Binary Boom Review

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Binary Boom Review

Binary Boom is one of the newest automatic binary option robots on the market. In this review I go through all the essential feature of this binary robot and tell you if you can make money with it. In addition, I go through the following things:

  • What exactly is Binary Boom and how it works
  • Main features of the software
  • How it differs from other binary option robots
  • Can you make money with it
  • Is it a scam or trustworthy

What Is Binary Boom

In recent years, binary options investors has got a number of excellent fully automatic robots such as the real robot and binary hedge fund for their use. Those robots are great help for reducing your workload and the beginner is able to easily avoid the most common mistakes which novice traders tend to collapse.

Binary Boom to try to get into this exclusive group with is set of automatic signal system. It produces signals for 60 seconds binary trades which the investor will be able to choose the most meaningful and profitable, and thus save a significant amount of their own time. To be useful, the signals have to be profitable, so in this article I try concentrate on whether Binary Boom is able to give you useful signals or not.

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Binary Boom Review | Is this binary software great money making machine or a scam? Read this full investigation report and find out the truth.

How to Make Money with Binary Option Robot

Top Binary Option Robots in Russia

Claim your free binary option robot, get started with three easy steps:

  • Name of Robot
  • Min. Investment
  • Min. Deposit
  • Rating
  • 1. Your Binary Option Robot will analyse the market and decide, which asset (currencies, indices, commodities and stocks), is right to trade at that point in time.

    2. The Binary Option Robot Will Predict the Price Movement

    Your robot will assess a wide-range of factors, and then make a prediction on how the assets price will move, saying: Call (up) if it believes the price will rise and Put (down), if it believes the price will fall.

    3. Decide on how much you want to Invest

    Then you need to decide how much you want to invest in the commodity and when that investment will expire.

    4. Collect your Earnings

    Finally, you collect your earnings (the good part!)

    Main Features Of The Software

    When you arrive to the website for the first time, a video starts rolling where a person who presents himself as Dennis Anker tell you that you can earn sums which you have not even dreamed before. Secret to these earnings, according to Dennis, is Binary Boom. After this short introduction it is time for testimonials:

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    • Binarium
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      Best Binary Options Broker 2020!
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      Free Demo Account!
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    • Binomo
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      2 place in the ranking!

    This guy claims that he has made a fortune with Binary Boom. Other testimonial. this guy thanks Dennis Anker and Binary Boom for his success

    I must say that these testimonials are very convincing, whether or not they are real, I can not say 100% sure. But what makes these testimonials different from some other software testimonials is that these people are not claiming that they have earned millions in a few months with Binary Boom, they are only thanking Dennis Anker for developing it. This definitely give some credibility for the software, exaggerated promises and false claims are so common in binary options world nowadays, that this almost feels like breath of a fresh air.

    This software also has several other interesting features, next I’ll tell about those a little more in detail.

    • It is compatible with many trusted broker sites. This is always s great sign. Binary Boom is fully compatible with trusted broker sites such as Banc de Binary and Option FM, which are among the most reputable operators on the market. This should make almost 100% sure that won’t get blatantly scammed by the software developers, big broker sites would not risk their reputation by doing this.


    Binary Boom is is fully compatible with Banc de Binary trading platform

    • Possibility to check past trades and live trading history. That you will be able to check the trading history and take a look at the ongoing trades is extremely important and a good feature, it allows you to check the software profitability and also to study binary option trading for yourself. Several binary robots have decided to leave the history and mechanisms secret for fear of revealing too much of the software. With Binary Boom this is not the case, so I recommend using this feature when it is possible.

    You are able to check trading history easily

    • Not fully automated trading software, but signal provider. Binary Boom is not fully automated software, you actually have to set every trade on for yourself. It provides trading signals which you can choose to use or not. It actually was fully automated before, but amount of trades it provided was so huge that it was a little bit too much for most traders. If you wanna use fully automated trader, I recommend trying binary option robot or binary hedge fund and reading following articles:
    1. Best binary Options Robots (Best fully automated binary robots, earning money in a ways you never thought is possible!)
    2. Binary Option Robot Review ( Complete review, I will also tech how to spot scam robots)
    3. Binary Hedge Fund ( Invest like a billionaire with this free hedge fund software)
    • It is completely free. This might be the most important reason to try this robot, if it is free what you can really lose? If you are already investing in binary options, you should try every available tool which can improve your earnings, there is some untrustworthy robots on the market, but most software developers have at least good intention, if the software is not profitable later it might be in the future. So even if you don’t wanna use it in your investments, you should still register it, if you get it for free. Other good robots that are available for free are for example the following:
    1. Copyop Review ( Earn money by copying the best traders)
    2. Mike’s Auto Trader ( Developed by binary options guru Michael Freeman)
    3. Binary Stealth Review ( One of the best signal indicators on the market)
    4. Option Bot 2.0 Review ( Excellent accurate binary robot)

