The Binary AutoTrader is well-organized scam!
Please read this review before you end up tricked by this money stealing machine!
Official website: binary-autotrader.com
The Binary AutoTrader is a good-looking trading platform designed to steal your money, in very elegant way.
In this review, we`ll go ever some very important topics and we`ll provide very transparent explanations for all new comers. Just remember, it’s a scam and before you decide to put real money you must read this article.
Binary AutoTrader Scam Review – All you have to know!
First and one of the biggest problems is that the creators of this service remain completely anonymous! The official website does not share any names companies or any type of useful information, which can say who the people behind this product are. Moreover, we don’t have any presentation videos or anything that can explain what this software is!
How the software works?
Despite the fact that there are no explanations provided within binary-autotrader.com, about the inside of the software, we know everything. We know because we have investigated more than 15 similar looking robots. They all use white label technology and same strategies and approach. That’s why we`ll explain how the software is working.
We are looking at short-term trading algorithm, which trades mostly 60 second to 10 minute expiries.
If you make a demo registration you`ll find that the inside platform actually offers several features.
Three types of trading methods: Classic, Martingale and Fibonacci.
Bunch of indicators: Trend, Stochastics, RSI, CCI, Williams and MACD.
The purpose of the vast offered features aims to provide the investors with multiple options. Eventually you have to find the golden indicator mix, which makes the biggest profits for you. In reality however, those buttons do not work. We have tested them many times and it doesn’t matter, which of the indicators are ON or OFF, they never bring any change into the behavior of the algorithm.
Furthermore, why a strategy will need 5 similar indicators as triggers? Stochastics, RSI, CCI, Williams and MACD are similar indicators. They all measure the oversold and overbought markets, and overall it does not make any sense in our eyes!
In addition, we would like to say that the only settings which actually bring effect to the robot are the trading methods.
Anyway, this versatile trading system has only one goal – to steal your money faster! The martingale method is just simple double up method, which will double up your next investment after every losing trade. Eventually if you end up with few out of the money trades in a roll you`ll lose all your account instantly! Fibonacci is no different, another type of double up method but following the Fibonacci numbers, 1,1,2,3,5 and so on.
Essentially everything is set to trick you out in order to consume your capital.
How the actual scam works?
The Binary autotrader is relying on very convincing approach. The platform allows new users to register free demo account, where they can test the system risk-free.
The problem is that those demo accounts are separated from the reality and designed to always win. Once you get enough confidence and switch to real money account, all the trouble start. Your account will be depleted within a day and you`ll be left on the street with no one co complain to. Remember the creators of this software remain anonymous. Means that you don’t who manages your funds!
How to recognize the Fraud?
That’s actually very easy. Similar approach can be used to debunk all similar looking robots also. Just sign a demo account and open 10 – 20 positions. Then compare the expiry rates with real charts, from existing broker account you have or with free unbiased online charts. You`ll find very big difference between the binary-autotrader.com expiry rates and the real price. That’s because the demo of the service is not synced with real charts but with their inside server, which generates only positive outcome for the investors.
Binary autotrader Scam Review – The Conclusion!
As we explained so far we have investigated and black listed more than 15 similar bogus robots. Everything started back in 2015 with Option Robot. Check the review, and if you are interested in further details, check out black list for the rest of the similar services. Most of them contain the word “robot” so search and check several.
The most important detail within our article is the example we are providing. Try to memorize the approach the inside look and as much information as you can about this offer. Into the future, when you land on similar opportunity just avoid it because nothing good awaits you onto the other side.
Review Verdict: The binary autotrader Is a 100% SCAM! Beware and avoid any real registrations with binary-autotrader.com.
Binary Options Trading is a good money making method. Many people are using the instrument to add some money to their monthly income or as full time job.
Unfortunately, due to the high demand and the fact that binary options offers low risk to the investors the field is dragging all kinds of dishonest crooks.
Knowing that fact you have to be always careful with your decision making. Make sure to always rely on good reputed help-trading tools and brokers!
For Safer Alternatives, we invite you to check our Top Recommended Trading Solutions! They are all 100% endorsed by the community and tested before approved!
Questions? Contact us at: BinaryOptionsSpot@gmail.com
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