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Trader’s Buddy Scam Review: Buddy System or Rip-Off? What is the reality?

Is this true? Have “they” finally come up with trading software that will beat the competition Is it worth the effort? Will your investment be safe? I will answer all of this in more in my Trader’s Buddy Scam Review.

Trader’s Buddy Website

I was a bit disappointed, but also oddly relieved, that there is no sales pitch video to introduce Trader’s Buddy automated trading system. These binary options scam videos can be a bit annoying, while a bit amusing.

All we have to go on a website with a LOT of wording. But despite the length of the home page, they really don’t give us much information. Just a lot of hot air and buzzwords, which is typical of so many scammers these days.

However, I must admit that some of these sales videos do give me a bit more to go on…a bit more insight into the brains behind the trade. Anyone can throw together a website, but how they chose to relay their information via a “professional” sales video that allows me into the inner workings of their shady little minds.

Basically, a twelve-year-old could’ve designed Trader’s Buddy’s website. It’s the same spiel we see on every other binary options scam website: promises of huge returns with minimal investment. The temptation to become an overnight millionaire if you invest your money. While there are quite a few reliable and profitable trading systems available online, there are just as many, if not more, dishonest swine that will simply entice you with fancy words and slogans and then disappear once you have made an investment or two, taking all of your money with them.

Trader’s Buddy promises to “dramatically improve the most important aspects” of trading. The site claims that they have a “historic peer-2-peer trading” system that allows to you work directly with expert traders. However, they do not list the names of these traders nor their credentials. How do we know that these are in fact, genuine traders? Or if they are making legitimate trades? Not mention, we are not even assured that any of this is, in fact, legal.

As well, I could find no relevant company information listed on their websites such as physical or mailing address, customer or technical support information or customer history. And of course, they do not provide their CySEC licensing information, which means they are most likely not regulated. (I’d say it’s pretty much 100% as I can guarantee that Trader’s Buddy is not a legitimate trading platform in any way, shape or form.) How are we supposed to have trust a trading software system with our money if they don’t provide us with any pertinent details?

Again, I must stress, you should never trade with a trading platform or automated trading platform that is not regulated or licensed by a governing body such as CySEC. There are just too many gray areas and no way of ensuring that your investment will be safe. You need to ensure that the broker or platform you are using is adhering to the guidance set forth by CySEC. It is far too risky to trade with a system that is not regulated.

Furthermore, if you do not do your research and you invest with a system that is the least bit shady or unreliable, you will not simply just lose your investment. You will also be in danger of identity and credit card theft. Scammers sell your personal information to other such scammers and the like and you’re putting yourself in danger of identity theft. Not to mention that you will receive a ton of spam in your email account or annoying texts on your smartphone device.

Trader’s Buddy offers social trading, semi-automatic trading, and automated trading. They claim that they are the first ever to use the “buddy system” yet we have seen this many times before. They basically mirror the trades of “expert” traders (again nameless people whom we know nothing about). Where and when did this company originate? Who are the creators of the software? Who is the CEO of Trader’s Buddy?

Not that we need the entire life story..a sob story as we see in the majority of the scam videos. Some sappy or dramatic rags to riches tale of how someone lost everything and then “stumbled” into binary options quite by accident, mind you, and conquered the market. I don’t need a song and dance, but I would like to know a little bit about a company before I invest hundreds to thousands of dollars with their trading system.

And again, Trader’s Buddy claims to be 100% free, but we all know that no system is ever free. You must ALWAYS deposit an initial does it (usually around $250) to even gain access to the system. You can then use this deposit to start trading of course, but you will have to keep reinvesting money in order to keep utilizing the software. Sadly, with most of these scams, they simply accept your deposit and then you next time you try to access the system, you won’t be able to log in. Or the website will have disappeared, along with your debit and credit card number.

My Conclusion: Trader’s Buddy is full of crap!

Don’t bother wasting your time, folks. Trader’s Buddy is nothing but a huge heap of crap. There are many other reliable systems out there so don’t fall victim to this shady scam. Stick with me and I’ll give you my expert advice from years of trading experience, and many years of dealing with con artists.

Check out my YouTube Channel for video updates, click here for direct access

The post Trader’s Buddy Scam Review: Buddy System or Rip-Off? What is the reality? appeared first on Trusted Binary Reviews.



This post first appeared on 5 Reasons To Trade With Binary Options Signals, please read the originial post: here

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