Quantum Code is a new Scam binary options auto trading software. Disguised as a profitable investment application, the Quantum Code system aims to rob new unsuspecting traders/investors of their hard earned money. Shady marketers are heavily promoting this system using email marketing campaigns . If you are one the ‘lucky’ people to receive their shady offer in your inbox, we highly recommend you read this review through to the end. We have investigated this system thoroughly for you and will be reporting our findings in this comprehensive Quantum Code review. Do not make any investment decisions before reading this review!
What is Quantum Code?
Quantum Code is a binary options auto trader that was developed by Michael Crawford. This technologically advanced piece of software trades for its users on 100% autopilot by using sophisticated trading algorithms. Supposedly, this app is able to generate its users $10,000 to $100,000 in daily profits with little to no effort on their part. This is the claim made by its developer and owner, Michael Crawford. The Quantum Code software apparently achieves this incredible feat by very quickly copying the trades made in the financial markets by other binary options traders.
Is Quantum Code a Scam?
It most definitely looks like a scam! Let’s begin with the developer/owner of the Quantum Code scam, Michael Crawford, who is also known as “The Wall Street Wizard”, “The Millionaire Trader” and “The Nicest Rich Guy in the World”. These are just self-proclaimed titles Michael has given himself. They have absolutely nothing to do with how reputable Michael actually is as a person. Michael claims to have been featured on Forbes and other financial magazines. This is also not true. We searched Forbes and several other well known financial magazines but the name Michael Crawford does not appear anywhere. We didn’t really need to do this since we know for a fact Michael is a scammer! He appeared in a previous scam we reviewed called Terran Capital.
$10,000 – $100,000 in daily profits with ZERO investment!
The Quantum Code scam guarantees its users anywhere between ten thousand to a hundred thousand dollars in earnings daily (roughly $1.8 million monthly). All this, without the need for making an investment. These are one of the most ridiculous claims we have come across in our scam reviewing career. Even the best auto trading software we have tested does not make such outrageous statements. First of all, the software requires a $250 minimum deposit to get started, which disproves its zero investment claim. Secondly, it is impossible to generate $10,000 a day with a low investment of $250. Anyone who trades binary options for more than 2 weeks will know this. They only make these statements to deceive new gullible traders into investing with them.
Quantum Code trade copying system
The software supposedly copies trades made by other binary options traders and executes them faster than the original traders do, and at a better price. That is how it achieves its ‘100% trading accuracy’ This is another load of BS for a few simple reasons:
- In order to copy a specific trade, that trade has to have been MADE ALREADY. How can a software copy and execute a trade faster than the original trader? The only way this can be possible is if the Quantum Code software also comes with a time machine. Then you can travel back in time to execute the trade before the person you ‘copied’ does it.
- Assuming the Quantum Code app is able to copy trades, there’s no guarantee it will enter the trade at a better price or strike-rate. If the price trend continues to go up or down, it may never return to a favorable level for you to enter it.
- When copying trades, there is no guarantee that trade will be a winner. What if the system copies a losing trade? How does the system know the trader it is copying has a 100% win rate? The answer to that is simple. The Quantum Code ALSO comes with a crystal ball which lets you look into the future. 😉
Fake Badges & Limited Spots left
The deception doesn’t end there. The McAfee, VeriSign and GeoTrust security badges you see on their website www.thequantumcode.net are fake! In no way do they actually represent security. They are strategically placed to fake ‘trust’ and ‘authority’. A lot of new traders fall for this and sign up with these scam artists thinking they have been verified by these security companies. These scammers even make use of ‘limited spots left’ counters to encourage users to sign up quickly without having the time to read credible reviews. We tried signing up with 3 dummy accounts when the counter reached 0 and were still able to. So much for limited spots!
Quantum Code Review Conclusion: BOGUS Software!
No system which uses these many deceptive marketing strategies should be invested in. We have seen more than enough here to label the Quantum Code Software a SCAM and will be adding it to our list of blacklisted services. However, do not be too discouraged. Binary options is a very lucrative form of trading which involves a lot less risk compared to Forex and stocks. Most of the services you will be confronted with are money-stealing machines. It is important that you read credible reviews before signing up with any of them to verify their legitimacy.
Here at BSR, we test and review binary options services on a daily basis. 95% of the software we audit end up being fraudulent systems. Only 5% of the systems we review actually make it to our recommended services list. This should give you an idea of how many scam apps are being circulated as profitable auto traders. If you have any questions/feedback, leave us a comment below or contact us at firstname.lastname@example.org. We love hearing from our readers and respond to all comments/emails within 24 hours. Trade safe!
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