Insured Profits is recognized for pledging very high and fast returns to traders. However, does this Binary Option Robot hold its reputation for its promised performance? Currently, we are not able to deem Insured Profits as a safe Binary Robot. If you’re looking for more reliable alternatives, you might want to check our list of recommended trading robots.
Insured Profits – Binary Options Industry
Our team has carefully evaluated Insured Profits, and as per our investigation, there is no substantial data on this system and shows no rating in Google Trends, as you can see on the graph below. We suggest you select from our Top Binary Robots that entail detailed reviews for a safe and secure binary options trading experience.
Insured Profits Review
There is much controversy over the Insured Profits system floating around the web. The Insured Profits binary options trading software is getting a number of negative reviews as well as some positive ones. So, either we find sources tearing up the software’s reputation or praising it as the best development ever. Due to these extremities, we were curious to find out the truth for ourselves and for others on the search for an optimally performing trading bot.
Scam-rank is providing an unbiased review based on a thorough investigation done to determine the legitimacy and safety of Insured Profits’ system. Read to find out if you are insured binary profits with this software and if making millions is realistically achievable.
How Does Insured Profit Software Work?
First, Insured Profit members must download the software and connect it to their trading account. Then the software uses algorithms based on collected market statistics to help binary options traders earn high payouts from their trading strategy. The system has most likely been created by financial analysts that do have experience in the trading market. Supposedly, this system provides binary options trades that are ready for their users to copy and follow, which is some kind of secret loophole to help maximize profits. This being said, there is always room for error, but the fact that they leave no room for mistakes is a bit questionable. One of the major hesitations that question the website’s reputation is their claim that you can generate $3,700 purely in 24 hours. After almost a month of testing, we fell quite far from generating that amount in a single day, and the signals didn’t prove to be as accurate as promoted.
We cannot confirm that these high profits are not possible with the Insured Profit software, but such high claims do invite thoughts that this is just another scam geared towards recruiting trading accounts for their own greed.
Is Insured Profits a Scam?
The Insured Profits software doesn’t make false claims of guaranteeing a 100% success rate due to it probably being developed by analysts that understand finance. It is tricky to trust a software download nowadays when there are hundreds of scam auto trading robots available that are constantly marketed to traders. Before downloading, it’s highly recommended you do your research and read what other traders are saying about a specific software. We came across much negative feedback about high losses incurred with the Insured Profits system. Generally, a software requires constant updates, so if Insured Profits lags in providing updates, as traders have mentioned, then losses will increase due to outdated data.
Auto trading software are created for the purpose to reduce mistakes and losses for the binary options trader, not help him make faults. This system, unfortunately, helped our team lose profits due to a lack of notifications and inaccurate signal indications. In our experience, this software did not make us millions nor was it a smooth experience.
Do not opt for just any software providing a trading bot, especially one that needs downloading and has an unproven track record of results. Choose a safe software for your computer, as well as for your investment. There are safe trading software out there that can strongly assist you in your trading strategy, which we’ve compiled and collected in a special list.
Insured Profits is Shady Business
The Insured Profits creators provide questionable tactics about binary options trading, which can actually confuse interested traders. There are many binary options traders that are stating that the Insured Profits system doesn’t, in fact, make sense. Insured Profits claims that they insure your bets. For instance, you can win the full $20 when you win, and you only lose $2 when you lose. How comprehensible is this tactic? Our team had the same bewilderment because it really doesn’t make sense; likewise, many traders are downing this system due to their losses. This system doesn’t fully explain how they made such profit/loss calculations, which is why we reason it to be another robot scam.
If you are still interested in testing the system yourself, you can open a demo account before making any official investments. It’s highly suggested you proceed with a more trustworthy robot that has a method much more understandable about generating profits and that doesn’t promise millions from day one.
The Final Verdict
After a thorough examination, we have concluded that this Binary Robot may not be 100% safe and secure for interested traders. Overall, this auto-trading system provides misrepresentation, and profits are not optimal. Until we are provided positive feedback from traders, we cannot fully confirm this software is suitable as a Binary Robot. We Advise You to Carry on Securely and Avoid Dishonest Systems by Choosing a High Rated and Trusted Robot.