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HORRENDOUS SCAM – Cash Formula review
This Cash Formula review is a warning about a binary options scam presented by Tim Stafford.
Stafford tells a long story about him achieving success in online trading by using a secret loophole.
He has built a binary options trading software on it that allegedly made him rich. He called it the Cash Formula.
The loophole was allegedly discovered by scammers and called CF files.
And no surprise, you can get this software and become a millionaire for free. But you have to hurry, because free spots are limited, because rich people are trying to stop Stafford from sharing his Cash Formula with you. That’s it for fairy tales.
Table of Contents
Cash Formula scam
Scammers have a bad habit of making long videos and provide no real information in them. Cash Formula is no different.
Stafford tells a lot of BS, nothing else. It is a mix that uses materials about manipulations with interest rates and Forex prices together with Panama Papers. Total nonsense.
In reality Tim Stafford does not exist, in the video you can see just a paid actor reading a script, that’s all. And to make the fun complete, he points his finger to other binary options scams and says how disgusted he is.
The Cash Formula website is full of fake testimonials. This is the usual procedure of scammers, they hire a bunch of actors willing to sell their souls for a few bucks.
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So these people are lying in front of the camera and reading a script about fake earnings with the program.
In reality these people have not even seen the Cash Formula app.
They will take your money
Stafford keeps stressing how scammers end up by taking your money. But he forgets to say that the entire Cash Formula project is designed to do exactly the same thing.
How do they do that? When you sign up, they push you deposit money with FMTrader, which is a binary options broker from Belize. And that basically means unregulated with no right whatsoever to provide services to US or EU residents.
So a guy from Miami pushing you to deposit money with FMTrader is doing an illegal thing.
Maybe you saw his annoying pop-up appearing every time you move the mouse out of his web page. He is literally begging you to stay on his web site and sign up.
He promisses $100,000 in free cash if you stay. Would a man offering you free millions do that? Of course not. You will never see a single cent from him.
The truth is that they will make you lose money with their software. But they will earn money on you, because they are affiliated with FMTrader, so they will get paid an affiliate commission for making you deposit money with this broker.
Now you see how the Cash Formula Scam works.
Let’s close this Cash Formula review by saying that it is a simple scam designed to make money to scammers and to lose your money, so stay away from it.
The truth is that you can make money with binary options, but not with a free system, because free profitable systems don’t exist.
Successful traders build their own strategies that make them money and don’t share them with other people. You can try binary options trading on a free demo to see how it works.
Then you’ll see if you are able to achieve real profits.
Cash Formula Review
Cash Formula Review: Many individuals all over the world are joining the binary options trading business day after day. This is because they have been told that it is among the fastest and most lucrative ways of making money online. It is true that binary option trading with best brokers can be lucrative but like every business, it does come with its own level of risk. The level of risk involved in the business model is a bit above average just in proportion to how rewarding it can be. Traders then have to look for viable means of lowering this risk level so they can win more than they lose when trading the markets. One way of lowering that risk is to use a binary robot as a helping hand.
This need to lower risk has given rise to the development of many auto trading systems and software with each claiming to be the best in the market. The popularity of using such software has risen so much that scams are beginning to flood the market from every angle. This has given rise to another challenge for the trader who is looking to make some decent profit from the market. The challenge is that of separating the few legitimate ones from those that are scams. The availability of so many options is very confusing for traders.
Cash formula is one of the options which traders have as an option. With a presentation and look that will impress almost anybody, you should not let yourself be deceived by appearances. This is because the quality and effectiveness of the system, signal software or robot you use is the first determinant of how far you can go in modern binary options trading. This review is intended to assist you in making an informed decision whether this system can take you as far as you want to go. It is intended to inform you enough to decide whether the system is worth putting your investment dollars into.
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Cash Formula Review
Cash Formula is a binary options auto trading software presented by one supposed Mr. Tim Stafford. The system also called CF files is claimed to be given to him by a mentor of his. He claims to have used the system to become a millionaire for many years now. He then turns around a bit to claim that the software was developed by a certain top 1% of anonymous elite traders who used it as a secret weapon to win in market trades.
Mr. Tim claims that the robot follows supposed ‘money waves’ (market money flows) thereby knowing exactly when and how any market is trending. This basically means that the robot follows the business cycle, rise and fall, of all markets within the global economy.
