EMBARASSING SCAM: BinaryBotMaster review

binarybotmasterIn this Binary Bot Master review we prove that it is a scam that wants you to lose money with binary options.

Binary Bot Master is supposed to be a binary options signals service with a win rate “up to 77 %”. Trading signals are allegedly generated by a team of 100 analysts. You can even get one that will advise you.

And as money is free nowadays (right?), you can get access to BinaryBotMaster for free.

Binary Bot Master is a scam

investment-adviceThe BinaryBotMaster presentation is full of lies. They promise you binary options signals from a team of professional analysts, which by definition means investment advice.

But if you read their Disclaimer, they say they won’t provide with any investment advice. Why? First of all because investment advice is a regulated activity, so they would have to be regulated in their country. But as it is an anonymous scam, there is not even a contact address, let alone a financial licence.

Results

resultsThis scam is so poor that they did not even bother to put up enough fake trading results to persuade you.

The last data is from October, which is fairly old. So this scam is not even maintained properly.

Scam software

binary bot master softwareThe main point and the main proof that BinaryBotMaster is a scam is the trading software. We tested it and we immediately recognized a famous white label binary options scam robot.

This software is used by many other scams, like Binary Auto Trader, Option Robot or Xpertsignal.

The most disgusting aspect of this scam software is that it provides you with a demo that fakes results. It is showing big profits, but they are fake! If you fall into this trap and let it then trade with your real money, it will lose it, because it is a losing software!

Real purpose

So now you know that Binary Bot Master is in fact a robot that generates trading signals based on a crappy algorithm, there are no professional analysts behind it whatsoever. It even fakes demo results to make you believe that it works. Why?

It is very simple, people who are behind it are associated with some brokers that pay them for referring new depositing clients. So the only purpose of BinaryBotMaster is to make you deposit money with an associated broker, because it will earn an affiliate commission to the scammers.

Conclusion

Binary Bot Master is a stupid scam that wants to take your money and lose it in trading with a crappy software. So stay away from it!

You can try a genuine free demo with a regulated broker to see how you can really make money with binary options.

First you have to learn how to trade profitably on the demo, only then you can start investing real money.

Summary
Review Date
Reviewed Item
Binary Bot Master
Author Rating
1
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