Today’s we be taking a look at Tesler Software and see if its worth our time.
You’ve probably heard about this software and you’re wondering if it is legitimate.
With its name, one might even be fooled that it has something to do with the revolutionary car company, Tesla.
Regardless, it seems Tesler software is making waves in the binary trading business.
Tesler Software Review
Product Name: Tesler Software
Product Type: Binary Trading Bot system/scam.
Founder: Steven Abrahams (Fake Name)
Price: $300 Minimum Deposit
Best For: Nobody. It’s a Scam!
Summary: Tesler Software is just another one of those quick sales funnels that markets ‘Binary Trading Bots’ to unsuspecting people who are trying to find online investments.
It’s the same lure that we see so often telling people that they can make 1,000’s of dollars on autopilot, just deposit $300 dollars into this unknown offshore brokerage account. You get the picture.
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What Is Tesler Software?
Tesler software is owned by Steven Abrahams, it’s clear that this is not a real person but an alias (see below).
This software allegedly teaches people how to make money online fast, completely on auto-pilot.
The idea, much like other auto-binary trading bots, is a set and forget the system while.
Flip on the switch, and watch the cash flow.
We know auto-trading bots don’t really work, especially the ones that promises to “Never Fail”.
In one of Tesler’s ads, this product claims to help you earn up to $237 per hour.
On their website, Mr. Abrahams appears in a video, ensuring prospective investors that this auto trading platform isn’t a scam.
When you have to tell people your product is not a scam, there’s a good chance it is a scam.
Tesler Red Flags: Loads of Hype, No Results
The video also shows the current date while the intro is made, seemingly appearing to be on a major news site.
In addition, Mr. Abrahams mentioned several media outlets that have reported on and had the chance to verify, the featured auto trading software.
There’s a problem:
None of these news outlets ever featured an article about the product.
Or anything about Mr.Abrahams.
Tesler’s website also featured testimonials from “people” who had success with the software.
And to assure skeptics, refreshing the website will show updated information on the pertinent numbers and figures.
According to Mr. Abrahams, Tesler software was created for the everyday folks, not for the trading industry insiders.
This binary trading software is designed for stay-at-home moms, cab drivers, and the like, he said.
But why did Mr. Abrahams choose “normal people” as his target market?
These folks lead busy lives, and may not have the time to sit in front of the computer to monitor trading.
Or is it because “normal people” are more likely to not know any better? and are easy victims?
It seems like the product is designed for everyone, because all it requires is for someone to invest the cash and hit the “On” switch.
As it turns out, there’s a little more to it than that.
How Does Tesler Software Work?
The way it works is much like the way any auto-trading bot works.
You sign-up to the “Free” program, sign-up with their recommended trading platform, deposit cash, and flip the “On” switch.
The bot is supposed to make trades based on the best success chance, and all you have to do is watch and wait.
On the other hand, in most cases, you won’t make any profit.
You have to invest over $300 alone to make an active account.
So you will need to somehow make enough successful trades to earn back that $300 to make a profit.
Unfortunately, most people are not able to recoup their losses.
Most people don’t even make a cent.
In short, money is sent down the drain… and the auto-bot doesn’t work.
Is Tesler Software a Scam?
There has been a lot of talk regarding this potentially lucrative trading platform.
Its selling point, according to its creators, is that the Tesler software is all about helping people earn money from 90 percent risk-free binary trading.
Sounds tempting… doesn’t it?
Unfortunately there is no such thing as risk-free binary trading.
Here’s another binary trading scam we reviewed called Quick Cash System.
As a matter of fact, there’s several programs that are all run the same way; Fast Cash Biz, Bitcoin Millionaire Club, Q Bits Mega Profit System, Binary Robot 365, and Quantum Cash Machine.
Minimal investment, low interaction required, no trading experience or knowledge necessary—didn’t you notice it’s all too good to be true?
In my opinion, Tesler Software is a scam.
One that is quite common in the binary trading industry.
You’ll see a lot of similar products in the industry, and new ones appear everyday.
Its all fake.
But in case you wanted some more proof…
Steven Abraham Appears in Other Products
Like most quick-rich schemes, Tesler software is bogus.
It simply lures prospective investors into thinking they can make money fast and easy.
But in reality, this product only swindled away their money.
How do we know Tesler is fake? For starters, the Steven Abrahams of Tesler Investments, as pictured above, is not a real person.
He is a paid actor.
Here is “Steven Abrahams of Tesler Investments” as “Dr. Steve Francis” who has a PhD in animal behavior, appearing in a marketing ad for a company or brand called Swarm Intelligence.
Makes you want to question if the testimonials appearing on Teslar’s website are real too…
Well, they’re not.
Most of the testimonials are from Fiverr sellers who will make a video testimonials for literally anything for a few bucks.
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Tesler: More Promises, Nothing but Lies
Teslar software is marketed as a risk-free trading system that promises big financial rewards.
Prospective investors are promised that they will make hundreds of dollars fast and easy.
