Platinum Profits Review

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7 Binary Options

Binary options trading can be extremely profitable, and it is a relatively easy trading method. Therefore, a lot of people are jumping on board. However, there are also quite a lot of people trying to use the popularity of binary options trading to set up scams to steal money from innocent people.

Platinum Profits is an automated trading software system that claims to earn traders huge amount of money with little effort. Is this one of the trusted systems or just a scam? Read our Platinum Profits Review to find out.

Basic information:

Cost: Free
Software: 100% Automated
Max Returns: Up to 86%
Minimum Deposit: $250
Countries: All nations

– Easy to use for new traders
– Software is 100% automated

– Brokers are not regulated
– Customer service does not respond to even basic inquiries let alone customer complaints
– No proof of success
– Withdrawal process is not reliable

7BO Verdict:

Not Reliable Service

What is Platinum Profits?

Platinum Profits is a fully automated trading system that will use a series of mathematical algorithms to predict trades. The difference with this system is that it generates signals based on platinum, rather than other assets. The creator of the system, Ross Barker a self-proclaimed financial genius, says that he has discovered that the real potential of binary options trading lies within trading platinum as opposed to other assets or commodities.

This would all be well and good if we could find any proven results that this system actually works. Barker claims that Platinum Profits has a success rate of over 95%. This, of course, is just not a realistic winning percentage, as we always remind our readers. Even the most highly acclaimed trading systems only have a winning rate of around 85%. Anyone that promises anything higher than 90% is most likely trying to scam you.

Screenshot

How to get started

It is easy to sign up for Platinum Profits. You simply need to create an account with a broker that they recommend, and then you must fund your account with at least $250. Then you will be required to set your trading parameters. Once you do this, the system will make trades on your behalf.

First of all, we discovered that the brokers that this system employs are not regulated. This means they do not have to answer to a regulatory system, so all bets are off (so to speak). Also, although Barker claims that the software is free; once you have earned 10 grand the system will automatically charge you $1997.

That is a high cost for a trading system, especially one that has not proven to be reliable. We wouldn’t’ worry about being charged the $1997 as we have yet to see that a trader has actually made anywhere close to $10,000 with Platinum Profits. In fact, many traders have claimed to have lost their entire investment rather than profit with the system.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sign-Up Bonus Now!

  • Binomo
    Binomo

    Good Choice For Experienced Traders! 2nd place in the ranking!

Also, we could not find any information on their website to give us any insight into how Platinum Profit software predicts trades, nor could we find any company information, such as customer service info. We advise that if you chose to trade with the software that you proceed with caution.

Final Conclusion: Is Platinum Profits a Scam?

We cannot ascertain at this time if Platinum Profits is a certified scam, but we have plenty of reasons to doubt that this is a safe and secure method of trading. We could not find any positive reviews online that were not biased. And we have seen far too many complaints from traders who have lost their money and not been able to get a reply from customer service. We strongly recommend that you trade with a system that has been proven to be safe and avoid Platinum Profits at all costs.

Platinum Profits Review

Why are there so many new binary options software these days? It is because there are a lot of people who are interested with trading the binary options. This has been occasioned by the opportunities that the widespread use of the internet has brought forth. A good thing to do before opening an account with the new, and indeed any software for trading binary options is to have an in-depth-look at what they have to offer and whether they are legit or not. One of these binary options software is the Platinum Profits program.

What You Need to Know About Platinum Profits Software

According to available information, the Platinum Profits was developed by a group of programmers led by Ross Barker, a financial consultant. He reportedly capitalized on a loophole in the precious metals market whereby he formulated his unique trading strategy which could use to make lots of money from platinum trades.

The Platinum Profits App was the product of Mr. Barker and his team. Using this app, you can make money from platinum by trading it in the binary options market. Being automated, you can start making almost immediately you sign in. this means that you do not need to have any previous experience or training in binary options. From the app, you only need a few weeks trading to make big profits.

What happens here is that Platinum Profits app generates the signals and then you make the trades. These signals, as the developers’ claim, are the results of an elaborate analysis of the platinum market which they have studied from the records of the last fifty years. It is from these records that they have come up with the right algorithms to make successful trades that you could also be part of.

For the first 20 people who sign up for this app will get it for free. After the first twenty, everybody else who wants to join in this platinum trade will have to pay $1997 for the same the same app. If you are among the lucky 20 traders who get this app for free, Platinum Profits will ask you to pay the full price of $1997 the moment you hit $10,000 in profits.

