The Real Profits scam by Anthony DiFranco does not really tell us a whole lot about the system, in fact, it really does not tell us much about anything. That is the main reason why we're calling this a scam. The image below, taken from the Real Profits video, does however reveal a lot more than we were hoping to see.
Disclosure: We might get a commission fee if you sign up through any of our links.
Anthony DiFranco claims to be a trading veteran with more than 20 years of experience. We couldn't find any evidence to suggest that this is false, but we also could not confirm it.
Real Profits Review Summary
- Annoying Browser Pop-Ups: Yes
- Fake Scarcity Counter: No
- Paid Actor Testimonials: No
- Impossible Revenue Gains: No
- Comes Across As Authentic: Not really
- Convincing Proof of Profits: No
- Possibility of Being a Scam: 50%
- Price: Free. Have to sign up with one of their brokers.
- Available In: Australia, Canada, Ireland, New Zealand, South Africa, United Kingdom, United States, Germany, Netherlands, Norway, Sweden, Switzerland
Claim To Fame
The real claim to fame that the Real Profits app has is their 97% win rate. Now, I can tell you that as a trader myself with quite a number of years worth of experience, achieving a 97% win rate consistently is nearly impossible. The excellent group of professional traders and admins that provide signals in Mike's Facebook group consistently averages above 80% and sometimes even above 85%, but anything above 90% would be very difficult to pull off purely due to normal market fluctuations.
Questions and Answers Provided by Real Profits (their answers, not ours)
What is Real Profits?
Real Profits really is a 100% Free software application that will trade on the Binary Options markets with simply 1 mouse click! The Real Profits app truly is completely automatic and places successful trades for you!
Our answer: Software like the Real Profits app is often free because the developers get referral fees from the brokers. We've seen a couple of Binary Options auto-traders that does not really auto-trade, so it will be interesting to see if this really does that or not.
Can this be real? How do I know that I'm not being ripped off by Real Profits?
Real Profits actually works! We already went through every last attempt to confirm our accounts and testimonials from others. Everything is updating LIVE and instantaneous, so that you can view the total picture. And the Real Profits app don't cover up any losses, you will see all of it right here! The Real Profits app also provides live updating Twitter and Facebook feeds!
Our answer: I like the fact that the Real Profits app will provide live updates via Facebook and Twitter. That's a huge indicator of them being honest about their signals. It remains to be seen if they will actually do that… watch for updates to this article!
What kind of money can I make using this software?
To put it in a nutshell, there isn't any limit. To put it more from a technical perspective, it actually is dependent upon how much cash you fund your account with. Almost all of our members fund their account with $300, and then make about $800-1000 each day. People who fund their accounts with $1,000 or higher make more than $2,500 each day!
Our answer: We would not suggest that you start off with a large amount of money on a bot such as the Real Profits system that you do not know. Rather start small, and if it works, then scale it up. Makes sense, right?
This image is shown in the Real Profits video, but thankfully they're not claiming that you can make this amount of money with their software in a day!
What's the bare minimum required deposit to trade with the Real Profits system?
You'll want to deposit some funds into your trading account before you'll be able to make profits. Keep in mind, it requires money to generate money. You'll want to deposit a minimum of $250, however the more you deposit in the beginning, the more income you'll make straight away! Don't forget you may make all of it back on your very first day, and you are allowed to withdraw these funds whenever you want! Real Profits suggest that to trade optimally you start off with $500 or maybe more, but $250 is okay too!
Our answer: It's great that the Real Profits system developers are up-front about the Binary Options broker deposit, and it is true that if that if the system does not have a high win rate, it might be best to bump up your initial deposit to $500. However, they're claiming a 97% win rate with the Real Profits app, so it should not be necessary, unless you're greedy 🙂 By the way, if their 97% win rate is accurate, you will make A LOT OF MONEY with this!
Just how long does each trade last that the Real Profits app places?
The Real Profits trades will last anywhere from around one minute to an hour. So you'll see your profits straight away, no more waiting for long periods of time.
Our answer: This makes total sense. We don't favor 60 second trades because the market can be very volatile over such short periods, but in general Binary Options trading is much faster than regular Forex trading where your trade might stay open for a week or more.
Exactly how do you use the Real Profits app?
There are some easy steps to take before you can begin earning profits with the Real Profits app. Step One, watch the video and sign up to gain access to the members area! Step Two, create your account at our favorite Broker, and be sure to complete the documentation required by the Broker. Step Three, deposit money into your account. Step Four, begin making money right away with the Real Profits app! On the first day!
Our answer: This also sounds perfectly fine. It is very common to start making money almost immediately when trading Binary Options. If Real Profits delivers on their win rate promise, you should be making money in no time.
Must i use my credit card when I signup?
Absolutely no way, not for the Real Profits software. The Real Profits App is 100% Free of charge. You won't be asked for your credit card or PayPal or bank information when you download the Real Profits System!
Once you're inside the members area, the Real Profits team will recommend a Binary Options Broker that you can make use of. For this, you will need money to deposit in order to begin to make profits. This is YOUR money that you're just depositing to trade with, and you can withdraw it whenever you want!
Our answer: This is true. The app they give you to trade with is free, but you have to fund your broker account. The money that you deposit with the broker remains to be your money to withdraw at any point. Be aware of bonus offers that limit when you can withdraw your money.
Does the Real Profits application work with Mac computers?
Yes! It's a internet based application meaning you can use it on Windows, Mac or Linux based systems! You simply need an internet browser.
Our answer: This is also another big draw card for Binary Options trading, since a lot of more traditional Forex trading are done on platforms such as MT4 or MT5.
I haven't got a lot of spare time – Is the Real Profits software truly automated?
Indeed! You only need to click on play in the Real Profits app and it will trade for you! You'll be able to walk away from your PC, and enjoy your profits! It's not necessary to be anywhere close to the software for it to work for you!
Our answer: We haven't had firm confirmation that this is in fact the case with Real Profits. If they do really offer fully automated trading, they will be one of a handful of true auto-traders.
How straightforward is it to use the Real Profits software?
Very simple! As soon as you sign up within the members area by filling out a straightforward form, the application is in front of you, simply click play, and make profits! There is absolutely no complicated setup!
Our answer: This is also very true of almost all Binary Options software, and it is one of the main reasons I personally migrated from Forex trading to trading Binary Options.
Real Profits Review Conclusion
We haven't been able to make up our minds about the Real Profits system yet. On the one hand they're making some pretty bold claims, like being able to maintain a 97% ITM win rate, but on the other hand, they're quite open about the sign-up process. We don't trust their 97% win rate claim, but a lot of the other statements they made about Binary Options are accurate.
If anyone has had personal experience with the Real Profits software, please let us know. We would love to hear from you!
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.
Our recommendation is that you rather take a serious look at Mike's AutoTrader and Facebook Group. It's an excellent service with an awesome Facebook group whose top admin traders consistently perform with above 80% win rates – for real!!!