Perpetual Formula is a SCAM!! Detailed Review!

Екілік опциялар брокерлерінің рейтингі 2020:

7 Binary Options

Perpetual Formula was developed by David Parker, the former head of a Wall Street trading firm, specializing in High Frequency Trading. His firm made well over a billion dollars for his clients and he soon decided to strike out on his own; bringing his team with him. Of course, while Mr. Parker is a wealthy man, he is unlike other wealthy people who he claims likes to laugh at the misery at those with 9 to 5 jobs. Nope, he is the good kind of wealthy person, so good that he shares his software with select users for free! That’s just the kind of person he is.

And as for his binary option software? It works by analyzing the news and using machine learning technology is able to predict with 100% accuracy how the markets will move. They claim that the software has not been wrong once since 2002 and its results are guaranteed. You can find the entire story in their promotional video here.

So is Perpetual Formula the real deal or just a real scam? Check our answer below!

Basic information:

Cost: Free
Software: 100% Automated
Max Returns: Up to 90%
Minimum Deposit: $200
Countries: All nations

  • Fake claims and testimonials
  • No real information at all provided

7BO Verdict:

Not Reliable Service

What is Perpetual Formula Robot?

As you can probably deduce just by taking a cursory look at its claims, Perpetual Formula is a laughably unrealistic scam. If there really was a formula that could predict with 100% accuracy every single market movement for over a decade, then its creators would be richer than Warren Buffett and Bill Gates put together. As anyone knows, there is no such thing as a 100% guarantee when it comes to trading, binary options or otherwise. Anyone who claims a 100% accuracy rate in trading is simply selling you a fantasy.

Let’s take a look at the video itself. ‘David Parker’ is likely just a local actor from Portland, Oregon, where many of these scam videos are shot. While we were unable to confirm his exact identity, we did recognize a prominent location in the video; the Liberty Centre in Portland which is a well-known local landmark. The funny part is if you watch the video, ‘David Parker’ claims to have bought the building so his team could be under one roof! Simply hilarious.

Of course, David Parker isn’t the only actor to appear in the video; they also have actors appear to give fake testimonials as well, which is a standard practice when it comes to these scam robots. Similar to many of these scam videos that were shot in Portland, the scammers used local actors instead of cheap hires from Fiverr. However, this time we were able to recognize on the testimonial actors in the video as having appeared in another scam robot: The Azure Method

Екілік опциялар брокерлерінің рейтингі 2020:

Screenshot

How Does It Work?

So how do all these scam robots work? First, the robot itself is likely a generic auto-trading software that the scammers bought once and reuse for every scam. And as for how the scammers make money? The do so by getting their unsuspecting victims to fund a trading account with their partner broker which leads to them receiving a nice affiliate commission from the broker. In this manner, by the time the victim discovers the robot does not perform as promised, it is already too late. Further, since the robot is provided free of charge, there is also minimal legal recourse for them to go after the scammers.

In our case, we found that the Perpetual Formula site was not able to redirect us to any binary options broker when we attempted to sign up; it appears that the scammers have already moved on to their next scam robot.

Final Conclusion

The Perpetual Formula is just another generic scam with bombastic and unrealistic claims. The only ‘perpetual formula’ that these scammers have is the formula by which they keep recycling and repeating these scams. Give this formula a definite miss.

Perpetual Formula is a Confirmed Scam! Legit Review Finds Proof

Binary Scam Alerts is posting a SEVERE SCAM and Blacklist notification in regards to the Perpetual Formula Software, App, and Auto-trader, as well as David Parker the fake actor and charlatan. It’s after noon here, and just today we have received over 70 complaints from extremely irate day traders looking for a way to overcome this deluge of misleading and extremely deceitful SPAM emails promising free access to a zero loss software with no risk involved. So we decided to fight back, expose these nasty fraudsters, and conduct an in-depth review and investigation of the facts. The results are conclusive, clear and indisputable.

Official Scam Site: http://perpetualformula.com/

Proof of Scam
First of all this software guarantees “zero loss and 100%” accuracy. Stop everything right here, this does not exist and if it did then it would shock the whole finance industry and I haven’t read anything remotely resembling something like this in the Wall Street Journal or Kiplinger. Additionally, they claim this app works 24/7, however this is a complete fallacy and fabrication since there is no trading on the weekend, specifically on Saturday. One might argue that during Sundays you can trade the Tadawul or similar exchanges, but this is not the case on Saturday where ALL markets are closed.

As if you needed further proof, you can see in the image below that Mr Joann Aguilar is a fake testimonial and his picture is ripped off the internet without written consent. It even says he is from Derby UK but displays the Australian Flag.

You can see him appearing in the libraryvoice and the video above as Chad Boeninger the Business Librarian for Ohio University Libraries. I am sure he will be enraged when he sees his picture being used to promote binary options scams.

Perpetual Formula Review
So as the story goes, the creepy David Parker has “re-invented” the concept of trading by developing a system that is able to decipher machine-readable-news. Apparently this “genius” was able to bypass the traditional ways of analyzing finance through the use of candlesticks, bollinger bands, momentum trading, and scalping on 60 second options by developing a formula that factors all of this in and generates profit on auto-pilot while you live your life. News flash, this is a classic scam tactic, this person has no social profile on Facebook or LinkedIn, the software is shady and non-transparent, and you are completely excluded from the broker selection process which is one of the most decisive factors in your ability to become a successful binary options trader. We have also tried contacting the Perpetual Formula support desk and the responses we received were cryptic at best, and at times in conflict with their advertised statements.

