The Binary Godfather really plays on the whole Godfather motif to promote its product. This might make the site stand out a bit, but it doesn’t make it any good. In fact, they are majorly infringing copyright by taking this approach, so there’s a good chance the site will be taken down in the near future.
Honestly, the marketing for the site leans far too much into the whole Godfather gimmick and it is cheesy and just horrible all around.
The marketing makes the site stand out from the crowd – I get that. But honestly, the whole mafia idea doesn’t have anything to do with the product. In fact, the site is promoting a common technique and it’s one that doesn’t work very well anyway.
As is common with this type of site, the sales pitch far overpromises and doesn’t tell you anything of substance.
Of course, the site can’t even seem to make up its mind about how much you are supposed to be earning. That should be a pretty big indication that the numbers aren’t real.
Signing up for the site takes you to a second page, filled with more hype and lots more mafia talk. One part is a slider that indicates how much you can earn:
The slider is really meaningless and it entirely overlooks the risk involved in trading. Additionally, at the highest option, the slider indicates a return of $2,000, across a 30-day period. However, the original marketing for the site said you could earn either $7,504.09 (which is an oddly exact number) or $1,298 in 48 hours.
Again, the company can’t even decide how much money you are supposed to be earning. Not a good sign.
This all comes back to binary options trading – like so many products. I honestly don’t know why there are so many products out there promoting the exact same scam, but I guess some people must end up falling for it.
Let me make this clear.
I have seen the same pattern and same promises over and over again online with systems that have different names but are essentially identical to Binary Godfather. They even use some of the same misleading practices, like the fake countdown for licenses remaining (refresh the page and it will magically reset).
The live profit statement is another example.
The statement is supposed to be proof that the system works, but it doesn’t actually prove anything. There is no way at all of knowing whether the figures are legitimate. In fact, the disclaimer for the sites talks about the use of simulated results, which is probably what the Live Profit Statement actually is.
The disclaimer makes it pretty clear that the claims the site makes about how much you can earn aren’t realistic in the slightest. This isn’t surprising though if you know anything about binary options.
The Risks Of Binary Options
Binary options trading has always bothered me. It’s a form of asset trading with a high amount of risk. The worst part is that sites like Binary Godfather promote it to people with no experience.
You can pick up binary options trading and try to make money off it without knowing anything at all about it, but that’s not a good thing. These sites manipulate people into taking excessive risks, while implying that earning money is guaranteed.
To even try binary options trading, you have to deposit money with a broker. Typically this deposit is $200 or sometimes higher.
For every trade you make, you are using your own money. If you win it, you get the money (plus around 75-85%) back. If you lose, you lose the money. The system is strongly stacked in favor of the broker, and your odds of making a profit are pretty slim.
Making Money Without Risk
Making money online shouldn’t be a risky process, yet far too often it is. Sites like Binary Godfather offer this miracle approach to making money, but ultimately, you just end up losing it.
More than anything, taking the time to learn and grow is the key to being successful online. Sites that promote quick fixes and easy money will simply never teach you what you need to know.
If you are sick of the spam and lies so common online, check out how I made money online – a realistic approach that you can follow without risking a ton of money.