Scams come in many shapes and forms but in the money-making industry, they all share common denominators. Binary Bank Breaker is a scam and we’re posting this review to warn binary options and FX traders of another “so-called” get rich quick, auto trading software, the domain in question is Binarybankbreaker.com. Oddly this new software is becoming viral in the last weeks and now one of the most solicited offers sent to tens of thousands, if not more, of potential victims via email campaigns and bogus review sites promoting Binary Bank Breaker.
The first lie.. They claim that “This System Has Been Ranked As The Most Profitable Trading System for 52 Months In a Row” and on BinaryoptionsWatchdog.com we would surely like to know who gave them this award and how come the domain Binarybankbreaker.com was registered on February 13, 2015? This is just one lie but it’s incomparable to the number of lies and deceptive elements that you’ll find on the Binary Bank Breaker website.
Here is a quote that we found suspicious and amusing “In the next few minutes you will learn all about the first ever software in the world powered by a legal spying algorithm” what on earth is a “Legal Spying Algorithm”? Sounds like an NSA approved product but certainly nothing to be taken seriously. This is nothing but another money-making scheme, a fake solution for online traders who are seeking a reliable signals service, group or mentoring service and get caught up in a web of deception. For every good signals service you will find an overwhelming number of fraudulent offers such as the new Binary Bank Breaker which was just launched a few weeks ago and already became one of the most viral scams in the online trading niche. How did they manage to pull this on the industry? They gather up lists with emails of potential money-making seekers and online traders, many times in illegal ways by ‘phishing’ for your information, then they spam you with email offers until your curiosity surrenders and you decided to sign up, only to lose your money within hours or days. It’s a simple business model, nothing these scammers should be proud of as they launch these offers again and again, each time with a different domain and a slightly different theme.
Snapshot from Binarybankbreaker.com
Another promise we found to be on the ‘imaginary side’ is the “%500 returns daily”, sounds very promising but too good to be true! It’s not impossible to find reliable online trading services and we reviewed more than a few but in most cases when the promises are ‘up in the sky’ you can back down and cancel it out, click out and delete because these offers, plain and simple, are pure deception.
We strongly recommend that you avoid the Binary Bank Breaker and if you have any questions or feedback relating to this new offer, be sure to share it with us under this post. If you fell victim to this scam you are welcome to contact us via WatchDog’s Complaint Center. In case you are interested in a better alternative be sure to check out WatchDog’s recommended signals services for binary options and our list of recommended EU regulated brokers. Thank you for taking the time to read our quick evaluation concerning the Binary Bank Breaker and again, please share your feedback if you tried this software or if you have any other questions relating to binary options.