Do we call this an Insiders Circle scam, or is the InsidersCircle app a legit Binary Options trading signal service? The live chat that the InsidersCircle app offers has a big impact on this review. Our knee-jerk reaction to an untested Binary Options system is almost always that it's a scam, so labeling it the Insiders Circle scam is my first response. However, doing so would mean that I simply slapped on the Insiders Circle scam label without even investigating it properly, and I owe you more than that. The “chat” feature is something that especially caught my attention, so I'll be taking a closer look and give you a full and honest review.
Disclosure: We might get a commission fee if you sign up through any of our links.
UPDATE: HOLD OFF ON THIS FOR NOW PLEASE. The screen people are seeing after signing in is not the same interface as what is shown in this video. If you're looking for a tried, tested and proven trading group with great results, we suggest that you rather look at Mike's Facebook Group .
Finally got to the bottom of what is going on with the Insiders Circle app interface. It sounds like they had issues with the interface they wanted to use, and at the last minute they swapped it out for the same back-end as Virtnext. Therefore, if you sign up for the Insiders Circle app, you will currently be getting the same system as you would have with Virtnext.
I'm hoping that the developers will be able to sort out the problems they experienced, and revert to the original plan of the chat interface you see in the video below. I'll keep you posted!
The Insiders Circle app by Matt Warren hasn't even launched yet, so there aren't a lot of sites that have reviewed it at this point, but it looks like this is going to go viral. InsidersCircle app is going to launch tomorrow, November 30, 2015 and I'm sure you are going to hear a lot more about this system in the coming days. Let's first do a quick overview.
Insiders Circle Review Summary
- Annoying Browser Pop-Ups: No
- Fake Scarcity Counter: No
- Paid Actor Testimonials: No
- Impossible Revenue Gains: No
- Comes Across As Authentic: Yes
- Convincing Proof of Profits: No
- Possibility of Being a Scam: 10%
- Price: Free. Have to sign up with one of their brokers.
- Available In: All Countries
Insiders Circle Scam Or Is Insiders Circle Legit? How Do I Decide?
So how do I determine if a system like the InsidersCircle app is a scam or not? Well, if you have read some of my reviews, you will know that I normally start by looking at the site itself. I check for disclaimers, Fiverr.com actors and how believable the claims are, based on my experience and knowledge of Binary Options and trading.
In the case of the Insiders Circle app, they have disclaimers, terms and support links, so full marks there. There are some other aspects that you need to be aware of though, such as the “as seen on” references, which I could not find specific proof of.
There are no Fiverr.com actors on the Insiders Circle app site, so that is really good, but their marketing department really messed up with their photos. This is something that I've seen on a lot of sites, and I'm not even referring to Binary Options sites. I recently contacted a rather big and well-known company, because I found that they had used a random photo they found on the internet as the photo of one of their customers – that's exactly what's happening here. The marketing department of the big company that I contacted replied to my inquiry about their customer photos, and guess what, they had no idea! The customers had provided them with photos and they obviously didn't want to use their own photos for some reason. I'm not saying that's what happened here with Insiders Circle, but it's possible.
This Insiders Circle review is not going to let them get away with that, because you're probably going to read about this on other blogs that are negative about the InsidersCircle app, but they will just use it as an excuse to push their Amazon book or whatever.
I still want you to read the full review, because the Insiders Circle app has at least not hired Fiverr.com actors to lie on video about being users of their software.
So this is not Matt Warren's photo, but I want you to think about this, if Insiders Circle is a scam, why would they have a live chat feature inside their app where you can talk to other traders? If this is an Insiders Circle scam, they would be very dumb to allow a live chat feature where everyone would be very quick to talk to each other about how the software is not working.
This Is Why We're Not Calling It The Insiders Circle Scam
- It would be very dumb for the developers of the Insiders Circle app to include a chat feature if the software did not give you good results. If the Insiders Circle app did not provide good trading signals, people would immediately start talking about it in the chat and no-one would use it.
2. If this was simply scam software, they would not bother to have a coach to work 1-on-1 with you to help you with the set up, since they would already have your money when you signed up.
3. You will be assigned an “Insider Buddy” and given their contact details so that they can assist you to start making money as soon as possible. If this was a simple scam, they would be crazy to do that.
4. If this was a scam, they would have simply given you a “one-click millionaire button” type scammy system instead of actually requiring you to take the trades for yourself at your broker. The fact that the Insiders Circle app gives you a community of fellow traders makes it vastly different than just some scam.
Overall, the fact that this service evolved from a Skype group into a slick trading platform that gives you Binary Options trading signals that you can discuss with other members truly makes the Insiders Circle app unique.
I've got no qualms about saying that this reminds me a lot about Mike's Facebook group of which I've been a member for over 8 months now. There is nothing that beats a trading community where you can get signals and trade together.
If you’re completely new to Binary Options trading, it might be a good idea for you to first familiarize yourself with how Binary Options work by signing up for a completely free demo account. TradeThunder is an excellent broker to start with, since they offer a completely free demo account! They also have very low starting balance requirements, so you could literally start trading Binary Options with as little as $20 in your account! Never trade with money that you cannot afford to lose.
In order to protect you and to comply with regulations, all brokers will ask you for some form of visual identification, such as your driver’s license, as well as the last 4 digits of your credit card, and proof of residency. This is standard practice and you should expect to be asked for this type of documentation. However, you should note that they must allow you to blur or block out your driver’s license number and the first digits of your credit card. Always only invest money in trading that you can afford to lose. Remember about our ETS Guarantee, click the badge below to find out more.