Google Trader Review

googletraderEvery trader wants to be successful and earn lots of money when they invest in binary options trading. It is for this reason, that Ben Williams created The Google Trader fully automated software system to help make binary options trading a success for traders. From the moment it was released, Google Trader has been a popular option for binary options traders.

Williams also claims that the success of Google Trader is due to the fact that it is unsurpassed by other binary options automated systems. Seems a bit fishy, but worth a try. We have done extensive research on this software program. If you are interested in learning more, please read our Google Trader review below.

Basic information:

Cost: Free
Software: 100% Automated
Max Returns: Up to 100%
Minimum Deposit: $250
Countries: All nations

Pros:

– Start-up process is simple
– Free bonuses are provided
– Wide selection of payment options available

Cons:

– Stable Internet Connection needed
– Small choice of brokers
– Many empty promises with little result

7BO Verdict:

Not Reliable

 

Not Reliable Service

 

Is Google Trader A Scam?

Scam AlertYou can tell straightaway by visiting their website, that Google Trader is obviously a scam even though there are quite a few details about Google Trader that make it appealing to traders of all levels and degrees of expertise.

Over 1,000 beta testers gave this software system a run before it was launched. It was approved by all. Google Trader has an extremely high accuracy rate of 96.47%. This is due to the fact that the system conducts less trade than most other binary trading software system (59.3% to be exact). This helps improve the accuracy as it reduces the risks of loss. We feel this is an extremely suspicious trading system and therefore we highly recommend those who are out to make a profit in the binary options market stay away from it and try something else.

How Much Does Google Trader Cost?

CostsThere is no charge for the software, however, traders must invest with a broker that is approved and accepted by Google Trader, although at this time they have a limited amount of available brokers. You will receive the list of approved brokers once you have created an account with Google Trader.

You will be required to make a deposit before you can access the system. The deposit amount varies by a broker and averages $250. So yes, you are getting the software itself for free, but as per all binary options programs, you will need to make an investment prior to trading.

Screenshot

google trader review

How Does Google Trader Work?

Google Trader AlgorithmGoogle Trader uses algorithms based on Google by identifying trends in the trading market and searching out the best trading signals. Once it finds a potentially profitable trade, an alert is sent to the trader. The trader can then decide on the best way to place the trade to increase their profits to the maximum capacity.

There are a limited number of trading options available as in “Put” and “Call” Options, For example, the trader will receive ‘Call” alert if the trade options are increasing. However, they will be sent a “Put” alert if the trade is decreasing.

Binary options come with their expiry times range which include:

  • seconds
  • hours
  • daily
  • and even yearly options

Traders profit if they perform a trade and the expiry time is to their advantage.

User OpinionsUser Opinions

According to the opinions I found online, Google Trader is not the most reliable trading system on the market. Here are some examples:

Quotation marks“Why does this clear scam have the name of Google? Are their lawyers OK with this? I would think this would be a clear copyright violation. Regardless, I tried this system, and never got my deposit money back or made any money. They just vanished and never got back to me…”
Quotation marks“I lost so much money by falling for this kind of robots. I get so many emails everyday, showing all kinds of shady tactics to try and make you believe that you can be rich. Please don’t lose your hard earned money on this. They also show that live proof, when I was checking it with a live forex market it shows the correct price movement, but if the market losing, they make the software to shows that it had won. It is all a fake.”
Quotation marks“I’ve lost too much money with scam software like this one. I’ve activated an account with Google Trader and the software is not trading at all and I have been trading manually by using the Google Trader signals. It’s useless. The Signals were bad, and the Robot didn’t work “
Quotation marks” Signed up with Google Trader but it put me with the broker Chromex Capital? The Google trading account has no sort of help or instructions… It’s just running signals. Placed 4 trades using the service and won only 25%… That’s a very disappointing result. The binary option robot has placed one trade only so far and lost it!”
Quotation marks“I had the worst start with this Google Trader and the broker it recommended doesn’t answer any of my emails or anything. I am really feeling tricked right now. I wish I had never invested my money with this terrible program.”

How To Get Started?

  1. Sign up for Free: In order to sign up for a Google Trader account, users must provide their email and some basic information. The process itself is free, but before trading, users must depots finds into their account.
  2. Execute Trades and Earn Profits: With a 97% accuracy rate, traders are very likely to make profitable trades, especially when they let the automated system perform trades on their behalf.
  3. Withdraw your profits: Once a trader reaches the required volume of trades, they will be able to withdraw their profits. They will be required to submit the proper forms to do so.

Special Features

Mobile AppGoogle Trader has quite a few special features that seem to make it appealing to traders. It s compatible with IOS, Android and Windows operation systems and is fully automated. There is a mobile app available for Google Trader for those who live to trade while out and about.

There is no need for traders to undergo a long training period to learn how to interpret the graphs and charts on Google Trader. The software seems to be easy to use as it looks as if traders could profit with just a few simple clicks of the mouse. It is understandable why Google Trader is popular worldwide as binary options robot due to its big promises that seem to have very little success stories to support them.

Conclusion


Not ReliableWe are not satisfied with the Google Trader automated trading system.
It is easy enough for beginners to take it seriously and go ahead with it believing the best. However, more experienced traders will notice right away that it is not worth their time.

 

Recommended Brokers:

 Min. InvestMin. DepositMax. Returns   
Optionrobot
$1
$200
91%
Gold
Review
automated-binary-logo-small
$1
$200
90%
SilverReview
iqoption
$1
$10
92%
BronzeReview
All brokers >>
 
Min. Invest
Min. Deposit
Max. Returns
   
Optionrobot
$1
$200
91%
GoldRegisterReview
automated-binary-logo-small
$1
$200
90%
SilverReview
binaryoptionautotrading
$1
$200
90%
BronzeReview
Binarymate
$1
$250
90%
Review
nadexlogo
$1
$250
Review
Google Trader Review
2.2 (44%) 10 votes
7 Binary Options review: Google Trader: 1 stars.
John Miller
Follow us

John Miller

John has worked in investment banking for 10 years and is the main author at 7 Binary Options. He holds a Master's degree in Economics.
John Miller
Follow us

11 comments

  1. Nick G   •  

    I have recently invested with “Best Trades” and I have been looking for reviews, to see if they are trustworthy, but because of the nature of their name, I am unable to find anything online. Are you able to assist me?

    • John Miller   •     Author

      Hi Nick

      If you are looking for binary option robot – then Option Robot is the best.

      You will find full review here:

      Option Robot —>https://www.7binaryoptions.com/robot/

      John

  2. Carmen   •  

    Does it work in the Netherlands?

    • Sofia   •  

      Yeah, it does 😉

  3. Jim S.   •  

    Got some decent trades with this service, deffos gets a thumbs up from me

  4. Jaya   •  

    Does this work in india

  5. mitchell   •  

    Does it work in Zimbabwe

      • sunil   •  

        does it work in pakistan

  6. Stephie   •  

    I am new to binary options… I have an automated trading robot to execute trades. But I can’t locate a broker that lets me the use of an automated trading program.

    Does anyone have any to recommend? They should allow the use of a trading robot program for binary options? Thanks You!

    • Katie   •  

      Hi! Try IQoption, works perfectly for me!

Leave a Reply

Your email address will not be published. Required fields are marked *