Bank Tracker Bot Review

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Bank Tracker Bot Scam Review

Bank Tracker Bot is a new software offering innovative ways of controlling your Forex investments. But does Bank Tracker Bot really give you the best trading possibilities or it is just another Forex scam?

There was not enough information to make an informed decision about this system in order to rate them as a scam or a legit one.

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Top Forex Robots

The Bank Tracker Bot – BTB Software by Michael George & Steve

Trading can be quite distressing and tough to carry out. There are many elements which have to be taken carefully in mind. Picking the right kind of stock is one of them. Regular Forex investment systems operate with all of the four main types of assets. Yet, legitimate software is not easy to identify. Not only because there are so many robots in general out there. And new ones coming out by the hour.

But because a great part of Forex trading platforms turn out to be scams. Only a tiny fraction is actually legit. In the present review we’re going to take a look at the Bank Tracker Bot software and how reliable is it.

Unfortunately, our investigation was not able to dig out much reliable data about this particular Forex robot software. As far as we were able to find out, it was developed by a guy named Steve, who was a friend from college to the presenter of the promotional video streaming from the system’s official website – Michael George.

Other than that we know for certain that the Forex investment platform uses an algorithm that trades directly on top of bank stocks. It takes advantage of the so-called ‘low volatility’ factor. This means that it is less prone to wild fluctuations. Therefore, more predictable.

But without additional data to back these claims up, we cannot recommend the Forex trading solution as a legitimate one. More information needs to be gathered in order for this to be done. But the BTB system does possess some qualities which could possibly make it fall under the scam category.

Actually, the ‘low volatility’ factor that presenter Michael George talks about is nothing new. But fact is that bank stocks are not completely immune to drastic price movements. There are a lot of examples out there. Like if a certain monetary institution was involved in a laundering scheme and this information was released to public. In this scenario, its value would most likely decrease.

Basic Info On Bank Tracker Bot

Again, there is not much that could be said about this Forex trading system. Software presenter Michael George supposedly worked as a programmer who debugged programs for the different clients of an IT firm. He held the position for five years, during which he never got a raise and often had to work weekends to make ends meet.

Then, suddenly his old college friend – Steve called and shared with him that he had founded the Bank Tracker Bot Forex robot. So far, so good, but Steve’s persona remains completely mysterious. We are never given a last name, nor any kind of supplementary facts about him. And nothing could be found about him online.

Operational Process Of Bank Tracker Bot

As mentioned, the BTB trading robot uses a programming algorithm that targets bank stocks specifically. It takes forward ongoing events and sudden changes in the financial market and analyses them. Then, it sends signals to online investors so they can place their trades with the Forex software. Mr. George states that the robot has about 80% to 85% success rate.

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As the Forex trading robot is still new, however, and needs to prove that it can get the job done, we checked up how the online investment community feels about it. Our findings were not very positive. A great part of users appear to be dissatisfied with the system’s means of operation. Not only are the signals not authentic, but they seem to be suggesting losing trades. So, the Bank Tracker Bot is most likely not legit.

BTB Software in General

While it is not 100% proven that the Bank Tracker Bot Forex software is fraudulent, there is a very high probability that this is true. There is not much information accessible on the net about it. Not even any relating to the personality of the mystifying developer Steve. It is advisable that traders turn to a truly proven and legit Forex investment system.

Conclusion:

Our investigation team conducted a comprehensive investigation on Bank Tracker Bot to find out if this product is genuine. As a result we cannot say that there was enough evidence indicating if Bank Tracker Bot is generating high profits. We found many reasons that made us suspicious about this robot being a scam.

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Chatbot Tracker: Banks & Credit Card Bots

Of all the industries out there, it seems both the banking and credit card industries have been eyeing chatbots for quite some time. And each week recently, it seems that another bank or card company announces that they’re jumping in.

