Peter Morgan

As complaints keep mounting in regards to the Zero Loss Formula SCAM software and Peter Morgan as a result of our previous review, we have started to receive grievances from day traders who claim their credit card information was stolen by offshore brokers connected to the Zero Loss Formula app. We believe this to be an absolutely criminal activity and think it partially has to do with the the fact that these crooks require customers to provide their credit card information as a part of the registration process. Traders are not being allowed to choose their broker (or at least research the broker they are dealing with). At first we didn’t believe these claims so we started registering ourselves. The results of our comprehensive investigation revealed a nasty binary options SCAM designed to steal your money, and our impartial review will brutally expose these cyber-hooligans and the fraudulent app they are peddling online.

Official Scam Website and Login Page: http://www.zerolossformula.com/access.php?

How Credit Card Information is Stolen
The Zero Loss Formula is based on pure deception. The primary goal of this malicious app is first and foremost to get you to register and fund a trading account with one of their recommended brokers, and they will use every trick in the book in order to achieve this objective. Below you will see a screenshot of the cashier section of the software, which pops up immediately after registration is completed via the Zero Loss Formula members area. In this case they have selected Binary Bokerz as the broker, now this is not the absolute worst we can think of, but it’s definitely not the best and as you can see below their customer service is incompetent and most likely unmotivated. The support email response is extremely slow, we have yet to receive one, and we have seen mixed reviews about this broker. Still, this does not change the fact that the level of transparency is ZERO, and that’s the only real fact when discussing the Zero Loss Formula.

Below you will see the software, which is a rehash of other SCAMS blacklisted here at Binary Scam Alerts such as the Quantum Code, Perpetual Formula, Hedge Formula, and GPS Trader. This exact piece of trash code is directly responsible making the lives of thousands of would-be traders miserable and filled with frustration and anxiety. Take a real good look at the screenshot below because this is how a modern-day scam looks like.

Here’s the complaint which came in from one of our members. He was seriously concerned about getting an unusual phone call from a broker asking him to provide credit card details over the phone. At least he had the common sense to give a prepaid credit card and risk the minimum amount of money, other victims were not so lucky and we are currently compiling all their emails in order to gather evidence and file a report with Interpol about these con artists. 

As mentioned previously, the people pulling the strings behind this automated trading app are not your friends. Their methods of operation resemble those of a criminal organization and a guilty conscience is not a term they are familiar with. In our previous reviews we have plainly stated these people are out to steal your money, now we have provided all the proof required to validate our claims. We implore you to find alternative means of investing because once you deposit we will not be able to get it back this time so don’t say we didn’t warn you.

A Truly Genuine Trading App
If you are constantly on the lookout for a legit automated trading app or signals we have some good news for you. We have combed the internet looking for a legit automated trading solution, and found a few that have passed our simple yet effective credibility test. These are all proudly showcased in our recommended section.

Review Summary and Conclusions
The Zero Loss Formula software and Peter Morgan is a SCAM. Our reviews exposed the charlatans behind this fake app and shed light on their misdoings. We have found this auto-trader to be a textbook example of a modern online investment SCAM, and have highlighted some of the key concerns we have with this bogus system. If you have fallen prey to this vile scheme you can kiss your money goodbye, the brokers got smart and are now having people sign documents guaranteeing their thievery withstands a legal test. We encourage all our readers and members to avoid this software and join our  Facebook Page and YouTube channel to get more updates about how to avoid online investment scams.

The Zero Loss Formula Software is a SCAM and worthy of being BLACKLISTED. Our impartial review and investigation will expose this so-called “Peter Morgan” and his fake App and Auto-trader in way which will leave you with ZERO doubts regarding the authenticity of this system and the intent of the people pulling the strings behind it to defraud you and steal your money. The Zero Loss formula is an extremely dangerous piece of trash code which is designed to trick and victimize day-traders. If you have fallen prey to this latest scheme, you can kiss your money goodbye because this high-end production serves as textbook example of how crafty affiliate marketers rip-off would-be traders and split the profits with rogue and unregulated offshore brokers. Keep reading to see how the scam works.

