Everyone is allowed mistakes every once in a while, and my initial review of the NEO2 scam certainly was one of them. I was led on by several usually trusted forums and review websites and although I was not 100% certain that it would work, I may have mentioned that it could and that was probably more than enough to send people in the wrong direction. I apologize to anyone that may have been led on by my initial review and hope that I can in some way fix my mistake with this update, at least by helping in the prevention of more people falling for it.
Product Name: NEO2
Founder & Chairman: Dr. Jack Piers, PhD – but someone more sinister is behind it, Michael Freeman
Broker: TitanTrade
Potential Profit: $4,000 Weekly
Minimum Deposit: $250
So, why the change of heart? Well, aside from getting numerous complaints and after following the development of this website online and finally seeing some real testimonials, I realized my mistake. This in turn led me to pay more attention to my review and research, which I admit that in the case of this software I may have overlooked. Rather than spending 1-2 days on the review, with this update I have spent several days researching into the depths and heart of this scam.
What are Binary Options?
As always, I want to begin my review with a quick look at what binary options are. Before I continue, I want to underline that binary options are risky business. They are NOT risk free, and the chance of actually making money are slim. Once you do get the hang of it or find a quality software you really can make a decent profit, but the search will be grueling.
Binary options are basically a simplified form of standard trading. It has a lot to do with prediction but it’s a lot simpler to actually trade them. You have to predict whether an asset will go up or down. You place a bid on your prediction and when the contract time is up you either double your bid, lose it, or get it back. If you predict correctly you double your money minus broker fees, if you guess incorrectly you lose your investment, and if there is no change in the rate of an asset you simply get your money back.
Why is NEO2 a Scam?
Why? Well, I’ll tell you why! This scam is based on how weather affects the markets. Seems legit right? True. Only, so far how often has the weatherman actually predicted the weather to point accurately? Just like the markets, weather is more or less just as unpredictable. Now, you cannot fully trust your local weather man on whether or not to take an umbrella as you head out the door, would you trust these guys and their “calculations” to accurately make predictions and put your money on the line? I wouldn’t either.
The website is definitely made to look believable. It even looks like a real website rather than a software promo. It has what seems like links, has paid local actors, the quality of the video and sound is very good, and they have avoided some of the most red flags that reveal that it’s a scam. But, in this review I will reveal that it really is a SCAM with PROOF.
They have made mistakes though in their attempts to make it seem legitimate. Starting with the first 5 seconds of the video and the lies they spewed. Major media outlets like The Washington Post and The Wall Street Journal have NEVER mentioned anything about this scam software!
Do a quick search in either of these major media outlets and see for yourself that there is no mention of this scam.
You are first introduced to Dr. Jack Piers, PhD. He claims to be a weather enthusiast but his knowledge of weather and binary options ends there. There are no credentials and there is definitely no individual named Dr. Jack Piers, PhD connected with NEO2 anywhere online except for the numerous reviews of the software. He is not an alumni in any university or college, he has no social media profile or professional profile, and there is not one image of him anywhere online except for screenshots from the video. Someone with such “high standing” would be somewhere, anywhere, especially considering he is CEO of the company (which, mind you, does not exist). Conclusion, he is definitely not a Fiverr actor, but he is most certainly one hired locally.
They reveal that they are located in Los Angeles, California. A quick search in their registry reveals that there is no company named NEO2 or any other form of the name registered anywhere in California. I extended my search for the entire US and the results were the same. So, a company making millions is not an official company and is represented by an obvious actor. In fact, the next individual they reveal in the video in fact is located near LA.
So, who does the video reveal next? Meet Michael Freeman. He claims that this software is “awesomely” cool (couldn’t resist)! This guy may look awfully familiar. He actually runs a vlog, numerous blogs, and of course, has his own narcissistic scam named after him. Mike’s Auto Trader (not giving you a link here because I refuse to further promote this scam) is nothing more than another binary options scam.
Of course, this scam, is one of the promoted software with a positive review in the Binary Options Watchdog. Why? I’ll tell you why!
The reason for this positive review, as well as numerous other positive reviews of obvious scams, is because Michael Freeman is also behind the Binary Options Watchdog and several other binary options review websites.
A zoom into his LinkedIn profile in his summary and you quickly see the numerous websites he is also connected with, but he doesn’t reveal all. There are numerous scams that he is behind and you can easily see which ones. The moment you read a positive review on Binary Options Watchdog you realize exactly which scams are either paying him well to promote or he personally has developed. Other positive reviews on his scam website include also BinaDroid, Virtnext, Cash Camp, Trade Forecast, Auto Binary Signals, Forex Paradise LTD, and many more. After my latest research on Binary Options Watchdog and their promotion of the Copy Buffett Software also worries me and shortly I will be doing an update after more research.
You are also introduced to Amit Gupta, who is claimed to be a programming mastermind. Not sure what kind of mastermind he is, but one thing I am 100% certain is that this guy does not exist. He is a ghost and an actor just like the CEO. He is a local hired actor and nothing more.
Which screenshots of the software give you an interesting feeling of seeing something familiar with slight changes.
The most important point is the fact that there is little to no real information provided anywhere in the actual software and signals. No asset information, no information on the open and close rates, and no time. Basically, you cannot confirm ANYTHING.
Another actor. Need I say more? He does not exist. He discusses how the NEO2 scam will soon have its own Kickstarter where people can sign up at the skyrocket price of $8K. Trust me, not only are there no plans of a Kickstarter, but I guarantee you that the moment the one year domain registration of this software expires, the website will disappear along with the software and the money people have invested in it. This software will not go beyond this stage as it is only at this stage that Michael Freeman and whoever else is in on it will be able to make money and their aggressive marketing further confirms my claims.
Of course, there are testimonials, but not just any testimonials. They have actually had the audacity to connect them to real companies and websites. Only, research of these websites reveals that not only do these guys NOT work for them or represent them, but there is no mention of this scam software in the websites.
Would have been a nice touch, considering Freemans “influence”, if they had actually had real companies behind them. On a side note – Can anyone tell me who this girl is!? I have seen her I am 100% certain that I have either seen her in another scam, in a video somewhere, or even a picture of her. If someone recognizes her please share because it’s driving me crazy.
Only they don’t. There is no one behind this software except the developers, aka Michael Freeman, and the poor people they trick into investing with it only to lose their money. I am not one to make fun of people, but SERIOUSLY! If you will pay for an actor at least get your money’s worth, this guy is horrible.
So, they claim that over the last three months this software has made millions. Mind you, this is claimed from day one when the software was released, NOT as of now. At this time the software has actually been up 3 months as it was initially released in February of this year. Not sure how exactly it has really made money prior to that. Not to mention exactly how they plan on filing taxes on it considering that there is no real company behind the software. Just saying.
As I said, the website is made to look legitimate with About Us, Blog, and numerous other what seem to be links. Only ALL of them lead back to the homepage. It is all a ruse.
The quick screenshot of the grand profits with the software further reveal that there is zero real information to confirm whether the numbers are correct.
With a claimed win rate of 87%, the software seems even more fake. Such high win rates are impossible even with REAL geniuses behind them. In this case, the only genius behind this software is a well-known scam artist that makes piles of money on peoples hopes and dreams.
So, what do they want in return? Testimonials. Interesting, considering the software has been up for about 3 months now one would think they would have already received piles of testimonials with how effective their software is. Not to mention, all the spots would be filled if the software really does work as they claim.
Fake Reviews on Binary Options Watchdog
Of course, Michael Freeman takes advantage of his numerous review sites, one of which had a lot of popularity until he started promoting scam websites.
I won’t share all of his positive reviews of this and other scams, but he has shared a YouTube video by a reviewer, who is obviously paid. In this video he shows the software and then his history in the broker.
A zoom into one of his trades reveals the Expiry Rate and Expiry Time.
Went into the first legitimate chart that I could find and pulled up the close rate for the particular asset for that day and time.
A quick zoom shows that the close rate is far from what is shown in his history, further revealing that this is nothing more than another fake review revealing fake profits.
The NEO2 Videos
So, I noticed something interesting when visiting the profiles from which the videos were posted. The first video was posted under the name of Drones TV (user 51372591). Though I found nothing odd with the first profile under which the first video was uploaded, things with the second video were slightly different. The second video is under the profile CowgirldivasTV (user 49202187).
Here is proof of the user ID and its connection to the profile.
