Is Market Buster a Scam? – Find out the truth here

Market-buster-mainName:  Market Buster
Website:  www.market-buster.com
Price: $250 min deposit
Owner: Ethan Taylor

Bare Naked Scam rating: 5 Thumbs Down

insured-profits-scam-rating

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Is Market Buster a Scam?


How would you like to make upwards of $2,000 a day without having to do any work?

Market-buster-claimsThat’s what the Market Buster App promises, an abundance of wealth and the key to your financial freedom. Clearly, it’s another scam that you should keep your distance from.

Market Buster is yet another binary trading software that claims to send thousands of dollars to your bank account every single day without fail. In fact, it claims to have an 88% success rate (which is impossible)!

If you are considering joining this program, I suggest that you change your mind, it’s another scam and you will likely not be able to receive a refund. Of course you’re probably wondering why I think it’s a scam, and that’s where this review comes into the picture.

You should be aware of the fact that most products that are caked with a thick layer of hype and time-sensitive offers are almost always scams. Most scammers are not as creative as you might think and continue to make the same scams under different names.

Once you learn how to spot the red-flags navigating the marketplace will be safe and you’ll avoid throwing money down the drain.

With that in mind, let’s continue with the review.

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OR

For People who want to make money online without risk. Click here!

How does it work?


Market Buster uses binary signals to let users know when is the best time to open or close a trade. The App is supposed to be a secret algorithm that detects when the value of a trade will increase or decrease, it’s kind of like predicting the future.

Market-buster-opteckAt least, that’s what the program promises. All you have to do is sign-up and click the “On” button and let the algorithm work for you!

Unfortunately, it’s never that simple.

New members are redirected to Opteck, a lesser-known trading company. I did a little bit of research about this company and I did not find many positive reviews, it has a bad rating and I don’t recommend it.

An Opteck account manager will call you and encourage you to deposit $250 which is the minimum required amount. Then you’ll be able to download the app and start trading as you please.

It’s important to understand that Market Buster in itself is nothing more than a gateway to Opteck. It’s simply an affiliate website for Opteck, nothing more. The app that is advertised is actually Opteck’s app – it has nothing to do with Market Buster.

So, in reality, Ethan Taylor didn’t invent anything besides an affiliate website. I don’t doubt that he makes a decent amount of money from the website, a lot of people fall for these scams. If you determine someone’s success by how much money they make online, then Ethan Taylor is quite successful.

But you can’t scam people forever; eventually it catches up to you. It also seems like the website is a copy-and-paste template.

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First Impressions…


When checking out the website for the first time, I noticed a few red-flags.

Market-buster-testimonialFor starters, there’s a lot of hype and false promises. The sales video is full of the usual false promises and the exact details are kept hidden. It’s all about what you can do with more money and no actual details about how the program works.

The claim to make $2,000 a day with absolutely no work is a big red flag. The testimonials also look suspiciously fake, I couldn’t find the actors this time, but it doesn’t take much to create a video testimonial, anyone can do it.

Also, the “As Seen On…” endorsement is fabricated, I checked to see if this product was mentioned on any of the websites it claims it was and it was not mentioned at all. It doesn’t come as a surprise!

On top of that, the sales video is hosted on YouTube. You think someone who’s making millions of dollars could afford to host their own videos but I guess not.

Let’s also not forget that Ethan Taylor is a fake name.

Oh, and it’s also not 100% free. It costs $250 and that’s even mentioned in the video after he says it’s totally free.

I also thought it was rather ironic how at the end of the sales video the speaker goes on about how much he hates people who make false promises (and he even includes videos of some products I wrote about) even though his website is an exact replica of the one’s he says he hates.

For Aspiring Traders: Minimise your risk of losing in trades. Click here to learn!

OR

For People who want to make money online without risk. Click here!

But What if I want to Trade?


Some products can scare people aware from trading online. However, the truth is that trading is still a legitimate way to make money and invest in the future.

But anyone who claims that you’ll make thousands of dollars in a couple of hours with no experience is a complete liar. You’ll need to train first and learn all the ins and outs, and even that does not guarantee success!

On the other hand, if I had to point you in a direction, I would suggest that you check out Etoro, a Social Trading Platform where you can mingle around many successful traders and copy their trades.

Honestly, it’s one of the best trading course that I checked out.