At Money20/20 last week, Mastercard announced its Facebook Messenger bot — MasterCard KAI — which will cater to U.S. consumers wanting answers to questions related to their accounts, purchase history, rewards and benefits. According to the release, Mastercard is partnering with Kasisto, which created artificial intelligence (AI) platform KAI Banking, to power branded virtual assistants and smartbots for financial services.

Also at Money20/20, Bank of America announced its own chatbot — Erica — which will operate through audio and text and be hosted on the bank’s mobile app. With her ability to analyze a customer’s personal financial data and generate recommendations, Erica is slated to launch in late 2020.

Some experts say this may be progress in some aspects, but the verdict is still out whether this is really increasing productivity or efficiency.

“While it’s great to see top players embracing chatbots, the use case and/or experience so far offered by any of such bots has not been something that would really wow the end user,” said Abhimanyu Godara, founder and CEO of personal chatbot platform Bottr. “Appears to be driven mostly by desire of some CxO’s agenda to ride on the bot wave!”

Other experts say this is affirming of the way consumers will engage effectively with payment and banking businesses.

“Mastercard’s move into chatbots is significant because it further validates the core value proposition of chatbots: scalable, one-on-one user engagements,” said Erez Baum, cofounder and CEO of Imperson, a conversation technology company. “It proves that brands and institutions across all industries are looking to chatbots as a way to engage with consumers on messaging apps, a growing medium where people spend a majority of their time.”

And others say this is happening, so those that want to compete in the space need to get a chatbot.

“We’re going to see a lot of banks and financial services companies investing in smart messaging technologies to answer account questions, offer financial advice and handle some transactions,” said Scott Horn, CMO of [24]7, a CX company powered by AI. “Keeping customers in digital channels helps contain costs and increase customer satisfaction because they can get immediate answers.”

Horn said that, in the next couple of years, chatbot banking will easily become commonplace for simple tasks. That said, he quickly followed up with the fact that AI is still critically dependent on humans for the foreseeable future, and human bankers will still be the decision-makers, leveraging chatbots to make informed decisions.

In fact, some experts in the space say that it may be tricky or strange to add a chatbot now, but in the long run, it may indeed pay off.

“Launching a bot can be very positive: 71 percent of people who have used them for customer service report overall positive feelings on their usefulness,” said Rurik Bradbury, citing research from his company LivePerson, a provider of mobile and online messaging business solutions between brands and consumers. “However, the key is to use them at specific points and for specific, obvious purposes. A majority of people would rather wait a short time and chat with a human, rather than use a bot. And a large majority — 80 percent — prefer to be told whether it is a human or a chatbot they are talking to.”

Either way, there is likely another crop of banking and credit card chatbots set to pop up soon, whether you want them — or use them — or not.

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Social distancing has changed eCommerce from a ‘want to have’ to a ‘must have’ for businesses, yet retailers could struggle to create convenient payment and refund experiences for their apps and websites, says Abdul Raof Latiff, head of DBS Bank’s digital institutional banking group. In the April 2020 B2B API Tracker, Latiff explains how banks can provide a timely assist via application programming interfaces (APIs) that integrate payments into those eCommerce platforms.

Bank Tracker Bot is a SCAM! – Review Exposes Truth!!

The Bank Tracker Bot (BTB) has gone viral and people have been requesting us to write a follow-up Review about it. Recently, many Scam software releases every day to cheat people. We have observed some similar software released in the binary options industry and most of them turned out to be a scam. So, judge and analyze before you sign up with an automated signal system. We advise that you subscribe to our blog to stay updated about the new software reviews. Let’s analyze the software and decide whether we can register with this or not.

