(1 / 10)
Scam Website: http://www.cognitrade.co/ Their website quality is bad.
CogniTrade scam review
CogniTrade is an Auto Trader software which trades automatically on your behalf. The software works like a robot which knows when and which trades to take bringing a profit. Unfortunately not all auto trading robots perform well. Whats also important that the binary options brokers associated with the broker are trust worthy. Before signing up with any auto trader make sure you checkout the broker which has been assigned to you. We recommend regulated binary broker or atleast a trusted binary options broker so that your account balance is in safe hands. Checkout our best binary option brokers.
How much CogniTrade system cost?
CogniTrade may claim to be either free or giving away bonus balances. Soon or later their associated broker account will need to be funded by money which can be $250 or more. That is ok but the problem is that they might be using untrusted brokers. Even if they were to use trusted or regulated brokers, there hasn't been any proof of CogniTrade software to actually work.
Is CogniTrade Auto Trading Software a Signal Service?
CogniTrade is suppose to work like an automated trading software upon which binary options trading are conducted on user's. Auto Trading Softwares work similar to signal service which predicts which trades could be winning on the other hand signal service simple tells you this information without placing the trades i.e you have to place trade yourself.
Should I get started with CogniTrade?
CogniTrade has scored low enough on Binary Options Tested's scoring system which has earned it as scam status. There are many scam money making schemes which are based on binary options trading but they actuall either don't work or connected with scam binary options brokers. It is not recommended to use CogniTrade. Instead we ask you to seek alternative. If you really insist to use CogniTrade its your choice. Do let us know the results in the comments with your trading experience with CogniTrade so others can benefit from it.
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CogniTrade review summary
CogniTrade may not be what you are looking for. To be honest there are so many fake auto traders and very few which might make you some money.
|Starting Balance||250($€£) or major currency|
Conclusion of CogniTrade scam reviewGo to best auto traders to see which have much better chance of you making any money.
Verdict: CogniTrade is a Scam
CogniTrade is rated
1 on scale of
Scam Website: http://www.cognitrade.co/