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Prizm Tech Review – Scam or Legit?

Prizm Tech Review – Scam or Legit?


Is the Prizm Tech binary options auto-trading software a scam, or is it legit? Prizm was developed way back in 2007 by Richard Squire; you may, then, be wondering why you’re only just hearing about it. Well, Richard came under fire from several other software developers, claiming that he’d swiped their source code, when Richard says that it was in fact his competitors that stole it from him. He tells us that his software was the first of its kind, and that all other are but pale imitations. The legal fallout was apparently so massive, that the cases weren’t settled until recently, and only on the grounds that Prizm be given away for free.

prizm tech review scam or legit

Prizm’s webpage is actually fairly sharp – sensible colour scheme and layout, not a dialogue or pop-up in sight, and a single, more subtle than usual sign-up box, with one slight difference – just above it is a seemingly randomised code called an “API key”, which pairs you up with a broker to increase reliability, and cites as the reason all of the “clones” failed.


prizm tech review scam or legit1

As for videos, there are two; the first one is around five minutes long, and introduces Richard, his legal battle, and how he feels responsible for people losing out to his rivals’ dodgy offerings. The second, also about five minutes long, explains how Prizm works. This one, would you believe, not only features the ability to skip forward and rewind, but also has volume and even resolution options – blimey, there’s a first.



It all looks pretty good so far! Prizm’s earnings claims are remarkably honest, at less than a thousand dollars a week, with feasible a 78% hit rate; none of this “95% success rate” and “become a millionaire in three months”.

click to download

Although Prizm Tech does use a couple of actors for testimonials, the rest of the site is very professional and the trading platform itself is satisfyingly simple and well presented. We will be making a deposit with Prizm Tech as we believe that this software is not a scam and is quite legit.

If you are looking for other trustworthy and profitable software, then take a look at Automated Binary or the OptionRobot; both with over 80% ITM trades. Our current favourite piece of software is TrendXpert; this is a trend indicator for manual trading which also offers live training. All of these have proven to be profitable for us.

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