Signal Samurai Scam Review
The scam lords are having a busy week. And they are definitely lacking creativity. They are lacking a lot of things. However, the one thing that they all seem to have in common is the desire to scam people out of their hard-earned savings. That’s why I made it my mission to call out these lowlifes. The latest scam to hit the internet airwaves is entitled Signal Samurai. Do they offer anything legit or are they another scum sucking money hoarder?Read my Signal Samurai review to find out more.
Signal Samurai Website
There is no sales pitch video for Signal Samurai. This seems to be the latest trend. It’s as if they know they are going to be caught so they don’t want to waste time and money coming up with a sales video. This is disappointing in a sense as it usually gives me some insight into the criminal minds of these scammers. And if nothing else, at least it amuses me, although some of them are a bit over the top.
So what’s the scoop with Signal Samurai? It is supposedly created by a Mr. Kinjo Oda (more on him later in my Signal Samurai scam review). Mr. Oda is apparently a highly successful broker in the Tokyo Stock Exchange. He apparently grew tired of the stressful life of a broker and decided to create his own trading software program. He then used the “Bushido” to create Signal Samurai.
And what is “Bushido?” It’s true that it is connected with the Samurai tradition. However, it basically is the moral code that dictates how a Samurai warrior should prepare himself for battle. As well, it is the moral code by which he must conduct himself in everyday life.
So what does this have to with binary options trading? Good question! The blunt answer is “Not a darn thing.” It’s a complete load of BS! Basically, they are just trying to appeal to those who are into the appeal of the Samurai warrior and pop culture. It has nothing to do with binary options trading, the financial market or anything remotely associated with either of these areas. It’s just a marketing ploy. I would say it was clever if they had enticed us with a really cool Bruce Lee style video with cool martial arts fight scenes or something, but there is no video and the website it pretty generic. Other than a cool name and the “Bushido” teaser, there is nothing special about Signal Samurai trading system.
They do at least try to sound like they know what they are talking about by spouting a bunch of fancy words and talking about algorithms and the like. Of course, they do not even attempt to explain how they use the Bushido code to come up with binary options trading algorithms. Which is, of course, because it’s complete BS as I stated before. One has nothing to do with the other. No matter how many Japanese symbols they throw our way (on the web page) the Bushido code has squat to do with binary options trading. It’s an insult to an honoured part of Japanese history and culture. And I can pretty safely say that whoever created Signal Samurai is probably not even of Asian descent. My theory is that there are about maybe 5 or so different groups of people that keep coming up with these scams. Sure, there are copycat scams, but the majority of these binary options scams are probably the same few scum bags who sit around thinking of different ways to rip people off.
On the website, they claim that Signal Samurai is free because Odo wants to give back to the world and allow everyone to have an “equal opportunity to earn money trading.” Well, that’s very big of him, but we all know that no trading system is ever free. You ill always, I repeat, always have to invest your own money before you can even begin trading. Sure, some systems let you use their demo platform to “practice” trading for free, but when it comes time for live trading, you have to fund your account before you can have access to the trading software. The minimum amount is usually $250, which is good if you are using reliable trading software, but if you are trading with a fraudulent system such as Signal Samurai, you will lose your invest, and be subject to credit card and possibly identity theft.
And who exactly is this Mr. Odo? My team and I did our usual spy work and could find nothing on a Kinjo Odo that has anything to do with the Tokyo Stock Market, binary options trading or Signal Samurai. My guess is that he is simply another made up a character and his picture is simply a stock photo.
There is no company data listed on the website such as history, address, contact info and most important CySEC licensing info. Every single trading platform or automated trading system that I use will proudly display their licensing info in their main page. Signal Samurai is not licensed nor regulated which basically means “anything goes.” So in other words, they can take your money and disappear and they won’t have to answer to a governing organization such as CySEC. I cannot stress enough how unsafe and unsafe it is to use any system that is not regulated!
I tried to contact their customer support via email and never heard back. This is always a tell-tale sign of a scam. A company that truly cares about its prospective clients will email them back straight away!
My Conclusion: Signal Samurai is a hoax!
Don’t waste a second of your time or a dime of your money with those one folk. Odo and Signal Samurai are just a bunch of hot air. You will be wise to forget you ever heard of Signal Samurai and invest your money elsewhere. Allow me to point you in the direction of tried and true binary options trading systems. Stick with me and you will succeed!
Check out my YouTube Channel for video updates, click here for direct access
- Rated 1 stars
- Really Bad
- Signal Samurai
- Reviewed by:
- Published on:
- Last modified: