If you have been looking for an easy way to make money online, you have maybe heard about CFD Society.
It sounds like it is a great opportunity, but is CFD Society a scam or a legit and fast way to earn a passive income?
In this CFD Society review, I will explain you what the site is offering, and I will show you some warning signs you need to be aware of, before you decide to join or not.
By knowing the details about CFD Society before joining, you will easily be able to decide for yourself, if it is worth the investment for you.
CFD Society at a Glance
CFD Society claims that you can learn to make a lot of money with no effort, and do this by working only 15 minutes a day. It sounds nice, but the site is full of warning signs that you should be careful about investing any money. Make sure you know about these signs before joining, so you know what you are getting into.
What is CFD Society?
It is very difficult to find out what CFD Society is actually offering just by looking at the website. There are not many details about it, other than it is a signaling trading system, where you can make a lot of money without much effort.
The first thing you will see is a presentation video. This video gives a lot of information about what you can expect by joining, and the video is basically the only information, you can get before you enter your email to join. So let me just go through a few of the main points the video claims CFD Society will offer you:
Complete access to the CFD trading signaling system:
The big thing you will get access to is the trading signaling system. There are not many details about what kind of trades it can help you with. But from the way it is explained and from seeing what comes after the presentation video, it looks very much like a system to trade binary options.
Binary options is a way where you can earn money by guessing if for example a certain currency increase and decreases in value. Already back in 2010, Forbes warned against binary options, and said it was a dangerous way to gamble. It is however still a popular way to try to make money, as it is very simple.
What CFD Society’s system claims to help you with is to make the right choices, so it will be possible for you to make money this way, even if you have no trading experience at all.
Complete control over your financial future:
By using this trading signaling system, you should be able to get complete control over your financial future. The presentation video explains that it is the only system that can make you over $5000 a month this easily, and because of this, you never have to worry about money again. You will even be able to do this from anywhere, as all it takes it internet access and around 20 minutes a day.
This sounds like a dream to many people, but as I will explain later, it might very well just be a dream to be able to make money this easily on this system.
Part of an exclusive inner circle:
There are supposedly only 100 spots left for people who want to join. The video says that it is not for members that just want to get rich overnight, but only for people that are serious. So if that is you, you will get access to an inner circle that gets access to the signaling trading tool.
Becoming a part of a smaller exclusive group that gets access to a tool that can make you a lot of money sounds very appealing. But once again, do not get too excited about these statements before you have read the rest of this review.
CFD Society’s system is supposedly completely risk free. The case study shown in the video shows that there is a 97% success rate.
Also, according to the video it does not cost anything to join CFD Society. It is true that it does not cost anything to enter your email and go to the next step, but do not think that it means you can start earning without any investment, which I will explain next.
What happens after you join?
You first step at CFD Society is to watch the video on the website and decide, if this sounds like something for you. I have a lot of experience with online marketing and have seen many online tricks, so I did definitely not think it sounded like something for me because of the warning signs, I will show you below.
But I decided to still give my email to get to the next step and see what would happen, and to be able to give more information in this review. So what did happen once I had given my email?
You get to a “member” site, where you can watch another video that explains the next step. You can also see a kind of demo of the signaling tool and a lot of great results from other members.
This next video reveals more about what you need to do, to be able to make money on CFD Society. There is a reason that you first watch a video that shows you a lot of great examples and promises a lot, before you get to a video that tells you the cost.
Before you are told the cost, you are first told that the average earnings of a member is $60,000, and as this is an average, you are more or less guaranteed to make this kind of money, and you can very likely make more. You are also told that you better learn to dance because that is what you will do, every time you earn money of this fail-proof signaling system.
Now, after you are really excited, you will be told again that it is free to use the tool, BUT there is minimum recommended investment of $250. Remember that this is a trading tool, so you have to invest something to be able to earn. Before you decide if it is worth this investment, let me show you the warning signs I have hinted at a few times already. You need to know these before making any decisions about making any investments at CFD Society.
Warning signs you need to know
When you look for ways to make money online, you need to be careful. There are definitely ways that are legit and can make good money (read more about my preferred online business method), but there are unfortunately many more ways where you will end up losing your money instead.
I have been in the online marketing world for years, and have tested a lot of sites, so I am aware of many of the warning signs that shows you have to be careful about a site. The warning signs you have to consider before joining CFD Society are:
VIP spot number keeps changing:
When you are on CFD’s website, you can see a small counter in the bottom corner of the screen. This is a counter that shows you how many VIP spots that are left. It is a way to create a sense of urgency and make you think it is an offer that will soon run out.
