Major media outlets have been blindly posting articles about alleged binary options millionaires for months.
Finance Magnates, A screenshot of a Times article about Robert Mfune, the alleged owner of a golden Bentley
Have you ever dreamt of becoming rich real quick and allegedly very easily? If you haven’t, chances are that you know such stories are usually followed by a bout of unlucky occurrences which drive one’s fabulous wealth into the ground. These are the type of stories which the 'yellow press' loves to publish in order to generate more hits on online articles.
According to a variety of UK tabloid publications, including The Daily Mail, The Sun and The Metro, one such hero, Robert Mfune, has become the latest rich kid, purchasing a Bentley and painting it gold. Not only that, but he made his fortune while trading binary options. Even The Times has picked up on the story which is providing an in-depth look into the lavish lifestyle of Robert Mfune.
While he was having his car painted gold, he allegedly crashed a BMW M3 and claimed that he didn't care too much about it.
A photo posted by Robert Mfune MMMYEH (@rob.mfune) on
A Binary Bentley Waiting for You in the Garage
The press photos (which we cannot display in this article due to terms of usage limitations) show a person allegedly called Robert Mfune, who trades binary options on a daily basis and makes money while doing it. The photos are displaying parts of a computer screen showing profitable binary options deals. He allegedly started his endeavor with binary options after working hard at McDonald's.
Any professional from the industry knows how easily binary options account statements can be doctored, and how many binary options traders are profitable. Last but not least, even when they are profitable, they would have to be outperforming legendary trader Jesse Livermore by a huge margin in order to win enough for a Bentley after trading with their McDonald's salary.
A slew of daily tabloid publications which went viral in the UK last week and which have been picked up by German and Israeli newspapers this week are showing little curiosity as to the real background of this story.
The Sun also picked up on the story - a Golden Binary Bentley - either he owns it or he doesn't
All of the publications in the UK media have been crediting the images in the story to Caters News Agency, a website which from the looks of it specializes in creating entertaining stories with the potential to go viral. From a Russian family taking care of a bear that eats 25 kilos of food per day to heartwarming videos of orangutans, this news agency has it all when it comes to viral videos.
One notable section of its website however is the 'got a story to sell?' button on the homepage of the website.
A screenshot from the website of Caters News Agency: Got a Story to Sell?
Some of the articles which have been put out by the media mention that Robert Mfune is an entrepreneur. We couldn’t agree more - according to direct links to the trader’s Twitter and Instagram profiles he owns a binary options affiliate website.
On his website https://www.tradewithrobert.com Mfune claims: “I started trading at 16 years of age, I began trading Forex and then later realized that binary options were most profitable for me. Since that point I have focused all my tools and resources towards this type of trading and specialized in this field.”
We got curious and took our chances, signing up with the service. After less than a day, we received an email which claimed to be from Mr Mfune himself. Both emails we received were registered to a different domain name, which has no active website - RNCOGroup.com. After inspecting the official Instagram picture above, we can also see that the screenshot on the computer originates from a certain Isaac Cullinane, but more about him and his company 9ine.design later.
The first email we received immediately after registration contained links to five brokerages, one of which was explicitly mentioned to be accepting clients from the US - an endeavor which has already cost a lot to several brokerages who chose to ignore US regulatory authorities that forbid binary options trading in the country unless it is conducted on an exchange.
Screenshot of the reply of to our registration from the "Trade With Robert" affiliate website, including a solicitation to register with a broker that is accepting US clients
After opening an account with the sponsored links in the email, we were supposed to start receiving trading signals via WhatsApp.
The second email which we received after saying that we were ready to start receiving signals to check the service was allegedly from Robert himself - he introduced himself and in simple terms didn’t reveal anything about his relationship with the financial markets except that he knew how to make money and was going to show us, if we open an account via one of the affiliate links in the email.
Screenshot of Robert Mfune's reply to our email asking him to send us some demo signals
Since we didn’t want to deposit and share personal data with any of the binary options brokers, we chose to reply by asking whether Robert was authorized by the U.K. Financial Conduct Authority to provide investment advice. This time the email went silent - we received no reply after 4 days.
Not the First Blockbuster Trader With a Golden Car
What makes the story even less plausible is a signature style which has been used in similar articles throughout the web. Starting with a golden Lamborghini trader in January, which was picked up by UK tabloids just as easily, through to a trader with a golden Rolls Royce and culminating in Robert Mfune’s Bentley.
Speaking of Mfune's Bentley, it is a 2004 Continental GT and costs online between £25,000 and £33,000 - not a very expensive car after all.
A screenshot of the license plate information of UKvehicle.com
All of the above have at some point crashed their cars and boasted how they don’t care about the results of their less than skillful driving. In January the story of 21-year old Elijah Oyefeso circulated throughout the UK media, where he stated that he gets his income from trading on the stock market.
An article by the Daily Mail states that he went on to fund a trading consultancy, which he uses to help beginner traders make money. As it turns out, this is yet another binary options affiliate website - DCT Trading Group https://www.dcttradinggroup.com/#dct
DCT Trading, also welcoming US traders
In between these stories, a less circulated one has been published about the owner of a golden Rolls Royce going by the name of Adam Khan, who allegedly is a binary options trader and owns a fleet of golden cars. The same photos have been used in a story about a rich Saudi Arabian who has been displaying his gems across the streets of London.
Coincidentally or not, the websites of both Robert Mfune and Elijah Oyefeso have been created and the domains are owned by the same design agency in Southampton - 9INE (formerly known as ICEco Solutions) - which lists another binary options affiliate website as part of its portfolio: https://9ine.design/portfolio.
Robert Mfune, Resident and citizen of Zimbabwe, Source: Endole.co.uk
After checking the Linkedin profile of 9INE's owner, Isaac Cullinane, who personal holds both of the aforementioned domains, reveals a very interesting fact: he seems to be a managing director in a company named Rich Forever LTD. A check of the public accounts of this firm reveals another interesting discovery: the company has two directors - Isaac himself and one Robert Mfune. Southampton is where the rich kid is allegedly from, however according to the official documents of incorporation listed by Endole.co.uk, Robert Mfune is a resident and citizen of Zimbabwe.
Going Viral at All Costs
With the story picking up interest from Finance Magnates we decided to reach out to the trader and perhaps ask him some more in depth questions about financial markets - to find out how much he really knows.
We proceeded to ring Caters News Agency and asked if it would be possible to connect with the trader and ask him some questions. After carefully listening to our request, a representative for the website has communicated that if we are interested in running a story we will have to pay for the pictures and the video used by the same UK tabloids - The Daily Mail, The Metro and The Sun.
After asking how much would we need to pay, the representative of Caters News Agency said that it depends on the number of pictures we use and whether we would like some videos too. When asked whether the other newspapers paid for the story, the sales rep replied that this is standard practice and that if we wanted to run our own version we would have to email the syndications department.
The story described above is a very serious matter - mainstream media has turned into a loudspeaker for all sorts of information with very few resources being dedicated to simple fact checking.
What proper journalists should be doing is conducting due diligence on every story and appropriately vetting their sources. On all of the occasions described above we have not seen a single question asked to any of the skillful traders that is actually related to what they do. The focus was only on the gold plated cars and the alleged success stories…
Have you ever dreamt of becoming rich real quick and allegedly very easily? If you haven’t, chances are that you know such stories are usually followed by a bout of unlucky occurrences which drive one’s fabulous wealth into the ground. These are the type of stories which the 'yellow press' loves to publish in order to generate more hits on online articles.
According to a variety of UK tabloid publications, including The Daily Mail, The Sun and The Metro, one such hero, Robert Mfune, has become the latest rich kid, purchasing a Bentley and painting it gold. Not only that, but he made his fortune while trading binary options. Even The Times has picked up on the story which is providing an in-depth look into the lavish lifestyle of Robert Mfune.
While he was having his car painted gold, he allegedly crashed a BMW M3 and claimed that he didn't care too much about it.
A photo posted by Robert Mfune MMMYEH (@rob.mfune) on
A Binary Bentley Waiting for You in the Garage
The press photos (which we cannot display in this article due to terms of usage limitations) show a person allegedly called Robert Mfune, who trades binary options on a daily basis and makes money while doing it. The photos are displaying parts of a computer screen showing profitable binary options deals. He allegedly started his endeavor with binary options after working hard at McDonald's.
Any professional from the industry knows how easily binary options account statements can be doctored, and how many binary options traders are profitable. Last but not least, even when they are profitable, they would have to be outperforming legendary trader Jesse Livermore by a huge margin in order to win enough for a Bentley after trading with their McDonald's salary.
A slew of daily tabloid publications which went viral in the UK last week and which have been picked up by German and Israeli newspapers this week are showing little curiosity as to the real background of this story.
The Sun also picked up on the story - a Golden Binary Bentley - either he owns it or he doesn't
All of the publications in the UK media have been crediting the images in the story to Caters News Agency, a website which from the looks of it specializes in creating entertaining stories with the potential to go viral. From a Russian family taking care of a bear that eats 25 kilos of food per day to heartwarming videos of orangutans, this news agency has it all when it comes to viral videos.
One notable section of its website however is the 'got a story to sell?' button on the homepage of the website.
A screenshot from the website of Caters News Agency: Got a Story to Sell?
Some of the articles which have been put out by the media mention that Robert Mfune is an entrepreneur. We couldn’t agree more - according to direct links to the trader’s Twitter and Instagram profiles he owns a binary options affiliate website.
