With the explosive popularity of binary options trading, there has been a massive boom in the creation of binary options trading platforms and software. However, much to our dismay, a lot of these turn out to be phony systems created by dishonest people who are just trying to scam you out of your hard-earned savings.
So how does one determine the dependable systems from the hackers? There are plenty of warning signs such as unrealistic promises of earning millions of dollars, lack of company information on the website and certain catch phrases like “limited time offer” or “by exclusive invitation only.” However, those new to binary options and other online money making schemes may be swept away by the promise of huge profits. We strongly advise that you research a company before you invest any money and read as many off-site reviews online as possible. We have made it our mission to inform our readers of phony trading software platforms.
Profit Stackers claims to be the most superior automated trading system known to man. But the question remains: Are they telling the truth or lying to steal your money. Read our Profit Stackers review to find out more.
Software: 100% Automated
Max Returns: Up to 86%
Minimum Deposit: $250
Countries: All nations
– Software is easy to use
– Fully automated trading system
– Brokers are not controlled by a regulatory system
– Projected earnings advertised on sales page are just not realistic
– Customer service was not the least bit helpful
– No proof of actual profits has been documented as of this time
Not Reliable Service
What is Profit Stackers?
Quite honestly, after being subject to so many of these binary options scam software programs, they all start to sound the same. Only the names have changed. And sometimes the promises vary a bit. For example, Profit Stackers claims that it can earn traders $8,000 a day with its unsurpassable trading software which runs on a series of complicated algorithms.
That is another warning sign of a scam. When the presenter in the video talks about algorithms and binary trading signals and uses a lot of technical and market lingo but never really explains how the software actually works. If they truly wanted to sell a sincere product, they would give more information about the product and the company itself rather than a lot of technical mumbo jumbo that the average person cannot fully comprehend.
Needless to say, 8 grand a day is not realistic. That would mean $240,000 a month and 2.8 million dollars a year. These numbers are just not feasible, even with the best trading applications. Binary options can be very lucrative as an additional source of income, but it will never produce that kind of results in just one year.
How to get started?
To gain access to Profit Stackers trading software, one must register with one of the brokers recommended by the site. Then you need to fund your account with the standard minimum required deposit of $250. Then you can use this money to begin trading. If the system does successfully predict a trade, you can then begin the withdrawal process to get your funds.
We need to point out a few things right here. First of all, none of the brokers associated with Profit Stackers are regulated. This means they are not overseen by a governing agency so there are a lot of grey areas. This to us is very shady. Also, the withdrawal processes are unclear and many traders who have used Profit Stackers have complained that once they begin the withdrawal process, they never saw a penny of their initial investment nor the money the system had supposedly earned on their behalf.
Based on this alone, we feel that Profit Stackers cannot be trusted as we do not feel it is safe to trade with this software.
Final Conclusion: Is Profit Hackers a Scam?
After an extensive investigation of this trading system, we can honestly say that we do not recommend Profit Stackers as a means of trading binary options. While cannot outright say if it is a scam at this time, we do not feel it is a trusted source. We highly advise that you opt for another trading platform, one that does not make unrealistic promises and has actually produced some winning results.
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