Everyone wants to cash in on the success of binary options trading, including the scammers. It pays to take some time to research every trading system before trying it out, especially before investing huge amounts of money. There are a lot of trustworthy systems, but sadly there are just as many fake systems as well. Taking a few minutes to do some preliminary research can literally save you thousands of dollars.
German Binary Robot is an automated trading software program that promises lots of money with little effort on your behalf. Can they be trusted or are they out to steal your money? Read our German Binary Robot review for more details.
Basic information:
Cost: Free Software: 100% Automated Max Returns: Up to 88% Minimum Deposit: $250 Countries: All nations
User-friendly website, easy for new traders to maneuver
Fully automated software for trading
No option to chose your own brokerage company
Too many complaints about loss of initial investment
No help from customer service or technical support teams
No company information or history listed on their website
7BO Verdict:
Not Reliable Service
What Is German Binary Robot?
Germany Binary Bot is a fully automated system that claims it can turn ordinary people into millionaires. You do not have to have any prior knowledge of the binary options market, according to their website. All you have to do is trust Germany Binary Robot to make trades on your behalf. Apparently, this system is so advanced that it will only make a trade if it is guaranteed to win. Is this even possible?
A binary option is a great way to earn extra money, but no trading software is accurate. Not only is the market unpredictable, but there will never be a trading system or broker that can actually predict every single trade. It’s just not possible.
During our review of German Binary Robot, we learned that most traders lost all of their money and did not profit, as they were told when they signed up. We do not feel that this system is dependable.
Screenshot
How Does It Work?
To access Germany Binary Robot, you must register and create an account with one of their brokers. You do not have the option to choose your own brokerage. Next, you must fund your trading account with at least $250 and then you can have access to the system. Then you can select which assets that you wish to trade and the system will initiate trades for you. If you earn anything, you must follow their rules for withdrawal before you can access your funds.
However, we found out that the majority of users who registered with German Binary Robot were not able to withdraw their funds due to “glitch” with the system so they ended up losing quite a bit of money. We do not advise creating an account with this system until this issue has been resolved.
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As of this review, we cannot sum up that Germany Binary Bot is a scam system, but we can say for sure that we do not find it reliable or accurate. Too many complaints have been lodged against this trading software so we suggest that you choose to trade with a system that has proven to be accurate and has had successful results.
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Disclaimer: 7 Binary Options will not be held liable for any loss or damage resulting from reliance on the information contained within this website. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author. 7binaryoptions.com is only a website offering information – not a regulated broker or investment adviser, and none of the information is intended to guarantee future results.
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German Binary Robot Review
German Binary Robot promises very high and quick profits to traders. But does this Forex Robot really work or is it a Scam?
German Binary Robot Review
Forex robots are the kind of tools that offer you a chance to increase your income from Forex without having to spend time with a broker and simply letting the artificial intelligence do your work for you. German Binary Robot is an example of that tool but we must say that it is not exactly the best example you will find. The tests have shown that it is is not exactly capable of achieving its claims to some extent, it is still not completely reliable and the general failure percentage is also not low. So overall this robot does require caution when using.
German Binary Robot Download
You can download this standalone tool from its website and visiting it lets you in on a plethora of information about the tool and its founder, a German banker named Norbert. If you download the tool and you have to installe it and set up your account, you can use it for a complete month without any charges and after that you can use it for a fee. However, the real question is if the money you invest using it really does pay off the way it claims. According to some users, the profits are either low or in some cases, completely non-existent and that is something that could put off traders.
German Binary Robot – Norbert
The guy responsible for the creation of German Binary Robot is a “successful German banker” named Norbert and he himself is quite the public figure in Germany. Having spoken in several seminars and public conferences, it makes it possible for traders to understand why the tool may be worthwhile. The endorsements found on the tool’s website are also quite good but you must not be forget that having all that doesn’t mean the tool can work flawlessly and only real life usage is how you can truly see the potential that Norbert’s tool carries.
German Binary Robot System
When it comes to using Forex trading systems, it is very much possible for a lot of traders to get confused with the complications that may arise during trading. In that situation, you need a trading robot that can keep things simple for you and German Binary Robot is good at that. With proper logging of all the activity and simple and straight forward design features, the system that runs the German Binary Robot is understandable. It is created with a thought of the user, but still it is better if you read something more about its usage, just to make sure you will not make a mistake, which can lead to losing your investments.
German Binary Robot Scam
It is not easy to say whether or not the German Binary Robot is a scam since the results of the real life application of this robot are quite diverse. While there are clear examples of people couldn’t gain the promised amounts of profits, there are also several cases where you can find people who won some money. It can’t be said if the performance is related to the tool being free or paid but if you are ready to take risks, we definitely do not recommend to try it since it does that there are a lot of unsatisfied costumers. And make sure you have checked all options before you decide to use German Binary Robot.
Traders Comments
Click on the thumbnail below to see traders’ comments..
Conclusion
After making a detailed investigation our team came to the conclusion that there are better Forex robots to trade with than German Binary Robot. We cannot confirm whether German Binary Robot is a scam robot or not, but upon investigating we found a lot of traders’ comments and complaints about the performance of this Forex robot and we don’t have confirmation that it can achieve the profits advertised via email.
German Binary Robot Scam Review: Beware of the GermanBinaryRobot!
German Binary Robot Review: This software is one of the binary options scam with video displaying luxurious items which they claim you could afford by using their software. This is common among scammers. We advise our readers to go through this review in order not to make the mistake of trying out this software.
owner of german binary robot
this software is allegedly owned by noberts, an ex german banker as he claims. The truth is that he is a well known scammer.
Their Scam Strategy Exposed
We were told that the german binary robot software is capable of turning your $250 deposit into $2271 profits in a matter of days completely on autopilot, and according to the developers, the software is actually risk free. The truth is that such an amount is too good to be true. Also saying that it is risk free is obviously a lie because in the binary options trading, some level of risk is involved. So this software and its owners are not to be trusted.
They also claim that there are only 6 trial spots remaining, so, traders are lured into registering as fast as possible so as to enjoy their services. To be sincere, this claim of limited trial spot is just one of the numerous strategies they use in defrauding traders.
They also offer free trial for 30 days. that is, you are allowed to test the software for one month without paying for download but if after that 30 days you decided to continue, you will be charged $2400 as download fee. the trick here is that they know that people will eventually not pay the $2400, so their main focus is to get you registered and deposit $250 into the brokers account whom you are being referred to. These scammers will now get their own commission from the broker and since these scammers are known to always deal with unregulated brokers, there is no way to get back your deposit from them. Then you end up losing all your hard earned money to these fraudsters.
Review Verdict
German Binary Robot is a SCAM
Conclusion
German binary robot is a HUGE scam. It loses trades in reality. Do not waste your time and money on this software because you will definitely regret it.
Trading binary options could be very profitable, only if you use legitimate softwares and tools. Run away from scams, they will lose your investments and leave you devastated. Only use systems recommended by our team of professionals.
Thanks for reading our review of German Binary Robot. Stay safe! Fight scammers
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