Last Updated on May 24, 2022 by Alex
Brexit Millionaire Review and Scam Investigation.
Today, we will be examining a recently-launched trading platform and try to ascertain if it is a scam or legitimate robotic trading software. Brexit Millionaire is marketed as an automated trading app which helps Britains generate £2,200 on a daily basis. In reality, the Brexit Millionaire scam is just another get-rich-quick scheme which is currently being very heavily promoted by an affiliate network specializing in search engine optimization and fake news dissemination. It seems scammers are adjusting to the new regulatory landscape which has recently gone through an earth-quake after the FCA in the UK rightfully placed a blanket ban on all CFD’s which are traded in conjunction with cryptocurrency pairs. But this regulatory revision does not mean con artists will to stop promoting their dirty schemes any time soon! It just means they are resorting to the “old-school” hard sell tactics with offers that promise risk-free or “guaranteed” earnings. In many ways the CFD-crypto industry has now rolled back to the older Binary Options scams such Tesler App or Quantum Code which are now being reinstated and promoted in the affiliate network offers pages. That means potential victims will start hearing less about Crypto and more about an easy way to make money online.
Brexit Millionaire Complaints: Initially we got wind of the Brexit Millionaire scam after receiving multiple complaints from some of our members. Most grievances had to do with inability to withdraw funds, but we also received messages about certain celebrities which are endorsing this software. Of course, these are all lies designed to bait unsuspecting victims looking to earn a few quid online.
Brexit Millionaire Brokers: When we registered from our Finsbury Park address in London, the broker which was allocated to us was named “Bit Trades”, which is licensed in Seychelles. In other words, it is not licensed to manage financial portfolios on behalf of clients. This made perfect sense to us, because when we decided to conduct our £250 deposit test the type of bravado and rudeness which was displayed by the broker was absolutely horrific. So if you plan on investing some of your hard-earned money and taking the Brexit Millionaire scam for a test-drive, we urge you to reconsider and weigh your options carefully. Today we know that the crooks who are orchestrating this elaborate hoax are ex-binary options affiliate network who will spare no effort at defrauding unsuspecting victims. Consequently, we blacklisted this fraudulent trading platform in our Brexit Millionaire review and are advising our viewers to refrain from joining this thieving service.
Official Website, Login Address, and Members Area: brexit-millionaire(dot)co(dot)uk
Proof of SCAM
Alright, so here we have the Brexit Millionaire main registration area. As you can see, these scammers are clearly saying you can earn up to £2,200 every day! But this has not been back up by numerical analysis or anything even closely resembling a performance test.
And here we have the Brexit Millionaire “Live Updates” section. It’s very plain to see that the customer profiles are all fake and taken from random websites. The same can be said for the testimonials (they are all forged).
Brexit Millionaire “Built To Succeed”
Over here we can see that the scammers are saying that trading with Brexit Millionaire is “risk free”, and that the accuracy level is 97%. That is complete rubbish even the most inexperienced trader knows that there is no such thing as risk-free trading. Additionally, 97% accuracy level means that anyone using Brexit Millionaire becomes automatically rich, and that is not something which is realistic.
Brexit Millionaire Fake News
Here we can see a fake news article which is being very aggressively promoted by media agencies specializing in financial products. Suffice it to say, there is no media outlet named “Major”, but one has to admit the logo looks strikingly similar to the UK Mirror.
What Is Brexit Millionaire And How Does It Work?
Brexit Millionaire is advertised as a robotic trading app which trades stocks, options, Forex, and CFD’s without any need for human intervention. Some review websites would have you believe that the coding languages use artificial intelligence (AI) and machine learning to achieve a more streamlined or efficient trade execution process, but that is a lie. So is the spiel about the pandemic and Brexit taking money out of people’s pockets, and how the app helps you get that money back.
Brexit Millionaire Review, Complete Rubbish And Losing App!
Brexit Millionaire is the case exemplar for what can simply be referred to as a get-rich-quick scheme. There is not other way to say it, and the fact that so many other websites are endorsing it does not mean in any way that Brexit Millionaire is a genuine or legitimate trading platform. The producers of the Brexit Millionaire scam are using scare tactics and trying to take advantage of the negative sentiment which has sent the financial markets into a tail spin. We are familiar with these types of marketing tactics and don’t appreciate the fact that these vultures are preying on victims who are obviously clueless about trading or the financial markets.
This is a very well-known method of operation which is also very effective at baiting potential investors, and it uses a variety of persuasion methods that are designed to trigger an emotional response which is based on a combination of fear and greed. This is reinforced with statements like “banks are profiting from Brexit and now it’s your turn”. The whole sales video is full of this type of trash, but this is the nature of the beast so we just have to deal with it.
Why Are British Nationals Targeted?
First and foremost the United Kingdom is the largest and most important English-speaking European market when online trading is concerned. Specifically in the case of CFD’s, the FCA has recently placed a blanket ban on all CFD’s (contracts for difference) which is performed in conjunction with cryptocurrencies. That means scammers are trying to bypass this regulation by offering UK citizens a “glitzy” alternative by peddling non-crypto related services such as Brexit Millionaire.
Brexit Millionaire Review: Ratings
Safety: Chances are your website will not be subject to a spoof or hack attempt, but you will get profusely spammed and contacted via phone and email offers.
Support: It’s non-existent so don’t even try to reach out and message these con artists. The email simply bounces and there is no response or any other way to reach the Brexit Millionaire customer service desk (we tried).
Reputation: So far it’s mixed, but eventually it will get excessively smeared regardless of which site is endorsing it. This is inevitable and to be expected because people complain when they lose money and the truth always gets out eventually.
Payment Options: The offshore brokers which are integrated with the Brexit Millionaire scam will offer you a variety of ways to fund your trading account. But try to make a withdrawal and see what happens.
User Experience: In one word – a disaster! There is no trading panel, signals, indicators, or canned strategies. Brexit Millionaire is just a fancy sales page with a lot of hype around it.
Profitability: The affiliate markets and brokers make a profit, and that is based on the amount of money you lose. This is called a profit or revenue share scheme and it is very prominently used in the Forex and gambling industry.
Ease of Use: There is no software so there is nothing to use.
Overall Score: Zero, and if there was a way to give less we would gladly do it.
Tested Systems That Actually Perform!
Our staff of diligent researchers has done all the work so you don’t have to! We make sure to constantly test and monitor the results of our recommended systems, to make sure the performance is consistent. So if you are in the market for a reputable trading app, make sure to check our our recommended section.
Brexit Millionaire Review, Summary, And Conclusions
The Brexit Millionaire scam app and fake automated trading platform is a blacklisted software and confirmed get-rich-quick scheme. Our investigation explains in detail why we believe it to be such a deceptive and misleading service, and we have also produced all the required evidence which validates our assertions. We have actually invested £250 of our own money when conducting this examination, and very quickly realized that we needed to hold on to our wallets before we end up losing our pension money. To sum up, Brexit Millionaire is a scam so don’t touch it, scratch it, or sniff it. Just keep your distance and save your money for something which actually helps you generate residual income. Should you have any questions or require additional assistance, please make sure to reach out and message us through our contact page.