This one really did come as a surprise to me because at first glance the Binary Robot 365 seemed like something that I may consider trying. They have definitely taken out all of the typical telltale signs of a binary options scam and make their promo website far more convincing. This, perhaps, is what makes this a very dangerous scam. See, if you go solely by what they present you in the website, surely, anyone would be convinced. It isn’t until you do a bit of research and read up on the system that you realize that it is just a very well put together scam.
Product Name:Binary Robot 365
Official Website: binaryrobot365.com
Minimum Deposit: $250
What worries me most about this scam is that they really have put in a lot of effort to make it seem like its legit. They have also invested a lot of money in external marketing such as fake reviews and even some comments (which, by the way, can easily be pinpointed in various review sites). Rather than putting their efforts into making fake promotional videos and flashy marketing, they have opted for “honesty” and information. Only, it only looks as if they are honest, because they are far from that.
There are no absurd promises of profits and auto-play videos. They even have a checkbox to agree to their terms when you sign up. Only, it would have been nice if there were actually terms attached to the link and not an error page. Still, they have put in effort to make it look more serious and legitimate than most scams we see these days.
What is the Binary Robot 365 Scam?
Well, they have definitely gone through some trial and error phases before perfecting their website. Reading some of the older reviews of this scam, it looks as if they have taken note of some of their mistakes and fixed them. Such as using recycled images from various other scams for their testimonials and users.
Since then, their list of user now have only general images to represent them, a smart move on their behalf. Seeing the kind of profits they are claiming, in comparison to the number of trades, and their win rate, the numbers just don’t seem to add up, though that all depends on their minimum investment per trade. Taking a look at the very first example, the number of trades and profit seem a bit out there, especially for a win rate of 67% where the minimum investment per trade is $25 as with most brokers.
This automated binary options robot is nothing but another scam. That is obvious if you do a bit of research. But, they definitely chose their words wisely to advertise it in order to convince you that they are not desperate for your investment, as is the case with the other scams out there. Rather than guaranteeing absurd win rates, they have opted to still say the same, but worded differently with an impossible up to 90% win rate. This doesn’t make the statement any more factual than when the other scams guarantee an impossible 90% win rate, but it does sound much better. Now, I think it’s very clear by now that even the 80% win rate is an impossible feat with a binary options robot.
Though they advertise that they give you lots of features, in reality, it’s not really all that much, or even more than the rest of the scams out there. Though some of the fake reviews out there claim that there is a demo account that you can try the system with, there is zero mention of such existing anywhere in the website.
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Another lie is the fact that you can “choose” your broker. The truth is, you get no such opportunity. You are made to believe you have a choice, but your broker is pre-selected for you. You are told you have a variety of broker options, but you cannot actually select your preferred broker even IF they cover your region. The broker I was assigned wasn’t even in the little scrolling list of brokers.
See, unfortunately, I was unable to actually get to the system because their registration form seems to have a problem and would not accept any password put into it. Still, the website offers more than enough.
What Traders are Saying about the Binary Robot 365 SCAM
Aside from the complete lack of transparency and truth anywhere in the official promo website, the best way to find out if a software is worth your money is to dig deep in the forums and research. Though there are plenty of fake reviews and comments out there, you can find plenty of real ones that share proof, facts, and information that proves beyond a doubt that they really have been wronged by a scam.
One place you will not find such comments is on positive reviews as they are very carefully reviewed before actually appearing under the articles, which is why the forums are the best place to go. I have found some serious discussions on this scam, and how people have not only lost their entire investments in a matter of days, but the brokers that they were assigned refused to give them withdrawals when they realized that they have fallen for a scam. There is zero contact with them once you make your investment, and the broker is less than helpful if you are using software as that takes all responsibility off their hands. All in all, if you have invested your $250 (or whatever the minimum investment is with the particular scam broker you were assigned), don’t count on seeing it again.