Pro Binary Robot Scam Investigation Review

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People like a new thing, especially when it promises good returns with minimum complications. This is what is behind the many binary robots start-ups you are seeing today. Their main attraction is that you can trade in binary options without having to have a deep knowledge of how they work. In fact, some advertise the fact that you do not need to know anything about binary options. All you need to do is sign up and wait for the signals to trade.

What happens is that the binary robots do the analysis and then predict the most likely movement of pairs of currencies. You are then expected to make the trend according to the predictions and you make your money if the trade is positive. These programs are sold to willing buyers who are sometimes expected to register with brokers and then trading begins. Some are more expensive than others but the profits are good if the robots deliver all they promise.

pro binary robot review
Pro binary robot is not trustworthy software. I strongly recommend to stay away from this application

Many traders who had jumped into the online forex trading bandwagon at its height found the going really challenging owing to the complexities involved in making the correct predictions. Binary robots were the result of these complexities and many were developed with the need to solve this problem in mind. This means that as a trader, you don’t have to spend all your time tracking global financial trends to be successful in binary options trading.

For beginners, the binary robots offered an escape route from the complex binary options trading. This exodus has led to more binary robots being set up to take advantage of these type of clients and new ones. Unfortunately, scammers always look to find money where it is in plenty, and where a new thing is making all the financial headlines. Some of these robots are scams and you will probably never make money with them. The trick is to be really diligent when selecting the program you will be trading on. Many unwary clients have fallen into the trap and lost lots of money.

Pro Binary Robot

This automated system in binary options trading allows you to do your trades when riding on a preferred broker’s website. Bobby Benson has claimed that he makes millions by trading in stocks as well as forex markets. He trains traders on how the Pro Binary Robot works. He will show you how you can make as much as $957 every day without breaking a sweat. In a few months, you will be making hundreds of thousands of dollars in profits if he is to be believed. For a system that claimed to be free, this is a substantial amount of money within a few months of joining and this should be taken with a pinch of salt. Caution should be exercised when dealing with such a robot.

The first thing you will notice when you try to search for their website is that Pro Binary Robot does not rank very highly in all search engine pages. This is probably due to the scant information available from their website. Of late, they have on their homepage the information that they are not taking in anymore members. The curious thing is that there are reviewers who are still asking people who want to make money quick to sign up through their sites. These are probably brokers who are out to make a killing as well.

Caution cannot be overemphasized when the main site claims they are not taking in more members while openings to the membership are still open on other affiliate sites. This could turn out to be a full scale scam or the makings of one.

pro binary robot scam
Pro binary robot is advertising their site as “invite only” but this is most likely just a gimmick to get peoples attention

The program

When people get to their home page, the first thing they find is a video that they had to watch before anything else. This video makes grandiose promises, like the fact that you can earn between $5000 and $7500 a week from trading profits. This is supposed to be the earnings everybody should expect from fresh newbies to experienced traders. While these promises by the software developers are very inviting, it is very difficult to actualize them in actual fact.

To trade with Pro Binary robot, you have no choice but to be registered with a broker of the developer’s choice. Some of these brokers are not the widely known but shadowy figures who you would suspect are the developers themselves working as brokers. To have the software released to you, you will need to have that registration first and there is no other way. The interesting fact is that you will have very scanty information on the software you are signing up to and you just have to trust them that all will be well when you start trading. These are dangerous waters to tread and your likelihood of losing money is very high. You would expect some education from the program developers before and not after signing up.

It is difficult to trust anybody who promises big houses and a dream lifestyle just a short time after acquiring their software. Most of these software developers who promise out-of-this-world promises almost always end up proving to be scams after some time. All these dreams you had when signing up may end up in smoke together with your investments.

The software

For beginners, this is not a recommended program. This is because though the program does all the hard work for you, you need to have an insight into the workings of the binary trading systems. This you are not likely to find here. You need to find a robot which gives you relevant info about what you are getting in to. Pro Binary Robot’s algorithm does not seem any different from the other common ones. The difference comes with the fantastic promises you are offered for using the software.

