Binary Robot 365 Review: Scam or Legit Trading Robot?

Last Updated on

Binary Robot 365 is a trading robot that claims to help investors make thousands of dollars in profits per day trading binary options. The platform was founded in 2016 by an unknown person. But is Binary Robot 365 a scam or legit trading bot? InsideBitcoins has been looking for answers and can confirm that this robot is a scam.

Our investigation reveals that Binary Robot 365 partners with scam brokers to defraud unsuspecting investors. Keep reading to learn more about this robot or learn about our top picks for the best trading robots in 2019.

Is Binary Robot 365 a Scam? Yes!

Binary Robot 365 is a scam trading bot claiming to offer automated binary trading. InsideBitcoins investigation reveals that this platform goal is to lure investors to depositing money with scam brokers. These brokers are unregulated and operate offshore and can therefore not be traced.

An analysis of feedback from traders who have tried this robot reveals that most people lose their deposit within minutes of live trading. Binary Robot 365 does not refund deposits to traders who opt out before live trading.

We have also determined that this platform is involved in aggressive marketing techniques in a bid to get more deposits. The scammers behind the platform pay affiliate marketers a whopping $300 for every deposit made through them. It is a no brainer that the money paid to the affiliate comes from the deposit.

Also worth noting, most of the information presented on their website is false. The testimonials on their website appear to be false. An image reverse search of some of the reviewers’ profile pics indicates that most have been downloaded from the internet.

  • Bitcoin Robot 365 has a poor online reputation – Most users’ report losing their deposits within minutes of trading.
  • InsideBitcoins has determined that this robo-trader operates in partnership with unregulated scam brokers.
  • Bitcoin Robot 365 does not refund deposits to those who opt out before live trading.
  • The information provided on their website is mostly false – The testimonials are also cooked.
  • There is no evidence that there are traders who have made money using this robot.
  • Read a legit trading robot review or keep reading to learn more about Bitcoin Robot 365 scam.

What is Binary Robot 365?

Binary Robot 365 is a scam trading robot that tricks traders into signing up with sham offshore brokers. This trading bot claims to help investors generate up to $9000 per day with an investment of as little as $500.

InsideBitcoins investigation has determined that you stand no chance of making any money with this robot. Their platform wipes out deposits within minutes of live trading. Once you deposit money with them, consider it as lost since they won’t even allow you to withdraw it back.

Binary Robot 365 claims to have a win rate of over 90%. Our investigation shows that no one has ever made money with this robot. There is a high likelihood that the platform is nothing but a well-built front end meant to convince investors that there are underlying technologies. The front end connects users to scam brokers and keeps them engaged as their money is siphoned.

It is important to note that binary trading in itself is legit. There are also legitimate trading robots dedicated to this market, but Binary Robot 365 is not one of them. Trading robots rely on computer algorithms to analyze tradeable data and make decisions. Read our review of News-Spy to learn more about legit trading algorithms.

Who founded Binary Robot 365?

Like most scam robots, Binary Robot 365 does not reveal information about its founder. The only thing they mention is that he is an experienced trader who has made billions from binary options. There is also no information about the founding team.

Our investigation reveals that Binary Robot 365 does not have any legit trading technology. We conclude that it is just a webpage meant to trick investors into depositing money with scammers. Perhaps this is the reason as to why the people behind the platform are not willing to reveal true identities.

Further investigation shows that their customer service is untraceable and mostly unavailable. The only communication channel available is email. InsideBitcoins has determined that they only answer emails when the subject is how to make a deposit. You are likely not to hear from them once you make a deposit.

Also, there is no phone number through which the customer service can be traced. The partner brokers are also untraceable. Legit trading robots operate in full transparency providing all details through which clients can trace them through.

While some may not disclose about the founder, they are likely to present a team that can be held accountable in the event of a dispute. With Binary Robot 365, there is no one to be held accountable.

Why Binary Robot 365 is a scam

Binary Robot 365 has all the characteristics of a scam trading platform. Here are some of the reasons you should not register with this robot.

  • Poor reputation – There are many complaints about people losing money with this platform. If you opt to use this robot, your deposit is likely to be wiped out within a few minutes of live trading. There are also complaints about this robot not allowing users to withdraw their capital.
  • False information – InsideBitcoins investigation reveals that most of the information on the Binary Robot 365 website is false. The testimonials are also faked, and the images used are downloaded from the internet.
  • Lack of transparency – Binary Robot 365 does not reveal the identity of its founder and the supporting team. They also do not provide any information through which they can be traced and held accountable.
  • Poor customer service – Our investigation reveals that Binary Robot 365 customer service is almost inexistent. They only provide email as the only channel of communication and do not respond to any question if it does not relate to making deposits.
  • No withdrawals – InsideBitcoins has determined that Binary Robot 365 does not allow any withdrawals. You won’t make any money with this robot, and they won’t let you withdraw your capital.

Recommended robots

The robots listed here have been vetted and determined to be legit. InsideBitcoins vetting criteria take into account factors such as consistency, transparency, reputability, and customer service. Before we look at these robots, it is essential that we look at the characteristics of legit trading robots.

feedback

Positive feedback

Legit trading robots are likely to have generally positive feedback from individual users’ online reviews.

Withdrawals

Seamless withdrawals

Legit trading robots allow users to withdraw their money whenever they feel like. The withdrawal should take less than 48 hours and should be free. Trading robots such as Bitcoin Code facilitate transactions within 24 hours. Take a look at our Bitcoin Code review to find out more.

Customer service

Excellent customer service

A legit trading robot should provide highly responsive customer service. There should be several lines of communication. They should also present a way through which customers can trace them in the event of a dispute.

