Our team of experts made a study of this binary options robot and found that it does not rate high. Also, there is no significant information available about them.
Since there wasn’t enough data to analyse, our team cannot guarantee you that 1K Daily Profit is safe enough to invest in. You are given the opportunity to Proceed to Safety OR Choose one of the Top10BinarySignals.com approved Binary Options Brokers:
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What is 1K Daily Profit?
1K Daily Profit is a new binary options robot in the market that claims to help traders in maximizing their profits. But the main function of a binary option robot is to minimize the risk related to binary options trading in the market. So given the accuracy of the system, for traders who are new to the trading industry entirely, there is a promotional video which will teach you how to use this app to make profits. 1K Daily Profit,reated by John Becker, is one of the ways to trade automatically binary options. But is 1KdailyProfit a scam or not?
Is 1K Daily Profit a Scam?
One of the things that you will find on 1K Daily Profit is that it is filled with testimonials. However we cannot say that the testimonials are real or made with paid actors (as many other scam websites usually do). It is really unclear why the site has so little information about the strategies and the algorithm. Instead, it is filled with claims about how users can make huge profits from it. There is little to support these claims on their official website.
How Much Does 1K Daily Profit Cost?
On its website, 1K Daily Profit claims that you will not have to pay any fee to use it. In fact, there are also no download charges involved. You can use this software without having to pay any fee for lifetime. So is there no fee involved at all? There is actually – but you are not told that until you have already signed up the process. After signing up, you are redirected to the broker’s account where you have to pay $250 for opening an account and only then will you be able to start trading with 1K Daily Profit robot.
How does 1K Daily Profit work?
1K Daily Profit is basically a binary options robot and its function is to provide you with binary options signals. These signals are basically based on different algorithms which are based on how the industry experts see the market. Therefore it promises you that it will give you positive results when you trade on a binary option based on their signals. Another important feature of this robot is that it can also place trades on your behalf – although that function is changeable.
How to get started?
- Sign Up – The first step is signing up. There is a rectangular box at the end of the page where you have to provide your email address and sign up with 1K Daily Profit. This step is free. After this, the traders will be redirected to open an account with their recommended broker, which again may or may not be regulated.
- Trade – Once you’ve signed up with the broker using a unique email address, you will now be provided the free signals to place your trades on. This is when you start earning profits.
- Withdrawal – The withdrawals will have to comply with the regulations of the broker so you have to check their terms and conditions before proceeding
One of the special features of this broker is that it provides you enough educational material. Once you sign up, you are taken to some videos before you can sign up with the broker and this is where you learn how this system works. But without substantial proof, we can neither confirm nor deny the claims made by them as of now.
Pros & Cons
- FREE Educational Materials
- 100% Web Based
- Simple User Interface
- Not Tested or Proven to Work
- Minimum Language Support
- Few Tradable Assets
After making a thorough research, our team of investigators concluded that there are better signal providers than 1K Daily Profit . We browsed the web and forums and found many traders that were unsatisfied with the performance of this signal provider.
We cannot confirm if this signal provider is legitimate or not, that’s why we recommend you to Proceed to Safety by choosing one of the High-Rated and Accurate Signals providers trusted by Top10BinarySignals.com