Honest review and the truths we discovered!
Official website is: auto-binarytrade.com
Auto Binary Trade is a completely automatic system, that offers you to trade with binary options. It is easy to use and doesn’t requires any previous experience. All you need to do is to register an account and deposit some sum. In our opinion Auto Binary Trade has all needed prerequisites to be scam, but let’s not rush and investigate it further.
Who stays behind Auto Binary Trade?
Actually that is not clear. On the auto-binarytrade.com web site there don’t have any kind of information about who stays behind this software. Not to mention the lack of company name, address and phone number. It is seeming that we are having issue with anonymous service. This is our first evidence for scam.
How Auto Binary Trade Works?
It is total incomprehensible how Auto Binary Trade works. On what algorithms is based and does it use any formulas or combinations is not clear at all. There is no explanation what trading strategies are integrated in this software. If we don’t know how this system works, we cannot be sure what to expect.
Disturbing things found!
Auto Binary Trade is supposed to generating trading signals and executing trades automatically. But there is something that bothers us. Namely:
Providing trading signals is considering as giving a financial advice, which is a regulated activity and requires license. But we don’t see any. And because, this service is totally anonymous we can’t file a compline if something goes wrong.
Moreover, the creators of this software claims that Auto Binary Trading has 96% average winning rate. It is impossible and is a bogus lie. To achieve this winning percentage you have to predict the outcome for example of 96 from 100 sessions. On the financial markets there is no software or broker or trader that can maintain such high win rate for long period of time. Therefore, this is not a trust worthy trading solutions and this allegation is fraud.
What happens when you register on auto-binary trade.com website?
When you fill up the registration form Auto Binary Trade offers you to try demo account. The meaning of this opportunities is to show you how profitable is this Auto Binary Trade software. Demo trades don’t happen on the real markets but in simulated ones! To execute trades on the real market, require real money! That trick is only to make you eager to deposit real money. But don’t forget, this can be very dangerous and is a trick that crooks are using often. Once you fund your account and start trading with real money on the real markets you will start to lose your investments. So stay away and avoid this scam!
Auto Binary Trade Scam Review – Conclusion!
Nothing inside auto-binarytrade.com is looking good! That Auto Binary Trade is a Scam and does not deserve your time and it is clearly with intention to loot your hard earn money! The crooks behind scams just change the actors, the domains and some names and words here and there, promise fast rewards, almost do nothing except registration, you stay at home and money starts to come to you themselves. If this was true, we all will be millionaires. The real world doesn’t work like that. We simply cannot let you sign up and lose anything with that Auto Binary Trade Scam!
Review Verdict: Auto Binary Trade is a Confirmed Scam! Be watchful and Avoid auto-binarytrade.com!
Binary Options can be turn into very lucrative income. Unfortunately, emerging markets attract too many liars, impostors and fake software! Therefore, make sure to always rely on good reputed help-trading tools and brokers! Binary Options newcomers must always consider registrations with free demo accounts with regulated brokers, until they are more confident to start with real accounts and money! We are trying to reveal all shady Scams, as soon as we can, so you folks can be worn in time!
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