When it comes to binary options trading strategies, there are many scams out there. That is why it’s difficult to know where to put your trust.
This is why I went out of my way to test out one of the newer systems—CodeFibo.
Read on to find out how the program compares to the competition and whether you should use it for your trading needs!
This Code Fibo Scam review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.
Table of Contents
Pros: What I Liked
- Automated trading software
- Great for beginners
Cons: What I Didn't Like
- Lack of credibility
- Not the best business model
You probably discovered Code Fibo for the same reason you might have come across any other financial newsletter, options trading service, or investment program:
Because you want more money in less time.
And chances are, you want to quickly multiply the money you do have (as opposed to waiting months or even years to see a decent ROI).
This is a really exciting promise, and it’s probably why the financial publishing and training industry is worth billions of dollars.
The problem is, because the idea of doubling, tripling, or 10X-ing your money in a few minutes to a few days is so enticing, there are a ton of shady characters in this space.
But, putting that aside, let’s say every investing guru and “trading expert” on the internet had the best of intentions.
Even with proprietary algorithms, a room full of supercomputers, and a team of rocket scientists, most of these experts would be lucky to get it right 20% of the time.
Now sure, we’re talking about asymmetric bets here, so theoretically the winners should more than make up for the losers.
But in order to make that happen, you can NEVER miss a trade. With a 20% success rate (speaking optimistically), one missed winner could turn a profitable month into a loser.
That’s a lot of pressure and a lot of stress (not to mention a lot of losing) with not much certainty.
But what if there was a way you could build a passive income stream that’s actually passive?
An income stream that doesn’t require:
- Constantly monitoring your phone for buy/sell alerts
- Obsessively watching charts and movement
- The emotional roller coaster and angst of hoping one winner can cover the last 8 losses
- Gambler’s odds (20% chance of success is worse than the odds of winning at Blackjack)
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day monitoring charts, trades, and alerts?
If that sounds like something you’d be interested in, check out Digital Real Estate.
However, if you’d still like to know more about Code Fibo, keep reading.
1. What Is Code Fibo?
Prof. Matthew Lewis created the CodeFibo trading platform. Prof. Lewis is an economics professor who has worked at different universities.
He met students who were struggling despite doing great in his classes at each college. Matthew went on to create his own trading platform with the support of these students as a testing group.
He had a variety of extremely particular goals because of his testing group. These were lower-class access, the ability to utilize the program on the go, and convenience of use.
Basically, he wanted to create a tool that was so simple that even his students could use it despite their hectic schedules.
2. Code Fibo Review: Automation
When you first sign up, you will be asked for details to deposit funds, which takes only a few minutes to set up. This information is then saved, removing most of the effort from the rest of the program. When you withdraw your profits, they are sent to the company mentioned and can be received by pressing a button.
The trading software itself operates entirely automatically. You only get to choose how much you want to spend and when it will expire. With the click of a button, you may walk away from your computer and return to your investment.
It really couldn’t get much easier, and I was pleasantly surprised. I discovered that you might repeat this process as many times as you like without affecting your account, or you can set the expiry date as far as you want, which I appreciated.
3. Trading Strategy Of CodeFibo Software
The amount of trades per week is limited to 80, so you won’t be trading every second of the day, but when deals do go through, you’ll be guaranteed a spot.
The actual win ratio is slightly higher than 80%, implying that you get roughly 70 winning trades or transactions per week. This is far superior to other options in which you put in more effort and only receive roughly half of the profitable transactions.
The program’s most fantastic feature is how it incorporates crowdsourcing with worldwide financial analyses. Instead of failing as the markets change, the program shifts with them. This means you’ll never have to update your own settings, keeping the CodeFibo totally automatic.
The program is based on the Fibonacci numbers and the Golden Ratio, which previous programs have attempted and failed to achieve in the past. These two strategies are widely employed in the financial sector, but no one has been able to fully automate them together until today.
4. How Does Code Fibo Scam Work?
It’s actually quite easy, and it hasn’t changed much in the last 3-4 years. It all starts with a professional-looking website that draws you in.
These individuals make you believe that they know the “secret” to making money with trading and that if you use their program, you’ll be able to make a fortune.
5. How Much Does Code Fibo Cost?
Once you’ve been taken in by the flashy website giving you access to their fantastic Code Fibo program, they’ll tell you that you can have it for free if you deposit $250 or more.
After all, you must first deposit money for the software to trade and make money.
It seems legit, doesn’t it? I mean, you have to spend money to make money…
That could be true if the software wasn’t DESIGNED TO LOSE.
That’s right; you read that correctly. The software you gain access to is designed to make you lose money.
You may wonder why it would do so.
Allow me to explain… To begin using Code Fibo, you must first register with a binary options broker that these folks recommend. When you sign up and deposit $250, the binary broker pays a commission to the proprietors of Code Fibo!
Because the binary broker will encourage you to deposit additional money, the commission is usually about 100% of the money you deposited (which is when they make their cut).
Here’s the thing… Binary options are NOT investments or a form of trading. Brokers only profit when you lose money. You would bankrupt them if you went out and made millions as they claim. Thus, they ensure that the software (Code Fibo) is programmed to LOSE!
6. How Are They Able To Get Away With It?
Binary options are not well regulated, and legally, what these men are doing is unlawful, but it is difficult to detect, which is why new systems like this keep coming!
Scam alert! Beware of these scam systems. Make sure they are regulated by your local financial regulator.
In my opinion, you should stay away from anything related to binary options.
7. Is Code Fibo A Scam?
So, is Code Fibo a scam? Not technically (since you will have access to the software). You can make money with it, but it’s definitely not as easy as Prof. Matthew Lewis (If that’s his real name) makes it sound.
Either way, Code Fibo is now shut down.
Again, with any kind of financial product (especially trading), you’re taking on a lot of risk.
Sure, you could hit it big and retire in Italy, but chances are you need the stomach and financial cushion to weather tons of losses before you get there…and it may never happen.
Most of the big gains numbers these companies use in their marketing (“xyz grew by 4,112% in 3 months” or “this option made 324% in just 2 days”) are cherry-picked.
They don’t tell you about the 10 100% losers that came before.
In other words, if you invested $100 into 11 recommendations, you’d lose $1,000, and make back $324…so you’d still be out almost $700.
Most people don’t have the fortitude to stick it out through 3 straight months of losers in the hopes of landing one big winner.
What if, instead, you took those same 3 months, invested just a couple hours a day (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Real Estate.
It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.
Are There Alternatives To Code Fibo
Yes, there are plenty of other business models to choose from if you want to pursue making money online. Here are just a few:
What Is My Top Recommendation For Making Money Online In 2022?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business,” the research IS conclusive:
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.
1. It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
2. You Own & Control EVERYTHING: With anything in the financial markets, you own and control NOTHING. You have no say in price fluctuations, demand, or what the market will do.
Trying to beat the market is fighting against the tide. There’s just too much working against you, no matter how many supercomputers or rocket scientists are on your side.
With Digital Real Estate, you own the assets, which means you have all the power and all the control.
3. Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
1. Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with any kind of trading or investing, you’d have to double your initial capital OR double the average order size of your existing trades. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
2. Make Money Helping Real People: This part is what makes it all worth it. In the financial markets, you might be helping your family, but the impact never goes beyond you and maybe a few others.
But with Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like Code Fibo which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.