Searching for automatic binary options trading robots, I just came across a new one called BinBotPro.
I decided to examine the BinBotPro website to see just what they are all about. Does it seem reputable? What brokers is the system affiliated with?
I have decided to tell you all I can find on this automatic binary options trading system so you have an unbiased review to help you decide if it is a robot you may want to use.
BinBotPro is a new automatic trading robot that was registered as a website in October of 2016.
There is very little information about BinBotPro. There is a list of awards this robot has won at the bottom of the website that include:
- The Best Binary Robot 2016
- Tech Finance Journal Award 2015
- iFX Expo Asia Award 2016
I question these awards… Especially the 2015 award since this site was not even registered until 2016.
How To Join BinBotPro
You click the join button and enter your personal information. You will then choose the binary options broker from the 2 available.
Is there any difference since both brokers are owned by Lerona Impex SA located in Seychelles.
You will then have to deposit money in your broker account to use BinBotPro. The minimum is $250.
How BinBotPro Works
The website gives us no information. It simply explains that we need to choose one of 3 robots based on the income we want to make. They are Gold, Silver and Bronze.
I decided to try live chat to see what they would tell me butt they want too much information.
I find no mention of results and I would be willing to wager that the results would be terrible.
This system probably won’t be around very long, because who in their right mind would agree to sign up without more information.
There is no transparency. You cannot find who owns this trading robot and the fact that it only uses 2 brokers, both owned by the same company and both unlicensed tells me that this robot will probably take your hard earned money quickly.
You have no control how the robot will trade. You just set the level of income you DESIRE to make. That does not mean the system will make that income for you.
Personally, I suggest you do not enter your personal information on the automatic trading robot website. There are much more reputable automatic trading systems available.
Time will tell, but at this moment in time, everything tells me that BinBotPro is a scam.
If you have used BinBotPro with good results, please let us know.