    Binary Boom is available for free, this might be the biggest reason to register, even if you don’t plan to use it immeadiately

    • It provides you huge amount of trading signals. What make binary boom different to most binary robots is the huge amount of trading signals it provides. You will get hundreds of signals each day, only thing you have to do is choose which one you want to use. Because of huge volume, trading amount is much smaller what some of the other robots use.Binary Boom uses $10 default amount, but if you want you can switch is bigger easily, but I recommend starting with smaller amount and only increasing investment amount if you are 100% sure that possible losses will not affect your future investments. Variance can be huge in high volume trades like this, it is not unusual that you lose or win $500 a day with $10 investment amount.

    Can You Make Money With Binary Boom

    You definitely can make money with the software, but the big question is how much? You expectations should not be unrealistic, this robot is not gonna make you millionaire overnight. If you have some prior knowledge about binary options, it will certainly help you to pick the best signals among the ones that the software provides. I think that in realistically this software is a little bit worse than best robots which I mentioned earlier, so potential earnings you will get with Binary Boom goes somewhere between $10 to $200-$300 a day.

    Is Binary Boom a Scam?

    I have not personally been able to test this software, the reason why is very simple, I already have an account for every broker site to which this software is compatible with, so I have not had a chance to register. Instead, many of my friends are using Binary Boom, and I’ve heard only positive things about it. Nobody has got thousands of dollars a day income, which developers advertised for, but for many yields have risen to several hundred dollars a day. This is certainly connected to their previous knowledge an using the best signals.

    But, since I do myself no experience with this software I can not say 100% for sure that it is not a scam, but I can say, that all the factors that i have seen, strongly suggest that the software is honest and quite profitable.

    Binary Boom ongoing trades

    Conclusion

    Unfortunately I have not got a chance to personally test this software, but with many positive reviews from reliable sources, I can still say that it is worth trying. You get the best result when you also you other recommended binary robots at the same time and study binary options investing. Get Binary Boom for free by clicking the button below:

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    7 Binary Options

    Every week it seems are we are being bombarded by ads for binary options automated trading systems. There are so many, how do we know which ones are reliable? Will we earn a profit or lose our money?

    The best way to find out about a system is not to invest money in it and hope for the best. The best way to get an idea about the reality of trading software is to read up on reviews and critique of the system.

    Binary Boom is one such trading system that claims it runs completely on autopilot and can earn traders upwards of thousands of dollars in just days. In our Binary Boom review, we will take a look at this trading bot to see whether or not it can be trusted with your money.

    Basic information:

    Cost: Free
    Software: 100% Automated
    Max Returns: Up to 90%
    Minimum Deposit: $200
    Countries: All nations

    ● User friendly system
    ● Promises 60 signals per day

    ● Lack of unbiased reviews
    ● No company information provided on website
    ● Lack of response from customer support
    ● You are forced to sign with one of their brokers

    7BO Verdict:

    Not Reliable Service

    What is Binary Boom?

    Binary Boom is a binary options trading system which can be set up to trade automatically if you so desire. Apparently, the system guarantees traders a total of 60 signals a day. They can either determine which signals they wish to trade on or set the system to place the trades for them. The creator of the system Dennis Anker claims that even a novice trader can earn thousands of dollars with Binary Boom in just a few days.

    There is no information provided in the sales video or on Binary Boom home page to suggest as to how they generate these signals or analyze their trading data. There is also no licensing information for Binary Boom, nor contact information. There is also lack of sufficient evidence that anyone has actually earned a decent profit with this system.

    How does it work?

    Similar to other trading sites, you must open an account with a broker that is recommended by the system and then make a deposit of at least $250 before you gain full access to the trading software application. If you earn anything with Binary Boom trading software, you may then initiate the withdrawal process to get your money. During our Binary Boom review, we discovered that their withdrawal process is very time-consuming. Also, we had a difficult time determining if any of their brokers are actually regulated by a governing system such as CySec. We find the lack of information available about Binary Boom to be disconcerting.

