50k A Week Honest Review | SCAM or Legit?
50k A Week aka 50kAWeek Software is a new semi automated trading software in the Binary Options Industry. It is presented by Josh Harris who is also the Owner and CEO of 50kAWeek Software.
What Is 50k A Week? – Long Story Short
On the Official Website of 50k A Week Josh Harris claims that he can make you $50,000 a week or $500 per minute on fully autopilot, using his automatic trading software 50k A Week.
Harris tells a story about being poor and working for a company called GeniusTech where he learn about trading stocks. He then created a binary options trading software that allegedly has a 99.99% win rate. He called it 50K a Week because it allegegly can make you $50.000 a week or $500 per minute.
Harris says that he needs 60 beta testers to test the software because later he will be selling it to the public for $6.999.
This sounds too good to be true and we decide to investigate this trading software using our 5 factors to determine a SCAM –
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Identity Check – Who Is Josh Harris?
Let’s start with Josh Harris. Josh Harris claims that he is the creator of 50k A Week Auto Trader, but in the presentation video he never shows his face – a voice narrator told us that. Nowadays most of the software creators prefer to stay in the shadows. We never recommend these types of software to our followers. Because if anything goes wrong you cannot make a complaint to authorities for Josh Harris who has no identical picture.
Endorsement Check – Are Those Testimonials Real?
A common quality among most scams is they hired paid actors from the marketplace fiverr.com to endorse their program, where paid actors act as real traders and read some fake stories about how much they are earning. A simple search in Google reveals that same thing happens here. Check below picture to see the proof –
Promise of Gain Check – Accuracy and Profit
As per Josh Harris, 50k A Week is an automated binary options trading software, uses a specialized Algorithm that correctly predicts winning trades on the stock market. It can’t predict every trade, but the program is supposed to be stable enough to generate signals with an accuracy rate of 99.99%. But do we have any proof other than those fabricated testimonials.
Unfortunately Not! We don’t have any proof based on which we can confirm you that this software can profit at all. Just in case you didn’t know, no one has yet created a fully profitable model in binary options trading because no human trader or algorithm can forecast the online markets on 99.99%. The average accuracy is approximately 89% win rate (plus minus) for the majority of the Most Successful Auto-Traders in the Market
Broker Check – Who Will Manage Our Fund?
What happens when you register? First thing you will have to do after registering is to deposit money with their recommended broker and the minimum deposit amount is at least 250 in either currency USD/EUR/GBP/AUD/CAD. This minimum deposit is not a payment for the 50k A Week Broker or Software rather trading capital that will be used for making actual investments on the software platform. This is a common industry standard and we have no problem with that.
Our concern is, What brokers would our investments be handed over to? What are the credentials of those brokers? Are they regulated or not, does any government agency oversee their operations at all? All these questions demand answers!
From the website/video demonstrations of 50k A Week, we failed to find out any broker name that we can confirm if this broker is legit or not! Dealing with unregulated brokers can be very dangerous, because you cannot expect to make any withdrawal at all from them! And because 50k A Week is totally anonymous service you cannot make a complaint to authorities when this happen!
Community Check – What the industry says about this service?
Before we approve a trading software we always check for community endorsements. During our social media and search engine investigation we couldn’t find anything positive for the 50k A Week Software. In fact, we found the opposite. Dozens of complaints and negative comments against Josh Harris and his bogus 50k A Week Software.
50k A Week Review Scam
50k A Week Software Scam Review
These are all the evidences based on which we are labeling 50k A Week Software as Scam. We are not going to open an account with 50k A Week Software and We really hope you’re not planning to waste your money with this SCAM. But if you are not yet convince and interested to try this trading software then Click here
Verdict for the 50k A Week Software
50k A Week aka 50kAWeek Software by Josh Harris is a very simple scam that will make you deposit with an unregulated broker and lose money in trading with a worthless program. Stay away from it!
- Available everywhere to steal your money as quickly as you deposit
- Founder is non-existent
- Fabricated testimonials by paid actors
- Unrealistic signals accuracy rate
- Unrealistic promise of gain
- Brokers credential can't be ensured
- Lack of community endorsement
You should also stay away from similar scams like:
Unlike these blacklisted scam systems which are probably going to drain your trading account much faster than you think, there are numerous other unique and genuine software in the marketplace that based on real reviews made by real traders and proved to work reliably with consistent high winning ratio. We use those products on our daily routine in order to improve our daily income. We have compiled a list of those best money making apps and proudly showcased in our recommended section. So, if you are an enthusiastic trader, searching for a better alternative then we strongly encourage you to visit our Top Rated Signals Services Page and be sure to trade in a safe zone!
However, our intention in this scam review is not to promote other services and to claim that the 50k A Week is a piece of crap instead. Having said that, we have no other choice but to help traders get the right feeling and intuition before they decide to take any further action and losing their investments.
LEGIT and Proven Consistent Results
Every new software tries to bring out something unique with it. Some are Genuine when they speak of novelty while others just spell out tongue twisters. With fancy sounding algorithm names and hyped up statistics, they try every tricks in the book to lure you. Once you are in their grip, they can constrict you and twist you in whatever way.
So for your own safety and to stay on the safe side of the industry, DON’T FORGET to check out our Blacklist Page It might prevent you from signing with scam trading bot!
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