Is binary options a scam badge

WinOptions Review. WinOptions. com Binary Broker Review. WinOptions. com binary broker is a 247 online trading site with great percentage payouts. They are an up and coming binary options trading site equipped with advanced trading tools, options builder, and market reviews to give you the best odds. Head to winoptions. com now and get in on the action. Official Website: winoptions. com Headquarters: Nicosia, Cyprus Phone Numbers: 646-918-5359 in the US – if you are located in other regions please check the Contact Us page USA Traders are Allowed WinOptions. com Trading Platform used. Is WinOptions. com Legit?

Found Any WinOptions Scams? The short answer is no, WinOptions does not appear to be a scam. The longer answer is that there is just not that much information out there about them for us to find so far. We are keeping an ear to the industry and are scouting the forums for traders experiences. For the most part, things are quiet and that is a good sign. They have our yellow blacklist badge because we do not know enough about them yet. They are probably worthy of a green badge, and may earn it at some point in the future. If you have traded at WinOptions. com please tell us your experiences, good or bad. Thank you! Minimum Deposit: $200 Deposit Methods: Credit Card, Electronic Payment, Wire Transfer Credit Cards Accepted: Visa, Mastercard, American Express Electronic Payments Accepted: Liberty Reserve, MoneyBookers. com Minimum of $500USD for Wire Transfer.

Range of Returns Matched With Types Binary Options Available. Minimum trade = $5 Types of Options: 60 Second, One Touch, CallPut CallPut Payout Percentage: up to 88% One Touch Payout Percentage: up to 750% 60 Second Payout Percentage: up to 88% winoptions. com has CallPut trades with 71% return as this one is. You will also notice the count down left to place position. Options Builder binary trades gives you the freedom to set your investment amount and expiry time. The Binary Options Blacklist with Reviews & Ratings. Our list of legit and recommended broker s. The Blacklist – Brokers To Avoid. Helping you avoid the scam brokers and find the legit ones is why we created the trader driven Binary Options Blacklist . We welcome you to our virtually ‘no holds barred’ ratings, comments and broker reviews website. The binary options industry experienced an increased in popularity lately. Traders from all over the world now have access to an industry that prides itself as being the simplest form of trading. Yet, there’s a lot of controversy surrounding it. Many brokers simply fly under the radar. Meaning, they’re not regulated. Others, simply don’t operate legally in a country or territory.

For this, they use offshore companies. In other parts of the world, trading binary options is simply illegal. It’s not allowed for a broker to offer the services. Moreover, on top of all these, in most of the countries in the world, there’s no legislation. Because of that, brokers found an opportunity to profit from people’s desire to make a quick buck. As such, the industry is plagued with scammers. Not all brokers fall into this category, though. Many of them run eligible businesses. However, the problem comes not from the broker’s side, but from the traders. Traders have the impression binary options is an easy game.

First, this is not a game. Second, it can be anything, but trading binary options is not easy. When compared with other financial products and financial sectors, trading binary options comes with a handicap. From the start, the traders must use a risk-reward ratio that is unfair. To put this into perspective, imagine the Forex industry. Any serious trader doesn’t even think of going in a trade without 1:2 or more as a risk-reward ratio. This means that for every pip or amount risk, the expected reward is minimum two times. This gives room for error and allows traders to incorporate losses while the account still grows. In the binary options industry, the maximum reward is around 90%, with most of the times the rate or return being well below this number. From the start, traders face tough conditions. What Are Binary Options. In principle, trading a binary option is a super-simple process.

Or, at least, it should be. All you should do as a trader is to guess the direction of a market or financial product. Namely, if you think the price of an underlying security will move to the upside, then you should trade a call option. On the other hand, if you think it will fall, you’ll trade a put option. Note that you can only buy an option. A put for a bearish setup and a call for a bullish one. When compared with Forex trading, the difference is that a Forex trader buys or goes long, and sells or goes short. Still, heshe needs to give the general direction. Moreover, when it comes to binary trading, traders must set an expiration date. In fact, a binary option has two elements traders need to decide upon: the striking price and the expiration date. No only traders need to indicate the direction (that’s the entry price or the striking price), but they need to indicate a point in time when the option will expire. In plain English, a point in time when the comparison between the striking price and current price will be made. Based on the outcome, it is said that the option expires in the money or out of the money.

