Hey guys and welcome to today’s post which deals the CFD Society review. This is a new binary options trading software which became quite viral “thanks” to some scammers with interests. But today we’re going to expose the true about this trading software. So make sure to read this CFD Society review until the end, before you commit to use this questionable signals service.
There are so many wrong things and misleading information about this auto trading platform that it’s hard to know even where to start. First of all, in oppose there is no connection to CFD. If you have some knowledge in the investing field you’d know that CFD stand for Contract for Difference. This instrument traded only in certain stock market exchanges. However, in the case of the CFD Society it appears to be a cover for a binary options scam with dubious unregulated brokers.
The second thing we detect right away is their promise for a free participation. But, when it comes to signing up, they will require you to deposit money. Some brokers tell you need to to fund at list 500 dollars. In the best case, you’ll be able to start with a minimum of 250$. In any case you should expect to lose it all within a few days and up to one week. That, according to real reports and evidences from clients. I’m not talking about fake users or fictive profiles which get money to provide a recommendation. It refers only to real people who trade and you can actually verify these details with them.
Another lie is about the software being a fully automated robot that trade for you. They claim thay in order to use the system you don’t need to do anything beside setting the platfrom on.
The truth however, is that it’s just a regular signals service. You receive online indications and need decide whether to apply them or not. That by itself is not a bad thing. But in addition to the previous two deceiving pieces of promises, we already have several essential details regarding this trading software which are simply not true. It looks really weird and suspicious. But let’s go on and discover some more facts.
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Is the CFD Society System a Scam?
The creators of this scam attempt to sound realistic with their guarantees and predictions. But even that they are not doing consitantly. At one point you can hear how valuable their robot is that it can generate many thousand of bucks every single week. At different stage they claim that you would gain only up to 60,000 dollar during the year. These two don’t really go together if you know how to apply basic math calculations. But what do you expect from a bugos app called the CFD Society, which is not involve with CFD, don’t tell you about the coests and trying to full you that this is an auto pilot trading system.. So in reality, if after reading this ojective CFD review you decide for some reason to register, don’t expect to make 60 thousand and not even 20 dollars with this fake offer.
The character who’s behind the CFD is a person that presents himself as Chris Chase. According to him, he is one of a kind and hold a big secret of how to become rich from trading. If 99 percent of the Forex traders lose their money, then he belongs to the 1% that actually make money in the foreign exchange markets. At least that what he claims. The story in the CFD Society website is that Chris refused to work in a big Forex brokerage firm. The reason was that he wasn’t happy to hear the claims which state that the big majority lose their investment while trading Forex.
Instead of being a part of it, he decided to give up on a huge celery in order to help traders to change this statistic. He will do so by providing a high quality signals service which will be given for “Free”. As much as we’d be glad to believe such a nice story, allow me to be skeptical. Who would give up a prestigious work and a million of dollars worth software, just in order to help traders for free? The answer is NO ONE! If this saint Chris was into charity he could have done so it in much proper ways.
He could trade on his own, making fortune, and then help hungry people and families in need for some food and money. Beside, if he is a part of only one percent which make money in the currency market, he wouldn’t say you can make 60 thousands with his methods. His profits should come from the other 99% losses and should sum up easily to millions if traded properly. In other words, nice try for a touching story. But as you already know reading so far in this CFD Society review, nothing about this Forex trading system is genuine.
CFD Society Scam Exposed!
Not surprisingly we found out that Chris Chase doesn’t really exists. Apparently, this is an invented character. It was made up to serve the story line of this scam signals program. The person himself is an actor taken from stock gallery website. It means that for a few bucks you could also use it to promote whatever product you want.
If all of these are not enough for you to believe that we are dealing with a fraud money scheme, there is more. To get rid of any doubts, let’s end this CFD Society review with two more facts. First of all, they use a well known pressure tactics of available licenses. Any time you visit their page you’ll see all kind of numbers, supposedly indicate that if you wont hurry up you’ll miss the chance to get in and join this signal provider. But, in practice there is no meaning for these numbers. It changes randomly. Once you refresh the page or visit again, the figures will be different. One second you might run into no available spots message, and a second after there are suddenly 100 free spots, interesting..
Lastly, the CFD Society scam use fake positive testimonials to make the offer looks legit. How do we know it’s fake? Simple, because they use paid actor from the site of fiver.com. Of course, there’s no way to actually contact the people and verify their stories.
CFD Sociey Bottom Line
Let’s sum up this CFD Society review shortly. There is no even small doubt about the legitimacy of this service. It supposes to be a Forex signals trading software. But this is clearly a scam, similar to many other we already exposed, especially in the Binary Options market. They use the positive reputation of other auto trader and try to imitate their success. But they do it only on the surface, make it look the same. In reality, they do not provide any value with the actually product. The sole purpose of this type of crooks is to make you give away your money, and steal it. In two words – Stay Away!