Navstar Trader Robot Review: Binary options trading no matter with or without a binary robotalways involves a lot of risk, especially if the market is too volatile and unpredictable. This is the reason why there are so many automated binary options trading software being offered online that claims to minimize the risk and provide the traders with bigger returns and profit. Navstar Trader is one of this binary options trading software that is meant to help traders in their investment opportunities. Before signing up or downloading any software, it is smart to do background research about the company to find out if it is legitimate and secure. Today, there are so many binary options trading platform offering software that really doesn’t do anything but get your money. This review can provide an insight on the app and help you decide whether it is a good place to invest your money.
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Navstar Trader Robot is a binary options trading software that was developed by Ethan Harrington. This software promises to deliver huge returns and profits that can reach up to $344,000 per month. With this amount of money, your dream of financial success and freedom is finally within reach. As of June, 2016, it is accepting beta testers for their software. The cost to download and use the software is free; however, there is still a minimum deposit of $200 when you are getting a broker that is affiliated with the software. There is a money back offer of 60 days.
The Navstar Trader system is also fully automated and it requires no trading experience for the users. It boasts of having a 97% accuracy with the system’s winning signals and predictions. When you earn your profit, the software will just require you to pay 1.5% and you will have to pay it within 7 days after the invoice is sent to your email.
Who Is Ethan Harrington?
Ethan Harrington is a self-made millionaire from Boston and he is the CEO of Navstar Trader Robot. If you’ve seen his promotional video, he informs the viewer about who he is and how he created the Navstar Trader software. According to Mr. Harrington, he was a former technical architect at NASA and he was working on the Navstar GPS project. He doesn’t know anything about binary options trading, until he reconnected again with his best friend, Zach, who is a financial trader on Wall Street. Ethan found out that his job at NASA was not paying as much as what his friend Zach was earning from binary options trading. They discussed their work and decided to start their own business by combining their expertise to create a system that they called Navstar Trading. Before offering the software to the public, he invited ten random people to become beta testers. Ethan said that all the ten beta testers became millionaires just by using his software. He is confident that his binary options trading system can deliver a minimum of $22,000 per day.
How Does Navstar Trader Robot System Work?
According to Ethan Harrington, his software utilizes a computer algorithm that resembles a satellite that is orbiting around Earth. The main goal of this binary options trading system is to help users in their trading investment with lesser risk than the traditional trading practice. Traders using this system have a higher chance of winning and predicting the binary options trend of their respective options. The computer code embedded in the Navstar Trader system is capable of analyzing the direction of a particular asset’s price and its impact on which direction it would take. This system allows the trader to always win and earn profits because it provides good signals that you can follow every day.
Since you have the choice to make the system automated, you no longer have to place the Call or Put options for the trades because the robot will do all of them for you. The only thing you have to do is check the market for any news that might affect your trading decisions. You just need to keep updated with the latest happenings around the world and also in the trading industry. Keep in mind that auto trading robots follow a certain code of action or algorithm, but they are not capable of predicting the human aspect of the market trends and fluctuations. You can still rely on the robot to deliver winning trades for you. However, you also need to check the market for any problems that may affect the trading community.
Joining the Navstar Trader Robot
Navstar Trader is always saying that their software is free to download and free to use. It’s true that you won’t have to pay any fee to use their binary options trading software. You need to visit their website in order to join and download the system. However, upon joining, you will then be redirected to one of their affiliated broker. The choice for getting a reliable broker is very limited. You also have to be careful because many of these affiliated brokers are not licensed and regulated. Before signing up and sending your initial deposit, do your research regarding these brokers and find out if there are any previous complaints about their services and practices.
If you join the Navstar Trader, you will be asked to make a deposit or fund your account so you can start downloading the software. Once the download is finished, you can already start using the system and begin your trading. By choosing an automated robot system to send wining signals, you can just follow the system robot’s recommendation. The system is easy to download and install in your desktop and you don’t need any technical skills to get started.
When the robot sends a signal to place a trade on a particular asset, your next step is to go to your binary options broker and provide the exact trade that the software suggested. All you have to do is follow the winning trading signals being delivered to you by the system.
