With the explosion of binary options automated trading software, there are bound to be some systems that are unreliable. As well, a great many of them turn out to be scams designed to steal your money rather than produce a profit. It is important to know what you are getting into before you sign with a system. Luckily, sites such as ours provide unbiased and honest reviews about such trading systems.
PrePaid Profits is one of those autobots that claims it will earn substantial profits for traders with little time or effort required? Are they one of the reliable systems or just another fraudulent system trying to steal our money? Pay attention to the following PrePaid Profits Review for more details.
Software: 100% Automated
Max Returns: Up to 88%
Minimum Deposit: $250
Countries: All nations
What Is PrePaid Profits?
PrePaid Profit App claims that is a totally risk-free trading system that has a 100% success rate. First of all, no trading system is ever risk-free as there is always risk involved in binary options trading, just as in any other form of investment. There is no such thing as a risk-free trade and there never will be. As well, there is no way that a system can have a 100% winning ratio. It is just not possible. These facts alone leave a bad taste with us so we are already suspicious of PrePaid Profits trading system.
In the sales pitch video, as well as on the website, we are given no information as to who created the software, if there are any additional costs, how it operates and so forth. The lack of pertinent information also leaves us feeling wary of PrePaid Profits system. How can you trust a system that does not give you an ounce of insight as to how it operates?
Also, the screenshots shown during the video are obviously doctored and the testimonials found on the page seem biased and contrived, not the least bit sincere. At this point in our investigation of PrePaid Profits, we are not the least bit satisfied with this trading bot.
How Does It Work?
In order to use PrePaid Profits you must first create an account with a broker that is forced upon you by their site. You are not provided with the ability to choose your own broker. Also, we realized right away that none of their brokers are regulated so they do not have to be accountable to a higher governing system. This to us is very shady.
Once you fund your account you can begin trading. You are required to pay a small commission per trade to the “creator” of the system. Since we have no idea who in fact designed this system in the first place, we also find this to be a bit sketchy. So far, we find nothing positive about this system. Everyone is a bit unclear and we are more than suspicious of this software.
The website itself is pitiful and lacks information such as company address, licensing info and even information as for how to contact customer support. We honestly feel that PrePaid Profit is not to be trusted and cannot in all decency recommend this system to anyone as of this writing. All we have found are complaints from those who made their initial deposit, tried to access the software and never saw their money again.
Conclusion: Is PrePaid Profits a Scam?
We cannot say that PrePaid Profits is a scam trading system as of this writing as we do not have enough information at this point to prove our case. However, that being said, we feel that there are too many gray areas with this system and in our honest opinion, PrePaid Profits is shady and not to be trusted with anyone’s personal or credit card details or their hard earned savings. We urge you to look for a more trusted auto trader and stay clear of this system.
Start trading now by opening a FREE account to a TRUSTED Binary Option Robot by clicking the link below:
|Min. Invest||Min. Deposit||Max. Returns|
|All brokers >>|