Estimated reading time: 6 minutes
When you take your first step into the field of binary option trading you have a lot of dreams and you think of fortunes coming your way. However, things do not always turn out as you assumed. Do you wonder why this happens in the first place? Are you looking for answers?
Note: A good alternative to this BinaryRobot365 Scam is the Super Simple Bot.
Apparently it seems that there is something that you have not been doing right. Did you decide to use a trading bot lately without investigating it? Did you end up choosing BinaryRobot365. Well, if yes then you are deep down in trouble because this trading bot can ruin your future for sure.
BinaryRobot365: The fallacious bot with scam traits
When the investor will open the website of BinaryRobot365 what he will miss the most is the sales video because the sales video gives the opportunity to the trader to understand the trading system in a better way. Nobody has the time to read each and everything that is present on the website so the video is a big help in this regard. However, BinaryRobot365 fails to offer the video. Now this is a scam alert. A credible trading bot should have a sale video.
Next the trader will feel that the about us page is missing. Now this is yet another alarming aspect. There needs to be information available regarding the person who created the system. If this information is not available then it is something to worry about.
The website of BinaryRobot365 has a signup page where the trader has to enter his credentials to open an account. Well rest assured that this account is not free. Only the registration process for BinaryRobot365 is free. Once the trader signs up he has to make a deposit to the broker. The website of BinaryRobot365 does not mention the deposit amount as well so this is yet another proof that this system is a scam and the trader needs to be careful when making his choices because he might come up with losses coming his way if the trader decides to choose this system.
The homepage of BinaryRobot365 is quite basic and does not provide any detailed insight to the investor. This is yet another aspect that the trader needs to worry about because the genuine trading systems are quite transparent with their approach. However, this is not the case with BinaryRobot365. The website of BinaryRobot365 displays the live profits, but apparently they do not appear to be useful as well. The reason is how can the trader assume that he will make huge profits without even trying out the system and thus this is yet another negative trait about this system.
Note: Stop the scammers and choose the appropriate systems.
Another weird aspect about this system is that when the investor looks at the profit figures there is contradiction in the winning rate. At some places the winning rate is about 67 percent and at some places it is about 72 percent. Now this is yet another reason not to trust this system.
Now interestingly the associated brokers promise a return of about 87 percent. Interestingly the live profits do not confirm the fact that all the traders are making 87 percent profits. Thus this is yet another weird aspect about this system. The alarming part is that none of the associated brokers of BinaryRobot365 are regulated so the investor just cannot trust this system blindly and the risk factor is massive if the trader decides to choose this system. Moreover, the trader cannot choose his existing broker account with BinaryRobot365. This system fails to offer an acceptable explanation in this regard. This is one more reason that the investor needs to despise this system.
The trade indicators are mentioned on the website, but the details about the trade indicators are missing. Now a new investor will need the necessary insight and he will not be able to work without the necessary insight about BinaryRobot365. Thus this is yet another aspect to worry about. The FAQ section of BinaryRobot365 answers very general questions and this is why the trader needs to be concerned about this aspect as well.
Interestingly the website of BinaryRobot365 keeps the trader in the dark completely. It claims that this trading system has a winning rate of 90 percent. The trading bot claims that it is quite easy to use for beginners. However, they should let the trader decide this by allowing the trader to use the system. However, this does not tend to happen in the case of BinaryRobot365 and this is something to worry about. The demo access for BinaryRobot365 is not available and this is something to worry about. The trader just cannot opt for this system blindly without having the access to the demo. The reason is that the trader will not be able to identify the loopholes of the system without the demo.
They allow the trader to choose his own trading strategy. However, BinaryRobot365 should understand the fact that it is difficult for a new trader to choose his own trading strategy. This is why they should offer the necessary education material in this regard so that the investor does not face any issues at all. However, apparently it seems that the education material is also not available for the trader and this is again something to worry about.
BinaryRobot365 claims that the trader just has to select the auto trade option to start trading. However, this will hinder the learning curve of the trader. The trader should be allowed to select certain parameters of BinaryRobot365. In this situation the trader has no control over the system and this is the worst aspect about BinaryRobot365. This way the new trader will not learn anything and this is the worst part about this trading system.
Apparently, BinaryRobot365 claims to be offering a stop-loss feature. However, again the trader has not been given a walkthrough of this feature so how can the trader ascertain if it will work for him or not because there is no ideal situation in the field of trading and the possibility of loss is always there. This trading system seems to be taking the trader on a ride to an idealistic world which does not exist in the real world.
Note: Say no to scams and choose the best bots.
The email address is mentioned on the website of this bot, but it is not for sure that the trader will get the answers to questions coming in his mind. This means that if the trader decides to choose this system then he will have a lot of doubts in his mind. It does not sound wise enough to choose a trading system when the investor has a lot of apprehensions about a system because this can land the trader in a fair amount of trouble.
Verdict about BinaryRobot365
The solution lies in the fact that the investor should never select BinaryRobot365 and it is not a good pick for sure. The investor should opt for the genuine trading bots that can help the trader reach new heights of success. However, this trading bot will not help the trader. It is important to discourage the scammers and the only way this can happen is by choosing the original binary software. This way the scammers will not take the trader for granted and understand the fact that the trader is not naïve enough to fall in their trap.