In this review we explain why we don’t recommend trading binary options with Auto Binary Trade.
ABT is a binary options robot that can trade for you automatically. It means that it generates trading signals and executes them on your behalf on your trading account.
The Auto Binary Trade website claims that the robot has a 96% win rate, which is absolutely enormous. It would make you a millionaire very quickly.
Auto Binary Trade scam
We have every reason to believe that ABT is a scam. First of all a 96% win rate is impossible with binary options. Just impossible. Ask any real professional trader or your national financial regulator to get a confirmation.
Secondly Auto Binary Trade is not regulated, it is a an anonymous program with no license whatsoever. Which means that it is illegal in every country that regulates binary options trading.
And last but not least, as you can see on the image, ABT want you to first deposit money and then start trading. So they want you to risk your own money since the first trade with an anonymous software, which is insane.
Even if they gave you a demo, it would very probably be fake, like it is with many binary options robots that we have tested so far.
This also shows how Auto Binary Trade works. It is clear that its main purpose is to make you deposit money with an affiliated broker, because it will earn an affiliate commission to people who run this program. This is how all scams work.
Auto Binary Trade is almost certainly a scam. It is an anonymous and not regulated software that promises impossible profits. Stay away from it!
No free software will make you money in trading. If you are interested in binary options trading, try a free demo account with a regulated broker.
On the demo you can try to build a profitable strategy. Don’t trade with real money until you have your strategy profitable and verified.