The Banker Profit System Review

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The Banker Profit System – Another SCAM.

The Banker Profit System is an automated binary options trading software due to be released by October 12th 2020. We have some concerns regarding this new trading app because we’re already finding fabricated customer reviews, claiming premature profitable conclusions. As a result, we are receiving some inquiries from our followers. So we’ve decided to investigate the matter ourselves, and we suggest you take the time to read our Banker Profit System SCAM Review. Anytime we see websites promoting positive assessments about any trading program before it’s even released, is an indication of a possible warning.

Andrew Teegan presents his new auto-trader with a starting win rate of 61%. As a trader in the business for a few years, we found Andrew’s approach for publicizing The Banker Profit System App with the attempt of sounding honest. The BankerProfitSystem doesn’t place hundreds of trades all day long like most questionable binary trading softwares. Instead, he claims that his revolutionary system searches for the best opportunities to execute trades with a higher possibility of profitable outcomes, while measuring market volatility for 30 minute trades. Andrew continues to state how most binary options trading scams operate by performing 60 second trades (Turbo Trades) which are a total scam! In some areas hes right, but not all.

Yes, the majority of most fraudulent trading robots target turbo trades for a “Fast Money” appeal. However, we don’t like how Andrew generalized Turbo Trading as a Scam itself. The truth is, Longer Term investments like 15min, 30min, or 1hour trades are more profitable because its easier to distinguish trend directions. On the other hand, 30 or 60 second trades prove to be more difficult to predict market fluctuations. For many novice traders, they will conceive thebankerprofitsystem.com as source of helpful information and believe Mr. Teegan is showing them a trustworthy auto-trader. By this, the crooks behind The Banker Profit System are deceiving binary option traders and those who are interested in investing, with misconstrued knowledge and twisted facts. The fact of the matter is, there are actual technical trading strategies for profitable short-term trading, like the ones found in our Trading Strategy Section , but The Banker Profit System would have you believe their lies.

The Banker Profit Trader practices a deceptive and unorthodox form of trading seen by others fools within the industry. For example, lets say you have $1,000 in your broker account. As designed, the app from thebankerprofitsystem.com will place a trade. But what happens if the trading bot loses? The following trade will consist of a higher value. Now, lets say the trading bot looses the third trade, and your starting capital was $1000, that final trade could be as high as $675. That’s more than half your initial deposit. The Banker Profit System goal by continually increasing the value of perpetual trades, is to recover the previous loss investments, while breaking even or gaining a little profit. This “strategy” form is highly frowned upon because its the fastest way of draining your entire account and doomed to failure. If the creators of The Banker Profits system build a binary options trading software on the foundations of such a ridiculous form of investing, this shows the true integrity of the villains behind this fake software.

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Trading binary options itself is among the best forms of investing with financial markets. Everyday there are thousands of people who regain large profitable amounts do to proper money management and reliable binary trading softwares. If your interested in binary options, The Banker Profit System is not the way to go, unless you’re looking to lose your money very quickly. Whether you’re searching for a broker and/or binary options signal service, be sure your selection has not been BlackListed . Its important that you sign yourself a Reputable Broker with genuine attributes and a solid customer service. Real working Auto traders and Signal Services are available for those who need a little edge, as well as education. We thank you for reading The Banker Profit System Review and hope you understand why their practices are very shady. Feel Free to post any feedback, comments or questions below!

We don’t trust Andrew Teegan, nor his general overview on his version of ‘prosperous investing’.

Bitcoin Profit Review, Fake BTC Profit SCAM? YES! [Facts and Truth]

Bitcoin Profit Review, What is BTC Profit?
What is Bitcoin Profit and is it legit? If you are asking yourself this question then you must have been illegally solicited to join the fake Bitcoin Profit (AKA BTC Profit) SCAM. Let’s start with the facts, the Bitcoin Profit SCAM is fake crypto robot which has been picked up by a variety of affiliate networks and media agencies. If you think we are scared to publish the names of the culprits behind this confirmed financial scam then you would be correct, because our staff has received veiled and direct threats on a daily basis. However, our mandate is to shed light and expose crypto scams and get-rich-quick schemes and Bitcoin Profit is a textbook example.

BTC Profit (AKA BTC Profit Now) is advertised as a system which let’s you earn money even when markets are crashing, hence eliminating any form of risk to your investment.

