TRENDtrader Review – Legit or Scam

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TRENDtrader review

Nothing attracts new entrants in volumes like an industry or trade that is gaining popularity with a global audience drawn by their need to get a good return on investment. This is what is happening to the binary options trading market. This entry is by both traders and trading platforms. Traders need protection from some of these new platforms which are nothing more than scams masquerading as trading programs. In the absence of global regulation, the best thing you can do as a trader is to gather as much information as possible about any binary options robots that you may come across. Here you will find out what TRENDtrader is all about.

Understanding TRENDtrader

The TRENDtrader app is a fairly new binary options trading software. It is a fully automated platform whose creating is credited to one Jonathan Miller, the CEO, who is reportedly a successful trader in binary options. He claims that he has developed the software from the bottom up aiming at creating the best trading platform ever. Apparently he drew most of his ideas in the creation of this software from his many years in binary options trades.

The creator of this software claims that TRENDtrader that they are at the moment hitting very high accuracy levels owing to the advanced code that drives the platform’s operations. This is somewhat the same rhetoric you will hear from every other binary robot in the market and more so the new entrants who are only in it for your money.

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Read This TRENDtrader Review Scam or Legit? Report Before You Trade! Does It Really Work? Official Scam Investigation Results

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    2. The Binary Option Robot Will Predict the Price Movement

    Your robot will assess a wide-range of factors, and then make a prediction on how the assets price will move, saying: Call (up) if it believes the price will rise and Put (down), if it believes the price will fall.

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    Finally, you collect your earnings (the good part!)

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    The Program

    The CEO of TRENDtrader reckons that his trading system has the ability to hit a 97% rate of successful returns. His creation should therefore be among the most profitable binary options robots the world has ever seen. The problem though is that this has not been proven yet despite boasting that professional traders are flocking to his program for essentially these same percentages. Why such professional traders are not shouting about this massive achievement is for you to guess.

    Being fully automatic, you will not need to come armed with loads of technical knowledge and experience in binary options to trade. Just signing up, posting your deposit and registering with a broker is all you need to begin trading. Within weeks as the platform claims, you could be making profits going as high as $2700 in a day by applying TRENDtrader’s generated signals.

    Trend Trader main page

    Signing up for TRENDtrader

    Signing up for this software is a piece of cake. All are invited; professional traders and beginners alike. They will find bonuses on deposits and a training video for the newbies. You need to have your device free of cookies first before commencing on the registration process.

    You will then watch the promotional video to learn more about the software, what it promises and how it intends to do just that. After this video and some more promotional clips, you will be directed to the members’ area. Here you will find an information capture form which you will fill. You will need to enter your name and a fresh password to begin your trading. The password should not have been used for registering in any other binary options robot.

    From here you will be assigned a broker. This is the actual person whose expertise will guarantee that your trades are winners. Here you will not be allowed to import your broker when you join the software. You will register with this broker by making a deposit of at least $250.

    The Promises

    1. TRENDtrader promises you a minimum rate of 93% in the accuracy of their trades should you choose to join them. This is somewhat deceptive knowing very well that very few traders, even the those with years of forex trading ever make this rate consistently.
    2. The low trading minimum investments per trade will allow you to make trades with a low risk factor. This will allow you to get a feel of the software before making higher risk level trades. This low risk trades are also beneficial to beginners who will use such trades to fine tune their trading strategies. This makes them gain confidence and it also assists them to study the trends, the signals and the expiry times.
    3. When trading, you will be using a platform that promises to make you at least $1300 every day. This is quite a good amount to make in profits for a trader who needs to give just a few minutes a day to set the trades. You will then leave the program to make the necessary trades on your behalf. All you will need to do is check the accounts regularly to see how your profits are being credited with each trade.
    4. TRENDtrader’s software is fully automated. This means that you will not need to study the various indicators and subscribe to all the financial news outlets and monitor the indices to make it in binary business trading. The developers claim that beginners will love this program because all they need to do is sign up and they become traders already.
    5. The program developers claim that by joining the TRENDtrader software, you will be getting yourself into a new realm of customer support that you will not have experienced before from a binary options robot. This they promise will a 24 hour undertaking that will last your lifetime. This will be done though live chat, email and phone support.
    6. TRENDtrader says that they use deep financial databases to help them generate endless signals every day. They will also provide you with constant updates should you with to make your own trades. These updates and consistent signals are what they claim help them to make winning trades time after time.

