We have spent a ton of hours investigating the Sydney System scam. Our investigation has discovered some disturbing facts that you need to know prior to making a decision to sign up. The moment I began playing the sales video it immediately became apparent that the Sydney System scam is yet another hoax. It is also a rebranding of a system we reviewed some months ago, the Aussie Method. It is also known as the Brit Method, and the Canuck Method, which is now the Toronto System. In this latest incarnation their claims have become even wilder. I have already gotten a lot of reports of accounts being cleared out with this bogus software, but after our investigation it comes as no surprise to us. This system comes with fake trust badges, and none of their BBB, TRUSTe or Norton icons on the sydneysystem.co site are click-able (try clicking our badges, they’re real).
Unlike fraud websites that don’t divulge this, we want to mention something. Regardless which link or website you make use of to register for this solution, someone may be paid a compensation fee. That includes web links on this website. Our register links can be trusted, since they are behind SSL HTTPS protection, so you can be sure of the origin.
Sydney System Scam Review Summary
Annoying Browser Pop-Ups: Yes
Fake Scarcity Counter: Yes
Fake Testimonials: Yes
Impossible Revenue Gains: Yes
Comes Across As Authentic: No
Convincing Proof of Profits: No
Probability of Being a Scam: 99%
Price: Free. Have to sign up with one of their brokers.
Auto-trading Available: Yes, full auto-trading
How Does The Sydney System Scam System Work?
Binary trading has taken the trading industry by storm over the past few years as day traders who have been used to scalping minuscule returns for small stock movements can now produce returns up to 90% for these same small stock movements with the help of binary trading. The Sydney System scam does these binary options trades on your behalf.
In its most elementary form binary trading is a direction based, win loss proposition. If the trader is right in picking the direction of the underlying asset in a given time frame he/she will earn a predetermined percentage (ordinarily between 60% and 90%), and if the trader is wrong in picking the direction of the underlying stock in a given period he/she will lose anywhere between 85% and 100% of the trade.
Bear in mind that in binary trading the range of the underlying asset move is inconsequential, the direction is all that matters. By using binary options with software like the Sydney System scam, traders also do not have to think about where to put your stop-loss. This is due to the fact that market activity which occur prior to the expiry of the trade has no consequence on the result. This suggests that even when the market spikes up or dips it makes no difference provided that the market ends up either above or below based upon if you carried out a PUT or CALL.
A binary options auto-trading system is therefore potentially a lot safer than regular Forex trading bots, since there are fewer elements that need to be calculated. It does however still need to be accurate and predict winning trades at least 65% of the time.
Sydney System Scam Red Flags
One of the main red flags that immediately alerted us to this system not being worth investing in, were the incessant claims right from the start of the presentation video that you will become a millionaire and make hundreds of thousands of dollars.
It starts with claims of “tens of thousands” of dollars, and then quickly escalates to “hundreds of thousands”.
Before you know it, they’re talking about you making millions! That’s just crazy! The are clearly just trying to bait you into signing up, and this is exactly the type of thing that scam systems do. They toy with your emotions and play on people’s greed.
Sydney System Scam Fake Testimonials
This site has lots of Fiverr.com hired actors from start to finish. In fact, I really did not also have to go check if these people are paid actors, they have actually been made use of in numerous other binary options scams that I recognize them all!
Some of these actors that appear in the Sydney System scam have previously made their appearance in other systems, such as this woman:
She is not the only one, and as you will see from the screen captures below, this site not only uses actors to be spokespersons, they use them for everything!
Does this guy in the Sydney System scam seem genuine? Well, he’s just another Fiverr.com actor, and we even have an image of him in the same shirt!
What about all those other users that appear to be so convincing, they even change every time you visit the site? Well, turns out that those are random photos of people that you can use anywhere you want. Take a look at the screen capture below. It might look a little technical, but simply focus on the areas I marked red. You will see that they mention that the supposed Sydney System scam users are selected randomly!
The system they are using to create these fake users is called “RandomUser“, and it was created with the specific purpose of making bogus profiles of people with fake names to be used as placeholders on websites. So none of it is real.
But what about the main inventor of the system, you might ask, surely Robert Hockton wouldn’t show us his whole family with this wife and kids if this Sydney System scam was all just made up? Sadly, even that beautiful family photo is fake.
Sydney System Scam Review Conclusion
I know that you probably came to read this review hoping that you had found a system that will make you some extra money. Sydney System scam is not the system that is going to do that for you. There are more than just a few other systems that we have reviewed on this site that is much better than this!
Note that you should always make sure you understand the terms of any broker Bonus offers. Ask questions if there are terms or conditions that are not clear to you. All binary options brokers, with the exception of Nadex, are not regulated in the USA, so make sure you understand the implications. You can make money with Binary Options trading, just not with this fake system. Please take a look at our top binary options systems and their reviews.
Can You Make Money Trading Binary Options?
After reading about all the lies and deception, you might be wondering if it is at all possible to make money trading Binary Options, the answer is a resounding yes! With the right knowledge and maybe the help of a system you can make a lot of money trading Binary Options.
We’ve literally spent hours investigating multiple systems to produce our list of top signal services, and the list gets updated constantly to keep pace with all the new systems that come out on a weekly basis.