Profit Ball Review

Profit Ball Review: The binary option trading robots have gained a special place in the binary options trading, and they have been helping naïve as well as seasoned professionals to gain that edge. The popularity of such platforms has also attracted some con artists in the foray whose only motto is to loot.

Profit Ball Review

Today, we are review one such auto-trading platform who is new in the market but it has been making very tall claims. The software we are discussing today is The Profit Ball. As always, we have investigated the auto-trading platform on various parameters to provide you with a very honest review. The following text describes the detailed review of the software.

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3Binary Option Robot – How they work in practise
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1. Your Binary Option Robot will analyse the market and decide, which asset (currencies, indices, commodities and stocks), is right to trade at that point in time.

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2. The Binary Option Robot Will Predict the Price Movement

Your robot will assess a wide-range of factors, and then make a prediction on how the assets price will move, saying: Call (up) if it believes the price will rise and Put (down), if it believes the price will fall.

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3. Decide on how much you want to Invest

Then you need to decide how much you want to invest in the commodity and when that investment will expire.

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4. Collect your Earnings

Finally, you collect your earnings (the good part!)

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The Promoters

It is a new entrant in the market and it is created and promoted by Terry Mason. Surprisingly, Terry Mason describes himself as a sports enthusiast who has managed to get the secret formula of assessing sports events. Sports events? Really? Another individual featuring on their promo video is Joshua Ethan who is a self-claimed financial analyst and co-founder of the Profit Ball.

Our investigation on the promoters to better understand their standing have resulted in a dead end. No real information is available on their website nor on the world wide web, this is definitely a big red flag for us.

In order to better understand the Profit Ball, we continued our investigation in order to find that whether this auto-trading platform is a legit or not.

The Platform

The website of the Profit Ball does neither gives that professional feel nor provides any substantial information about various aspects. The single page website boasts about the success rate of the software and claims that the users of the website can make around $ 1,000 every day. The website indicates that the app is currently available only to select individuals and those spots are about to get exhausted. As with every other software provider, the customer needs to register, select a broking partner, and make a deposit to start making money right away, the website claims.

Profit Ball

The Profit Ball app is claimed to have managed the best of both worlds, the sports and the financial trading, and have created an algorithm to accurately predict the stock prices.  According to the website, the Profit Ball software is capable of analyzing the sponsors of winning teams. As a result, they are able to accurately predict the stock movement before the start of the sale, which ultimately results in a substantial gain of $ 1,000 every day to their customers. Also, the website claims that it has been consistently making the profits for the last four years. These claims have been put on the website without any significant data to back that up. Also, these claims on the website has been confronted with their own disclosure on the website which reads “due to the high-risk nature of trading, ‘profit ball’ 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”. The convenient usage of the disclaimer on the website clearly shows that the promoters of the Profit Ball have been using the web pages to double speak.

The investigation on the platform has provided very little information and has raised several doubts about the efficacy of the software. We have enlisted the major concerns hereunder.

Fake Ownership

The promotional video on the website shows that an individual named Terry Mason – represented as the founder of the software and a sports enthusiast, along with Joshua Ethen – presented as a Financial Analysts, are the backbone of the software. However, our research on both of this individuals have resulted in zero information, also, the website does not provide any information about the registered address, the company, and the license. Our investigation on both of these individuals on the social networking sites has resulted in zero results. This makes it very clear for us that the real promoters of the Profit Ball have been using fake names and fake identity to hide.

We have seen this in many of our investigation that real people hide behind the web of names and identities. This is a clear warning signal for us.

$ 1,000 Earnings per Day Promises

The Profit Ball website indicates that the members can make $ 1,000 per day. This surely is very lucrative, but further investigation revealed that the website remains completely silent on how this gain would be made. This exaggerated claim on the website has not been backed by any data.

Though the home page of the website reads in bold about the $ 1,000 daily gains, the disclaimer of the website doesn’t seem to agree with that. The same website has two separate wordings about the software, this ambiguity is harmful to each one of us.

The home page of the website is designed to lure the onlookers to invest into their scheme of things by making you believe that you can be rags-to-riches in few days.

Profit Ball Features

Only a Few Spots!

The website of the Profit Ball clearly displays that there are few spots available today. This is a well-known marketing gimmick deployed by several service providers so that the onlookers of the website enroll right away before searching for more information about their service on the internet.

As always, our advice to our readers is to research thoroughly about any software service provider before blazing all guns.

Brokers Related

The auto-trading software requires an associated broker to execute the trade. The website remains completely silent on the affiliated brokerage houses. This is another crucial point and raises a concern that what is the need for hiding the affiliated brokerage company if the software is genuine? The answer this question remained unanswered.

The non-existence of such an important aspect of auto-trading software has added to our concerns and negatives of the website.

Theories Behind This Software

The Profit Ball app has been developed by two individuals who come from a diverse background and is capable of analyzing the sponsors of the sports event to provide an accurate prediction of the stock movements.  This is the theory presented on the website but we could not find any relevance of such theory anywhere on the world wide web. The claim of daily gains of $ 1,000 based on the above theory is indigestible.

Conlusion

The website of the Profit Ball software claims that the members can make daily gains of $ 1,000 and that too consistently, however, their disclaimer on the website indicates otherwise. The website shows that Terry Mason and Joshua Ethan are behind the software, but does not provide any substantial information regarding them. Also, the research about this two gentleman on the internet has returned no results. The website also remains silent on critical aspects like registration details, license, affiliation, theories and other crucial information. The lack of transparency on the part of the Profit Ball has created several doubts and led us to believe that the information on the website is not sufficient to trust them.

Hence, we are recommending the Option Robot, a well-known name in the binary arena who has gained its name with consistent performance and state of the art customer support system. Also, the Option Robot has an affiliation with well-established brokerage houses which also include licensed brokers. The Option Robot is based on the well-known technical indicators. The Option Robot does not make exaggerated claims on their website nor they deploy notorious techniques to lure the traders and the investors.

Overall, we believe that it is difficult to trust the Profit Ball with the information available on the internet and you should avoid it completely. If you are keen on taking the help of an automated trading software, then you should start your journey with the established brand like the Option Robot.

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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.