Monaco Treasure App Scam Review Beware of this Scam Binary Trading Software

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Monaco Treasure App Scam Review: Beware of this Scam Binary Trading Software

Quick money making schemes and fast rewards, these are the gimmicks and bait scams like Monaco Treasure App uses to lure unsuspecting people. Monaco Treasure Software is a binary auto-trading app that was launched in 2020, it places trade on automatically for binary trading and can make you $20,000 a day. Is this for real? Read our Review of Monaco Treasure App.

Blacklisted website: www.monacotreasure.co

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Who is behind the Monaco Treasure App?

The alleged owner of this software is Alfred Malone. Through ou the sales pitch of Monaco Treasure Software, we never saw any live footage of him, we just saw flashed images of the supposed Alfred Malone. We dug further and found out that the picture of Alfred Malone is a stock picture bought from Shutterstock( a website where images could be bought). As a matter of fact Alfred Malone is a fictitious name, he is used to present this scam software. The real owners are hiding behind the hood to scam people of their money.

How does the Monaco Treasure Software Work?

According to these scammers this software uses the Artificial Intelligence Application which seeks out winning trades from top binary traders database and then places the trades at the exact required time. Sounds Great, right? This are one of the dubious ways this scammers employ to deceive people by using a BOGUS or highfalutin word to bamboozle you. Nothing like the Artificial Intelligence Application exists in binary options trading, it is a well made out phrase to deceive you.

False Testimonials and Fake Claims

The testimonials of Jessica Blake and Steve Mignanelli as seen on the website of this software, are all false.

They are paid actors hired from fiverr.com ( a marketplace where you can get services for as low as $5) and that is not their name however. They are not users of the Monaco Treasure App, they were just paid to make false claims. This is one the techniques this scammers use, they employ the services of actors to make ludicrous claims of how their stupid scam softwares are game changers, to deceive traders. This software can never make you $20,000 a day as it claims, instead you would lose your money

Conclusion

Monaco Treasure Binary App is a scam software, you should avoid. Your money would be lost when you sign up for this scam. They would steal your money by asking you to deposit with their unregulated broker with a minimum of $250 to start trading. Real autotrading softwares also require you deposit to a broker which is regulated, from which it would start placing actual profitably trades from you, they don’t hide the brokers they are compatible with so you can do a check up on it, but scam softwares use shady brokers and in the real sense places no winning trades. The sole aim is to get your money through their unregulated brokers and leave you weeping. Use only the softwares our professional traders recommend.

Our recommended best performing software is BinaryOptionAutotrading

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TBBOB

Fighting online scams since 2020

CREEPY SCAM: Monaco Treasure review

In this review we prove that Monaco Treasure is a binary options scam. It is presented by Alfred Malone.

Malone says that he will reveal you the secret of rich people from Monaco. It is an artificial intelligence trading software that can allegedly make you thousands of dollars. It is trading binary options.

And Malone wants to give you his Monaco Treasure for free, so you can get rich for free. Really?

Table of Contents

Monaco Treasure scam

The sad truth is that Monaco Treasure is a scam designed to rip you off. It will take your own money and lose it. So not only it won’t earn you a single cent, it will also make you poorer if you use it.

Alfred Malone

Let’s start with Alfred Malone. He is a scam artist, or rather a fictitious character. This person does not exist. Scammers just made up a story and a person to make their scam look credible.

Look at the picture and you will see that they show a stock photo, there is no Alfred Malone with this face. This is the first proof of scam.

Fake testimonials

The fraud continues with testimonials. Scammers hired some actors to endorse Monaco Treasure, but all the claims about this trading system are fake.

None of them ever traded with this program. Look at the picture and you will see that they are actors that sell testimonials for five dollars. This is the second proof of scam.

Crappy software

And finally we have the Monaco Treasure App itself. It is a piece of crap that is losing money. How do we know it? Well, it is a piece of software used by many scams that we are getting a lot of feedback about from real users.

Check the picture and you’ll see some examples of other scams that are based on this same trading software, like Step2Wealth, Cash365 and The Infinity App. All these scams are losing money to real traders!

The truth

So how does Monaco Treasure really work? The basic principle is very simple. People who run this scam are getting paid by some unregulated brokers for referring new depositing clients. So they need you to sign up and deposit with one of their brokers, it is how they make money.

This is why they won’t let you use their software before you deposit. They cannot let you know that their app is losing money before they get their commission.

Conclusion

Monaco Treasure is a scam that won’t make you any money. If you use it, you will lose your own money, because it cannot trade profitably!

If you want to see how real money is being made in trading binary options, try a free demo account with a regulated broker. On the demo you can learn how to trade with profits.

Forget about free trading apps, they are all scams.

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RISK DISCLOSURE

Trading binary options may not be suitable for everyone and may also not be legal in your jurisdiction,make sure you are aware of the risks involved as there could be total loss of capital. Don’t trade with money you cannot afford to lose. Binary Options is prohibited by the ESMA. BestBinaryOptionsWatch.com cannot be held liable for any damage resulting from use of information on this website. The FTC Required Affiliate Disclosure: BestBinaryOptionsWatch.com is a professional review site that is independently owned and as such, opinions expressed here are our own. We receive compensation from companies whose products we review. However our professionals test each products thoroughly and recommend the best.

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