Midas Method – Scam or Not

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Is Midas Method a Scam?

Midas Method promises very high and quick results to investors. But does this trading app work or is Midas Method a Scam?

We have made a short review of Midas Method and found out that they do not rate highly. As an alternative we have selected our Top Trading Apps along with detailed reviews for safe and secure trading.

Since we haven’t gathered enough information yet, we cannot confirm that Midas Method is safe. You can OR Choose one of the Is-Scam approved and safe trading applications:

What is Midas Method?

From the moment Midas Method has been launched, it has grabbed the attention of many traders. One of the main reasons is the big claims and promises the creator is making. This stock trading software is allowing new investors to sign up and once they are in, they can easily improve their lifestyle within just a couple of months. The software can generate you result every single day because the creator has been able to crack a code which has given him the secret to success in the financial trading world.

But are these stories to be believed? To uncover the truth, consider reading this entire review.

Is Midas Method a Scam?

When it comes to the financial industry, there is no system available that is 100% accurate or capable of assisting you at the execution of only winning trades. The creators of the system don’t seem to realize that the high volatility of the financial markets mean that changes can occur at anytime and whether it is humans or a software system, it is not possible for anyone to make the correct predictions all the time. In our opinion, the claims and promises surrounding the Midas Method system are hyped up.

We are still waiting for reliable feedback and reviews from trusted traders. While we cannot claim that the software is a scam due to inadequate information, we also cannot approve them as safe.

How Much Does Midas Method Cost?

There is no better way to attract more traders than to offer the system for free. Yes, you have guessed it right. Just like other trading tools on the market, you can get this one for free as well. But is there is any catch? Of course, you have to sign up with a broker they choose for you. We are in doubt about the reliability of the broker they recommend so is it worth signing up for a free software and getting stuck with an unreliable broker? This is something you need to ask yourself before you opt for the Midas Method. If the broker is not reputable or licensed, you may end up losing your entire investment.

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How Does Midas Method Work?

The trader performs trading related tasks on your behalf. Depending on what you want to invest on and how much you want to invest, it will decide when the right time to place trades are. The software uses algorithms which makes it possible for it to make predictions quickly and send alerts to the trading platform. There is no doubt that the stock trading application is capable of generating a high volume of signals, but nothing can be said about how many of them are accurate and reliable.

How To Get Started? Steps

Free Sign Up – you must complete the registration process to get started with the software.

Trade and Profit – to trade using the software, you must first add funds to your account.

Withdrawal – when you are satisfied with the results based on your investments, you can request a withdrawal from your broker.

Special Features

When a system claims to be very accurate, we expect it to have some advanced or unique features. But the Midas Method has nothing special about it that we can mention in our review. It is quite disappointing to see that a software is making such huge claims, but it doesn’t have any features that can prove the claims to be true. A highly accurate application is not one that is easy to use or offers manual and assistance trading. It offers much more than that and in our opinion, the Midas Method has failed to deliver on its promise.

a Complete Guide for Binary Options Trading

Many people participated in trading with binary options, and all of them are aware that this is a risky business which is also able to bring great fortune. In order to prevent any possible human interferences, there are software programs which are developed by programmers from all over the world. These software products should make it easier for everyone and also with minimum risk. However, all these things seem great in theory, in practice, on the other hand, it is pretty much different. Software becomes manipulated once they are created.

One of those software products for binary options trading is the Midas Method. This software with the symbolic name should help you turn to gold everything you touch. It, apparently, provides their clients with the signals and alerts for the binary options trading. For many this is an excellent way to earn money, and it is the only necessary fact they need to know. As a result, they neglect all other risks that are lurking on the market, and, usually, they end up disappointed.

Basic information:

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

  • Automated software
  • Great analytical tools
  • Non-existent CEO of the company
  • Welcome bonus which traps you into the system
  • False claims and promises

BinaryMinery Verdict:

Not Reliable Service

What Is Midas Method?

The Midas Method software is a fully automated service owned by Ryan Anderson. This name, however, does not provide any suitable information on the owner. If you have received an invitation email which promises a chance to earn at least $1350 a day, every day, you must be careful and explore further before you decide to take any financial decision. However, if these companies offer you welcome bonus, like the one from the Midas Method software, which is matching your initial deposit, you will not be able to withdraw until you complete at least ten times turnovers of your initial deposit. However, this is not likely to happen, and you will be losing your investment in the blink of an eye.

When we observe the software, we can note several things that cause suspicion. First, this service is not a genuine one – it is created only to steal your money. Second, Ryan Anderson is not real, and even if he is real, you should know that he is not going to pay you $250 out of his pocket as it is a gift. Besides, the option to earn thousands of dollars in a just couple of hours seems unrealistic enough.

