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Published on November 21st, 2014 | by John Kane


Binary Reaper

binary reaperBinary Reaper is an MT4 indicator software that claims to provide over 90% trade accuracy. The video on the front page of the website shows a handful of trades from 2013 as the results for this software so I’m not sure how active or up to date this is anymore.

Today I will be providing a brief review and hopefully getting in touch with the developers of this software to answer some of my questions.

Binary Reaper Review

To start, I emailed the Binary Reaper team a few days ago to see if they are still actively trading the software. I see now they are up to version 3.0 but have yet to respond to my email so I have my concerns with their support response time, something that is very important to me. This developer uses a very similar marketing method to the fee binary options systems on the market. They claim that you can use their software for free if you sign up with a brokerage or you can pay $690.00. Obviously nobody will want to pay $690 as I wouldn’t be surprised if this indicator cost less than that to develop.

The Binary Reaper system is built to work on the M5 and M15 timeframe. The software will provide you with signals telling you to place a put or call and it will inform you to place your nearest expiry. I assume this means if your on a 5 minute chart you place a 5 minute trade and so forth. With claims over over $7,000 of weekly profit I get the feeling this software might be more talk than walk.

I won’t be recommending the Binary Reaper as it’s been on the market for some time and there is little to no information from the community about it. In this market I’ve heard about it all. I also don’t feel the web site or marketing method is very professional. If you have something you would like to add to this review please leave comments below. I look forward to hearing from you soon.

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About the Author

I am a full time binary options trader. I was able to leave my job in the last 5 years and dedicate myself to trading fully. I never thought my hobby and passion would make a living for me but I am grateful every day that it has. My main goal now is to communicate with the binary trading community, contribute to different websites and learn from other traders.

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.

8 Responses to Binary Reaper

  1. Vyankatesh says:

    Can anybody please tell me where I can download this indicator ?

  2. CE says:

    Its a total scam to get people to start an account on there “Recommended” broker only to grab the affiliate commission. STAY AWAY FROM THIS!!!! Remember if its too good to be true is probably is!

  3. Eli.. says:

    Nice Indicator Anyway, only that its expensive…690 Usd, but i got it in another and its working for me, am a happy home mom trader now.. lol

  4. Jason.. says:

    The indicator is Ok… i decided try it after watching a youtube video which i learnt that any hacked version will not work. tho its not 90% as claimed by the reaper site but its somewhere around 75- 80 cos out of 35 trades for the week i won 27,,, it might as well be my mistakes,

    • Trader KKK says:

      Thanks for the info, i will try it and post my own reviews, binary systems are hard to trust these days coz there are lots of scams

  5. Jakob says:

    I managed to get the reaper for free. This indicator is pure scam, I would say.. I may have had a bad day, but I wouldn’t be recommending it.. Like John said; their marketings ways and the website is weird.

    Rather stick with Binary Brain Wave, that is some serious piece of software!

  6. A.. says:

    has anyone tried binary reaper?

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