We came across Lucky Trader and wanted to know more about this trading tool for binary options. According to the presentation it can make you over $657,192 every month.
They also say that it works 100% on autopilot and that it is the most advanced and profitable Auto Trader in 2016. And you can of course get it free.
Is Lucky Trader a scam?
First of all you should never believe anybody who promises you thousands of dollars for free on binary options. It simply is not real, in fact it is impossible.
Even if you deposited $100,000 you would have to be very lucky to multiply it six times in a month. And they don’t even say how much you have to deposit.
Secondly no statement on the Lucky Trader website is verifiable, they say a lot of things about people making money and an award, but they provide no proofs whatsoever.
The third problem is that the company behind Lucky Trader remains completely anonymous, they provide no real contact information, just an e-mail address.
And last but not least, the first thing you have to do when registering is to give them your credit details. Doing so would be completely insane, given the problems that we have described above.
It really would be foolish to send money to an anonymous company. And Lucky Trader should be free anyway, right?
We believe that it would be extremely dangerous to send money to Lucky Trader or to any broker associated with this anonymous project that promises hundreds of thousands of dollars, but asks for your money first. All scams that we have seen so far do exactly that.
The real path to money with binary options leads through learning on a free demo account with a regulated broker.