Complaint Review: Greenwood Formula - Internet
- Greenwood Formula Internet USA
- Phone:
- Web: http://greenwoodformula.com/
- Category: Brokerage Companies
Greenwood Formula Jake Greenwood Formula is a Scam Internet
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Greenwood Formula is a new name for a binary options robot. The software itself has been used by many companies operation under various names.
Before you become another victim of the binary options scam, there are a few things you need to know about Greenwood Formula.
You can start off by checking out the Perpetual Formula. You will see once you signup for it, that it is the exact same product as Greenwood.
Alternatively, you can use Neo2 which is the most widely used signals service.
What we saw on the Greenwood Formula sales page was a disaster.
They are trying to convince you that a person deposited $200 at some offshore broker and made a profit of $1,101,213.
That is just simply not true because Greenwood Formula is a fraudelent app.
They are even bold enough to blatantly lie on their website and write:I Will Make You $100,000+ in the next 30 days! Otherwise I will pay you $10,000 just for trying!
We really hope you did not believe that.
Greenwood Formula Review
The auto trading system / robot that this company uses in a basic random numbers generator (see picture below). The only option it gives you is to set the amount of money per trade.
Once you turn on the robot, it will place a few trades each day on your brokers account.
What is actually more important for you to know is at which broker did they give you an account.
Did they setup your account at a real licensed broker, or with some offshore scam operation?
Usually these systems work with many scam brokers, or with brokers who do not allow automated trading in their terms and conditions. You can read more about the scam here.
This report was posted on Ripoff Report on 05/26/2016 10:45 PM and is a permanent record located here: https://www.ripoffreport.com/reports/greenwood-formula/internet/greenwood-formula-jake-greenwood-formula-is-a-scam-internet-1308005. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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