We started receiving complaints about the fake Bitcoin Profit investment platform from members who claim they saw a fake news advertisement on CNN Tech where Richard Branson was seen talking about how much money he has made using this software. Unfortunately, the internet is swarming with these types of deceptive and misleading news-style advertisements, and we believe this trend will only grow. We have also seen multiple fake Bitcoin Profit reviews, and this is probably the most problematic issue we have detected. The websites promoting this filthy scam are affiliate sites which get paid referral commission by illegal offshore brokers every time you invest. In our case it was Cryptonix Team which is owned by Wilkinson Europe LTD and have a registered business address in the United Kingdom. So don’t make the mistake of joining this program, because we have conclusive proof and verified evidence of scam and malicious foul play. Still believe the Bitcoin Profit fake signals and trading app is a legit system? In that case we highly recommend you continue reading our detailed review and hold on to your wallet because Bitcoin Profit was designed to steal your money.

Official Website, Login Page, and Members Area: thebtcprofit(dot)com

Update: Bitcoin Profit is also being marketed now as “Profit Bitcoin” (they changed it) but its the same system.

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Proof of SCAM:
Below you will see the main sales page and registration area for the Bitcoin Profit software and trading app. The real reason it is so convincing is because of the perceived benefit. You can see for yourself that the main sales pitch is “earn millions from Bitcoin even when crypto markets are crashing”. You have to admit, its very intriguing and probably the best sales pitch our team has seen in a while (and we have seen quite a few).

And right below our staff placed the Bitcoin Profit System right next to “Cryptosoft” (another fake app) for comparative analysis. It’s very plain to see that this is a replica software or type of white label solution for affiliate marketers looking to plugin to fraudulent software platform and start peddling fake apps online in order to collect commission checks.

Bitcoin Profit Cloned Software

Bitcoin Profit Fake Testimonials
We have seen fake testimonials before, but this is just too obvious. What we have here is a collection of Fiverr actors who are getting paid to lie and are apparently doing a fairly decent job at convincing people to signup for fraudulent trading software. See for yourself, we pasted a direct screenshot from the Bitcoin Profit website as a point of reference and right next to it the actor’s profile and acting reel. Its always shocking when you see, it don’t you agree?

Bitcoin Profit Fake Testimonials

Who Is Behind The Bitcoin Profit SCAM?
The crooks behind this crypto scam are affiliate networks like oDigger, OfferVault, and others. These networks are the ones who get the word out and coordinate the activities with the fake Forex and CFD Brokers, and the affiliates are the ones who refer the customers to the brokers via the networks.

Bitcoin Profit How The Scam Works

There is a long list of affiliate networks which are currently promoting this offer, and the couple we mentioned represent just a partial list. What does this mean? Well it means that there are networks consisting of professional marketers who are making a concerted effort to peddle this trash and convince you that there is a pot of gold at the end of the rainbow. Alas, the cat is out of the bag and we are on to their dirty tricks!

Bitcoin Profit Fake News – Baiting Tactics
If you have seen some type of fake news advertisement or fake Bitcoin Profit reviews then you should know that you are about to enter the lion’s den and there is a whole ecosystem of marketers who are using websites, social networks, and digital news and lifestyle content portals in order to drag you down and convince you to join their program. Right now they are using British comedian Jim Davidson to promote Bitcoin Profit as well as Conor McGregor (see below), however we have received complaints in regards to members of the Dragons’ Den cast as well as Elon Musk, Gordon Ramsay, Peter Lim, Celeste Barber, Charlie Brake, Holly Willoughby, This Morning Show, Roberto Cavalli, Leif GW Persson, Anthony (Ant) McPartlin, Cillian Murphy, Chris Kirubi, and Richard Branson being used for promotional purposes.

Fake Bitcoin Profit News and Reviews

If you are not careful and inquisitive, chances are you will be deceived and your money will be stolen from you by very professional con artists.

What Is Bitcoin Profit And How Does It Work?
The Bitcoin Profit software is advertised as a Bitcoin System which can make you “stinking rich” and earn millions even when crypto markets are crashing. In reality it is a fake automated crypto robot designed to execute losing trades and in that way steal your money. They say there is a person named “John” and he has a beta testing group, but that is another lie so don’t believe it.

