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You may never have considered investing in penny stocks in order to make a fortune. After all, by itself, a penny is not worth much! However, there is a selection of investment products specifically designed to generate you a reasonable income via these penny stocks.

Introducing the Penny Millionaire Software

The first you will hear of this firm is likely to be through a random email; which will include an invitation to join the system, an introductory video and a tale of how much funds you can make.

If you choose to accept the invitation you will gain access to the software. What should concern you is that the invitation will stress there are a limited number of places available; this is a pressure sales tactic and not something that a reputable company would do.

The Penny Millionaire Scam Software

The app has a very simple website with rudimentary controls of your investments. Whilst this could be considered advantageous for a new investor, as soon as you have gained some experience you are likely to find it frustrating. This does not make it a Penny Millionaire scam but does raise the question of whether it is worth investing.

Warning Signs that this is a Penny Millionaire Scam

The information so far suggests a system which you should be extremely cautious about. But, there are more signs which confirm this is likely to be a Penny Millionaire scam:

Lack of Information

There is no real detail regarding how the system works and how you will generate such impressive returns. This makes it impossible to evaluate or understand the techniques employed and should leave you wary.

Customer Service

It is reassuring to think you can contact a knowledgeable customer service person at virtually any time to assist you with making the right investments. Unfortunately, despite the claims, it does not seem possible to contact anyone for assistance!

Reviews

Any site can add reviews and testimonials from their customers; the question is whether they are genuine or not. Unfortunately, it would appear that this is not the case with the Penny Millionaire scam.

A little research will quickly reveal that the testimonials have been created by the site; pictures are from stock photos.

Getting Started with the Penny Millionaire Scam

This system is free to use. However, as with any binary trading you will need to deposit funds with a binary broker before you can start trading. The fact that these funds must be deposited with a broker of their choosing, who is unregulated, should alert you to the fact that you will never see your funds again.

Conclusion

Although this software tries hard to appear genuine, it is higher likely that this is just a Penny Millionaire scam. There is not enough evidence to back-up their claims. It would be advisable to use a more reputable service.

 

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