All you traders out there a new scam awaits your attention. This trading system is known as Binary Bankroll. You should not be misled by the name because this trading bot will not mint money for you. On the contrary, you will end up losing your money.
Note: A good alternative to this Binary Bankroll Scam is the Super Simple Bot.
Now I know that it is not so easy to get convinced so I have decided to furnish some proof so that you avoid this scam by all means for sure. We will evaluate each and every aspect that will prove the fact that this system is not a trustworthy option for sure so get ready to know the reality.
When the investor clicks on the Binary Bankroll link this is the moment from where the lies start. The first statement that will catch the attention of the investor is turn $250 to $2,500. Can it really happen in real? Well one can believe the fact that a trading bot will get the trader money, but believing in the fact that the profit margin is going to be so huge is definitely a difficult task.
👉 Interested In Mining Bitcoin And Other Cryptocurrencies for Profit? Now, You Can Mine Better, Faster and Smarter for More Profits With The Ready to Use, "High Performance", and Approved IQ Mining BTC Cloud Service For Miners. With This Mining Service, You Will Get Up to 128% Yearly ROI from Mining Bitcoins Alone Without Having to Buy Any Expensive Mining Hardwares and Softwares! Not Only That, You Will Get Your First Payout the Next Day After Buying a Plan With IQ Mining. You’re Also Given a Dedicated Account Manager After You Buy A Plan Who Will Help You With the Best Pool Allocations and Account Setup Plans To Get the Most Out of Your Purchase. Click the Banner Below To Register Now:
Interestingly the website of Binary Bankroll states that it is an invite-only system. If the investor bothers to search Binary Bankroll on the internet then he can easily locate the website so there are no secrets involved. Next the website says that the investor requires no experience to use this system. Well it is rather alarming than pleasing. Can a trader truly earn without any significant experience? The hilarious part is that Binary Bankroll claims to be accepting about 100 members a month. There is a definitely a red flag involved because if the system is exclusive then they should not need 100 members a month.
The system claims to be offering an additional bonus to the trader and the gift is an expert trade alert. It would have been much better if Binary Bankroll website could have discussed the benefit of this alert. At least the traders could have understood what is coming their way.
Note: Watch out for the scammers and only choose the genuine trading systems.
Now another lie is just about to be revealed. The website states that Binary Bankroll is 100 percent free. However, when the investor will scroll above he will notice that the system intends to take 20 percent of his profits once he reaches $2500. One thing that is mind boggling is that the website is pretty detailed. This makes it much difficult to identify the red flags. The novice traders are more at risk because they lack the understanding about the market. The experienced traders will be able to identify the glitches.
If the investor decides to trade using their trade alerts then this is what the logic of Binary Bankroll says. It states that the alert will have the symbol. This means the actual asset that has to be traded. The trade alert will identify whether the trader has to buy or sell a unit. As per the system each unit represents $1,000 so 3 units mean $3,000. Now that their theory has been explained the question is are these trade alerts dependable. The reason is that the investor cannot go about placing the trades blindly. He needs to think evaluate his trading strategy and then place the trades. Frankly speaking if one unit reflects $1,000 then it is no small amount.
Binary Bankroll is offering referral awards as well. This means that if the investor refers a friend to the system then he will get about $100. Whether these awards are for the real or not is still a big question so the investor should better use his discretion.
The video of the system uses voice narration. Now that is not a smart approach when a trading system has to win the trust of the investor. The presenter has to be physically there in the video so that the investor gets a chance to know whom he is dealing with. This is one of the major drawbacks of the Binary Bankroll website and this is one reason that is enough to put off the trader from opting for this system. The video is way too short and leaves the investor clueless.
Interestingly when the trader clicks start trading then he directed to a new page that has another video. It is difficult to understand why Binary Bankroll has two videos in the first place. They could easily have one consolidated video that should offer real sense to the investor. The second video starts with the fact that they want the trader to only opt for the endorsed brokers. This clearly shows that the scam system is sharing profits with their so called endorsed brokers.
Even this video only has a voice narrator. This shows that the investor cannot just depend upon Binary Bankroll at all. This video looks disorganized. A proper video should start with an introduction of the people who have designed the system. This way the trader can get a brief introduction. The video should next move on to the trading strategy and how the trading bot can help the investor.
If the trading bot is not offering relevant insight to the investor then it cannot be depended upon for sure.
Binary Bankroll offers a number of account options. The trader needs to think and make the wise move. The deposit amounts are quite high for all the accounts except Bronze. However, the setback of the Bronze account is that the investor has to give away about 50 percent of his profit and that is not something good for a new trader because he might not earn a lot.
Well some red flags have already been mentioned above. Their Skype user-name is also mentioned on the website of Binary Bankroll so the investor should try putting up his questions to the system so that he can figure out the truth. Interestingly the website does have live support, but they prefer to get the message from the user first. The live chat says that they are currently offline. One can just wonder whether they are ever online.
It is always better to prefer the trustworthy trading bots that have existed in the trading world for a long time. Binary Bankroll will never be able to secure the future of the trader and the investor needs to understand this aspect. This trading platform is just another attempt to fool the trader so believing in this system will eventually ruin the life of the trader.
The website has information, but it is still not enough to encourage the trader to opt for this system. Binary Bankroll will never change the future of the trader for the better and the investor needs to understand this aspect if he wants his trading career to flourish.
The best move is that the trader should shun the option of opting for Binary Bankroll and he should opt for more credible options. There are many trading bots that can secure the future of the investor for the better so the investor should try opting for such trading bots. It is essential that the trader should explore a trading bot first before deciding to opt for it. The trader should try to get well-versed with the pros and cons of the trading bot so that he is sure that he has made the right choice. However, Binary Bankroll is not a good option at all.
Help Us Fight Scams. Please Donate to Support Our Work. No Amount is too Little or too Big. Thank You..
February 8, 2019 By Ghazanfar
The phrase ‘Necessity is the mother of invention’ seems true for Iran. This is because Iran has unveiled its own...
February 8, 2019 By Ghazanfar
In spite of long bear market, Bitcoin transactions per day are increasing. Today the level of these transactions has touched...
February 4, 2019 By Ghazanfar
Although bear market in crypto world is extending, yet many fiat currencies are facing the threat of destabilization. This is...
February 4, 2019 By Ghazanfar
In spite of mix signals from the cryptocurrency world about the future of cryptocurrencies, many countries are planning to test...
February 3, 2019 By Ghazanfar
The idea of Bitcoin adoption as an international currency is not at all new. Over the years, many financial experts...
February 2, 2019 By Ghazanfar
Bitcoin’s entry into the longest ever bear market in history is one of the most burning issues of today. The...
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.