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Zoey_JD, Criminal attorney
Category: Fraud Examiner
Satisfied Customers: 23578
Experience:  Active member of the NYS bar since 1989
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Is ***** *****s cash code legit or scam

Customer Question

is ***** *****s cash code legit or scam
Submitted: 1 year ago.
Category: Fraud Examiner
Customer: replied 1 year ago.
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Expert:  Zoey_JD replied 1 year ago.
Hello, We've been asked about this program before. Cash Code that offers predictive software for binary option trading. There have been many similar types of companies hyping many similar types of products, all with very similar names. None of these really work. That's because the software determines the brokers you trade with, because that's how Cash Code gets its money. Cash Code gets its money whether you win or lose. Meanwhile, trading is inevitably with unregulated binary option brokers. Most binary option brokers are unregulated. A high percentage of these are outright scams. We get many, many complaints about unregulated binary brokers who make unauthorized trades from your funds and lose them all for you or who won't let you withdraw your alleged winnings. If a binary broker is unregulated, anything goes as they normally operate somewhere off shore where they cannot be found and are outside of the reach of your law and financial regulatory agencies if/when anything goes wrong, which it very often does. As to the software itself, we have also had many complaints about this one and similar software. There is no such thing as a foolproof system that will make you a great deal of money on the binary options market. If such a program really existed, the person behind the binary code program wouldn't need to sell it. He'd have all the money that he could ever possibly need and there would be no reason to sell or give away his secret. In fact, there is every reason for him to keep it to himself. There is no magical formula to become a rich person. . While not necessarily an outright scam, binary code programs are just another get-rich scheme on the web. Its hallmarks are wildly stated claims: A promise that it won't cost you (it will. There's nothing free about it because you're going to spend and lose your money) and usually a link to a loud aggressive infomercial which promises you the moon and tells you nothing about what you'e paying for. But in fact, there's no documentation that anyone is really getting rich from binary code programs, except for the people behind the program who will use your email address and contact you about more and more things that you can spend your money on. That's what this is all really all about.Avoid!