Latest posts by Marcio (see all)
- IQ Option Launches FX Options - September 11, 2018
- IQ Option Introduces All-New Commodity CFDs, Forex Assets and Bitcoin - August 21, 2018
- SEC Rejects the Second Bitcoin Exchange-Traded Fund - August 1, 2018
The Cambridge Method robot is one of the latest binary options robot that claims to be able to make its users a minimum of GBP1,000 daily. Can this really be done? Check out our full review below!
The Cambridge Method is yet another automated binary options trading software that promises guaranteed returns from GBP1,000 a day to up to hundreds of thousands of dollars in just a few months! This all due to their ‘proprietary algorithm’ so that its users can make money from binary options regardless of whether they actually know anything about binary options trading or not! So, is the Cambridge Method Robot a scam, like so many others? Read on to find out!
Software: 100% Automated
Max Returns: 97.56%
Minimum Deposit: $250
Countries: All nations
- None except free entertainment from watching their promotional video
- No actual proof provided, just fake claims and testimonials
- No real information at all provided
Not Reliable Service
Figure 1: You’ll have a higher chance of getting accepted into Hogwarts
What is the Cambridge Method Robot?
The Cambridge Method Robot is a method of taking advantage of the gullible and the greedy. We are just going to state it right off the bat; Cambridge Method is nothing but a low effort cut-and-paste scam that is looking to make money from binary options brokers’ affiliate commissions. What is extremely telling from the video above, which is a whopping 19 minutes long and can be found here, is that there are absolutely NO details given as to how the method actually works and that the amounts ‘earned’ by all the satisfied customers (paid actors) in the video are simply astronomical sums; hundreds of thousands of dollars each!
What do we mean by cut-and-paste scam? If you watch the video above, you will notice that the actor in the video does not give his name and background, and doesn’t even SAY the name Cambridge Method; the method that he allegedly created himself! Instead all this information is only mentioned only in text on their website. The reason is because that same promotional video, lacking any specific details can be reused by these scammers for other scam robots; in fact, the Cambridge Method is likely just the latest iteration of the various ‘[Generic Location] Method’ binary options robot scams such as the London Method, Aussie Method and various others. See the images below for how the actor playing ‘Jake Orton’ is also being used in other binary options robots’ promotional materials.
Let’s look at more inconsistencies between the promotional video above and the claims on their website. The video above claims ‘hundreds of thousands of dollars’ in profits and ‘Jake Orton’ even offers you $10,000 out of his own pocket if the system doesn’t work. Yet, the claims on the Cambridge Method are much more modest, promising only GBP1,011.88, an oddly specific number. This again highlights how little effort the scammers put into the Cambridge Method; not even bothering to align the claims on their website with the claims on their promotional video.
First, notice how the video states everything in dollars yet the website states everything in pounds. Second, if the website only guarantees profits of GBP1,011.88 which is far less than $10,000, then why shouldn’t every trader deliberately fail and make Mr. Jake Orton pay $10,000 out of his own pocket? Of course, ‘Jake Orton’ claims that he has never paid out the $10,000 before, which is probably the only truthful claim in the whole thing.
The website also shows allegedly live trades that constantly refresh, even when the markets are closed (and strangely denominated in pounds too, of course). They even have helpful ‘system alerts’ telling you that someone has won a certain amount of money, all clearly designed to push the gullible into quickly signing up. As mentioned, all the images from their ‘testimonials’ are nothing but stock photos.
How Does It Work?
The Cambridge Method works by getting you to sign up with their broker which will get them an affiliate commission. They also promise a 100% sign up bonus if you sign up with their broker, which as we know, the bonus policy will prevent withdrawals from your account until you meet a minimum trading volume. In our case, Cambridge Method redirected us to Magnum Options, which is unregulated and has also been the subject of an ‘Investment Caution’ by the British Columbia Securities Commission. As mentioned in our Magnum Options review, Magnum Options’ holding company, Hampshire Capital Ventures Ltd, is also possibly linked to Cheshire Capital Ltd as they have the same registered address and owner. Cheshire Capital owns Boss Capital, which has been issued warnings by the Australian Securities and Investment Commission (“ASIC”), as well as the Italian Securities and Exchange Commission (“Consob”). The ASIC cautions that Boss Capital could potentially be an investment scam, while Consob notes that Boss Capital is not authorized to offer or provide investment services in Italy.
As for how the Cambridge Method Robot software works? Well, you’ll find no information provided as to how their ‘100% safe, daily tested’ algorithm works. It is likely just a generic white label software and we doubt that the scammers really care about how the software works; once you sign up with the broker and make your first deposit (minimum of GBP250), they’ve already made their commission.
The only method in the Cambridge Method is the method by way these scammers keep recycling the same scam over and over again. Needless to say, we cannot recommend trading using this robot.
|Min. Invest||Min. Deposit||Max. Returns|
|All brokers >>|