Profit Replicator App is a brand new profit-amplifying tool whose creator Michael Griffin states that it is capable of generating not 99%, but 100% accurate signals. The expected profits can reach up to $30,000 per month.
We executed an exclusive investigation into the binary options software in order to determine whether it is actually capable of placing risk-free trades. The results were not very promising as there are very little facts that actually back up Mr. Griffin’s story.
Due to the fact that the ProfitReplicator System is still fresh on the online market, there is very little reliable and genuine feedback available on the Internet about it.
If one wants to learn why we consider the automated trading robot to be dubious and a likely scam – continue reading the review below. Our best advice would be to Proceed to Safe Binary Robot OR Choose a Reliable Software from the following table.
Top Binary Options Robots
|Robot||Win Ratio||Open Account|
|Up to 200%||
- Price: Life-Long Free Membership
- Software: Auto-Pilot & Copy-Trading System
- Max Returns: 100%
- Min Deposit: $250
- Friendly Interface
- Fake Creator
- Unrealistic Payouts
- Fabricated Testimonials
- No User Feedback
- Requires Internet Connection
Not Reliable Service
What is ProfitReplicatorApp?
This auto-pilot software was supposedly founded and established by Michael Griffin along with the help of a group of his closest friends with the goal of accumulating users a steady life-changing income. They come from different professional fields – finance, programming and statistics, but all of the have allegedly worked at high-end Wall Street brokerages.
ProfitReplicatorApp is now available for free sign up to a limited number of 97 people. Creator Michael Griffin urges anyone who wishes to take advantage of the unproven ability of the software to forecast what will happen on the trading floor to hurry up and do so.
If users do not manage to generate the promised $7,250 per day, then Mr. Griffin will personally send them $2,000 through PayPal. One should keep in mind that ProfitReplicator System is copy-trading in principle, but not actually proven to work.
Copy-trading is an investment method that rose to prominence in the last couple of years along with the rise of social media and marketing tools. Basically, it allows novices and anyone who wishes to mimic the financial operations of other more successful and skilled users.
How Does ProfitReplicator System Work?
As already mentioned, the ProfitReplicator Software relies on copy-trading in order to generate profits to its customers. Whose investments does it actually mirror remains a mystery. Michael Griffin has also stated that it can predict market movements before their actual occurrence, but the way in which it does it is never explained.
Profit Replicator System has manual and automated mode and provides 24/7 customer support to users. The lack of feedback, however, makes it very hard to determine whether it can actually work properly or not.
It is probably not able to meet all the standards required to be considered a finely designed binary trading robot. A good example of such would be the FinTech Ltd. Software, created by infamous financier Daniel Roberts. The said has been considered one of 2016’s top releases and has an average RoI of 80%.
Is ProfitsReplicatorApp Software a Scam?
All data about this automated trading system, which is not very extensive, suggests that there is something quite dubious and devious about Profit Replicator App. There is no information suggesting that founder Michael Griffin is an actual person.
The binary options software is only available via download, which can be tedious to users who do not have a stable Internet connection. Also, the user testimonials that appear on the official website are all stock images.
We advise all online traders to refer from signing up with this income-generating robot for the time being and turn to a more reliable source of income.
The creators of ProfitReplicatorApp have not provided sufficient information as to how the software actually operates. Michael Griffin might not even be a real person and the claims he issues regarding the binary trading system’s success rate of 100% are over-exaggerated and unrealistic. Traders better not open an account with it, but proceed to a safer solution.
Our investigation team conducted a comprehensive investigation on Profit Replicator App to find out if this product is genuine. As a result we cannot say that there was enough evidence indicating if Profit Replicator App 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.
References & Further Reading
1. Does laboratory trading mirror behavior in real world markets? Fair bargaining and competitive bidding on eBay (Gary E. Bolton & Axel Ockenfels – Journal of Economic Behavior & Organization, Volume 97, January 2014)
2. Tax evasion and income source: A comparative experimental study (Klarita Gërxhania, Arthur Schramb – Journal of Economic Psychology, Volume 27, Issue 3, June 2006)
3. The impact of short sale restrictions on informed trading in the stock and options markets (Zurbrueggb, Ralf; Le, Van; 2016)
4. Online Broker Evaluation Strategy Khizhnyak, Pavel; Pelykh, Konstantin; 2015)
5. Online Trading (Hsieh, Chang-Tseh; Encyclopedia of Finance; 2006)
6. The Effect of Social Media on Trading Behavior: Evidence From Twitter (Paul, Tanya; 2015)
7. System and method for analyzing financial market data (Ari Pine, Arthur L. Shmurun, 2000)
8. Forward markets, currency option and the hedging of foreign exchange risk (Roger Ware, Ralph Winter, 1988)
9. What do stock splits really signal? (David L. Ikenberry, Graeme Rankine – The Journal of Financial and Quantitative Analysis, 1996)
10. The dependence between hourly prices and trading volume (Prem C. Jain, Gun-Ho Joh, – The Journal of Financial and Quantitative Analysis, 1988)