Proven Profits Review: In this review of Matt Baker’s Proven Profit’s software we will reveal our test results that prove it’s a scam!
Our Official Proven Profits Software Review
About The Proven Profits Software:
Product Name: Proven Profits
Niche: Binary Option Trading Software
Price: Free
Product Creator: Matt Baker
Product Summary: Proven Profits is a free binary options trading software from Matt Baker. Matt claims one of students made over $17,000 in a single day! He also claims that this money was made on complete auto-pilot without and prior experience!
Proven Profits is the latest in free trading software that claim to be able to make you a ton of money on complete auto pilot. The fact is…Over the past few years there have been hundreds of similar software that have made the same claim.
We have personally tested 133 similar software and our results have been less than impressive. Out of the 133 software that we have tested, only 2 made us a profit. Of the 2 that made us a profit, only 1 is still available online for free.
So…We know that there is a free software that actually makes you money on auto-pilot, but we still had to test the Proven Profits software to make sure it’s one of the few that really works!
Our Test Results That Prove Proven Profits Is A Scam
To see if the “Proven Profits” software really makes you money on auto-pilot, we performed a simple test. We simply let the software perform 100 trades for use and recorded our results.
Note: Due to online broker fees and rate of return you will need to win 75% of your trades to make a consistent income trading binary options online.
Here are our test results for the “Proven Profits” software:
Number of trades = 100
Number of winning trades = 53
Number of losing trades = 47
Percentage of winning trades = 53%
Although the Proven Profits software did win 53% of it’s trades, we still did not make a profit because of the rate of return of our investment and the broker fees.
This really came as no surprise to us because of the previous 129 free trading software that we have tested, only 2 made us a profit and of the 2, only 1 is still available for free online.
The software that passed our 100 trade test actually won 88% of it’s trades and made us a profit of $830 in 1 day!
Our Final conclusion: The Proven Profits software simply did not win a big enough percentage of it’s trades to make us money. We can not recommend it.
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