The claim by the software developers is that their multitudes of clients are earning profits in the regions of between $400 and $550 every week. These are very high figures by any standards. Considering that you make all this money automatically, without lifting a finger is enough to warn you that there is something fishy going on here. While finding information on the operations of this software is difficult, it is important to take this information as a further warning to be cautious if you find their pitch agreeing with you.

This software is being offered for free. You don’t even have to pay a cent to be registered with a broker. That is a good catch right there intended to make you feel like you are already gaining even before you start trading. The main binary options trading robots have at least a small fee which is intended to make more modest profits than those being touted by Pro Binary Robot. This should of course have some degree of suspicion.

Quite an experience..would that be a little exaggerated?
Quite an experience..would that be a little exaggerated?

What traders are saying

For every review saying very positive things about Pro Binary Robot, there are three or more traders who are very disgruntled with the program. The common complaint is that what is promised and what is reality are two very different things.

Pro Binary Robot has really put up a good introductory video. It is high quality and highly persuasive in a subtle way to make you feel like you should have signed up months before you ever heard of the program. It shows you what you have been missing. The video posts what traders say are fake accounts raking in millions of shillings to entice you to join in. They will tell you all about the great things you can do with all the money you make at Pro Binary Brokers.

One common thing about these traders is that they all lost money! All the thousands of dollars and millions in the long-term was a lot of hot air. Remember, these are only the traders who have come forward to report on this problem. There are many more, probably thousands who lost lots of money but they are keeping silent obviously embarrassed at how all the red flags that were flying in their faces were invisible. Some claim that they lost their money less than ten days after depositing their initial deposit of $250.

One way to find out if the binary brokers you are working with are straight or crooked, is to compare the currency prices they are offering with the actual rate in the financial markets. Look for reliable sources of information on global currency markets and compare to what your binary broker is offering. If there is a discrepancy, you can be sure that you are dealing with scammers who can make you make profits or losses whenever they want. Stay clear of such brokers and the programs that they work with.

Other traders complained that support is lukewarm, especially when you have started making losses and you are certainly looking like you will lose all your investment. Getting you to send the initial deposit is what really matters to them. Getting you to sign to their preferred broker instead of one of the binary brokers you prefer is a sure way of keeping you out of the trading proceedings completely.

pro binary robot login
To get access to pro binary robot, you have to sign up to broker of their choice. This is clearly a huge red flag

Conclusion

All the pointers from all the information gathered point to a suspicious outfit whose operations should not be trusted wholly. The fact that there is scant information on what actually happens is a good place to start having your doubts. You need information in its totality if you are going to trust a software developer or a broker with your hard-earned money.

The second red flag is that the website is not well ranking in the search engines. You would expect a legitimate and successful company to make sure that it is at the top of search engine result pages. On the contrary, it looks like the developers are deliberately keeping a low profile so that you can find it a surprise and sign up before competition rises. You will be intrigued by this hidden gem and you will want to make the thousands of dollars right away.

The fact that you will be registering with an unknown broker is also a point to note. It would have been better if the program would be compatible with the websites of the brokers you trust and allow you to trade with them. These will be brokers with whom you have made money with and withdrawals support and signals are as they should be. You will be sailing into unknown seas when you sign up with a broker only known to the software developer and nobody else. This gives room to manipulation and under hand dealings.

What you need to do

Finding a genuine binary options automated system is difficult, but it is not impossible. This is because there are genuine companies out there who will make a difference in your finances with drama and without promising unattainable profits.

Binary Options Robot is one of the leading binary options automated systems that there is today. You will find all the necessary information that you need before you sign up with them. This means that nothing is hidden and that your gains are guaranteed.

At Binary Options Robot, your privacy and security are guaranteed. This is because they only use approved money transfer channels and safe withdrawals and there is also a strict and comprehensive privacy policy that is adhered to at all times and to the letter.

Why would you register with unknown brokers? Binary Options Robot only deals with reputable brokers who have been performing well consistently for a number of years. They are also of good reputation when it comes to handling clients’ funds. This means that you have the freedom to take your mind off the security of your investment and concentrate on making trades that pay. Joining Binary options Robot for your binary options trades is a sure way of making money.

With a 24 hour guaranteed customer support, help is never far away and you will be assisted with whatever need you may have at all times.

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Author: Michael Allen

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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