Last Updated on January 5, 2022 by Stephan Lindburg
Welcome to our Brexit Millionaire review and scam investigation. The Brexit Millionaire scam is advertised as an exclusive trading platform which let’s Britains Earn £2,200 on a daily basis. Well, we are here to alert our members about this latest get-rich-quick scheme which is being very aggressively advertised by online promoters these days. Brexit Millionaire was bought to our attention by some of our viewers who complained about this new automated trading software which is supposed to be some kind of “groundbreaking platform” that helps people overcome modern obstacles “caused by Covid-19 and Brexit”.
Originally we were under the impression that the Brexit Millionaire software buys and sells cryptocurrency contracts, but that is not the case. This system is strictly a Forex and CFD trading app which is restricted to a very limited set of assets. This can be explained due to the latest FCA regulatory guidelines which are placing heavy restrictions on the sale of crypto CFD’s (contracts for difference). So we started snooping around and inquired as to who is circumventing FCA regulations and promoting non-crypto related scheme. We were able to find out that affiliate networks and media agencies which are responsible for promoting these get-rich-quick schemes. These unethical promoters are essentially receiving referral commission for every paying client they send over to offshore CFD brokers. When we registered to conduct our £250 deposit test, the broker which was allocated to us was named “Euro Market”. It is not licensed to manage financial portfolios on behalf of clients, and we also found out that it has a registered business address in Tallinn Estonia.
Blacklisted CFD Scam Exposed: the Brexit Millionaire scam is an excellent example of how affiliate marketers are adapting to the changing regulatory environment in the United Kingdom. This also explains why old Binary Options websites are getting a renewed influx of visitors from older posts which are not related to cryptocurrencies in any way. Technically speaking, the only piece of truth which we could find on the Brexit Millionaire website, is that it it is “not like MLM or Crypto Trading”. The rest of the information on that site is either flawed or intentionally misleading.
So if you are keen on joining this latest ruse, we highly recommend you pay attention to what we have to say in our detailed Brexit Millionaire review. Our investigation sheds much needed light on the modus operandi as well as dirty persuasion tactics that are employed by the crooks who are orchestrating this scam. So take a minute to read and get informed before investing.
Official Website, Login Page, and Members Area: joinbrexitmillionaire(dot)co(dot)uk
Proof of SCAM
Below you can clearly see the Brexit Millionaire website where they are saying you can make “£2,200 A Day”. We are very familiar with this type of sales pitch, and it is particularly effective with new or amateur investors who know nothing about the financial markets.
And right underneath it you can find the “Live Updates” section of the website where the scammers supposedly provide nationwide earnings for UK-based investors. Our researches were able to identify a Java Script widget which populates random numbers and images of Brexit Millionaire members. But as you can see for yourselves these images scraped off the internet and used for promotional purposes. The same can be said for the whole testimonial section which is completely forged.
What Is Brexit Millionaire and How Does It Work?
Brexit Millionaire is supposed to be an exclusive trading platform and a secret that builds financial independence. In the Brexit Millionaire website they say it works by implementing a co-investment strategy which ensures long-term growth.
Brexit Millionaire Review, Scam Or Really Built To Succeed?
The Brexit Millionaire scam app is for all intents and purposes not a software at all. Members registering through the hyped-up sales page will end up getting stuck with an unlicensed offshore CFD broker, and that is when everything starts to escalate very rapidly. In the Brexit Millionaire video presentation it is stated that just by trading a few minutes a day, you will be able to gain access to a vast network of trading opportunities. They also say that this software is both risk free and also offers a 97% accuracy level or success rate. Well, it doesn’t take a rocket scientist to understand that this simply isn’t possible because online derivative trading carries significant risk to your money, and there is no system which has a 97% success rate. If there was a system which performed so well everyone who would use it and become a millionaire overnight.
Big Banks Are Profiting From Brexit. Now You Can Too (Or Maybe Not)!
In every crisis there are businesses or individuals that end up profiting, whilst others are less lucky and lose their jobs or source of income. Brexit Millionaire uses a very simple yet effective emotional plea, and by doing so is able to cajole and smooth-talk many unwitting opportunity seekers that simply wish to make an extra buck trading online. By implying that the big banks are profiting and now its your turn, these crafty promoters are using a kind of springboard marketing trick. This means that if you push yourself and jump off the springboard your can make money like the fat bankers and Wall Street tycoons. But this is just one of the many cheap gimmicks which are employed by the Brexit Millionaire con artists and their scamming brokers.
Brexit Millionaire Review: Special Features, Specifications, and Settings
Members registering for Brexit Millionaire app will usually try to look for the settings section, or try to identify special features associated with the software. There is no way to configure the software, and we were not able to find any types of strategies or indicators such as MACD or Bollinger Bands which are usually made available to paying customers. Additionally, when we tried looking for the specifications page to see which programming languages were used to code the Brexit Millionaire software there was none to be found.
Brexit Millionaire Deposits and Withdrawals
Deposits are done through the cashier section of the software. This is a relatively simple process which does not require any special skills. Members registering for this software are automatically redirected to the cashier where they have the option of using their credit card. Cashing out is a different ordeal altogether and carries a set of requirements which are designed from the outset to wear you out and cause your to get frustrated with the whole withdrawal process. Cashing out is by far the most thorny and problematic issue which is associated with CFD scams. Most complaints are related to inability to withdraw existing funds and that is when investors start getting really angry because they realize they just got scammed.
Is Brexit Millionaire Safe?
It’s highly unlikely that if you join this program your computer or device will be hacked. However you can bet your bottom dollar that you will get profusely spammed and receive countless phone calls from rude offshore sales reps pretending to be legitimate broker agents or “senior account managers”. If you didn’t enter your credit card details you should be fine, but if you made a deposit or tried to make one then we recommend you monitor your credit card statement very closely and make sure you are not being over-charged.
Brexit Millionaire Scam Customer Service
There is no contact information or anyway to reach their support desk. We are sure that as time passes there will be other versions of the Brexit Millionaire website that will surface, but the one we checked does not offer any means to reach out and ask for assistance. That by itself should serve you as a huge red flag and severe warning.
Brexit Millionaire FAQ Section
You won’t need any FAQ’s since you will get skinned alive if you join this program. They do talk about how it is not like MLM or Crypto investing, but that’s just fancy doubletalk designed to throw your scent off. It just doesn’t work!
Backtesting and Patenting
Ofcourse, we could not find anything related to patenting or legal aspects of using the Brexit Millionaire service. According to the UK Patents Act of 1977 all business which are located in the UK or specifically target UK residents are required to operate according to a set of legal standards. And we have not even discussed the issue of ISO software certification or matters concerning privacy of personal information.
As for back-testing, its not even in their lexicon so don’t bother looking for comparative analysis or performance checks. These do not exist anywhere on the Brexit Millionaire site.
Brexit Millionaire Signals
As we have already mentioned there are no signals and no trading dashboard is provided for users who wish to take advantage of this software. This is simply another direct integration to a broker through an API and we conducted multiple tests just to make sure we didn’t miss anything.
Demo Versus Live Trading Mode
Brexit Millionaire does not offer demo trading of any kind. It simply tries to get you hooked on the idea that you can make easy money using the software so you would be more inclined to pull out your credit card and invest.
Fake Brexit Millionaire Reviews
We have seen multiple fake Brexit Millionaire reviews, and below we have added a screenshot of how they look like. The website you see belongs to a company which is located in India and uses high authority lifestyle websites to promote get-rich-quick schemes. They are also responsible for posting fake news articles in the form of paid press releases as well as use Trust Pilot to gain exposure and promote their cloned websites.
Brexit Millionaire Fake News
Below is a fake Mirror UK news website which is illegally using young Brit celebrity Akshay Phillips for promotional purposes. Originally we found a website which used the name “Major” and looked exactly the same as the Mirror UK. Viewers who are exposed to this type of fake news advertisement are targeted by professional con artists specializing in fake celebrity-endorsed news advertisements. Clicking on any link inside this advertisement will redirect you to the actual Brexit Millionaire website.
The complaint we originally received specifically mentioned a fake news article which was extremely misleading and that is what convinced us to expose the Brexit Millionaire scam.
Our staff periodically tests new systems which seem to have potential. After testing the software and investing our own hard-earned money we make a decision which is based on the software’s ability to perform consistently. So if you are searching for a genuine trading app look no more! We have done all the research so you don’t have to.
Verdict: Brexit Millionaire Review, Summary, And Conclusions
The Brexit Millionaire scam software and automated trading app is nothing more than an emotional sales pitch designed to target British nationals who are simply looking to remedy their financial situation which has been dramatically exacerbated by the Covid-19 virus as well as Brexit. We have found this type of malicious activity to be particularly horrid and deceptive since the victims who are being targeted in the Brexit Millionaire marketing campaigns are not wealthy or financially independent people. In fact, these scammers are deliberately searching for potential customers that are vulnerable and are willing to risk the little they have in order to get themselves out of a situation which is precarious at best. If you feel our evaluation to be overly critical or alternatively require additional information in regards to the Brexit Millionaire software, simply reach out and message us through out contact page or social media.