Estimated reading time: 6 minutes
Quick Summary of Moneta Method
- Rating: 1/5 not a good rating to go for the software
- Pros: Honestly speaking this software does not have any incentives
- Cons: When you will read the full review you will find a long list of negativities.
- Our recommendation: If you are smart enough then remember this software is not for you. Click here to see our list of the best signal services/auto trading softwares for binary options.
Read the Moneta Method review below to get all the details you need.
Nowadays there are many scam softwares online that claim that you can make real money. I have loved trading binary options as my profession and my hobby as well so I have come across such software that keep you in the dark. Today I will be talking about the Moneta Method. The CEO of Moneta Method software is Stanley Williams. I will be giving out reasons for not opting for this software.
Boring and repetitive luring strategies
Now the Moneta Method software introduction starts with the same old story that only 350 spots available to try out this software. Now this is all about playing with your psyche so that you make a hurried decision and go in for a software without thinking. The introduction will just try to mesmerise you by talking about the massive profits. Let me be honest no one allows you to test software that can help pour in money. However, this snapshot reveals the marketing tactic. Do not be lured by the message below.
Must Read: The Best Binary Options Signal Providers
See I do not deny the fact that there are some regulated systems out there that help you generate money. However, all such systems have a well-defined process, and there is no adhoc approach to earning money. When I went through the introduction on the Moneta Method website, it stated that it was possible to earn $21.2 million in just 14 days. I suggest this is the time that you should close the website and save your time. I believe that if earning through binary options would have been this quick most people will quit their profession and join the world of trading. The entire introduction starts with deceiving elements, and I believe that is enough to discourage a genuine trader.
It is not a free offer
Now remember that believing the fact that this Moneta Method software is free is not something that sounds too convincing for me. Even if you listen to the video on the website and when the speaker reveals his story he mentions that initially he put a deposit in the account, so that’s a slight clue that you have to pay something eventually. The risk aspect is that the video only asks you to give in your email address and does not reveal any other sign-up details, so when the process is hidden, then the risk is always there.
Software with Artificial intelligence I truly doubt it
Now when I was going to the video, there was a long story about the fact that the software is equipped with artificial intelligence and can learn from its mistakes. It stated that if the Moneta Method software made a losing trade it could adjust the mistake in the next trade. Although this story sounds very interesting to the ears, but should not be believed because a software is a software at the end of the day and not a human mind and cannot learn from a human.
The strange logic
Now the logic behind the Moneta Method software is quite weird. You need to sign up with the software, and it operates on autopilot. Now here comes the weird part the logic behind the software is that more users need to keep on joining so that the software keeps on evolving and increase the winning rate. Honestly speaking I will not buy this logic for sure.
The unbelievable working approach of the Moneta Method software
Now if you are wondering how this software works then let me help you out. First of all you will have to sign up with the software and make a deposit of $250. The software will be making the trading transactions on its own. The makers create some signals that are picked by the software and it makes the investment on the basis of these signals. Remember even if you have the best signal service at hand the signals can never be 100 percent correct. The chance of loss is there so think the logical way.
The real trick
Obviously you will be wondering how you will qualify for the software. Now here you get to know the real game plan. You should be willing to fund the account plus you should also be willing to give real software testimonial only then you will qualify for the beta testing.
Convincing aspects that Moneta Method is a scam
Now it is human nature that you will be enticed to opt for software that promises easy money. Here are a few reasons that will help you refrain from using the software.
- Now the testimonials that you get to see on the website are by paid actors. Yes, people, they are not testers, but actors who are paid for making compelling videos so that you will sign up for the software.
- You will find security seals on the website. However, if you decide to click on any of these seals they are not clickable. Thus, these seals do not prove any point about the security of the software.
- Now coming to the most important aspect. I am a seasoned trader, so I wish to trade using only a regulated broker, but this will not be the case if you decide to opt for this software because the broker that is allowed is not regulated. This means that if you are making any deposits then you will not be able to withdraw your funds, and there are chances that you will end up losing all your investment. Only a regulated broker can offer legitimate transactions.
How to refrain from scam if you are a new trader
Now the new traders are the easiest victims because they lack the market knowledge. If you are one of them, then it is better that you do not opt for shortcuts. There is no easy way to success, and we all need to have our share of ups and downs. What you should do is that if you wish to opt for any trading tool then research about it. This way you will be able to get the real picture about that tool. Do not make hurried decisions and always try to acquire adequate knowledge about using the software. This way you will be able to decipher if you are being fooled or not. See if the software has security verifications. If you overlook these aspects, then you will not be able to avoid losses coming your way, so you need to be careful.
However, all hope is not lost, and there are credible binary trading tools available. If you want to figure out a great one, then you should see our list here. Explore the different signal services offered on our website. You can go through the details about the service and choose the one that suits your need. These signal services will help you learn to trade in a better way, and there are fewer chances for a loss because the signals are more credible. Only opt for genuine software and avoid the ones like Moneta Method if you want a successful trading career.