is Binary Option Robot a Scam? My Review for Trading.
Find out the truth whether is Binary Option Robot a Scam or a legit trading software. This so called automated trading system has over 80% winning rate. Now, is this all real and can be trusted? Bare with me as I am going to answer the question below.
Binary Option Robot Review.
Software Name : Binary Option Robot (BOR) Website : www.binary-option-robot.com Owner : Unknown Price : Free or $79 Overall Ranking : 60 Out of 100.
What is B.O.R all about?
This is like many most binary option trading softwares that help you to profit from the market. The system itself has claimed to be 83% average winning rate. This is quite powerful to think of, but I personally know that’s absurd . Nothing can be so powerful without prior knowledge. Besides, there is no real testimonials from people who are using it.
The way you were told that Binary Option Robot analyze the market trend in real time and calculate the live value of each trading indicators. The indicators gives an auto trading signals to CALL or PUT. Binary Option Robot execute instantly and automatically the trades on the binary options broker following the signals and the trading system. I don’t quite understand this!
The Good & The Bad.
I just want to be fair here and give both perspectives of mine about this particular trading software. Hope it will help you to make decision.
You are given the instructions to activate the software and how to use it as well. It has a free version. There is no exaggerated claim like most softwares. 60 days money back guarantee (for Pro Version)
No Live Chat support. This means the product is not reputable. You don’t know the owner(founder) of the software. But the product itself is from France with the company name of NASRI SOFTWARES EIRL. Why is that a Pro Version? I thought those people would be making money by referring you to the brokers. Perhaps, the commission is not high enough.
That’s my honest opinion. So overall, the software is legit to use and NOT a scam. But, I know the winning rate is a lie!
I Don’t Do Trading!
Binary Option trading is certainly one of the hot opportunities to make money online. But it involves high level of risk as well. You can either make profits or lose all of your investment! Here you can read the disclosure within B.O.T website:
Click on the image to Enlarge!
There is no guarantee that you will make most profits all the time. You might be ending up losing money instead of making your way toward financial freedom. That’s one of my reason NOT to do trading. Besides, I didn’t have enough money to deposit at least $250 to start an account in the past.
What I actually Do to Make Money Online.
Another hot opportunity is called Online Marketing. This is more sustainable and involve much lower risk compare to trading. As you might already know, more and more people are buying stuff online. So you can leverage this by promoting somebody else product without having to keep the stocks. Just take your affiliate link and tie it into your website. It can be very profitable!
There are over 3 billions internet users today and it keeps increasing every single year. Imagine putting $1 product in front of them, you should know its potential already. But how? That’s a good question. You can learn it step-by-step and make a huge passive income online which I think that this is much better than doing binary option trading.
To be honest, I was once eager to try binary option but found no success. It is not easy to learn, that’s why I chose to have my own online business instead.
My #1 Online Marketing Platform.
I had tried many programs to make money online, but unfortunately most of them are scams. However, I manage to find one true platform that teaches everything step-by-step without hidden upsells. The owners are active within the membership area. I especially love the community because everyone is helping each other to succeed online.
After going through the trainings, you will be assured to have your own business based on your passion . It can be anything that you love or even a hobby. That’s why I like this platform very much. The good news is, it has free trial as well.
Anyway, if you are interested, you can read more about it on my #1 recommendation review. But before that, please share this information, and comment below. I’d love to hear from you! 🙂
Click Here to Read My #1 Recommendation Platform Review.
Posted in Scams Buster Tagged Binary Option Robot, Binary Option Robot scam permalink.
is Binary Option Robot a Scam? My Review for Trading — 13 Comments.
Donnie on July 24, 2015 at 13:47 said:
Hey, Edy! I didn’t even know they had programs out there with software that automated trading on the stock market! Technology and the internet is so cool! What will they think of next? I’ve never been much into trading, like you said, it takes initial investment and I have never had enough initial capital for something like that! When I began to read this post I thought it might be a new and successful way to make money online. I love to read information like that! I believe that even if I was interested in the market I wouldn’t try this product. It looks very suspicious to me, especially after your excellent and informative post about it! However, what you said about affiliate marketing, now THAT is the real deal! You are so right and your # 1 Recommendation Platform is awesome! It really works! It is something that gives a return on your investment! Hey, great post, very informative and professional! Your site looks real nice, too! Nice color choices and layout! Thanks for this information and have an awesome and productive day! Donnie.
