ARE YOU concerned about the Copy Buffett Software Binary Options Trading bot?
I share your concerns. First, because binary options have almost become synonymous with online scams. Second, because this trading bot here uses the name and fame of the top-notch investor Mr. Warren Buffett.
Therefore, here are questions that beg for answers – What is Copy Buffett Software about? How is connected with real Warren Buffett? And finally, does it work?
Read the detailed review below and I will show you exactly what kind of product it is and what it does.
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Name: Copy Buffett Software
Copy Buffett Software login page: copybuffett.com
Copy Buffett Software disclaimer: copybuffett.com/terms.html
Niche: Binary Options
Price: Software free for 30 days, minimum deposit: $300
Founder: Jeremy Fin (fictional character)
Skill level: Beginner (wrong claim)
Complete Autopilot: Yes
My Overall Rank: 0 out of 10
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Full Review – What Is Copy Buffett Software About
Copy Buffett Software is a relatively new Binary Options trading bot. It’s website was created in February 11, 2016 so there is not much proof whether it is reliable trading robot or not.
According to the official narrative (told in their promotional video) the software is created by Jeremy Fin, a long time programmer in Silicon Valley.
His idea was to learn from the best investors, in this case, from Mr. Warren Buffett. While he could not compete with the genius investor in the numbers department, he thought maybe he could create a program that would somehow emulate Warren Buffett’s trading strategies… And thus achieve the same (or at least similar) results.
Six years blood, sweat, and tears and in the beginning of 2016, the software was up and running. Not only running but performing exactly as it was expected to perform (trading and profiting just like Warren Buffett would trade and profit):
Now, out of his ultimate generosity, Jeremy Fin is offering that software to you for 30 days completely free trial. After that, if you feel happy with it and want to continue using it, They will charge 5% from all of your profits.
Here’s what they promise you:
- Exclusive access to the Copy Buffett Software for 30 days – completely free
- No payment request (Wrong! See below)
- No commitment or need for your credit card details (Wrong! See below)
- No false promises (Wrong! See below)
- Complete auto trading pilot with an average of 500 trades per day
- The program will do all the work for you
- Live chat with customer service
- Live chat with other Copy Buffett members
- Your personal assistant
- $18,000 a week
- Live like Warren Buffett (Really? They must be kidding.)
Remember, trading Binary Options always include two parts: First you have a trading software or robot which allows you to trade. Second, you need to open your trading account with some broker. AND (don’t forget it) you must fund your trading account with a minium amount (which usually is $250).
This is the money you use while trading. You can make more money with it. And you can lose it. But it’s YOUR real, hard earned money.
Now, this trading app – the Copy Buffett Software – is free (for first 30 days). After that, if you will continue your subscription, they will charge 5% from all your profits.
But you must use your money for trading. In the case of the Buffett App, the minimu is $300.
Is Copy Buffet Software a Scam – 12 Warning Signs
Warning Sign #1: False Claim – Completely Free
This fake Jeremy Fin is touting over and over again that everything is free and you don’t need a credit card:
Now look at this:
So what that mean?
Simple! They create a false impression as if you can start making huge profits with NO investment from your part at all.
The app is free but to trade, you need to invest YOUR real money!
Warning Sign #2: – Fake Jeremy Fin, the Founder of Copy Buffet App
Jeremy Finn is the guy in the promotional video:
He claims to be a top software developer for Silicon Valley’s major entreprises – and that for the past 18 years already. Also, he claims to be the one who managed to code Warren Buffett’s genius brain into a computer program (to emulate Warren Buffett’s trading habits).
Now he has that ultra-successful app up running. It’s called Copy Buffett Software…
Well, all the other details of Jeremy Fin and its trading app are not worth any further investigation because…
… Because its fake. The whole story (Jeremy Finn, the founder, people giving testimonials, etc) is fabricated.
First, Google as much as you like, you will not find such Silicon Valley top programmer as Jeremy Fin. There are traces of such person. No images, no track records, nothing.
Jeremy Fin, the founder of Copy Buffett Software, is a fictional character, played by an actor.
Warning Sign #3: Copy Buffett Testimonials are Fake
Hey! You don’t even need to do any research here.They themselves confess it to you in their Full Risk Disclosure:
See! Obviously, they want to make you believe that their clients need privacy and protection. That’s why actors have been used.
Weird! Have you seen respected companies doing that? No. If they wanted to follow in the footsteps of Mr. Warren Buffett, they better listen to him:
“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”
Warning Sign #4: False Claim – The App Emulates Warren Buffett’s Trading Techniques
Their mumbo jumbo on how they have managed to but Mr Buffett’s brain into computer program and now achieve the same results as the genius trader just does not make sense. First, because Binary Options trading and Warren Buffett are two different things.
Second, here are Warren Buffett’s trading techniques (in his own words):
” I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”
“Our favorite holding period is forever.”
