Warning!! Ataraxia 7 Is a SCAM!!

Can they at least change the actors behind the testimonials each time they launch another fake “get rich quick” scam, posing as a binary options software?! Ataraxia 7 is the latest scam that is going viral right now, just last week BinaryoptionsWatchDog.com received 18 complaints on this new system as traders are reporting an ITM as low as %30 and up to %52 at the most, which leads us to a very solid conclusion: Ataraxia 7 is a SCAM and this is a warning! All other reviews posted on this new scam, are fake, written by promoters who are trying to push Ataraxia7.com to newbie traders who lack the experience to recognize the difference between a reliable signals provider and a well-marketed, money-making scam such as in the case with Ataraxia 7, Binary Matrix Pro and many other systems that are designed beautifully , yet deliver horrific ITM trading results.

It’s just becoming too obvious, the actors are the same, the fake photoshopped performance, the shady website structure, and the lack of authority this service has in the binary options industry. This service is not recommended on any popular blogs or forums and mainly advertised via email phishing campaigns, or in other words, the guys that keep sending you annoying offers all day to your emails.

We found that the entire website is bogus, Joseph Belkins is not a real person. The “founders behind Ataraxia 7″ and their pictures are all fake, as we ran a Google reverse picture search and found that all the individuals are paid actors or not related in any way to the binary options industry.

Regarding the website TradeSec.ORG, we found that this website was created around the same time, Ataraxia 7 was created and is solely for the purpose of creating a fake verification site for their scam, yet the actors in the picture below seem to appear on many other similar websites…


In most of our reviews we reach the same conclusion as we seek to expose money-making scams. Please help us warn other traders by sharing your experience with Ataraxia 7 or any other fake binary options service. In most cases, they all look and feel the same. There’s no real mentor or person behind the software and besides a few fancy widgets and good looking paid actors, you’ll find nothing but disappointment at the end of this tunnel. We strongly recommend that you think twice before investing with Ataraxia 7, unless you are %100 ready to lose your entire deposit within a few hours or if you’re lucky, within a few days. Other similar scams we exposed include Insured Profits, Binary Matrix Pro, Legal Insider Bot and many services that look almost exactly the same.

Remember that Binary Options as a trading instrument can yield high profits but it can also yield high losses, always do your research and make sure to visit our Binary Options SCAMS list. Also check out other warnings and The Recommended Signals Providers by WatchDog! Don’t forget to share your feedback on ataraxia7.com.

Is Michael Freeman a Scam? (New AutoTrader)

It’s been a while since we posted a positive review on a binary options related software or any type of products as we found most of them to produce little to no results and in some cases, these “auto trader magic solutions” are partnered with scam binary options brokers and “double-end” the customer from both sides..which is a pure scam!! These are the type of services we usually review on the BinaryOptionsWatchDog.com and warn our traders against!

Now just because Michael Freeman is really famous on YouTube doesn’t mean that his new Auto Trader is not a scam, however after testing his manual trading signals and after completely auditing his Auto Trader we found no reason to believe that Mike is on to a scam.


Michael Freeman SCAM?

If you fully examine Michael Freeman it would be ridiculous to even ask yourself if the guy is a scam for several reasons:

1) Michael Freeman has been providing with free binary options mentoring for over 3 years and openly invites traders to contact him with all binary options matters. Email him at [email protected] and you will get a response, use him as a resource irregardless if you sign up with his services.

2) Michael Freeman is his real legal name, (unlike all the fake Auto Traders which are all using fake actors). At WatchDog, we conducted a full investigation to check if perhaps he might be falsely representing himself as Michael Freeman, which would be illegal since there’s no “pen name disclaimers” anywhere on his websites. The guy has a nice name..what can you do about it?

3) Michael Freeman owns and operates the biggest and most popular Binary Options YouTube channel in the industry with over 170 videos on tips, strategies, broker reviews, scam alerts and everything that relates to the industry. He covers it all and he has a solid subscriber base and many appreciative fans.

