Ultra Binary Auto Trader Scam Investigation Review

Ultra Binary Auto Trader Review – There are many investment vehicles today as opposed to what there was not too long ago. The advent of the internet allowed people to make trades on assets which were thousands of miles away and in real time. This also allowed people to come up with investment ideas that would make use of the immediacy that the internet comes with. This too has allowed many thousands of people to trade from the comfort of their homes, offices while on travel and virtually anywhere where there is an internet signal, the time zone notwithstanding.

While this is a good thing, these investment opportunities have brought with them rogue platforms where their main aim is not to provide a working platform for traders but to make money off unwary traders who are lured by the promise of quick and easy money. The good thing with the internet is that people can freely publish their experiences with any investment vehicle with any interested person for him/her to make an informed choice when it comes to selecting an investment or trading vehicle.

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Ultra Binary Auto Trader/ Jacob Adams is most likely a scam, I strongly recommend to stay away from this software

One of the most popular trading vehicles today is the automated binary options trading also known as binary robots. This is where you trade your binary options automatically by the use of software provided by service providers. Here you do not have to possess too deep a knowledge in binary trading to make trades. In fact, the software, with the input of sophisticated algorithms and experienced brokers determines the best trades for you sometimes with an expiry period of as little as 30 seconds or as long as 365 days.

Ultra Binary Auto Trader

One of the companies among the many trading this way is the Ultra Auto Binary Trader. Like most of the companies using this vehicle, it is a fairly new company in the assets markets. They represent the second generation of binary options trading by offering the automated system or the trading robots.

Ultra Binary Auto Trader is a new and exciting program entering the market. Trading in binary options by yourself or even with the help of a broker can not only be a tedious affair but also a stressful one. What this program promises is to make it simpler for you by doing all the analysis and predictions for you. It will then trade on your behalf with the collaboration of approved brokers. This will remove arduous analyzing and guesswork. It promises to be a good platform for newbies or people with little knowledge on binary options.

The software

The fact that all trades are executed by the program is a big plus. The program claims to have a finger on all important financial trends globally which assists them to create the perfect conditions to make financial predictions for you so that you can put your money on an assets reaction to the various variables in the asset markets.

It is curious that the system, which if it performs as spectacularly as it is promised to perform, is being offered free of charge. The claim is that you only have to start paying for it when you are fully satisfied with its performance and that is after the expiry of the initial trial period of 60 days.

As a trader you will have the option of trading in your preferred assets. If you want to trade exclusively with Dollar-Euro pairings, you will instruct the program to stick to those trades and none other. On the other hand, if you want to trade other variables, like Euro-Yen, or any other, you have the option of instructing the program to do just that. One benefit of this kind of trading is that you can trade from anywhere and at any time. This allows you to do other things and trade when you have time to spare.

Ultra Binary Auto Trader’s software is generally easy to use and operate as it is fully automated. It looks confusing when you begin but everything becomes a little easier after that. It claims to have all advantages for traders with advanced experience and to beginners as well.

The downside of this software is that you have to download it. This means that you can only use it on a single IP address. The only option you have if you use multiple devices in the same or different locations is to open multiple accounts which might not work well anyway.

ultra binary auto trader review

Software introduction video is full of big promises, but there is no concrete evidence to back up those promises

Account creation

Signing up for Ultra Binary Auto Trader’s software is not difficult. Unlike some binary options platforms which have torturous processes like accessing registration information through their webinars, it seems easy to create your account here. While they claim that the software is free, it gives room for suspicion. This could be that the main thing is to get you signed up first and fast.

The promises

The promises that Ultra Binary Auto Trader’s website promises are out of this world! In fact, they ask you to ‘Believe it or not!’ This sets the mood for your enticement with imprinting in your brain lofty dreams of making hundreds of dollars every day with just a little allocation of your time.

They claim that in their tests on active accounts, some of whose screenshots are prominently displayed, produced the fact that 92.73% of all their trades were successfully closed. This means that you have 9 in 10 chances of making money with Ultra Binary Auto Trader. This fantastic allegation has not yet been independently verified to ascertain the veracity of such claims.

The website claims that their unique trading system determines the perfect time for a trader to make his/her money move right up to the second. They boast that their system is so advanced that NASA should have approved it a long time ago!

It would be great for Ultra Binary Auto Trader to provide evidence of traders who have achieved ‘financial freedom’ from minimizing the risks and maximizing their profits as they declare is their main purpose for introducing their product to you. This has not happened and all one is left to do is take such information with a pinch of salt.

Deception

A completely genuine company with the profits it promises need not make deceptive ads, or use deceptive methods to have people sign up for their programs. Sadly, this is what Ultra Binary Auto Trader is doing, right from their website. They will tell you how you are not doing well financially and that you can work for yourself making even $700 a week or more for just trading for a few minutes daily. They claim to be your savior from further financial worries. They even offer screenshots of trades where people are making hundreds of dollars within minutes.

