BinaryTrade360 (Binarytrade360.com) is a binary option and CFD brokerage-based apparently in the US. As ardent binary options traders, we had to look at it and see why the net is buzzing with it. Sadly, only negative reviews were floating around and we had to confirm for ourselves. No one wants to lose money trading, worse still, losing to scammers. Read this detailed and honest review to find out the whole truth.
Looking at their homepage, you can be easily enticed into believing you are dealing with the real deal. The first thing you will see is a message urging you to invest and earn profitably. According to the website, you should register and join thousands of investors who are on this platform. Have you ever considered that this is just a sales pitch? BinaryTrade360 probably has a few members and they want you to be among them.
BinaryTrade360 is promising users over the top promises. One such big lie is that members get a 100% automated trading software. Sales pitch they use is that you will trade while on the beach. The only requirement they need from you is an open browser and the Internet.
All this sounds too good to be true right? Of course, it isn’t true. There’s nowhere on earth that you can get a 100% automated trading tool. They claim that you will never lose while trading with BinaryTrade360, this is pure lies.
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Note: If your language is not English, you should use the language dropdown menu at the top of their page to select your language.
One of the red flags we first spotted is the promise members make a stable income. Members are promised daily stable income with high interests because they have a one of a kind platform. According to their website, they have a unique algorithm that makes over 95% successful trades. Dear readers, this is simply pretense and can never happen anywhere on the face of the planet. No trading platform or expert trader can make such a huge claim of 95% success trades.
What’s even more bizarre is this happens daily and so your income is stable. For one, the markets are always volatile and price changes happen without warning. This makes it highly impossible for anyone to have a correct prediction of 95% daily. Ladies and gentlemen, this is simply a ploy to lure you into signing up with this fake platform. Claims of making more than 10,000 trades daily is also a lie. This means that nearly all of them are successful trades. Wouldn’t we all be signing up to BinaryTrade360?
Checking their platform data, we were shocked by the blatant lies they are selling. Claims of having over 97,000 accounts and 5 servers. You can easily see claims of making over half a million in trading profits. Having these claims is a sure red spot that we are dealing with a professional scam outfit. Only seasoned scammers can come up with such high promises for the theatric purpose.
Binary Trade 360 has just one testimonial from a guy called Mccoy James. He claims trading with BinaryTrade 360 has been nothing but professional. The problem we have with this testimonial is that they just have only one testimonial. We searched through the web to find any positive reviews regarding BinaryTrade360 to no avail. It means that we are dealing with a fake scam outfit that solely plans to steal from you.
With over half a million in successful profits, you would find more than one testimonial, right? Well, even the one testimonial is also fake as they have used a stock image. We also uncovered another damning evidence that we are dealing with scammers. This is actually not the real Mccoy James. On his Twitter account, Mccoy who is a financial consultant has warned against the use of his name. Clearly, these scammers have decided to use his name as props to legitimize their platform.
Hell no! Fake platforms such as this can never be registered. On their about us page, Binary Trade 360 claims to be fully registered. Claims of being registered by relevant authorities can be seen in the first paragraph. Folks, we contacted the FCA and CySEC known regulatory bodies. None of them has ever registered this CFD broker. It makes sense now, they can’t register a platform that makes over the moon promises.
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According to their website, BinaryTrade360 comprises of qualified, skilled, knowledgeable, and experienced experts. If this is the case, they would at least shown us proof of these experts. All we can see is the reading material. We don’t have a name of one of these so-called experts for verification. It would have made things much easier if we could contact at least one of the experts they mention.
The reason BinaryTrade360 doesn’t want us to know the expert’s name is because there are no experts. Claims of having knowledgeable experts are what scammers use to legitimize their vice. If you don’t know, anonymity is key to a scam success. These scammers don’t want their identity to be known for obvious reasons. Scammers don’t want to be harassed by their victims and also facing the wrath of law enforcement. After all, why would they hide their true identities?
We tried contacting BinaryTrade360 live chat support but to no avail. How can a real trading platform not have live chat support? With this day and time, you expect they have at least a bot for chatting. Ladies and gentlemen, we are dealing with a fake company whose intent is to sign as many members as possible. Once they hit their target, they will bring down the site together with all members.
Not being satisfied with the live chat support, we sent them an email and still, could not get a response. If this was a legitimate platform, we would have at least received a response. Days have passed and no response has come from BinaryTrade360. Now you know that you are dealing with a scam platform that has no response. All they want is for you to sign up and deposit money with them.
Yes, BinaryTrade360 is a scam that has no end to stealing money from unsuspecting members. Why would they make over the moon promises? It’s because they know what they are after, your money.
Having a fake platform is the least of your worry, being scammed thousands of dollars is real. You should avoid Binary Trade 360 and get only the best out of binary trading.
Always go for binary options signal providers that are distinguished and professional. No one has ever lost money using tested and proven binary options signal providers. Sign up with one today and get to see the difference.
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