Hedge Formula Group found at hedgeformula.co promises to make you rich with an autopilot software, but they can’t be trusted – because Hedge Formula Group is a scam! Read the full Hedge Formula Group review before you fall into an obvious trap!
Name: Hedge Formula Group
Owner: George Dalio
Price: $250 min. deposit
Legitimate? NO, IT’S A SCAM
(full list of all reviewed scams)
Hedge Formula Group Review
Hedge Formula Group is a scam!
The alleged owner of Hedge Formula Group, George Dalio claims that he has made more than $29 million dollars with this software in 2015 alone.
Now he’s opening up the chance to ordinary folks like you and me, where the lucky people will be able to profit from the same software.
But there’s a caveat – the video will be taken down after 100 plays, destroyed and never be shown again (refer to screenshot above).
Is he telling the truth? Does it mean that the website will be taken down after 100 people visited it?
Hedge Formula Group Scam Website Won’t be Removed
To testify his claim, we consulted the traffic stats of hedgeformula.co.
We investigated the number of daily unique visitors to the website – the average number of different people who make their way to the site every day.
According to siterankdata.com, the number of daily unique visitors for hedgeformula.co stands at 7,330.
Which is to say, the website would’ve been closed down within minutes of its creation.
However, it’s still up and running since it’s creation on 5 April 2016.
At the time of this review, there has been at least 220,000 people who visited the website, and the same video has been played more than 220,000 times.
Why is it still up and running? Apparently, George was trying to make you feel exclusive so you’ll buy into the scam.
Hedge Formula Scam and Its Fake Testimonial
Hedge Formula Scam uses fake member testimonial
You must have come across this member testimonial if you watched the sales video for Hedge Formula Group scam.
He claims to have made a fortune with the software, and personally record a testimonial to thank George for changing his life.
It has certainly added some credibility to the software. However, problems arise when the authenticity of the testimonial is questionable.
Having exposed George’s lies in the previous section, we were skeptical towards his member testimonial, too.
So we decided to investigate the background of the man who gave the testimonial. What we found was disappointing.
This “member” is actually a Fiverr actor
Turns out he is actually a paid actor who was hired by the scammers behind Hedge Formula Group scam.
You can find his Fiverr profile here: fiverr.com/gferdi
He was paid to read off the scripts prepared by the scammers like its a real testimonial.
It’s his job – as a spokesperson to produce a testimonial based off scripts for the product, even if he hasn’t used it before.
A fake testimonial can generally be bought from Fiverr.com for as low as $5.
We do not condone or condemn the act of buying and selling fake testimonials, but we want you to be aware of this – that fake testimonials can be bought online very easily.
The next time you come across a suspicious internet opportunity that sounds too good to be true, such as Hedge Formula Group scam, stay alert and think rationally.
It’s most likely a scam.
Making money from the internet involves work and skills, just like any other jobs out there. There is no push-button money making software, and certainly no free lunch in this world.
Hedge Formula Group Scam Doesn’t Come Free!
Hedge Formula Group scam isn’t free promised by George Dalio
In the sales video, George told us to put away our credit cards and close our wallets, because his software is available for free.
He conveniently ignore the fact that you need to sign up for a broker account, and fund it before you can even start to use his software.
And it’s how the scammers rip you off – they make money by siphoning away your deposits, and give nothing back.
What George Dalio Doesn’t Want You to Know
George Dalio has some secrets to hide in the disclaimer
(click to enlarge)
Despite promising to make you rich beyond your imaginations, George has some dark secrets hidden in the disclaimer of Hedge Formula Group scam, after all.
You won’t find the document anywhere in the sales material, because it’s supposed to be hidden from you.
It can only be accessed through a fine print that reads “disclaimer” at the bottom of the sales page, where almost no one will notice.
You can verify the terms quoted here using this link: hedgeformula.co/index2/terms.
I’ve underlined the critical terms in red, but let me write it down and interpret them here:
- Clearly understand this: Information contained in this product are not an invitation to trade any specific investments.
- Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose.
- THE TRADES HAVE NOT BEEN EXECUTED.
Just from these 3 terms alone, we can understand the true nature behind Hedge Formula Group scam:
- Despite coercing you to sign up for the “free” money-making software, Hedge Formula Group denies inviting you to trade binary options.
Note: Scams that promise unrealistic returns like Hedge Formula Group are illegal in many jurisdiction, if they try to coerce victims into signing up
- Hedge Formula Group scam admits that trading binary options is extremely risky, and it’s your own responsibility if you decide to sign up and lose all your investments.
- NO REAL TRADES HAVE BEEN EXECUTED using Hedge Formula Group software. All profits quoted in the sales material are fake.
What about the profits George showed you in the sales materials?
Of course, they are all fake profits used to entice you into signing up for the scam.
He didn’t even bother to tell you the risks of losing your investments in his sales pitch, so how can you trust him with your money?
Is Hedge Formula Group a Scam?
YES, HEDGE FORMULA GROUP IS A SCAM. We strongly advise you to stay away from the scam if you don’t want to lose your hard-earned money.
If you decide to sign up, you’ll need to deposit at least $250 to get started (and this is where they make money off you). You’ll be better off spending that $250 deposit for a nice dinner with your family than wasting it on a scam like this.
If you want to make money online, there are much better alternatives than trying your luck with binary options:
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!