The internet is full of auto traders and binary options software, but you can’t rely on all of them because most of them are fake and created just to steal the money of innocent users.
In today’s review, we’re going to discuss with you just another SCAM, which is recently launched in the binary industry. This binary software guarantees you profit of $15,000 a week, which is around $2000 a day. In the three-minute pitch, video Mr. James discusses every feature of his trading software. Even he deliver the reason why AlgoMaster System is better than other trading software available on the internet.
At the first place, we thought that everything we checked about this trading software is real and genuine. But on the demand of our readers, when we performed the in-depth analyses of this trading program. We realize that everything mentioned in the video is a lie.
Even we have gathered lots of proofs to prove our statement that AlgoMaster System is a SCAM. And in the following paragraph, you will read about every of them in detail. So without further ado, let us start out review.
AlgoMaster System Review
AlgoMaster System is the recently launched Auto Trader and binary options trading software using which you can make a profit of $2000 per day. James Torn is the founder and CEO of the AlgoMaster System. The software is created and developed by popular leading programmers, mathematicians after in-depth market analyst. The software only place trader with a winning rate of 94.6%. The software quickly analyzes the latest trend and always pick the winning trade.
AlgoMaster System is tested and proved by more than 300 beta tester using this trading software from last one year. Importantly this trading software only has 50 spots available for users.
In case, if you’re wondering to invest in this trading software, then we recommend you to read all the proofs which we have mentioned below.
New Binary Options Scams: Traders Revenge, Cash Formula Scam
Why is AlgoMaster System SCAM?
James is Paid Actor, and His Company is Fake
In the presentation video, James mentioned that he is founder and CEO of AlogMaster System. Now this is an entirely false statement. We have searched about him on the internet, and we didn’t found any CEO with this name having the same company.
Even we have checked this company with the address provided by him. Unfortunately, we find no luck in getting any information about his business.
So it is confirmed that James is a Paid Actor.
James Made $788, 333, 23 Last Year using AlgoMaster System
In the presentation video, he shared the screenshot of earning which he made around $788, 333, 23 in last year. Now this is another fake and misleading statement of the earning. We have checked the website domain registration details and come to know that domain was acquired by owners 9 April 2016, and the last updated on 19 June 2016.
Now if the website domain was purchased in this April 2016, then how he made this much money last year from the same trading software?
Also, it is clearly visible that James last sign into to his bank account on 29/october 2015. Now, what that means? He didn’t login his account till date? Fake and misleading statement.
So it is confirmed that software is fake, and there is something which he is hiding from us.
Amanda Morrison Earning is Fake
In the pitch video, all the members of AlgoMaster system shared their experience of using this trading software. In the members, there is a beautiful lady with named Amanda Morrison. Now if you check the screenshot of his earning. It is clearly visible that the amount she has earned in last year is huge, but we have already proved that software was available for users from last three month, then how he started making money last year.
Zero Risk
If you visit the official website of the AlgoMaster System, under features section you will read a note
Zero Risk: Trades will be placed only if Algomaster knows for sure that a profit can be made!
Now this is another fake promise by James. If you scroll down to the bottom of the website. You will read another note that:
We strongly advise that you read our full Risk Disclosure Statement and Privacy Policy before accessing this website.
But when we decided to read the Risk Disclosure Statement we found no page related to this. Now this is another misleading and fake statement.
Fake Success Stories
At the bottom of the site, you will find out some of the success stories shared by members of AlgoMaster System. Now there you will read the success story of Mike F. Now this is a fake story, and we have confirmed this thing by checking his image on the internet. We found that picture of Mike F is fake and stolen from the web.
As proof, you can check following screenshot where he is listed under “Portrait Of A Happy Man Laughing With Arms Crossed.”
So this confirms that another success story is fake as well as the AlgoMaster system is also false.
AlgoMaster System In the News
On the website, there is a section where you will see the popular financial sites endorsing AlgoMaster System. We have checked about all the statements on the internet, and we found no link where these sites were recommending this trading software.
These reviews are added just to win the trust of the users. Moreover, guys we are not alone who is claiming this system as worst scam but there are many other blogs which are doing same. You can check review of AlgoMaster System on topbinaryoptionssignal.com as well. They have also listed many proofs against this scam system.
Our Opinion
So it was all about AlgoMaster system review. As always, we have provided you lots of proofs which are sufficient to prove AlgoMaster System SCAM. We’re not recommending this trading software to anyone. Check out our recommended signals to find best performing and trusted binary options systems.
If you still want to invest in this trading software. You’re free to do so, but don’t forget to share your experience with us.
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Dear Sofy,
I would like to thank you for saving my money to be cheated few times after reading your review on few binary option systems.
2 months ago I had joined a scam binary option system but the broker is Option FM which is not a fake company after I checked some reviews from internet.
Unfortunately as of today, the money which is USD 250 still in the account not moving .
Now what should I do as there is no auto pilot system to start off with??
Any suggestions??
Hope to hear from you. Tq
Hello Eric!
Have you tried contacting their support?