IRobot from Ibinaryoptionrobot, is the latest Binary Options to hit the web. But is this a legitimate trading system or another scam? Grab a cup of coffee, pull up a chair and read my Irobot Scam review, where I shall uncover the truth about this trading platform.
First thing I noticed upon accessing their website is that there is no sales video taunting me from the top of the page. And the website itself is actually set up to appear professional. But don’t let that fool you. Just because someone takes the time to design an attractive-looking website does not necessarily mean that it’s a legitimate system. IRobot may not live up to the hype.
First of all, if you take a close look at the website, there is nothing special to set IRobot apart from any other binary options trading system. There are no fancy sales gimmicks or special features that would entice you to sign up for this IRobot.
The website is set up basically similar to most other binary options scam sites. I am not sure whether I should be relieved or disappointed that there is no preliminary sales video. While I find them tedious, some of them can be amusing and it’s interesting to compare and contrast the different styles they use to try to get us to throw our money away on their phony trading robots. Plus I have to admit I enjoy trying to figure out from what other scam videos I recognize the actors. Oh well, but we can still have fun picking apart the IBinaryOptionRobot website.
First of all, gotta give them kudos on the name choice. If you google just the term “IRobot”, Google gives you a bunch of different websites. However, if you google the site name “ IBinaryOptionRobot ” it takes you to their webpage. And obviously, the name “IRobot” is in use for another website, hence the domain name “ IBinaryOptionRobot.” However, they refer to their product as “IRobot” on the site so the two names are obviously interchangeable, but I digress.
On their homepage, IBinaryOptionRobot claim that IRobot is free. However, as well all know by now, that no binary options trading platform is ever 100% free. You will always need to fund your account before you can have access to the system. And IRobot claims to offer a free demo account, however, you can’t even check out the free demo account until you make your initial deposit, so there is nothing free about this system. There is no charge to enter you information on the homepage, but once you create your account, you need to put up a minimum deposit, so right there, there’s a major red flag.
The website appears to have all the components of most other trading platforms (minus the video of course): A FAQ section, some endorsements (more about that later) and some basic information about IRobot. However, there is nothing about this website that makes it “pop” or stand out from any other website. You would think if they didn’t have a video, they would at least have some type of gimmicky promo on their page. But again, there is nothing to make IRobot rise above the crowd.
IRobot can either be run on full autopilot or you can opt to trade manually. According to the sales page, they gaurantee 85% signals a day with an 85% accuracy rate. They also claim that they have had over 17,000 successful trades. I find this hard to believe, especially since their website has only been registered for only a few months. If that is the case, why are we just hearing about this system now. And where is the proof that traders have earned any type of profit with this system?
IRobot False Claims
Even the most successful and highly acclaimed trading robots have an average of 75% accuracy rate. Remember, folks, binary trading is 50/50…you either win or lose. So any system that claims over 80-83% accuracy rate is abit suspicious. And anytime a system promises you earnings of 90% or above, you can guarantee they are a scam. IRobot probably decided to play it safe with 85% as this is not too much of a stretch. However, as I stated above, there is no proof either on the website nor in any online reviews, that traders have made any type of profit with the IRobot trading software.
Another reason I am suspicious of IBinaryOptionRobot is that they are not licensed nor regulated and my team nor I could find any credible endorsements for this system anywhere online. Also, on the several attempts we made to contact their customer service, we did not get a reply, even for the most basic of questions regarding the system. They also claim to use registered brokers, but we could not verify this as well.
IBinaryOptionRobot claims to have “special features” that set it apart from any other site. These are a variety of expiry times and the amount of which you can trade. These numbers are similar to those that you can find on most other trading platforms, so again, these are just basic features, there is nothing “special” about IBinaryOptionRobot
Conclusion: IBinaryOptionRobot is a Scam!
IBinaryOptionRobot is nothing but a scam, my friends, so don’t be swayed by this one. There is nothing enticing about this service anyway, regardless of whether it’s a scam or not. There have been numerous complaints online and we could find no positive feedback regarding IBinaryOptionRobot. Nor could we find any information to prove that they are in fact a legitimate company. Their customer service team is non-existent and there are just too many red flags for me to say that this system is anything but a scam.
But don’t let scams like IBinaryOptionRobot or the dozens of other binary options scam sites deter you from the exciting world of binary options. The binary options trading market can be indeed lucrative. You just have to be able to tell the con artists from the legitimate platforms. Which is where my team and I come in. We are here to point you in the right direction. Have a look at my YouTube Channel for all the best updates.
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