Welcome to our Brit Method Review!
What is the Brit Method Scam? This Brit Method trading system has been around a while now and often comes up with different guises depending on which country you are from.
For example, you may have seen the Aussie Method, or The US Method, etc.
For starters, I can see why many people could be swayed by this product. It has some great claims about being able to earn you a ton of money on auto-pilot and you could live in luxury and watch the money come in… But, in my opinion it is a downright scam!
First off, it’s great to see that you’re doing your research before buying into any “seemingly good” product.
That is how you avoid scams and find only legitimate ways to make money online!
To be completely transparent with you, we’re not associated with the Brit Method in any form. We’re not here to pitch or sell you anything.
If you are thinking about using the Brit Method software, don’t waste your money. There are too many red flags with this software and there is much more to binary options trading than a magic system that will earn you money. This has been outed as a scam and I will show you why within this review.
The Brit Method Review Summary
Product Name: The Brit Method
Founder: Jason Taylor
Product Type: Binary Options Auto Trading Platform
Price: £250 Minimum Deposit
Best For: No One!
Summary: The Brit Method has been outed as a scam. It offers no information upfront about how you are going to earn the thousands of pounds that Jason claims you will earn with no effort at all. It employs all the hype of emotional pulls to get unsuspecting people to sign up and basically lose their money.
When you actually find out it is supposed to be an auto trader that makes you money from binary options trading and the realise this is not as easy as it is made out to do with no training or value offered.
This is definitely not recommended for anyone, least of all those who are just starting out with ways to make money online.
Rating: 1/100
Recommended? No!
Table of Contents
What is The Brit Method?
The Brit Method claims to be an auto trader using binary options trading to make you money. It has been developed by a guy who calls himself Jason Taylor (in the UK).
The sales pitch talks about this being a system for complete newbies who are looking for an opportunity to make money from trading binary options with little or no effort.
But is also comes with a lot of hype and promises that you could be sitting by a pool in a luxury resort just watching the money roll in. But that is all it is… Hype!
It is hoping to pull on the old emotional heartstrings to get you thinking I could do with that money and naturally sign up.
He states that you can get free access to all of his experience and this system that will trade on your behalf and make you money. In return, you are asked to trade for 30 days, provide a video review and give some feedback about your successes.
He backs up his claims by stating that if you are not successful, he will pay you £10,000 to any member who does not profit within 3 months. He also states he has not had to pay this to any member.
But do you really believe this guy…? I am not convinced you would even hear from him.
The biggest problem I have at this point is that going through the sales video, you do not actually learn what you will be doing. The video shows lavish pictures of sunny locations, and a villa you could own with the money you are going to earn.
He shows screenshots of bank accounts with loads of money in them.
He claims that you will have achieved a 5-figure sum in just a month. But he doesn’t tell you how you are going to earn this money and that is a big red flag for me.
This video has one outcome in mind, to get you to feel like you cannot do without this software and that you can make money online quickly… Sorry to burst your bubble, this software will not achieve anything for you.
How Does The Brit Method Work?
The Brit Method claims to be an automated system that will trade binary options for you. If you can master binary options then it can be a good way to make money online, but there is a reason why those who do make money with binary options trading and that is because they work hard on understanding the trends and possibilities of how the factors work.
If you are not too sure what binary option trading is, let’s spend a minute on that subject now.
What is Binary Option Trading?
Binary options are where traders profit from price fluctuations in multiple global markets. Most start with currencies when getting started with binary options.
It is really important to understand the risks and rewards that come with what can be controversial and often-misunderstood financial instruments.
The problem is the main concept of binary options looks simple enough and this makes them popular with those with low skills.
The one that most start with is a high-low or a fixed return option that gives you access to stocks, indices, commodities or foreign exchange.
They have a defined expiration date, time and strike price.
A trader would wager on picking the right outcome – if you chose that the market would be higher than it is at the point you picked, then you would have been successful. You would receive your initial investment and the amount agreed at the point you chose.
If you got this wrong, then you would lose both.
At this point, I would not claim to be an expert with binary options. In fact, I have tried it out and have found that there are a number of factors that you cannot factor in as a beginner and I found that I did actually lose my initial investment.
If you would like to read more about binary options, I have found this great resource from those who have more experience and knowledge in the subject. Check out this Binary Options Trading Resource.
Back to the Brit Method
Now, consider that in essence you are playing higher or lower with these commodities or currencies and if you know what you are doing you can monitor the trends and chose the right direction the market will swing and make money.
But there are a number of factors that these people research to ensure they are getting it right most of the time and they do not always get it right.
But the Brit Method claims to be able to do this all for you automatically with a success rate of 97%. Wow, if only that was true. The system will only be able to track certain variables.
