Cash Camp Review: Can You Make A Wad of Cash from a Binary Options Robot?

Cash Camp

Cash Camp
0

Pros

  • Takes the guesswork out of trading
  • Free to use
  • Fully automated, making it perfect for newbies

Cons

  • Makes claims that are not even realistic
  • Must make a minimum $200 deposit into a broker you are assigned to
  • Too many fake reviews posted online
  • Cash Camp is listed on affiliate networks with a high payout to affiliates
  • Most brokers you are assigned to are not regulated by the CTFC.

After getting into the forex market myself, there are times when I am “recruited” to try out binary options from time to time. In this case on Facebook I was recommended to try Cash Camp. At first I had no clue what it was and of course I was skeptical at first. However, after looking into the program I immediately began to rise a few red flags.

So, what did I find out?

Let’s just jump right into my honest Cash Camp review to find out.

 

Name: Cash Camp

Website URL: www.cash-camp.net

Owner: Michael Solovsky

Advertised Price: Free with $200 minimum deposit

Overall Rating: 0 Out of 100 Points

Verdict: NOT RECOMMENDED!

<===============Tired of Online Scams? Click Here For A Scam Free Opportunity!===============>

Product Overview

Cash Camp is an online binary options software that is designed to take complete control over a binary options trader’s trades by finding profitable trades and making those trades for the investor. If it sounds familiar it is because it is. There are many different types of these bots out there that are all designed to “automatically place profitable trades” for you so even if you have no experience with trading, you can still make money off of it.

Cash Camp Reviews

According to the site, investors can easily earn up to $1, 192 every single day just by using the software, which is a pretty bold claim.

Pros. Vs. Cons

Pros:

  • Takes the guesswork out of trading
  • Free to use
  • Fully automated, making it perfect for newbies

Cons:

  • Makes claims that are not even realistic
  • Must make a minimum $200 deposit into a broker you are assigned to
  • Too many fake reviews posted online
  • Cash Camp is listed on affiliate networks with a high payout to affiliates
  • Most brokers you are assigned to are not regulated by the CTFC.
  • Very risky!
  • Most trading bots are scams

 

Who Is It For?

This program is designed with newbie traders in mind. Because of the automated settings available, it is targeted to those who want to make money online without putting any work possible.

What I Don’t Like About Cash Camp

There are many things that I absolutely loath about Cash Camp. Some of the things I don’t like about it are:

1. Way Too Many Fake Reviews Listed Online

Initially when you do a search for “Cash Camp Reviews” on Google, you will most likely find sites like these.

The problem with these sites is that nearly all of them are promoting Cash Camp or they are promoting another trading bot known as Virtnext. All of these sites are affiliate websites that are trying to cash in on the high payout to those they recommend to these trading products. Another problem is that most of these sites are trusted resources within the industry so many users and subscribers hang on to every word they say.

Cash Camp Review

The main issue comes from trying to figure out whether these sites are being sincere in their reviews or whether they are just looking to cash in on that trading money. You need to keep in mind that sites like these often earn some kind of compensation in the form of commissions for every person that deposits into the software…a pretty heft compensation in fact.

2. According To Cash Camp User Reviews, Support is Horrendous

After scouring a few Facebook pages and look for comments on the affiliate sites I mentioned above, I started to notice a pretty scary trend when it came to actual people who used the software. What I found was that many people were completely unsatisfied with the program and some were even downright pissed off. There are many people who are claiming to have lost all of their money on this program because they trades it was automatically taking were not as profitable as the company claims it to be as well as assigned brokers outright refusing to withdrawal requests or refund requests. Just take a look for yourself what some people are saying about this software below.

Cash Camp Review

Cash Camp Review

Cash Camp Reviews

3. Most of the Brokers That You Are Assigned To Are Not Regulated By The CTFC

As I mentioned earlier I am a successful forex trader and learned the ropes from Nick who runs Pips University. Even as a newbie Nick drilled it into my head that it is always important to go with a broker that is regulated in your country. He stressed multiple times to avoid brokers that were not regulated in order to protect myself. I was warned of these unregulated brokers by listening to horror stories of people depositing money only to lose it all along with whatever money they had earned because these brokers refuse withdrawal requests and even people finding money constantly withdrawn from their accounts without their permission.

With that being said, most of the brokers you are assigned to with Cash Camp are NOT regulated, meaning that they could do the same thing. However, after further research what I found that this was the case for those living in the US only as those overseas seemed to be safe from this issue.

Either way, this is something that newbie US traders need to be wary of with all automated trading bots as all of them tend to use the same brokers as each other.

My Final Opinion

Honestly after looking thoroughly at Cash Camp, it just seems like another automated trading bot scam to me. Everything about the software raises red flags from the unregulated brokers, reviews left by actual users to even the unrealistic claims it makes, it just seems a bit scammy to me.

The bottom line with sites and programs like these are that they will not make you as much as they claim they will. In fact most of the time they will only end up causing you to lose money instead. The best thing that you can do is learn Binary options and forex trading from the ground up, educate yourself to read charts and educate yourself to take trades successfully.

That is the only way you can be profitable with trading in my opinion. While yes, it does require work on your part to accomplish this, it is completely possible to make $2000 or more per trade that you make. It just takes a bit of determination on your part to learn the ropes.

Final Verdict:

thumbs down

NOT RECOMMENDED!

<===============Tired of Online Scams? Click Here For A Scam Free Opportunity!===============>

Have you tried Cash Camp? If so, what did you think of it? Tell me about it in the comments section below!

Nessa

My name is Nessa and I'm the owner of Make Real Money Online Free. I started my online business in 2013 before the birth of my son and now it is my mission to help newbies start their own businesses and succeed online as I have. Sign up for my #1 recommended training course today and learn how to start your own business doing what you love for FREE.

Leave a Reply

Your email address will not be published. Required fields are marked *

*