Top 10 Profits Scam Review
As we see more and more automated trading systems appearing online for trading binary options, we are also faced with dishonest people creating fake trading websites. They promise huge returns in just a matter of days. How can you tell if you are being scammed? Well, thankfully you have people such as myself, who have years of experience with binary options trading. I can spot a scam almost immediately. There are so many warning signs if you have a trained eye and can spot the red flags. Top 10 Profits by Barry Riva is the latest such scam to hit the internet.
Riva claims his one of a kind software uses the latest and greatest technology to beat the market. Is he telling the truth or is Top10 Profits just another scam? Read my Top10 Profits review to find out.
Top 10 Profits Introductory Video
The sales pitch video for Top 10 Profits is nothing special, just your average run of the mill ad for trading software. There’s nothing really glitzy or flashy about it. No big gimmicks. Just a straightforward sales pitch for Top10 Profits trading software.
The Top 10 Profits scam video is pretty much like an info-mercial. It’s not overly dramatic nor is it really long, it’s actually pretty boring. It’s the same dribble we have heard hundreds of times before.
The creator of Top 10 Profits is Barry Riva, a self-proclaimed financial genius who dedicated his career to helping others become millionaires with his insights into the financial market.
He gives us a brief back history of how he came to create Top10 Profits auto trading software. He was an investment banker and worked for HSBC and other banking institutions. His wife convinced him to branch out and share his financial knowledge with others. He then became an investment consultant but found that this was not satisfying enough. He wanted to become one of the top traders in the business so he put together a team to create a system that can analyze the data of the top 10 traders and predict the market trends based on these results.
Riva uses some long, drawn out explanation to tell us how it works, but he’s really just using a bunch of big words to say the same thing every single other scammer has told us. Basically, Top10 Profits will earn you up to 3 grand a day at “no cost to you.” Now we all know by now that this is a bunch of BS. While there may be no monthly fee for the service, you still have to invest your own money in order to use the software. Most systems require a starting deposit of at least $250. And sadly, what happens with most of these scams is that once you deposit your money and give them your banking and credit card information, you will lose our money and be susceptible to identity and credit card theft. This is why it is crucial to do your research before investing with any broker or trading system, automated or not.
Riva uses a lot of the standard “buzzwords” of the common binary options con artists such as “once in a lifetime deal,” “life changing opportunity” and so forth. He assures us with Top10 Profit software we can earn up to 3 grand a day and 10 grand a week. And he tells us that there are “no strings attached” as long as we promise to send him a screenshot of our first 100 grand.
While you can indeed earn a lot of money trading binary options, it takes practice to earn this kind of money. As well as a huge investment. You would have to invest at least grand a day to earn this kind of profit. Even the most tried and true trading systems cannot produce such high profits without a substantial investment so don’t be fulled by scammers that promise instant cash and huge profits straight away.
Of course, we have a few testimonials from other users. They are horrible, the first girl sounds like she’s reading directly from a script. As usual with such scams, they are just paid actors from Fiverr.com.
Which brings us to Barry Riva? Who is he? My team and I did our usual background search and we could not find any information on a Barry Riva. If he were such a financial genius and had worked for companies such as HSBC and had his own investment consulting business you would think that he would at least have a LinkedIn account, but we could find no information on him whatsoever. So obviously our Mr. Barry Riva is a paid actor himself.
Top 10 Profit Website
The website for Top 10 Profit is similar to most other sites. They actually have an add page that leads you to their main website when you click on the email link. The main page contains the video and some basic information. Of course, they throw in some lies such as “as seen on Forbes, BBC, New York Times..” and so forth. However, I checked every single media site they listed and Top 10 profits have never once been mentioned. They also claim that they are CySEC licensed but they do not offer their licensing information. A legitimate site not only says they are licensed and accredited, they show proof and list the information.
The contact us link actually does open up a window for you to email them but I emailed them several times with basic questions and never once received a reply. They also do not list their company details such as address or phone number, which is a huge red flag.
My Conclusion: Top 10 Profits is a huge scam!
Please do yourself a favor, don’t waste your time with Top 10 Profits. It’s a scam, cut and dry. However, don’t let losers like Barry Riva discourage you from the wonderful world of binary options trading. Stick with me and I’ll give you the advice you need to succeed!
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- Rated 1 stars
- Really Bad
- Top 10 Profits
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