Compound Trader-Truth or Falsity? Legit or SCAM? Trusted review here!!!!
To start, Compound Trader is an app that has been around for a about a month but has failed to dominate the binary trading market. That being said, our aim here at BOT is to consider and review each and every option for our reader, so that you guys have the best opportunity to trade as you wish. Keep reading for a review that will help you do just that and most importantly avoid SCAMS! Is Compound Trader worth your time? Read this Compound Trader review to find out all details.
Closed Website: http://compoundtrader.co/. Warning: Compound Trader's website might be operating but the business is closed. It is not recommened to register or signup with them as it will not be functioning account and you may lose the money because there will no withdrawals can be made.
What is up with Compound Trader App?
The core idea behind this app is that it compounds your trading investment, so that instead of your cash being used for one trade, it is instead re-used on a number of trades. Which, when analysed should mean that you make more cash for your buck right? Em, not exactly. And this is where readers may have be tricked. When the accuracy of the system cannot be guaranteed in the first place then this idea of spreading the investment over many trades loses its competency. All ideas are good, it is those that are carried through that are successful. Our impression is that although a good idea, this system does not stand up to the mark.
The major selling point?
This trading app claims like other scam systems that it is a way to make “passive income”. This is all very well and good but our concern is the video found on the landing page tells us that we will earn more than simple ‘passive’ income. A bit contradictory? Yup, it sets off warning signals of SCAM. However, that being said, we here at BOT like to think of each trading system in it own right, not just it’s marketing or delivery method.
Seven years was needed to develop this substitute app or so the alleged developer, Dr Albert Henderson claims in his promotional video. Not believable, this makes us wonder what the makers of this app take its clientele for. What is clear that it is just a way to make you think of the Compound Trader App as prestigious.
98% accuracy is an interesting figure concerning the fact that the App promotion asserts it can make us 5,743 from one single trade, which in our trading eyes is unrealistic and not achievable as you all know by now with binary options trading.
The Good Points?
For one thing, at least the video is honest that one does not require experience for binary options trading. However, we feel that the general overarching intent of this promotional video supporting auto trading versus manual trading is that it is especially important that you sign up to get one of the five spots. Don’t fall for it! It is, as you’ve probably realized a way to make you register and make you feel the need to trade!
watch the video
|Possibility of scam||High|
|Starting Balance||250($€£) or major currency|
|Get rich quick scheme||Yes|
|Compatible Brokers||Option Bit|
Warning: Compound Trader's website might be operating but the business is closed. It is not recommened to register or signup with them as it will not be functioning account and you may lose the money because there will no withdrawals can be made.