Vena System is a binary options robot which was named after the man who established it – Marc Vena. He claims to have been a foreign exchange investor operating from England’s capital city – London, but we managed to come across reliable information that the man users see in the advertising clip is just an actor who was hired specifically for the job.

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Alleged Mr. Vena further tries to make the automated trading system appear more legit and reliable, stating that it can earn up to $625 per hour. The increasing number of people who have lost savings and investments because of VenaSystem Software speak otherwise.

There is mainly negative feedback present on the Internet regarding this auto-pilot platform’s performance and our inquiry into proves that there is existing evidence of its dubious nature. It might even be a scam.

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Basic Information:

  • Price: Free Sign Up
  • Software: Automated Trading Solution
  • Max Returns: 80%
  • Min Deposit: $250

Pros:

  • Trained Customer Support

Cons:

  • Founder Not a Real Person
  • Unrealistic Winning Ratio
  • Shady Broker Connections
  • Dissatisfied Users
  • Bad Performance

Top10BinaryDemo Verdict

Not Reliable Service

What is VenaSystem?

VenaSystem was established by Marc Vena who claims to have processed sums that exceeded $100 million per day during his days as a foreign exchange trader at an upscale banking institution at the London City. Given the fact that his persona is fabricated for marketing purposes, there is no use in believing any of the statements made in the promotional video for the income-increasing tool.

Vena-System

Trustworthy user feedback and testimonials suggest that the VenaSystem Software is more likely to lose one’s investment, rather than amplify them. Our investigation has established beyond any doubt that the auto-pilot robot can definitely not accumulate $5,000 in a single day.

This is why it is best to proceed to a reliable automated investment robot like FinTech Ltd. It is quite the opposite of Vena System as it creator Daniel Roberts is an actual and well-known man. Not only this, but it allows one to further broaden his understanding of the online trading world and has a proven winning rate.

Interesting Fact:

It is an established practice in the binary options industry for creators of robots to allow users to get started for free with their software, asking only for a positive video testimonial in exchange. This is mainly carried out by founders who wish to make the product ready for a future Initial Public Offering (IPO).

How Does Vena System Actually Function?

The person who embodies Marc Vena in the promotional video never explains exactly how does the binary options robot work. Our best guess would be that it is algorithm-based[1], meaning that it is the main instrument by which the software gathers and processes market, asset[2] and general trading data.

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It is furthermore stated that only a limited number of 50 people can get started with Vena System before free registration is restricted. This is just a tactic applied by creators of dubious automated binary software who wish to make it appear more appealing to the public. Anyone can sign up at any given moment in reality.

Is Vena System a Dubious Scam or Legit?

The information that we managed to verify as actual and objective points out that this auto-pilot system is unreliable and a possible scam. Marc Vena is not an actual person and this is the software’s least concern. It is not capable of generating the promised $5,000 per day and presents an unrealistic view on trading to the average user.

Probably its only positive feature is that it has a reliable and friendly customer support staff. This alone, however, is not enough for us to consider it legit. All users are best advised to avoid it.

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Final Thoughts

Vena System began its existence into the online investment sphere by raising the expectations bar for users. It failed to achieve any of the promised results and a lot of people lost their savings because of this. The binary options robot is not worthy of one’s attention, time and funds. There are far better pieces of automated trading software available on the Internet and users have a fairer chance of achieving success with one of them.

Conclusion:

t10demo_high_risk_stampOur investigation team conducted a comprehensive investigation on Copoy Buffett Software to find out if this product is genuine. As a result we cannot say that there was enough evidence indicating if Copoy Buffett Software 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

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David

David

Hello!
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.
David

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Further Reading & References:

1. Evaluation of automated-trading strategies using an artificial market – (K. Izumi, F. Toriumi & H. Matsui, Neurocomputing Magazine, Volume 72, Issues 16–18, October 2009, Pp. 3469–3476);

2. Asset trading mechanisms and expansionary policy(David K. Levine, Journal of Economic Theory, Volume 54, Issue 1, June 1991, Pp. 148-164);