Is Millionaire Society a Scam? Act Fast Because All the Spots will be Gone Within Minutes

July 17, 2015 16 Comments

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Product name: Millionaire Society

Product owner: Brad Marshall

Price: Free to join but requires investment $200+

Verdict: Scam

 

Millionaire Society is a scam. You can read my full review if you want, but if you don’t want to waste your time on this one, I suggest that you take a look at my comparison table and try my recommended program that is free to join. No gimmicks. No credit card required. You will learn how to make money online the proper and legit way. I’m a member of this program too.

 

 

Millionaire Society is one out of many programs that promises you a lot of money on autopilot. Brad claims that he has invented a magic software and spent over $100.000 to make sure that it’s fully automated and will allow you to make money even when you sleep.

In the promo on his website he shows his earnings and claims that he’s made $18.000 in just a few minutes. He tries to convince you that his software has changed the way of things and now you can make as much money as you want with simple clicks of your mouse.

This is of course nothing more than convincing words with empty promises. I’ve reviewed many other binary options programs over the past few months and an interesting fact is that all these programs tell you similar stories about someone who has invented a secret software or a Harvard professor who has secretly generated thousands of dollars in binary options profits etc.

I believe you’re smart enough to understand that all these magic softwares are gimmicks. I don’t want to say that trading binary options is unlawful. No it’s not. But most of the programs are scams and in this review I will show you why Millionaire Society by Brad Marshall is not worth your time.

 

The main idea behind Millionaire Society

It’s a binary options software that allows you to trade binary options (currency pairs) and make lots of money every single day even while you sleep. This is what Brad Marshall and all other guys like him promise you and you need to act fast because if you don’t do all the spots will be gone within minutes 🙂

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Pros of Millionaire Society

  • You can make some money but you can lose all your money too

 

Cons of Millionaire Society

  • No money back guarantee
  • Many complaints
  • Risky venture
  • Exaggerated earnings
  • It’s not free

 

 

Inside the program

1. Like any other business it requires time and dedication if you want to learn how to make money by trading binary options. There are legit sites and fake ones too and Brad’s site is not legit.

You need to gain a fundamental knowledge in this field and also gain enough experience to understand how binary thing works because even experienced traders and brokers are not guaranteed from mistakes.

Sometimes one single mistake can cost you thousands of dollars. I have a real life example in front of my eyes, i.e. my brother who had experience and knowledge and yet ended up losing a few thousands of dollars at Forex currency trading. All this means that Brad’s promise about fully automated software is unrealistic.

 

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2. Most binary options programs start with a promo and you always watch a few testimonials from people that are very happy with the program and the same applies to a Millionaire Society. Brad uses fake testimonials to make you believe that his program is a real deal.

I can open this secret so you can know all the truth about Brad’s program in particular and testimonials in general. The truth is that you can too have such testimonials and all you need to do is just visit Fiverr.com website and find someone who will record a testimonial for you. Take a look at the image below.

 

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3. All binary options programs claim that they are free to use and you can make money without investing your own money. This is not true. In order to start trading binary options you need to add funds to your account, $250 at least in most cases. And the bad news is that there is no money back guarantee. If you lose your money, that’s your problem.

 

4. Brad claims that he doesn’t need your money and all he wants is to see you succeed. This is not true of course. The truth is that each time when you add funds to your account Brad will earn a small commission off you. The same applies to any other binary options program.

 

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5. Some promoters of this program claim that with this software you do not need to worry about trading currency pairs because Millionaire Society “amazing” software will do all the work for you automatically and you will be a winner in most of your trades.

They claim that the Millionaire Society software tracks and analyzes all required data in order to predict market and profitable trades with 100% accuracy and allow you to make money on autopilot. This is not true of course.

Market is unpredictable in most cases and if someone claims the opposite they are lying to you. To prove my words I want you to take a look at some complaints that I found on the web.

All this means that Brad Marshall’s amazing software is not as amazing as he claims it to be. If it was so amazing and fully automated I wouldn’t come across these complaints. Note: first 2 testimonials are taken from onemorecupof-coffee.com

 

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6. All creators of binary options programs, such as Walter Green, Larry, Andrew Taylor, Victor Lambert etc claim that their system is absolutely different from all other softwares available on the web while in fact it’s not true. Brad Marshall’s Millionaire Society is just a clone of other binary options programs and there is nothing new in the system.

 

7. After watching Brad’s sales video you will get access to the members area where you will follow the instructions on how to sign up to the broker and start trading.

