Trade X Profit is a new software offering innovative ways of controlling your binary options investments. But does Trade X Profit 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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Trade X Profit Review
Trading binary options is one of the easiest ways to generate profits online. It also is one of the riskiest endeavors. Not only because of the volatile nature of all assets, but also because the binary options industry is one of the most attractive fields for scammers. Scam systems and automated traders enter the market every day. To find a reliable and profitable trading bot is as complicated as learning everything there is to know about traditional trading.
For that reason, our team conducts investigations and tests newly released software. We aim to inform you on all the opportunities and threats in the industry. If you are interested in binary options trading and have come across the Trade X Profit software, read our full review to see what we found out about the system. It was presented by someone called Jason.
Is TradeXProfit a Scam?
The trading bot was only just released and there is not enough information to make a conclusive statement about the legitimacy of Trade X Profit. But there are some things that struck us as odd and we find it appropriate to warn you of the possibility for this system to turn out to be a scam.
We could not find any information regarding the creator of the software or the technology used for the creation of Trade X Profit. All that we know is the first name of the presenter – Jason, and that he has been using the robot since 2012. According to Jason, 4,384 people have already tried Trade X Profit and became financially well. But we ask – if the software is so profitable, why we only hear about it now? This is a red flag and makes us think that Trade X Profit might disappear just as suddenly as it appeared.
How Does Trade X Profit Work?
There is not much information provided regarding this matter. According to Jason, Trader X Profit eliminates the learning curve for inexperienced traders with the desire to trade binary options. And the software leverages the financial markets. It suggests such a course of action, that is determined by the decisions of other traders.
The only thing we are told straight is that Trade X Profit can generate up to $500 a day and bring 70% to 80% in profits. But these numbers are not verified. Trade X Profit looks like a hoax and in our opinion it is better to subscribe for a product that has been proven to yield the promised results.
A trading demonstration is made in the video. What bothers us is the fact that we did not see the software itself, but the trading platform, provided by a broker, known as Trader XP or Trader Experience. And this is a broker with poor reputation, so beware!
How to Get Started?
You get to sign up for free and have 2 months to try the Trade X Profit software for free. After that, the subscription costs $200. Upon registering, you will be connected with a recommended broker and you will have to make an initial deposit of $250. Our results indicate that the brokers, with which Trade X Profit is compatible, are not to be trusted.
Trade X Profit does not seem to be a legitimate binary options robot. There are too many vaguely explained and dubious things about this solution. We were also unable to find any special features to make Trade X Profit stand out. Opt for a secure robot if you do not wish to put your funds in danger. The offer made by the TradeXProfit software is not good.
Our investigation team conducted a comprehensive investigation on Trade X Profit to find out if this product is genuine. As a result we cannot say that there was enough evidence indicating if Trade X Profit 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.