The Robot App
The system is fully compatible with Windows, iOS and Android. The interface is user friendly and it doesn’t require any technical skills to understand and use the system. Since you can use it in your mobile phone or tablet, you can start trading anytime and anywhere you like. You are not confined to your desktop. Since downloading of the app is free, you don’t have to worry about paying any fees.
The Navstar Trader Robot Website
Their website is NavstarTrader.net. Some of the information we found online says that you can download their system by visiting the website. However, we tried visiting the website to get some more information about the company and their system but the website doesn’t seem to exist at all. If you type the navstartrader.net, the page that would appear only has some links about online trading, market trading, binary trading and so on. There is no information about Navstar Trader Robot, which is very disappointing. In order to establish the credibility and reliability of a binary options trading software, it should have its own legitimate website with complete information about their company. The website only shows related links and listings that don’t have anything to do with the software.
It is a bit surprising that Navstar Trader has a vague website but they still have their own customer support. Their customer support is friendly and accommodating and they are always available to answer any of your questions regarding the software.
The signing up and application process is quick and easy. The people behind the software don’t want to complicate the process so more people can join. Also, there are no forms to sign up or any complicated processes in order to download the software. Once you’ve signed up and funded your account, you can click on the link provided and download the application within minutes. When you receive the signals from the Navstar Trader Robot, you can start trading immediately.
According to Ethan Harrington, the software utilizes the satellite technology. This advanced technology allows the transferring of data to become much faster and efficient. Processing and analyzing data and information is also much quicker. We found that other binary options trading software are also using this so-called satellite technology. So, this means that this is not the only one using this state-of-the-art technology.
The application is being offered to Windows, iOS and Android users. This also means that you can check your signals and make your trades just by using your smartphone or tablet. You don’t have to go back to your desktop or laptop just to make your trades.
97% Maximum Return
The maximum return of 97% is very tempting, especially for traders who are fed up of losing money and making the wrong decisions that lead to negative profit. Their maximum return is also higher than most of its competitors and other automated binary options trading company today. Higher returns and fewer risks mean profit for the traders.
Navstar Trader Only Trades If Profit is Guaranteed
The software powered by an algorithm code that ensures high winning percentage and profit for the traders. According to Ethan Harrington, CEO, the database is updated every few seconds, which means that you always get the most profitable opportunities for trading.
No Information On Website
As mentioned earlier, it is necessary for this type of business to have its own website with information about their services and the company. The software should provide more information about their business and establish their legitimacy. It is very difficult to trust a company that only offers promises that may not even be true. We are not jumping to any conclusions that Navstar Trading is not a legitimate company. However, this lack of information and transparency about their company and how they run their business is really a huge blow to the credibility of the company. They should start rebuilding their website and provide more details about their software in order to gain the trust of many doubtful traders.
This is a recurring problem for many automated binary options trading platform. They keep forcing their users to choose brokers that are only affiliated to them. This wouldn’t have been a major issue if the brokers they provide are regulated. Many traders avoid this type of setup because of the limited choice for these affiliated brokers and reports that some of them are unregulated. Once again, this makes it harder for traders to trust their robot.
Claims of Huge Payoff
Some of the best binary options trading software make only $800 per day. These software claims to make $22,000 per day, which is simply too good to be true. Most experts believe that it is impossible for anyone to earn that much in a single day through binary options trading. This outrageous claim certainly raises a lot of questions regarding their software and the methods they are using.
After my research regarding Navstar Trader Robot, I cannot really say for sure if I can fully trust this binary options trading software. It is too risky to invest your money on the software because of the lack of transparency on their part. There is no proof that their space age software technology exists in the first place. It could just be the same software that every other binary options trading platform are using today. Also, when someone claims to earn a huge amount of money in just one day, it always raises a red flag. There are so many negative reviews and comments on the internet regarding Navstar Trader Robot and it is hard to ignore the testimonials of the unsatisfied users. If you really want to use a legitimate and trustworthy automated binary options trading software, then I suggest that you check out OptionRobot. You can visit their website to learn more about their company and their automated trading methods. OptionRobot is very reliable and they don’t sell empty promises to their customers.
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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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