Fake Binary Options Trading Software is the Brit Method
It has been exactly 21 months since the first Brit Method software was released, to scam common Britons into thinking they can make easy money whilst they are sleeping. The fact that it is still in operation today, just goes to show that “a sucker is born every minute!”
Here is Your Wake Up Call! You Will Not & Can Not Make Any Money With Brit Method!
Anyone who has frequented a streaming, adult or torrent website, has seen the ads for Brit Method. Actually, those advertisements are just a way to get you to join, one of the many offshore scam binary options trading companies. If you think you can trust that nice bloke on the phone with your money, you should read the Binary Options Trader Forum, and see all the complaints about people who got burned.
Is The Brit Method Really a Scam?
Yes, Brit Method is not based on any trading algorithm.
The automated trading software behind it is actually a “automated coin flipper”. Fake companies create these algorithm trading robots to randomly places trades on your account. Usually within 3 days, Brit Method software causes all the money in your account to disappear on losing trades.
Then the scam begins with a phone call from a sweet scam broker, who offers you to “invest” in their managed account program.
If you want to see what a real broker looks like, go visit the London based ETX Capital. They are an FCA licensed Forex broker who also has a binary options trading platform, see: http://etxcapital.co.uk/binary.
Once you have opened your free account, ask the customer service agent if they can manage your money for you. (They will tell you; No Way, It is against the law!)
Who Are The Legal Binary Option Brokers?
Stop for a minute before you waste your money at an online fraudulent broker, and do some proper research. The fact is; today there are less than 30 companies worldwide who are legally licensed as binary option brokers. Oh, and none of them are connected with the Brit Method software.
These are the popular brokers:
- Australians primarily trade at the ASIC licensed broker: HighLow.net
- Europeans like the CySEC licensed broker at: BDSwiss.com
- South African investors almost all choose FCA & FSP licensed broker: ETXCapital.com
You can read the UK FCA’s Warning About Fraudulent Brokers, see here.
Popular Automated Trading Software
Unlike the Brit Method scam software, a real binary options robot gives the investor an ability to customize the trading software.
First off, you must only use a software if it is connected to a licensed binary options broker. Proper binary options trading robots allow you to select; underlying assets, trade strategy, employ a daily stop loss / take profit feature. The trading robot should allow you to see historical results, and reverse trade.
There are hundreds of fake trading systems available online today for binary options trading, but the most popular ones still remain these: