Fair Auto Trader
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Fair Auto Trader is a completed automated binary option trading bot that claims huge profits with no work on behalf of the trader? True or scam? Read our review
Fair Auto Trader Review
Those who trade with binary options automated trading software are most likely aware that there are many systems that are fraudulent. They may have even seen some of these systems via email invitation or perhaps stumbled across one online. They may have even innocently fallen victim to one of the more cleverly designed scams.
Fair Auto Trader claims it can easily earn hundreds, if not thousands or even millions of dollars for traders with its fully automated software. Is this the real deal or just another fake trading bot? Read our Fair Auto Trader review to find out.
What is Fair Auto Trader?
Fair Auto Trader is a fully automated binary options trading software system that uses a series of algorithms to analyze and predict trading signals. It then determines which signals are likely to win and will place the trade on behalf of the trader. The sales video says it can earn thousands of dollars a day. However, one needs to remember that unless you are willing to invest thousands of dollars upfront, you are not likely to earn that much money on a regular basis. No trading system earns that much money in such a short time. We do not like the fact that Fair Auto Trader is trying to entice traders to sign up for their system with lofty promises that cannot be fulfilled.
How to Get Started
To be a part of Fair Auto Trader trading software you are required to register a trading account with one of their brokers which you then must fund with at least $250. Once you have done all of this, you may begin treading. The system is automated so it can trade for you, if you so desire. Once you earn some money, you may withdraw it from your account and use it as you see fit. However, the withdrawal system is confusing and tedious and varies by broker. We also discovered that none of their brokers are regulated. This means they do not have to follow the rules and regulations of the governing bodies that oversee binary options trading.
Final Conclusion: Is Fair Auto Trader a Scam?
We cannot come to an absolute conclusion that this system is a scam. However, we do not recommend that you trade with Fair Auto Trader. There are plenty of other more reliable trading systems available with which you can actually earn a decent profit. We have yet to see proof that anyone has earned any money with Fair Auto Trader software.
- Easy to use interface
- Automated trading 100%
- Customer service does not respond to inquiries
- No proof of winnings
- Traders cannot choose their broker
- Brokers are not regulated
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