Modern Profit Professor
It seems as though everyone is trying to cash in on binary options auto trading. Some systems are highly reliable and successful, while others are mediocre at best and some are just flat-out scams. It pays to take a few minutes to read some off-site reviews online to see if a new trading system is worth the investment. It could literally save you hundreds of dollars in the long run.
Modern Profit Professor was created by a former telemarketer who claims he has a gift for binary options trading. Of course, like all auto trading bots, it promises huge returns with little time or effort on behalf of the trader. Does this one work or is it a scam like so many others? Read our Modern Profit Professor review to find out more.
Software: 100% Automated
Max Returns: Up to 88%
Minimum Deposit: $250
Countries: All nations
- Completely computer automated
- User-friendly website designed for ease of navigation for new traders
- Brokers are not regulated
- Estimated winnings are totally impossible without a huge investment
- Traders are not able to use the broker of their choice
- Customer service does not respond to inquiries
Not Reliable Service
What Is Modern Profit Professor?
MP Professor was created by Mario Addesi, a former telemarketer turned business guru when he paired up with his now-partner Harrison Glass. Together the two created MP Profit Processor trading software but Mr Glass passed away a few years ago. Adessi made a promise to himself to make MP Profit Professor the best trading software ever to hit the airwaves in memory of his deceased business associate. Did he make true to his promise, though? Or is MPP just another fake bot designed to steal your money?
MP Professor promises daily profits as high as $2,500 which unrealistic to the seasoned trader. However, to a novice trader, this amount might seem enticing. We feel that it is necessary as always to remind our readers that there is always an element of risk involved in trading binary options, with a trusted broker or an automated software app. The average win per day is usually under $1,000. This increases, of course, if you should choose to invest a great deal of money upfront. So keep in mind that when a system promises huge returns there is either a catch or it might not be a trustworthy trading method.
How Does It Work?
As with any other trading software, you must open an account with a broker and fund your trading account with the required minimum deposit of $250. You will then be able to immediately use these funds for trading purpose. Since Modern Profit Professor is a fully automated trading bot, you can set the system to auto trade so it places trades on your behalf based upon your chosen parameters. According to Adessi, MP Profits runs on a series of complicated algorithms that determine which trades will produce positive results, hence his claim of profits exceeding 18 grand a week.
However, during our investigation of MPP software, we discovered that most traders did not have a positive experience. They lost their total investment, were unable to withdraw their profits or did not experience any success at all. There are numerous negative reviews in which account holders tried in vain to reach customer service. Plus, we discovered that many of their brokers are not regulated, therefore it is hard for us to say whether or not this trading system is on the up and up. We feel that our readers would greatly benefit from trading with another trading bot that has a steady reputation for long-term profits.
Conclusion: Is Modern Profit Professor a Scam?
At this time we have no solid proof that Modern Profit Professor is a verified scam, but we can say for certain that we do not consider it to be a stable trading platform. We have yet to see consistent results and there are far too many complaints from those who have lost the entirety of their investment. It is our recommendation that you do not trade with this system and look elsewhere.
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