Binary Options ProBot is another trading system recently released to the market. Here is our critical Binary Options ProBot review! We are certain that scammers behind the trading system are looking for people to defraud. If you receive an invitation for this trading system, you should not give it any trial because it a trap set to destroy your live trading account. We checked the trading system and investigated the information, and found that information is misleading and aimed at deceiving investors.
We find it hard to swallow information contained in the Binary Options ProBot video review because everything presented there is to deceive and misrepresent the facts about this trading robot. It claimed that the Binary Options ProBot app was built by a team of professionals who they claimed have more than a decade experience in the trading of the binary options market. If actually that the app was built by a team of professionals, and who have spent a decade on the trade, then there is nothing to show for it, because as far as we are concerned, those who have produced the Binary Options ProBot system do not know much about the binary options trading system.
The robot according to the video review is based on six indicators. They believed the six indicators would make it hard for you to lose any trade once you use the Binary Options ProBot software. It believes that the system is one hundred percent accurate. Moreover, they claim that the traders would always predict the outcome of the market successfully because the system would predict the outcome. Furthermore, they claim that Binary Options ProBot signals system works and uses the same strategies as the hedged fund system.
It claimed that the trading system is going to make you rich because you are going to win, especially if you use it on autopilot. It is good to say at this point that these claims are not verifiable. Moreover, we have checked and discovered that the Binary Options ProBot software app is not recommended anywhere. We also discovered that this app is vigorously promoted on the internet by affiliate marketers. They can make money only when you purchase the trading system. This is why they use different tactics to convince you to buy the product. They are not out to help you, but plan how they can deceive you to steal your money. Do not allow them to deceive you.
Why Binary Options ProBot is a Scam?
As said earlier, we have spotted several red flags in this trading system, which made us to stay away from this Binary Options ProBot scam. We have discovered that information provided by the app is completely misleading, and the aim was to confuse you. Here are some of the facts we have against the app that show that it is a scam.
Use of unregulated brokers
The first thing we discovered in Binary Options ProBot review is that the app is that you would be forced to domicile your live trading account with an unregulated broker. If you are a professional trader, you should know the implication of this to your live trading account. The implication is that if you deposit your money with such a broker, the money would be gone because you cannot have access to such a fund again. They selected those brokers to make it easier for them to steal your money. Even if you complain by sending mails to the brokers, they cannot get back to you and you will not get your money back because nobody is going to reply your email. This is a sure sign that Binary Options ProBot is a scam, and that is why we warn you to stay away from the system, because it is going to damage your source of livelihood.
Promoted by affiliate marketers
Another interesting thing that we discover in Binary Options ProBot software is the fact that they relied on affiliate traders for the promotion of the business. They know that they cannot convince professional traders. Aggressive marketers promoted it because their next meal would depend on whether they have deceived you to invest on the Binary Options ProBot app or not.
No trading algorithm
This is a trading system that does not display any trading method. We tried to understand the trading algorithm that the Binary Options ProBot software app relies on getting its signals and we cannot find any. It said that it uses six trading indicators. It did not mention the type of the method it uses to derive its signals. If it has any profitable signals, we had expected that they should show it, but they do not.
Unrealistic earnings claims
The Binary Options ProBot app just like other scams before claimed that you are going to become a millionaire overnight if you use the Binary Options ProBot trading system. We do not need to disturb you with figures here; we want to tell you that anytime you see any trading system that is promising riches overnight should be avoided. Money does not come that easy way. There is no software that can make you rich instantly, you should be aware of this and stay away from any trading system that promises such a bogus amount of money.
We have checked the Binary Options ProBot testimonials section and discovered that the names were not real. The images were selected from other sources on the internet and presented to you as if they were real and verified traders. The images are stock photos and that means that they are not real traders. Do not believe the testimonials because they are not real reflection of what the trading system is all about.
No free demo
To deceive you into using the fake scam trading app, the creator asks you to sign up with their brokers and you would be given a free demo account. There is no such free demo account. It is just to deceive you into sign up with their broker and nothing more. As soon as you fund your live trading account, you will begin to witness losses in your account.
Our Favorite Binary Options Robot! Long Running, No Performance Drop!
Binary Options ProBot software is one hundred percent scam. It is a ploy to wipe out your live trading account. This app has nothing positive to offer you. Stay away from it. Hope this Binary Options ProBot review was helpful for you.
Instead of these scams look for profitable trading robots that can earn you money. We have some of them here. Head over to our Recommended Signals page. Also check our Binary Options Scams list where we have listed all signals and brokers scams.