10 Days Social Profit – Scam or Not

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10 Days Social Profit is an automated binary options trading system, known as a binary options robot. The way binary options robots work is basically by logging on to your trading account with a binary options broker and then performing the trades for you. Of course, not all brokers allow the use of robots, in fact, many brokers state quite clearly in their terms and conditions that the use of such robots is prohibited and would result in forfeiting any profits made by use of the robot.

As we all know, the binary options broking industry is itself plagued by all manner of fraudulent and unethical practices looking to take advantage of greedy and uninformed traders. Unfortunately, the binary options robot industry is no better; in fact, it is probably even worse. Think about it, if binary options robots are so successful, wouldn’t it be more profitable for the owners of said robot to use it exclusively for their own personal gain? And if they were that successful, why do some brokers allow the use of robots, since it would be a negative on their bottom line? Remember that when you trade with a binary options broker, you are actually trading against them; your gain is their loss.

So, that being said, is 10 Days Social Profit a scam robot? Read on to find out.

Basic information:

Cost: Free
Software: 100% Automated
Max Returns: Up to 88%
Minimum Deposit: $250
Countries: All nations

  • No direct cost, only profit commission after a free trial period
  • User friendly interface
  • No actual proof provided just obviously fake testimonials
  • Lack of real details as to the workings of the system
  • Contradictory information
  • Linked brokers are unregulated

BinaryMinery Verdict:

Not Reliable Service

What Is 10 Days Social Profit Review Robot?

10 Days Social Profit is a robot that claims to work by generating trading signals via social trading; it claims to have a team of highly experienced traders that generate these signals for you. This is explained via 3 videos that you can see from their homepage, the first video accessible to the public, the second accessible once you’ve entered in your email address, and the third once you’ve created an account. Alternatively, you can watch all three videos directly from YouTube; here, here, and here.

Now, upon viewing these videos, what should be immediately clear is that all of these testimonials are paid actors or stock images. The second and third video shows a man who introduces himself as ‘Charles Peterson’, the creator of 10 Days Social Profit. Of course, that man is actually a paid actor that you can find on Fiverr; feel free to scroll through his services here.

Honestly speaking, their videos and testimonials are so obviously fake that they should be ashamed of themselves. As another example, they claim to have been around since 2009, despite the fact that a simple Whois lookup shows that their website was only registered in December 2020! Check out some obviously fake testimonials using stock images, dated before the website was even registered.

Let’s take a look at their major claims. First, they claim a 93.7% success rate with average daily profits of $872. By the way, that translates to $318,280 per year! Such fantastical claims are no different than get-rich-quick schemes; why bother learning how to trade at all if you can just sit at home and just trade based on their signals? Think about it, if you had an automated trading system that could generate over $300k per year, would you give it away to the public for a 5% commission? After all, if it was truly that successful why not just use the robot yourself on as many brokers as possible, and why would any broker allow the use of such fantastically successful robot?

Screenshot

How Does It Work?

So what happens once you register for a free account? You are redirected to the trading platform, which may be associated with several different brokers depending on time and location. You are then prompted to make a minimum deposit of $250. In our case, the trading platform we were brought to was PWRtrade, which is an unregistered binary options broker. At the bottom of the trading platform, you will see the trading signals generated by the robot which you can click on to perform said trade if you wish. You should be aware that all the trading signals generated by 10 Days Social Profit are exclusively 30 and 60-second options. This is again suspect; how exactly can trading signals be generated for such short timeframes?

How does 10 Day Social Profit profit? And by that, we are talking about how the creator of the robot makes a profit. The website claims that they profit by taking a 5% cut of all their users’ profits (their slogan: You profit, and then we profit) after their 10 day or 1 month free trial (another contradictory claim made in their videos; hence we are not sure which is which).

Therefore based on their business model, 10 Days Social Profit may not be a direct scam as the only investment their users make is the initial $250 deposit with the broker. It is possible that 10 Days Social Profit has some sort of profit sharing affiliate agreement with its brokers; that way, even if the robot does not deliver as promised and the user cancels during the free trial period, the robot creator may still make a commission on the user’s initial $250 deposit.

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Final Conclusion: Is 10 Day Social Profit a Scam?

To conclude, while 10 Days Social Profit does not seem to be a blatant scam as users do not end up paying anything directly for the robot, which only takes the profit commission. Nevertheless, there are probably more subtle ways that the robot’s creators profit from users. In any case, 10 Days Social Profit’s laughable sales claims, together with such poorly done testimonials, means that we highly recommend that our readers avoid this one altogether.

