If you are worried about falling for a scam then steer clear of Pump Trades. There are few websites that are so obviously scams as they tend to cover their tracks well and look quite legitimate but this one is most certainly one. It is difficult to find a legitimate binary options software mainly because 99% of them are scams. There is a lot of interest, as there always has been, in making money online and as people get more desperate they are more willing to actually put their money down on random options like these without even the slightest research. This is mainly due to the fact that there is always that push for time, always that rush to fill the spots, and always that opportunity that will slip away if they don’t act now. Before you continue, let me assure you, there is no time limit. The only time limit it until the software is revealed and the website is shut down because it is nothing more than a scam.
What is the Pump Trades Scam?
Well, the basics are all the same with these scams. This is a binary options scam that claims to make you a millionaire in just a year. They claim that this system costs $2,990 but today they are offering it for free for a short time only and you must grab the opportunity now before it’s gone. The software is based on the FGTX FX algorithm, but there is no information about this algorithm or what makes it so special. They claim 92.5% accuracy which is rather high, but there is no guarantee or real possibility of ever reaching that kind of high return.
The reason that they claim that anyone can get in on this is because the software is completely automated thus doing absolutely everything for you. You just give them your investment and they lose it for you, taking your money and the fun out of it. In the first video that is absolutely no mention of the investment you have to make. If you are not familiar with trading or binary options you may even think that there is no money you will risk but in fact, that is not true. There is a minimum of $250 deposit, and recommended $500+ deposit which has a very high probability of being lost forever.
Proof why Pump Trades is a Scam
Finding anything honest on this website is actually hard. There are so many lies and so much evidence that this is nothing more than a fake software meant exclusively to rob you of your hard-earned money and possibly your identity once you provide your personal information.
The video, just like the numerous other scam website videos, starts automatically and cannot be controlled. At least they didn’t cover up the YouTube link so here are the 2 videos for the website: First, Second.
There are a number of testimonials of people claiming that they have made money with this software followed by “These are not actors” text. Unfortunately, this couldn’t be further from the truth as each of them. I have tried to research Mr. Stewart in hopes of finding some sort of information about him but none could be found. Every bit of information I have found on him are reviews and the official website. There is no profile anywhere else, no further information about the product or the CEO that is not directly connected to the official website or fake paid reviews.
Why do you think there are so many positive reviews of the Pump Trades software? NO one will write so many positive reviews out of the goodness of their hearts. Hell, they’ll be making their millions! Who has time for that when you are a millionaire? Well, most of these scams, as well as many legitimate websites, actually take part in affiliate programs where they pay a LOT of money for positive reviews. This is actually why you NEVER believe a positive review. Here is an offer to potential affiliates from the Offer Vault. They are offering $1.95 on all traffic and $250 (yup, the minimum deposit amount) for every conversion. If ever while reading a positive review and click on the provided link the address bar shows not only the website but also ?clickID= followed by a bunch of numbers and symbols then you are dealing with an affiliate.
Visit their Leaderboard Page where Affiliates compete to see how much money they can earn through their affiliate program. Opening it you see nothing, but highlight the page and you are revealed the amount of money their affiliates are making from marketing this software. Imagine the amount of money they are making off of scamming people in order to pay this kind of cash. Example is the nisxxx who is at the very top of the leaderboard with 40 sales and has made $3000 from marketing this software.
Unfortunately, the written testimonials were well covered up so it was impossible to actually track them down. I did try to find the individuals by name and was unable to find anyone by those names matching their images. The video testimonials on the other hand are a whole other story. They claim that the video testimonials are not done by actors but in fact, that is not true. They are cheap Fiverr actors and here is proof.
Here is his Fiverr Profile
If one is an actor what makes you believe that the rest are genuine users of the software.
In the FAQ they clearly state there will be live updates in their Facebook and Twitter accounts but unfortunately none were found. There are no links and my search came up with nothing. Why would they create these accounts when they will be opening a door to real people actually discussing their software and revealing it’s a scam.