Free Money System Review

free money systemThe Free Money System is the newest binary automated trading platform that claims it can help binary traders earn “free money” with only a few clicks of the mouse.

Internet access, an account with Free Money System and a few simple gestures on the behalf of the trader could earn them huge amounts of money.

They claim their process is simple, simply create an account, take a few money making courses online and start earning money. And of course there is no charge! Read the full review to find out the shocking truth.

Basic information:

Cost: Free
Software: 100% Automated
Max Returns: Up to 85%
Minimum Deposit: $200
Countries: All nations

Pros:

  • Automated Trading with just a click of the mouse

Cons:

  • Withdrawals are delayed
  • Not many options for trades
  • No guarantee for success
  • Do not have a demo account for users

7BO Verdict:

Not Reliable

 

Not Reliable Service

Free Money System – Walter Green

Walter GreenWalter Green, the founder of the Free Money System, sure makes it seem appealing on the video, but there has to some sort of a catch. How is it even possible to earn money simply by sitting at home?

Despite the name, you still have to invest an initial deposit of $200 before you can begin trading. However, is it worth investing if you don’t have a guarantee that the system will work? This is even more so based on the opinions of other traders who have used this system.

In one of the videos, Walter Green he has helped over 152 earns millions of dollars in just 90 days simply by using his fully automated system. In our opinion, he is just trying to sell his platform by exaggerating his promise and we do not recommend the Free Money System at all.

User OpinionsUser Opinions

According to the opinions I found online, Free Money System is not the most reliable trading system on the market. Here are some examples:

Quotation marks“I have entered my contact details on theFree Money System site as the promo video just appeared and I watched it for like 5 minutes. I entered my phone number and it rang right away. I didn’t answer since I felt that it was too good to be true. It rang 4 more times! I’m from London and would love not to be existing pay day to pay day.  What sealed it for me was is that they promised to invest their own money and the next they said is that they needed 200$ of my money! Not consistent at all. Then I decided to do some research. All the things I found about them! If they call again, I’ll answer and tell them that I’m not interested
Quotation marks“A few months ago I was looking for different ways to gain money online and I came across the Free Money System. First, it was impressive because of the video. However,  before signing up with this system I wanted to check with people who have used it. Oh my god, it was the best thing to do! I will certainly stay away from them. “
Quotation marks“This is just another scam to avoid and a very risky service that looks promising but can only lead a trader to a series of losses. I always check any Autopilot system for reviews. Who wants to gamble they hard-earned money without being sure? Certainly not me. I won’t invest $200 just to make someone richer.With this amount, we can run our business for a month.”
Quotation marks“That’s really not a great opportunity to invest your money. I’m not a big fan of investing money into risky ventures like Walter Green overall. But there are definitely some legit binary programs. It requires effort and experience to find them, but don’t let these scams to scare you away.”
Quotation marks“Makes me very angry that this scam is even allowed to exist. I really, really hope no one falls for it and loses money like I did. I wish there were more exposure reviews like so you could actually see that they are scams with screenshots and real victims speaking up.”

Free Money System Platform

PlatformThe Free Money system says it is compatible on all of the binary options platforms available on the internet. However, there is no contact information for customer support should you need to call. Are you still willing to invest $200 in a company that doesn’t even offer technical or customer support?

Every single video promoting the Free Money System seems like an elaborate sales pitch, claiming it’s exclusive. This makes us doubt them even more. In our opinion, a good day’s labor is a lot safer than risking your hard earned savings on this trading platform.

Free Money System Scam

Scam Or Not?The purpose of a con, or scam, is to entice people with promises and big fancy words and then not following through on said promises. Everyone wants to find fast and easy ways to make a few bucks. So this platform seems appealing to those who are looking to make some fast money.

At no time during use of this system, do you have contact with any actual person, aside for the video presentations? You have no personal contact with the brokers.

Binary options trading and the stock market itself is always changing thus is can never be predicted correctly even by the most experienced brokers. We highly recommend that you avoid this system at all costs as we feel it does not follow through on its initial promises.

Screenshot

freemoneysystem

Free Money System Software

The only thing we can say about the Free Money System is that it allows you to make predictions based on the trading options they provide you. You have to predict the outcome. If you are correct, you profit, if not, you lose your investment.

How is this automated or even broker managed if you are going all of the work? And once create an account with a broker; Free Money System receives a huge bonus/commission, which blows their “Free” system out of the water.

We suggest you find other trading platforms. The Free Money System simply lets you make guesses on trades rather than knowledgeable trades.

To sum up, here are the points why you should avoid this software at all costs:

  1. It’s not free. You have to deposit 200 dollars before you can begin trading.
  2. Feedback is negative. We have gotten plenty of negative evidence regarding the software from users.
  3. No contact with actual persons. When you use the system, you don’t have any contact with real persons.
  4. It is not automated. You actually have to do all the work and predict the outcome.
  5. Brokers pay them. They are affiliated with brokers and get money from the brokers when people use their software.

Conclusion

Not ReliableWe feel that this system is not reliable. At this time we cannot determine if it is, in fact, a scam, but we recommend that you find a more legitimate platform that makes good on its promises. Please do not open an account with Free Money System.

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Free Money System Review
1.6 (32%) 5 votes
7 Binary Options review: Free Money System: 1 stars.
John Miller
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John Miller

John has worked in investment banking for 10 years and is the main author at 7 Binary Options. He holds a Master's degree in Economics.
John Miller
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10 comments

  1. Walt   •  

    Hi How does the robots thing work and way do I have to sign up with a trader if I want to put it on the robot. If I want to sign up with you I do not want any traders. Tried it previously and lost all the money. Trader took everything. So have bad experience ones but really need to make some money. Can you help.

  2. Carmen   •  

    Hey! My friend has tried it and was very disappointed. Better avoid this one for sure.

    • Rick S.   •  

      Yeah, I tried this one too and it’s no good. Avoid.

    • Sofia   •  

      True, better be avoided!

  3. Liz   •  

    Any binary options trading software was developed to help traders to work effectively with their trading. The only the problem is that instead of helping you out with the profit, they help you more on losing your money. So I will suggest the usage of only proven things! Avoid scams!

  4. Korsten   •  

    Hey there,
    As I understand, there are some obligatory steps in the trader’s development. The newbie traders start without any knowledge and experience, but some expectations for particular profits. But they soon realize that their dream will not come true so easily and they will have to work hard before achieving such results.
    The first step in the trader’s development is when he gains some knowledge but has poor results. Next stage, a trader starts making some money but it is difficult and the balance is not a smooth curve. Finally, the last stage is when a trader builds a good account, trades easily and makes money regularly.
    We all want to move to the last stage immediately but it require time. Could you give some examples of such visible signs, which separates newbie from the expert traders?

  5. Mark   •  

    Hello fellow friends,
    I am planning start independent money management service for Binary Options. Would like to know if there is somebody doing this in order to know more about this. Can I use the same contracts I offer to my clients for Forex money management or not? is there anybody doing this or has anyone tried doing it?? What problems can you have? Is it legal in your country?

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