Welcome to the Drexel Code Review by the Make Money Online Zone. At the moment after doing a bit of research into this system online there appears to be a real lack of facts about the Drexel Code. If you are in any way tempted to invest your hard earned money into this system, please read my review first before getting involved as there are some plenty of risks involved and several things that you should definitely be aware of.
First of all let me begin by saying that I have had several years of experience in dealing with these systems. I know people that have make a full time living from trading online and I have spoken with countless people that have been scammed by automated binary software. The Drexel code makes no secret of the fact that it is a binary trading platform designed to “auto trade” on your behalf.
The Drexel Code Review – Big Claims
There are high risks for all traders that invest within binary options, the most successful traders are experts within their professions and spend most of their time monitoring charts and graphs for changes and patterns within stocks, currencies and commodities. Ask any expert trading, even those that do it for a living and they will tell you that they lose on a regular basis. Trading binary options and winning 100% of the time is impossible, but yet this is the first claim that the Drexel Code claims. Quite a big claim!
The Drexel Code Review – The Website
On entering the Drexel Code website we are filled full of confidence and made to think that this product is the real deal as we see the Drexel Code logo plastered everywhere! The flash car with the Drexel number plate, the logo on the front of the building, even the cups inside the office have the Drexel Code logo! This is not one of the cheap and nasty video’s that we normally see promoting this kind of thing, and for good reason. These guys want and need you to believe that this system is real, however I can confirm that there are more than one scam that are attached to the Drexel Code.
The Drexel Code Review – Big Budget Bad Actors!
The people that are responsible for creating the sales video for this system have done a pretty decent job in comparison to many that we have seen. However, most of the acting within the video is pretty bad. The group known as the “brew crew” get my special award for being the worst actors, but to be fair Mr. Drexel himself isn’t great!
I’m really sad to say that I know some people have already started buying into this system and yes I can confirm that it is just another scam. But let me guide you through the full process of what is going to happen here, should you get involved.
Two versions of the Drexel Code? A Double Scam?
Before I tell you about the “official” Drexel Code I must first warn you that there is also a fake version of the Drexel code out there on the market too. Neither version will make you any money but I feel that I must warn you about it. What surprises me is the fact that it appears that Google have relaxed their advertising rules so much that they have allowed this website through. Not only is there a fake version of a system that is already scamming people but the place where you will find it is right above of the organic search results, within the paid advertising space on Google.
Take a look at the circled Google ad here. It’s not the real Drexel Code, it’s a fake. In fact this is basically just a link to another binary brokers where you are asked to deposit money. We tried it and the Google ad linked to an extremely poor landing page that simply asked to for your details and then to deposit money. I really don’t know how Google let this one slip through!
The other ads here of course say that the Drexel Code is the real deal! But of course they would do when they are paying over a dollar per click!
So let’s go back to the official version of the Drexel Code. If you get past the slightly poor acting and your longing to make money online is so great that you decide to give this a try, then no doubt the first thing that you would do is read the small print, right? Ok, perhaps that’s a little too much to ask when there is a countdown at the bottom of the page, counting down the amount of spaces left for “beta testers”. But in reality, the small print is partly the reason that these guys get away with this scam. Let’s take a look at what you are agreeing to when you sign up with the Drexel Code…
The Drexel Code Review – What have I agreed to?
Take a look at the 2 statements taken from the Drexel Code website.
Understand that in this first statement “hypothetical or simulated results” means that they are made up. Everything within the sales video for the Drexel Code is made up and this statement helps them to get away with it. Notice also that it clearly tells you that no trades have been executed in the results shown. In other words, the examples shown are fake. And then finally we read that no account is likely to achieve profit similar to those shown in the sales video! Lets look at the second statement…
In the second statement you are told not only that your personal details will be collected, but that they will also be shared with third parties. Why is this important? Well this is actually part of the big scam and this is where these guys will make the majority of their money.
The Drexel Code Scam
The Drexel Code Scam works in the same way that many of these systems have done. The software is fake and is simply an app that interacts with a binary broker. The guys that created this scam are affiliated to the binary broker and so make commission when you pay money into your account. Since binary trading is very much like gambling, there are no money back guarantees either! Once you pay your money, it’s over! The software if placed on “auto trade” as you are recommended to do, will trade a minimum of $25 per transaction until your initial deposit of $250 has all gone. 10 trades is all it takes to see your hard earned money disappear.
And the reason why these guys want to let you know that your details will be passed on is because on joining your details were passed to the binary broker, who will then try to upsell you and offer you further offers to take more money from you. If you get a call from a binary trading company you should be on your guard as these companies are renowned for offering high cost services that will drain your bank account. You have been warned!
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