The Tesler APP is the latest in a line of trading websites which claim to have unlocked the holy grail of online trading. Free and easy to use automated trading apps have been reported by thousands of websites. But all of them have turned out to be bogus claims. The question that we are exploring in our Tesler App review is if this is any different. Let us find out.
Let us start with how many things we see wrong in the video. There is nothing wrong with an introductory video. In fact, almost all trading websites use them to promote themselves. However, the Tesler App video is hosted on YouTube. While there is nothing wrong with it, a website that claims to be making thousands of dollars in profits for all its members could surely have done better?
The next thing that pointed directly to the Tesler App scam was the fact that it was showing a post with a Wall Street journal feed from December 19, 2016. This gave the impression that they were apparently related to the famous business journal in some way. Except that, they were not. This was just a move to garner some free publicity. The founder (Steven Abrahams) is worth over $380 million apparently and is making a millionaire every 6 months. We, as a part of our Tesler App review, we decided to try and verify this. So, this man, according to our reports, does not exist. He has no credential in any social website or even on Google. We leave the inference to you.
There are a lot of beta testers who have posted their reviews on how they have benefited greatly from the Tesler APP. The most interesting thing, however, is the fact that we have no names anywhere. This means there is no way to do any background check on any of the claimants. This is a common move used by a lot of fake trading websites and was another pointer to the Tesler App scam.
The Next Page
We clicked on the link at the bottom and on the next page, there was yet another video playing out. Except that, this time, the Wall Street Journal showed December 20 instead of 19. Yeah, totally not noticeable that it is a fake. Even better was the fact that these guys were claiming to make you $237 every hour for spending 5 minutes on their software ‘testing’ it. This might sound highly lucrative until we bring the context into it. The fact is, in order to ‘test’ this software, you have to start with a joining value of at least $250. Now let us think this through. Who in the trading world gives you this kind of a guarantee?
We have reviewed a lot of websites with claims like this and the Tesler App review was turning out to be the same after all. Even the best traders in Wall Street admit that having a profit at the end of the day cannot be guaranteed and these people are claiming just the opposite. Our bet lies with professional traders instead of a trading website which is obviously trying to scam its customers with fake promises.
They have posted a very nice animation where the text associated with a map of places in Germany is shown. Read the text. Apparently, they claim that you, as a normal person, are guaranteed to get a portion of the $5 trillion being traded every day. The animation changes, and in the same place, you find it written that you will receive a part of the $7.8 trillion being traded every day. Even they are confused about what actually happens. Do you really want to invest in a Tesler App scam like this? As for the technology that is claimed to be used, apparently, having the speed to process data better via satellites is enough to earn you money. There is no mention of any technology or algorithm that is used to achieve this. Our Tesler App review team was confused about what they were actually claiming by this point.
The Tesler APP team claims to have an app for both the Android and the iOS stores. They even show a silhouette of the app when you click on them, saying that you have to register to get access.
The app would be available after you register, you would get a code that will be used to log into the app. So, we went to the Google play Store and decided to have a look at the Tesler app. However, we found that there was no app named Tesler when it was clearly shown in the background on the page.
This confirmed our point about the Tesler App scam.
On the virtual world, no one really pays any close attention to the information being quoted. After all, why bother going through that much hassle? That is why we decided to check out a point that these guys mentioned.
Apparently, they were quoted by the ‘Bloomburg’ Press on the 13th of December. As a part of our Tesler App review, we decided to check out this report. First off, there is no ‘Bloomburg’. The actual press release firm is Bloomberg. This is how you escape being legally sued. Secondly, there is no press release on the 13th December 2016 mentioning the Tesler APP anywhere on the web. Makes one wonder how much of a fake these guys are.
Remember that claim a while ago about how you are GUARANTEED to make money with these guys? Well, their disclaimer page claims exactly the opposite.
You may even lose ALL your money if you invest with them. This simply proves the Tesler App scam. After all, you are legally bound to disclose all your risks in the disclaimer page.
So, should you invest with Tesler App?
DEFINITELY NOT. There are a lot of authentic trading websites out there which would let you trade without any scam involved. Choose them unless you want to see all your money vanish one fine morning as a part of their ‘automated’ service.Check out my YouTube Channel for the best updates.
- Rated 0.5 stars
- Tesler App
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