4) He also owns BinaryoptionsChannel.com , his official website in which he posted over 200 articles on strategies and tips relating to binary options. BOC is ranked among the Top 3 blogs in the binary options niche for the simple reason that Google knows how to give high page rank to quality information which is why Michael Freeman became a viral figure.

5) For anyone who doubts if he is just on online marketer, checkout some of his 200+ free strategies on BinaryoptionsChannel.com, the guy knows what he is talking about so even though we found claims of Mike Freeman being “nothing bad an online marketer”, usually on blogs that are ranked lower than him and try to hijack his fans by posting hate comments, the bottom line is that there is no doubt that this guy is legit.

6) Over the last two weeks Mike helped raised over $20,000!!! in charity with his new Auto Trader since he basically offers it free of charge but all he asks of new traders is to choose a charity fund and donate money according to their budget and forward him the receipt. The guy is so popular that he could have easily charged monthly fees for his new Mike’s Auto Trader software but instead he is raising charity world-wide. If anyone ever had any doubts about Michael Freeman, you should look in the mirror and ask yourself, how much money did you ever help raise to charity?

In fact, at BinaryoptionsWatchDog.com we were very moved by this one video he posted, (Mike’s Donations Video) about some of the donations he is encouraging traders to help and the words he spoke gave us the goosebumps. The guy serves as a wake up call to many traders who are so focused on their greed and wealth we salute him for what he is doing! It’s possible that competing bloggers will try to damage Michael Freeman’s reputation but we doubt that they will ever succeed, there’s really no doubt that if you are looking for the real thing in binary options, Michael Freeman is it.

Visit Mike’s Auto Trader – MikesAutoTrader.com


To sum it up, we not only endorse Michael Freeman’s new Auto Trader and promote it completely free on WatchDog, we also encourage you to take advantage of his free mentoring. In an industry full of Scams, a guy like Michael Freeman is needed and we salute him for his dedication and sacrifice, for all the hard work! The guy is a hard worker and a now also a servant of god with his donation initiative to raise donations for charities around the world. He makes his affiliate commissions from brokers, but in reality it doesn’t really cover for the amount of work the guy puts into his articles and videos, free mentoring and now his new Auto Trading service. Congrats to Mike and we welcome all of you to pitch in and donate to the charities Mike is promoting irregardless if you join any of the brokers or his new service.

Checkout the complete WatchDog Approved Signals and Software List and please share your feedback on Michael Freeman’s work, signals, Auto Trader or questions below.

Million Dollar Dream is a SCAM “keep dreaming…”

On Monday 25th, August, 2014, a new scam was launched under the pretense of a legitimate money-making system, promising newbie day traders and money-making seekers $20,000+ in daily profits by simply using the Million Dollar Dream automated software! At BinaryoptionsWatchDog.com we are always surprised to find so many similar looking “money-making schemes” and it seems as if they continuously pitch the same ‘garbage’ to folks who are either interested to trade binary options or have a general interest to work from home. They always find creative ways to get your email, get you on their pitch and squeeze pages and then they systematically work on your emotions to urge you to sign up before it’s too late, free or not as they present it, eventually you will be required to pay a lot of money or at least deposit with a broker and in many cases these auto traders are synced with unregulated brokers.

Keep dreaming sweetheart..


We are now seeing many ‘borderline criminal’ pitch pages pushed to potential clients in various industries and of course since there’s a lot of money involved with Forex and Binary Options, these scammers are targeting newbie day traders with flashy, glamorous looking offers which is literally ruining the credibility of honest traders who are actually out there working to provide traders with real signals, transparent trading networks or mentoring.

Visit other similar SCAMS exposed by BinaryoptionsWatchDog.com

Insured Profits Warning! - Hercules Profit Pro Warning!The Covert Society Warning! - Legal Insider Bot Warning!

