The Cash Loophole which you received an email about is just another white label, binary options trading robot, that has been used many time before under various names. The single purpose and goal of Cash Loophole is to introduce you to an unlicensed binary options brokers scam that is located in the Marshall Islands. The software was released to the public on November 21st 2016.
Alert: The real chances of making real money and a real profit with Cash Loophole, are slim to none. If you get lucky and make money, the fake “broker” will close your account because it violates their terms and conditions.
Cash Loophole Scam
2016 is the year or social media, and before you plunk your money down on a suckers bet, ask your friends on Facebook what they think. Share this article on Facebook and the responses from your friends will shock you!
Did you really believe what they said on their website!
“This Legal LOOPHOLE Racks Up To $1,987 EVERY THREE HOURS Like Clockwork…”
The real results are much different than what he is promising you.
One person sent us an email saying that he lost on 90% of the trades that the system placed for him. Another naive investor told me that he invested $10,000 with an offshore broker and wants to know how he can get his money back.
So before you decide to donate your money to an online fraud, do your research and compare the various legitimate auto trading systems.
The Cash Loophole Software
This binary options funnel works like many others. It starts by showing you a rags to riches story about a guy selling mattresses, and then he starts using this trading app, and becomes an overnight millionaire.
When we started trading, we managed to make $100 profit on a $500 deposit, and it took many hours of work. We didn’t try using a trading robot, instead we used a real licensed binary options exchange. (See Nadex.com in the United States, or Daweda.com in Europe)
What the The Cash Loophole did was choose to work with these offshore, unlicensed, scam brokers who hook you, by disallowing auto trading robots within their terms and conditions page. Which means that even if the robot software gets lucky and makes money, you cannot withdraw that money and you lose!
You should really read in the binary options forum what other people are going through trying to get their money back from online fraud brokers.
Real Binary Options Brokers
There are about 20 binary options brokers that are licensed in Australia, United States of America, Singapore, Cyprus and South Africa.
- Traders in Europe usually choose 24Option.com
- Traders in South Africa & United Kingdom use ETXCapital.com
- Traders in Australia & Canada use HighLow.net
- Investors in United States only work with Nadex.com
The vast majority of brokers that you find online for trading binary options, do not have a license, and are simply fake fraud brokers. You should look here to see the new list of the most popular licensed and regulated brokers.
Popular Auto Trading Robots
A real automated trading software to trade binary options comes with a lot of customization options. They will usually allow you to choose your own broker, select which forex pairs the robot trades, employ multiple trading strategies, stop loss and risk management controls.
More than 100 fake trading robots are available for binary options today, but a serious person almost always choose one of these popular robots: