Binary Master Bot Scam Review

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Best Binary BOT Strategy Automatic play in the Support and Resistance area #893

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ChinthakaJP commented Oct 9, 2020

Anyone Know About This Bot

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binary-ex-machina commented Oct 9, 2020

Already tested this one and wasn’t good on my tests. Besides compound and martingale, smart martingale just delay the first duplication of the stake after loss. Nothing too smart.

The strategies don’t have consistency and the bot is very hard to understand, since developer didn’t use functions to separate the flow, making it very complex to modify and improve.

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LuckyGodwin commented Oct 9, 2020

@binary-ex-machina .. please help us with a consistent bot please

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LuckyGodwin commented Oct 9, 2020

@binary-ex-machina ..I am new to programming or building blocks.. please be kind help me with a consistent XML bot

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binary-ex-machina commented Oct 9, 2020

Download them all and test. I’m sure you can make money with these bots (not selling them, please), improving and mixing them

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Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Get Your Sign-Up Bonus Now!

  • Binomo
    Binomo

    Good Broker For Experienced Traders!

LuckyGodwin commented Oct 10, 2020

@binary-ex-machina . All I see there are codes upon codes.. not XML file

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LuckyGodwin commented Oct 10, 2020

@binary-ex-machina .. please I don’t understand what to do or how to use those bulky codes.. please what do I do?

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binary-ex-machina commented Oct 10, 2020

click on folders, all XML are in there.

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LuckyGodwin commented Oct 10, 2020

@binary-ex-machina .. please don’t be offended. I clicked on the folder like you asked me to..
But I don’t know what to do with those codes.. it’s all I see there.. please help me what do I do? How do I use those codes? How do I get the XML file format from that folder?

FX Master Bot Honest Review

If you are planning to sign up for the FX Master Bot, we recommend that you read first the review so that you will learn some important points. This complete review can help you understand and appreciate the FX Master Bot, and earn from it. The good thing about the FX Master Bot is that it provides us with only the right and legitimate information and tools that can allow for a legal way to earn money through trades. The team behind the product has even provided a good overview of the system and how it works. Instead of confusing its users, the team explains the functions and benefits of the system in a straightforward manner. It seems that they know their product, and from what we have learned, the app is a highly credible system to use.

Compared to other systems that are available in the market, the Forex Master Bot features advanced technologies that are not found in other platforms. It offers a variety of custom tools that can make trading more efficient. It also comes with a free demo mode which can help beginners appreciate the markets and trades. The software also gives traders like you a chance to move through different accounts, and have fun along the way.

Legit Binary Options Auto Trading Robot

The platform also offers a Leader Board which can be appreciated by different types of traders. Another great feature of the platform is the presence of a dependable customer support system. It’s highly recommended for traders to participate in the FX Master Bot review system. Security is assured in this platform, which means that your funds are protected at all times.

Why FX Master Bot is Not a Scam

It’s okay to ask questions and cast doubts on certain platforms. After all, you are going to invest time and money in these systems. But if you are going to choose FX Master Bot, you will be in safe hands. The team behind FX Master Bot is backed by experience and they know what they are doing. Here are other things that truly make this platform a dependable platform.

One, FX Master Bot offers a secure platform where all trades can be completed. It offers secure payment options too that can protect customers at all times. As soon as customers sign up for the platform, they will be presented with complete guidance on what they can expect and what they should do. In fact, FX Master Bot offers traders the things that they should do (or not do). This platform provide the traders will all the information they need on how to make sense of the trade, including how the algorithm used operates. The designer of the platform puts premium on its customers, and provides members with easy access to the Customer Support team. For other questions regarding the reliability of the trading platform, traders can always check out the reviews and testimonials that are available online.

How to Get Started on FX Master Bot Website?

Just follow these simple steps if you want to take advantage of the FX master Bot:

  • Sign up for an account on the official website
  • Open an account with the broker
  • Make that first deposit and activate the trading robot offered by the platform

As previously mentioned, the minimum deposit that can be made is $250 in many brokers, and the withdrawal limits may vary. Keep in mind that the FX Master Bot comes for free, and traders will no longer have to worry about charges or commissions.