The Auto Trading niche has been hit the hardest by scams such as the one we are reviewing today, the “Million Dollar Dream” and it’s now safe to say that at least %90 of the auto traders are fake due to the large number of fake offers that are coming out on a weekly basis. Let’s keep the facts straight, we have no criticism or anything against auto trading, it’s a great technology that allows traders the option to trade on ‘Auto-Pilot’ which means that you can receive signals from a software or app that is synced directly to a live trading account, and since it can be frustrating to manually enter the signals yourself, the auto trading technology is truly revolutionary. It’s a great idea is essence but there are just too many scams out there and at this point we are really fed up with the lack of regulations and involvement of any type authorities and policing agencies around the world to fight against these scams. The BinaryoptionsWatchDog.com is here to expose them and get traders to share their experiences in order to deter others from losing their money! If you have any experience to share regarding the Million Dollar Dream offer, we would really love to get your feedback below this warning and you should know that your feedback is essential since this offer is promoted on a massive scale and our goal is to prevent as many traders as we can from making this mistake and signing up with this Fake Dream BS.

The Million Dollar Dream is a SCAM! It’s now confirmed based on the massive amount of negative feedback we received since Monday the 25th. Traders were kind enough to alert us right away and we are now taking measures to prevent other traders from falling victims. This review can serve as a warning to many traders and save many people from the Million Dollar Dream… and by no means should you stop dreaming about making millions of dollars but you will certainly not make it by using this scam, money-making software..

At BinaryoptionsWatchDog.com we love good ole’ songs and the song below is the most suitable one for you guys to listen to while reading this review. Keep dreaming, but give yourself a reality check from time to time!

Dream Dream Dream…. but avoid the Million Dollar Dream, that’s all you have to do…”

The Million Dollar Dream is a very annoying website, we did in fact try to watch the video, but this squeeze page, email pop-up thingy kept appearing on the screen which goes to show you how desperate they are to get your email so they can later solicit other similar scams via email or sell your information to other email solicitors which are often working together, hiding behind computer screens and taking advantage of the ‘less knowledgeable’ or ‘less internet savvy’ folks who are looking for a decent software. What kind of a ‘slime bag’ , jerk would mislead people like that?

Make sure to share your feedback on the Million Dollar Dream offer below this warning!
If you are interested to learn more about EU regulated binary options brokers and honest signals services visit our Watchdog Approved Brokers Page or th WatchDog Recommended Signals Page.

OptiExpert Review

The main purpose of the BinaryoptionsWatchDog.com website is to post warnings against new ‘money making scams’ that are associated with binary options and providing free assistance too all traders seeking to retrieve their funds from fraudulent brokers and services via our WatchDog Complaint Center. It’s rarely that we come across a software with proven and well documented results provided by credible sources and this following review is a positive, yet a rare one on the BinaryoptionsWatchdog.com site due to the overwhelming number of scam services in the industry.

OptiExpert.com is an Auto Trading service for binary options and it’s getting a lot of positive attention lately due to its documented success and high ratings that the original French version of the software received before they went internationally with this new website. The Opti Expert was first launched under a different name and targeted mainly for French-speaking/reading clients only as the original website and software are in French. After seeing a lot of success and client retention in the French market, and growing into a full-scale company, the next obvious move was to gain international exposure by creating an English version for the software!


OptiExpert.com VS Auto Trading SCAMS!

1) OptiExpert.com is not advertised on the same online marketers network that all the other scams are working with which many of you might be familiar with such as Binary Matrix Pro, German Robot, Insured Profits, Daily Binary Profits. These services are often partnered with unregulated brokers and aggressively promote their products via email campaigns and a large network of affiliateswho can care less if they are promoting junk to the public as long as they earn a commission. After reviewing many auto traders belonging to the same network, it’s now more obvious than ever that none of these services can generate a profitable ITM rate. The warnings on some of the popular fake Auto Traders we posted, received endless of negative comments by traders who fell for this network of scammers which reaffirmed our conclusion and helped us deter potential victims from signing up with these, well-marketed but FAKE offers!

