BinRobot Lady, also referred to as Options Robot Abi, is another auto trading rip off of the OptionRobot! The Options Robot Abi system is just as misleading as any other scam we have exposed. Incorporating the same trading platform, technical indicators and customization options, BinRobot Lady is essentially a “female” clone of the original OptionRobot. Don’t believe the phony reviews endorsing this scam system and just know the demo account is rigged to win and does not reflect potential earnings with their system!
Most of the referral traffic of binrobot-lady.com comes from affiliate links found on YouTube channels. Scam marketers currently endorsing Options Robot Abi have access to free demo accounts which they then use to portray “earnings” generated with this system. Obviously, none of these videos are legitimate and are used solely to mislead traders out of their hard-earned money for a quick commission.
Currently, Options Robot Abi is quite popular in Indonesia, Brazil, Vietnam, Latvia and South Africa. In addition to misleading reviews, BinRobot Lady also has paid for a Google Adwords position so their site ranks higher than reviews that are currently supporting and exposing this auto trading scam.
BinRobot Lady Broker Requirements
In order to gain “free” access to BinRobot Lady, traders are required to sign up and fund a trading account with one of software’s assigned brokers. As many of you can assume, most of these brokers are not regulated which means that you are putting yourself significantly at risk. Among the majority of brokers recommended would be BinaryOnline, Binary Tilt, BDSwiss, PlusOption, Stern and Opteck.
Now, we know what some of you may be wondering. Why are broker sign ups required? Well, as some of you have undoubtedly pieced together already, binrobot-lady.com is essentially an affiliate site. Broker sign ups are required more as a safeguard for those endorsing this site. That way, refunds requested by traders who have lost money to this system become almost impossible to receive.
How Does BinRobot Lady Software Work?
After you have opened and funded an account with your assigned broker the software becomes available to use. Most traders report that a minimum deposit of $250 is required, although some traders have reported that some of the unregulated brokers are maliciously asking for a minimum deposit of at least $1,000 or more. Although most brokers will try to encourage investors to deposit more, we never recommend traders to deposit more than the minimum amount required or more than they can risk losing.
Claiming to generate a success rate of 87% is nothing further from the truth. As we have discussed time and time again, no binary options software that we have reviewed over the past 4 years has been able to generate a consistent success rate of 75% or higher for any reasonable amount of time. However, there is a loophole associated with this claim which becomes relevant when reviewing the trading platform exhibited by BinRobot Lady.
Investable Assets: Aud/Usd, Eur/Usd, Gbp/Usd, Eur/Jpy, Usd/Jpy, Usd/Chf, Usd/Cad & Eur/Gbp.
Trading Styles Available: Classic, Martingale and Fibonacci.
Expiration Periods Available: 60 seconds, 3 minutes, 5 minutes, 10 minutes, 15 minutes and 1 hour.
Technical Indicators Available: Trend, RSI, Williams, MACD, Stoch and CCI.
When confronting the live chat support team to report any losses with this auto trader the most common reply one can expect to receive would be that you used a bad combination of trading settings. There in itself lies the loophole associated with the BinRobot Lady and other similar OptionRobot rip-off scams we have encountered. Claiming to be easy to use for traders, it is evident that Option Robot Abi is not as simplistic to use as advertised.
Another OptionRobot White Label?
It is quite obvious that BinRobot Lady is a white labeled trading software. Incorporating the same technical indicators, assets, trading methods and customization options as the OptionRobot confirms this without a shred of doubt. The free demo account provided is rigged to win and doesn’t offer real-time market values when tested and there are far too many similarities between the Option Robot Abi and other OptionRobot imposters that we have exposed to be overlooked.
BinRobot Lady Review Verdict
BinRobot-Lady.com seems to be a scam referral site for binary option brokers. Let it be known though that this auto trader cannot be trusted and is exceptionally misleading! Unfortunately the creators behind this scam worked hard at covering their tracks making this deceptive auto trader to appear as legitimate as possible.
Review Verdict: BinRobot Lady is a SCAM!
Blacklisted Website: binrobot-lady.com