Trade X Confidential is a SCAM Review!
Trade X Confidential is a scam binary options auto trading system with it’s unique capability of “tracking large companies” and allows average Joe’s like us get into the position well before it’s price skyrockets. Well, at least that is what Trade X Confidential claims to be able to do. The alleged CEO, Paul Reed, also claims that this free system is perfect in a way that users get to see profits within the first hour of usage and it has a 100% success rate! Should we consider these 3 main selling point for Trade X Confidential, we honestly think that it is too good to be true and it is indeed how scam systems often promote themselves. By giving claiming that it is so good and perhaps illogical capabilities. Please continue reading for more details below!
Trade X Confidential Illogical Claims and Why It Can’t be True
First and foremost, let’s talk about the claim that this system aims to search the internet for traffic from large corporations that eyes smaller corporations to identify the “Next Big Thing”. In theory, it definitely sounds logical and interesting to look for such data/trends for early indication of major acquisition which of course usually leads to large jump in stock prices. BUT, the problem is, this theory is not suitable for binary options trading! We are not sure whether Paul is aware of what he’s saying can’t be applied to binary options trading. Either he do not know what he’s talking about where most scammers just pay actors to read scripts without understanding the essence of the product or he is just dumb. Basically, Paul is saying that there is “real good money when we invest before the companies blows up, buy low and sell high. Start the trade early before it blows!”
The only flaw about that claim is that it does not work in binary options trading. Simply because binary options trading has their own expiry time, meaning there is no option for you to hold an asset to sell at higher value. Every trade that binary options traders take is simple betting whether the price of the asset will go up or down from the initial strike price. There is no purchasing of any assets! Besides, these kind of events where we “look for the next big thing”, don’t happen too often anyway! How can we expect to profit thousands (as depicted on the “current users”) if the systems works essentially only on that approach. How about the currencies pairs? The essence of “Why” Trade X Confidential seems to be very illogical for it to actually make tons of profits in binary options trading where identifying the “next big thing” is the main strategy.
Paul Reed also mentioned that Trade X Confidential’s algorithm is so superior that it can achieve 100% success rate and users will not lose money with this software. This is a typical binary options scam system that is often used which ultimately losses the trader’s money and causes disappointment. It is such scam systems that tarnishes the binary options industry when unrealistic expectation is build based on presentation videos that claims over-promising capabilities. There is no auto trading system could achieve 100% success rate, even the best trader in the world with top-notch experience and skill can’t achieve that. What’s worst is that Trade X Confidential did not provide any trade history to support their unrealistic claims. We can only assume that they can’t because it is realistically impossible to achieve!
Scam-like Aspects in Trade X Confidential
Trade X Confidential is no exception to employing fake endorsements and fake testimonials on it’s webpage. We can easily spot claims of major news company posting fake positive endorsements especially the CNN and NBC section. Nothing can be found on the databases of CNN and NBC should we attempt to verify the proof of the mentioned endorsements. It is very common for scam system to write their own positive comments and slap it with a strong brand. Thus believing in such a futile attempt to create positive outlook for themselves just makes the trustworthiness disappear.
The “Trade X Confidential Members” section is also very likely a fake positive comments added for the same reason. Once again, this section is easily disproved by searching the images that are attached to the comments itself. We found that many of these pictures are indeed commonly used photos that are used for advert across various websites.
Lastly, we can always hear the “limited spots only” scam tactics where scam sites apply all the time. In the case of Trade X Confidential, it is said that the first 50 people that sign up will be entitled to Paul’s personal advice on what the next big thing is! And guess what, there personal advice never came! It is just a poor attempt to create sense of urgency for viewers to register quickly for a value-add service which is never going to be given anyway!
Trade X Confidential’s Conclusion
We conclude that Trade X Confidential is a scam binary options auto trading system which clearly has an illogical philosophy that can’t work with binary options trading, unrealistic 100% success rate, and fake endorsements/testimonials! Please stay away from Trade X Confidential and do not invest your money into this scam system! Paul Reed clearly provides us with selling points that can’t be applied in binary options trading and there is lack of proofs that this system can indeed thrive in this industry.
Verdict: Trade X Confidential is a SCAM!
Binary Options industry is indeed flooding with many scams especially related to auto trading systems! However, there are reliable system that can in fact generate profits for you which we are also interested in. So, do not be discouraged by scams that you find online but rather do more research before investing your money! Please do SUBSCRIBE to our FREE daily scam and binary options trusted system newsletters to keep yourself updated!
Trusted Binary Options Signals/Auto Trading System!
Please delete your cookies (hold CTRL+SHIFT+DEL) before clicking on any links! =)
We would recommend new traders to check out other information available in Binary Options Sentinel in order to gain additional knowledge on trusted binary options brokers and signal services before investing your money! New traders may also choose to try out the free Demo Account to gain some trading experience. Keep in mind that trading with real money can earn you A LOT of money, but do keep in mind to minimize your potential loss! Please feel free to leave your comments below and share the love throughout the community