Many binary options scams often reappear onto the online market under a different name after some time has passed. They rely mainly on the fact that the general trading community has forgotten about them. A new auto-pilot system called Cloud Track Trader and supposedly created by a guy called James Christian was recently released onto the Internet.

The piece of income-generating software can allegedly generate $1,250 per day relying on a GPS technology based computer algorithm. Mr. Christian claims that it is mathematically impossible for the binary options robot to lose a single trade. But is this really so?

Our investigation into CloudTrack Trader reveals that it has connections to some very dubious profit-amplifying systems that made a lot of people’s investments disappear. If you want to learn whether it is scam or legit – read the following review.

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Basic information:

  • Price: Free
  • Software: Auto-Pilot App
  • Max Returns: 100%
  • Min Deposit: $250

Pros:

  • Fully Operational

Cons:

  • Requires Internet Connection
  • Download-Only
  • Negative User Feedback
  • No Special Features
  • Connections to Scam Software

Top10BinaryDemo Verdict

Not Reliable Service

What is CloudTrackTrader App?

This binary options systems allegedly utilizes the Global Positioning System network in order to process data that concerns market patterns. Creator James Christian claims that it can analyze it 7 millionths of a second faster than other income-generating solutions. He is the supposed CEO of the company behind the robot – Cloud Track Trader and has been responsible for the software’s initial public release in December 2014.

He and his team have supposedly dedicated 2.5 years to upgrading the automated trading app which has not lost a single investment because this is mathematically and statistically impossible. However, our inquiry into the matter has proven that this is not exactly true.

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It would be more correct to state that it is unreasonable to claim that it achieves only success. Users should always be weary of the fact that there is no guaranteed 100% success rate in online finance. Any binary options system that states to be in possession of one is certainly devious.

Interesting Fact:

The GPS technology[1] that CloudTrack Trader App is actually existing. Upscale companies like Google, Yahoo and Apple utilize it for the improved distribution of their products as well as to gain better knowledge of their clients preferences and interests. There are some legitimate binary options robot that implement this principle in order to provide users with an enhanced signals accuracy.

How Does CloudTrack Trader App Operate?

This binary automated app utilizes the same computer codes[2] as do most of the others. While James Christian claims that it is built and intended for one-click-to-run type of trades, it is not recommended to leave the software entirely without supervision.

Any automated trading solution needs to be kept an eye on every now and again. Plus, CloudTrack Trader App does not have a proven success rate for the time being and might as well turn out to be a scam.

The mathematical reasons why it is unable to execute a losing financial operation are also never explained in the promotional video for the robot.

Is Cloud Track Trader App a Scam or Not?

The research we performed into this binary options system reveals that there is certainly something in the operational process that does not work properly. If CloudTrack Trader App truly was the only signal trading app that has a 100% winning ratio, then there wouldn’t be so many people who have lost their initial investments.

Plus, the automated trading system has some shady connections with dubious binary auto-pilot systems and is most likely also one. It would be best for users to refer from investing with it. There are better ones on the Internet.

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Final Thoughts

This review concludes that it would be best for online traders to turn to a more reliable piece of trading software. CloudTrack Trader’s creator James Christian claims that it is legitimate and worthy of your attention and time, but our research goes to show that it has more than one questionable factors about it.

We can, therefore, not recommend it to our users for a safe and secure trading process. It would be best for them to opt for a legit and properly functioning investment platform.

Conclusion:

t10demo_high_risk_stampOur investigation team conducted a comprehensive investigation on Cloud Track Trader to find out if this product is genuine. As a result we cannot say that there was enough evidence indicating if Cloud Track Trader 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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