Binary Option Club
Can you Copy Trades from Experts? SCAM Alert!
Official Website: www.binaryoptionclub.com
The Binary Option Club is a trading platform, that promises to allow users to copy the trades from their expert traders, and that way be more profitable. Now, although it does sound promising, you have to read the full review in this article, and you have to understand that those super traders that the Binary Option Club offers are fake and there is no way to prove they are actual real. Additionally, even if they did have trades in some cave trading for us, the results gotten from the people that have emailed to us is between 50% to 55% accuracy, which for sure is not profitable, and will not make us rich as we want to. If you are looking for a trusted auto trader, check our video on the right side of the screen for TAI Robotic Live Results, and see how that auto trader is indeed profitable.
The first thing we noticed when we were reviewing this bogus scam, was the fact that the Binary Option Club does not have real people presenting the product, meaning that there is no "face of the company". This can be good and bad. Good, because they are not using fake actors, but mostly bad because they don't transmit any confidence. Who are we dealing with? It can be anyone, from a kid in a basement to a group of scammers under the sea, nobody knows. The problem with this mistake from the Binary Option Club is that it is the first impression they caused, which is mysterious and not trusted.
Nevertheless, they go on and explained very clearly the way they work, which is good for people to understand what they are getting into. Now here is the problem; although they say you will be copying trades from so-called "experts", they never mentioned what type of trading strategy they will be using. We understand that we need to trust our experts, but, Does the Binary Option Club really have experts trading for us? There is no way to prove that. So in this case, we are copying someone who does not share what strategy will be used in his trades, and we are trusting our money to someone who obviously has a fake name on the website. The Binary Option Club is not very transparent on this matter and that makes this copy trader platform not trusted for the Binary Living Way family.
In order to get our money, the Binary Option Club will lie to our faces. Their website shows that there are 4,550 users trading with their platform. This is a fat lie, and we can't simply not trust any of these crooks. There are over 20 terrible reviews online for the Binary Option Club. How can 4,550 users not see that? Of course, everybody saw it, and the 4,550 followers that this scam claims to have are fake. Scams like these would just write a random number that will look impressive for new traders to fall into their trap. We all made that mistake when we started. We say companies offering thousands of dollars in one day and we got excited, however after reading the reviews on the search engines, horrible reviews like the ones of the Binary Option Club, we decided to trade manually.
Another big lie that the Binary Option Club has on their website is the schedule of their "expert traders". They claim to have a fixed schedule for each person, and new users might even copy trades only at those specific time zones. But when you register for this scam, you will follow the same steps as with any other auto trader, trusted or not trusted: You will enter your contact information, so that an aggressive sales person pushes you to deposit more money, and then you will be offered a broker to deposit $250. Once you are on their trading platform, you can trade AT ANY SCHEDULE, even if the "expert" traders are not available. The Binary Option Club uses the same scam system than all other robot scams in Binary Options. They are not a copy trader service, they are just another crappy auto trader.
The feedback that we have received from the many users that lost money with the Binary Option club scam is basically the same. There is no way to stop the losses in their accounts. Once they activate the "copying" feature, they will start seeing nonsense trades, going in the opposite direction that it was supposed to, and looking our account get smaller every hour. It is not a secret that there is no perfect auto trader. But when you compare the Binary Option Club with the TAI Robotic system or the MS Management Software, you see the big difference. Although these auto traders will not make you rich in one day as all scammers promises, they will make consistent money. We have people that have grown their account from $250 to $1,000 in one month, following the right tips on the Binary Living Way YouTube Channel.
The fact that the account is not blown immediately might be a trick from the Binary Option Club to keep your hopes alive, so that a sales person from the broker you were assigned calls you and offers you to recover your losses if you deposit more money. You should never deposit more than the $250 initial deposit with any auto trader. If you have fallen into this trap or any other, at least keep the losses in $250 and don't make it any worse. The Binary Option Club will guarantee you to make you thousands of dollars, but the truth is, you won't be profitable ever using this bogus system.
The Binary Option Club is 100% a SCAM. You won't be able to find good reviews of them, but if you do, it is probably from the few people promoting them, and of course getting a higher commission for selling such a garbage product. As we all know, the commission on selling these crappy products will pay off way more than selling trusted products. The Binary Living Way family recommends you to stay away from this system and go with a Trusted Auto Trader. Our first choice has always been manual trading, which is why we are teaching strategies, or showing you products that will provide you with signals, and will not touch your money. The Super Profit Scalper and the Pips Wizard Pro are products that will provide you with accurate signals and will make you money, slowly but surely. Feel free to leave a comment and thank you for reading.
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