Compound Trader Review
Automated binary options trading using binary options trading robots is completely a good deal for binary options traders. The trading robots take off a lot of weight from the trader’s shoulders as far as analyzing the market is considered. The robot act independently in analyzing the market, generating accurate trading signals and placing the correct trade. Therefore, the trader just sits back or continues in his or her daily chores as the software trades and eventually the trader withdraws the profits.
However, the joy associated with acquiring a genuine trading robot can easily be turned into sorrow if the trading software turns out to be a scam and instead result in losses. With this in mind, could Compound Trader be a scam? Read our Compound Trader robot review to find out more.
Software: 100% Automated
Max Returns: Up to 88%
Minimum Deposit: $250
Countries: All nations
- The software is free
- There was very little information available about this trading software.
- There is no hard proof that this robot really works.
- The minimum amount of initial deposit is $250; which is relatively high especially for newbies.
- There was no real concrete information about the actual developer of this binary options trading software.
- The robot is semi – automatic; meaning that the trade will still need to be present for it to continue trading. The robot trades on a trend that the trader has chosen and when the trend reverses the robot stops trading until the trader selects another trend for it.
Not Reliable Service
What Is Compound Trader?
Compound trader is a new binary options trading software which has hit the market. The software has come with a thud, promising binary options traders rea fortunes. The creator of this software claims that the trader can earn up to $1,000,000 in two months (60 days). If this is real, then there is no use of manual trading and making about $100 in the same period of time and in some instances even ending up making losses. One million dollars in two months is not a small amount of money to make in binary options trading and unless you invest heavily, there is no binary options trading software that is capable of making such amount of money from a mere $250 as the compound trader claims to do.
From the official website, we found out that the developer of this robot is not referred to by his or her real name; which was a real red alert. The developer is referred to as Dr. Albert Henderson.
Also, this developer has made a promo video where he claims the trader can make the one million dollars in just two months. There was not real information about the real developer rather than this actor who goes by the name of Dr. Albert Henderson.
From the above information about Ccompound Trader, it seemed to be more of a fraudulent than a legit trading software.
How Does It Work?
Compound Trader is designed to operate in a semi-automated mode. The trader chooses a trend that he or she would like the robot to trade and authorize the robot to trade. If the trend reverses, the robot stops trading until the trader chooses another trend. This may not be convenient for traders looking to completely get away from the computer.
The developer claims that this robot is based on a passive income method where it used a single trade signal to generate profits to all the users. This shows that its algorithm is centralized and the end users only have the signal receivers which act upon the signals that they get.
The developer says that the binary options trader will only have to invest $250 as the initial deposit.
Final Conclusion: Is Compound Trader a Scam?
From our investigation, we could not find adequate information to guarantee that this binary options trading software is legit and not a scam.
Most of the feedback that we got online was negative. The majority of the online binary options trading community could not prove that this software has a return rate of 98% as claimed by the developer.
To be fair, we looked around for any trader that have managed to make the mentioned $1,000,000, but sadly we could not get any. This showed that this figure is more of a fantasy than a reality.
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