Binary Review Faunus Education

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Binary Review: Faunus Education

Summary: This educational program has a lot of work to do before it is ready to actually educate.

Today I’m looking at a new service that provides traders with a collection of different resources from signals to videos, Faunus Education. The service claims to provide traders with the e-books, binary options news, trading signals and a video centre with over 300 videos. The main purpose of the service is to educate traders and provide “a gateway to the world of trading.”

There is no information on the developer on the sales page, but in doing research on the domain name I’ve found that the website is owned by Pavel Bykov. Pavel owns an affiliate network called Faunus Affiliate. The company is TONAS Development Ltd, located at the Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH96960, Marshall Islands. Support can be accessed via a contact form.

Faunus Education Review

It comes across as odd that the creator of the Faunus Education service is actually the owner of another business in an entirely different market that has nothing to do with trading. When I’m looking to register with an education program, I prefer that the creator is a trader himself. That doesn’t mean that this is a bad service by any means, because Pavel could hire talented traders to take control of this business, but that’s just not my personal preference.

In order to access the content, you can register your email address and start going through videos and e-books immediately. I completed this step, and look through many of the videos and e-books but they were all very short and quite useless. All of the information found in the e-books and videos can easily be found online because they are just basic introductions to trading. There is no detailed information and no real strategies that can actually help you take action and start trading. This makes sense considering that the developer of the system is not a trader and likely outsourced the creation of this information.

The signals feature is not available. The glossary, calendar and news sections offer very little value either.

VIP Trading Coaching

The Faunus Education services also offer VIP trade coaching. In this section, we are offered 6 features

  • Free Demo Account
  • Limited Edition E-Books
  • Expanded Knowledge Base
  • Private Video Lessons
  • Verified Broker Account
  • 24/7 Personal Coach

According to this section the website, traders get to choose a coach that will help them achieve their goals in the binary options marketplace. There are 4 different coaches available, Logan Walsh, Omar Acevedo, Clarisse Gilson and Andreas Einhorn. Despite each of them claiming to have had years and years of experience, there is no information on any of them anywhere online at side of this website. This makes it difficult to believe that these people are real, and not just fabricated by the creators of the service.

Another weird thing, is that when you click on the VIP section, you are just taken back to the education center. There is no access to any of these coaches, and there is no explanation as to how we can actually take advantage of their services.

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The entire process is confusing, and the only information on the website about binary options trading is unhelpful to say the least.

Conclusion

I see no reason to register with the Faunus Education service at this point in time. The website looks professional, so they may have some sort of a future, it’s hard to see what that future is at this point in time. They also provide us with statistics, that claim they have over 3700 graduates and the average daily income after finishing the course of $347. Considering they have only 4 followers on twitter, and under 180 followers on Facebook, it makes it very hard to believe that they have the amount of graduates they claim. It also doesn’t make sense as to where these numbers are coming from, because there is no proof of anything.

Please let me know you think about this service and feel free to leave a comment with anything binary options related.

TBBOB

Fighting online scams since 2020

BEWARE OF Faunus Education – review

In this review of Faunus Education we explain why you should be very careful when considering this service.

Faunus Education is an online service that is supposed to teach you to trade profitably not only binary options, but also other tools like Forex or CFDs.

This educational service can allegedly make you profitable within five days. The average daily income of people who finished the course allegedly is $347.

So can this all be real? We seriously doubt it.

Table of Contents

Value close to zero

We signed up for the free membership and what we found is a series of videos that explains just the basic terms of trading.

We did not find any real educational value that you could benefit from to become really profitable. Video are very short, about 40 seconds only.

And the free e-books are basically transcripts of what is said in the videos.

There is also a VIP membership, that should give you more information, but we strongly doubt that the value will be any greater. It looks like that you will just be pushed to open an account and trade with a certain broker.

Professionals?

Why we doubt the VIP membership so much? Firstly because of the free membership that brings nothing. Secondly because it looks like the so called professionals that are supposed to teach you are fictitious.

We researched Clarisse Gilson, that allegedly worked for 10 years at Société Générale (Générale de Banque), but we could not find anything. The same applies to Omar Acevedo. It is extremely unlikely that such professionals would not be traceable on the Internet.

Therefore we believe there are no professional traders behind Faunus Education.

Khomich Andrei and Data Mining

Later a new funnel for Faunus Education appeared. An alleged Ph.D. Khomich Andrei explains in a short video some approaches to data analysis.

We tried to find more information about Andrei Khomich, but it was impossible for us to verify his identity.

But because we are traders, we could judge information he is giving in his video. What he is explaining might sound complicated, but it is pretty simple, some basic indicators like moving averages graphically represent what he is talking about. It really doesn’t seem that has anything special to offer.

Fake warranty

On the Faunus Education main page you will find some badges. The first one says “Lifetime warranty”. But when you read Terms of Use, you will see that there is no warranty whatsoever.

And what about the “Certified Quality” badge? Certified by whom? It’s just another fake.

Illegal service

Faunus Education is totally anonymous, although it is providing investment advice. When you teach somebody to trade, it is considered as investment advice in most countries. And investment advice is a regulated activity, you have to have a licence in order to do it legally.

But Faunus Education obviously has no licence whatsoever, therefore it is an illegal service in most countries with a financial regulation.

Conclusion

We don’t recommend using Faunus Education, because it is an anonymous service that is using some dirty tricks that are typical for scams.

TBBOB

Fighting online scams since 2020

Tag: Faunus Education

BEWARE OF Faunus Education – review

In this review of Faunus Education we explain why you should be very careful when considering this service.

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    Free Demo Account!
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    Only For Experienced Traders.

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