This is yet another one of those scams that you just need to steer clear of. The Instant Wealth App is developed exclusively to get you to sign up, invest your money, and then never see it again. Not only are all the signs there, but they have made some very serious mistakes while covering up their tracks and I have managed not only to link them to a number of other scams, but found proof that in reality, their software, is nothing more than an auto system which looks real but is completely fake. Your money probably doesn’t even get invested as their entire software is made up and doesn’t even show real trades.
Product Name: Instant Wealth
Niche: Binary Options Software
CEO: Mathew Walker
Official Website: instantwealth.co
Minimum Deposit: $250
Claimed 30 Day Profit: $1,000,000
Broker: Titan Trade
Cost of Software: Free
Aside from using very bad actors, this website has a number of other signs it’s a scam that aren’t as obvious. Websites like these have been popping up more and more every day. I have reason to believe that most of the scam websites like these are actually run only by a few individuals and this time, I have proof.
What is the Instant Wealth App?
This is a binary options app that does the trading for you automatically. As per Mathew Walker, this is the software that can make you a millionaire in a month. The deal is, it’s impossible to make these kinds of earnings with a mere $250 deposit which is the minimum required for this software through Titan Trade brokers (who are commonly used for such scams).
Binary options are made out to be super simple especially through their automated system, but it’s far from the truth. Of course, nowhere in the video or the website do they mention anything about binary options. So, if you do not know what binary options are, I highly recommend you first research and learn about them because it takes a lot more than a robot or some “secret” to actually become a millionaire with them. The software is actually completely fake though. How do I know? Well, if you know anything about binary options what happens is you have a bid, say $25. You bid on a commodity and select whether it will go up or down for a given time. If you or the automated robot have selected wrong, you lose the $25, if you win you double up, so $50. Sometimes there is a percent taken for the broker or the software, in which case the result will be a bit short of $50. Interestingly enough though, if you take a look at the software (if you get a chance to get that far as it took me some time to actually get there as it required a deposit to see their software) you will see the list of most recommended signals. You see to the right under investment amount it states €25 right, yet in the potential profits it says €59. Sounds great, but technically, this is impossible with binary options.
This may seem like a small thing to jump on, but considering that the only possible payout is €50 or less for a given €25 investment amount its more than enough proof that this really is a scam. There is no such thing as a higher than 100% payout with these types of systems unless you actually BUY the options not just bid on whether they would be up or down.
The Location of the Video on Instant Wealth App
I love how the video starts. This is because it really opened my eyes. As I watched it dawned on me that I’ve seen it elsewhere. Then it hit me, not too long ago I did a review of another scam, the Push Money App. Go ahead, take a look. Here is a still from the beginning of the video, the door seem familiar? Keep watching the video and you are taken into the EXACT SAME HOUSE!
Wait, there is more. The testimonials in the Instant Wealth video? All actors. Every single one of them. Here are several examples.
Her Fiverr Profile
This guy I have seen act in a number of scams so far. This is his Fiverr Profile.
Who is Behind Instant Wealth?
Aside from what I’ve shown you so far, I think I have found unreputable proof that this really is a scam. I did a bit of behind the scenes research of the website and found the links of the videos which are uploaded on the website. These videos are obviously made and uploaded onto YouTube by the developers of this software right. Interestingly enough, this brought me to their YouTube profile where I found something interesting. The YouTube profile is TheFxhero and you can take a look for yourself.
Surely, you are wondering why the videos in the website are not up there. This is because they are unlisted and unfortunately cannot be opened without a link. You can reach the above page through these LINKS: 1, 2. After that, click on the user and you will see the rest of their videos. Surely, there are many more unlisted videos by them by the looks of it.
What are the other videos? Well, more scam websites just like this one. The FxClub website was disabled because it violated the terms of service, but Fast Wealth Club and Oil Millionaire App are both still up. You know what, their videos link directly back to this YouTube profile. So what I did was did a Who.is search for each of these websites. Unfortunately, all except one used a Who.is blocker but the oldest of the three, the Fast Wealth Club still has vital information as to who is behind it (take a look HERE).
After doing a quick search of the phone number it is a landline active since 1996 in Key West, Florida. However, an interesting search came up with the name. Obviously, he has been busy registering similar scams for quite some time.
You can confirm this HERE.
Obviously, sometime in 2014 he realized that he is far too in the open and started using the Enom user protect option, but not without leaving a trail behind him.
The Verdict on Instant Wealth
In addition to the fact that the software itself is actually unrealistic and doesn’t answer to what binary options really are yet claims to make you a millionaire through them, the rest of the information in the videos is nothing more than lies, fake locations, actors, and obviously fake claims of making you a millionaire within a month. Stay away from the Instant Wealth App if you value your money.