Beware of the Altronix Trading Bot, it is a scam

Altronix Trading BotIn this review we are going to prove that the “Altronix Trading Bot” is a scam on binary options. It is presented by Frank Saunders.

Saunders says that his company created a trading bot that is continuously scanning news, social media content and offline (?) news. Then it finds the best trading opportunities on binary options and takes them.

This way the Altronix Trading Bot is allegedly making millions of dollars to its users, because it is the only bot programmed not to act on old news, it takes advantage of real news only. As it is very easy to set up and trade, anyone can use it.

Saunders adds that the first 50 people will be able to use the Altronix Trading Bot for free for the first 90 days.

Altronix Trading Bot is a scam

No matter how convincing Saunders can look, he is a scammer and the Altronix Trading Bot is a scam. It won’t make you millionaire, in fact it will lose your money. Because in order to use it you will have to deposit at least $250 into a trading account, and the Altronix App will then trade your account to losses. Let’s present some proofs.

Fake account statement

Profits? In the video Saunders shows a screenshot of a binary options trading account, but it is a poor fake.

First of all dates do not match, because of the filter it should be showing trades only up to September 11, but you can see trades from September 24.

Then you can also see all the trades closed, although their expiry time is in the future.

Fake media presence

Fake testimonialsOn the Altronix Trading Bot web page you can see some quotes about Altronix allegedly published in media like Bloomberg or CNN Money.

But do your own search on these web site or have a look at the picture on the right, these media have never mentioned the Altronix Trading Bot.

The app of scammers

Altronix AppAnd last but not least, the real Altronix Trading Bot is an app that we have seen many times before, each time with a different scam.

It has been used by some famous scams like Tauribot or Wells Investments.

Scammers only change colours and the logo, everything else stays the same.


The Altronix Trading Bot is a scam, its presentation and testimonials are done with paid actors. So stay away from it.

If on the other hand you would like to see how binary options trading really works and how money can be made in binary trading, try a free demo. It is where everybody should start and learn trading before investing real money.

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Altronix Trading Bot
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