Beware of Binbot – review

binbot-websiteIn this review we have a look at Binbot, which is a binary options robot.

The page leading to Binbot promises that you can earn $300 per hour with this program. And it is free.

That’s it, life is simple, people are eager to make you money for free.

Stay away from Binbot

1The biggest problem with Binbot is the same as with every other binary options program we have reviewed so far.

You have to first deposit money and then you have to let the trade the robot trade with your own money.

It means that you cannot test it to verify the performance. It also means that if it is losing money, it will lose your deposit.

And we have every reason to believe that it will happen, because so far we have binbotreviewed more than 400 free binary options programs and all of them were losing money in real trading.

So our recommendation is very simple, if they don’t let you test the Binbot robot for free with no deposit, stay away from it.

Conclusion

Binbot forces you to immediately let it trade with you money, you are not allowed to verify its performance in tests, so stay away from it.

To make money with binary options you have to use only strategies and systems that you verified on a genuine free demo account with a regulated broker.

Summary
Review Date
Reviewed Item
Binbot
Author Rating
2
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