In GreenWood Formula’s promotional video, which you can view here, the creator of the formula ‘Jake’ promises to make any users of the formula hundreds of thousands of dollars within the next few months or he will personally give them $10,000 out of his own pocket. Of course, as he repeatedly emphasizes throughout the video, he has never had to pay out the $10,000 before; such is the power of his awesome formula.

If you are lucky enough to be one of the exclusive group of people he invites to use his formula, you too will be able to live a life of luxury like the kind that he advertises in his video. The GreenWood Formula is free, of course, because Jake just wants to give back to the community since he already has so much. What a great guy!

So is GreenWood Formula the real deal? See our answer below!

What Is GreenWood Formula Robot?

As anyone with half a brain can deduce, GreenWood Formula is nothing but a generic scam with some outrageous claims. Just one look at their claim of making their users hundreds of thousands of dollars within a few months should be all that you need to know to point this out as a scam. It is impossible to make that amount of money trading binary options unless you yourself are depositing hundreds of thousands of dollars into your trading account. Making that amount with a minimum $250 deposit? You are only kidding yourself. Notice also that there isn’t a single mention of how his system actually works; we figure the scammers make these videos so unrealistic to ensure that only the most gullible people get roped in.

And as for Jake’s claim of giving you $10,000 out of his own pocket? You’ll have a better chance of the Tooth Fairy dropping off $10,000 under your pillow; Jake will never pay you the money because he is a struggling actor who needs to appear in scam videos to pay his bills.

If you watched the video, you might have noticed that ‘Jake’ never mentions the word ‘GreenWood Formula’; this is deliberate because this video has been reused for other scams such as the Cambridge Method. Cambridge Method reuses major sections of the GreenWood Formula video. The actor was also the main character in yet another scam robot: The Profit Maker Method.

And as for the video testimonials? More actors giving fake testimonials; we recognized one of the actors in the GreenWood formula video as having a cameo in another scam; the Amissio Formula.

Screenshot

How Does It Work?

These scams are all the same: free upfront at no cost to you, all you have to do is fund your trading account with their partner broker and begin using the robot! What most people don’t know is that these scammers make their money via affiliate commissions that get paid from their partner binary options broker when someone funds their trading account through the robot. This is why the scammers don’t bother to go into too much detail about the robot; ultimately its performance is irrelevant as the scammers have already gotten paid before you have even started using the robot.

In our case, we were unable to be redirected to a broker when using the GreenWood Formula website; it appears the scammers have already moved on to their next scheme although we are sure they will reuse the promotional video and its message again.

Final Conclusion: Is GreenWood Formula a Scam?

GreenWood Formula is nothing but a scam that makes some highly fantastical claims. Anyone with basic critical thinking skills can see this for what it is- a lousy scam, and like all scams, the GreenWood Formula should be avoided entirely.

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