Protected Profits launched some months ago, but I'm still getting emailed about it, and a sudden uptick in emails from them has now prompted me to refresh this Protected Profits review. The latest trick I've picked up on now is that the emails about Protected Profits somehow end up at a website about public speaking, not sure what that is about. Clicking the link I have to Protected Profits now goes to the Insiders Circle app. Either way, I suggest you just stay away!
Disclosure: We might get a commission fee if you sign up through any of our links.
So how do we know the Protected Profits app is a scam when they have just launched their protectedprofits.com website? Do I still think it's a scam now that they have launched? Maybe. They still have their reputation that's counting against them. It is because the creators of the phony Protected Profits app have previously created binary options scams such as Verified Trader, Fisher Method and Verified Profits.
UPDATE: These are actual trades I took while in under an hour, with an ITM win rate of 80%! These trades are based on what the Protected Profits app suggested, and I must say that I'm surprised and impressed! It might be that the “Protected Profits scam” could be better than I thought it would be!
Protected Profits App: Great Interface, Bad Reputation?
It all comes down to reputation. We really do like their new interface, it looks really good and it even shows live trading results, along with a history of past trades. The Protected Profits app site must have experience some technical glitch when I was doing my YouTube review titled Protected Profits App Review – CALL or PUT or LAUGH, because all their CALLs were PUTs and the other way around. That must have been a technical problem, I'm very sure that they would have fixed that by the time I'm done writing this review.
We initially found something fishy about the Protected Profits scam binary options trading system prior to their launch. We found that it's from the same creators as the infamous Fisher Method that has already been debunked as a scam!
Not only did we find that the launch links pointed to the Fisher Method, but even the marketing material has simply been copied over and is exactly the same, take a look at this email snippet from the Protected Profits scam:
It shows the Protected Profits binary options domain, but the email snippet reveals that it is from the same people that dumped the phony Fisher Method system on people! The guys from the Protected Profits app have removed this particular piece of marketing material now that they have launched, but I would still caution you to watch out and consider carefully if you want to go for this.
This is not the only proof we have, but we might already get into trouble for revealing this much, however, it's safe to say that you should rather save your money for something else that can actually bring you proven profits!
Protected Profits Scam Developers Track Record
This is supposedly the CEO of the Fisher Method, Jacob H. Clark, got to love how they put that middle initial in there, always makes someone sound important. Here the alleged CEO Jacob Clark is on the first page of the Fisher Method scam site:
And here he is, identifying himself as Jacob Clark, and even dressed a bit more relaxed so that it is easier for you to identify with him as not just a CEO of the Fisher Method and master of all things pertaining to binary options trading, but also a ‘regular guy'.
But wait a minute, with just a little bit of investigating, we find the same guy on some other site! I also checked their staff members, and he's not listed there. Dig deep enough and you'll find him in a couple of other spots on the Internet as well. This guy is definitely not the CEO of the Fisher Method. Thankfully he doesn't make an appearance in the Protected Profits scam.
If that is not enough, you just have to go to the Fisher Method website to see the usual slimy sleazy marketing tactics! So “this video is only for people who want to make AT LEAST $500 per day..” – really??? C'mon that's just sad. It is also terrible that the Protected Profits scam is probably going to dupe people into falling for their slick marketing, rather protect your own hard-earned money and invest it elsewhere. You also will not find anything about these guys on SkyNews, CBS, TNW or Bloomberg – those logos are just there for decoration and to cheat you into thinking that they are legit.
All of this does not mean that there are not true, tried and tested binary options systems out there. Just like with almost everything in life, whenever there is a fake, there is an original. You probably got to this site because you were looking for a legitimate system to make extra money, you heard of binary options trading, or maybe you're already an old hand at binary options trading, so let me point you to at least two services that I know and trust.
The first is Michael Freeman's auto-trader, aptly called Mike's AutoTrader, which comes with free access to his excellent Facebook group (you can't just get in, it's a hidden group). Check out our review. The other option is Keith's XE Trader, and you can read that review by clicking here.