Sowelstace Financial is a new binary options auto trading software that opened on January 1st 2017. It didn’t take us more than three minutes to see that Sowelstace Financial is just a new name for the software Royce Code which we reviewed last month.
Get ready for a brutally honest review of this software, and please read the entire review so you don’t lose your hard earned money to a binary options scam.
Warning! You can read all the details on how the scam works, look here.
If you just want to see the best auto-trading robots, look at these.
Sowelstace Financial Review
As we mentioned, the review of Sowelstace Financial trading software lasted about three minutes. We quickly noticed that it is the exact same product as the Royce Code. If you would compare Sowelstace with a real trading software, then you would notice a very important feature which is lacking here, and that is broker selection.
When a real binary options investor compares auto trading robots, there are only a few things they need to look for. The trader will check to see if the software lets you select a trading strategy, reverse trade bad signals, and select which currency pairs the software can trade.
Look at the screenshot below of a this minimalist robot, with a bunch of colors.
Sowelstace False Promises
The big bold letters that made you think about using Sowelstace Financial cannot possibly be true;
“Join 137 Lucky Traders Already Making $1,500 per day!”
The actor in the video tells the lady that he guarantees she will make money. We wish her the best of luck in trying to hunt him down. You should also try to email them about the guarantee and see if they reply.
After you sign up for the software, it is almost impossible to find a way back in. Their is no login button on the home page, and you need to go here: http://system.sowelstacefinancial.com/ to access your account.
Sowelstace Unlicensed Brokers
If you deposit your money at an unlicensed binary options broker then the chance of ever seeing it again is slim to none. There is currently so much fraud happening with fake binary option brokers, and you can read peoples complaints in the binary options forum.
The Scam Broker Investigator has reviewed over 300 binary option brokers since 2013, and found more than 90% of them to be fake. The real brokers are licensed and listed here.
When we tested the Sowelstace software, they connected us with an unlicensed broker, which is a big red flag!
We have found a few binary robots that real day traders and investors like to use because of their functionality and your ability to choose a licensed broker, see here.
Australia ASIC Warning
“ASIC urges all investors considering trading in binary options to check they are dealing with an entity that holds an Australian financial services licence.”