Binary Review Bahama Banker

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Fighting online scams since 2020

HOT SCAM: Bahama Banker review

This Bahama Banker review proves that this program is a binary options scam. It is presented by Herald Beckman.

Beckman claims to be a private banker that has learned how to trade binary options from his clients. His trading system can allegedly make you at least $1,250 per day.

And as usually you can get the Bahama Banker system for free. Really?

Table of Contents

Bahama Banker is a scam

Herald Beckman is of course a fictitious character created by scammers who are behind Bahama Banker. This system is designed to make money to scammers and lose yours.

Fake guarantee

The first thing you should notice is that on the Bahama Banker website there is a claim about a guarantee of earnings.

But look at the Terms and Conditions, there is no guarantee whatsoever. In fact the opposite will happen, you will lose money.

Fake testimonials

In the Bahama Banker video you can see some people endorsing this system. But these reviews are fake.

Testimonials were made with paid actors that are not real users of this system. Look at the picture to see the proof.

Scam software

We also had a look at the Bahama Banker software that you are supposed to let trade your account with real money.

What we have seen is a scam app. This software is used by many binary options scams. Look at the picture to see a few examples, like The Cash Loophole, Profit Replicator and Profits Eternity.

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This software loses money in real trading, we know it from real users!

The truth

If you wonder what is the real purpose of Bahama Banker, the answer is very simple. People who created it are associated with an unregulated broker that pays them for referring new depositing clients.

So they made up their story just to make you open an account and deposit money with their broker, because this is how they earn money.

If you do it, the Bahama Banker software will lose your deposit in trading, because it can’t trade profitably.


The Bahama Banker is a simple scam that is designed to make money to scammers and lose your deposit, so stay away from it!

You can make money with binary options only if you learn to trade by yourself. You can do it on a free demo account with a regulated broker.

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What is Bahama Banker about? A devious scam?

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by Miren – March 24, 2020 September 4, 2020 0

Welcome to my Bahama Banker review!

I’ve recently come across another so-called binary options trading software so I was curious to know if this one really worked or it was just another system designed to steal your money.

I’m going to be explaining what is Bahama Banker, whether it can make you money or not and the conclusion I’ve come to after my research.

Table of Contents

Bahama Banker review

Name: Bahama Banker



Owner: “Herald Beckman”

Created in: 2020

Price: $250

Ranking: 1/10

If you’re sick of scams, check out my 1st resource to make money online here !

What is Bahama Banker?

Bahama Banker is a binary options trading system created by a so called banker named Herald Beckman, who says that he’s going to show you the most guaranteed and safest method to make money online.

He claims that his software is completely free and does all the hard work for you. Don’t you think that this sounds too good to be true?

He then starts telling you that he got to know about the Bahama Banker software because one of his clients asked him for help to funnel $22.5 million in a week, what I believe is not possible to make in such a short amount of time.

He claims that software has a winning rate of 96.1% and it will work automatically for you, using high-frequency trading strategies in order to place “only winning trades on your behalf”.

I believe everybody would be using this software to make money if it was true that it always wins trades.

Why I don’t consider Bahama Banker a legit opportunity

After having watched the Bahama Banker 2 sales videos (the main page video and the video you can watch after entering your email) and having looked for details in the main page, I was convinced it was a scam.

I’m about to show you some snapshots of the videos and proofs that this system is just another of those binary options scams.

Get-rich-quick system

“from 15,400 to 25,800$” “the money rolls in at the push of a button”

He claims that you can make from $15,400 to 25,800 just with a couple of clicks. This sounds so unrealistic because making money online is not magic and not done by clicking a few buttons.

Don’t get me wrong, it’s possible to earn $15K or more in a month, but not how “Herald Beckman” claims. Hard work and dedication are some of the essential factors required to make money online.

If it was that easy to make $15K or more, everybody with an Internet connection would be rich by taking advantage of this software.

Those fake testimonials

Bahama Banker fake video testimonial Fiverr actor

As you can see, this guy who appears in the video saying that Bahama Banker has made him like $800 a day, is the same guy who can be found in Fiverr by the username of kylebrauch .

He’s an actor that sells his services for prices like $5, so the real creators of Bahama Banker paid him to do a video telling how Bahama Banker changed his life for the better, a false claim.

Bahama Banker fake testimonial and comment “Travis Connors”

I also searched for that testimonial image on Google and found out that it can be found on LinkedIn by the name of Travis Connors. This just shows that the Bahama Banker scam artists stole that picture and made up the whole thing.

Fake bank account screenshots

Fake bank account balance registration date

As you can observe, the bank account balance date is August 2nd 2020, but the domain was registered on December 2020, a later date. I don’t think it makes sense that the system was already working before the domain was registered, so the bank account balance picture is simply photoshopped.

The hype

The promo videos are full of pictures of mansions, yatchs, luxurious places… This is a very common tactic between scam artists and they just show these kind of pictures to make get you excited and believe that you can have that lifestyle by joining their crap.

Other shady stuff

“totally free” “nothing less than 250 dollars”

See how he contradicts himself? He first says that his software is absolutely free but then he tells you to fund your trading account with at least $250, the minimum requirement to start trading.

This is when the scam comes to play. As soon as you invest the $250, their recommended broker will take your money and pay a commission to the Bahama Banker’s creators and whole team (a.k.a. the scammers).

You’ll be the only one who will lose money and they won’t even let you make any kind of withdrawal. They’ll try to incite you to invest more instead.

“your last chance”

See how they urge you to join? They want you to feel like this is the only chance you have to make money online just to get you to sign up and then fund your account so they can steal your money.

My final verdict and recommendation

My advice for you is that you avoid Bahama Banker at all costs, because you’ll waste your time and money and will get upset and frustrated otherwise.

We’ve seen proofs that everything about Bahama Banker is fake and designed to put your money in the fraudsters pockets.

This scam software is no different from other binary options scams like Profit Maximizer and Dubai Lifestyle App .

What these scammers do is to prey on people’s dreams and hopes of making money online while having a luxurious lifestyle in a short period of time. Unfortunately, unexperienced people and newbies usually fall for these kind of scams in their attempt to earn money online, and then is when people start getting discouraged and think that it’s not possible to earn money online.

Let me tell you that generating an income online is definitely possible, but it will take you hard work and dedication as I mentioned before in this review.

If you’re really serious about building a digital business or improving your financial situation, I highly recommend that you check out Wealthy Affiliate , an online business platform.

You’ll be taken step by step through task-based courses and training, and you’ll receive support and help from the owners and the members (included myself �� )!

I hope this review has been useful to you, hopefully I’ve helped you find the truth about it and saved you some money and time.

Please feel free to share this review on social networks so more people get to know about this scam and avoid it.

If you have any questions or opinions about this fraud, other scams or anything related to making money online, don’t hesitate to leave a comment below. I will be more than happy to connect with you ��

Bahama Banker is a voice narrated SCAM

Bahama Banker review exposes the truth about the Bahama Banker Scam

When someone mentions the name Bahamas it is like a cool breeze and sandy beaches set in. Nobody ever thought that the next time we would hear the name Bahamas it would have a scam attached to it. Thanks to one Herald Beckman, there is a new scam software known as Bahama Banker. Our readers were perturbed by the number of affiliate emails they were getting and even forwarded some to us. Of course we knew that this was them asking us to help them find out the truth and truth shall we find. Read on and see the facts unfold.

CEO: Herald Beckman
Official Site:

Results from Bahama Banker Review

According to Herald Beckman, a certain man by the name Dimitri came into his office and asked for help to move millions of dollars to an offshore account. Herald thought the guy was kidding and almost chased him out of his office when he realized that he was an online trader. He made a deal with Dimitri that he would help move his money and in return he would give Herald the software to use. This is how the story of Bahama Banker software began.
Herald who is the CEO of the system claims that he has been in the business for over ten years. He actually is a private banker in the Bahamas which he praises as an island where the wealthy come to evade tax. He tells us that he has done business with good business men, politicians and off course criminals. It is a known factor that dirty business is illegal. According to Herald, traders are able to earn $1250 daily using his software. How does it work? Well there is use of high frequency trading strategy which allows the software to evaluate the market and make life changing trades in a matter of seconds.

