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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M6Bot Full Review
The Internet is full of online trading solutions. We are not speaking only about binary options trading systems. There are Forex bots, marketing tools, HYIPs and all kinds of different platforms and programs that promise to generate tremendous profits in a very limited time frame. One must not take all of their statements for granted. Most of these supposedly income generating solutions seek only to take the savings from unsuspecting and naive users.
The present review will pay special attention to M6Bot – a web-based Forex bot. A lot of people have been wondering whether it is genuine like legitimate binary options investment platform or just another scam. Considering that it is brand new, it has yet to gather momentum. We managed to compile an objective and honest commentary about it. Read on if you would like to learn the truth.
M6Bot – Is it Scam or a Profitable Forex Solution?
The first thing that users will notice when they open the official website of the Forex robot is that the crew that designed and developed the robot is presented with stock animated images. The team is composed of the following members: Beth Johnson – App Developer, Harold Crowells – UX Designer, Jennifer Wilson – IOS Specialist and Paul Everett – Team Manager. Which sends off quite the dubious signals.
User testimonials are also displayed only in written form. This is not the most reliable and authentic verification of legitimacy. Anyone could have typed the text. Also, the team members have no active social media profiles, nor could we find proof that they are actual persons.
Based on all of the above, we consider that the M6Bot platform might be a scam. It is relatively fresh on the online market and still has time to provide evidence that it is legit. However, at the given moment we can not recommend it as a trustworthy profit amplifying solution.
M6Bot – How Does it Work?
Much like binary options investment robots, M6Bot Platform implements a computer algorithm that constantly monitors and analyzes the Forex market. After it is done with the said process – it sends signals to traders who have signed up with the profit amplifying solution. Unfortunately, we are never provided with information about the expected accuracy rate. The only one that appears on the landing page of the robot claims that it can accumulate between 150 and 300 pips per day.
Paul Everett does state that the sent signals are extremely accurate, but the testimonials are unreliable and there is no data to support his claims. We did our best to research the operational process of M6Bot, but were completely unable to find solid proof.
The so-called ‘pip’ is an abbreviation of Point in Percentage. The Forex market determines potential profits and losses by using it as a fulcrum and supporting point. It is also the smallest shift a particular currency’s price can undergo.
M6Bot – How to Sign Up?
There is nothing complicated about the M6Bot sign up procedure. The Forex robot is completely automated. Which means that little is left in the hands of online investors. This can be good for novices, but experienced ones might get bored and put aside in the process. The online profit solution is available as a downloadable application and works on Apple, Android, Mac, Linux and PC devices.
Final Thoughts on M6Bot
This Forex robot has yet to provide solid proof for its legit status. Very little is known about M6Bot and the alleged team behind it. There is no presentation video, no precise algorithms it applies. Users’ feedback is scarce and mainly negative. Online users should have in mind that there is a very high likelihood that this income generating solution is a scam. They better opt for a trustworthy and reliable binary options trading system.
Our investigation team conducted a comprehensive investigation on M6Bot to find out if this product is genuine. As a result we cannot say that there was enough evidence indicating if M6Bot 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.