Social Tech Trader Scam Review. In the last few days, Social Tech Trader has been making the a ton of commotion. We received several emails from our readers asking us about it. Please read this full and honest review to see what we really think about Social Tech Trader and how our evidence left us scratching our heads. Is Social Tech Trader a scam or is it legit? Find out below!
Is Social Tech Trader a Scam or Legit?
Social Tech Trader is a new binary options auto trader that actually looks really nice. We were surprised by the look of their site and there clean video, free from fake actors. Our surprise didn’t last as long as we hoped, but over all the website and the offer does sound better than most scams we see typically crushing the market! Social Tech Trader is a pretty simple offer with no crazy back story. The offer is pretty straightforward. They developed an algorithm that predicts the price action of trades within a 90% accuracy. Hold on to your wallets, don’t get too excited! We think a 90% accuracy rate is totally outrageous.
90% ITM is really impossible in the binary options industry. Even some of the best traders we’ve traded with were only making 86% on a good day, and even that is not always consistent. In binary options you have to remember that you’ll have good days and bad days. So let’s say that the Social Tech Trader does hit 90% ITM on some days. They will also have really bad days too, so you have to realize that trading is long term. It’s not a daily profit, because you won’t always be in a profit situation every day. Sometimes trading is like taking two steps forward and one step back.
Is Social Tech Trader a Scam?
Social Tech Trader claims you can make close to $1000 a day with their system. We say that’s a little hefty to take seriously. We advise people to lower their expectations when trading with binary options. Even making an extra $100 a day or $300 a week can be really nice for most people. Don’t think in terms of being a millionaire! Think lower and you can actually achieve it. Even earning an extra $500 a week is really life changing for a lot of people, and helps pay the bills!
We took a look at the testimonials on the Social Tech Trader website and found that all of the pictures were stolen off the internet. This is the sign of dirty rotten scammers!!
The blonde woman from the top photo is pictured here as a shutterstock photo!
A cute looking couple from the Social Tech Trader video is a picture we found being used on multiple other websites.
Take a look below and you’ll see this cute couple all over the internet!
Conclusion: Social Tech Trader is a SCAM!!!
We have been having great success with Social Trading with Tradeo and we are looking forward to My Paying Ads opening up again very soon! Thanks for reading and remember to read our tips for new traders as well! Please comment or send us a message!