Crypto Master Bot Review, Is This Crypto Bot SCAM Or Not?

Welcome to our Crypto Master Bot review and scam investigation. The Crypto Master Bot scam trading platform is advertised as your path to “lucrative trading With A World Class Auto Trader”. In the website, it is claimed that members get free and instant access to “Top Rated Automated Trading Signals”, and that no download is required. Today, we will explain in detail why we have blacklisted this cloned crypto robot despite the fact that it is currently being endorsed by some of the leading Bitcoin and cryptocurrency review sites. So yes, we have already hinted at the reason why we believe Crypto Master Bot is a scam trading robot despite it’s seemingly impressive design and upgraded functionality. However, in all honesty this software is marketed as a fully automated trading robot, but in reality the signals are semi-automated and you have to approve each and every signal in order for the contract to be purchased. It’s worth mentioning that there is a trend which is currently growing and it has to do with the fact that most brokers these days will not permit access to a fully automated trading API into their database and CRM. Why is this happening? Brokers will tell you it’s for security-related reasons, but that’s a half-truth. In reality they just prefer customers who they can control and get more money from without having various automated systems in place. Sounds shady right? Well, no one will tell you this but trading is like going to war and every side is busy fighting for their pound of flesh so choose your weapons wisely.

This is exactly the case with Crypto Master Bot. Complaints we received indicate to us that brokers (some regulated and some are not) are constantly trying to get members to trade manually using a strategy instead of a system. While there is absolutely NOTHING wrong with a strategy, members signing up for a certain service or software actually want to try it out and see if it works. Brokers are impatient and will immediately try to sell you one of their in-house systems or get you to trade manually for reasons aforementioned. So yes, as we suspected the affiliate networks which are promoting the Crypto Master Bot scam are out to get their commissions, whilst the brokers are pushing you to reinvest because that it their profit margin. If you don’t feel like being last in line holding the proverbial bag of nuts and scratching your head, please take a minute and read our Crypto Master Bot review because we exposed this fake trading app and fraudulent investment platform.

Official Website, Login Page, and Members Area: crypto-masterbot.com (there is a fake URL too)

Proof of SCAM
OK so here we have taken the liberty of doing a comparative illustration between the Crypto Master Bot, and FX Master Bot which is the previous version of the software. A quick look below reveals that both systems are completely identical, only named differently. Again, we want you to take a really good look at the image below so you can see exactly what you are getting yourself into.

Crypto Master Bot Signals – Cloned Software

What Is Crypto Master Bot and How Does It Work?
As it’s name suggests, Crypto Master Bot is supposed to be an automated cryptocurrency trading system. They claim the software executes automated strategies without any form of human intervention. There is also mention of technical indicators which are supposed to be “the most precise and efficient in different market cycles”. They say the system works by utilizing an algorithm which analyzes market trends and monitors real time data. In this way the app is able to “selectively peak trades with extremely high winning probability, and minimize potential risk” (or so they say).

Crypto Master Bot Review: Functionality and Trading Dashboard
In the Crypto Master Bot website, they claim that members don’t have to “analyze complicated charts or evaluate numbers” since the “robotic mechanism does the work for them. They mention “built-in algorithms” which make it easier for to follow the signals successfully. There is also a Crypto MasterBot Demo account which is “Risk Free”, but from our experience “demo” is the most deceptive of all gimmicks since you always win in demo and lose in real money mode. After testing this platform in both demo as well as real mode, we found out that Crypto MasterBot is no exception regardless of the broker which is allocated to you (regulated or not). The trading dashboard seems to be intuitive and user-friendly, as the signals are generated in a way which is transparent. There is also a radio box section where you can select or un-select assets such as Forex currency pairs.

It is also possible to reduce the minimum investment amounts by dragging the bar, so we can understand why some websites would be willing to endorse this service but it does not change the bottom line; namely that Crypto Master Bot is a losing software.