Flashback: Bank Tracker Bot

Michael George, the alleged CEO of Bank Tracker Bot, used to work in a big IT company where he used to support clients of an accounting software. He used to work hard and round the clock, even on weekends instructed by his boss. One day a phone call changed his life. One of his university friends called him and told him how he became so rich by using the Bank Tracker Bot software. Working as a financial trader, he used to follow technique to trade bank stocks without using any charts or indicators. He never traded any assets without bank stocks. As stated by Michael, bank stocks trading is less volatile and easy to predict the direction. So, the accuracy of winning is much higher than any other stocks or assets. His friend Steve used to trade binary options with the Bank Tracker Bot App. He invited Michael to try to test the BTB system. Michael was unsure about the success rate of the system. However, he used the binary trading software and amazed to see the results. He shows how his $600 turned into $1000 within just an hour. After a month, he made $30,000 and quit his job to become a successful binary trader. See Recommended Brokers

Bank Tracker Bot Analysis

The Bank Tracker Bot program trades only bank stocks. The signal system can generate winning trades without analyzing charts, indicators or fundamentals. We are not sure how the Bank Tracker Bot system works because there is no information on the promotional video or written on the web page. The only information you can find is that the Bank Tracker Bot trades bank stocks. Well, if you trade blindly by not analyzing trends, indicator, financial data and technical analysis, then that is not binary options trading. That is more likely gambling and we never suggest you to invest money in gambling. Michael tells you a story about his friend Steve who informed him about this Bank Tracker Bot signal. But, Steve was not introduced during the video presentation. It made the story suspicious.

During the video presentation of Bank Tracker Bot website, Michael shows how anyone can make money. He put a $600 trade, which was his balance and come back later and shows the balance reached $1100. Isn’t it amazing? Well, it’s not. Because you should trade according to your balance. Pro traders place trades 5-10% of their real balance. So, if they lose the trade they don’t actually lose their entire balance. That’s called money management. What if Michael lost the trade of $600! He had to refill his balance again. So, we don’t recommend this type of trading software which can wipe your entire balance with the blink of an eye. See Recommended Signals

The funniest part of the Bank Tracker Bot video presentation was Michael’s statement about his fancy car, a villa in Italy, a villa where he lives with his 25 years old wife. He also added that he made $10,000 in May 2020 by using this Bank Tracker Bot program. So, how he can afford the fancy life he is leading with that type of earning! Don’t just register with the software and keep your money safe.

Recommendation: Stay away from Bank Tracker Bot

We want you to learn how to trade properly. Use some binary indicators and charts to increase your success rate. Learn about the fundamentals and trade on Demo accounts until you become an experienced trader. Please don’t gamble with your hard-earned money. Peace!

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Nasty scam review: Bank Tracker Bot

In this review we prove that “Bank Tracker Bot” is a binary options scam. It is presented by Michael George.

George says that he once got a call from his friend Steve who made him test a binary options trading software called the Bank Tracker Bot or BTB.

The Bank Tracker Bot allegedly has a 98.7% win ratio, so George is making a lot of money with it.

And because becoming millionaire is always free, you can get the Bank Tracker Bot for free.

Table of Contents

Bank Tracker Bot is a scam

This is really the typical binary options scam scheme, it brings nothing new to the industry. A poor story about a supposedly miraculous software, meanwhile in reality it is a recycled crappy app that loses money to its users.

In reality the creators of this scam will get paid by their broker for referring you as a new depositor. So they will push you to deposit to earn them a commission. Once you do it, they won’t care about you losing your deposit with the Bank Tracker Bot.

And what about Mike George? He is just a paid actor…

Testimonials

On the BTB web page you can see some testimonials, but as usually they are totally fake.

Fictitious numbers and names with stock photos.

Look at the picture to see where the photos are from.

The software

The Bank Tracker Bot is in fact an absolutely useless piece of software that generates losses. It is used by scammers only.

Take a look at the picture, lately it has been used in the Azure Method and Perpetual Formula scams.

We have a lot of negative feedback about this app.

Conclusion

Bank Tracker Bot is a very simple scam designed to lose your money in trading with a worthless app.

Making money with binary options requires more than that, first you have to build a really profitable strategy on a demo account.

Only then you can start to invest real money and achieve real profits.

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