Gold Binary Robot is just one of many, many binary options robots that promise free earnings thanks to automated trading algorithms.
The idea is simple, they tell you that you can make money on autopilot and for free. Who would say no? But free money in this world? Let’s stay real.
Gold Binary Robot scam
The truth is that Gold Binary Robot makes money, but only to its owners. How? They are affiliated with some binary options brokers and will get paid for every new depositor they can refer to these brokers.
So how to persuade people to deposit money with certain brokers? You must make them believe that if they do it, they will make money with your software on autopilot. Because telling them that they have to learn trading and build their own strategy would not convince them.
You give it a new name and logo and say to people that it is a miraculous money making machine that you are miraculously giving away for free. A cool feature of your scam robot is that it has a free demo that fakes results to really give the impression that it works profitably. So people don’t hesitate to sign up for real accounts.
That’s how you make money as a scammer, people get your free crappy software and it forces them to deposit money with your brokers. You get your affiliate commission and when people realise that your software loses their money, it’s too late for them and you already have your commission. This is how scammers proceed and this is how Gold Binary Robot works.
Look at the picture, you’ll see some examples of other scam robots using the same software.
Gold Binary Robot is a scam that abuses binary options with a crappy software that is losing money.
Making money on binary options takes a proper strategy that scammers can’t give you, you have to build your own on true free demo account that gives you accurate results and does not require any deposit.