1K Daily Profit Review | A Binary Trading Scam
As more automated online earning programs keep popping up all over the internet, so do the scam programs and for a lot of newbies, it can be quite difficult to differentiate between the two.
As compared to the others, 1K Daily Profile makes slightly different claims about the returns and earnings but come on, so do a number of scams.
1K Daily Profit is an automated trading platform that promises to make trading easy for newbies too and automate it without manual and regular monitory of your trades.
But how much of this ‘1k Daily Profit’ is actually true? Is it just the other scams? Let’s find these answers below
Name: 1K Daily Profit
Owner: John Becker
Price: $250 minimum deposit
What is 1K Daily Profit?
1K Daily Profit was created by a John Becker who is a computer programmer and a trader. With his efforts, he put together a system that reads news and patterns and uses that to make fast, profitable trades.
Making use of the auto-trading function, 1K Daily Profit connects all the binary options brokers across the world. This type of reach is simply amazing, especially if you are a newbie working with just an internet connection and PC/mobile phone.
However, there are risks involved with auto-trading, so it’s recommended by the users to create a demo account first and to put a minimum deposit and learn how the system works.
How Does 1K Daily Profit Work?
The algorithm used in this program is based on the knowledge of an expert trader. This algorithm uses a powerful computation that assists in making trades with a number of markets.
You can begin trading by depositing a minimum amount of $250 for a new trader. It is also recommended that you start small while being on a brand new platform like this.
Once you click on the 1K Daily Profit website link, you are ‘forced’ to view a welcome video where John explains the program but it turns out that he is using ‘Banc De Binary’ and this broker has been closed because they were ripping people off!
This made me think, that why would they treat 1K Daily Profit any different?
How To Sign Up To 1K Daily Profit
Now that you know a bit of what the program is about, let’s take a quick look at the procedure of placing a trade on 1K profit.
Step 1 – Register
Click on the link mentioned above and create your account, if you wish to but I wouldn’t recommend it. They just ask you for a few of your details and then you’ll receive an email with a link that redirects you to the members’ zone.
Step 2 – Deposit Money
Now, you can make an initial deposit using your credit card. You can do this by clicking on the ‘Add Funds’ button which is at the top of the page.
Step 3 – Start Trading
You can start your tradings with stocks, bitcoins and more. Additionally, you can also turn on the ‘auto-trading’ button at the top of the screen to start trading automatically. You should start small and learn and go-ahead with it.
1K Daily Profit Support
1K Daily Profit claims to have a 24/7 friendly support system that will help you out whenever you are stuck somewhere.
Unfortunately, there’s no address or phone number provided just an email address ( firstname.lastname@example.org), which isn’t much of a help if you ask me because people don’t usually respond quickly to emails.
Advantages of 1K Daily Profit
- This program is built in a way that the inexperienced traders too won’t face an issue understanding what you are doing.
- Demo Account that will help you learn how the platform works before risking any money.
- Withdrawal is available 24/7
- Can Access different assets like stocks, cryptocurrency and more.
Disadvantages of 1K Daily Profit
1. Fake Testimonials
The testimonial videos and the comment screenshots shown are not real people but are Fiverr actors and edited images. And they are making all these claims to earn money.
Larry Elision is the person who’s image is portrayed as John Becker. Also, Goldman Sachs is a fake testimonial.
These testimonials are used to endorse these scammers.
2. Too good to be true
John Becker promises that you’ll earn up to $1k in a day by using his fully automated binary trading system.
There is absolutely no way that a newbie will make 1K in a day. This itself should raise the alarms.
It’s true that there is a risk in whatever you do in relation to trading but losing your hard-earned money with a program like this is definitely a no-no. You might end up losing more money than you are making.
Just a question – If this program as good as shown in the advertisements, why are they hiring actors to make fake claims and testimonials?
Is 1K Daily Profit a Scam?
Yes, 1K Daily Profit is a scam because trading with binary is not that different from gambling and using automated trading software is no different too. With programs like these, you are more likely to lose all your money than making any!
1K Daily Profit is filled with fake testimonials, edited results, images, fake personas and no evidence whatsoever about this program actually working. Additionally, they provide little to no information at all on how the system works.
If you are truly determined to make money online and start up your own business, you should use a legit program that will help and train you to build your own business online.
I hope this review has helped you make your decision on joining the 1K Daily Profit program. If you have anything more to add to this, please feel free to do so in the comments section below.
Have you ever fallen prey to these online scams before and have lost tons of money? Personally, I have fallen for a few before coming across this one legit program that gives you exactly what it promises and it’s FREE to try!
You can click here to read My Review of the Most Recommended Internet Business Opportunity