This review provides proofs that 5Binary is just another binary options scam.
5Binary is a binary options robot that is supposed to make you money on autopilot. According to the presentation, it is the best binary option robot on the market.
And because 5binary is free, the question is, can it make you money for free?
5Binary scam
The answer to the previous question is no, because 5 Binary is just another scam robot. We quickly identified a robot that is used by dozens of scams. Look at our picture to see some examples, like Option Robot and Crypto Robot 365.
So 5Binary is not based on a unique solution, but on a losing software widely used by scammers. It is just being rebranded and offered again by new scams.
The biggest danger coming from this robot is that it has a built-in demo mode that fakes results. Yes, you read it right, it uses a fake price feed to generate fictitious profits that have nothing to do with a simulation of real trading.
This dirty trick makes a lot of people believe that the robot is profitable, so they deposit money and let it trade with it. But because real trading results cannot be faked, they quickly lose their deposits and never get their money back.
The truth
So, now the question is, what is the real purpose of 5Binary? The answer is very simple, to make money to scammers.
People who run the robot are associated with certain brokers and they get paid for referring new depositors to these brokers. As simple as that.
But if you deposit through their software with their broker, 5Binary will lose your money very quickly in trading, because it has no real trading strategy.
Conclusion
5Binary is a total scam that will make you deposit and lose money with a software that is known for losing money of real traders. Stay away from it!
If you want to try binary options trading risk free to see how money can really be made with a proper strategy, open a free demo with a regulated broker.
Don’t trade with real money until you are sure that you have a profitable strategy.