Product Name: Free Cash App
Product owner: Unknown
Advertised Price: Free
Actual Price: $997 + $200
What Is It?
An app that is supposed to tell you which trades to make with binary options.
This is a popular idea that has been repeated in other products like Automated Income App. The idea that a software can tell you how to trade stocks successfully is ridiculous. Binary options is a very risky way play the stock market, and professionals liken it to gambling.
Before You Buy
The advertising video is pretty standard, but they seem to have gotten lazy with this one. Usually there is a story about meeting guru billionaires that spill the beans and tell their guarded secrets about this secret app that generates cash so easily. This story is no doubt a lie as well, but they've simplified the lie to say that it's an app he developed and sold under a different name.
Now he's such a nice guy that he'll give it to your for free. Wow. Faith in humanity restored (NOT)
What I liked
There is nothing to like about this junk. Binary options could be for some people that enjoy high risk trading and gambling, but there is certainly no app out there that can tell you which way to trade. That's just wishful thinking.
What I didn't Like
This is typical hyped guru BS, though I see a recent trend of “apps” and “billionaire secrets”. Other products like Get Auto Commissions, Money Formula, and Commission Blockbuster play on your emotions and a willingness to believe what's not possible.
Thousands of people buy into this stuff every day, and most of them don't get their money back, let along generate any income from these “super secret proven methods of autopilot easy money”.
The first red flag you should see is that he clearly says that his product is free, and two sentences later he says it's just a free trial. The real product will cost you $1k. He also fails to mention that you'll need $200 to fund your trading account.
There is also no training, so now that you've spent $200, you've got to step up the trading floor, with no experience, and learn how to use the app properly. The issue with products like this is that they require you to make a leap of faith, trust that it works, and spend your money before you really understand what you are doing.
One last issue I had with the product was being unable to register from the US. Um.. that would have been nice to know before watching that whole video. Although, according to other binary options review sites, SpotFN, the binary options broker you are supposed to register with for Free Cash App, is one of the “most popular” brokers in the US. I can't tell who is lying, or if this is just a bug in their sign up page.
If you want to make money on the internet and understand what you are purchasing BEFORE you actually spend your money, please ready my review of Wealthy Affiliate. You won't be generating income overnight, but you will learn how to build a strong foundation for your online business. It's the training I used to build my own websites, quit my job, and work from home.