Looking for an honest Tesler System review? Or simply want to know if its a scam? Tesler System is obviously trying to capitalise on the Tesla brand in order to appear to have authority. This system is suppose to be a 100% risk free binary trading, But those of you have been online for a while would know that 90% of binary trading systems are complete scams.
Is Tesler System a legitimate binary trading option that could make you a small fortune? Or is this just another binary scam hoping to drain your pockets? Most people looking into these systems are hoping in some way they will change their financial situation.
Get rich quick schemes target the financially desperate, the naive or simply sell you the dream of fast money. Unfortunately they just leave you in a worse position, scaring you away from any online businesses or real opportunities.
Fortunately you do not need to be scammed with this one, or any other for that matter. In my time with Affiliated Success I have reviewed literally hundreds of investment scams, affiliate programs and get rich schemes. I have also reviewed a stack of programs that will make you money if you apply them and do the work.
If you are looking for looking for real training that will teach you the keys to success online then this is for you. This isn’t a get rich scheme, it is a real problem with real outcomes that will allow you to grow an income stream over time.
Out of the 100s of programs I have tried and tested, this program has helped me make the MOST MONEY and helped me learn all the skills I needed to do it.
If you are serious about making money online this is the program for you:
Tesler System Review
Before we even begin diving into this, this “system” has absolutely nothing to do with Tesla. I know the spelling is different, but a lot of people may know the brand but not the spelling. I hope you have landed on this page after seeing the Tesler system and decided to do a bit of research before diving in.
Lets not beat around the bush here, this is a complete scam. 100% there is NOT A CHANCE YOU WILL MAKE MONEY.
For those of you who are knew to binary trading, the premise is quite simple. As explained by Investopedia,
A binary option is a financial product where the buyer receives a payout or loses their investment, based on if the option expires in the money. Binary options depend on the outcome of a “yes or no” proposition, hence the name “binary.” Binary options have an expiry date and/or time. At the time of expiry, the price of the underlying asset must be on the correct side of the strike price (based on the trade taken) for the trader to make a profit.
What that means in simple term is you chose whether a price will go up and down by a certain time. If you are correct it pays out.
The Tesler System claims to run on what they term a “Lead Pattern” algorithm. This system is non existent in trading circles. In fact, if you google lead pattern binary trading, you are only presented with reviews of the Tesler System scam!
With that in mind, what exactly is the Tesler System suppose to be?
What Is Tesler System About?
As mentioned before the system runs on a non-existent algorithm. The website promotes an app that apparently comes with the system and allows you to trade. To get a free trial, all you need to do is sign up with your email! So, they can then scam you with many other scams!
Like all true scams the website is basic with a sales video and a sign-up form. Plastered across the top of the video is the incredibly bold and hyped claim that you can make $237 per hour just by testing the program for 5 minutes.
The video goes on to sell you the dream and try and convince you that this program can make you a millionaire! It is filled with “technical” jargon that really has no bearing to a working system. Such as mentioning the Tesler app takes advantage of powerful mainframe systems to process trading data.
Mainframe computers are much larger than consumer PCs and are used to process large amounts of data and computations. In today’s society they are the back bone of virtually all systems and are available through major tech providers like AWS.
We are introduced to the apparent CEO of Tesler Investments, Steven Abrahams, who states that he created the platform to provide every day consumers with a 100% risk free trading option.
This statement alone is enough to immediately discredit the entire platform. No legitimate platform would make this claim because its blatantly untrue and would just be a minefield for lawsuits.
How Does Tesler System Work?
The reason why binary scams use to be so prolific was because the system is really easy to explain and understand. You put a position, up or down, and after a set amount of time if you are right you make money.
The scammers then just have to convince you they they have a algorithm or software that will accurately tell you which position to take. More sophisticated binary scams actually have no links to any markets. They let you “win” a few positions to get you to deposit more, then drain your account.
Tesler System kind of works like the later, except they never let you “win” anything. Once you sign up you need to deposit a minimum of $250 to start trading. In the testing trial it will obviously be very easy, and you will have lost of fake profits.
After depositing the money, the Teslar training system will take over and make automatic trades for you. They are completely random, and not based on any algorithms. You will watch as your account drains all the way to $0 without being able to stop it.
At that point you will be pissed off, more than likely contact support. They will let you know it was your fault, and you had the wrong settings set up. You will be able to change them and make all the money back….if you deposit more into your account.
And the cycle continues. This follows the typical cycle of any scam. Lure in the victim, then once you have got them, try and convince them to keep putting money in.
They take advantage of a common gambling mentality, chasing your losses. People have a hard time accepting they just lost $250, so are inclined to reinvest to try and win it back. Binary scams are just about dead, but this one is still getting people. The long and short of it is, Telser System works by enticing you to keep investing, and drains your account. Its that simple.
Tesler System Red Flags
The red flags are pretty abundant on this one, and mostly due to the type of scam it is. As soon as you are presented with an investment system that promises a 100% risk free trading strategy, you should throw it out the window.
If there was such thing as a 100% risk free trading strategy, wouldn’t we all be rich?
Fake CEO Steven Abrahams
When we look at the video, its pretty apparent that those speaking are paid actors. Firstly the investment world is pretty small. What I mean is, those who are truely making a lot of money, and have revolutionary systems are everywhere. They have a strong social presence, they get invited to do speaking gigs, podcasts, videos and write articles.
Steven Abrahams does not exist online at all. When we google Steven Abrahams Tesler Investments, again we are just met with a bunch of reviews of the scam.
Generally I like to find the paid actors on Fivver or Upwork, but it is clear that all these testimonials are fake. Firstly because Steven Abrahamas is clearly fake and an actor, and secondly because of how the system works.
With no real algorithm, and a scam team to entice you to continually deposit higher amounts there is no way anyone could make any money from this program.
I focus just on the girl, as I was sure we would be able to find her match doing a reverse image search. And as I predicted she comes up on dating sites – her image is used online as an example of a user in a lot of apps.
So what is the verdict? Is Tesler System a Scam? If you don’t know the answer by now – get off the internet straight away, you will lose all your money to scammers!
Tesler System Scam or Legit? The Verdict
I think it is pretty clear this is 100% a scam. If you sign up to this program be prepared to lose a lot of money. Just stay away from binary options trading all together. It is a very risky place to venture in to if you are not good at spotting scammers.
Unlike what this system suggests investing always comes with risks – there are no magic systems that can guarantee you will make money. If you are looking for a low cost way to make money online, that can slowly build you a passive income stream then I have the solution for you.
Now this is not a get rich quick scheme. If you think you will be rich over night, this isn’t for you and quite frankly you will never find what you are looking for. But if you want a real solution and are willing to commit to the work, and invest in yourself check out my recommendation below.
Of all the platforms, systems and schemes I have review this is the BEST way to make money online and change your financial outlook. If you are tired of scams and want a real solution, click the link and unlock your financial future!