On his website https://www.tradewithrobert.com Mfune claims: “I started trading at 16 years of age, I began trading Forex and then later realized that binary options were most profitable for me. Since that point I have focused all my tools and resources towards this type of trading and specialized in this field.”
We got curious and took our chances, signing up with the service. After less than a day, we received an email which claimed to be from Mr Mfune himself. Both emails we received were registered to a different domain name, which has no active website - RNCOGroup.com. After inspecting the official Instagram picture above, we can also see that the screenshot on the computer originates from a certain Isaac Cullinane, but more about him and his company 9ine.design later.
The first email we received immediately after registration contained links to five brokerages, one of which was explicitly mentioned to be accepting clients from the US - an endeavor which has already cost a lot to several brokerages who chose to ignore US regulatory authorities that forbid binary options trading in the country unless it is conducted on an exchange.
Screenshot of the reply of to our registration from the "Trade With Robert" affiliate website, including a solicitation to register with a broker that is accepting US clients
After opening an account with the sponsored links in the email, we were supposed to start receiving trading signals via WhatsApp.
The second email which we received after saying that we were ready to start receiving signals to check the service was allegedly from Robert himself - he introduced himself and in simple terms didn’t reveal anything about his relationship with the financial markets except that he knew how to make money and was going to show us, if we open an account via one of the affiliate links in the email.
Screenshot of Robert Mfune's reply to our email asking him to send us some demo signals
Since we didn’t want to deposit and share personal data with any of the binary options brokers, we chose to reply by asking whether Robert was authorized by the U.K. Financial Conduct Authority to provide investment advice. This time the email went silent - we received no reply after 4 days.
Not the First Blockbuster Trader With a Golden Car
What makes the story even less plausible is a signature style which has been used in similar articles throughout the web. Starting with a golden Lamborghini trader in January, which was picked up by UK tabloids just as easily, through to a trader with a golden Rolls Royce and culminating in Robert Mfune’s Bentley.
Speaking of Mfune's Bentley, it is a 2004 Continental GT and costs online between £25,000 and £33,000 - not a very expensive car after all.
A screenshot of the license plate information of UKvehicle.com
All of the above have at some point crashed their cars and boasted how they don’t care about the results of their less than skillful driving. In January the story of 21-year old Elijah Oyefeso circulated throughout the UK media, where he stated that he gets his income from trading on the stock market.
An article by the Daily Mail states that he went on to fund a trading consultancy, which he uses to help beginner traders make money. As it turns out, this is yet another binary options affiliate website - DCT Trading Group https://www.dcttradinggroup.com/#dct
DCT Trading, also welcoming US traders
In between these stories, a less circulated one has been published about the owner of a golden Rolls Royce going by the name of Adam Khan, who allegedly is a binary options trader and owns a fleet of golden cars. The same photos have been used in a story about a rich Saudi Arabian who has been displaying his gems across the streets of London.
Coincidentally or not, the websites of both Robert Mfune and Elijah Oyefeso have been created and the domains are owned by the same design agency in Southampton - 9INE (formerly known as ICEco Solutions) - which lists another binary options affiliate website as part of its portfolio: https://9ine.design/portfolio.
Robert Mfune, Resident and citizen of Zimbabwe, Source: Endole.co.uk
After checking the Linkedin profile of 9INE's owner, Isaac Cullinane, who personal holds both of the aforementioned domains, reveals a very interesting fact: he seems to be a managing director in a company named Rich Forever LTD. A check of the public accounts of this firm reveals another interesting discovery: the company has two directors - Isaac himself and one Robert Mfune. Southampton is where the rich kid is allegedly from, however according to the official documents of incorporation listed by Endole.co.uk, Robert Mfune is a resident and citizen of Zimbabwe.
Going Viral at All Costs
With the story picking up interest from Finance Magnates we decided to reach out to the trader and perhaps ask him some more in depth questions about financial markets - to find out how much he really knows.
We proceeded to ring Caters News Agency and asked if it would be possible to connect with the trader and ask him some questions. After carefully listening to our request, a representative for the website has communicated that if we are interested in running a story we will have to pay for the pictures and the video used by the same UK tabloids - The Daily Mail, The Metro and The Sun.
After asking how much would we need to pay, the representative of Caters News Agency said that it depends on the number of pictures we use and whether we would like some videos too. When asked whether the other newspapers paid for the story, the sales rep replied that this is standard practice and that if we wanted to run our own version we would have to email the syndications department.
The story described above is a very serious matter - mainstream media has turned into a loudspeaker for all sorts of information with very few resources being dedicated to simple fact checking.
What proper journalists should be doing is conducting due diligence on every story and appropriately vetting their sources. On all of the occasions described above we have not seen a single question asked to any of the skillful traders that is actually related to what they do. The focus was only on the gold plated cars and the alleged success stories…
Transformative, Predictive, Automated - 2024's RegTech AI Revolution
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
