Are you looking forward to signing up for a binary options trading platform so that you can try your luck and make some money? The demand for binary options trading is increasing day by day and so people are eager to signing up for whatever option they see. One of the new trading platforms that we want to talk about today is iBinary Robot. It has been recently launched and it is promising great results. If you think it is good enough to sign up for, then we recommend you to read this ibinary Robot scam review. We have revealed everything about it.
iBinary Robot is a web-based software meant for auto trading. The robot works by using different trading signals and styles, executing trades which are linked directly to a broker. The software makes the trade automatically.
They say that there is no need to download the software. You can choose from the settings and either use the automatic or the manually generated signals. You will be given $1000 demo account for free. Before believing all this stuff, it is important to learn about the founders of this system. There is no information about the founders or how the team came up with this program. How can you trust a platform that does not have any background? This is the first indication that there is something fishy about iBinary Robot.
Is iBinary Robot Scam?
Now you must be wondering if iBinary Robot is a scam. Unfortunately, we have found a lot trouble within the trading platform making it loud and clear that it is a fraud. The first thing is that if they are reliable, they would never have hidden their identity. The second important fact to mention here is that the website is just 149 days old. How can you rely on a website and its results that is just started?
It is not as easy to get started as it is mentioned on the website. The high success rate that is being promised is more than 90%. Really? Not even the most trusted trading platforms promise you these returns! When someone says that high success rates are being guaranteed, then it is a big red flag as you are dealing with a scam.
We surely see a list of brokers that you can choose from but before you fall for it, let us tell you that none of these brokers are licensed or regulated. When such brokers are provided by a trading platform, it means that you should stay away from it. That is one of the indications of being a scam because the non-regulated brokers simply will run away with your money. That includes the initial deposit and also any profits that you have earned.
- iBinary Robot combines 3 money management trading systems. They include a classic system, martingale system, and Fibonacci system. All these features are nice but the problem is that you won’t find them at iBinary Robot.
- In order to make the website look attractive and build some trust, they have made an FAQ section. The problem with this section is that the questions which have been discussed here are not good. Only educational stuff has been shared here to provide genuine information to people, making them believe the website is genuine.
You are going to find email support system but there is no availability of live chat support. This feature is one of the best ones that any trading platform would offer. The email support system works like a snail. We tested the email support by sending some questions related to the software but all we got were automated replies. This did not really answer what we were trying to ask. Now would you like to sign up for a software that does not have proficient customer support system? We bet you wouldn’t because nobody likes to waste their time and money. If you get into a technical problem and this makes you lose your profits that would not be a good thing.
If you want to find out more about a trading platform, then you would not want to miss checking out the customer reviews. So what do customers say about iBinary Robot? On the website, you are not going to find any customer reviews at all. This is a clear indication that the website is nothing but fake. Other than this, we tried to look for reviews on external resources. The results were negative. Those people who have signed up for iBinary Robot were not happy with the results and what they have to say about this website is not good. They recommend traders to stay away from this scam.
It is NOT free
If you think that signing up for iBinary Robot is free, then you are not going to be very pleased at the time of selecting the broker. The system demands you to fund your trading account with an initial deposit of $250. Other than this, the sparkling offer ($1000 free demo account) that you will get is fake too. As you choose the broker and then fund your trading account, you will realize that their claims were fake. Before ending up in this situation, it is recommended to act wisely and analyze all the pros and cons of signing up here.
iBinary Robot review – Conclusion
To conclude this iBinary Robot review, we would like to mention that it is a vicious scam that you must stay away from. Fake trading platforms like these have made lots of new traders cry. We don’t want you to fall for its tricks. This initiative has just been taken to trap newbie traders and steal their money. If you really want to try your luck then it is recommended to choose those trading platforms that have licensed brokers. They can help you make decent profits. So, don’t run after scams like these, look for better trading opportunities so that you can make the best of profits. Rest assured, iBinary Robot is a SCAM!
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- Rated 0.5 stars
- iBinary Robot
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