Robot Review FinTecBot

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Robot Review: FinTecBot

Summary: This Bot is not original, nor does it offer up any real potential.

Today I’m looking at an automated binary options software that claims to be innovative and simple to use, FinTecBot. According to the sales page, traders simply have to create a free account, deposit with a broker and then start the auto trading. As simple as this sounds, there have been thousands of trading strategies like these that have failed to produce consistent results. Due to this, it’s important that we review every element of the sales page and point out any flaws or misconceptions that may arise during this process.

The offices for the software are located at 835 E. Lamar Blvd. #263 Arlington, TX 76011. This is somewhat odd because the software does not allow traders from North America to register. The developers are RagingBull.com LLC, which looks to be a stock trading service. To contact support, you can use their contact form, there is no direct email address.

For more reviews, and better rated systems go here.

FinTecBot Review

The first impressions on the FinTecBot is that it’s just like any other automated binary options software I’ve reviewed in the past three years. There is very little information provided, the results section is inadequate and the testimonials are increasingly difficult to believe. So where do we go from here? Well, the review needs to be written, but it’s hard to believe that the developers are going to be able to sway me from this first impression.

There are six “incredible benefits” the development team is pushing forward.

  • 100% automated trading, even when you are not online.
  • 24/7 support.
  • No download required.
  • Safe and secure with multiple brokers.
  • Easy to use settings.
  • Free signals from Pro traders.

This is normal, we see these type of bullet points frequently in the binary options marketplace. It sounds well and good, but it doesn’t mean that the software actually works.

The Robot

The developers tell us that the FinTecBot is using a “patent pending trigger technology” that has “eliminated the issue of latency typically associated with auto trading binary products in the marketplace.” This is lazy marketing. If you look at any auto trading system released in the past 6 months, you will notice that every single one of them claims that they are either reducing or eliminating latency. They are trying to tell us that their trading platform is faster than every other auto trader in the market, and that’s the main difference.

That’s not the problem with auto traders.

The problem with binary options auto trading systems is that they don’t have actual trading strategies. These trading systems have no trade logic and that’s why none of the sales pages ever tell us about their trade logic. Instead, they just tell us that it’s fast, but that’s not enough.

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The Results

The results section is very underwhelming. The more I look at it, the more I feel like it’s just a script the changes the date and shows us a bunch of random trades that weren’t even generated by the software.

Conclusion

The FinTecBot is offering nothing unique to the binary options marketplace. They do not prove to me that they have any real trading knowledge or that this trading system utilizes some sort of trade logic to generate opportunities.

Please let me know what you think about this software, and whether or not it should be trusted by the Binary Today community.

Is FinTecBot a Scam?

FinTecBot promises very high and quick profits to traders. But does this Forex Robot really work or is it a Scam?

Comments are closed.

DISCLAIMER: All Information such as Winning Ratios, Results and Testimonials are to be regarded as simulated or hypothetical. All the information on this website is not intended to produce nor guarantee future results. There’s no guarantee of specific results and the results can vary.
RISK DISCLAIMER: Trading Binary Options is highly speculative, carries a level of risk and may not be suitable for all investors. You may lose some or all of your invested capital; therefore, you should not speculate with capital that you cannot afford to lose. You may need to seek 3rd party financial advice before engaging in binary option trading.

TBBOB

Fighting online scams since 2020

SCAM ROBOT: FinTecBot review

This review proves that FinTecBot is a binary options scam designed to make you lose money.

FinTecBot is a binary options trading robot that can trade for you even when you are not online. It generates trading signals that are then automatically executed on your account.

The robot is of course supposed to make you money, which is suggested by its presentation. And FinTecBot is free, so can you make money for free?

Table of Contents

FinTecBot scam

Unfortunately FinTecBot is just another scam that abuses binary options to make you lose money.

This robot is absolutely not unique, we have seen it many times in action with different scams, like Option Robot, Trade Bot Plus or TBO Trading. Look at the picture and you will see that all these scams use exactly the same software. Only colors and logo change.

The most dangerous aspect of this trading software is the fake demo. Yes, FinTecBot uses a demo that fakes results, so it generates profits that would not happen in real trading.

People who don’t see through this trick, will probably think that the robot is really profitable. So they will then let it trade with their money, but because real trading results cannot be faked, they will lose their money.

Fake testimonials

Another proof that FinTecBot is a scam is in testimonials. Look at the picture and you will see that these reviews are fictitious.

These same reviews have been used by the CFD Society scam. Photos are stolen from all over the internet and the stories have nothing to do with reality.

The truth

So how does FinTecBot really work? It is designed to make you deposit money with a selected broker, because people who run this scam are getting paid by this broker for referring new depositors. As simple as that.

So to convince you to deposit through their software with their broker, they use this fake demo with fake profits. Now you know that if you deposit and let FinTecBot trade with your money, you will lose it.

Conclusion

FinTecBot is a total scam that can only lose your money. Testing results are fake, in reality it is not profitable!

To make money in trading, you need a profitable strategy. You can try and build one on a free demo account.

Until you have this profitable strategy, it makes no sense to trade with real money.

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