This is similar to how most scam sites are presented. It is not the only loophole that was noticed in the system’s set up. There are several others that need to be looked into.
Cash Formula Main Page
The Cash Formula Website
Like has been mentioned, the system’s website does not appear professional at all. For a system that is promising to make life-changing amounts of money for traders, a lot of necessary information is absent from the site.
The story behind the software which is told in the presentation video on the site just doesn’t seem to be convincing. It leaves many questions that have to be answered. From the video’s positioning on the page to the CAT (call to action) that was placed beside it, several things about the main page just seem not to make sense.
- Sign Up: The sign up button on the main page says you should enter you first name and your best email address to qualify for an instant bonus that could be as much as $100,000. Does that really make sense? Why would a system that will surely make you a millionaire in the no distant future give you that kind of money just for signing up? Mr. Tim also promises that you will be taken to a page where you will get his personal details so you can personally contact him when you give the name and email address. This is very untrue. Once you put the required information in the appropriate fields, you are redirected to an anonymous broker’s page where you are directed to pay the initial deposit.
- Free or Not Free: This should have come under how the system works. But the observation was made while trying out the sign up process. Is the system actually free? The answer to this could be yes and it could be no depending on where you are viewing it from. Yes! The software is free. But you cannot go on straight to the trading platform to try things out immediately after registration. You can never get onto the platform until you have paid the initial deposit. Does this not seem as if you are being forced to pay the deposit before you can visit the trading platform? Ordinarily, legitimate systems allow traders access to their trading platform to try out things before deciding if they really want to pay the deposit.
- Countdown Timer: The countdown timer on the website is utterly meaningless. You are advised to hurry through the sign up process before the timer expires and you become locked out of the system for the rest of your life. One amazing thing is that people don’t realize is that such tricks will always be found out and brought to the open. If you wait and let the timer expire nothing happens. You will always be able to access the website again right after. So, the issue of being locked out is actually false. It is just a scheme to create a feeling of scarcity. The same thing also goes for the note next to the video which urges you not to exit the page or your slot goes to the next person. This note is meant just to create a feeling of urgency and mislead inexperienced traders. Shut down your PC, close the website’s window or go out of your office. No matter how many times and in what manner you exit the page, your secret spot will always still be available any time you come back to the website. The whole thing is just a ploy to get people to sign up to the system.
There are so many other aspects of the website that appear senseless. But other aspects of the whole system must also be looked into. So, let the matter of the unprofessional website and all its flaws be rested for now to look into the other aspects.
The Cash Formula Video
The system’s video itself seems to be full of professional actors Mr. Tim Stafford included. If you watch the video critically, you will notice that at a point, he seems to be looking a bit upwards and directly in front of him. He seems to be reading from a script that is held in front of him.
Such are the small details which scammers always overlook when preparing their little schemes. Small details which eventually give them away when observed by experienced traders.
- Michael Burry: There is an interview with Michael Burry that lasted for about sixty minutes in the presentation video. True! Mike is a hedge fund manager who is very famous. But have you asked why Mr. Tim’s narration of how Mike used the system to make $750 overshadowed the interview? Is it not possible that Mike wasn’t relating to the system at all in the interview? It is true that Mike did a personal market research and foresaw mortgage subprime deals to bet against. He guessed the market was going to crash and his bet made a huge sum of money for his firm. But there is no record anywhere whether online or offline that Cash Formula was involved at all. It appears as if the system is just trying to claim credit for all celebrated trading episodes without actually contributing any quota to the events.
- Tim Stafford: Yes! The co-founder and CEO himself. He mentioned in the video that he had used the software to have turned himself into a millionaire. He shows that he had attained this status ‘over the years’ and has also enabled many random users to attain the status too. For an individual who has been a millionaire ‘over the years’, one who has made several others millionaires too ‘over the years’, a millionaire whom Michael Burry has been able to make $750 million through his system, why hasn’t any famous financial news outlet or website featured him yet? Why does Google not carry any social profile link in his name? Why does the whole world know Michael Burry who has used ‘his system’ and what he has achieved? Just try answering these questions and you will begin to get the drift.
