300 Millionaire Robot Review: The online trading has moved a separate level with the invent of binary trading, which has been gaining exponential movement in the past few years. The binary trading attracts many new traders and brokers with an aim to make it big in the arena. This leads to speculative activity and individuals considers binary trading and binary robots as a speculative adventure and treats it like that. Whereas in reality, it requires a lot of discipline and sound understanding to make it a living. To make life easier for the traders, developers have introduced the trading signal & automatic software which assists the traders. This software allows the traders to trade on behalf of them in an automatic fashion with inbuilt features to select a variety of variables.
The exponential growth and invent of automatic trading software have also attracted some con artists in the business whose only motto is to rob the traders. Hence, it becomes important for the traders to make a wise choice before selecting an auto trading software. Recently, one of our readers had sent a mail regarding 300 millionaires, which claims to provide superlative returns to their customers and hence, today, we will review the 300 millionaire – an automated trading software. Our review process, as we have discussed in earlier articles, has very stringent processes to identify the pros and cons of the service provider. The following text describes the various facets of the 300 millionaires.
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The 300 millionaire is one of the new entrants in the automated binary trading software arena and claims that the software assists their traders to gain $ 4,000 to over $ 12,000 per month. Our investigation of the 300 millionaires provided no information regarding the people behind the automated software. The website has absolutely no information regarding the promoter company, its address, or its contact details. The first point of our research gave us the negative feeling about the software.
We investigated further with online resources in order to find the information regarding the registration details and license from a regulatory authority. As expected, we could not find any detail regarding the license. This is a big negative for any software service provider and creates a million doubts in the mind.
The website of the 300 millionaires looks very cheap and has a simple layout. The front page of the website boasts about the software and its efficacy. It tells us that he knows how to earn $ 2,000 per day and participating in his project can lead to monthly earning of $ 4,456 to $ 12,476 per month. It also shows that it is the only available project on the net with more 80 percent winning trade bringing in gains from 173 percent to 1800 percent per day. The platform claims to provide 40 win-win trades per day.
The website also indicates that the platform is only available for the select 300 people only. It has a counter indicating a number of enrolled clients. Surprisingly, the counter has moved to 249 initially and then to 24 but when we checked the next day, the counter showed that there are still more than 100 slots left. Implying that there are no real enrollment happening and it is not for the select few as claimed.
It seems it is just an another scam in the foray which provides false hopes to the traders and investors with unrealistic gains. As a trader, you must understand that you can gain from binary trading but there are no short cuts and you will have to have dedication and perseverance to make money. The terms and conditions on the website are also poorly written with no information regarding the promoters of the website. Neither, the website does not provide any information regarding the location of the company’s office nor it has any web chat option to ask questions.
The website has an embedded video in the middle of the front page. Now, we are not surprised that the video does not play. Below the video, the website owner claims that he had made $3.8 million in the past five years while his near and dears have made $ 2.5 million during the same period. This kind of claims is never heard of in the binary market. Such exaggerated claims were put only to make you fall in the trap.
The software claims that this project is developed to aid the traders and assist them in making money by trading binary options with 80% winning accuracy. Meaning, the website will auto trade on behalf of you with 8 out of 10 winning trades. You have to sign up for the automatic trading software and make a deposit of $ 200 to get you started. The software places an order for you and completes the transactions.
Unlike established auto Robot Software, the 300 millionaire does not have any affiliated broker, also it does not have any information or educational material for traders to gain knowledge.
The 300 millionaire website does not ask any separate amount for using its services and they are available absolutely free. The only requirement is that you will have to enroll into their website and deposit $ 200 to start trading on the website.
Deposits and Withdrawals
As expected, the website does not provide any information regarding the processes one need to adhere to in order to make a deposit or withdraw their winnings. While the website makes exorbitant claims about winning huge amount by investing in the project, it does not provide information regarding how to withdraw the money traders have made on the website.
Does that mean that website only allows you to deposit the fund and discourage you from withdrawing funds? Think…
Payouts and Trading
The website offers very generous payouts in the range of 97 percent of the investment amount, but when you initiate a trade, the platform does not allow you to see what exactly you are trading. Another important aspect is that the website has no information regarding financial transactions.
The only support system available on the website is through only an e-mail. This is very disappointing as its competitors provide a robust support system which utilizes online web chat, phone, and other available online platforms. The competitors in the field provide 24 x 7 support to their customers and provide FAQs to satiate most of their common queries.
As we could not find any positive points about the website, we searched the internet to find the various customer reviews posted on the 300 millionaire website and also on other binary review websites.
The review presented on the 300 millionaire website indicates that the website is the only place on earth which allows its clients to make enormous profit possible from the binary trading. The reviews on the website show that all customer seems to thank Mr. Michel for allowing them the opportunity to make huge gains. One of the reader says that he started off with only $ 500 and had made humungous $ 17,578 in just 3 weeks, whereas, another review has written that he quit his job as he had made $ 13,144.8 by investing $ 1,000. There are many reviewers on the website indicating and enforcing the claims of the site owner. We have never found such reviews on other websites offering auto trading facility, and on 300 millionaires it seems everyone is winning, but our experience suggests that these all reviews on the 300 millionaire website are planted and they are not real ones.
As we come to the conclusion of our review of the 300 millionaire’s website, we have revealed many secrets of the website. The website deploys all the marketing gimmicks to convince that it’s a legitimate software service provider but fails to convince us. The website claims superlative profits for their customers but fails to provide any real proof of it. It also shows that it has got the most satisfied clientele in the binary arena but they also seem planted and proves to be a hoax. The poor website design along with no information regarding the promoters behind the website makes us edgy. The website also does not provide any information regarding the registration or license from a legitimate regulatory authority. The website also has a very poor customer support system and does not provide any information about the fund handling. The non-availability of information regarding withdrawal and deposit policy, no license, no promoter information, no information regarding its affiliated brokers, and no information about the registered address has created a million doubts about the website.
Our advice to our readers is that there is legitimate software service provider who has established itself in the binary trading market with consistent performance and gained popularity with its unparalleled services. The trading software we are talking about is provided by the Option Robot. The Option Robot is associated with established binary brokerage houses like Banc De Binary, 24 Option, StockPair amongst others. Option Robot provides professional signal services with auto trading option and account opening is straightforward with their associated brokerage houses.The website of the Option Robot scores very high in terms of website design and aesthetics, also it has an affiliation with established binary brokers who have proven track records and are legitimate license holders.
Overall, we would recommend our readers to completely avoid the 300 Millionaire website so that you don’t get trapped. The trustworthiness of the 300 millionaire website is questionable and hence we recommend our readers to select Option Robot for their signal service or auto trading requirements.
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Michael Allen is the main author at www.binaryoptionrobotinfo.com. He holds a PhD in Economics and has worked in investment banking for 24 years.
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