Binary Review Tesler App

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Tesler App is a binary options automated trading software that claims to be able to make its users an average of $5,700 a day with a 99% success ratio. Is this a realistic claim? Read our full review below!

Tesler App Background and Functionality

According to the Tesler App’s promotional video, which is 33 minutes long, the Tesler App is allegedly founded by a man called Stephen Abrahams the founder and CEO of Tesler Investments. Stephen Abrahams claims that Tesler Investments is worth 673 million dollars while his own personal net worth is 384 million dollars. He expects to take his company public soon and estimates that it will be valued at over a billion dollars. He also claims to have spent over 50 million dollars of his own money in developing the app.

Screenshot of the sign up ad:

Mr Steven Abraham: Who is This Guy?

He assures users that he is the CEO of Tesler Investments. We did some research online and, perhaps unsurprisingly, Tesler Investment is not a real company as it is not registered anywhere. This makes us question all his other statements. If you are desperate enough to lie about a non-existing company (the fact that is very easy to check on the internet), what else do you have to hide? Even the laziest internet user will quickly figure out the truth about this one.

And just to be clear: Tesler Investment doesn’t have any company registration or documents and doesn’t have anything to with the brilliant car manufacturer whose name it attempts to imitate. For us, this is definitely a reason enough to write a negative review about this app.

This also right away makes us question the identity of the so-called CEO himself. If the company he claims to run does not exist, who is he? Well, as soon as we digged a little deeper, we immediately found out that he is in fact an actor who simply plays his part. Every part of the promo video – starting from the car this guy drives to the house where he lives is carefully staged for the occasion. This is sad and quite stupid at the same time. How difficult it was to track down him and find out about all the lies? 10-minute online search only. That’s how bad of a job they have done to hide the fact that this is a scam.

Obvious Sales Techniques Everywhere

While watching some scam promo videos, it is often very difficult to hold back from bursting with laughter. But the Tesler app video is something from an entirely different level. For the whole duration of the clip, the self-proclaimed CEO we had discussed earlier keeps repeating that the Tesler App is a life saver for everyone who has any money problems at all. It especially seems cheap and unethical since the promo has been resealed just before the Christmas holidays, when a lot of people are certainly experiencing some kind of financial difficulties.

There is simply not enough time to describe how low this pathetic scam goes to attract at least some attention. And one would think they will not get any with all these cheap tricks, but as we know, there are always some poor victims that fall for these lies.

Here is “Mr. Steven Abraham” :

So how exactly is the Tesler App supposed to work?

Well, according to the video, a fraction of a second before placing a trade, the Tesler App does a high speed analysis of 60 minutes of market data such as the :

In addition, it also analyzes the text of the current ‘Breaking News’ segments of all the major news websites, looking for keywords that might affect the market such as ‘war’, ‘earthquake’ and ‘currency crash’. These are just a few examples; Stephen Abrahams claims that the software actually analyzes 3 million variables in that split second.

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After analyzing all that back data, known as the ‘lead pattern’, Tesler App then analyzes the probability of the lead pattern repeating again within the next 60 minutes. The moment the probability of the lead pattern reoccurring passes the 93% mark, the software instantly trades again, reanalyzing the lead pattern and repeating the whole process. Stephen refers to this as the ‘Tesler Principle’.

The ‘Tesler Principle’ ensures that the software only makes 1 losing trade out of every 98, which equates to a success ratio of just under 99%. And because the Tesler App ensures that each trade is only $85, any losses will be minimized plus given the success ratio, you will still come out well ahead anyway. And if the Tesler App makes a losing trade, it automatically stops trading and requires you to click ‘Trade’ again to resume auto-trading. That way, you are always in full control and will never see spiraling losses from auto-trading.

Stephen Abrahams also makes the following promise: if at the end of the trading day your binary options trading balance is below $5,700, Tesler Investments will make up the difference to you. However he assures us that in 18 months, this has never happened to any of his members.

