Greenwood Formula Review

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Do you want to get a money generating system that is fully automated? Greenwood Formula seems to be the right choice, but should we trust it? Read our investigation to find out the truth about it!
We discovered that many traders have been receiving plenty of e-mail messages about Greenwood Formula, a binary trading system that promises huge profits within days. The messages guarantee that you can generate money without doing anything, as the system is fully automated. The application is introduced on the sales page by a guy known as Jake.

Over time, we have remarked that these types of messages discussed above may be confusing. Particularly, individuals who are making the first steps into the market can be victims of fraudsters because they lack the needed skills and they don’t know how these systems work. After we learned about the email messages advertising Greenwood Formula, we made a decision to go further and examine it. You can read our analysis in the following lines and discover if it is truly a genuine product or just another fraud.

Basic information:

Cost: Free
Software: 100% Automated
Max Returns: Up to 90%
Minimum Deposit: $200
Countries: All nations

  • The system is fully automated
  • The system is easy to access
  • The return ratio is exaggerated
  • The brokers from their list are not reliable
  • The developer is not proven to be a real person

7BO Verdict:

Not Reliable Service

What is Greenwood Formula?

The application has been released just lately, but if you check out the video clip carefully, you will notice a time indicator that goes back to 2020, June 4. Can you imagine it? Are the narrators making use of re-made video and pictures to advertise their own application? This is exactly what it appears to be. Moreover, Jake says he can provide $10,000 to all people who don’t generate $100,000 within one month. The pictures with the account balances cannot be real since none of their traders may be checked or tracked. We believe that this binary trading system has all the attributes of a scam.

Even if we can’t demonstrate it for sure, there are many warning flags that show us that it may end up a quite dangerous fraud. The clients are encouraged to be careful when getting one step further with this system, because the brokers from their list don’t actually exist.

Greenwood Formula is claimed to be a free application, but when you register, you’ll be required to make a deposit of at least $250 with one of the brokers found on their list. Basically, the application just isn’t free since they get a commission from the brokerage service and you can’t predict when your whole account balance could be entirely erased and your money lost.

How Does Greenwood Formula Work?

The application promises to provide the greatest market signals. As a client, you won’t have to do anything special but let the system work automatically. It should apply its own formulas to create signals. It can also execute trades so that you could feel free and just enjoy your daily tasks.

However, we should warn you that there is no confirmation that their signals are trustworthy. They may be produced arbitrarily. The creator says that Greenwood Formula comes with an 85% return ratio, but this can’t be real since there is no evidence that a trader has generated such money with the help of this application. Basically, the program doesn’t properly work and you may lose your money if you use it.

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Here is how working with the service should look like:

  • Signing up – in order to have access to Greenwood Formula, you need to fill in the blanks with your name and email address.
  • Trading – you have to make a deposit and then choose the automated trading mode.
  • Withdrawal – in case you generate some profits, you can withdraw the money in accordance with the selected broker’s conditions.

Greenwood Formula is a binary trading system that can execute trades in the automated mode. It can open and close trades without your involvement, so you can enjoy your time and relax. At least, this is the official story. After evaluating the program, we haven’t discovered any specific functions that demonstrate that it might be an authentic service and we wonder how such a system can get to a return ratio of 85%. We want to warn our readers to avoid dealing with this service and search for much better trading robots.

Final Conclusion: is Greenwood Formula a scam?

Our final verdict is that Greenwood Formula might not be safe. This application could not generate the promised profits. We encourage you to consider another binary trading system.

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Greenwood Formula / Evergreen Formulla Scam Free Or Fake Auto-Trader? 2.83 / 5 ( 6 )

Is the Greenwood Formula / Evergreen Formulla (not a typo!) software a scam? That’s what I want to know, and I’m sure that’s what you want to know as well. Will you really get $10,000 handed to you just for trying, and will the Greenwood Formula/ Evergreen Formulla (scam?) make you $100,000+ in 30 days? Those are pretty bold claims! You probably landed on this page by doing a search because someone sent you some or other email with some wild claims about your account that already has money in it, you just need to claim it, or some similar story. Let me first tell you that you should unsubscribe yourself from that email list without delay, those type of tactics are simply there to trick you, regardless of how good the software might be.

