Auto Cash Secret: The Secret is in the Small Print
Quick Summary of Auto Cash Secret
Rating: 1 out of 5. Not worth your time or money.
Pros: If you read the small print they are honest with you - "The typical purchaser does not make any money using this system."
Cons: You will make no money using this system. As with any other binary option program, the point of this program is to get your hopes up with promises of a dream lifestyle. Once you let your guard down the scammer hopes you will hand over your money so that they can make a quick buck in commissions.
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Tell me something: when was the last time you read the terms and conditions when buying software (you know the one, the EULA agreement)?
How about the terms when signing up to a website as a member?
What about the terms just for visiting a website?
If I’m right you will most likely not remember or just know that you have never done it, or perhaps read one that one time back in 2001.
Terms and conditions are boring, written by lawyers in dry language that makes no sense to anyone but lawyers.
The thing is, it is still worth having a glance at them, after all it could save you a whole lot of trouble.
Let’s take Auto Cash Secret’s terms for instance. There are a few things about it that are generally worrying, and then there is one line that should have you running for the hills!
Before I get to the terms, let’s take a look at Auto Cash Secret’s sales pitch.
“The first fully automated software that’s created 20 millionaires so far”
This is a bold statement. First of all, it is not the first automated software, but is it the first to make millionaires? Perhaps, but it offers zero evidence to back that up.
“$33,281,725.20 In Profits Made In The Past 6 Months “
Again, no evidence to back this up! It’s easy to write something captivating like this, but without solid proof it’s just empty words designed to make you hungry for money.
These certificates are complete BS, they have no backing and absolutely no meaning. I especially love the 100% secured site, when the website doesn’t even use SSL (HTTPS)!
Plus the number of sites I’ve seen recently with the “Software Awards 2014” and “Top Profit System 2014” signs make me wonder how many awards and top places were handed out exactly…
The website also employs a scarcity tactic, showing a countdown of the number of spaces left. As always with these things, it’s a fake. It will always start at 20 and always stop on 1, just refresh the page to start at 20 again.
The video itself is a typically over the top marketing affair. It promises a dream lifestyle of earning over $8,000 per day, owning fast cars, large houses and a dream lifestyle.
It comes complete with a reason why the narrator is giving away his miraculous software (philanthropy) and why the software is awesome (unique algorithm).
Found on the first page of results for “luxury mansion” in Google Image.
This is all BS!
It is standard marketing fare designed to make you envious of people with more money. Making you jealous lowers your guard and in some weird psychological way it makes you more susceptible to handing over money.
Auto Cash Secret’s Terms
I mentioned above that it’s important to read the terms, and it is. Not only does the site need to provide a general FTC warning about how Binary Options are a high risk endeavour it also provides clear warning about the using software for this type of trading:
CFTC rule 4.41 – hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
That in itself is pretty worrying, but what about this:
In some cases actors have been used. This is a new system and there are no typical results.
Well, that’s not a surprise. I highly doubted anyone pictured on the site was real. It does however make me nervous and it should worry you too. How can a site provide you with exact figures of earnings and millionaires made when it states that it uses actors and that it is new? Oh wait, yeah, it’s just lying to you.
And here is the one line that should make you fearful for your wallet:
The typical purchaser does not make any money using this system.
Say what? A “typical” person does not make money from this system?
They are admitting that the vast majority of people, the typical people, the average Joe like you and me, will make zero from this system.
This is about right as making money consistently with Binary Options requires a healthy dose of luck.
Software and knowledge may assist but it is still a high risk venture more akin to gambling than anything else, often with more losses than wins.
The Bottom Line
Auto Cash Secret is just another Binary Options affiliate trying to make you part with your cash so they can make a quick buck in commissions.
The sales pitch is fake, full of hype and promises, while the small print is honest (for once) and tells you in no uncertain terms that you will most likely not make a single dime from this system.
When the products own terms warn you about using it, do I have to?
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