A new SCAM by the name of 50K Mission was just released. My name is Michael Freeman and here’s my mission for today: to get this review 50K views so that NO ONE signs up with this scam. I am amazed at the number of fraudulent systems that are released every day. Even before they are released, many review website already prepare the ground by promoting them. Unfortunately, I just don’t have the time to deal with them all, but here’s one that really set me off. So read this review carefully and stay away from the 50K Mission SCAM!
I get emails every day from people asking me about different binary options scams. By now, I have become a master scam exposer. So rest assured that this review is not a promotion in disguise. When I say that 50K Mission is a scam, I really mean it! Let’s go over 50KMission.com so I can teach you how to easily recognize a scam.
First of all, look for too-good-to-be-true promises. If a website promises that you make “life-changing amounts of money in a week” like the 50K Mission does, it’s a pretty good sign that you’re dealing with a scam. They write that “with its proven track record, the 50K Mission is 100% guaranteed to bring you profits” and “there’s virtually no limit on how much and how fast you can earn money with 50K Mission.” Such promises are unrealistic and even deceptive in the highly risky binary options industry.
Second, beware of fake bank accounts screenshots and forged trading results. At the bottom of the 50Mission.com website, you can find an example of bogus results. How can you tell that they’re fake? For one thing, a 100% ITM for 300 trades is never possible. Also, the payout is $15,500 while the start balance is $250. Again, not possible. Normal returns on winning trades are around 85%. So even if you invest $250, the highest possible profit is $212.5. To get a payout of $15,500, you would need an investment of $18236 per trade.
Finally, and it’s not really the last thing we could point out, there are endless signs that 50K Mission is a scam, look for false comments and fake testimonials. Scam websites usually use actors to deliver false testimonials. With the 50K Mission, you will also find fake FaceBook and Twitter comments. How do we know that these comments are fake? Easy. Notice that the comments are not really linked to FaceBook or Twitter so you cannot press on the users’ names to view their profiles. Also, surnames are missing and the times don’t change. For example, the comment by Jay from “2 mins” ago which says “what is happening?? My account now sits at $23,891.44 I only depositd $300 4 days ago, this is insane.” You can check it again 2 hours later, or even 2 days later, it will still say that this comment is from “2mins” ago.
Seriously, I could go on and on, but I hope that even this short review teaches you an important lesson on recognizing scam offers. I know that many of you are looking for a quick way of making money, but unfortunately that’s not how it works with binary options. You need to start slowly and learn as much as you can. (I provide a lot of free material on my blog.) sign up with a Free Demo Account while you’re trying new services. One of the best places to learn is my FaceBook Signals Group. For free webinars, screenshots and testimonials, check out my Binary Options YouTube channel. My FaceBook group is not just a signal service but also a supportive learning community. When you are ready to sign up with a broker, make sure to go with EU regulated brokers.
If you have any questions or feedback, please comment below this review!