I just came across a brand new (it has recently come out) binary options software, so I was wondering if this one was worth it or just another online scam.
If you’ve heard of it but are not sure whether you should give it a try or stay away from it, read this review because I’m going to provide enough information to help you make an informed decision.
So let’s get it rolling!
Table of Contents
MT Soft review
Name: MT Soft
Founder: “John Harrison”
Created in: 2017
Price: minimum $250
Overall Ranking: 0/100
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What is MT Soft about?
So when I started watching the MT Soft promotional video, I found out that MT stands for Mirror Trader.
This man who is narrating the video says that people who have been using Mirror Trader have been making $300,000 per month.
Then he congratulates you for watching that video because most people won’t get the chance, apparently.
John Harrison, the alleged creator of Mirror Trader, did an experiment with 6 people who came on board as beta testers, and the results were astonishing as they made more than $900,000 in 3 months.
And now he’s offering this awesome software again, but only for a maximum of 50 people. He says that 29 people have already joined so now there are only 21 spots left.
Then I don’t agree on what he claims. He says that you’ve received a special invitation, but this is fake because I only did a Google search to find the MT Soft page, so it’s nothing special because everybody can access to it.
He proclaims MT Soft as the most powerful auto-trading software in the world.
The power of Mirror Trader comes from the super-fast data transfers between his computer server and the various trading markets.
According to him, you only need to follow the next steps to take advantage of his magical software:
- Fill out the form on the MT Soft page.
- You’ll get access to the Mirror Trader software.
- Login and set the software to “Mirror Trade”.
According to “John”, this is another fully automated software that never loses, it simply wins or “counter trades” if the trade is not profitable. Oh, and it works in any market.
After watching the MT Soft sales video, I’m convinced MT Soft is another of the countless scam softwares we can find online. More on this in the next section.
Is MT Soft a scam?
MT Soft is a scam, no doubt about that. In fact, I found out that it’s a new version of an old scam called Mirror Trader. Everything about it it’s fake and made up to part with your hard-earned money.
Without going any further, in this section I’m going to post some undeniable proofs that expose MT Soft as the fraud it is.
Who is John Harrison?
If you’ve watched the MT Soft sales videos, you may have noticed that “John Harrison” doesn’t show his face.
I searched for information about him but the only thing I found out was related to Mirror Trader, the old version of MT Soft.
Note that in the other scam video, “John Harrison” was nothing more than an actor the con artists paid for reciting a script.
Therefore, “John Harrison” is a character invented by the real creators of MT Soft (a.k.a. the scam artists).
Fake testimonials are always present, just like it happens in most scams. I found out those scammers stole pictures from other sites around the net to invent the testimonials.
Below you can see some of these false testimonies:
If you read the 4 comments above, you can notice some similarities. How is it possible that the comments are repeated? This makes it look even more artificial and fake than it actually is.
In the comments on the right side, you can notice that they mention “The Millionaires Method” instead of “MT Soft”. I found out that The Millionaires Method is another online scam software, so I wouldn’t be surprised if the fraudsters behind MT Soft and The Millionaires Method are the same.
Just by noticing that the comments are repeated, you can come to the conclusion that they’re not real. It’s not even necessary to try to find where the images come from to ensure that it’s all fabricated.
Anyway, I did an image search and found out it can be found in various websites:
As you can observe, “Lia S” real name is Jane Zhu, you can check out her Twitter profile here.
Fake claims and manipulative tactics
This is just the typical get-rich-quick scam. These swindlers are targeting newbies or people who know nothing about earning money online.
Easy and fast money plainly does not exist. As I always say, everything in life worth having takes hard work, effort and time, among other factors.
.They use the fake scarcity tactic to make you join their crap. Truth be told, this scam software will still exist tomorrow and if you watch the MT Soft sales video, you will hear the same thing.
Don’t be fooled when they say things like “today is the last day” or “limited number of spots available”.
Another thing to point out, they show you pictures of anything related to the luxurious lifestyle like mansions, cars, exotic vacations… just to get you excited so you stop thinking, this way you won’t wonder what their ulterior motives are.
Pay attention to the disclaimer
I’ve noticed that some scam sites usually have their disclaimers at the bottom of the page, so you’ll read this disclaimer if you scroll down to the bottom of the MT Soft page:
As you can read above, you may lose some or all of your invested capital. In the sales video, “John” claims that MT Soft is 100% risk free, but the disclaimer states the opposite. There’s no income guaranteed.
If the disclaimer is the most important element of the MT Soft site, why don’t they explain it in the video? Clearly, they don’t want you to know the truth and they hope you won’t read the disclaimer, that’s why it’s written in a tiny letter.
How does MT Soft really work?
The MT Soft operates the same way as other scam softwares I’ve exposed like the following:
- Hedge Formula Group
- Profits Unlimited
- 1K Daily Profit
- Cloud Track Trader
- Profit Ball
- Monaco Treasure
This software only generates profits for the people who’ve created it (the scam artists) and their recommended broker (an unregulated broker).
First of all, they’ll ask you to enter your personal information (your name, email, phone number and password) in a form next to the second sales video.
If you enter this information, expect them to call you to ask you to fund your trading account and they’ll also send you spam emails about other scam products.
They’ll tell you to fund your account with at least $250 (the minimum broker’s requirement) in order to start trading, and then is when the scam comes into play.
The second you make that investment, you can already forget about getting your money back. You’ll turn the auto trader on to make the software start trading automatically, but you’ll slowly lose the money you’ve invested.
If you think you can earn some money (not what they guarantee), think again. You won’t make a dime because this software is designed to rob you blind, in a way that you can’t get anything back once the investment is made.
Everyone behind MT Soft will get paid big commissions at your expense. If you want to withdraw your money, they won’t allow you.
They’ll tell you that you need to reach a minimum threshold payout and will entice you to invest more by telling you that you’ll earn more than the money you’ve lost.
These crooks never limit themselves when it comes to the amount of money and information they can get away with.
What do I recommend?
First of all, I recommend that you avoid MT Soft at all costs because it will only change your life for the worse, it will waste your money and time, and will leave you upset and frustrated.
I believe I’ve provided enough information to prove how ugly of a scam MT Soft really is.
I hate the fact that these scams make the Internet marketing industry have a bad reputation. These scams make beginners and misinformed people lose hope when it comes to making an income online.
Scam artists always make empty promises of easy fast and free money, but this is so far from the truth. Making money online is like making money offline, it requires hard work, dedication, passion, persistence… It won’t happen overnight, today or tomorrow.
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Hopefully this review has been of help to you and you never fall for scams like MT Soft. Don’t hesitate to share this review on social media to warn more people about this fraud.
If you have any questions or would like to share your opinion about MT Soft or other online programs or scams, feel free to leave me a comment below and I’ll get back to you ASAP.
All the best! 🙂