Estimated reading time: 6 minutes
Facebook Auto Trader aka Facebook Trader is the new pile of junk program in town. Having been launched early this month, the website is highly optimistic that it will deceive and get more investors signing up.
Thankfully, we are basting this scam and even warning our subscribers not to join if they come across it.
The first thing you have to realize is that Facebook Auto Trader is not associated with the social media giant in any shape or form. They are only using this brand name regardless of the copyright laws which have been put in place to restrict this kind of marketing activity.
Secondly, it has come to my attention that another legitimate platform exists by the name Facebook Trader. This platform has nothing to do with trading binary options as it is solely in the automotive industry where people sell their cars through the social media platform.
Therefore, do not be confused by the two because these two are separate entities. One is a scam (facebooktrader.co) and the other one sells cars through the social media platform.
That said, we’d like to dive right into the center of these issues which have surrounded the Facebook auto trader since day one when it was launched.
It’s currently one of the newest apps in town that spread false information on trading binary options and how people can get rich.
Facebook Auto Trader website says that their system produces thousands of dollars in profit every day because it works with social media data to determine where the currency or stock market will go next. This way, users have a chance of real success in the market because the robot is very intelligent in gathering and working with Facebook data.
Now, the question is this: does John Thompson (the alleged owner) trade for a living? Does he have a track record of trading binary options and banking the profits which he says he was able to make through Facebook Auto Trader?
Sadly, the concerns above have never been addressed on the Facebook Auto Trader website. They seem to be too occupied with marketing jargon as opposed to explaining the strategy that this robot uses as well as the milestone which it has achieved since they started testing it.
There is nothing special about the Facebook Auto Trader app since it follows the footsteps of failed binary options apps which came and disappeared.
If you look at the website where Facebook Auto Trader is being promoted at, you will come across lots of outlandish claims and promises that are impossible to fulfill.
This binary option scam is disguised under the name of the biggest social media platform in the world.
This is to make it appear and sound legitimate. Moreover, their intention was to create confusing by misleading new investors who don’t conduct due diligence when searching for binary options products.
While it’s a fact that Facebook is a social media sensation, and thus people have made money through it, the fact of the matter is that this app won’t make you any money.
The mention of how this robot mines data from Facebook so that it can trade accordingly is lame excuse.
What’s more, the owner of that site risks losing his investments on the scam site because he infringed copyright laws.
You cannot use the name of a reputable brand to defraud others on the internet because that will surely catch the attention of authorities.
According to the website, the owner of this project is called ”John Thompson”.
But now that we have seen that this website can’t be trusted, it is only fair to assume that this name is fictitious too.
The biggest problem with this man is that he does not show up on the video for people to see how he looks like physically. Instead, viewers are left to imagine how he looks like going by the lies which the narrator keeps spewing on the video.
His credentials cannot be verified either because there is no supporting evidence that a man by the name John Thompson owns a product called Facebook Auto Trader app.
His achievements cannot be verified too. This makes it impossible to verify Facebook Auto Trader app. We can only say that ”John Thompson” is a fake name. This name was only introduced for purposes of promoting the rogue software.
With so many red flags, one would not want to imagine that real users are associated with this app.
However, that is not the case because the website of Facebook Auto Trader has a couple of ‘user testimonials” which create the impression that this robot rocks.
And then there is also a small section on the site entitled ”Meet my team”. These people are alleged to be the main faces behind the app.
Apparently, it is now evident that these images don’t represent the real people who are involved in this fraudulent operation.
The images belong to a stock photo platform where they were copied and pasted on the website in question.
Facebook Auto Trader website is oblivious of the fact that these images are used by other sites which are not related to their website.
This shows that the Facebook Auto Trader website was set up to scam individuals. It’s the reason they don’t have any valid information concerning the owner or the app that is being promoted therein.
Now that the name ”Facebook” was involved, it was only expedient for these crooks to promote it on social media.
Unfortunately, what you’re seeing on the website as social media reviews are mere fabrication.
Rest assured that you will never find any positive review about this product anywhere on the internet except on the Facebook Auto Trader website.
You can search these users on Facebook or Twitter. Don’t be surprised that these user names are falsified information.
We expected this to happen anyway because scams love to pretend that they are popular on social media when that is the complete opposite of the truth.
When a robot developer makes outlandish claims about their new creation, they should as well back their claims with proof which mostly comes in form of trading results.
So, does this software show any past or live performance that can be verified? Am afraid this evidence isn’t there.
Instead, it is replaced with fake social media testimonials which can’t be verified as we have already seen above.
After seeing that Facebook Auto Trader is hyped for nothing yet it hasn’t achieved anything, it is only safe to say that this is yet another scam.
The strategy which this robot intends to use is not mentioned. Working with data from Facebook is not a valid explanation.
Secondly, the income potential of this robot is not realistic. It’s impossible for any robot to create such huge profits in a short time.
And thirdly, we did not see any reliable broker in site, yet Facebook Auto Trader website was claiming that they are working with reputable brokers in the industry.
For these reasons, we are asking you to avoid this robot. Invest in these robots instead.
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