Bitcoin Profit Review, Don’t Calculate Your Profits Because You Lose! (That’s The Real Secret)
The Bitcoin Profit software has grown to become a viral scam, and we already explained the possible reasons for this. It’s also worth pointing out that this latest scheme is one of many which are constantly piggybacking or riding the so called “Bitcoin Wave of success”. It’s no wonder the sales video mentions Bitcoin is worth $20,000, that was an all-time high and one never knows when or if we will see it reach those figures again. The fact remains, there is nothing genuine or legit about Bitcoin Profit, and you would be well-advised to keep your distance from this bogus trading software.

Bitcoin Profit Clones
There are at least 5 documented versions of the Bitcoin Profit scam (AKA BTC Profit). We identified some websites without the fake testimonials, and others without a sales video at all. The common denominator with all formats is the integration with scamming offshore brokers and the use of highly misleading statements or false information. For example, a fake signals feed which is always set on win, or various claims which are totally detached from reality and have nothing to do with the risk aspect and the fact that Bitcoin is exposed to changing market trends and fluctuates according to that. Below you can see a screenshot representing 3 of these cloned Bitcoin Profit websites. Feel free to use this image as a point of reference to see what version you have seen.

Bitcoin Profit Cloned Websites

Is It Free?
Obviously it is not! Get ready to part with at least $/£/€250, and that money will be charged to your credit card by thieving (not to mention illegal) offshore brokers who could care less about your financial situation.

Still Trust The Bitcoin Profit SCAM?
Bitcoin Profit can be very convincing, we know this to be a fact so we are not angry if you take the bait and actually invest. We do however caution you to at least start asking difficult questions, specifically about cashing out and how come its so easy to generate money using this software. If you are not satisfied with the answers you get then your skepticism is well-founded. Hightail it immediately and thank the almighty for saving you.

Other Viral Scams Trending
The ones to watch out for are Crypto Revolt and Bitcoin Revolution.

Some Viable Options
Factoid: The vast majority of systems being launched these days are worthless apps designed to drain your money and wipe out your bank account. Still, once in a blue moon a system is launched which actually works. So if you are waiting for the right opportunity, it might as well be now. Oh, yes in case you wondered we test these systems profusely before recommending them.

Bitcoin Profit Review, Summary, and Conclusions
Obviously we are categorically labeling the Bitcoin Profit scam software (not to be confused with Crypto Profit) as a blacklisted get-rich-quick scheme and advising our members to refrain from joining this piece of trash auto-trader. Our evidence and findings are backed up with documented facts which have been cross-checked and validated by real people who complained about getting scammed. Obviously we can’t publish personal information which was provided to us by traders who got scammed, but leave a message below if you want to speak with the victims. You should know that their stories are extremely alarming and we even started crying when we chatted with a pensioner from Manchester UK who is now penniless and can’t afford to buy medicine. So to finalize, please avoid the Bitcoin Profit scam and seek alternative investment opportunities. We can always be reached via our YouTube Channel, Facebook Group, and G+ profile.

About Us

The Banker provides economic and financial intelligence for the world’s financial sector and has built a reputation for objective and incisive reporting.

The Banker has been the trusted source of banking information since 1926. The Banker has navigated its way through over 90 years of banking coverage from the Wall Street Crash of 1929 to the financial crisis of 2008 with the same reputation for accuracy, authority and integrity.

The Banker strives to stimulate and inform, offering an unparalleled outlook with a wide range of news, features, analysis and interviews, and in-depth coverage of all the key issues facing the financial sector.

The Banker combines in-depth regional and country coverage with reports on:

Markets: Capital markets, derivatives & structured products, infrastructure & project finance and Islamic finance
Banking, regulation and risk: Regulation, retail banking, wholesale banking, private banking, management and governance issues
Transactions and technology: trading, trade finance, securities services, cash management and transaction bankers
Data: International financial centres, trends and rankings, including the Top 1000 World Banks

The Banker offers an unrivalled combination of authoritative news, features, surveys and heavyweight interviews and is essential reading for CEOs, CFOs, corporate treasurers, central bank governors and financial regulators.

Its unique database of more than 5000 banks maps their financial strength and soundness via Tier 1 capital, their profitability and their performance versus their peers.

