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Binary Options Trading in South Africa
This website is the one of the leading resources in the world of binary options trading. We have a very large database of reviews on binary options brokers, binary robots, signals, guides and much more. The guides are specifically designed to assist South African traders in getting any and every information needed on various topics in the field of binary options trading. With our site, we aim to provide reviews on great brokers and binary trading products that will not only be of service to binary traders in South Africa but which actually have a substantial product that traders will be able to use efficiently.
*Amount will be credited to account in case of successful investment
It is a fairly well known fact that the industry of binary options has been extremely well received by traders who cannot afford to invest ridiculously large funds in financial trading. This is especially true for South African Traders as this type of online investment trading has profiled into one of the most popular types of trading.
Binary Options Broker Lists
In order to make things more user-friendly for binary options traders who look to us to find information on various available brokers in the industry, we have compiled several different broker lists. Lists can be an extremely beneficial feature for South African binary options traders as they get all the necessary information in a clean and organized manner.
Each of the list categories is formulated in an easy to understand way without unnecessary complications. This important when considering the way in which most active traders actually enter the binary options trading industry. They are typically in a situation where it is very hard to know whether some broker is a good fit for them or even transparent in their business practices. When South African traders find themselves in this situation they do need a way to decide how to choose a broker that is not involved in scam practices.
The multiple categories available on our website are logically organized and easily searchable. Our primary goal is to bring traders in South Africa closer to relevant and professional binary brokers and other products and services so they do not need to spend time on manual research which is very time-consuming and tiring. Find out what each broker has to offer with just a click of the mouse.
Binary Options Trading In A Nutshell
The most basic way in which binary options trading works is by having two mutually exclusive choices, out of which traders choose only one, and can either get it right or get it wrong. What exactly does this mean? Underlying assets, like indices, currencies, commodities, and stock have their price which fluctuates on the market. When trading binary options, South African traders are actually predicting whether this price will go up or down in a predetermined time frame. If you are successful in your prediction you will profit from the trade, if you get it wrong, you lose the individual investment. The important thing about this type of trading is that potential losses and wins are known in advance, actually, they are known to the trader even before he places the trade.
It is now clear that the main goal for South African traders is to be able to be correct in their assessment on which outcome will a certain trade have. This certainly not easy as it involves a lot of compounding factors which all influence the way in which your decision will go. Market analysis, various strategies, and techniques, education, and experience, all play a very important and significant role in being successful in predicting the asset price movement in a global market.
Binary Options Trading Industry in South Africa
When reviewing the history of binary options trading it is clear that it all began in 2008 but did not just include one country but rather quickly spread across the world. As binary options trading industry started to grow, so did the various online trading platforms which had the capacity to offer many features and tools which would not have been available without them. South African traders were also one of those who got on the binary options bandwagon which is why today, in South Africa, binary options trading is one of the most popular trading types when we’re talking about online investment trading.
In this context, there are a few different types of underlying assets that you can trade with. Those types are as follows: commodities, stocks, indices, and currencies. Of course, these are not the only things you should know. There are multiple trading options available to South African traders with different varieties of expiry times. Obviously, each broker on the list of available brokers for South African traders has their own selection of assets and features that binary options traders can choose from.
When talking about various options in trading, South African traders have an extensive list to choose from: High/Low, 60 Seconds, Ladder, Pairs, One Touch and others. Expiry times vary from short to long term, meaning there are expiry time ranging from 60 seconds to several months, depending on traders preferences.
Talking about risks in binary options trading should be an essential part of any binary trading guide. It is important for South African traders to know that there are certain risks involved in trading binary options and financial trading in general. Considering that the execution of the trades depends on the fluctuating market trends which are not easy to predict. However, binary options trading has one thing that sets it apart from other forms of financial investment and that is that the risks and potential profit is known in advance. Not only does this allow traders to know exactly how much they can potentially profit or lose, but it gives them peace of mind because they are prepared and nothing will surprise them.
South African traders can trade binary options 100% online with just a couple of requirements. Internet connectivity is a must along with a device that can support a browser with which you can log into your trading platform.
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Binary Options Trading Features
Binary options trading is generally well equipped with everything you need to have a great potential in creating a profit boost. However, there are a few necessities that need to be in place in order for that to happen. Trading features and tools are those basic requirements and can prove to be a tipping point for many traders.
Obviously, different brokers will include different features on their trading platform, but there are some that are fairly common and you will probably find all of them on most trading platforms. Demo account, mobile app, tools that enable a market analysis, trading limits and many more are designed specifically to speed up and simplify the trading process for South African traders regardless of their experience levels. These features are also targeted at allowing for additional time to spend on education and gaining experience as many traders are not investing enough time into those segments of their financial investment journey.
With all of the available trading features, we believe there is one that deserves special mention as it allows traders to gain a much valued experience in a risk free trading environment. Clearly, we are talking about the Demo account which can help South African traders get a lot of experience and most importantly, get them accustomed to the trading platform. This is a great thing as you really don’t want to experiment with your money when you decide to make a deposit and trade for real. Obviously, demo account is completely free and doesn’t require any deposits as it contains virtual money that is at your disposal.
Choosing Binary Options Broker in South Africa
Although, this isn’t something that seems overly complicated, choosing a binary options broker in South Africa can prove to be a daunting task. This is clearly one of the most crucial steps in binary options trading seeing that the wrong choice of broker can have heavy consequences. In most cases, checking if a broker has a demo account is enough to figure out at least if they deserve your attention and consideration.
Naturally, there is so much more to actually making a good decision about which broker to choose for your binary trading journey in South Africa. Another way to get a feeling about how a particular broker might behave once you set up an account with them, is to read the detailed reviews. By going over those, you will be able to find out if there have been any important complaints against a brokerage that you are considering. You want to look for transparent and straightforward brokers who do not complicate things are and focused on their availability to their South African traders.
Many brokers will have different minimum deposit amounts, but the industry standard is still $250 which is also the case for brokers that are available to South African binary options traders. Obviously, we want to encourage you to find out the specifics of each broker as you do your research as it is quite possible that the one you have chosen has an entirely different deposit amount or that they have recently changed their policy on this.
When on the subject of policy changes, make sure to also have a good comb through broker terms and conditions as there you will find all the fine print that isn’t available anywhere else. Pay special attention to details regarding bonuses, deposits and withdrawals, customer support and any other condition that might be of particular interest to you.
The Essential Features of Brokers in South Africa
As we mentioned already, there are several different things to look out for when thinking about making a decision on a binary options broker in South Africa. As we already wrote further up, it is important to know that this is not something to be taken lightly and at the same time is definitely not an easy decision. This is especially true if South African traders do not have enough experience to figure out what exactly constitutes a good broker as there are many different factors that need to be taken into concern. IQoption is one of those brokers, along HighLow and Binary.com, who have made a significant positive impact on their binary options clients and have actually set the established patterns of trading.