Is it Free?
Don’t put away your credit card just yet, you will need to fork up at least $250 and fund a trading account with one of their shady brokers in order to qualify for their fraudulent software.

Similar Scams:
These include but are not restricted to: The Money Glitch, Hedge Formula Group, Amissio Formula, TradeTracker Pro, the Push Money App with Dennis Moreland, Profits Infinity, Cloud Trader, The Free Money System with Walter Green, Millionaire Blueprint, Trianasoft and the Quantum Income Machine, Insured Profits with Dave and Ginny, Binary Interceptor, and the Lie Detector Millionaire.

Signals, Autotraders, Bots, and Copiers
We have tons of new systems coming out every day, however the majority of them fail our credibility test. We only recommend a few systems like the Binary Profit Method after checking them out ourselves and validating the facts and performance.

Verdict, Recommendations and Conclusions
The Perpetual Formula Software, App, and Auto-trader, as well as David Parker the paid second-rate actor is a malicious binary options investment scam. Our unbiased review has unequivocally determined that the people behind this sham are thieves that are out to get your money. The software will intentionally take inferior positions and suck up all your money in a New York minute. My staff actually tried to convince me to try the system out and deposit money, but the initial findings were so compelling that we just decided to move on, save our money and use it to fund alternative reputable, sincere, and genuine trading systems. For more information please contact us through our Facebook group or YouTube Channel.

a Complete Guide for Binary Options Trading

Given the risk involved in trading binary options, it is the dream of every binary options trader to make as most profits as possible. Actually, any binary options trading software that can prove to always make profits from the trades that it places without ever making any losses would be a real game changer. If this can really happen it can win the hearts of every trader.

However, it’s a mere fantasy to always make profits whether by trading binary options using a trading software or by manual trading. Especially when it comes to the trading software, having a binary options trading robot that will always make profits is actually not possible. The programming of the software depends on a lot of financial and market factors. Most binary options trading software have an efficiency of around 70 – 90 percent.

It is acceptable to have a binary options trading robot that makes a losing trade once in a while provided that the losses are far much lesser than the profits. Actually, this shows that the robot is real. That is why binary options traders should be very careful when looking for a trading software. They should look for trading robots that are realistic in their trading efficiency and not be carried away by being promised that the trading software will make 100% profits.

We have done an in-depth investigation of the Perpetual Formula in an effort to help our binary options trading readers to find out if it is a scam or a legit trading tool. Read our full Perpetual Formula Review to find out more about this binary options trading software.

Basic information:

Cost: Free
Software: 100% Automated
Max Returns: Up to 88%
Minimum Deposit: $250
Countries: All nations

  • Perpetual Formula is fully automated and thus will not require any human assistance

  • There is very shallow information available about the robot.
  • Its algorithm is not based on market research and analysis but it is rather based on financial news which can turn out to be really disastrous for traders

BinaryMinery Verdict:

Not Reliable Service

What Is Perpetual Formula?

Perpetual Formula is a new binary options trading robot that was launched in 2002 but has been undergoing improvements over the years until it was recently released under its current name in 2020. Its developer is called Mr. Parker.

Mr. Parker claims that Perpetual Formula trading system only places profitable trades and therefore ensuring its users a 100% return. The developer also goes ahead and tells how this binary options trading system has made over $1 billion since its launch in 2002. Although this figure seems to be really huge, it isn’t huge given it is considering a period of over 10 years. Any profitable binary options trading software should make far much more for the same duration. We saw this to be a way of getting the attention of the inexperienced binary options traders.

In another claim which seems to be targeted towards the newbies, the presenters claim that there are only 20 slots remaining. Our concern was why this slots never reduce over time. Does it mean there are no new customers joining or it’s just another scam in the market?

Furthermore, we could not find any proof from any traders who have used this trading software and it has made him or her the number of profits that it claims to make.

Screenshot

How Does It Work?

The developer claims that the Perpetual Formula is a fully automated binary options trading software. Therefore, the trader doesn’t have to be in front of his or her computer at any one time after he or she authorizes the robot to take over the trading work. This also makes it possible for the traders who have no trading experience or any knowledge of the binary options markets to make many by trading binary options.

The trader will have to make a minimum initial deposit of $250 for him or her to start trading using this system. Although this is fairly relative looking at other trading robots in the market, the trader should be very careful to ensure that he or she is trusting his or her hard earned investments to a genuine trading software.

The Perpetual Formula is programmed to read the financial news all over the world and uses this to place its trades. The algorithm of the robot is not based market research and analysis as most binary options trading software are. Although this seems to be sophisticated, it is also a hard thing for any trading software to achieve this.

Final Conclusion: Is Perpetual Formula a Scam?

Given the exaggeration of the information found on the Internet about this trading software, it is hard to term it as a legit binary options trading software. The developers have overstated its capabilities; for example, its ability to make 100% profits.

Also, the developer claims that it has made $1 billion for its users for the over 10 years it has been in the market. This figure is not only very small compared to what genuine binary options trading robots can achieve in the same duration of time, but we could also not find any proof to back this claim.

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