Only, the profile does not only have videos of NEO2 Binary Scam uploaded. The second two videos out of the 4 are for Tauribot! That’s right! How do videos of two different scams end up being uploaded under one profile? They are developed by the same person!
Now, as I am 100% certain that Mr. Freeman will realize his mistake and remove these videos or hide them the moment he reads this review (and I am certain he will read it) I want to give you the links and a quick snapshot proving my claims.
Video One – video number: 163718448
Video Two – video number 163722816
So, in fact, this scam is connected to numerous other scams, further connecting Mike Freeman with more scams aside from the ones that were obvious. Check out the review of Tauribot in the Binary Options Watchdog website, positive, of course!
Considering how much experience Michael has with binary options scams he should have been able to cover his tracks better and not narcissistically flaunt openly that he is a scam artist and automatically assume that people are stupid. He has given positive reviews to several PROVEN scams in his shady Binary Options Watchdog website. These reviews are very deceiving because they only have positive comments, only that is fully controlled. I have had numerous signals that people have tried to leave a negative comment on one of his positive reviews revealing their experience with the scam software that he is pushing, only to realize that their comments were blocked or not approved. EVERYTHING you read in the Binary Options Watchdog website is a lie. It is carefully calculated and controlled by Mike Freeman, a scam artist and a liar.
Behind the Scenes of NEO2
Now, to a quick glimpse into the registration of the NEO2 Software Scam domain registration.
Notice the IP address and the shady Hosting Company. Just to underline here, if you have read any of my previous reviews revealing some inside information DWD Technologies LLC you will see that this hosting company hosts scams exclusively. Now, the coincidence of all the scam artists agreeing on using this one hosting company among the thousands out there? Nah. Actually, I am more leaning towards there being one individual (Mike Freeman seems like a good start) or several individuals working together being behind all the scams.
Just in this IP range there are two more scams, if you check ALL of the sites hosted by this company you will see many more familiar names well known for being popular scams.
In short, Michael Freeman (if that’s his real name) is a scam artist that has done very well in making himself seem honest and legitimate gaining a major following online only to lie to every single one of his followers. The numerous scams that he is connected with and the Binary Options Watchdog review website are ALL putting money in his pockets and he is living off the hopes and dreams of people looking to change their lives for the better. He basically takes peoples trust and stops on it the moment he is sure they are ready to follow him blindly.
The NEO2 Binary Options Scam Software is nothing more than another one of Freeman’s scams with a LOT of marketing and lies behind it with hopes that one day he will slowly, but surely, drain all of his trusted followers dry.
Finally Mr. Freeman exposed. I have been thinking about his robot. Why the robots works in the begining and I think I have a theory, a good one but a theory.
A lot of robots works at the begining because there is a deal between the developer and the broker.
A regular robot has not that deal so it will dissapear soon. In other hand, robots with a deal will create a lot of believers so they will stay for a long time. It similar a Ponzi scheme.
Hello Mario Jose,
I think that your theory could be correct. Though I think for the most part nearly all the scam software out there simply does not have any real signals or accurate information. You are basically trading blindly and so is the software, if it is even trading in the market. I am also questioning whether the software is even connected to the market along with many of the scam brokers out there. These are all assumptions of course. I am working towards finding proof for these assumptions.
Anna
Its so bad that nothing legal have been done to the fraud and unethical activities of this binary options phenomenon,I lost $46750 of my life savings,I was scammed by Steven Silver and his group of associates who refuse to approve withdrawal request,this guys are 5 star rated on most ratings and blogs,they stopped picking my calls and even threaten me with a law suit,imagine? this group of people are a disgrace to human race,I tried all I could to get my money back,went as far as reporting to A.S.I.C, but still nothing happened,I almost gave up till I met my one time account manager Christopher Jones,who gave me an unofficial advice to hire a hacker he knows to help get me funds back,I really didn’t believe but still went ahead to contact hackwizz((AT))yandex((DOT))COM ,ill say he was very professional and told me am not alone in this,he got all the relevant information and in about six days,I was able to log on to my account,although I wasn’t able to withdraw the gains,I was able to withdraw all my initial deposits and assets which was more than I expected,I think this can help someone here too.
Terms of conditions includes Copy Buffett!
Mario Jose,
Oh! I missed that. I was looking into the Terms and Conditions but didn’t go through them in full. Very good catch!
Anna
Hi Anna . I have been trading binary options for 3 years and I have lost to every software you mentioned here , you are the first honest person I have come across on the net , i also like to mention I had a scam broker called L binary. They just disappeared of the grid and took all their client s money . If you know the CEO his name Mark Hammond . My senior manager Michele Zapos , I would like to know their whereabouts . They bling in prison for fraud and stealing .
(Note: I am not being paid by anyone for mentioning what I am sharing here. I don’t think Mike even knows who I am although I am part of his Facebook trading group which I joined through one of his helpers since Mike himself is very busy).
A lot of negative things have been shared about Mike in the stuff above….whether it is all accurate or not I don’t know…… But on a positive note….
I am actually having a good experience with Michael Freeman’s Manual Signals Group which is private, and you can’t see the contents until join.
But joining is free with no commitments and with no spam emails etc.
At one time the only requirement Mike had was that you donate to any charity of your choice, and then send him a email receipt as proof of your donation.
Then he would let you in the group.
But he doesn’t require that any longer (at the time of this writing-5/20/16).
Nor are you forced to sign with any particular broker etc.
Within the group you simply watch the Facebook Wall and keep refreshing it, and there are few Admin’s (signal providers) spread apart throughout a 24 hour period, that have a very good trading record, and they share when to place a Put or Call at a currency pair or commodity etc…and at what price level, and they are sometimes 5 minute binary options or 10 minutes or 15 minutes etc.
If a signal provider reaches a certain amount of losses in a session (like 2 or 3) they stop sharing for the day.
Everything is screened, and on the Facebook wall the provider might share their comment something like:
USDJPY SR (Strike Rate) 110.380-400 PUT, EXP (expires) 5m (5 minutes)
Then as group members enter their trades some of them leave a comment under the providers comment such as where they entered the sell:
390, 393, 377, 370….so those who participate…if their trade ends up being in the money or out of the money they share “itm” or “otm” in their comment whether it was in the money (itm), or out of the money (otm).
And I think if they were in the money and shared their price level earlier, they gain points, and if you have multiple itms without losses you might get a prize or be able to become a paid Admin (again, read the group rules in case I am misunderstanding some of this).
Or you can quietly stay in the background getting the signals, but without making your presence known.
Or you can click the like button if you liked the signal.
But you can be blocked if you clutter the comments and distract others with your emotional issues or frustrations….You can’t promote brokers or auto traders and can’t even mention any brokers or auto traders, not even Neo2 etc.
You can save regular chatting or questions for the weekend etc.
All in all I enjoy the group even though there is not someone there every minute giving signals.
If you have a large broker account balance that can handle large contract sizes, all you need is a win or two a day above the losses, and you have yourself a nice weekly income potential in a manual trading group like this.
The signals in that group are very high quality, and yet free, no monthly subscription (although some of the signal providers in the group might have their own thing going where you can pay to learn their strategies etc….but it may very. )
The signals themselves are free as they appear on your wall even if a signal provider is not on your friends list.
(That said, I am not saying it is guaranteed winning trades every time, and it also may depend on your broker and the execution speed and whether you refreshed your browser fast enough to get in the trade early enough etc. It can vary…while the provider and several group members were in the money you might be out of the money sometimes, and the other way around and so on).
And if someone has a lot of wins there are sometimes insentives (cash prizes etc.) to motivate them to keep improving their signal quality etc.
Mike himself pays those who share quality signals (best to read the group rules in case I am getting some of this wrong).
So anyway whatever you researched about Mike that might be negative, the his Facebook group seems like a good positive.
If you join it would be best to create a fresh clean Facebook account that is not cluttered, and set a lot of your settings to private, and just click on the Mike Freeman’s group link, and quietly watch for signals without even interacting too much (they prefer to keep comments to a minimum because people in there are serious and need to focus…in fact you can’t share anything person except on the weekends (they have a list of rules so you don’t get blocked etc.)
Hello Ed,
Thank you for sharing this enlightening information. The problem is there is no link anywhere to his group. He and many of his “followers” discuss the group in reviews and forums, only, a link to the group never shows up.
I would be very happy to see some proof of your results. Perhaps if you can send a screenshot? Sorry for being a little skeptical about your results, this group, or anything concerning Michael Freeman. He has showed repeatedly that his main and sole goal is to rob people of their money by gaining their trust. Still, I am open to being proven wrong.
