Legal Profit is an outright sham. It claims to be the best Binary Options software in the year 2017, yet nobody has ever endorsed it for that status.
It appears that folks at Legal Profit were too lazy when designing their strategy. Why?
Because when you look at these two domains Legalprofit.co or Legalprofit.cc, you will see overwhelming evidence which shows that Legal Profit is yet another scam.
These two domains belong to the same business by the way. The first domain is active because it hosts a motivational video which the scam doesn’t have copyrights to in the first place.
Just in case you are not aware, that motivational video was copied from one of the best YouTube channels for motivational talks.
There are many more reasons why we feel that Legal Profit is a scam. Of course everything that we say against this binary options software will be supported by facts or evidence.
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While binary options is profitable to trade when you use the right solutions, the truth is that those who trust Legal Profit scam will be in for a shock.
In fact, evidence is written everywhere on either of the two websites. First off, these websites were not designed by a professional web designer as you can see that the quality of the theme is sub-par with what is available in the industry right now.
Also, the claims that are made by Legal Profit website are unrealistic. If you can make that much in one day, you will surely be a millionaire in record 2 days. We know that this is not possible.
According to Legal Profit, you can make it in binary options even if you know nothing about trading options. The website says that they have the magic to get you where you want to go in no time. You can therefore become a millionaire even when you sit back and do nothing.
Yet we know very well that if one was to trade manually, he would need to demo trade first so as to get the hang of things while figuring the right strategy. Until then, he will not be able to make consistent profits in binary trading. This would only be possible if he was using these products, but not a scam like Legal Profit.
This robot is said to be nearly 100% precise in its trades. According to the narrator, Legal Profit can and will make you 600% return on investment on the same day that you use it.
While still at it, we discovered that this scam first appeared online nearly 2 years ago, then went quiet after it was exposed. Now it is back in full throttle.
We know that their reputation was ruined because they worked with unregulated brokers to steal money from unsuspecting traders.
Legal Profit operates under the umbrella entity known as Legal Profit LTD. They are shady because their quick return business model suggests that they are a get-rich-quick scheme.
The scam says that its success is attributed to the fact that they have a legal spying algorithm which is able to see where the market will go next. When this happens, they are able to predict price movement with 100% accuracy.
Apparently, this is the perfect recipe for getting scammed. Legal Profit simply thrives on too-good-to-be true stories. Believe them at your own risk.
A man claiming to be James D. Davis is the owner of this sham — according to the pitch video on the website.
Unfortunately, we were not able to confirm whether this was true because when we visited either of the two website, we were never shown his face. The pitch video only narrates the story with voice over acting.
This proves that Mr. James D. Davis is a fictitious character. We could not even find his alleged company. Everything about the story was cooked. The so-called CEO is an anonymous guy, yet he claims that he will make you a millionaire tonight.
Moreover, doing business with an anonymous service is very dangerous. When you lose money here, you will not have anyone to complain to. This is another red flag that Profit Legal is a scam.
This robot is based on a legal spying algorithm that will predict the markets with 100% accuracy. This algorithm is allegedly connected to bank servers, and thus it is able to predict the direction of the market even before brokers can get that information.
In addition to this, the scammer says that he developed a 4 dimensional spy strategy which has the capacity to identify the best options, their directions and how to trade them without putting yourself at risk.
Now, if you think about it, you will realize that these claims are idiotic. They sound too good to be true, plus no one can give you such a powerful trading system for free if it ever existed.
You have to use common sense to debunk a scam like Legal Profit. First off, banks don’t trade binary options.
The main function of a bank is to offer credit facilities and services that help towards the preservation of their customers’ assets.
Usually, a banking institution is a facility that is authorized (through licensing) to conduct banking services on behalf of their customers.
With that line of thought, you do not need to see why it’s total BS when someone claims to have the ability to put a spying software in the servers of banking institutions with the aim of monitoring the market. It is not possible, and that means Legal Profit is a scam from the word go.
Another thing to take note of is that trading comes with certain risks. If you don’t accept the idea that taking risks is part of the game, then it means trading is not for you. Just quit and look for another business.
The truth is that if your prediction of the right outcome keeps failing, you will never be able to make money. Those who make money have an edge. They don’t fail most of the time.
By now, you should expect false testimonials to begin trickling in the video presentation. One client just deposited $250, then traded it to $2,000 in a single day.
First of all, this is not possible. Maybe you’d stand a better chance of making $2,000 in one day if you robbed a bank.That also means you’d need to risk your life because robbers get caught in the act, and they die mercilessly.
From the bogus testimonials which you see on this page, you recon that Legal Profit was only designed to open trades on a random basis. There is nothing like Legal spying algorithm. It is just a narrative.
We have already hinted on which products to use. If you paid attention, you’d have subscribed to those products by now.
A pathetic scam like this one does not deserve to be treated with any respect. They may have resurfaced with the intention of lying to traders one more time. But this is not going to be possible. So traders, stay away as Legal Profit will ultimately cost you.
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