German binary robot is a new free binary options product by the ex-German banker Norbert. This developer also came out with a product called German banker secrets that I never looked at too deeply as it wasn’t promoted as heavily as this one.
Today I’ll be providing a review and letting you know whether or not another free binary options system is worth your time.
Your rating: [ratings id=”29417″]
German Binary Robot Review
There are definitely a few things for us to talk about today in regards to the German binary robot. I would like to start by pointing out that this is a free binary options system. That means that in order to gain access to the software you have to sign up with their recommended broker which is option rally. Every single free binary options software on the market this point has failed and that is a fact.
The German binary robot is being promoted by all of the big time affiliates. I’m really having trouble believing that this software is going to provide us with something positive after those same affiliates tried to promote us the binary matrix Pro software just weeks ago. I think we all know that the binary matrix Pro system turned out to be a major flop and binary today readers still don’t have access to the system after weeks of waiting and problems.
I really want to believe that the German binary robot is different than these other systems that it been coming out but there is nothing here that really makes this website any different than the others except that it looks better. On the website there is no discussion of how the strategy works and there is also a binaryverify.com image that can be clicked and when you click on it it’s supposed to provide us some sort of proof. If you look at this further though Norbert really isn’t providing us with any proof because when you get to the next page all it says is that he’s deposited money into an account. It doesn’t say how much money is in the account now or how many trades he’s made, or anything else.
German Binary Robot Conclusion
This looks like a lot of flash with very little substance so there’s no way I’m going to recommend the German binary robot to the binary today readers. If you something you would like to contribute to this review I would appreciate it if you leave your comments and concerns below. As always I appreciate you coming to my website, spending time here and learning more about binary options.
My comments on, German Binary Robot.
Terrible Robot.
Verified account, Software display,, nothing … Lies … 40 Trades per day, slapstick, joke….
8 days of Software … 3 trades result : won 2 and lost 1… I Stopped
Leo
German Binary Robot. Terrible Robot.
Leo
Yep, just like everyone else above, I have tried a few of these systems now and like John says all totally useless and only support the Owner like Norbert the German Banker as he collects from the Broker he recommends every time a new account is set up . My trial account went from $500 and initially up to $630 and I thought ok this may at last be an actually workable Automated system . I had a bit more faith in Norbert as I had checked out and tried trading using his recommended Bollinger Band method which was not too bad as had some success with those signals, but still not overall that profitable , anyway from the initial increase, it did the usual opposite and flopped to a $64 Balance. Everytime I wrote to him, he would reply I am off to another Seminar at the moment and will reply soon, only a week later an email would say , ” this works on the long term, have Patience and you will see results .Yeah right , you see them above
i have been in German Binary Robot for 8 days now and so far i’m on 5 won 3 lost and i sign up with his recommended broker (spotfn) so far so good. The bad thing is that he only do 1 trade per day. So i deactivated the App (auto trading). I’m glad i found this website, thanks to john i’m trading and learning by myself of course with the help of binary brain wave which is on john’s website. And still testing the brain wave on demo mode and so far so good more winnings that losses, i will be posting my results on that page. Conclusion stay away from the German Binary Robot , for me it was not that bad but it can easily wipe-out your account.
p.s. my winnings was just by a hair.
Good luck, I don’t see it working out for you in the long term with this vendor. Too many horror stories reported here.
The problem I opened account with certain brokers are their promotion, i.e. German binary, money magnet, Daily binary profit, wealthy trader, etc come under trusted and reliable software developers, such as Fapturbo and GPS.
Thinking fapturbo and GPS performance, I have no doubt to open these accounts.
too early to comment on german.
I have updated comment on german robot.
After 2 weeks earned positive result, in the third week, I got 6 consecutive loss resulting significant decrease in my account.
Soon, I closed the account yesterday before all my money has been wiped out.
I still do not know what happened with this german software. Inconsistent!
Hi John,
I wish i would have found your post last week.
I signed up for the German Binary Robot and opened an acct at LBinary with $200. Had to borrow the money from my parents.
After 8 days of trading i have 5 wins/ 11 losses, and my acct is at $20, Under the $25 minimum to trade.
I hope the doesn’t happen to anyone else.
PLEASE.. do not try the German Binary Robot!
I have different view for this product.
I got free trial for 30 days 2 weeks ago and after that one needs to buy for $2,400.
This is automated binary now and so far so good during in my trading account at optionrally.
Even there are some loss, but the winning trades are still more than loss.
The disadvantageous:
1. Trades positions are not so many as advertised by Norbert. Only 1-2 trade per day
2. After 30 days, according to me, the cost for this software is too high ($2,400)
3. I doubt whether as he promised that during one month we can get around $3,000.
Is it normal for a binary options broker prices differ to my MT4 platform prices and if so can I still trade them as the binary says, trying to learn the charts and not sure if the 2 prices should be the same or a slight difference but still tradeable.Thank you Richard
9 trades and 7 failures in 34 days, down around £130. Not quite what the graphics represent on the site. I will not be buying this.
I suspect their income comes more from getting traders to sign up with brokers, since the software is free for a month.
Hey, could be worse. Feeling just a little sorry for myself that I didn’t catch this site on my initial and detailed reviews of the product.
Several emails to support have not elicited a single reply. Now, lets see if I can get my remaining cash back from the broker
First of all nice to follow your blog.
I can say that I have tested the GermanBinaryRobot for one week now. It is the same results as joderoo. I have 4 losses and 3 wins. Only one trade a day. Waste of time and money.
Have a nice day.
I think one week is too early to judge a system, but this is not one that I recommended in the first place.
i’ve downloaded it and opened an account with the broker Optionow.I’ve deposited 250€.
no complaines about the broker.He is rather quit good.
But about “German Binary Robot” I’m not sure for the moment if it is Scam or really working
software. I’m trying it now for about 7 days and the only thing i can say is this.
I only get 1 signal/day So untill now i had 9 signals; 5 lost positions and 4 winning positions.
In other words my account is shrinking instead growing.I’ve send many emails to ther support.It take almost 1 day to get response and the only thing they say is.”they are awayting for a good signal”???????.
Stay away from it if you don’t want to drain your portofolio
Should have read the review first Joderoo. Sorry to hear that.
Hi ,
Does any one of the Binary Apps in market impressed you so far? If yes, please advise. Because I trust your unbiased review.
Hi Mohan, having success with Binary Brain Wave and Binary Options Bullet. You can find my reviews and customer reviews on this site.
Dear traders
Stay away from this guy Nobert!
I sent him an email asking him about the broker and he sent me a link to his website and when I asked him to provide more information on this broker and he never replied.
Obviously he has got something to hide.
Hi wongie,
this man is the biggest scammer! I know him very well, NEVER trust him! – see my comment above.
Dear John, dear Traders,
HANDS OFF! This man is the worst scammer, I’ve ever seen and heard! If you see this “Norbert” you must be very careful!
I know this man very weel, I’m also from Germany. In 2011 I tried out his “WallStreetTrick” and lost 300.-€ just one day. Norbert was never a banker, I think, he is rather a poorly paid artist in his 5.-€ suit. This man is making money only with his affeliate-links, if you sign up to one of his recommended and trusted brokers!