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

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

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

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BinaBot Investigation

We just recently presented you with our investigation on the BinaDroid 2.0 trading software. It is still not proven to be reliable, and a new system was launched, using the exact same video and having the exact same website, but with a different name – BinaBot. From the video you get the impression that this is a system created by Troy Everett as well. But this similarity made us doubt the authenticity of both robots. Read our full review to see what more did we find.

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Is BinaBot Scam or Legit?

The only available information on this trading robot comes from the video of BinaDroid 2. That is why we can only speculate on what results BinaBot is going to exhibit. If the presentation is to be believed, this is an enhanced binary trading system. It has a claimed 92% – 100% success rate. The results of either BinaDroid 2.0 or BinaBot have NOT been confirmed.

In the members area you are presented also with the exact same testimonials. We very much doubt the authenticity of the offered testimonials since there is almost no information from actual traders on the Internet about the capabilities of BinaBot. And if you look closely at one of the testimonials, you will see that it quotes a 3-month-profit. How is this possible if BinaBot was only just released?

How Does The BinaBot Work?

If we consider the video, everything is exactly the same as the BinaDroid2 software. From the Android technology on which the systems are said to be based to the calculation on traders’ sentiment. BinaBot has the exact same motivation for monitor people’s behavior and taking it into consideration when executing trades – markets are driven by people.

BinaBot’s algorithms track not only traders’ sentiment but also some kind of signals. Risk factors and historic data are being considered when calculating a trading decision. BinaBot is supposed to be able to assess the reliability of signals and rank the accordingly. It then executes trades based on the ranks assigned or sends them to the trader for him to place manual trades.

Still, neither of the systems has been proven to work, yet. That is why our advice to is to either wait out or completely ignore the offers made by BinaBot. If you are a loyal supporter of the original software and its first version, better stick to it.

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Final Verdict

Instead of rushing into a sign up, wait it out. The BinaBot release is yet to turn into either something good or something horrible. You can still rely on the very well performing first version of the software, so if you want to try it out, better join the original instead of this relaunched. We cannot guarantee you that it belongs to the same people, despite of what is claimed in the video. Be smart about this and do not trust BinaBot for now.

Conclusion

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

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

 

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