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Junk binary options software have infiltrated the internet so bad that you can’t separate corn from the chaff.
Trade Bot Plus is just one of the weird robots being peddled around, and they are hoping to convince gullible investors who have money to throw around but no time to conduct due diligence.
Is Trade Bot Plus a genuine binary options robot or just another scam?
The domain tradebotplus.com doesn’t give us much information as to the legitimacy of this program.
It talks of Trade Bot Plus being able to scan the market so that it can make an informed decision based on a number of indicators.
But in this era where money is hard to come by, no one should be accepting such shallow information as proof that a robot is profitable.
That explanation is simply unacceptable. There is nothing like push-button app which makes money on auto-pilot as you enjoy your vacation on the Caribbean Island.
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Our biggest problem with Trade Bot Plus website is that it has too much generic information which doesn’t tell us the things we want to hear as far as proof of efficacy of this robot is concerned.
When a website publishes generic information, it comes across as spam rather than a genuine website.
Even after spending some time researching the website of the Trade Bot Plus, we came out with nothing apart from the explanation that this robot depends on a number of trading systems to receive signals which are then executed accordingly.
The vague explanation also teaches us that this robot uses the classic system, martingale system,and Fibonacci to trade the markets.
In terms of trade indicators, Trade Bot Plus website mentions popular indicators like the MACD, William % R, Commodity Channel Index, RSI etc.
In the real sense, this information is not needed. If anything, these things are usually worked into robots that are created by novice developers.
In fact, everyone can create a robot with these things included in the algorithm. There is nothing so special about it.
And if you don’t believe us, just search the internet and you will come across a number of websites that give you free tools to create your own robot even if you don’t know how to code.
It’s basically a drag-and-drop operation where you only include what you want via the computer mouse. That’s it.. You have a robot that you can even sell.
Apparently, this website wants us to believe that Trade Bot Plus is a special binary options software yet we know very well that the algorithm of the robot isn’t unique.
Secondly, you and me know that using such garbage software to trade the markets will always results in losses.
That’s why we recommend genuine robots here instead –just in case you’re serious about pursuing your trading career with binary options. As for this one, it’s a big No.
It’s ridiculous how con artists hide behind a computer somewhere pretending that they are selling a genuine product or service when in fact they are selling nothing but a filthy scam.
We cannot invest a single penny on a program whose owner has deliberately chose to remain incognito.
It’s one of the key signs that we always look for when engaging the potential usefulness of a product.
If the owner is ”too shy” to introduce themselves, we always conclude that something fishy is going on behind the curtains. And for sure, our suspicion always yield results.
The Trade Bot Plus website does not have an introduction video, so we don’t know the faces behind it.
The website doesn’t give any information concerning the owner, the company behind it or just anything pertaining to this robot. This is kind of weird because we are not used to ”genuine” robots selling themselves this way.
Now, the simple explanation as to why the owner of this site chose to hide himself is because he already knows that his actions are unacceptable. He risks jail time, and so the more he hides himself, the safer it is for him.
Usually, genuine vendors showcase the past performance of their software just in case people want clarity or confidence that their product works.
But this is also the basis upon which fabricated ”past results” are formed.
Trade Bot Plus appears to have an ”amazing” win rate going by this table of past trades.
The robot actually ”won” 9 out of 10 trades, thus suggesting that Trade Bot Plus has a win rate of 90%.
This is a ridiculous show because 90% win rate cannot be achieved by any software on a consistent basis.
Secondly, you cannot even achieve a 50% win rate if the algorithm depends on the generic tools used above.
There has to be something else that makes what you’re using special. Otherwise, forget making any money as a trader.
In short, someone was taking us for a ride in this section of the site, hence the fake results on the table.
Those results can’t be verified. Clicking them will only activate a pop-up screen asking you to sign up and deposit a minimum of $250 so that you can also enjoy trading and making profits like the guys whose trading results have been listed on that table.
Someone took this joke too far even to the point of fooling us that this website is 100% secure to transact with.
First of all, if you need to confirm if a website is 100% secure, you need to look if a green padlock sign exists on the browser address bar.
This certification should be visible no matter which device you’re using to access the site.
Secondly, all websites dealing with financial information are required to have this security seal which assures users that banking information such as credit card details will never end up in the wrong hands.
Now, contrary to those requirements, this scam has gone a notch higher to insult your intelligence by stating that they use SSL certification when that is not the case.
Can they show us evidence that SSL certification exists on the domain?
If not, then why were they lying in the first place? This kind of thing often jeopardizes the security of its users’ banking information. It’s common for such sites to double up as hackers as well.
Trade Bot Plus website could be serving as a platform for gathering user credit card information and channeling that information to hackers. You can never take risks by trusting these anonymous crooks.
You don’t need more evidence to get convinced that Trade Bot Plus is a bogus program.
You don’t need more proof to figure out that the person behind Trade Bot Plus website was not serious with his business when he put up the site.
They’ve left behind hints everywhere, and this is working against them.
It appears that the intention is to collect $250 from users before going underground.
It’s very common for such websites to commit fraud before disappearing later on.
We are therefore appealing to people who want to trade safely to use this selection of binary options products only.
Valforex.com will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act of Fair Use.
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DEFINITELY not secure. Also, “90% win rate” ?? I had to laugh. The website is littered with l**s to s**k in newbies. I’ll be surprised if they’re around much longer. They’re clearly just trying to s**k $250 out of as many people as possible before they disappear off the side of the earth. However, the link provided in this article def has more reputable bots. If you got here because you were wondering whether or not this Trade Bot Plus nonsense they’re peddling was remotely truthful, rest assured – it’s not. On to the next!