The pros of trading binary options come from the simplicity of the product. Moreover, with a sound money management plan and avoiding short-term expiration date, trading binary options is a nice way to diversify a portfolio. Unfortunately, the cons overcome the pros. Because traders need to indicate the time element. The holy grail in trading is price and time, and binary options include them both. Binary Options Scams, Ripoffs & Bad Trading Sites. As mentioned earlier, the industry is plagued with binary options scam brokers. Because of this, it is very difficult to read a positive review even for good brokers. Traders must know one thing in advance: a broker must be regulated. This is not valid only for the binary options industry. In general, if you place your money in a trading account, you’ll want that entity to be regulated. The financial authority that regulates a broker gives a license number. To be regulated, the broker must follow specific rules and have a specific conduct when doing business. The license can be suspended if the financial authority finds out otherwise.

Unfortunately, regulation costs money. It is an expensive process and brokers don’t like spending money if they can find other ways to attract traders. As such, they register the company in an offshore environment, without being regulated by a financial authority. From this moment, scamming people is quite easy. The most popular and “legal” way to scam traders is to offer them a welcome bonus. This is similar to the Trojan horse in the Greek drama story. The thing is that the brokers offer the bonus but tie it up to a super-unrealistic trading volume. In other words, traders can’t even withdraw their deposit, until the trading volume is reached. Needless to say that the more you trade, the more risks you’ll take, and, in the end, the chances are with the broker, meaning traders will lose their capital. Statistically, in Forex trading, over ninety percent of retail traders lose their first deposit. In binary trading, the chances are even bigger than the ones in the Forex industry. A bad trading site doesn’t make public the registrationregulation number. That’s the first sign the broker is not trustworthy.

We use the comments here on the binaryoptionsblacklist. com to rate and classify different brokers. A green badge means the broker is trustworthy, according to the median of the comments here, and is verified. An unverified broker gets an orange badge, while a scam deserves nothing but a red badge. Approved – A green badge means this is a broker that we trust. We would and or do trade with today. These are the current leaders of the binary options industry, & where the majority of traders are trading today. They have a positive reputation in general, a track record of integrity, fairness and competitive returns. We feel most confident trading binary options at these sites. Use Caution – A yellow badge means that we have not done enough research to decide on this broker yet. This is a broker that has been recommended by others as a place to trade. There was not enough info to make an informed decision about the broker to rate them green or blacklisted. Comments and trader reviews highly encouraged on yellow rated sites to help educate everyone and update our ratings.

BlackListed – When a broker has the blacklisted red badge this means that we would not trade there. There is enough negative information found through our research that we decided this is not a binary trading broker that we would feel comfortable depositing money at. Since we would not deposit our money there, they get the Black List badge. Binary Options Trading Sites Listings – How We Get Our Top List. Without being regulated, a broker will always have a dark shadow on its name. The purpose of regulation is to protect customer’s interests. A good example comes from the Forex industry. When the SNB (Swiss National Bank) dropped the peg on the 1.20 floor on the EURCHF pair, many brokers went busted. However, because they were regulated, the clients could receive the money from their trading account. It took a few months, but the whole process was well-communicated and there was never a shadow of a doubt that the financial authority would not step in. As such, regulation is a must. Regulation comes with specific conduct. A broker cannot simply do what it wants with the funds it receives. Tougher regulation comes with segregated accounts.

It means the funds deposited will not be touched by the broker. They’ll be deposited in a separate, segregated account at a custodial bank. The broker will only earn from commissions and fees. This way, everyone’s interests will be aligned in the same direction. A good broker doesn’t have a minimum deposit. Or, if it does, it is quite small. They leave the option in the hands of the trader and use the time they trade to offer the best possible trading experience. Starting with the opening of an account process and ending with withdrawals, there should be no flaws what-so-ever. Typically, a good broker will have good reviews. However, even reviews are sometimes scams. Because of the tough competition, people are sometimes paid to say things about a broker. Other things like the possibility to trade on a demo account, to choose if you want a bonus or not, if the broker offers a trading app or not – all these are part of a good broker. However, everything comes after regulation.

Scam Brokers and Claims of Fraud and Theft – What Is Really Going On? Unfortunately, the binary options industry has a bad reputation. The problems start from the way the industry is advertised. Traders should know that buying a call or a put option requires the same method as buying or selling any financial product. Therefore, everything is the same. While traders know there’s a lot of risk involved and succeeding in financial trading is not an easy task, the binary options traders fall prey to false advertising. How many of you saw at least one commercial in your Inbox or online saying that the lady that sells groceries just made a profit of a thousand dollars in a day? Probably all of you. Now, let’s try to keep it real. Why would anyone advertise like this? Moreover, why would anyone believe this is true?

In fact, binary options trading is no different than Forex trading, or CFD’s, Stocks, and so on. The process is the same: traders use technical or fundamental analysis to buysell a financial product. What makes binary options even more difficult is the time element. Traders must choose an expiration date for their option, on top of the right direction. Most of the binary options blacklist brokers end up stealing people’s money. They have aggressive selling techniques, dedicated trading managers, that simply don’t care about the basic principle of money management in trading. Scam brokers will always push for traders to trade more and more. Especially short-term to very-short-term expiration dates. In fact, the chances to be consistently profitable trading one-minute or five-minute binary options are almost close to zero. Moreover, unverified brokers use the same principles as a market maker broker does in the Forex industry. Namely, they create a “virtual market” for their clients. In other words, they don’t “route” the orders to the interbank market or other liquidity providers. They keep all their orders in house and bet on the fact that the clients will eventually lose their funds. When that happens, they book the funds for themselves.

There are plenty of software specialized in mirroring quotations. Independent Binary Broker Reviews – Comments and Ratings from Traders. That is an interesting topic to consider it, especially if traders want to find verified brokers. There are several things to consider. Firstly, regulation. If the broker is regulated, it means a financial authority verified it and its activities. Moreover, the process repeats on a constant basis. Secondly, independent parties, like websites as this one, may take upon the task of listing scams in the industry, honest brokers, and give a ranking of good and bad brokers. On top of it, customers reviews matter the most. Here, too, things must be taken with a grain of salt.

There’s a lot of spamming going on. Scam brokers comment and spam forums too. For this, we moderate any obvious spam and links and allow only appropriate behavior. A customer review matters the most in all industries. If a broker scams once, it will do it again, on and on. As such, traders must decide on their own if the broker is indeed the partner they’re looking for. This feedback helps us with our ratings for the brokers listed here. However, the lists here are just that: lists. Traders must know that buying or selling a financial product comes with a risk. While there are plenty of opportunities, there’s also the risk of losing all the capital involved. For this, any broker, no matter if binary or Forex, makes sure the clients know that they should never trade more than they can afford to lose. Trading is a game of probabilities. But, above anything, trading is not a game. These are real money involved. As such, traders must know the risks and the potential rewards involved.

Moreover, trading is not an easy task. There’s a lot of work involved, like in any regular job. Sometimes the market simply doesn’t move. When this happens, traders will insist on trading. They end up overtrading and if they are on the wrong side of the market, the funds are gone. But, successful trading is not impossible. Patience and discipline are key. Together with a proper trading education and the right partner (broker), traders can make it. The broker and the trader should have the same interests. Only when this is the case, traders have a fair representation in the financial market. Never deposit more than you can afford to lose. We wish you the best of luck on your trades! ** *NO links in your comment if you want it to be approved and published.

All comments are manually moderated by our team, and all variations of an email addresslink will be removed and the poster will be banned. Only genuine feedback on broker experience is allowed. Sorry!! But the spammers are relentless. Cloud Trader. We’re bringing you a review today on the latest scam we’ve unearthed – Cloud Trader. This software is presented by supposed CEO and founder Matthew Shepherd as ‘the most powerful Auto Trader in the world’ and we can tell you straight of the bat what a load of BS that is. Not only is the website an absolute mess of lies it holds absolutely zero proof of any reason to trust that this is anything other than another binary options scam. You can read our review for the extensive list of reasons we think you should be avoiding the Cloud Trader. Can Cloud Trader prove any of its claims? Early in the promotional video Matthew Shepherd claims that Cloud Trader hasn’t made a single losing trade since December 2012.

The first lie we can cross off our checklist since according to the ever trusty WhoIs Lookup the site was registered in March 2016. Hardly almost 4 years no loss history since it can’t even prove 4 weeks worth of no loss. Secondly the video is almost 20 minutes long and several times you are told you will be shown a demonstration of what Cloud Trader has to offer yet you are shown nothing of the sort. We see a couple of graphs of Oil and Gold from the years ago and are then told a trade will be placed. That is not proof of anything as it tells us absolutely nothing! This site is so bogus and poorly put together there is no way we can take Cloud Trader seriously. Are there fake Testimonials or fake social proof? Of course the Cloud Trader is also rife with fake apparent evidence of this miraculous software!! The funniest thing of all is that before we even talk about the paid Fiverr actors we’d like to bring your attention to the ‘Verified members’ of the site. We didn’t even bother to check if ‘Ronald Smit’ or ‘Joshua Ross’ were real people considering the photo put to the name Bruce Levik is actually a picture of Canadian pop star Shaun Mendes! Does Mr Shepherd thing nobody is going to notice a celebrities face being used to portray a ‘real’ user? CloudTrader.

