In this binary options review we are taking a closer look at Trader’s Buddy. The program is being advertised as a revolutionary trading software, “the easiest way to boost your profits, connect with pros and immediately reduce your risk.”
Today we will let you know if this software is a worthwhile binary options tool or another get rich quick scheme.
Trader’s Buddy Review
As is too often the case, the Trader’s Buddy is being pushed as a free beta test for the first 500 clients. This is dangerous. Please understand that a beta test is not something you ever want to spend real money investing in. During the beta test process a software works out all the bugs and errors. Don’t trust a trading software that isn’t even ready for the public. Especially with real money.
The developers of this new automated program are the same people that brought is Binary Options Robot, one of the most highly promoted systems in the market. Affiliates and sharks constantly promote this software to the binary options public because the sales page looks professional and there are hundreds of positive reviews by affiliates clogging up the front pages of Google.
How to Gain Access
Like Binary Options Robot, the Trader’s Buddy is advertised as a 100% free solution. This is NOT TRUE, as you will have to register with a binary options broker and deposit funds in order to gain access. So not only is that deceptive marketing, but the only brokers they recommend are all unregulated. RBinary, 10Markets, PlusOption and OptionStars all make the list of binary options brokers you can choose from. The people behind this software are given a larger commission to promote unregulated brokers, and that’s why you’ve likely never heard of many of the brokers being pushed by this developer.
The Trader’s Buddy makes many claims about what they have to offer with their services. They promise that the system can either trade for you, or provide you signals. That their software uses 3 proven algorithms, none of which are discussed or elaborated on. That there is a peer 2 peer trading network that connects you with traders all around the world and that they provide traders with an extensive education center.
These promises are not fulfilled. If you enter the members area you will see that the education center provides little to no value at all. There are a handful of short videos that explain how the features of the software work but no reference to any “secrets to master the markets” as they promise.
The Trader’s Buddy is going to get a lot of positive reviews from different binary options trading blogs, but you have to understand that these reviews will be written by affiliates. There are very few real binary options trading blogs, and this is one of them. Here at BinaryToday we provide actual reviews to ensure that our clients only end up with the right weapons in their arsenal.
It’s our belief that this product won’t help you grow your accounts.
You are welcome to try and prove us wrong, but eventually everyone ends up back here on BinaryToday to learn real ways to succeed in this market. Please leave your comments and questions about the review below the article now.