About The Website
The website not only provides some luring investment options types but also provides education material to enhance your knowledge base. The website claims that their resource center is apt for beginners and professionals to get the edge in the market. The website also claims that it provides automatic stop loss facility through the risk management tools, along with placing an order well in advance and the software will execute at your preferred strike price. Not only that, the website claims that it has a dedicated support center to aid you in every walk of trading on the platform. However, the only option to get the help of the customer support is only through e-mail so I am still confused how in the world they are going to provide instant support.
The website also indicates that unlike other auto-trading software which charges up to $ 2,400 annually, the Tratika is available absolutely free for the first 500 testers and they will be shutting the doors once the number has been reached. This is a classic marketing technique deployed by several of such software service providers, who are eyeing the customer’s fund and nothing else.
Tratika Platform 2
The website also claims that it is dedicated to providing licensed and regulated brokers for their customers, but when we tried to test that we were hooked to one of the unlicensed broker. So where did the home page promise go? Also, the risk disclaimer of the website states that “due to the high-risk nature of trading, ‘Tratika’ explicitly does not make any express or implied warranties or guarantees that users will make any profit or that users will not lose any or all deposited investment funds’. This says it all, as the claims made on the first page has been denied in their risk disclaimer and customers who do not have reading every aspect before entering an agreement will have a high chance of regretting afterward.
Our investigation on the Tratika Auto Trader has revealed several aspects of the website and has created several doubts. The questions which remained unanswered during our investigation have been enlisted hereunder:
Who is The Promoter?
After researching the entire website, we were unable to find the ‘Name’ of the promoter or the developer of the software except for tratika.com. This is new as in most of our investigation we have found that people use some fake name to hide, but here the case is absolutely different as there is no name behind the software.
This is a new technique used by the Tratika, instead of hiding behind some fake name they are hiding in the bright light.
Is Tratika a Duplicate?
While researching on the Tratika Auto-trader we have come across another website named “Trader Buddy” which has almost 100 percent resemblance, even the words and techniques illustrated in both of them are the same. We still wonder that which one is the original one. This is really scary, as notorious individuals have been creating a website after website to attract the naïve traders and trap them in their scheme of things.
Is Time Running Out?
The website’s home page prominently displays that unlike other websites which are charging $ 2,400 annually, the Tratika is available at no cost. The website says that “hurry, you must act fast” and adds that it is considering of taking only 500 beta-testers for their initial launch. Our simple submission is that if they are still in the initial phase of launching the software and seeking beta-testers then how in the world they have come to a conclusion that their software is profitable for the traders.
This is another aspect where the Tratika talks a lot but provides none. The website on their homepage says that they have affiliation only with the licensed and regulated brokers but sadly, it does not provide a single name of their affiliated broker. It clearly means that they are using the words to attract traders without providing proof of any affiliated binary broker.
Which Trading Strategy Tratika Is Using?
The website of the Tratika talks nothing about the principles behind the software. It remains absolutely silent on the theories used by the software. The explanation on the website is very vague and superficial which adds to our doubts. It seems that it is aimed towards naïve traders who doesn’t understand anything about the binary trading and it aims to attract them with articulated words.