100% Profit Bot promises that they are not a scam and they are guaranteed to make you money. But can they be trusted? Is 100% Profit Bot a scam, after all? Let’s find out in our in-depth 100% Profit Bot review.

100% profit bot reviewName: 100% Profit Bot
Website: 100percent-profitbot.com
Owner: Sportsmavin
Price: $1000 min. deposit

Recommended? Not Recommended

100% Profit Bot Review

 

100% profit bot review

Sportsmavin is not going to take a penny from you, because he’ll take $1,000 instead

100% Profit Bot scam (Yes, 100% Profit Bot is a scam) found at 100percent-profitbot.com has a lengthy home page, and an equally lengthy sales video clocking in at over 30 minutes long.

In the video, Sportsmavin, the alleged owner of 100% Profit Bot spent a good 15 minutes talking about why many other binary trading robots are scams, and how the scammers make money off you.

As an experienced reviewer of binary software scams, many claims made by Sportsmavin about the scams are actually valid.

This includes how the scammers use scarcity tactics to force internet users into action, how they take a chunk of your deposit as referral fees, and how they share the money you’ve lost to the broker.

Having said that, how do we know if Sportsmavin isn’t using reverse psychology on you? How can we be sure 100% Profit Bot is not just another scam?

What 100% Profit Bot Doesn’t Want You to Know

 

100% profit bot review

Firstly, despite telling you the fact that many internet scams are using fake, limited number of licenses to force potential victims into action, 100% Profit Bot is actually using the same scarcity tactic.

Granted, it’s a bit different from the other scams. In most scams, you’ll see the number of available licenses dwindling as time goes by, but the number resets when you refresh the browser.

With 100% Profit Bot scam, they are not using dwindling numbers so you can’t catch them by refreshing your browser. Instead, they use a fixed number, in this case 2 available licenses and it stays the same throughout your stay on the page.

This way there’s no way to prove that it’s fake, but notice how it claims that the website will close down once the licenses are depleted. If the opportunity is really life-changing, how long do you think the 2 licenses will last? Minutes?

In fact, I’ve checked the same page for over a week. After a week, it’s still up and running, and the number of licenses available is still at 2.

100 profit bot review

Taken from the FAQ section of 100% Profit Bot scam

Secondly, notice how 100% Profit Bot scam claims that its calculations of winning percentages are based on real trades instead of fictional demo trades.

Now let’s look at how the scammers behind 100% Profit Bot shoot themselves in the foot:

100% profit bot review

Secrets hidden within the disclaimer of 100% Profit Bot scam
(click to enlarge)

Despite promising you a risk-free and guaranteed money making software, Sportsmavin and 100% Profit Bot scam are saying otherwise in their risk disclaimer.

The risk disclaimer can be found in fine prints at the bottom of the sales page, but not many people will have a thorough read. It’s very hard to read with the small fonts and long sentences.

And it is deliberately made so to discourage you from reading.

I’ve underlined the important terms in the disclaimer. You can click on the image to enlarge it, but let me spell out some critical terms here:

  1. You agree to indemnify and hold harmless the authors of 100% Profit Bot, their employees, contractors, partners, and service providers, should any of the practices described herein turn out to be unlawful in any jurisdiction.
  2. Don’t trade with money you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site
  3. SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. THE TRADES HAVE NOT BEEN EXECUTED.

That’s quite a few terms here. Let’s uncover the truth about 100% Profit Bot scam behind each of these terms:

  1. You give up the rights to pursue any legal actions even if you eventually find out your hard earned money has been scammed by 100% Profit Bot.
  2. Despite promising you guaranteed winnings, 100% Profit Bot admits in the disclaimer that using their software to trade binary options is still risky. You shouldn’t trade with money you cannot afford to lose.
  3. All results shown in the website are simulated. NO ACTUAL TRADES HAVE BEEN EXECUTED!

Fact #3 alone should be enough to alert you to steer clear of this scam. All cheques and trading accounts shown in the sales materials are not real!

These terms and conditions are not here to give you a fair warning as a consumer. The sole purpose of this document is to protect the scammers from legal actions when you lose all your money trading with 100% Profit Bot. You can’t take any legal actions because you have accepted the terms when you use the bot.

If they wanted to be honest about the risks of using the software, and the fact that all results shown are not real, they would’ve told you in the sales materials. Instead, they chose to present you with fake promises.

We do not recommend binary options and automated robots if you want to generate serious income from the internet, simply because it’s one of the worst possible ways to make money online. There are better alternatives out there that are much more promising than trying to gamble your way to wealth.

How Does 100% Profit Bot Make Money Off You?

 

100% profit bot review

100% Profit Bot scam keeps lying that it’s not going to cost a dime

Throughout the sales pitch, 100% Profit Bot has promised repeatedly that it’s different from the other scams, and that using the robot will not cost you a dime. The sales material didn’t even mention that you have to make a minimum deposit of $1,000 to get started.

However, as soon as you grab your license for the software, you will see the notification below:

100% profit bot review

That’s $1,000 down the drain

Yes, it’s been mentioned by Sportsmavin before that a minimum of 4 brokers are required to use the robot optimally. And the minimum deposit for each broker is $250, making it a huge $1,000 investment right off the bat.

100% Profit Bot has even provided a link to rainmaker365.com to document the positive reviews of its users. However, it seems that the link is providing a glance to the ugly truth, instead of the intended raving reviews of its members.

100% profit bot review

Members of 100% Profit Bot facing problems and losing money

You can take read through the reviews of its members, and there are hundreds of them. There are some people reporting profits, but usually not for long. The losing streaks eventually caught up and they lost all their investments.

And even though Sportsmavin repeatedly assured you that he’s not making money off your deposits, he doesn’t provide any proof that he’s telling the truth.

The way of signing up for 100% Profit Bot is identical to any other binary software scams out there. You need to sign up with 100% Profit Bot’s sales page, and it most likely contains an affiliate link.

You can’t even use your existing broker accounts to trade with the robot. You must create brand new accounts with different email address just for this bot. The reason is, Sportsmavin and the scammers behind 100% Profit Bot scam cannot earn their referral fees if you do not open an account using their link.

If Sportsmavin isn’t making referral commission off your deposits, he wouldn’t impose such limitations to 100% Profit Bot.

Is 100% Profit Bot a Scam?

 

YES, 100% PROFIT BOT IS A SCAM. As we’ve said in the review earlier, we don’t recommend binary options trading as a way to make money online, at all. It’s not that different from gambling, and using an automated trading software is no different. You are essentially putting your hopes and entire investment in a piece of software that gambles on your behalf.

You are more likely to end up losing all your money than making any significant profit. If you have some cash to spare for entertainment, you may go ahead and try it out. But you’ll be better off spending it on a nice dinner with your loved ones.

If you are determined to make money online, you must use a legitimate program that will provide you proper trainings and help you build your own business. We have tried out many programs, and there is only one program we recommend to our readers:

Read Our Review of the Most Recommended Internet Business Opportunity Here.

 

 

Have you encountered any online scams before? Personally I’ve fallen for a few before coming across the legitimate one, so let us know in the comments below if you have any personal experience to share!