The MedallionaireApp, found online at Medallionaire.co, is a new trading and investment opportunity which promises people the ability to earn more than $35,000 each and every week that you remain a member.
This app works with a binary options investment platform in order to provide people with the use of their proprietary investment software, which they claim is correct in their trades 99% of the time.
But people’s favorite part of the MedallionaireApp is like to be the fact that they let their new users try this software for themselves, completely for free, as long as you sign up with the trading platform of their choice.
How Does MedallionaireApp Work?
For those who don’t know, binary options are a specific kind of investment where customers look at the current value of a stock and then choose whether that stock will move up or down in value during a specific time period. Often this time period is just as short as just one minute.
Though this may seem like a kind of “simple” investment, the truth is that it can be incredibly risky and many people have lost money with this kind of investment. MedallionaireApp says that their software uses existing infrastructure and extremely fast computers to quickly make the right choice about the stock movement.
If you follow the instructions of their App, their website claims that they guarantee their customers will earn “no less than $1,100” each and every day, and at least $8,000 each week that they remain a member.
There are many different issues with MedallionaireApp. First, it isn’t actually free, because in order to use this software you will need to deposit a minimum of $250 to the binary options platform of their choice. Even if you already have an account available at that exact platform, it doesn’t matter – you will need to open a brand new account and fund it with a brand new $250 deposit.
This is because MedallionaireApp is actually paid a commission by the trading platform, and the reality is that the goal of this software is not to make you or anyone else any money. The goal of this software is to bring new customers to that trading platform, and once they’ve accomplished that, their job is actually done.
And even though their website repeatedly discusses the fact that they “guarantee” earnings for their members, the fine print of their webpage is very clear that members are not guaranteed to make any money whatsoever from this App.
The bottom line is that these types of investment bots should be avoided at all costs.