If you can send me a screenshot of said group, the link, and the profits you are making with the help of these signals I would take back a percent of the negative things I have said to him as there just may be something genuine that he is doing.
Until then, I stand my ground that I have yet to see something real by this guy.
Anna Georgieva
i have also had really good results with his manual group
Dude,
Are you effing kidding me?
First of all I signed up for this stupid piece of shit and what happens? Another window pops up and its for this other broker which I thought had to do with cool weather/solar activity monitoring.. And then what happens after that I get a fucking phone call from some lady who is asking for my 250.. so I sign up again thinking theres an issue I see the real Neo2, or I guess fake ass shit again and ITS FUCKING FORCING ME TO PUT IN 250.. those ass hats think that they can trick me into doing this shit.. no.. and I NEVER GAVE PERMISSION FOR THOSE FUCKING ASSWIPES TO CALL ME.
Scam all around. Lousy, scam.
I recently signed up for Neo2 and made my deposit of 250 USD and went through all the complience documents to get approved by Binary Online. That was done on Jan. 31st and I am still unable to auto trade. My account page does not include the advertised Neo Sync and Trade ALGO button. For one week now my account page is missing my name and my deposited 250 USD. Every day I have sent emails to Neo2 Support with no reponse. I have emailed Binary Online with vague responses not directly responding to my questions. Any advice to move forward?
Hello Anna,
Now I see your Review about that NEO2 joke. So you did already know about Uncle Mike and his 40-60 scam website. This man earn more from cheating and steal money from poor people, Than the CEO from Microsoft. Keep up the good work madam Anna! Kind regards Jan.
Hello Again Jan,
Yes, NEO2 has definitely proven to be a scam website. I actually learned about the scams Mike is behind in my research of NEO2. It was actually then that I found out who he was and that he is behind Binary Options Watchdog.
I do not feel other review websites to be competition but rather websites that have the same goal as me, to reveal websites. I had never before researched who is behind them because I never felt that there was a reason. It wasn’t until I started doing my research of NEO2 that I actually dug up all of the scams that Mike is behind and realized that there are in fact some review websites (ones that seem to reveal scams rather than advertise) that are run by the same people that develop the scams.
You are certainly right about one thing. Michael has cheated far too many people and has made a lot of money from the hopes and dreams that he feeds them.
I am very happy that you commented again and that now we see eye to eye. I have no reason to lie or cheat anyone.
Anna Georgieva
Thanx, Anna ur the Best. We need more Ppl out there like u 2 help us c thru these Low-Life-Scammers ! Long Liv Anna, & her Gr8 work on xposing these Maggots !
Hello Pk Wieser,
Thank you so much! It means a lot knowing that my hard work is appreciated and that I have managed to help out somehow.
Anna
Hi Anna,
Thank you for your hard working to keep us informed. What about prime brokerz and Harrison & Woods?
Thank you
Thank you Anna for exposing this scam. I was about to sign up for Neo2..
Hello Charlton,
Glad to be of help! Before signing up to anything always research first. Even if everyone is claiming it works, keep looking until you are 100% certain.
Anna
Thank you Anna Georgieva. I believe in your website. You really have the guts and courage to condemned a well know website like binaryoptionswatchdog. Well I was scammed in Binadroid as it was my first try. So those who read my comment, please stay out of it. Don’t even try. If you want to try, please try the most 3 or 4 trades and if you loss, please stop. That is my advice. I only follow your comments for 3 times a week to get your feedback. I am now avoiding the Neo2 and CopyBuffet software. I wish you can advise us and test the “any software” and direct us to the right direction. Most of us I believe do not think about being a millionaires but a decent income to cover our overheads and living and simple lifestyle and a little of saving for RAINING DAYS. Thank you.
Hello Theo Hock,
Thank you! Although I openly admit that I enjoy exposing scam websites, I really did not want to write about another review website, even if I suspected foul play. The moment I realized that they are the same people that develop these scams though, I had to out them.
I am working on trying to find a software that can give results. As you said, not to become millionaires (as something like that simply does not exist), but at least to give you some steady income on the side. Hopefully, one of these guys will put the effort they put into creating a scam website into creating a quality and decent software.
Thank you again for the kind words.
Anna
I am an idealist…Why would this Michael Freeman ruin his reputation online as a scammer by backing this software..
Anna, have you tried it? Not as an auto trader but as a MANUAL trader? how can you just cal it a scam without trying it?
I am learning binary options..so I can trade full time. I pay money to a school online to teach me. They have robots as part of their advanced system .Still however, I want to try this. I am NOT going to use the auto trader..as those are always dangerous! I WILL manually trade these signals on a DEMO first..like any smart person woudl do and THEN I will determine if this AND Michael Freeman is a scam. I will tell u in order for me to be added to the FB group I had to sign up with one of the signal providers brokers..then I was added. They only do 60 second trades…not a way to learn at all. I will be trying to myself..because I am watching too may people online say that manual trading is making them lots of money! They are not all liars…but to expect to switch on the button and earn thousands is a dream…learn how to manually trade the signals and THEN you can say if it is a scam or not…
Hello Lola,
I am happy that there are still people out there with hope for these websites. With that said, Michael Freeman has ruined his reputation long before this software was released. I have made it very clear in my article what other websites and software he is associated with and the fact that his name has not been clean for a long time. The only problem is that it was only up until recently that I even found out who he is, but he is well known for his scams long before NEO2.
Insinuating that I do not know how to, or have never, traded in manual is a bit rash considering I have yet to actually discuss my personal trading experience. I have and continue to trade on and off manually, without 3rd party signals (which, considering that you are studying and paying for classes must know that its much harder), with my broker (as I do not advertise on here I will not share the name). The reason I did NOT invest with this software I think is pretty clear in my article. They have proven to spew nothing but lies in the promo website which has lead me to believe that there is nothing honest or transparent about the non-existent company and the people involved in it.
With that said, my goal here is not to stand in anybody’s way in investing with the software they are interested in. I am running a personal blog which people happen to read. I share what I find in hopes of helping those that cannot see through these scams. I encourage you to try the software if you feel that you trust them and would be very happy to see your results. Unedited screenshots would be of great help to prove me wrong and I would be very happy to add them as an update to my review, if that should happen. I wish you a lot of luck and hope you are right and this turns out to really work.
For now, I stand my ground and considering, especially, that Michael Freeman is behind this software, I am 100% convinced that this is a scam and the signals will be inaccurate.
Anna
Don’t give up Anna, you are 100% right this is an absolute and utter scam, I know because I was scammed!! With this! The auto trader doesn’t work and the signals are absolutely random! I have checked them on a demo account and it’s just plain ridiculous, absolute gamble and yes I know how to use signals! I even have a Facebook conversation with Mr Jacob Jones (Michael’s henchmen) where he openly admits the software doesn’t work, and when I ask him if they are gonna fix it he replies “probably not”. I can send you a print with this conversation if you want to put on your website, this guys are scum and we need more people like you Anna to reveal their true colours. Please keep the good work.
Hi Lola
The 60secs Trades on the demo are not real and not linked to real market activity . If you want to see if they are real or not , just try you autotrade on a currency pair or something on a Saturday , and if it shows you making money … That’s impossible because the markets are ALL closed on a Saturday. I’m an intermediate Forex trader looking to enhance my trading with signal software .. Which I can use inbetween scheduled market announcements and low volatility. I would never leave anything on while I sleep that’s for sure ( just a tip from me) .
I got losses on this one… you wont find negative feedback as the forums are full of sites collecting their affiliate monies and wont address anything negative to affect their most profitable money earner. If a product is good for some and not others questions need to be asked – are people lying or are the brokers dodgy hunting orders,,, either way – I lost money here and got no support.
Hello Jackie,
Thank you for sharing your experience. Unfortunately, most of the review sites are run by the people that developed most of the scams so finding genuine reviews is difficult. Not to mention they control the comments as well, so only fake comments promoting the software are allowed through. Thanks again and stick around, hopefully together we will find something worth our money!
Anna
Hey, I was glad to finally find an honest review on this scam. I have realized not long ago that the dude behind the Binary Options Watchdog reviews blog is a scammer himself. He promotes programs that he is affiliated with. Also, it seems that he owns another blog, called Binary Options Anonymous. I used to think that the Watchdog was genuine, but when I attempted to post a review on the above two blogs (that claim that they welcome all opinions and don’t moderate comments), I noticed that my comments were removed, because they were in conflict with his interests. I, and 2 others I know, have lost money with the two autotraders this scammer promotes – Copy Buffett and Neo2. I posted my experience on Watchdog and BO Anonymous – both were removed.
