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Binaryoptionautotrading.com Review: Is Binary Option Auto Trading A Scam?
Binary Option Auto Trading Review: like the name implies, this is an auto trader or robot that trades a binary account for clients. Is binaryoptionautotrading.com legit or a scam?
We have established that this is a robot that is being advertised for the sake of binary option traders. The auto trader makes use of software to help clients handle trade and have more time on their hands. On the page, clients are assured of good services, it says they will "trade like a pro".
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This vendor publishes positive testimonies from clients on the page. However, we have come to learn that such feedbacks can be fabricated and could be false. Let us consider how this robot works and its features.
How Binary Option Auto Trading Works.
We could not find any worthy detail on how Binary Option Auto Trading works. Despite this not being a good sign, we have found that many robot vendors withhold in-depth details. They may make it available via a link on customer support.
To start a Binary account with Binary Option Auto Trading, clients are directed to do the following: fill a form, select a broker, and fund their account.
The form requires information like email address and phone number and while selecting a broker, clients need to ensure the it is one that works in their location. Means of making deposit and withdrawal seems to be mainly via credit cards.
Binary Option Auto Trading Benefits.
Some of the advantages of trading with this robot as found on the page are:
100% Fully Automated: they claim that unlike many who advertise and fail to deliver, they truly offer this. Clients are only required to complete their account set-up and then relax. Trades go on even when clients are not online.
Secure and Safe Automated Stop Loss: traders get to set their own limits to determine the amount of risk they are willing to take. Again they point out that high profit promises can lead to high loss but with them, loss can be controlled.
No Download Required: this vendor assures clients that they do not have to undergo security risks by downloading some sort of software. Once the account is setup with them, trades begin automatically and you can start "collecting your profits".
Signal providers are offered and we found that they are up to 7 in number. Assets of various kinds are allowed so long as it is accepted with the broker chosen.
Clients Feedback.
There are no clients review available on popular websites like TrustPilot and FPA. The ones on the page are hard to trust and verify.
Binary Option Auto Trading does not provide any trading result that can be verified. On the website, it gives one allegedly showing "Winnings last 72 trading hours: 212". It is hard to say if this is true or not.
Support.
Clients are required to fill out an online message request form to reach this vendor.
Conclusion.
The presentation of info on the page is laid back and looks genuine. Benefits are basic though, we only find that it does not need downloading unique. But Binary Option Auto Trading gives no verifiable result and clients reviews are missing. Some corporate information will give the vendor’s image a boost as well.
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