The Malay Method promises a free, simple, easy and fast way to make hundreds of thousands of dollars. However, closer investigation reveals a dark secret you should know. Follow me as I reveal the Devil in the details.
Product Name: The Malay Method
Product Cost: Minimum $250 deposit required
Product Owner: Cannot be determined.
Opinion: Not Recommended
What is The Malay Method?
In the Malay Method sales video, the narrator, Jake Shen, promises you will make more than $100,000 in 30 days, or he’ll pay you $10,000 cash out of his pocket.
As the video continues, Jake claims he has a 100% success rate turning ordinary people into millionaires.
According to Jake, all you have to do to start making hundreds of thousands of dollars is to get his free Malay Method software, activate the program and click your mouse.
Several people in the video tell how they made hundreds of thousands of dollars with Jake’s Malay Method within 30 days of trying the system.
Is the Malay Method a Scam?
To be clear. You will not make money with the Malay Method; you will lose money.
The Malay Method website is almost identical to the Aussie Method website where another Jake, Jake Pertu, makes the same promises.
There is nothing special about the Malay Method. It’s just a long sales video designed to get you to open a binary options trading account and deposit a minimum of $250 with an unregistered broker.
They will try to trick you into depositing several thousand dollars. Please don’t do that.
You will not make money with the Malay Method. Every penny you give them is gone forever.
The Malay Method Earnings Disclaimer
Remember when Jake guaranteed you’d make more than a hundred thousand dollars in 30 days, or he would personally pay you $10,000? That’s a lie.
Jake is not a real person. If you search for Jake Shen on the internet, you will not find him. And the Malay Method Earnings Disclaimer clearly states they don’t guarantee a darn thing.
Scroll to the bottom of The Malay Method web page and click on “Disclaimer,” you can read it yourself.
Buried in the first paragraph, you’ll find this line, “THERE IS NO GUARANTEE YOU WILL EARN MONEY.”
In other words, the guarantees in the Malay Method video are meaningless.
The Malay Method Testimonials.
The Malay Method sales video has several testimonies from people claiming to have earned hundreds of thousands of dollars.
These testimonies are fake. At least two of the people giving testimonies are actors on Fiverr.com. They were paid to read a script.
What is The Malay Method, Really?
The Malay Method is NOT designed to make you money. The Malay Method is designed to rob you blind.
At best, trading binary options is very, very, very risky.
Trading binary options with an unregistered broker like The Malay Method is foolish. It’s just throwing money away.
To understand how dangerous it is to give The Malay Method broker your money, you must understand the difference between registered and unregistered brokers.
Registered and Unregistered Brokers.
Concerning binary options, there are registered brokers and unregistered brokers.
The Registered Broker.
In the United States, a registered broker is licensed by the Securities Exchange Commission. Every country with a securities exchange has an agency like the US SEC.
The point to remember is a registered broker must abide by certain laws and ethical guidelines to stay in business.
Keep in mind that trading binary options with a registered broker is still very risky and not advisable. Registered brokers will tell you that trading binary options is speculative. In other words, it’s gambling.
In the US, if a registered broker cheats you, you can ask the SEC to help you get your money back.
The Unregistered Broker.
On the other hand, an unregistered broker operates outside of the law. If an unregistered broker cheats you, there is nothing you can do about it, and nobody can help you.
If you give your money to an unregistered broker, like the broker for The Malay Method, your money is gone forever.
Calling an unregistered broker a broker is not accurate. They are not a broker. They don’t broker anything. They are merely a stranger taking your money.
The United States SEC has warned that unregistered brokers are suspected of illegal activities including taking people’s money, stealing identities and manipulating software.
If you open an account with The Malay Method broker, you will be assigned a personal broker. This person is a telemarketer who will try to trick you into depositing more than the $250 minimum.
They might try to trick you by manipulating the software, so it appears as if you made a lot of money quickly. This is not real money. The broker merely typed some numbers into the software, so it looks like you made money. You cannot take this “money” out.
The Malay Method broker is simply trying to convince you the software if real so you will put more money into it. They will try to get you to put thousands of dollars into the broker’s account. Every dollar you give them is gone forever.
To learn more about registered and unregistered brokers, go to Binary Options Fraud.
The Last Word on The Malay Method
There are hundreds of websites like the Malay Method on the internet. Most of them have a few things in common. The story goes like this;
Our magic software will make you wealthy. It’s easy, and you can get it for free because we’re nice guys. Just sign up for free, activate the account and start making money.
You will NOT make money with The Malay Method. You will lose money. And, you will go deeply into debt if you are tricked into borrowing money to put in your brokerage account.
Something You Should Know…
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