Aaron Martin was a system analyst and now the Co-Founder of Profit Magnet. Is Profit Magnet worth your time? Read this Profit Magnet review to find out all details.
(1 / 10)
Scam Website: http://profit-magnet.net/ Their website quality is good.
Profit Magnet scam review
Profit Magnet is an Auto Trader software which trades automatically on your behalf. The software works like a robot which knows when and which trades to take bringing a profit. Unfortunately not all auto trading robots perform well. Whats also important that the binary options brokers associated with the broker are trust worthy. Before signing up with any auto trader make sure you checkout the broker which has been assigned to you. We recommend regulated binary broker or atleast a trusted binary options broker so that your account balance is in safe hands. Checkout our best binary option brokers.
How much Profit Magnet system cost?
Profit Magnet may claim to be either free or giving away bonus balances. Soon or later their associated broker account will need to be funded by money which can be $250 or more. That is ok but the problem is that they might be using untrusted brokers. Even if they were to use trusted or regulated brokers, there hasn't been any proof of Profit Magnet software to actually work.
A 5 click profit magnet which promises $1000 earning for traders everyday.
Is Profit Magnet Auto Trading Software a Signal Service?
Profit Magnet is suppose to work like an automated trading software upon which binary options trading are conducted on user's. Auto Trading Softwares work similar to signal service which predicts which trades could be winning on the other hand signal service simple tells you this information without placing the trades i.e you have to place trade yourself.
Should I get started with Profit Magnet?
Profit Magnet has scored low enough on Binary Options Tested's scoring system which has earned it as scam status. There are many scam money making schemes which are based on binary options trading but they actuall either don't work or connected with scam binary options brokers. It is not recommended to use Profit Magnet. Instead we ask you to seek alternative. If you really insist to use Profit Magnet its your choice. Do let us know the results in the comments with your trading experience with Profit Magnet so others can benefit from it.
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Profit Magnet review summary
Profit Magnet may not be what you are looking for. To be honest there are so many fake auto traders and very few which might make you some money.
|Possibility of scam||Medium|
|Starting Balance||250($€£) or major currency|
|Get rich quick scheme||Yes|
Conclusion of Profit Magnet scam review
He is showing his checking account with $1,518,773.85 which he says he don’t really need. Go to best auto traders to see which have much better chance of you making any money.
Verdict: Profit Magnet is a Scam
Profit Magnet is rated
1 on scale of
Scam Website: http://profit-magnet.net/
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK