Binary Bank Breaker Review

Binary options have opened up the forex markets to a wide population because of its accessibility, flexibility and the fact that the internet age has allowed traders to communicate directly with their brokers and trading platforms at any time of the day your time zone notwithstanding. These developments were unfathomable a few years ago. The downside of these developments is the proliferation of unscrupulous program developers who are designing sophisticated program purely to swindle unsuspecting traders. Here we look in depth a program known as Binary Bank Breaker to see if they are legit or a scam you should avoid.

What is Binary Bank Breaker All About?

Binary Bank Breaker is a binary options robot that promises to make you astronomical returns 0n your investments. It claims to have been ranked as the most profitable trading system for 52 months in a row. It claims that you can make you lots of money even with a limited or no experience in binary options trading. They promote the fact that they will train you to become a top trader with their advanced training.

Landing on their website or on an affiliate’s site, the first thing you will do is watch a promotional video that gives you all the lofty promises and the fabulous profits you will earn from this program. The video’s prime message is that it is now possible to make super profits in a short time with no experience, expertise or knowledge of binary options. All you need to do is register, open their website and start trading within minutes. With Binary Bank Breaker as the name suggests, you will be making over a thousand shillings a day on five minutes or so of trading. This means that you should be making much more on larger deposits and more time spent on trading.

The program uses what it calls a ‘legal spying algorithm’ to determine its signals which have a direct bearing on the accuracy of trades. Numerous searches and investigations later, there is only one conclusion; there is nothing like a legal spying algorithm. It is something to confuse gullible traders with too much trust on anyone who promises big things and utters magical words.

You will find in the video a woman who calls herself Stephanie who will take you through some of her ‘live trades’ which are quite impressive to say the least. The suspicious thing here is that she sounds quite like the actors that binary option scammers collect from Fiverr to help sell their programs. The claim that it is only them that can help you make profits on this program should make you cautious.

At Binary Bank Breaker, you will be compelled to register with one of the brokers recognized by the robot. This implies that you cannot just bring yourself plus your broker in this program.

Binary bank breaker
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1Sounds great, where do I get a Binary Option Robot?
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2Open a Binary Option Robot Account
I recommend that serious traders, open a number of different accounts with the different Binary Option Robots, listed. The reason for this is simple: anyone with knowledge of the market understands that you must spread your risk over as wider area as possible, no matter how good the system, if you put all your eggs in one basket, you run the risk of losing everything. Thus, as with everything else, you should spread your risk over a number of Binary Option Robots, to maximise potential profit and prevent loss. Each one of the Binary Option Robot suggested in this article, has been rigorously tested, regulated, licenced and approved for the territories listed in the drop-down menu.
3Binary Option Robot – How they work in practise
Binary Option Robot

1. Your Binary Option Robot will analyse the market and decide, which asset (currencies, indices, commodities and stocks), is right to trade at that point in time.

Binary Option Robot

2. The Binary Option Robot Will Predict the Price Movement

Your robot will assess a wide-range of factors, and then make a prediction on how the assets price will move, saying: Call (up) if it believes the price will rise and Put (down), if it believes the price will fall.

Binary Option Robot

3. Decide on how much you want to Invest

Then you need to decide how much you want to invest in the commodity and when that investment will expire.

Binary Option Robot

4. Collect your Earnings

Finally, you collect your earnings (the good part!)

 

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Getting the Binary Bank Breaker

If you like their presentation enough and you feel that this is the best thing since the internet was invented, you will then sign in. The info you give will not be enough though; you will need to fill in additional info in another form.

You will then see a number of screenshots showing what they call ‘proof of earnings’, just in case you were considering opting out. It is difficult to know what truthfulness there is in these screenshots but they are quite impressive.

The next step is to post your deposit. Here, your credit card details are taken and you will then make your deposit. SSL (HTTPS) is the technology used to secure the deposit form. This looks secure enough. In other legit programs, you will expect that your deposit will go through the program or through one of their brokers. Here, your deposit will go through a third outfit called Binary Promos. This is highly suspicious and calls for caution as no valid explanation is given as far as this curious process is concerned.

