Estimated reading time: 5 minutes
Are you curious about the fact how you can make money with binary option trading? Do you feel that it is an essential need to have a roadmap in front of you? If that is the case, then now is the chance for you to know the truth about some of the scam binary systems haunting the market. One such example is the Nova App App. This binary trading bot is the creation of Michael Newberry and has a lot of promises to make. This is why you should make it a point to go through our review till the very end to know the truth about this system.
Now we will like to start with the fact that binary option trading is not going to make you money in just one day. It has to be more of a gradual process. Initially you will make some mistakes, but finally you will be to learn from them provided you opt for a reliable bot. However, what we realized is that Nova App is deceptive. It promises that it can make you $3,025 in just 24 hours. Well, we strongly want to convince you that this amount is impossible to earn through this scam. This is just an attempt to deceive you.
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This app states that it makes use of historical data to come up with accurate investment opportunities. Well, we do not agree with that and we believe that the system should present third party data to verify the truth behind this statement. This binary system also claims to be offering one to one support. However, when we looked at the website of this system we realized that there is no adequate support available for the unregistered users.
The educational material is also not available for the traders. This means that there are little chances that you will be able to experience growth on this platform. This is why we condemn its use by all means for sure. We strongly feel that a good support team is the backbone of binary bot. However, Nova App does not offer live chat support. This is a big drawback. This means that if you have any questions that need to be answered there and then, you will not get a reply at all.
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Note: If your language is not English, you should use the language dropdown menu at the top right hand side of their page to select your language.
The simple reason is that this platform does not have the answer to your concerns. Now we were able to uncover a huge scam alert. The site of this binary bot has links to different social media platforms. Now we clicked the Facebook link. However, we were not diverted to the Facebook page instead a Member’s Area only message popped up on the screen. Our question is why this platform needs to be so discrete about their social media presence if they are genuine. They do not need to hide at all if they are real.
The weird part is that even if you visit Facebook and try to search the Facebook page of this app, then you will not be to get your hands on the page. We also felt that this platform made use of all possible pressurizing techniques. For example, it states that only 15 licenses are left. Well, we believe that if they are genuine, then they do not need to reveal their importance to us in numbers.
Now obviously this app will not offer anything to you for free. They have broker associations. What we found quite suspicious is that the names of the brokers are not listed on the website. The simple reason is that the brokers are not regulated. When you give deposit to an unregulated broker, they are chances that you will end up losing your money. This binary bot claims to be operating on auto-pilot. Our question is how does it contribute to the learning curve of the traders. There is no discussion on the algorithm that is used by this system and we feel that this is something that needs attention and cannot be ignored.
We need to know how Nova App is identifying the profitable pattern. Now if a platform offers trial, then it does help to build up some trust. However, this is not the case with this binary bot. The reason is that they do not offer a trial. This means that you will not be able to identify the loopholes of this system. Secondly, we are also concerned about how this binary bot manages the risk mitigation. This is a serious issue and if a system cannot control the risks, then it is surely not worth selecting.
There is a glimpse of the interface of this system on the site. There is widget by the name Refund 0%. There is no discussion about this on the site. The maker should have given a complete walkthrough of Nova App to make it sound like a convincing choice to you the traders. We strongly discourage you to opt for this system due to the presence of these loopholes.
The biggest issue that we figured out is that we could not get our hands on any authentic information about the CEO of Nova App that is Michael Newberry. You can search his name online as well and you will not get a clue. Now this is a major red flag alert. We found testimonials on the site but we feel that they are fabricated and given by paid actors. This is why they are also not believable by any means at all. They are no follow links available through which you can trace the people who gave the testimonials.
Verdict: Nova App is a Scam!
False website: nova-app.co/lp.php
It is time you say no to these fake investment opportunities and go for the real and genuine binary bots. We at Valforex will ensure that you achieve this dream because will give you the realistic picture about scams and real binary signal services. Trust us.
To get a complete walkthrough of authentic binary signal services and bots have a look at Valforex.
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