OptiExpert.com is not associated with the popular Binary Matrix Pro affiliate network of scams. Logically when a service is a great success, a large network of affiliates is not really needed, since the product/service has real value which enables it to stay profitable by retaining traders and getting a lot of ‘word to mouth’ business, which goes to show you that OptiExpert.com is different in all levels in comparison to the Auto Traders that disappointed so many of us.

2) In reference to regulations again, while most of the scam Auto Traders can care less which broker they refer their clients too, regulated or not, scam or not, the OptiExpert is working exclusively with EU regulated brokers and right now they are closely partnered with Interactiveoption.com which is a BinaryoptionsWatchDog.com approved broker! Remember that %90 of the binary options brokers are not regulated and even if an Auto Trader or any type of service might seem appealing to you, you must verify that the broker they connect you with is reliable and regulated!

3) On first look, you can tell that the OptiExpert.com was not created in the same format as most of the ‘pitch page scam services’ and in fact, the video introduction is very informative and you won’t be seeing any pictures of Ferraris or Yachts and you will not see any false advertising claims of %100 success rate %0 fail rate as advertised on the site in order to mislead traders such as on the Legal Insider Bot scam page which is a complete joke yet many traders fell for it. The OptiExpert.com is simple and to the point, no pushy tactics such as not letting you out of the page, or showing you a fake count down before the offer expires! Urging you to sign up before they run out of spots!! The offer is presented ethically and none of the common red flags can be seen on their offer page, it’s professional and to the point!


OptiExpert Trading Parameters and Features

  • No need to access your trading account, the broker account is completely synced with the Auto Trader.
  • Full Auto Pilot / Manual Trading Option, allowing you to take part in deciding which signals to trade.
  • Setting Trade Amount, no limitation and in accordance to the broker’s min/max trade amount.
  • Users can navigate to select > Auto Trading > choose the number of daily trades you’re willing to accept.
  • Users can limit the trade amount based on percentage of capital, for example %8 of the capital per trade.
  • Deactivate and reactivate the software at anytime.

To conclude, we are very happy to finally be in the position to confidently review a reliable binary options Auto Trader. Finding a reliable signals or software provider with a consistent, profitable ITM is challenging and similar to “finding a needle in a haystack.”

Try the OptiExperts.com for 60 days FREE!

and if you like the software, you can purchase it for a One Time €65/License Fee, no monthly fees or additional charges. The OptiExpert is a true opportunity for those of you who are seeking a reliable auto trader and cannot trade with an Email/SMS signals service due to time constraints or lack of professional day trading and technical analysis experience.

Please share your feedback, comments and questions relating to the OptiExpert.com and make sure to check out other WatchDog signals services by visiting the WatchDog approved Binary Options Signals Page on the BinaryoptionsWatchDog.com

Legal Insider Bot Warning!

BinaryoptionsWatchDog.com is receiving many inquiries via our WatchDog Complaint Center regarding a new auto trading robot, the Legal Insider Bot. Besides one comment on our WatchDog Scams Page posted by a trader who claims the Legal Insider Bot is a scam, we’ve yet to receive any elaborate feedback from enough software users. It didn’t take long before we decided to evaluate the website Legalinsiderbot.com, the journey started with an amusing video by a guy named “Greg Marks”, who claims that unlike other scams, the newly designed Trading Robot is more accurate than all the rest of binary options signals, software and everything that’s being currently offered in the market with a %100 In The Money Rate?!

The concerning facts which led us to assume that the Legal Insider Bot is a scam were astounding and with countless red flags it’s evident that this robot is not worth the time and money. The issue is not necessarily with the brokers they are promoting in the process of selling garbage to online traders, the main issue is with the fake claims and deceptive Insider Bot offer and below are some of the red flags we found after a brief evaluation.


Legal Insider Bot RED FLAGS!!!

