BinaryOptionAutoTrading

Penny Millionaire Scam

Penny Millionaire Information

Name Penny Millionaire
Brand Logo penny millionaire logo
Website URL PennyMillionaire.com
Creation Date 2017
Fake CEO David Forrster
Fake Expected Income $1,000,000 per month
Regulated Brokers red tick scam
Verdict 

TRY INSTEAD

Recommended Auto Trading Software

 

Penny Millionaire Details

Penny Millionaire is a pretty recent scam software, supposedly created by David Forrster in January 2017, which claims that it could make you earn $1,000,000 per month.

In fact, this is just a new scam software which uses the same scam platform as a lot of other scams on the market. The only difference with the other scams is the logo and their software colors.

 

penny millionaire scam

 

Penny Millionaire Regulation

Keep in mind that the most important question you need to ask yourself to keep you safe when choosing a trading robot is : Will this software link my account to regulated brokers or not ?

The main problem with that kind of scams, which can be considered as a huge red flag, is that they will link your account to unregulated brokers. Keep in mind that if you deal with unregulated brokers, you can be sure that not only you won’t be able to withdraw your money when you ask for it, but you won’t be able to file a complaint to a regulation authority when it happens.

Penny Millionaire is only working with unregulated or even blacklisted brokers. That means none of the proposed brokers on this software holds a valid regulation licence from a regulation authority. In other words, every cents deposited on this software should be considered as lost. Don’t get fooled !

The Sad Reality

  • Penny Millionaire video has been made using hired actors. David Forrster is one of them and he never existed as a real person.
  • All the testimonials you can find on their video and website has been made using actors and  stolen pictures from the internet.
  • The software they will make you use is in reality designed to make you lose your deposit as quick as possible. Then, they share your money with the unregulated broker they linked your account to.
  • We’ve read and received a lot of complaints of traders who have been scammed by this fake software.

 

For all the reasons above, we can say that Penny Millionaire is a confirmed worthless SCAM. Therefore, we highly warn you not to use this software and we instead suggest that you try BinaryOptionAutoTrading as this software is working with regulated brokers.

 

 

 


 

BinaryScamAdvisor experts are committed to providing you with the best trading advises If you are looking for a safe and regulated brokers, BinaryScamAdvisor recommends that you try one of our top brokers below.  

 

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