Secret Millionaires Club is a piece of automated binary options trading software that claims to be able to generate an income for users.
What does the product offer?
According to the unnamed marketer, Secret Millionaires Club is a product developed by a pair of ex-professional traders, one of whom allegedly worked for Stratton Oakmont in the 90’s. In order to use Secret Millionaires Club though you have to make a deposit through their chosen broker, in this case OptionRally.
How does the product work?
There isn’t really any discussion about how Secret Millionaires Club works which is pretty typical for this kind of product. Instead the sales pitch focuses on selling you a typically implausible story about being given access to the system as the result of a chance encounter with an old acquaintance.
What is the initial investment?
Technically Secret Millionaires Club is free to access but in order to gain access to the software you have to place a minimum deposit (typically between $250 and $500) through a selected broker.
What is the rate of return?
The marketer for Secret Millionaires Club claims that users will typically make over $1,000,000 in 6 months. He himself has allegedly made $1,135,659 in this period.
Secret Millionaires Club is part of a larger ongoing trend in which miraculous claims are made about the abilities of a piece of free to access binary options trading software. This comes with the condition that you must use a chosen broker, usually because they are claimed to be the only trustworthy broker. The reality is that these brokers will typically pay commission to marketers for each referral.
In terms of the software there is very little evidence that any of it works as advertised. As always with this kind of thing, I recommend avoidance with extreme prejudice.