Are you addicted to binary option trading, but sometimes you feel that your earnings have been dropping all throughout? Do you want to figure out the truth? If yes, then you have to make a note of what has been going wrong in the first place. Have you been thinking on the lines to choose Monaco Treasure? If your answer is yes, then you need to stop right here. Well, if you want to know more about Monaco Treasure, then it is a binary trading robot. To get all the information read the complete review.
We investigated Monaco Treasure in a lot of detail and were quite shocked by the fact that this system claims to be risk free. However, we believe that it is not true by any means at all. The system needs to put forward some proof that this binary bot is real and can control the risk. The way Monaco Treasure controls the risk can only be tested, if the demo facility is there.
However, Monaco Treasure does not offer a demo. This binary bot has deprived the trader of the facility to figure out the reality of this system.
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Now this trading bot promises the fact that you can make $850 with this trading system on a daily basis. We do not really believe this claim because this system has not been able to present any third party proof in this regard. Monaco Treasure claims to be making use of Artificial Intelligence. However, they should have given a complete walkthrough of the process.
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The video of Monaco Treasure also fails to set a lasting impression. It looks like a tourism video rather than a binary options trading video. This is surely a huge setback of this system. Stating that they make use of Artificial Intelligence is a big thing and the makers have to justify their claim. The website states that 82 people have already become quite rich using this system. However, we believe in proofs. They should have given the details of those people and included the follow back links as well. Only then this claim can be termed to be a believable one.
This system states that it runs completely on auto pilot. Now this tends to raise a very important question here. This means that learning curve of the trader is going to be hindered. Apparently, we do not see that this system offers educational material to the unregistered users and we believe that it is surely a big setback. Even if a system runs on auto-pilot the learning curve for the trader needs to be there so that he can make his mark.
This binary system states that they make use of a super-fast Maths algorithm but for us seeing is believing and we can only trust the system after we check that the algorithm really works in the real world. The site states that this binary system only places the trades when it is sure of the fact that they will be profits only. Well, this can never turn out to be the case at all times. The margin for loss is always there.
Now we did a small experiment to check the authenticity of this binary app. We entered incorrect information in the text fields where you need to enter your name and email address. We noticed that there is no check to validate your information. This is alarming.
What made us most suspicious about this system is that the names of the broker it uses are not listed on the website. We believe that if they make use of genuine brokers, then they should be ready to flaunt the names but that does not turn out to be the case with Monaco Treasure and this is something that cannot be ignored. We feel that if you make a deposit to an unregulated broker your money will be gone for all times to come.
We feel that the makers should have listed the exact deposit amount as well so that you know what you will have to pay at the end of the day. However, this does not turn out to be the case with Monaco Treasure. The FAQ section is also not mentioned on the website. We feel that a website is incomplete without the FAQ section. It needs to address your basic concerns so that you are sure that you are moving in the right direction.
The payout that are mentioned on the site are also a scam as per our opinion. If the pay-outs were real then verifiable proof would have been present on the website. Now we were shocked to realize that this trading bot does not have online presence. Now when a social media page is there, then it gives you a chance to know a lot about trading bot. The live chat support is also not available so we feel that you do not stand a chance to put up your questions at run-time.
We could not get our hands on the information about the CEO. Well, a CEO is the authority so if you cannot get information about him, then you are surely in a lot of trouble. Now testimonials are there on the website of Monaco Treasure. However, these video testimonials seem to be fabricated and we believe that you just cannot trust these testimonials. As per our opinion Monaco Treasure is a scam and you should not trust it all.
Verdict: Monaco Treasure is a Scam!
False website: monacotreasure.co/
We at Valforex only encourage the use of dependable trading systems. If you are perplexed by choosing the right binary signal services and want to know about the latest scams , then we will give you the adequate guidance in this regard so that you do not end up wasting up your money.
If you are willing to invest in binary option trading then let Valforex provide you in-depth guidance.
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