This dude is a scam artist for sure. I’m glad that someone, other than me, has finally noticed and is speaking up.
Hello Dani,
Thank you for sharing! I am happy that I too finally discovered this little bit of information. I also trusted Watchdog until recently and was happy that there were other real review websites out there, only to be disappointed. He does run several review websites and with all of them it’s the same. Comments constantly removed and complete lies.
Anna
Hey, Anna. Two month on, and more and more complaints are coming in on the NEO2 scam. Now there are numerous complaints on TRUSTED websites — by REAL traders (such as ForexPeaceArmy and BinaryOptions.net). People are losing money faster than ever with this SCAMware. I think this dispicable scam artist – Michael Freeman – should be finally exposed with his various affiliate scams and fake reviews websites that he runs. There are lots of YouTube videos from REAL traders, bashing his shitty autotrader (a real trader would NEVER recommend using a bot — they don’t work; none of them — end of story), and his ridiculous Facebook signals group, where people are not allowed to express their opinion. Most signals on Freeman’s group are LOSING signals, but if you dare to complain that your account was wiped-out using his lousy signals, he will remove the negative comment, and, if you persist, you will be removed from the group. People are openly encouraged to keep silent about failures, and only talk about success, when dealing with Michael Freeman’s products — he has even been known to threaten people, who post negative reviews about his products. This guy is a sub-human; he ruins people’s lives, and, if not by law, but at least by human standards, he is a criminal.
I wish more people would post about this scammer, so he would finally be knocked off of his high horse. The bastard thinks he’s God’s gift to binary options industry, but I bet he has never even placed a live trade himself (perhaps only on a demo account). He is not a trader; he is a shady affiliate scammer.
Me, I’m an actual trader, and I have very little time for this kind of stuff. However, I like trying out different strategies (especially signal services), so I’m thinking of starting my own blog also… If I manage to start one, I will definitely link you and also expose the various scams that are associated with the dirty scammer known as Michael Freeman, so that other potential traders can avoid making the mistakes that we’ve been unfortunate enough to make.
As for you – keep up the good work, and I hope you have found a strategy that works MUCH better than anything Scammer Freeman can offer.
Dear Anna,
Thank you very much for this second review. Ironically, I signed up to NEO2 yesterday after reading your first review… and they redirected me immediately to Morton Financial in the UK where I had to create an account. Since I had gone that far already, I did the stupid thing and put my credit card info at risk…. it was immediately declined and flagged by my credit card company.
I contacted their customer service by chat and was assured I would be contacted “shortly”. No call ever came.
So, I dialed their toll-free USA number… the answering message says “Thank you for your call, you are number 1 in priority”. No ID message for the company that you would expect like “Welcome to Morton Financial, your call is important to us”.
Admittedly, I jumped the gun, and the site seemed so legit, with mention of Wall Street, etc… and then after reading your review, I thought I would give it a shot.
Once bitten, twice shy! I started digging into their website source code after I suspected foul play and found similar items about the videos that you mentioned in your in-depth review above. Thanks for posting your findings.
Do you have any advice or have you found anything worth mentioning that might be legit?
With respect,
J.
Hello John,
Sorry that you had to go through that. That is their main goal, to make you waste 20 minutes and then after brainwashing you for that long to convince you to enter you billing information. Good that your bank caught it though.
Thank you for the kind words. I am working on finding something that works, but am treading very lightly and want to make sure that whatever I recommend really is effective and not just another scam.
Hopefully soon I will have something that everyone can enjoy and earn from.
Anna
SOME WOULD BE GOOD THING HELLO YOU COULD INDICATE IN THE WORLD OF BINARY OPTIONS AGLGUM AUTO TRADE OR SIGNAL PROVIDER ANY ADVICE OR TIP OF RESPECT Binary Options?
Hello Julio,
At this moment I have yet to find something that is trustworthy. I am currently in the process of researching one option that seems to be very promising but I will reveal it once I have personally tried it and have had success. Please check back.
Anna
Hi Anna, any trustworthy option u found?
hooray at last I have found a site that has something negative about neo2,i have signed up and cannot access the software to use, it seems if you log in with a new e-mail you will get through to sign up with a broker and all be it if you sign up with a different e-mail you also get a different broker, after contacting the neo2 and describing all my problems they were unable to help in any way so I got contacted by sarah foster from neo2 also by coincidence a few minutes later binary book sarah foster contacted me also ?
I too have tried to research these ghost men and have come up with nothing ?
how has michael freeman done this though there is an awful lot of positive stuff literally all over youtube and the web?
after my negative comments were taken off the face book page seems like I am blocked now, can’t comment on there anymore, it has now hit me that I have been conned and will now see if I can retrieve my money from my broker which is Optionbit which are also proving to be completely useless never answering e-mails or returning phone calls have also done the same to optionrobot.com I believed the hype on youtube ?
so many though are posting vids, that it is hard for a newbie like me to find there way through this thick dense cloud of lies and scamming and just need to find a decent signals provider with a good track record ? I will join michael’s signals group with caution just to see what they are like ? if that is possible without opening a new account with a broker that is ?
be careful out there newbies there are a lot of sharks in the water
trade safe, trade sensible.
Micheal Freeman will boot you from his site if you in anyway make a negative comment about his stuff or brokers. I had an issue with OptionFM which I was assigned through his autotrader (joke of a site) and when I shared what happened they blocked me no explanation. I signed up to Virtnext through Binary Watchdog and my welcome email was from Michael Freemen! When I asked about this Binary Watchdog simply said that was a mistake. I believe Michael Freeman is either directly or indirectly involved in most of these scams that they promote as positive. The ones that they point to as scams are simply an attempt to reduce competition or payback for not letting Michael Freemen be involved. I do not believe its possible to have an autotrader that actually works as this is against the brokers and they have to have losses to stay in business. Deposits minus losses minus money on account is their income. Just my opinion.
correction: Deposits minus wins minus money on account.
Hello Mike,
You are quite correct in your assumptions. Actually, I currently do not believe there are any binary options software out there that are real. With that said, I know there really is software that makes it easier, provides you with quality signals or trends, and teaches you how to trade. Though I will continue revealing the scams, my hopes are in finding a software such as the one I have described above that actually gives results. I am currently researching several and hopefully soon I will reveal something that is promising.
Anna
Anna have a look at binaryoptionstradingsignals, it’s a service that provides quality signals like you describe. It’s actually better for forex, but he wants to attract the guys who were scammed by binaryoptions 😉
Hi Mike R, Mike H here. Another one scammed by the team at NEO2 and now it appears Optionbit too. It’s great to have found this site where we can all connect with each other and hopefully contribute to the demise of Michael Freeman and his cronies. I felt so stupid that I fell for this but believed that I had done my due diligence thoroughly. Now I have read even more I can see that smarter people than me have been affected in some way or another with these horrible people.
If you have any luck getting a favourable result from Optionbit I would appreciate it if you would let me know. Likewise I’ll do the same.
My so called Account Manager used the name Jeremy Adams but used the e-mail address of jermy.a@optionbit.com and I even have the number he used, +44 20 3807 3723. I have sent several e-mails without replies but haven’t called the number yet.
Please do not hesitate to contact me if there is any possibility we can take this further to get these people. My number is 07941 540601
Bye for now and best regards.
Mike
Hello Micky,
Happy you like the page and find it useful. Unfortunately, that’s the sole goal of software like this and the people behind them. They actively seek out those that have no or little experience because they will not be able to immediately see through their lies.
All Facebook, website, and YouTube comments are controlled. The positive reviews, both written and on YouTube are done by people paid by the people behind the software. There are numerous marketing schemes and if they put in the same kind of effort into creating a software that works they just may succeed, only they have chosen the wrong path.
I have noticed an error on the neo2 promo video
on the video it is Amit Gupta on the intro to the teem it is Amit Gupte seems like they could not decide what to call him.
also on his signals team there is an admission that mikes autosignals 2 is the same as neo2 ?
Hello again! Yes, just caught that too! Surely, if it was a real name that wouldn’t have happened. There are many questionable mistakes and claims. I agree.
Anna
Do these scam artists use genuine binary brokers during their acts? I am registered to Binary Book through Tauribot Scam and I am wondering whether the broker they assigned me to is genuinely registered.