Choosing a broker is extremely important for your success and the problem is that most binary options programs work with unlicensed brokers or brokers with a bad reputation. Especially, when choosing a broker you need to find out if there were any complaints about your broker in the past.

Unfortunately I don’t know how you can do it and so I can’t give you any recommendations. Though this means that you are going to risk your money it doesn’t mean that Brad won’t earn a commission. He will earn a commission in any case even if you lose.

 

8. Most binary options programs are illegal and not complying with U.S. laws. Organizations, such as SEC and CFTC have received numerous complaints over the past few years. You can read the full document here.

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9. I don’t want to say that trading binary options opportunity is illegal or a scam. It can be legal or even profitable if you do a proper research and join a legit program that provides you with a quality training but anyway it’s a risky venture and requires a solid knowledge and a lot of experience that comes after years of trading.

Remember that even experienced brokers and traders lose a lot of money in this business, especially in long term trades that require serious investments.

I don’t recommend to get involved in this type of business, especially if you are a risky person but if you want it badly you can continue your search and give it a try.

 

10. Also, another fact that I came across on the web is that most people have a problem of withdrawing their money from binary options programs. That’s why think twice before you invest your money.

 

Final word on Brad Marshall’s Millionaire Society Scam

I think after all these arguments and complaints you have seen above you won’t have any questions as to join a Millionaire Society or not.

I think even if Millionaire Society appeared to be a scam it’s still not the end of the world. There are many other legit programs out there that have been proven through years and are unquestionably reputable.

One of such programs is a program that I’ve personally tried and I’ve been a premium member of it for a number of years now.

The program gives you access to an in-depth training, tools, active community and supreme support that are the main factors of online success.

For now, forget about your credit card and create your free account to try my recommended program and if you have any questions just shoot me an email and I will reply within 24 hours.

 

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Filed in: Product Review

About the Author:

My name is Adam. I'm the founder of Your Income Advisor. My goal is to help others succeed online, by exposing scams and reviewing top rated products. I can help you start your own business online

Comments (16)

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  1. ramzan khan says:

    i have tried for signup but i cant the massage is showing cant register in your country.

    • Rufat says:

      Hi Ramzan,

      If you are talking about Millionaire Society please be informed that I’m not affiliated with Millionaire Society. In fact, I don’t recommend it. If you are talking about my recommended program Wealthy Affiliate, keep in mind that some countries can’t create free accounts due to high % of fraud from those countries. But you can upgrade to a premium account.

  2. Andrew says:

    Hi there! Thanks for sharing this review with us all. The Millionaire Society software is just one in a long line of Binary Trading scams that I have seen over the last couple of years. As for the guy in the video doing the testimonial, he’s been in lots of these videos promoting binary trading. Believe it or not the guy that you picture on your site actually wrote and performed a spoof song on youtube. It was basically a comedy song telling everyone how they had all been ripped off!

    • Rufat says:

      Hi Andrew. Unfortunately, this is our cold hard truth of internet marketing. You’re right. I’ve seen this man in many other videos promoting similar crappy products. Anyone can find his profile at Fiverr.com I think this fact alone is enough to understand that Millionaire Society is a scam and there is no even need to read the rest of the review. Shame on this man and shame on people like him for cheating people.

  3. Anh Nguyen says:

    Hi Rufat,

    If Millionaire Society’s testimonials are already fake, what else could be in their program. It’s much safer not to touch it at all.

    And those lies about how limited the offer is when in reality it isn’t. It can only get people who are not very used to the internet.

    Thank you for the review. I am sure some people needed this before they started joining online programs where their purpose is not to offer services but more to earn money for themselves.

    It’s unfortunate how there are so many “scams” out there about making money online, it’s ridiculous…!

    • Rufat says:

      I agree with you Anh, Though binary trading is not a scam, when it comes to Millionaire Society there are many red flags and taking into account a large number of complaints I really can’t find a single reason to recommend this program to anyone. Limited time trick has been used everywhere and it works only for complete newbies only. To be honest, I don’t like binary trading because it’s a risky method of making money online. You can make a few hundred bucks today and lose all of it tomorrow. It’s like a gambling for the most part. My bother has been doing this type of business for a number of years now (Forex currency trading) has lost over $30.000 and is still hoping to win but it appears it will never happen.

  4. Marcus says:

    Oh, don’t even get me started on the Millionaire Society! I’ve seen this before and it’s just a load of nonsense. Even the name itself winds me up. With a name like that, it is misleading people into thinking they will become rich overnight. For the vast majority of people, that’s just not going to happen.

