Mobile Binary Code from MBC Capital, is an automated trading system that goes by many different names. You can read all about the binary options scam and the various names it goes by here.
If you already lost your money using the Mobile Binary Code, and what to know how to get it back, the simple answer is that you cannot.
We have no idea who owns the software or where they are located. Your money is actually located at some binary options broker, who is probably based in an offshore location.
Mobile Binary Code Brokers
You should first look at The Best Brokers page which we updated yesterday see here.
Although the guy in the video told you that they work with only honest and reputable brokers, when we signed up for MBC, they gave us an account at Morton Finance.
The problem we have with a trading account at a broker like Morton Finance is two fold.
- They do not allow automated trading according to their terms and conditions page.
- They are not licensed by the CFTC, and officially do not accept American traders. They had no problem accepting deposits, but when it comes to withdrawing money, it is a problem.
You must understand that the “Mobile Binary Code” is simply a trading system that connects to a binary options broker. They make all kinds of promises about how much money you will make, but those claims are false.
Smart investors will always work directly with a licensed and regulated broker see here.
Mobile Binary Code Review
As we mentioned above, the software used by MBC has been used before under no less than 25 other names. You can see it at Regal Wealth and Quantum Code, just to name a few.
As you can see in the screenshot below, it is a blind trading system in which you the investor has zero control. You cannot adjust any of the setting, and it is very much like playing a slot machine on auto-spin!
Look at a proper automated trading software, and then you will see the many configurable options they come with.
For example; maximum daily trades, stop loss controls, signal types and asset selection read more here.
Professional Trading Software
Serious traders that want to trade binary options the real way, should choose a licensed broker from the best brokers page.
Please tell us which scam broker the Mobile Binary Code said you should use.