Product Name: Consistent Profits
Product Owner: Allen Gill
Upsells: None – but you have to deposit money to earn anything
What is it?
Nothing more than another product offering income through binary options without fully explaining just how much risk is actually involved.
Consistent Profits is simply one of many products claiming to provide income through binary options trading. The sales pitch, approach and even product are almost identical to many other products claiming similar approaches. Realistically, binary options is far from reliable and I doubt anyone would earn consistent profits from it, particularly not the people the author is targeting.
Before You Buy
Consistent Profits is binary options trading, which means that actually earning any money is mostly based off chance, not skill. Once you sign up for an account, the very first thing you have to do (before you get any software) is put money into an account.
Binary options is often promoted as a form of investment, but it really isn’t. If you know the market really well, you might have a slight edge in making money, but even then it still comes down to chance. Even if you decide that it really is worth the risk – don’t think for a moment that the software offered will give you an edge. Simply speaking, it won’t.
The fact that multiple internet marketers offer binary options software with pretty much the same sales pitch each time suggests to me that they probably didn’t make the software at all – and that the software probably isn’t any good.
What I Liked
Honestly, there wasn’t anything I liked about this product. It was very misleading and I hate how it made binary options seem safe.
What I Didn’t Like
Marketing videos are almost always manipulative to some degree, but this is probably the first time I ever got offended by the marketing video. I would guess that the person making the video was trying to appeal to guys, but as a female internet marketer, it seriously bothers me.
Aside from that, the marketing video was a whole was almost like a sales presentation. As usual, there was a lot of hype about how much money could be made from the product, specifically the amount that the narrator claimed to have made.
Whether this is legitimate or not, it is pretty difficult to tell. However, because of the way that binary options work, I doubt it is. Personally, I would have expected to see a lot more fluctuations in his returns than he showed – because making money with binary options is very chancy.
I also want to note that the presenter seriously annoys me, particularly the way that he keeps calling the software his ‘baby’. That’s not really relevant to whether the product is any good or not, but it does make watching through the marketing video very annoying.
One of the things the marketing talks about is how the product owner is giving the user this wonderful new piece of software for free. Does it sound too good to be true? That’s because it is, but not in the way that you would expect.
Like many similar products, Consistent Profits does actually provide you with free software. However, it comes with a catch and it’s a pretty big one. Consistent Profits is actually promoting a very specific way of earning money online called binary options. Honestly, binary options isn’t so much a way of earning money as it is a way of gambling.
I have reviewed multiple different products offering the exact same thing as Consistent Profits, and in fact, some of them seemed to even use the same coding. For example: the image below is from the ‘application’ form for this site, while the second image was from a product called Smart Money Makers – which is almost identical By the way – nothing happens when the timer reaches 00:00.
In fact, there are a lot of products that offer ‘free’ software for opening and funding a binary options account – claiming that their software will help you to make profit. Realistically, it’s very doubtful the software will help, because binary options is about predicting how the market will move, and there isn’t much that software can do to help this.
Now, I’m not going to go into the process of binary options trading too much here, because it has already been discussed multiple times on this site (like here). There is literally nothing different about Consistent Profits than any of the other sites that offer similar ‘deals’.
As a side note, I also want to point out that the site that is promoted in the product video and the one that the narrator implies he has made money off is GTOptions. However, the site that users are sent to sign up for is a different one entirely, called UBinary. Maybe this isn’t a big deal, but personally, I think it is a little suspicious.
I also want to note that many binary options sites are suspicious and there is a significant chance that you won’t get your money (assuming you actually earn anything). One of the issues is that these sites are pretty much unregulated, which gives them the ability to simply shut down when they choose to, and start up again under a new name.
If this happens to a site you have invested in, then you could potentially lose everything you invested. Additionally, the government has this to say about binary options trading (you can read the full document here).
I also want to note very quickly that it is unlikely that the product owner will ever charge people for the software, despite his claims. In reality, it is most likely that he is making a percentage profit from every dollar that he cons people into investing in the binary options site.
Who Is This Product For?
If anyone, this product is useful for people who regularly engage in binary options trading and have the finances and market knowledge to potentially make a profit from it and to absorb any loss. However, for people in this position, I would recommend examining the brokers out there and doing careful research, rather than falling for the hype of one internet marketer who is only really out for profit.
Many people are successful at making money online, but binary options trading is really not a good way to go. Realistically there are more that people lose money through this approach than there are that make money.
Instead, I would recommend following the training in the #1 product that this site recommends, even just for a little while. That was actually where I received my own training in internet marketing. I think it is fantastic training, even for people with absolutely no experience in making money online. If nothing else, it taught me to spot scams a mile away.