Hi, welcome to our XTP APP review. You may have recently received a email or text invitation to take a look at this new app or if you have been looking for a way to make money via the internet then you may have just stumbled upon it via a social media site. Hopefully you will have read our report on The XTP app before getting involved, and if you are thinking about investing in this system then please ensure that you read our review before taking any action.
Hi, my name is Andrew and I am the creator of this site, The Make Money Online Zone. Here we help people find genuine and ethical methods of making money online as well as reviewing products and exposing scams, to keep you safe. If you are looking for a genuine method of making income then please read to the end of this review.
What Is The XTP App? And Does It Work?
This new software was launched on the 27th of October 2015 and will be heavily promoted around the internet via social media sites and by email marketing campaigns. This system is based upon a system that the likes of these software creators have used to their benefit time and time again. The system claims that this is a binary trading software designed to automate the process of making quick and easy money online. In fact the framework for this system has been used by its creators many times, each time the same basic method is applied. The software claims to be a beta version of an amazing money making software app that you can use to make immediate profits. The software is given away for free, so you may think that this isn’t such a bad thing. In fact this software is a scam and in this review I’m going to tell you how the XTP App will take your money and scam you.
Is The XTP App A Scam?
Yes, in a word! My aim on this review is not to just tell you that the XTP App is a scam, but to tell you how it works any why its a scam. This software is no different to hundreds of others that are currently on the market, scamming individuals just like you. The fact is they all work in the same way but just use a different front and go by a different name. Nearly all of the time the software app is given away for free and we are given a bit of a story as to why its free on the sales page. In reality the real reason that it is free is because you have no come back on a free product. By not paying for it, you can’t claim a refund for a start. So where is the money made? And how does it scam you?
Well, once you have your free access to the software, there is the small matter of registering and depositing money with one of the “recommended” binary trading broker companies. In general the providers of the software will suggest that you deposit a small amount of around $250, sometimes there are options to deposit more, but the general rule is that you need to “invest” $250 in order to make your free software work!
The creators of these binary trading software scams are experts in the field of marketing and have access to thousands of email addresses that they use to recruit marketers. A binary trading software app like XTP can go out to millions of potential victims within a very short time. On top of that, the software creators are generally very good marketers themselves, they will create a sales video that is designed to convince you that their software is NOT a scam and that you should act fast in order to get this once in a lifetime opportunity!
What Happens If I Get Involved With The XTP App?
I have given you a basic outline as to how these systems work above. But I just want to make it clear exactly what happens when people get involved with these systems. Like I said before, most of them work in the same way, so if you see something similar in the future, then it probably is!
Here’s how it works…
The software creator launches the binary trading scam software under a new name, this time its The “XTP App“, and asks a few hundred affiliate marketers to launch a huge marketing campaign to promote the launch, in exchange for a commission. The affiliates send out mass emails and promote the software heavily on social media sites like Youtube, Facebook and Twitter.
The average person looking for a genuine way to make money online is drawn in because they think it seems like a legit way to earn some extra money online, plus they like the fact that the software is being given away for free. The customer enters their email address and is given free access to the software but is then told that in order to activate the software they must first register with a chosen binary trading broker and deposit the minimum amount of money.
They then deposit the minimum amount ($250 generally), and are then told that in order to trade in any way that your identity needs to be verified. And here is where things start to get a little more complicated. You see, binary trading brokers have a reputation for making a lot of money and not just from the trades that are made. Binary brokers will tell you that they need to verify your identity just so that they can hard sell you more products that they offer.
The brokers will begin by “verifying” your details and will then try to sell you training products and other up-sells designed to take more money from you. They will generally try to advise you that you shouldn’t trade under any circumstances without sufficient training, of course they will provide that at an extra cost.
Once you manage to get off the phone and you have activated your account, the software will then take care of your $250.
Most of the time, these software apps are nothing more than applications that are designed to randomly place trades, of course this leads to random results. Sometimes the software can actually look as though it’s actually doing as its supposed to. But in reality, because of the random way they work, you will lose your money.
Binary trading is very similar to gambling and there are no refunds for lost trades. And as we have already said, there are no refunds on free software either!
Keep clear of this software and remember how these scams work so that you are prepared in the future.
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