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Is Millionaire Shield another SCAM?? A Questionable Auto-Trader at Best!
The question arises if Millionaire Shield is legitimate or another binary options scam. If you’ve come across this new trading software by Steven Hulsman, we suggest you read the following Millionaire Shield Review before you get sucked into their sense of glamorous appeal and register an account.
Mr Hulsman is supposedly a part-time hedge fund manager, philanthropist, and our alleged CEO of MillionaireShield.Com. With his 30 years of experience and a team of Software Engineers, Steven claims to have “improved” the outdated algorithm within all binary trading programs which causes all binary systems to fail. As you know, recent economical issues has occurred this year such as the Greece Financial Crisis, the Chinese Yuan devaluation, and other financial restrictions, causing drastic and emotional life changes for many people. But within the Millionaire Shield System, his new & improved formula operates with a 95% prediction success rate and generates $7,500 per day. His selling point is Millionaire Shield will be our only protection from future economic peril.
The creator of the Millionaire Shield Software presents a fearful narrative to its viewers about inevitable economical failures, investors losing huge amounts of money, and the biggest unavoidable market deviation. “Another financial Apocalypse is brewing!”. With these dreary descriptions, we couldn’t help but recall of recent binary scams we reviewed like The Currency Code Counter & Occupy Wall Street , who used similar dark scenarios. Through our experience of debunking Fraudulent websites, scam-artists favor stories of “eminent danger” as scare tactics for implementing a psychological effect. We’re certain this Millionaire Shield Trading System is focusing on targeting binary newbies with its horrific approach, along with its attractive platform layout.
↓Click Pic For Bloomberg Magazine Article↓
If you’ve watched MillionaireShield.Com’s introductory video, they show you the above screen shot of a Bloomberg Business article regarding a Japanese individual who banked $34 Million during a crazy and paralyzing financial week. Steven Hulsman would have you believe this day-trader acquired his fortune by using his Millionaire Shield Software. Foolishly and to our surprise, the given bar-code connected us with the existing article. However, by investigating the column ourselves, we learned this unidentified investor successfully profited by “betting” against the market with purchased & sold Contracts, not Bianry. REMINDER: Binary Option Trading doesn’t involve the purchasing of any Contract or Shares; only the prediction in direction of an Asset.
Advice: Stay Away from Millionaire Shield SCAM.
Because the automated Millionaire Shield System hasn’t been publicly released yet, its difficult to decide on a conclusive verdict regarding its capabilities. When unraveling the truth behind any potential trading service, its important to review customer performances and feedback for further discernment. Unfortunately, all current “Millionaire Shield Reviews” & Millionaire Key-words on Google Search result in websites promoting this automatic trading tool without any factual evidence of reliability. It is said you can predict the unknown future by studying the past, and within the past few months, every binary product promising a millionaire-status and luxurious fantasies have all proven to be useless money-making schemes. Overnight Million-Dollar makers simply don’t exist.
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Forget about this bogus opportunity for a moment and lets be REAL! The Binary Options and Forex Industry is an extremely lucrative business that offers a plethora of legitimate solutions for everyone. No matter if your a beginner or professional, many tools are at your disposal to fully optimize maximum results. Browse through PrestigeBinaryOption’s Recommended Services Section for proven, tested, and effective alternatives. Thank you for reading our Millionaire Shield Review and let us know of your opinions or experience.
Other Self-Made “Millionaire” SCAMS to avoid:
5 thoughts on “ Is Millionaire Shield another SCAM?? A Questionable Auto-Trader at Best! ”
Great post. I was checking this system out earlier but youve definitely proved they are just another scam. thank you!
Definitely DON’T join the Millionaire Shield Scam. I registered an account with Millioanireshiled.com and their software performance doesn’t even come close to the lies they feed you in their website. I fell for it because it looked legit. I contacted my broker but they have no dealing with how the millionaire shield application works so I have to get in touch with millionaire’s support. It’s been 2 days and no response. I’m beyond pissed. Take this as a warning everyone!
Im sorry to hear of your current predicament with the Millionaire Shield Software. Chances are you will not hear from MillionaireShield’s “support team” because their either non-existent or they only reply if you say you’re ready to deposit with them. Your best bet is to STOP using their software or withdraw your funds completely from their recommended broker.
We appreciate you coming forward and informing us of your experience. Remember you have every right to file a dispute with your bank and inform them of fraudulent activity. Credit disputes are generally honored in favor of scamming victims
Oh man! I feel bad for Steven. I saw the millionaire shield system in an email message and thought it could be credible. I’m new to binary trading so my intellect on these matters aren’t so great.
PrestigeBinary, thank you for posting your review with supporting evidence. And thank you Steven for letting us know
Millionaire Shield App is a Scam? Results Inside..
I’m not going to waste your time and I’m going to tell you straight up that the millionaire shield is a SCAM! Y es! It is, kindly take your time to read my full millionaire shield app review because if you sign-up, you’ll surely lose your money.
