Monaco Treasure Review

Monaco Treasure Review: There is one thing about various online ways of making money. You are ensured instant success and huge profits. However, there is always a risk of losing the entire money in one go if you are not choosing the right platform or automated trading software such as option robot etc. The same is the case with the binary option signals and other brokers if you do not choose the best binary options broker platforms and choose a poor one that tend to promise a lot to the online traders. There are various binary options trading platforms on the online portal –all of which promise the generation of higher returns upon successful binary trading on the online medium. However, the question comes about trusting a particular trading platform for the investment of the hard-earned money and go with that binary option robot software or reliable brokers like IQ Option.

Monaco Treasure Review

The traders need to be extra cautious while investing their money into any binary trading company. Only once they have done the complete in-depth research about the reliability of the online platform, they should consider taking a step forward. With so many online binary trading portals out there, one such name is that of the “Monaco Treasure” trading system. If you haven’t heard of this trading platform, then you can read on out the detailed review of the same. We will present to you the complete information about this trading platform along with the features, pros and cons and whether this trading system is reliable for you to invest your money or not.

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What is Monaco Treasure Binary Trading System?

This is an AI (Artificial Intelligence) binary software that is a recent name in the binary options trading industry. This binary system is considered to be the brainchild of the person named Mr. Alfred Malone. This trading platform has been founded on the allure and praises of Monaco that promises to offer to the investors a great deal of profits. The biggest point of alluring that the visitors might find with this trading platform is that the portal promises to generate as much as 20,000 US Dollars on a daily basis once the traders would start trading with this online trading company. This claim is too great to be true.

monaco treasure

This trading software is a relatively new binary options trading scam that has hit the market. Now, the reason for calling this trading platform as a scam is plentiful. We will explain about each of the reason in a detailed manner. The only thing that has happened for the poor individuals who have invested their hard-earned money into this portal is that they have been under great problems to withdraw the money as the trading company is a big-time fraud. The founder of this trading portal Alfred Malone is himself a total crook who tends to advertise the online trading company he alleges to have founded and designed by himself. He claims that his trading portal has the capability to generate thousands of dollars on a daily basis and that all the traders can be guaranteed success even with no efforts from their end. He also proceeds to claim that there is absolutely risk with this platform into investing money and then trading online.

If you are thinking that all of these information and claims are too good to be true, then you are on the right track. For those who have given into these fraudulent claims and fake promises, they have only ended up in regretting their decision. The Monaco Treasure trading system only lays out a trap of fake promises and guarantees that can lure in the potential traders into investing their money. The result is that the company actually runs away with the hard-earned money of the innocent traders. Therefore, if you are planning to start online binary trading, then you must watch for this trading company by not investing even a single penny into this.

Monaco Treasure – Alfred Malone

The first obvious indication about the illegitimacy and the fraudulent operation of this trading platform is the real identity of the alleged founder of this trading system as Alfred Malone. When you would visit the official website of this online trading software, you would come across the image of a gentleman who claims himself to be Alfred Malone. During the video representation of the trading platform, the viewers are shown this picture of the aged gentleman that is combined with a voice over narration. This point is itself obvious enough to show that the people involved with this trading platform are not genuine at all. If the voice would match the face of the individual shown in the video, there would not have any reason to simply show the face of the man. In addition to this, you can be assured of the fact that Mr. Alfred Malone is just a paid voice narrator who reads a script with the face of the man being completely different.

monaco treasure features

The stock images that have been shown in the video representation of the Monaco Treasure trading platform have been observed in various other online portals as well. So, if Mr. Alfred was in actual the founder of this trading system, then why would his images appear on other portals? This raises a big question over the reliability and authenticity of the trading system. Therefore, if you are looking out for some doubtful sign over the legitimacy of this trading system, then this is the topmost reason.

Monaco Treasure Trading System

There are several loopholes that have been observed in the overall functioning of this trading system that prove that this trading platform is an entire scam. One of the most disturbing truths that have been revealed about this system is that it makes use of scam brokers that are assigned to the traders for online trading. For any reliable binary options trading platform, the presence of a legit broker is the biggest advantage. The broker is the person who is concerned with the handling of the trading account of the traders and then making the investment to be transformed into potential profits. With so many scam brokers out there, it is essential to be aware of them to not end up in major losses. The unregulated and unlicensed brokers usually tend to run away with the invested money of the online traders. Such kinds of brokers are used by the Monaco Treasure trading system. Just to mention our favorite broker IQ Option you can’t go wrong with it.

