Michael Hill’s Fashion Method is a binary trading signal provider site that provides trading signals that traders can capitalize on to make profitable trades. It works to analyze the market conditions and uses a pre-set method to provide trading signals for the software. While this is certainly a strange name to give to a binary trading options site, it is based on the assumption that the trends in binary trading are similar to those found in fashion. This site bases its trading signals on the “trends” in the Forex market. However, there is more to this than the average user may see. While the software is free initially, there are many other catch backs about this site that you should know about before investing in it. As with all binary trading sites, the correct strategy and solid trading results are required as proof that the signals are profitable. In addition to this, the brokers must be registered and trustworthy in order to deal with them. In this review, all these aspects will be analyzed regarding Michael Hill’s Fashion Method so that you can make an informed decision on whether to invest in this site or not.
Michael Hill’s Fashion Method had only been registered for about a few months before they became quite popular on the internet. This was not the result of a successful strategy, however. It was more due to the fact that they had invested a lot of money in paid advertisements, which gives the impression that they are quite successful. While the site claims that the founder goes by the name of Michael Hill, there is no history of such a trader in any trading circles, so his real background remains a mystery. Unfortunately, they do not provide much contact details either (unless you have signed up or are willing to make a deposit). However, you can fill your query on the contact form on the website. The website address is fashionmethod.com. Other than that, there is no actual contact details or physical address, so it is a mystery of where they are based.
Contents
Michael Hill’s Fashion Method review
When you visit the site of Michael Hill’s Fashion Method, you’ll notice that they have focused a lot on a specific profit that you can make. They claim to help you make an extra $2400 a day with a mere investment of $250. That’s almost a return rate of 1000% a day. There is no legitimate trading system that will make you such profits, so you should be wary. It’s quite simple to sign up for a free account, after which you will be prompted to deposit $250 to start trading. They do not give you a choice of which broker you want to use, so it will be out of your hands from this point onwards. Unfortunately, the broker that this site works with is not registered and has a shady record, so you should take note before investing.
Strategy
Another thing that strikes one about Michael Hill’s Fashion Method is their supposed trading strategy. This is based on a trend system where the software provides you with signals based on certain “trends” in the market. Unfortunately, there is no such thing as a trend in binary trading, so one can only wonder how this strategy works.
Analysis
- Company: Michael Hill’s Fashion Method
- Product: Trading signals
- Minimum investment: $250
- Trading strategy: Trend analysis
- Trading results; Unverified
- Customer Feedback: Negative
You may be interested in looking into other similar platforms…German Binary Robot, Ad Revolution, Redox Trade and Forex Fury.
Trading Results
Unfortunately, Michael Hill’s Fashion Method have not provided any verified trading results to prove that their strategy actually works. Even though they have been trading for a short while, they should have some trading data that can verify their trades, especially if they are making such profits on a daily basis. However, this is not the case, and you will be disappointed to know that the testimonial of customers claiming to earn significant profits is false as well.
Client Feedback
Michael Hill’s Fashion Method’s customer feedback is extremely poor. Unfortunately, they have used a lot of advertising to convince customers to deposit and start trading. However, many customers claim that their signals are usually losing signals. Other customers claim that the broker made away with all their money before they could withdraw. The problem is that these brokers are unregistered, so it is difficult to get your money back from them.
Conclusion
Michael Hill’s Fashion Method certainly does not seem like a reliable site. Not only does it have an unknown trading strategy, but it cannot back up the strategy with any trading results. Besides, the owners are completely anonymous and it is very difficult to get into contact with them. Many of the complaints written by disgruntled customers turned out to be true, so be careful if you ever come across this site.
Have you been thinking about investing in this scheme? Or have you already have had an experience with them? We would love to hear more from you! So comment below…!
~ Trade Safely!
Michael Hill’s Fashion Method $250 (minimum investment)
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Price - 10%
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Strategy - 20%
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Trading Results - 10%
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Client Feedback - 10%
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Customer Support - 10%
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Pros
As a signal provider, they claim to offer smart ways to optimize profit
Cons
The exaggerated profit claim is way too unrealistic
The strategy has not been explained properly
The founder of this company seems to have an obscure trading background