    Pros

    • The software is easy to use, even for traders who are not very used to computer operations. It is professionally built to give you a very easy time when you log in or when you visit their website. It is also easy to download.
    • The TRENDtrader app is appealing with an intelligent visual design and plenty of art to give your trading time a cultured elegance.
    • The customer support is OK. While it is not perfect or as it should be, it works well most of the time.
    • Portability: In the world today, any program that is not compatible with a variety of gadgets people have with them is not a serious app. TRENDtrader is accessible from any smart phone, tablets, and PCs that operate with Windows. Trading across such devices is the same in terms of quality of the interface as well as the reception of signals and trading results.

    The Red Flags

    TRENDtrader seems like great software from a distance but once you study it thoroughly, you will see an abundance of suspect issues should slow you down if you had intended to sign in. These include:

    1. The minimum 93% accuracy promises are just that; promises. There has been no independent verification of this claim. It looks like part of a deceptive advertising campaign. Traders who have used this program complain that these accuracy figures are an imagination and they are no more than an inducement to register and make a deposit.
    2. The binary options market has not confirmed claims of thousands of traders making a minimum of %1300 dollars every day. Great figure this one, if only it could be independently verified.
    3. Looking at the website and all the promises the platform gives, it is not difficult to find out the fact that TRENDtrader is just a newer, flashier and easier to use clone of other websites.
    4. The claim by the developers that they have a secret code that helps them to make winning bids is an old story now. It is what almost all binary options robots advertise to make you want to join them and make deposits.

    Conclusion

    As a binary options trader, you will not gain anything more than you are already making elsewhere, in fact you are more likely to lose money than make it with this program. Being among the newer ones, you had better give it some time to take root and attract traders. It is their experiences that will conform that this program is not a trustworthy one. Trade with TRENDtrader at your own risk.

    What you need to do

    Getting a good return in your investments is what you will be looking for in binary options trading. It is with this knowledge that you should join one of the most successful binary robots for all their trades. Binary Option Robot the software you need to engage with for the best ROI in the market.

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    Author: Michael Allen

    Michael Allen is the main author at www.binaryoptionrobotinfo.com. He holds a PhD in Economics and has worked in investment banking for 24 years. View all posts by Michael Allen

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    Is Trendtrader a Scam? An In-depth Review

    Trendtrader system found at trend-trader.net promises you a free money making system that is guaranteed to make profit. Is it too good to be true? More importantly, is Trendtrader a scam? Let’s find out in our in-depth Trendtrader review.

    Name: Trendtrader
    Website: trend-trader.net
    Owner: Jonathan Miller
    Price: $250 min. deposit

    Legitimate? NO, IT’S A SCAM
    ( full list of all reviewed scams)

    Trendtrader Review

    Is there really no risk trading with Trendtrader system?

    Trendtrader scam (yes, it is a scam) is one of the more well-made binary trading software scams out there. The sales material doesn’t appear to be too scammy and overly hyped. The website presentation and sales video seem professional and carefully crafted.

    Even so, there are some red flags that you should be aware of when it comes to Trendtrader scam. The first one is the unsubstantiated headline used in their homepage. Even though Trendtrader quotes a specific daily profit of $3,025, there is no evidence to back this up. You will know why it’s not true in the later part of this review.

    Trendtrader popup if you try to exit sales page

    Not only that, if you try to exit the sales page, you will be presented with a popup as shown here.

    Notice how Trendtrader scam uses the scarcity tactic by showing that there are only 15 free licenses remain. If you visit the same page hours or days later, the same popup will appear, and there will still be 15 free licenses available. This is just a tactic widely used in online scams to retain leaving visitors.

    While these two red flags don’t necessarily establish that Trendtrader is a scam, they should raise some awareness given the questionable marketing tactics that Trendtrader uses to attract its potential victims.

    Read on to discover the truth that Trendtrader is trying to hide from you.

    First, Let’s Understand How Binary Trading Works

    Before we continue with the review, we want to talk about how binary trading works to make sure everyone is on the same page. If you have experience trading binary options, you may proceed to the next segment.

    Binary trading is basically trading stripped down to its simplest form. You don’t need to analyze complicated charts or keep up with financial news. You only guess if the price of an asset will rise or fall after a short period of time, usually between 30 seconds to minutes.

    There can only be 2 outcomes – either you are right, or you are wrong (hence the name binary options, or 2 options).

