Name: Golden Goose Method
Price: Minimum Deposit: $500
Type: Binary Trading
Bare Naked Scam rating: 5 Thumbs Down
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Is Golden Goose Method really a Scam?
Today we had the pleasure of stumbling onto another binary trading company that guarantees the usual promises of unlimited wealth and vacation homes.
In this Golden Goose Method review you’ll learn the truth behind the false promises and what really happens when you make a deposit with this product.
Golden Goose Method is almost identical to some of the trading scams that we reviewed in the past, with only a few minor differences.
Nevertheless, let’s take a look at this company and see if it’s a scam.
What is the Golden Goose Method?
Golden Goose Method is another one of those trading apps that is supposed to send thousands of dollars to your bank account every single day without fail and all it takes is a minimum deposit and a click of a button.
Obviously, that’s the same hype that all scams use, it’s a huge red-flag and a completely obvious indicator that the product is a scam. But here’s how it’s supposed to work.
You enter your contact details, email, phone number, name, address, and what not. Then you’re redirected to a broker called Trade Quicker (for now, not sure if it will change in future) and forced to create a minimum deposit of 500 USD or Euro to activate your account.
Once the account is activate you’ll be able to activate the Golden Goose Method platform that’s supposed to open and close trades completely on auto-pilot, sending thousands of dollars to your bank account every minute, and making hundreds of millionaires!
Well, that’s not quite what happens.
See, these promises are rarely true. It makes no logical sense for someone to give away a program that makes so much money for free. Well, it’s technically not free, but it’s advertised as a free program.
The truth is that your money will head straight down the drain and you’ll never see it again. What’s worse is that sales reps constantly call you and demand that you deposit more money to – supposedly – increase the chances of earning more from your trades.
You’ll be told that you should deposit at least $1,000 to make the most of the system!
What is Golden Goose Method a Scam?
So why is this program a scam? Let’s take a look.
Besides the points I already mentioned, this product has a lot in common with known scams.
For starters, the totally unrealistic hype and income claims. You’re shown little notifications on the sidebar that supposedly come from people who win trades. You’ll see messages like, “Adam just earned $10,000” or “Jane just won $500 from one trade” and other similar messages.
There’s only one problem, these notifications continue to show even after you disable your internet, so there’s no way that those are from real members. It’s like those countdowns that are on most sales pages; it’s simply a tactic to pressure you into signing up!
I also noticed that the sales video is hosted on YouTube. I like it when these scams use YouTube because it makes it possible for you click the link and check out their YouTube profile and the comments.
Check the uploaded videos for the account and you’ll see that there are other sales videos in different language and all the videos have comments disabled and the rating system is disabled too, that’s rather suspicious.
Head on over to the “Discussion” tab (something that these guys can’t disable) and you’ll see a lot of comments from people who have been scammed from the company, be warned, there’s a lot of profanity on that page!
You should also know that their recommended broker is not even regulated. Trade Quicker is also based in Cyprus where it’s difficult to crack down on scams. A lot of complaints have been filed with this company; mostly about withdrawal issues and being unable to earn money as a trader.
There are some websites that claim that Golden Goose Method is a not a scam but all the facts point towards it being a total scam. I believe that most of the positive reviews about this company are written by people who promote the company as an affiliate.
Are All Binary Trading Companies Scams?
I can’t say that all binary trading companies are scams but there are definitely a lot of scams out there.
However, it is easy to stay safe once you learn how to recognize the scams, and fortunately, most of the scams have the exact red-flags, it’s almost as if they’re clones of one another. I wouldn’t be surprised if someone is churning out this junk websites day in and day out.
Binary trading is not a scam, it is one way to make cash online, but it’s not the easiest, and it does require an initial investment (and it is also risky!).
I wouldn’t recommend binary trading as a way to make money online to anyone who is a complete beginner because there’s a lot to learn.
On the other hand, if you are attracted to trading then you might want to check out Etoro, as it’s one of the most popular and reputable Trading Course and Community. You can also communicate with other successful traders and learn their tricks.
So, binary trading is not a scam, but it’s risky and you have to know what you’re doing or you might lose a lot of cash. I suggest that you start with Etoro before you get into trading.
That depends on you.
Both can be profitable.
If you want to learn how to earn money from your website then you should check out my favorite online business training center called Wealthy Affiliate.
It breaks down complicated topics into bite-sized chunks for beginners to digest (there’s a lot of cool features too!).
So thanks for taking the time to read this Golden Goose review and I hope to see you again soon!
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