Medallionaire App Review – Legit or Scam?
Just like many things out there, Medallionaire App promises you the moon for a small “investment”.
According to the owners of Medallionaire App, you can get in and start earning a ton of money and they even put a “guarantee” on an amount. Before we get into that, let me tell you what they say they are.
Medallionaire App is an app that you can download and once your account is all set up, with your initial $250, you set it to auto and it does all the binary trading for you. You do not need to have any knowledge about binary trading at all and that is exactly how they want it.
Here is something from their FAQ on how it can help their customers make money.
As you can see, this is where their guarantee comes in. If you look at the math of all of it, it is an average, it does not really guarantee you make anything from your $250 investment with one of their brokers. See, you don’t even use whatever broker you want and then link it to the app, you have to use one of the ones listed on their site, which to me is another red flag.
As usual with many of these scams, practically nothing is clickable except for the sign up buttons, but you better hurry because it is there for only a limited amount of time and then it won’t be free, unless you refresh the page that is.
They have all these claims of real people making real money by using the Medallionaire App, the only problem is that most of these people are probably actors or actresses that were paid for the use of their photo. Don’t believe me? Look on Medallionaire’s site and you’ll see this
Ok, you’re probably wondering what’s wrong with this. Nothing, if it were true. Sadly, Rick Cordany is an actor or just some guy that they used his photo. He is not a real investor in Medallionaire App, they just used his picture. Here is the page where is Shutterstock photo is, they obviously paid to use his photo or they were able to find a way to take the watermark off. If this Rick guy is not a real investor, I’m guessing that the others shown there are not either. OK, some may say that the picture may be fake but the testimonial could be true. I say that is possible, but do you really want to trust someone who tries to pass something fake off on you? Add to the fact that they put that verified in there, trying to make it look official.
Now if you do a search for Medallionaire App you will come across many reviews to say you should use it or you shouldn’t use it. You will probably find some like mine and then you will find others that will give it a glowing review, until you open up the link and they all say the same thing and want you to click a link. They don’t really say anything about it, it’s probably something they were told they could post to try and get others to join.
Many may wonder how they make their money if they guarantee you a specific amount every week. Well, we went over that “guarantee” already, but they make their money off every single one of the people they get to sign up and deposit their $250 and any other money that people may deposit after that. Many will leave after seeing that $250 investment dwindle away, but others may stick to it for a while and deposit more money.
They make tons of money while their investors make little to nothing, don’t believe me? Take their stated 7520 members and multiply that by $250, that is $1,880,000.00 that they have made off of just the initial $250 investment you must deposit, remember that account is linked to them. Medallionaire App is a huge scam that people should stay away from, no need to use your hard earned money to line their pockets.
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