Option Trader is another rotten binary trading tool scam. Option Trader is offering high and quick profit margins to lure online investors mostly newbie traders to sign up. This is simply another way these fraudsters are using to rip people off. From promises of making over five thousand daily, to guaranteeing their money back, Option Trader is simply a lie.
We have received numerous email complaints from users who were conned by Option Trader. We decided to conduct a thorough and in-depth review to find out the truth about Option Trader. Find out more as to why we are condemning and flagging Option Trader as pure crap that should be ignored.
Search engines are silent whether Option Trader works or not. However there are negative reviews and comments flying around social media sites. These comments are from people who have given in to this scam only to get their trading accounts drained. The binary trading community does not recognize Option Trader and no trading expert or legit company has backed this illegitimate app.
Option Trader is a fraudulent trading tool since the presentation video does reveal the name of its developer. Option Trader is definitely a scam since we cannot believe what the presenter of the video says. This is clearly a money making scheme meant to take advantage of unsuspecting investors. Who would invent a profitable money making tool and not get recognition? This is one of the many points we will expose in this full blown scam exposure. Here’s another lie we uncovered.
Option Trader claims that his program is endorsed by the NYSE which is another of his big lies. There is nothing at all that would support this by any means. We have seen these scam sites give the same claims that they have been endorsed by the likes of CNN, BBC, FOX and even magazines such as Forbes while this is entirely false. This old trick only serves to convince people that the scams are legitimate while in the real sense we all now they are not even an inch closer to be being legal.
The story about endorsement is false. Companies such as CNN or FOX do not endorse scam bots. They should think of better lies to tell but not these same old lies.
When you register with this fake robot www.option-trader.com using your name and email, you will be directed to a second homepage which is referred to the member area. In order to trade with this robot, you will have to register with a broker and this is where the problems start flying in. These brokers will be in control of your money and you will only withdraw your money at their mercy. You are also required to make a minimum deposit of over $250 in order to start trading with this lame scam.
Option Trader apparently runs on auto pilot mode and has an appealing winning rate of over 98%. The Option Trader 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. Option Trader is claiming that their algorithm apparently does magic when running on auto pilot mode.
When you enter your personal details on the homepage you will be redirected to another page for registration. On this page, you will find testimonials from members of the software. However, these are not real users of the system. The pictures alongside the reviews are very different people.
This means that the names of the users are fake and do not match the people in the pictures. We did a follow-up of the photos used for the users only to find out that they had been obtained from other people’s twitter accounts. It is clear that dishonesty in the site is way too much and keeps on building up.
Another flaw with Option Trader is the fact that there is no demo account that newbie traders can use in order to get used to using this robot. The customer service at Option Trader does not work and sending emails to the help desk won’t help since you will never get a reply from these scammers.
Binary options are contracts of limited risk that are based on a simple yes or no market proposition that depicts whether the market will go up or down by the end of a trading week. They offer traders ways in which they can trade the most active indices, forex, commodities, events and bit coin markets with relatively low collateral.
They claim that this one of a kind trading tool is free of charge. The truth is, once you register, you will be redirected to the member’s page. On this page, you are required to make an initial deposit of $250 to start trading. Didn’t they claim that the trading tool is free? Why are they insisting on users to deposit this money? This is what most people refer to as hidden charges, which is illegal and should not be condoned.
What made us question this bot was the notion that it will guarantee 98% of all winning trades. Let’s be honest with each other, the only way any tool can have such a high accuracy level is the tool can predict the future. We all know that no one can predict the future let alone the financial markets. The market is always volatile and changes in prices occur abruptly and without warning. This accuracy level is just way too high and a ploy by these scammers to lure unsuspecting binary options traders as well as online investors into signing up with Option Trader.
Another alarming factor that must be looked at is the fact that they claim that this bot can be configured by users for optimum or maximum returns. Kindly do not be fooled by these empty promises that are thrown at you by fraudsters who only want to lure in with huge promises only for you to lose your money in a heartbeat once you start depositing your money with their trading account. If this bit was really reliable and accurate as they promise, then we would know who is behind this app. This factor is hidden from us making us question this app even more.
When you land on Option Trader’s website, you will see the supposed results from the users who have apparently used this app. We can strongly confirm that these people are not real but some fabricated stories that include identity theft. This is a method used by online fraudsters to try and legitimize their scams so that newbie traders can believe that this tool really exists. The database used by the users is totally fake since the information given to us is in text mode and not in visual.
Option Trader is definitely a scam. Yopu should avoid Option Trader especially the emails you receive. Treat Option Trader as nothing but a lousy scam.
There are real and tested trading tools that offer realistic winning margins. Tools used by the trading community are trusted and approved. Use genuine trading tools that promise realistic profits and you will never go wrong with them. Trade safely and use authentic trading tools to stay ahead.
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.