Navstar Trader Review
Reading claims about incredible money-generating opportunities from innovative binary trading systems is not unusual to any binary trader. The method of aggressive advertising and exaggeration are often used by those who create and present binary trading automated systems.
Software: 100% Automated
Max Returns: Up to 88%
Minimum Deposit: $250
Countries: All nations
- The website is easy to use
- The binary trading robot is fully automated
- The developer’s story cannot be proven to be real
- There are no proven positive results
- There are too many negative comments from the customers
Not Reliable Service
What Is Navstar Trader?
A trading system that is made based on incredible promises is Navstar Trader. It is offered to the clients by its creator and company CEO – Ethan Harrington. In the current research, we will try to reach all the important aspects of the robot and reveal our findings.
Ethan Harrington states he intended to launch his business (the one behind the robot) as an IPO on the US stock market. For now, his program is available at no cost, but after the launch takes place, it should cost a lot of money. At least this is the official explanation. Today, Navstar Trade has a restricted access. Only 50 individuals from 10 world areas are authorized to enter the system. There are just 24 positions left, as reported by the CEO. This deficiency of available positions represents an alert indication for us. Such demanding methods are utilized for two purposes by the scammers.
In the first instance, the fraudsters want to induce a feeling of distinction in regard to their scam and in the second, they want to develop a perception of urgency and drive the clients into a quick registration.
We don’t have much confidence in this trading robot, particularly since it hasn’t been shown to efficiently work. We suggest you keep safe and pick a totally secure trading system that is known to generate real money. And yes – such systems exist.
How Does It Work?
As the promotion page shows, Mr. Harrington was a technical architect and worked for NASA on the Navstar GPS Satellite program, so this is where the trading robot got its name. At some point, the strong feel to generate huge profits pushed him to the binary options market. A good friend of him known as Zach, who happens to be an expert trader, developed the plan to apply the GPS Satellite technology in the trading algorithms with the goal of reaching the market info in the quickest way possible.
As the developer suggests, Navstar is considered to be a trading system with no risk, which is able to remove the losses. Traders have a secured daily earning of $22,005 and the program can make $900 each hour, according to the claims. These figures are really fabulous, and the incapacity to fail as well. We suggest you choose a binary robot that at least is modest at describing its capabilities and looks realistic.
Navstar Trader operates by opening and examining granular data. This implies it takes into account market data at the deepest level. It has an RCT function as well, which is an instant counter trading deal in case the price is going against the client. The program should immediately open a RTC if the risk goes higher than 0.002%. However, many trading robots misuse such abilities and you will have a loss anyway.
As of now, you can register for free. Despite the fact that no minimum deposit is displayed, we expect that it is $250. Anyway, Navstar Trader is not a trustworthy program and the required amount may be higher. We think that you will not get further and register the system, it is too suspicious. There are much better alternatives.
Final Conclusion: Is Navstar Trader a Scam?
Based on our in-depth analysis, our experts found out that Navstar Trade is not a secure trading robot. This binary auto-trading program could not generate the earnings promised on the promotional page. We suggest you stay away from this binary robot.
|All brokers >>|