At Binary Bank Breaker, you will have the choice of different pairs to trade with as well as different expiry periods. This will allow you to adapt your most profitable strategy into this program and continue making more profits. This is welcome to traders who do not like to trade with programs which have fixed pairs and selected expiry periods.

The Promises

  • Binary Bank Breaker promises you that you are guaranteed to make profits reaching up to $199,435.75 in about 60 days. This translates to you earning more than $1.2 million within the year. You will earn all these profits with only investing 5 minutes of your time to trade every day.
  • This program makes the outrageous claim that you can make a 500% return on investment in a short time. The fact that the most profitable companies even with impressive growth rates take years to realize this ROI will make this the most profitable venture that you have ever engaged in.
  • As the promotional video progresses, the narrator will introduce himself again and declares that he has been teaching people to make money from binary options trades for many years. In fact, if you follow his teachings and trade on his website, you can make in excess of $1100 dollars a day.
  • The program promises to teach you about binary options trading and train you how to trade profitably all the time. Beginners are promised a good training on binary options which will introduce them to this trading and transform them to professional traders.

The Red Flags

With Binary bank Breaker, there is no shortage of suspicious promises and practices. The most glaring include:

  1. The video tells you at the beginning that this is the first time you are hearing their ideas to make tons of money. The truth is that the video is very much like other binary options robots’ sales pitches. This particular one carries a very close likeness to the sales pitch posted by Legal Profit robot sometime back. In fact, one would think it is an upgrade of Legal Profits, another questionable platform.
  2. The fact that you deposit will not go through Binary Bank Breaker program or one of a recognized broker but through a third website is a major red flag? What is the program trying to cover up by routing this money through another program you are hearing for the first time as you make your deposit?
  3. Isn’t it curious that a program that was registered on February 2015 would boast that it has been recognized as the most profitable in the last 52 months? This is one of the points to note when you are gauging their integrity. Such a blatant lie on the home page of their website is worrying. Makes you wonder what else is a lie, especially what is not so blatant.
  4. Most traders, especially those who have traded with other binary options would rather keep their broker than dump them for a new outfit. This is because your current broker knows your style and you have your way of communicating with him. When you are told to register with brokers none of whom makes it in the list of top brokers, you are being led into an agreement that may be detrimental to you.
  5. The promises of making loads of cash within weeks or making you a millionaire from a few months’ trading and only with a few minutes’ work every day are not new. They have been around for some time now. The trouble is that these claims are propagated by suspicious programs and out and out scammers. Shouldn’t you be concerned when such outrageous are being made? In fact, there has been no independent report of anything close to those earnings since the program went live.
  6. The trades on their Binary Bank Breaker’s website do not change. This means that they are probably faked. Some credibility could be gained by giving you the opportunity to see the actual current trades which should be updated regularly.

Conclusion

The red flags here are too many to be ignored. It would be wise to give this robot a miss. Making a deposit on this program is a highly risky factor. There is no binary options robot that can make you a millionaire within months with the minimum deposit. You are advised to remove this program from your shortlist and take your money elsewhere.

What you need to do

Getting into the binary options market, you only reason was profits. This means that you need a program where your profits are guaranteed and your rate of investment is as high as promised. This platform is the Binary Options Robot. This is a program that has been developed to cater for newbies in the binary options as well as the older traders.

Do you want a great customer experience, with a user friendly interface which is easy to navigate? You should put your deposit with Binary options Robot for the best signals, winning trades and easy trading. You will only trade with reputable brokers here as there is no room for rogue traders. You will not go wrong with Binary Options Robot.

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References and Further Reading

Money Matters: Teflonic Identity Manoeuvring in the UK Investment Banking Sector

The Value of Investment Banking Relationships: Evidence from the Collapse of Lehman Brothers

Asset management and investment banking

Investment Banking and Analyst Objectivity: Evidence from Forecasts and Recommendations of Analysts Affiliated with M&A Advisors

Crowdfunding: Disintermediated Investment Banking

Investment banking
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Author: Michael Allen

Michael Allen is the main author at www.binaryoptionrobotinfo.com. He holds a PhD in Economics and has worked in investment banking for 24 years.