One Touch is just the latest of a seemingly never-ending stream of auto-trading scams. There’s no doubt about it: there’s a whole industry behind fake auto trading, and it never rests. As soon as one scam stops hooking enough suckers, another one is launched. One Touch is a fine example of a mass-produced scam. With the quality factor thrown straight out the window, its makers were obviously just pushing for something to keep the community busy until they come up with their next private jet- and office-building scene-laden masterpiece. As ridiculous as those scams are, they’re a head and a shoulder above the One Touch App, which proves that one doesn’t even need to have a clear idea regarding what he’s selling. As long as the outrageous promises are there, woven into an impressive fabric of lies by a second-rate actor-wannabe, the goal is apparently accomplished.
What exactly is the One Touch Trade App though? We don’t really know… the people promoting it speak in such general terms that they could just as well be talking about a dozen other similarly “efficient” auto-traders out there. The software is apparently fully automated, giving traders access to signals, news and alerts (which are in essence also trading signals). The “algorithm,” which is obviously the only one in the world directly connected with the markets to deliver its signals, also keeps track of every trade ever made by its users. This way, it keeps improving. Already, from a dismal 75%, it’s improved to 85% ITM rate-wise. If you fall for this sort of mumbo-jumbo, you deserve to be scammed, so go ahead and make your deposit with these guys. You will never see your money again, of course, so don’t say you haven’t been forewarned. Pray tell, how exactly does the software improve itself based on past trades, if all these trades are of its own making to begin with? It bakes a cake out of nothing… it improves without any outside input. Great sales angle! Needless to say, past the above detailed jumble of lies, no specifics are actually given about how/why the software works. In fact, it seems like this video has been created in a way that makes it fit to promote several different auto-traders/signal services.
In the beginning, the software they were pushing was apparently one used by a number of other such scam operations. It was indeed an auto-trader, but it didn’t work, past wasting all the funds of its traders. That is of course to be expected, but such a level of recycling was a bit too much. That’s apparently what the creators thought too, since they replaced the software, without ever having to tweak their video. Contrary to what he Main Man of the operation, Jeffrey Petersen, claims, not everything is automated in the actual One Touch software. In fact, it’s little more than a signal service. In the demonstration that he gives us, Jeffrey Petersen has to manually place the trades that he’s making. Everything about this demonstration is fake though, just as everything is fake about the whole video too. When placing a Call trade on the USD/MXN pair, Jeffrey nonchalantly states that he’s read about “this company” in the news this morning… What company would that be? USD/MXN Inc? Talking about companies: the one claiming to be behind the operation, Gold Campbell Ltd. doesn’t actually exist.
The above said slip-up is far from being the only one made by Jeffrey Petersen though. He botches and stumbles his way through the video, obviously reading the script from a teleprompter. He sometimes seems like a sleazy salesman, other times as a bona-fide creep, and he fails to link two words together in a convincing manner. All that is quite surprising though, given who he really is. That’s right, this Jeffrey Petersen doesn’t actually exist. It’s a character played by B-movie actor Jeffrey Janoff, who can actually be found on YouTube, in a scene from the movie “Infinite Issues#2 – “Seduction of the Innocent.” The reason we’re saying his One Touch performance is surprisingly bad, is that he’s actually quite decent in the above said movie.
Another reason to be disappointed with Janoff’s One Touch showing is that this isn’t his first brush with the prolific world of binary option auto trading scams either. In fact, a little while ago, he could be found happily promoting a “Lottery Guide,” another scam in which his name was John Robbinson, and where he claimed he had made millions upon millions by winning the lottery.
Throughout his One Touch promotional video, Janoff resorts to every stale trick in the equally stale book of trading scams. He shows off his fabulous wealth by driving a solid (and doubtlessly rented) car, and by presenting the mansion rented by the scammers for the purpose of this video, as his own residence. He has a swimming pool and various other attractions in his back yard, including a couple of women, whose presence and degree of disrobement rings all sorts of alarm bells in the minds of those aware of what all this could really mean. Fortunately, they too are actresses hired for the video, so no, cousin Jeffrey doesn’t have any creepy dealings going down in his back yard.
The website of the operation seems clean enough, a far cry from the various graphical artifices so popular with these types of scams until not too long ago. Under the video, we have a tidy selection of fake testimonials, and yes, a major mistake or two have slipped in here as well. One of the people mentioned as a successful user of the One Touch software, called Richard Webb in the video, is in fact actor Glenn Baggerly (who is known for movies like Ghost Money, Everyman’s War and Music Within). He’s also a veteran of the Profits Infinity scam, in which he was named Mark Bromovitch. At the rate these scammers are refining their actor-finding and hiring practices, it’s but a matter of time till we see Nicholas Cage attempting to sell us an auto-trader, as Viktor Bout.
The bottom line: if you think “One Touch” in the name of the this scam is a reference to the binary option trade-type, you are thoroughly mistaken.
Stay away from the One Touch Software! If you’re serious about pursuing binary options as a money-making method, I suggest that you read our guidelines for dealing with binary options brokers and our binary options tutorial.
You’re also welcome to get in touch with us either by sending an email (ObjectiveBO@gmail.com) or by leaving a comment below this review.
Our Binary SCAM Scale (Last Updated: January 3, 2017)
(binary options scams, from the most dangerous to the least dangerous)
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