Over the past months, we have seen many money-making systems come and go. But one thing that keeps on coming back for more is the Binary Trading systems. Over the past couple of years, we have seen literally hundreds of software applications and systems, connected with binary options trading and making easy money on the internet.
Most of them will say that they have found the solution to the perfect trading system. Many of them use the same re-hashed stories to get you involved. Well, today a new trading system came knocking at my door called The London Trading Secret. Naturally, I needed to investigate!
Welcome To My Review Of The London Trading Secret
If you are new to my website, then welcome to The Make Money Online Zone! It is our aim on this site to give you the best advice possible when dealing with websites that claim to be able to make money on the internet. We only promote the most legitimate methods of earning money on the net. We also make it our job to warn you about online scams!
If you have found your way to this page as a result of being sent an email or some kind of promotion, then you did the right thing by doing your research first. It would seem that the London Trading Secret is currently being spread around the internet via email and social networking. Perhaps you have received an email that looks something like this?
Not A Great Start!
Now I don’t know about you, but I would certainly know if I was owed over $4000! So right from the very beginning, we are not off to a good start with this system. This email is clearly out to deceive as many people as possible into clicking the link. But unfortunately things are about to get much worse…
The London Trading Secret Website
On entering the London Trading Secret Website I was immediately shocked to see how far these people had gone to convince people to sign up to this system. As with the many trading systems that we have seen over the past months, the makers of these websites will try to play on every one of your emotions.
However, this is the first time I have ever seen the use of poor children in these videos. It wasn’t long before I found all the common traits of another classic binary trading scam.
If you have any interest in giving one of these trading systems a try, then think again. The London Trading Secret is simply designed to simply take your money. Although the sales video will tell you that the system is free, this is just a complete lie.
No hidden costs! Don’t make me laugh!
The sales video tells us that we are getting completely free access. Access to a system that is so exclusive that normally people would pay $50,000 to get the use of!
Why are we talking in dollars now anyway? I thought the website said it was a Britain made system? Hmm… Anyway after listening to more utter drivel, we get to the part where we enter our details in order to progress. You wouldn’t think they would need that after selecting only a handful of people for this amazing opportunity!
The London Trading Secret Scam
The London Trading Secret scam requires you to enter your age group if you are male or female if you are a house owner and they also want to know if you own a credit card. Whilst all binary trading companies would need to verify that you are over 18, the rest of the information is just part of the scam.
You will notice that on this page we are also told that we will need to deposit £250. So much for no hidden fees!
How The London Trading Secret Scam Works
If you are unfortunate enough to have entered your details before reading this review, then here’s what you can expect to happen. You will receive a call from what is known as a binary trading broker. These companies range from being quite good to absolute con artists. But all trading companies have one thing in common. Regardless of what they tell you, they are out to make as much money from you as possible.
You will be given access to a trading system where you need to part with £250 in order to activate it. Although The London Trading Secret claim that you will make a lot of money with this system, the truth is very different. In fact, you will probably have lost your money by the end of the day. The system is supposed to “trade” on your behalf, making you money. Unfortunately, the reality is very different!
Once your money has all gone, the creators of The London Trading Secret will take a nice commission from the binary broker. They will then tell you that something went wrong and will then attempt to get you to re-invest! Believe me when I tell you that these guys will let you continue until you are broke.
Think its over? Heck no!
The aim of this scam is to make as much money as possible for its creators. They have no interest in you making money in the slightest. So it will come as no surprise when I tell you that the information that was requested from you, will also be sold to other marketing companies. Your phone number, email address, if you own a credit card, have your own house, everything! All very valuable information if you know what to do with it!
Oh and don’t be surprised if you get more phone calls from other binary trading companies! They will all claim to be able to make you a fortune and these people know how to drive a hard sales pitch. My advice is to stay well clear of anything to do with binary trading unless you are very experienced!
Want a genuine and ethical way to make money online?
Please leave us your thoughts and comments!
Have you had any experience with the London Trading Secret scam? Have you received an email saying that you had money waiting to be withdrawn? If so, we would love to hear from you! Please leave any questions, comments or thoughts in the section below and I will respond personally to each and every one. Thanks for reading my London Trading Secret review, I hope to see you here again real soon!