co also has apparent written testimonials from Facebook and Twitter. Now not only can you not actually click through from the website but they we also written just 10 minutes ago whether you’re on the site for 5 minutes or an hour. Again very convincing Matthew! There is nothing real about this horrible scam. Are there any other scam tactics used? Towards the bottom of the Cloud Trader one page website there is a often used scam gimmick of a counter. This counter is telling you how many members there currently are for Cloud Trader its in the low 1000 mark when you first load the site and counts up pretty fast. However just by simply refreshing the page it will go from 4000 back to one thousand. There are also badges on the site saying the Cloud Trader service is ‘Verified’. With who? You can’t click the badge and it certainly isn’t verified by any respected blog, only cheap blogs who are well known for endorsing sham products just like this one.

These are just more of the tactics used that give us even more reasons to label this a scam. There is absolutely no way we would recommend this service to anybody and we definitely stand by our verdict: Cloud Trader is a nasty Scam! You can avoid losing your investments when trading with binary options. You can stay vigilant by always checking with respected blogs to ensure you are reading honest reviews. You can check out our Trusted Signals page to find services that actually stood the test of time like our most recent positive review of BinaDroid. We found that not only does this software deliver on its promises of an 88% ITM rate but you can even chose your own trusted broker and make small trades at just $1-$5 to test the software. We here at Binary Options Underground can assure you will not be disappointed. Thank you for reading our Cloud Trader review and don’t forget to share this article to help others from being suckered into this scam. Binary Options Spot. All you need to know about Binary Options. Dex Signals Scam Review. Dex Signals Scam Review. Read our honest opinion before you sign with this service!

We have delayed this review from sometime but we feel that the time has come and we need to say some words regarding The Dex Signals service. We got some bad feedback regarding this service from traders claiming that the results are not even close to what Maxx Fairo the creator of Dex Signals is stating. The service is supposed to provide you signals from Nadex. com platform, in easy understanding way via email or text massage. Basically what you need is Nadex account, we need to say that we have nothing against North American Derivatives Exchange they are highly reputed and fully regulated to trade binary options in USA! However many US traders avoid them due to many factors but this is not the subject of our scam review today. What Dax signals are supposed to do is to provide you with wining trading signals, which you need to manually place. We are looking at 20-50 signals per day with around 75% accuracy and all that will cost you exactly $197 every month! Maxx Fairo compare this amount to 2 days of trading but in our opinion the price is really high for what you are about to get signing with this service. Screen shot from Dex Signals: First the Dex Signals service is fairly new but has trying to prove legit for the last 2 – 3 months. Unfortunately we are not getting any positive feedback regarding the dex signals. We took a closer look to their track record performance, which by the way is not verified by any authority website but let’s pretend that it’s real. For some reason the last recorded trading month is 092015. We set the history for last 50 trades, and the automatic calculator calculate 75% success rate, which is decent if its real but, we counted the trades taken and turned out that from the last 50 trades there was 27 wins and 23 losses which is 54%, very far from 75%, this misleading fact we take very seriously.

You can take a look at the track record yourself and count the signals manually further they have recorded around 1300 positions but the success percentage is not rising further back. Let’s be clear here, why you are going to lie about your accuracy if, the dex signals service is pretending to be highly legitimate. If you pay $197 per month and you get 54% or even 60% you will generate lousy profits or even lose money, that’s a fact! Performance snapshot from dexsignals. com: Moving on with our dex signals scam review we want to mention few other things that are bugging us. Like the 100% satisfaction badge, placed under the sign up button. We really don’t like badges that are not clickable, and don’t lead to the place where we can clearly understand what will happen if we are not 100% satisfied. Also, at the start of the video Mr. Fairo says that he will change the presentation video with more transparent and good one in the near days but we notice that few months passed and the video staying the same. We also was hoping to see some testimonials from real traders endorsing the dex signals service, unfortunately we couldn’t find any. Thing is that we really can’t find any reason to endorse the dex signals, because they are offering almost nothing compared to the high per month price of $197, and their poor performance of 54%-60% is just not enough. Final Verdict: For Us Dex Signals Is a scam till proven otherwise! Before we finish our dex signals scam review we want to tell you that in our opinion, service that are offered with every month payment structure are slowly dying. There is really no reason to pay for something if there is completely free and proven alternatives. We invite you to take a look at Mike’s FaceBook signals group.

