100% a BOGUS SCAM!!!
Official Website: www.regal-wealth.co
Regal Wealth is a Binary Options auto trader. Yes, just as most of the ones that are out there, this one is also a bogus scam. We don't want you to get disappointing though. We have received many emails asking us if there is indeed an Auto Trader that does work, and the answer is yes. Read our reviews of Epix Trader and MS Management Software, click here. Those that the best auto traders at the moment and we highly recommend them. It is not that all of the auto traders are scams, we just need to pick the right one. So for that, we will analyze the Regal Wealth SCAM. In order to make our final decision, we check the 5 features to identify a SCAM, a very useful formula by Binary Living Way to be protected against these fraudsters. The 5 features are:
1. Fake Actors
The Regal Wealth SCAM was created by Michael King, who claims to be the founder and CEO of this bogus software. In order for us to determine if an auto trader is using a fake actor, we conduct a deep research. Unfortunately for the Regal Wealth SCAM, we did not find anything about a guy named Michael King related to Binary Options. In fact, we found out that the guy on the video is an actor from Portland, OR. This does not build any credibility to the system. We do not accuse an auto trader of being a SCAM only because they use an actor for its presentation, therefore, let's take a look at the other 4 features of a scam.
2. Impossible Earnings
How much can you really make a day with a Binary Options auto trader? We have posted videos with truly working auto traders, and we make between $80 to $200 on a daily basis, always depending on how much you are investing on each trade. You can check our YouTube Channel in order to watch those live sessions. Nevertheless, the Regal Wealth SCAM claims that you can make $605 PER HOUR! Is this possible? If you are new at trading, you might get excited at the moment you see that possibility and due to that excitement, you might fall into these crooks' traps. No, you cannot make $605 per hour with the Regal Wealth SCAM. You certainly can make $600 per hour, if your trades are $1,000 each, but still, it will not be consistent as there will be trades that you will end up losing as any other trader. This is a lie from the Regal Wealth SCAM.
3. Reviews Online
This is just one of the many SCAM reviews that you found about Michael King and his Regal Wealth SCAM, isn't it? No matter where you look at, what search engine you use and what words you add to your search, you will not find any good review of this trading system. The reason is because there is nobody with good results from them. All of the users that fell into their trap ended up losing their entire money in no time. That is guaranteed. Therefore, every time you are looking for a service or a product that you are interested in, you have to look into the reviews that people are giving them on the search engines. This time, the Regal Wealth SCAM is surrounded by negative reviews.
4. Fake Advertisement
A very funny test we made on the Regal Wealth's website, was to try to ask them a question on the member's area. We realized that before you finish your registration, there are a lot of questions from users, answered directly by Michael King. This called our attention, so we decided to make a test and ask him a question. As you can imagine, we could not ask them a question. We clicked on the button to ask the question and the website suddenly froze and never came back. This is called Fake Advertisement. We now know that the questions and answers on the member's area of the Regal Wealth SCAM are fake and we should not trust them. Very lame strategy from these so-called traders that hide behind the scene, only to steal your money.
5. Fake Testimonials
Right on the same page where we were not able to ask our question, there are many "people" commenting about the Regal Wealth SCAM. In this particular strategy, the creators behind this fraudulent scheme, are being very clever and you should be very careful. These guys are not saying wonderful things about the auto trader. Some of them actually say that they just joined and that they are excited to test it. Some of them, of course, are saying that they are making money already. The reality is that those comments were written by the software developers to confuse new traders and think that they are dealing with a legit system. Read this carefully, THOSE COMMENTS ARE FAKE.
Based on all the evidence that we were able to find against the Regal Wealth, we have no other choice than blacklist them as a SCAM. There are many other scams like this, where you can find proof of each of them. Click here to check the list. We invite you to read them in order to be aware of the crooks that are out there after your money. We always recommend you to trade manually, using a Regulated Broker, however, if you are interested on an auto trader, we invite you again to check Epix Trader, MS Management Software or Binary Option Auto Trader, which are trusted and tested auto traders. Feel free to leave a comment and thank you for reading.
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