Pеrpetual Formula is a new software offering innovative ways of controlling your binary options investments. But does Pеrpetual Formula 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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Perpetual Formula by David Parker – Review
The Perpetual Formula is a brand new binary options trading software that has just joined the online world. Its release was surrounded by a lot of hype. Investors have been asking many questions like is the system legit and safe for use. We decided to perform an inquiry into this matter. The results are laid out below.
Read, if you want to find out whether it is trustworthy or not.
Is The Perpetual Formula Legit Or Scam?
The Perpetual Formula is created by founder and CEO David Parker. He is assisted in this endeavor by a team of programmers who he used to work with for a not-so-satisfying salary on Wall Street. So far, so good. But our investigation shows that there is almost no information available on the world wide web to confirm this.
Further questions arise as to when the binary options trading solution was actually started. In the promo video streaming from the robot’s landing page, Mr. Parker explains that it has been in development since 2002. But the software is available to the public since 2011.
However, there is nothing else but his claim to back the statement up. Traders should keep an open mind and remember that there is a fair chance for the Perpetual Formula to be a scam. There is no data suggesting that is legitimate.
How Much Does The Perpetual Formula Cost?
This binary options trading system does not cost anything to users. The sign up is free. David Parker does make this crystal clear with his statements. But after you register, there is an initial deposit that is acquired if the investors wants to begin trading. As with most robots, the minimum monetary amount is $250. This is put into your account and you can start placing call or put options.
How Does The Perpetual Formula Operate?
The creator, Mr. Parker, takes great pride in his software. The actual word ‘perpetual’ is derived from Latin and means ‘lasting’. This is the main concept he has put into the binary options software. That it continually earns investors profits. The algorithm is based on a machine readable news method. It applies the principle that most people react the same way to the news that follow a similar pattern. They thus repeat the same investment decisions that have identical outcomes on the financial market.
This idea sounds pretty solid. But our research goes to show that there are many binary hoaxes that only offer big promises, but turn out to lose traders money. Reactions from the online investment community lead us to the conclusion that the Perpetual Formula is a scam.
Getting Started With The Perpetual Formula
If you want to sign up with the binary options trading robot, then you have to fill out a form at the landing page. Then users have to create an account with a trusted broker, deposit a certain amount, decide on an asset and mode. The auto-pilot mode is better for busy or unexperienced investors, while manual is better for ones who are familiar with the market.
Special Features Of The Perpetual Formula
Apart from the auto-trading one, which every binary options trading software possesses, the Perpetual Formula has only one other. It is the 24/7 support. Accessible to investors via live chat and email. However, it is only available in English.
We are unable to confirm that this binary options investment robot is secure. A lot of people have been complaining that they are unable to withdraw the earned profits. There are a lot of scam factors that alert about the Perpetual Formula. We recommend to traders to turn to a proven and more trustworthy software.
Our investigation team conducted a comprehensive investigation on Pеrpetual Formula to find out if this product is genuine. As a result we cannot say that there was enough evidence indicating if Pеrpetual Formula 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
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.