Green Wood Formula – Scam or Not

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In GreenWood Formula’s promotional video, which you can view here, the creator of the formula ‘Jake’ promises to make any users of the formula hundreds of thousands of dollars within the next few months or he will personally give them $10,000 out of his own pocket. Of course, as he repeatedly emphasizes throughout the video, he has never had to pay out the $10,000 before; such is the power of his awesome formula.

If you are lucky enough to be one of the exclusive group of people he invites to use his formula, you too will be able to live a life of luxury like the kind that he advertises in his video. The GreenWood Formula is free, of course, because Jake just wants to give back to the community since he already has so much. What a great guy!

So is GreenWood Formula the real deal? See our answer below!

Basic information:

Cost: Free
Software: 100% Automated
Max Returns: Up to 88%
Minimum Deposit: $250
Countries: All nations

  • Fake testimonials
  • Not realistic claims at all

BinaryMinery Verdict:

Not Reliable Service

What Is GreenWood Formula Robot?

As anyone with half a brain can deduce, GreenWood Formula is nothing but a generic scam with some outrageous claims. Just one look at their claim of making their users hundreds of thousands of dollars within a few months should be all that you need to know to point this out as a scam. It is impossible to make that amount of money trading binary options unless you yourself are depositing hundreds of thousands of dollars into your trading account. Making that amount with a minimum $250 deposit? You are only kidding yourself. Notice also that there isn’t a single mention of how his system actually works; we figure the scammers make these videos so unrealistic to ensure that only the most gullible people get roped in.

And as for Jake’s claim of giving you $10,000 out of his own pocket? You’ll have a better chance of the Tooth Fairy dropping off $10,000 under your pillow; Jake will never pay you the money because he is a struggling actor who needs to appear in scam videos to pay his bills.

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If you watched the video, you might have noticed that ‘Jake’ never mentions the word ‘GreenWood Formula’; this is deliberate because this video has been reused for other scams such as the Cambridge Method. Cambridge Method reuses major sections of the GreenWood Formula video. The actor was also the main character in yet another scam robot: The Profit Maker Method.

And as for the video testimonials? More actors giving fake testimonials; we recognized one of the actors in the GreenWood formula video as having a cameo in another scam; the Amissio Formula.

Screenshot

How Does It Work?

These scams are all the same: free upfront at no cost to you, all you have to do is fund your trading account with their partner broker and begin using the robot! What most people don’t know is that these scammers make their money via affiliate commissions that get paid from their partner binary options broker when someone funds their trading account through the robot. This is why the scammers don’t bother to go into too much detail about the robot; ultimately its performance is irrelevant as the scammers have already gotten paid before you have even started using the robot.

In our case, we were unable to be redirected to a broker when using the GreenWood Formula website; it appears the scammers have already moved on to their next scheme although we are sure they will reuse the promotional video and its message again.

Final Conclusion: Is GreenWood Formula a Scam?

GreenWood Formula is nothing but a scam that makes some highly fantastical claims. Anyone with basic critical thinking skills can see this for what it is- a lousy scam, and like all scams, the GreenWood Formula should be avoided entirely.

Is Green Wood Formula a Scam?

Green Wood Formula promises very high and quick profits to traders. But does this Forex Robot really work or is it a Scam?

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DISCLAIMER: All Information such as Winning Ratios, Results and Testimonials are to be regarded as simulated or hypothetical. All the information on this website is not intended to produce nor guarantee future results. There’s no guarantee of specific results and the results can vary.
RISK DISCLAIMER: Trading Binary Options is highly speculative, carries a level of risk and may not be suitable for all investors. You may lose some or all of your invested capital; therefore, you should not speculate with capital that you cannot afford to lose. You may need to seek 3rd party financial advice before engaging in binary option trading.

Green Wood Formula Scam Review

Green Wood Formula is a new software offering innovative ways of controlling your Forex investments. But does Green Wood Formula really give you the best trading possibilities or it is just another Forex scam?

There was not enough information to make an informed decision about this system in order to rate them as a scam or a legit one.

We recommend you to OR find a Reliable Robot to trade with form the table below:

Table of Contents

Top Forex Robots

Green Wood Formula – True Scam Review

Keeping high information level about all the Forex trading systems on the market is a challenging task. They just continue to emerge day after day and all of them state to be the best income-generating solution. However, this is not possible.

That is why there are good and bad products in terms of placing trades in the online market. Examining the real performance of each new robot is impossible for the common traders, so here is where the informational articles come to help. In this review, a new pretender for the title “best online trading solution” is going to be inspected – the Green Wood Formula, created by a man, only presented as Jake.

NOTE: FOR A BETTER ALTERNATIVE, VISIT OUR PROVEN-TO-WORK INVESTMENT PLATFORM

First Look at Green Wood Formula

This Forex trading software is presented by a person named Jake. During the promo clip he seems to read a script from a teleprompter, saying how much money he has already made by using his auto-trading solution. This person is promising people, that his trading platform is going to accumulate for them more than $100,000 in a period of just 30 days. Otherwise, Mr. Jake promises that he is going to pay traders $10000 out of his own pocket.

Is Green Wood Formula a Scam or Legit?

We are not saying categorically that this auto-trading Forex robot is a scam, but based on our investigation, we do not recommend it to traders. There is users’ negative feedback available in the Internet space, supporting the claim that Green Wood Formula is not properly working and fails to bring the promised return of traders’ investment. To continue with, the presenting video is repetitious by nature and constantly keeps emphasizing on the same key points in a very aggressive and irritating manner.

So, despite the respectable look and easy-going mannerisms of the creator of the program, at the end of the day he is providing just insufficient information based on a very clear agenda designed to make random online traders fund trading accounts with unknown, unregulated Forex brokers. Unfortunately, it seems that what people can see here is just a replica of other fraudulent systems and their promises for high profitability and great returns.

How Does Green Wood Formula Work?

There is no substantial information about how does the robot actually work and how it manages to place high rate profitable trades. In the promo video there are only promises and claims being stated but nothing in specifics. Viewers fail to understand more about the system’s working process and remain uninformed. The only thing they receive as information is that the Green Wood Formula is automated Forex software.

Each trader will need at least $250 initial deposit in order to get started with a broker account. If any user already has an existing one it will not work, so people shouldn’t just put away their credit card.

If any user wants to try dealing with this automated robot, he should follow these steps:

Create an Account – traders should fill in a form with personal information about names and valid email address.

Trade – users may start trading by using the autopilot or the manual trading mode.

Withdrawal – a request for withdrawal should be sent to the assigned broker. Then, traders should gain access to their generated profits.

Final Verdict

Based on what we have shared as an investigation result, we are going to advice people to find another Forex trading platform. It should be legit, reliable and supported by positive testimonials, feedback and winning examples of satisfied traders. Green Wood Formula definitely seems to be missing solid proof that states for properly working income-generating solution.

Conclusion:

Our investigation team conducted a comprehensive investigation on Green Wood Formula to find out if this product is genuine. As a result we cannot say that there was enough evidence indicating if Green Wood Formula is generating high profits. We found many reasons that made us suspicious about this robot being a scam.

In order to protect traders from bad trading experience and financial loses we recommend you to

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