Gomer Magtibay says
I feel you Andrew, I’ve been a victim in similar programs in the past. What’s nasty about these scams, especially this London Trading Secret, is they cost high and the price people pay for the experience is quite high! People are looking to make money not loose it.
With this review of yours, hopefully people will be warned not to waste their money. Otherwise lots of people are going to learn a nasty lesson from these scammers. I salute you for risking some money just to uncover scams like this.
Hi there! Thank you for posting your thoughts. I’m sorry to hear that you have been the victim of something like this. There are tons of very similar scams on the internet right now and the numbers just get bigger all the time. And yes, there are lots of people out there that are looking to make money online and I know its really hard to know who is telling the truth. But a lot of people are also looking for the easy way out and unfortunately it simply doesn’t exist. If you really want to make money then it takes a bit of work to make it happen.
Nothing ever works as these scam artists would have you believe. The London Trading Secret is just another system that is designed to take money off innocent people over and over again. It sells the dream and that’s all!
Thanks for contacting me Gomer! Have a great day.
I found your review very useful and it certainly educated me enough to keep away from all scams like the London Trading Secret. I found the information very practical in judging the methods used by the scammers to entice inexperienced people into shelling out hundreds of $$$.
The Free Training page was the clincher for me as you’ve done a great job of giving the details of Wealthy Affiliate which you are promoting as a method to earn an income without being scammed. I would trust someone who informs me upfront that it requires me to put in the effort required to learn how to before I make the money.
Hi, good to hear that you have found this review useful. My advice would be not only to avoid scams like the London Trading Secret but to generally avoid binary trading. In fact avoid anything that says that it will make you money on complete auto-pilot, it really doesn’t exist!
If you are interested in joining WA then you can do through the training page as mentioned and I will assist you all the way. You can join without spending a penny and you can chat directly with me and ask anything you like. Just go to my make money online page and sign up for the free training. As for effort, yes you certainly need to put in some work to make things happen online. There is no such thing as automated, get rich quick systems, they simply don’t work! But I can show you the quickest way to success through a little bit of work and learning.
See you inside!
I have heard about binary trading in the past, and it always seemed like a very risky thing to do. Yes, I’m sure some people do make a lot of money from it, but I am also sure that a lot of people lose money too.
As for London Trading Secret, what you describe is absolutely awful. So they take your money and pretend to invest it for you, but then tell you something went wrong so you should invest more money to try to make a profit. But the whole time they are just pocketing the money? Then after all that, they sell your details onto other companies? That’s awful! It’s so awful that I think they should be held accountable. They should be prosecuted.
Hi there Marcus! Yes they should 100% be closed down and held accountable. These systems work by getting people to invest in binary options by using a software application usually. The software “trades” for the user and tries to guess the outcome of the trade. In the case of the London Trading Secret, they say that they have a 100% accuracy! This of course is total rubbish. Even the top experts don’t get it right all the time. The software will get it wrong and the user will lose their money. This doesn’t matter to the creators of the scam because they are affiliated with the binary options broker who will pay them a commission just for getting someone to sign up and deposit money into the system. It really stinks!
Thank you this is very detailed. And a non bias review too. It is easy to fall into traps of binary traders because of the limited information and the risky nature of trading. Once again thank you for exposing this scam.
Please do you know any legit trading platform you can recommend that will have my interest at heart?
Hello, thanks for posting your comments and question. You are quite right, people fall into the trap of binary trading because there are a lot of people that promote it and it seems like an easy solution to making a lot of money. Unfortunately, this is not the case at all. Binary options trading is pretty much like gambling in the disguise of investing.
I would love to be able to recommend a trading platform to you, but to be quite honest I cant! I have spoken with people that trade for a full time living and I know how hard it is. The guys at the top make a lot of money because they are extremely well educated and know trading inside out. The same people still manage to lose absolute fortunes sometimes. My advice would be to completely avoid anything that calls itself a trading system, app or software. Automated trading does not exist in my experience, only scams!
If you really want to try binary options trading, then look for training courses and books on the subject. The guys that do well with this live and breath it. They study the markets and know which way they are likely to go. However, binary trading is still and extremely risky game. I would prefer to work with something that has a lot more certainty!
Hope that helps,