The Millionaires Maker Review
Product name: The Millionaires Maker
Website: themillionairesmaker.com
Price: Free to join
Verdict: Scam
The Millionaires Maker is a relatively new program known in the past as Quit Your Jobs that has been taken down recently.
Names are different but the idea is the same. Both programs promise you instant wealth and a luxury lifestyle you have been always dreaming about.
I first planned to review Quit Your Jobs and then found out that their website is redirected to a new one, called The Millionaires Maker.
After doing some research I realized that their site had been taken down due to a high number of complaints and negative reviews on the internet.
The same may be well applied to many other programs on the internet that claim to teach people how to make money online fast and easy.
All these programs are trying to sell you a shortcut to making millions which in reality is nothing more than a dream.
In my present review I’m going to take a closer look at this amazing software and I will explain in details if The Millionaires Maker can really make you a millionaire.
The main idea behind The Millionaires Maker
The main idea of this amazing software is to make YOU a millionaire the fast and the easy way. They have an amazing promo video on their site with testimonials that support their claims which is great.
You can become a millionaire through trading binary options which is mainly buying and selling currency.
The software is created in a way to do all trading on autopilot. Making money this way is very popular these days. It’s popular because some people are making money which is good.
But many people are losing money and they are losing thousands of dollars.
The question is: Is it then possible to make money this way? And how much can you make? How fast? Is it a risky way or you are protected from any losses? All these questions will be answered within my review.
Pros of The Millionaires Maker
- You can try for free
Cons of The Millionaires Maker
- Requires investment of $250 at least
- The Millionaires Maker is a new version of Quit Your Jobs website
- Many complaints have been submitted to SEC in regards to internet based binary programs
- Trading binary options involves a high level of risk if you do it without knowledge and experience
- No money refund
- Fake testimonials from Fiverr.com
- Unrealistic claims and false promises
Inside the program
Are all binary options programs scams?
The topic of making money through trading binary options is one of the hottest topics of nowadays and there is a great amount of information available on the internet about it.
It looks like everyone wants to make money through binary trading programs because it looks easy and requires little effort on your part.
An overwhelming majority of these programs are obvious scams because binary options sites come and go very fast due to tons of complaints and ripoff reports.
It’s because they make huge claims and provide zero value to people. I have reviewed over 20 binary trading programs and most of them are either scams or not recommended. Here is a list of quite a few binary programs.
I think this fact points to this opportunity being highly questionable. I don’t mean that making money through binary options doesn’t work. I mean the majority of the programs available on the internet are scams.
But making money with this opportunity is absolutely possible if you get trained and gain knowledge from the reliable source, not from fly-by-night website like The Millionaires Maker.
What reliable sources tell us about internet based binary trading programs
To prove my statement I want to share with you some info I’ve found on the internet.
Organizations, such as SEC and CFTC have reported of a large number of fraud associated with websites that are promoting binary options opportunity.
If you read what is written on the screenshot below you will realize that there is huge problem with the majority of sites that promise you to become a millionaire through binary trading programs.
The second warning comes from another website legitimacy of which is out of question. Here is a screenshot of the article in which Gordon compares Binary options opportunity to gambling and to be honest I have to admit that it’s true.
You never know the market
Though trading binary options is not exactly gambling and requires knowledge and experience however I agree with him. This opportunity is very similar to gambling because you never know the currency market. You can make money and you can lose money too, no guarantees.
That’s why many people lose a lot of money on long term trades when they want to make a big buck and instead lose all their invested money.
Long term trade allows you to deal with a considerable amount of money and if you are lucky to predict the currency market you are the winner and if not, you are the loser.
The software doesn’t have a human intellect and doesn’t know what the economy is like, what kind of changes are going on in the market. People who make money through binary options or Forex never use any kind of software like the Millionaires maker.
The Millionaires Maker = Quit Your Jobs
When I put quityourjobs.net into my browser and hit the enter button I was immediately taken to the Millionaires Maker website. The question is: Is it good or bad?
Of course, it’s very bad because the only reason for this to happen is a large number of complaints and negative reviews.
The bad news is that the same may and will most likely happen to the Millionaires Maker website. This is simply a matter of time.
Can you try the Millionaires Maker for free?
Most of the binary trading programs allow to try their amazing software for free with virtual money. This is of course good, BUT it doesn’t solve the problem at all.
Virtual money can be lost and there is disappointment for that. When it comes to real trading you have to invest real money, $250 at least. And there is no money refund for your invested money.
Are the Millionaires Maker’s members really millionaires?
The Millionaires Maker has lost all respect in my eyes when I found out that testimonials they had used in their promo video were fake. To prove my statement please take a look at the image below.
This guy claims to be a millionaire thanks to the Millionaires Maker program. And below that image there is another one from Fiverr.com
It appears that this guy made this testimonial specifically for the Millionaires Maker website for $5. Can you imagine that? CAN YOU IMAGINE? A millionaire that makes a testimonial for $5? What a shame!
Can you trade binary options without knowledge and experience?
Most of the binary trading programs claim that they can make you a millionaire in x amount of days. Can this really be true? I told in many other reviews on my site that making money through binary trading programs is absolutely possible. But it can’t be done using the software alone.
There is no software in the world that can know all the ins and outs of the market and that’s why it can’t predict the market with 100% accuracy. There is a very good chance that your software will make the wrong prediction and you in turn will lose all your invested money.
The only way to be successful in this business is to learn how to do it properly. There are some legit programs online that can teach you this through a certification course.
