Newly released Forex trading systems are pushing hard to make you sign up with them. This is exactly what Million Dollar Bot is doing. After a careful initial investigation, I arrived at the conclusion that this robot is a scam. I would advise you against connecting with it. Such a decision might lead to generating irreversible losses.
But you should read my review until the end in order to fully understand why I deem Thomas Cooper’s Million Dollar Bot a scam.
Review Verdict: Million Dollar Bot is a Scam
Million Dollar Bot is Built on Pressure Tactics
Scammers’ favorite trick is applying the so-called pressure tactics on their landing pages. They are literally bullying you into opening an account with them. The moment you get on their site, you see two indicators that start an ominous countdown. I assure you, even if they reach zero, nothing will happen.
You can still create an account. This is a marketing trick that is supposed to convince you how exclusive the Forex robot is. But it actually isn’t. The scammers behind the Million Dollar Bot system are just scared that if you give it a second to think this through you would realize that what you are being told is a lie and would never sign up with them.
The moment you arrive on the robot’s site, a YouTube video will begin playing. Usually, in introductory videos, the creators of reliable systems make sure they have said as much as possible about how their software works and how traders can benefit from it. This is not the case with the video for Million Dollar Bot.
It is neither informative nor educational. The only thing we are being told is how exclusive this system is and how our time and opportunities for signing up with the MillionDollarBot software is running out. I would not make the mistake to join such an obvious scam which doesn’t even try to explain how the robot is supposed to make money for you.
On the topic of making money. On the website, you will notice a sum that is claimed to have been made by the traders who are part of the MillionDollarBot SCAM. Since the system has just been released and to a “very limited number of traders” at that, it is virtually impossible such a huge amount of profits to have been accumulated in such a short period of time.
This is another lie that is supposed to convince you in the profitability of the robot.
Million Dollar Bot is Bad at Fabricating Evidence
Just by investigating their website, I can tell you that the robot is a complete scam. Scrolling further will take you to a number of testimonials that are supposed to show you how many satisfied customers the system has. I did my favorite simple Google Search and guess what? All of the testimonials are fake.
You are presented with non-existent Twitter posts by people who have never made such comments. Not only that, but every photo, used on the site is a stock photo.
Further down you will reach pictures that are supposed to be live feeds from actual trades being places in real time. But they are neither in real time nor real trades. An effect like that could be made through a randomizing algorithm – same numbers are being combined differently to create the illusion of something actually happening.
That is why the feed updates only once you refresh the page and doesn’t in real time.
Million Dollar Bot and Payment
The robot is supposedly distributed for free. You just have to make an initial deposit with the broker you connect with in order to start trading. Yes, but the creator is not telling you something else – the robot is actually being sold. Just opening an account will probably give you some options, but the real functionalities will be available only after you purchase the $2,000 robot for yourself. And this is a rip-off.
The “free” version is probably going to be full of bugs and problems that will force you to buy the software in order to get rid of them. And this is not a fair deal.
Not to mention the dubious nature of the broker they are recommending. You are not really given a choice when opening a trading account. And deciding on a broker is something very important. Which platform provider you choose will determine how safe your funds will be.
In Other Words
Take my advice and do not believe a word you hear from the MillionDollarBot or anything you read on the website if you happen to land on it. It is an obvious scam that will only hurt your finance and in no way is going to improve them.
Review Verdict: Million Dollar Bot is a SCAM
Hello, I am Collin Tyusm. I am a Forex blogger. I have created my blog, because I want to help people learn more about Forex & CFD Trading Software and Bots.