Is “Centument” a scam? Will you really be able to make a ton of money with this software trading program like the makers claim? Or is it just wishful thinking?
Let’s take a closer look at Centument…
Company Name: Centument Ltd
Owners: Gerald Reed
Price To Join: $250 Initial Minimum investment
My Rating: 0/10
~ The “Centument Ltd” Review ~
Introduction
Everywhere you look these days on the internet there seems to be somebody peddling the latest magic money making binary options trading software. The internet is literally riddled with these programs and I’ve already reviewed a number of them here on this site. They all pretty much work the same way, and some of them are run by the same team of scammers.
Centument is yet another robot-based software program that’s designed to make you money on autopilot while the software gambles with your hard earned dollars on the stock market and Forex trading.
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What Is “Centument”?
For starters, the makers of this binary options trading software spent far more money on the production of their sales video than you or I will ever see by using their software to make money on the stock market.
As previously mentioned, Centument is nothing more than robot software to automate the trading process. It’s apparently designed to predict the rise and fall of various stocks, commodities and currencies, placing trades on your behalf which, according to the hype in the sales video and on the official website, will make you a stack of cash at the mere push of a button.
There are claims that you can make upwards of $137,000 per month on autopilot.
Amazing! That’s awesome! A push button system where I get to do nothing but watch the cash roll in is exactly what I’ve been searching for all my life.
Sigh…If only it were true and that easy.
This mob once again quotes reputable news channels and TV channels in a bid to make their program appear legit, as if it has been officially endorsed by trusted sources (if you can really trust the news channels these days anyway). The point is, these so-called endorsements are completely bogus.
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How Centument Works
Centument works exactly the same way all the other scam robot software systems work. You join the program through Gerald Green, then you will be asked to choose a broker. Generally there are about 3 or 4 options.
Once you choose a broker you invest a minimum sum of money to start trading with. The software then takes over, monitors the markets for you and places trades on your behalf.
This magic system reads all the trading signals and waits until just the right time to make a trade, guaranteeing you winning trades almost 100% of the time.
Total BS!
It takes months to years of study and learning to know how to read the signals, and even then winning trades are by no means guaranteed. A bot is even less likely to know when to place a trade. Robots have no instincts for one. And bots don’t really learn. They just work on programming.
The push button autopilot trading system sounds great in theory, but it’s not really the reality of how it works.
Why It Won’t Work
While it’s possible to make money trading the markets and certain robot-driven software can help you make educated guesses as to what to trade on and when, these programs are far from being able to guarantee winning trades as often as the creators would have you believe.
Trading successfully is governed by so many factors, and automated software can’t cover all of them. On top of that, these software systems can easily be rigged, and often are rigged, to take your money. I’ve seen it myself personally with Forex trading systems and their bogus software trading platforms.
The makers of these trading software, push button systems and the brokers they team up with are all in on this scam together. They’ll be regularly getting together, sipping cognac and smoking cigars while laughing about all the money they’ve been fleecing off gullible people.
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Who Is The Target Audience?
If anyone is drawn to the get rich quick fantasy, then that’s exactly what these kinds of schemes target and prey on. So many people seem to erroneously believe that the internet is a veritable gold mine of money just waiting to be hacked into with some magic program or piece of software. Making money on the internet takes work just like with anything else.
The Pros
- Zero, nada, nothing
The Cons
- Unbelievable claims of money to be made
- It’s a typical get rich quick scam
- Fake testimonials and ludicrous claims of money made
- The company uses actors and fake profiles for their videos and testimonials
- Gerald Reed and his broker buddies make money whether you win or lose on your trades
Tools and Training
Good luck with getting training to use the trading platform. Then again, if a robot is taking care of all the monitoring and trading for you, you won’t need to learn anything. Just push the button, sit back and wait for the money to roll on in.
How Much Does “Centument” Really Cost?
There is a minimum investment of $250 to get started, but likely you will need a lot more than that to keep the trading machine going if you decide to carry on.
Is “Centument” A Scam?
It’s a scam for sure, just like all the other binary trading push button robot, money making genies out there. The whole planet would be sitting back with this kind of software and making a killing if these systems really worked as well as they claim.
Schemes like this one are a lot like gambling, so you might have better luck with this lotto system.
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Me personally, I’d rather put my efforts, time and money into something that’s likely to bring results without the stress of feeling like you’re always gambling – which is essentially what you would be doing with Centument.
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Darren Burton
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The reason that these don’t work is because you can’t figure into an automated trading system the emotion that comes with trading the market. Trading requires a lot of psychology and understanding the laws of supply and demand. I don’t agree that it is a scam, but I don’t think it could ever deliver. My father spent money on an automated trading system. He spent more time on the phone with the support trying to make money with the thing. He should have just invested that time into learning how to trade options or something. I’m not a fan of automated trading systems.
I don’t think you can make money with bot sftware trading systems. They are designed to make the broker money, programmed so you almost always lose your trades and invest more money into the system. You don’t actually see the real stock market or Forex tickers, ust what the program is designed to display on your end.