Binary Option Club Review- Is it 100% Worthy?
In the world of scams, it is hard not to avoid a binary options trading scam. In case you have heard of Binary Option Club, then you must be wondering if it is legit or scam. Our team started investigating about this newly launched website for weeks to confirm if it is safe to sign up with. Unfortunately, our take is that it is not reliable. To find out more about this scam system, read this Binary Option Club review.
Binary Option Club is basically a platform that lets you replicate the trades placed by professional traders. There is no automatic trading involved here. You will be provided with the option of choosing from 6 professional human traders. It is up to you to choose the best one; whom you are comfortable with. As the trading happens live, you are supposed to trade in the required time frame.
Is Binary Option Club a Scam?
Now let’s talk about the real deal i.e. is Binary Option Club scam? The answer is not obviously yes but don’t worry, we are going to give all explanations through proofs.
The first question that would be bothering a lot of you is who is the founder or team behind this system? Well, we are not introduced by the team through video recording or images. However, the introductory video is being narrated by the founder of Binary Option Club named Paul Schafer. Sadly, he simply talks about what binary options is instead of focusing on his story of how he came up with this system. Whether or not he has any connection with the trading industry, we don’t know about it at all. How can you trust somebody who just stepped in the trading industry with a software, promising you daily profits? On top of that, he does not even have any trading background!
Remember the 6 professional traders that we talked about earlier? Their names are Jason Benneke, Sarah McCullough, Michael Jessop, Benny Carlyle, Chase Drexler, and Alexa Montreau. If they are the trading professionals, they must be really famous at least in the Wall Street or any trading institution, right? Well, that’s not exactly right. We recommend you to look for them yourself. You will be amazed to find out that not even their social media profiles are available! And they say to copy the trades of professional traders!! We surely are given some information about their professional and personal life but it’s all a lie, they are not real traders.
How Does it Work?
In this Binary Option Club review, it is important to mention that we are not told how this system actually aids you in making profits. The only thing we are told is that you have to copy the traders and this will let you land on profits. Eventually, you will become an expert.
It is funny that Binary Option Club has recently been launched and we see so much progress in the form of the following results:
It’s NOT Free!
If you are thinking that the system is free, why not give it a try then let us make one thing clear. Dear traders, it is only free to sign up, the rest of the working requires money. You have to load at least $250 in your trading account in order to start trading.
Don’t Fall the Tricks
In order to make the website look attractive and genuine, the founders have added a free university where articles about binary options trading have been shared. This information is true but may not be helpful if the trading system and the broker are not reliable at all.
The most important thing about a website is its customer support. Hence, we tested the customer support system provided by Binary Options Club so that we could figure out if they are actually worthy of your trust. The answer was just as we expected it to be. They only offer email support and there is no chat support available at all. That means you are not going to find anyone there if you get in trouble. And if you leave any query in email, then you are not going to get any reply. This again shows that Binary option Club scam signals are true in fact.
The basic idea behind the formation of this scam trading website is to attract the newbie traders. Once they sign up, they will easily fall for the tracks of the system. The founders simply want to run away with your money. Once you fund your trading account with initial deposit, you will start seeing problems in the software. In the end, you are going to regret your decision. The most awkward thing about this system is we could not find any customer reviews at all. That’s because not many people have yet signed up and those who have were not really happy with the results.
Our call on Binary Option Club is loud and clear. It may be a scam and you should think carefully before investing in it. There are red flags in this Binary Option Club, but some aspects show promise. There is no way you can turn your head from these questionable facts. So, we suggest you research this. If they are fooling around innocent traders and you might become a prey too. Stay safe!
There are a few great options on the market. A great system with proven results and positive reviews is United Trading. This software is definitely viral. We love its features, but the profits are even better. The banner below will direct you. This is the hottest offer of 2017. Don’t miss out on the Facebook of Forex!