Terabit Trader app by Richard Heffner is a scam and if you’ve been considering joining, don’t! Wait until after you’ve read our unbiased Terabit Trader review to make your final decision. We have proof that will leave no doubts in your mind that the Terabit Trader website is misleading and it is nothing more than an attempt to steal your money. We listened closely to find out what claims Heffner made so we could look for proof that would back up his assertions. Our goal was to find any proof of legitimacy, but what we found was just the opposite.
What is this Terabit Trader Software?
The Terabit Trader system is a binary options trading program that Heffner claims will make members up to $20,000 per day. When you provide your name and email address you are given access to use the Terabit Trader software for free. As explained in the video, the Terabit Trader app is supposed to be a one of a kind development using optical data transmission. It is claimed to operate at high speeds and only generates winning trades. This is supposed to eliminate your risk of loss. This has never been done before in the history of binary trading. Any expert in the field will tell you that in order to be successful, you must do your homework and stay on top of market volatility, trends and current movements. There is no software that can accurately perform the complex functions required for guaranteed wins. This is what made us suspicious. And the Terabit Trader scam news we heard is true.
Richard Heffner of Terabit Trader App?
He has a long record of promoting scam software, but under a different name. When you have the same guy with a different name claiming to have a new and 100% unique software program that will make you rich repeatedly the alarms go off. So is his name Richard Heffner, or David Heffner? He’s used them both to promote Terabit Trader software. We tried to find out as much about him as we could but he is not associated in any major financial arenas with successful wealth building programs. For all we know, his real name could be something totally different. Does he expect the public to believe that he has turned over a new leaf? The presenter of this program is an actor who gets paid to recite his lines for the video. He’s done it over and over again and we have concrete proof of it.
Deceptions and lies
Heffner misrepresented himself and that is a deception. This is followed by the lie that CNN endorses this program. This was easy to verify. CNN has no record of ever investigating or endorsing Terabit Trader program. This is an outright lie to try to convince people that they are legitimate. The algorithm for the software is supposed to be based on hedging, which is a strict taboo is binary options trading. It is the fastest way to lose your investment known. This is why we know that this program is targeting people who are new to binary options trading versus those who may have a little knowledge of the subject. The deceptions are so blatant that anyone in the field would spot them immediately and know that Terabit Trader app is a poorly developed scam.
Where are the 27 millionaires that Heffner claims to have built?
This is a large group of people to suddenly gain tremendous wealth. It would have given the company the perfect opportunity for testimonial support. Instead there is no support because there were no 27 millionaires. We tried to identify just one or two verifiable Terabit Trader testimonies that could prove that this program works and is successful. We found nothing at all.
If the Terabit Trader software is free then where is the risk?
The software is free, but you need to have real money in order to begin trading with it. This is where your risk comes in. You are directed to set up an account with the broker that is associated with Terabit Trader signals. They give you no information about who this broker is so you won’t have any way to verify their legitimacy as a registered broker. Most honest brokers advertise the fact that they are registered and this means that they fall under strict regulations. Fly by night brokerage companies or scammers who say that they’re brokers keep their identities safely hidden so they won’t get busted for fraudulent activities. We don’t know who the masterminds behind the Terabit Trader scam are either. They hide behind a fictitious character that they have created to lure people into this bogus adventure and steal the money that they invest for trading.
Where does the money go?
A portion of your money goes to pay the owners of the website who are acting as affiliates to direct traffic to these unregistered brokers. The bulk of the investment goes to unscrupulous brokers. From all appearances the software is not designed to make money but rather to lose it through the unwise practice of hedging in binary options trades. This is nothing more than a group effort to bilk the public and split the ill-acquired rewards. Enough reasons for us to come up with this negative Terabit Trader review.
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Is Terabit Trader a Scam? Review Conclusion
Based on the evidence that we found, we have no alternative other than to conclude that Terabit Trader is a scam. A quick review of the facts confirms it. For starters, you have a presenter with a made up name who has done this type of thing before. He’s reading a script. The real developers and website owners remain hidden and anonymous. The name of the brokers that you will be trusting your money to are not disclosed. Again, more secrecy. You are told that you will make up to $20,000 per day using the software that uses hedge betting. Hedge betting isn’t done with any success in binary trading options. Finally, there is no verifiable evidence to support a single claim that is made on this website. They even lied about CNN being a backer to trick you into joining. We conclude that Terabit Trader is a nasty scam that should be blacklisted and avoided.
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