A human trader might see on the news that the weather in a certain country could affect the crop yields and this will impact the market. A computer algorithm cannot predict this and that is why I feel that auto traders are not going to be able to replace a trader.
My problem with the Brit Method is there is no explanation, no mention of the risk involved and that is why it could be considered a scam.
If you did sign-up with the Brit Method, know that they would introduce you to a number of binary option trading platforms and that is where you invest your money to let this computer trade away your money for you.
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What We Liked About The Brit Method
The only positive thing I could say about the Brit Method is that it actually led me to the method of making money I do now…but it took me losing my money from playing with Binary Options to do it…
But other than that, there is nothing I can write that is positive about this program, or any of the others…
P.S. This program enabled us to Create a 4-Figure Monthly Passive Income Stream. It’s Free to get started and costs only $49/month to go full-time!
What We Didn't Like About The Brit Method
Here is what we didn’t like about the Brit Method:
#1 Targeting “Vulnerable” People with Hype
I found it hard to find the right word, but I consider when I first started looking for ways to make money online and I did feel very vulnerable when I got hit by a binary options scheme that cost me nearly £400 with no return. But this is what they are doing. I was pulled in by the promise that all I would need to do is switch this software on. But they do not work, there are too many factors into why people who trade binary options properly are prospering and that is because they worked hard and learned what they needed to learn.
We are all chasing that dream of a software that does it for us easily and quickly and after 3 years online, I have yet to find a genuine one that works.
This will not be any different.
He makes several bold claims that are unrealistic in any timeframe:
- He wants you to make hundreds of thousands of pounds (£) in the next 30 days.
- Claims the software is only open to a select view, but the counter number stays the same
- 97% accuracy. No system can realistically claim that.
- He says he will pay you £10k if you do not make this kind of money within 3 months…
The last one that gets me, as there is no real way of getting in touch with him. So how would you get that even if he was genuine about it?
#2 Different Country, Same Scam
I am from the UK, so when I see this program it is the Brit Method. But when you see that it is slightly tweaked for each country. If you are in Canada, it comes up with the Canuck Method, the Sydney System for Australia, etc.
It is the same guy in the picture, all they do is change the flag and surname of the owner. We don’t actually get to see whether this is actually the guy and which name is his genuine one. Another big red flag.
#3 You Don’t Know What You are Signing Up For
You have no knowledge of what you are signing up for. All he claims is there is a system that makes you money. Great, some will just take in the luxury resorts he shows you and the people who claim this system makes them money and then sign up… But you haven’t got a clue what you will be doing. Then you realise the fact you need to sign up with a trading account that typically means you need to send your passport details, photo identification and proof of address and £350 and then you realise the enormity of what you are signing up for…
#4 No Training – You Will Not Learn Binary Options Trading
Don’t think that you might just benefit from learning a little more about binary options trading with this software – It doesn’t provide any. All it allows you to do is link your trading account with their software. Meaning this software has access to your trading account. Something I find worrying.
But, when it comes to binary options trading training, this is not the place. It is a tough market for most of us to crack and I wouldn’t really recommend it to someone just starting out. Affiliate Marketing might be a better deal for you, but if you want to learn more about Binary Options Trading and how to make money with it. You would need to spend the time to research it properly first. That would be my advice.
#5 Fake Testimonials
If this system worked as it should, why are the testimonial videos so poor quality and look like they are from the 90’s?
The videos I saw in the sales video were of just random people, that I am guessing are just freelancers that they have hired to do a video, give a glowing report of this system.
Look, if you are an experienced trader then you could use an auto trader to help manage your bids as you know what you are doing, and you would be setting up the trades for specific times. But the Brit Method offers no confidence that general Joe Bloggs could benefit from this system at all.
Check out the fake testimonial video below, this is a guy they have hired from the freelancing platform called Fiverr…
#6 It has Been Outed as a Scam
I have reviewed a number of products and know straightaway the signs of a scam, but this product has actually been outed as a Scam. But there is no way of stopping them changing the name slightly and stating it is a different method. But the best way to see if it is associated with this product is the fact, they still use the same guy in the picture. Which my best bet would be is it is a stock photo and this poor guy keeps getting tagged as a scam.
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Don't Just Take My Word For It...
You don’t just have to take my word for the Brit Method being a scam, here are three reviews that also tell you that the Brit Method is a scam…
1. Brit Method Scam!!
2. Brit Method Scam Review
3. Review of Jason Taylor ‘s Brit Method Money Making Scam
P.S. This program enabled us to Create a 4-Figure Monthly Passive Income Stream. It’s Free to get started and costs only $49/month to go full-time!
