Name: Fisher Method
Price: $250 to Activate
Owners: Jacob Clark
Bare Naked Scam rating: 5 Thumbs Down
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Is Fisher Method a Scam?
Fisher Method is a new binary trading system that popped up on the radar, so I decided to take a look and see if it’s worth our time.
What is Fisher Method?
According to the sales page, Fisher Method is an app that uses a common statistical formula to predict changes with the binary trading marketplace. Unlike other binary trading products, this one is not completely automatic, it’s not a bot, and it requires manual action.
So, at least it doesn’t claim to be one of those set and forget products.
Still, that doesn’t mean it’s worth your time. As a skeptic, I noticed a few glaring red-flags on the sales page, and additional research has uncovered more red-flags, more than enough to warrant a scam label.
So, the app can be installed on any tablet mobile device, and it can be accessed online from web-browsers as well. Once inside, the app makes it possible for the trader to select and open and close trades. It’s much like any other binary trading app but with the addition of binary signals, essentially, the chance a trade will win.
You can choose to ignore the signals and trade as you please (which a lot of traders do) but if you follow the signals you’re supposed to be a millionaire in a couple of weeks.
Is that true?
Well, not really.
Fisher Method Red-Flags
On the sales page, there are quite a few red-flags. Let’s take a look…
First, all the images are stock photos. Google Reverse Image search for the “Professor” reveals only other reviews and articles about this product (most of them are negative) and similar stock photos. I did a Google Image search on the portrait at the top and – of course – it’s a Shutterstock image (here’s the link: http://www.shutterstock.com/pic-142825543/stock-photo-profile-portrait-of-a-smiling-and-confident-mature-balding-businessman-wearing-a-suit-and-a.html)
So we know that’s not a real person and his name is made-up as well. On the sales page it claims that the creator of this product, Jacob Clark, is a mathematician and contributor to many calculus and algorithm journals.
It’s funny because I can’t find any articles published by this person. I also noticed a couple typos in the sales page as well. We found out that the images are fake and the name is fake, so what else is fake?
The video testimonials are fake too. They’re all video testimonial actors that you can hire for $5 on Fiverr. It seems like most of these binary trading experts hire the same actors, it’s a little strange, especially since they’re supposed to be billionaires. If the system really worked they would have plenty of testimonials to choose from and the internet will be a buzz with praise about their system.
The income claims are mostly definitely exaggerated as well. The signals are supposed to guarantee a 90% win rate. I found hundreds of complaints from people who signed up to this product and never even had a positive win ratio, it was loss after loss, resulting in lots of money down the drain.
First of all you have to deposit $250 with an unregistered broker; this broker is unknown and does not have a good reputation.
I urge people to avoid signing up to brokers that don’t have a positive reputation online; otherwise, that deposit money might be gone in a couple of days.
On top of that, members are constantly bombarded with emails and phone calls begging them to deposit more money every few days, even if you have a positive balance.
I guess they want to convince you to deposit more cash so you can earn more but this doesn’t make sense if you continue to lose trades.
What I Liked
There are definitely a lot of downsides to this product and I don’t recommend it to people who want to earn money online.
On the other hand, I did like the fact that there is a mobile app for the trades. This allows you to trade on the go which is convenient especially for full-time traders.
Of course, the app is nothing new; there are plenty of other, well-known, companies that have their own trading apps.
Other than the mobile aspect, there’s not much about this product that I thought was useful. Like other brokers, this system requires a lot of user-input, and it can be extremely time consuming; time that could be spent on other, more profitable, ventures.
Binary Trading Can Be Profitable but it’s a High Risk Venture…
I should clarify that binary trading is not a scam and I know it’s possible to make some money from trading online.
If you are truly interested in making money online through trading, you should join thousands of trading experts in this Social Trading Platform.
I have to admit that trading online can be fun, but you can lose a lot of money if you do not know what you are doing.
I would highly suggest that you learn how to trade with Etoro. It has lots of videos on trading and you can communicate with other successful traders as well.
I am certain that you can be a successful trader if you follow and learn from Etoro.
My Sincere Advice to You
Honestly, I don’t think it’s worth it joining the Fisher Method, even if you have a lot of money to invest. I am quite sure that you will lose more than you gain.
If you think high risk trading is not for you, and you want to take the slow, steady, and safe route (that doesn’t require a huge initial investment) then check out this online business training community, it’s full of like-minded members, and everyone supports each other. You can try out the free trial and see if you like it.
I hope to see you within the member’s area.
However, if you are passionate about trading, I would highly suggest that you check this out.
Thanks for reading this review and remember to keep your distance from unknown brokers and sales pages that promise the world, wrapped in a package of stock photos and fake video testimonials.
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