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Seven Figure Formula Review 2021: Scam or Legit?

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By: Scam Risk - Expert Reviewer

Seven Figure Formula Review: Legit Trading Program?

Seven Figure Formula Review 2021: Scam or Legit?

There are several ways to make money online, and one of them is investing in stocks or Forex.

However, the internet is rife with making money online scams, and the stock market is no exemption. 

You’ve probably heard about Seven Figure Formula and wanted to conduct your research before joining up with them. That’s definitely a good move these days since you can never be too cautious online.

Is it possible to make money online with the Seven Figure Formula?

Is Seven Figure Formula a scam or a waste of time and money?

Now, I do want to be totally honest in this review, so…

DISCLAIMER:
This Seven Figure Formula 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.

This review to cover what you need to know about this program to see if really is worth your time and money.

At the end, we’ll answer some of the most frequently asked question regard Sever Figure Formula and stocks in general.

And most importantly, I’ll show you the exact system that I use to make over $41,000 per month… even while I sleep.

But for now, let’s see what Seven Figure Formula is all about…

Table of Contents

What Is Seven Figure Formula?

As an investing platform, Seven Figure Formula claims to teach ordinary people like you how to transform penny stock investments into life-changing income.

A penny stock is just a low-cost stock that may be purchased on the stock market.

This is how Jordan Belfort of Wolf of Wall Street fame became the wealthy millionaire he is today, and how he got himself into legal problems.

But you’re not going to do what Belfort has been doing. The Seven Figure Formula achieves everything legally.

The system is meant to help you transform your $100 investment into millions of dollars, or so they claim.

7 Figure Formula Review: What Are Penny Stocks?

A penny stock is often a small company’s stock that trades for less than $5 per share. 

Though some penny stocks trade on large and prominent exchanges such as the New York Stock Exchange (NYSE), the majority trade over-the-counter (OTC) through the electronic OTC Bulletin Board (OTCBB) or the privately-owned OTC Markets Group. 

OTC transactions do not have a trading floor. Quotations are likewise handled entirely electronically.

Trading Penny Stocks Reviews: How Does It Work?

Historically, penny stocks were defined as any stock that traded for less than one dollar per share. The Securities and Exchange Commission (SEC) of the United States has expanded the term to encompass any shares trading for less than five dollars.

The Securities and Exchange Commission (SEC) is an independent federal government body tasked with safeguarding investors while ensuring the fair and orderly operation of the securities markets.

Penny stocks are often connected with tiny businesses and trade infrequently, indicating a lack of liquidity or available buyers in the market.

As a consequence, investors may find it difficult to sell shares since no buyers are available at the moment. 

Investors may have difficulties obtaining a price that correctly represents the market due to the limited liquidity.

Penny stocks are often seen as extremely speculative due to their lack of liquidity, huge bid-ask spreads or price quotations, and small company sizes. In other words, investors may lose a significant portion or all of their investment.

Who Are The People Behind Seven Figure Formula?

Greg Guenthner and Jonas Elmerraji, both stock market veterans who have made their mark on Wall Street, are the brains behind this company.

Guenthner is the editor of Agora Financial investment journals “The Rude Awakening” and “Profit Spy”.

Elmerraji, the computer program’s math genius, has been working with Guenthner at Agora Financial.

These stock market geniuses were featured in the Wall Street Journal and Forbes, so they know what they’re talking about.

However, this does not always imply that the system they are promoting is legitimate (or even works). Despite positive client feedback, there has been a lot of negative news regarding Agora Financial. 

Agora Financial also offered other programs such as Lifetime Income Report and Income On Demand.

Scam Reviews: An Inside Look Into The Seven Figure Formula

As previously said, the system is all about converting a $100 investment into millions of dollars by maximizing returns on penny stocks.

How Much Does Seven Figure Formula Cost?

If you wish to join this company, there are three different memberships you may choose from. Let’s take a brief look at them and their cost:

Silver Membership ($49/Year) – This is an online-only membership that gives you access to the members’ website, weekly notifications, and complimentary newsletters.

Gold Membership ($89/Year) — This membership includes everything in the Silver Membership, except print editions as well as digital versions.

Platinum Membership ($99 per year) – There doesn’t seem to be any distinction between the Gold Membership and the Platinum Membership in terms of what’s included.

What Makes Seven Figure Formula Unique?

In reality, this company is nothing out of the ordinary. Once you become a member, you will get copies of its publications in which you may discover financial strategies to quickly double your stock investment.

You will also be given access to the “secret formula” for making millions from stock investments.

In reality, there is no formula at all. Every month, you will get a series of articles sent right to your inbox, as well as one or two recommendations on which penny stocks to watch out for.

Along with the extensive list of readings, you will also receive their magic software, Factor 148, as well as some lessons on how to utilize it.

The software promises to be able to predict increases in the penny stocks market, allowing traders to know when it is best to trade.

It all sounds pretty high-tech. However, in the trading industry, whether it’s a binary option or a foreign exchange, practically every site has an automated program that searches for signals and sends notifications to users through their phones.

The website makes it out to be something miraculous when, in reality, it merely gives advice based on what the robot believes is true.

What Do You Get From Seven Figure Formula?

