Read this Binary 5 Review, Find out why Binary Today 5 website is Scam.We just checked out this signal service provider called Binary 5 App. But we were not pleased by what we discovered. There are a lot of suspicious elements hidden in this strange site, starting from the anonymous owner (John Kane), to the fake explanation of how it works and profit potential as well. These things don’t make sense, which is why we had to write this expose to warn traders who initially thought that Binary 5 Autotrader was a genuine signal provider.
What is more, this domain comes in many variants, and you have to know this upfront. You might see something like Binarytoday.com, Binarytoday5.com or Binary5.com. These domains are run by the same online criminal, and he is out to milk dry any trader who will think that the market is quite forgiving even when approached with ignorance.
The Binary 5 Review – Why Binary Today 5 A SCAM ?
Yes, this is a scam. We have problems with how John Kane, the anonymous owner is presenting it to traders. We understood that this Binary 5 Software had an ITM of 81%. But who exactly can explain how this should be achieved on a consistent basis? There are no answers touching on this question.
The closest review we were able to get was that Binary 5 App makes use of a series of indicators that gauge crucial support and resistance levels while identifying correction of trends. So basically this system uses Stochastic, RSI, Trend CCI, and many others to identify whether or not a potential position will be profitable if entered.
But the problem with this method which they call ‘’strategy’’ is that it can never guarantee a consistent 81% win rate no matter what. Furthermore, there are several strategies that one can form out of these technical indicators combined. The exact strategy that Binary 5 software uses is not explained.
The second reason why Binary 5 App doesn’t work and is possibly a scam is because these indicators sometimes get confused when market conditions are not favorable. They don’t give the true picture of what is happening on the markets. Unless you a professional trader with a wealth of experience behind your back, there is no way of telling if these indicators will yield good results, even if they all speak the same language.
The thing is, this kind of intelligence has never been incorporated into a trading robot since there is no known method that can be used to put this kind of intelligence in a trading robot.
False Trading Results : The Binary 5 Website Exposed !!
The Binary 5 review website boasts of what they call daily results, and it is never that easy for us to trust fabricated results. So we took one sample and back-tested it to see if the figures represented the real thing.
We worked with USDCAD currency pair on the indicated date and time (2016.11.10, 11:50). According to Binary 5 website and daily trade results, this was a PUT position at the said date and time.
Although the entry price and exit price is stated with figures that suggest that the position closed in profits after the price went down, our close analysis on this matter shows that price never went down at this particular time. It continued to sky-rocket higher, perhaps by 10 pips or higher.
If indeed Binary 5 review software followed technical analysis tools to gauge what was happening in the markets, there was no way it would have displayed a PUT signal. It was clear that the Bulls were in action that entire hour. Therefore, this is a possibility that this is a fabricated chart since it doesn’t agree with what happened on the charts in that particular day.
John Kane is An Anonymous Figure : Fake Binary 5 System CEO Revealed !!
So now that this guy is claiming that he owns the most profitable 5 minute binary trading robot in the world, does it make sense for him to hide from the public?
Think about this; no one has ever seen his face anywhere. Furthermore, most of his scam websites never have pitch videos. But even if they do, he usually makes use of voice overs to avoid detection. He is clearly hiding his real identify for fear that it would ruin his ‘’career’’.
You see, we have even searched for this name on Google and everywhere on social media and found nothing. No one in this name is associated with binary options trading. Again, those who have fallen in his traps before have always left hints about his dishonesty and scam nature of doing business. There are many negative reviews and comments which depict that Binary 5 signals are fake..
History of Binary 5 system
When you visit Binarytoday5.com, you learn that this review software was first tested and used in 2012. At the time, it is alleged that it had a win rate of 73%, and that they’ve always continued to improve that figure, and now it is standing at 81%.
This is obviously a lie because Binary Today 5 website and any similar site owned by this online criminal were registered in 2016. There is no way they could have launched this software in 2012 without a website to download it from.
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Conclusion – Binary 5 System is a SCAM
The Binary 5 scam is obviously operated by people who have no idea on how to make money in the financial markets. Therefore, it doesn’t matter whether or not they talk about using a 24/7 customer support to answer your question. It doesn’t matter if they announce that this software is worth $179 or $329 or that you will get 25+ signals every day. This is just hogwash because we know from the word go that this is a scam. So why dwell on features that don’t exist in the first place? Avoid Binary 5 signals and your money will be safe.
With that being said, there are a few working and profit giving software’s like Code Fibo! We have listed top 5 binary signals according to their performance results and user feedback, check our Recommended Signals page. Hope this Binary 5 review was helpful. Do stay out of Binary Today 5 scam.