Tesler App Cost

Stephen Abrahams claims that the Tesler App is 100% free. After 41 days of use however, Tesler Investments will take a small 0.5% commission on top of a trader’s profits ($50 for every $10,000 profits). The commission will only be deducted one month after a trader withdraws his or her profits, which can be withdrawn as soon as 1 minute after making said profits. The reason the cost of the Tesler App is no negligible is because of Stephen Abrahams’ desire to give back to the people.

Nicknamed ‘Mr. Midas’ on Wall Street, Stephen Abrahams has developed a reputation for making money not just for himself but for other people as well. This is part of his initiative of making 10 people into millionaires within 6 months. Stephen ensured that only ‘average Joes and Janes’ were part of the initiative and that they would only have to sacrifice a few minutes a day. It was successful and now he wants to share his success with even more people.

Is the Tesler App Legit?

After reading the lengthy backstory above, do you think that the Tesler App can deliver as promised? If you did you must be surely delusional. Tesler App is basically saying that you can be a millionaire within 6 months from just a few minutes a day, at zero risk to yourself. Harry Potter is more realistic.

Here’s the truth, Stephen Abrahams is not worth 384 million dollars, and he did not found ‘Tesler Investments’, whose name is nothing but a rip off of the Tesla brand. Stephen Abrahams is no Elon Musk; in fact, he’s not even Stephen Abrahams. He is just an actor, and after some research, we have discovered that his real name is actually John San Nicolas, an actor from Portland, Oregon.

His resume seems to consist of direct-to-DVD movies, numerous stage productions, and a recurring guest role on the show Portlandia. Not mentioned in his resume is his numerous jobs for binary options robot videos such as this one; he was also the ‘lead role’ on the Swarm Intelligence robot. This is probably what local Portland actors do between real acting gigs.

The promotional video also contains several testimonials from allegedly satisfied Tesler App clients, again these are all actors. A couple of them are local actors from Portland, Oregon (where many of these binary options robot videos are shot, at least the ones with better production quality), while the others are just your standard Fiverr testimonial givers.

Tesler App Members Exposed

As for the still images of people shown, those are just stock photos and stolen unattributed images from other websites, which is a common tactic that these binary options robots use. The same goes for the ‘Our Members’ pictures on their website.

A quick Google search will of course reveal that there is no such company as Tesler Investments, which should be enough for you to know that everything the Tesler App video tells you is an absolute lie.

Even without the entirely ridiculous backstory, one only need to look at the claims promised by the app themselves. If all it took were a few minutes a day and zero trading experience to become a millionaire within 6 months, well, everybody would be millionaires by now. And all that nonsense in the video about ‘lead patterns’ and analyzing 60 minutes of data? Meaningless dribble designed to appeal to people who have no idea how real trading actually works.

Stephen Abrahams even contradicts himself within the video. In the video, he says the app will only place up to $85 per trade, yet the screenshots of the transactions using the app (all Photoshopped by the way) all show trade amounts in excess of $200.


All claims made by the Tesler App in their promotional video are 100% false. You will not become a millionaire in 6 months. Do not bother with this robot and learn how to properly trade binary options instead.

Tesler App Review Scam* : Fake Software Busted Finally

Looking for a well informed Tesler App review? Here it is. Tesler app is new and viral trading software that is making an impact on Binary Options trading. The unfortunate reality is that this software is nothing close to a real app, but a scam tailored to lure binary options traders to invest their hard-earned money in the Tesler App system before losing it with a click of a button. If you are planning to invest in binary options trading, well, you need to read this Tesler App review to the very end before investing with software and putting your money on the line.

Tesler App Scam Exposed – Review Facts

Let’s start by getting a better understanding of the Tesler app system owner, Stephen Abrahams. The founder and CEO is a self-proclaimed multi-millionaire, who is setting out to change lives. He even goes on to confide that he is known as Mr. Midas back on Wall Street, not only for his kind personality to help others but also for his insatiable love of money. We have been in the check for rogue scammers with similar ploys like our Mr. Midas, and we have seen others before, purporting to be that selfless and money maniacs. What’s interesting is that this has likely become an effective tactic to winning innocent investors. Am talking about the “Mr. Midas” title here, so if this sounded like something special to you, well, I would tell you it is special among scammers, stay well clear. Tesler App scam news is correct.