Thank you Anna. I was ready to try Neo2 within the next day or two. Now I know that that nagging feeling in my gut was actually a warning.
Hello,
Firstly, I would like to thank Anna for her honest reviews, keep it up!
Just wanted to tell you my story. I recently came across the Neo2 software. After doing some research I invested and lost part of my money.
When I’ve seen the advertisement of Neo2, I was very sceptic and started to read reviews and sent couple of emails to the reviewers. Every single one responded me that the software is showing good results. I was very glad to hear that at first.
When I’ve registered through the application I’ve started with 350$. During the first day of trading the software made 3 trades and 2 of them lost (money of my account was 321,25). The second day hoping the best I’ve launched the application and again it made 3 trades only. 2 losing and 1 profit (my account is 290$). I think if I’ll turn on the autotrader tomorrow I will face the same problem. I’ve stopped using this scam. So the fact here is that I have lost 60$ from my account and I advise everyone to stay away from this scam!
Wanted to ask one more question to Anna. Is there any application in the market that is really performing results or not?
Regards,
Boris Y.
Anna, thanks to you, I am not signing up for the NEO2 scam. I was about to make a deposit in the next few days and get involved. Your in depth research and comments convinced me that I was about to make a mistake. Keep up your good work. I feel sure you have saved a lot of people money and headaches…
Hi Anna,
Have you heard about TAC (Trade Assistant Calculator) Software which you can purchase from certain John Smith of Binary Options ( they are selling this arounf 550USD.
You Information is highly Appreciated.
Hello Lei,
This is the first I hear of TAC, but I have been reviewing mainly free software up until recently. I will look into it soon and see if I can do a review on it. Thank you for the input and suggestion.
Anna
I have been looking at binary since mid april,many scams,regulated by gaming commision.If you are interested in the stock market teach yourself,watch youtubes.Learn a strategy and apply it.
Hello Dion,
You are quite correct! This is why I am trying to find quality training software as I think that would be the best option for anyone looking to get into binary options.
Anna
Dear Anna,
Thank you for your scam informations about NEO2.
I almost fell into their trap.
I was tried to start to trading with them but they dropped me always to TRADORAX which broker don’t have european licence but has a lot of real bad reviews. When i asked them to help me to find another EU licenesed trusted broker they answered with bla-bla. Now i know (thanks to you) why.
Could you recomend me an Auto Trading Software with a trusted broker behind?
THANK YOU AGAIN!
George,
Happy that I could help! Unfortunately, at this point, I have yet to find not only a trading software the works with a trusted broker, but an auto trading software that actually gives you good signals and real profits. So far all of them have been a scam.
Anna
I was actually a member of the “Michael Freeman*s signal group” – until I posted the following:
Michael Freemann – your comments would be appreciated
http://brokerscamalert.com/neo2-software/
Then I was banned
his guy do not take criticism easy……….
There is no proof you provide of your actual trading results. Have you actually lost money, or are you trying to scam the scammers!
Hi
Jacob jones – objectivebineryoptions.com
is he ok? Seems to advertise a number of scam
products – any info? Cheers, John
Hi
I foolishly signed up for Neo2 and paid $250 into Secured Options broker after reading the fake review on watchdog.
I had not even turned the autotrader on but noticed my balance reducing by $25 dollars at a time over the next few days. Even with my limited knowledge I could see the trades were ridiculous and were mostly opposite to the trends shown on the graph.
I had numerous emails with the broker who didn’t want to know and actually got quite nasty accusing me of trying to defraud them!!
Finally I got hold of a senior guy an even though I told him I wanted him to close my account immediately he still spent 20 minutes hard selling his services and became unpleasant when I resisted.
A few days later and my balance was down again to $120. I called again, said I was calling the Police and raised a case with Visa. Low and behold a day later my $120 was refunded and both accounts were closed. Visa are now investigating for me.
I posted my negative experience on the watchdog site but as others say, the posts were not published.
I’m still interested in earning some pocket money and would like to have another go as I genuinely enjoy BO’s but I can see now that the whole BO industry is riddled with lying scumbags who are just there to steal our money and it’s obvious that many of the brokers are in league with those peddling the scam software. I just don’t know how anyone can decide who to trust!
Personally I’m not sure there is any real auto trading software out there that is honest and works. I think that a lot of it is programmed to show some success early on and then it is tweeked to gradually reduce the itm payouts over time and then “poof” it’s gone and another new one arrives.
I have decided to give up on autotraders (unless you find one that works Anna!) and try and locate a good signals service and try some manual trading but even finding a bona fide signals provider seems to be next to impossible because as always you can’t trust anything you read!
Keep up the good work please Anna – I think your honesty places you in the minority!!
Hi Anna,
Thanks for the review i was close to signing up for this one, what are your thoughts on this new auto-trader http://crunch-tech.co/ it is hailed as a new Neo2 claiming improved weather analysis for trading, most manual trading groups I’m signed up to are going on and on about it.
also John – Jacob Jones works with Michael Freeman, if you add him on Facebook he can add you to Michaels free binary trading signals. some admins there are good but i do see them inflate some of their ITM/OTM Ratios there.
Anna, can you recommend any Auto-trading software? i am not looking to get rich quick, just want some extra income to help with increase cost of living
Hi Anna,
I have just foud you reviewe site fue days ago and finaly got the explanation of all that went wrong with my Neo2 account.
We (my investment partner and I) have experiant some very wired things with it for 12 weeks till we are left nuw with €1.01 in our account. If you like me to go in details let me know, but I can tell you it was wired.
I just got a mail about a new software that is getting out nuwadays, will you be able to check it up for all of us here at your site and kthe friends that woul like to Automaticaly Day trade?
Tbe name is Crunch Tech software and the site is http://crunch-tech.co/
That woul be much appriciated.
Thanks for the great investigate work you are doing for all of us, appriciate it very much.
E.L
Hi Anna
my name is Yuvraj Singh I am hosting Facebook group with more that 1200+ members.I want you to review my Facebook group where I am providing signals for free no broker registration process I am also offering cashback when someone deposit from my broker.I was the first to review Neo2 in my group that it is scam weather has nothing to do with trading binary option.
We can talk in details my email address is yuvrajbinaryoption@gmail.com
feel free to contact me your bolg will get greater response as most of members are in Scamer Freeman group.
Yuvraj Singh
This is a really slick scam. The high quality video has a very authentic feel to it. My bullshit meters were going off when these assholes said they could predict 60 second market moves WEEKS in advance with WEATHER?? I mean come in, wtf, that is profoundly mental. PLUS, one guy in the video said, “You can’t lose!” no reputable company will tell you that…they will comply with CFTC guidelines about risk disclosure.
That said, I did see a few good reviews that seemed so genuine, so I decided to sign up just to see if it was a scam for sure. Literally 5 seconds after I submitted my information, my phone rang (this was at 1230am). It was some woman calling me from the company telling me that I was going to make $4000/week for doing nothing and I needed to open an account. I told her there is no way I’m opening an account without seeing proof that this is legit, and told her I’m hanging up now. She called back TWICE, right away. I didn’t answer. This is a huge huge scam. Don’t give them your money!!
Thanks so much for providing these valuable information about Neo2. Almost all sites that tell you who are scammers said Neo2 is legit except for your site. And so I almost ended up putting money on it but when it redirected me to http://www.optionstarsglobal.com site after registering, it made me skeptical. Then nothing just really makes sense with these two websites. From there I stared doing research again and landed on your website.
Neo2 is definitely a scam .
I deposited 350$ with Optionbit.com and started autotrading with Neo2 . First two days were good . I could able to take my account upto 600$
Then starting from third day i started losing trades .My account came to 12 $ . I didn’t lose hope on it , so again deposited 350$ . Lost everything
Final result : 4 $
Hi Anna
I have about given up on the whole binary options trading industry, especially auto traders.
You just don’t know who to trust.
There are blacklists for brokers and auto traders.
Why isn’t there a blacklist for the review sites?
Dear Anna,
Thanks for your nice review. Actually very few people are have knowledge of trading rest are depends on readymade things, unfortunately I also one of them. Since I am diangosed as bipolar disorder and sitting jobless at home since long time. I am also searching such kind of things but quiet lucky not to be scammed since I am little sceptikal about it.
If you know good signal service or a good way of trading online please mail me. Because as bipolar I am finding difficulties to join a job due to my irregular sleeping timimgs and mood swings.
Thanks in advance.
Dear Anna,
Please suggest a legitimate signal service or a person/website that can provide training on online trading.
