Is Blazing Trader A Scam? ☠

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Blazing Trader Review

 

Name: Blazing Trader

Website: blazingtrader.com

Price: Minimum $250

Owners: Johan Strand and Lars Strand

Overall Rank: 1 out of 5  ☠

My #1 Home Money-Maker: Click Here


is wealthy affiliate for beginnersNOTE: It is critical for you to know I am not an affiliate of Blazing Trader. Rich Artist Starving Artist gives truthful, genuine reviews. My top priority is providing you with quality, entertaining, and informative reviews and I am not influenced by anyone or anything.


People ask me this a lot.  Is Blazing Trader A Scam?  Here we go again.  You bet it is and here’s why.

Blazing Trader is yet another binary options auto trader that guarantees you’ll be rolling in cash in virtually no time at all while leisurely sipping cocktails on the deck of your yacht.  Okay, what genie’s lamp did they rub? Seriously?  They claim to give you a significant advantage over all the other binary traders and bank 93% of the time.  Not!

 

What Is It?


is blazing trader a scamThe software is the brainchild of brothers Johan and Lars Strand.  Johan, the scammer in the video, claims to be an ex-professor at the National Institute of Technology in Zurich in the Department of Applied Mathematics.  Yeah, right.

It came as no surprise that, after doing a little research on this shyster, I couldn’t find any connection between Johan and the university neither on the official university website nor on Google.  Hah!

I am absolutely, 100% sure that Johan is a fake name and everything that spews from his mouth is utter BS!  Do you smell something?

 

Don’t Play With Fire – I Mean Binary Options!


Comparable to a casino, there are a lot more people losing their shirt than winning a luxury lifestyle with binary options.  It’s hard to make any money because the financial marketplace is so erratic and the broker has a massive advantage over you.  For instance, if you happen to win a trade, you win anywhere from 75 to 80%.  If you lose a trade, the broker keeps it all and you’re left with nothing.

is blazing trader a scamI never, never advocate binary options to anyone because most people don’t know what they are doing.  They just don’t have the skill or knowledge of financial markets.  Likewise, even highly skilled traders who’ve been around the block lose money so this is absolutely not a stable strategy.

If you can’t afford to part with your cash, then don’t even entertain the thought of trading in binary options.  The idea of getting rich quick is certainly tempting, but the danger of losing more than what you predict to win is considerable.

is blazing trader a scam

 

Does Blazing Trader Remove the Risk?


The software claims to detect arising patterns in the movement of stock and make trades with a great level of accuracy.  Even though the software can identify patterns and compare them with previous outcomes, IT CAN NEVER ANTICIPATE IMPENDING RESULTS!

So, to answer the question, no, Blazing Trader cannot eradicate the severe risks involved.  As a matter of fact, they can influence the results and create losses making the process even more hazardous for you.

Sadly, no auto trader exists that can foresee asset price movement and increase winning trades.  A lot of these outrageous systems simply line the pockets of unscrupulous promoters and brokers such as PRIZM, Brooks Blueprint and Pay My Vacation to name a few.

is blazing trader a scamOkay, let’s picture what would happen if you made a trade once every hour and then turned around and reinvested all your profit into the next trade.

With a starting investment or $250, 75% return on investment (ROI), 93% winning rate and 7% break even, this is what you would wind up with:

  • 2 Losses and 22 Wins
  • $31,749,656.51 (utilizing compound interest)

So, rather than $20,000 per day, you should earn $30 million per day if the system actually worked as publicized.  No broker could ever afford just one person making crazy profits such as this.

Likewise, when it comes to a trade, there is no such thing as “break even.”  With binary options, you either win or lose.

 

What Does Blazing Trader Get Out Of It?


Actually, it’s rather simple.  When you deposit a minimum of $250 with the broker, good old Johan and Lars, the owners of Blazing Trader, make a huge commission.

Check out the payment form …

is blazing trader a scam

This is why you get the software for free.  It also explains why the internet is overflowing with such worthless software …The more people who trust these scammers and their bogus promises, the more cash flows into their pockets.

 

The Bottom Line … Is Blazing Trader A Scam?


Blazing Trader is yet another typical binary options scam.  They vow you will never, ever lose a trade, but that’s utter garbage as a system will never exist that gives endless cash for doing utterly nothing.

You might as well flush your money down the toilet instead of depositing it into the broker’s account and switching on the auto trader.  At least, Johan and Lars won’t make anything off of you.  And, who knows, maybe some needy person will find some bills floating in the gutter and buy themselves a meal on you.

So, I hope I’ve answered the question, “Is Blazing Trader A Scam?”  Have you fallen victim to a binary options scam?  I’d love to hear from you.  Simply leave your comments below.

 

Before you go, I need to ask you a few very important questions …

Are you searching for a GENUINE Online Business Opportunity?

Are you tired of struggling online and want to once and for all succeed by receiving first rate, step-by-step training along with everything you could possibly need to succeed wrapped up in a complete package? …And, did I mention that it’s FREE? Yes, FREE!

 

Click Here To Learn More About This Amazing FREE Opportunity!

Here’s to your success!

~Barb

Wealthy Affiliate

Is Blazing Trader A Scam?
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Summary

SCAM!!!!!!!

Save your money and spend it on something worthwhile. Blazing Trader preys on dreamers and desperate people just trying to make ends meet.

STAY AWAY! FAR AWAY!

6 Comments

  1. Ilias

    Hi Barb and thanks for sharing. I was thinking of joining Blazing Trader before reading your review, but you saved me some money today.

    I did not know that Johan Strand is a scammer. He seemed okay in the video. You’re right. They tell you lies about themselves so you trust them and then they take your money.

    • Barb

      Hi, Ilias! Thanks for dropping by and leaving a comment. I love hearing from my readers.

      I’m so glad I helped you avoid being scammed. You made my day. That’s what this blog is all about – stopping people from getting ripped off.

  2. Tomas Bishop

    You’re doing a great justice! I’m sure a bunch of people were getting ready to buy into this scam.

    I want to thank you on the behalf of everyone that you helped with this review.

    It’s really crazy how much garbage is out there on the internet, but it’s awesome having bloggers like yourself to bust these scams for what they are!

    • Barb

      Thanks,Tomas, for dropping by and leaving a comment. I love hearing from my readers.

      You are quite welcome! Ultimately, I’m here to help. If I can stop even one person from being scammed with my blog, I’d be delighted, but my mission is to help as many people as I can. I know what it’s like to be down to your last $1 and be tempted by the latest scam that promises you a luxury lifestyle if only you handed over whatever money you have left to your name. These scammers even go so far as to tell you to take out a loan to pay for their bogus product because you’ll make it back in no time. Yeah, right. Stay away! Far, far away!

    • Barb

      Hi, Bradley!  Thanks for dropping by and sharing.  I love hearing from my readers.

      I’m so glad that I was able to help you avoid being taken by Blazing Trader and you found Wealthy Affiliate.  It truly is the best online business opportunity out there.

      Here’s to your success!

      Cheers!

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