Simple Profits is a SCAM!!! Honest Review!

Stay away from Simple Profits, it’s undoubtedly a scam! In this review we gathered concrete evidence to support this conclusion. The domain you should avoid is: Simpleprofits.co, it’s based on lies and pressure tactics. This bogus trading system was certainly not created by real binary options traders. Let’s start with the biggest issue, the news stories are all fake!

Simple Profits App is allegedly “changing lives” and was covered by The New York Times and BBC News, however when we tried to search for the articles in question, we found nothing. You can even type the title of the BBC article on Simple Profits and search for it on Google, it doesn’t exist. This alone should concern any day-trader who may be considering to join auto-trading system. You got to wonder, if Simple Profits was such a profitable software, the developers would’ve managed to find some real members to testify and confirm the wonderful performance instead of attempting to win your trust with fake news stories.

This article was never posted on BBC NEWS! It’s fake!

simpleprofits

The pressure tactics are just too obvious, “6 memberships available” and it goes down if you stay on Simpleprofits.co for more than a few minutes, then if you proceed to the 2nd page, you have exactly 12 minutes to join. Try back tomorrow and you will notice the same exact thing. Nothing will change, you will still be granted access and this negative review will still be there as well, to warn those who may be new to binary options and may fall for this.

If you’re into small details, you probably noticed the Better Business Bureau logo on the Simple Profits System site, but rest assure that this business is not accredited and if they were listed on the BBB, it would have an F rating.

“Oh No… 1 spot left, you better hurry up…”

1spot

No real testimonials that you can verify and the promises are insane. The voice narrator claims that you can potentially make tens of thousands of dollars in a single day. If Simple Profits was so profitable, it wouldn’t be offered free and indefinitely. Reliable, Free Auto-Traders are available but you got to be careful and if an offer seems fishy, you should search for a 2nd opinion or an honest review, because even if the service is offered free you must still deposit the minimum requirement with a broker and it’s often around $200-$250 to get started.

Verdict: Simple Profits is a SCAM!

In some cases we test services but Simpleprofits.co is a complete scam and it would be pointless to give it a try. In case you decided to register with this website, please share your feedback below this review. We encourage you to stay away from Simple Profits or any similar services. For better alternatives, visit Watchdog’s Approved Signals and if you are entirely new to online-trading, consider starting with a Free Demo Account before you invest real money.



21 comments on “Simple Profits is a SCAM!!! Honest Review!
  1. alberto aguilar says:

    Thank you for the warning, Simple Profits doesn’t seem legit at all!

    many thanks in advance and God bless..!

    alberto

  2. CLIVE DOWDALL says:

    THIS WAS ON T.V. AND IN THE DAILY MAIL IT SHOWED THEM SHOPPING ETC I CANNOT REMEMBER WHICH DAY BUT IN THE PAST TWO WEEKS

  3. Garretsen says:

    Haha 1 spot left, it is clear that this is a scam which everyone should avoid at all costs!

    • Nuala Lyons says:

      They are saying this product is made by a Mark Warren I think., however John Silver is down as the CEO , one of the main contenders for stealing a lot of my commissions

  4. Michelle says:

    it seems that option rally is dodgy too. deposit 250 but cannot get it all back when not done any trading and only opened account that same day…

  5. Mohd Najib Mohd Amin says:

    This is “simple scam” for sure instead of simple profits..my advice,better stay away from this software!..only 1 spot left available??haha..really no make sense!..thanks once again watchdog for this review!

  6. felix adrian plesescu says:

    I invested $500 with Simple Profits and it was a big mistake, lost it in 2 days!! It’s a fraud!

  7. David Howell says:

    Does anyone ever profit with binary options?

  8. Oscar says:

    Simple Profits is a big scam!! Do not invest your money with this or you will lose it!! David Howell, yes, people do profit in binary options but one must be patient and improve your trading skills as much as you can, just be patient!!

  9. Mark says:

    I’ve made some good profits with Binary Options. It takes patience, training, and hard work. If you jump on a get rich quick scheme like Simple Profits you’ll lose your investment fast! Profits are realistic however, overnight, or even next month millionaire claims should set a big red flag. Like anything else, if you want real profit you have to work for it. Don’t trust a silly scam like Simple Profits!

  10. Gui Kee says:

    Simple Profits hell of the scam. I activated it and it just go to binary brokerz and hell with Simple Profits page stay still.

  11. Sandie says:

    Thank you so much for this warning, I was going to register with Simple Profits but decided to look around first and it was the right thing to do!

  12. Adam says:

    Its the most stupid and the worst scam I’ve ever seen .
    It sounds silly from beginning but i decided to watch his video “proof”, loll, i like the account number 123456 and the speed by which this super software picking “profitable” trades WOW, am gonna purchase it, run it, go sleep, i’ll become multi millionaire next week.
    what a dumb scammer !
    This guy is the worst scammer, so before watching the video please make sure to turn sounds off and close your eyes maybe this way you purchase his software.

  13. Jeff says:

    Thanks for the heads up almost bought into this scam.

  14. Michaiah Monson says:

    Like Jeff, I almost bought into Simple Profits. Thank God, I read this first, and thank you, Watchdog, for having the best interest of the consumer at heart.

  15. Jimmy says:

    Can you please review stark trading.

  16. Nelson says:

    I was scammed by this Simple Profits- the Broker is the Scammer they owned the software BINARY BOOK

    • Gui Kee says:

      Let me share my experience investment with this account manager/broker Michael Shaw

      Beware of him if you happen to deal with him in forex investment.

      I had dealt with him and he gave me his good words that I’ll make money.

      It’s turn out to be the way round all i had is a great losses.

      Please share it . I’m played out by him.

  17. SunshineF says:

    Thank you Watch Dog for watching our back. Glad I browse through before getting caught into the scam of Austin and Jeremy “Amazon Training” scam. From a 60 minutes webinar turned out to 120 minutes. I could have spent the quality time with my children than sush them a few times.

    • Derisha T says:

      Same here. Webinar was phony. None of my comments/questions nor anyone of yours will be answered as it is pre-recorded. Brilliant! #scammalicious…straight suckered me. AIN’T NOBODY GOT TIME FA DAT!

  18. KL says:

    What about their simple products? Is that a scam too?

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