Push Money App is new binary product that has a high potential of being a scam. Binary world is getting new traders every day, but they are target of scam software products that are trying to rip them off. Binary options are popular because they are simple. More advanced version of binary trading are binary automated trading programs that can trade instead or for traders. Unfortunately, there is also a high number of scam programs that promise impossible results.
People register without much research and often they run into scams. BinaryRobot.org Team is constantly searching for online trading products that may harm your investment funds. Read more about Push Money App and find out what we have found.
What is PushMoneyApp Story About?
If you have already heard about Push Money App we hope you haven’t been scammed. To understand what is their site all about we have registered with PushMoneyApp to show you how it looks. We have entered our email and apparently they have approved us access to their site, with another video where Dennis Moreland & Mike Callahan welcomed us. They talk about their business and how they started PushMoneyApp. Apparently they are partners with some of the top brokerage companies in the world, but they never said names of that companies. Their story also talks about some third partner that stole their trading application and scammed them.
It is interesting how they play on trustworthy cards just to convince traders they are trustworthy and transparent. But the story is to good to be true. We have never seen any application that is able to make money just by registering and activating auto play.
PushMoneyApp Beta Testers
Beta testers or so called “chosen people” that are invited to PushMoneyApp video to show others how they have profited from this app. We are assured they are actors, because video looks like low budget fake story. According to beta testers, MoneyPushApp helped them to make over $1 million in first 180 days of using the app. Nobody knows how it is possible, but they are all happy and have new houses and cars. There is no proof that beta testers really got their profits.
We need to point out that PushMoneyApp product has not been properly described. Denis and Mike are constantly talking they have developed best binary software in the world and that traders just need to register in order to start receiving money. We have registered with our email address and we couldn’t even see the platform before making initial deposit with a broker. After our registration, we have received a mail with login details and further steps.
PushMoneApp has automatically registered us with brokerage company called Dalton Finance which we still haven’t reviewed. In order to proceed, first you have to deposit at least $250 to get started. BinaryRobot.org still hasn’t researched Dalton Finance broker, so we have stopped at first step to save our money.
PushApp video tells traders that Mike and Dennis will send you $1000 bonus after you watch the whole video and if you deposit with Dalton Finance through PushMoneyApp they will give you a check on $10.000. Sounds impossible to us. Every trader probably know that if you accept some bonus promotions from brokers (or in this case from owners of this application), there are certain terms and condition rules you have to follow in order to get the bonus. PushMoneyApp company has provided very basic terms and conditions and there is no information about any bonuses mentioned. Something is not right when you can’t get all payment details and bonus information. At least we have managed to find company name: Push Money Company, 15605 7th Ave., Seattle, WA 98119, United States, but we are not sure if this is their real address.
Free App for Traders, But Selling it For $100,000 to Hedge Funds
Story about PushMoney App continues to be unclear when Dennis Moreland talks about selling his software for $100.00 to hedge funds. Why he charges huge amounts to hedge funds and traders can get it for free? If this is true and if you own a hedge fund, we recommend you to introduce yourself as private person, because you will save $100,000.
Here is one funny fact about PushMoney customer support. At the beginning of video, Dennis Moreland is in his house and talks about changing his life with this binary software. He talks about his business partner and sits in car with his wife Amy to get to his house. In one moment, telephone starts ringing and he answers the phone in front of the camera. Apparently he is answering the phone to one client who just opened new account with PushMoneyApp. Client is calling because she was instructed to call number in her mail. So, if you have any questions, feel free to contact them, because you will get the director of PushMoneyApp company. Just try to find the number, because we haven’t found any.
According to our analysis, we have concluded that PushMoneyApp points to possibility it is a scam. There are a lot of promises without much explanations about how this product really work. Terms and conditions are pretty vague. We have found the paragraph that mentions how terms are governed by the laws of Estonia, although the company is allegedly registered in USA, where we have found two different places:
- PushMoneyApp, 1000 5th St., Suite 200 Miami Beach, FL 33139 (On official website)
- Push Money Company, 15605 7th Ave., Seattle, WA 98119, United States (From confirmation email we have receieved)
- Push Money Company, 1500 SW Broadway Portland, OR, 97201 (on video where they show people’s checks)
Be aware there is a lot of companies out there that want to steal money from you. If you are trading binary options most important is to select a proper trustworthy broker that will offer you transparent information and services. BinaryRobot.org recommends traders to invest only with regulated brokers and tested auto trading robots that can provide safe trading environment. If you are searching for that kind of software, register with Binary Options Robot where you will find respected binary brokers.