It will take some time and investment and then you need to practice to gain some experience.
Anyway, there is no guarantee that after certification course you won’t lose money on binary options. Of course sometimes you will win and sometimes you will lose. No one knows how much you can win or lose.
Is it safe to trade through the Millionaires Maker?
Also, keep in mind that in most cases programs like the Millionaires Maker connect you to unlicensed brokers which means you will be risking and losing your money while the broker makes a commission off of you in any case. I recommend you to contact your bank and get the list of legit, licensed brokers.
Does the Millionaires Maker guarantee you to become a millionaire?
When you watch the Millionaires Maker promo video you will be amazed how money can be easily made using their software. If you read their earnings disclaimer you will notice that it clearly says that the Millionaires Maker doesn’t guarantee that you will earn any money using their software.
How much can you make with the Millionaires Maker?
I’m not really sure if you can make any money at all using this program for three simple reasons: they use fake testimonials, they don’t guarantee that you will make money, there are many complaints about binary trading programs.
Final word on the Millionaires Maker
1. Is the Millionaires Maker a scam? Most likely YES.
2. Do I recommend it? No, I don’t recommend it.
3. There is a warning from SEC, CFTC and Forbes
4. All legit binary trading programs always warn people about high level of risk
5. Complaints, fake testimonials, no money refund and unrealistic claims.
It’s a zero-sum game, which means, whether you win or lose, the money just changed hands and no value is produced. Unlike with entrepreneurship that when a customer transfer money to the business owner, there’s a product produced and transferred in return to the customer. In a money game like binary options, the money just changed hands, no products or additional value created. In fact, if you are a religious person, you can consider the practice of binary option as “immoral”.
Exactly, no value here. In fact, there is no product. I learned this aspect that you are talking about. Some consider it’s legit while others consider it is immoral. I tend to the latter. Because it’s very similar to gambling and in fact, most people that enter this so called business lose money, a lot of money. And there is no refund in this business.
It was interesting to read your article about this scam. I just don’t understand how they can get new clients as the Internet is full of similar scams! Is it because people would like to believe in dreams of getting rich fast and without any efforts? It’s reality that it isn’t possible. Big promises always seem to be fake promises as most such testimonals! I agree with you that with knowledge, one can make money with binary options as with anything if you have the ability, knowledge and spend time and effort.
You are right. They catch naive people because those individuals still believe in the idea of easy money. They dream instead of working hard and that’s why they get scammed by programs like The Millionaires Maker and the like. Over the years I’ve seen many programs are most of the time big promises come from programs that deliver zero value while wanting your money immediately.
Thanks, Rufat, for this very useful and informative review. I’m personally very suspicious of anything that has ‘millionaire’ in it’s title. You can almost smell the scam straight away. Programmes which immediately focus people on the (possible) end result rather than what is required to achieve it are deceiving the people who get hooked into them. I’ve also learned through personal experience not to touch binary systems. I only wish I’d found the sources of information you show in your review before getting involved. I can certainly vouch for Wealthy Affiliate as I’ve been a Premium Member there since January 2017. Of the various online marketing training programmes I’ve tried out, this is by far and away the best one for the simple, structured training and the support you get both from ‘corporate’ and from within the Community.
It’s good to know that you have some experience with binary options which means you know it feels to lose money in this system. It’s like gambling. You can lose $1.000 in no time. My brother lost over $20.000 in this so called business of making money. It’s more a business of losing money than making it.
Hi Rufat,
Wow! Another eye opener! I am so glad I have found your site. I myself am an affiliate marketer, a newbie though i must say. And my belief in humanity and it’s goodness have been restored by people like you who go out of their way to forewarn the world about scams out there. I have been scammed a few times before. I trusted people, gave them my hard earned cash only to be left in the dark groping around.
Never again! As like you, I have found the #1 Program that is honest and genuinely helps and trains you to be successful online.
I am hoping one day i will be like you and post reviews as thoroughly as you have done about The Millionaires Maker. Such a shame that this is so rampant nowadays. I have friends that have invested in other six-figure-teachers and networks-that-empower, and nothing has happened to their online business nor increased their financial stability.
Kudos on an awesome website.
Ann
It’s really bad that you have been scammed in the past and I’m glad I helped you avoid the Millionaires Maker scam. This is a complete waste of time and money. Especially it makes me laugh when see fake testimonials in the promo video and then look at the photo of this guy from Fiverr.com
All these 6 or 7 figure teachers are nothing more than a waste of time. You would better build your own business and stay away from programs like the Millionaires Maker.
Binary options scams are common these days. Who can really thinks he will become a millionnaire without doing anything? What I liked in your article is that you show how scammers pay for false reviews of their products, which in this case proves that The Millionaires Maker is a scam. Binary options are anyway risky for the beginner who have no previous experience in trading.
You are thinking in the right direction. Only those that don’t have any experience online in making money, can believe that making money is easy and it’s they who fall for programs like the Millionaires Maker. Although binary options business requires a lot of knowledge and experience and some people are happy with this opportunity, I mean the opportunity itself is not a scam, most programs that I’ve come across so far on the internet are trying to scam people by promising them quick profits, millions of dollars in x amount of day. It’s very interesting and ridiculous that most of these programs make the same promises. They promise that you will be a millionaire in 2,3 months and of course they are lying. If they use fake testimonials in order to promote their fake opportunity, it means that they are lying to you regarding making millions. That’s why I think scam is the best definition for this program and describes in the best way what this amazing program is about. Beginners and risky people should stay far from such programs.