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Platinum Profits SCAM – Worth Your $1,997? 1 / 5 ( 1 )

The Platinum Profits scam is one of those Binary Options systems where the website has absolutely nothing to offer you except a lengthy 20 minute video. I guess the Platinum Profits app marketing team decided to just keep on talking, until you give them your email address.

Disclosure: We might get a commission fee if you sign up through any of our links.

Platinum Profits Review Summary

  • Annoying Browser Pop-Ups: No
  • Fake Scarcity Counter: No
  • Paid Actor Testimonials: No
  • Impossible Revenue Gains: Yes
  • Comes Across As Authentic: No
  • Convincing Proof of Profits: No
  • Possibility of Being a Scam: 100%
  • Price: Free. Have to sign up with one of their brokers.
  • Available In: Australia, Canada, Ireland, New Zealand, South Africa, United Kingdom, United States

Official website: PlatinumProfits.co

Platinum Profits Scam — Our Reasons For The Scam Rating

There really is almost nothing on the Platinum Profits site that would give you any indication of what the software does. There is no link to their terms, no privacy policy, no disclaimers or any other identifiable details, just a video that rambles on.

Most frustratingly, you will find that you cannot even pause or rewind the video, which made it difficult to try and track what they’re saying while also writing a review at the same time. So, in order to save you from all that frustration, I’ve placed a link directly to the Platinum Profits scam video below. I’ve got no idea about why Platinum Profits is showing a fake family in their thumbnail, but here it is in any case:

Once I got the Platinum Profits scam video extricated from their dumb website, I could actually bear to watch it and found out that man behind the software is supposedly Ross Barker. He claims to be a highly-successful investor, start-up consultant and business analyst. Combing through LinkedIn and social media did reveal some matches to Ross Barker, but none of them matched 100%. Our conclusion is therefore Mr. Barker’s bark is far more impressive than his byte, but you’re free to make up your own mind.

The story we’re told on the Platinum Profits scam video is that even though Ross Barker started working at a bank, and investing his money in different stocks, he still didn’t quite make the money he wanted to. Until he signed up for an expensive investment seminar, during one of the refreshment breaks, he met “Craig”. Of course Craig was a multi-millionaire and new about all the latest investment strategies.

The mysterious Craig told Ross Barker to only invest in Platinum because of how easy it is to trade and because “hardly anyone trades it” — direct quote! Now, to say that Platinum is hardly traded is simply false. Although it is true that Platinum has been trending downwards since at least mid 2020, it has recently hit an important support level. This means that it will most likely first bounce a round this level for a week or two until traders decide to break through the support level. My analysis is that it is probably bound to head up over the next couple of months. The point being that it’s hardly an easy call as claimed in the video.

Is Platinum Profits Worth $1,997?

In a word, no. I actually took the software quite seriously until I got to the part of the Platinum Profits video where things go horribly off the rails. They start talking about how everything is run by robots, and then claim that the US Army already has “colonies of fighting robots”. I kid you not. You might think I’m making all of this up, but you will see it for yourself at around 10 minutes into the video:

How can you take a system seriously when they make stupid claims like that. I think they completely confused Binary Options with Star Wars. Then they want $1,997 from you once you’ve made over $10,000? I don’t think you have to worry about that, you won’t get to $10,000 with the Platinum Profits software…

I realize that you came to this site to find out more about Binary Options trading, and I can assure you that you have come to the right place. You can definitely make money trading Binary Options, but you will have to put in a bit more effort than just relying on a crazy auto-trader bot to do it all for you. If you’re willing to put in a little more effort, you will see that it can be very rewarding. Take a look at our top signal services or skip all that and just look at our top rated system where you will not only meet up with like-minded people that trade Binary Options daily, but also learn how to trade properly.

Remember that even if you do make a crazy choice and mess up, you’re still covered by our ETS Guarantee. It has helped a number of people already.

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2 Comments

Thank you for the warning. what about the other Platinum Profits App by Paul Olmstead? Is it a scam software too?
He claims that it’s able to make over $2166 every day. Please look at it and save day traders from it if it’s a scam.

Hi Jean Pierre, thank you for your comment. I’m not aware of another Platinum Profits app, I’ll do a search for it and post a review. Thank you for alerting me to it!

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Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sign-Up Bonus Now!

  • Binomo
    Binomo

    Good Choice For Experienced Traders! 2nd place in the ranking!

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