What Teslar software doesn’t mention is all these claims are fake.
Pictured above is Teslar’s disclaimer, which is evidently hidden from the general view; this is not apparent within the sales or marketing materials, appearing only in fine print.
The disclaimer reads there is no guarantee that investors will earn profits and may even stand to lose any or all deposited investment funds, which is contrary to its selling point “100% risk-free trading system.”
Conclusion: Is Tesler Software a Scam or Not?
Well now you have the answer to the questions, “Is Tesler Software a Scam?” and the answer is a clear Yes.
The product has way too many red-flags and promises way too much.
You’re told you can make thousands of dollars without even lifting a finger, and other crazy income-claims.
In truth you will likely lose more money than you invest.
Long story short, Tesler Software is just another one of those quick sales funnels that promise the world because the person behind it wants some quick commissions.
Tesler Software is Nothing But a Scam:
If you don’t want to lose your hard-earned money, stay away from Tesler software.
It is a bogus investment scheme designed to siphon your investment.
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Thanks for taking the time to read this Tesler Software Review!
Wow, thanks for sharing this review on Tesler Software. That guy who created this sound like a real piece of work.
I’m definitely gonna make sure to watch out for this product. This is the reason why I never invest into a program without doing a little research first because in this day and age it’s easy to get misled.
Thanks for the feedback on Tesler Software Casey, much appreciated and if you want to invest in something online to produce income, try creating your own online business.
It’s not as hard as you think with the right tools and resources. Plus the extra income is awesome.
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Oh my goodness, scary or what!?!?!? I must admit, I haven’t been brave enough to test the waters of binary trading.
I have tried to make sense of mechanism and of the tools most frequently available, but never amounted to much success when I tried to trade on a tester system.
And one of the reasons of my failure, I have to say, is the fact that, as a part time working wife and mother, I don’t have the time to keep checking on the trending trades.
So, if you will, Mr Abraham (or whoever it may be) did spot a gap in the market, when he thought of promoting an automated way of trading.
But, I can see your point when you advise to steer clear of this particular software – I am very distrusting of promotional videos that do not explain in details how the actual system works, but purely go round and round in circle praising the glories of a fantastic ‘phantom’ system.
I don’t believe in magic, more so when it is to do with binary option and with gambling people’s hard earned $300 deposit. Thank you for the heads up, I think I am going to give it a miss!
Sounds like a good plan Giulia. Thanks for your feedback on the Tesler Software program and stay safe out there.
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Matt's Mom says
Anyone or company that says I can make money online fast on auto pilot, screams scam to me for sure. Then to have to pay $300 for you really don’t know what, is scary.
I agree with you that Tesler has so many red flags! I had heard of it, and wanted to investigate further, because in the back of my mind, it spoke scam.
Glad I found your review, which is in agreement with me. I know that I will stay clear of Tesler for sure!
Awesome feedback Matt’s Mom, thanks for sharing your thoughts on our Tesler Softwar review. Thanks
It pisses me off to see these kinds of get rich quick schemes (like Tesler Software) because I have been a victim in binary options trading BS.
Honestly, there are many of us desperately trying to find ways to be independently free ourselves from that dreadful 9 to 5 job.
And its so easy how those scammers out there will take advantage of that.
Thanks mate for finding out about Tesler. And very impressive that you manage to find strong evidence against this Mr. Abrahams as an investor and as a doctor. Lol.
They have to use the same actor. Amazing that these guys have the nerve to fool people.
Thanks Raymond for the feedback. At least we can get the word out so more people really know what this Tesler Software is really about. Hopefully we can save some people a bit of money and get them started on the right track.
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mylene frianeza says
Thanks for this review. I was about to deposit 250 dollars as I was told yesterday. But my daughter said that it might be a scam. Thanks again.
Awesome Mylene, thanks for your feedback and glad we were able to help out.
There’s no magic money making machine online. You have to provide something of value for people and you might be surprised how easy you can do it.
How most anyone can do it. Check out our Free Internet Marketing Training eCourse and see if making money online is for you or not.
At least it won’t cost you anything to figure it out.
I don’t think I have come across Tesler Software before but I will definitely be sure to stay away from it now after reading this review!
Prior to joining a training program called Wealthy Affiliate, I came across many sites similar to Tesler and almost bought into those before finding out they were just scams.
I think the reason why there are so many of these types of scams around is because there is still plenty of those who believe wealth can be created overnight which is definitely false, despite what any programs say.
However, I do appreciate you taking the time to expose scams like these!
Thanks for the feedback on Tesler Software, much appreciated Arie. Wealthy Affiliate is where I got my start over 3.5 years ago and I’m still a member and taking weekly webinars. It’s a great program with a lot of value.
Most people who experience WA feel the same way. Like there’s so much out there that’s a complete waste of time. Luckily you found Wealthy Affiliate like I did.
Best of luck to you, just keep at it and it will happen. It’s good that you have a realistic perspective on the subject now as well.