Cash Formula Claims
Cash Formula’s 60 Second Trades and Other Claims
The system’s presentation video claims that the app centers on 60 second trades. Sincerely speaking, the trading market is too volatile for an expiry period of 60 seconds. Winning one trade in every 60 seconds of trading is quite impossible. It just cannot happen.
Tim also promised that the system will make traders millionaires in a very short period of time by earning them $20,000 daily. Binary option trading is very volatile therefore you have no guarantee that you are definitely going to earn a certain fixed amount on a daily basis. This is even more so if you factor in the fact that the initial deposit in your trading account is just $250.
As for the software’s success rate, Mr. Tim says it is at least 78% and keeps rising as you use it to trade through the day. But if this were true, why then is he putting a profit cap of $20,000 per day on the software. If it has the ability to trade as accurately as claimed, then why is it being limited to a certain amount as a daily profit cap? Doesn’t this seem like another red flag?
To the ‘get rich quick’ advocate and the inexperienced trader, the Cash Formula system might look very tempting. But it is always good that you should look below the surface before signing up to any binary options trading system software. This is so you do not regret doing so in the end.
With all the flaws that have been pointed out, the anonymous nature of most players in the Cash Formula system, the claims and promises made by the app that seem out of this world, it is advisable that you look very well before you leap. This is not to say the system is being labeled as a scam outright. But when in doubt, you should know that there are always better and proven options out there. There are so many of them like Option Robot that you can choose from.
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With a sleek and user-friendly website, the system provides you with every resource and information to make you the best and most profiting trader you can be. So, if you are into binary options trading for the long haul, looking to be the best trader you can be, desiring to amass as much money as can possibly be gotten from the market, then Option Robot is certainly the auto trading system that will assist you in achieving all these.
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Is Cash Formula a Scam? Red Flags Everywhere! REVIEW
The owners of Cash Formula are trying to convince you to buy a done-for-you system that can possibly earn you $5,000 in less than $24 hours.
I know you think this is probably too good to be true and just want a confirmation of that.
You want more details because these guys are charging $37 without giving you any information about what you will be doing, and how this system makes money.
Is Cash Formula a Scam or legit opportunity?
Read this carefully and make an informed decision.
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Cash Formula Review
- Name: Cash Formula
- Website: cashformula.co
- Price: $37 + Upsells
- Founder: Unknown
- Overall Rating: 5/100
- Recommended? No
Don’t Fall for The Hype
One of the most common red flags to identify a scam or a poor quality digital product is the hype.
Michael, the owner, starts his video presentation by claiming Cash Formula is the first done for you free money system that has turned 52 people into millionaires in the last 90 days.
He is inviting only 7 people who will possibly earn $5,000 within 24 hours and $100,000 within just 30 days!
Pay attention to the word “possibly”.
The site has been running for months now, and he hasn’t found the 7 lucky ones yet? Strange…
Look, I understand you may be in a delicate and stressful financial situation. I have been in your shoes before!
But here is my best advice:
Don’t fall for the hype and pay 37 bucks in hopes you will start making money fast with this system. You won’t!
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What is Cash Formula?
Cash Formula is a get-rich-quick type of product for sale in the Clickbank marketplace.
I have recently reviewed a very similar program called Million Dollar Replicator, which promises you will become a millionaire in just 30 days.
Unfortunately, numerous copycats are preying on people’s lack of knowledge about how the internet works.
It’s all the same story!
They claim everything is done for you, so all it takes is just a few clicks you will be making a ton of money in less than 24 hours.
However, they will never explain the system for you unless you give them your hard earned money.
Well, the truth is part of the process of building an online business is done for you, but not the hardest part of attracting potential customers.
Pros and Cons
- It provides some value to build an internet business.
- There is a money-back guarantee.
- Unrealistic income claims – No evidence provided.
- It omits key information – They don’t explain what you are purchasing.
- The owner is hiding behind the photograph of another person.
- Fake testimonials.
- Expensive upsells.
There Are Many Red Flags!
Cash Formula has many red flags, which are typical of get-rich-quick scams.
Flag #1 – Unrealistic Income Claims
Cash Formula give people the false idea that it’s possible to earn $5,000 in 24 hours without hard work.
Unfortunately, no program or system will do all the hard work to generate this level of income.
This is the most severe red flag for me because there are people who will purchase this product and not make a single cent!
