The Binary Option Auto Trading system has been getting promoted pretty heavily lately & those promoting it are portraying it as being something that can enable you to make an easy fortune from binary options all completely on autopilot.
You’re led to believe that you’ll just be able to sign up to the Binary Option Auto Trading system, deposit some money, run the software & begin making money without having to lift a finger…
But is it really legit? Or is this just another program that’s going to join the long list of binary options scams?
Right from the off I can tell you that it looks to be the latter of the two, but rest assured you’ve landed in the right place to find out for sure as I’ve taken a closer look into it & in this honest Binary Option Auto Trading review I’ll be uncovering the real truth about how it all works.
Plus, I’ll also be determining whether or not you can really make any money with it like Jerry (the creator) claims you can.
What Is Binary Option Auto Trading?
The Binary Option Auto Trading system as the name suggests is a system that can make binary options trades for you on your behalf – however, this system in particular claims to be the best auto trading software available & states that it can have you “trading like a pro” in no time at all…
Upon landing on the website for it the whole thing is introduced to you by a guy named Jerry who you’re led to believe is the creator of the software & Jerry makes out as the software will get on your road to riches.
He claims that not only is his software better than the rest, but unlike the others, his doesn’t force you to deposit with just one broker either. With the Binary Option Auto Trading system, you’re told you can deposit via 24 Option, BinaryCM, UTrader, BinaryTilt, StoxMarket & many other big-name brokers like IQ Option.
So from the off, it might sound quite appealing – and you might be enticed into making a deposit to “try it out”, but don’t! Instead, take my advice & hold onto your money because I can tell you right away that the Binary Option Auto Trading is NOT what it seems…
In fact, instead of helping you to make money like it claims it will, all the Binary Option Auto Trading system will really do is make you lose money instead – and that’s because deep down this system is no different to any of the other scam systems that have come before it.
The only difference is that unlike some of the other binary scams I’ve exposed like the Bitcoin Evolution system & the Britcoin System, this one has taken a slightly more professional approach in an attempt to lure more people in…
And sadly it seems to be working – but hopefully, after reading how it really works below at least YOU will hopefully not get caught out by it.
How Does Binary Option Auto Trading Work?
Well in short, the Binary Option Auto Trading system doesn’t work – at least not as it’s portrayed too anyway. You see whilst it does indeed auto-trade, sadly it doesn’t really generate profits like many of the so-called “testimonials” claim.
And that’s because the real intention of it is to make you LOSE money – because what the creator of the whole thing (who you’re told is named Jerry) doesn’t tell you is that he is actually working with the binary options brokers.
The brokers are paying him money for every person he gets to sign up & deposit with them, so he isn’t really interested in helping you make money – all he wants to do is get you to deposit with the brokers.
Once you deposit with them he gets his commission, you get access to his system, and then that’s when you’re left to find out the hard way that it doesn’t really work as promised… Sadly by then though it’s too late – your money is already gone.
And if you think it’ll be easy to just get your money back, think again. Many of the brokers that are “recommended” via the Binary Option Auto Trading system are actually just flat-out scam brokers… For example, if you take a look at the post I wrote about the IQ Option withdrawal problems you’ll soon see that getting your money back is definitely more of a task than it should be.
So the best thing to do is to simply not deposit your money in the first place – just keep a hold of your cash & try out one of these legitimate ways to make money online (that actually work) instead.
The reason you often see people saying great things about the Binary Option Auto Trading system online though is because the system itself also has an affiliate program, meaning people are getting paid for promoting that system too… Hence the fake reviews.
The reason I know this is because I came across a listing for the Binary Option Auto Trading system on an affiliate network named Power Up Affiliate. Jerry the creator is literally paying people hundreds of dollars to bring them new members & he can afford to do that because he is getting paid so much by the brokers… It’s all a big con.
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Some Major Red Flags To Look Out For
Even though all throughout this review I’ve stressed that the Binary Option Auto Trading system is bad news I know for a fine fact that some of you reading this review will still be thinking about “trying it out” to see if there’s any chance that it actually works…
It happens time & time again when I expose scams because sadly the promise of easy money is just so attractive to many & they’re worried that if it does actually work that they’ll have missed out.
So for that reason, I’ve decided to put this section together uncovering some major red flags that 100% prove that the whole thing is total BS & prove that it should be completely avoided regardless of how good it “seems” on the surface…
1. Broker Affiliation
As I mentioned earlier in this review the creator of the Binary Option Auto Trading (whether that be Jerry, or somebody hiding behind the alias of Jerry) is affiliated with all of the brokers that the system “recommends”.
