The Profits Algorithm is a trading robot. It means that it will generate trading signals and trade them on your account automatically, so that you have nothing to do.
Trading robots are meant to be profitable and The Profits Algorithm is free, so does it mean free money?
The Profits Algorithm scam
We analyzed the Profits Algorithm trading software and we came to the conclusion that it is a scam. It was easy, because it is not a unique software, it is a trading app used by many binary options scams.
We get a lot of feedback about this software from its real users, so we know that it is a software that is losing money in real trading.
Moreover it has a very dirty feature, a demo mode that generates fake profits. It uses fake prices to create profits that would not happen in real trading.
People who don’t see through this trick soon enough will let the robot trade with their money and lose it.
So what is the true purpose of Profits Algorithm? To make you deposit money with an unlicensed and scam broker – Stern Options. Why? Because people who run this scam are getting paid by this broker for every new depositor they can refer. That’s all.
But now you know that if you let The Profits Algorithm trade with your money, you will lose it.
The Profits Algorithm is a scam based on a well-known scam robot software, stay away from it.
If you want to learn to trade and make real money, start on a free demo account with a regulated broker.
Stay on the demo until your strategy is ready and proven to work.