Trader.Online Scam Test

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Odin Forex Robot Review: Is The Automated Trader Legit Or Scam?

The Odin Forex Robot introduces their forex robot system as the “unrivaled expert trading advisor with brutal trading accuracy.” It goes on to list the astronomical profit figures they claim to have achieved with the robot trader in the last 30 days and ‘so far this year.’ This spikes off the first red flag not just because of their incredibly high numbers but because they have little evidence to back the results.

A quick search online reveals that Odin Forex Robot trading system is distributed and maintained by ForexRobotTrader.com that is in turn owned and operated by Don Steinitz. Apart from Odin forex robot, Don is also the developer of the equally controversial products. Yet they all have the same characteristics and key among them is the promise of huge profits from small initial investments.

  • Vader Forex Robot
  • Falcor Forex Robot
  • Ganon Forex Robot
  • Hedge Forex Robot
  • Directional Forex Robot
  • WaveRunner Forex Robot
  • Reaper Forex Robot
  • HAS Forex Robot
  • Pterodactyl Forex Robot
  • Volatility Forex Robot
  • Free Forex Robot
  • Fractal Breakout Indicator

What is the trading strategy used by Odin forex robot

According to the Odin Forex Robot website, their system embraces the Grid trading system that they claim plots charts in real time to identify trends that it then uses to “enter and close trades with no lag time.” The process is fully automated which then makes the Don Steinitz algorithmic trader deployable for all traders regardless of their skill as they don’t have to “lift a finger.”

From an experienced trader’s point of view, the explanation of this strategy is just meant to lure in traders. It glosses over all the important details that help an experienced trader determine whether robot trader is worth investing in or not. For instance, it doesn’t mention whether the strategy allows for the implementation of stop-loss or any other risk management protocol aimed at protecting the trader’s investments. It also doesn’t mention the number of trades the system can open during a trading session.

Reasons you should be cautious when dealing with Odin forex robot

No backtests

Backtests remain one of the most effective methods of helping prospective traders understand the inner working of the trading robot they hope to acquire. In an ideal situation, you would expect these backtesting results to include such factors as settings; tick data variation, stop loss levels, time frames, and amounts invested as well as the duration of the backtest. But Odin Forex Robot provides none of that.

Independent reviewers that have purchased and tested the system have nonetheless flocked such reputable trading robot review sites as forexpeacearmy.com, expressing their disappointment with the system. The chief concern in the unreliability of Odin’s default settings that don’t live up to the expectation peddled on their website.

Suspicious and unverifiable live trading results

Independent trading review sites like Myfxbook and FxBlue give trading system developers a chance to host the verified trading history of their automated systems on their platforms. Odin Forex robot developers, however, decide to forego either of the platforms and link the results of their live trading accounts toa suspicious and unverifiable trading history profile.

This isn’t the first time ForexBrokerrobot.com is foregoing the independent and reputable trading history providers and hosting their forex robot’s trading history on unverified third-party websites. It is a trend as none of their forex trading robot has its history on an independently verifiable history tracking platform. This shoots up as yet another red flag that makes trader think hard about the trading robot provider’s transparency.

History of running scams

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Forexrobottrader.com, the brand behind the popularization and distribution of Odin Forex Broker among other automated trading software, is marred with controversy. They also have a history of running scams with most of the trading robots they allegedly provide being flagged off by a majority of the trading community as highly unreliable and scam.

While the history alone is not enough to qualify Odin as yet another scam project, the fact that it follows in the footsteps of all its predecessors from risky trading strategies and unverifiable trading information does.

Negative user reviews

We agree that there may be a host of reasons why a disappointed trader may leave a negative review on a forex broker’s website. But a load of them, all from verified traders that have interacted with the system, addressing such common issues as poor performance, poor support, and poorly researched deposit settings, cannot be wrong.

Checking up on Forexpeacearmy.com, there are hundreds of negative reviews from verified traders directed at Odin and its Forexrobottrader.com developer as well as the other trading robots that the developer gives out for Free as an added bonus for every purchase.

PAMM forex accounts management has also evolved into one of the ways traders use to test the effectiveness of trading robots, as well as trading signal service providers. Before PAMM investors deposit into accounts they demand access to a trading system’s actual trading history and vet every possible threat to their often huge investments.

But the net reward from maintaining these accounts is worth the close scrutiny. It is, therefore, suspicious that Odin Forex Robot would forego the lure of guaranteed profits made from maintaining PAMM accounts only to sell their system that “beats the market” for $199.

No money back guarantee

Legit Forex trading system developers, confident about their systems, give their clients enough time to test their trading robots. They provide a free trading period, allow for the use of demo accounts or opt for the more popular money back guarantee strategy. Odin Forex robot offers none of these, neither does it promise to give back your invested amounts should their system lose you money or perform dismally.

BTC Trader Online Review – Legit Crypto MLM or Huge Scam?

Welcome to my BTC Trader Online Review!

There has been some buzz about this company lately and I decided to see what it was all about…

Someone probably approached you about the business opportunity and you landed here to make sure it’s something you can do and more importantly that it’s legit.

The good news is I am going to walk you through everything so you can make the right decision…

Find out if this is legit or a huge scam…

BTC Trader Online Review – The Company

BTC Trader Online is one of those Dragon Mining Tech programs.

Dragon Mining Tech was involved with a company called Bitcoiin which went under…

The problem with this business deal was that the owners of Bitcoiin raised $75 million and than ran with the money…

Dragon Mining Tech is involved with the following companies, Start Options, Bitcoin Trading World, Crypto Mining Space, Paliula Mining and BTC Trader Online.

It’s possible that Dragon Mining Tech has strong ties to China just like Bitcoiin…

Other than that, I don’t know who runs the company or owns it and there is no information about it anywhere…

Let’s take a look at the products next inside of this BTC Trader Online review so keep paying close attention…

BTC Trader Online Products

BTC Trader Online doesn’t have any retail products or services, but you can promote the affiliate membership…

Which is pretty much common with any of these Crypto MLM companies…

Alright, we are going to take a look at the compensation plan inside of this BTC Trader Online review…(Which is what most people look for anyway lol).

BTC Trader Online Compensation Plan

Show me the money right?

Well there are two ways to make money here…

First is to invest in B2G and the second is referring people to the company.

First, let’s check out the investment opportunity…

Investment Opportunity

BTC Trader Online members invest in B2G on a promise they will get a “guaranteed return” every month…

That’s a pretty crazy statement…

Here are the following programs you can earn ROI’s on…

  • Alpha Program – Invest $500 to $20,000 and receive a 15% to 40% monthly ROI
  • Beta Program – Invest $20,001 to $50,000 and receive a 20% to 45% monthly ROI
  • Sigma Program – Invest $50,001 to $99,999 and receive a 25% to 50% monthly ROI
  • Omega Program – Invest $100,000 or more and receive a 30% to 60% monthly ROI

Referral Commissions

Most websites have this pretty clear and outlined, but for some reason BTC Trader Online doesn’t give you any information.

I do know that referral commissions are paid on funds invested by downline members…

Cost To Join BTC Trader Online

BTC Trader Online affiliate member is pretty much you investing $500 minimum into B2G.

The moment you have been waiting for inside of this BTC Trader Online review…

Verdict On BTC Trader Online

There is a lot of hype still into the crypto space and a ton of MLM companies are popping up…

Unlike all the other BTC Trader Online reviews, I don’t want to be a negative douche bag…

Like a lot of people…

But, I do call things as it is…

If it’s a legit network marketing company, I will tell you it’s legit even if I am not involved because that’s only fair.

Now having that said…

BTC Trader Online has WAYYYY too many red flags.

First, B2G coins are useless outside of the company…

Second, they are guaranteeing ROI’s which makes it a security and they need to register with the SEC if you are in the USA and Canada.

I am sure other countries need that requirement as well.

Third, we have NO idea who is running the company which is the biggest ref flag of them all.

Why would you invest up to $100K when you don’t even know who runs it?

Basically if this company does go under, there is no one responsible…

You see what I mean?

For those reasons above, I do NOT recommend BTC trader Online…

I hope you enjoyed my BTC Trader Online review and if you have any questions please leave them below.

Also, what do you guys think?

Please let me know in the comments below ��

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The best part is you don’t have to recruit a single person which is insane ��

Plus there is a refund guarantee, so there is no risk.

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SuperTraderOnline.com Review Is It a Scam?

SuperTraderOnline.com Review Is It a Scam?

Super Trader Online is basically a marketing gimmick for a Binary options trading company called Opteck. In the past I was kind of a fan of Binary Options until I personally came to my own conclusion that the game is rigged. As many of you know America has some f the toughest financial standards in the world and the United States government has been clamping down on Binary Options and if you ever get into it and watch trends you’ll see why.

Personal thoughts regarding SuperTraderOnline

Personally I don’t think SuperTraderOnline.com is a scam however I’m not going to recommend it. Although many people are saying to get out of the stock market I still think the stock market in the traditional sense is better than getting into Binary options. I want to make it clear that I don’t give financial advice but… Making money with Binary Options isn’t as easy as SuperTraderOnline.com is making it sound in fact I think Binary options are almost as risky as gambling.

Final thoughts regarding SuperTraderOnline.com

My review of SuperTraderOnline is their instructional video is misleading, secondly the amount of money they’re telling you to invest actually helps SuperTraderOnline.com make more money from you, thridly their “Understand How The System Work” section isn’t telling the whole story, their uptrend, declining trend, and neutral trend chart isn’t the only thing you as an investor have to watch out for. All investments carry risk lastly “How much to invest” is tricky and yo also have understand how their “withdrawal” section works, you must also factor in Taxes if you manage to make a profit which most people don’t.

In my personal opinion it’s much smarter to purchase investments that pay “dividends” any other kind of stock trading is just straight gambling which will require the individual to watch trends rigorously. when you purchase trusted stocks that pay a dividend it’s much easier to build wealth.

That said I do think SuperTraderOnline.com is a legit marketing gimmick for Opteck. Before signing up read reviews about Opteck because there’s no such thing as a 100% fool proof solution to investing all investments come with risk and typically the people that win are those people that get in early. Good luck and best wishes!

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