The Banker is the key source of data and analysis for the industry.

Brian Caplen has been editor of The Banker since 2003. He joined the Financial Times Group from Euromoney in 2000 where he was executive editor of Euromoney magazine for five years. He also worked as a business editor and journalist in Hong Kong and the Middle East for 10 years. He has travelled extensively and done numerous high level interviews with prime ministers, finance ministers, central bank governors and senior executives. He has a first-class honours degree in Development Studies from the University of East Anglia.

Stephen Timewell is editor emeritus at The Banker, having previously been editor-in-chief of the magazine since 2003. Stephen has written on all corners of the globe and covered a wide variety of industry issues, from investment banking to retail banking and technology. Prior to becoming editor-in-chief, he had been assistant editor since 1990; before that, Stephen was Editor of Arab Banker from 1988. In the 1980s, he worked as a political economist for First Chicago and as a finance writer on Middle East Economic Digest.

Joy Macknight is managing editor at The Banker. Previously, she was features editor at Profit & Loss, a foreign exchange and derivatives magazine and conference producer. Before that she was editorial director at Treasury Today, following her editorship at gtnews, both publications that cover corporate treasury. She also worked as staff writer on Banking Technology and IBM Computer Today, as well as a freelancer on Computer Weekly. She has a BSc from the University of Victoria, Canada.

Silvia Pavoni is economics editor at The Banker, for which she oversees the Americas coverage and commissions and writes for the Bracken and Viewpoint opinion columns. She also writes on risk management, sustainable finance and trade, and manages the magazine’s research on international financial centres. Previously, Silvia was in charge of Centaur Media’s specialist database on public private partnerships, which was tasked with providing data to the UK Government. She holds a BSc in Economics and Finance from Ca’ Foscari University of Venice and is an honorary fellow in the department of economics at City, University of London. She is also an adviser to not-for-profit organisation WILL, Women in Leadership in Latin America and speaks Italian – her mother-tongue – and Spanish.

Marie Kemplay is investment banking and capital markets Editor at The Banker. She was previously the content editor for a trade body, the Association for Financial Markets in Europe (AFME), where she worked on a range of capital markets and wholesale finance topics. Prior to that she covered consumer finance for Which? and Which? Money. She has a BA in Journalism and Contemporary History as well as an MA in Twentieth Century British History, both from the University of London. John Everington is Middle East and Africa editor. Prior to joining The Banker, John was the deputy business editor of The National in the United Arab Emirates, and has also worked for Dealreporter, Arab News and The Telegraph. He has also covered the telecom sector in Africa and the Middle East, living and working in Qatar and the UK. John has a BA in Arabic and History and an MA in Middle Eastern Studies from the School of Oriental and African Studies (SOAS) in London.

Kimberley Long is Asia editor at The Banker. She joined from Euromoney, where she spent four years as transaction services editor. She has a BA in English Language and Literature from the University of Liverpool, and an MA in Print Journalism from the University of Sheffield. Between degrees she spent a year teaching English in Japan as part of the JET Programme.

James King is Europe editor at The Banker. Prior to joining The Banker, James worked for economic research and consulting firm, the Oxford Business Group, in the United Arab Emirates and Thailand. He has also covered the global energy sector with The Oil & Gas Year, living and working in the US, Brazil, Canada and Peru. James has a BA in International Relations from the University of Exeter and an MA from King’s College London.

FT Editorial Code

It is fundamental to the integrity and success of the Financial Times (FT) that we uphold the highest possible standards of ethical and professional journalism, and that we are seen to do so.

The benchmark for the FT’s journalistic practices is set by our FT Editorial Code. Compliance with the code is an obligation for all FT editorial staff.

In September 2020 the Financial Times Limited (FT) appointed Greg Callus as its editorial Complaints Commissioner. The role will ensure a continued means of dealing with reader complaints following the closure of the UK Press Complaints Commission. His remit is to support the FT’s existing framework for handling editorial complaints, independent of the editor.

Read about the role here.

If you wish to request a clarification or correction, or make a complaint about any of our editorial content or journalistic activity, please email the relevant publication editor using the details listed on the Contact Us page.

Where any complaint under the FT Editorial Code is unable to be resolved by FT’s senior editors, the Complaints Commissioner will review the matter and recommend any appropriate redress.

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