The number keeps going down after you come to the website, until it reaches 1 spot left. It keeps being on 1, so you think there is just one spot left for you, if you hurry. I can tell you that you do not have to let this stress you out. If you close the website and open it again, the number will be back up. So not really a true counter:-)
You can however not use this trick alone as an indicator it is a site to stay away from. This is unfortunately a trick used by many online marketers – even by some very popular brands. It is simply a way to encourage you to make a decision fast, before you have time to get second thoughts.
Only limited spots:
In addition to having a counter that shows the VIP spots, the CFD Society presentation video also says that it is a software that will only be given to 100 new members.
Again, just a trick to get you to feel like you are getting a special offer and have to act fast. Do not worry – if you really decide to join CFD Society, you will have plenty of time. As mentioned above, the counter seems to never reach zero:-)
Fake picture of owner:
On CFD Society’s website you can see a big picture of Chris Chase, who is the owner and inventor of this trading signaling system. It is nice to see who is actually behind a website, and it builds trust.
The problem is just that it is not really a picture of the owner. I know this, because I ran the picture of him through an image recognition tool, and I found the exact same image several other places online. It is a stock photo that can be bought, and among others, the picture is also used on an America phone company’s website as a client testimonial from a Martin Lorrenso, it is used on a Canadian loaning website as a client testimonial from a Carlos D., and it is used on an American online article directory as the picture of an author named John Robert. (if you want to check this yourself, you can use the free online tool TinEye for this).
When a fake picture is used to represent the owner of a company, it is something that worries me, and in my opinion this is a sign a site has something to hide. Therefore, I see this as a clear warning sign.
Promise you can earn a living by not really doing anything or having any skills:
A big warning sign on any site that teaches you to make money online is, if the the income promise is too good to be true. On CFD, you are told that you can easily make a living by just working 15-20 minutes a day. You do not even have to have any special skills for this.
Any program that promises that you can make a living or become rich with more or less no effort is something to be very careful about. The reality of making money online is that it is definitely very possible, but it takes work and effort to be successful, like it does with any other kind of business.
Video will be taken down:
When you watch the presentation video, you are told that it will only be available for a few days, because it will be taken down by somebody that will try to protect this money making secret.
Again, do not worry about the video and opportunity to disappear. I have checked the website regularly over a longer period of time, and the video is still there. And my guess is that it will probably keep being there as long as there are people that are interested in hearing about CFD Society:-)
You have no time to decide:
You are really pushed into taking a decision to join CFD Society. I do not mind that websites give offers that are only available for a short time. That is fair enough. But in my opinion, the problem about the offer on CFD is that you do not really know what you are getting. And you are pushed into making a decision within a few minutes.
You are told that your link and opportunity will expire as soon as you leave the video. You are told that you owe it to yourself and your family to act now, and you are even told that you have no time to think about it or sleep on it.
When a site is being this pushy and trying this hard to get you to make a decision right away, it is a clear sign that they do not want you to go out and look for more information about the opportunity before getting involved. To me that is a sign that you have to be careful.
No real information about the site:
It is not possible to find any real information about CFD Society. There is no information about where the company is located, the picture of the owner is a stock photo, and the support option at the bottom of the page does not work. Furthermore, you do not get a lot of information about what you get out of joining, before you have to pay.
When there is no real information about who is behind a site, and when it is not clear what you have to pay for, until after you have paid, it is a big warning sign.
What about the great testimonials?
As you can see above, there are many signs that you have to be careful before investing any money on CFD Society. But you might then think “But what about all the great testimonials?”.
This is a very good point, and the testimonials that are in both the video and on the page makes it look like a lot of people are happy about being a member. Before taking this as a guarantee there are however some things you need to know.
First of all, several of the pictures that are used for the testimonials are taken from other websites. I found out about this by using the same tool, I used to find out the picture of the owner was a stock photo.
Furthermore, the testimonials in the video are from actors. This is not something I am just guessing. This is actually something CFD Society reveals on the website, if you find the disclaimer that is in small print on the bottom of the site.
As you can see, it is stated that actors are used, and that you should only watch the video for entertainment. It basically says that you cannot expect to make the kind of money the video suggests. This is very contradictory to the rest of what the site is trying to show.
So if you do not think the other warning signs was enough to make you careful and consider twice, then the disclaimer definitely should convince you to be careful and not to believe all the claims made on the site.
Final thoughts – not worth the risk
Usually I finish my reviews with a list of pros and cons. But to be honest, I have not been able to find any pros about CFD Society.
It is definitely not a tool, I would be willing to invest any money in, and before you decide to do so, I encourage you to strongly think about the aspects, I have told you about in this review. Then at least you know the risks before investing anything. If you are interested in making money online, I would however instead suggest you to check out my top recommended platform for this.
If you have any comments, questions, or have any experiences with CFD Society yourself, I would love to hear from you in a comment below.