1K DAILY PROFIT REVIEW
1K Daily Profit is created by John Becker. It is the latest binary options automated trading software released online that promises it will generate $1, 000 per day. Just like with other automated trading robots, it is user-friendly. All traders have to do is to simply set up their parameters such as risk level and investment amount.
Most of the time, binary investment scams promise users that they will accumulate thousands in profits or even more. Usually, traders need to take some actions on their and gain confidence and abilities before proceeding to invest. It is important to have a basic knowledge of what they are entering into. A blindly carried out financial operation almost always never ends up successful.
If you’ve received a private invitation with a $1, 000 per day promise, then you need to read this review first before joining and investing in the system.
WHAT IS 1K DAILY PROFIT?
1K Daily Profit is a binary options trading app that was created by John Becker, who was supposedly a partner at Goldman Sacks. This automated trading system would allow a few individual to join his 1K Daily Profit inner circle and make at least $1, 000 daily. John Becker has no previous knowledge and experience of binary options or how to trade.
According to the video presentation, the software uses a ground-breaking algorithm for predicting binary options. Becker also boasts that the system signals have a 99.8% rate of success which is unheard of in the binary options industry. This trading software was actually intended to entice new traders lacking the knowledge and experience in trading. There are no known ways if the 1K Daily Profit system has been beta tested or what this app is capable of when used for real trades.
HOW MUCH DOES 1K DAILY PROFIT COST?
There is no cost to become a member of 1K Daily Profit, just like with other trading systems. All you have to do is to sign up with one of their recommended brokers and once your account is set up you can start funding it.
Just like with other apps, the 1K Daily Profit System make its commission directly from the broker and not from you.
HOW DOES IT WORK?
The system operates completely on autopilot. There is an option though for traders to go on manual mode if they want to directly receive the binary options signal and make their own decisions with regards to their trades. Basically, it evaluates the latest market trends and then predicts where the rise and fall of the value of a particular asset. Once it sees a profitable trading opportunity, it will then create a signal and notify the trader.
The trading system does not offer numerous special features, which is a surprise since it claims to to have a high accuracy rate. Unfortunately, a lot of the features are not even advanced but rather basic. 1K Daily Profit offers nothing compared to the average trading system.
PROS VS CONS
- Educational Resources
- User Friendly Trading Platform
- Limited Assets for Trading
- Does Not Offer Special Features
- Lack of Genuine Customer Feedback
- Does Not Offer a Demo Account
- Unreliable Customer Support
FAKE USER TESTIMONIALS
All the supposedly “real live proof” user testimonials are taken from social media and are totally fake. A lot of them are either grabbed from unsuspecting people with unsecured accounts or simply taken from stock photos online. Even the video testimonials of “satisfied” traders are also fraud. These are paid actors and not actual investor of the system who have earned around $30, 000 and $30, 000 per month. In reality, there is no known binary options robot software that has the capability to generate such a result in a short period of time.
JOHN BECKER IS A “FOR-HIRE” ACTOR
The image of John Becker was taken from a stock image website which is available to be used by everyone. The video presentation of 1K Daily Profit claims that he used to be a partner at Godlman Sachs, but there is no available proof online to validate this or that he has ever worked there or that he even exist. Aside from this, Becker looked a bit confused about the roots of algorithm. He even provides different statements about it that contradict one another.
IS 1K DAILY PROFIT A SCAM?
To determine if an offer is a scam or not, you need to consider the following:
- To get steady and dynamic results with an automated trading system, it is vital to choose a secure and reliable software program
- Only licensed and regulated binary options brokers are recommended by trustworthy binary systems. Experienced traders do not seem to favour 1K Daily Profit as there is not enough information on how it actually works.
- There are numerous fake testimonials on their website and the claims of the creators are just too good to be true and there are no proofs to back up their claims.
- They do not provide a demo account and have little to no special features to separate the system from the rest of the competition.
Based on all of these, 1K Daily Profit is not a reliable trading solution. While it may not be a scam, it is recommended to think twice about investing your money on this. Instead, opt for a more accurate trading system that offers plenty of features and regulated brokers.