Edy on July 25, 2015 at 04:36 said:
Hi Donnie, Thank you for your kind words. I appreciate that! As for the trading software, I personally don’t think it works. We still need to set it up manually. You can’t just automatically choose PUT or CALL without prior insight. This can lead to unsuccessful trade(losses). At the end of the day, one still need some knowledge and experience in place before jumping into binary option trading. There is NO tool on Earth that can automate things 100%. If it does exist, my grandmother would be rich by now. So in respect with high level of risk, and longer learning curve, I prefer to do Online Marketing. It is safer without huge investment in place. But of course, you need to get a proper and affordable trainings to start up your online business step-by-step from zero. With that in mind, my #1 recommendation has everything in one place ranging from training, tool, networking, support, and much more. It has free-trial as well to taste it out! 🙂
Shonicka on August 10, 2015 at 16:02 said:
Binary option robot. Never heard of this one until today. They offer you free access to the software then send you to brokerage site to make a deposit. But you have to careful because most of them are located outside of the US. I was so tempted that I even researched some but even with reputable brokerage firms the risk is to high if you don’t have the $200-$250 to lose. WA is great wish i didn’t give up on it 2 years ago.
Edy on August 11, 2015 at 02:36 said:
Hi Shonicka, Binary Option Robot is definitely not for everyone. Those people who are successful have accumulated their skills for years. I personally don’t think that there is a software that will automate your profits. You still need to do some work watching the news, and current market position. Although binary option is quick for profitable investment, it is also faster to lose all of your initial deposit. I agree with you that we need to anticipate the risk of burning $200-$250 to the ground. WA is definitely an excellent platform that teaches ordinary folks to build a successful online business based on their passion, from scratch! I am happy with their 24/7 support and the community. Very friendly and supportive. It is my #1 Recommendation too! 🙂
Lauretta Elmer on September 7, 2016 at 02:20 said:
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joel osten on December 7, 2018 at 11:37 said:
One wouldn’t really think much of this, all I really wanted to do was invest and be part of it but the way I was misled by this brokers was terrible, to easily take money from all in the name of investment and when I wanted to make withdrawals every single attempt was fruitless with constant hassle to invest more I really can’t say more than I have already said. I would really consider myself to be one of the very few lucky ones as I was able to have my funds recovered from this scam Binary option brokers, although it was through unethical means as far I am concerned but what can I care after how my hard-earned funds where taken from me, these guys are the best in less than 7days all my funds including bonuses had been recovered, If your broker lost your funds trading Binary options wealthrecoverynow dot co are more than able to get your funds back without any traces. Best of luck people.
JACK WANG on November 20, 2019 at 15:20 said:
I lost my money through three hyper yielding investment platforms whose companies were registered in London, UK. They claimed to have registered their companies in the US as well. The three companies are Moni-Finex (Moni-Finex Global), HybridReserve and InclusiveFx (Inclusive Services). Moni Finex’s webpages have been inactive since the beginning of August and I have been unable to withdraw since July 12 The MF migrated July 25 to MoniFinex Mining, again unable to withdraw. The sites posted they were performing an internal audit during the month of August; subsequently, it announced the systems were being upgraded since early August. All official Chat-rooms at Telegram, WhatsApp and Facebook are now disabled and some vanished altogether. I Contacted the CEO via WhatsApp, he did not read my notes or respond. HybridReserve would keep promising mouth watering ROI to lure you in showing you simulated trades and it is almost impossible for you to make a withdrawal. One excuse after the other. That’s when it became crystal clear that I have been scammed of my hard earned money. My total lost with these three companies was USD532,876.21 as of August 1, 2019. I needed a major portion of this balance to pay off the down-liners who were threatening to file charges for misleading as well as fraud. Their combined balance is approximately USD600,000. A top wealth recovery company in the US brilliantly helped recoup 92% of my lost capital to these fraud companies all within a 2 week period. I can’t thank you enough PAUL.WRIGHT@GLOBALASSETRECOUP,COM I am typing this with tears rolling down my cheeks! Please stay away from HYPER YIELDING INVESTMENT PLATFORMS to avoid the agony and pain I went through! DO NOT TRUST ALL THESE RECOVERY COMPANIES WITH A GMAIL ACCOUNT! IT JUST DOESN’T MAKE ANY SENSE!!
Zinek zyanc on June 10, 2020 at 05:09 said:
Scammers have ruined the forex trading market and this company is one of them. They have deceived many people with their fake promises on high returns. I learnt my lesson the hard way. I only pity people who still consider investing with them. Please try and make your researches, you will definitely come across better and reliable forex trading agencies that would help you yield profit and not ripping off your money. Also, if your money has been ripped-off by these scammers, you can report to a regulated crypto investigative unit who make use of software to get money back (fightingscams at aol dot com). He is a recovery expert and a very professional one at that.
is Binary Option Robot a Scam? My Review for Trading.