Profits Oracle Review: Don’t Get Involved in this Scam

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Profits Oracle Review: Don’t Get Involved in this Scam

Profits Oracle 2023 Review Update: Sadly, the website went offline with member funds. Everyone lost funds with the platform.

Learn how best to protect yourself and take advantage of trading tools that help investors make reasonable ROI.

Benefits and Features of automated trading robots

  • Affordable to all

The robots are quite affordable with some offering money-back guarantees as a way to create trust in the performance.

It goes to show these robots do manage to hit the profit targets thanks to the numerous users who find them affordable.

  • High-Performance Levels

You want robots that guarantee high-performance levels, and the listed robots achieve these levels on a consistent basis.

Most of the robots hit over 85 percent profit margins making them the best in-house for trading the forex market.

  • Great support

Traders get great support with the listed robots which includes 24/7 support. It means you have a helping hand when you decide to sign up.

The entire process from start to finish is easy to use and implement making the robots one of the best.

Try SMARD today, it is a bot designed for crypto traders and investors which uses advanced algorithms to profit from market fluctuations. No programming or trading knowledge is required to start. The algorithm relies on momentum effect strategies to systematically identify market winners. Below are the key reasons why everyone loves    1. You get up to 5% average monthly return on your starting capital.    2. The 10% monthly service fee is charged from your profits only. They don't make money unless you do!      3. You can start with as little as $1000 in your exchange account, meaning that you just need to connect your existing exchange (or open a new one) with Smard and begin trading right away!    4. No upfront payments for the service.    5. It's a smart way of investing in your favourite crypto coins - btc/altcoins, hurdling them while at the same time growing their values through auto-trading instead of just buy and forget.   Operating through API keys, SMARD ensures secure connections without requiring fund transfers to third parties. No upfront payment or card linking is needed. Try Smard today and see the real potential of your crypto portfolio, no upfront fees to pay!

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  • Financial security assessment

Robots have the foresight to assess the financial markets and offer the best way forward when it comes to such services.

You don’t have to do all the heavy lifting as these automated trading tools will offer insightful trading signals to help you take advantage of the markets.

  • Single access point to multiple investment opportunities

When using robots, members get the chance of getting a single access point to investment opportunities.

These include markets in all fields such as binary options, commodities, cryptocurrencies, forex, indices, and stock markets.

  • Claims Management

With a tested and high-performing automated robot by your side, you get the benefit of claims management something you wouldn’t get in other unconventional means of investing.

The funds you invest with these robots get insured and thus, you can get your funds back in case of bankruptcy or insolvency.

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We’ve discovered yet another shady money-making system called Profits Oracle. Profits Oracle is supposed to be a Cryptocurrency trading system. It was allegedly invented by someone called William Foster. Of course it’s hard to trust that such a person even exists in the first place. Scammers simply come up with imaginary characters who can be used in the promotion video to mislead traders. Therefore, we do not want to believe for a second that William Foster is the real person behind this software.

However, his story doesn’t end here yet. There are more interesting things to say about this character. He claims to be a MIT graduate and also a former Citi employee who happened to have the brains to devise a winning trading system that targets Cryptocurrency price changes.

We cannot confirm his real identity yet. And that means his academic and professional background cannot be verified as well. Possibly this is just a hoax. It seems that all scammers are coming from MIT these days. Everyone wanting to snatch money from you on the internet will claim that they went to MIT for their graduate studies.

Moving forward, this mysterious character claims that their trading system never losses a single trade. It supposedly opens trades when they have a 96.8% chance of ending in the money.

Unfortunately, this statement is mathematically incorrect. If this software has never lost money, then it should only open trades that have 100% chance of winning.

Also, that win rate is so high and ridiculous. Even if we believed this story, it would still not make sense because such win rate in trading systems simply do not exist.

Profits Oracle review

There is a rule of thumb that we have always taught our readers here. Each time you come across a web page supposedly put together by a self-made millionaire who begs to make others rich for a small amount of money, you should ignore them completely. This is clearly a scammer. Why can’t they use their knowledge to generate money for themselves? Do they have to involve anyone? Does it mean the market won’t work for them if they don’t involve people who will use the so-called Cryptocurrency trading system. We highly doubt this.

Profits Oracle

The other thing that did not make sense was the 96.8% winning probability and at the same time the software doesn’t lose any trade.

You see, if this fake guy can come up with a certain figure suggesting that Profits Oracle has a certain winning rate, then he can only do so based on the past performance of the trading system in question.

Is there any evidence to suggest that Profits Oracle trading system has been tested in the past? Absolutely no. The website does not give us any trading results as far as this software is concerned. Therefore, we can only wonder where this win rate came from. Lack of transparency is our biggest concern when it comes to reviewing trading systems like Profits Oracle.

Also, we have said time and again that such high win rates don’t exist in trading software. If you come across a self-made millionaire peddling a trading system that supposedly has a 96.8% win rate, you should ignore them because the truth is the exact opposite of what they are telling you. If you do not want to be disappointed later on, your best bet would be to avoid getting into such deals. They cost money, they lose money.

The point here is, you cannot have a robot that wins all trades. The world has never seen such a robot, and Profits Oracle is definitely not the invention.

The person behind this operation

Well, this Foster guy is a character. The person behind this character is the scammer. They have used the name of a character to push their evil agenda forward.

As you might have suspected, the owner of this website is not called Foster. In fact, his details are completely hidden from the public. Even a check will not help us identify him.

But it’s quite ironical that he is willing to introduce himself on his website. This is definitely a fake name. No one can trust Profits Oracle or any of the things that the anonymous presenter is talking about. We can’t be so gullible.

This software is illegal

Now, this probably caught you by surprise because people are free to use any software they want. But to protect yourself against scammers who want to exploit you, you should know that anyone claiming that they can make you money with Cryptocurrencies should seek a license and start operating an official investment advisory company.

If that license is not available and the entity is still insisting on offering investment services to the masses, the entity is clearly breaking the law.

The question we should be asking is this: where is this man’s license? We are afraid that ”Foster” doesn’t have it. Even if they applied for one, they wouldn’t get it. Scammers simply don’t bother seeking a license because that’s not what they are hosting this website for.

The other thing is that Profits Oracle is being sold for about $80 and there is a 60-day refund period. This guy is simply giving you a huge window period to make you reluctant so that by the time you ask your money back, they will have withdrawn it and disappeared. Also, the payment system which they could be using may not have a feature for holding funds until everything clears and both parties are satisfied.

Generally, Profits Oracle is a risk. Given the red flags above, we can’t pay the amount to get it. It’s not worth wasting money, and definitely our time is precious.

Our best advice for you

You want to trade Cryptocurrencies profitably? Just make use of these trading robots instead. We are recommending them here because they have been proven to work. But with Profits Oracle, nothing has been proven. In fact, the only thing we have proven is that it has a fake owner.

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