Binary Options Robot 24 is another binary related scam that has struck the lucrative binary world. Binary Options Robot is promising fake expected income margins. This lame trading tool is promising high and quick profits. This is a ploy to lure unsuspecting online investors mostly newbie traders into signing up. Read the review and find out the whole truth about Binary Options Robot 24.
Binaruy Options Robot 24 is free according to the presentation video that pops up immediately you land into the home page. They also claim that you will make profits automatically making Binary Options Robot 24 perfect since it will also make profits for its users with simplicity and no hard work. We had to dig in and find the truth behind this fake trading tool.
The claim that for several years Binary Options Robot 24 has been helping millions of people trade effectively and efficiently while at home is pure bull. The presentation video starts by claiming that you will make money at home even without doing anything. So we did a quick search using the approved whois.com database which is a domain checker and we found out that this bot was officially registered on April 2016.
This clearly shows Binary Options Robot 24 has not made anyone a millionaire, this is just a ploy to rake in newbie traders and steal their money within a heartbeat.
The truth is that we cannot pin point the person behind this bogus trading tool. On the web site binaryoptions24.com, you cannot see any information regarding the creator or developer of this scam. There is no mention of a name or company that is behind it making us question it more. How can you come up with a so called amazing trading tool and don’t want recognition, and if that’s the case, why not even mention the company that developed the software for you? This raises a lot of questions regarding Binary Options Robot 24.
The developers claim that the site has been around for three years, yet this is not true because this site was just formed recently. The widget with live profits is also dormant as they remain the same even if you refresh severally.
The claim that this app runs on auto pilot mode and will earn users several thousand dollars per day is total crap and this is why. In the terms and conditions, we read that in the event that the bot makes any loss, the bot is not liable for any damages, making us question the 100% guarantee profit claim that they keep throwing at us.
This means if you have never traded, you don’t know what put or call is. The trading tool execute trades for you while you do your other chores. They say you need to follow some of their experts’ trade patterns, and you will be a pro in no time. All this seems all too good to be true, and as we always say in our reviews, be wary of scams. Binary Options Robot 24 is a scam that should be avoided at all cost.
This has been seen as a strategy used by the developer of the site to ensure that unsuspecting clients invest their money and get conned before they can realize what is really going on in this site. Since it does work on phones and tablets, this means that one has to download it to their PC which will definitely not allow trading on the go, hence meaning that one has to spend a lot of time sitting in front of a computer in order to make meaningful profits if possible.
We believe that this is all fictional since all financial trading markets are volatile and prices change abruptly. This is caused by unforeseen forces such as boardroom wars, political interference, strikes and many more. Thus, making the right prediction all the time makes it a hard task, impossible to accomplish.
They are also lying to us when they say that their software uses a one of a kind algorithm. Their algorithm apparently works miracles and will without a doubt succeed in all trades. They claim that Binary Options Robot 24 is using artificial intelligence. This sounds all good to be true.
Binary Options Robot 24 is using unregulated brokers. This means that once you deposit money with them, the money is at the mercy of these scam artists. The problem with using these unregulated brokers is one, you cannot report them once they take away your money. This is why we always state in all our reviews that users should use tools that have regulated brokers.
With regulated brokers, your money is in safe hands. Some of the brokers that Binary Options Robot 24 is using is blacklisted brokers so you should avoid it.
We have already pointed out that the developer is fake. The people you see on the home page binaryoptionsrobot24.com are all stolen online identity photos. We are sure that the people you see being paraded as testimonials are stolen online identity photos. We know that this is another trick that scammers use to try and legitimize their fake trading tool. When newbie traders see this, they believe it not knowing the scam waiting for them.
We did a thorough investigation using the trusted Divisions of Corporations site and the results were shocking. There is no company registered with the name Binary Options Robot 24 anywhere on the face of the planet. This is clear indication that we are dealing with a dummy company. This is very risky business and we cannot allow such tricksters to ruin the binary trading world.
In real sense, it is a fabrication because he does not mention the company. In promoting business, mentioning big companies that one has worked for builds referral confidence to the customers. Just as the owner’s testimonial, customers’ testimonials only represent the owner’s words and for real customers. Binary Options Robot 24 hand picks celebrity photos and accompanies them with words of how it turns a $500 investment to $10500.
The fact that it has a win ratio of 100% is a total lie. No trading tool in the world can have this accuracy levels. The financial world is complicated and prices change abruptly. The reasons for the sudden changes include boardroom wars, political interference and demand supply factors. This makes it even hard for even binary trading experts to achieve such accuracy levels. This is another lie that these scam artists are throwing your way. We have proved Binary Options Robot 24 is definitely a scam.
There is also a funny claim Binary Options Robot 24 is all over the news. We did a thorough review and found out that this is all false. There is no mention of it anywhere on all financial media outlets. We can also prove that all the testimonials you see on the home page are purely fictional.
Binary Options Robot 24 is indeed a scam worth avoiding. This trading tool will leave you high and dry. Do not forget that you will lose all your money within a heartbeat.
If you are interested in binary options trading, chances are that you’ve heard of automated trading software and how it lets traders mechanize binary options trading practice.
The trouble is that fame of these software robots has attracted dubious copycats to the market, over-saturating it with binary options auto-traders that are nothing but a rip-off.
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Read more about these binary options robot scams, and ensure continuous profitability from your binary options trades for the long-term.