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 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!
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.
Product Review Summary
Product Name: The Brit Method
Owner: Jason Taylor?
Product Type: Binary Options Auto Trading Platform
Price: Minimum Deposit of £250
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.
Recommended? Definitely Not
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.
What is Good About The Brit Method (PROS)
Here is what we liked about it:
This Led Me to What I Do Now…
I always try and remain objective when reviewing platforms, and at first, I was like I couldn’t find anything positive to do with this product. But then I thought that if I hadn’t checked this out back in 2016 and then started researching a little more then I would never have found Wealthy Affiliate. If I had not found WA, then I wouldn’t be where I am now. So, I suppose the statement that everything has a silver lining works here.
What Could Product Improve on? (CONS)
Here is what we didn’t like:
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?
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.
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…
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.
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
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.
My Honest Opinion of the Brit Method - 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…
Want to Make Money Online, But Don’t Know Where to Start?
I cannot teach you binary options trading, I could just about get my head around it, but it resembled gambling a little too much for my liking and I would rather play the lottery.
But what I can do is show you another genuine route to make money online, one that doesn’t require a maths degree and all it requires for your commitment to put in the time and effort to see it through.
I mentioned it earlier, but Gem and I make money online via Affiliate Marketing.
What is Affiliate Marketing?
Affiliate Marketing might be a subject you haven’t heard of, but you might have actually been involved with before without knowing. Affiliate Marketing is where you can sign up with an affiliate program and get a reward if a customer buys something that you promote.
The easiest affiliate program you can join is with Amazon. That would give you access to over 570,000 products you could promote via a website of your own. If someone comes to your website and decides to buy something you have written about, then you would receive a percentage of the sale price.
There are four stages you will need to follow to be successful:
- Choose an Interest – what are you going to write about
- Build a Website – We can help you get a free website
- Attract Visitors to your website – No visitors, no sales
- Earn Money
It is a simple premise, but there is a lot of stuff to learn. But don’t think because we mentioned building a website that you will not be able to do it. Before we joined our top recommended program for learning affiliate marketing, we had no clue on how easy it was to build a website. With the right training, anything is possible and that is what we are offering.
Our top recommended program offers fantastic training and support for those who want to give affiliate marketing a bash and build their own business in a subject that you love.
That is what I love most about affiliate marketing, if you want to start a business promoting fishing tackle because that is your passion then do it.
Love arts and crafts, it’s there for you…
Love keeping fit and think you can offer some value to others; affiliate marketing can be for you.
Whatever you are interested in, affiliate marketing can and will accommodate.
The four steps above have been adopted by thousands of successful affiliate marketers who have built their own profitable affiliate marketing business online.
The training platform we recommend is Wealthy Affiliate. With their proven step-by-step training we were able to build an online business that makes money and we were also able to take the next step and help others find genuine ways to make money online.
You can follow our footsteps and start your own journey too.
Know that you will need to actually put some work in to follow the steps and learn what you need to know to make it successful. This is not a get-rich-quick scheme and like I said, we haven’t found that works.
But we do know that Wealthy Affiliate works. Check out our Wealthy Affiliate review and you will see some of the success stories that have been because of Wealthy Affiliate.
But if you truly want to see what Wealthy Affiliate has to offer, why not try a free starter membership which will give you a full insight into what they have to offer those who are willing to put the effort in.
You will not need a credit card; all you need to do is sign up via the button below and you will be in and can start following the fantastic training that will lead you on your way to a successful online business.
If you feel it isn’t for you after checking it out, I wish you luck as you continue your search for ways to make money online. But whilst there is a lot of risk associated with binary options trading. It is not the case with affiliate marketing.
Check out a free starter membership with Wealthy Affiliate by clicking the button below.
You will soon see that there are thousands of affiliate marketers within that are there to help you, and you will get my personal support as soon as you sign in. Make sure you set up your profile and I will be there to come and say hello as soon as I can.
Thanks for checking out our review of the Brit Method. Have you got any questions or experience with these types of scam…? We would love to hear from you, write them in the comments below and we will get back to you as soon as we can. Thanks 🙂