It seems everywhere you turn anymore, there are more and more binary options automated trading systems appearing online. Some of these are useful, while others are fraudulent. But how does one determine if a system is legitimate or a scam? It’s so hard to tell as many of them seem authentic on the surface. We have made it our goal to help traders find the most reliable trading software available online today.
Medallionaire App is another system that claims that even a novice trader can become a millionaire with just a few easy clicks. Is this system the real thing or another fraud? Read our Medallionaire App Review for more information on this new trading system.
Software: 100% Automated
Max Returns: Up to 90%
Minimum Deposit: $200
Countries: All nations
– Easy to use interface
– Fully automated binary options trading software system
– Web Site is lacking company information
– Customer service is not responsive
– Clients must use one of the systems brokers
– Brokers re not registered with a governing body
Not Reliable Service
What is the Medallionaire App?
Created by James Simons, a mathematician and fund manager at Renaissance Technologies, the Medallionaire App is a fully automated binary option trading software system that is being offered to a limited number of traders. Supposedly Simons and his team have spend 9 years developing the Medallionaire App, figuring out complicated and sophisticated mathematical algorithms to accurately determine profitable binary options trading signals.
Simon claims that his ingenious system can earn millions of dollars for traders. He is offering the Medallionaire App for a limited time for a select few traders. There is no cost for the system other than the usual required initial deposit of $250.for the system other than the usual required initial deposit of $250.
Despite Simon’s claims, there has been no proof that his carefully allocated algorithms have been able to achieve any type of profit earnings. We have yet to find anyone who has used this system successfully.
How to get started?
To gain access to the Medallionaire App you must create an account with one of their recommended brokers. Upon our investigation of this system, we discovered to our chagrin that none of their brokers are registered with a regulatory body. This means that they are not held to any standards or legal guidelines. For us, it’s a huge red flag.
Once you have created an account and registered with one of their brokers, you need to fund your account with at least $250 and then you can immediately use this money to begin trading. The system is fully automated so once you set your desired trading guidelines; the system will make trades for you. If and when you start to see a profit, you may withdraw your money according to the rules of your broker.
Is Medallionaire App a Scam?
We cannot say with 100% proof one way or the other that the Medallionaire App is a bona fide scam. However, we have reasons to doubt the authenticity this trading system. There is not enough information provided to prove if this system is accurate or trustworthy. The website looks impressive at first glance, but lacks pertinent information, such as company history and details. We strongly advise that you proceed with caution if you chose to sign with this system. It is our honest advice that you opt for a more trustworthy trading system that has been tested and proven to have positive results.
It is our strong opinion that you should not trade with the Medallion system as we feel it cannot be trusted as safe and secure. Too many traders have lost their initial investment and not earned a dime with this service. There are plenty of other binary options trading systems available online if you wish to be successful in the binary options trading market.
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