Is the Copy Buffett Software a Scam, or is it Legit? This recently released software by Jeremy Fin is a new binary options trading system which is basically copying Warren Buffettâs trading tactics. Buffett is one of the most renowned and clever traders who even managed to trade successfully during the recession that started in 2008, whilst many people were sadly losing everything.
The Copy Buffett trading software is a service which has been six years in the making and is 100% free for the first thirty days, after which you become a 95% partner. This means that the owners of the Copy Buffett system only make money if you do, they will receive 5% of your profits. This kind of deal fills me with the confidence that the software is not a scam, as they will only profit from your successful trades â the more you make, the more they make. Please note that you are required to make an initial deposit of $300 with a verified broker before you can access the software. Obviously, the higher the investment, the greater the return, but we always advise (especially for new traders) to start off with the minimum deposit no matter what the software!
The Copy Buffett software claims to be capable of generating up to 500 signals each day, although in our experience, 400 seems to have been more of a realistic figure. That said, we have not been using the software for all that long, so 500 may be feasible. The Copy Buffett software generates a winning ratio of around the 80% mark which, although it is not as high as some of its competition, is still a good healthy profit margin. The minimum trade with this software is $25.
The team at Copy Buffett have chosen to offer a top quality support team, offering live chat and 24/7 email support. There is also the opportunity to chat with other live traders, which is a nice little feature that we have only come across a couple of times with other software. Registration is simple and quick and, again, if you have any problems there is someone there to help! The trading interface is also totally web-based, meaning that there is no need for any other software downloads.
Copy Buffett offers the option to trade in a variety of assets which include stocks, currency pairs, indices and commodities. They simplify the entire process for you, choosing the right assets with the higher probabilities to make profitable trades. All in all, the Copy Buffett software is totally Legit, not a scam.