GPS Trader Review

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GPS Trader Review!! It’s a SCAM!!

There are lots of trading system available over the internet, but most of them are a scam and GPS Trader is one out of them. We have done deep research about this trading system and we took around few hours to decide whether its a SCAM or a genuine binary options trading system.

In today’s article, we’re going to review GPS Trader software and provide you all the evidence that prove this trading software a SCAM and we want you to read this review before investing your money into this scam trading system.

GPS Trader is an auto trading application and is created by alleged founder and CEO Richard Heffner. He used to work for Garmin Ltd company as global satellite positioning system and his brother work as a binary trader for wall street and they have together created this software. But we never heard both brothers name in the trading business, and still he claims that his bank account has enough cash to take attention of the banks around the world. Even he claim that with the help of this trading application that helps you to earn more than $850 an hour and more than $20,000 a day.

Basically it is the type of SCAM trading application that put you on the sleep and steal all your money. Maybe you found this review boring, but still it’s very important and you must read or you might become another victim of this money making a robot.

So without wasting no time, why don’t you start checking the proofs which we found while doing a deep research on GPS Trader app.

Recently, we have also exposed Google Traders Scam & Drexel Code Scam.

$20000 a day is fake promise

Richard claims that their system is totally based on a satellite connection and due to which they achieve the outcome of 94/100 faster than any other trading system exists on the internet. So chances are very less, that anyone who’s using this system going to lose their money. But we don’t believe in this.

If you do the little math about this trading system, then you will analyze quickly that it’s almost impossible for the system to get you profit of $20k in a day. Even if you invest all your money, still it’s impossible. If you start with $250 we are ready to bet that your account will not even reach $300. Why on earth would someone add extra $17000 to your account to fulfill your promise?

Site registered 3 months ago

The alleged Richard Heffner claim that he have created more than 27 millionaires in last 3 month, but when we did a little research about this statement, then we come to know that the website GSPtrader.com is registered on April 2020 and is only three months old, then how he created 25 millionnaire?

Also, if scroll down to the website you will see a figure states $12000 only. So where are rest $8000 which Richard promised us.?

The software is 100% Risk-Free! He’s lying to us

As per Richard, the software is 100% risk-free. Why they calling it risk-free? The answer is Whenever auto trader feel that trade is going to lose trend soon, they start placing a trade in the negative direction. Ohh Great! But we’re not satisfied. Let do some maths about it.

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First, tell me one thing did you know any trader who pays you 185% payout when you’re losing trend of trade? Now this is the minimum percentage which is required to recover you’re losing due to losing trade including the profit of the second trade. In this situation, you can get a maximum of 85% which is ideal, but still you left with 115% loss in your account. Busted!

Now do one thing call the broker named as Robert Brookes, just because of him Richard promises to make your rich over the night. We’re sure that you will get any Robert Brookes at the other end of the phone.

Fake GPS Trader Facebook Testimonials Exposed:

Scam trading system always comes up with fake testimonials and review. The same in the case of GSP Trader. What they actually did is showing you some fake testimonial of fake users using a widget. Now when you try to click on these testimonial you will find out that you’re not able to click on it. Now when this is the case, there is no doubt that they’re using fake testimonial, and if the system as fake testimonail, then how its can be genuine?

Interface of GPS Trader Application is not genuine

To check the GPS Trader application we created an account and guess what? The dashboard of the application was smooth and clean. Even we find no glitches and the software was working lag free. One who is trying this software can easily get fooled by the system. But a user who’re into trading business will find out in no second that this software is not working in a realistic manner. Why?

Because every broker platform has some lag. And if you adding your trading software with GSP trader system, then you will see more lag. Now this is another point which forced us to call GPS Trader a SCAM.

Our Opinion

In the end, we would like to tell you that we don’t have even single doubt that this trading software is a SCAM. We have lots of proofs to prove this statement and you have already checked all of them. So we recommend you to stay aways from this binary options trading system and look for some other option as there are lots of genuine trading software exist over the internet. You can check out reviews of some legit softwares like Copy Buffett review and BinaDroid review.

Now the decision is yours! In case you’re investing money into GPS Trader we would love to have your feedback in our comment section.

GPS Trader Scam Review

GPS Trader is a new software offering innovative ways of controlling your Forex investments. But does GPS Trader (also known as Global Investment Satellite) really give you the best trading possibilities or it is just another Forex scam?

There was not enough information to make an informed decision about this system in order to rate them as a scam or a legit one.

We recommend you to OR find a Reliable Robot to trade with form the table below:

Table of Contents

Top Forex Robots

What is GPS Trader?

In the world of online trading, reality is uncertain and insecure. Different Forex solutions are available for those people who want to try their luck with Forex trading. There are some legit and trustworthy platforms, allowing their users generate significant amount of profits. Still, the greater part of the market is literally flooded with scam auto-trading decisions, that steal people’s money and leave them with empty bank accounts.

In this particular review, the main focus is going to be pointed at one new Forex trading system – GPS Trader, created by Richard Heffner.

This is an auto-trading robot, designed to generate profit to traders dealing online bets. It is designed upon a gps technique. The creator of the platform, Mr. Heffner, tells about it in the presenting video, situated at the top of the GPS Trader’s domain. He explains to the viewers that the robot is a result of his previous professional experience as a worker in the largest GPS manufacturing company in the world. This, he has been able to gather the knowledge required in order to create an auto-trading system with very high level of success rate.

Is GPS Trader a Scam?

After a detailed investigation conducted, we can say that the end results are concerning. There is no solid ground that proofs the legit and authentic origin of this system as well as its properly working. The other disturbing fact is that the creator keeps promising over and over again that his product is 100% secure and there is practically no risk, at all. However, everyone knows that there is no such thing as 100% security, especially when it comes to trade Forex online. It is an oxymoron, actually.

How Does GPS Trader Work?

In the promotional video of the Forex trading system, it is said that this software uses Global Satellite Positioning Systems to legally and ethically beat the markets. There is also information, saying that this is the fastest software in the world, and is capable of beating even the Wall street professionals in terms of market predictions. Still, almost each new auto-trading system claims to have the fastest software, too. So, this kind of statements seems suspicious and not a reliable source of information.

The GPS Trader places trades automatically on the behalf of the users, so no former knowledge or trading experience seems to be required. The robot should be able to make the great difference between losing and winning trade, and generate a profitable outcome for the user. The amount of money, promised to be accumulated per day is set to $20 000. This is an enormous profit, and we actually are not inclined to believe to such unreasonable claims.

NOTE: FOR A BETTER ALTERNATIVE, VISIT OUR PROVEN-TO-WORK INVESTMENT PLATFORM

How Much Does GPS Trader Cost?

The creator of the Forex trading software grants free access to all new users, willing to trade with GPS Trader. However, the free spaces are limited, and also there is initial investment amount, needed so that traders to be able to operate with the robot – $250. Other from that, there is no further information about any additional fees or taxes, related to the system use.

How to Get Started with GPS Trader?

In order for each new user to start using the GPS Trader (recently released under the name Global Investment Satellite), he should follow these steps:

  • Sign Up – a personal profile creation, by filling in information about names and valid email address.
  • Download – this process provides users with their own copy of the software.
  • Trade – by enabling the autopilot mode, each trader can start his personal trading process.
  • Withdraw – a withdrawal request should be sent to the assigned broker. However, there is no specific information, explaining how exactly this process is being conducted.

Conclusion:

Our investigation team conducted a comprehensive investigation on GPS Trader to find out if this product is genuine. As a result we cannot say that there was enough evidence indicating if GPS Trader is generating high profits. We found many reasons that made us suspicious about this robot being a scam.

In order to protect traders from bad trading experience and financial loses we recommend you to

Is GPS Trader a Scam?

GPS Trader promises very high and quick results to investors. But does this stock trading app work or is GPS Trader (Global Investment Satellite) a Scam?

We have made a short review of GPS Trader and found out that they do not rate highly. As an alternative we have selected our Top Trading Apps along with detailed reviews for safe and secure trading.

Since we haven’t gathered enough information yet, we cannot confirm that GPS Trader is safe. You can OR Choose one of the Is-Scam approved and safe trading applications:

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Is GPS Trader a Scam or Not?

The latest addition to the financial industry is the GPS Trader – a trading bot, whose founder and CEO is Richard Heffner. In the introductory video we heard some very interesting things about the software and some big claims have been made. Since it is so hard to find a system these days that traders can trust, our team compiled the following review after making a thorough investigation on GPS Trader so that we can inform you whether or not its a scam.

Is GPS Trader Trustworthy?

Since the software is fairly new we cannot issue a conclusive verdict on GPS Trader’s legitimacy. But here is what we found about the software and its creator. Richard Heffner is a former system developer for a global satellite positioning company, called Garmin Limited. He has lots of years of experience in his field and approximately four years of experience in trading stocks and shares. And he makes a compelling explanation on how the software works.

This, on one hand, makes us think that GPS Trader has legitimate origin but we were unable to find enough information on Richard Heffner and the software as a whole, so we cannot confirm at this point that GPS Trader is legit. We would advise you to choose an approved trading bot for your needs and not risk it with such a fresh system.

Pricing

The software is offered for free but it has limited accessibility. We find this a little bit suspicious since a lot of scam systems create this false exclusivity about themselves to lure traders into sign up. Also, the broker they recommend is not one we think very highly of and we are not convinced of the quality of the trading experience offered by GPS Trader and the broker its compatible with. The minimum initial investment you have to make in order to be able to start trading is the usual amount. After the limited free spots run out, the GPS Trader software will cost $9,997 to set up and is going to charge $1,997 monthly administrative fee. Our team finds this a bit excessive.

How Does GPS Trader Work?

GPS Trader is a “set-and-forget” stock trading application. You download an app and when you start the assistance mode, the software is linked to the mainframe of supercomputers around the world. GPS Trader uses sophisticated satellite communication and positioning technology to monitor world’s financial markets and the changes that take place 24/7. It analyzes tons of historical data for the purpose of generating signals on which you can then place trades.

Richard Heffner claims 100% accuracy of the software. According to the creator, GPS Trader is able of generating solid results for its members every day. At least this is said in the introductory video. But on the landing page it is given another information. So which one is the truth? Either way, we find this hard to believe. Such big claims are usually made by scam trading bots, but due to the lack of enough information we can only assume that this is false as well.

How to Start With GPS Trader?

There are only three simple steps:

1. Sign Up – download the GPS Trader app and fund your trading balance after opening an account with the recommended broker. We dislike the fact that you have to download the software. That hides risks for your machine and you might be forced to pay for scheduled updates.

2. Activate The Software – this will enable the software to analyze the data and helps you to take a decision.

3. Withdraw Funds – we cannot guarantee how smooth will be the withdrawal process.

Advantages

The only advantage we found is the RCT – Rapid Counter Trade. This means that if the GPS Trader software detects even the slightest possibility of 0,002% of a trade going wrong, it will give you a single to place a counter trade to set off the effects. But this also seems like an unrealistic claim. There are trading bots that similar features and have proven to work. Our advice is for now to refrain from signing up with GPS Trader and select a tested and reliable software.

Verdict

For the safety of your investments, the smart thing is to opt for a trustworthy trading robot. We are unable to confirm with 100% certainty that GPS Trader (also known as Global Investment Satellite) is one. It is far too new to the industry to have made a more definitive impression about its legitimacy. And since we have our reasons to doubt GPS Trader and to think that it might turn out to be a scam, be patient and do not make a rash decision on your sign up.

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