In this review we are going to have a look at a new binary options scam called “Sleeping Money Machine”. It is presented by Robert Benjamin.
Benjamin says that he has found a secret binary options trading system that makes him four to five million dollars per year. It analyses trading data from across the world and then trades for you on your account.
That’s it, no more explanation. It is really a miracle, because it supposedly makes you money while you sleep.
The only thing that Benjamin adds about his Sleeping Money Machine is that now you can get it for free.
Sleeping Money Machine is a scam
The truth behind the Sleeping Money Machine is that Benjamin is affiliated with a broker and he will get paid for every new depositor that he refers to this broker.
So he made up his story about a miraculous trading software that you can get for free, because he needs you to open a trading account with his broker and deposit money. Yes, you will have to deposit your own money, otherwise you won’t be able to use the system, so it is not really free.
And guess what happens if you trade your account with the Sleeping Money Machine? You will lose your deposit.
This is how these binary options scams works. And to make them look legit, scammers show fake testimonials about their products.
Look at the picture on the right, you can see one example from the Sleeping Money Machine. Testimonials are fake, photos are from public databases.
Conclusion
Sleeping Money Machine is just an ordinary binary options scams that needs you to deposit your own money, because this is what will earn an affiliate commission to people behind this scam. Don’t give them your money, if you don’t want to lose it.
You can try real binary options trading on a free demo to see how it works and learn trading on your way to real profits and money.