In the following review, I will be presenting you with my Opus Formula scam investigation. The trading bot is owned and developed by Lex Simmons Junior.
When you are for so long in the industry as I am, you come across very similar systems from time to time. Well, more often than not. The similarity is not necessarily visual. It could be the video script, or the testimonials, or the name. Even if sometimes I cannot exactly remember the similar system, I know that what I see and what I hear sound familiar. And this drives me to a detailed investigation in my effort to expose the scams in the industry. So, keep reading, if you doubt the integrity of the OpusFomula.
Who is Opus Formula’s Lex Simmons ‘Jnr’?
My best guess is that this person is a fabricated persona, created to deliver the sales pitch of the Opus Formula trading bot. He claims to have been a cashier clerk for Wells Fargo before turning his eye on trading. After quiting his job, he opened an advisory firm in his apartment and called it the Opus Formula Group. He managed to win the reputation of a Golden Eagle, because he has been able to spot a successful trade from a mile away. Let me point out that I could not find information on a company like that.
Review Verdict: Opus Formula Is a Scam
A CEO of Bridge Lending (which one of them all?) has helped Mr. Simmons in creating “the perfect automated software”. He supposedly noticed him after Lex Simmons become the successful manager and owner of couple of hedge funds. My inquire did not reveal any relation between Lex Simmons and mentioned CEO, keep that in mind.
Opus Formula & Claimed Performance
Lex Simmons promises his clients a success rate of at least 98%. He claims to have tweaked and calibrated OpusFormula so much that it would finally be able to provide 100% no-risk trading experience. Mr. Simmons says that with the second version of Opus Formula he and his developers managed to make the software 38% more responsive and 64% more accurate.
Now, with the 7th version of the software, Opus Formula is said to achieve 100% accuracy and to be 100% risk-free. Which, pardon my tone, is ridiculous. None of these results have been verified by actual traders. On the contrary, a few investors have already signaled me with troubling news of the system. Read further to find out what they are.
OpusFormula Pressure – Deposit & Bonus
To get started with the Opus Formula investment bot is supposedly free. The binary trading software will run on every platform, across all devices. You sign-up by providing your best details and then you have to make an initial deposit. There is no mention of how much it will be, but with a shady system like that it won’t be surprising if it is higher than the standard amount. There is also urgency to the matter, since there is an obvious countdown that shows you how much time you have left before losing the opportunity to join the OpusFormula binary system. This is a pressure tactic and you should not fall for it.
There is also a welcoming bonus that is going to be deposited into your trading account the moment you activate it. This is an underhanded tactic. Scammers do not leave you a choice to accept or decline this bonus. They force it on you, because it will prevent you from withdrawing your funds before reaching a give trade volume. OpusFormula is among those scammers. And by the time you achieve the required number of trades, you might have lost all of your funds.
Opus Formula System Overview
The Opus Formula binary options robot is a newly released system. But you can sense how unreliable it is from its huge promises and claims. Do not fall for them, in spite of how alluring and tempting they sound. There isn’t even a reliable trading bot capable of reaching the promised results. So stay away from the OpusFormula and instead join a binary automated trader that has shown consistent and satisfactory results.
Review Verdict: Opus Formula Is a Scam
Henrietta Jameson says
Hey everyone,
Apart from this obvious scam which I tested before reading this review and lost a lot of earning I heard that a new software called Muzzle Trading has been released. I checked out their website and there is no promo clip available. I am hesitating whether to try it or not?
Has anyone checked it out? Can you tell me if it is a scam or not? I think everything about the company looks pretty fraudulent. It is not quite reliable. I mean, did they really survive the stock market crash of 2008? How could this be? We were all hit pretty badly back then. Plus, were there any operating binary options trading systems back then? I can not remember but I am not quite sure.
Can anyone tell me?
Thanks,
Henrietta
Collin says
Hello,
Thank you for your signal. I will be sure to make a thorough investigation on this so-called Muzzle Trading.
At first look, it looks like something quickly made-up and I think it is not safe.
Look forward to my full review! I will post soon.
Collin
Jake Boucaut says
Opus is so new and my stupid friends said “oh, new, we have to try it it is surely improved and we’ll have many profits”. Bla blah they waste all their money and now are sad faces, but I gloat because I warned them to be careful!
Andre says
My recommendation for everyone who wonders about Opus is to stay away from investing in it. I was a witness how you can lose everything you put with the hope to win more and in the end there is nothing that goes to you, everything is taken by this SCAM formula system.
dan says
‘thank you for your advises, i nearly tried it. Was even contemplating on asking my WhiteWomanFriend to help (how she would have hated me for this) thanks for the reviews and contributions; really should let the rest of the world to know’
Igor Brito says
Hi, mr Collins ! So if most of these systems are scams, is there really one that works??
Collin says
Hey Igor,
Indeed, not all binary options robots are legit. But there are some who are really worth your attention, time and investments.
You can check out the Recommended Signals section on my blog to learn which the reliable ones are.
Best Wishes,
Collin