The Swiss investment and finance regulator FINMA has issued a warning that the Swiss Methode automated binary options trading system and the company that offers it – Baltimore Capital are not registered in Switzerland.
In its typical laconic style the regulator does not provide any further details besides a Swiss address of the company.
An SMN check of the Swiss Methode website revealed that it is yet another example of the global scam with binary options trading robots that promise huge profits. There is “Danske Methode” of which the Danish regulator already warned, the “Canuck Method”, for which there is also a warning. There is also “The Brit Method” and “The Aussie Method” that have been fleecing people at least since last year.
In this particular case, the promotional video is for Original Swiss Methode v2 and promises a profit of $100 000 in a month. It was developed by Max Fischer, a guy who is neither a college graduate, nor a mathematician, much like “Jason Taylor”, “Jake Pertu”, “Jake Mason” and “Soren Jensen”.