In order to make this process a little easier on you, we have decided to list a few basic things traders need to pay attention to and decide if a certain broker is a good fit for them personally. It is also crucial that South African traders remain realistic in their expectations as no respected broker will ever guarantee profit or tell you that you will definitely get rich. This is more indicative of a scam broker and you should definitely stay far away from those.
Broker Licensing and Regulation
As it is usually the case, South African traders can opt to choose a licensed broker or one which is not regulated. This decision is very much dependant on your personal preferences as there is no right or wrong answer in this case. For brokers accepting traders from South Africa, this is not a mandatory element and it is completely legal for brokers to conduct their business without having a regulation license from an financial authority. If they do choose to get regulated it is their individual decision and not a legal requirement.
With this in mind, we do need to highlight that even though a particular broker does not have a regulated status, this does not mean that they will not be a great personal choice for you. Regulation simply dictates a higher legal framework in which the broker is required to work under but does not mean that if a broker does not have it, it is automatically a scam broker. There are many different factors that can indicate if a South African broker is a scam broker, which we will mention later in the guide, but regulation status is not one of them.
Taking all this into concern, we do think that the best course of action for South African traders is to simply go through all the broker reviews they find interesting to be able to weigh the information accordingly. As you will be able to see on your own, we have many detailed broker reviews which are written with the goal of providing a great and useful source of information for all traders in search of help with their decisions.
Carefully Read Terms & Conditions
Knowing all the necessary, fine-printed information is essential in protecting yourself in the online trading industry. This means that you should carefully read the terms and conditions on the main website of the binary options broker you are considering. This will allow you to feel comfortable knowing that the broker you have chosen has transparent business practices and is not a scam broker.
As we said, being ‘in-the-know’ concerning the conditions your chosen broker has imposed, it is fairly easy to spot a scam broker in that case. However, if you do not take your time to really go over terms and conditions written on the website, you could easily end up registering with a binary options broker that practices fraudulent behavior as a norm.
Terms and conditions are one of those things that exist everywhere where legal consequences are possible, which in and of itself makes it very important. Nonetheless, this is the website section that is most frequently overlooked as traders do not pay attention to what is written and simply press ‘accept’ when asked. This could lead to major issues down the road, so do yourself a favor and never skip this essential part.
In case you have taken our advice and decided to actually read it top to bottom, there is a possibility that, due to a more formal way it is written, there might be certain section that you will not be able to easily understand or they may not even make sense to you. In this case, make sure you contact binary brokers customer support that should be available 24/7 at least via email and ask any and all questions that may be of issue to you. Customer support service should be able to swiftly and eagerly reply to your questions and it should be constructed in a clear and understandable fashion. Some of the binary brokers available to South African traders who do follow these ‘rules’ are IQoption, Binary.com and High Low.
Customer Support and Education Resources
South African traders have another factor to think about when deciding on which binary options broker to choose from the vast number of those on the market nowadays. Customer support is one of those factors and is just as important as anything else mentioned in this guide, and here is why.
Customer support is much more than just a team of people who answer questions. If a broker is respectable and transparent they will have a very well educated customer support team who will be able to provide South African traders, not just with simple explanations, but also with support when you have more complex issues or any doubts regarding your registration or technical issues. They will be able to provide you with a piece of mind that your concerns are being taken seriously and that they will be dealt with at the highest possible level.
A good broker will also be featuring an extensive FAQ section which is meant to answer the most frequent questions that traders have asked so that you can get the information you need in just a few clicks. While FAQ sections are a great starter base for you initial questions, customer support is a better choice when dealing with more complex issues.
As far as when a good customer support section is available and in which manner, it is important to note that South African brokers that have a reputable customer support will be available 24/7. This service is usually via email, web form, fax or various phone numbers. The most preferred choice for traders is certainly Live Chat as it gives binary options traders the opportunity to access customer support almost instantly and can very quickly get the answers they need.
Education resources for traders are usually placed in the website section called the Education Center. This section typically offers many different resources to help traders upgrade their knowledge on binary options trading. It is something every good binary broker will invest in and have available for their clients. Usually, resources include various topics ranging from market analysis to video tutorials. With BDSwiss binary broker for example, you get this and much more.
How To Recognize Scam Brokers
Being able to spot a scam broker is of the utmost importance when participating in an online financial trading industry. Safety and the protection of your funds should be a number one priority to you as an South African trader and also for your binary options broker.
Obviously, considering how many brokers are out there in the industry it can prove to be pretty tricky to figure out who the scam brokers are as they seem to have been getting better in covering their tracks. Of course, there are ways to figure out that the broker might be involved in scamming traders.
Trading Platform Specifics
A great way about online broker reviews is that they are typically fairly detailed and can reveal a lot of things about a broker that a less experienced trader might not even recognize. One of those pretty important details is also the security and transparency of a trading platform used by the broker.
A large portion of South African brokers have high-security measures applied when it comes to the trading platform they are offering their clients. These measures are designed in such a way that your money and trade details are well protected from any threats that might lurk on the internet. The technology that is used to protect the sensitive information on the platform is usually an SSL encryption which is considered to be one of the highest ones.
Binary options traders in South Africa who choose a broker that offer this level of protection can be relaxed knowing that all of their sensitive data and funds are safe against any threat. Beware of any broker who does not invest in adequate trading platform protection as they will certainly not be very helpful if something is to happen to your money.
Know Your Customer policy
This is a policy that allows binary brokers to get to know their client so that they can take necessary precautions to protect their hard earned funds. This is a reflection of a very responsible and straightforward binary options broker in South Africa.
What exactly does this policy mean? It literally means that traders will need to prove their identity in several ways in order to get to withdraw their profit. This is not the most favourite thing for traders to do, but we assure you, it is very much necessary if you wish to be certain that no one else is not going to be able impersonate as you.
With this process there really is not any way that it possible for someone else to withdraw your hard earned money. This procedure is a sign of a very good broker who acts responsibly to the funds they are entrusted to keep. Although the process is fairly similar among all the brokers, it is possible that it will differ from one to another. In any case, there are certain documents that are typically asked to be provided:
- Bank statement or other proof of residence
- Driver’s license
- ID card and/or passport
- A fairly new utility bill
Hard to Understand Terms & Conditions
We have mentioned before how reading terms and conditions is a very important part of being a responsible binary options trader and we will highlight that once again. However, we do understand that there are sometimes situations where the broker has supplied their traders with terms and conditions that are very hard to understand.
By this we don’t mean that they are simply written a bit more complicated, as this is still a legally binding document and can get fairly technical. By this we actually mean that if you notice that terms and conditions are intentionally made extremely complicated and/or if they simply do not make any sense at all. In this situation you might want to consider if your broker is actually a scam broker.
