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Binary Breakouts Review: A CopyCat SCAM with no profit Potential?

Binary Breakouts Review: A CopyCat SCAM with no profit Potential?

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Binary Breakouts! Is it a good robot? Can it generate consistent profits as claimed on the official site here http://binarybreakouts.com/?

Well, investors now want those questions answered since this is a relatively new software.

Binary Breakouts doesn’t have reviews yet. And although we’ve tested it and picked out some details about it, we’ve concluded that it’s the worst robot to use for your trading in 2017.

They claim that Binary Breakouts is 100% automated signals that come to you free of charge. All you have to do is trust your performance on their demo account before transitioning to a  live account.

However, we have since disapproved most of these claims. Unfortunately, these are marketing gimmicks that don’t necessarily mean that a product will perform well.

Furthermore, Binary Breakouts has a terrible trust rating, and that’s mainly because it’s a new service that was launched recently in 2017.

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However, we don’t like their promises because these cannot be fulfilled.

Their job is simply to drive your hopes high yet you will never make money with this software.

We’ve been there and we can tell you for sure that Binary Breakouts is just as dangerous to use as other bogus trading solutions out there.

Without further ado, we will go straight to the point by answering questions that matter.

Binary Breakouts: Scam or not? Here’s what we found

The demo account of Binary Breakouts performed really well. We were able to attain a consistent win rate of 90%.

However, we noticed that the demo environment was far from the real thing.

The price feed was not accurate, and this gave us the impression that we were not trading on a live market environment.

Therefore, Binary Breakouts website failed our transparency test. They are not honest since results on the demo account are actually manipulated to reflect what is not true.

Secondly, this robot does not appear popular among traders. Yes, it’s new. However, the 90% win rate should have been noticed by other traders if this was real.

How come that this robot doesn’t have any reviews to back it up? It means that Binary Breakouts doesn’t have what it takes to perform well on a live account.

On the other hand, profitable robots for binary options are well-known and quite popular in our trading circles. This one is not, and so we are curious to find out why.

Details of the person behind Binary Breakouts robot

As always, dishonest internet marketers often give very little information about themselves.

The aim is to avoid leaving their traces behind. That is why most of them don’t even give any information about themselves.

However, even if they do, close investigations will often reveal that they are using fake details as opposed to their real identity.

Up to now, we don’t know who owns this website. Details of this company is not written anywhere on the website.

You can now be sure that we are dealing with an anonymous person who has the audacity to claim that they have a formula that can make money for us on auto-pilot.

However, it’s important to note that Binary Breakouts website has an address listed down on the footer.

This address (All Rights Reserved. 835 E. Lamar Blvd. #263 Arlington, TX 76011) caught our attention because most shrewd sites lie about their physical addresses.

So we were naturally skeptical about this. We had to actually do a quick DNS research to ascertain whether or not this address was correct.

Our worst fears were confirmed when we realized that the company name was hidden. And we also learned that Binary Breakouts was registered with a completely different address.

Who.is actually confirmed that Binary Breakouts website is run out of Toronto as opposed to Texas.

With this critical information, we’ve already learned that Binary Breakouts website is operated by a dishonest person.

If they lied about this crucial matter, nothing can stop them from messing up with your investments. You are guaranteed of a loss when you trade using Binary Breakouts robot.

Let’s see how this robot is supposed to make you money

The ”About” section of the website mentions a totally different robot. This clearly shows that whoever was copy-pasting this information onto the website didn’t realize that he was making a mistake.

The most likely scenario here is that they lifted off that information from a rival website and copy-pasted it on theirs. However, they forgot to change the name AutoTradingRobot to Binary Breakouts robot.

Etbot

And in this case, we do not need more evidence to realize that we are being sold a raw deal.

But for the sake of their convenience, let’s give a quick highlight of what they said here.

The explanation was that Binary Breakouts or Auto Trading Robot uses their patent-pending trigger technology to identify price patterns and changes.

They falsely declare that this technology seeks to eliminate the issue of latency in auto-trading robots.

In the end, we are supposed to enter our trades at the best entry price possible.

However, you realize that the biggest problem with this statement is that it describes another robot and not Binary Breakouts system.

It beats logic why that explanation is being used to market another robot.

This is clearly confusion, and is working to their disadvantage. And chances are that they run so many websites that it is very difficult for them to pick out errors whenever they are done with putting up these kind of sites.

False testimonials

Before we forget this critical point, let’s just mention the fact that Binary Breakouts is the same software used in another scam called Fintechbot.

You can see the similarities below.

Binary Breakouts
Isn’t this FinTechbot scam?

We can also see that they have a couple of individuals who seem to be endorsing this product.

The problem with these reviews is that they are not real. These people who claim that they are making money with Binary Breakouts system are nothing but stock photos. The owners of those photos have nothing to do with trading since they have never traded binary options anyway.

We want to save you from losing money. So we will give proof as a backing of what we are saying here.

We want you to enlarge the image below. See for yourself that the same exact faces have been used in other scams as well.

Binary Breakouts scam
Same testimonials across scams, enlarge image

 

With this kind of proof, no one can say that Binary Breakouts system is a profitable software.

But we can surely say that it’s the complete opposite of what’s advertised on the website.

Chances are that you will lose all your money with this robot. You need to be aware of that fact.

Our Best Advice for You

While basting scams is our job, we also care about your investments, which is why we will always strive to find you solutions to your problems in the market.

We’ve compiled a list of reliable and most profitable trading robots in binary options.

You can thank us later that these robots changed your life by putting a stop to your hunt for profitable trading systems.

The best thing to do is to sign up to any one of them. Meanwhile, forget systems like Binary Breakouts because they don’t yield results.

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One Reply to “Binary Breakouts Review: A CopyCat SCAM with no profit Potential?”

  1. I agree with Reviewer. I dont recommend Binary breakouts. If you try demo you will see that thisis not a real thing. Demo and real account is totally different.

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