Over time, there has been a rise in the number of automated binary trading systems since they are very simple to use. Although most of them are legal and claim to be highly profitable, there are many corrupt automated trading systems flooding the marketplace. Innocent traders, especially those who are new to binary trading are the easiest prey to con trading systems.
However, we take time to educate binary trading participants on such issues. As such, today we are looking into Pro Signal Robot. It’s an automated trading software. The following are its features and why it may or may not be for you.
Contents
Pro Signal Robot Review
Pro Signal Robot is not transparent in describing how the software works. In its description, the company does not go into details on how the software analyzes the market and utilizes strategy. In fact, it only mentions big names. That is, the platform uses an advanced sophisticated algorithm. Usually, this is a sign of a con.
When you are getting into a trade, you have to make sure you understand how it works. Therefore be part of the behind the scenes so you do not have to rely on the product forever. As such, there is a need for the company to describe how it works openly and if it does not be warned of a potential swindle.
No Trial
Pro Signal Robot offers no trial or education sessions for its participants. The company is clear on the fact that it does not offer free trial versions. This is another indicator of a possible scam. Clients should be given a chance to test if the services fit their needs. If they will not let you try out their services, be on the lookout for a possible scam.
In addition, Pro Signal Robot requires one to be a subscribed member so that he or she can enjoy trading tutorial and instructions among other benefits that should be in the trial package.
Pressure to Invest
“The price is going up… If you wait, you could find yourself paying a lot more for this.” This statement puts pressure on potential clients to invest. In most cases, trading platforms that pressure participants to invest are usually frauds. The company goes ahead to outline the hours left to the cost of investment increasing. This may influence clients to invest without thinking about their decision. In such situations, they easily fall prey of con trading platforms.
Unregulated Brokers
Pro Signal Robot is not clear on its support brokers. This questions the eligibility of the trading system.
A good trading system should have a regulated broker that is listed among the licensed brokers in the industry. However, this is not the case with Pro Signal Robot. On that account, it is possible the company is fraudulent.
Competitors
There are quite a few automated systems available. These are the current competitors for the PSR:
Consistency
Pro Signal Robot is not consistent with the information found on its website. The company describes itself as a binary options trading software that allows automated trading experiences. On the other hand, in the frequently asked question part, the answer to the trading system is automatic trading robot software, was, no, it is not automated.
Therefore, there is no consistency in the information about the company. This shows the possibility of emitted or hidden information, which is also a sign of a possible scam.
High Rates of Return with Little Investment
In one of the videos, Pro Signal Robot promises returns of between $5489- $7578. This is an extremely high amount of returns considering the small investment. To make such money, one has to have invested heavily. Therefore, anyone promising you such high returns with only little investment could be a con.
Other Reasons
Unlike other binary trading platforms, Pro Signal Robot does not have a list of countries where it is legal or functioning. Actually, it clearly states that it collects orders from any county. This is not possible since binary options are not legal in all states. Therefore, this creates concern about the genuineness of the trading platform.
The platform has no customer service and email address to facilitate communication. Potential clients are addressed through live chats only. This raises questions on why the company does not have personalized communication services.
Pro Signal Robot Pros
Although the trading platform has a number of limitations, it does not lack in achievements. The successes include the following:
• The company software is user-friendly.
• The trading software is completely automated.
Conclusion
In conclusion, due to the above-mentioned reasons, we have found Pro Signal Robot trading system not to be a reliable binary trading platform. Promising get rich quick schemes will always exist. Understanding how binary trading works and that it is not a get rich quick system will help you in choosing the right company to invest in. Remember to think twice when the deal is too good. Do research about binary trading and legit trading platforms that have been proven to work. Always test products and services before subscribing. On the same note, if you get a reliable trading platform, take advantage of it and invest largely but be fully aware of possible risks.
Pro Signal Robot $199/month
-
Price - 16%
16%
-
Strategy - 43%
43%
-
Results - 22%
22%
-
Feedback - 41%
41%
-
Support - 32%
32%
Pros
User friendly
Completely automated
Cons
High price
No verified results
Poor support / feedback
John Kane, your website reviews content totally different from pro signal robot official website content. I talk on the live chat of pro signal robot almost 1 hour also read the faq and all content of the pro signal robot website. I do not found any “Promising and get rich quick schemes according to your reviews statement”. Pro signal robot clearly mentioned on the website. it is not 100% accuracy signal software and every subscriber achieves totally different results with pro signal robot software, and there are no fixed winning rates or effectiveness rates. All results will depend on the subscription plan and market condition. Live chat team said Pro signal robot money management system says target a daily 1% to 3% profits they do not recommend to make profits more than 3% a day for safe trading. Now I totally confused to buy pro signal robot.
Hi Mohamed, you are welcome to test the service and let us know your feedback.
hi very good ?
i am trying to purchase it for next coming days and i will share with you guys the result
Hi have win?
I have purchased the app for 600$/yearly…
I tried and used every where as completely and what they showed us in their website completely not true
The result i found from their app is 50/50…..
Sometimes is good and sometimes is not good…..
The most profitable signal comes from your own market analysis never get fooled buy these convoluted fly by night robots
very good ?
I don’t really have much faith in this service.
I emailed them, and waited days for a response. The only response I got was a couple of words.
They don’t appear to care about their customers, and that’s just 1 reason why I won’t sign up with Pro Signal Robot.
Janet, you’re wrong.
I took with pro signal robot support via LIVE CHAT and they really helped.
They providing real-time live chat support. They do not offer email support for non-subscribers. Pro signal robot promising 100% guarantee reply within a few hours on email.
Can you please name a few robot website which are geniune. I am lot confused about it because everyone seems here to be scam. Could you please help me out?
Hi Mrinal, if you want to trade with an automated robot, you should stick to Forex, see Forex Fury
I get a winning results from Pro signal robot between 70% to 80% but their website mentioned 80% to 94%.
Please show us these results Emam
Emam Kendy, I think you’re also not following pro signal robot instructions and use the software anytime.
I purchased 1 PC lifetime plan, 5 months ago. I’m happy with the 5-month results. Pro signal robot giving an average 75% accuracy winning rate in these 5 months.
Pro signal robot said 80-94% accuracy rate but need to run software according to their instructions but I ignored the instruction and use my own strategy with the software so that is the reason I get a 75% accuracy winning rate.
Thank you very sir for your honest reviews. The owner here is telling stories without any proof about the brokers which are not regulatedregulated used by ProsignalRobot.
Are you satisfied with the purchase of the pro signal robot?
Could you show me the proofs other than the videos that software site has posted so that i could rely on that software?
I need Prosignal robot. I have the vidio about trading.
I was looking at this but I’m not interested now.
Thanks for your review.
PSR doesn’t seem reliable, and why are their no client reviews for this anywhere online? IF it’s really making money someone would say something about it.
You are wrong. Try and you will a living before others who have not tried but they just use wrong approach of reviews. A good reviewer is the one who has tried the product. Not stories. I have perfect chat with ProSignalRobot without even being the buyer of their product. If all questions can be answered via chat what is the problem with it?