Social Tech Trader 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 Social Tech Trader and found out that this binary options auto trading software does not rate highly in Google Trends and there is no significant data about them (see the graphs according to Google Trends below). 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 Social Tech Trader is safe. You can Continue to Trusted Robot Site OR Choose one of approved and safe trading applications:

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Social Tech Trader Overview

The Social Tech Trader is a trading system that we are not sure is worth trying. Its growing popularity immediately attracted our attention. That is why we decided to check if this system is legit or is just another scam promising swift success.

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Is Social Tech Trader A Scam Software?

We studied all possible features that could indicate a scammer or an unreliable software. The overall result is that we cannot say with certainty that the Social Tech Trader is not a scam. There are several reasons why we think so.

First of all, the big promises it makes. According to the available information, once you start trading with this robot, you will come across some very special and profitable opportunities that will aid you on your way to winning big. Customer feedback points in the other direction – in a lot of cases the software fails to deliver on the promise of high profits with minimum loss and risk. Of course, binary options trading is a risky business and we cannot confirm that it is not authentic just based on that.

Another thing is the small number of reliable, meaning regulated and licensed brokers this system works with. Given the fact that very few brokers will risk their reputation and collaborate with unreliable trading software, this can be interpreted as a sign of some legitimacy problems with Social Tech Trader.

All these, and some other features showed us that the Social Tech Trader is not as reliable as its creators would like us to think, and has at least something to do with a scammer.

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How Does Social Tech Trader Work?

In order to start working with the Social Tech Trader, you have to link it to your trading account. Detailed step-by-step instruction is given on the website. You may wonder about more details? Well, we know that it collects market data, analyzes it and based on that analysis – generates signals. But we were not able to find sufficient information on how exactly the system does that. It made us doubt the authenticity of the signals.

If you decided to start trading with the Social Tech Trader, then first of all you shall open a trading account with a recommended broker, then make an initial deposit and start using the Social Tech Trader services.

How Much Does Social Tech Trader Cost?

The Social Tech Trader is offered free of charge. It works with a limited number of binary options brokers, which hinders traders from choosing the best broker and the best type of account, that suits their needs. And the type of account is of some importance since the initial deposit you have to make in order to start trading depends on the type of account you choose.

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The good news is that it is up to you how to work. You can use the signals generated by the Social Tech Trader, or you can set up automatic mode of the Social Tech Trader and let it trade for you. Only you can decide, what options is more suitable for you. Some prefer automatic mode, while others prefer to make decisions on their own.

Special Features

The Social Tech Trader is a somewhat acceptable binary options trading system for those who have just started trading, because it is very easy to use. But our experience with it shows that it is not the best choice for those who consider themselves experienced and successful brokers. It makes big claims and often than not fails to deliver. We cannot really agree that it is something worth trying.

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 Social Tech Trader. We cannot confirm whether Social Tech Trader 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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