To clear the doubts of traders that, is Medallion App a Scam ? We have investigated it in full for this review and have found strong proof that much of what appears on the website is not genuine. We have discovered enough evidence to show that the MedallionApp.co is a scam.In this review of Medallion App system we shall set out the facts and expose all the deliberate deception and faked credentials that are being used to promote this scam. We do not want anyone to lose money by thinking it safe to deposit their money into a trading account linked to the Medallion App Software.
What is the Medallion App Method ?
It is implied in the Medallion App video that the system has been developed over nine years of testing and is now being offered to the public by the mathematician and fund manager James Simons of Renaissance Technologies. It is available for free, but only to a limited number of people, and only if you use one of the binary trading brokers listed on the Medallion App website.The software has been set up to provide profitable trading signals, which are easily accessible through any web browser or a mobile device. You do not need to have any knowledge of the financial markets or any trading experience, because one click is all that is required to for fully automated binary options trading.
How Does the Medallion App System Work?
After entering your name and email address to reserve your spot, you are required to sign up for a trading account with one of the binary options trading brokers named in the Medallion App User Guide. This guide also shows you how to deposit your trading funds.
There is a minimum deposit requirement, so you will have to fund your account with at least $250 and then link your trading account to the Medallion App software. All you need to do is set the app to trade automatically on trading signals generated by the system.
Why Is Medallion App a Scam ? See Real Evidences !
The website for the Medallion App System is very sophisticated and the video does include some factual financial information. However, in researching for this review we found evidence of false credentials, deliberate deceptions and faked screenshots relating to the release of this automated trading software.Using the name of a genuine financial leader and some factual statistics about his achievements is very misleading. We could find no proof anywhere that James Simons actually has a connection to this free Medallion App trading software.
James (or Jim) Simons (born 1938) and the Renaissance Technologies company do exist, but he does not personally appear in the introductory MedallionApp.co video. There are only some still images of him, which are taken from Wikipedia, and some quotes that he may have made and that have been made about him.If this was not a scam, he would surely have been widely interviewed about his automated trading system. The two screenshots on the Medallion App webpage are clearly faked. We have checked for the purposes of this review and can reveal that the articles about the Medallion App automated trading software that appear in the screenshot have never appeared on the BBC news site or the Fortune website.
We also checked up on Lucia Warner, who is named as the author of the Fortune article. There is no such journalist writing for Fortune. There is also an obvious error visible in her text, which proves this screenshot to be a fake. A genuine Fortune article would not appear online with the word “found†being used, instead of “fundâ€.The official badges that appear on the Medallion App website, for financial monitors such as the FPSC, are not clickable and these have clearly been used to promote a scam. Some of these organizations might have endorsed James Simons’ Renaissance Technologies, but they definitely do not authorize the Medallion App.
Hired Actors for Fake Medallion App Positive Reviews Exposed !
The traders who appear in the video promoting the Medallion App scam are hired actors, and so is the bearded man who presents all the financial details and talks about this being a limited offer.The ticking down clocks and the talk of the free software being available to only a limited number of people are scam tactics to urge you to sign up and fund your account quickly. There is no indication of how many spots are available or how long the offer will last.Testimonials on the MedallionApp.com website quote people like Jill Patterson of Calgary and Ben Hoffman of Norfolk. These are not genuine people. In researching for this review we could find no traders with those names discussing their success in financial forums, on trading blogs or through social media sites. This is because they do not actually exist.
There are no actual results to back up the claim about Medallion App signals producing 81% profits every time. This figure is not verifiable and it is not clear whether this means that trading signals have an 81% success rate or if it is really saying that there is 81% profit to be gained on every trade. If it does refer to the amount of profit, this figure would of course only apply to winning trades.The statement that trading with this Medallion App system is risk-free is another misleading promise, because there is no guarantee that you will not lose your deposit.
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Conclusion
From this Medallion App review it should be obvious that a scam has been set up to impress with a flashy video and references to official organizations, such as Forbes and Bloomberg.With countdown clocks, and the implication that it is a limited offer, the people behind this scam clearly want to pressurize you into signing up quickly, without giving you any time to check out whether the whole thing is genuine or a scam.Our conclusion to this review has to be a strong warning to stay away from the Medallion App Method . It may appear, at first look, to be a free software offer from a top fund manager, but our close investigation has exposed it as a scam.
