Scam review and warning: Pump Trades on binary options

In this review we are going to prove that “Pump Trades” is a scam on binary options, it is presented by Alex Stewart.

What is PumpTrades about

Pump TradesStewarts claims that he is the CEO of the Pump Trades company that has developed an auto-trading software that is making its users thousands of dollars per day. It allegedly costs $2.990, but now you have a limited chance to get it for free.

Stewart also claims that the software was tested and analysed by U.S. and Japanese security authorities and that it is risk free.

Why is Pump Trades a scam

We are dealing here with the typical binary options scam, it really has it all. Let’s have a look.

The company and software

The Pump Trades company does not exist. It is impossible to find any information about it. The same goes for the software, it has never been tested by U.S. and Japanese security authorities, it is not a legal software in these nor in any other countries, it is not regulated.

Fake articles

Fiction vs. reality.
Fiction vs. reality.

On the Pump Trades web sites you can see screenshots of articles about this trading software from various media, such as Bloomberg, Business Insider, Forbes or CNBC.

But the images are fake, we made a research and these media have never published a single word about Pump Trades, you can verify it.

Fake testimonials

Stolen photos.
Stolen photos.

In the video and on the web page you can see testimonials that are supposed to prove that real users are making money with the system.

Unfortunately these are paid actors and photos stolen from different sources on the Internet.

Not free

The usual lie used by scammers is that you don’t have to pay anything in order to make money with their system. But is not true, you will have to open a trading account and deposit $250 at least, otherwise they won’t let you use it. But as the trading software does not work, it will lose your deposit if you use it.

So it is certainly not risk free, you will be forced to risk your own money since the beginning.


Pump Trades is just another binary options scam that is taking advantage of binary options. If you are really interested in making money with binary options (a perfeclty legit trading instrument), try a free demo and build a profitable strategy before you start trading with your own money. This how binary options trading work.

Review Date
Reviewed Item
Pump Trades
Author Rating
Share on FacebookTweet about this on TwitterShare on Google+Pin on PinterestDigg thisShare on LinkedInBuffer this pageFlattr the authorShare on RedditShare on StumbleUponShare on TumblrShare on VKShare on YummlyEmail this to someonePrint this page

Leave a Reply

Your email address will not be published. Required fields are marked *