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Automata Formula Scam Review – The Formula to Failure

The internet today is full of fake trading websites claiming to make you into a millionaire within a day. While we do not think that one should be prejudiced against such websites, when we hear that an auto trading software claiming to make you very rich, we obviously tend to look a bit more deeply there. That seems to be the case in our current Automata Formula review.

The initial web page looks empty with a simple video about some guy who claims to be George Coleman, driving a Lamborghini to his office. Now, while there is nothing wrong with a rich person driving an expensive car, the video struck us as distinctly odd. First off, the car starts off from a parking lot. If this Mr. Coleman actually earned over $29 million in the last 2 years, surely, he can afford to keep his car in his own house? Of course, the parking lot can also be a part of his household, but there is a slight problem here. If you pay attention during the starting of the video, you can notice that none of the cars there have any license plate.

While this is permissible for a single car or 2, surely, not all cars are permitted to have no registration. For all we know, the only cars that are permitted to be driven without a registration are the ones used in the show business, where a good looking car is essential. This seems to be the case with the Lamborghini this so called Mr. Coleman was driving. This was the first indication of the Automata Formula Scam.

Unlimited People

Next came the fact that he is supposed to take in 30 people for his beta testing group within 48 hours. While this is nothing wrong (every successful business usually has a beta testing phase), you would be surprised with the stream of people being shown to be signing up. From Sally becoming a Platinum member to Philip signing up for a Bronze membership, it would seem that the spots for 30 people would fill up within 2 minutes. In fact, we waited for 30 minutes to see if this stream of sign-ups would subside and it did not. At least a thousand people must have signed up by then. That is the problem with the fake trading portals. Most of these websites are created on a budget to hire only the cheapest of personnel for design. 

The Next Page

The very first thing that you see on the next page is this same actor who has been regaling you with increasingly worse performances. This Mr. Coleman goes on to say how the software is absolutely free and how you are guaranteed to make money even when you sleep so that you can live the life of your dreams and so on. Basically, everything we have come to expect from a fake trading website. As we noted in our Automata Formula Review, the guy goes on to finish the video saying that he cannot wait to make us rich. Not only that, he also says that if we do not sign up soon, the whole website will be removed. Like a super top secret web page being self-destructed.

The Disclaimer

All this was great, except for one small thing they forgot while designing the Automata Formula scam. Under the US law, every website dealing with money is mandated to put up clearly written truthful statements regarding their operational policy. Also known as the disclaimer page, this certain little page has to have only real information if these guys do not want to face legal problems. We decided to check this out and we found something really interesting. Besides the fact that the web page was nothing but a barely made few lines on a white background, our Automata Formula review noted that they specifically stated that you may lose all your money.

Also, everything said on the initial pages are all fabricated (or, more mildly put, simple indications).

The Fake Customers

This meant that all the information from here on out was proven to be fake. This included their so called loyal customers.

Besides all the information being fake, the most obvious pointer to the Automata Formula scam was the ‘Like’ button. It showed that there were 2.3 million people who had liked their page on Facebook. Frankly, do they even know how absurd that sounds, not to mention that even the top pages on the social media platform do not have that kind of fan following? Moreover, we ran a search on Facebook, and nothing turned up by the name of Automata Formula, proving that they were fake.

Bogus Information

Their live trading chart was nothing but a simple animation. We did a background check of the trades being shown in real time and none of them actually matched. Not to mention that we checked it for a long period of time and it was confirmed to be nothing more than a simple repetition of a single animation proving our assumption that it was a fake website in our Automata Formula review.

FAQ

The FAQ is nothing more than a few lines of simple mindless information.

For example, they say that you will simply need to contact your broker for withdrawing your profit. There is no information on the broker which will be used for the same. This means that you do not even know if you will actually be depositing the money with a broker or into a private bank account proving that this is nothing more than an Automata Formula scam. Also, their limited time period does not exist. We tested this for more than a day, and it was continually available.

Automata Formula Review – Conclusion

In conclusion, if you are actually interested in trading, do it with a verified trader instead of these scammers. That way, you will earn some money instead of losing it all in the hands of these fake people. My YouTube Channel has all the best updates click here to subscribe.

The post Automata Formula Scam Review – The Formula to Failure appeared first on Trusted Binary Reviews.



This post first appeared on 5 Reasons To Trade With Binary Options Signals, please read the originial post: here

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Automata Formula Scam Review – The Formula to Failure

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