Trade X Confidential Scam Review. Before opening that Trade X Confidential email you just found, please read our in depth review exposing this fraud for what it is, a big fat scam! Don’t let yourself be fooled. In this review we give plenty of evidence that Trade X Confidential is a scam and a sick trick, and you will lose all of your investment!
Paul Reed is the name of the CEO behind Trade X Confidential. He tells us about how he used to be a broke music major with nothing to live for, until he made his own trading robot. He claims that his trading robot takes trades based off of which companies are about to shoot to the top of the stock market. Paul Reed talks about buying stocks when a company is about to make a huge profit. This all sounds really good, but Paul Reed and Trade X Confidential seems to forget that we aren’t trading in the stock market, we are trading in binary options. Two very different sides of the same coin. In binary options, you aren’t buying and selling stocks. You are simply placing a bet on whether a price action will close higher or lower than a particular number at the end of a certain time. This is incredibly different than buying and selling stocks for a profit. If you want to buy and sell, we suggest you check out Forex, which is actually our preferred trading method!
It’s clear to us that Trade X Confidential is pulling the wool over new traders eyes by throwing around a bunch of stock market lingo in the hopes that nobody really knows what they are talking about. This will work for some newbies but it doesn’t work for seasoned traders. Within a few minutes into the promotional video, they are already weaving a huge lie. Binary Options has nothing to do with buying and selling stocks, not at it’s basic level. That aside, we took a look at “Paul Reed” and found out that he is also a fake, just like his incompetent software, Trade X Confidential. He is simply an actor reading a bunch of lines off a script. He’d probably never even heard of binary options until 5 minutes before someone handed him his script.
If you scroll down the Trade X Confidential page, you’ll notice two fake quote from CNN and NBC. Neither of these news groups have ever said anything about Trade X Confidential, so don’t be fooled. Anyone can put together fake quotes these days, and they should never be trusted unless you can verify them. Almost every scam we encounter these days always includes fake quotes from news groups. They must really work, which makes us really mad. It’s maddening to see how these scammers continuously take advantage of new traders and people with limited exposure to scam techniques.
Trade X Confidential claims you can score hundreds of thousands of dollars a month buy following his trades. This is bogus and has no basis in reality. Unfortunately this type of claim works, because most new traders really want a fast and easy push right to the top. Binary trading is tricky and really requires a lot of work, unless you can find a good trader to copy! That’s why we prefer to stick to Social Trading with Tradeo. We haven’t found a better system yet, and we have tried just about everything. With our busy schedules, we need something that is hands free but still allows us to really customize it. Check our review out here where we explain it. We’ve also received several emails with good feedback from Copy Buffet, so if you want to check that out, click HERE!
Trade X Confidential has everything you’d expect to see from a scam. Actors, fake promises, fake quotes, and flat out distortions of truth. Keep in mind, that Trade X Confidential is literally trying to confuse you between buying and selling stocks and placing bets on price action. The are making money off your confusion and lack of education! Don’t let them!
Be sure to check out our review of the newest legitimate auto trading service, BinaDroid!
Conclusion: Trade X Confidential is a SCAM!
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