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Mass Money Machine – Scam or Legit? Find out Here.

June 4, 2016 8 Comments

Mass-Money-Machine-website

 

Product name: Mass Money Machine

Website: The website is down

Price: Free to join + monthly payments

Overall rank: 10 out of 100

Verdict: Borderline scam

 

Right from the start I can tell you that there is nothing special about Mass Money Machine. It’s been promoted for some time now like many other binary trading platforms, but their promotional techniques are a bit different.

But though their promotional techniques are different, it doesn’t make them more successful than other binary trading platforms. I will explain this difference further in my review. For now, I can tell that

Mass Money Machine’s claims are big and unrealistic and they promise you to make thousands of dollars with two clicks of your mouse. If you want to know if making money through trading binary options is as easy as they claim it then I encourage you to read the whole review.

If you want to know the answer right away I can tell you that Mass Money Machine is not worth your time and money. In my opinion, Mass Money Machine is a borderline scam and you would better stay away from this program.

 

The main idea behind Mass Money Machine

The idea of Mass Money Machine is all about trading binary options which has become very popular for a few years now.

The idea is very appealing and most people buy into such programs because of misleading advertising techniques.

Though making money through trading binary options is a real thing, in reality it’s much more difficult than what we are led to believe by programs like Mass Money Machine.

image2

 

 

Pros of Mass Money Machine

  • Free to join

 

Cons of Mass Money Machine

  • It’s not free
  • Investment required – $250 + monthly payments
  • Unrealistic and exaggerated promises
  • The site is no longer working
  • No money back guarantee

 

Mass Money Machine

Since I have a few years experience in making money online and writing product reviews is my main activity, I see the tendency and would like to share my thoughts on what is happening behind the scenes.

I see that most internet based binary trading platforms are useless and most of the time are being promoted as guaranteed way to earn lots of money with little effort. All these promotions are directed towards people that don’t have any idea about trading binary options.

They naively believe that with a few clicks of their mouse they can become millionaires. They are so desperate that even can’t see all the cons of this business.

 

easy-money-claim

 

The truth of this business is that in order to have a chance to earn money you need to invest at least $250. Though all binary platforms claim that you can use their platforms for free, in fact, they are not free.

The difference of Mass Money Machine from other binary trading platforms is that this one requires monthly payments and this of course is not affordable for everyone. Plus you have to pay for the activation which will cost you $47.

Then they have two upsells, one for $97 (monthly) and the other one for $147 – one time payment. This makes the process even harder.

And I forgot to mention that there is no refund in binary platforms. If you invest $250 and fail to make money, no one is going to refund your initial investment.

 

Winning most of the time – Is it possible?

Making money through trading binary options is not easy at all. The idea of automated software is too exaggerated and doesn’t work as it’s advertised. Once you’ve invested your first $250, your job will be predicting the movement of assets in the market.

The problem is that market changes frequently and software simply can’t predict all situations. It becomes even more difficult to predict because when you choose your bid and the time when to bid you must win most of the time and if you fail then you will lose your money.

Winning most of the time is extremely difficult and that’s the main reason why most people lose huge amounts of money in binary options.

I know people who lost thousands of dollars in this business. This opportunity is extremely risky and if you’re looking for something reliable or stable, binary options is definitely not for you.

 

What happened to Mass Money Machine?

Like most other binary trading programs, Mass Money Machine disappeared very fast. I checked their website and it looks like the site was taken down. I can tell you with full confidence that this is very normal when it comes to fly-by-night websites.

On their website Mass Money Machine shows happy customers, testimonials. Testimonials are fake and can be easily bought at sites like fiverr.com. Since MMM site is no longer operating it clearly proves that the info provided on their site was fake.

 

fake

 

And to be honest, I’ve seen many similar sites and this one is definitely not the best one. BTW, it was promoted through Clickbank and since this offer is no longer available at Clickbank it’s another proof that Mass Money Machine was not a good product.

 

The risk of losing money

All binary trading programs can be divided into two groups. One group tells you honestly that trading binary options involves a high level of risk of losing money which is true.

Most of the time you can find this info right on their sites’ earnings disclaimer like one you can see below. For example, some programs like Certified Profits, Trading Everest, Enigma Code have a disclaimer.

 

disclaimer

 

The second group never tells you anything about the risks associated with binary trading platforms. You be the judge what is true and what is not.

 

Internet-based binary options platforms and fraud

There are many warnings and complaints regarding binary options platforms you can come across on the internet. Sometimes people complain that they can’t get their invested money back.

More often binary brokers encourage people to invest more and more money, but when people lose their money, those brokers wash their hands of it and tell that they didn’t guarantee anything.

Plus most brokers don’t even have a trading license. Some people complain that they can’t withdraw their profit from their binary accounts or even worse when brokers ignore their phone calls.

