Beware of the United Trading Network

Anthony Grecko is a scammer.

There is a brand new binary options scam called United Trading Network by Professor Anthony Grecko.

This UnitedTrading project is a social trading platform for binary options that has been created by a group of students under the supervision of Grecko.

These students learned how to trade Forex and then they created this platform for binary options that, according to them, wins more than 80 percent of trades it opens. And it can work on autopilot and trade for you, you just have to switch it on.

But it would be a really bad idea...

United Trading Network is a scam

In this United Trading Network review you will find several proofs that should persuade you that Grecko is not telling the truth. In fact this guy is not a professor, he is a scam artist that in the past used the name of Walter Green.

And this is only the beginning, all other members of his group are actors too, they are not students nor traders that could teach you anything.

And the list of proofs goes on, the Professor is bragging about awards that his student won, but it turns out that all awards they show are totally fake.

And finally we have the trading software of United Trading Network. It is nothing unique created especially for this project, it is an app that is used by other scams like Trader’s Buddy.

So you can be sure that there is no group of professional traders behind it, there is only a losing algorithm that is generating trading signals for the platform to execute on your behalf. And you guessed it, these signal will have such a losing ratio that it will make people lose money.

Summary

United Trading Network of Professor Anthony Grecko is a scam that is designed to make you deposit money with a broker and to lose this money. So stay away from it!

Dangerous scams on binary options

It’s clear why binary options are so popular right now, trading with them is technically very simple. I mean anybody can understand their task when they have to decide whether the price will go down or up.

The problem is that meanwhile trades are technically simple, predicting price movements correctly is far from being simple. You need learning, testing and some experience to trade profitably.

Although there is of course a big group of people who will tell you otherwise. Take Penny Millionaire as an example. They tell you that using the compoundingeffect you will earn one million dollars in a single month starting with a single cent.

How is that? It is very simple, you will be doubling your money every day. As if it was easy to do. It is not. Doubling your money within one year is a very good result in trading. Doubling your money in one month is a miracle. But doubling your money every day? It is impossible. So Penny Millionaire is of course a scam.

Another example: Code Fibo. They say that this trading system uses Fibonacci numbers to make big profits. But it is the same case as with the compounding effect. It is a tool, everybody knows it, but if it would be easy to make money with it, the world would look different.

The truth is that Code Fibo is a scam too. And the worst thing is that you can find positive reviews of both these trading systems. How is that possible? It’s because binary options scams are a lucrative business.

Scammers get paid by brokers for referring new traders, so they make up new BS stories everyday about free money just to convince you to send money to their broker. So beware!