I do not need a millenary scheme. I am expecting a decent work from home income source so that I can fulfil my family’s day to day needs.
Anna,
Are there any reliable, honest auto traders systems out there? All the one I thought were good have been debunked by you.
Just read your review today, and I have my own review I’d like to share. Many haven’t tested this as much as I have on not only 1M but 2M, 3M, 5M ,15M and even 20M time frames LOL!! I’m a rugged trader who always allows for up to 4max. trades before saying a signal does or does not work, as well I check them against other data I watch and other signals that may or may not agree with it. Having said that, there is also something else many don’t know about this software, which is that it can be opened in multiple browsers simultaneously,, and do you know what?? At exactly 5:49pm for example you can have BOTH a 99% BUY SIGNAL andddd a 99% SELL SIGNAL LOL!!! Hmmmmm?? So which do you take???? Hit the refresh button and you get a whole set of different signals!! Ok??? So you are spot on in your analysis. Also, my autotrader to its credit gave me profit for about 2 weeks, and within a month that account is still only at $22.50 which is just below the min. trade, so I still can get signals, but it will not trade anymore thankfully. Also I was smart enough to withdraw money as soon as I recovered my investment.
As of today, I think the software is no longer even sending signals. Either that or they are tinkering with it. I have had good results using my own method and its signals, but to follow them blindly , no way. There is timing involved,, knowing the full picture of the market when the signals come, and honestly as you said Anna, there is no true “data” to verify where these signals even come from or how they’re generated. I would recommend to others to get true “trend detecting” software, use Bollingers, Stochastic lines and things that are FIRM determiners of market direction, so that when you use “signals” you are basing it off of something. Thanks for what you do Anna, and I did register to follow you today!
If Neo2 is a scam why wouldn’t copybuffet be one. Both are very scarce with information on who is behind but both seems to use the same base software to interface with the users.
I think everyone using these platforms on a regular basis saw that both websites recommended trade list and graphs were going down at the same time.
Still they seem to be creating profit for a lot of people that are not bloggers.
For now I give them the benefit of the doubt.
In addition to what I said before I can say that Neo2 seems to be more responsive to technical issues than copy buffet as the issue which was causing trouble for both of them seems to have been resolved by Neo2 and not by Copy yet.
Hey Anna,
Thanks for all the work you do, I do similar myself but I’m not happy to see that you took a screenshot of one of my videos and you have either mistaking read your charts wrong or you are trying to discredit me by publishing wrong info which I hope your not as I expose alot of scams on a daily basis and have saved alot of people from scams now.
As you are looking at a day chart it is very hard to pinpoint the exact price, please recheck on a smaller time frame where you can actually see the real price and you will see the price is accurate. I would never manipulate or fake any of my results and if you look at the results the trade is also a losing trade so not sure why anyone would manipulate a losing trade.
Please recheck and feel free to contact me if you want.
Please check the below links and its details like summary, admimnistrator, technical contact, server etc. You come to know the similar details of scammers.
Please compare the details with each other, you will get idea that all the sites run by same person/group.
http://www.scamadviser.com/check-website/binaryoptionswatchdog.com
http://www.scamadviser.com/check-website/binaryoptionschannel.com
http://www.scamadviser.com/check-website/neo2.co
http://www.scamadviser.com/check-website/binadroid.com
http://www.scamadviser.com/check-website/virtnextapp.com
really wish I had found your site before last week.
There are soooo many sites out there saying neo2 is NOT a scam that I went for it and only got suspicious after signing up with SecuredOptions.com. Now trying to get my 250 GBP back from them, not much hope.
Thank you Anna!!! 🙂
Thanks for this review, just wish I had found it a couple of days ago. I’m very new to this game and had searched through all these so called binary review sites claiming Neo2 was this new fantastic software, didn’t expect there to be so many scam sites reviewing scams!! I had this running for around 36 hours and had 9 winning trades out of 13, so still in profit. I suspect this is more down to luck than anything else. The only trades that were executed where on the EUR/USD which seemed quite odd, and the autotrade feature only worked when it was stopped and restarted. I have just withdrawn my $250 so fingers crossed I will see this again. On Amit Gupta, i suspect that what they are trying to do is to confuse people with this man:
http://www.ndtv.com/india-news/indian-american-entrepreneur-amit-gupta-finally-gets-bone-marrow-donor-568338
Once again thanks for the review. Even though I was slightly in profit, having read this article and done some more research I shall take my money and run.
Feel sick and so surprise to see so many broker, review site and, especially, autotrading software spew by the same related person…
Hi Anna. I’m so pleased to have found your website and your review of the NEO2 BOT. I thought I had done a thorough enough due diligence but now realise why I would think that. Not knowing then but now knowing that all the BOT review sites that I was linking to were probably all operated by the same people with the same intent.
However, I still fail to see for sure how they intend to make money from the ‘scam’. I can imagine several ideas but would like indications or realities from anyone out there including yourself. I am sure that many people must be asking themselves the same sort of question.
Unfortunately I joined with a Broker who contacted me the following morning after I had visited the NEO2 link shown on the review website Binary Options Sentinal. The Account Manager for OptionBit gently persuaded me to deposit 250 USD so that I could begin trading. I have not been asked for any more money….yet. Do you think that there is something I have not been told and could expect to be receiving a bill for about 8k USD, or even that they will deduct it from my bank….or should I say try to deduct it.
Furthermore, Sentinal and other review sites say that it is a legal requirement that the broker will request personal details like passport copy, proof of address and a copy of the bank card used for the deposit transaction. Is this part of the scam, like identity theft.
I have become very concerned and this has played on my mind all weekend.
I would appreciate any sensible comments from anyone out there but please refrain from expressions of my stupidity….that I already know….but everything looked good after what I thought was a good due diligence.
My first trade on Thursday returned 19 USD ( account balance of 269. Thereafter the balance dropped to 223 then back up to 238 in the same day. On Friday my balance dropped to 218 and then 188.
The account manager Jeremy said if I had any questions I should message him. I have sent a few messages to him but no reply. I went on live chat at OptionBit but never managed to chat with anyone. All I was looking for was some advice on how to use the Autotrader.
It said you can select any one from the options below but there is now that I can see how you select it. When I log out and then log back in it shows another graph which seems to be the one that is trading at that time. But whether any of the that is genuine I don’t know, there doesn’t seem to be any way of checking that.
It’s no wonder they say that even someone with no knowledge of trading can use it. I have never traded before last Thursday so I guess I am the kind of mug they are looking for.
Any comments greatly appreciated.
Mike
mike.herod49@yahoo.co.uk
07941 540601
Any luck finding an Auto Trader that works? or something (trading education) that is at least legit for newbies to follow and make money honestly?
Hello, also am from Nigeria when i register it shows that my Country is not Supported, please Advise
thanks
Bihari, why do you want show off Nigerians here,we are saying that neo2 is a scam,and your still asking on how to sign up,is it good luck self,that you are able to sign up n be frauded. Pls stop mentioning Nigeria when commenting pls. Thanks anna
The fat guy in glasses with the Rolling Stones t-shirt was in a Super Bowl ad a few years ago as the nerd with a hot girl hitting on him. I think it may have been a GoDaddy commercial – but he was definitely on a national commercial.
I also have some experiences with NEO2 software and it is not a positive at all.
I’ve joined to this let’s say scam approx. 1 month ago. I deposited some money, started the software and waited what’s gonna happen. After a few days and a couple of trades I lost some money and I really didn’t think I would make a profit from this. So I’ve decided to stop the software and make a withdrawal request. I wasn’t pissed off because of the lost. Honestly I didn’t expect I’d make a profit from this, I just wanted to try. You know… what if. But I was ok with the situation so far.
But what happened a few days later was really strange and I highly recommend do not use this software.
Like I mentioned, my money were in a withdrawal process so that means I haven’t had any money on my broker’s account for using so there was no way to trade. I waited approx. 3 or 4 working days, and there still wasn’t any transfer back to my bank account. Then later someone called me from the broker’s website to confirm my withdrawal request. He also told me that there is a charge fee 25 euros when I want to make a withdrawal in the same month I registered my account. I replied that in this case I want to cancel the request and wait for the next month, to save my 25 euros. (It was not possible but I didn’t know that in that moment)
I still didn’t have any idea what they’re planning to do. The fact I canceled my withdrawal request caused that my money were again on my account ready to use for them. NEO2 software was turned off all the time (I personally turned it off and told to my broker that I don’t want to use it anymore), but in the moment when my money were back in my account someone immediately turned it on. Luckily I’ve noticed that and turned it off again. They of course constantly turned it on again, again and again and after a few seconds there were new 3 trades. After a call with not a nice words I explained them that I don’t want to use the software and they just told there was a bug and it’s beta version so it can occur. Lickily again, I canceled all my trades on time and lost only a few euros and made withdrawal request again because I was sure I can’t control NEO2 software.