Read the disclaimer page where it says:
Every effort has been made to accurately represent this product and it’s potential. Even though this industry is one of the few where one can write their own check in terms of earnings, there is no guarantee that you will earn any money using the techniques and ideas in this product.
Flag #2 – Scarcity Tactic
False scarcity is a widespread tactic used by dubious digital products to entice people to buy on impulse.
Cash Formula claims there are only 7 spots available, which is a lie!
The website cashformula.co was registered in October 2020 and will always accept new customers.
The more memberships they sell, the more money they will make.
Flag #3 – Anonymous Owner
If you watched the video, you discovered that the creator of Cash Formula is this guy called Michael.
I copied his photo and did a quick search on Tineye.com, which showed me that the picture is available on Freepick.com, a free stock photography website.
Here is the proof:
So, it’s clear to me Cash Formula is trying to hide the true identity of the owner, which suggests he is not proud of what he is selling.
Flag #4 – Fake testimonials
Another common tactic is the use of fake testimonials.
If the system worked, the millionaires would be more than glad to provide a real testimonial to show the world how awesome the Cash Formula System is.
But the truth is that all the people you see on the video are actors hired from freelance platforms like Fiverr.
Here is the proof:
The fronted product costs $37, but after you place the order there will be multiple upsells that amounts to hundreds of dollars.
These upsells are supposed to help you maximise your profits. But again, there are no guarantees, and they won’t eliminate the hard work required.
Conclusion – Is Cash Formula a Scam?
Although Cash Formula has all the ingredients, I don’t think I can call it a scam.
The reason is that it provides some value and a 30-day money guarantee.
So, if you are not happy with the product, you can ask for a refund.
However, the site makes unrealistic income claims and make you believe that 100% of the work is already done.
No. That’s not true!
As I said, you will need to attract customers to your internet business, which takes time, effort, and even money if you prefer paid traffic methods.
Verdict: Not Recommended
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I hope my Cash Formula review was helpful to you. If you have any questions, just let me know in the comment section below.
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Closed Cash Show – Win Real Cash! Reviews: SCAM or LEGIT?
Thread starter Hollo10 Start date Jan 27, 2020 Tags win money
What is Cash Show app?
Cash show is a trivia app that you download and will compete against other people by trying to answer the most questions correctly by making it to the end to claim the cash prize.
How does it work?
Cash Show hosts a live trivia game 3 different times a day on weekdays and even more times on the weekends. You are notified by sms messages when a game is about to go live so that you can participate in it. During the game you will be asked a series of 12 multiple choice questions. As long as you are answering correctly you are doing great, but if you make just one wrong answer, you are automatically eliminated for that game and can’t compete again until the next game starts.
How often are you allowed to compete in the games?
You are allowed to compete anytime that a game goes live and will be notified by sms before a game starts to give you time to get prepared. The times that games go live are usually around 12:30 noon, 5pm, and 6:30 pm on weekdays. On the weekends there are more live shows that are available for you to participate in.
How do you sign up?
In order to join the app you must be at least 17 years old to be able to win any cash earnings from it. You can download the app from the Google Playstore for Android and it is also offered on the iTunes store for IOS devices. Once downloaded, you have to register your account with your phone number and the site states that in order to participate and to be able to collect any cash earnings you will have to prove your identity, and provide your address and your date of birth. The app encourages you to earn bonus codes by linking your facebook account to your Cash Show account, and also by referring friends and family to sign up too.
How do you earn money?
When you are notified to join a live game, you are given a few moments to get ready and prepared. Once it starts they will ask a series of 12 multiple choice trivia questions that you and your competitors have to answer correctly in order to win. If you miss just one question you are automatically eliminated from that game and cannot participate until the next game. But, if you make it to the end by answering all of the questions right, you will win the cash prize! Just to let you know there CAN be multiple winners for one game, and if more than one person makes it to the end getting all of the questions right the earnings are then split between the winners. All earnings that you win will be transferred to your PayPal account.
Cash Show is an extremely fun and legitimate way for you to earn extra money (if you win) by competing in live trivia games. So if you are one of those people that knows many different things about many different subjects and are looking for a way to get paid for your knowledge, then this app is just for you! As always though, joining or signing up for anything will be at your own risk, and good luck with all of your money making endeavors!Best Binary Options Brokers 2020:
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