IMPORTANT WARNING: BinBotPro is a scam – review

This review of Bin Bot Pro shows that this binary options robot is a scam that can lose your money.

BinBotPro is a robot that can trade binary options automatically, you just have to turn it on. It allegedly uses several different robots, but in any case your balance should grow.

And guess what, BinBotPRO is free, so you can get money for free, can’t you?

BinBotPRO scam

The truth is that BinBotPro is a scam. And a very dangerous one. Let us explain why.

Fake demo

When you register for BinBotPro, you will be given access to a demo version of the software. When you turn it on, you will see massive profits coming in in no time. But they are fake.

We tested the demo and in just one minute it turned $1,000 into $1,323 with $50 trades. All winners. But the problem is that the demo doesn’t show the trades taking place, it doesn’t show prices nor expiry times, so you cannot countercheck the trades with a real price feed.

The demo does not even provide a list of historic trades for you to verify! And the profits are jumping in every few seconds, which is a nonsense, because the shortest expiry is usually one minute with binary options.

All this means one think, the BinBotPro demo is fake, it showing fake results!

Fake awards, unregulated brokers

On the BinBotPro website you can see awards that this robot allegedly won, but it is not true. For example the “Thec Finance Journal Award” does not even exist, there is no such award nor journal. Meanwhile iFX Expo Awards exist, but BinBotPro was never even mentioned by them.

Another problem is that Bin Bot Pro pushes you to open an account either with Binary Mate or with Finpari. But both are unregulated brokers, so you have no protection with them.

The truth

At this point it is obvious how BinBotPRO really works. Its only purpose is to make you deposit money with one of their partner brokers, because if you do it, scammers behind this robot will earn an affiliate commission from the broker.

This is why the demo is faked to make you think that the robot is profitable, they need you to open a new account through the software with one of their brokers in order to earn their commission.

Conclusion

BinBotPro is a scam with a demo that fakes results, it shows unreal profits! In reality it loses money, so stay away from it!

You should always check the performance of any strategy/systems/signals service/trading idea on a demo account with a regulated broker.

And because to this date we have never seen a profitable binary options robot, we believe that it is better to use the demo to learn to trade manually.

Summary
Review Date
Reviewed Item
BinBotPRO
Author Rating
11stargraygraygraygray

16 thoughts on “IMPORTANT WARNING: BinBotPro is a scam – review

  1. This review is a bit myopic. You only explain your reasons with the demo account and the two brokers. IQ option demo is just like that. Show me a real binary software whose demo is not easy to operate. Hence with these few pointers you gave, it is not enough to convince your suscribers that it is a scam. I urge you to do an extensive research before giving us a review tht is worth 2/10. Beside i am a novice in this field and your review is not that helpful.Thanks

    1. It is not true. Demo accounts with regulated brokers like IQ Option use real prices, therefore your demo results are comparable with what would happen with real money. On the other hand scams like BinBotPro give you a demo that uses fake price to generate fake profits that would not happen with real money. As simple as that.

  2. yes you are right.
    when you open iqoption website and check their demo. you will see all profitable trades whether you put or call.
    so before giving any product scam verdict you should do extensive research
    and both brokers are reliable and regulated.
    ever post any review if you don,t want to research.
    all other websites are 5 starts rating of binbotpro and only yours show fu*king 1 start.
    Shame on you

    1. 1) You are a liar and anybody can verify it. On the IQ Option demo you will never see only profits no matter what trade you open. The demo is based on a real price feed and it simulates real trading. Anybody can check it.
      2) BinBotPro is a scam, there is enough proofs in our review. All other websites that give it a better rating are scams that promotes BinBotPro with an affiliate link, which means that they get paid for it.

  3. look for a meaningful thing to talk about…ur write up isnt reasonable.i dnt fink you av ever traded IQ demo account.have u tried it and loss ur moni.u only did d demo.pls dnt mislead pple

  4. I am not saying binbotpro is a scammer, but i have to say it wont give you any money, it losses most of the time. Really less chance of winning, and yeah the demo is a scam thats for sure. send me your email address and I can send you the trade these stupid robot did if you wanted a proof.

  5. John, good job on the review. It was the first I read and had sufficient detail to indicate that a scam was probable. Not a good sign.

    Keep up the good work.

  6. Hi,
    my experience with binbotpro.com/userrobots and binarycent.com is the same – it is a scam and the robots look fine just in the statistical theory. If I checked trade history then the robot 99% lost – you can check in the shared document with all the trading data history
    https://goo.gl/iPX3qT

    1. Beware about BinBotPro, and don`t listen those Youtube channels who praise this robot. ( Andrew, PrestigeBinaryOptions, ..etc). Many clowns on Youtube.
      Read as much as you can before investing in this. You win only in demo. After you put your money in, you will start loosing and your percentage start to drop, no matter what robot you use. This was my experience with BinBotPro. It is a scam!

  7. I think they are all scams. Nobody appears to know of a genuine auto crypto robot that can guarantee results. I have invested 250 for kayafx a few weeks ago & having problems withdrawing, also i invested anothe 250 in binaryrobot365 recently. Was alright before signing up, regular phone calls, promoses emails etc, then once they got your money, you will find yourself being passed from one so called agent to another. I will be doing all i can to get my funds back and to shame these people (to be honest i believe these people you cannot shame, because they have no shame) Absolutley disgusting, how they can prey on peoples vunrabillities is beyond me. Im nearly 60 years old & broke. I borrowed the money from my sister thinking i could make some genuine cash to pay a few debts off. Now im more in debt. I feel a right fool for falling for all this, how can these people get away with what they are doing. It is a shame & i am trully sorry to hear about the other people who have been conned by these people. Bless you all & god bless

  8. Hello,
    I am from EU from Slovakia (central Europa).
    I used binbotpro.com service. On BinBotPro I read only good reviews. After registration on BinBotPro I was automaticaly created account in BinaryCent broker. I did deposit 249.94 EUR. I had deposit 299,93 EUR deposit.
    BinBotPro does not support any demo account for try performance.
    I run BinBotPro robot Rising East v1.2, but BinBotPro have too big investment amount per binary trade! It was approximately 30 EUR per trade (but my original target was testing robot with 0,5 EUR per trade). Setting of trade size is no possible change! Invest size determine robot system automatically and I can not it change. And susses rate of trades was very bad only 43%. After 4 hours robot did 23 trades and only 10 was win. After 4 hours of running of robot I lost 156,27 EUR (63%). Big invest size on binary options is very similar as too big leverage on Forex or CFDs trading – it is very risky, very dangerous.

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