Beware! Calloway Software is most probably a scam system! Your investment may be at risk.
Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.
The Calloway Software is advertised to automatically analyzes the markets and trade for you, making you a guaranteed profit of between several hundred and 3000 USD a day with just 250 USD initial deposit. Sounds great, isn’t it? Besides, Calloway Software guarantees you 96% success of all trades and even offers you a job position in their fast growing company, if you only decide to sign for their app now.
All that we learn from the video on the The Calloway Software robo- scam web page. And if you get hooked and fill their registration form, leaving your e-mail, you will be transferred to the website of an unregulated, offshore broker like 24CryptoOptions or XcoinBroker, where you will be asked to deposit 250 USD, so that Calloway Software may get their commission.
No name of the company behind the website
The Calloway Softwar website is completely anonymous. There is no company name behind it, there is no address or even a phone. That is why we call such websites robo- scam – because they just filter gullible potential investors, transferring them to predator scam brokers.
No track record
Calloway Software says it will automatically send you signals, so that you may choose assets, that the App will automatically trade for you. Besides, as we mentioned earlier, Calloway Software guarantees 96% success of all trades.
Here we should note that there are social trading systems like ZuluTrade or the platforms, provided by eToro and Tradeo, where you can follow signals of professional traders and replicate them. However, all those legit trading systems give us a proven track record, with their historical performance. Calloway Software does not bother to provide us with such information, nor do they tell us how their software actually works.
No regulatory guarantee
Calloway Software is just an anonymous website, so little wonder there is no information about their regulatory status.
Needless to say that proper regulation is the single most important factor for the safety of any investment.
All companies, providing financial services in places like EU, the US, Australia or Japan are obliged to get a license by an official financial regulator, such as the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) or the Cyprus Securities and Exchange Commission (CySEC).
That is why we strongly recommend you to invest with legit and well regulated brokers only.