What is FastCash.Biz?
FastCash.biz offers “software that makes you big money” trading binary options. With words like “You will be born again” and “we’re going to be taking you on a trip to a very special place”, the people that run this company are super confident that their trading platform is a guaranteed winner.
The advertising is heavy-handed: fancy car, private jet. “This is the lifestyle we get to live, and it’s freakin’ awesome. And this is the lifestyle we want you to live.”
The Company
Run out of Colorado and Miami Beach, Fast Cash.biz started just recently this year and aims to capitalize on the binary options market. Who is Madison Clark? And David Graham?
They appeared this year out of internet obscurity to offer us FastCash.biz. Madison Clark is the name of the leading character on the new Walking Dead spinoff show, by the way. It would be nice to know more about the founders of this company but alas no info is given.
Madison Clark is apparently the one with the connections to brokers used in the Fast Cash system. David wrote the software that chooses “100% winning picks” almost every time. They now have a staff with over 25 reps.
The Fast Cash Biz Products
Binary Options, if you don’t know, are an internet fad that started around 2008. Some liken investing in binary options to gambling, while others see it more as a financial process similar to simply investing in the stock market.
You put down a certain amount of money on a particular stock. You are betting that it will either go up or down by a certain dollar amount within the next few minutes. It’s a tiny, micro world of stock market betting. If you are wrong, you still get a little money back. If you are right, you get a lot of money back, but you don’t get all your money back.
Let’s say you put in $500. If you bet that ABC stock goes up by $.60 in the next five minutes, one of two things will happen:
- you’ll be correct and you’ll get back perhaps $350
- you’ll be incorrect and you’ll get back around $75
The FastCash.biz membership offers software that assists you in finding trades that are about to end, feeds on currency trading, and help with finding pip values, among other things. If all this means nothing to you, the system also helps you learn, too.
Here are a few quotes from the promo video to help you understand what’s being offered:
“You can win up to 81% of your investment every 60 seconds.” “As long as there is a stock market, you can keep making money with your Fast Cash business”.
Now you have the info to judge for yourself: binary options are never a sure thing: they’re like gambling, just like investing in the stock market is, only some say worse. You also know that nobody, no matter how smart they are, can totally beat any gambling system 100% of the time.
So how good is the Fast Cash.biz software? Testimonials tell us it’s great.
The FastCash Biz Opportunity
The minimum investment is $250, and the broker matches your initial deposit. This is binary options, folks, and it’s set to run on auto-pilot. You’re there to supply the money, and the Fast Cash.biz software does the rest (or so it’s claimed).
In spite of all the glowing promises of fast money and lots of it, the makers of the company include the following obligatory statement:
“Success in ANY money-making opportunity is a result of hard work, time and a variety of other factors. No express or implied guarantees of income are made by FastCash.”
Pretty contradictory to what the promo video is telling us. They make the point over and over again ad nauseum that you’ll earn fast & easy money. There are videos of beta testers literally creating an account, then checking back a few minutes later and seeing instant profits in the thousands of dollars.
The Verdict
No matter how you look at it, binary options is a hard system to beat. Statistically, you’ll need to beat the system 55% of the time in order to break even.
The makers of Fast Cash.biz would surely claim that their software beats those odds for you, but what’s in it for them? For starters, they have your initial minimum $250 investment and apparently a cozy relationship with the brokers. If you have $250 to spare, it would be fascinating to see whether this software does what they say it does.
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