Clicktrade App’s Promises and Features: True or False?
The software makes so many mighty promises and puts forth several giant features. These are all aimed at convincing the trader that it is the most valuable and lucrative platform to sign on to. To verify these promises and features, a thorough research was undertaken and some real facts were uncovered.
1. Free (or fake) Trial Version
What the software’s creator did not come out clean to tell users is that there is actually no trial version and no free $250. What the trial offer button led to when clicked during the course of this research was a demo account. The demo account was even a fake. So you will never see the free bonus anywhere in real life.
2. ‘Free’ is actually ‘Not Free At All’ Most Times
The website says the software is free for you to use once you sign up. It says you do not need to use your credit card. But what most people do not take note of is that it says, ‘when you sign up’. What that translates to is that you cannot actually use the software from the member’s area after signing up until you pay the initial deposit of $250. So much for the software being ‘Free’!
Clicktrade App Statistics
3. Two Unreal Years of Existence
The ‘supposed’ creator says it took the team of the best programmers and market analysts in the world which he assembled, about two years of hard work to finally perfect the software. His displayed trading account showed the app had been in existence for two years. But a simple look at the app’s website whois by this research discovered that the website was just registered in February, 2016.
4. The Smartest Non-Existent ‘Algobitex’ Algorithm
The supposed ‘smartest Algobitex Algorithm’ claimed to be used to make trading lucrative by the software is non-existent. The term seems to have been coined just to impress inexperienced traders. This research went through binary options trading forums, business forums, relevant online resources and even the father of all resources; Google, and nothing like it was found or even heard of.
5. Unrealistic Daily Trade Profits
The creator claims in the promotional video that the software can generate profits of between $1500 and $5300 for traders every day. This is a very big exaggeration. Even the current most popular and trusted binary options trading software in the market do not generate that much for traders. The claim is just a bait to lure traders into signing up to the platform.
Clicktrade App Features
6. Trust Logos Can Be Fake
There are logos underneath the sign up form field and the promotional video on the website. They are those of popular and trusted brands. They were put there to create an atmosphere of trust for the software. But this research discovered that all the logos were not clickable. A visit to the website of the brands also showed no sign of any relationship with the app. This means that none of the trust logos could be verified as legitimate.
7. Members and Their Earnings
The claim that the software now has over 1000 members each making not less than $1000 on a daily basis is false. Do not forget that this claim and that of those hitting the $3500 daily mark is made for using the app in auto mode. This will never happen in a global financial market that is now so fast-paced and especially the binary options market that is so volatile.
8. Over-Hyped Accuracy Level
The 90%+ accuracy level claimed for the app is very unrealistic. Remember that this accuracy level also goes for traders with no trading experience whatsoever according to the website. There is not legitimate, popular, tested and trusted system that has ever given that kind of accuracy level in all the history of binary options trading. The financial markets can hardly be predicted accurately and binary options are very volatile investment tools. So, consistently generating profits by placing only winning trades every time is very impossible for any software.
9. Limited Quantity of Trial Version
The website claims that the number of the trial version of the software available for traders is very limited. This is just a trick to create an impression of rush so you can promptly go for your own. But like has been mentioned, it is just a demo account meant to fool you into believing that you are making profits. You then ultimately open an account and pay the initial minimum deposit of $250 only, to lose all of it with just your first few trading activities.
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