Is the Profit Trigger binary options auto trader a scam or is it legit? On first impressions the Profit Trigger website is quite tidy and well presented; unfortunately, we are also greeted by a countdown widget that tells us there are only 21 spots left and that only a limited number of applications will be accepted.
We are then show some results produced by the Profit Trigger software which, in my personal opinion, are not believable; I have flirted through the first 20 pages of completed trades (8 on each page) and only seen 3 losing trades out of 160. This represents a return of ITM trades at just over the 98% mark; we all know that this is excessive as a good return is around 75 β 80%.
The Profit Trigger video doesnβt really explain much to us; the narrator just tells us that he wants to share his profits with us and tells us that there is $53 trillion every year in trading transactions across the world. He claims that he has created the Profit Trigger auto trader to take a miniscule portion of that and you could make yourself an extra $30k a year. This isnβt at all unrealistic, but doesnβt match up with the results we are shown that I mentioned previously.
Profit Trigger claims that there are only 33 spots available and you have a limited amount of time to secure your spot, which will be totally free for the first 12 months. After that you have the option to buy the software for just $2500, but there is no obligation to continue. We are told we have 10 minutes to make a decision and the clock is ticking!
The narrator claims that Profit Trigger will generate you an average of $1060 daily after the first few weeks and that this figure will replicate itself constantly from then onwards. The second video goes on to tell us that there are only 32 spots available and that you will be missing out on $20k each month if you donβt snap up the opportunity. These figures are now completely different to the $30k a year we were told about on the first page.
So, I have watched two videos telling me what my potential earnings could be with the Profit Trigger software, but I still have no idea of how the system works and how it generates money. It seems that the guy narrating just wants to give money away, but I am pretty doubtful of that. I am not impressed by this software at all and will be labelling it as a scam.
If you are looking for trustworthy and profitable software, then take a look at ICE9 Technology 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.