Compound Trader was an old trading robot for binary options, which opened in July 2016. Compound Trader was formerly called Globe Traders, but it wasn’t popular so they decided to change the name. If you are new to binary options, then you will surely want to compare this product with the most popular trading robots available today, see here.
If you already lost your money using the Compound Trader software, you should read about using a licensed binary options broker here.
Compound Trader Scam
Although the man you watched in the video sounded very convincing about the quality of the software, you will not actually make money with the Compound Trader.
When reviewing a trading app here are the red flags we look for. In bold letters across the top of the page they wrote:
Compound Trader will generate $770 per hour trading on Auto Pilot Free today in the United Kingdom.
That statement cannot be true, because if you deposit $250, you will need the system to have 100% accuracy on 11 trades, each with a trade size of $100 for you to profit $770.
Most automated trading robots are nothing more that a glorified coin flipper. The software will just randomly place trades on your account. As you can see on the setting page, you have practically no control of the software.
The historical trades that they show on their home page, and totally fictitious. The binary option brokers do no have Cobalt & Manganese available for trading, yet the Compound Trader shows that they made trades on those assets.
Fake Brokers
You must read the article: Why people use licensed brokers, and then you will understand why you will never see your money again.
When you use an automated trading software, the most important component is the broker it chooses for you. Your money is not deposited at Compound Trader, it is deposited at a binary options broker! When you want to take out your profits, you will need to contact the actual broker. If you are trading with a broker who does not allow automated trading as part of their terms and conditions, then any money you think you have made will be forfeited and not returned to you. They will just closed your account for violations of the terms and conditions.
You can read all the complaints we receive from traders each day, read this.
Most Popular Trading Software
As we keep saying, if you want to trading binary options, then look for a locally licensed and regulated broker, see here.