There is a new online trading system called Trade Uber (at tradeuber.online) that claims “the opportunity of a lifetime has arrived”.
The problem is that it sounds like a scam–and unfortunately it is.
They tell you that it doesn’t matter who you are or whether or not you have any experience, because with this system you are going to be able to make easy money.
The video presentation starts off with a bunch of clips from news broadcasts about Uber going public in the stock market–and how you can jump in on this opportunity.
There is a lot of talk about how you can make money from the comfort of your own home trading in Uber–and in the video presentation they even go as far to say that you will be able to buy a new home, car, or pay for a vacation.
Sounds pretty awesome and simple, does it not?
But it also sounds like a scam to me–and I’m guessing you are probably thinking the same thing.
The reason that sounds like a scam is because, well, it is a scam–and in this quick review I will be exposing it as such.
What Is Trade Uber?
Trade Uber is a new trading system being promoted online that can supposedly get you in on the opportunity to strike it rich investing in Uber.
They tell you that it is as simple as 1, 2, 3…
But as the saying goes, if something sounds too good to be true then it probably is.
This obviously sounds way too good to be true, and there are some serious concerns.
If you have ever been on my blog before then you know that I routinely expose online scams, many of which are online trading systems that supposedly work on autopilot and can make you rich. This is nothing new to me and right off the bat this seemed like another common scam.
The fact of the matter is that we have no reason to trust this place. There is no mention of the people behind this Trade Uber system. This place has no credibility whatsoever and it’s definitely not the type of place I would trust with my hard-earned money.
How It Works
Just as expected, they tell you little to nothing. They provide very vague information about how all you have to do is enter your information, fund your account, and then receive “expert advice”.
The Minimum investment is $250.
You will have to invest $250 into some system that has absolutely zero credibility and provides no reason for anyone to trust them.
To do this, they will refer you to one of their “trusted brokers”.
Digging a little deeper I found that in the FAQ section of the website they mention what you will be getting involved with is CFD trading…
A CFD (contract for difference) is an agreement between you and a broker to pay each other between the price of an asset (which in this case is Uber shares) when the contract is first made and when the contract is terminated.
With CFD’s you don’t actually own the asset–but just make a contract with the owner.
CFD’s have short-term trading periods and are very risky, in some ways even more risky than binary options, which are well known for being incredibly risky. With CFD trading you don’t know what is possible to earn or lose. It is impossible to know this.
They Count On You Losing Money!
CFD trading is risky enough in its own right, but CFD trading using the Trade Uber system pretty much guarantees that you lose money.
At the bottom of their website there is an affiliate disclosure, which basically says that they will receive commissions–in which they’re getting paid from the broker that they refer you to.
Now think about this for a second. Why would they be getting commissions just for referring you to a broker?
The reason is simple–because the Broker can count on you losing money.
You see–with Trading like this either you or the broker loses money–and if your broker is willing to pay a website like Trade Uber to refer people to them, then you better believe that they are making some good money from those referrals–meaning that you are losing money.
Conclusion – Avoid
This appears to me to be just another online trading scam that is taking advantage of a new popular trend, which in this case is investing in Uber because it has just went public on the stock market.
With every rising trend there are plenty of scams to accompany them. First it was Bitcoin and cryptocurrency trading system scams, then it was Cannabis trading system scams, then Neftlix was the focus, and now it is Uber trading system scams, and this will continue. Some scams I’ve exposed that are similar include Bitcoin Bonanza and Netflix Soft.
Can you really trust a place like this with your money?
If you think about that question for a second I’m sure you will come to the same conclusion as me–the answer is absolutely not.
There is absolutely no reason for anyone to trust this place.
Investing in Uber itself is in no way a scam, but this system definitely seems to be.
While I myself have not personally invested through this system and lost money, I have reviewed and exposed plenty of scams in the past to assume that this is just another.
Conclusion = Avoid
If you’re looking for a proven and legitimate way to make money online then I would highly suggest taking a look at my top picks for making money from home or this program that I use to make a living online (and have been using since 2015).
It is up to you whether or not to invest in the system, but I am definitely not going to be recommending it to any of my readers.
What do you think about it all?
Please Leave any comments or questions below and I’ll get back to you as soon as I can 🙂