We have investigated the Free Pump Trades software to find out if it really is a risk-free auto trading system or if it is a scam. Our review reveals that it is a scam and we have evidence that the software is unreliable. All the details of the scam are exposed in this Pump Trades review.
What is the Pump Trades Software and Who is Behind it?
On the Pump Trades website it is stated that the software is designed to place winning trades in the binary options markets with a single click. The video presentation for this offer describes it differently, stating that it works with an ultrafast computer to buy and sell assets.
Alex Stewart appears in the video as the CEO of Pump Trades Investment Ltd. His company is apparently offering the Pump Trades App in two different ways. One is completely free and the other is available at a cost of $2,990. The free software is the same software as the $2,990 version and is only on offer for a limited time.
How Does the Free Pump Trades Software Work?
There is nothing complicated to set up when you access the web based Pump Trades App. It can be used on any web browser and is compatible with Mac, Windows and Linux based systems.
You have to sign up with your name and email address to enter the members’ area of the website. Then you will be told to activate the free auto trading software by opening a new broker account that is going to work with the Pump Trades System.
You will be required to make a minimum deposit of $250 in order to get started, but Alex Stewart recommends investing at least $500 if you want to make more money from Pump Trade signals. You can only gain access to the software by funding your new account and clicking once to start autotrading.
You are only told that your binary options trades can take anything from one minute to sixty minutes and that you can expect one out of every ten trades to result in a loss. There is no information about the algorithm behind the financial analysis for the Pump Trades signals, which are supposed to be 92.50% accurate.
Research for this Pump Trades review has uncovered a lot of negative evidence and there are many strong signs that it is a scam. You should not trust anything which appears on the Pump Trades website about this auto trading software. In this section of our review we expose all the lies and deceptions being used to promote the Pump Trades scam.
When we searched for information about the CEO of Pump Trades Investments Ltd, we soon found out that the person who claims to have developed this auto-trading software, Alex Stewart, does not exist and there is no company with that name.
We could find no sign of anyone or any business selling the Pump Trades software for $2,990. It is only the free software offer that is being actively promoted and the quoted selling price of $2,990 is just a scam tactic to make it appear more valuable and to suggest that it is a limited free offer. This will make people want to sign up and fund an account immediately.
The next thing we investigated for this review was the statement that Pump Trades software has been analyzed and tested by the authorities in Japan and the USA and given their official approval. This is nothing but a great big lie! There is no way that the authorities in either of those countries would ever get involved in testing and approving binary options software.
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The video script is also misleading when it states that the software is designed for the fast buying and selling of assets. Binary options trading is only concerned with whether the price of an asset will rise or fall within a set amount of time. There is no actual selling or buying of any assets involved, so the person in the video knows nothing about binary options.
There are empty promises made about the limited offer being entirely risk free and saying that it costs absolutely nothing. There is a real risk of losing up to $250 of your own money when you fund a new broker account to use with the software.
The presentational video features three testimonials from traders who are described as being real people. All of them have a story to tell, about how their lives have been turned around after using the system. One of them appears to be giving a Pump Trades review while being filmed in her bathroom! Another one claims to be making $20,000 every month. The name “Adam Creg” can be seen on the screenshot of his trading account, but an online search for this review found no person with that name.
The focus of the video presentation is all about living a luxury lifestyle in the location of your choice and nothing about analysis of the markets. Glitzy images are used and the point is made that you have to take action now if you want to live the high life. This is just to lure people into making a decision to sign up for a scam.
If you need any more proof that this is a scam, you only need to check out the faked articles that appear on the Pump Trades website. These look like screenshots from Forbes, Yahoo, CNBC, Business Insider and Bloomberg Business. We can tell you that none of these articles are to be found anywhere online and Pump Trades software has never been mentioned on any of those sites.
Conclusion – Pump Trades is Scam.
If it was not a scam there would be no need for Pump Trades to use false identities and fake screenshots. In this review we have exposed all the deceptions and lies in the video, which is presented by someone who says he is the CEO of the company selling Pump Trades software, but the company and its CEO only appear on sites promoting this scam.
With that being said, there are some legit and working binary signals to start making money trading! We have a handful of systems to recommend for you, check our Best Binary Signals and their test results to get started! Visit our Binary Scam Signals page to find out the fraudulent softwares.