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Social Trader Review – Scam or Legit?

Social Trader Review – Scam or Legit?


VIEW THE SITE: social-trader.co

Today we are taking a look at the newly released Social Trader software and ask the usual question; is Social Trader a Scam or is it Legit? Well, my first thoughts as I view the site are that initially they are trying to “piggy back” on to the reputable and profitable Social Tech Trader by using a similar name, maybe in the hope that people may go to this site by mistake.

Secondly, looking at the first page of the site, it is relatively tidy but a couple of things instantly make me sceptical; the claim that “I made $24,755.81 in my first week!” puts me off straight away. That, along with the descending counter showing the number of copies left and the opening line of the video being “You are about to get access to the world’s most powerful trading software” just make me think that this is going to be yet another scam.

Social Trader Scam Review

Social Trader claims that its software has the ability to search for the top traders in the world and the copy their trades “directly to your account” and all you have to do is watch as your profits pile up, all 100% on autopilot.

Scrolling further down the first page there is a section that shows different companies that use Social Trader including the likes of Samsung, Pepsi and Walt Disney! I very much doubt any of the companies that they mention have ever even heard of them! They also claim to have been recognised at the 2015 software awards; quite impressive when you think that the domain name was not even registered until 26th December 2015!

Social Trader Scam Legit Review

The alleged creator and Chief Executive Officer of Social Trader, Jonathan Cooper, claims that if you have arrived at his website then you are one of the lucky few that have been chosen from thousands of other users in their database to be granted access to this ground-breaking scam; sorry, I meant software!

He also claims that Social Trader has a 98.4% trading accuracy with zero risk and a proven daily minimum profit of $1277 with no initial investment required. This is a load of garbage, as we all know, 98.4% accuracy isn’t realistic and you will have to deposit with a broker to get started.

Social Trader Review Scam or Legit

On research, we can find no history on Jonathan Cooper and definitely no links to binary options trading. He, along with all the testimonials, is fake; just paid actors as we so often see.

All in all we couldn’t find any reason to label Social Trader anything other than a Scam.

If you are looking for trustworthy and profitable software, then take a look at Social Tech Trader or Copy Buffett; 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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