NavStar –Real or Scam?
To begin, the head developer of Navstar Trader, Ethan Harrington claims to be a self made millionaire living in Massachusetts. While this story may wash with some people along with the fact of a four minute set up time and the “transparency” of the speaker, it certainly doesn’t wash with us here at Binary Options Tested. Is Navstar Trader worth your time? Read this Navstar Trader review to find out all details.
(1 / 10)
Scam Website: http://navstartrader.net/ Their website quality is bad.
Navstar Trader scam review
Navstar Trader 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 Navstar Trader system cost?
Navstar Trader 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 Navstar Trader software to actually work.
A ‘quick’ story of how Ethan worked for NASA but didn’t feel complete makes us all tear up but seriously what is the point of telling us this sob story? The reality is that the supposed CEO is trying to get you interested in their software system, in order to convince you to buy it.
By utilising satellite connections, there is a trading rapport of 94/100th of a second, faster than the markets, which, according to the video makes them safely create a rapid counter trade (RCT) if the original trade goes off expectations. So, if NavStar Trader algorithm detects a risk within their parameters of over 0.002%, it makes another trade in the opposite position and will lead to a tie trade instead of a loss.
The claimed winnings by the clients of Navstar are extortionate and unbelievable. We do not expect such ridiculous winnings from any trader, less it be what is ultimately one of obvious poor quality.
The geographical limitations of this software makes us think that the whole promotion is selling a scam. The speaker reminds us that he is not trying to sell you anything. And although what he says: that the more money you make, the more money he and his colleagues make may make sense if you are new to binary options trading, the truth of the matter is a lot different.
Is Navstar Trader Auto Trading Software a Signal Service?
Navstar Trader 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 Navstar Trader?
Navstar Trader 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 Navstar Trader. Instead we ask you to seek alternative. If you really insist to use Navstar Trader its your choice. Do let us know the results in the comments with your trading experience with Navstar Trader so others can benefit from it.
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Navstar Trader review summary
Navstar Trader 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.
|Possibility of scam||High|
|Starting Balance||250($€£) or major currency|
|Get rich quick scheme||Yes|
|Compatible Brokers||Bloombex Options|
Conclusion of Navstar Trader scam review
Ethan tells us he is transparent, but this video is nothing but a cover up for the scam that is this trading system. One piece of advice from BOT.Please save your time and do not bother with this NavStar binary options trading system. Go to best auto traders to see which have much better chance of you making any money.
Verdict: Navstar Trader is a Stupid Nonsense Crappy Scam
Navstar Trader is rated
1 on scale of
Scam Website: http://navstartrader.net/