The trading system actually makes use of a broker named “23 Traders”. Upon detailed research and analysis, it has revealed that this broker is completely unregulated and unlicensed. These brokers are not legally allowed anywhere in the world. Therefore, with the presence of such unreliable brokers with this trading system, you could be investing your money at your own risk. These unregulated brokers would do nothing apart from stealing your money and then never coming back with the same.

monaco treasure is about

There is one common complaint that the traders from across the corner of the world have generated that their trading accounts have simply been emptied with this trading system and that too without any notice or reason. Therefore, after these shocking revelations, you must take note of the fact that you will be trading with this platform at your own risk as this is highly unreliable and illegitimate binary options trading platform.

How Does Monaco Treasure Trading System Work?

The biggest turnover point of this trading system is that it makes several lucrative promises to the online traders out there. It makes several claims of the traders getting higher returns and huge profits once they would make an investment with this online portal. With so many lucrative claims and promises, the trading system does not even tell to its traders and viewers about the functioning of the trading system.

Whenever any trader is intended to invest money and do online trading with any online company, then he or she must be aware of the overall process of working of the system. The online trading company must provide to its traders several relevant information about its working in the form of the algorithm used, the trading methods and strategies used, the kind of oscillators and indicators, and several additional information.

However, the extent of information given out by this trading system is too minimal. The only piece of information the traders actually have is that the trading system makes the trades faster and optimizes them in some manner to generate higher returns for the traders. The end point is that no one, not even the alleged founder of this trading system tells the traders anything about the proper functioning of this trading platform. Therefore, there is no point in trusting this trading platform that gives out all signs of unreliability and illegitimacy.

monaco treasure testimonials

Monaco Treasure Scam Software

The promise as laid out by this trading software about the traders being able to generate huge profits on a daily basis is a complete fraud. Even if it were a legitimate trading system, even then the promises of making several thousands of dollars on a daily basis would be considered to be unreliable. This is because even the best of the online binary options trading companies manage to generate around $800 of profits on a daily basis for their traders. Therefore, the mere claim of this trading platform about generating higher returns in a short span of time cannot be relied upon. To just imagine that by sitting at home and doing nothing and even then earning thousands of dollars on a daily basis can be highly illogical on your part.

Another aspect that makes the Monaco Treasure trading system as quite interesting to observe and evaluate is that how the alleged founder Mr. Alfred says that the trading system runs on an AI (Artificial Intelligence) software. This software as claimed by him is engineered for entering and exiting trades without ever allowing room for any kind of loss. The hilarious this here is that the fake founder Mr. Alfred was able to create an AI software all by himself figuratively that allows the trades only that the system recognizes to be profitable and not of loss. The fact of allowing the traders to earn thousands of dollars on a daily basis with a success rate of 100 percent is just unbelievable. There is no trace of any true information being presented by this system.

Even on the official site, the testimonials presented by individuals named Jessica Black and Steve Mignanelli are all phony and there is no truth in them. These people are completely fake and are paid actors from fiverr to give lucrative testimonials about this trading portal.

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Is Monaco Treasure A Scam?

Every single characteristic and feature of this trading system is fabricated and speaks of unreliability and illegitimacy. There is no possible reliable way of earning the promised amount of profits from this trading system. With the presence of fake promises and unregulated brokers, you are only investing your money into a big trap. This online binary options trading system by Alfred Malone is a big time scam and you should not trust this platform. It does not hold the technical capacity to generate solid profitable results for the traders. It has just been invented with an intent to forge money out of the online traders and then make them suffer by running away with their hard-earned money. One cannot expect reliable profits by investing money into this trading system. Therefore, the binary options trading experts suggest the online traders to be aware of this trading system and to not invest the money into the same.


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Author: Michael Allen

Michael Allen is the main author at He holds a PhD in Economics and has worked in investment banking for 24 years.