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Published on July 3rd, 2020 | by Sara Kane

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Binary Destroyer Review: Learn All the Facts!

The Binary Destroyer is a Binary trading platform that offers users trading tools and tutorials for Forex and binary trading. They work with MT4 trading platform, which is one of the most common trading platforms available in the Forex trading environment. Although they provide a solid trading platform and a free demo account, they also use a lot of knowledge-based marketing with the aim of expanding their platform. They claim to use the Price Action strategy where users will get indications when the price is about to reverse in the markets. However, there are still a lot of aspects of binary trading that they have not mentioned on their website. Some users have claimed that this site does not have advanced integrated software, but rather simply sells users indicators that are available for free. If you are planning on investing in this platform, then you should take all the factors into account before deciding whether it is worth the risk or not. This review will cover all the factors that will help you make a better decision on the status of the Binary Destroyer platform.

Binary Destroyer is the name given to the trader that this site uses and it falls under the company name of FX learning. The site is based in the UK and claims to provide services in more than 30 countries. The good thing about them is that they are registered. They also seem to have accurate contact details and they have provided enough verification information. You can contact them via email at: support@thebinarydestroyer.com. They also have an alternate email: thebinarydestroyer@gmail.com. They have even provided an address: Kettering Rd, Market Harborough LE16 8AN, United Kingdom are open from Sunday to Thursday. Although they may take a day or two to reply to your queries, they usually respond to most queries. However, you should first analyze other aspects of the site before deciding whether it is profitable or not.

Binary Destroyer Review

When you go onto the Binary destroyer site, you will notice that it is based on an educational approach. They are basically offering you to join their team so that you can learn more about how to trade in Forex and binary options. They offer two courses that are currently available. The most popular one is a course designed to teach you about Forex trading, binary, cryptocurrency, and stocks. This is highly questionable as the indicator may work for binary trading, but there’s no proof of it applying to stocks or cryptocurrencies. The price for this course is 105 pounds. The other course is designed to teach you about their Price Action strategy and is valued at 300 pounds. However, most of these courses are conducted using a demo account and there’s no proof that they are applicable in real trading sites.

Strategy

If you look at the Binary Destroyer strategy more closely, you will notice two things. They offer a trading indicator that is supposed to provide signals on whether a trade will be successful or not. They also base this on a Price Action strategy which is supposed to monitor the markets and inform you when the markets are about to fall. However, the indicator is available for free in many other platforms and there is no proof that their Price Action strategy actually works. The trading strategy is therefore, quite vague.

Analysis

  • Company: FX learning
  • Product: Binary Destroyer
  • Price: 105 pounds
  • Trading strategy: Price Action
  • Trading results: None
  • Domo account: Yes
  • Customer Feedback: Mixed

You may be interested in looking into other similar platforms…ConomiBitcoin Fast ProfitFX Coin Bot, and Crypto Omega.

Trading Results

This is another area where the Binary Destroyer fails to provide enough information. They claim to have a successful trading strategy, but fail to provide any verified trading results. While many people have shared their success stories, all of these focus on demo accounts and none of these are actual trades. While the demo account can provide certain indications, it does not reflect the actual trades, so you shouldn’t rely on information of the demo accounts. Unless they provide actual trading results, it is very difficult to determine whether the trading strategy actually works or not.

Client Feedback

If you look at the customer feedback on Binary Destroyer, then you will get mixed results. Some claim that it is an amazing platform, while others tell a completely different story. However, many of the positive reviews are based on the fact that the customer had success in their demo account, so these may change over time.

Conclusion

While Binary Destroyer seems to be a legitimate platform, there are many unanswered questions on whether it can actually help you win 80% of trades. The company is registered and they have provided contact information. They also offer an educational approach to binary trading. However, their trading strategy is unclear and there is no proof to back it up, which makes trading on this platform a gamble.

Have you been considering to use this service? OR, have you had any experience with this company? If so, we would love to hear from you, share with us in the comments section below…

~ Trade Safely!

Binary Destroyer

£105 (minimum investment)

3.7

Price


3.5/10

Strategy


3.7/10

Trading Results


4.0/10

Client Feedback


3.7/10

Customer Support


3.5/10

Pros

  • They offer a complete trading solution for all traders
  • Their platform seems promising and profitable
  • You also get hands on knowledge and training about all the trading tactics in binary trade market
  • They offer a demo account

Cons

  • Their trading results are unverified
  • The indicator they have comes with a cost, however, several others in the market are available for free


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Disclaimer: Binary Today would like to remind you that the content contained in this website is not necessarily real-time nor accurate. Past performance does not guarantee future performance, the above is not indicative and is purely for educational purposes only. Relying on the above for investment, trading or betting in binary options or Forex is not advised unless done so with virtual money only.

Binary Today or anyone involved with Binary Today will not accept any liability for loss or damage as a result of reliance on the information including reviews, recommendations, charts, software, income reports and signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


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