    Screenshot

    Final Conclusion: Is Binary Boom a Scam?

    While we cannot say for certain at this moment that Binary Boom is an outright fraud trying to steal your money, we do not trust the validity of this system. Until we see more positive reviews stating that traders have actually earned a profit trading with this system, we cannot stand behind Binary Boom. We distrust their lack of information regarding their company and how their system actually operates. We feel that you would be better off trading with a system that has proven results of actual profits from unbiased traders who have actually used the system.

    BinarySoftware.orgHonest Software and Broker Reviews

    Binary Boom Review

    Binary options trading have been around for some time. In fact, they have evolved from manual trading platforms to what we have now which are automated trades. This is a growth industry and we have new binary options robots coming up every now and then. One thing is clear though is that there are some bad boys in the market. These are the scammers who craft a fancy product to help you make money with binary options only to scam you off your whole investment. This is the reason why you should do your due diligence and make an informed decision when it comes to the automated binary option you will want to select as your investment vehicle.

    Examining Binary Boom

    This software promotes itself as a breath of fresh air in the binary options markets. The software operates by providing signals for binary trades that have expiry times of 60 seconds. Here the trader chooses the trade that seems most profitable and trades it as it is. Binary Boom advertises profitable trades that hit at least 82% all the time.

    For somebody who has never tried binary options trading, and who is not familiar with the practice will think that an 82% accuracy is great. The uncomfortable truth is that it is impossible to hit such high accuracy levels, even for professionals with many years on the job. While it looks like acceptable practice with binary options robots these days to give unattainable results, it is prudent to take all these promises with a pinch of salt.

    Landing on their website will introduce you to a video of a person who introduces himself as Denis Anker. He will tell you a familiar story if you have looked at a few binary robots; that you will be making huge amounts of money in no time. At least, he does not promise millions after just a few months of trading just two hours a day.

    Denis Anker is more likely a scammer than an investment expert

    The software

    The promotional video explains that the narrator has found a way to make correct predictions for 60 second trades. He says that his software is so sophisticated that it has detected that there times of the day when the values of certain assets follow a constant trend. He will give you these signals and you can work with them while renewing the trades according to the trend of that particular time.

    The video brings numerous people all thanking Denis for developing the product that has changed their lives. This is a clever video. It does not bring people to say how they made millions within a short time of trading, but the ones who come all claim that the product changed their lives for the better.

    Here are some of the features that you will find with this software:

    • One good thing about this software is that it is compatible with broker sites that most players find to be trustworthy. These include Option FM and Banc de Binary which are in the good books of many traders for years now. This is an indication that they want to be seen as serious players by making their site compatible with the best brokers. What is not clear is the total number of brokers who will find this software compatible to theirs. This is where scammers come in targeting the newbies and more experienced traders who are not comfortable where they are trading and would think of jumping ship.
    • With Binary Boom, you will have the opportunity to view the current trades from their website. You can also look at the software’s history of live trading. This is a good feature especially if you want to see how binary options trades move and also check at the profitability of a software. This feature has been kept secret by many binary robots who think that they would be exposing the operations of their software too much. Big problem here is, that I could not confirm if these signals are real or fake, meaning that there is possibility that you can not even use those.
    • Binary Boom is not 100% automated. Despite the reference of the software as a binary robot, not everything is automated. You, the trader will have some responsibilities as well; you have to personally do each trade. This is unlike other software where you just make your deposit and sit back. Here the software provides the signals and it is up to you to decide whether they are any good or not. This is not the right binary options robot for you if you were searching for a fully automated system
    • Binary Boom is another of the so called ‘free’ software. You will be able to download it for free on your computer. A good look at the website and the software can reveal that a good amount of work has been put in to make it what it is now. It then becomes suspicious that it is being offered for free. In such cases, there is usually a catch somewhere because they must get the money to maintain the software and update it from time to time.
    • Binary Boom has its fans because among other things, it provides lots of signals to traders. It will easily rank as one of the highest providers of trading signals in the market today. Each day you will have to sift through hundreds of signals and you decide yourself which one to trade and which ones to skip. The trouble here is that if you are not very conversant with binary options trading, you might skip good calls and trade losing ones.
    • The company boasts of at least 7,000 traders. This is unlike others that claim that they need a specific number and if you don’t sign up immediately, you will lose out big time. Whether this number is true is not something you can easily verify, but you can be sure that such figures are always tweaked to look good on paper for the gullible trader to swallow and sign up.

