MOTHER OF ALL SCAMS: Optionbot 3.0 review

optionbot3One of the oldest binary options scams is back in its third version, here is the review of OptionBot 3.

We missed OptionBot 1 back in 2012, but we reviewed OptionBot 2 in 2014. It was one of our first reviews of a scam, because we could not believe the amount of fake reviews that was circulating about this program.

Since then hundreds of new binary options scams came to the scene and we kept on exposing them, because the vast majority of binary options websites still publishes fake reviews. So when we first saw Optionbot 3, it kind of made us remember the starting point of our fight against scams.

OptionBot 3.0 is a scam

So what is Optionbot about? It is a binary options robot that will trade for you. The presentation doesn’t say much, but the assumption is that the robot is here to make you money. It is all about the software.

You can get a demo to test the robot, but here is the biggest catch. It fakes results! It is one of the most disgusting tricks of scammers, they provide you with a fake demo to make you believe their software works. But when you start trading with real money, the robot will lose your deposit, because real trades obviously cannot be faked.

Look at the following video, you will one example of a trade that should have been a looser, but OptionBot 3 faked it to a winner.

This trick is now widely used by a lot of binary options robots. The software either manipulates the price feed or just rewrites the results.

How it really works

People usually ask why do scammers bother with putting out a trading software for free when it is losing money? The answer is simple. They are affiliated with some binary options brokers, so they are getting paid for sending new depositing clients to these brokers. Optionbot 3 is no different.

But how to convince a beginner to open an account with a specific broker and deposit money into it? You create a software that will force the user to do it. And then you just need to convince people that this software will make them money although it will not. You have to lie and hide the truth. This is how OptionBot 3.0 works.

Conclusion

Optionbot 3 is a typical scam that is trying to fool you with fake demo results. But if you let it trade with your own money, it will lose it.

You can try a genuine free binary options demo to see how trading really works. There you can really learn how to make money with binary options.

And forget about free money making robots, they do not exist!

Summary
Review Date
Reviewed Item
OptionBot 3.0
Author Rating
1
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9 thoughts on “MOTHER OF ALL SCAMS: Optionbot 3.0 review

  1. Tropical Trade en Optionbot
    Stay away from Tropical Trade !
    First they do not have a license , so they can do whatever they want .
    And THEY DO !
    Tropical Trade promised a bonus, 5 free winning free trades and a surprise.
    You will got that after you deposit .
    The surprise is: You will get NOTHING .
    Not even an answer !
    And your money is gone !

    OptionBot.
    Warning !
    Never Trade with OptionBot .
    It is a SCAM.
    Their Demo is a Fraud .
    It is only a misleading simulation.
    The payout is higher than in the real mode
    And you can not lose in the demo.
    In real trading the winning rate is 49% or less.
    So Option Robot is deceptive and a losing game .
    Avoid it !

  2. hey i think you got it all wrong. The signals coloured green dont indicate buy signals. The sniper signals below are in different directions. The red one indicates the most reliable at the moment, which is what i have been trading some sometime now and i have recorded wonderful results. ITS NOT A SCAM.

  3. Man , i’m new when it comes to trading but you are a step below. This is NOT an auto trader . You pick the call or put trades yourself. You have completely misinterpreted the demo which admittedly does win a lot but its a DEMO. You have based your whole review on something that isn’t real but believe it is. If anything is a scam, it would be your misleading reviews. Shame sites like this can’t be reported or shut down.

    1. Yeah, yeah, a person new to trading immediately understands that Optionrobot is the real deal and that our review is damaging the reputation of a software that gives free money to everybody and will end the poverty in the world… 😀

      Optionbot is run by known scammers and it is a proven scam. Period. Those who believe that there is a free software that can make you money for doing nothing, can go and lose their deposit with Optionbot, no problem for us. We have nothing to gain or lose in this.

      1. Have to agree that it is not an autotrader. This to me says that could not have tried Optionbot 3.0 as you seem to claim. I believe that your review is not a real review at all but one that is based on lies.

        1. You know, you don’t have to believe us, our review, our proofs and feedback of real users of this system saying that it is a scam. You can believe fake reviews from people affiliated with Optionbot, you can believe that free money exists in the shape of free profitable robots and invest your own money with it (and lose it). It won’t change a single thing for us. We are just trying to help people not to fall for these scams. But if you don’t want our help, it is your choice. I repeat, unlike scammers who make money on people falling for Optionbot we won’t make a single cent should you believe our review or not.

  4. Hi John
    I can confirm from experience that your review is spot on. From the demo you can see yourself becoming a millionaire in no time but once you signgup and make your deposit with one of their scammy brokers you see a completely different picture. You experience loss after loss. When you contact support they just ignore you like the typical scammers.
    John, keep up your good work of expossing these scammers who rob inocent people of their hard earnt money and tarnish the image of the binary options industry. Its about time these scums started earning an honest living
    Thanks again and have a great new year
    Sam

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