Can you really make $10,000 today with Regal Wealth as promised? There’s a lot they don’t tell you in the sales video. Follow me to see the Devil in the details.
Product Website: regalwealthapp.com
Product Cost: Free to join, minimum $250 deposit.
Product Owner: Cannot be determined.
Ranking: NOT Recommended
What is Regal Wealth?
This review is about the ‘Regal Wealth’ auto-trading platform that promises to make you $10,000 a day. It is not about ‘Regal Wealth Group’ found at regalwealthgroup.com that specializes in retirement income. These are two different companies.
When you visit the Regal Wealth website, you are met with a bold promise that “…you can make over $10,000 TODAY!” And you can join Regal Wealth for free.
Watch the sales video and follow Jane Williams as she earns over $4,000 in just eight hours on “100% autopilot.” All she did was press a few buttons on her laptop’s keyboard, and the Regal Wealth trading team did all the rest.
In the sales video, Michael King, the CEO and founder of Regal Wealth, often refers to the “trading team” and how making a lot of money is “part of the service.” Remember these key elements. In a moment, I’ll use them to make a critical point about Regal Wealth and what you can really expect from them.
About midway through the sales video, we meet three people who claim that in 12 months Regal Wealth made them on average $2.4 million dollars on autopilot.
At one point in the sales video, we meet Dominic who tells us that he joined Regal Wealth a year ago and opened a trading account for only $250. Remember that amount as you will see in a moment how $250 fits into the Regal Wealth scheme.
The video narrator explains that Michael King is a former elite Wall Street trader who has made rich clients richer and out of the goodness of his heart offers to help fifty regular people each year become millionaires. Regal Wealth is said to be your opportunity of a lifetime and, if you get in fast enough, you too can become a millionaire.
Is Regal Wealth a Scam?
The story we hear in the Regal Wealth sales video is exciting. Who wouldn’t want to earn $10,000 a day on autopilot? If you joined Regal Wealth based on the sales video, you would be making a huge mistake because nothing in the sale video is true.
Michael King, Jane Williams, Dominic and the three people who claimed to have made $2.4 million in a year with Regal Wealth do not exist. They are characters brought to life by actors paid to play a part.
You will not make $10,000 a day with Regal Wealth, and you will not become a millionaire. If you join Regal Wealth and open a trading account, you will lose your money. The more money you give Regal Wealth, the more money you will lose.
Get Real! Read the Disclaimer.
Scroll to the bottom of the Regal Wealth website, and you will see a “High-Risk Investment Warning.” Keep reading, and you will learn that you could lose all of your money. Pay close attention to this warning because if Regal Wealth tells you that you could lose all of your money it means you WILL lose all of your money.
Also in the disclaimer, Regal Wealth reveals that it is NOT a financial service company. That’s odd, Michael King implied it was a financial service company and that making $10,000 a day was part of the service.
Keep reading the disclaimer because it gets worse. In the body of the disclaimer, you will discover that binary options trading is not regulated in the United States and that unregulated trading is against the law in the US. How do you like them apples? It gets worse.
Read the Regal Wealth Website Agreement.
Throughout the disclaimer and website agreement, you are warned that trading binary options is highly speculative and that you could lose all of your money. In other words, forget the promises of making $10,000 a day you heard in the sales video. That is not going to happen.
In the website agreement, you will find a very large paragraph called “Videos.” If you are still thinking about joining Regal Wealth, read it and keep reading it until you understand that nothing in the video is true.
Specifically, the video paragraph will tell you that the video is strictly for “promotional purposes” and uses actors and demo accounts. In other words, it’s all fake.
How the Regal Wealth Scheme Works.
However, before you can start trading, you must fund your trading account. This means you will need to deposit a minimum of $250 of real money into your trading account. Putting $250 of real money into your account is the small scam.
Every dollar you give Regal Wealth is gone forever.
After you deposit $250 into your account, the software goes to work. By the hour, you will see the income numbers in your account increase. It will look like you are making a lot of money on autopilot and that you’re on track to make $10,000 your first day. Except that you aren’t.
The money you gave Regal Wealth went straight into somebody’s pocket. What looks like money in your account are just numbers the software is churning out. It’s not money. You can’t take it out of your account, and you can’t spend it.
The software has only created the illusion that you made a lot of money. If you fall for this trick, they will tell you if you deposited a lot more money, you could be a millionaire in a few months. They will try to talk you into depositing $10,000 or more. Don’t do it. This is the big scam.
If you give them more money, they will keep it and lock you out of your account. That’s the Regal Wealth scam.
There are No Shortcuts to Making Money.
Software that will make you rich does not exist. Any website that promises to make you a lot of fast, easy money is trying to scam you. They are all over the internet. More pop up every day.
If You Want to Make Money Online.
If you want to make money online and you’re just starting out, I recommend two options.
The fastest way to make money through the internet is to get a work from home job. Most ‘work from home’ job offers are scams. That’s why I wrote an article about how to find a legitimate work at home job and avoid the scams. To learn more, read Work at Home Jobs.
If You Want to Make a More Money.
A work at home job can earn a fulltime income, but it’s not passive, and there are earning limits. To enjoy passive income and unlimited earning potential, you will need to build an online business. Affiliate marketing is probably the easiest online business to start.
One of the amazing things about learning affiliate marketing is that once you have the skill set, you can always make money. You become financially bombproof.
However, just like trying to find a legitimate work at home job, searching for a legitimate place to learn internet marketing can lead to endless scams and misinformation.
To avoid scams and learn how to build a profitable online business on a shoestring, I recommend the Online Entrepreneur Certification Course. Enrollment is free.
To learn more about the Online Entrepreneur Certification Course and how to enroll for free, Click Here.
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