The brand new Golden Profit system claims that it can enable you to “discover your own personal gold mine” & join thousands of others who are allegedly making a fortune by investing in the gold market.
You’re led to believe that you don’t need to have experience & that you can simply just sign up, deposit with the recommended broker & then begin making money almost entirely on autopilot.
But is it really legit? Or is Golden Profit a scam?
Well, you’ll be glad that you came to this Golden Profit review before signing up because I can tell you right from the off that the whole thing is NOT what it seems & the way it really works isn’t very impressive at all.
What Is Golden Profit?
The Golden Profit system essentially portrays itself as providing an automated way for people to earn money from the gold markets even if they’re totally brand new & haven’t got the first idea where to start with trading.
The website itself literally claims that you’ll “discover your own personal goldmine” and “join thousands of people” who are making money from the rising prices of gold through the Golden Profit system.
But is it really true? And if it is true then why isn’t everybody doing this? Why are people still stuck working at jobs they dislike if they can just use this “free” Golden Profit system to make thousands on autopilot instead?
Well, the answer is no, it’s not true – and that’s why you likely haven’t heard about anybody who’s already making money through this thing… Because nobody is making money through it, it’s all just a con.
And there are 2 reasons I can say that so confidently…
The first reason is because I’ve actually already exposed literally hundreds of these exact types of scams in the past (like the Click Money System, Bitcoin Trader App etc) & I know exactly how they work…
And the second reason is because the Golden Profit website literally states at the very top of the page “-Advertorial-” & then at the very very bottom of the website in extremely small hard to read font it displays the following disclaimer:
In case you can’t read the small font in that screenshot it says “All characters, information and events depicted on This Website are entirely fictitious. Any similarity to actual events or persons, living or dead, is purely coincidental“… Which in short basically means the whole thing is fake.
So what is actually going on? How does the system really work? And can you make ANY money with it? Keep on reading as that’s exactly what I’m going to explain next…
How Does Golden Profit Work?
So the idea is that the hard work has been taken out for you & you’re led to believe by the people behind the system that you can just sign up, deposit with their “recommended” broker & then enjoy automated profits… But that’s NOT how it works.
You see there’s one very important thing that the people behind the whole thing fail to mention, which is the fact that they’re actually affiliated with the “recommended” brokers which means when you sign up & deposit, they get paid a commission.
And they also fail to mention that the brokers they “recommend” are unlicensed, unregulated rogues who are also in on the scam.
So how does the scam work exactly?
Well basically the whole thing is not real, it’s all just a ploy to trick you into handing over your money. The worst part though is that when you do that the scam doesn’t end there… It only just begins.
You see you might be thinking that after handing over your cash you’ll just be left to find out the hard way that it doesn’t really work – but nope, the creators of the Golden Profit system are much more cunning than that.
To make even MORE money from you they’ve essentially created a fake, stand-alone system that makes it seem like you’re actually generating profits… But it’s not really connected to any real markets, it’s basically just a video game.
The trick here though is to get you to deposit even more money because they know that if you think you’re actually making money that you’ll be more likely to deposit even more in order to make bigger profits which sadly is what most people do.
But basically the whole thing is just bad news & should be avoided. Binary options trading itself is bad news to be honest, even with the “legitimate” brokers like IQ Option the whole thing is still geared towards making you lose money.
Even Forbes themselves published an article highlighting the dangers surrounding binary options trading as shown below:
If you want to make good money online then you must realize that it is not going to happen “automatically” like these get-rich-quick scams make out it will. Those are just tricks trying to part you with your cash.
It’s certainly possible to make good money online but in order to do so, you must be prepared to put in the work. The good news though if you are prepared to do that is that there are legit methods such as affiliate marketing through which you can earn a solid income.
In fact, I myself make most of my own money online through affiliate marketing & if it’s something you’re interested in yourself you can learn more about it (and get started with it) for free over at Wealthy Affiliate.
Or there are also all of these other great ways to make good money too.
But whatever you do, just take my advice & steer clear of binary options trading…
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The Red Flags
Unfortunately, when I published reviews like this review of the Golden Profit system here I still get people trying out the systems regardless despite what I’ve said & then they go on to lose their money even though I warned them not too…
To try to prevent you from doing that though I want to share some things with you that PROVES the Golden Profit system isn’t legit…
Firstly there’s the fact that the whole thing just simply sounds WAY too good to be true & as the saying goes, if something sounds too good to be true then it probably is – which definitely applies with regards to the Golden Profit system.
Then there’s the fact that the website presents NO license or contact information – 2 things which are required by law for investment-related websites to display. You should NEVER invest via an unlicensed investment website as you have no protection if things go wrong.
On top of that, there’s the fact that the disclaimer at the very bottom of the Golden Profit website reads “All characters, information and events depicted on This Website are entirely fictitious”, which basically says the whole thing is fake.
And then finally there’s the fact that the brokers are paying the creators commissions… This alone proves it’s 100% a scam because binary options brokers LOSE money if you win so they would never ever pay commissions to the founder/owner of a “winning system”. It doesn’t make sense.
The real reason they’re paying commissions, of course, is because they’re both in cahoots & the brokers know that if you use the system you’re actually just going to lose money, not make it, so they want you to sign up.
Which brings me onto…
Is Golden Profit a Scam?
Yes, it is – there’s no doubt in my mind about it, the Golden Profit system is definitely a scam. The reason I can say that so confidently is because I’ve seen this type of scam several times before & I know exactly how it works.
The whole thing is just a cunning ploy to trick you into depositing with an unlicensed, unregulated rogue broker that’ll then just go on to try & squeeze you out of as much of your cash as they can. It’s a disgusting & dangerous scam.
And as I also mentioned in this review if you scroll right down to the very bottom of the Golden Profit website & read their very small disclaimer they themselves basically state that the whole thing is fake too.
So it comes without saying that I will be advising you to avoid the Golden Profit system and instead if you really want to make good money online legitimately then I suggest you stick with one of these proven methods.
One of the best methods I personally recommend is something called affiliate marketing & the reason I recommend it so strongly is because that’s exactly what I do myself to make most of my own money online.
It basically involves you connecting people with products/services online & getting paid commissions in return… There’s no cap on the amount you can earn & it’s pretty easy for anybody to get started with, especially with the help of programs like Wealthy Affiliate.
But whatever you do though I just sincerely hope that my review of Golden Profit here has given you a good insight into how it really works & I also hope that it’s helped you to save some of your cash. Also if you still happen to have any more questions or comments then please do feel free to leave them below. 🙂
A Better Alternative
The sad truth is that unfortunately most of the programs promising to help you make money online are scams. I can say that confidently after exposing over 500+ of them here on this blog.
But the good news is that even though most of them are indeed scams, there are actually some very good programs in amongst them - some programs that can truly help you to earn money.
And out of all of the legit programs I've seen, the one I would recommend the most to anybody looking to get started online is Wealthy Affiliate. In my own opinion, that's the best place to start.
At Wealthy Affiliate, you'll be provided with everything you need (including the training & tools) to begin earning real money by promoting products or services for companies like Amazon online.
The best part is that there's literally no limit on the amount you can earn with it & the process is pretty simple which means that it's absolutely perfect for people that don't have much experience.
Some wealthy affiliates even earn as much as 5-figures per month... Or more!
I mean don't get me wrong, that kind of money won't just fall into your lap without doing any work... But the harder you're willing to work at it, the more you stand to earn with it.
So if you're looking to get started but don't know which route you should go down or which program you should join (and don't want to waste money on bogus things that don't actually work), then I'd highly recommend checking out Wealthy Affiliate first. You can learn more about it here.