Free Money System Review
Product: Free Money System
Website: www.freemoneysystem.co
Rating: SCAM
Will the Free Money System Scam you?
If you are reading this review then I guess you have watched the sales video of the Free Money System. The sales video has some bold statements and a very funny story line to it. I could not help but to think that this website is a major fluke.
I have a similar review about The Millionaires Blueprint which is actually the same as the Free Money System. I guess the owner of this website had to change the name because people found out about the big lie he is promoting. Now I do not think that it is hard to say that the Free Money System is a scam, but if you would like to know about the reasons that support my statement, you can read the review further.
The Story
The “owner” of this product is Walter Green or also called the Green Machine. He is a washed up lawyer that could not pay off his mortgage because he just lost his job. He then met with his cousin (who is a so called millionaire) who introduced him to a secret loophole that is making him millions online.
Walter got access to this program and started to bank big and in 3 months he was a millionaire and decided to share this secret system with everyone. I really doubt if all of that is true.
What is Free Money System really?
This “product” is a sales funnel designed to promote binary options brokers. Each time you deposit money into your brokers account, the owner of this program will earn a commission. You will need to deposit at least $250 into your account before you will get access to the Free Money System.
This is all a downright lie just in order to to make money from you. This product does not even exist.
Pros
Unfortunately there is not one good thing to say about this product.
Cons
1. Ridiculous claims. This is a no-brainer because you will never become a millionaire in 3 months with trading. Maybe if you already have the experience and capital (with a bit of luck of course) you might be able to do it. Just look at Warren Buffet because he is making millions each and every month.
2. Countdown timer. This is the next big flaw that I saw with this product and that is that it rushes you to give your personal information. Nowadays you cannot afford to pay for a product without reading the review first.
3. The product does not exist. I already explained what the Free Money System really is.
Is trading really for you?
Online trading is not something that is easy to do. I studied Safex Trading (which is grain trading here in SA) and it has the same principles as Forex Trading. You have to constantly study the markets to look for the supply and demand of a specific commodity to estimate whether the price will rise or fall. This is called Fundamental Analysis.
The second type of analysis is called Statistical Analysis where you have to look at graphs the whole day in order to spot a trend. By the type of candle stick you can have an idea whether the currency, stock or bond is going to go up or down, but you will never be able to trade with 100% certainty.
It’s also very stressful and there will be some days where will not make a dime because you are reliant to fluctuations in the market. There is software out there that can increase your winning ratio from 50% to 60%. Other than that, I do not know of any software that can guarantee a profit.
You also have to wait for trades to open so that you can place one. Sometimes you have to wake up at 1 am in the morning to wait for a trade to open and then there is still no guarantee that you will make money. Some days it will feel like you have won the lottery and some days you will be so depressed that you cannot get out of bed.
My way of earning a passive income
I know that there will always be risk associated with any type of business model that you follow, but the real trick here is to manage your risk. I found that affiliate marketing is a great business model that you can use to build your own online properties that will earn you a passive income each day.
The way it works is that you need to partner with other companies and in order to earn commission you need to sell their products. This model makes it easy because you do not have to worry about customer support or shipping because the company will handle everything. You just have to promote their product and you will earn money from each sale that you make.
There is also no complicated compensation plans such as that from mlm companies and that is why I love Affiliate marketing. The nature of websites is where the passive income comes into place. All you need is a place to learn how it all comes together.
>Click Here to Get Started With Affiliate Marketing<
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Hi there,
A zero product scam? oh my goodness. Saldy, on the internet I doubt that it is unique.
I must say this is one of the best review sites in the make money online niche. Probably because you are not afraid to call a spade a spade and call out scams for what they are.
Hi Viljoen,
It’s always good to see the truth being told about scammers. Because, no matter what, there are – and, unfortunately, always will be – people who will fall for these things, just because they don’t know about scams or simply too trusting.
I hate it when people make money on mistakes of others and can not thank you enough for writing this post. Nicely done!
HI. This does sound like a scam. I’m glad I have avoided it.
However, I was unsure form your article whether the idea was to get you into forex trading , and skim off your money form the trading or whether it was to get you to get other people into forex trading, like a pyramid scheme.
Either way, I am sure there are better ways to make money. These get rich quick schemes are never the answer. As the saying goes, if it looks to good to be true, it probably is.
This program was only created to get people to deposit money into the brokers account. The Free Money System is in essence a type of sales funnel.
Hi there Viljoen,
I don’t like sites that promise you millions in 3 months or pressure you with the countdown timer thing. They are just implementing the greed psychology in you and there is really no value to that for the buyers.
It’s all to fulfill the seller’s objective which is to con you. That’s how all scam sites work so beware.
Great article! Sadly the program Free Money System is just one of the many “get rich quick” schemes to surface on the internet. All these programs “promise” huge financial gains with little to no work, which sadly we all know is just not real.
Making any form of money, whether online or off, requires a lot of time and effort. You will not get rich overnight, unless you happen to buy the winning lottery ticket or receive an inheritance from a relative, but even the probabilities of those are small. I know its easy to want to chase fast cash, but sadly fast cash doesn’t truly exist. Time and effort are always needed, if only more people would realize that.
Wow, interesting review. I cannot believe the nerve of some people to try to scam others like that! Do you have any recent news about Free Money System or about Walter Green who is scamming innocent people out of their hard earned money? How are you enjoying affiliate marketing?
Thanks for the info.
As a former commodities trader, it is a shame so many scams are related to binary options or forex trading. There is no reason to pay for the “privilege” of giving your money to an account manager just to become a trader. The trades themselves generate commissions for the account managers. So there is no such thing as a free money system!
It would be interesting to see if the countdown clock actually worked. Or does it recycle once it hits zero?
Hi Glen.
Most of these countdown timers are cookie based, so you have to clear your browser to let it restart again.
Wow, earning millions in 3 months? Sign me up!
..no that is impossible. Even if it is true, it is because it is the fruit of the labour that started off years ago. Making such big claims like that is the first red flag for me. I have come across plenty of scam programs like these and the worst ones always place a timer just to pressure you. The timer is false, just refresh the page and you still have time because the timer will just go back to its original timing. Thanks for sharing this with us! Expose more scams!