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Another obscure promise from the software developers

There is also a section that asks you to quit your job because the profits you will make on Ultra Binary Auto Trader’s platform will out pay all you earn in your normal life. This is to impress on you the need to sign up. There is a section that warns you that this ‘offer’ is for a short time only. Well, the same offer has been like that for some months now which are indications that it is perpetual. It is a ploy to get you signed up as soon as possible.

These false advertising practices are used by many binary option automated platforms to grab your custom before their competitors hit you with their own mostly deceptive advertising.

Trading opportunities?

The program offered by Ultra Binary Auto Trader advises that the best way to make huge profits is by trading in the 60 seconds options. This, they say is the most effective way to make money among all the other binary options opportunities. A guaranteed profit of 75% is promised for at least 83% of your trade. This implies that for every 6 trades, 5 will bring back a profit going all the way to 75%.

When you sign up for their program, you will be able to make an investment of $200 to a whopping $2,000 with an investment of only 30 minutes trading in a day. This will look very attractive to anybody, especially when they add the sweetener that you can also have the opportunity to have access to the software for free forever.

Ultra Binary Auto Trader seems to be more concerned with 60 second options rather than embracing all options as would be preferred by their clients. This seems to alienate some traders who may not feel like they are getting the support they need with their longer term options.

ultra binary auto trader is a scam

Another thing you will find from the website are photo-shopped account balances

Support

Ultra Binary Auto Trader has an email support system which is supposed to cater for all your enquiries about trades, predictions as well as matters to do with your account and the investments there in. This is supported by a text alert for trade suggestions. It would have been a whole lot better if there was a telephone support system for urgent matters such as suspected fraud or irregularities. It could also be essential in case of the need to seek information about the choice or change of brokers.

Conclusion

A careful study of Ultra Binary Auto Trader, its software, its trading opportunities and the fabulous rewards it promises does not instill confidence. This is because some of the promises you will be showered with to help you get signed up fast are not attainable to the trained eye, or that of anybody with more than just a little knowledge of how the markets, leave alone binary options trade.

If you are expected to make profits in 83% of all your trades, Ultra Binary Auto Trader would by now have been saturated by investors, both individuals and corporate to invest their money for them. There is a very little possibility that something genuine will earn you all the figures they promise legitimately. Investors need to be very cautious with this platform because the risk of losing all their initial and subsequent investments is very real.

There being nobody who has come forth to substantiate all their unbelievable claims tells a lot about what you should expect from them.

What to do?

The first thing you need to do is to be patient with your process of selecting the best binary options robot to make your trades with. Anybody who promises unbelievable returns and is still looking for clients should be avoided at all costs. This is because such claims bear the hallmarks of affiliates who stand to gain more than traders when you sign on to such platforms.

A program like Binary Options Robot is what you need to make the right investments. Clients from all over the world are satisfied with this software and continue to make profits through their well-researched, developed and maintained platform. Binary Options Robot is fully licensed in a variety of jurisdictions and is safe to trade with.

Many reviews by active traders reveal the high level of professionalism exhibited by the program developers from the trades to their valuable and helpful customer support. Their endorsements are a testament that the program works and works well too. The account creation procedure is among the simplest and most straightforward of all automated binary options trading platforms.

Many newbies are apprehensive of joining this automated trade for fear of losing their investments. Many others have had their fingers burnt in other scams masquerading as binary options trading platforms. The good news is that their troubles come to an end the moment they sign up with Binary Options Robot. The straightforwardness of their account creation, operation, trading and the transfer of funds is a godsend to beginners and a major advantage to seasoned traders.

With their fingers on the pulse of all global markets, the return on investment for all traders is high and genuine. There are no hidden costs here.

Brokers have been the bane of many binary options trading platforms. Binary Options Robot engages the services of brokers who are experienced, full of integrity and professionalism and those that are seeking to constantly improve themselves. This allows Binary Options Robot to give their clients unparalleled service enabling them to change their lives through true financial gains.

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References and Further Reading

Social Computing, Behavioral-Cultural Modeling and Prediction: Ariel M. Greenberg, William G. Kennedy, Nathan D. Bos

Regression methods for pricing complex American-style options: Tsitsiklis, J.N. ; MIT, Cambridge, MA, USA ; Van Roy, B.

ON MULTIGRID FOR LINEAR COMPLEMENTARITY PROBLEMS WITH APPLICATION TO AMERICAN-STYLE OPTIONS:  C. W. OOSTERLEE

Pricing American-style securities using simulation:Mark Broadie, Paul Glasserman

Valuing American Options by Simulation: A Simple Least-Squares Approach:Francis A. Longstaff and Eduardo S. Schwartz

Analytical Valuation of American-Style Asian Options: Asbjørn T. Hansen, Peter Løchte Jørgensen

Michael Allen Gives Overall Rating:

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.