Millionaires Code Review
The world of online trading is often a confusing and intimidating one for beginner traders. Filled with complex and new terminologies, it is not surprising then that these new traders to want to look for a way to lessen the intimidation which this new strange world poses to them. And one of the ways which many traders have turned to recent years is with the use of automated trading systems or trading robots. However, new traders can never be sure if the trading system which they want to adopt is a legitimate trading solution or scam which why review sites such as ours represents an important resource for them to depend on. For this particular review, we will look at a trading system called the Millionaires Code. The trading system is said to be able to help its users generate more than 2 million dollars in a year. So the question is can the Millionaires Code really make you a millionaire within a year? Read our in-depth review of it to find out.
Software: 100% Automated
Max Returns: Up to 88%
Minimum Deposit: $250
Countries: All nations
- Free Signup
- 24/7 support via live chat and email
- No Validation Data
- High Subscription Fees after the initial 2 months of usage
- Having to deal with an unregulated broker
Not Reliable Service
What is the Millionaires Code?
The Millionaires Code is said to be the brainchild of an attorney by the name of Matt Daniel. Together with his team of specialists, it took Matt 3 years to develop this trading robot. The trading robot is supposed to be able to help its users generate more than 2 million dollars profit yearly and hence the name of the trading robot. While these earnings claims are pretty impressive, the developer fails to provide any concrete evidence that the software is able to achieve such a feat meaning such claims are more likely an exaggeration rather than the trading software actual ability.
How does it work?
So how does the Millionaires Code work? Essentially, the trading software uses trading algorithms to analyze the markets based on the data gathered. And based on the analysis, the trading software predicts the likely direction of the price movements and automatically places trades in the direction predicted. As a result, the Millionaires Code is able to achieve a high accuracy level of 87%. Nevertheless, we have to remember that all these claims are mere conjectures as no validation data has in fact been provided by the software developer.
To entice traders to sign up for the Millionaires Code, it is provided free of charge for the first 2 months of use. After that, users of the Millionaires Code have to pay a subscription fee of $200 per month which is quite high considering the total amount that you would have paid if you used the software for more than a year.
In order to gain access to the Millionaires Code, prospective users are first required to open a trading account with the recommended broker. After the funding of the trading account with a minimum of $250, you will then have to decide if you want to trade in auto mode or in manual more.
In retrospect, there is nothing much to shout about the Millionaires Code. From our observation, it is just a gimmick used to convince new and gullible traders into committing themselves to trading with an unregulated binary options broker. The sales pitch of the promotional video claims that the trading software will change your life with the amount of profits that it can help you generate. The best part of the pitch is the one which stated that the software is available at no initial cost.
And as we have seen earlier, none of these claims are true of the Millionaires Code. What it actually is a scam which has been concocted by scam artists to bleed you dry under the pretense of making you a millionaire. So we strongly advise our readers not to be taken in by the empty promises of the Millionaires Code.
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