Review Ultimate4Trading – Scam or a great system

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!

Review: Ultimate4Trading – Scam or a great system?

And it’s here again. It’s sad, but true. As we have already said many times and many times will say yet: Binary options are a not a scam, but fraudulent schemes are, unfortunately, connected with the world of binary options. You’re going to read something about this system – Ultimate4Trading (SCAM). If you want, you can find reviews of more fraudulent systems on our website.

Ultimate4Trading is a SCAM

This program is built like most other binary options fraudulent schemes. They are supposed to send trading signals to users. But only after the user pays – that in itself would not be a problem, right? However, the problem is that the signals Ultimate4Trading do not work.

Here I have prepared a list of clues using you can use to tell whether a system is a scam or not.

  • The site says that the software is available only for a limited number of people. = Why would anyone in the system allow only a limited number of people, but at the same time advertise the system everywhere? These two things contradict each other. It is proven that when a person is pushed into something (eg. they feel that the software might be sold out soon) they are more likely to buy it. Therefore, a limited number of people is a lie that only messes with the people’s emotions.
  • Ultimate4Trading offers one crucial thing: the opportunity to try the system on a demo account. But on their demo account all trades, or at least most of them, succeed. “Great, now I can buy the system!” think most of the scammed people. But it is a mistake! Demo account offered by the authors of this system is rigged and it is not possible to trade according to it! The price just moves different for everyone.
  • The whole system only works with the broker EZTrader. This itself is questionable, as we all know this broker as a scam and can’t be trusted, right? (See articles here: Optionavigator scam, Zoomtrader scam)
  • The algorithm generating trading signals Ultimate4Trading was apparently created by John Cross and his friends while studying at a university in the USA. However, there are different versions of the system for every country. For example the author of the Italian version of this fraudulent project, Trading 30 Elode, which is exactly the same as Ultimate4Trading, is Giovanni Croce. And has the same story about the university as John – that’s weird, isn‘t it?

Note the inscription at the top corner. The following is a paid commercial advertisement by actors representing this product.

The largest ad campaign for this system was published earlier this year, when, according to statistics nearly half a million people per month visited the system’s website and to this very day, tens and hundreds of thousand people still do!

To summarize this SCAM

Definitely, avoid this project. If you have already put money into this system, tell us please your story so we can warn other potentially deceived people! Thank you!

Author

More about the author J. Pro

Unlike Stephen (the other author) I have been thinking mainly about online business lately. I wasn’t very successfull with dropshipping on Amazon and other ways of making money online, and I’d only earn a few hundreds of dollars in years. But then binary options caught my attention with it’s simplicity. Now I’m glad it did because it really is worth it. More posts by this author

7 Binary Options

The Ultimate4Trading platform is a very basic operating system when it comes to binary options signal software. The signals are designed for high/low options or 60 second options. You will not have the ability to do automated trading, all you have to do is watch for fresh signal and then make your trade. You simply select the amount you wish to trade as default and with one click you can then place a trade.

Basic information:

Cost: Free
Software: Signal Service
Max Returns: Up to 70%
Minimum Deposit: $200
Countries: All nations

– Limited trade options
– Only 1 broker to choose
– Poor charting system
– No alert sounds

7BO Verdict:

Not Reliable Service

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!

In our careful review of the software, the one question we found is what exactly is Ultimate4Trading using to base their signals? With the 60 Second Option we shown a signal called “Buy a Call on Gold.” However, this options lasted for an hour rather than sixty seconds. The time in which you place your bet is critical with 60 second options, it literally means the difference between a win and a loss.

According to their homepage Ultimate4Trading offers a “ground-breaking algorithm that is so accurate that more than three out of every 4 trades have been a success.”

With a top date coordinate of just one day, we feel the charting is extremely inadequate. For the majority of the time during our Ultimate4Trading review, it only displays 5 minutes or an hours’ worth of info. And the charts are ancient line charts, which no serious trader even uses anymore.

Their software platform is only set to deal with 1 broker. However, if you are interested in registering with another broker, it will not make the necessary accommodation. The system is also lacking alert notifications, as well as the ability to select which assets for which you would like to receive alerts.

The Winning Demo

During the review, when we tested the system, not to our surprise, our trade did profit. Keep in mind that when you are utilizing the demo mode, keep in mind that this is not in fact a genuine live trade. It is essentially designed to give you an ideas as to how to their platform operates and in no way are the signals accurate. Of course you will profit during the demo trade, they are trying to get you to stick with their service.

Screenshot

Conclusion

Ultimate4Trading is not safe or reliable. For those who are looking for a reliable binary option robot or broker. Please check out below our currently updated list of most reputable binary option robot and brokers.

TBBOB

Fighting online scams since 2020

Ultimate4Trading – review of a scam on binary options

One of our readers asked us for an opinion about “Ultimate4Trading” on binary options and we came to the conclusion that it would make an interesting review. So here it is.

Table of Contents

Ultimate4Trading

This system is no different from tons of binary options scams that we have seen over the years. A guy called Jim Cross says that he developed the Ultimate4Trading system with a couple of friends from university. It is an automated binary options trading strategy that allegedly made them a lot of money and now they are sharing it for free. How beautiful, right? Well, not so.

A scam

Let’s get straight to proofs that Ultimate4Trading is a binary options scam like many others.

Awards

First let’s start with awards the Ultimate4Trading supposedly received. When you look at the video presentation from Startup365, first ask yourself what is Startup365? It is a web site (Start-up365.com) created in July 2020 and looks like created really on purpose to support Ultimat4Trading.

In the presentation video you can see quotes from the “Boston Financial Herald” for example. But we have not found any media with this name. Boston Herald is the only one that comes close, but it has never mentioned Ultimate4Trading. The other quotes from the video are unverifiable too, so we must conclude that they are fake.

Free with an affiliate program?

Ultimate4Trading is free. Yet they have an affiliate program, so they are willing to pay you if you refer new traders to their program.

Ask yourself this question: If you offer something for free, why would you pay affiliates to get you new customers for this free product? Where would you get the money from?

Fake demo

We could go on and on with suspicious things about Ultimate4Trading, but as they offer a free demo, we tested it. And we discovered a big problem, their demo is faking trades, it makes losing trades winning, so you get a wrong impression about the performance of the system.

So on the demo you’ll be making money because the system is faking trades. Then you will open a real account, trade the same way, but you will lose your money. Look at the video, you’ll see how Ultimate4Trading is faking trades, it rewrites losers to winners.

On the left you see Ultimate4Trading, on the right we mirrored the trades with a top option broker to see how the price really evolves.

But is it really a surprise? You know you should always read Terms and Conditions, which in this case state: “For the avoidance of doubt, the User should not and will not expect any similarities between the demo account and the real and/or live account.”

Conclusion

Ultimate4Trading is a scam, albeit a sophisticated one. Through a faked demo they will let you think that they have a winning system, but in reality you will lose your deposit when you start to trade for real. Ultimate4Trading makes money because they are affiliated with brokers, so they will get paid for every new trader they refer. This is the purpose of their story and program, make you deposit and trade with their broker.

As we always say, if you really want to make money on binary options, which is perfectly possible, learn how to trade, build a profitable strategy and trade your account yourself. You can try it on a free demo that will give you real results.

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!

Like this post? Please share to your friends:
Binary Options Online Trading
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: