Aram Binary Options promises very high and quick profits to traders. But does this Forex Robot really work or is it a Scam?

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Our Robot Testers made a research of Aram Binary Options and found out that this Forex auto trading software does not rate highly. As an alternative we have selected our Top Safe Forex Auto Trading Systems along with detailed reviews for safe and secure trading.

Since we haven’t gathered enough information yet, we cannot confirm that Aram Binary Options is safe. You can Continue to Trusted Robot Site OR Choose one of approved and safe trading applications:

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What is Aram Binary Options Group?

Developed in late 2016, Aram Binary Options Group is a signal service provider. Unlike a Forex trading robot that executes trades on behalf of its users, Aram Binary Options only sends signals to its users via skype.

The information presented on the homepage of their official website appears to be very gripping and persuasive. From the look of the website that is to some extent professionally developed, it seems that the people behind this group are also very professional. This so-called Aram Binary Options Group claims to have over 17,000 live members and they also claim to have sent over 93,000 signals to date. But, our investigation into this signals service has proven otherwise.

In this review of Aram Binary Options Group, we have highlighted all the details about this signals service and the reasons why we believe it is not a legitimate solution for trading Forex.

How Does Aram Binary Options Work?

Aram Binary Options Group is a team of analysts that research the financial markets and provide trading signals to its subscribers. A trading signal is basically an alert that advises the trader about the most profitable opportunities in the market. According to the team at Aram Binary Options, they analyze the price of the assets by studying charts and related trends and reach a projected movement which they then transmit to the trader. Signals are sent in real time via skype only.

Traders don’t have a choice as to how they can receive the signals. The validity of signals ranges from seconds to few hours and days depending on the opportunity that the market presents. Aram Binary Options charges fees for providing signals. They offer a variety of packages and the subscription fees for each package varies.

Is Aram Binary Options Legit?

Since the signals are sent in real time, traders have to make trading decisions instantly. They have to be present in front of their computers throughout the day waiting for the signals to arrive. As soon as the signals arrive, they can decide whether to use them for trading or not. If traders decide to use a particular signal, they have to execute the trade manually.

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Just like any other form of trading, Forex trading also carries a certain degree of risks. The signals generated by Aram Binary Options Group are not very reliable. It has already ruined the accounts of unsuspecting traders who subscribed for the service.

They claim that the signals are generated by real live professionals and have an accuracy of at least 78%. Moreover, they also claim that they send 14 signals per day. If their words are to be believed, an average trader is supposed to win at least 11 trades out of the 14 he/she executes based on the signals sent by the group. But, traders who have used their service have lost their investments which implies that this signals service has been created to cheat traders.

Aram Binary Options Group – Scam or Not?

Out of the 14,000 or so subscribers they claim to have, there is not even a single trader who can verify the genuineness and authenticity of this signals service. Traders are being fooled by the empty promises made by the service providers.

It is easy for traders to fall into the hands of fraudulent companies, brokers and signals service providers. On the surface, they may look very genuine and make big promises, but when you deposit your hard earned money, it will become difficult for you to get out of the scam. The withdrawals procedure may become a nightmare as well because these kinds of fake services are often linked with shady brokers.

Generally, traders should be allowed to use any of their existing brokers when they subscribe to a signals service. But, Aram Binary Options Group recommends the broker that you must have an account with. Their choice of broker is unregulated and has a poor track record in the industry.

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Lack of customer support service is also a sign that the service provider is not genuine. If customer support service is not available during the trading hours, then there is no guarantee they will be available when you faced with technical glitches and withdrawal issues.

Our Verdict

The truth is that Aram Binary Options is a potential scam service. It will fail you until your entire account is wiped out. It is very disappointing to be fooled by the promises made by these kinds of companies because in the Forex industry, almost everyone is looking for quick wealth, but they don’t realize that the market itself is so unpredictable and it is not possible for any person or any software to make 100% correct predictions.

There are Forex signal services that work really well. But Aram Binary Options is not one of them. This is the reason we advise traders to keep away from it and avoid subscribing to their signals.

Conclusion

high_risk_stamp_top10_BRAfter making a detailed investigation our team came to the conclusion that there are better Forex to trade with than Aram Binary Options. We cannot confirm whether Aram Binary Options is a scam robot or not, but upon investigating we found a lot of traders’ comments and complaints about the performance of this Forex robot and we don’t have confirmation that it can achieve the profits advertised via email.

We recommend you to Continue to Trusted Forex Robot and avoid scams by choosing a High-Rated and Trusted Robot on Top10BinaryRobots.com

 

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