Are the offered promises of Tesler App real?

To identify scam software from real trading apps, it is always great if you look into the profits associated with the software and other offers by the owner. Many scam apps feature this issue of being related to unrealistic profits that have never been heard of in Binary trading markets. The Tesler App software is not any different. One thing you will find suspicious about this software is the fact that it is claimed to make you whopping $5,700-$10,000 a day, which any professional trader will tell you is far from close to real profits in binary trading. Enough reasons to come up with this negative Tesler App review.

It is also claimed that making profits with the Tesler App software is not determined by the user’s prowess in trading. If you are a novice trader, you only need to invest your $250 and click trade, then sit back and watch the profits roll into your account, which turns out to be yet another dirty lie. We can put the point straight here, what Stephen Abrahams does not want to be real with you that he is only selling a get-rich-quick scheme to you. He is going round the same thing almost throughout the long promotional video. Take note of his promises that he will make you a millionaire in less than six months from now. That should ring a bell in your ears.

You should also read my exposing Quantum Code review!

What about the Tesler Software itself

In our Tesler app review, we noted several issues being proposed about the Tesler Trading system that turns out to be a red flag for any prospect user seeking to invest in binary trading. The very first thing that is notably fishy is the accuracy of the Tesler App signals accuracy in executing trades. Mr. Stephen Abrahams tell us that his software can only lose one in 98 trades, which he claims that they can make that loss up to you and credit your account with $85 you will have lost. However, besides this being not heard of in binary trading, where a company would refund a user who has lost money in trading, the percentage of accuracy is also apparently contradictory.

In yet another instance, the CEO and owner of the Tesler app scam claim that his software is 100% risk-free. In other words, this means it cannot lose a trade, and he says it aloud that the system is yet to record a loss. This incredible success results from the unparalleled Tesler Technology, which is based on analyzing trades and averting landing a loss. Whatever the case, you will hardly find any trading software with an accuracy percentage beyond 90%; else, that is a sign of fraud software.

Are Tesler App Signals Reliable? Why its a Scam?

So many issues surrounding this software appear to lack straightforwardness. Another aspect is how the system works, which is crucial for the user to know. On the Tesler App website, you are directed to sign up to get information on the algorithm of the software on a second page after the one with the promotional video. Besides the owner of this software telling us much about his stinking wealthy life, he does not give as sufficient information in helping the user understand exactly how his Tesler app Trading system operates.

He only mentions about how the system works in brief and runs a trade that does not seem credible either. He only highlights that with the use of Tesler App Signals, users can be able to trade into millions without having to work that much for it. Another pointer that makes us flag the Tesler App a scam is a disgusting pushy-salesmanship popup of the few slots left to sign up on the website. These are to destruct you from second thoughts, not to mention false testimonials provided, said to motivate you, while they are indeed to deceive you into believing you are in for a real deal.

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Our Final Verdict on Tesler App Scam Review

From the deceptive tactics to lure users into investing in this app, false testimonials, and unrealistic promises, we can conclude without a shred of doubt that Tesler App system is a big scam. Much software in the market provide legit platforms where you can invest your money and trade in the Binary options front, but the Tesler App software is a scam you should stay away from if you do not want to lose your hard-earned money in a blink of an eye. We advise that you look for reliable software and heed not to the lies that the owner of this trading software is fabricating to convince you and lure you into his snare. Having unearthed the ugly side of this scam in our honest and unbiased Tesler App review, now you can make an informed decision.

Tesler App Review – Big Scam Busted With Undeniable Proofs!

What brings you to our Tesler review today is curiosity to know about the Tesler App. It is the latest in series of auto-trading software which is eying to take over the trading world. Let us warn you straight away, DON’T TRUST them. The Tesler App is a pure SCAM software built to scoop up your money.

Official Website:

Tesler App Review

The App allegedly works on “Lead Pattern” algorithm. This algorithm is unheard of in trading circles and virtually non-existent. Even Google does not have any mention of this algorithm. The website featuring this App is also a live example of how desperately the scammers want your email id so that they can spam you. You are shown dreams of earning mind-boggling profits and this is how they want to trick you to hand over your details to them.