Screenshot

How Does It Work?

The Midas Method is developed in such way to explore the market and makes trading decisions for you. It means that the software is entirely automated, and offers you the chance to trade successfully, even if you do not have any prior trading experience.

Allegedly, this tool analyzes over six years of data in a split second, which is admirable. Further, it predicts the market with the success rate of over 83 percent. It sounds fishy. There is no such software which can predict the accurate results, and give you an opportunity to make a profit with data obtained. It is said that the creator of the software was using this method to make almost $2 million in profits for himself. It is a quite humorous example.

The scammers behind the Midas Method system will offer you free of charge registration and a small 5% reward from the broker on all the profits you make. Besides, as it was already mentioned, they will offer you $250 once you register and deposit with the Midas Method scam you will be locked in with the broker.

Final Conclusion: Is Midas Method a Scam?

If you are new to binary options trading, you should inform yourself better on all the possibilities and risks this market offers. You should know that falling for these scams is your responsibility because you were not exploring and educating yourself on this topic.

Without any doubt, we can say that Midas Method is part of a scam and that you should discard any possibility ever to work with them.

7 Binary Options

Marcio

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The Midas Method is one of the latest binary options automated trading software that claims to be able to make its members $1,350 per day. Is this possible? Check our full review below!

The Midas Method app is supposedly created by Ryan Anderson that came up with automated trading software that can generate $1,350 daily by trading binary options. He claims that the Midas Method made over 2 million in pure profits for its users in one week alone. He even shows us his two trading accounts, each with over $300k, and claims that these amounts were generated using $250 minimum deposit amounts after a period of several months. And of course, he is giving away his system for free, but only to a select group of 20 users. That’s just the kind of guy he is, and he even offers an additional $250 on top of your $250 minimum deposit with their partner broker.

So is Midas Method the real deal or a real scam?

Basic information:

Cost: Free
Software: 100% Automated
Max Returns: Up to 90%
Minimum Deposit: $200
Countries: All nations

  • Cons
  • Fake claims and testimonials
  • No real information at all provided

7BO Verdict:

Not Reliable Service

What is Midas Method Robot?

To the surprise of absolutely no one, the Midas Method is just another scam and a lazy one at that. We usually see 3 different type of scam videos, the first and most expensive are lengthy video productions shot using hired local actors, complete with rented office spaces, mansions, and cars. The majority of these videos are also shot in Portland, Oregon for some reason. The second type of scam video is using a combination of cheap Fiverr actors with some rented locations and fake video testimonials; this is probably the most common video we see. The third and the cheapest option, is to shoot a video with no actors at all, just a cheap voiceover actor, some stolen or stock images, and text on a screen.

Guess which category the Midas Method falls into? That’s right, it falls into the third category: cheap and lazily produced scam videos. Ryan Anderson does not appear in the video at all and is just a generic name that the scammers came up with.

Of course, not having any paid actors in the video means that we can’t definitively point out the fact that they are using paid actors by conclusively identifying them. However, it also means that their final product looks like something created in the 1990s by a middle schooler and is thus totally and wholly unconvincing. While most scam videos are extremely unrealistic and unconvincing anyways, this is doubly so when all they have is some lame text on the screen with a flat voiceover trying to convince you.

How Does It Work?

All these binary options scam robots are the same, they are just unethical affiliate marketing practices. If you ever wondered why they are always offered for free, the reason is because the scammers don’t make money directly from you. You see, these scammers are affiliates of one or a few binary options brokers and they get paid when someone funds their trading account with said broker using their affiliate link, which in these cases are the robots themselves. In this manner, while you are not directly paying the scammers, the money that these scammers make indirectly come from you anyways as they get a percentage of whatever amount you deposit with their broker, which is typically unregulated.

And what about the robot itself? Well, the robot is typically just a generic whitelabel automated trading software that they reuse across multiple scams. And when customers discover it doesn’t perform as promised, it is already too late as the scammers have already made their cut and further as the robot was free in the first place, there is no recourse available.

And as for the $250 on top of your minimum $250 deposit, that is just one of those 100% welcome bonuses which usually come with a clause that restricts you from withdrawing both your initial deposit and the bonus until some minimum trading volume, usually expressed as a multiplier of your total account funds, is met. This is a standard practice in the binary options broking industry, particularly amongst unregulated ones, and is a practice we definitely do not agree with.

As for the broker selection, we were unable to be redirected to any broker when using the Midas Method website; it appears that the scammers have already abandoned this scam for another one with a more golden touch.

Conclusion

The Midas Method is just another generic and cheaply produced binary options scam robot. You will not make any money using this method and rest assured that ‘Ryan Anderson’ is no king but just a slimy scammer. Give this robot a definite miss.

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