10 Day Social Profits System Review

Making a profit in ten days is fantastic; especially if it involves using a system and a market you have no experience of. The 10 Day Social profits system offers just this opportunity. However, with this kind of promise is 10 Day Social Profits an attractive and genuine offer or simply a scam?

Introducing the 10 Day Social Profits System

You do not need to do anything to use 10 Day Social Profits; it is a fully autonomous system with a practice account facility, returns of 88% and no charge to use its services.

However, 10 Day Social Profits does use brokers which are unregulated. It has also received a high volume of complaints; particularly regarding the suggested rate of return, the inability to withdraw funds and the terrible customer support.

Charles Peterson declares himself a financial genius; having made a fortune trading in binary options. In order to share the knowledge and the wealth he developed the 10 day Social profits system. With a 97% success rate you would be forgiven for thinking he had cracked the market! Sadly, he does not really get returns at this level.

Getting Started with 10 Day Social Profits

Simply visit the 10 Day Social Profits website and register your personal details with them. They will then provide you with a list of approved brokers. You will need to link with one of these and add $250 to your account before you can access the 10 Day Social Profits software. Then it is a case of setting your risk parameters and letting the 10 Day Social Profits do its job.

Summary– Is 10 Day Social Profits Genuine?

There is some potential in the 10 day Social profits system and no proof that it is a scam. However, there are enough bad reviews and concerns to recommend not using the 10 Day Social Profits system. You will find many other, better systems available.

7 Binary Options

For those who are serious about binary options trading, it is critical to find a reliable trading system as so many of the automated trading bots today turn out to be total shams. If you are going to invest hundreds of dollars with a trading system hoping to at least double your money, you want to ensure that the software is safe and reliable. The best way to do so is to search online for reviews and complaints before utilizing any trading software.

10 Day Social Profits is a relatively new automated trading system that boasts it generates profits of thousands in a short time with little effort on behalf of the trader. But are they to be trusted? Read the following 10 Day Social Profits review to find out more.

Basic information:

Cost: Free
Software: 100% Automated
Max Returns: Up to 88%
Minimum Deposit: $250
Countries: All nations

  • Demo account available
  • 100% computer-automated trading
  • Website or brokers are not regulated
  • Large number of customer complaints
  • Poor customer service
  • Withdrawal process is not reliable

7BO Verdict:

Not Reliable Service

What Is 10 Day Social Profits?

10 Day Social Profits was created by Charles Peterson, a self-proclaimed financial genius who made his fortune trading binary options. He developed 10 Day Social Profits software to allow other traders to be able to easily profit from his automated trading system. He claims that 10 Day Social Profit has a winning ratio of 97%. This means that for every 100 trades it makes, that 97% are successful.

Anyone who is the least bit familiar with binary options trading knows that there is a 50% chance of winning as there are only 2 options when trading binary options, hence the term “binary”. You are predicting whether or not the price of your chosen asset will rise or fall. Many systems boast of having a super-high winning percentage, however, the most tried and true trading systems average a winning rate of 87%. Chances are that if any system tells you that they have any higher than 90%, they are in fact, a scam and should not be trusted.

We tried to find some background on 10 Day Social Trader and Charles Peterson and came up blank. We discovered in our investigation that Charles Peterson is not even a real person; rather he is a paid actor from Fiverr.com. As well, the testimonials displayed on the webpage appear to be fabricated. When we looked off site for reviews on 10 Day Social Profits, we found nothing but complaints and negative reviews from traders who have lost their investments rather than profit from using this software.

Screenshot

How Does It Work?

If you wish to create a trading account with 10 Day Social Profits you must first sign up with one of their brokers and then deposit the required minimum deposit of $250 before you can start trading. Once you have done so, you would determine your trading parameters and allow the system to initiate trades on your behalf. If you see any results, you may withdraw your earnings, according to the procedures predetermined by your particular broker.

In our 10 Day Social Profits review, we discovered that many traders were unable to withdraw their money and even more lost their initial deposit and were unable to get a straight response from customer services as to what even happened with their funds. We do not feel that this is a sign of a good trading system so we do not have a good feeling about this particular trading software.

Conclusion: Is 10 Day Social Profits a Scam?

We cannot determine for sure that 10 Day Profits is an absolute scam, but we do not feel that this trading bot is the least bit reliable. There have been way too many negative reviews and customer complaints about the validity of this software. We strongly urge our readers to make use of only those trading systems that have a solid reputation for consistency and quality.

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