Convergence Sniper is a new software offering innovative ways of controlling your binary options investments. But does Convergence Sniper 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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Convergence Sniper Robot Overview
Different binary auto trading systems utilize separate methods and techniques to achieve profits instead of users. Some of them are just well-masked scams. While others are truly legit profit-amplifying solutions.
There exist many distinct types of programming algorithms. They are the core and soul of a binary options robot software. Most of them are based on interesting mathematical principals and equations. However, online users should be always weary of the fact that creators of scams can cleverly disguise them to appear completely legitimate.
In the current review, we’re going to see what our investigation into the Convergence Sniper Robot was able to conclude. Read further if you would like to find out whether the binary options software is a scam or legit.
General Info on Convergence Sniper Robot
This binary options trading system was launched onto the Internet space not-so-long ago. Allegedly created by ex-Soviet physicist, mathematician and day trader – Dr. Vladimir X. The official advertising video of Convergence Sniper Robot is presented by follower and fellow investor Frank Norton. He also supposedly gave up his regular job as a high school English teacher.
So, Dr. Vladimir X, whose surname we are never given because of confidentiality reasons, based his creation on the work he had done for a secret Soviet military program. His job was to make cockpit designs for the MiG military aircrafts. After the fall of the Iron Curtain he traveled to the USA. His study at the Moscow Institute of Physics and Technology also aided him in his work.
There he became, like Frank Norton, a math teacher in high school. Again, like Norton, he became bored with his occupation and tested several different types of profit-increasing methods: stock exchange, Forex, commodities investments and binary options trading.
We do not want to sound cynical, but Dr. Vladimir X’s whole background and personality sound like taken from the script of the future James Bond installation. Our best efforts to find data that backs these claims up turned out to be fruitless. The creator of Convergence Sniper Robot is most likely fabricated and not real. Thus, the binary options trading software is also most likely fraudulent and a hoax.
Operational Mechanics of Convergence Sniper Robot
This binary options trading system utilizes a highly complex computer algorithm. It is supposedly inspired by the so-called Convergence Anomaly. The basic concept is that governments artificially devaluate currencies in order for a chosen few to take advantage of the situation.
Because of this, for example, the AUD and the GBP have been following the exact same single price pattern. They are not traded independently, nor at a natural and random principle. Convergence Sniper Robot takes advantage of this situation and sends signals to users.
Reports from the online trading community, on the other hand, goes to show that the said are almost never accurate and often humbug investors. This is one of the main reasons for the Convergence Sniper Robot to be generally considered a scam.
The so-called ‘Convergence Anomaly’ referred to by presenter Frank Norton does not actually exist. Changes in price patterns are something normal. They usually occur when a global event has happened that has the ability to influence the economic sphere. A good example of this is the Financial Crisis of 2008-2009. Its consequences continue being observed.
Can Convergence Sniper Robot be Considered Legit?
This binary auto trading software has not been warmly received by the web-based investment community. And this is one of the main factors by which a system is classified as scam or legit.
Also, even though it is stated that Dr. Vladimir X does not want to maintain profiles on social networks for his own specific reasons, we discovered grounds for suspicion. He probably is not in possession of such because he does not exist in reality.
If a binary robot software is willing to lie about the origins of its creator, then probably Convergence Sniper Robot is a complete scam.
This binary investment solution does not operate properly at all. Not only are all the statements and facts about Convergence Sniper Robot fabricated, but it is not capable of achieving any kind of profitable results. The trading public is generally dissatisfied with it.
Therefore, we deem it as being a binary scam software. It would be best for our users to turn to a more trusted and proven to work income-generating solution.
Our investigation team conducted a comprehensive investigation on Convergence Sniper to find out if this product is genuine. As a result we cannot say that there was enough evidence indicating if Convergence Sniper 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.