Binary Option Optimum
Latest posts by Marcio (see all)
- IQ Option Launches FX Options - September 11, 2018
- IQ Option Introduces All-New Commodity CFDs, Forex Assets and Bitcoin - August 21, 2018
- SEC Rejects the Second Bitcoin Exchange-Traded Fund - August 1, 2018
As one of the fastest growing sectors of the online financial trading industry, the binary options trading industry has attracted many innovations that were designed to facilitate the trading of these financial instruments. One such market innovation is the automated trading robot which can come in the form of a piece of software or as a piece of hardware such as the Binary Option Optimum. The Binary Option Optimum is said to be able to help traders win 98.9% of the time. For this review, we will take a closer look to see if the Binary Option Optimum can really produce this kind of result or whether it is simply just a scam. To find out more, check our in depth review of it.
Software: 100% Automated
Max Returns: Up to 90%
Minimum Deposit: $200
Countries: All nations
- 3 different plans
- 3 different plans
- No pricing information
- Unrealistic claim
- Payment through unsafe channels
Not Reliable Service
What is the Binary Option Optimum System?
So what is the Binary Option Optimum? Unlike most automated trading robot, the Binary Option Optimum is basically a Trade Calculator Decoder. It is a piece of hardware which traders can use to help them improve the win ratio of their trades. The product was said to be a result of trading inputs gathered from a group of experienced binary options traders who wanted to help beginner traders achieve a higher win ratio for their trading activities. There are different types of trading plans offered which a trader can decide on once he signs up for this product.
Based on our observations, we found several red flags about the Binary Option Optimum trading robot that gives us cause for concern. First of all, we found it difficult to accept that any trading system is able to produce a win ratio of 98.9%. To date, no legitimate trading solutions provider or trading expert has ever managed a win ratio of higher than 80% on a consistent basis. In addition, the developer of the Binary Option Optimum has never provided any empirical evidence to support their claim.
We also noted that some of the content for the Binary Option Optimum website was plagiarized from several other binary options trading solution providers’ websites. Although this does not prove that Binary Option Optimum is a scam, it does show that the people behind this product are very unprofessional. If you cannot trust someone to deliver professionally, can you also begin to trust what they say?
And the way to go about purchasing this product is also highly unusual. While it is known that we have to make a purchase of the product in order to gain access to it, there is no mention of the price for the product on the Binary Option Optimum’ website. In addition, payment has to be made using bank wire transfer or western union which essentially rules out any chance of recovering your money if Binary Option Optimum turns out to be a scam.
How does it work?
As mentioned earlier, the Binary Option Optimum is a decoder. It is a piece of hardware which doesn’t require a separate power supply and works by plugging it into the USB port of your computer. It comes with both manual and auto trading features. On the auto mode, the decoder will execute trades automatically on the trader’s behalf. Once you have plugged the decoder into the USB port of your computer, you will be able to view the program on your computer screen, Instructions on how to open and close market positions will also be provided by the decoder. So how can you get access to the decoder?
First of all, you have to sign up and select one of the 3 plans offered and make your purchase. Once you have done that, you will then be able to trade just by connecting the decoder to the computer and letting it run automatically. To withdraw your profits, simply click on the withdrawal column and fill in the details of your withdrawal request.
From our research, we can find very little details about the performance of the Binary Option Optimum decoder. Despite the claim that it can achieve a win ratio of 98.9%, we find the claim to be unrealistic and lack any performance data and statistics to back up this claim. In fact, nothing about this product make it stand out as being a worthwhile product. So although we couldn’t find any definitive evidence which points to the Binary Option Optimum decoder to being a scam, we do not recommend our readers to risk their money on this product due to the many red flags that we have come across while reviewing it.
|Min. Invest||Min. Deposit||Max. Returns|
|All brokers >>|