Online Threat Alerts (OTA)
An anti-cybercrime community alerting the public.

Micheal A. Wright Algo Cash Master Zulander Hack Binary Options Trading Software Scam

The so-called Micheal A. Wright Algo Cash Master Zulander Hack financial trading software located at website: www.algocashmaster.net, is another binary trading software scam. There is no such binary option trading software, and the people in the video on Micheal A. Wright's website are actors. Also, if you search the internet, you will not find a Micheal A. Wright that created a financial trading software called the Algo Cash Master Zulander Hack on any popular or reputable websites. The scammers behind the fake software and website aims are to trick online users into signing up for binary options trading accounts with a broker and depositing a minimum of $250 into the accounts. The scammers then make commission every time those online users trade, whether they lose or earn money on their so-called investments, taking part in very risky binary options trading.

Advertisements

What is Binary Options Trading?

Simply put, Binary Options trading allows you to basically trade by saying “yes” or “no”, and if you predict the right outcome you win a predetermined amount. If you are wrong, you lose your money.

Remember, the trading of binary options can involve overall market risk. In nearly all cases markets can and oftentimes do move in various directions without ample warning. Although there are ways to predict potential market movements, even the most thorough of analyses cannot always accurately pinpoint exactly which direction the market will take.

Online users, the best way to get to know Binary Options trading better is by using a demo account. With such an account, you can trade under real market conditions without risking your own money. There are a lot of websites on the internet which allow you to setup a demo account. Just search for “open demo binary options account.”

Related articles:

Check the comment section for additional information, or share what you know or ask a question about this article, by clicking the 'View or Write Comment' button below.

Note: Some of the information in samples on this website may have been impersonated or spoofed.

Share this article with others.
Advertisements
Write / View Comments (3)
View on Online Threat Alerts (OTA)
Help Maintain Online Threat Alerts (OTA)