Meanwhile I tried to find the information that I’d be charged after withdrawal in the same month I’ve registered but there wasn’t anything about this in the Legal Terms & Conditions. I also wrote to chat, to find out where is the information and they just confirm it is correct but couldn’t tell me where I can find it. After calling with finantial section they told me it is not in the Legal Terms & Conditions but it is still truth. I knew this is not legal but couldn’t do anything because I made my first withdrawal request (which I later canceled according to their call about charge fee). And another withdrawal request would be the second in one month which means they can charge it if they want. So that just was a sophisticated fraud with goal to take all my money.
Anyway, I was faster, I lost some money but not very much and I have a great experience I can’t trust this kind of websites.
Thanks.
Thank you for exposing this sick industry for what it is. I was almost a victim until i came across your site.
Most sites including many “review” videos on youtube endorse Copy Buffet and Neo2, what caught my attention was the fact that 99% were out of country folks reviewing, so then i signed up at Neo2 and were linked to secured options to deposit cash. I closed the browser and not 1 min later i received calls, i told them i am not interested anymore and since then i have received 14 calls with 3 different numbers including “unkown” (blocked) number.
I hope there is something out there we can use , i need pocket change to make family time a bit more special
thanks anna im from the philippines thank you for this post finally enlighten not to be scam by neo2 cos someone trying to convince me in facebook his name is joe pick trying to convince me to deposite 250 dollar
Hi Anna..I am newbie and I believe I have been sucked in and scammed. A friend sent me a video on whatsapp about a Chinese Millionaire group and how the whole village became Millionaires thru this mathematician …and showed ordinary western people confirming making $15000 plus a week. And you better sign up before the Chinese Govt stops the sharing. I suspected it was a scam…as soon as I deposited £200..I got a call from an account manager from Skyline brokers..wanting to know my objectives…then a senior broker got in touch and got me to deposit another £1000…we did four trades all lost money..suddenly £1200 appeared in my account..and then he deposited £500…next day we did2 trades of almost £1k each..one lost one gain…then he called a few days later..he wants me to join an event..but to convince his boss to allow me as I was still in a novice account..I should put in £1000… I did this and we did 5 trades…won lost 3… The deal that got me was a call on Brent Oil…to expire at 8pm UK time…I was following this trade…and if we had settled for 2.30pm or 3pm this would have been a winning trade..I emailed the broker and mentioned this fact…he did not contact me back for 2 days….He then contacts me towards the end of the month again..about another event..to get me to top up. At this point..I stopped taking his calls. I had lost £1400 out of £2200 I had deposited…I then started researching and found your favourite person and his group…and even subscribed to NEO2 and got assigned Secureoptions…already £25 went on a trade i did not even do. Suddenly I found having switched on the Auto trade by mistake..a trade went thru..to expire at midnight. I emailed asking bot Neo2 and secure options what on earth was going on…the email I got back did not answer my questions. I was informe by the same group that Daweda exchange was good bcos the Broker scam could not happen. I used the signals from Autotrader to generate some deals…lost all 6 of them…my first deal was a mistake by me..as I got the buy/sell wrong…I came across you blog by pure chance just now…I want to trade and do it well..not to make millions..but to generate a decent income…I am utterly confused as to how to proceed right now…because all I see are scams..who can you trust to give you decent training and brokerage since the broker sites are also manipulated.. Your advice will be greatly appreciated. I don’t mind putting in £500 and just cranking this up as I get experienced and have a decent winning structure. You are quite correct Anna how can you have a group on Facebook that you can not even find easily. Something stinks badly…emails are not answered. Thanks Anna for your great work
Dear Anna, I posted my experience so far earlier…thank you for removing my comments as it had my surname on it…and I wanted to lie low until I unravel all that is going on. I got into Neo2 to day with £250 and was routed to Secureoptions brokerage…And a deal just went thru without me doing anything…I queried it and no response has been good enough…I will post my detailed experience in the next few hours..The industry does stink..I am a newbie to Binary Options and trading financial instruments online; so i needed someone to hold my hands…and the broker I was assigned took advantage of me. Skyline markets is the brokerage…and I was made to deposit £2200..of which £1400 was lost in the first 10 days of trading…11 trades…5 wins 6 losses…this was why i decided to get knowledge and educated..and found our dear friend’s group on Facebook…and the joining process etc just made me a bit concerned..but I went ahead..signed up for Autotrader and then when I heard about Neo2 thought it was a good idea….Last night I trade using the signals from AT to trade on Daweda exchange thinking that at least the brokers can not manipulate prices etc…all my signals did not work..I lost 7 trades….I applaud what you r doing. But at this junction many of us need guidance on where to go and ger knowledge and the tools we need to use..and find a good broker…many of these names we see are sharks. I hope you can be of help, this is not a quest to make millions…but to get a good return on money invested and enjoy the process and journey
Dear Anna, As a follow up and update…the trade generated by Neo2 yesterday when i went closed at Midnight 6/9/16…it was a call on Eur/USD and I won…A fluke…
Hi Anna,
After coming across your excellent blog thought I’d
tell of my experience with neo2 and secured options.
I started on the 14th of July and deposited £250 in my broker account and as a newbie I opted to use the autotrader for my trading and to date it has placed 35 trades showing 18 wins and 17 losses leaving only £84 in my account. Howeverwhile the balance stood at £284 I decided after reading your blog to take my money and run. At this point no trades had been made for 5 days but as soon as I tried to make a withdrawal of the money by some strange coincidence 2 trades were quickly made or I should say the same trade was made twice at the same time EURO/USD at £25 each. These were rapidly followed By 2 more on sugar both at the same time and guess what? yes they all went down reducing my balance to £80. A strange coincidence don’t you think? I’d love to hear what you make of all this, because it stinks to my way of thinking.
Let the punters beware!
Hi Anna,
Thomas G again with the latest on my neo2/ secured options debacle.
Since my post earlier on today 2 more trades have been made, once again on sugar, with repeat of the previous With one trade being duplicated and costing £50 as they both lost and that only leaves me with a mere £30 which I can not trade with as the minimum trade is £25. What a result eh? Oh and I am only allowed to draw out a minimum of £25.
Still, I suppose they will give the £30 to charity. That is if they have a charitable bone in their bodies,but I doubt it. Here endeth my journey in the rip off world binary option trading
I to fell into the trap with Neo2 they do not reply to emails over 9 days 3trades 2 loss 1 win i had the same experience with Safeincome just another scam why don’t the athorities look into it and prosecute.Thank Anna.
I will advice people to stay away from any auto-trader or signal service that promises thousands of dollars a day.
And by the way mike freeman is an affiliate marketer check out his profile in LinkedIn it’s pretty clear once you see this:
https://www.linkedin.com/in/michaelfreemanjunior
hi Anna,
Have you had any feedback or have you had a look at CODE FIBO as I’m getting lots of invitations to invest. However just like neo2 it seems to have nothing but rave reviews. I’m seeking your honest as ever advice on this one. Best regards.
Please Read This http://brokerscamalert.com/code-fibo-scam/
Well Done Anna!
Thank you for your time and efforts to expose the scams
some of the NEO2 signal work if you trade manuauly on you trading platform with your investment bank trading platform
Hello Anna,
excuse my limited English, I wish to inform you that in addition to the two notorious scam NEO2 and CodeFibo where unfortunately I stumbled, I was also cheated by Automated Binary Robot.
In their page describing many brokers which are affiliated, certified and reliable, but unfortunately when running compiles enrollment in their robot I was sent to a broker that does not appear on their list, obviously a broker not certified, with a search online turns out to be bad.
I sent an email to the support of Automated Binary Robot asking to get my $ 250 and deposit the sum to Banc de Binary. I received a phone call in which reassured me that the BinaryBrokerz is a reliable broker, then despite my insistence to want bills of exchange with Banc de Binary them have closed the call.
On September 5 when I logged in BinaryBrokerz to ask the taking of my $ 250 I noticed that my account was suspended. I asked the reason and Iwas asked to send a series of my documents which I did immediately.