The image shown on millionaireshield.com of their CEO Steven Hulsman is just another picture downloaded from shutterstock.com (Shutterstock.com/stock-photo-portrait-of-a-senior-executive). Now, let’s apply a logical reasoning for a minute here, if the millionaire shield app was so promising, one would assume that the owner would be proud of his innovative venture and identify him/herself, instead of hiding behind a fake snapshot, as reviewers and traders are aware, the binary option market is undergoing a heavy disorder. The financial crisis in Greece, the devaluation of the Yuan, the problems in the USA, all of these events have had a negative effect on the market. Now, millionaire Shield app is supposed to be able to lead us through these hard times, showing us a way to profit from the downfall of others and a way to cash in while others are panicking. Sure, most traders, even the strictly newbies, know the old saying “Buy low, sell high,” but to openly encourage people to gain while others are losing is a nasty way to go.
The claim that this Millionaire shield app can produce a 97% win rate in trades is just crazy out of it, even newbies to binary trading must realize that this figure is just another mirage in the air and part of the scamming rip-off that is being perpetrated by the millionaire shield app owners. The claim that this millionaire shield app scam claims to be able to earn a profit of $6,200 to $7,500 per day is so much of a lie. Most new trading systems will claim that a trader can earn that much in a week – but in 1 day, oh please, we are not daft enough to believe that!
To further complicate the issue, the founder of this millionaire shield app scam claims that this Millionaire Shield app can actually predict the next global financial crisis, whether it is with the Yuan, the Euro, the USD or the Yen, by using its new and updated algorithm. Even though the Millionaire Shield Signals App has appeared in the binary options market quite recently, the millionaire shield app review from reviewers are warning all traders not to trade on it, mainly because the millionaire shield scam claims about the app are just too extravagant and unrealistic.
The team behind the millionaireshield.com scam tells us that they can revive our dreams of becoming a Millionaire through their millionaire shield app. It is a bit cruel of them to raise peoples expectations high and to offer unrealistic hope. The so called Future Proof System is just been overrated. The Morgan Stanley reports that 16 million dollars is there for the taking, left over from the latest market fall is more blather – Mr Steven Hulsman says he is a philanthropist, but he is no more a philanthropist than any salesman trying to get rich quickly. Not only is this an irresponsible comment, but all the actors in the testimonials who agree with it are Very Bad Actors. The millionaire shield review is one hell of scam, asking traders who have had some experience using this millionaire shield app to send their stories to review sites, so that they can develop a fuller picture of what the Millionaire Shield app is all about. The millionaire shield app is definitely a scam, just like Automated Cash Signals was. Don’t fall for these fake promises of making easy money. If you want to enjoy success with binary options trading, you need to be smart and patient.
Conclusion on The Millionaire Shield
Yes I believe this is definitely a scam and you should avoid it. I will be adding it to my growing list of Binary Options Scams Here
Don’t forget to share this post to help save others from falling victim to these scammers. Also check out my recommended brokers and Binary signals services
7 Binary Options
It seems that every day there is a new binary options software program appears like magic online claiming to be the best of the best. And yet, so many of them turn out to be pure frauds. So how does one tell the good from the bad?
We have taken it upon ourselves to review one of these newer systems: Millionaire Shield. In our Millionaire Shield review, we shall uncover the truth about this latest binary options software scheme.
Software: 100% Automated
Max Returns: Up to 86%
Minimum Deposit: $250
Countries: All nations
– 100% automated trading signals
– Easy to use for those new to trading
– Lack of customer services
– Missing information on company website
– Profit margin is completely unrealistic
– Way too many complaints from traders who lost their investment
Not Reliable Service
What is Millionaire Shield?
Stephen Hulsman, the creator of the Millionaire Shield, tells us in the preliminary sales video that his creation can earn traders millions of dollars while “shielding” them from a sudden market “crisis.” His software supposedly is comprised of a series of complicated algorithms designed to predict binary options trading signals no matter what the current status of the market may be. He does not explain how this works, just rattles off a bunch of mumbo-jumbo that frankly does not make any sense.
Upon further investigation, we have discovered that Stephen Hulsman is not who he claims to be. Rather he is a paid actor from Fiverr.com, a popular site for scam actors it appears. Nor could we find any relevant information to prove that the Millionaire Shield is a legitimate organization. We have our reasons to doubt the validity of this trading software.
How does it work?
Millionaire Shield is a fully automated trading robot, so all you need to do is sign with one of their brokers, pick your trading settings and let the system make trades on your behalf from its supposed guaranteed trading signals. According to Hulsman, Millionaire Shield can earn up to 7 grand a day. Again, as we have stated in previous reviews, this number is just not realistic. Binary options trading can be very profitable, but no system can generate this amount of money for one trader in just 24 hours.
Also, despite the claims made by the CEO, Millionaire Shield is not free. This goes for any trading software program. There may be no additional costs for the software, but you cannot access the system until you have funded your account with an opening deposit. The average is at least $250. Of course, you can use this money for trading, but don’t let anyone tell you that it doesn’t cost a dime. You will always need to fund your account to begin trading.
We also discovered in our investigation of this system that none of their brokers are regulated so this means that they do not have to answer to a governing body. This does not bode well with us. We highly recommend that you avoid Millionaire Shield and opt for a more trusted trading system.
Final Conclusion: Is Millionaire Shield a Scam?
We do not have enough proof to say for certain that Millionaire Shield is a definite con, but we are leaning toward this assumption. The projected earnings are just too far-fetched. Also, the lack of customer service support leaves us a bit weary as well as the fact that we cannot find any solid information on the company. And as we mentioned the creator isn’t even a real person. We advise that if you chose to use this system then do it with utmost caution. It would be in your best interest to opt for a more tested and accurate trading system.
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