamboinvestments.com website claims that they are being managed by 3 major players and some novice traders. The team includes Paulo Santos the CEO, Nick Roadh as the COO and Mitch Skolnik as the main trader. We want to make sure these individuals do exist, so we do some research and found some information about Paulo. In doing a Google search for Paulo, we have found some information on him, including a Facebook account but neither him nor the rest of this list have much of a reputation in the binary options market at this point. That being said, it doesn’t mean that these individuals are bad account managers.
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The account managers think that the company is ahead because of their work with technical and fundamental analysis with the use of custom-made indicators. However, if you look very carefully on their sales page you will notice some spelling errors which is not a sign of professionalism. We are making this Mambo Investments review because we feel that there is really something wrong with this app. To continue with our review, upon reading their sales page we notice a lot of errors not just in spelling but also on the grammar and some information which we think are not appropriate. Which makes us wonder if this was developed by experts and professionals how come they allow to launch their website without proofreading it.
As we continue with our Mambo Investments review, we also notice that there is some misleading information which are questionable. Maybe they have overlooked it but we doubt it since it’s part of the most important segment of mamboinvestments.com. Some details were also taken from other scams software. We know since we have reviewed almost all of the scam application online.
Mambo Investments is Scam – Three Evidences
Mambo Investments system is supposedly the best when it comes to binary options. According to them the company is being managed by a group of professional traders that provides winning binary options signals that you can follow and help you win trades. You can use the app both auto or manually by just following the signals it all depends on you. One of their claims is that the app is 100% free of charge and you supposed to have a free trial. It sounds impressive and enticing but is it real or just like other scam software out there who are making false promises.
Official Website | Mamboinvestments.com
On the succeeding paragraphs of this review, we will reveal the proofs that Mambo Investments is scam and traders should not trust them at all. Let’s find out.
First Evidence – Fake Trading Results
We appreciate the fact that they have provided a page where it shows the trading results from the day the company starts. However, it looks that the results are not real. As we check on the dates, it looks like they have only chosen the days where the app is getting good results. They are not showing the trading results for consecutive days. The way they presented the results is not accurate and the losing days and months are not being reported.
Second Evidence – Fake Testimonials
If you explore Mambo Investments testimonial page you will this statement “Don’t just take it from us, let our clients do the talking!” We almost fall from this but upon checking the personalities that supposed to be their users are all fabricated. They are using stock photos with fake names and claims. Magda Smith CMO, is actually Fiona Bruce and you can check her in Google. You will find an article in BBC News about her but the scammers behind this app still used her as Magda Smith. Definitely, this system is a scam.
Third Evidence – Unregulated Brokers
Another alarming aspect of this application is that they will force you to open an account with unregulated broker. Of course, you should not do that, not only it is illegal in some countries, but also your money would not be secured. If you do follow them and deposited your money, then consider it lost for you will not be able to get it back. Keep in mind, you should only work with regulated brokers not just in binary options but in any trading.
Mambo Investments Review Conclusion
This thorough review proves that Mambo Investments is scam, this application is just like any other scam managed account services. There is nothing special about it since it applies the same scheme like other fraud software does. Although they have made some effort in presenting the system as clear as possible it is still not good enough to fool the traders. The indications of being a scam are obvious, thus we advise people not to trust them at all.
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