When a gullible investor with lots of disposable income learns about Ackman Capital (ackmancapital.com), they will most likely get an adrenaline rush because this program is offering a very rare investment experience in the field of binary options.
Ackman Capital offers a ”Free” Binary Options Robo Advisor and an Education Center where rookie investors can come and learn how to make money investing in options.
It’s interesting how they hook visitors to that website using a demo account worth $10,000 of virtual money. This is a well-known trick and a marketing stunt.
In some way, Ackman Capital appears to be promoting a robot which has been branded with the name of this site. You are therefore supposed to test this robot on demo first, so that it can build your trust on what these guys are able to do for you.
Actually, Ackman Capital offers an assortment of trading services which also include trade copiers and portfolio management.
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If you don’t know where to start, you are in good hands as long as you’re trading with them. They promise you that you shall make money by copying the ”most successful” traders at the click of a button.
Which criteria do they use to rank traders based on their performance? It is not clear yet. But it appears that this is a copy-cat service which was launched to simulate eToro’s CopyFund product. The difference is that Ackman Capital is a scam service while eToro’s CopyFund is a legitimate investment opportunity.
That said, we’d like to go deeper into the details of this website… just in case you were contemplating to invest with them.
In this case, they claim that they will give you a free robot that can be used to make money on auto-pilot because it is extremely accurate and powerful in spotting and trading those opportunities.
Apparently, this robot can also be used by traders who prefer to keep things manual. Now the question is, if you know how to trade and make consistent profits, why would you need a robot?
The second phase of Ackman Capital involves a portfolio management service. In this scenario, clients will sign up with any amount and have their investment plans tailored for them.
This website claims that it can help you reach your financial goals sooner than later. They claim that when you tell them what you want to achieve, they’ll automate your path to financial freedom regardless of the amount you are willing to invest.
That’s interesting because most binary options systems ask for $250 as minimum investment. This one says that you can get started with any amount. Really?
There is only one explanation here. These guys want to make money from all opportunity seekers regardless of their financial statuses. If you have $100, they will take it. If you have $1,000, no problem, they can still put you on the fast-track to becoming ‘a millionaire’. Of course this sounds too good to be true, and so we have to question every motive behind this website.
They promise that if you become a client of Ackman Capital, they will diversify your income streams by tailoring an investment plan for you. This will enable you built your financial future in a secure and reliable environment.
Of course this money is invested in binary options. However, clients are not promised any minimum return. Sounds like a silly contract because you’re letting them trade binary options for you even when there is no clear terms of service between the two of you.
What evidence do you have that this money will be invested in binary options?
You see, in Forex trading, the portfolio manager usually works with an LPOA document which asserts that your money will be traded as agreed and that this manager will never touch your money in any other way apart from trading it.
In this case, Ackman Capital does not state how they operate. They don’t even have a license for conducting this kind of business on the internet. So how can you trust them?
Well, to answer this question, this website claims that it has employed a number of experienced financial and investments experts who know the industry like the palm of their hands.
They also claim that Ackman Capital works with both individuals and institutions. For heaven sake, where are the logos of their partners on that site? How can we ascertain that indeed this statement is true?
You see, if they named those partners or institutions which they work with, we would have easily asked them to verify these claims. Unfortunately, the obvious would happen. They would all deny partaking in any activity with Ackman Capital.
Sure, there has to be some sort of reference which investors can use to confirm the claims that this website is making.
Also, we are concerned with the faceless portfolio managers who run this show. Can’t we have names and faces here?
Why does someone chose to hide behind a computer while giving a false description of who they are? That’s one red flag which you should take very seriously.
They call it Free Binary Options Robo advisor. The reason why they are offering it is because they want to add a showpiece of credibility.
They also have a demo which should trick you into the deal. Do you know that this demo is not showing real price feed to start with?
You can confirm yourself. Sign up with a fake email address (to avoid spamming) and test it. Compare this with the price feed on a real chart elsewhere. You will notice a very big difference.
So what does this tell you? It says that Ackman Capital is intending to play monkey business with you. Once you fund your account, that will be the end.
We’ve known these tricks for a while. So when we tell you that Ackman Capital software serves as a bait for luring investors, you shouldn’t doubt us even for a moment.
Again, this is the reason why Ackman Capital added free testing for their software. They want to distract you from asking this question.
Technically speaking, a verifiable track record of success is all you need to trust an asset manager or any of the products they are offering.
It appears that these folks have mastered the art of deceiving investors. It’s not going to end well because these mysterious people don’t have a track record of ever making a nickel in binary options trading.
You will definitely be taken advantage of if you don’t listen to this piece of advice. The point is, avoid Ackman Capital at all cost. If you want to trade without worrying that you will lose all your investments, these trading systems will suit you extremely well. Meanwhile, ignore these charlatan marketers. They are only doing what they know how to do best — cheating and fleecing your wallet.
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