I think at this point most people have learned to catch binary options scams such as the Dubai Lifestyle App before they actually invest. Only, there are still some that fall for this cheap excuse for a marketing website and even worse binary options software. Actually, if you ask me, I don’t think anyone will even get to downloading the software. The sole goal is to gather your information, redirect you to a broker, get their referral fee and dump you without even providing the software. Perhaps it may even be for the better, because the software is definitely NOT going to earn you any money.
Product Name:Dubai Lifestyle App
Niche: Binary Options Software
Minimum Deposit: $250
The fact that there is zero real information anywhere in the website and the absurd claims is more than enough to convince anyone. But of course, proof is necessary to show that the information is all fabricated right? Here we go.
What is the Dubai Lifestyle App Scam?
This is an automated binary options software scam. He claims that you will be able to make over $7K every single day. This means, with just $250 initial deposit you will be super rich within a month and can live the Dubai Lifestyle just like him. HA! Ok, let’s see what it’s about.
The website is very badly made and cheap. It follows the same typical setup as all other similar scam websites. The website is NOT safe and secure, do not be fooled by all of the logos under the sign-up box. Your personal information will be stolen, it will be used to fill your email with spam, and you will most likely have to change your email in order to get away from them.
Click above if you want to watch the first video and have full control over it. The fact that they do this is enough proof that they do not want you to be informed. They know well enough that no one is going to sit through 13 minutes of repetitive information that is completely pointless and useless.
Of course, this IS a push button millionaire scam, all you do is push a button and he claims you can become one.
Fiverr actors were used for all of their testimonials.
Meet Gferdi. He is well known among the binary options scams as he has done plenty of testimonials for many of them.
Here is another popular face on Fiverr.
This guy simplysoccerpro has also made his appearance numerous times in other scams.
This is a relatively new face among the scams.
But still, a cheap Fiverr actor using the username matureactress. Seeing the name, obviously, a failing actress that simply cannot find work anywhere else except for Fiverr, so she sells her soul lying to people that they will get rich. How low.
I will get into more detail about how this guy is NOT Scott Hathaway.
Went from living in his parent’s basement to moving to Dubai to find investors.
Ali Mahmood (most likely not spelling this correctly) most likely doesn’t even exist, or not the one that he is trying to portray at least.
This is Helal Saeed Almarri, you can read an article where he was interviewed HERE.
Farid Mamood (again, sorry about spelling) is claimed to be the other brother. Perhaps if they did not decide to use an image that had once gone viral online, it would have looked more convincing. EVERYONE has seen this image if they are on social media. Who is this guy? Well, considering his brothers information added up, I am almost 100% certain it’s not who they claim he is.
You will NOT make nearly $7K a day because that is impossible with such a software, especially with a $250 investment.
The live proof consists of him clicking auto trade and seeing the balance increase. I just want to underline 2 things here. The first is the broker, Banc de Binary, who I highly disprove of because of the numerous complaints that they do not actually pay out profits or investment.
The second is the time between the $0 balance and the invested $250.
Boom! For 1 minute the balance is up to $250. Tell me, when was the last time that you actually saw such fast balance increase with a software? The date is 11.07.2016 and the time 15.01.
The first time around was for 30 minutes with an average profit of $37.75 per trade.
The trade history is rather interesting the second time around where there are a total of 8 trades. First off, the initial trades between 15:01 to 15:31 (the first 30 minutes in the demo) are NOT showing up, yet there are a total of 8 trades all starting after 15:30. The payout doesn’t seem to add up either. Also, considering that the Bid Amount of $50 has not changed since the beginning of the demo I cannot understand how it is possible to have such absurd and drastic changes in the payouts, regardless that the broker percent varies.
A quick zoom also shows the bad Photoshop of the time, perhaps getting rid of the 15: would have been more convincing. Obviously, the people behind this are complete idiots! Needless to say, the demo only convinced me further that this is a scam.
Scott Hathaway is nothing more than a stock photo. He doesn’t exist!
Buy the stock photo HERE.
His team doesn’t exist either.
Buy stock photo HERE.
Need I say that these are all fabricated? Not to mention that all of them are from BEFORE the software was even released!
The website domain was not even purchased until July 6th!
The live accounts aren’t any better. A quick look at the history and you see that there were numerous trades done over the weekends when the markets are in fact closed. How is this even possible unless the app is in fact a scam and doesn’t work, or, doesn’t even exist!?
Meet their claimed traders, more stolen images. Confirm her identity HERE.
This probably isn’t even a purchased stock photo but rather a stolen crop just of the face. Check it out HERE.
Actually, though the software really is free, there IS A COMMISSION that the broker keeps. In fact, the commission, as depicted in the demo, gets pretty high. In one of the trades the payout was only 55%!
You do understand that an accuracy of 99.8% is impossible, right? I really hope so, because EVERY SINGLE SCAM out there claims some sort of completely absurd win rate which is impossible.
All in all, I think it’s pretty clear, without going into the software itself and wasting any more time, that the Dubai Lifestyle App is a scam and should be avoided. If you have had different experience with them please comment and prove me wrong.