It’s 100% free per month, there are more than 3200 members inside, and the overall success rate of the group is not dropping under 75% for the last 8 months, which is verified by third party moderation admins inside the group and its also recorded on the group’s wall so you can verify yourself. But the most important thing that brings legitimacy to this group is that there are over 3000 people who can confirm the results! Binary Options Spot. All you need to know about Binary Options. 1k daily profit scam detected. 1k Daily Profit SCAM WARNING! Read this important review before you decide to invest with this bogus trading system! 1k Daily Profit system is new binary options auto trading SCAM. Just read this transparent review we will expose every single bogus fact surrounding this well marketed lousy scheme. A lot of claims have been made but we will debunk everything. To be honest even the name sounds stupid in similarity with many other scam names. 1kdailyprofit Scam Review.

1k Daily Profit Scam Review! All the phony details exposed! When you land on 1kdailyprofit. com, there is really nothing intelligent that can provide any trust in this service. Fake SSL badge obviously this website is no encrypted with SSL Certificate. Phony endorsement badges, which don’t lead into the authority websites where they need to lead. 100% spam free? But if you spent time on this page constantly annoying SPAM popup appears asking for your email. So far this website is super annoying. But anyway let’s investigate the actual story and the people involved. According to the creator John Becker the 1k daily profit scam is able to generate $1000 per day meaning $7000 per week with the whopping 99.8% success rate. First let me tell you that during the weekends all online markets are offline, meaning that you can’t make $1000 during the weekends. Secondly, such accuracy as the described close to 100% does not exist, no human or algorithm can execute trades with such high success rate, if we speak for consistency.

Those claims are just nothing but over-promising absurd statements absolutely worthless to us since they are not supported with any kind of third party verification. The presentation video of 1k daily profit scam! The voice over narrator convinces us that he is going to show us his real life proof, and we will be amazed how different this presentation video is! Well it’s not, he promised that he will show us some live trading, well he didn’t everything is fabricated, take a closer look when he turns on the service the clock on the platform stops ticking the seconds. Clearly this “real trading demo” is fabricated by the shady software developers. The 1k daily profit happy members? All of them are just hider actors from fiverr. com. Go there write word “testimonials” in the search bar and after 2 minutes you will convince yourself that our words are always supported with solid evidence! Well in case you don’t have the time we will expose the most famous one. His real name is Bob and he take part in many binary options scam services. Who is the alleged creator John Backer? Mr. No one! You wonder why the only results appearing in google search are associate with this particular scam offer 1k daily profit. Well this identity is hidden behind voice over acting for a reason, and the explanation is quite simple.

He is just invented personality attached to stock photo. We will provide evidence link! 1kdailyprofit Scam Review. 1k daily profit scam! The Conclusion! Everything is so deceptive inside 1kdailyprofit. com that even touching this service is looking scary. Completely fabricated content, fake CEO, payed testimonials and pushing into registration strategies, nothing more. We recommend that you stay far away from this software. Final Verdict: 1k Daily Profit SCAM DETECTED! Avoid this bogus, trash mode software!

New to binary options industry? Sign with free demo account! Also, check out our black list it can prevent you from signing with similar to 1k daily profit other scam! Auto Wealth Bot is another SCAM! The Auto Wealth Bot Scam is another binary options trading system quickly going viral. We are already receiving inquiries as a result of email spamming from the Autowealthbot. com website. The following is our Auto Wealth Bot Review, in which certain character flaws within their campaign are examined to further understand that AutoWealthBot is a get-rich-quick scheme. Autowealthbot. com was built with a purpose of stealing a trader’s money by promising empty pipe dreams of becoming a millionaire in a matter of months. Kevin Jones, the alleged CEO of the Auto Wealth Bot System claims to have successfully created a wealth-generating auto trader, providing “windfall gains around the clock”. Completion of this ‘super technology’ took almost seven years, and is constantly being tweak to maintain perfection. Unfortunately for Mr Jones here, PrestigeBinary has reviewed many binary option scams in the past, and is quite familiar with formal tactics used by scam-artists.