 

binary

binary-options-infoSEC-warning

 

Do some research

If you read my article on binary options on my another website http://yourincomeadvisor.com/binary-options-scam-my-realistic-take-on-binary-options/, you will have a better idea of what this opportunity is all about.

A quick look will reveal you many facts you are probably not aware of. I believe after 5 minutes of reading you will realize that not all, but most internet based binary options platforms are not trusted.

In my opinion, it’s much better to invest your money into other genuine programs, get quality education and quality support instead of risking your money with untrusted binary trading platforms.

The bottom line is that making money through trading binary options is possible, but most of the time and most people lose their invested money which is why I stay away from recommending this type of opportunity.

 

Final word on Mass Money Machine

The only reason why I think that Mass Money Machine is a borderline scam and not a complete scam is because profiting from trading binary options is possible IF you are willing to work hard and learn how to trade the proper way. It does require effort, time and a solid budget.

If you don’t have any of these components then you should stay away from all binary trading programs altogether. Even if you decide to get involved in this type of business you need to do a lot of research in order to find something legit.

The truth is that most binary trading platforms are scams and try to convince you that you can make tons of money with a few clicks of your mouse. And Mass Money Machine is one of such programs.

In any case I never recommend this type of business because it involves a high level of risk of losing money

 

Final glance at Mass Money Machine

  • Free to join
  • It’s not free
  • Investment required – $250 + monthly payments
  • Unrealistic and exaggerated promises
  • The site is no longer working
  • No money back guarantee
  • Overall rank: 10 out of 100
  • Verdict: Borderline scam

 

Tired of programs like Mass Money Machine? Here is my top recommended program. It’s free to try.

 

Filed in: Product Review

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Comments (8)

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  1. Justin says:

    Sounds kind of like the stock market. You can make money at it if you educate yourself and make smart trades. There are a bunch of brokers trying to get you to spend your money claiming they have all the answers, until you loose your socks and then it’s all on you. Very informative.

    • Rufat says:

      Yes, if you educate yourself. That’s right. IF… Unfortunately, most people don’t educate yourself before investing their hard earned money and that’s why they lose their money. You’re right, most brokers try to convince you to invest more and more money because they make a commission out of you. That’s why you have to be very careful when investing your hard earned money. The nature of this business is very risky and I wouldn’t recommend it to anyone.

  2. 2happyfeet2 says:

    Hi Rufat,
    Your review of Mass Money Machine gives a great insight to the scams online. I have read enough about the company to avoid the trap of instant riches. Does this group have a similar scam that they advertise under a different name? I have realized that many of the scammers repackage the same program to make a quick buck.

    • Rufat says:

      In a sense I can agree that many online MMO product owners repackage their programs and sell them under different names. I’ve seen this many times. In fact binary option trading programs are not much different from each other. Most of the time they offer the same service with the same terms. They all offer a free trial, but in reality their programs are not free. They promise quick results and instant profit, but in fact people lose their hard earned money. There are very few legit binary programs and most of them are pure scams. In my opinion, Mass Money Machine is a complete waste of time.

  3. Shawn says:

    Wow, the website is down line really got my attention!
    I figured this would be another one of the many that make claims beyond their means.
    Too bad, it does make the ones that really are good deals harder to believe.
    I am still wondering if they will ever get the site back up.
    Did you loose any money on this?

    Shawn>>

    • Rufat says:

      Hi Shawn, I’m afraid I have to agree with your position. Bad sites outnumber good ones and it’s really hard to persuade people that your offer is good because they have already been scammed many times in the past. Fortunately I didn’t lose money because I know that this type of business is a waste of time and very few people can make any money at all. Plus it’s very risky and my brother lost over $20.000 in this business. I’m not a huge fan of binary options, forex or any other similar type of activity.

  4. Simon Crowe in Asia says:

    I’ve been looking at trading binary options as a possible good money making opportunity for a while now, I came across a video on YouTube talking about the mass money machine but as you rightly say, the site no longer exists.

    It’s true that trading binary options can be a good route to go down but the only problem is there’s lots of scams out there and con artists just loking to take your money unfortunately.

    Thanks for helping people avoid scams like these. Keep up the good work.

    • Rufat says:

      This is the reality Simon. So far I’ve reviewed over 20 binary options programs and many of them are no longer existing. This is really funny. It’s because not all but most of them are scams and can’t deliver what they promise. This one is the same scam. I’m pretty sure they changed their name and moved their site to a different domain. Though making money through binary options is possible I never recommend it because it’s very risky. Many people lose a lot of money in this business. If you’re on a tight budget I don’t recommend it at all. They all explain it as an easy method of making money but in the reality it’s not easy at all. It requires years of experience to understand the market and still it doesn’t protect you from losses.

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