The Click Money System appears to be a very popular new binary options trading app that claims it can make you millions within a year. Can such a claim be trusted? We dig deep into this Click Money System to get to the bottom of these extraordinary claims and to help you reach a conclusion. We want to make it clear that we do not want to withhold you from making a lot of money. At the same time, we also want to do our best to keep you from losing your investment with a system that does not deliver. Read the complete review to get the full picture.
Click Money System Review – Is It Good Software?
This brand new Click Money System by a brother and sister duo named Julia and Harold, claims it will make you a cool $16 million in a year! The creators and founders of this binary options trading system, basically start their presentation by stating this, and that is very strange. I don't recall ever hearing anyone with trading experience or a financial background make such a very bold claim with regards to investment returns. When you make such a big claim, it also requires that you back it up with some very impressive proof. That is what we will set out to find.
How Does the System Work?
I must admit that even after listening to the whole long-winded presentation twice, I still do not understand how the Click Money System works. At one point Harold tells us that he is a software developer. He explains that the system will predict “which stock will go up or down in a set period of time.” That's pretty much all we get to tell us how the system works. The problem is that all binary options trading systems do that, because that is the whole point of binary options trading.
Harold also tells us that he spent over $900,000 to develop the Click Money System. Now I have some experience with software development quotes for large corporates, and what he's telling us doesn't make sense. That is a very large budget. If you spent that amount of money on the development and you are a software developer yourself, I'd think that you would love to share how it works. Harold doesn't seem to be interested in that at all, raising yet more questions about the validity of this binary options trading system.
Astounding Revenue Gain Claims
I want to make it very clear that stating that software like the Click Money System will make $14,000 per day on complete auto pilot mode is highly unusual. That is a very large sum for any binary options trading system. If you're good with math, you might also instantly notice something else. No matter how you multiply it out, making $14,000 per day will still not get you close to making $16 million in a single year like they claim.
You should not allow yourself to get drawn into the very long presentation and lose perspective. They're really convincing, but it doesn't necessarily make it true. Don't get lulled into a false sense of security and simply believe all of their hyped-up statements about the Click Money System without testing their claims first.
Strange Performance Proof Inconsistencies
Let's take a look at some of the results they show us to prove how well the Click Money System works. Pay particular close attention to the figure of the “Lost Trades”, and you will notice that it never changes.
They are supposedly showing us the accounts of different people, and yet the number of lost trades stay the same. How is that possible?
Even stranger is the fact that in one example, they show us an account with $11,233.45 as the balance, but with 54,373 winning trades? We are also shown an account with a $14,628.73 balance, with the same 54,373 won trades. Yet, both of them have the same number of lost trades 9,874. It means that the winning trades would only have been a couple of cents each, which isn't how binary options trading works. So that does not compute at all!
Later we are shown an account with a balance of over $10 million, and you guessed it, the number of winning trades and lost trades are still the same. This was the final piece of information that helped me make up my mind about the Click Money system.
The Domain Age
Part of my Click Money System review included checking the age of the domain ClickMoneySystem.com on a site like http://Who.is that tells you when a website domain name was created. This is important, because if someone claims that the software has been in use for a year and the domain is only a couple of weeks old, you know that they're probably not telling you the full truth.
The results are unfortunately not good for the Click Money System since their site was only registered on 2016-08-31. That is little over a month ago, at the time of writing this review.
Click Money System Bonus Explained
Once you have signed up for this binary options trading system, you will immediately be offered a very enticing bonus. They will tell you that there is only one or two bonus offers left, and that once you deposit your $250, they will add up to $10,000 extra to your trading account.
That sounds like an amazing offer by the Click Money System team, and the good news is it is completely valid and legitimate. The problem is that unless you are able to comply with all of the terms that go with the bonus payment, you will not be able to withdraw your winnings. Some brokers even restrict you from withdrawing your initial deposit once you have signed up, until you meet the terms and conditions that go with the bonus.
Not all brokers do this, some brokers allow you to take a bonus and still withdraw money from your account before completing the bonus trade volume requirements. So be aware that accepting a bonus might lock your account for some time, and make sure what is expected of you. If you are unsure, discuss it with your broker.
The Click Money System is not a binary options trading system that we recommend. I'm sure you can agree after reviewing all the elements of this binary options auto-trader that there are simply too many things that do not add up.
Not all is lost though. If you are still interested in trading binary options, take a look at the systems on our top performers list. They have been tested and proven. Always remember that trading is risky, do not trade with money that you cannot afford to lose. If you are a US resident, then keep in mind that Nadex.com is the only fully US regulated binary options broker.