    Binary Boom have live trading signal feed on their website. But I was unable to confirm whether these signals are even real signals. So my recommendation is that you stay away of this software

    The promises

    Like most binary options robots that come ‘free’, Binary Boom is not left behind when it comes to making good promises. Whether they deliver on those promises is another story altogether. Here are some of the promises this software comes with:

    • Binary Boom promises an 80% rate on correct signals, or the signals that earn you a profit. That translates to 8 profitable trades in every ten you play. This is really good if true. The problem is that this is not true. If it were, there would be nobody losing money and quitting Binary Boom; the traders would stay there forever.
    • The site claims that on average, traders at Binary Boom make about $17,000 a week. This would translate to nearly $800,000 a year. There are very few traders who make this kind of money. Probably the brokers and affiliates of Binary Boom get to these numbers but not traders. The reality is that most traders will make a lot less than that, but the info must be sweetened to lure you in.
    • The trades you see on the websites are true and ongoing as the site claims. The problem with such claims is that traders have been lied to so many times by so many program developers that it is difficult to trust such figures these days.

    Customer support

    Binary Boom claims that it provides total and constant customer support. There are buttons for live chat and an online questions form. There are also telephone numbers and an email address to sort out customer queries. The report from traders is mixed. Some claim the support is satisfactory while you will find others who claim that the support is wanting. You as a potential trader will decide whether to go for traders who are really supportive or those who are supportive sometimes.

    Red flags

    Binary Boom software looks like the fresh air that is so badly needed in the binary options marketplace. Looks can be deceiving. There are a few things that will make you stop and think if this is the software you really need. Here are some of the red flags you will see:

    • The claims of traders making an average of $17,000 per week seems too good to be true. You should try to avoid making your decision to sign up for this reason alone. Such figures are bandied about to make the software seem more attractive to you than it really is.
    • The fact that it is not fully automated and you have to be involved in the setting of all your trades is discouraging to traders who are looking for fully automated trades. This is especially so with beginners who in this case will have to decide what trades to play and which ones to skip.
    • Binary Boom’s choice of 60 second trades as their only preferred trades will restrict you if you are the adventurous type who tries to try different things at different times. You will have to look for another robot if you need to make trades with expiries that are longer that 60 seconds.
    • This software does not look very friendly for beginners who are trying binary options for the first time. This is a disadvantage because as a beginner you will need good guidance for your first few weeks to avoid losing all your investments. There is scant information on training for new traders. Most of the videos are more on promoting the software than demos.
    • It is very difficult to post a negative comment on most reviewers’ websites. These are usually affiliates who earn money when traders register through their websites and they would rather keep negative comments hidden away lest they turn away ready business. What they do is block anything negative and allow only those comments that shower praises on Binary Boom.
    • There are complaints about the lack of ease in accessing your funds after you have trading for some time. Withdrawals should always be smooth and devoid of any delays for any reason. Once you start to hear of people experiencing some unwanted issues in transferring their profits or deposits, be careful.

    I was able to confirm that Binary Boom uses actors in its testimonials. This is huge red flag and another reason for you to stay away from this software.

    Conclusion

    This software promises so much to be everything other binary robots are not. A good study of their program and website reveal that they have not made a good job of that promise. Other than sticking to the 60 second trades which would put off a good number of traders anyway, the program looks like a clone of many others promising so much and delivering little. Listening to the promotional videos, you will think you have finally gotten to the software you have always been searching for. Dig deeper and you will find nothing much beyond the ordinary that you can find elsewhere.

    What you need to do

    To make a good trade, you need a binary robot that gives you consistently good results, one that is registered and licensed by trusted authorities and one that keeps its promises. This is what you will find with Binary Option Robot software. This platform keeps the client informed of what is going on in his/her account through updated information and excellent customer support which is live all round the clock and in different languages.

    Binary Option Robot is compatible with only the trusted brokers, which makes it hard for rogue brokers to use the system for their unscrupulous activities. Your funds will always be safe as this software only uses trusted and secure money transfer methods for all their transactions with you namely: deposits and withdrawals. Moreover, all your personal information and online trading data is secure. You will not go wrong with Binary Option Robot.

    Get binary option robot for free by clicking the button below

    Best Binary Options Brokers 2020:
    • Binarium
      Binarium

      Best Binary Options Broker 2020!
      Free Trading Education!
      Free Demo Account!
      Perfect for Beginners!

    • Binomo
      Binomo

      2 place in the ranking!

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