In this review we prove that “The Cobalt Code” is a binary options scam. It is presented by Grant Stone.
Stone says that he made a massive fortune in trading Cobalt. He used to work in the mining industry, but then he created a binary options trading software that is very profitable, he called it the Cobalt Code.
And because becoming millionaire is usually free, you can get the Cobalt Code for free and make between 12 and 17 thousand dollars per day.
Cobalt Code scam
Let’s start by explaining that all the people you can see in the Cobalt Code presentation are paid actors. Grant Stone does not exist, it is a fictitious character.
All the testimonials you can see are absolutely fake, these people are not real users of the software, they are just saying what they are paid for.
Not verified by banks
On the Cobalt Code website you can see claims about this system being verified by banks (Barclays, HSBC, Lloyds, RBS and Santander) and three UK law firms.
But it is a big lie. We checked with the banks and they know nothing about the Cobalt Code. And the law firms? They did not even provide their names, so you can be sure that it is not true.
Not trading Cobalt
One of the funny lies is about the basis of this scam. Stone claims to be trading Cobalt, but his software trade binary options and you cannot trade binary options on Cobalt.
When you sign up you’ll see that the software trades currencies, nothing to do with Cobalt. Check the next image.
Cobalt Code software
The first thing you’ll see after signing up for the Cobalt Code is an allegedly live trade with money you are given for free. But it is a fake trade and the money is not real. Because after the trade you are redirected to a binary options broker and you can see that your balance is zero dollars.
But there is more, this exact same software was designed and is used by binary options scammers only. Look at the picture, lately it has been used by 7 Figure Months, Navstar Trader and Cash Camp scams.
This proves more than anything that the Cobalt Code is a scam.
The truth
So what is the Cobalt Code really about? It’s very simple, scammers get paid for referring new depositors to their partner unregulated brokers. So they need you to deposit at least $250 to earn them an affiliate commission.
If you do it, you will then lose your deposit in trading with the Cobalt Code software. End of story.
Conclusion
The Cobalt Code is a dangerous scam that abuses binary options. If you sign up for it, you will lose money.
If you want to see how real money can be made with binary options, try a free demo account.
You will need to learn trading and build a profitable strategy to achieve real profits.