7 Figure Traveler, found online at 7FigureTraveler.com, is a new website promising users that they will be given a completely free system for making money that has been proven to earn people hundreds of dollars a day.
The video presentation available on their home page is filled with people who claim that they have personally used this system, and in doing so were able to quickly earn hundreds of dollars, without ever having to purchase anything.
What is 7 Figure Traveler?
Based on the disclaimer located on the bottom of their sales page, 7 Figure Traveler is a type of investment software that will help users “automatically make money” working with binary options trading.
Binary options is a fairly new and popular method of investment. It helps people invest their money by choosing whether a specific stock will rise in value (call) or fall in value (put) during a pre-determined amount of time, anywhere from 60 seconds to 6 months.
According to 7 Figure Traveler, the type of binary options trading they want to promote to users generally include those in the foreign currency exchange, though there are other types of stocks and commodities that can be traded on the binary options market.
Is This a Real Investment Opportunity?
Binary options is both a legal and real investment opportunity that has been growing in popularity recently due to its simplicity. One of the best features of this type of trading platform is that users know exactly how much money they will make or will lose at the time they make their investment.
However, there are a couple issues with the promises made by this company that deserve to be looked at. First, the video presentation works very hard to emphasize that this software is completely free.
And while the software itself is free and you will not be expected to pay any fees before using it, you do have to provide a $250 deposit into the account of the trading website that they choose – you cannot simply use this software at any trading website of your choice. This restriction makes it difficult to say that this software is truly free.
In addition, though the video presentation attempts to act as though this software is guaranteed to work, there is never any guarantee when it comes to monetary investments, and people should never invest more money than they can afford to lose comfortably.