Compound Trader is a SCAM!! Another Depressing Review!

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Compound Trader App Review : All I Can Say is Scam

Did you know that the Compound Trader app is a total waste of time? It is a cheap, ruthless scam that will rip you off. When you listen to the introductory video, you will realize that driving an expensive auto, living in a dream home and going to exotic places on holidays, without worrying about money, is a gimmick. It is a trick to get you to join the Compound Trader program. How, in the world, would a binary trader autopilot make you $12000 per day while depositing nothing? In other words, you will allegedly make about $770 dollars per hour on autopilot. Shamelessly, the conniving man in the video promises a bonus worth $5000 when you join and access your VIP app download page. Here is our 100% honest Compound Trader review. Keep reading.

Is Compound Trader a Scam?

While the Compound Trader software is intended to make you passive income, the software does just the opposite. It operates on the idea that when you join, access the VIP page and download the app, the autopilot goes to work. Hence, the original amount of money, which is false, of course, is spread over a few promising trading positions. Then the profits made are reinvested to exponentially compound the original funds in your balance. According to the con artist in the video, it is the compounding effect that sets the Compound Trader system apart from other similar programs.

In reality, though, when you trade a pair of currencies and earns a profit, for instance, you cannot expect a totally different pair of currencies to behave the same way. Hence, the Compound Trader program principle is totally insensible and unsound. Then, there is yet another statement made in the video that sounds too good to be true. It says that the Compound Trader app has an accuracy level of over ninety-eight percent. In other words, your odds of not fetching more than twelve thousand dollars per day are very slim when using their autopilot binary options platform.

Website: compoundtrader.co

The Compound Trader App – Who is Albert Henderson?

Albert Henderson is the man who is speaking in the video. He is also the Compound Trader app developer and con advertiser. He claims that their app has been rigorously researched, implemented, tested and proven to be a quick money making system. It has taken them seven years to work on the platform, he says, even though he is practically begging people to sign up.

Dr. Albert Henderson, as he calls himself, does not mention his areas of specialization or even the university he studied. There is very little information about him on the internet. There is no profound evidence that the developer has created or taken part in the invention of similar robots prior to Compound Trader signals.

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Instead of proving how his autopilot delivers the promise, step by step, Dr. Albert dwells on telling you how you should not miss the opportunity to become a millionaire in just thirty days. Hence, our Compound Trader App Review seeks to protect you from wasting your time and money on this useless program.

As you watch the video, you will notice how the good doctor flips pages consisting of users who have supposedly made a seven-figure salary trading binary options with his Compound trader software. Then he goes on to brag about his millionaire lifestyle, and how he makes lots of money every month from any country he chooses. Additionally, he speaks of how he has lifted himself from poverty and set his life free via the Compound Trader system. We can’t help but wonder how a whole professor could have been a pauper before.

The truth is that he uses these words to ensnare users by making his autopilot look like a miraculous money making machine. But, how clever is his robot that it can deal with several assets at once? It is confusing how the Compound Trader scam operates to produce so many wins in a single day. In reality, you will be surprised that you were making losses all along.

There is a part where he says that even if you trade with just 10 dollars a day, you compound it ten times more to make roughly 800 dollars per hour. This, he claims, could happen even if your success rate goes down to 85%, roughly. The Compound Trader App a scam platform is just another fraudulent binary autopilot you might have seen before. The seven years that the developer claims to have spent creating this idea does not match the features in the system.

Besides, the Compound Trader review has not received any real positive comments from ordinary users. The only testimonials shown on the video are false and prefabricated by paid cons that do not care about you.

Fake Compound Trader Testimonials

Do you want to withdraw your deposit on Compound trader? No way

The settings panel absolutely gives you no control over your trading patterns. You will just sit in front of your computer screen and watch while the Compound Trader software robot does its work. Then when you have earned a quality amount, the platform will reject your attempts to withdraw your deposits. The first live trade you will receive will be false, fake and useless. The balance on the system will be non-exist too.

Next, you will be taken to a deposit page where the actual balance will read zero. Hence, the only, sole, purpose of the compound Trader program is to make you deposit an amount equal to 250 dollars. They will give you a selected broker, who is not licensed, obviously. This alone is too risky, as it puts you in the wrong position to ask for a refund.

If someone is not licensed, then they may as well be a fantasy. So, once you give the Compound Trader website your $250 that will be the end of it. You will never see it again. It is the likes of Dr. Albert Henderson and his counterfeit group of marketers that will benefit from your free money.