With most phony softwares like the Auto Wealth Bot System, the utilization of video testimonials from fake customers is very common. For example, take a look at “Kristina Jones”(above picture), a supposed beta-tester who thanks Kevin for making over $300,000. Don’t be fooled by her pretty face. Katie Harvey, AKA Kristina, is a well known Fiverr. com actress who has also been spotted promoting many other binary scam services like “Profits with Cindy”, and our most recent scammer review, The Samaritan System . By exploring her link here, uk. fiverr. comkymmypops, you’ll notice the similar looking background and furniture in almost all her clips. Ask yourself this question, if you’re a millionaire, then why is your main source of income generated by acting like a professional spokesperson for $5 videos? We also noticed at the bottom of autowealthbot. com’s webpage, a series of stamped logos and emblems to assist in portraying as a trustworthy trading solution. If you examine closely, there’s a badge that says “Top Best Broker”. A misleading, yet detrimental mistake that’s been evidently overlooked by the liars and fabricators. The Auto Wealth Bot Program is suppose to be an Automatic Trader which is synchronized to sketchy brokers with whom they’ve partnered with, not a broker its self. Our intentions here are meant for extracting a deeper understanding about the lack of integrity within the Auto Wealth Bot Scam and its deceptive tactics used to lure traders into “investing” with their bogus system.

There is no need to further indulge the fact that we’re dealing with another scamming service. If we haven’t 100% convinced you to stay away from the Auto Wealth Bot Software, then ask yourself why a “successful” company such as this would need to hire ‘five dollar’ actors to lie about their progress if it really works? Any favorable corporation who can truly produce a prosperous product would allow their success to speak for itself, not a pretty-faced liar. Our Assessment: Auto Wealth Bot is a SCAM. Don’t be discouraged if hopes were high in regards to Auto Wealth Bot. Who doesn’t dream about making a substantial income for themselves? In reality, trading services like AutoWealthBot. com who promise millions in a short period of time simply dont exist. You CAN make a lot of money with Binary Options, but some research and patience must be applied when searching for Reliable Brokers . Take your time & check our list of Recommended Signal Services and see which best suites your needs. Thank you for reading our Auto Wealth Bot Review and be sure to post any feedback & input below.

7 thoughts on &ldquo Auto Wealth Bot is another SCAM! &rdquo The auto wealth bot is a joke! PrestigeBinary you guys are great. how do they get away with selling a fraudulent binary software? Dont they know that many people like me who are looking into binary options dont have too much money to begin with, which is why i invest in order to make more money?? A millionaire in a couple months?! Yeah Right!! These scammers keep singing the same song. ive had to learn the hard way that trading systems that promise a quick millionaire in a short time arent real and dont work!! Thanks for spreading the word Prestige! Great points you’ve made! I’ve seen that girl before on other binary options scams. It’s no surprise they use her because she’s cute.

Because the majority of the trading population consists of men, using attractive female promoters is a smart, deceptive way of enticing the idea of investing with a particular trading system. its amazing how these people have no shame in taking peoples money by pretending to produce a “working” trading System. Thank you for the Review Prestige, im staying away from Auto Wealth Bot. CryptoTrader Review. CryptoTrader by David Richmond is yet another Binary Options software scam. We urge you to read this informative yet truthful CryptoTrader review carefully before you take another step. David Richmond of Richmond Ventures. We have all heard stories of people who have managed to go from rags to riches unfortunately, David Richmond is not one of them. The man you see on the crypto-trader. co website is a fictitious character. Both he and his alleged company Richmond Ventures are created entirely by scam artists with only one goal in mind, and that is to convince you that Crypto-trader software is legitimate.

Think about this for a second. This man claims to be a self-made millionaire, who is about to float a company said to be worth around a billion dollars, yet there is not one shred of evidence to back up his ridiculous claims. For a man of such worth he does not even have a professional LinkedIn page. In fact, he has no Social Media profiles or online presence. Surely this sends off alarm bells in your head? The likely scenario here is that this man is an actor who has been hired simply to read a script, play a certain character and do his best to get you on board the CryptoTrader scam. How Does This Scam Operate? In accordance with the actor parading as David Richmond in the questionable presentation, CryptoTrader is a completely automated trading software that works by combing the world’s marketplaces, thereafter analysing millions of data points using Artificial Intelligence. Its state. of the art algorithms then predict fail-safe winning trades alongside precise strike rates. Firstly, fail-safe is a term that does not belong anywhere in the world of trading. There is never any guarantee in placing a trade. Secondly, although the above paragraph might sound fancy and safe to use, it became apparent during our research for this unbiased CryptoTrader review, that these scammers have tried to piggyback on another successful and well-established trading software known as TAI Robotic .