Official Scam Website and Login Page: http://www.zerolossformula.com/access.php

Proof of SCAM:
Below you will see an image of Mr. “Peter Morgan” sitting in an office environment and going through an all to familiar sales script rehashing the same concepts of making “mouth watering” amounts of money in a repetitious and boring manner.

It seems this gentleman lost a few hairs in a very short amount of time because just a while ago he debuted as the star actor in a very nasty SCAM notoriously named the “Hedge Formula Group” (they even used “formula” in both cases). We have blacklisted this app after finding it to be not only fraudulent, but also unethical in the sense that the fraudsters behind it infringed on another company’s trademark in an attempt to gain a sense of legitimacy.

Now, for the final nail in the coffin. Below you will see a screenshot of the actual software showing a 100% win rate as the name so boldly suggests. If anyone promises you a no-loss software you can bet your bottom dollar you will lose your money if you buy into that offer. Everyone knows that trading involves risk and even the best and most accurate apps can’t offer more than 85% and even that’s stretching it but lets say that it still possible.

Zero Loss Formula Software Review
So here we have Mr. Peter Morgan popping out of a rental jet and enter an office environment. Immediately he starts ranting about a “zero loss” software and how it has made him and his traders over 96 millions dollars during the past 2 years and “never had a single losing trade“. Right now he is offering you free access as a beta-tester to join his team, but he is only looking for “action takers” who will have a chance to achieve their dreams and live the kind of life they always dreamed of. The image above shows you potential Forex or Currency Pairs positions, in reality the software takes random positions at best.

Highly Deceptive and Misleading!
I find this video to be exceptionally fallacious since they are showing winning trades directly from the broker’s account. This means the broker is acting in cahoots with the SCAM and has become a willing and active accomplice in a binary options investment scam. The software itself is rigged since the actual payments are wired from the broker account ONLY, and not this cheap software. The transaction history is also kept in the broker’s account and if this information is relayed to the software then there is a privacy issue and they have overstepped their bounds since traders have not signed any document allowing the software access to their transaction history or any kind of financial details.

Fake Testimonials and Inflated bank Accounts?
For sure!! Take a look at Mr Banjoman15, probably one of the most active Fiverr.com actors being used by unethical marketers to peddle their dirty little scams in an attempt to earn commissions. This cheap actor is prominently featured and very plainly says he made millions using this bogus software.

Is it Free?
Absolutely not, and that’s another lie. You will have to fork up at least $250 and that will be collected through their slimy brokers.

Similar Scams to Report:
Quick Cash System, Quantum Code, Opus Formula, Millionaire Blueprint, Mobile Binary Code, Google Trader, Cash Formula, Cash Code, Lie Detector Millionaire, Centument, Free Money System and Walter Green, Binary Compound System, Amissio Formula,  Fast Cash Club, and Drexel Code.

Facts Versus Myths
There’s a lot of hype these days around bogus products and systems offering you a short-cut to success and an easy life easily attainable at the click of a button. Unfortunately these apps are almost all SCAMS and will end up useless.

Signals Versus Auto-traders
It’s not every day we see a high production like this hit the market, and if you think we were not asked to promote this malicious software you are deeply mistaken. We were offered thousands of dollars to showcase it in our recommended section, but decided to BLACKLIST it since it miserably failed our credibility test.

Review Summary and Conclusions
The Zero Loss Formula is a confirmed SCAM, and our unbiased review exposed this fraudulent software and Peter Morgan the fake actor and cheater. This app is anything BUT genuine or legit, and despite our endeavor to find even a spec of sincerity or honesty in this system we were not able to. Our in-depth investigation into this app and auto-trader has led us to the obvious conclusion that this is nothing less than a hoax designed to trick you into funding a trading account with an unregulated offshore broker. The overwhelming evidence we compiled also confirmed our worst fears, this app takes inferior positions intentionally and in this way steals your money and splits the profits with the broker. Due to the severity of this crime and our findings, we are warning all our members and subscribers to avoid this system at all costs and seek alternative means of investing. Make sure to connect via our  Facebook Page and YouTube channel and get informed.