    It really doesn’t surprise me that the testimonials are fake either. I’ve heard of the whole method of buying testimonial videos from Fiverr before. As soon as you know that they have done that, the game is pretty much over. As soon as I know they have lied about one thing, I won’t trust them about anything else they say.

    • Rufat says:

      Hi Marcus, Millionaire Society looks like a society of wealthy and happy citizens that do nothing and and money is made on autopilot. I agree with your statement that majority of people fail to make any money at all when it comes to binary options programs. There are some good ones but you need to do a lot of research to find legit one and make sure that your broker has a good reputation. Unfortunately, most people don’t do that. They just believe in what they see on their screen and invest their money in programs like this one only to realize later that it’s a waste of time and money. Using fake testimonials is really bad and misleading because a lot of people have no any idea of things like creating fake testimonials for $5 at Fiverr. I think if a program uses at least one trick you’d better stay far away from it.

  5. Stephen says:

    Hi Rufat,

    Great post on the millionaire society. I find your post very informative and helpful. I took the liberty to read other posts on your site and find it very interesting. I will be bookmarking your site to refer back to for future cases. I wish you the best in your future endeavors in online marketing.

    Happy Blogging

    • Rufat says:

      Thank you Stephen for your comment. I’m glad you found my review and website informative. Will be happy to see you on my site again. Best of luck.

  6. Alan Roy Hocking says:

    Hi Rufat

    I’m afraid as soon as I see any online sales pitches that use the words: “Magic Software” or “Fully Automated” I instantly see the red flag “Scam!” and hit the back button very quickly.

    The next warning sign is when they start showing me their “overnight” or “Instant” and very unbelievable earnings.

    You’ve done a great job in uncovering yet another blatant scam!

    Alan

    • Rufat says:

      I totally agree Alan that anytime a program uses such magic words as “Magic Software” or “Making money on autopilot” the alarm bell starts ringing for me and I turn away from the program. These binary options programs like this one Millionaire Society are becoming more and more popular thanks to promising huge profits in no time and most people fall for these program without even realizing that it’s nothing more than a dream. I don’t want to say that all binary options programs are scams because there are few legit programs that provide some sort of training and work with certified brokers. If you join such a program you probably can learn how to make money with this opportunity but still it’s not safe business because some even certified brokers make mistakes and lose money, not to mention those who are just starting out. Anyway, it requires some time and hard work before you learn the whole process properly to minimize all possible losses. If you willing to dive in this field and commit yourself and if not then it’s better to forget it completely because it’s very risky venture.

  7. Kerry Bramham says:

    Hi Rufat,
    Thank you for exposing this program for what it is. I hope you will save many people their hard earned cash by doing so.
    Being an internet marketer myself, I have seen a lot of these binary programs and there is always someone trying to convince me to sign up.
    You have just reinforced my opinion that they are scams and you are better to stay away from them.
    Thanks
    Kerry

    • Rufat says:

      I feel really good for exposing this “amazing” program and I hope I will save many folks from this program. Being an internet marketer I get surprised too how these programs promise people unrealistic things and convince them using different deceptive methods and unfortunately many folks fall for these binary programs. It’s not surprising why they fall for them. It’s because they desperate to find a program that can help them get quick results and quick money and it’s exactly what binary options programs promise them. In fact, trading binary options opportunity is not something unlawful and it all depends on the program you stick with. If you find a legit site and spend some time trying to learn how this system works you probably can achieve some success. Anyway, programs like Millionaire Society is a complete waste of time.

  8. Igor says:

    Hello!

    Does he claim the earning of $18 000 in a few minutes now. That is the new level. I actually tried that “program” a few years ago when I didn`t know better. The only good thing with it was that I actually managed to get the money back. I like the fact that you are actually sharing this info and warn people about it.

    Great review!

    • Rufat says:

      Yes, exactly, Brad claims that he earned this amount of money in a few minutes and he makes many other bold claims too. I wonder how could you get your money back? As I know, if you add money to your account it’s because you want to start trading binary options and it means you can’t take them back. I suppose you could make some money and get them back. Anyway, if you tried it you probably already know that it’s not easy to make money with this opportunity and it again proves that Brad’s claims are nothing more than empty promises. If it was so easy then there wouldn’t be so many complaints about millionaire society and I hope my review will help folks avoid this program before they start spending their hard earned money.

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