Is The Brit Method A Scam?
The Brit Method has actually been outed as a scam and is a clear definition of the word. It offers no information about what you are going to be doing and most of us will not be able to trader binary options straightaway without training. It keeps changes it’s guise and keeps coming back as a slightly different “method” in the hope that it can draw in some unsuspecting people looking for a magic software that will earn them money on auto-pilot.
Let me be totally honest with you, if you are looking for that kind of software then I have one piece of advice for you.
STOP LOOKING FOR IT – they do not exist!!! We make money online because we work damn hard for it. There will always be programs out there that claim it can make you a millionaire with no effort. If that was the case, then I would have joined that crows a while ago.
It just goes to show that the people who make their money of these programs do it by manipulating those without the know-how and that is something I cannot abide with in a program like this.
We can help you find genuine ways to make money online, but the first hurdle you need to get over is the fact there are no genuine get-rich-quick scheme. They just do not exist.
If you can get over that fact, then we can definitely help you…
How We Make Money Online
We make money through a method called Affiliate Marketing. It’s a fantastic way to get started, and is completely newbie friendly.
There is also no need to invest any money before you check it out and decide if it’s the right move for you…
If you want to check out Affiliate Marketing, here’s our complete guide…
Thanks for checking out our Brit Method Review! If you have any questions or comments to add, then please write them in the comments section below. 😉
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The Brit Method
Minimum £250 Pros
- This Led Me to Wealthy Affiliate
Cons
- Targetting vulnerable people
- Different Country, Same Scam
- Don't Know What You Are Signing Up For
- No Training on Binary Options
- Fake Testimonials
Great review John,
I think Jason Tyler is clever in trying to hook customers into buying his program by targeting demographically, but I don’t think the Brits themselves would fall for this. It looks like a clear-cut scam which uses old methods, wouldn’t you agree? I’ve tried Binary Options once until I found out how they pull the strings to make us lose more money and I wouldn’t want that to happen to anyone.
Glad to know there are still honest people who would sacrifice their time to warn us little people from falling for this. Thank you my friend!
Hey Riaz,
thanks for checking out our blog and for writing some comments. It is definitely weighted towards the house. But isn’t that how casinos work. I do see binary options a bit like that for someone who lacks the right knowledge…
I would love to think us brits could spot the signs, but when anyone is desperate it can lead to some awful decisions. All we can do is highlight them and hope they take the right course of action.
thanks again Riaz,
John
Hi!
Wow, I had never heard of this network before, but everything about it screams at me to run away from it! I think it’s so sad that people still take advantage of emotionally vulnerable people to make money off their backs. This one is by far one of the worst ones yet, using the 10K promise to lure people into a false sense of security.
In my long, winding road to my personal membership at WA, I came across many of these types of scams, but never dared to invest money into them, for this exact reason. You don’t know what you are getting, and you could simply be signing up to a scam or a pyramid scheme!
Do you have any ideas, other than the easy money guarantee, why people still keep falling for these traps, even though there is plenty of evidence out ther that they aren’t genuine?
Thanks for this article, it was so interesting to read!
Melanie
Hey Melanie,
thanks for checking out our blog and for writing some comments. Unfortunately there will always people who are desperate to make money quickly.
People in Debt, People who hate their job, People who cannot afford the rent, etc.
This is why these schemes get these people. They promise them exactly what they want. No more money troubles. But it only makes it worse. But they do not know this upfront.
It is often a scam like this that gets people into doing research. I lost a bit of money with another genuine auto trader on binary options, but at least I didn’t lose more than I could afford.
But some will often gamble it on the fact it might work and it never works out.
All we can try and do is help people find out about these scams and show them genuine ways to make money online.
thanks again Melanie,
John
This Brit Method make me remember a bot my friend just discovered recently that it can be use for cryptocurrency trading.
Believe, he ended up losing his money because of many factors he refused to put into consideration. Thanks for this review about Brit Method.
Binary Options alone is a risk that has chased many people back to square one.
Now Brit Method is here again. If care is not taken many ignorant people will fall victim of this platform.
That is why I found this review very useful. And it would be of great benefits for people that love reading reviews about something or platform before they use or join it. Although, this is my first time of hearing about Brit Method but I must say, the platform does not look worthwhile for people to join.
Only people that knows the cons and pros of binary options will understand better.
Hey Stella,
thanks for checking out our blog and for writing some comments. It is an unfortunate case that so many people believe all the crap these scams show people to get them hooked. We would all love to sit on a beach somewhere making money. But in reality, passive income requires a lot of work and some people are not willing to put the work in.
Hopefully we have stopped some people falling into these traps and that is why we love helping people.
thanks
John