- in Investing , Reviews by Derek Marshall
The Quick Cash System Scam!! [Exposed]
Looking for Quick Cash System Reviews?, you have probably heard all about this one and the huge income claims.
But, are they legit? - You are probably wondering if Quick Cash System Is A Scam and what exactly is this money making system?.
All those questions and much more I'll answer in this independent and unaffiliated review!.
But, before I get started I congratulate you for being very smart, on the ball and internet savvy by doing your research.
This is how you stay safe online, avoid scams and find the best way of making money.
Let's get cracking on with this review and find out if the Quick Cash System Is a Scam Or Legit!.
Quick Cash System Review
Product Name: Quick Cash System
Founder(s): Sarah Markel - Fake name, Robert Allan, probably a fake name also!.
Product Type: Automated Trading Program.
Price: Min Deposit US$250
Best For: Nobody!
Summary: Binary Options trading is difficult to make money from, and even more so with automated software. Find out how Binary Options Trading and the automated software really works by reading below! It is utterly shocking!.
For something less Shocking and Completely Legit Click The Red Button Below!.
Rating: 0/100
Recommended: No.
Because MORE MONEY IS Waiting For You. The Question Is: WILL YOU TAKE IT?!?
More...
What Is The Quick Cash System?
The Quick Cash System, by Sarah Markel is an automated Binary Options trading software program that claims you can make a 90% profit just by using the software.
The free signals have been expertly formulated by successful traders who designed the quick cash system platform.
As an options trader, you can make either manual or automated trades.
It is really only a question of when your money runs out and your account drained - often long before you even get properly started trading.
Most users report that they lose money as opposed to making it with this software.
I have yet to see a single genuine report or testimonial from anyone profiting from the quick cash system to the figures claimed in the sales video.
How Does The Quick Cash System Work?
The Quick Cash website make the claim that successful traders using their software are profiting by 90% for the trades that they are making by using the automated trading option.
They are also claiming that many users are becoming millionaires in as little as 100 days by using their platform.
In reality this is far from the truth. Most likely the only ones making money are the product owners and the stock brokers!.
I have seen this countless times with automated trading programs, and yes, I have fallen foul to this kind of scam myself!.
A few years back, out of curiosity I had a coder friend and online businessman have a look at an automated trading program I had bought a couple of years earlier.
Can you guess his findings?
The software was pre-programed to make you lose money, to perform losing trades.
The why of such evilness I couldn't figure out until years later I met a former Morgan Stanley Broker who explained to me how it works.
The creators, who have invested a lot of money into building a free platform make money from you when you sign up with their list of recommended brokers under a set conditions which usually depends on a minimum deposit (hence the US$250 minimum deposit).
They, as an affiliate for the broker will earn a commission of say 20% (US$50 on a US$250 deposit). This part I knew, and had already figured out.
But what about the broker who has just forked out a $50 finders fee? how do they make money?.
After all they have not just given away $50 for the sake of it!.
Binary Options trading is a bet on the value of a particular asset or commodity. You are betting on the commodity or asset that it will either rise or fall in a certain time frame.
If you bet correctly and win, the broker pays you your share with the winning amount.
If you lose, you not only lose your initial stake, you lost your money - nothing to pay out for the broker.
In this case are betting against the market and not the actual broker, in an evil twist of fate the broker wants you to lose because this is when the broker is most profitable.
Think about it - no winnings to pay out!.
That is, if it is a real broker, more often than not they are fake!.
The above screenshots extracted from the wikipedia page on binary options, clearly detailing fraudulent activity involving binary options.
In short, you really should not get involved in any form of binary options trading unless you are a genuine expert and never get involved with options trading online where you are virtually guaranteed to lose.
After all, even if the so called broker is a genuine broker they make more money when you lose!.
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Who Is Sarah Markel?
Sarah Markel is most likely a fake made up name. When I signed up on the capture page I started receiving emails from "Robert Allan" and not Sarah Markel.
Having researched and investigated Robert Allan I found this name to be tied with other online trading software scams. Most likely this is also a fake name as no other information is available.
If you have the solution to endless wealth and the apparent ability to end world poverty by turning someone, any number of people into a millionaires in 100 days you would be more famous than Bill Gates!.
The whole world's media would know about you and your face would be on every magazine!.
Quick Cash System Members Area
The Quick Cash System members area and access to it is covered in unmissable promises. On the second page there is the obliged "broker" that you have to sign up with.
You are not given an option nor a list of brokers to choose from. It that broker or nothing.
That broker is Titan Trade, whom I highly suspect are a fake brokerage firm.
Recommended: This Is Exactly How I Earn A Mid 4-Figure Income
Titan Trade Brokerage
The amount that you must deposit as a minimum is US$250. When you register, ever so kind of the broker to double your money.
They will match your deposit dolar for dollar!.
If Titan trade are genuine how do they then make money on your $250 deposited by giving you another $250?
Sure, the numbers on the screen will show $500.
Thank you very much...can I cash out now and be $250 up?
Of course you can't!.
You are obliged to make a minimum number of trades before you can cash out.
Remember what I told you earlier about the broker making more money when you lose?
What do you think is going to happen before those minimum number of trades have been made?
Uhh huh!!.
Bingo!
You are going to be kissing good bye to all of it!.
What I Liked About The Quick Cash System
After having reviewed over 600 opportunities of varying categories like cryptocurrency, MLM's, Drop shipping, Affiliate Marketing, Investing, working from opportunities of various kinds I can honestly tell you that there are very few that are so disgustingly bad and outright scams that I have not found a single plus point about the product.
Even if something is outdated like a training product you still might have learned something or if a product has some kind of refund policy or even if it is of low quality but something can learned there is still a plus point.
Not with The Quick Cash System.
Nothing good here I am afraid to say!.
And I am a positive Pete kind of person!
What I Did Not Like About The Quick Cash System
Right! Where do I get started here!
Obviously you know by now I just don't like this product. Let's just start with the main point!.
It is an outright scam. The software is designed so you lose money - even with a genuine brokerage firm it is designed that way!.
It just not possible for you make a single buck with the quick cash system but you will end up US$250 out of pocket.
No more to say on my dislikes other than it is a straight down the middle scam - I suspect the brokerage firm is fake too - either way fake or real you just won't make money.
It is in fact, in the scammer best interest to use a fake broker as this way they make more money.
And given that, according to the FBI that big crime syndicates are involved with this kind of scam would you feel safe using your credit card on such a site with this kind of person owning it?
I'd be scared they take my card details and empty my account all together!.
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Can You Make Money With The Quick Cash System
In my opinion absolutely no way at all will you make money with the quick cash system. It is rigged so that you don't!
Is The Quick Cash System A Scam Or Legit?
Binary options trading is very much a scam where it is in a brokers best interest that you lose.
Trading software is often rigged to make you losing trades. Go figure!.
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My Quick Cash System Review - The Final Conclusion
This is one opportunity that you should avoid like the plague!. Stay as far away from this or any automated trading system as you can.
You can make money trading - only when you know the skills, but unlikely in the realm of binary trading will you ever make money and never using a magical piece of software - NEVER!.
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