    This is how it works – Let’s say I guess that the price of gold market will rise 60 seconds from now, and I bet $50 on a 1-minute contract. When the time is up, and my guess is correct, I’ll win a certain percentage of what I bet, usually between 60% to 80% ($30 to $40). But if I’m wrong, I lose the entire $50 that I bet.

    In reality, trading binary options is not that different from gambling. It’s the same as guessing the outcome of a coin toss. The odds is almost at 50-50. There’s no way to predict the outcome of market movement in such a short period of time.

    In most cases, traders depend only on luck and gut feelings. It’s impossible to win consistently. And even if you manage a 50% win rate, you’ll still lose money due to the uneven winning vs losing payout of binary options.

    We do not recommend binary options if you want to generate serious income from the internet, simply because it’s one of the worst possible ways to make money online. There are better alternatives out there that are much more promising than trying to gamble your way to wealth.

    How Does Trendtrader Work?

    Trendtrader making some irresponsible claims

    According to Jonathan Miller, the alleged owner of Trendtrader software, making money with Trendtrader is extremely simple because everything is automated.

    You don’t need any trading experience, nor the knowledge of how financial markets work. We underline these 2 points because Trendtrader scam is backing out on their own promises through specific terms inside their risk disclaimer. We’ll discuss that in details in the next segment.

    With that said, using Trendtrader is indeed exceedingly simple. You just have to sign up for a broker account, deposit a sum of money and activate Trendtrader automated trading software.

    While Trendtrader will trade for you automatically, it’s not risk-free, and it’s not guaranteed to make money as claimed in their sales materials.

    What Trendtrader Scam Doesn’t Want You to Know

    The truth is in the disclaimer. But how many people actually read it?
    (Click to enlarge)

    Despite promising you a risk-free and guaranteed money making software, Jonathan Miller and Trendtrader scam are saying otherwise in their risk disclaimer.

    The risk disclaimer document is linked using a fine print at the bottom of the sales page, but not many people will click into it and have a thorough read. It’s very hard to read with its fully capitalized letters and long sentences.

    And it is deliberately made so to discourage you from reading.

    I’ve underlined the important terms in the disclaimer. You can click on the image to enlarge it, but let me spell out some critical terms here:

    1. We do not purport this as “get rich scheme”.
    2. Your level of success in attaining the results claimed in our materials depends on the time you devote to the program, ideas and techniques mentioned, your finances, knowledge and various skills.
    3. Our sales materials are intended to express our opinion of earnings potential.
    4. No guarantees are made that you will achieve any results from our ideas and techniques in our material.

    That’s quite a few terms here. Let’s uncover the truth about Trendtrader scam behind each of these terms:

    1. Even though Trendtrader promises you at least $1,000 profit per day, you shouldn’t view it as a “get rich scheme”. That’s because scams like Trendtrader that promise exorbitant returns are illegal in many jurisdictions.
    2. Despite being a fully automated trading software, somehow your level of success with Trendtrader depends on your knowledge, techniques and various skills. Compare this term to what Trendtrader scam claims in their sales materials, and you’ll see how they try to escape from their irresponsible promises.
    3. The earnings and results shown in the sales materials are intended to express the scammers’ own OPINION of Trendtrader’s earning POTENTIAL. To put it simply, the trade results shown are not real!
    4. Despite boasting how Trendtrader only takes profitable trades, there’s no guarantee that you will achieve any results with the software. In fact, you are most likely going to lose all your deposits.

    Fact #3 alone should be enough to alert you and steer you away from Trendtrader scam.

    Also, notice the term underlined in blue . “By accessing this site, you are indicating your acknowledgement and acceptance of these terms of use”. Which means as long as you visit trend-trader.net, you are considered aware of and accept the terms, even if you have not read the disclaimer.

    These terms and conditions are not here to give you a fair warning as a consumer. The sole purpose of this document is to protect the scammers from legal actions when you lose all your money trading with Trendtrader software. You can’t take any legal actions because you have accepted the terms as soon as you visit trend-trader.net.

    If they wanted to be honest about the risks of using the software, and the fact that all results shown are only opinions, they would’ve told you in the sales materials. Instead, they chose to present you with fake promises.

    How Trendtrader Scam Makes Money Off You

    You need to deposit money before you can start trading with Trendtrader

    Let’s say you did not realize the red flags and decide to use Trendtrader software, you’ll have to sign up for a broker account via Trendtrader’s sales page (which is an affiliate link). Jonathon and the team behind Trendtrader scam will earn a sum of referral fees as soon as you make your first deposit.

