Cogni Trade Review
The first and foremost thing which we look out for in any brokerage or signal service provider is about the promoters of the company. The promotional video on the website shows that Cameron Doyle is the brain behind the software and the website, and he claims that he is an ex-IBM and current CEO of the Cogni Trade. Further digging deep into the website to know the whereabouts of the company has resulted in the dead end.
Also, our research on the internet has also thrown no results informing the location of the business or about Cameron Doyle. We could not establish from any source the correctness of Cameron’s claim of him being an ex-IBM. This is a clear warning signal as indicated in several of our articles. As there is no information regarding the company, there is no information about the registration and licensing details. We further investigated the Cogni Trade to know more about the software.
How Does it Work?
The website shows a fancy yacht under which golden words from the Cameron Doyle has been written. It indicates that he has made millions using the Cognitive Computing Technology, and the big boys at the wall street know about this but will never reveal as they talk it behind the closed doors. The website claims that the software has performed tremendously since the beginning, and the total profit count has climbed to $ 136,650,100. It also claims that with a success rate of 95.2 percent it is the holy grail everyone is looking for.
As indicated in the promotional video of the website, the software is designed to find the most profitable opportunity in the market and provide signals with 95.2 percent accuracy. The software uses state of the art technology to provide signals as soon as it senses an opportunity in the market. The website also guarantees that a minimum of $ 1,500 per day can be made by utilizing their services while the large payouts are also possible. It further adds that they customers have made as high as $ 16,000 in a day.
The customer needs to enroll themselves on the website, select one of the affiliated brokerage houses and make a deposit to start trading on the website. The website indicates that it has been designed with a cutting-edge technology of Cognitive Computing Technology which is available with the select few in the world. It can process tons of data in real-time to search for a profitable opportunity in the market and when it is 100 percent sure about the opportunity then only it sends signals to their clients. The website also boasts that it has an impeccable accuracy of 92.5 percent which makes their registered members make $ 1,500 daily. However, these tall claims have not been backed by any data nor the website’s disclaimer page.
On the homepage of the website, it uses “guaranteed $ 1,500 daily” whereas on the disclaimer page it states that “due to the high-risk nature of trading, ‘Cogni Trade’ explicitly does not make any express or implied warranties or guarantees that user will make any profit or that users will not lose any or all deposited investment funds”. We leave it up to you to decide the trustworthiness of a broker who “Guarantees” on the homepage and “disowns” the same on the disclaimer page.
Cogni Trade Accuracy
One of the prominent features of the promotional video is that it uses the real people like Dharmendra Modha, Manager, Cognitive Computing, IBM Research, and Eric Brown, director, Watson Technologies Research. We are sure that these individuals name and faces have been used to allure the naïve in the market, also, the “bytes” of this gentleman has been picked up from the YouTube videos and without their consents. This clearly means that the real promoters are not afraid to use the faces of known personalities to disguise the onlookers.
The promotional video also shows some of the customers boasting about the software and its success rate. However, our research to find the genuine review on the world wide web have ended without a result. This clearly means that the faces used in the promotional video to boast about the software are fabricated and are far from the reality.
The investigation on the ‘Cogni Trade’ has revealed several aspects of the software, website, and the promoters but there are still some concerns which remained unanswered, and we have enlisted hereunder for your consumption.