Bot Plus 365 is a new algorithm robot for trading binary options automatically. The Bot Plus 365 was originally launched in Italian and has now been translated into English.
The problem with this software is that it is used by many fraud brokers and it goes by many names. You can look at the review of Mobile Binary Code, and you will see that this is the exact same product!
WARNING: You can be smart and see how they will steal your money, just read this.
If you want to see a real auto trading software, then look here.
Bot Plus 365 Scam
When we watched the video at the Bot Plus 365 website, we see that they are really trying hard to convince us that we will make a million dollars using their product.
However, we saw some big red flags when we reviewed the actual Bot Plus 365 trading software.
- When we signed up in Canada, they created an account for us at a scam broker called Ivory Option.
- There was no contact information on their website.
- The videos we made last week on August 19th.
If you want to see what real a broker looks like, then look at the best brokers page.
Bot Plus 365 Review
After you have signed up to Bot Plus 365, and they take you to the next page with the trading software here is what you see.
That is right, it is the same software we have seen from hundreds of other get rich quick websites.
It is not actually based on an algorithm, it is based on a monkey sitting there flipping coins!
What do we look for when choosing an trading software?
- Ability to choose a licensed and regulated broker.
- The option to set the max trades per day.
- The software should let us control the daily loss limits.
- We want to know what the algorithm is based on.
The Bot Plus 365 is way too basic of a binary options robot for us, since all you can control is to either activate it or deactivate it.
Fake Binary Options Brokers
The Scam Broker website is dedicated to reviewing and finding legitimate binary options brokers. We have reviewed over 200 brokers in the past few years and found 90% of them to be unlicensed frauds.
Many scam brokers have a UK phone number and a corporate address in the United Kingdom, But when you do a Google Maps search, you we see it is just a post office box. The real addres of the broker is usually in the Marshall Islands or Bulgaria.
So before you lose your money, read this: Why Trading Only Use Licensed Brokers.
Bot Plus 365 Conclusion
Real investors that are interested in trading without any automated system, should find a real broker on the best brokers page.
“ASIC urges all investors considering trading in binary options to check they are dealing with an entity that holds an Australian financial services licence or is authorised by an Australian financial services licensee and regulated by ASIC.”
Share Your Experience: Tell other readers how much money you lost using the Bot Plus 365 software, in the comments section below.