Somewhere on the website, it is mentioned that the App makes use of powerful Mainframe systems. Mainframes are the backbone of all the computing in the banking and financial industry. Just projected as an Auto-trading robot, this App is said to make use of the vast computing power and speed of mainframes to process trading data. The App is capable of making use of the millions of market variables and their analysis made by the computers and translates them as pure profits. The promotional video introduces a person named Steven Abrahams as the CEO of Tesler Investments company. A rather eye-popping statistic is also thrown our way. It says that of the $7.8 trillion worth of daily trade that happens, this App carves out a small portion of it as your profits.

Fake Stats and Promises

The App is available for free and yet can generate huge profits for the users. The App is available on Google PlayStore and AppStore. We tried to search the App on Google PlayStore but there was no search result for it.

The claims sound just outrageously hyped up in the presentation. Steven is personally worth over $380 million, who makes someone a millionaire every day! What was so special for them to choose 20 th December 2020 to unveil their scam product : we just don’t know. A person owning a $673 Million company, driving on his own and visiting the homes of the new users? It just doesn’t seem normal. What is his personal gain in doing all this? Why would a millionaire have time to gatecrash and arrive unannounced to his ‘students’ homes? Again this is abnormal. To offset this oddity, the scammers introduce a clause of making a 0.5% cut daily on your profits after the first 41 days. This is done to introduce that they too have some purpose and interest in making us rich.

You are fooled into believing that the Tesler App can make over $237 per hour. A string of such fake stats keep coming your way. $5,000 per day, over $1,00,000 within six months or hundreds of dollars within 5 minutes of testing the App; the claims are outright lies. We decided to expose this scam quickly so that no one could fall prey to such baits. We’d reiterate that you should beware of trading robots or such similar software which try to trick you. The age old formula of invoking greed and hopes of bright times ahead, sadly did not work for us.

Any naive user would surely be able to use the Tesler App and become a Pro quickly! Why not, there’s just nothing in the software at all other than easy to use malicious code.

Fake Actors and Testimonials

When we watched the video, we got a little suspicious. Of the so many scams we expose and so many actors we’ve watched, it can get tricky to remember at once. Mr. Tesler aka Mr. Midas, the so called CEO and primary funder of this App also appeared in many other scam systems. What can be a more solid proof to expose them than this one. We did not care to investigate who the real persons appearing in the video or testimonials are. It was enough for us to have caught the fake CEO. Moreover, those images which are listed as happy members of Tesler app are just stock photos which are stolen from other websites.

Steven narrates how he invested over $50 Million to get the software developed from 4 Advanced LLC. That in itself is an outrageously high payment and nothing more than another big fat lie. It is mentioned that massive amount of calculations in 8/100s of a second and analysis of the past 60 minutes of world events leading up to the trade happens. This is just a made up story to make you believe that the software is really sophisticated. The testifiers deliberately speak of their incomes upto the last cents to render ingenuity to their figures. Don’t fall for this ploy.

How the SCAM works?

An annoying Live Update keeps on popping all through the video. That the Tesler App would be given just to 10 more people, is nothing more than the boring old game plan of scammers. During the video, the spots would keep on decreasing. You know what- The spots will just never fill up, you would see the same number of spots or maybe even more when you visit their website in a few days. After scamming their target number of people, they would be nowhere to be found. This is nothing new, all scams operate this way. You won’t be able to withdraw any profits within 1 minute of making it. The truth is there won’t be any profits.

These scams work by trapping people and referring them to unscrupulous brokers. These brokers are neither Licensed nor regulated. The ‘cut’ that Steven is referring to in the video, comes from these brokers. Your email id, phone numbers that you filled up in the forms may be used to spam you. Do not share your personal details anywhere without thorough research.

Verdict – It Is 100% Scam. Avoid Tesler or Tesler 2 Scam!

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Thanks for reading my Tesler app review carefully. There is not a single shred of truth in all what you get to listen or see in the Tesler App video. That’s just a script which Steven is mouthing and we can see all through it. The Tesler Trading App is completely designed to scam you, so we recommend you do not fall for Tesler App scam.

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