Bank Tracker Bot is a new software offering innovative ways of controlling your binary options investments. But does Bank Tracker Bot really give you the best trading possibilities or it is just another binary scam?
There was not enough information to make an informed decision about this system in order to rate them as a scam or a legit one.
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The Bank Tracker Bot – BTB Software by Michael George & Steve
Trading can be quite distressing and tough to carry out. There are many elements which have to be taken carefully in mind. Picking the right kind of stock is one of them. Regular binary options investment systems operate with all of the four main types of assets. Yet, legitimate software is not easy to identify. Not only because there are so many robots in general out there. And new ones coming out by the hour.
But because a great part of binary options trading platforms turn out to be scams. Only a tiny fraction is actually legit. In the present review we’re going to take a look at the Bank Tracker Bot software and how reliable is it.
How Trustworthy Is Bank Tracker Bot?
Unfortunately, our investigation was not able to dig out much reliable data about this particular binary robot software. As far as we were able to find out, it was developed by a guy named Steve, who was a friend from college to the presenter of the promotional video streaming from the system’s official website – Michael George.
Other than that we know for certain that the binary investment platform uses an algorithm that trades directly on top of bank stocks. It takes advantage of the so-called ‘low volatility’ factor. This means that it is less prone to wild fluctuations. Therefore, more predictable.
But without additional data to back these claims up, we cannot recommend the binary trading solution as a legitimate one. More information needs to be gathered in order for this to be done. But the BTB system does possess some qualities which could possibly make it fall under the scam category.
Actually, the ‘low volatility’ factor that presenter Michael George talks about is nothing new. But fact is that bank stocks are not completely immune to drastic price movements. There are a lot of examples out there. Like if a certain monetary institution was involved in a laundering scheme and this information was released to public. In this scenario, its value would most likely decrease.
Basic Info On Bank Tracker Bot
Again, there is not much that could be said about this binary options trading system. Software presenter Michael George supposedly worked as a programmer who debugged programs for the different clients of an IT firm. He held the position for five years, during which he never got a raise and often had to work weekends to make ends meet.
Then, suddenly his old college friend – Steve called and shared with him that he had founded the Bank Tracker Bot binary options robot. So far, so good, but Steve’s persona remains completely mysterious. We are never given a last name, nor any kind of supplementary facts about him. And nothing could be found about him online.
Operational Process Of Bank Tracker Bot
As mentioned, the BTB trading robot uses a programming algorithm that targets bank stocks specifically. It takes forward ongoing events and sudden changes in the financial market and analyses them. Then, it sends signals to online investors so they can place their trades with the binary options software. Mr. George states that the robot has about 80% to 85% success rate.
As the binary trading robot is still new, however, and needs to prove that it can get the job done, we checked up how the online investment community feels about it. Our findings were not very positive. A great part of users appear to be dissatisfied with the system’s means of operation. Not only are the signals not authentic, but they seem to be suggesting losing trades. So, the Bank Tracker Bot is most likely not legit.
BTB Software in General
While it is not 100% proven that the Bank Tracker Bot binary options software is fraudulent, there is a very high probability that this is true. There is not much information accessible on the net about it. Not even any relating to the personality of the mystifying developer Steve. It is advisable that traders turn to a truly proven and legit binary investment system.
Our investigation team conducted a comprehensive investigation on Bank Tracker Bot to find out if this product is genuine. As a result we cannot say that there was enough evidence indicating if Bank Tracker Bot is generating high profits. We found many reasons that made us suspicious about this robot being a scam.
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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.