Greenwood Formula Review

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Choice!
    Free Trading Education!
    Free Demo Account!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!!!

7 Binary Options

Marcio

Latest posts by Marcio (see all)

  • How to Become a Great Trader? – March 2, 2020
  • 7 Mistakes Novice Traders Make (Please, Avoid Them) – February 12, 2020
  • 5 Day Trading Tips You Want to Know – January 20, 2020

Do you want to get a money generating system that is fully automated? Greenwood Formula seems to be the right choice, but should we trust it? Read our investigation to find out the truth about it!
We discovered that many traders have been receiving plenty of e-mail messages about Greenwood Formula, a binary trading system that promises huge profits within days. The messages guarantee that you can generate money without doing anything, as the system is fully automated. The application is introduced on the sales page by a guy known as Jake.

Over time, we have remarked that these types of messages discussed above may be confusing. Particularly, individuals who are making the first steps into the market can be victims of fraudsters because they lack the needed skills and they don’t know how these systems work. After we learned about the email messages advertising Greenwood Formula, we made a decision to go further and examine it. You can read our analysis in the following lines and discover if it is truly a genuine product or just another fraud.

Basic information:

Cost: Free
Software: 100% Automated
Max Returns: Up to 90%
Minimum Deposit: $200
Countries: All nations

  • The system is fully automated
  • The system is easy to access
  • The return ratio is exaggerated
  • The brokers from their list are not reliable
  • The developer is not proven to be a real person

7BO Verdict:

Not Reliable Service

What is Greenwood Formula?

The application has been released just lately, but if you check out the video clip carefully, you will notice a time indicator that goes back to 2020, June 4. Can you imagine it? Are the narrators making use of re-made video and pictures to advertise their own application? This is exactly what it appears to be. Moreover, Jake says he can provide $10,000 to all people who don’t generate $100,000 within one month. The pictures with the account balances cannot be real since none of their traders may be checked or tracked. We believe that this binary trading system has all the attributes of a scam.

Even if we can’t demonstrate it for sure, there are many warning flags that show us that it may end up a quite dangerous fraud. The clients are encouraged to be careful when getting one step further with this system, because the brokers from their list don’t actually exist.

Greenwood Formula is claimed to be a free application, but when you register, you’ll be required to make a deposit of at least $250 with one of the brokers found on their list. Basically, the application just isn’t free since they get a commission from the brokerage service and you can’t predict when your whole account balance could be entirely erased and your money lost.

How Does Greenwood Formula Work?

The application promises to provide the greatest market signals. As a client, you won’t have to do anything special but let the system work automatically. It should apply its own formulas to create signals. It can also execute trades so that you could feel free and just enjoy your daily tasks.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Choice!
    Free Trading Education!
    Free Demo Account!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!!!

However, we should warn you that there is no confirmation that their signals are trustworthy. They may be produced arbitrarily. The creator says that Greenwood Formula comes with an 85% return ratio, but this can’t be real since there is no evidence that a trader has generated such money with the help of this application. Basically, the program doesn’t properly work and you may lose your money if you use it.

Here is how working with the service should look like:

  • Signing up – in order to have access to Greenwood Formula, you need to fill in the blanks with your name and email address.
  • Trading – you have to make a deposit and then choose the automated trading mode.
  • Withdrawal – in case you generate some profits, you can withdraw the money in accordance with the selected broker’s conditions.

Greenwood Formula is a binary trading system that can execute trades in the automated mode. It can open and close trades without your involvement, so you can enjoy your time and relax. At least, this is the official story. After evaluating the program, we haven’t discovered any specific functions that demonstrate that it might be an authentic service and we wonder how such a system can get to a return ratio of 85%. We want to warn our readers to avoid dealing with this service and search for much better trading robots.

Final Conclusion: is Greenwood Formula a scam?

Our final verdict is that Greenwood Formula might not be safe. This application could not generate the promised profits. We encourage you to consider another binary trading system.

Greenwood Formula Review – It’s Scam Positive?

Scammers are Pro now. The Forex industry is so vast that creators of trading software have to go to great lengths to get the attention of traders. The same goes for Greenwood Formula. A new CFD trading software. Videos are becoming more movie-like, websites look expensive, testimonials are professionally filmed.

I love it when I come across such trading bots – eventually, it turns out that the only thing that is good for them is their presentation. Such expensive promotions make the Forex robot to look like a nice deal. And authentic, too. People usually think “No one would invest so many funds in something that can easily be exposed as a scam”.

Greenwood formula is a trading bot of this kind. The people behind it and the persona, built to act as the creator Jake, have invested a lot into something that looks good but does not actually work. This is the conclusion my investigation led me to.

