Big Banks Method is a new binary options trading system by Aaron Davis. As is often the case, Davis tells us that he’s created a profitable robot for trading derivatives.
On the sales page there are 3 plans available, enterprise-level for $25,000 a month, hedge fund level for $3000 a month and a free tryout plan for private investors. The discrepancy between these plans is quite aggressive and I believe that the first 2 plans don’t even exist, they are just on the page to add credibility.
Big Banks Method Review
The sales page for the Big Banks Method is much more complete than a binary options product. At first, I wasn’t going to review this product because it trades derivatives but as I looked closer I notice that options are part of this family. Yet, neither of these are actually true. When you register with the program you are taken to a Forex broker, FXChoice. I understand that this is quite confusing but it’s important that I write this review because no matter what you trade we are all one family. We are all looking for ways to profit trading, and here at Binary Today we do so as a team.
At the top of the Big Banks Method website there is a chart and every once in a while we see a short trade going for profit. The problem with this chart is that they don’t even tell us the asset that’s being traded and most of these trades are lasting just a couple of seconds long. It really looks like a web script, built to create the illusion of winning trades. This is certainly not the type of results we can trust moving forward.
There are no long-term trading statements that verify the strategy, just tons of different web scripts that look good but provide very little in terms of tangible trading results.
I mentioned at the beginning of review my review that I was very skeptical about the 3 trading plans available. I have to touch on this again. According to the Big Banks Method sales page they have 207 Enterprise clients, 1343 Hedge Fund clients and 13393 Free Plan clients. By my calculations, Aaron Davis is telling us that between Enterprise and Hedge Fund clients he’s earning over $9 million a month from this product.
That is absurd. If this product was making Davis $9 million a month there would be more than one review on Google. This product is barely even known.
There’s nothing on the Big Banks Method website that gives me any confidence. It’s my personal opinion that the developer of this software is promising everything he can so that you sign up with the FX choice brokerage. This is a common marketing approach in the binary options market so I’m not surprised to see it leaking into derivatives and Forex trading. Be careful when the developer is offering you something for free because it usually comes with a price anyways.
I really appreciate the time you spend here at binary today and hope that you consider trying binary trading by following my getting started binary options 101 guide. Trading isn’t easy but when you surround yourself with the right people you can grow your accounts.