This review is about a new binary options scam called “Algo Cash Master” or “Algo Cash System”.
In a video presentation you can hear that the AlgoCashMaster app can make you hundreds of thousands of dollars per month in trading binary options.
There is allegedly a limited number of spots, but now you can get access to the app for free. You can even hear a guarantee that if you don’t make money with the Algo Cash System, you will get $10,000.
Algo Cash Master is a scam
Algo Cash Master is an international scam that has many versions in different languages. Plus it has been built on some old scams, everything was put together in a weird way.
Recycled scam
When you sign up for Algo Cash Master, you can see a video with Philip Diamond saying how you are going to make money with Ceritifed Income. But wait a minute, isn’t it a different name that we’ve already heard?
Yes, Certified Income is a binary options scam that was heavily promoted last year. But in some other international versions of AlgoCash Master you can see a video with a logo from TheMillionaireInPJS, which is another binary options scam.
So no doubt, this project is a new one from the group of people that are well known scammers.
Fake testimonials
The same weird thing happens with AlgoCashMaster reviews and testimonials. The classic one is photos stolen from all over the Internet.
But read the texts as well, people are again endorsing Certified Income instead of Algo Cash, so scammers forgot to edit them.
The truth
Algo Cash Master works the same way as any other binary options scam out there. People who created it are getting paid for every new trader they can refer to their broker. So they made up their story just to make you open a trading account with their partner broker and deposit money, at least $250.
If you then trade with their app, you will lose your money. By the way, it seems that in some foreign version the Algo Cash System is based on the EZTradingBot, which a well known app of scammers.
Conclusion
Forget about anybody making you money on binary options for free, let alone on autopilot. If you want to make money on binary options, you have to learn trading and build a profitable strategy, which you can try on a free demo.
Profits and success comes with hard work in binary trading.