1) They claim to be accredited by the Better Business Bureau yet they don’t point you to a BBB listing and a search for companies associated with the LegalInsiderBot.com on the BBB website, yielded no results.

2) Quote “The Insider Bot which is insured for up to $500,000 against any losses! Provided Free of charge for everyone!” It turns out that no such insurance exists and anyway, what on earth do they mean by “Insured Trades”?? no such concept even exists.

3) The claim to produce a %100 winning ITM rate! The problem is that statistically it’s impossible and was never accomplished by any investor, software, signals service at any point in history. It’s purely impossible! The questions we have for Greg Marks is “Why lie?”. The point is that even if the software/service performance yields a %70+ ITM rate, traders can still generate massive profits and going as far as claiming to generate a %100 ITM rate is very misleading.


The LegalInsiderBot.com is literally giving us no other choice but to assume the deal is either fake or extremely misleading and in both cases, a remarkably entertaining, time-wasting activity suitable for binary options traders, must be 18+ to join.

BinaryoptionsWatchDog.com Conclusion

Binary options trading is not a piece of cake so don’t expect to generate %100 ITM rate, it’s possible to reach a very high ITM rate with the right software, strategy or trading network but you’re definitely not going to achieve this goal by signing up with a fake robot.

BinaryoptionsWatchDog.com is here to post honest, real reviews and if there’s any reason for you to believe that this assessment is not accurate we will be glad to hear you out in the comment section below this video. If you already signed up with the Legal Insider Bot and have any type of feedback to share, feel free to post your comments below and help other traders assess the true value and potential of the Legal Insider Bot.

Visit the BinaryoptionsWatchDog.com Recommended Signals and Software for Binary Options!

If you are interested to register independently with a reputable, WatchDog approved broker, checkout the BinaryoptionsWatchDog.com Trusted Brokers for Binary Options.

Hercules Profit Pro SCAM

Now that Insured Profits Fraud is out of the picture, there is a new ‘get rich scheme’ promoted via friend invites and ironically from a marketing observation it’s clear that there’s an obvious desire to portray an image of exclusivity and importance since the “friends only” approach contradicts the Hercules Profit Pro massive email campaigning and promotions in the last weeks. Let’s cut straight to the point, the Hercules Profit Pro is a scam and a second generation of the ‘get rich scheme’, known as the 60K In 60 Seconds, which was previously launched a few months ago and advertised heavily, implementing similar ‘false advertising’ tactics.

The original software,the 60K In 60 Seconds is beyond any reasonable doubt, a proven scam as documented on many FX and Binary Options forums. To further crash their false image, in addition to all the documented testimonials and forum discussions, they also received over 40 complaints which were filed via the WD Complaints Center on the BinaryoptionsWatchDog.com

Due to a recent tip by one of our subscribers, we found that Hercules Profit Pro is solicited mainly using the 60K In 60 Seconds subscribers mailing list, which means that there’s an estimated 10,000+ of emails being sent out and possibly more, by affiliates of the Hercules Profit Pro, actively promoting this offer in multiple advertising channels including fake YouTube testimonials.

If you compare the design and website structure, you will find many resembling factors. BinaryoptionsWatchDog.com finds many good reasons to believe that the Hercules Profit Pro is another fake software launched by the creators of the 60kin60seconds.com website and if anyone thinks differently we would love to explore different opinions in an unbiased debate below the post.



Please Share Your Feedback below on your experience with Hercules Profit Pro!

Here is a ridiculous herculesprofitpro.com quote by “Charles Brocklehurst“,the alleged creator of the Hercules Profit software, check it out:

“you’ve been probably invited via email by a good friend of mine. My friend is worried about your financial situation and has asked me to help you make money”

How sleazy can it get? Which friend is he referring to? The unknown solicitor constantly bombarding my inbox with offers to join herculesprofitpro.com and other similar junk. Perhaps this is the “friend”.. Charles is referring to?! Go figure!

