The Traders Matrix bot is one of the newly launched binary auto-trading platforms which are viral on the market. It is supposedly developed by Mr. Robert Michaels and Mr. Chris Amado. According to the given information, they are both former Forex and commodities traders who have serious experience and knowledge in the sphere of online investing.
I decided to further investigate all the aspects of the system to find the truth about its origin, legitimacy, and performance. The first thing I want to share with you is that there is a very high likelihood that the supposed founders of the robot are not real people. There isn’t additional information regarding prior employment or education. They also do not possess active social media profiles.
In addition, none of them actually appears during the promo video. They try to advertise the TradersMatrix system by providing free access, but this is not true as this is valid only for a 3 months period. After it, Mr. Amado and Mr. Michaels require a shocking 20% commission.
In case you would like to learn more about this software, read the following Traders Matrix detailed scam review.
What Is Traders Matrix?
The new binary options solution is said to allow users to start a free account which is not lifetime-free like most profitable systems offer. This is because there is a 20% commission that is charged after the end of the first 3 moths. According to my research, this is a very high price and no other income-accumulating platform on the Internet requires from its members to pay such a high percentage of their profit.
Review Verdict: Traders Matrix Is Scam
Another red flag related to this binary system is the fact that its promo clip does not feature much information, either. There isn’t even a narration, only random subtitles appear during the promotional video, as background music is played in the meantime.
I would like to suggest that online traders who are willing to trade binary options should better consider finding a platform that is proven to be working and is truly legit. A good example of such solution is the FinTech Ltd. binary robot. It was founded by a prominent trader called Daniel Roberts. It is widely regarded as one of the most profitable and successful income-generating trading tools.
How Does TradersMatrix Platform Operate?
As I could learn, the system is actually advertised as a signals-generating binary trading platform. Alleged creators Chris Amado and Robert Michaels have developed a programming algorithm which is claimed to be able to predict the future movements of the market and to generate signals with up to 90% accuracy rate.
Traders Matrix System is still fairly new, but the few traders that have already signed up with it state that it rarely sends any signals and that almost none of them are really accurate. This goes to show that you can’t even take advantage of the customizable settings no matter what you do.
Traders Matrix – a Scam or Reliable System?
I analyzed and carefully inspected all the collected data. According to the results I produced, it seems like this binary auto-trading system is not legit and reliable, at all. First of all, there is almost no substantial information about its trading algorithm and operational process.
Also, the feedback I found was all negative. Finally, the mentioned commission of 20% that you will be charged as a client, is way too high for the industry standard. I also don’t believe the mentioned Confidence Factor. Based on all this, I advise my readers not to deal with Traders Matrix but to avoid and treat it as a potential and dangerous scam.
To summarize all I have already discovered, the Traders Matrix software is not a legit binary trading system. On the contrary, it is very likely to be a scam and a bogus investing platform. Sadly, this is yet another disappointing and under-performing product in the field of binary options. Therefore, I would like to warn people about it and help them save their funds from this bogus tool. You should just continue your search until you find a solution that really works properly and can actually produce profitable results for you.
Review Verdict: Traders Matrix Is Scam