Score

1.51 /10
Danger

Binary Option Auto Trading

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 4

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.03

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Warning

SG MAS
2018-03-01
Investor Alert List
Binary Option Auto Trading

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 4 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Binary Option Auto Trading · Company summary

GENERAL INFORMATION AND REGULATION

Binary Option Auto Trading is a company that will not be in the market for an extended period. The platform is not a legit investment venture. You cannot trust this entity with your hard-earned money

The company is not reliable, and you won‘t gain any profits. The platform claims that it is fully automated, and you don’t need any background knowledge for you to earn an income. The software allegedly is providing trading signals for both Crypto and binary options traders.

Unfortunately, the platform does not credit the team by showcasing their experience or faces. Binary Option Auto Trading expects Investors to believe them blindly without verifying their claims.

The company is accepting Investors from all over the world. The people behind this venture are operating anonymously. However, they claim the software is the best in the industry. Investment is all about close checking the available facts. By the findings, it is highly likely that the firm does not have a system for trading.

The person behind this venture only wants to defraud individuals without having any second thoughts. We urge investors to keep off this shady platform. The company was launched in May 2016. Since this time, there are no financial reports available on their website.

The company lacks transparency as you do not know the people who are handling your money. The shady venture is bragging about multiple benefits that come with investing with them. Binary Option Auto Trading claims it is fully automated and guarantees clients that they are protected.

MARKET INSTRUMENT

They claimed to offer Automated trading software that will be given trading signals to both forex traders and Cryptocurrency Holders.

Binary Option Auto Trading states that they have free signup whereby you do not have to deposit any amount.

The only amount that you are subjected to paying is the minimal amount that your choice of broker accepts. The fee may range from $200 up to $240. Moreover, the firm also has a VIP free service, which they entice naïve traders. The expected daily stop-loss range from $10 up to $500.

The software can perform an average of 10 trades daily. By joining the company, you will work with regulated brokers only. Its hard to believe since you are dealing with professional scammers.

They will say anything to gain your trust. However, you will only end up trading with the offshore venture in the market that is not scared to scam traders all their funds. The win rate of this software is allegedly 86%. They additionally brag that they have multiple assets at the disposal of investors.

CUSTOMER SERVICE

Binary Option Auto Trading is a company that is operating according to its own accord. There is no corporate in the world that oversee its operation. The platform is conducting business illegitimately.

They do not have the necessary documents form financial watchdog. Hence, they are not licensed, and it only exposes you to more danger. To avoid wasting your resources and valuable time, we recommend you use a better alternative in the market.

The company also brag that they are offering 24/7 customer support services. However, we find this as another lie as the platform has not established a communication model with their customers.

They also fail to disclose their actual location. It so only Ponzi schemes that are being run by greedy individuals that operate in such a manner. Our best advice to investors is for them to stay away while they still can.

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