…and for god sake, who is Charles Brocklehurst?! (the alleged creator of Hercules Profit Pro)

Charles Brocklehurst

This dude by the name of Charles Brocklehurst in the picture died on 27 June 2013. RIP whoever you are..

The only three Charles Brocklehurst I managed to find via Google search: The dead guy, an Urban Designer and an MD at the Royal College of Physicians. None of the above matched the “Charles Brocklehurst” we were hoping to find.

The conclusion is that Hercules Profit Pro is a SCAM!

In previous months the BinaryoptionsWatchdog.com reviewed many different scams and helped traders save literally tens of thousands of dollars by helping with disputes, posting warnings and advising traders on how to recover lost funds after contracting with scams. At times our website is discouraging but a reality check is better than a missing check. BinaryoptionsWatchdog.com is dedicated to expose scammers and help our fellow day traders! If you are a victim of any type of online trading fraud, you can contact us directly at the WD Complaints Center

Visit the BinaryoptionsWatchdog.com Recommended Brokers and Recommended Signals an Software for binary options!

Please share your experience or feedback on Hercules PRofit Pro, to remind you the domain is herculesprofitpro.com. Your comments can help save other traders from falling victim! Do the right thing and share your experience with us!


Insured Profits SCAM goes viral!

How come all the worst ‘virtual junk’ gets viral on the internet? Insured Profits is the most recent joke orchestrated by the same folks who are behind Binary Matrix Pro and BinaryVerify.om which they created in order to provide a 3rd party fake verification site to legitimize their franchised scams. In the last weeks, the BinaryoptionsWatchDog.com received endless complaints concerning InsuredProfits.com via our Watchog complaint Center , on a side note, WatchDog helps 100′s traders win back thousands of dollars via credit card disputes against fraud brokers and signals providers and we offer this assistance absolutely free to all WatchDog blog subscribers! We are here to help and provide our subscribers with unbiased binary options reviews and warnings so if you are new to this website, don’t forget to subscribe!

Insured Profits is not getting the best publicity on different forums and based on YouTube testimonials. Just like any scam website, you will find endless promotional reviews and fake testimonials but if you’re careful enough and look deeper when performing a Google search, chances are you will get closer to the truth. In the Binary Options and FX industry you can make a lot of money but you can easily fall victim to fraudulent offers. Don’t fall victim to the get rich schemes, if you are interested in a reliable signals service or a trading room, search for honest reviews and once you narrow it down to a few services, keep your eyes open for any signs of deception in the way the product or service is presented. Ask yourself: Is the service constantly bombarding me with email promotions? Is the service promising unrealistic results? Is the service promising millions of dollars?


Knowing that the internet is full of amazing opportunities to make money and with the ‘internet gold rush’ phenomenon, many rational people fall into a “wishful thinking” mindset and ignore all the warning signs in the process. www.insuredprofits.com looks and feels professional which is why many people decide to give it a try. However, actions speak louder than words.. and no matter how professional and convincing the actor appears to be in the video, for all you know he can be a great sales person promoting junk.. which is exactly what you’re witnessing in this case. Ironically there are similar websites that are actually performing well and resemble Insured Profits but in this case, there’s no real value behind this beautifully marketed website.

BinaryoptionsWatchDog.com is here to serve the online trading community and our existence and relevance is determined by you, the visitors and subscribers. If you have an experience or an opinion relating to Insured Profits, please share with us by commenting below this post. Any feedback is valuable and since this is one of the most viral binary options offers right now, this feedback is important in order to inform and deter other traders from falling victims to the Insured Profit Scam.

WatchDog Advice – Register with a fully EU regulated & licensed broker! Don’t take the risk when it comes to your money! Instead of signing up with a non-regulated broker for the purpose of receiving a free application, you can register a trading account independently with a reliable broker and spend some time practicing strategies and improving your trading skills. If you are seeking additional guidance and signals services with prove results, checkout the WatchDog Recommended Signals Providers and ride the trends with true professionals!

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