Binary Robot 365 claims you can earn up to 90% with their special software. What does this mean? They don’t say. However, they do insist that you trade only with their recommended brokers. Unfortunately, none of their brokers are registered in the United States. That raises the question of what is Binary Robot 365 and is it a scam? Follow me to see the Devil in the details.
Product Website: binaryrobot365.com
Product Cost: Minimum $250
Product Owner: Cannot Be Determined.
Ranking: Not Recommended.
Click to DISCOVER a Proven Path to Financial Independence!
What is Binary Robot 365?
Near the top of the Binary Robot 365 website, you will find photos and stats for the top five earners. As of this writing, they are Megan S, Declan B, Casey F, Bryson F, and Jesse M.
Binary Robot 365 claims their top earners earned from $3,243 to $8,243. The win rate ranged from 75% to 92%. I suspect these are not real people and that the earnings and win rates are invented.
I found the photos of the top five earners on several unrelated websites with different names. You can do the same thing.
With your mouse on an image of one of the Binary Robot 365 top earners, left click. A menu will open, and you will see the option to “Search Google for the Image.” Click on that, and you will see the many places on the internet the image appears.
The Binary Robot 365 image for Bryson F is also the portrait for Brian Talbot’s LinkedIn page. Isn’t that interesting?
Binary Robot 365 Win Rates.
While the win rates for the top earners is said to range between 75% and 92% we are not given any information to substantiate these claims. It is as if these figures are pulled out of thin air, which I suspect they were.
Scroll down the Binary Robot 365 landing page, and you’ll see they claim, “up to” a 90%-win rate. This claim is not only meaningless; it’s impossible.
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Binary Options is NOT investing.
Trading binary options is NOT investing. It’s speculating. In other words, it takes luck for the small trader to win. It’s no different than gambling.
The first line of the Option Robot 365 Disclaimer of Liability states, “Investments in securities, commodities, currencies, derivatives and other investment options are speculative and involve high degrees of risk.”
“The big print giveth and the small print taketh away.” – Tom Waits
The Option Robot 365 Software.
There is nothing special about the Option Robot 365 software. It serves three purposes, none of which is good for you.
First, the software tricks you into thinking you can make fast, easy money with Option Robot 365. You can’t. Second, the software creates the illusion you are investing. You’re not. Finally, the broker can manipulate the software, so it appears you made money. You didn’t.
Winning a binary options trade with a registered broker requires that you correctly choose a specific asset to perform a specific action at a specific time. Statistically, this is nearly impossible. It doesn’t matter how many graphs, whistles or flashing lights your software has.
Nearly impossible odds is as good as it gets, IF you use a broker registered in the United States! None of the brokers recommended by Option Robot 365 are registered in the US.
Recommended Brokers.
If you join Option Robot 365, you can only trade with brokers they recommend because they either own these so-called brokerages or they are paid a commission each time they send a trader to one of these brokers. I suspect they own the brokerages they recommend. In a moment, I’ll explain how I came to this conclusion.
Option Robot 365 is nothing more than a sales funnel leading you to brokers who will take your money. To their credit, Option Robot 365 lists the brokers they recommend. At the time of this writing, none of the recommended brokers were registered in the United States.
The United States Security and Exchange Commission states that unregistered brokers are suspected of stealing the personal identity of their clients, manipulating software to force losing trades and locking clients out of their accounts.
The Minimum Deposit.
It’s free to open an account with most brokers, but you cannot begin trading until you “activate” your account.
In other words, you must deposit real money into your account. Usually, the minimum is $250, but a few brokers accept $200 and a few others insist on a deposit of $350. If you give them your money, it is doubtful you will get it back.
Check Out the Option Robot 365 Affiliate Program.
Because Option Robot 365 has an affiliate program, I suspect they own the brokers they recommend. It’s probably all one operation. There’s a reason why we can’t determine who owns Option Robot 365.
To find the link to their affiliate program, scroll to the bottom of the homepage. It’s on the right.
Option Robot 365 pays its affiliates $300 for every trader an affiliate delivers. If they pay affiliates $300 for every customer but only charge $250 on average for a trader to activate an account, how do they make money? They steal it.
Is Binary Robot 365 a Scam?
When you deposit $250 into the account of an unregistered broker, they will also insist that you give them your phone number. When you do, you will be called by someone pretending to be your new best friend and financial adviser.
This person is really a professional telemarketer. Their objective is to get you to trust them, and they will talk you through making your first trade. They are very helpful as they set up the scam.
Your first trade will go very well. Big numbers that look like money will appear in your account. Your new best friend and financial adviser will do a little happy dance to celebrate your new wealth and then recommend you put a lot more money into your account so you can make more money faster. Typically they want you to deposit $10,000.
If you’re a believer, you’ll throw in the ten grande. Soon after you give them your money, they will lock you out of your account and your new best friend won’t answer the phone when you call. They took your money, and you won’t get it back. That’s the binary options scam.
There is NO Magic Software.
Please remember, there is no magic button, magic software or secret formula that will make you rich.
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If you found this article helpful or have experience with Binary Robot 365, please leave a comment below.
Well your page looks good. I assume you have just like you want it to. My only suggestion is maybe have more affiliate links in relevant phrases in the beginning of your article and in specific places throughout the article. Not too much though of course. As I understand, you only have one at the end of the page. I like that route too if that’s what you’re going for. Sort of funneling the readers towards that link at the end.
I have looked around your site and I love it! I can see that this program is not very good and I am glad that I came across this article. I know that your main goal on the site is to tell us about scams but do you have any recommendations in making money online?
Thank you very much,
Hi, Samantha!
Thank you for your kind words. Most everything you find on ScamAvenger.com is warning people about specific scams or how to spot a scam from a safe distance. Most of the scams I report on are make money scams. These tend to the most costly.
I have come to realize that warning people about make money scams is not enough. I also need to help them find legitimate programs. This is why my friends and I created the totally FREE Online Entrepreneur Certification Course. There should be an enrollment opt-in near the top of this page, or you can go here to enroll for free. There is absolutely no cost to the course and you don’t need a credit card.
Thanks for stopping by,
Gary
I love your site!! I had no idea and almost walked into one of these “traps.” This is wonderful information and am so glad there are people out there informing us! But am also curious, are there programs of these sorts out there that are legit?
Thanks again for the site and information to stay away!
Thank you
Hi, Angela!
Thank you for your kind words. Binary Robot 365 is a real stinker. I don’t recommend binary options in any form. NADEX is the only binary options exchange that is regulated in the United States that I know of, but I still do not recommend it. Trading binary options at best is a game of chance. Most so-called binary options brokers have nothing to do with binary options. That’s just their story to justify taking people’s money.
There is no such thing as free trading software that will make money on autopilot. Large trading houses on Wall Street have supercomputers that cost millions and can make thousands of trades a second. How in the world is a free software program supposed to compete with that?
Thanks for stopping by,
Gary
Wow! First of all the name Binary Robot 365 bugs me. After reading your review, I am just amazed at how people can scam people. I invest money but only with people I know and trust. This sounds awful! I think I’ll take my chances with the lottery! Thanks for your review and bringing awareness to this scam.
Hi, Jean!
Yes, Binary Robot 365 is indeed awful. Like you, I find it difficult to accept that people can deliberately destroy someone else. The predatory behavior begins with affiliates for Binary 365 who earn $300 to $500 for every victim they deliver to the scam. It’s like a bounty.
Thanks for stopping by,
Gary
Thank you for this alert on Binary Robot 365. I discovered the option “Search Google for the Image” here reading your post; I did not know I could do that! I have found it very useful to read reports of products that are scams, because it gives you experience in distinguishing them. I’ll remain far from Binary Robot 365. Thank you very much!
This is good review. Honestly, I never have to be heard “Binary Robot 365” before. It is my first time when I just found this article. I was surprised though, this was very serious about invest as like damage for the people… lost their money. I am glad I never touch Binary Robot 365. Overall, your content is good organize to warn the people.
Hi, James!
Thank you for your kind words. I’m grateful you learned about binary options from me and will steer clear. There is no way to win with binary options.
Thanks for stopping by,
Gary
Great review. I actually enjoy seeing negative reviews; it communicates to me that you are willing to give honest feedback on not just reviews on product you will make money on. This binary robot 365 sounds like a legit product just from its name. I am glad that you were able to show this is a poor product. Thank you.
I had not heard of binary robot 365 but have been lured to look at websites offering similar software for investing. Thankfully I have never invested and Binary robot 365 is obviously another one to avoid.
Thank you for doing the background research for us which I must say is very thorough. Are there any systems for investing you do recommend?
I had not heard of binary robot 365 but have been lured to look at websites offering similar software for investing. Thankfully I have never invested and robot 365 is obviously another one to avoid
Thank you
Oh man that was crazy with that picture of the guy with the two names. Thatts not hte first time ive seen someone get called out like that. Amazing, and actually pretty funny, although yes, not funny for those people getting sucked in and spending money on this thing. Great piece of content!