TriStar Trader is a new software offering innovative ways of controlling your binary options investments. But does TriStar Trader 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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TriStar Trader – Scam System Review
The new online trading platform that just hit the market is called Tristar Trader and its creator is anonymous. We only know that the system is built by a team, but not one person. However, this doesn’t necessarily mean that it is a scam. However, there are so many fraudulent online trading solutions out there, that our job requires in-depth investigation in order for the truth to be discover. This is why, we are going to share with you our thorough research on this specific semi-automated robot. Make sure to read the whole article in order to reveal all the specifics we managed to discover and describe.
TriStar Trader – First Look at the Platform
It is stated that the TriStar Trader system was built with 4 specially customized indicators and a semi-automated EA system. Their main task is to identify different levels of trending within a pair and time frame. Each indicator compliments one and other and assists the overall system in ruling out potential bad trades and pointing out the best possible opportunity trades to investors.
The main advantage of this is that traders are supposed not to worry about operating the individual systems because they all should work together, then point out the best trades. All this sounds like a basic signals providing service, focused on the Forex Market. However, none of the mentioned statements, specifics and promises are yet proven to work on practice.
TriStar Trader Software – Is it Legit or 100% Scam?
From what we were able to find out about this Forex investment robot, we can state that it is definitely dubious and most likely – a scam. The team behind the robot states that it prefers to remain anonymous due to the sensitive information it possesses. However, we consider this to be proof that the platform is unreliable. They could have at least presented users with some professional background in order to ensure them that TriStar Trader System was not founded with the sole purpose of generating profits only to them.
Moreover, the software trades solely on the Forex market which is known to be way more volatile than the binary options one. Currency pairs are not the best choice for executing financial operations online and even novice traders know this. Our best advise to investors who are considering to sign up with TriStarTrader Software would be to avoid it. The best and most wise possible thing to do is to turn to a proven to be income accumulating solution and utilize it instead.
Binary options trading systems and Forex investing ones emerged almost at the same time – around 2008-2009. While both can be profitable to users, the first one is considered to be way more accurate in terms of predicting market movements than the latter. Plus, it is best to have a wide variety of ways to indulge in online financial operations than to do so in just one area.
TriStarTrader System – How Does It Work?
This software is actually a semi-automated trading platform. It is promised to offer a unique flexibility that allows traders to control the whole process as they want. With TriStar Trader you should be able to eliminate pairs and use pairs you’re comfortable with as well as to set time-frames that are convenient to you.
In addition, it should be noticed that semi-automated trading adds a human element to trading that fully automated systems do not have and that offers a higher risk. That is human intuition and emotions which may reflect badly on the trading process. We also don’t know for sure if this robot actually works properly as there is no 3rd party feedback to support that.
Our investigation team conducted a comprehensive investigation on TriStar Trader to find out if this product is genuine. As a result we cannot say that there was enough evidence indicating if TriStar Trader 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.