Binary IQ Review – Scam Software Exposed with Proof!
Binary IQ is a software in Binary options trading, based on autopilot. The Binary IQ provides signals for 5 minutes and 30 minutes expiry.
The Binary IQ trading strategy, The Trend Following Method, commemorates the effects of two market behaviors, Herding and Combination Bias. Both were said to be the reason why you dominate trades, winning by landslide margin leaving no doubt in your mind after minutes of using the Binary IQ App. The Binary IQ trading results claims a stable success rate of about 80%. Also we found out that the Binary IQ website at binary-iq.com was registered on 2017-03-10, making it relatively new. So can we trust them?
We have been into binary options trading for years. Our profession requires us to be quite prompt, and we have to be on the lookout for some of the best techniques and skills for trading. However, the binary options trading software is also in trend nowadays, so we ensure that we are updated with the latest software on the market.
We lately came across Binary IQ and like most other trading app, the claims were quite big. Let me reveal you the truth and that is; if you are willing to lose your money only then you can opt for Binary IQ. To know more just read the complete review. The persons who came up with the concept of this software are unknown, and their offering will not impress you.
Binary IQ Review
When you visit their webpage, you will immediately see they claims put up for the Binary IQ. The Binary IQ allegedly will place up to 14 trades per day on 7 trading assets. The Binary IQ trades across all time zones and the trading signals are sent directly to your MT4 platform, phones and email. They also claim that you have the ability to select from different risk levels according to your trading experience. They showed us verified trading results of their incredible signals according to currency pair, month, years and live trades. Now, can we believe all these when they could not even spare a short video or even a little space on their webpage to tell us about the people behind this software.
Binary IQ Scam
Who are they creators?
Now the minute we visited the website of Binary IQ software, our minds were full of doubts because we know that something important is missing. Binary IQ guarantees of earning huge profits but did not provide us with any name or company behind it. This is practically irrational and unexpected of such an app that acclaims such international reputation. Apparently there is no real trader behind this software. The people behind the software are faceless scammers who chose to hide their identities. Obviously, the Binary IQ software will never deliver its promises, thus these people will never want to associate their names with a worthless piece of software.
Both new and experienced can profit!
This is ridiculous. Get one fact straight and that is you can never make money if you do not have experience in binary options trading. It is a profession that requires skill and knowledge of the market so do not be fooled into believing that you can excel in the world of trading without having the knowledge about the job. Look at the snapshot and it is not that easy to increase your account by 30-50% in a month when you don’t have experience of binary options. Not only that it works for newbie traders, they also claim that Binary IQ have been tested to work even for those who doesn’t know how to operate a computer. This is really absurd and mischievous. This shows that they are really after those who know nothing about binary options, thus we are warning you to stay a distance away from these rogues.
Are they trading results real?
Now we find the concept of using trading results quite boring because what we feel is important are genuine testimonials and reviews from real traders who have used the Binary IQ software. The trading results are of no significance to us because nowadays, any body can copy trading result from anywhere just to make things look legitimate. Binary IQ has no genuine testimonials or review from authority financial news portal like CNN Money, Bloomberg or BBC endorsing it as a revolutionary software. The trading result of Binary IQ should not be something impressive or assurance to judge the software since there is no name behind the software
Needless to say, those trading results are not in any way verified as they claim. Like we said earlier, their is no link to genuine third party sites showing proof of verification so do not believe them.
Also there has to be a limit to exaggeration. When we went through the Binary IQ website, the creators claimed that the robot can be back-tested and forward-tested. In fact, the robot have been back-tested to show yearly result all the way back to 2010. This is a very big joke, an expensive one for that matter because traders money are at stake. First of all, you can not judge the current performance of a software based on the results it yielded some years back. Secondly and the most important is that there is no place on the robot where you can click for it to place trade on backward or forward basis. There is no such thing as back testing and forward testing in binary options because the industry is highly dynamic with price momentum changing at every given given second.
Binary IQ does not have demo.
The Binary IQ software fails to share a demo facility. This is because they don’t want the trader to see the poor performance of this software. Only if they provide a demo, then we will test the performance of this software ourselves. A demo feature is a logical way of verifying the quality of software.
Any Benefit Trading with the Binary IQ
There is no benefit opting for this system. If you get enticed and judge the Binary IQ based on they things written on the Binary IQ website including the fake coupon code, then this auto trader will hand your money to offshore brokers on losing trades.
Review Verdict : Binary IQ is not Suitable for Trading!
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Are All Binary Trading Signals Scams?
I can’t say that all binary trading signal provider are scams but there are definitely a lot of scams out there.
However, it is easy to stay safe once you learn how to recognize the scams, and fortunately, most of the scams have the exact red-flags, it’s almost as if they’re clones of one another. I wouldn’t be surprised if someone is churning out this junk websites day in and day out.
I wouldn’t recommend binary trading as a way to make money online to anyone who is a complete beginner because there’s a lot to learn. But this is not the case with Binary IQ as they lie to make you profits even when you have zero knowledge of binary option trading.
On the other hand, if you are attracted to auto trading then you might want to check out OptionRobot.com, as it’s one of the most popular and reputable auto trading system. You can also configure the robot according to your preference and you are provided with a demo account. See more details here.
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