“If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.”
How that relates with 500 trades per day by the Buffett Software?
Warning Sign #5: Fake Award Badges
Look at these 6 fake awards below:
First, these badges are not clickable (meaning, they’re fake). Second, what do these messages mean?
- Copy Buffett Software (everybody can write that)
- Top 5 Finance Software (awarded by whom?)
- 100% secured (by whom?)
- Best Quality Guaranteed 100% (by whom?)
- etc., etc.
Obvciously, they’re nothing but empty slogans to make impression as if the software is somehow credible.
Warning Sign #6: No Safety
Not only the award badges are fake. The security icons are also fake (try out – they’re not clickable). It means, in reality the website is not even secure for any kind of transactions.
(not clickable security icons)
False Promises – Start living like Warren Buffett
News are about Warren Buffett, not Copy Buffett software scam
Warning Sign #7: It Connects You With Unlicensed Scam Brokers
Although there are honest and trustworthy brokers, they don’t allow to use them. There is a reason behind it.
Binary Options trading platforms (like the Copy Buffett Software) make deals with certain brokers only. It’s like a win-win situation between the two. When you sign up, create a new trading account and fund it, the broker gets a new customer. And the owners of the binary options robot earn commissions from their broker.
So it’s very important for them that you sign up with the “right” broker – THEIR broker.
And here’s the problem. Copy Buffett App connects you with shady, unlicensed scam brokers like Glenridge Capital, Tradorax, Porter Finance, Secured Options, etc.
See! It’s not only about the Binary Options trading bot. It’s also about the broker. Therefore, make sure you check the background of the broker too, before making any deposits.
Warning Sign #8: No Contact Page
Search as much as you like, you will find NO contact information in their website (outside of the members only area). Does it build trust? Of course not. If they are legit and honest trading company, why hide contact information from potential customers?
Neither you can find any Copy Buffett Software support outside of their members only area? Again, it does not build trust.
Warning Sign #9 : Their Website Is Bearly a Year Old
While honest and transparent companies can be very young, the truth is, scam sites usually have very short life span. They pop up, reap as much as possible, and disappear. Or they pop up again with a new name, design and narrative.
If it were 10 years old site and still successfully operating, you would be somehow sure that it’s a legit company. But when it’s barely few months old, how on earth can you tell whether they deliver their promises?
Warning Sign #10: No Free Demo
That’s another sign which should make you extra cautious. Why don’t they offer a free demo? They give you their app for free but the money that you trade, is yours. Yes, you need to dig into your own pockets to figure out whether the “free” trading app makes or loses your money.
Expect a rather expensive experiment.
Warning Sin #11: It Has Nothing to Do With Mr. Warren Buffett
Make no mistake – The Copy Buffett Software has NOTHING to do with real Warren Buffett the investor. If it had, the software would be featured in prominent websites, magazines, newspapers, and other news channels (like Forbes, Entrepreneur, HuffPost, Mashable, etc.)
But there’s nothing. Absolutely nothing. These articles in the Buffett App’s home page – Yes, they’re are real but they talk about Warren Buffett, not about the Copy Buffett App:
You see! Everything is designed to mislead you and make an impression as the world famous Warren Buffett is behind the product… As to give you a warranty that THIS product is real.
While it is not.
Warning Sign #12: Fake Positive Reviews, Promoted by Shameless Bloggers
Like other Binary Options scams, Copy Buffett App runs its own affiliate program. As a result, you will find tons of “positive” reviews, all touting how good and profitable the Buffett software is. To prove their case (and build your trust) they throw in lies like this one here (taken from one of such affiliate reviews):
These bloggers don’t care about you. They are willing to throw you under the bus for personal gain. I already showed you above that Jeremy Fin, the founder of Buffett app is a fictional character. So how on Earth is he a verified person?
Copy Buffett App Complaints
Let me tell you, the following complaints make me very concerned (and should make you as well):
Read this too:
The big trouble is, when you sign up to create a trading account, you have to give them your phone number. As a result, they start to mercilessly bully you – all that to pitch you making bigger investments into their system.
Be careful NOT to give them your credit card details!!! Never, ever do that!
After doing my research I discovered:
- The Copy Buffett Sofware has NOTHING to do with real Mr. Warren Buffett. In fact, I am wondering when he will sue them for using his name and photos to promote their scam.
- Everything you touch is fake. Everything.
- There are plenty of complaints circulating in the internet how people have lost their investments.
Here’s what Mr. Warren Buffett has to say about it:
“Honesty is a very expensive gift. Don’t expect it from cheap people.”
What About You?
What is Copy Buffett Software about? Well… It’s about lying, lying, and lying.
Do you have a personal experience with their trading robots that you want to share? I am curious what impression you came away with. Good or bad?
Please leave me comment below. Thank you :)
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