Walter Green’s Free Money System Review: Smart Scam?
What the..? Yet another video-based website offering me the chance to become a part of an exclusive club of individuals who earn a fortune online with just the few clicks of a mouse?
That certainly appears to be the case with Free Money System by Walter Green, and fortunately I happened to visit the website at a time when there were still a few spots left. Funnily enough, it said the same thing when I returned 2 days later!
Let’s crack on with my review of a product that makes promises that will no doubt have people reaching for the ‘Join Now!’ button before they even have chance to fully understand what they are getting involved with.
Promises just like this one…
What’s not to like?
Free Money System is already showing signs of concern, but am I simply being swayed by very similar products that I have reviewed recently? Let’s get some answers.
Name: Free Money System
Program Type: Trading binary options
Cost: Free to join then $200 minimum to unlock plus ongoing running costs
Owner: (Portrayed to be): Walter Green
Free Money Machine overview
As mentioned at the start of this review, the Free Money System website contains very little in the way of readable content. A number of scam factors are present, and your focus is quickly fixed on the all singing and all dancing video that greets you.
At just over 34 minutes long the video is shorter than most, but the style and direction of it is very similar to those I have seen recently.
In this one you get to meet Walter Green – the self-proclaimed green machine.
Within minutes he portrays himself as something of God amongst online income generators. In fact, he wastes no time in telling you that he has created 152 new millionaires, earning $189 million in pure profit – in the last 90 days.
This, apparently, has all been made possible with the occasional click of a mouse for those who use the Free Money System.
By the time you reach the end of the video you will have witnessed a hard-hitting sales pitch with little in the way of detail. You also get to meet a variety of people who all claim to be millionaires thanks to the Free Money System.
They are of course all actors, but for those who are in desperate need of a break…they might sub-consciously decide to ignore this very obvious fact.
And let’s not forget that all this is being offered to you for free…or so it seems.
Once you hand over your email address it is explained that the Free Money System process is a binary options trading program, and to initiate the system you will need to pay a minimum of $200.
That’s not a one time fee…that’s just to get your foot inside the Free Money System door.
Trading binary options? What’s that?
Let me try and keep this as short as possible.
Within the Free Money System program, trading binary options relates to the prediction of the value of stocks and shares. It’s actually a simple process where the value of stocks or shares are predicted to do one of two things…rise or fall.
You basically make a prediction for x amount of dollars, and if you predict the right outcome you win a predetermined amount. If you are wrong you get nothing.
This basically makes it a gamble, and whilst the process of trading binary options is not a scam, it is not for the faint-hearted or people on a tight budget.
When you go through the process of signing up with Free Money System you are instructed to choose between one of 3 binary brokers: GTOptions, XB24 or anyoption.
These are all well-known online brokers within the industry, but the most important point to note here is that they all pay considerable commission payments to anyone who introduces a person to their program.
So…if you decide to join Free Money System and open an account with any of the above, Free Money System will earn a commission payment every time you trade. This is how they generate what is likely to be a substantial and ongoing income from everyone that joins.
But let’s not forget an important part of the process…the actual trading. You and I are unlikely to know where or how to place our “bets” so this is a job that only an expert can perform with any degree of understanding.
This is where Walter Green calls on his “Dream Team” of experts, who are responsible for the millions earned for the…well, actors within the video.
Consider these points when evaluating the roles of Walter Green’s experts…
(1) How much of an expert do you need to be to make a 50/50 decision?
(2) The greater the cost of your advised trade, the more the Free Money System team earn in commission payments.
(3) Regardless of if you win or lose, Free Money System makes a profit (from your money)
This is actually a very smart way for the Free Money System team to make a lot of money from unsuspecting people who do not realize that their done-for-you-in-3-months-millionaire-status is primarily a system that generates Walter Green and his crew a regular flow of commission payments.
Further proof that they want you to spend big so THEY can earn bigger becomes even more obvious once you choose a broker to work with. All of a sudden it is suggested that you rethink that already-excessive $200 entrance cost and invest much more (converts to $1680 – $8410 at the time of writing).
BUT…will it make you a millionaire?
During my research I trawled through many websites related to trading binary options and I was shocked by what I found.
In fact, plug “what is trading binary options” into Google yourself and you will see that it is as risky as walking into a casino with your life savings.
Be warned though…you might have to wade your way through websites claiming to tell you the truth, only to convince you to sign up to a broker that earns them commission payments.
But if you have cajones of steel, like to live on the edge or even have enough cash to fund a crazy Free Money System journey, do you actually stand any chance of making a million green ones?
Yes there is a chance, but only if you have a VERY large pot of money to fund a journey filled with intense risk. About $500,000 should do it.
If you want to consider an equivalent gamble, step up to a roulette wheel and put your life savings on red or black and then keep everything crossed. Please don’t do that really…no REALLY, please don’t!
Free Money System summed up in one picture
Keep your $200 dollars in your pocket
Seriously, don’t even think about investing at least $200 in Free Money System…it will not make you rich.
Treat your partner to a nice gift, pay off a couple of bills, buy your kids a new toy, or if you want to learn a genuine way to make money online, read how I do it and yes…you still get to keep your $200.
Whatever you do, don’t get sucked into the Free Money System by Walter Green. If you do your hard earned cash will do just one thing…line the pockets of the people behind these programs.
They really don’t care about your success, they only care about how much money they can extract from your pockets.
Have you experienced Free Money System by Walter Green? If so I’d love to hear your personal thoughts in the comments section below.