97 Partners is so named because of the way the creators make their profit through the system; the user will keep 97% of the profits and they will take 3% as commission. How very generous of them.

97 Partners was created by Simon, an alleged professor at a Swedish university. He was approached by a large unnamed investment fund to develop the binary options software which he did, taking advantage of his access to their entire R&D department. After five years, he finally completed the software in 2009, however, the investment fund maintained its intellectual license over it for 5 years, which is why the software is only available to the public now.

Is 97 Partners yet another bogus scam? Keep reading for our answer!

What Is 97 Partners Robot?

As you may have well guessed by now, 97 Partners is nothing but a low-effort, recycled scam. The first thing is that they promise risk-free profits of over $4,000 a day, which as anyone who has even the most basic knowledge about trading knows, is simply not possible. And the reason we called it a recycled scam? Simple, the promotional video for 97 Partners is simply just an edited version from another older scam robot known as 30 Day Change. Watch their promotional video on their official site here and see how they’re basically the same video. Of course, because the video is just recycled from another scam, the profit claims in the video also do not match the claims on the website.

This explains why the dates on the screenshots shown in the video are all dated in 2014, because that’s when the 30 Days Change scam site was registered. The 97 Partners site, however, was only registered in 2016. Needless to say, all those screenshots of bank accounts showing ‘proof’ of profits are just simple Photoshop jobs.

In this particular case, the scammers did not bother to hire an actor to play ‘Professor Simon’ however they did have quite a few Fiverr actors give bogus video testimonials. Another common tactic used by scammers is the use of stock photographs for fake written testimonials. This is of course clearly used in said video.

Screenshot

How Does It Work?

The way all these robot scams work is by promising you no upfront costs (a common line they like to say in their videos is ‘put your credit card away’) to lure you in and then redirecting you to their partner broker. When you fund your trading account with the broker, which in the vast majority of cases is unregulated and in many cases totally untrustworthy, the scammers will receive an affiliate commission. By doing this, the performance of the ‘robot’, which is just a generic white label auto-trading software, is irrelevant. Also, they will keep your email and phone number for future scams, spam, and other unwanted solicitations.

In our case, when we tried to sign up with 97 Partners, we found that the site was not functioning properly and was unable to redirect us to a broker at all. Nevertheless, given the proof we have shown above, our readers should be aware by now that this is a pure scam robot.

Final Conclusion: Is 97 Partners a Scam?

97 Partners will not make you over $4,000 a day as it is just a lazy, low-effort, and recycled scam. We would not be surprised if the scammers behind 30 Day Change are also the same scammers behind 97 Partners although there is also a possibility that is just one scammer stealing from another scammer. Either way, give this poor scam robot a definite pass.

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