Review Verdict: Greenwood Formula is a Scam

Greenwood Formula and its Unrealistic Promises

When I see a Forex system claiming it can generate cosmic profits per day, my inner scam detector starts blaring. According to the creator Jake, Greenwood formula is capable of earning up to $15,000 per day and a six-figure profit in a month.

The creator guarantees that the success of the software is 100% which is basically impossible. And to make this sound even more outrageous, Jake will give ten thousand dollars out of his own pocket to every trader who does not reach the $100,000 mark in one month.

Let me just say that such promises are given to make people think that they will win at least $10,000, even if the software does not work for them. And usually, such promises are empty as they come. Once you register and fund your trading account, nothing guarantees that you will be given this money.

The words of a paid actor with no last name (exactly like the random Jake, supposedly the creator of the Greenwood Formula software) do not have any legal power. I say that this is just another lie to lure people into signing up with Green Wood Formula Forex robot.

No Information on Greenwood Formula or Jake

I already mentioned that Jake has no last name. We know nothing about this man who supposedly created the profit-generating software Greenwood Formula. But how? Greenwood Formula is said to be a fully optimized software, distributed for free. But neither the introductory video nor the one in the members’ area provide information on how the Forex actually works.

What technology and algorithms allow GreenWood Formula to generate such impressive profits as quoted by Jake? We have no idea either of how the trading process goes or what features does the system have.

Instead, the second video, embedded twice into the members’ area, instructs us on how to open a trading account with a recommended by GreenWood Formula broker and how to fund it. We all know how this is done and we all know about this $250 minimum deposit. What is important is how the Forex robot works and not one of the videos gives us that information.

Greenwood Formula is a Luxury Scam

From the looks of it, creators of the trading bot have invested a lot in an effort to scam traders. Users’ profit statements are provided on the website. To be honest, I was impressed with the figures generated by the clients of Greenwood Formula. Those are some boldly displayed results. And they are fake. I searched for the users online and it turns out, all of the photos are either stock or stolen.

This proves what a scam Greenwood Formula is. My advice is to stay away from it. Nothing good can come out of signing up with it. Probably the creators will make a massive rip off just to return their investment into the presentation of Greenwood Formula.

Review Verdict: Greenwood Formula is a Scam

Hello, I am Collin Tyusm. I am a Forex blogger. I have created my blog, because I want to help people learn more about Forex & CFD Trading Software and Bots.

Greenwood Formula Review

Greenwood formula is a new binary options trading product. The developer of this system is promising to make traders over $100,000 in the next 30 days and if he doesn’t succeed he promises to pay you $10,000 just for trying. I’ve seen promises like these made hundreds of times before and when they failed the developer never followed through.

Today I’ll be providing a review of this software and letting you know if it’s a dreaded scam or something that we can trust with our hard earned money.

Your Rating: [ratings >

Greenwood Formula Review

There’s really nothing special about the Greenwood formula sales page. There is a video, an email subscription box and a bunch of images that we can only assume are supposed to reflect traders of this system. Laid over a picture of a map there are 5 traders that have supposedly made hundreds of thousands of dollars from a starting balance of between $200 and $1500. If you try to click on these images to see any verified proof there isn’t any, and the people who put together this website even spelled New Zealand wrong. Considering there’s less than 100 words on this page, it’s a little concerning to me that there are simple spelling mistakes. While this may seem irrelevant to you, in the grand scheme of things it hurts the professionalism of this offer and casts a little doubt in my mind.

How are these trading accounts verified? I don’t see any proof.

In doing some quick research on the Greenwood formula it’s quite apparent that the developer of this system is not a multimillionaire and he’s actually just an actor. He played a starring role in the profit maker method binary options system. This doesn’t necessarily mean that this system is going to be bad but it’s never a good thing to be tied to a failing product.

The testimonials on the website share a similar fate as it turns out they are fake, and we’ve seen the exact same actors used in the release of the amissio formula system. While I don’t mind the use of stock photos or actors when it comes to the developer of the product I certainly have a problem with using fake testimonials. My reason for this is because if you have a successful software it’s very easy to send an email to your clients and ask them for testimonials. There is no reason for a developer to use fake testimonials unless their product isn’t good.

I am not recommending the Greenwood formula binary options trading software to any of the binary today readers. If a binary options developer is going to use fake testimonials I want nothing to do with them. I said it before and I’ll say it again. If you have a binary options software that’s making people thousands of dollars then you could send an email to all your clients and have hundreds of real testimonials within a few days. I don’t believe this software is working for anyone and I don’t believe that it will work for you. Please let me know what you think about the system by leaving your comments below the article now.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Choice!
    Free Trading Education!
    Free Demo Account!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!!!

Like this post? Please share to your friends:
Binary Options Trading Guide
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: