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

The "Harry Jones Brit Formula Trading Software" Scam

There is no "Harry Jones" Brit Formula trading software. The website britformula.com, which claims that Harry Jones created the trading formula and software called Brit Formula that everyone can profit, is a fake being operated by an online scammer. There is no such trading software or formula. If you search the internet, you will not find a Harry Jones Brit Formula Trading Software on any reputable website, except on some deceptive websites created by scammers to convince their potential victims into signing up for binary options trading accounts with a broker and depositing a minimum of $250 or $300 into the accounts.

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Also, the people giving their testimonials on the website are paid actors. Therefore, online users are asked not to register or invest in the bogus "Harry Jones Brit Formula Trading Software."

The "Harry Jones Brit Formula Trading Software" at www.britformula.com

Remember, this is how the scammer going by his so-called name, Harry Jones, makes his money, by convincing members into opening binary options trading accounts with a broker, which he will make a commission from 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.

There is a lot of binary options trading scams online that are similar to The Harry Jones Brit Formula Trading Software. All the scammers do is to change the name of the company and website, then they get actors to create an appealing video with rented luxury homes, cars, jets, which they claim they own, in order to convince viewers into believing in their scams.

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 often times 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 set up a demo account. Just search for “open demo binary options account.”

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

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