Algo Master 2.0 – Trading Software Scam Review
The Algo Master 2.0 trading system is one of the latest apps to hit the auto trading software scene. It promises easy money, with bombastic claims that members made as much as $794,562 last week using the system. Our team took a closer look at the Algo Master system to see if these claims have any relation to reality.
We wanted to find out more about this binary options software that promises users thousands of dollars a week because let’s face it, it sounds a little too good to be true. While the right binary options system can really help you make money, the claims Algo Master 2.0 makes are a bit unrealistic, so we made a decision to have a closer look.
How Does Algo Master Work?
According to James Torn, the CEO of The AlgoMaster System, the auto-bot works by exploiting the market. This binary option keeps track of current and emerging trends in the market using a programming code and then places trades that supposedly have a minimum of 94.6% success rate.
That’s about as much as we know; that the auto bot analyzes thousands of pieces of information quickly and uses the results to decide whether or not to place a trade. In the offer of Algo Master 2.0 they don’t let us know anything about how the system works, which already makes us doubt its authenticity.
Attractive features the Algo Master 2.0 supposedly include:
- 100% Tested & Approved: the software is 100% verified and patented.
- No Risk: The instruments design supposes to ensure your profit, so it will only place a trade if it knows for sure that you can make a profit.
- 94.6% Accurate: The mathematically proven software only places trades with a 94.6% success rate.
- Verified Results: The bot has been tested and approved by leading trading firms and private users.
If these claims were all true, then great! Sign us up and the sooner is better! However, one question – all these leading trading companies that have tested and approved the app that has been 100% verified – where are they? Our team hasn’t been able to find any legitimate positive reviews. The only ones we found are of poor writing, and don’t offer any valuable information. All they say is that it’s fantastic and that they highly recommend . Probably marketers who get paid for selling the product.
We can’t find any genuine testimonial of users talking about their experiences, how much money they have been able to make or how the robot actually works. Users on the landing page say that all you have to do is activate it and watch your account grow. While it claims to be free, it is a misleading information. To take part, you have to deposit a minimum of $250. Beware, however, if you sign up the Algo Master 2.0 expect to be connected with one of their scam binary brokers. They will pester you with some pretty persistent calls, trying to convince you to invest more money as the system work better that way.
They claim that it literally dumps money into your account every day, The kind of money you read about in Forbes and Fortune magazine. None of it is realistic; trading bots just can’t make you that much money. Not in such a short period of time. If you hear here these type of claims you better stay away! It’s a clear warning sign of a fraud.
Why You Should Stay Away from The Algo Master 2.0 Scam
We have to admit, compared to some of the other scam sites out there, such as the Gemini 2 auto trader we already covered, they’ve put in a decent amount of effort to make this website look legit. You’ve got more than just a video; you’ve also got success stories with quotes from ‘real’ users. That, as well as badges declaring it is the ‘Trading Bot of the Year’ and ‘Certified Authentic.’
The dodgy screenshots and fake backdrops don’t help to add authenticity to the video. Piles of money have been digitally added to the desk – really? None of it is real, not the piles of money, not the lavish home in the background. Same for the first class cabin Jennifer Fillmore is standing in or the screenshot of her bank account. As much as we would love for it to be real, it clearly isn’t.
As for James Torn? We weren’t able to find any information on him. He doesn’t have any social media accounts, such as LinkedIn, that would make us believe he is a real person. The testimonials that feature on the website also seem to be faked, leading us to assume that James and everyone else in the video presentation of the Algo Master 2.0 software are not more than paid actors.
When you use binary options software, you need to learn the basics and features to help you make a decision. You should demand more credibility and more information about its ability to perform and efficiently carry out the stated functions. Algo Master 2.0 does not offer any of these.
AlgoMaster 2.0 Review Conclusion
James Torn offers us an incredible opportunity with Algo Master 2.0. But with only 50 spots available, you need to act fast. A free opportunity that is only available for minutes. These tactics are a classic way to place pressure on vulnerable people who may not be aware of the actual extent of scams taking place these days.
When you’re new to binary options, this seems like an excellent way to make some easy cash, quickly and with minimal work. The thing is, making that much money without having to face any real risks is just unrealistic. To say that the average Algo Master 2 user makes pure profits of $15k every week simply doesn’t make sense.
If you don’t believe us, just do a quick search to see what other people are saying. As the Binary Options Sheriff state in their Algo Master 2.0 coverage: “we recommend one thing. Run!” Instead of investing your money into a scam, use a reputable service with good reviews. It may take you longer to see those kinds of profits. But it’s worth the extra time and effort to get real money for your investment.
Another wise thing to do is to open a practice account where you can get free education tools, and start over live trading with as low as 10$. In order to open such account with a regulated and trusted broker go to the following link: Open a Practice Account Let us know if you have any question regarding trading binary options and we’ll be glad to assist!