Hello there and welcome along to our unbiased, full review of this sophisticated, impressive looking scam. If you are in any way, shape or form considering investing a single penny into this devious software, make sure you read this first. We fear that because of the sleek look of the site and what appears, to be honest information (particularly the free demo account, which we will come onto) people will be tricked into depositing money into it.
If you know of anyone also looking to invest into it, please be sure to point them in the direction of our review. It could save them a lot of money and heartache!
Official website: xpertsignals.com
Unlike other scams that are always popping up, this is supposedly a signals service and not a trading robot, which could lead people into believing that it is legitimate, as instead of a trading app automatically trading for you, there are real life traders trading, and you are sent these same signals. Sounds good, right? Wrong. Not on any part of the site do we see or even read who these traders are. For that matter, we do not even know who is behind the company.
At least with most of the other scams they come up with a fictitious owner/inventor, that’s played by an actor, but with Xpertsignals, there is nothing to tell us who these people are, which is just as bad! The number one thing to look out for in any of these systems is whether there is any transparency in the owners and for Xpertsignals, there is nothing to find.
As I mentioned above, this is a different look to almost every other scam out there, so for that, they deserve some credit, but this is also what makes it so much more dangerous.
They tell us that they have a success rate of 75% to 85% and do not try to convince us that they will win every trade. As well as this they don’t mention figures. A common selling technique is to tell promise people that they will make ‘X’ amount a day. So again, this is another way they have made themselves more convincing. A 75% to 85% success rate is still very high and almost unachievable, but the language they use to convince people to use the service is good.
This is another devious trick. You see, by offering a free $10k demo account they are saying that they are so confident that their software will be successful that they will offer you an account to practice on. Now, that is all well and good and highly recommended to new, inexperienced traders, but what they don’t tell you is that the demo account is rigged. Whatever strategy or theirs you use on the demo, they make sure that the account makes money. They lull you into a false sense of security, thinking that this trading business is easy! Well, guess what, it’s not, or everyone would be doing it. As soon as you open a live account, the easy money you were making in the demo account stops and your money slowly drains away.
Not only that, but when you do open a real account you only get a small amount of brokers to choose from and if you already have an account with one of them you have to use another. What they’re doing here is making sure that you are depositing at least $250. That way they and the broker (they are always working together) are both getting their piece of your hard earned money.
As you have already worked out by now we are issuing a huge scam warning here for Xpertsignals scam.
This is a very dangerous and well thought out scam, which we fear will convince people that it is an honest system that will help them make money in the Binary options market. Nothing could be further than the truth and this is no better than any other scam out there, just presented differently and worryingly more convincing!
Final Verdict: Xpertsignals is a Scam!