You can pray and hope that the Regal Wealth system turns out to be a genuine trading app. However, the fact will always remain that this is a scam targeted at traders who are prone to succumbing to this kind of fairy tale.
In our previous reviews, we have always warned traders against these robots, asking them to desist from using software that claim to have the ability of making $2,000, $5,000, or $10,000 in daily profits. But since these scammers are persistent, it makes sense to bust this Regal Wealth system and tell the public what it’s up to. Here’s a comprehensive review of the so-called Regal Wealth app which claims to make users $10k guaranteed daily profits.
Regal Wealth Review
Everyone wants to make money trading binary options. But as for using this bogus trading app, it’s going to be very difficult for people to be liberated from their financial situations, especially when they dream of using a software that only gambles their money away.
So if you’re among the few traders who had imagined that becoming rich with the Regal Wealth software was possible, you’re in for a rude shock. You should get off the cloud and face realty.
Let’s start with the fake owner of this product
Like all scams preying on unsuspecting traders on the internet, this one comes bundled with a fake owner as well. It’s ridiculous to see a fully-grown man announcing that they had the power to make you $10k daily profits while you seat and watch.
There is something totally wrong with this statement or promise. Where does this money come from in a market where wins typically don’t surpass $5 profit? Perhaps this is a question you will never ask yourself if you’ll never play binary options. But as for people who have ever attempted to earn a living by selecting Call or Put at specific times, they understand this language very well. They also understand that scams like Regal Wealth scam don’t have a place in the society of traders.
The strange man you’re seeing in the picture claims that he is called Michael King. Again, there is no truth in what he is saying. His identity is very discreet by the way, not to mention that he looks like a familiar figure synonymous with scams in the industry.
This character is simply a crook. We are left to guess who he could possibly be because nothing points to his identity. He doesn’t even have a trail on Google, so it’s very difficult to believe that he is a multimillionaire living the kind of life he is flaunting. We are therefore right to speculate since this guy is only a character poised to scam people of their hard-earned money. You should know where your money is going, and not to some anonymous individual claiming to own the most ”successful” binary option app called the Regal Wealth software.
Michael King only needs 50 members signing up for his offer free of charge
It is laughable to realize that this scammer is using the same old tactic to convince new traders. It is not true that he is only looking for 50 members this year. But it’s true that he is looking for an unlimited number of traders to fleece of their hard-earned money.
This is a fact that you can learn as soon as you visit the site the first time and subsequent times. The offer never expires, and neither do the slots get filled up. Very suspicious indeed.
So if you want to believe the $605 per hour thing, go ahead and do it. But rest assured that this fake trading robot shall feast on your $200 deposit. This is a guarantee as soon as you engage the auto-trading feature.
What about the live trading results on the website?
Again, we have shade spotlight on this kind of thing. Scammers are notorious for using widgets that are supposed to act as live trading results. You can clearly see that the figures there are not real. It is very easy to build this kind of thing on a website. You only need to install a plugin and it will do it for you, no coding.
What we can say is that those figures lack credibility. Claiming that this software wins 100% of the time is also a big lie. Look at how the financial market is volatile when trading during certain hours. Then look at it during less volatile hours. People who trade in these two markets should get different results based on their knowledge and experience. Even if this kind of thing was built in a trading app, we don’t believe that it would be so intelligent to figure out how to trade when the market is volatile and less volatile respectively.
So if they’re saying Regal Wealth signals can generate 100% accurate signals at all times, it clearly raises a red flag among experts. So just keep off if you don’t want to discover that these guys played a game on you.
Thankfully, we don’t have any endorsements here
The Regal Wealth system is a shame in the binary options community, and they know this — which is why they didn’t include media mentions in their promotion.
These people simply hide behind risk warnings as if it is not common sense to know that the market is riskier for the less experienced and profitable for the experienced. No one should ever claim that they have a software that generates $10k in daily profits, while in contrary, warning you that trading is not for everyone. Otherwise, they would be lying.
Also, the claims that the Regal Wealth system will generate over 124 signals a days should not be treated as the gospel truth. Profitable signals are hard to come by. If you chose to Call or Put only for another trader to copy you with a delay of 2 seconds, that trader would lose. And if you lost, that trader would win (because of time difference). It’s like gambling especially when you don’t know what you’re doing.
Hottest and the most Amazing Binary Robot launch of 2016!!
Is Regal Wealth a scam? Thankfully, you now know that this app is a big scam. It is not reliable because of the fact that it works on guesswork. Nothing like algorithm was used in the software. If anything, it resembles other scam software we’ve come across on the internet. So just hold your $250 until you are introduced to a genuine trading app, but not the Regal Wealth system.
With that being said, we have a few legitimate signals which we have ranked according to our test results and user feedback. Visit our Recommended Signals and sign up with the best. Also check our Blacklisted Binary Signals.