The Multiplexer System is a trading software for binary options that was originally released in October 2016, and now it has been relaunched in October 2017. If you lost money using Multiplexer System, and want to know why, go read this.
New investors who didn’t fall for this scam should read the complete and honest review of the Multiplexer software.
Multiplexer Trading Software Fraud
We watched the video that Multiplexer uploaded to YouTube on October 16th 2016, we noticed the first big lie. Here is what they wrote to convince to donate your money to a scam broker:
“Get Full Access To The Software that Makes $850 Every Single Hour“
Believe it or not, you are not the only person who almost fell for the scheme.
Each day hundreds of people visit the binary options forum to complain about brokers that stole their money.
Multiplexer System Review
Like most automated trading robots, the Multiplexer is a very basic algorithm based trading system. The big problem in using a trading robot is you need to have control of your risk management, otherwise the software can place hundreds of trades on your account.
There are many systems for binary options trading, but the real ones see here, have controls like max daily trades, stop loss, and choosing which assets it trades, read more.
Scam Brokers Will Hurt You
The binary options industry is plagued with bad brokers, and online scams. Scammers in offshore locations setup on fake brokerage firms that look real and legitimate to lure you into giving them your money. The only place to trade Forex or binary options, is with a licensed and regulated broker.
Go here to see the most popular online brokers.
Remember, most brokers only make money because you lost your money to them, read more about how binary option brokers make money.
Popular Brokers
People who are interested in really trading, should go choose one of the brokers on the best brokers page.
Warning from ASIC Australia
“ASIC urges all investors considering trading in binary options to check they are dealing with an entity that holds an Australian financial services licence.”
Tell us other investors about the dodgy broker that Multiplexer connected you with in the comments below.