  1. Seven Figure Publishing – Monthly publications that forecast the performance of certain companies and identify which stocks will yield a profit of more than 100% within a year.
  2. Weekly Updates – Typically, information about various companies and investment prospects is provided.
  3. The Monthly Seven Figure Formula Penny Stock Report – Get the most up-to-date information on penny stocks sent right to your email!
  4. Bonus Report: ‘Three Chances to Double Your Money Using a Seven Figure Formula‘ Penny Stocks – How a total novice in the stock market may transform a small investment into a six-figure windfall.
  5. The Seven Figure Formula, Revealed – An extensive document that explains how the formula works so that you may comprehend how the computer program works. It’s similar to 24Option but for penny stocks.
  6. The Seven Figure Formula  Hotsheet – This is an inside peek into their secret formula, designed to provide you with information and insight into how your investments are doing.
  7. Bonus Report No. 2 – How to Trade Seven Figure Formula Penny Stocks – This is a refresher course for people who haven’t traded in a while, as well as a road map for those who haven’t started trading yet. This course will teach you how to purchase, sell, and everything in between.

You’ll also have access to trade videos, Q&A seminars, and a members-only website.

The website also says that by signing up, you will get the “secret formula” for investing and how it works.

Aside from that, no information is provided on the additional freebies that you will get when you join up for the system.

Can I Make Money With Seven Figure Formula?

Yes, You can!

But…

There’s a lot that comes along with stock investing that many people struggle with. 

Now, don’t get the wrong idea…  

It’s not impossible to make money with penny stock investing, but if you’re gonna put in the amount of grueling work to do this business (which, trust us, isn’t easy), you might as well bring in some REAL money while you’re learning the ropes.   

The program that helped skyrocket many online businesses to over $41,000+ per month is so simple that making money really does become second nature. 

Is Seven Figure Formula a Scam? Or Is It Legitimate?

Although Seven Figure Formula is not a scam, it is also not highly recommended. 

Agora Financial, the publisher, has been involved in a number of controversies in the past for giving misleading information, and it’s probable that the same may happen with what’s being marketed via Seven Figure Formula.

In addition, the entity associated with Agora Financial has very bad feedback from the BBB (Better Business Bureau) Profile.

While Seven Figure Formula is not a scam, be cautious about blindly following any investment advice they provide to their members. If you enroll – and the costs are rather reasonable – then conduct your research independently of what this company claims.

In other words, examine what they suggest (or what their software recommends), then conduct some internet research to discover what other experts have to say about that specific stock and its chances of improving in value.

If it agrees with what Seven Figure Formula says, it’s probably safe to proceed. If it doesn’t, maybe pass on that advice.

It is entirely possible to build a profitable, successful penny stock investing business… But there are better ways to build a business other than with stock investing.  

Our #1 pick proves this. Because, unlike Seven Figure Formula, it actually provides real proof of real success from real people as recently as a few days ago.

Conclusion

Seven Figure Formula promises to be able to help you earn a lot of money with penny stocks. It may be worth investigating at a cost of $79 per year.

But, when it comes to building a business, you have plenty of options.

And even if you’re dead set on becoming a penny stock investor, you’ve got way better options than Seven Figure Formula

Keep in mind, we don’t get paid to promote any of the programs we review. We personally think penny stock investing is a great business model, but you could end up leaving way too much money on the table.

What Is Our Top Recommendation For Making Money Online In 2021?

Our review team has come across a program in the real estate industry that is next level!

Although it’s not real estate in the traditional sense, it’s all digital.

Yup, Digital Real Estate!

Where Seven Figure Formula falls short is in scalability. 

There’s only so much time in a day and there’s only so much money you have to start with.

Let’s face it, unless you have a lot of money to start with, you don’t stand to make much money with cryptocurrency.

But what if you could make even more money off of little local websites without having to worry all day about losing your money in the blink of an eye?

With this digital real estate program, you can make recurring monthly income without worrying about losing all your money overnight!

Sound too good to be true?

Maybe.

But it isn’t…in fact, business owners wish they had this skill!

All you have to do is build and rank a LOCAL website and forward the jobs off to a business owner in town, you could even email it to them!

This works for literally any service based business, tree service, plumbing, towing, etc. 

How do you get paid and how much?

Simple, after you forward the jobs off to a business owner and he makes some money off of them, you simply ask to make the deal beneficial for each other.

A fair price to charge per lead, depending on the industry is 10-20%…let’s just use the tree service industry for example and go by worst case scenario.

Let’s say you build and rank the site and only 10 jobs a month come in. The average tree service job is anywhere from $500-$2000!

That means at bare minimum you have an asset worth $500 a month!

See why they call it digital real estate now? That’s a rent payment. 

The great thing is how easy it is to scale. You don’t have to worry about the constant and crazy market volatility that cryptocurrency entails.

So, getting back to Seven Figure Formula,  if you take one of their picks…you could lose BIG TIME.

The course we recommend actually allows you to collect HUGE FLAT RATE DEALS. Truly passive income!

The training program takes making money online to a whole other level. The owner of the program walks you through how to build and rank a site hand in hand, with the occasional voice over when he is sharing his screen.

You will learn the importance of keywords, website name, how to send call notifications via email, backlinking, etc.

Once the training program is completed you will also have access to a Facebook group much better than the Seven Figure Formula group in our opinion. This group is much more active.

Unlike Seven Figure Formula, where you’re profiting maybe $10 per trade, you could be getting 10-20X THAT. 

A business will always want more leads and another job. In fact it doesn’t even matter that the job isn’t coming from their website name…they see it as it is…expanding digital real estate.

Unlike Seven Figure Formula, more people have been able to walk away from their 9-5 job as well. 

Digital real estate allows you to have passive income with most of your day being spent ENJOYING your money, NOT losing it.

Now, I know you probably have tons of questions… 

So, check this out to learn more.

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