Today I’m looking at a binary options oil trading software by Lisa and Jason Stephens, Sapphire M. According to the sales page, the clients of this service are earning over $7400 a week and you can test it for free on a $500 demo account. Him this is an extremely aggressive promise, and in this market promises like these are frequently left unfulfilled.
There is no information regarding the address of the offices, but traders can get in touch with the support team via info@sapphire-m.net. For a full list of trading products, with detailed ratings by the Binary Today readers, go here.
Sapphire M Review
The first thing we are told about this service, is that “Sapphire M is a unique tool designed with the only purpose in mind: to earn via crude oil trading.” They claim to have an underlying algorithm that is detailed enough to analyze price fluctuations while removing any market noise that may get in the way of their strategy. This is all that we are told about the software, and the strategy that it utilizes. As an actual trader, I can tell you that there is no real substance here. Anyone can claim to have an algorithm, or strategy but if they don’t explain it to us, it’s hard to believe that it’s real.
I say this because it’s extremely common in this market for affiliate marketers to try and make a quick dollar promoting a trading system that they aren’t even sure works. It’s very possible that this is what’s going on here.
Fake Badges
A common issue I have with binary options products like Sapphire M is that they use lies and deception to try promote their products. Just look at some of the badges they are providing.
- Approved by Verified Binary
- Excellence Customer Care
- 100% Secured Site
None of these badges are actually real at all. There is no verified binary, and you can go in your browser right now at the top of your screen and see that this isn’t a secured site. Vendors that use this type of marketing are only doing themselves a disservice because it hurts the reliability of the entire story they’re trying to tell.
Testimonials
Like many other binary options products, there are a collection of testimonial videos. There are 8 of them in total, but it’s really hard to trust a testimonial when they can be purchased so easily for $5 from multiple websites.
There’s also the fact that the videos don’t even work. Every time I try and click on a video, the tells me that an error has occurred. This is another red flag.
When investing, you want everything to be straightforward and working properly. Why invest money in a company that isn’t giving you everything that they’ve got.
Trading Results
There is a trading results box that claims the Sapphire M system has a profit ratio of 84%, with 91% ITM this month. We are shown the asset, the expiry time and whether or not the trade was in or out of the money. We are never shown the entry time, nor are we shown the price. I cannot verify or trust these results at all until we can see the actual prices.
Conclusion
There are just way too many discrepancies with the Sapphire M sales page for me to take this product seriously. I’m going to give this product a 1.3 rating out of 5. As I continue to write more and more reviews, I’m only going to get more specific with what I’m looking for and what I expect from vendors in 2017. As far as I’m concerned, if there is a single lie on the sales page there is really no point signing up.
Please let me know what you think about this review, and leave your comments about the product as well.
