Created by Sam Maxwell, FinCrowd App is a binary options trading software. These days, auto trading systems are quite popular and there are some that really work. But, there are also those kinds of software that don’t work at all. Instead, they make traders lose their investment within just a very short period of time. While trading in binary options can be quite risky, there are some software that are designed specially to steal traders’ money.
Investing with FinCrowd doesn’t look like a viable option because of the numerous complaints that exist on the internet about them. Recently, we conducted a research on this software and found some disturbing facts that we would like to share with you.
In this review, we have revealed the truth about FinCrowd App so continue reading to learn more about this software and why we don’t recommend it.
Top Rated Binary Robots:
What Is FinCrowd App?
According to the developer of the app, traders are guaranteed to earn at least $1500 by using this app. FinCrowd App is available for free and traders don’t even have to pay anything to use it.
There are also claims that FinCrowd App has professional analysts working on behalf of traders. When traders sign up and deposit funds in their account, they will start getting signals from experts. Since the software is automated, it executes over 14 trades every single day. The experts generate the signals after undertaking a thorough analysis of the markets. They send signals through phones, emails or MT4. We have also come across claims that users can invest in any asset that is available through Meta Trader 4.
The claims and promises are extremely convincing and they can make any newbie believe that this robot has the potential to deliver excellent trading results. But the honest truth about FinCrowd App is that it is not a good auto trading solution. The software is bogus and reports suggest that it has been developed just to scam traders.
Crowd funding is actually a very popular concept that small businesses and start-ups use to raise capital for a project. Some crowd funding sites cater to a specific group and some to a more general audience. In 2012, there were 450 crowd sourcing platforms. But today, there are over 2000.
How Does FinCrowd App Work?
Traders who get engaged with bogus trading systems risk losing their investment. This is just the case with FinCrowd App. It promises huge returns overnight. In fact, there are claims that traders can earn hundreds of thousands of dollars within the first 3 months of getting started. The people behind FinCrowd App has used a number of tactics to convince unsuspecting and rookie traders, but the truth is that using this software equals seeing your investment disappear.
The app works by luring traders into depositing money in their trading accounts. The software puts traders into touch with shady brokers and once traders add a deposit, the software executes losing trades so the money from the trading account gets into the broker’s account. The people behind this scam take a share from the money traders deposit. So basically, while the developer and the broker profit from this app, the actual traders lose their investment without realizing that they have just been scammed.
Is FinCrowd App Legit Or A Scam?
We can confirm that FinCrowd App is a fraudulent software because we have uncovered many lies that the developer of this software has said. He said that the app has an impressive win-rate of 93% which is not true. Next, he said that there is a money back guarantee that comes with this app which is also not true. So far, many traders have lost their money by using FinCrowd app and no one has been able to recover their money.
Another disturbing thing is that this software claims to work 24/7. This is not possible because the financial trading market is closed on the weekends. Even the results displayed on their website is a big lie because some of the dates on which traders made big profits fall on a weekend.
The developer of the system is a paid actor. So basically, this person who we think is Sam Maxwell has just been hired to do the presentation. We are pretty sure he doesn’t know anything about the software and has nothing to do with it. By any chance if the software was genuine, there would be articles and news about it. But we found nothing. The most shocking part is that there is no information on Sam Maxwell or his company. Social media profiles also don’t exist which confirms that he is just a fictitious character. The testimonials on their website are fabricated because the identities of those who provided them cannot be established.
FinCrowd App is a scam that must be avoided. We have exposed many lies about this trading system and we warn traders to stay away from it. Anyone who wants to make use of an automated trading robot to enhance their online income can look for a trusted and proven system. There are approved robots on the market that give good trading results and reasonable profits.
The investigation we executed into the matter whether the FinCrowd App binary options trading software is trustworthy or not did not provide us with reliable enough data. This means that it is most likely a scam. As FinCrowd App can not be regarded as a profitable and safe solution, we advise all our users to turn to a trusted robot.
This is the only way of being certain that your profits will be protected and safe.
Continue to 100% Tested Binary Robot