Program: “Profit From Home System” located at www.pfhsystem.com
Summary: An affiliate website with the primary goal of convincing you to join the Opteck trading platform, the same one they are affiliated with. When you deposit money, they make a considerable commission whether you win or lose. There is very little truth to anything the PFH System website is telling people. I do not recommend this.
Price: $250 minimum broker deposit
The PFH System Uses The Same Old Sales Tricks
You are greeted by ‘Laura Smith’ who apparently knows a guy that unlocked the secrets to unlimited wealth with binary options. He is too shy to do his own video so Laura is doing it for him, we are told.
She goes on to talk about how you can easily make hundreds (even thousands) of dollars per day all while relaxing with a coffee and ‘watching the money roll in’.
You don’t need any knowledge or special skills and there’s no work other than pushing a few buttons…
Why NONE Of That Is True
The thought of making easy money is certainly appealing to many people, I mean who doesn’t want easy money?
The problem is this is nothing but a scam and believe me when I say I have seen sooooo many of these it’s not even funny. They are all the same, just marketed slightly differently. They will not make you any money now and they won’t in the future.
People do make money with binary options… but they learn what it takes and spend a lot of time and money educating themselves. They didn’t just jump in and get rich with some software.
That magic software DOES NOT EXIST.
I’m willing to bet that ‘Laura Smith’ doesn’t even exist and this girl is just another paid actor. I’ve done many reviews with these scams and almost all of them use fake testimonials and actors to promote them. These people can be hired for as low as $5 from certain websites and it does happen, it happens a lot.
Why It’s Free
It’s not free because they are being nice or because they ‘make enough money’ I promise you that.
They spent thousands of dollars putting that sales page together and filming that video. Why would they do this if they weren’t making a profit?
They truth is they ARE making money and here’s how…
They are affiliate marketers that earn a commission when you deposit your $250 into the broker. Plain and simple.
They don’t care if you win or lose, in fact the more you lose the better it is for them since the more you deposit the more money they make.
Affiliate marketing in itself is totally legit though, as long as you are promoting valuable products in an ethical way. I personally show people how to get paid to promote high quality products from reputable companies like Amazon for free.
A lot for the time the kinds of brokers these scammers use are not very legit. I mean what kind of broker allows this kind of trickery to promote their platforms?
Once you deposit into one of these accounts these are some of the risks involved:
- Losing their money straight away and never seeing it again
- Credit cards getting unauthorised charges
- Identity theft because you need to give a lot of personal information to these people to proceed
- Spam and deceptive sales tactics designed to get you spending more to recover your initial losses
The broker they use is a Cyprus based company known as Opteck. They are registered with CySEC which means that your funds are relatively safe from a fraud point of view.
That said, Opteck do have quite a number of complaints and the fact they allow these kinds of websites to promote their platform speaks volumes.
Nothing Is Ever Push Button Easy
In the world of business and in trading there is absolutely no such thing as push button riches. These guys are in the business of selling you false hope to get your money, plain and simple.
No binary software in the word can give you a 90% success rate and any experienced trader would confirm this I can assure you. It is nothing more than a blatant scam and you will absolutely lose money if you sign up without having proper trading knowledge and experience.