South African scam broker sometime even go that far that they actively try to ‘hide’ their terms and conditions on their website so that they are hard to actually to find, and since they know most traders do not even bother with reading them, this is a perfect scam disguise.
If you are not sure whether the content you are reading is complicated by nature or is this cone on purpose to throw South African traders off track, you should always contact customer support and directly ask anything you are not comfortable with. If you are not happy with the response they give you, think about finding a new binary options broker. One of the perfect examples of a great customer support is that of IQoption binary options broker.
Promises of Profit
One of the ways broker are encouraging traders to use their platform is by developing interesting bonuses and promotions on their websites. Clearly, it is important to understand what you have to do on your part in order to withdraw you possible profits. However, there are those brokers who are simply so obvious in being scam that it is not even worth your time.
This is especially true for brokers who have no issues with promising very high-profit amounts and ridiculous winning rates. Most South African traders know this, but it doesn’t hurt to stipulate it once again – binary options trading by definition involves risks. These risks are inherent and there is never a possibility to completely bypass it. So when a binary broker is openly promising and guaranteeing profit, you can be absolutely certain that they are scam brokers.
Always stay far away from brokers who promise you profit and you should never consider registering with them. There are plenty of reputable brokers in South Africa, there is no need to waste your time and money on these.
Funds Cannot Be Withdrawn
This particular issue is probably the most indicative of a scam broker in addition to guaranteeing profit. Clearly, sometimes it can happen that funds cannot be withdrawn due to some type of technical difficulty or you haven’t provided sufficient documents to prove your identity. In these cases, the delay is only temporary and it usually is corrected very soon. Also, the broker with which this is happening will be contacting you to explain what the problem is in detail and how to remedy it, or how long you have to wait for them to fix a technical glitch they might be experiencing.
On the other hand, there are those situations where brokers are simply refusing to start your withdrawal process or if it is already begun, you never actually receive your money. If this is something you run into, it is a fairly good sign that you have run into a scam binary option broker.
Scam brokers are plentiful and coming up with more and more elaborate ways to trick their clients. One of those is simply by not giving the clients their hard earned money. We encourage you to carefully read the broker reviews we have on our website to see if a particular broker has ever had any complaints made against them for this or similar issue. If this is the case, we urge you to change the broker you are currently dealing with and find a reputable, transparent broker who puts the needs of their clients before their own.
Binary Options Robots
Binary options trading certainly takes up a lot of time and knowledge and not everyone is able to free up a few hours a day from their schedule to dedicate to binary options trading. With that in minds, more and more South African traders are opting to use a binary options robot to do their trading for them.
South African traders have plenty of choices when they decide to use a binary robot as their trading platform. These robots are a great way to optimize your profit potential regardless of your broker of choice as they typically have a lot of trading options and tools that traders can use to make the trading process much easier for themselves.
Binary options trading robots which are available for the South African binary market are genuinely exquisite pieces of software that are designed to take the hard work away from you and let you focus on other things in life. They usually also feature a very important option that is celebrated for being very useful to traders of all backgrounds and expertise levels. This options is the auto-trading options which lets you manually decide to place your found trades.
What does this mean exactly? Well, the robot that you have chosen or will be choosing to automate your trading process is able to scan the financial market and pull information from it in order to find you the trades with the most profit potential. Once the software has recognized this trade, he will either place it automatically, according to set criteria which is completely customizable by the trader, or the trade will be delivered to you to place it manually or decline it. This way your trading process is completely in your hand, you do not need to hand over control.
Binary Options Signals
Binary options signals help traders to find the trades with the most perspective on the fluid, competitive financial market. Signals are actually based on algorithms that are able to scan the market data and pull it back to bring the trader the most relevant info about the trades they will be able to trade.
Traders in South Africa are choosing to use binary options signals more and more often simply because the time saved it worth it. The amount of data crunching necessary for the trader to get a decent prediction on a possible trade can be overwhelming and not a lot of people have the luxury to devote so much time to binary options trading or any other type of trading available. The manual process also requires expensive knowledge and education and it is simply not plausible that all traders are going to be able to do it correctly.
Binary options signals have another thing going for them and that is the time factor. Not just the data analyzing time but also the consideration about the expiry times. Binary options are being traded in a relatively short time frames and if you are not fast enough, the trade can already be done in the time you get all the necessary info you need to decide which way to place the trade. With binary options signals, you get all the trade details in the form of a pop-up along with the benefit of having that information in time to set up your trade preferences.
Is Binary Options Trading Legal In South Africa?
Binary options trading in South Africa is completely legal. Any South African trader, whether prospective or current can rest assured that there are no legal sanctions for binary options trading in this part of the world.
As we already mentioned, but it doesn’t hurt to mention it once again – Regulation in South Africa is not legally required, therefore it is an individual choice of each and every broker to either get a license or to be without one. Some brokers do not feel like their traders would benefit from them becoming regulated nor is it a guarantee of any quality.
Regardless of how well you think you are educated in binary options trading, make sure that you do not feel rushed to place trades or to deposit with any broker. Any broker that is pressuring their clients to deposit money to their account or to place trades, especially if they are simultaneously promising unrealistic goals and are generally being very aggressive in their approach and marketing should be avoided. This does not pertain to legality or regulation as even the most regulated brokers can be scam brokers. What traders need to know is that when they are looking for a reputable broker in South Africa they need to follow their instinct as there are many good brokers out there, one must simply identify them.
Binaryoption.co.za is a website dedicated to binary options trading and everything pertaining to it. We aim to provide South African traders with very detailed guides and reviews on brokers, binary options signals and robots and much more.
When it comes to any type of financial trading, South African traders are urged to learn how to set aside their own emotions if they wish to have a chance at boosting their profit potential with binary options trading. Being emotional in this type of business is not an advantage and can actually cost you dearly. Make sure to remain calm and collected and carefully consider you traders and investment plans in general.
Traders need to keep in mind that no one should be allowed to trade in their place. Choose reputable brokers and keep in mind that you need to invest your time in educating yourself about all things binary if you wish to potentially reduce your risks.
Trade in US&CA
Today, there are more than enough derivatives that are used by traders for trading. But a special place is given to binary options. They allow you to get a high percentage of returns from transactions with any basic asset, unlike other trading instruments.
Choosing auto-trading you automatically multiply the chances of minimizing trade risks!
As we all know binary options also have their own classification. In particular, they can be divided into American and European. Only the difference is that the last one group allows trader to execute the deal at any time till the expiration date. In fact, this is a significant advantage of such American trading instruments, because each trader has the opportunity of early exit from the transaction retaining his profit. But in contrast to European binary options, the yield from first one is much lower. But do not hurry to draw a conclusion, because for today every trader has an opportunity to close the positions ahead of schedule with European options contracts, but, unfortunately, with less profitability. And, by the way, this is an essential advantage! Now every trader can choose European binary options and close the deal and safe his profit or continue holding the contract until it expires, but only if he is completely confident in the correctness of his analysis and forecast.
Everyone knows about the monopolistic features of the binary market in the US, as well as the difficulties and restrictions on trading with foreign brokers. Therefore, we want to advise as an alternative for safe and efficient automated trading with OptionRobot. This trading robot is available in US and Canada, which allows each trader get profit from transactions with brokers such as Stock Pair, Binary Tilt, 24option, Empire Option, Opteck, Dinero Libre, FM Trader, BDSwiss, without wasting their time and regardless of whereabouts.
Actually, all you need is to go through a quick registration and set up the system according your needs. You will be able to use three methods of conducting the transactions: (1) The classic system which is the safest and risk-free for trading. (2) The Martingale system which assumes an equally high level of both risk and profit. (3) The Fibonacci system will accurately show all levels of corrections, kickbacks and directions of the price movement.
So, if you are looking for an optimal and at the same time reliable option for working with trusted binary broker, then OptionRobot will become your ideal choice, especially for traders from USA and Canada. In addition, traders from these countries will be able to access the system, all offered assets and world-class binary brokers at any time of the day with the high level of safety and secure!
The best auto-trading systems (trading robots) that have been tested by many traders over the years
Many of the unscrupulous binary option robots are trying in every way to copy trust robots that have already earned a reputation among many traders.
To protect you from all kinds of clones that want to take your money, below, by clicking on the picture you will be able to register on these resources.
Fighting online scams since 2020
Stay AWAY from Binary Option Auto Trading
In this review we look at a trading robot called “Binary Option Auto Trading”.
Binary Option Auto Trading is a system that promises 100 % automatic investing.
A software will trade for you allegedly based on signals from professional traders and advanced computer algorithms. And it is free.
Don’t trade with Binary Option Auto Trading
The first question that you should ask yourself is: Why would anybody be giving away for free a profitable binary options robot?
The second question that you should ask yourself is: How is it possible that a free binary options robot has an affiliate program and will pay people for referring new members, where does the money come from?
Answers to these question are very simple. People behind Binary Option Auto Trading are affiliated with unregulated brokers (Binary Tilt, RBinary, Finpari) and will get paid by these brokers for referring new depositors.
So how do they make you deposit with their broker so that they earn their affiliate commission? They have to make you believe that you will make money. So they created a piece of software that can trade automatically, but not profitably. And they force you to deposit first, only then you can start using the app.
It is important, because by the time you realize that Binary Option Auto Trading is a losing software, they will already have earned their commission on you. That’s how it works.
You don’t believe it? Have a look at their Terms and Conditions on the picture. In essence they say that you should not trade based on their system. Their signals come from a third (undisclosed) party.
So you should expect losses. So don’t risk it.
Binary Option Auto Trading is just one of many programs designed to make money to their creators through affiliate programs. The problem is that at the same time they lose money to users of their trading systems, so stay away from them!
Any serious trading program has to let you verify its performance on a demo account. You should never trade any system or strategy with real money if you could not verify how it works on a demo.
152 thoughts on “ Stay AWAY from Binary Option Auto Trading ”
Hi John! What can you say about Forex Fury? Do you have a review of that software?
Hi Romeo, I just don’t believe that a software that costs $200 can achieve the profits they advertise. It makes no sense. Besides, Forex Fury has a history of fake reviews on Forex Peace Army, so to me it is not credible.
Unfortunately I found your website to late. Based on BinaryOptionsExpert.net review of Binary Option Auto Trading and their #1 recommendation of it, and the fact that it was also supported by their recommended broker 24option, I decided to open an account with them. After opening the account, to my surprise I found that the only broker available to me to fund this account was Coinbull, with a supplementary broker called Crypto Coin fn. So, the minimum amount to fund this account using Coinbull was $275.00, and their minimum amount to trade is $25.00. I funded my account with $500.00 because of the matching bonus. About five minutes after funding my account, I received a telephone call from a person who stated that his name was Jason and that he was with Coinbull. This person called me at 4:06 AM and I live in New York! Well Jason welcomed me to Coinbull and tried to upsell me on making a deposit of $1,000.00 or $2,000.00 by telling what bonuses I would get at those amounts. I declined both amounts and told Jason that I was comfortable at the $500.00 deposit that I had just made. Jason then stated that with my $500.00 deposit, I would be looking at making about $800.00 to $1,000.00 a month. Jason then had the nerve to ask me what I did for a living. I felt that this was a bit intrusive. Jason also asked if I traded or bought cryptocurrency. At this point I ended our conversation and Jason said that he or another Coinbull manager would be in touch with me. Also, Jason called me from a phone number in Ontario, Canada. This all seemed highly suspicious! The next day I received a phone call from a person named Eugene who stated that he was with Coinbull and that he was my account manager. He then asked me how did I find out about Coinbull. When I told him that it was the only broker listed in Binary Options Auto Trading when I funded my account, he said what are you talking about, binary options is a scam! I then told him that Coinbull was linked to Binary Options Auto Trading and it was my only way to fund the account. I then sent him a screen shot, and he said that he’ll take care of it. Well, at this point I am seeking a total refund.
Meiner Meinung nach kann man mit diesem Broker sehr gutes Geld verdienen. Es war sehr praktisch, auf einer solchen Plattform zu arbeiten, und sie brachten alles ohne Probleme mit.
I am totally new to trading, I joined Universe Market trader about two months ago, they informed me that if I deposit a few thousand pounds, they would do all the trading on my behalf, which I did.They phoned me about once a week informing me that all was well and they were making profit for me.Last week they phoned to inform me that they had made about £27000.I have asked a few times for information as how to log into the website to view my account, no joy, instead the broker phoned me to add a few thousand pounds more to purchase some insurance so as he could trade higher and make a lot more and quicker profit.
I refused, but he said he would see if there was any other way of trading higher without taking bigger risks with my account. Whenever I asked about withdrawal, he always changed the subject.Have you heard of this broker or are they a scam? Your comments would be appreciated….. Thanks
Didn’t Australians deserve a good broker review? We are 25000000 strong. And your standard answer optionrobot.com is a scam, show some proof. Your word means nothing without evidence. New you wouldn’t address any of the issues I brought up. Your word is like gods work and you probably believe in him.
I don’t know about any good binary options broker regulated in Australia, that’s the problem. I have some experience with HighLow, VantageFX and CoreLiquidityMarkets and I cannot recommend any of them, because my personal experience is not good. As simple as that.
Concerning Optionrobot.com, read the linked review, you will find evidence in it, we made a video where you can clearly see that the demo of the robot is manipulated. And if your answer is that the demo can use fake prices because it is a demo, than please spare my time.
Would you be surprised to know that optionrobot.com is licensed through CySec. I only found out today. Why would CySec issue a license to a trading robot!? I know your answer before you say. It’s a scam, that seems to be your standard answer to all questions. I’m not, what you call, a spammer or trying to advertise anything, I’m a 67year old Australian. I’ve been looking at your site for a licensed, trusted and regulated brokers. Every time I selected a site there was no information just IQOptions. You’re aware that Aussies are not welcome. I’ve been doing research on brokers and their appears to be thousands,no, tens of thousands. Your response would be scam and scam to infinity. You don’t recommend one broker that we can use. The only broker you mention, time and time again is IQOptions. Do they pay you commission for your recommendations, it seems strange to me that in the entire world there’s not a single broker that you recommend. Also your word is final, you shoot down anyone who makes a suggestion.I have been in the financial industry for 30+years and I have never come across such a closed minded egotistical person as yourself. What is your claim to fame, can’t see that on your site. Do the world a favour and keep your paid for opinions to yourself.
You started your comment with a big lie, Optionrobot.com is not licensed by the CySEC, because Optionrobot.com is a scam. Therefore I don’t see the need to react to the rest of your comment, just a quick note about IQ Option – show me another reputable and regulated binary options broker with an unlimited free demo and we might list it as well.
And a message to all other people: You don’t have to trust our reviews, if you have any doubts, contact your national financial regulator and check with them whether any investment program is legit or not. I am absolutely certain that you will always get the confirmation of what we say in our reviews.
i am used binary option auto trading robot and losed my 250$….this site is only earning by affiliate programm….and losed all fund of clients………..
Hi John Novak I am an australian who has have been scammed by BINARY OPTION AUTO TRADER who assigned me Utrader broker, when they would not start Auto trading for me I smelt a rat, and tried to withdraw my funds, well what a joke all the bull I got about I not answering my phone issued with fake no,s one was the Dominican Convent the other not connected every time I complained was told it was my fault I think you are right in saying their is no such thin as an auto trading robot I just hope if I can learn to trade manually and build up my account from usd500 I will be able to withdraw I think Urtader is a big well respected trader in Europe
Hi, UTrader is not regulated, in fact, the Financial Conduct Authority from Britain placed this broker on a black list recently: https://thebestbinaryoptionsbrokers.net/fca-published-a-black-list-with-94-binary-options-firms
thanks John you were right on the button when you pointed out some reviewers have been bought out I will do my money by the looks of it happy new year to you
I invested £500 and after an initial “win” I keep losing my money ..now I am down to my basic investment and fearing of losing all that I want out… but they will not return my orginal investment even under the threat of legal pursuants … I bitterly regret at ever getting involved with these companies and WARN others not to do so… you money is not safe
John your not as knowledgeable as you think. Every decent website related to trading binary options has that disclaimer at the bottom, except yours of course! There are plenty of binary options brokers in Australia licensed to ASIC it’s just your knowledge that lacks. Goldrock get off this website and find another!
I am not saying that there are not licensed brokers in Australia, I am saying that in Australia there are no licensed brokers that I could recommend. I have some personal experience with HighLow and Core Liquidity Markets. Both are licensed, but I won’t recommend them because my personal experience with them is not positive. That’s what I’m saying. And concerning disclaimers, our site is full of disclaimers in the shape of articles that warn about binary options scams (more than 700 articles). In every article we repeat that there is no free money in trading, that free systems will lose your money and that to make money in trading you have to learn and build yourself a profitable strategy in testing. And unlike the vast majority of other binary options websites we don’t promote any trading system. I think that we are doing a lot for the raising of the public awarness about how binary options really work.
Firstly, thank you so much for your website, I am sure that it has saved many a soul from losing hard earned cash through fake Binary Option Robots…we need guys like you!
I would however like to make one comment with regard to IQOption. After reading your post about a free demo trading platform with IQOption, I went to thier website to try out thier Demo, however when I tried to Register to open a free account, I received this message on my screen:
“In accordance with the Terms & Conditions, the company is not entitled to provide services to residents of the United States, Russia, Canada, Australia, Belgium, Israel”
I live in Australia, so was excluded from using the free demo platform. I felt it prudent to mention this to others who may reside in the countries mentioned in the above text.
Hi, yes, I know, but unfortunately I don’t know about any binary options broker licensed in Australia that I could recommend.
Okay, thanks but can you give me a book to read on that or any strategy, please John have been ripped and I don’t have anything again,….Please John I look forward to hear from you. Thanks
Hello what legit way can one earn a moderate income monthly, because I was ripped by f** bitcoin scammers, you think there’s scam in binary option, try the cryptocurrency then you’d know this world is truly a wicked world. JOHN any advice? ??
Hi, money can be made in trading, but profitable strategies are not shared in the public domain, because traders are competitors on the markets. So don’t expect to find a free profitable system. You can try to build your own strategy, but it takes time and learning.
Thanks John I now know which one to trade with because here in South Africa scams are like wind blowing all directions……
ITS A GREAT PLEASURE TO HAVE U ON THIS,IF I MAY ASK,ARE MARKET.COM, ETORO, IG TRADING, FX PRO, TRADING 212, ZULU TRADE, SPORTWARE C-TRADER, U-BANKER,ARE THEY REGULATED OR NOT?
Hi, Markets.com, Etoro, IG, FX Pro, Trading 212 are regulated. Zulu Trade apparently is regulated too, but they don’t give enough information, so it doesn’t inspire me confidence. Sportware C-trader is a platform, not a broker. U-banker is not regulated.
hi john, what can u say about OLYMP TRADE?
Hi, Olymp Trade is not regulated, stay away.
hi john, what can u say about XTRADE?
Xtrade is regulated broker, but I don’t recommend it, because recently they had some problems and had their license suspended. Meanwhile XTrade Binary is a scam.
I received an email promoting this bot. It sounds fantastic, a way to make easy money. It does not happen. Investing takes time and education. I have been trading for about 12 months now. I use 1Broker and Etoro. And i do make money. I use copytrading. You will not make money in 1 week. You need to let your investment grow for a min of 12 months. Yes there are people that make alot of money off trading but they study the markets.
Personally i started with $ 500 with 1 Broker and $1000 with Etoro. After 3 months i was making about $ 400 a week
Use common sense folks. Stay away from the get rich quick programs.
I am currently looking out for a legal binary trade app, can you let me know of any and also it would be great if you can review this website as well as per your comments above and a few who do not agree. I am a but skeptical about this below link now.
Hi, I believe that all binary options auto trading systems are scams. If any website is saying that Binary Option Auto Trading software is legit, it is a scam too.
I hope that in a torrential storm of dic*s all these scammers choke on one.
What about EXPERT OPTION? is it reliable? Thanks.
