Is the Cobalt Code a scam? Yes it definitely is. The software is nothing but a mere sham created by malicious pretenders who look to extort monies from innocent investors’ pockets. The Cobalt Code review below will not only expose the hidden truths behind the software but also shed some light on why you shouldn’t dare to think about investing your hard earned money on this bogus system.
What is Cobalt Code Software?
To fully grasp what the cobalt code software is all about, we must first understand the concept of binary options trading. Binary options trading involves using traders to invest one’s cash and expect returns. Software have been invented to make binary options trading easy for most people. Some of the software are fully automated while some are manual. The software require you to register, deposit an initial amount which normally is about $250 which will be invested and profits returned to you. It is a good investment opportunity for many and that is why scammers have tried to take advantage and used illegal means to trick people into invest in their softwares like Cobalt Code system so that they could benefit themselves.
The Cobalt Code program is a binary options software that was recently introduced to the market. Its CEO goes by the name Grant Stone, who we get to meet on the promo video that one gets immediately we visit the site’s official webpage. It is a 53 minute long video in which Grant tries to get people to sign up for his software. What makes this software quite unique is that, as Grant claims, it doesn’t use the binary options platform to trade but rather it trades cobalt, nickel among many other metal elements. He says he is a self-made billionaire and has been able to acquire up to $600,000,000 in just two and a half years just by using his software. The software is half automated and half manual and one should obviously expect to spend a little more time on your pc. He is currently having people sign up for the application for free and says that there are only 109 spots left.
Why Cobalt Code is a Scam?
The amounts mentioned by the Cobalt Code CEO that investors could possibly earn in case they choose to use the software are first of all outrageous. He promises to make millionaires out of investors in a very short period. The amounts don’t add up. They seem impossible and that is just what they are. The best binary options trading software out here could only be able to make not more than $1000 daily when performing at its best. Below are other proofs that this Cobalt Code software is not legit.
A common way to know if a software is legit is by checking the date in which it was registered and comparing it to how long the promoter says it has been around. A simple search on who.is reveals that the Cobalt Code website was registered not so long ago, this year, yet Grant Stone claims that he has used it for more than two years to make himself rich. This is a total lie. He just wants to convince gullible people that the Cobalt Code software has been around and working for long enough so that we could trust it. The contrary is however what is true.
Fake counters are usually a characteristic of software that do not work and the Cobalt Code website has them. A counter has been put that runs down giving one a limited amount of time to sign up for the software. What caught our attention is the fact that one could still sign up for the Cobalt Code program without any consequences even when the counter has run down. This means that the code to run the clock failed which is a huge setback for them as no one can trust the whole code that runs the system. It could also mean that the developers put up a bunch of code that wasn’t working just to make people sign up for the program without giving it a second thought.
Fake Cobalt Code Testimonial
For those who were keen enough when Stone was making his presentation, one would surely notice that he was trying to be a vague as possible when giving details about himself although he made it seem like he gave a lot of information. Stone stated that he worked for a mining company and did not dare mention which company it was. This is a clear sign of Cobalt Code scam. He knows that people would dig in to any company he mentions and try to find out if he was actually associated with them. This only shows that Grant has something to hide. Maybe he is just an actor who has been paid to present the promo video.
The Cobalt Code software allegedly doesn’t use binary options code but instead trades cobalt, nickel and many other elements to make its investors profits. This is according to the CEO, Grant Stone. A little research and digging about this software will reveal to you that this software uses binary code which is exactly the opposite of what Grant states. The hype about software using different approaches to make money is used by most scammers so that potential investors could perceive it as unique and more superior. The paid actor is just trying to woe people into signing up for his spurious Cobalt Code software.
These above are just but a few evidences that show that this program is not to be trusted. There are many other little signals that one may notice as they watch the promo video and as they sign up for the software. However, the ones presented above should be enough to convince anyone that this Cobalt Code software is nothing but a pure scam.
Top Recommended Binary Auto Trader of 2016!!
It is beyond any reasonable doubt that the Cobalt Code program is a pure sham. The evidences presented above not only show that the application doesn’t work in reality but also that the promises made by the CEO about the huge profits that one is expected to make are false. Everyone is therefore advised to keep away from this application. This however shouldn’t deter you from using binary options software to rake in profits. There are numerous other programs that have proved to work reliably and with high winning ratio. One should therefore be careful to look out for scam signals in software before signing up for them. Hope this Cobalt Code review was helpful for you.
Instead of these scams look for profitable trading robots that can earn you money. We have some of them here. Head over to our Recommended Signals page. Also check our Binary Options Scams list where we have listed all signals and brokers scams.