How successful is the Bahama software? Herald says it has a winning rate of 96. 1%. We only wonder where he gets such a rate since anything in the trading market that has a winning accuracy above 90% does not exist. We also wonder how a software with a domain name registered just three months ago recruited over 10,000 members. Even on auto mode it is impossible to gather $1,250 daily with a mere investment of $250.

Do not even be cheated for a second when Herald says that he will only be taking 1.5% from the trades. He will definitely be taking more than that. Someone who knows where to go to run away from the taxman is someone who ha s a trick on his sleeve and is waiting to pounce at the right time.

Traders are linked up with rogue brokers who have paid the likes of Herald to bring them more clients so that they can steal from them. Herald is simply trying to get you to deposit so that he can earn his commission and move on to his next scam gig.

Fiverr actors have also contributed in the making of this scam video. The first video testimonial is by a Fiverr actor and then of course there are stock images that the scammers have randomly picked from the internet and posted on their site as users.

Who is Herald Beckman?

Herald Beckman is a made up character. The scammers behind the Bahama Banker system did not even have the courtesy to use an actor to be a fake CEO. In this video there is a small cut out image of a man and a woman and we are supposed to believe that that is Herald. All we see throughout the video presentation are slides explained by a voice narrator. We searched on the internet and social media platforms but could not find any trader or private banker by the name Herald Beckman.

Is Bahama Banker a Scam?

Yes Bahama Banker is a scam. Herald Beckman or whoever he is is a non existing entity. The profits indicated and the testimonials given are true. The only true thing about this scam is that it is a scam. Others scams to watch out for are Royce Code, Profit Replicator App and Aurum Tech.

Conclusion from Bahama Banker Review

As much as traders are guaranteed to make wins with this software, we all know that that is impossible. The markets are affected by different situations. To make good money in trading then you need a healthy amount of experience. Herald is lying when he says your level of experience does not matter but it does especially if you do not know that $250 cannot earn you thousands of dollars.

Verdict: Bahama Banker is a voice narrated scam out to rob you.

The list of scams in the Binary Options industry is growing every day so make sure you do your research before ever handing over your money to anything online. As I find systems that work I add them along with my results to my trusted system list here. I also encourage everyone to get a free demo account with IQoption if you are new to Binary Options.

Bahama Banker – Scam Or Legit?

The binary industry is a rapidly evolving and changing scene which sees many new products appearing every day. Unfortunately, due to the success of the industry there are many arrivals which are only interested in separating you from your funds. It is, therefore, essential to review any software you are considering using to ensure it is genuine.

Who is Bahama Banker?

The Bahama Banker app originally hit the market in 2020; it has now been re-released with supposedly improved options and abilities. However, it would appear that much of this is simply hype and this could be just a Bahama Banker scam.

One of the warning factors and is one which applies to Bahama Banker is the lack of information on their site regarding the founders of the product or how it actually works. In addition they do not appear to supply any substantiated proof of their claims.

The Bahama Banker Approach

Creating an account with Bahama Banker is as easy as entering a few details onto their website. You will then need to a minimum of $250 to the affiliated broker; they will direct you to their site. At this point it is possible to access the control screen; where you will be disappointed.

There is very little to adjust on the app. Options available include the amount you would like to trade and the maximum number of trades you will accept per day. The only other option is to activate the software!

The fact that there is no historical display or ability to select your assets means that it is likely to be a Bahama Banker scam; there is simply not enough control to be able to assess the success of the transactions.

Indicators of the Bahama Banker Scam

Bahama banker has had a difficult path. The original software was launched as However, after a short period this was closed and 1K Daily Profit was created. Visitors and users were redirected to this app. However, this app has been shown to be a scam and was closed as well; leaving the door open for the same app to return as Bahama Banker.

To confirm that the Bahama Banker scam is just that, you will note that there is no option to log in to their software; once they have your funds they are no longer interested in you. In addition, they, along with many other scam apps will blind you with promises of extreme wealth. Of course; this wealth will not ever materialize for you!

A genuine app will associate with you a regulated broker, if they do not it is best to assume they are a scam and use an approved, reputable automated trading software instead.

Best Binary Options Brokers 2020:
  • Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Get Your Sign-Up Bonus Now!

  • Binomo

    Good Broker For Experienced Traders!

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