    You may be assigned to a different broker depending on your country and location, but the typical minimum deposit is $250. Please take note that you can only use Trendtrader software with their recommended brokers.

    Even if you already have an account with their recommended broker, you have to register for a new one using a different email address. This is because the scammers behind Trendtrader cannot collect their referral fees unless you sign up for a trading account through their affiliate link.

    And what happens when you finally deposit the money and lose all your money using Trendtrader automated software? You are left on your own and you cannot take any legal actions against the scammers, because it is already stated in the disclaimer that using the software is your own decision.

    Is Trendtrader a Scam?

    YES, TRENDTRADER IS A SCAM. As we’ve said in the review earlier, we don’t recommend binary options trading as a way to make money online, at all. It’s not that different from gambling, and using an automated trading software is no different. You are essentially putting your hopes and entire investment in a piece of software that gambles on your behalf.

    You are more likely to end up losing all your money than making any significant profit. If you have some cash to spare for entertainment, you may go ahead and try it out. But you’ll be better off spending it on a nice dinner with your loved ones.

    If you are determined to make money online, you must use a legitimate program that will provide you proper trainings and help you build your own business. We have tried out many programs, and there is only one program we recommend to our readers:

    Have you encountered any online scams before? Personally I’ve fallen for a few before coming across the legitimate one, so let us know in the comments below if you have any personal experience to share!

    7 Binary Options

    With so many different binary options trading software systems and applications from which to choose, how does one determine which ones are actually trustworthy? You never want to invest your money on a system that turns out to be a scam.

    To prevent this from happening, you should always take the time to conduct some online research about a system before signing up with one of their brokers. Always read online reviews, other than the testimonials on the product website, which tend to be extremely biased.

    Trend Trader is a new automated trading system that claims it can accurately predict at least 110 accurate trades a day and earn their users thousands of dollars in just days. Is Trend Trader one of those more reliable systems or just another scam? Read our Trend Trader review for more information.

    Basic information:

    Cost: Free
    Software: 100% Automated
    Max Returns: Up to 86%
    Minimum Deposit: $250
    Countries: All nations

    – Trend Trader is 100% automated
    – System is easy to useSystem is easy to useSystem is easy to useSystem is easy to useSystem is easy to use

    – Customer service does not respond to emails
    – Sales page does not give enough company info
    – Unclear withdrawal process
    – Winning percentage is not realistic

    7BO Verdict:

    Not Reliable Service

    What is Trend Trader?

    Trend Trader is a completed automated binary options software program that claims it has a success rate of 93% and can earn its users thousands of dollars in just days. They claim that they have a series of complicated algorithms that can both analyze and predict trading trends. However, we know from experience that even the best trading systems only have an accuracy rate of 85% at the most so we feel that the results promised by Trend Trader on their sales page are just not realistic or attainable options software program that claims it has a success rate of 93% and can earn its users thousands of dollars in just days.

    They claim that they have a series of complicated algorithms that can both analyze and predict trading trends. However, we know from experience that even the best trading systems only have an accuracy rate of 85% at the most so we feel that the results promised by Trend Trader on their sales page are just not realistic or attainable.

    Screenshot

    How does it work?

    To be able to trade with this system, you must create an account with Trend Trader. Next, you are set up with a broker of their choice and you must make an initial starting deposit of at least $250 before you can begin trading. The system is automated so it will place trades for you. It claims to accurately predict 110 trades a day and earn daily profits of over 4 grand per trader. We have yet to see proof that anyone has actually earned this much money.

    If the system produces any profits, you will be able to withdraw your funds. The procedures for this process vary by broker and we were unclear as to many of their guidelines. We saw a great number of online complaints from traders who were unable to withdraw their earnings. If fact, the majority of them claimed that they did not earn a profit and were lost their initial deposit as well. They could not get an answer from Trend Trader’s customer support team as to what happened to their funds.

    Final Conclusion: Is Trend Trader a Scam?

    Upon our investigation, we cannot recommend Trend Trader as a reliable or safe trading system. We advise our readers to look for a system that has produced proven profits. The lack of unbiased reviews and the vast number of customer complaints regarding this trading system leaves us with a bad feeling about Trend Trader. Proceed with caution if you chose to sign with this service.

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