The best place to learn how to Trade. Click here!

What if I Don’t want to Trade?


The truth is that there are hundreds of different ways to make money online and one path might not be suitable for everyone, everyone is drawn to different things. I also recommend affiliate marketing to anyone who wants to create stable online income but doesn’t want to take the risk of binary trading!

This program is my favorite online business training course because it takes members by the hand and walks them through the whole process. The best part is that it’s also full of members who are dedicated to supporting one another!

So, remember that Market Buster is a scam, and try to avoid products that have the same red-flags!

Your pal,

Jack

My Secret to Online Sucess

About the Author

Jack is an experienced online marketer who would like to extend his help to whomever wants to learn more about building a successful online business. Connect with me on Facebook, Twitter, and Google Plus. Read more about Jack and BareNakedScam.com here...

Leave a Reply 5 comments

Renco - Reply

For me the market-buster app actually worked. I think most people do not use it the right way. Just follow all the instructions and after you made your deposit activate the auto trader. Set it to just 25€$ or whatever currency you have, Mid risk (3 positions). From there just be patiënt. Log in everyday to make sure the auto trader is still active and after a week or so, expand your tradeamount to for example 50 and after a week to 100 and so on, until you’re statisfied with your monthly income. With these settings and a tradeamount of 100 you’re balance will grow with around 200€$ each day. This is like 6000 each month. If you have stacked up high enough you can even upgrade to 500€$ or so to make even more money.

BUT: This kind of software doesn’t really last for long usually. So it’s better for you to actually understand why you should bet call or put on an option. When you have signed up and followed all the instructions and uploaded your documents, a broker from Opteck will call you, explaining how everything works. Don’t be scared to answer them. You better do, becuase you will need them to make money. They get a commission of all your successfull trades so they are really interested in you making a lot of money so they can just sit back and live from all the commission they get. Hear them out, work with them and you will learn for free how to make the right decisions. Usually they will make an appointment with you where you will actually trade together and both earn a lot of money.

Because they are brokers, what they really want is long-lasting relationships with their clients, you, to guarantee their income from the commissions they get. For them you are a useless trader if you don’t want to go for the big cash. It usually ends up in depositing or making enough money until you have at least 1000€$. You will get a silver account, which comes with the assist of an actual broker to ensure you will be winning a lot.

Hope this review helps. If you are patiënt, eager to learn how-to-trade, willing to put some time into it and can afford to invest 1000€$, this might be something for you. All the other people, one advice: stay away from this, because it’s gonna cost you your whole deposit. People saying that trading in only minutes can earn you quick cash with binairy options, but they are too unpredictable to really ensure your income. Invest in the long run (hours until a day), with the right information (forex) and you will earn money with this.

    Jack Cao - Reply

    To be honest, if anyone really want to learn how to trade, they should not trade options. Remember what Warren Buffett said about Derivatives? He said “I view derivatives as time bombs, both for the parties that deal in them and the economic system.” Source: click here.

    If you truly want to learn how to trade, you should trade on the shares or forex directly. The best place and method to learn how to trade is by trading with a demo account, that way you can get some experience without the worry of losing money. Trading is not for everyone, if you are a risk adverse person, you should not be into trading, but rather you should be starting your own Online Business because the cost of starting up is very low.

    If you find trading is a good fit for you, you can start an account with this broker, because instead of trading on your own, you can copy other experience trader and learn from them.

    Cheers!
    ~Jack (BareNakedScam)

Charlie - Reply

Their ad has been popping up all over my browser the last two or so weeks.
In these tough economic times the last thing I needed is someone to dangle a carrot before me and make me end up loosing a ton of money. 250$ is an average months salary for the middle class in Kenya.

Thank you for the article.

Julian - Reply

Is it a scam insofar that you lose your $250?
If not then it is free, you should get the $250 to trade?
Still don’t understand how it is a scam?
Maybe you might not earn what he says you will but isn’t that just the risk of investing?

    Jack Cao - Reply

    Yes. It is the risk of investing and Market Buster did not explicitly inform you. It is said that if you use their program, you WILL make money, but in fact most of the time you wont. If you want to learn how to invest, I would rather you invest in your education and perform the trades yourself, rather than leaving it in the hands of a “Auto Trading Program”.

    Hope this explains.

    Cheers!
    ~Jack (BareNakedScam)

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