It is a common fact that the TAI Robotic Trend Indicator was indeed the first to use Artificial Intelligence as the basis of their software. Crypto Trader is just a poor copy. Most Recommended Auto-Trader. CrytpoTrader Scam Evidence. With the intention of backing up our honest CryptoTrdaer review, we have provided our readers with some concrete evidence relating to this scam. Of all the disconcerting evidence we have uncovered, here are some of the most important points to consider. First of all, the alleged David Richmond claims that he has triumphantly turned 43 normal everyday people into millionaires. Due to the fact that the CryptoTrader scam website was only registered on the 28 th June 2017, we have to conclude that this is a completely false statement. Additionally, none of these alleged forty-three millionaires are not available for comment. This is a sure-fire sign of a scam software. Furthermore, we have reason to believe that the disgraceful con artists behind this scam, have some kind of distasteful connection to another previously exposed scam known as the Multiplexer system. Our reason for stating this is some of the testimonials, images and video used in the Cryptotrader software scam, have been used before in the Multiplexer System.

Do not be fooled by them. Simply look at the images provided below for inarguable proof that this is all fabricated and copied. I hope that this illuminating CryptoTrader review has set you firmly back on the path of logical reasoning. However, should you still be considering this binary options trading software as a viable option, you may want to consider the following element. Mr Richmond claims that not only is his system risk free to use but that it is also mathematically impossible to lose a trade. This kind of absurd statement usually has dire consequences for newbie traders with no previous experience. Please understand that there is always risk involved in trading the markets. Always. Every person who trades actively or has traded before, whether using a legitimate software or trading manually has suffered losses. It is unfortunately the name of the game. It is understood that when a software claims it cannot lose a single trade, you are better off not using it in the first place. CryptoTrader Review Conclusion. Crypto-Trader software is a dangerous scam.

There is nothing credible about this system or its fake CEO David Richmond. We therefore conclude this review by officially adding it to our blacklist. There are far too many warning signs present and we would sincerely advise our readers to reconsider their options. Other known systems like Maximus Edge will at least bring you some profit, whereas Crypto Trader will do nothing but drain your account in a matter of hours. We would like to inspire our readers to share this review in the hopes of saving other day traders from falling for this terrible scam. If you have any feedback or hands on experience with the system, please feel free to share it with the community by sharing your story below. Until Next Time…Happy Trading! Latest Posts. Search Site. Subscribe to our newsletter.

Best Broker. No statement, opinion or information within this website should be construed as a recommendation to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service. TheBinaryAdvisory. com does not accept any liability or responsibility for loss or damage of any kind as a result of reliance on any of the information or content contained within this website. TheBinaryAdvisory. com is not an investment advisory service, nor a registered investment adviser. Risk Disclosure Statement. Please ensure you are aware of and understand the level of investment risk you are comfortable with before proceeding. Binary Options is a leveraged product and therefore carries possibilities of significant profit but also substantial loss. If you are not comfortable with this level of risk then you should not trade these types of contracts. The Binary Advisory website is not owned or operated by any Binary Options company or any of its subsidiaries. You must be at least 18 years of age to engage in online trading. The information on this site is not directed at residents of any particular country, and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Is binary options a scam badge Leading advisers in online trading. Watch how we trade & learn. Strategies, Tips & Videos. Trader’s choice 2016. Most popular software with an 85% accuracy rate. First Android based technology robot. Popular choice with 82% accuracy rate. With cutting edge Pattern Predicting Technology, Neo2 gives traders the advantage. The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading. Best Rated Software Reviews Scam Alerts. Copy Buffett Software Review. Binadroid 2 aka BinaBot 2 has finally debuted online. So far it’s causing more of a stir than Pokemon Go. We are actually kind of excited about this one as it seems as if it could be the next best thing.

In this review we will be covering everything you need to know about this new cutting edge trading software & what it can do for you. Mike’s auto-trader as well as his Facebook signals group has proven to be a firm favourite. Most people in the binary options industry. Quantum Code Scam Review. Zulander Hack Review. The Zulander Hack is a binary options auto-trader or robot as some prefer to call them. The alleged creator Michael A. Wright. Push Money App Review. There is a scam going around called Push Money App, and alarmingly, although some have already reviewed this app as a scam, people are still falling for it. Brexit Bot by Paul Harrison, is nothing more than a get rich quick scheme. Save yourself some time & money by reading this review & moving on to a more credible and proven service. It's not whether you're right or wrong that's important, but how much money you make when you're right & how much you lose when you're wrong. Stay in Touch. Subscribe to our newsletter. Best Broker.