The following are the top robots in our recommended list. Users who have tried the follow robots have reported consistent profits.

Crypto Revolt

This trading robot reports an 88% win rate. People who use this trading robot report an average profit of $1000 per day. However, you can make more depending on how much you deposit. You need a minimum deposit of $250 to trade with this robot.

  • Robot
  • Rating
  • Properties
  • Trade
1
 
The best choice
  • 88% Claimed Win Rate
  • $250 Min Deposit
  • Accepts Credit Card and Sofort
All trading carries risk.

Netflix Revolution

Netflix Revolution is a trading robot that allows investors to trade Netflix stocks. Unlike Binary Robot 365, this app trades CFDs, which is a more established financial instrument. Netflix Revolution requires a minimum deposit of $250 and reports an average profit of $1500.  According to the app, the more money you invest, the higher the profits you generate. However, we recommend that you start little and only add capital when you are comfortable with the platform.

  • Robot
  • Rating
  • Properties
  • Trade Now
1
 
The best choice
  • 88% claimed win rate
  • $250 Deposit
  • Not a scam
All trading carries risk.
Other good crypto bots can be found on our bitcoin robot page.

Binary Robot 365 Signup, Deposit, and Trade Process

Binary Robot 365 is a scam, and you should not sign up with it. InsideBitcoins investigation reveals that this platform does not take user safety seriously. While the signup process is easy, it is not safe. Additionally, this robot appears to sell users’ data to third parties.

We found many complaints about users receiving unsolicited offers after registering with this robot. Binary Robot 365 appears to share users’ details with unregulated and scam brokers. These brokers will pester you with calls asking to register with them.

Once you deposit with this robot, that’s the end of your interaction with them. As mentioned earlier, your deposit is likely to be wiped out within minutes, and they won’t allow you to withdraw your money if you opt out before live trading. InsideBitcoins investigation shows that this robot does not have reliable trading technology.

Legit trading robots not only offer safe trading platforms but give users an option to opt in our out of their mailing list. They also do not share users’ details with third parties. Read our review of Netflix Revolution if you are looking for a proven trading robot.

Can I make money with Binary Robot 365?

Binary Robot 365 is a scam, and you stand no chance of making any money with it. As mentioned previously, there are many complaints about people losing money with this robot.

InsideBitcoins tests show that this bot does not have a legit trading algorithm. Additionally, there is a high likelihood that the web-trader will wipe out your account in a few minutes of live trading.

Furthermore, Binary Robot 365 does not allow users to withdraw their trading capital if they opt out before live trading. You won’t make any money with this robot so technically speaking this robot does allow any withdrawals.

Binary Robot 365 Review: The Verdict!

Binary Robot 365 is a scam trading robot. InsideBitcoins investigation reveals that this trading robot does not have a legit trading algorithm. What they present is just but a web page to trick you into signing up with scam brokers.

Moreover, the information and testimonials on their website are false. Our investigation shows that some of the photos used in the testimonies are from stock sites.

We recommend that you try the alternative robots presented in this review if you are looking for a legit trading robot. The recommended robots have passed our rigorous tests and are therefore safe to try.

 

Remember that all investment opportunities carry a certain risk. This especially applies to cryptocurrencies, which are still relatively young in the financial markets.

FAQ

Is Binary Robot 365 a scam?

Binary Robot 365 is a scam trading robot. InsideBitcoins tests find this robot highly suspicious and not worth a try. Read our main robot page to learn more about our rating criteria.

Is Binary Robot 365 a pyramid scheme?

While Binary Robot 365 does not show any signs of a pyramid scheme, it is a scam nonetheless. InsideBitcoins investigation reveals that this trading robot makes losses consistently

Can I withdraw my money with Binary Robot 365?

No! Once you deposit with this trading robot, consider your money as lost. This robot is a scam and operates with scam brokers.

What is the minimum deposit I can invest with Binary Robot 365?

Binary Robot 365 is a scam, and you should not deposit any money with it. The minimum amount required depends on the underlying brokers. Most brokers in partnership with this platform are scammers.

How much can I make with Binary Robot 365?

You won’t make any money with this platform. As explained in this review, this robot is a scam.

What are the alternatives to Binary Robot 365?

Read our review of Binary Robot 365 to learn about the alternatives to this robot. The recommended robots in our list have all been vetted and verified to be legit.

What is a trading robot?

A trading robot is a computer algorithm that can analyze market data and make trading decisions. Some robots are semi-automatic while others are fully automatic. A fully automated trading robot carries out all the trading including decisions making and trades execution.

 

Remember, all trading carries risk. Views expressed are those of the writers only. Past performance is no guarantee of future results. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. This website is free for you to use but we may receive commission from the companies we feature on this site.

About Patrick Webber

A cryptocurrency and trading writer and editor, I specialise in algorithmic trading. I’ve written about every type of automated trading tools - from cryptocurrency robots, binary option robots, down to robo advisors. My goal is to write honest reviews about automated trading tools in order to help users understand which software are trustworthy and which ones they should stay away from. I am constantly analysing and scrutinising the up and coming trading apps so if you are seeking advice or if you would like me to write a robot review in particular don't hesitate to get in touch – I’m happy to help!

2 thoughts on “Binary Robot 365 Review: Scam or Legit Trading Robot?

    1. Hello Sqt645, yes, Binary Robot 365 makes a number of fake promises which it can’t possibly fulfill. Showing high figures and fake results allow these scam robots to lure unknowing people and invest in the robot. We would not recommend anyone to use Binary Robot. Instead, we would recommend you to go with Bitcoin Compass and Cryptosoft.

Leave a Reply

Your email address will not be published. Required fields are marked *