The automated binary options systems can be a great method to anticipate the market price and even trade without in-depth knowledge about the markets. They can do a great job at reducing stress and risk related to wrong decisions based on emotions. Moreover, you can have a passive income and be active in your daily tasks since the robot can trade on its own. However, even if it sounds like a dream, this story is not true about all of the binary robots out there. There are lots of scams and fraudulent systems, particularly in the recent years. Alive in 5 is one of the new binary robots and we have to see what it can offer.

What is Alive in 5?

Today, traders have learned to be more skeptical about any new product appearance, and we like to think that we had our contribution as well. Typically, scam robots promise a lot of money without any considerable effort and investment. “Become a millionaire in 30 days!” they say. “You don’t have to risk anything!” However, can binary trading be so easy? In fact, there are no methods and strategies that can help you become a billionaire within thirty days or even half a year. Binary Options is not about gambling – it is a trading activity. You have to know a lot of stuff about how the markets work.

Alive in 5 is one of those binary trading systems that came with many promises. However, the robot could not demonstrate its incredible capability, as there are no positive comments or real evidence about successful trades.

How does Alive in 5 work?

Alive in 5 is meant to work on the auto trading mode. It suggests that you have to simply get the application and signup. This binary trading system can open and close positions on its own – all you need to do is to indicate the minimum and maximum amount you are ready to invest per each trade. This is all we could discover from their sales page. There are no additional details about some algorithm or some other technical info.

We found it quite difficult to understand the unique features of Alive 5, as it shows no relevant information about how the system actually works. This may be typical only for a scam.

In theory, Alive in 5 doesn’t require a price. This is typical for other binary trading systems as well. However, you cannot trade without choosing a broker from their list, and each broker has a minimum deposit.

If you want to risk and get started to trade with Alive in 5, you have to follow a few simple steps:

• First of all, you have to register the service by sharing your private info.
• Next, you have to deal with a broker from the robot’s list and make a deposit with them. Keep in mind that most of their listed brokers are not reliable – many of them are not regulated at all. The good thing is that you can trade manually or by using the auto trading mode.
• Once you made some profits (which we don’t think may happen), you can request for a withdrawal. It should take 7-10 days according to their sales page (which we doubt again).

Keep in mind that when you choose a broker from their list, you have to read their terms & conditions since the payment procedures differ from broker to broker. Anyway, most of the brokers accept the credit/debit cards for carrying out transfers in and out. The e-wallets such as Skrill or Neteller are also quite popular.

If you want to take some money from your account, you should know there is a minimum amount accepted for withdrawal. You can get your money for free only once per month. Otherwise, there is a special fee per each withdrawal.

Final Conclusion: is Alive in 5 a scam?

Even though we could not accumulate much relevant info that would help us prove that this binary system is a scam, we still don’t recommend this service to our readers. You should trade with a reliable service that has some history.

 

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