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Reviewed

Published on April 16th, 2017 | by John Kane

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Velev Trade – Velev Trading Group Review

Velev Trade – Velev Trading Group Review John Kane

Summary: This is a new signal service being pushed by an untrustworthy binary options reviewer. Be careful with how you proceed.

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Today I’m looking at a new signal service by ViF Treid Ltd., Velev TradeTrading Group. The service is promoted on YouTube, and on a binary options review site that I’d prefer not give any publicity to, as they do nothing but bash the intelligent developers, and promote automated trash. They continue to promote, United Trading, which does nothing but lose.

The location of ViF Treid Ltd, is not disclosed, but their web-server is located in Sofia, Bulgaria. To get in touch with Velev, you can email tradewithvelev@gmail.com. For updated binary options signals ranking please go here.

Velev Trading Group Review

The Velev Trade web-site and YouTube channel first came to be about a month ago. The web-site is still a blank Canvas, with nothing but a disclaimer on it. As for the channel, some of the original videos are interesting because they show trade setups utilizing support and resistance. There are other educational videos that show different indicators and trading approaches, but I haven’t analyzed them in much depth yet.

At first glance, I would actually believe that this is very legitimate. Yet, a red flag is always immediately raised when some of the unscrupulous binary options marketers start to dig their claws into something. As soon as I see specific blogs telling the community that a software, or service is good, I begin to think the opposite.

Results

As with any good binary options signal service, the most important thing is the Velev Trading Group results. This “educational” trading group began 3 weeks ago and claims to have weekly accuracy numbers of over 80%. The way Velev attempts to prove this is quite odd. His videos show us a Facebook post, that states how many trades won, and how many lost. There is no record of any of the trades, and no proof that they were ever traded.

It would be very easy for Velev to provide us with a weekly trading statement so that we could analyze these trades in depth for ourselves.

They claim that the out come of every trading suggestion can be found on the group Facebook wall, but Facebook posts can be deleted with the click of a mouse.

In the last week, which is referred to as week #5, they claim to have provided 33ITM and 3 OTM. Yet, again these results can’t be verified, and considering who is backing this product, everyone should be extremely skeptical at first.

Conclusion

I hate to totally condemn any product, so instead of being like all the other crappy binary options reviewers that would say Velev Trading Group is a scam, I’ll take a much more reserved approach. If you are interested in the service, see if you can test it out for free. They don’t have a sales page, and you have to email Velev personally to gain access so you can probably work something out.

I will say though, that this isn’t my recommendation by any means. I’m providing a 2 star review, because there are really no results, or real user reviews available at this point. So I don’t see why there would be any interest in this service right now. However, if Velev continues to trade well, and start providing real trading results, then I’ll consider upgrading the rating. So I wish him luck and hope that everyone is having a great weekend.

Please leave a comment with your thoughts, and any suggestions you may have for Binary Today.

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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.


2 Responses to Velev Trade – Velev Trading Group Review

  1. Han says:

    I’ve been closely following this trading group.

    IT’S TOTAL CRAP!!!

    LOST OVER $2000 IN ONE WEEK.

    STAY AWAY AT ALL COSTS!!

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