Creators of binary options scam systems do not provide useful information to users very often because there is none such existent. If user pay attention to a new piece of software focused on copy trading and called 100K Binary Challenge, they will notice that there is not much data about it.

Skip the Content & Read the Final Conclusion

The landing page of the signals-generating solution states that users will have no problems to turn a $250 initial investment into a $100,000 profit. User testimonials, however, go to prove that this is highly unlikely as there have been very few people that have actually managed to accumulate and withdraw their profits.

We carried out a thorough research into the 100KBinaryChallenge and the results did not come back very promising. The fact that the automated trading software does not have a creator is alarming to say the least. If you would like to find out whether the binary options system is scam or legit – continue reading below.

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Basic information:

  • Price: Free Software
  • Software: Signals-Generating & Copy Trading System
  • Max Returns: 91%
  • Min Deposit: $250

Pros:

  • Small Initial Investment

Cons:

  • No Creator
  • Fake User Testimonials
  • Not Proven to Work
  • Inaccurate Signals
  • Fabricated Approval Stamps

Top10BinaryDemo Verdict

Not Reliable Service

What is 100KBinaryChallenge System?

100KBinaryChallenge is an automated trading system which is available to online users 100% free of charge. It is both signals-generating and copy trading and it operates according to the London and New York Stock Exchange. However, traders should keep in mind that there is no data suggesting that there is anyone who has ever profited with the software.

On the official website of the robot it is stated that it receives direct signals from the two largest stock exchanges in the world and allows anyone who has signed up with it to copy them[1]. Which means that Internet investors are provided only with the possibility to trade for a limited number of hours five days a week.

Interesting Fact:

There is no binary trading system which has the ability to receive signals directly from the biggest stock exchanges[2]. This would affect how the latter operate and probably hinder their working process and the amount of profits they collect on a daily basis.

How to Operate with 100KBinaryChallenge?

Our investigation did not manage to come up with any solid data regarding how exactly this signals-providing system manages to receive its stock exchange trading information. The creators of the software have also not provided any additional information as to what type of algorithm does 100KBinaryChallenge have.

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It allows Internet investor to mimic the financial operations carried out by people that are more successful than them. However, one must not proceed without caution when placing the said as it is not proven that the system can generate solid profits.

Is 100KBinaryChallenge Scam or Reliable?

From what we were able to come across about this binary options system, we can not recommend it to online traders for the carrying out of a safe and secure investment process. Data about it is so scarce that there is a very high likelihood of it being scam. The stamps of approval and security certificates that appear on its official website are most likely fabricated.

The best thing one could do in cases such as this one is to sign up and open an account with a proven to be reliable and legit income-generating solution. There are higher chances of acquiring a profit.

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Final Thoughts

To summarize, we would like to emphasize that while it is not 100% concrete that the 100KBinaryChallenge is a scam – it is most certainly dubious. We came across absolutely no information as to who exactly has created the software and what hi basic concept was.

For the time being, it would be best to refer from conducting online trades with this signals-providing system. There are far better ones on the Internet.

Conclusion:

t10demo_high_risk_stampOur investigation team conducted a comprehensive investigation on 100k Binary Challenge to find out if this product is genuine. As a result we cannot say that there was enough evidence indicating if 100k Binary Challenge is generating high profits. We found many reasons that made us suspicious about this robot being a scam.

 

In order to protect traders from bad trading experience and financial loses we recommend you to

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David

David

Hello!
I am David Raines, a Binary Options trader with years of experience in online trading. I write reviews of Binary Options Brokers, Auto Trading Software and Signals Providers.
David

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References:

1. Return of the Day trader: can you earn a living by copying other investors? (David Robinson – The Telegraph, 2014)

2. The 17 most valuable stock exchanges in the world (Will Martin – Business Insider UK Magazine, 2016)

3. International financial markets (Edwin H. Neave, 1998)

4. Financial system change and performance (Edwin H. Neave, 1990)

5. Forecasting volatility in financial markets: A review (Ser-Huang Poon – Journal of Economic Literature, 2003)

6. The role of trading volume in forecasting market risk (Skander Slim – Journal of Financial Risk Management, 2016)

7. Foreign exchange risk management: issues, analysis and empirical applications (Beatriz Arguelles Lebron, 2014)

8. Evolution of online financial trading systems: E-service innovations in the brokerage sector (Alexander Yap – Cases on Managing E-Services, 2009)

9. Liquidity, transaction costs, and reintermediation in electronic markets (Ian Domowitz, 2001)

10. Are trading rules profitable in exchange-traded funds? (Terence Tai-Leung Chong, Elton Hei-Tung Li – Technology and Investment, 2011)