Review: Binary Money Mind.. New Name, Old Useless Junk
Binary Money Mind is a free piece of trading software you will receive upon signing up for a selected binary option broker. In order to complete registration new users will be required to deposit money.
This software claims to be able to trade binary options with a win accuracy of 94%.
The First Thing You Should Know… Before You Try Binary Money Mind
From the research I have done for this review…. it is clear that this software is actually being offered to you by the very brokerages that you are asked to sign up and deposit with.
It does not take a genius to see how trusting a broker to trade your money could and probably would backfire…After all they only make money from your deposits….
Also giving you software that would trade so effectively would in essence bankrupt them pretty quickly.
So believe me when i tell you …I doubt this will work.
94% is a Fantastic Claim
I also run a Forex site on which i have tested various and expensive trading software and none of them could make such a steep claim…
In fact even on this site, despite testing over 10 different binary options trading methods ….I can honestly say I have never made money from any of them…
Binary Options are High Risk. And Not Great
I should make it clear that binary option trading is high risk and evolves more leverage than other types of trading ….This means that you losses can exceed you initial trade value…
Although there are good brokerages for all types of trading …binary options have a very poor reputation …Many brokers have been documented manipulating prices for there own gains and unfortunately there has also been reports of brokers failing to return deposits…
I can not honestly tell you i have investigate the broker listed with this product …Instead i can only advice anyone to do some research before you trade anywhere.
In Essence I Believe.
Binary Money Mind is a well packaged scam Designed to get you too deposit with a broker.
On a brokerages official site they could not make the claims that this product does …..as they would face litigation.
So instead by creating a stand alone product which appears to be separate from them ….They can then make such great claims of wealth production….But in reality this is a simple ruse to get you to deposit with them….
I called this post…. new name, old junk because this type of deposit encouragement is actually wide spread through out the web…..With free trading software almost always designed to profit in this way ….
Do you really want to make extra money?
I certainly can’t guarantee anyone will become rich on-line…However i have found a few products that have worked well for me.
If you would like to read some unbiased reviews on other products which can explain to you ….How they work and if there are any catches involved…Visit My Top Earning Systems Page.
Thanks For Reading