Unfortunately there is a new incarnation of this old system, which is not called the Evergreen Formulla. And yes, they completely butchered the word “formula” like that to make their domain name unique. That’s just soooo dumb! Please, pretty please don’t fall for this horrible scam that cannot even spell the word “formula”!

Unlike fraud sites might also support the Greenwood Formula/ Evergreen Formulla software that don’t disclose this, we would like to mention something. Regardless which web link or website you make use of to enroll in this service, someone may be paid a commission fee. That includes web links on this website. Our register web links can be trusted, since they secured by SSL HTTPS security, so you can be certain of the starting point.

Greenwood Formula Review

Let’s take a good look at what Greenwood Formula/ Evergreen Formulla is promising you. Jake, the presenter, starts off the whole video by telling you that you have landed on a very special website, and that you are already guaranteed to get $10,000 purely for having found it! Now, wait a minute, let us think about that. He didn’t say he will give the first 10 people that land on the site $10,000 and not even the first 100 or 1,000 people, he left that completely open-ended so he is saying any number of people that arrive on the Greenwood Formula/ Evergreen Formulla scam will all be eligible to receive $10,000.

I hope you realize that whenever someone makes a promise like that, and it sounds too good to be true, that would be because it actually IS too good to be true! What incentive would he have to give away what could potentially run into millions of dollars like that? I’ll tell you why he’s saying that, it is to play you for a fool and hope that you will sign up for the Greenwood Formula/ Evergreen Formulla scam software. How can I be so sure of that? Well, because it is not my first rodeo, so to speak, and I’ve seen this particular tactic being used before, and not a single person got paid thousands of dollars “just for landing on the page.” It’s bogus, fake and that’s all there is to it.

Greenwood Formula/ Evergreen Formulla Scam Testimonies

That’s right, I’m calling the user testimonials on the Greenwood Formula/ Evergreen Formulla website outright fake! Once again, it is because of the absolutely crazy statements made by these people. I know binary options, and while it is indeed possible to make some decent money from it, nothing comes close to the types of numbers that these people are talking about! Especially not in the time-frame of a mere month, and starting from a balance of merely $250.

They all claim to have made hundreds of thousands of dollars, basically all around the half-million mark in as little as 30 days. I can tell you straight that even if you believed in Santa Claus, the Tooth Fairy and Aladdin’s genie lamp and you rubbed it 3 times, you would still not be able to make that type of money from a $250 starting balance in 30 days with trading binary options. Especially not with the Greenwood Formula/ Evergreen Formulla software. There stories that they’re telling you are beyond fairy tales and it is a downright shame that they are making such a mockery of trading binary options.

This one guy even claimed that he made $1.6 million with this software, and no, that’s not real, no matter what it shows on that fake broker account statement. This is EXACTLY the type of system that I want to warn people against! There is zero chance that these people have your interests at heart, all those promises they’re making are only there to make you sign up for their Greenwood Formula/ Evergreen Formulla scam software. Please don’t fall for this, it is simply not worth it!

The site didn’t even exist 30 days ago, so how could all of these people have used it to make so much money, that is, even if their statements were true! If you do a quick check for GreenwoodFormula.com on Who.is you will see what I mean.

I don’t even care what else they might have to say about the software or how it works, none of that matters if they start off the whole presentation by making such ludicrous claims! This system simply cannot be trusted and I would certainly advise you against investing your money with them.

Greenwood Formula/ Evergreen Formulla Hoax Conclusion

All is not lost, even though you came to read this review hoping that you had found a system that will make you some extra cash. Greenwood Formula/ Evergreen Formula is not the system that is going to do that for you. Luckily there are alternatives!

There are more than just a few other systems that we have reviewed on this site that is without a doubt better than this! Note that you should always make sure you are clear about 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.

In fact, if you screw up and select a crappy system, or else select a great system which simply doesn’t do the job for you, we have got you covered with our “ETS Satisfaction Guarantee“. To check it out, click on the shield underneath.

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1 Comment

Greenwood Formula is an awful scam guys, two of my friends lost their investment with these guys in under 2 hours.

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