Social Trader is yet another binary options trading robot which promises to make huge profits for its users. So does it really work or is Social Trader just a scam?

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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 Social Trader 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 Robots:

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What Is SocialTrader?

The SocialTrader is a trading system, one of the many that are so popular in the market of the binary options. It generates trading signals, based on which traders can make their decisions. The problem is, that the binary options market is full of scam, because many people regard trading with binary option as an easy way to become rich. Instead, they lose their money. Thus, here we will try to check, if the SocialTrader is a scam or it really keeps its promise for $24,755.81 for the first week of trading.

Is SocialTrader A Scam?

You, of course, want to know if the SocialTrader is a scam? Well, here we will try to check all possible features that indicate a scam trading software, and to make a conclusion, if the SocialTrader is a legal service provider or not.

The first thing that we see is the SocialTrader website. The SocialTrader has not a professionally looking website. A complete beginner can easily navigate it. But the other thing is, that there is not much of the needed information, mostly advertisement and explaining how good the SocialTrader is. Though the good number of assets available for trading makes a good impression.

The next important thing is the license. It seems, that the SocialTrader has no license, because this information is not mentioned in the website. Though, the absence of a license is not a scam indicator.

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Thus, we can conclude, that, most likely, the SocialTrader is not a scam, but it has a long way ahead to become a really trusted trading system. Since we can confirm the safety of this binary options auto trading software we recommend traders to choose another proven and tested to work.

How Much Does SocialTrader Cost?

As it is indicated in the website, the SocialTrader doesn’t cost anything. But, if you read more attentively, there is a special condition – account with a recommended trader. Then, you can use the SocialTrader for free. For those traders, who prefer other brokers, but would like to try out the SocialTrader, a fee exists.

How Does SocialTrader Work?

The SocialTrader is a trading system, created to facilitate the life of a trader. It collects data, relevant for binary options market, analyses it, and generates signals. The trading signals is the base for a trader`s decision. You believe that sitting in front of a screen and waiting for the right signal to appear is really boring? Then, the SocialTrader offers you automatic mode. Then, the binary options robot will trade for you, and you can enjoy your life. You can choose what you prefer.

How To Get Started?

So, you decided to try trading with the SocialTrader. Good luck then. Here are some instructions on how to get started with the SocialTrader. First of all, you need a trading account with a broker. It can be a broker, recommended by the SocialTrader, or your favourite broker. Then, you make a deposit. If your broker is not a recommended one, you will have to pay a fee. After that, you link the SocialTrader with your account and start trading.


Special Features

The SocialTrader is a typical trading system. Its website I rather good, even though not too much informative. This trading system does not seem to be a scam, but it isnot among recommend ones, either. So, it is your risk to entrust your money to a service provider, about whom there is not much information available.

Pros:
• Education Center With Live Webinars
• Mobile Trading Platform
• 100% Web Based

Cons:
• Relatively New Software
• No Demo Account Available
• Not Available for All Countries

Conclusion

After making a thorough research, our team of investigators concluded that there are better signal providers than Social Trader . 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

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Aaron

Aaron

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I am Aaron Daughtry and this is my blog about Binary Options Brokers, Signals Providers and Auto Trading Systems.
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