About Quantum Income Machine
According to Julia Burke, creator of the Quantum Income Machine system, this easy-to-use software is the “first guaranteed money making opportunity in the history of money making opportunities.” How so?
Julia claims that Quantum Income Machine was originally developed by a reclusive finance professor at MIT, and its “sophisticated algorithm” has since been used by one of the largest financial institutions in the world. Due to some unfortunate (or fortunate, depending on how you look at it) circumstances, Julia was able to get her hands on this program, which trades binary options at a risk factor of just 0.004%.
In other words, Julia promises that Quantum Income Machine comes with essentially no risk, drops money into your account every three minutes, and basically does all the work for you. In fact, the process works over four steps:
- Log in with your username and password.
- Hit the deposit button to transfer money in seconds.
- Click the green (Go) button.
- Sit back and watch while the “world’s most powerful moneymaking system” goes to work for you. Their website claims you’ll make money every time you trade.
How awesome would it be to never have to worry about money again? How much more awesome would it be to accomplish this without any hard work or technical knowledge? I mean, according to Julia, you can’t fail!
Look, you might’ve sat through the entire 1-hour+ Quantum Income Machine video, only to learn a lot about Julia’s personal life and little else. Can her Quantum Income Machine really make you rich—without any hard work on your part? What’s the real deal? We’ll explore all of this here, so you can make a more informed decision.
Who is Julia Burke?
According to the Quantum Income Machine website, Julia Burke was raised on a small communal farm in northern California. She left home at age 16 and put herself through college by waiting tables. Today, she’s worth over $15 million, lives in a $5 million estate, and drives exotic cars. In fact, she’s claimed to be one of the top 10 richest entrepreneurs in Portland.
Did you notice how often “Julia” insisted that she’s a real person throughout the Quantum Income Machine video? Is she telling the truth?
Not as far as we could tell. Searching for Julia Burke (or Jamie Burke, as she was referred to in a graphic at the beginning of the video) located in Portland, OR returned no results—at least not matching the image or history of the person hosting the Quantum Income Machine video. We think this is curious, given her supposed high net worth and social status. What about the home she lives in?
It was difficult to understand exactly what she was saying, but it appeared the actor playing “Julia” stated she lived in Waxbury Estate. After spending a fair amount of time searching, we didn’t uncover anything matching this term in Portland, OR. Again, given the immense beauty of the home, this seems surprising.
Whether or not Julia is a real person or just a pseudonym, what is it she’s selling?
How Does Quantum Income Machine Make Money?
Again, despite the feature film length of Quantum Income Machine’s video, we walked away with little information about exactly how it supposedly makes you money. On top of this, after we attempted to enter our information into the website, we couldn’t get past the second landing page to (hopefully) find out more details. Fortunately, we’ve reviewed several other popular systems just like it, which we’ll talk more about in a second.
First though, in a nutshell, Quantum Income Machine is a binary options trading platform. Basically, using a broker’s software (more in the next section), you’ll be “betting” a pre-set amount of money that the price of a commodity will go up or down within a specific period of time. A couple admittedly simplistic examples:
- Do you think the price of silver will decrease within the next three minutes? You’d place a “put.”
- Have an instinct that timber will increase in price by 2:30pm tomorrow? If so, then you’d place a “call.”
After time has expired on the contract, if you guessed correctly, you’re said to be “in the money.” If not, then you’ll lose your entire wager.
Sounds pretty straightforward, right? What’s the problem here?
Is Binary Options Trading a Regulated Industry?
As we alluded to above, we’ve reviewed a lot of these binary options trading platforms, as they’ve become extremely popular over the last couple years, including Fast Cash Biz, Euro Millionaire System, Millionaire’s Blueprint, and more.
In general, they tend to come with extremely low online customer reviews, whether here on HighYa or on other consumer advocacy websites. Why? Most customers seem to complain that they’re said up simply to drain as much money from you as possible. This is often accomplished through hard selling tactics, requiring users to deposit more money into their account than originally advertised, and consistently losing money on trades.
Based on our research and reviews from customers just like you, the harsh reality is that most of these binary options moneymaking systems are simply sales funnels for brokerage firms headquartered outside of the United States. As such, they’re often subjected very little oversight and regulation (sometimes, none at all). In other words, there’s no “Julia Burke,” software created by MIT experts, or any of the other nonsense these systems often claim.
Furthermore, the U.S. Commodity Futures Trading Commission notes:
“The CFTC and SEC have received numerous complaints of fraud associated with websites that offer an opportunity to buy or trade binary options through Internet-based trading platforms. The complaints fall into at least three categories: refusal to credit customer accounts or reimburse funds to customers; identity theft; and manipulation of software to generate losing trades.”
It seems like Quantum Income Machine’s reputation has already started spreading around the internet, as Binary Options Watchdog calls it a “lousy scam,” while Binary Scam Alerts calls it an “evil scheme.”
Alright, it seems that there’s a lot more to the Quantum Income Machine that might have originally met the eye. But it’s free, right?
Is Quantum Income Machine Really Free?
To reiterate: there isn’t any Quantum Income Machine software. You’ll simply be required to sign up for an account with a brokerage firm who will “represent” each of your trades. Then, after depositing money into your account, you’ll use their software (which is often the same software used by dozens of other similar companies) to place binary options trades.
Remember, we weren’t able to get past Quantum Income Machine’s second landing page (even after attempting it on three different browsers), so we couldn’t learn which firm you’ll be doing business with. However, for most of these systems, you’ll be required to open an account and deposit anywhere between $250 and $500+.
Pro tip: “Julia” claims that 1 out of every 3 who sign up for the Quantum Income Machine system will receive $500 for free, although this is a common claim with these binary options platforms—one we have yet to see honored.
Taking all of this together, is it a wise decision to sign up for a Quantum Income Machine account?
Is Quantum Income Machine a Scam?
Is it technically possible that Quantum Income Machine is the real deal? Sure, we’re willing to admit that it’s within the realm of possibility. However, based on our extensive research reviewing many of these binary options trading platforms, in conjunction with hundreds of common complaints, we think it’s highly improbable.
Our recommendation? If you’re looking to maximize the returns on your investments, talk with a financial planner about more realistic—and legitimate—opportunities like Quantum Income Machine.
More on Working at Home and Making Money Online:
- How to Check Facts & Never Fall for False Information Again
- The 5 Laws of Avoiding Work at Home Scams
- Working from Home Isn’t What You Think: 3 Steps to Finding Success