Hi, we don’t have any feedback about Expert Option, but as it is not regulated in any country with a strong binary options regulation, I would stay away.
Thank you for your review with binary options trading. I’m about to sign in but after reading all the comments here, I backed off.
What’s your opinion with xtrade.com?
Hi, Xtrade is a regulated Forex broker, that’s all I can say. But beware of Xtrade Binary, because it is a different thing, nothing to do with the regulated broker.
I will be patiently waiting for a reply, because, I actually opened 2 different platforms just to be sure if the expired trades are axactly the same time as on other plartfoms.
Another strategy that I’m using and it is giving me over 89% win rate daily is as follows: I open binary robot 365 demo and set it on 5min expiry, then on the other hand I Open my IQ in real account then coppy what br365 did, honestly I always in the money.
If you guys don’t believe me on this I can screen shot my real account and unfortunately demo doesn’t keep history but if u are a trader you will notice on my real account that no human can be so accurate using turbo.
Thank you, I’m not a scam, I’m just a boy from south Africa… Thank you
It must be down to some luck, because Binary Robot 365 is using a fake demo. It is based on the White Label Robot scam software, just like dozens of other scams robot. See our review. The robot fakes results only to manipulate losers to winners.
Well said on your side…
But once again, do you know about binary robot 365?
In the demo is doing absolutely winderful., also it goes with all the prices expiry times.
Please explain and help in this case as you have mentioned that demo is also important
Thank you so much for this article! i’m new to trading and almost downloaded the binary option auto trading. I would’ve lost a lot of money if it wasn’t for all the comments. Really appreciate what you’re doing here!
You are just lying, i tried it and it works. So? What do you say now? You are stupid, ok? In 1 hour i made more than €500. Surprised?
No, not suprised, scammers often come to our website to promote their programs with fake reviews.
I am also starting to notice, after a few weeks of reading their reviews, that brokerscamalert by Anna Georgieva is also a scam. If not a scam, she does not mind intentionally misleading users for profits. Very disappointing. She seemed to be the only true reviewer out there.
But your reviews also seem genuine at first glance.
So how am I to know that you re not also a scam site posing as a true reviewer?
It’s simple, all binary options robots, systems and signals services we have reviewed so far were scams. We do not recommend a single one, unlike other review websites that expose some scams but endorse others.
Any advise on binaryrobot365?
Jake Mason’s saffa method working with Plus Options as their broker is also a scam. Last week I funded my account after trying for some time in a demo mode. I would get response within seconds on the questions I asked on live chat while I was on demo mode. The moment I deposited the money, I never got any responses anymore. Some guys pretending to be account manager n senior account manager claimed they have been trying to call be yet that was a lie. I have placed withdrawal requisition and I only imagine the BS of a response I’m gonna get. Stay away from Plus Options and Saffa method. They are scams
I live in Belize Central America and I am a beginner in the binary options industry. I have be researching the industry for about a year now and my findings are similar to yours about this type of online trading.
Can you tell me anything about Ayrex.
I have read that IQoption is not regulated this side of the world Central America
24options my other option , which is regulated by IFSC here in Belize.
Are they any trusted brokers you personally would recommend regulated or not.
Furthermore, I am undecided if I should combine a signal service provider (by Agent Matt of Binary Options Agency) with my manual trading.
Hi, I certainly recommend trading with regulated brokers only. Ayrex is not regulated. 24option is regulated, but they have a bad reputation, the French national regulator banned them in France. No offence, but I believe that financial regulation is stronger in the EU than in Belize. So I think that you are safer with an EU regulated broker like IQ Option.
Concerning signals, so far I haven’t seen any profitable service. If they let you try the signals on a demo, you can do it and see how it works. If not, stay away, certainly don’t start trading signals immediately on a live account.
Anything you know on SPEAR TRADER”. Some said legit and some said scams. Thanks.
Hi, Spear Trader is not regulated, I would stay away.
Am now planning for my retiring,,I tried to log – in to ” binaryoptionautotrading ”..and they forwarded me
to a broker the ” Binary CM “..Is this not a scam ?
Your advice for me will be much appreciated..
Thanks and good day…….
I’m looking for a good BINARY OPTIONS SIGNAL PROVIDER and please tell me if you know some.
Currently I’m trading with IQ Options. Thanks
Hi, I’m sorry but I don’t know about any profitable signals service.
Hi John. Binary Scam Advisor recommends Binary Option Auto Trading as the “only” robot that is NOT a scam? Are they linked in any way? Reading all the comments and your own review, I am now uncertain as whether to even consider them.
Hi, in that case Binary Scam Advisor is a scam website. It seems that they promote Binary Option Auto Trading with an affiliate link. It’s either this or money is free in this world and everybody will quit their jobs thanks to Binary Option Auto Trading. I suggest you ask your national financial regulator about Binary Option Auto Trading, I’m sure they will confirm what I say.
The people working at Banc de Binary are the biggest scamster in binary options. I have learnt the hard way and lost all my savings. The best option is to learn and educate yourself. There is no easy way to make money.
Hi John, thank you very much for your reply.
Hi John, I totally agree with you and appreciate with your work. Is ExpertOption a regulated broker ? Please advise, thanks..
Hi, no, it’s not regulated.
Do you know about EPIX TRADER because every body who writes scam review is telling that this is the most advance AUTO TRADER can you please check this out tks
Hello, it’s just another scam, see our Epix Trader review.
What are you guys talking about here . You guys still try something but you don’t use your brains…WALL STREET ! If there is a robot that can make money automatically why do they go there and work for 8-9 hours or even more selling buying stocks . I Guarantee there is no working auto trading bot. I’ll tell you more that all is scripted so you might make money for the first couple of days before you make a big investment because you sure it works but that’s the moment when you will start loosing your money. DONT INVEST WITH BOTS trade with Account managers or people who know how to analyze the market
Hi John, seems like we all ask about the same but different robots… Do you know anything about Exante? Tnx in advance.
Hi, do you mean exante.eu – the broker?
Hi John how much do you know about Shawn Anthony uses email:[email protected]
Hi, I don’t know him.
this binary world seems full of scammers. I believe you can make money in this world, would like information on how to start and learn binary in safe hands, can you recommend any website to help a total beginner in binary please
Hi, you can start at babypips.com. It’s about Forex, but technical and fundamental analysis is valid for binary options too.
thanks for everything John, you are a wise soul!
Hi, Just a further point IQ Options is regulated, and has great software platform, but for those who not now, this broker the “PUT” or “CALL” option is your decision not a so called ROBOT, I agree with someone else’s comment it may take longer to achieve, but if you make a mistake it is YOUR fault, NOT the ROBOT. However I can tell you my record within 3 hours was £ 105.00, I at this point decided to call it a day, that was from a £10 start, My Point……….. THAT was a great feeling, a ROBOT cannot give you that. SO please take mine JOHN and others advice stay clear of ROBOTS, do it yourself.