Up to date despite my reminders I have not yet received any response.
With this additional rip-off I will not believe any online earning system.
Just been to NEO2 site..This site should not be operating but it is… showing currency trading on a SATURDAY NIGHT ?????….. Nothing should be happening till Monday morning !!!!!… on any signal trades… So where is NEO2 site getting this faulse incorrect info from?????? Has to be wrong !!!!!
NO Trading in Binary till Monday
Hello,
As many people commented above i am very thankful myself for this truthful review of NEO2. Glad I found it before I put my CC info into this scam. Wish I did the same before I was brutally scamed by ISEAUTOBOT. This is another company who offers software for $700 which produce accurate signals.
$700 I paid was only the beginning. Feeling very damn right now that I got on their hook. After I paid initial money I was asked for additional $5000 to in-sync with my broker CTOption so I don’t need to trade for needed volume (I got bonus from my broker. BTW, don’t exact any bonuses, its a trap!).
Than they ask for additional funds to get to the level with the best signals. I am not completely naive but those people are definitely smarter :). They represented their scam system that there is no way to go back but forward. $15K later and I haven’t heard from them. Please be aware of ISEAUTOBOT. Scammers!!!! Borris Asher refers to them.
My advice: do not rely on any magic softwares or robots. Learn yourself trading and be your own boss.
Thank you Anna again! Please keep up with your great work!
Another mind blowing one that brought me into researching about neo2,which brought me in here is profit infinity. If am not mistaken I think its another freeman trick to review negative of an auto trader then introducing you to neo2 which he said its best. I doubt n make research that brought me in here. So we should also analyze profit infinity by Mark, cus I think it is another scam, though. Thanks
Whew!! Thank god I came across this. I posted a couple of comments on watchdog and no wonder they didn’t get posted. And I was about to sign up for Neo2. We should work on creating more awareness.
Anyway, anybody heard of Vector Kingz University? I’m thinking of signing up with them but would like to know if anybody has any sort of experience with them.
Thanks for all your reviews and comments. My experience over the past few days – BEWARE!!
I must admit there are a lot of mixed opinions about Neo2 and this one really stood out as being legit compared to the rest so it got me curious to at least sign up and check out the platform.
It assigned me to Banc de Binary which I immediately researched and once again got mixed reviews but mostly about people losing big sums of money or having severe problems withdrawing if they were lucky enough to build a balance. I never had serious intention of depositing funds, but maybe curious to put the min 250 and see what happens but something didn’t sit right in my gut, so I put everything on hold.
Here is my experience with NEO2 ‘registration’ stage. Within less than 24 hours of filling in only my name, phone and email my phone has been ringing NONSTOP – mostly +44 London numbers and the odd different prefix from somewhere in Europe by all these random brokers (based in Cyprus calling over VOIP) trying to convince me to deposit with them. Some advising binary options and others trying to take the high road and say avoid Options but stick with Forex or Commodities etc but at least 30 calls day and night, most of which i ignore or quickly tell them i’m NOT interested 100%!
I’ve come to the conclusion that NEO2’s business model is to sell ‘HOT LEADS’ to other companies and earn a commission for every number & email they sell. It’s all about a slick website along with a slick PR (fake review/watchdog sites) and slick marketing campaign. All they want is your details, so think twice before giving them up.
Surely if their system is that good they would just use it to trade for themselves with the supposed edge it gives with the weather and build a massive bankroll. Don’t get sucked into their urgency to not miss out before the kickstarter campaign… my bet is that this will continue for another 12 months or so before they create some new BS spin.
I’m glad now I resisted depositing & hopefully can save others the headache or the strong possibility they will lose whatever money they invest this way.
Thank you Anna for this article. It saved my money. I’m a new to binary options and trying to check carefully but this one really seemed to be so true. I’ve signed up and wanted to make a deposit but thankfully my bank blocked the payment and they then text me that not only the broker wanted to debit my card but also another trading company from China wanted to debit my card for 270 pounds! Thank God, no money were taken and I have cancelled my card and applied for a new one. I was still thinking about making a deposit but after this review I’m not going to do this. Is there anyone honest on the market these days? Thanks again Anna.
Hi Anna.
This is a very well written article about this software that claims to be legit. It is indeed a scam and unfortunately I was one of the person that have been scammed because I was so eager to start with the software before to do a better analyze of it. Even all those reviews out there, claiming to be a legit software, blind me and fool me.
Still, after opening the account I start analyzing the software platform. Having background in software development I could analyze the platform and I can assure you that those signals that appear in software are nothing else than some random numbers generated for some particular assets.
So I am glad that someone write a detailed article about them and there scam software.
Really these brokers,do play some part in our looses,they won’t give you a break,once you open an account,until you make your first deposit?,there after they disappear,or aren’t you still amazed how you won in some of your first trade. It took me about two years? to figure out the secret of binary options,before now I have lost about $47000,but now I make $10000 weekly,the secret is simply the SWAT.V strategy .it awesome, and you can also recover your lost in your past trades with this same strategy I bet you..I guess you try it out and see…. if ya interested just mail me (victoriablinks266@gmail.com)
Hi Anna, I have also recently joined Neo2. I put in $500. I have lost $20 000 with a previous trader. Tried to get hold of them with no success so decided to try Neo 2 as I have lost my entire savings. Any advice of which Binary traders we can use use that are not Scammers. I would be very grateful as I am of pensionable age and need to regenerate some of the savings back before I can retire.
In case my earlier submittal did not get through, I will register one more time. Maybe it will save someone from losing their life’s saving!
I have been registered with so many false fake vendors that it’s not even funny any more. (not that it ever was!
Wow! Its is important to always go with your instincts! I smelled a rat in Mikes Auto trader and Neo2. I wanted to sign up but the ridiculous amount of return was unbelievable. A simple business principle for me, “if it is easy then it’s not rewarding”.
I came across both platform two days ago and I began to research on it. Your reviews just confirmed my doubts. It is without a doubt that I will continue using my IG trading account given that it has a no gimmick history and it is well regulated in the UK.
Thanks so much for sharing this Anna.
Hi i wish i had found your comments before depositing $250 USD with secured options to use the NEO2 auto trader. Which is $350 AUD as i live in Australia. I haven’t started with the neo2 trader yet as i have to go through the identity process. Where i have to send a picture of my drivers license, copy of utility bill , passport number and i have to fill out a declaration of deposit form . I now realise this is a scam . Do i go through with the identity process and run the auto trader for three trdes then try to withdraw my money . So i atlest get some of my money back . Or do you advise that i don’t do the identity process and just put it down to a loss of $350 AUD . Any advice from anyone which would be most appreciated. Im so confused and dont know what to do . If anyone would like to give me some advice my email is cherrybomb.ck@gmail.com
Anna. Thank you for revealing this scam.
I would like to ask you which binary options broker would you recommend that is reliable regarding the funds and payout and that has the most reliable platform. I have been trading with Topoption but you have to refresh the platform constantly to be able to make the investment and after that you fail because the time period you wanted to invest changes and the investment value also. I have already made too many mistakes this way.
Thanks in advance.
Andrej Božič
I am really grateful to Bailey Aart for his help in my trading life, i really benefited greatly from his profit am getting from his trades with his strategies given to me without any fee, i was once an epitome of losing and i thought Binary & Forex Trading ain’t real and to good to be true, but now am currently earning great profits, and i was finally able to recover all that my brokers(s) took from me without allowing me to withdraw all through his help i really thank him for his support and i just have to share here that not all are the same as we think they are, they are really people who are God fearing and kind to be with, you can feel free to contact him via google mail @ baileyaart1199 if you have a problem and he might want to help with his kind heart.
Well, here we go again. I really can’t understand how your legal laws let these parasites put this sh*t on the internet hoping to catch honest people, mostly low on finances hoping to better themselves. Personally I would call this fraud! These systems have been on the internet for a few years now and you would EXPECT the authorities to rip these systems off the net and prosecute these parasites for these fraudulent systems along with the DISHONEST BROKERS that peddle them. They should all be made to show proof to the authorities that they work in favour to the purchaser, and if not then prosecuted harshly if found on the net. With all the technology the governments have it not hard to get rid of these parasites. And yes I have tried some of these a couple of years ago and was smart enough to give them the flick. Remember, when in dout search the net for reviews/scams and it will more than likely save your money.
What is your take on optionrobot and Automatedbinary softwares? Do they claim to generate profits?
Hello my name is Lawrence kamara are need a help how can are register with new square