You are wondering if Centument LTD is the real thing. Please read this review and be informed about forex scams like Centument LTD. Yes, I have said it. Centument LTD is a scam. While I was writing this review about Centument LTD, the first page of google search engine for the search result for Centument LTD is filled with reviews sites that only seems to promote this forex scam. It is troubling to see so many review sites in the the forex space perpetuating such schemes.
Name: Centument LTD
Price: min Deposit of $250 – $350 usd
Owner: Gerald Reed ?
Pro: Easy to Spot Scam. Just read the user disclaimer discreetly located at the bottom of the site.
Con: Most Binary Software Review Sites are recommending it despite it being a scam.
My Take on Centument LTD Binary Option Trading Software
I do believe that you can win more than 80 to 90 percent of your binary trades but it comes with lots of experience and correct knowledge. Technically, you can program softwares to mimic that experience and knowledge. However, my experience with binary auto trading software so far tells me such softwares makes lots of mistakes which will result in you losing more than winning.
I have a theory. If some genius developed a binary software that can predict binary signals with 80 to 90 percent accuracy. He is not going to share it for free. Also, I believe if such a software do get used by the masses, it will just lose its accuracy.
So yes, this is me saying I generally don’t believe in auto trading softwares.
What is Centument LTD trying to Sell?
You know that auto trading softwares I talked about that can predict binary signals with 80 to 90 accuracy? It turns out Centument LTD is selling such software that I called BS on. No, not selling. In a very typical fashion, Centument LTD is going to give you free access to use its software that will make you look like a trading genius.
In a typical forex scam manner, Gerald Reed of Centument LTD is going ask you open a binary brokerage account with a firm that has already been conveniently linked to his software. All you have to do is make a min deposit to start trading with his software.
To be fair, I have not tested this software of Centument LTD. You can argue that my bias is base on my bad experience with binary trading software while Centument LTD could very well be the real thing.
However, I do not find the need to make a $300 usd deposit with some ill repute binary broker and having my deposit wipe out just to prove that Centument LTD is a scam. Not when it is so obvious…
The Ex Wall Street Trader Facade
Scroll all the way down on the front page of their site and you will see this discreet statement.
And proof that one must always read
Just the first 2 paragraph is enlightening enough. Basically, it is to inform you that the sales video is fake and Centument LTD don’t even own the binary option signal software that Gerald Reed hyped about.
The disclosure statement goes on to explain that all you see is not meant to encourage you to trade in binary option so it is your fault for believing their marketing gimmick and Centument LTD is not liable for any financial loss you suffered as a result.
Plus everything else to make you think you will be hanging out with the big time Wall Street traders.
Fake accreditation, fake testimonials. I am pretty sure Gerald Reed is a paid actor.
Scam binary option sites rarely gain traction by itself. Their methods are actually quite typical and easy to spot if you seen enough of it. Yet interestingly, supposedly trustworthy review binary option sites tends to recommend such scams rather than warn against them. Makes you wonder who is real baddie here.
Unfortunately, these review sites also tend to rank well on search engine results despite their nonsensical review. When I google search for Centument LTD, the first page result was filled with review sites recommending Centument LTD. Makes me wonder, if this review ever hits the first page of Google SERP, I am still only 1 out of 9 review that gave it a scam verdict.
Knowing all the scam stunts they are pulling here, would you still bet your money with Centument LTD? I hope not. There are certainly better ways to make decent money with an internet connection.