Review: Binary Pilot Trading Software…This Is A Scam
I originally Posted about this months ago but this scam seems to be gathering momentum so i thought I better update my review.
First Of all never trust free software …..Even the poorest of all the trading software on the market that makes even the smallest of % gains would have a high value…. so why would they be giving it away free …..And don’t fool yourself even to give it away …they will still incur high costs ..
Think of the web hosting fee… the servers to run the software and even the cost of advertising etc..
The answer ….they are either working with the trading broker to cash in on your losses or in this case i fear because of the slick sales pitch it may even be produced by a trading broker….
But its just a free Trial after that you can buy it right …
Really because they don’t actually offer any way to buy the software …There is no payment screen even in the members area ….they cant even decide how long that trial is going to last ……one screen says 90 days the other 75 …..Isn’t that a bit fishy
Binary Options Are not Great..
I have heard a few success story from comments on my sites ……but in months of trying myself I could not find any system that could predict the options movements with enough consistency to profit ….In fact i found most systems were in complete contradiction of each other ….with many teaching to trade on a rising options to continues its trend ….And other saying you should trade on that option to fall ….so I am really not convinced.. but that’s just my opinion
Many Brokers are scam
It also sad to report that there is a high rising trend of sham brokers popping up i exotic places to avoid international laws some have not been returning deposit and other were caught Showing Different Option Fluctuations from more reputable sites
I can Happily say that both the brokers listed for this software are fine …and both have E.U registration in Greece. But it does say a lot about this industry
But What is the Most Worrying Part Of This Review
Its the fact that you must enter the login details of your broker account to use this software ..Scary
- Not only are you giving the Binary Pilot s on-line software control of your money/trades ( there is no download feature, you can’t turn it off and on and you can see any of the programming)
- And trusting it will work despite there being no settings for you to manage (you have zero control, no risk setting, no way to avoid certain options..etc )
- But you are also giving who ever owns it full control of your broker account with all the personal and payment information it will contain…….WTF
Add This to the fact that you now know that they have big running costs to recoup which wont be coming from any sales …..since you are not offered any chance to buy …..
So reason alone would suggest… that this can only be achieved by earning from your losses ….there is no other way
If you Want To Trade Most Experts Would Advice you To Invest In Training….. i would advice you to avoid binary all together
Thanks for reading
why not visit my top earning Forex systems page…. you may find some product there that can help improve your trading