Snap Cash Binary was a binary options trading software, that we have seen numerous times under various aliases. It has only one purpose, and that is to connect you with an unlicensed offshore scam binary options broker. The software was released to the public on September 18th 2016.
SCAM ALERT! This software is not endorsed by Elon Musk, read this!
Bulletin: The real money odds are saying that you will probably not profit real cash with the Snap Cash Binary software.
If you get lucky, then your “broker” will close your trading account as it has violated their terms and conditions.
The Snap Cash Binary System
This binary options funnel works like many others. It starts by showing you a rags to riches story about a guy selling mattresses, and then he starts using this trading app, and becomes an overnight millionaire.
When we started trading, we managed to make $100 profit on a $500 deposit, and it took many hours of work. We didn’t try using a trading robot, instead we used a real licensed broker. (See 24option.com in Europe)
What the Snap Cash Binary did was choose to work with these offshore, unlicensed, scam brokers who get you by banning automated trading systems in their terms and conditions pages. Which means that even if the robot software gets lucky and makes money, you cannot withdraw that money and you lose!
You should really read in the binary options forum what other people are going through trying to get their money back from online fraud brokers.
Snap Cash Binary Software
Have you check with your friends on social media to see if they are using the Snap Cash Binary software. Go try and share this article on Facebook and see what your friends tell you. (Their responses will shock you!)
Do Now Believe what they wrote on their site!
“Get Your Own Cash-Generating Machine NOW, Generate At Least $1,200 Per Day, Every Day!”
The real results are much different than what he is promising you.
One person sent us an email saying that he lost on 90% of the trades that the system placed for him. Another naive investor told me that he invested $10,000 with an offshore broker and wants to know how he can get his money back.
So before you decide to donate your money to an online fraud, do your research and compare the various legitimate auto trading systems.
The Real Honest Brokers
There are about 20 binary options brokers that are licensed in Australia, United States of America, Singapore, Cyprus and South Africa.
The vast majority of brokers that you find online for trading binary options, do not have a license, and are simply fake fraud brokers. You should look here to see the new list of the most popular licensed and regulated brokers.
Popular Algorithm Binary Software
The real high speed algorithm trading systems for binary options trading will have many customization features. They will allow you to do things like choose your own broker, select which assets the software trades, utilize multiple trading strategies, stop loss and risk management controls.