Name: Cash Code
Price: $250 to Activate
Owners: Robert Allan (Likely Not a Real Person)
Bare Naked Scam rating: 5 Thumbs Down
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Is Cash Code a Scam?
Today I’ll be reviewing a product called Cash Code, another binary trading system that promises the user an abundance of wealth.
First, it’s important for you to understand that I don’t work as an affiliate for this product. I have no reason to praise it or bash it; I’m simply sharing my personal opinion with the world.
But, I have reviewed plenty of similar products, and I can easily spot a scam. This product sets off a lot of alarm bells.
What is Cash Code
Cash Code is another binary trading platform that promises to send thousands of dollars to your bank account in 4 minutes and 20 seconds.
In fact, all you have to do is click the auto-trade button and you will be a millionaire in a couple of months.
Of course, we all know these false promises are just that – false promises. Legitimate products won’t resort to such high-pressure sales tactics.
They won’t need to resort to cheap tricks. If you provide value then your customer’s will thank you for your service. If you don’t… well, then you have to resort to cheap tricks.
As you might expect, there are a lot of red-flags right on the front-page. It is clear that this product does not have much to offer besides false hope.
It’s a classic scam, and I’ll make a case study out of it so it will be easier to spot other scams and avoid wasting money on junk products.
I know how frustrating it can be do blow thousands of dollars on scams.
I don’t want anyone to fall for scams, and once you’re done reading this article you’ll be able to spot these binary trading scams on a moment s notice.
Let’s take a look at Cash Code.
How Cash Code is SUPPOSED to Work
Here’s what the people behind Cash Code want you to believe.
- Step 1: Create an account, enter contact information.
- Step 2: Deposit the minimum required amount into your account with their recommended broker ($250).
- Step 3: Click the “ON” button.
- Step 4: Watch thousands of dollars flood your bank account every single hour.
Sit back and relax as you become a millionaire!
Yachts, mansions, and Lamborghini’s are right around the corner!
How Cash Code REALLY Works
But here’s how Cash Code REALLY works…
- Step 1: Create an account, enter your contact information.
- Step 2: Deposit the minimum required amount.
- Step 3: Click the “ON” button.
- Step 4: Watch as your account is drained of all funds.
- Step 5: Watch your email inbox be flooded with spam, even when you unsubscribe from their list (true story).
Let’s take a look at some of the blatant red-flags on the homepage…
Cash Code Warning Signs
Most scammers fill their websites with pop-ups and other high pressure sales tactics, like scarcity, and more.
These tactics are not necessarily scams, I know that a lot of people who have legitimate products use these as well, but scammers tend to go way overboard with them.
Scammers will exaggerate the benefits of a product until that product seems like some mythical object that will solve all the world’s problems, too far-fetched.
Unfortunately, a lot of people, especially beginners, fall for these tactics and false promises. I have to admit that I fell for some as well.
One red-flag that I spotted, besides the high-pressure sales tricks, was the testimonials. If you take a look at the testimonials section you’ll see that there are a few things that are a bit strange.
For starters, all of the testimonials have accounts with a balance of over a million dollars. I don’t think millionaires would use binary trading apps but that’s just me. Oh, and Robert has $40 million dollars in this account.
As I suspected, almost all of the images used for the people in the testimonials are stock photos. One of them can be found on a casting website (the guy with $40 million dollars).
Check the picture below. Can you find our millionaire?
So, it’s clear the testimonials are not real. Not to mention the fact that these testimonials have been used on for other sales pages as well, with the exact same income claims!
There was also something that I noticed when scanning through Cash Code’s FAQ – the average win rate is supposed to be 99%! That would be awesome if it was not such a lie. It’s literally impossible to win 99% of all trades!
Cash Code is a Scam: Be Careful
It’s clear that Cash Code is a scam.
The problem with these scams is that new ones tend to pop-up every day and even if we put the spotlight on one and they shut-down, another one will take its place.
However, all these products use the exact same scam template, so they’re easy to spot. You simply have to keep an eye out for the red-flags listed in this article.
What Now? Are All Binary Trading Programs Scams?
No, binary trading is a legitimate way to make money as a trader but it all depends on which broker you use.
Going with an unknown broker that has a bad reputation (the ones scams like Cash Code tend to recommend) is a sure fire way to lose your funds. Trading is fun and I recommend it for people who enjoy the risk.
Just don’t fall for false promises, like the idea of a bot that will trade for you while your asleep, it’s a lie that marketers spread to sell products.
If you really want to learn how to trade, you should start with Etoro.
Alternatively, there’s an easier and less risky way to make money online; work as an affiliate marketer.
This Course will teach you how to become a top affiliate marketer at your own pace. You can sign up for a free trial account.
So remember, stay away from Cash Code, it’s a scam.
Feel free to leave a comment below if you have any experience with Cash Code. Your comments will fortify this post and will save many people from being scammed.