24 Options also can be run by you and are regulated, very good, however I personally prefer IQOPTIONS.com, very simple software and you get FREE demo/Practice for life, plus all the backup, videos, etc. Before you ask NO I am not a affiliate, just trying to help as JOHN has, check it out, its your money, your life we all make mistakes, but hopefully this will not be the case. Thanks.
Spot on John, thank you so much, I have been using IQ options for a couple of weeks and it is very hard work, as you need to concentrate, however I was over £300 up in less then a week, but the old greed, kicked in and within minutes I lost it, I have since “clawed my way back” and I am £30 up. But I too thought there must be a easier way, ie. Robots. I signed up with Option Robot.com, for £250 but without trading I realised it was not for me, and I withdrew. Fair play to the broker which was 24 Option I received my money back in 2 days. Just for the people looking at this one thing kept bugging!! me was that optionrobot asked for initial $250, which is around £200 GB, so why would they not accept my £200 deposit. Ask yourself. I was lucky I did not trade and got my money back. But if I had gone on they where already £50 up on my deposit. John great advise keep it going if you help at least 1 person, it is worth it, Thanks again.
Technology or not, I think the old saying still holds true: If it’s too good to be true, it is too good to be true.
Much as I want to earn extra on a much easier way, I simply can’t risk my hard-earned money just the same so I continue to try my best on what I really do best to earn.
Robert, you are the wiser! As John suggests, patiently learning to trade manually is the answer. No ‘open sesame.’ Good luck!
May I offer you my thanks in what you are doing and for no reward or commission, like most of the others who make commissions when you sign up through them, I have only just realised what you are saying is what has been crossing my mind recently!
I signed up with, FashCash.biz and was given Ivory Option as my broker, I did manage to withdraw most of my deposit, except for a little I lost in my own bad trades, then I signed up with Lexington Code and lost some money, not all my deposit, I stopped before that happened, the latest one is Nuvo Finance, this one is fairly new and shows a lot of possibility to make money, so I believed, I made 9 trades and lost 5 of them, I started with £250 and ended up with £203 which I have placed a withdrawal notice, another auto scam down the drain, now I have found John Novak’s site, I wont be losing anymore money on these scams and spammers, all I will be doing in the future will be my own trades, with a strategy that still has to be put into action, but given time and a lot of patience may make a little cash!!
John, if you have any sound strategies you would be willing to pass on to me, you have my email address?
Bravo John Novak, based on my personal experience, you are perfectly right! Despite all their claims, Binary Option Auto Trading (BOAT) is an obvious scam. They collude with brokers to defraud traders. Likewise, despite its so-called reputation, readers should be careful with 24option. Yes, they are a regulated company, but that does not mean that they operate responsibly. Around January 27, 2020, I opened an account with 24option. My intention was to deposit $250, but their representative encouraged me to increase it to $500, promising to give me a 100% bonus. But after depositing the $500, the account manager assigned to me insisted that if they gave me the bonus, 24option would be a joint owner of my account. This means that I would be trading, while they would be sharing whatever profit I make with me. The representative who urged me to increase my deposit to $500 never told me about such a condition. In the end, I did not talk about the bonus again, and they did not give me any.
When I opened my account with 24option, I did so through Binary Option Auto Trading (BOAT). Some websites promote the BOAT software as being fantastic at making profitable trades on behalf of traders. See for example, the website, ‘Binary Option Auto Trading Software Review: A Trusted Automated Platform’ (please also be careful with the owner of that website, Anna Georgieva, who appears to me to have some interest to serve. I posted a comment there about my recent experience with BOAT, but for some strange reason, it disappeared).
Shortly after opening my account with 24option, BOAT informed me that they had installed their trading software on my account and that I should do some setting, which they did not even care to explain to me properly, despite being a new user. Between Jan 30 and Feb 3 2020, while I was still busy trying to complete my account verification process at 24option, I lost access to my account and could not login. When I finally regained access late on Feb 3, I found, to my greatest shock, that my account had been reduced from the original deposit of $500 to $196. I immediately contacted 24option for explanation, but they insisted that I had been trading, which I denied.
On Feb 6 2020, 24option informed me that the BOAT software had been trading on my behalf (without my knowledge). By this time, my account balance had further been reduced to $166. I then complained to BOAT, requesting them to turn off whatever software they had installed on my account. They asked me to login at their website and click a certain button to deactivate, which I did. On that same day, they confirmed to me that the software had been deactivated. Despite that, by Feb 8 2020, my account balance was once more reduced to $165.44.
One does not require the brains of an Einstein to understand that the BOAT software consistently traded losses for me. Also, by shutting me out of my account, they made it impossible for me to quickly discover what was happening until they had substantially depleted my account balance. It also baffles me how trading on my account could have occurred when, according to 24option, ‘in order to start trading you will need to upload a few documents in order for us to verify and approve your trading account.’ Interestingly, since losing my money, 24option has been bombarding me with emails and text messages to complete my account verification process. You can also read users’ comment about 24option at this website – *** (link deleted by admin, because the website promotes scams like Binary Option Robot).
I share in your grievances and wish to thank you for sharing this helpful but sad experience.
I almost got into the same trap but you’ve save me from making the same mistake.
First: I have not signed up yet, I am not affiliated to earn commissions.
Second; I read about Daweda / Broker … A broker Licensed and respected in the world market.
Third: That, Daweda has a semi auto trader, who needs SETTING first before connecting..this Software
Fourth: The customer will have to read the Economic Calendar first, to know the volatility of the day market. Primarily news of the three red bulls of certain currencies., Put stop loss, stop trades, amount of money to apply, how often, choose the less volatile pairs currencies; Etc. etc.
Daweda, would not put this Software to rip the customer money, this would be for a help, for anyone who has notion of Market binaries ..
I’m analyzing for sign up, what’s the opinions here on the Forum?
Daweda is relatively new, only one year old, so it is way too early to talk about respect.
Bonjour, je suis commerçant canadien, depuis près d’un an et je peux vous confirmer que John et son équipe vous donne leur juste, lorsqu’il vous dites c’est un scam, un escroc vous pouvez les croire,
j’ai testé différent Robots et courtiers je me suis fait prendre a faire des test a cause des sites qui font la promotion de courtier malhonnête, je suis heureux d’avoir tombé par hasard sur votre site, car je m’apprêtais a ouvrir un compte avec option robot auto traiding, n’ayant très peu d’information sur eu, je cherchais en savoir un peu plus, merci j’avais un gros doute maintenant que je sais
,Finalement a vous tous qui lisez cette chronique, consulter régulièrement se site, j’ai lu les analyses des courtiers avec qui j’ai ouvert des comptes et c’est la pure vérité sur eux.