No statement, opinion or information within this website should be construed as a recommendation to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service. TheBinaryAdvisory. com does not accept any liability or responsibility for loss or damage of any kind as a result of reliance on any of the information or content contained within this website. TheBinaryAdvisory. com is not an investment advisory service, nor a registered investment adviser. Risk Disclosure Statement. Please ensure you are aware of and understand the level of investment risk you are comfortable with before proceeding. Binary Options is a leveraged product and therefore carries possibilities of significant profit but also substantial loss. If you are not comfortable with this level of risk then you should not trade these types of contracts. The Binary Advisory website is not owned or operated by any Binary Options company or any of its subsidiaries.

You must be at least 18 years of age to engage in online trading. The information on this site is not directed at residents of any particular country, and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. Binary Fraud Sniffer. Fraudulent Trading Websites, Ripoffs and Binary Options Scams. As the demand for financial trading over the Internet is growing every day, more binary options brokers are getting into the business. Competition is always good for any business, but it makes it difficult for clients to know which companies are legitimate or not. This is where Binary Fraud Sniffer comes in. Our company reviews these online brokers by reading reviews from online communities and trading with these providers to gauge the legitimacy of the clients’ opinions. At the end of the day, our firm rates brokers and gives the traders an easy and fast way to select the broker that’s right for them. How do we rate online brokers? Trusted Broker – Investors who see a green badge marked on an online broker can fully trust in them. This badge means that this broker has a good reputation within the binary options community. It also means that we feel that people will have no problems with trading with these brokers because of their record of offering competent returns, fairness and integrity.

Use Caution – Traders who see a yellow badge marked on online brokers must be careful when doing business with them. Our review and research procedures may have started on these brokers, but our data on them is still incomplete, so we will not be confident in our decision to legitimize them or not. Investors are advised to check back with us from time to time as we will eventually conclude our reviews on them. BlackListed – Clients who see a red badge beside an online broker’s name are best advised to stay away from them. This means that the broker has received a significant amount of negative reviews from the community, and that we are convinced that these reports are valid after trading with them for a while. The bottom line is: if we don’t want to do business with a particular broker, investors who still want to take the risk and proceed have been warned. What kind of Scams are we searching for? Push Button Scams – Considered one of the worst scams so far, these companies inform honest clients that they simply have to invest money in them and click a button for instant profit. If they get tricked by this, the cash is already deposited and there is no ROI because all trades will result in losses. Withdrawals – There are brokers that make investing in them a streamlined process, and then make it very difficult or almost impossible to withdraw their winnings. We have encountered this type of scam more often nowadays, and no trader will want to experience this.

Bonus Scams – Most of the time, online brokers will attract new clients in by presenting bonuses that seem too good to be true. The problem is that these bonuses are locked in strict regulations which make it not possible to withdraw their winnings. Strike Price Manipulators – This type of scam makes it close to impossible to make money during a trading session. Integrity – While there are brokers that are officially regulated and licensed, they end up ruining their good reputation because they manage to cheat the system and therefore cheat on their clients as well. Unregulated Brokers – These kinds of online brokers do business with their own set of rules, so they can potentially take the client’s cash by hook or by crook. This is the reason why we have the to license and regulate online brokers. BINARY FRAUD SNIFFER. Sniffing out and exposing binary options scams. Providing trusted broker reviews. binaryoptionsblacklist. com. Social Media Impact for. binaryoptionsblacklist.

com. This CoolSocial report was updated on 21 Nov 2012 , you can refresh this analysis whenever you want. Binaryoptionsblacklist. com scored 40 Social Media Impact. Social Media Impact score is a measure of how much a site is popular on social networks. 2 5.0 Stars by Social Team. This is the sum of two values: the total number of people who shared the binaryoptionsblacklist homepage on Twitter + the total number of binaryoptionsblacklist followers (if binaryoptionsblacklist has a Twitter account). The total number of people who shared the binaryoptionsblacklist homepage on Google Plus by a google +1 button. The total number of people who shared the binaryoptionsblacklist homepage on Delicious. This is the sum of two values: the total number of people who shared, liked or recommended the binaryoptionsblacklist homepage on Facebook + the total number of page likes (if binaryoptionsblacklist has a Facebook fan page). The total number of people who shared the binaryoptionsblacklist homepage on StumbleUpon.