The binary options market represents a convenient way for making money for all those who have been long enough in the business to know to apply the required strategies. The binary options market requires patience and constant market observation in order to make profits. Therefore, the introduction of sophisticated software which is based on automated programming was received very well by binary options market participants. Still, even though some of the automated robots perform well, the majority comes with malfunctions and accounts for losses instead of profits. Even worse, some of the robots are complete scams which were designed only to deplete the accounts of honest traders.

Traders Revenge is also robotic software which is supposed to help traders achieve optimal trading results in a very short period. The only question is whether the trading tool is one of the good ones or a complete scam. Let’s find out what the Traders Revenge is and how it performs.

What Is Traders Revenge?

Traders Revenge is an automated system for binary options trading which is a prestigious tool in the industry according to its developers. The founder is called Ryan Jackson who developed the software with a Russian known as Vladimir.

The story of the creation of Traders Revenge sounds very interesting probably because the aim is to evoke sympathy in traders. Namely, the owner was tired of being the scapegoat of different software platforms which were pure scams so he decided to develop a trading tool on his own and the result is called Traders revenge. We can see that the name of the tool indicates an aggressive approach to the market.

So far, it does not sound bad, if it were not only for the presentation video of Traders Revenge were we are presented with a familiar face which claims to go by the name Ryan Jackson. The presenter is an actor who is not doing this for the first time. The actor in the video already did such gigs for other scammer companies as well. This means that a Ryan Jackson is a fictional character and a product of pure imagination. The people or individual who launched Traders Revenge is hiding behind this imaginary character. This is already a bad sign and reason enough to walk away from the offer.

The actor can be found on the Fivver.com website just with people who provided fake testimonials in exchange for money. The sad truth is that this scammer did not even try hard enough to fool us. There is evidence all over the place.

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How Does It Work?

The alleged founders claim that automated robots are designed to let you fail. Moreover, they make you fail. In that aspect, they focused on creating the opposite and a robot designed to help truly. The process is called Reverse Engineering, and according to the duo, Vladimir hacked into the fraudulent systems and figured out which algorithms work against options traders and created the opposite algorithmic formula which works in favor of traders. The promised return rate is over 80%, which makes the founder sound modest in comparison to the 95%-98% return promises by similar scammers.

Registering with the platform only confirmed that the software is a reproduction of earlier scams just under a different name. This indicates that the problem is even bigger since it seems that it is always the same group of individuals under different aliases who try to trick people and get away with it every time. Unfortunately, it seems that this unpopular trend spreads like a disease with no legal consequences. The decentralized market makes it difficult for regulators to track down the fraudsters who keep appearing and disappearing as they please.

Final Conclusion: Is Traders Revenge a Scam?

Traders have to be careful with automated trading tools. Traders Revenge is one of the many examples designed to lure you into a web of lies and frauds.  If this software was so good, would it really have no positive reviews? Of course not, and that is why traders should stay away from such offers.

The Traders Revenge promises profits in a market where profits are unpredictable, and that is one of the basic principles traders should know. There is no guarantee you will succeed with this tool.

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