so anyone who saw my recent posts will notice my negative comments about options bots and providers, it is all a scam after extensive research. I decided to gamble 500 usd in a few accounts for some research over a 4 week period.
I was open minded at the beginning when I started, but was aware that so many people already had said they were dodgy and not reliable, but am a firm believer in forming my own opinion. I also used to work in a bank, so know a thing or two...
Anyway, so after weeks of research I selected a few bots that had best ratings and reviews online.
What I also learned is that the promoters on youtube seem to say one is a scam and one is not, however they are all scams. The promoters pretend that some are not scams to give you confidence and appear to be bonafide honest people, absolutely not. They only say some are good to get some revenue from the bot providers. I also have some trading knowledge and decided to check the option selections versus the forex/stock charts to see if there was any connection to trends, often the bot would say buy/sell XYZ when clearly the trend is going the other way etc. So can only conclude the bots are randomly selecting the binary options, so it is blind gambling.
Systems i tried and also mirrored on forex/stock charts:
-optionrobot.com (completely random gambling)
-social tech trader (completely random gamlbing)
-neo2 (claims to use weather, such a joke and random gambling)
Brokers, that also offer signals
-tradorax (stay away, would not give me my full balance back, also very aggressively tried to push me to invest 5k which i refused, not regulated)
-secured options (very shadey and have office on some small pacific island, not regulated)
-banc de binary (con artists in cyprus...who my designated agent lied about trial offer and i lost 50% of deposit, although are only regulated one i found)
Another tip, do not accept joining bonuses, they then claim that your wins are not fully refundable when you try to withdraw. More smoke and mirrors.....
So, although the experience was like online gambling at a casino, I did have some ups and downs, but currently it is basically all a scam.