Highest Performing Binary Options Robot of 2020!!

Conclusion – Compound Trader is a Scam

The fact that you will make over 12000 dollars per day using the totally free Compound Trader System is a lie. Also, if you have encountered a similar scam, you will realize that words like no skills or no investment is required are way too common. There is no way the Compound Trader software is real. It is a bogus, crappy autopilot system that you should not even bother with. Instead, use our top binary options trading software options. We have traded with each of them and can assure you that they are nothing like this rip-off autopilot program. We made money with these programs and so can you. Our top recommendation is Copy Buffett software.

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7 Binary Options

  • Developing a Trading Strategy of Your Own – April 17, 2020
  • How to Become a Great Trader? – March 2, 2020
  • 7 Mistakes Novice Traders Make (Please, Avoid Them) – February 12, 2020

For the past 2 decades, advancements in new technology in the computing industry and new product innovations in the financial industry has helped to contribute greatly to the growth of the online trading industry. For example in 2008, we saw the introduction of binary options trading on a retail scale. And with the rising popularity of binary options trading, this has also prompted the growth of many niche industries to support traders with their trading activities. One such niche industry is the automated trading system or trading robots as they are sometimes known. These automated trading systems are designed to make the trading process easier for traders. While there are legitimate developers of such systems, there are also many systems which are designed to scam traders out of their money.

To help traders from getting scammed by these fraudulent systems, we reviewed any such systems that have surfaced recently on the internet. We hope by providing our readers with an objective review of these systems, they will be able to use the information to avoid getting sucked in by the claims made by developers of such systems.

For this review, we will take at look at the “Compound Trader”, a trading software that claims to help its user make a million dollars in just 60 days. Do you think they are for real or just a scam? Read on to find out.

Basic information:

Cost: Free
Software: 100% Automated
Max Returns: Up to 86%
Minimum Deposit: $250
Countries: All nations

– Unproven Software
– Trading with unregulated brokers

7BO Verdict:

Not Reliable Service

What is the Compound Trader

The Compound Trader system is said to be developed by an individual called Doctor Albert Henderson. In the marketing video for the software, Doctor Albert Henderson reveals that the Compound Trader is an automated trading system which helps its users earn $770 an hour from trading on autopilot.

While the idea behind the software is a good one, we are not sure about its actual performance. From our initial observations and research, we noticed some red flags which points to this software as nothing more than a scam.

For starters, our research has found out that the Compound Trader was formerly known as “Globe Traders”. Later, it was rereleased as Compound Trader in July 2020. The reason for the name change was not made public but we assume it was to generate hype and interest in a software that is lackluster in nature.

Secondly, our research into the background of the developer Doctor Albert Henderson turned up nothing. This is another red flag that we noticed. Either the developer is a total hermit or he doesn’t exist at all. Our guess is he is of the latter as it is unlikely that a developer of such a “wonderful” software as the Compound Trader doesn’t leave a digital trail on the internet.

How does it work?

From what we learnt, the Compound Trader is essentially a binary options trading robot. It makes trades on behalf of the trader automatically without human intervention. It is activated when the system spots a trend in the market. The initial capital deposited is then spread out over several trades. And from the profits generated, it is reinvested by the system to make even more profits and hence compounding the profits.

Actually, the explanation on how the software works is both logical and reasonable. But what defies common sense logic are the claims made by Doctor Henderson. First of all, he claims that the software has a win rate of 98%. This means that out of 100 trades made, only 2 trades will be unsuccessful. Next, he claims that it will be able to help its user make $770 per hour.

In truth given this high success ratio, no binary options brokers in the world will be able to sustain their operations for long! So our take on those claims made by Doctor Henderson is that they are most likely nothing more than sales talk.

If you are wondering how to gain access to this software, you first need to sign up for a trading account with one of the recommended brokers that supports trading with this software. Next, you need to make a minimum deposit of $250. Take note that none of the recommended brokers are regulated. This means if anything happens, you are on your own trying to get back your money.

To help convince you to sign up for the software, Doctor Henderson in his marketing video says that he will fund your trading account with $5000 to help you get started. We are highly suspicious of his offer as we mentioned earlier, no background of a Doctor Albert Henderson exists on the internet. So it will be quite difficult to collect on a promise of a nonexistent individual.

Final conclusion

With its big promises and enticing offer, the Compound Trader system seems like a god sent opportunity. The truth is you are more likely to lose your money with it than make a small fortune since none of the claims are substantiated by an independent third party.

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