Who doesn’t like getting something for free? If you’ve stumbled across Instant Profit Method, you might be wondering how the site can offer a secret for making money online without charging a dime. The answer is that the site isn’t all it claims to be and there isn’t really any ‘glitch’ or secret to be shared.
Sites like Instant Profit Method focus on convincing people to give their approach a try and they make it seem easy. After all, if you actually could make more than $5,000 a day without spending anything, you would probably jump at the chance. Pretty much anyone would.
But, as you can probably imagine, you don’t actually get the chance to earn lots of money for free. Despite all the claims to the contrary, it does actually cost to even give the profit approach a try.
The approach is one known as binary options trading, using software from Instant Profit Method. With binary options trading, you are using your own money to bet on which was an asset will go in the market. This means that for every trade you make, you have a risk of losing the money that you put up for it.
This approach means that you have to put up money to even get started with trading. Instant Profit Method goes through a binary options broker called Big Option, and to use it the minimum deposit is $250.
$250 is a pretty big investment in a program that might not even work, so the real question is, can you actually make money with Instant Profit Method?
A pretty big indication that the site isn’t as good as it claims is how inconsistent it is. The landing page claims that you can earn up to $5.538.24 a day, which is an oddly specific number. Yet, if you look on the next page, this graph of profit is given:
If the system can actually earn more than $5,000 per day, it’s pretty unlikely that the owners of the system earned on average between $40,000 and $45,000 per month. This is a pretty big indication that the software isn’t actually as good as implied.
The site also isn’t honest about how much it costs to get going with binary options trading. David gives the figure of $200, even though the minimum deposit at the broker he has chosen is actually $250.
Another important point is the 100% Bonus Match that is mentioned here. A bonus match basically means that if you deposit a certain amount the broker will match it, effectively giving you double what you deposited.
This seems appealing, but it tends to be used as a way of trapping people. If you use a bonus match, then the company will tend to place additional restrictions on withdrawing money, often making it very difficult to actually get money back out.
There is also no actual evidence that David Jackson actually earned any money at all through binary options or any other way. Screenshots of bank accounts and broker accounts are incredibly easy to fake. Even if the numbers were legitimate, it would still not prove that the money was earned the way that the author claims.
Binary options trading should never be promoted as a money making approach, because it simply isn’t. With binary options, all you are really doing is gambling on which way the markets are going to go.
Even with the best software in the world (and Instant Profit Method’s software certainly isn’t that) it isn’t possible to reliably predict changes in the market. This makes it very easy to lose money through binary options and very difficult to actually earn any.
Chance should never be an element of making money and there really are better ways of making money online without taking the risk of binary options.
If you want to make long-term money online, you can do so through your own blog. In fact, it is very possible to start your own website for free and to learn how to make money through it effectively. This is a much more reliable approach, and it lets you make money from your passions, rather than by taking a risk on an approach that is little more than gambling.