Is It Free?
As you may have guessed nothing is free. It cost us €250 to get started and in about 15 minutes the money went “poof” and disappeared as if it never existed. Our broker was Markets Cap which is an unlicensed brokerage operating out of Sofia Bulgaria.

Crypto Master Bot Trading Account

What’s All The Fuss About?
As we mentioned, we can understand why some review websites gravitate towards this type of system and endorse it. We actually know who the people are behind this software and they are more like bespectacled computer geeks and less on the sleazy scammer type of personality so we are classifying them as nerdy scammers and advising our members to avoid Crypto Master Bot.

Fake Crypto Master Bot Reviews
Well this is a thorny issue because various industry review websites do have a point in the sense that the software is scale-able and allows you to control your risk level. Still, sometimes you have to transcend and look beyond the features and ask yourself if the system delivers as it should. The answer is simple, it does not.

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Legitimate CFD Trading Versus Fake Apps
We like trading crypto CFDs and know for a fact that it is an excellent way to generate money, but you have to know what you are doing or at least get your hands on some serious systems. In this context the Crypto Master Bot scam is in many ways “playing pretend” in the sense that it tries to project a sense of authenticity, when in fact the opposite is true. The contract rates are presented clearly, and there is control over your risk but at the end of the day the automation is faulty and performance is sub par.

A Few Tested Alternatives
Don’t stress it’s OK. If you are totally standoffish at this point it’s very well-understood, but if you are still in the mood to try out something new which actually performs consistently then we invite you to check out our recommended section where we list all the systems we tested personally.

Crypto Master Bot Review, Summary, and Conclusions
We have decided to blacklist the Crypto Master Bot scam signals app and bogus auto-trader. We know that you will lose your money if you invest because we received complaints from our members and they all point to the same conclusion (it’s a scam). If you believe we have misjudged or have gone too far with our conclusions, simply reach out via our contact page or social media and we shall try to produce additional proof or evidence for you.

TBBOB

Fighting online scams since 2020

EMBARASSING SCAM: BinaryBotMaster review

In this Binary Bot Master review we prove that it is a scam that wants you to lose money with binary options.

Binary Bot Master is supposed to be a binary options signals service with a win rate “up to 77 %”. Trading signals are allegedly generated by a team of 100 analysts. You can even get one that will advise you.

And as money is free nowadays (right?), you can get access to BinaryBotMaster for free.

Table of Contents

Binary Bot Master is a scam

The BinaryBotMaster presentation is full of lies. They promise you binary options signals from a team of professional analysts, which by definition means investment advice.

But if you read their Disclaimer, they say they won’t provide with any investment advice. Why? First of all because investment advice is a regulated activity, so they would have to be regulated in their country. But as it is an anonymous scam, there is not even a contact address, let alone a financial licence.

Results

This scam is so poor that they did not even bother to put up enough fake trading results to persuade you.

The last data is from October, which is fairly old. So this scam is not even maintained properly.

Scam software

The main point and the main proof that BinaryBotMaster is a scam is the trading software. We tested it and we immediately recognized a famous white label binary options scam robot.

This software is used by many other scams, like Binary Auto Trader, Option Robot or Xpertsignal.

The most disgusting aspect of this scam software is that it provides you with a demo that fakes results. It is showing big profits, but they are fake! If you fall into this trap and let it then trade with your real money, it will lose it, because it is a losing software!

Real purpose

So now you know that Binary Bot Master is in fact a robot that generates trading signals based on a crappy algorithm, there are no professional analysts behind it whatsoever. It even fakes demo results to make you believe that it works. Why?

It is very simple, people who are behind it are associated with some brokers that pay them for referring new depositing clients. So the only purpose of BinaryBotMaster is to make you deposit money with an associated broker, because it will earn an affiliate commission to the scammers.

Conclusion

Binary Bot Master is a stupid scam that wants to take your money and lose it in trading with a crappy software. So stay away from it!

You can try a genuine free demo with a regulated broker to see how you can really make money with binary options.

First you have to learn how to trade profitably on the demo, only then you can start investing real money.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Get Your Sign-Up Bonus Now!

  • Binomo
    Binomo

    Good Broker For Experienced Traders!

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