Opus Formula Review
Name: Opus Formula
Website: opusformula.co (website is no longer up)
Price: Free to join with a minimum $250 – $300 deposit (depending on the broker)
Owner: Lex Simmons
What Is The Opus Formula?
The Opus Formula is another binary options trading system that has recently came out. The owner Lex Simmons (in the picture) claims you can make $4,000 per day, but I am sorry to tell you, that is extremely unlikely. He does not tell you the whole truth. The people that make that amount of money have been in binary options trading for MANY years.
The Opus Formula can run on autopilot, but that is how you can lose your money the fastest. Nothing is guaranteed in binary options trading, because it is just like gambling. You have to do your research on the trades to decide with the best option would be.
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How Does The Opus Formula Work?
You can use the Opus Formula on any device (PC, MAC, mobile phone, tablet). Every binary options trading system claims they can make you thousands of dollars on autopilot, and you do not need any experience. I don’t care what they say, making money online is NOT that easy.
Apparently they have an 81% win rate, but then they say they have 98% accuracy. So which is it? You have to bid and make trades with the market, and hope that you come out with a win. You will be gambling your own money, and they say that you will win most of the time. However, no one can accurately predict wins. Just like at a casino, you cannot guarantee that you will put your chips on the winning number.
After you sign up, they find you a broker to make trades through (many scams like this use the same brokers: Omega Options , Starling Capital, etc.) Then you have to deposit money into your account before you can start trading. Another similar scam is Mobile Binary Code .
There are 3 steps…
- Activate your account by filling out the registration form (name, number, email, password).
- Make trades.
- Enjoy the style of life that you never thought possible.
They try to make it sound so easy, but if you start to believe them then you will end up giving them tons of money. Once you put it on autopilot they will make trades for you, however you could lose trades and have to deposit more money.
Pros and Cons of The Opus Formula
Pros
- It is free to join (not counting the initial deposit)
- Seems easy to navigate
Cons
- They give you a time limit to join, and they say there are only 20 spots available ( common scam tactic ).
- They lie to you (you cannot make $4,000 each day, unless you know what you are doing and have been in the business for years).
- The testimonials are from paid actors.
How Much Does The Opus Formula Cost?
It is free to sign up for the Opus Formula, but after you join you have to deposit a minimum of $250 into your account. After you deposit the money you cannot withdraw any money until you have won a certain amount of trades (but you will not win). This system basically makes sure you fail so they can take all of your money.
They will make you believe that the more money you invest in the system, the more money you will make. However, this is not true. Again, they just want to take your hard earned money and you will not make back what you put in. They make a commission off of what you deposit, and the creators just take the rest. They only created this program to make money off of unsuspecting victims like you.
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Proof The Opus Formula Is A Scam
There have been MANY complaints about this system (which is probably why they shut down the site). More importantly, Lex Simmons claims he made just under 30 million dollars in a year. You should know that people who start to boast about how much money they have made is another common scam tactic . He is basically saying he makes more than the Kingpins on Wall Street.
There is a testimonial by Gferdi claiming he has made money with this system and that he is a “South African Entrepreneur and Mentor.” He is nothing more than a paid actor who sells himself on Fiverr ( see his profile here ).
They came up with another name for this system to try and trick you again called Quantum Code . It is the same exact scam and it is a never ending attempt for the owners to become rich, not for you to become rich!
Final Thought
The Opus Formula is a complete SCAM! Even though it is is free to create your account with them, you still have to fork over a good chunk of change to get started. They try to make it seem like anyone can make tons of money using this system, but you will NOT succeed. The support team does not help you or answer any of your questions. Do not invest in this system!
Verdict
I believe in “try before you buy” systems . Any program, system, or software that you can try out before you have to pay any money is a good program. Believe it or not, they are out there. The scams just over power them. Check out my #1 recommended program here . You can get started creating your online business today!
If you have any questions or have had experience with The Opus Formula, please leave a comment below!
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