NovaStar is another shitty binary trading tool scam that has reared its ugly head. NovaStar is promising users over $3000 daily and this number is guaranteed. Before you jump into any conclusions, you should know that this is all a big lie. NovaStar is using this lie to lure unsuspecting online investors into signing up with them.
We have received numerous email complaints from users who claim to have lost all their deposits instantly. Yes, immediately they deposited with NovaStar, their hard earned money went to the drain. We decided to conduct a thorough and in depth investigation and reveal the whole truth about NovaStar. We urge our dear readers to take time and read this detailed and transparent review
Michael Newberry is the self-proclaimed developer of NovaStar. . We don’t know much about him only that he is the creator of this disgrace. We don’t know much about this guy but he is the person who presents the presentation video. We are positive that Michael is nothing but a hired Fiverr actor who has been paid to lie in front of the camera. These hired actors are hired from fiverr.com and they sell for $5 for every fifty words spoken. The real scam artists behind this bot hide their identities and use the actor as the face of NovaStar.
Since the presenter, Michael Newberry is a paid actor, we cannot believe anything that he says. This is crystal clear that NovaStar is nothing but a money making scheme that entices newbie traders into joining. These scam artists take advantage of newbie traders as well as online investors into signing up with this shameful scam. We have searched everywhere for this genius developer but there is no mention of him even on social media. How can one make a tool that generates so much money in a day and not be on any social media pages or search engine?
Michael Newberry claims to have made millions ever since he developed this trading tool. He claims that the trading tool was finalized early 2016. For the past one year, he has been using the app and generated insane profit margins. He also goes ahead and states that he decided to share the trading tool with the rest of the world. He wants every person that signs up with this bot to earn as he did. To add icing to the cake, he says that NovaStar is free of charge.
NovaStar 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 has regulated brokers. With regulated brokers, your money is in safe hands. Some of the brokers that this bot is using is blacklisted brokers so you should avoid this software.
We have already pointed out that the developer is fake. The people you see on the home page nova-star.co 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 bot. When newbie traders see this, they believe it not knowing the scam waiting for them.
The developer claims that he started using the app early 2016. When we used the whois.com to find out when the site was registered, we were shocked to find it was registered last month. Yes, all the talk about how he has been making money for the past one year is definitely a lie. How could he have earned all that money when even the domain wasn’t registered?
According to the presentation video, NovaStar apparently has a one of a kind algorithm. This algorithm has a 100% winning rate and thus you will win all the trades you place. It means that even newbie traders who don’t know the meaning of trading will use the auto pilot feature and make money. Who earns money by just clicking a tab and make over $3000 daily. They also add in the fact that NovaStar is free of charge. We decided to investigate further and reveal the scam artists behind NovaStar.
We also used whois.com to determine when the website was registered. On the presentation video, they claim that NovaStar was working since last year. We found out that NovaStar was registered last month on the 15th of April 2017. This makes it a scam since the developer claims to have made his millions using this bot since last year. This clearly points out that the NovaStar has been made up and there’s nothing genuine about this it.
The fact that NovaStar 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 that NovaStar is definitely a scam.
NovaStar apparently runs on auto pilot mode and has an appealing winning rate of over 100%. The NovaStar presentation video claims that there is no trading tool on earth that can match its qualities. This all sounds very convincing and that’s why we decided to continue digging. NovaStar claims that their algorithm apparently does magic when running on auto pilot mode. They claim it has NASA grade programming that is one of a kind that manipulates the stock markets into NovaStar’s favor.
This means if you have never traded, you don’t know what put or call is. NovaStar will 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. NovaStar is a scam that should be avoided at all cost.
The real truth is that the owner of this site does not know what he is talking about because the site is a scam. The testimonials are also not real because the people who give them, do not use their real identities and are not traceable. The 100% money back guarantee they claim is not real because there are a lot of people who have lost lots of money. Everything on this website is a big lie and you should be able to see this as soon as you land on the first page.
There are indeed genuine and trusted robots that traders use in the lucrative binary trading world. Always use trusted and recommended bots that experts recommend. We have no other option but to flag and condemn NovaStar as a Scam.
Trade safely with tested and trusted bots to get the best out of binary trading.
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