In this Cobalt Code review, I am going to expose this dirty scam which is using a very cheap way to make people believe that they make millions of money using the Cobalt Code Software.
This is probably the worst scam system I have encountered till now because nothing about this platform seems authentic. You are dealing with a group of fraudsters who are only after your money.
If you have received an email from any unknown sources asking you to join this platform do yourself a favor by rejecting that mail and go through this article and find out why I call thus a scam.
It has got the worst Website
While many scammers seem to spend a lot of money into designing and moderating their websites the people behind Cobalt Code seem to have done nothing about it.
Everything about the system seems very cheesy and looks like as it is a fictional money making website. Although it is a system which has no authenticity, the website gives me a full advantage to expose it.
This makes it more suspicious because who would want to trade with a system which has no proper information about the own product. Moreover, there are no clear information nor contact details that would connect you to a separate support team.
Bogus Video Presentation
The promotional video of the Cobalt Code is very much of a stereotypical scam video of a financial trading system. As expected it shows all the expensive cars, houses, wine and women but no tangible information about the trading system has been provided.
Everything about the system is fictitious, and the people acting in it are dubious and mostly bad actors. All the promises made by Mr. Stone are fictitious and in no way comparable to the amount of money that can be generated from a binary options trading system in real life.
Who is Mr. Stone?
Grant Stone is probably a fictional name and has been used by the presenter to hide his real identity. According to him, he used to be a mine worker from Madagascar who left his job in order to concentrate on making the Cobalt Code software.
According to him he gathered knowledge about the Cobalt industry and used this to develop a software from the strategies he devised using that information.
I don’t even think this is possible and makes me wonder how cobalt industry can help in developing software to trade in binary options trading. This is a kind of a completely rubbish story that you should never believe.
What is the Cobalt Code software?
The Cobalt Code software is the name of the software with the help of which Mr. Stone analyses the right trading signal and sends them to his client. As these signals are personally analyzed by Mr. Stone with the knowledge he gained from the cobalt industry, there is no chance of failure.
This is complete nonsense and has no credibility at all because as told earlier the cobalt industry has nothing to do with binary options trading.
Fake Testimonials Exposed
The most foolish part of the system is the testimonials section which has been displayed to lure innocent people. I made a brief investigation about the testimonials after changing the VPN in my browser and found that the pictures of the people remained same where as the names were different. This is enough to prove that the platform is a rubbish good for nothing system.
Just compare this picture with the picture given below. I hope I will make myself clear with this one.
Moreover, these faces don’t look Indian at all, and anybody falling for such a foolish website will only help this scammer fulfill their rubbish job.
Some really cheap information
The Cobalt code system has really cheap things displayed on its website. It seems like the scammers in order to make their system look genuine included some very cheap details which actually backfired.
For example, in the Frequently Asked Question section there is some very cheesy explanation of the questions they put up. For example, in response to the question “But I don’t know anything about Cobalt?” the explanation is made in this way, ‘That’s absolutely OK. Almost no one knows about Cobalt. That’s why it made me rich because I do know all about it…..’ and so on.
This is something funny I experienced for the first time which must be the work of a not so well planned scammers.
Also in one of the sign-up section just below the ‘Enter your best email here’ it is written ‘I don’t want to be poor anymore’ in place of ‘sign up.’ This is another cheap way to trap innocent people. This also proves the cheap attitude which the scammers have towards the common people.
Is the Cobalt Code Licensed?
This question was unnecessary to point out because no regulating body would ever verify this bogus trading system. Although it is written on the website that the Cobalt Code is verified by three Independent law firms, there is no proof to all these claims and believing this just because it is put up on the website will give nothing in return.
Verdict: Just Ignore this System!
I am not in a position to recommend this system to you or anybody. The Cobalt Code is no doubt a notorious scam which will not even offer you a penny so, forget about becoming a millionaire.
Just look for a professional trading platform and start trading after learning about the proper ways of trading and not by relying upon some unknown fraudster who promises to give you trading signals from his own because that is not the proper way to start trading in the binary options market.