The penny millionaire
The lexingtone code
The snapcash binary
The wiki trader
All those were tested by these guys and gave fabulous results.
Check their YouTube channels up there.
The problem sometimes with a legitimate software is a bad broker who does not wanna connect the software to the account bcz it will cost them a lot of money to be paid to you. So they Deactivate some of the algorithms of the software to not let it perform at its best.
But those guys are connected to good brokers, the ones regulated in Europe.
In the other hand the scam softwares are made by the scam brokers in the first place to make you deposit and loose your money.
All these scams use paid actors that appear in a lot of scams under different names. All these scams use fake testiomonials with paid actors from Fiverr and other sources. All these scams use losing software that is used by a lot of scams at the same time, only the name changes, the app remains the same. We prove all this in our reviews. And real users confirm that these scams are losing money.
I am not saying this to you Adsmart, because you obviously are one of the scammers promoting your work here, I am saying this to our readers. You can either believe our reviews, our proofs and real user comments. Or you can believe that there is free money for everyone in the shape of free binary options robots that will end unemployment and poverty in this world for free. What you believe will not change anything for us, unlike scammers we won’t make any money should you believe these binary options robot work or don’t work. Those who say these binary options robots work, promote them in their fake reviews with affiliate links, so they get paid for it.
Ok sir I’am a lier and a deceiver. I’am just promoting links to facing softwares with fake videos to get paid, alright.
2- *** pay attention to the name of the brokers, they are regulated brokers in the UK, go ahead and contact the support of those brokers as many of them as you want, then ask them if they have those systems connected to the clients accounts, then you will find out about the truth.
Now how come regulated brokers would allow scam softwares to be connected to the clients account and cause the customers to loose money, that would be bad reputation for regulated high rank brokers, they would loose business.
If it’s connected to a good broker who activates its algorithms, it simply places trades for you very quick, faster that a human being, with anylisig the trades, the software chooses the high possibility winning ones using the algorithms integrated in it, but that’s with the condition that the broker connects the software to the account and activates the algorithms.
Now if you are a man don’t delete this comment and post it.
I edited your comment, because you are just trying to promote your scams here and we won’t allow that. Now let me address the rest of your comment.
1) There are no regulated binary options brokers in the UK, because binary options are not regulated in the UK as an investment tool. Here is the proof: https://www.fca.org.uk/news/press-releases/fca-proposes-stricter-rules-contract-difference-products – “The FCA is also setting out its vision on a range of policy measures for binary bets that would complement existing conduct of business rules, once these products are brought into the FCA’s regulatory scope.” So you proved again that you are a liar. Now all the binary options only brokers that show a London address are not regulated, the real owners remain hidden, they just bought a postal address in London, they have no real offices there. These brokers participate in many scams.
2) Do you think that anybody really believes your fairy tale about you being so kind that you are investing your time and work in making other people make money for free? We are not that stupid. I repeat, in all our reviews we provide proofs that these programs are scams. These are tangible proofs that you cannot undo or hide. Just one example for all: Wiki Trader that you promote. The sick bit*h who claims to be the CEO of this program calls herself Kelly Wallace and she says that her company created a software called Wiki Trader. But this exact same software is used by dozens of other programs, all saying the same bulls*it about a unique program, see the proof on the picture in the review. What’s more, this same sick bit*h called herself two years ago Sarah Markel, the creator of the Quick Cash trading system based on a secret that her kidnapped husband discovered. It could not be more obvious that these programs are total scams, so stop your bullsh*t!
We are continously receiving real feedback from real people who have fallen for these scams. They all lost their money. You sick motherfu*ker should realize that often you scam people in desperate life situations, who use their last savings with your scams hoping it will save them. These people are often old and/or ill and desperately need money. And you make them lose their last savings. You are destroying lifes! Stop your crimes before it’s too late. You really make me throw up!
I apologize to everybody else for words I have used, but I have seen several people and their lifes destroyed by these scams, because they lost their last or even borrowed money with them. So scammers that are trying to promote their work on our website make me really angry.
Thank you for website John Novak.
It makes a lot of sense. Your website avoided me putting any money down ($250), which I needed to put down first before the “guy” on the phone would deal with me. As I never put the money down, phone calls persisted from his “colleagues”. my data at that point was sold I assume. It was via Banc de Binary, which sounded very legit. And very easy to open an account. But some thing just seemed off, as they were very pushy in wanting me to send the money, they were rushing me, saying I should trade now as I would make money now, so “could I transfer the money today still”.
Cruel Cruel World out there with these scammers.
Hi James, Banc de Binary was so cooperative with scammers that in the end they could not withstand the complaints and had to renounce the EU licence.
I agree 100% with you John – all these scammers should be shot!
bullshit all the names you mentioned are scams -clearly you are getting paid to promote and rip people off – how do you sleep at night
All of you follow this professional trader , his name is Paul : prestigebinaryoptions.
Prestigebinaryoptions is a scam website that promotes scams like Code Fibo and Paul is a scammer.
That’s a lie, I have all the evidence I tried all those software sir.
It seems like you just jump to conclusions and you are not following up with the industry.
Code fibo is amongst the best signal services out there, it’s just a signal service, it used to be an auto trader.
So all these guys are scams:
(Youtube links deleted by admin)
All those systems are tested live, you are just talking without testing anything sir, most likely.
Everything is scam to you.
Let people subscribe to the Channels and find out.
These guys are good in exposing the worst scammers out there and every single scam that get released in every single week.
Try to be realistic and subscribe to these channels so you can be on the top of the industry instead of being close minded.
I have almost 10 guys who are in this industry trying scam software and losing their own money to warn people and present the good systems to them.
A broker can be bad by not connecting the softwares to the accounts or deactivating one or more of the softwares algorithms, do you would thing the software is a scam.
But there are a lot of software scams of course.
If you want more people to follow with their channels , let me know everybody.
Please stop spamming and lying. All the Youtube guys you mentioned are scammers, they promote these scams with affiliate links. Nobody here is so stupid to believe that there are several free money making robots. Free money does not exist. In every review we publish we provide proofs that these programs are scams. We have reviewed more than 400 scams and every time we proved our conclusions.
(Youtube links deleted by admin)
So all these guys are scams .
I got at least 10 professional traders trading full time , they test the scam oft ware with their own money live and they test the good ones live to present them to people.
I just posted 3 only.
The last legitimate software that came out was the Lexington code , a legitimate great software that was tested by these guys, live.
If you want me to post more videos sir let me know.
Excuse me but you are just a liar and scammer. You have sh*t and not a single professional trader. Videos with positive results of Lexington Code and other disgusting scams are faked, because you guys are promoting this crap for money. And you dare coming here promoting your scam?! I repeat, in every review we provide evidence proving that these program are scams. Just read our reviews and you will see.
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