It seems that auto trading scams have become the most popular type of binary scams. The internet has been flooded by websites claiming to offer an automated trading solution that would make traders millionaires over night. The Amissio Formula is latest in a long line of such websites that look suspicious.
Why is The Amissio Formula suspicious?
Just a quick glance shows how that The Amissio Formula website follows the same pattern as many similar websites, but in much milder manner. For example, there is no banner or irritating pop-up window that constantly reminds you of the new opportunity, but yet, there are still some elements that can be considered obligatory on such websites.
Video on Benefits
The Amissio Formula also has a video that explains all benefits of trading with this system that is not defined anywhere on the website. Is it a robot? A broker? Such information is often missing on “get money” fast websites.
In the video, “the owner” of the software Craig Phillips is reciting the text learned in advance. He is also mentioning that the name of his system is called ‘Amissio’ which is Latin for ‘no loss’. Obviously, he wasn’t paying much attention in high school, as Latin dictionary clearly shows how it means ‘loss’. Bad idea from the marketing point of view or a hidden message?
In the article on TrianaSoft, FBO team raised the concern that everyone engaged in the video is acting. This time, it seems that we finally have proof, as the same people are showing up in this video as well.
The Amissio Formula video
In this video, Craig Phillips mentions 4 best traders, and two of them seem incredibly familiar.
The TrianaSoft video
Yes, those two guys also appear in TrianaSoft video, as Michael Cadmore and David Campbell. Interesting coincidence, isn’t it? Are they traders or software developers? Probably just actors. This is just a proof that this story doesn’t seem believable.
Promising or Fake Results?
It is not unusual in marketing for a company to highlight the benefits, but it is a sign of bad practice to exaggerate results that may influence your financial stability.
When someone is claiming that the new detergent will remove all the stains, but you can still see the stain after washing, nobody will be upset as the investment is fairly low.
In the case of financial investing, everyone must be aware of risks, and proper brokers and other financial institutions always have a simple warning how there is no guarantee and that financial trading is not for everyone. In the case of The Amissio Formula, there is no risk disclosure or any other recommendation or suggestion for the trader. Basically, the website guarantees the success.
Is this an empty promise?
There are terms and conditions on the website, but they aren’t very helpful from the users’ point of view as they are created just to protect the company (whose name is not even mentioned), and not to provide additional information to the trader.
Trading Results above Average
According to the video, 2 years ago this system had 90% accuracy, and now one can only expect that the accuracy increased. They claim that their beta testers gained 800-4000 USD profit daily, even go that far to claim that this is only no loss formula and claim that they never lost a trade in the past two years!
Such sums and promises are hard to believe, as they are extremely high for the initial deposit of $250! There is no system that is 100% accurate as trading conditions are often unpredictable. Traders should always analyze the situation on the market, but not even most experienced market experts can predict things like earthquakes, tsunamis, or the even political environment.
Register now, so you are not sorry!
And, no matter what they say, traders still have to make a $250 deposit in order to use their platform, so most of the things are written on the website are just empty promises – there is no free lunch or free trading software with this company.
The Amissio Formula promises traders that they will be exclusively included in a hedge fund that has yet to be created, that will be for investors who are ready to put in over 10 million dollars. And traders better hurry up, as the countdown is happening on the bottom of the page. Of course, the countdown is fake, as the number is reset every time one refreshes the page.
Also, there are no brokers listed on the website, FAQ section is non-existent and more or less, traders don’t know anything about the trading process, investing and the way it goes.
The promises on The Amissio Formula website, on the first glance, can be considered quite moderate when it comes to promises.
It has fairly little pop-ups and annoying pulsating banners, but on a second look, one can clearly see that there is a potential “get rich fast and without much effort” scheme lurking.
The entire video available is fake, testimonials are made with actors, and everyone involved is acting. The prove for this can be found in the fact that same people are present in such videos over and over again.
But, more concerning is the fact that there are unrealistic promises made. Basically, they are promising 100% success rate to all traders, no matter how experienced. Such rate is simply too good to be true and can be considered deceiving.
Traders, no matter if they decide to trade automatically or manually, must be aware of the fact that there is always risk involved, but also that higher investment carries higher profit. Yet, there are no risk-free types of financial trading, and the higher the profit, the higher the risk involved.
The Amissio Formula claims that there is no risk involved while the profit is simply unbelievable, and there are no risk disclosures on the website. There are no regular terms and conditions either. Think about it, even the lamest websites have T&C that explains privileges and obligations of both sides. The fact that this website, involved in financial trading, has no such document is concerning.
All these signs should make customers wonder about intentions of this website. It is always recommended to use reliable brokers, like those on the Top list, or trade with automated trading software like Binary Options Robot. Binary Options Robot is the most reliable and the best auto trading software on the market that offers only the best brokers.