Binary Trading Experts software is a relatively new binary options scam to hit the market. We usually would not even concern ourselves with such a horrible program. Trading systems such as this one, which are so ludicrously bad, tend to fizzle out and die within just a few days. However, for some reason, people have been falling for this load of utter nonsense time and time again. We have already received tons of complaints from people who have had issues with Binary Trading Experts scam software.
Simply put, people have been getting robbed and their money stolen by this highly fraudulent program. The presentation video for this cash grabbing scheme may start out in a good way, saying that there is no such thing as a get rich quick scheme. Yet, as soon as that is done being said, the Binary Trading Experts app claims that it is the next best way to get rich quick.
These guys are obviously playing us for fools, lying to us, and are trying to deceive us into investing our money with this pile of junk trying to pass off as a legit trading service. Yeah, binary options and Forex can be very profitable and lucrative, but not when you use a bad trading service. This is a really bad trading service, which is why we are here doing a Binary Trading Experts scam review. This is a very dangerous program and you need to know all about it.
Who Is Behind The Binary Trading Experts App? – CRIMINALS!
The man whom we are led to believe is the mastermind genius behind this program goes by the name of Travis Cane, a suspiciously inconspicuous name if you ask our opinion. He starts out by telling us that he is a smart guy with big time common sense.
He claims that there is no real way to get rich quick with binary options and that the best approach to making a profit is by using common sense. Funny enough, right after he says this, he proceeds to show us his 10 million dollar home, his model wife, and his Lamborghini. For a guy who says that it is impossible to make millions with binary options, it sure is odd that he shows off his millions of dollars that he claims to have made through binary options trading!
He claims to be an overnight millionaire and he did it with Binary Trading Experts, both things that we simply cannot believe. Travis then goes on to introduce us to some guy named Michael, who is supposedly his business partner. Michael goes on to talk about his “students” who are even shown throughout the video. Anyway, the both of these clowns spend the next 15 minutes talking total crap, stuff that neither you nor us need or want to hear.
The most obvious sign that this Experts software is a total rip off is that we never actually get to see Travis Cane or Michael in person or on the screen. Both of these guys are just voice narrators. One rule of thumb when dealing with these BO presentation videos is that you should never trust one where the leader or head authority figure never shows him or herself. This is a really easy way to hire somebody, create a scapegoat, and have people like us never be able to confirm or deny their identities. Well, just to be clear, the fact that Michael does not have a last name is already more than enough to scare us away for good.
However the real kicker is that we did try to confirm the identity of Travis Cane, but of course, aside for relations to Binary Experts scam software, we could not find a single thing about him. Listen, both “Michael” and “Travis” are paid actors being compensated a couple of measly bucks to do a voice over narration with the world’s lamest script. They are not real people, they know nothing about binary options or Forex, and they certainly are not the people running the show here.
Binary Trading Experts App – Profits
On the home page, we are told that this program can easily generate $250 per day. Keep in mind that Trading Experts software most likely does not allow you to make a profit either way.
Binary Trading Experts Software – MORE PAID ACTORS!
Yet another clear indication that Trading Experts is a total rip off comes in the form of even more paid actors, you know, except for Travis and Michael. Anyway, during the presentation video, we are shown 4 “students” which Michael, the phony bologna actor, is teaching to use this piece of software. Their names are allegedly Paul, Amanda, Charlotte, and Peter. Don’t worry yourselves with their last names, because apparently they have none, you know, kind of like Cher or Madonna.
Like that is not already suspicious enough. To get to the point, we did some snooping around on websites like Fiverr.com, where you can hire all of these crappy actors for next to no cost, and we found something very interesting. More than one of these people has a profile on that same site. In other words, every single person you see in this video is a paid actor. TALK ABOUT BEING UNTRUSTWORTHY!
How Is Binary Trading Experts Scam Software Supposed To Work?
Another red flag that popped up is in relation to how this program actually works. We are told that Binary Trading Experts software only makes trades which it deems to have a 97% probability (or higher) of being winners. This by itself does not sound so bad, but the problem we have is that we are never told how this software makes that decision. How exactly does it determine which trades have what probability of winning?
We don’t know and we have the feeling that neither do the people who are running the show, whoever they might actually be. The point is that we are never informed of any underlying trading strategies, methods, or algorithms which determine the probability of a trade being won. More or less, a monkey has a better idea of how astrophysics works than we do about the inner workings of Binary Trading Experts scam software. If we are expected to invest any amount of money with this junk software, we need more reliable info.
Binary Trading Experts Trading App – Bad Brokers
The final thing that is worth mentioning about Binary Trading Experts scam software is that they clearly use scam brokers to handle funds. We know this for a fact because there have been several complaints from people who have “profited” using this system, but have been unable to withdraw money. This is a big tactic used by BO scams and scam brokers. They make it look like you are making a profit, but you never actually get to touch your money. These brokers are unregulated, unlicensed, and only in it to make a profit at your expense.
Who is Behind Binary Trading Experts?
Well, unfortunately, there’s no about us page. Their only contact information available on BinaryTradingExperts.com is an email address: email@example.com.
A WHOIS query didn’t help us to figure out who the owners of the site are since they are making use of a privacy service to hide their identities.
Fortunately, the domain binarytradingexperts.com is currently not very popular. At the time of writing, its Alexa global rank was 4,488,267. However, it still seems to be getting a small amount of traffic from India, UK and Latvia.
Binary Trading Experts published the following excerpt about regulation on their homepage:
Binary options trading are regulated in a significant number of reputable jurisdictions. A very important thing to remember here is that the fact that if binary options aren’t regulated in a particular country it doesn’t mean that they are illegal. A lack of regulation means that the state is indifferent towards this practice (as in, you can trade because it’s no one’s business). But as I said above, binary trading is regulated and is legal in a number of jurisdictions and countries such as the United States, the United Kingdom, Cyprus, Japan, and Malta. These countries have special agencies such as the CFTC in the US, FCA in the UK and CySEC in Cyprus that oversee the financial trading market. In order for brokers to be able to operate in these countries, they’re obliged to apply for a trading license. A license will only be awarded to completely legitimate companies that exclusively offer safe and fair services. National regulators are extremely strict about supervising the online trading market because the state also generates taxes from this practice. The state can only levy taxes from legitimate businesses.
Don’t mistake this paragraph for a statement concerning Binary Trading Experts being regulated. In fact, it is not and the brokers they work with are not. Stay away from non-regulated brokers and services.
Binary Trading Experts Scam Review – THE VERDICT
There is really nothing else that can be said about this ridiculous trading program except that it is highly dangerous and very malicious. Binary Trading Experts software is nothing more than an epic scheme and monumental rip off aimed at your wallet. These crooks are in it to steal your money, and if you fall for their tricks, there will be nothing you can do to ever get that money back. Do yourself a favor and stay away from this scam for good.
Review Verdict: Binary Trading Experts is a SCAM!
Blacklisted Website: binarytradingexperts.com
Have an online trading scam or bad investment experience to report? Reach out to WatchDog to settle any trading disputes, wrongdoings or broker solicitations.
Make sure to subscribe to BinaryOptionsWatchDog.com to stay ahead of newly released auto trading scams. To date we have expose over half a thousand scams and we aren’t stopping until every scam is put out of business! Learn how to better equip yourself against trading scams and how to make more educated investment decisions by visiting our Signal Services Forum.