The Binary Brain Trust scam makes some unbelievable promises and the amount of guaranteed monthly income appears to be too good to be true. In this unbiased review we provide the answer to your question “Is Binary Brain Trust a scam?” Our review investigations have proved beyond doubt that it is a scam and you could easily lose some or all of your initial investment.
How Is The Binary Brain Trust System Supposed To Work?
Binary Brain Trust software has allegedly been developed to replicate trades made by a team of top binary options traders around the world. Some of these professionals are trading manually from their own analysis and trading strategies. Some of them are using automated systems that rely on signals generated by software that uses a complex algorithm for market analysis.
Martin Clayton is the founder and chairman of Binary Brain Trust. He says that he created this binary options trading system five years ago, as a way to guarantee profits for his clients. He claims to have 55 professional traders and financial analysts working for him in offices around the world.
When investigated the Binary Brain Trust for this review, we found no evidence to verify any of the information provided by Martin Clayton about his finance company. BinaryBrainTrust.com is supposed to have been trading for five years on Wall Street, in the City of London, Hong Kong and other financial centers around the world. Search results for the company founded by Martin Clayton only show websites featuring a review or promoting free Binary Brain Trust software.
What Happens After Signing Up?
After entering your name and email address you will be taken to the member’s area of the Binary Brain Trust website. There you can see some demo trades and you will be directed to open a broker account. You will then be expected to deposit some money, as your capital investment for binary trades. This means that you must place at least $250 in your new account, which will be linked to the Binary Brain Trust master account. The automated Binary Brain Trust system will then replicate trades from the master account. It will execute all of these for you, using the funds in your trading account.
Binary Brain Trust signals are supposed to generate profits of at least $5000 per day for every member who uses the automated trading system. However, the simulated trading results on the website and in the video do not represent actual trades and there is a big risk in allowing this unproven trading system to use your money for binary trades. You could end up losing your entire investment.
You should also read our Push Money App Scam Review!
Why Binary Brain Trust is a Scam?
Our investigations for this Binary Brain Trust review have exposed a lot of false information on the official website and we can prove to you that most of what you see in the video presentation has been faked.
It is not true that “market regulators” have restricted Binary Brain Trust in the number of new members that are permitted to join. The Binary Brain Trust is not regulated by any authority. The website shows that there are only 21 remaining memberships available and this number counts down while the video is playing. This is just a tactic to get you to sign up fast for some scam software. Each time we accessed the website for this review, new memberships were still available.
On the website, below the boxes and button for signing up, the official logos are displayed for Forbes, CNN, HuffPost and Technorati. These respected financial channels have no association with Binary Brain Trust. None of them has ever endorsed the software or featured it in an online review. These registered logos have been added to the scam webpage without any authority and are only there to give the false idea that Binary Brain Trust has some credentials.
The website also features false statistics that cannot be verified. For example, it is stated that over the past five years each trader made around $1.2million per year and that yesterday every member made $5382. (This amount never changes!)
The guarantee that you will make $100,000 per month is not backed up by any refund policy. If your initial investment in binary options does not produce profits, there is no legal way to claim your money back after losing some or all of it on trades.
The Disclaimer, which can be accessed through a small link at the foot of the page, specifies in legal terms that you should be aware of the possibility that you could lose some or all of your initial investment. The Disclaimer also states that the examples on the website do not show any actual trades and these do not represent the results that will be achieved when you start trading for real.
Martin Clayton, who can be heard speaking on the video presentation, is not a real person. A British actor has been paid to read the video script. The brief screenshots showing bank accounts in the names of William Smith, Jim Park and Holly McDerry are also fakes. These people are not real members and their life stories have been made up to promote the scam.
The truth is that the Binary Brain Trust scam makes money from an affiliated binary options broker each time a new member registers and deposits funds for trading. This is why they want as many people as possible to invest at least the minimum amount of $250. The creator of the Binary Brain Trust scam software does not care if you win or lose your money.
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Our review has exposed the false guarantee and the fake credentials, which are proof that Binary Brain Trust is a scam. The scam makes it appear as if this is a very limited opportunity from an established finance company, but there is no Internet history for the company behind Binary Brain Trust and no guarantee of making any money. The software is not to be trusted and automated trades from the signals could easily result in financial loss.
With that being said, there are a few Binary Signals Softwares which actually works and make you money trading. You can check our Recommended Signals page to know our top 5 systems which we ranked according to the test results and audience feedback. Also go through the Binary Options Scams page and make sure that you haven’t signed up with any fraudulent offers.