This means that the brokers are paying him/her (whoever is behind it) commissions for each new member that signs up & deposits with them via the system.
Now question this… Why would a binary options broker, a broker who only makes money when the customer loses, pay the creator of an “automated & profitable system” commissions for referring new members?
If such a system really existed it would put the broker out of business so there’s no way they would want any association with it. Clearly though they know that it doesn’t really work as promised… It’s the only explanation.
2. Unlicensed, Unregulated
Whenever I take a look at a website in the investment sector the first thing I look for is a license, which is usually found within the footer on the website. The reason I look for this is that it’s something that all websites offering investments or offered investment-related tools are required to have – and without it, they are operating illegally.
Surprise surprise though the Binary Option Auto Trading website doesn’t have one, and instead they actually state that “BinaryOptionAutoTrading.com is not licensed nor authorized to provide advice on investing and related matters“…
I would personally say that “auto-trading” is about as much advice as you can give… After all not only are you advising the trade, you’re also make the trade on the customer’s behalf… Yet in their own words, they’re not authorized to do so…
The other problem you have is that when you trade via an unlicensed website you’re not covered if anything goes wrong. So if you invest an amount & the company fails somehow, you’ll struggle to get compensated for the money you lost.
3. No Address, No Names…
I mean, just who exactly is behind the Binary Option Auto Trading system? Why are they so desperate to hide their identity? I mean sure we’re given the name “Jerry”, but come on, that’s BS…
No surname, no other mention of names & no address or company name mentioned anywhere on the website.
Would you really be confident trading your money via an “anonymous” website? A website that could ultimately disappear at any given moment in time without any trace whatsoever? I sure hope not.
That alone would be enough for me to not to trust the site 1 bit, and it should be for you too.
Is Binary Option Auto Trading a Scam?
If Jerry’s Binary Option Auto Trading system literally just promoted itself as being an auto-trader that “may or may not” make you money then I might have been able to say no, it’s not a scam – but because it promises you profits I have to say that yes, it IS a scam.
Ultimately it’s clear to me that the whole system has just been built to deceive you & to trick you into depositing with various scam binary options brokers so that the creator of it can earn some commissions at your expense.
You’re promised an average win rate of 86% but there is just no way that is achievable with the software. It’s just a made-up figure, and as I say it’s been made up to simply trick you into depositing.
Pretty much everything else you’re told on the website for the system is a lie too – it’s all hype, plus a reverse Google image search on the people who’ve left “testimonials” shows that they’re fake as well… Their photos have just been pulled from stock imagery websites & they are NOT real members of the system that are making money like you’re led to believe.
So with all that in mind it’s safe to say that I do not recommend the Binary Option Auto Trading system because if you happen to deposit money into it I know for a fact you will lose it. Instead, you should just keep hold of your cash & stick with one of these legitimate ways to make money.
Alternative you can check out my number 1 recommendation here which shows you the exact way that I personally make money online & shows you how I managed to legitimately build up an income of over $10k/month.
But anyway whatever you decide to do I just hope my review here has helped you to dodge this scam binary system, and if you happen to have any further questions or comments then don’t hesitate to leave them below.
A Better Alternative
The sad truth is that unfortunately most of the programs promising to help you make money online are scams. I can say that confidently after exposing over 500+ of them here on this blog.
But the good news is that even though most of them are indeed scams, there are actually some very good programs in amongst them - some programs that can truly help you to earn money.
And out of all of the legit programs I've seen, the one I would recommend the most to anybody looking to get started online is Commission Academy. In my own opinion, that's the best place to start.
At Commission Academy, you'll be provided with everything you need (including the training & tools) to begin earning real money by promoting products or services for companies like Amazon online.
The best part is that there's literally no limit on the amount you can earn with it & the process is pretty simple which means that it's absolutely perfect for people that don't have much experience.
Some wealthy affiliates even earn as much as 5-figures per month... Or more!
I mean don't get me wrong, that kind of money won't just fall into your lap without doing any work... But the harder you're willing to work at it, the more you stand to earn with it.
So if you're looking to get started but don't know which route you should go down or which program you should join (and don't want to waste money on bogus things that don't actually work), then I'd highly recommend checking out Commission Academy first. You can learn more about it here.