The Altronix Trading app is a very cleverly designed system that can apparently trade Binary Options based on the latest news reports or even just a tweet someone wrote about a company. The Altronix app can then supposedly immediately take action on the news post and make you millions. We're going to be taking a good look at the claims made by Frank Saunders about the AltronixApp and try to make sense of what he's saying.
Disclosure: We might get a commission fee if you sign up through any of our links.
Altronix Trading App Review Summary
- Annoying Browser Pop-Ups: Yes
- Fake Scarcity Counter: No
- Paid Actor Testimonials: Not from what I can tell
- Impossible Revenue Gains: Yes
- Comes Across As Authentic: No
- Convincing Proof of Profits: No
- Possibility of Being a Scam: 98%
- Price: Free. Have to sign up with one of their brokers.
- Auto-trading: Yes
The Altronix Trading App Scam Car Salesman a.k.a. Frank Saunders
I don't know if you've taken a look at the Altronix app video yet, but the guy that is doing the presentation looks and acts absolutely like a used car salesman. What bugs me the most about this whole offer is how it is presented. It is such a pressure sell where the salesman practically forces the product down your throat and tries to use every trick in the book to get you to hand over your email.
If you have ever had to deal with a slimy car salesman, then this guy will totally just bring all of those unpleasant memories right back to you. Don't get me wrong, not all car salesman are like that. In fact, when we had a really bad experience with a tacky and manipulative salesman at one car dealership, we simply walked across the road and had a completely different experience. We definitely wanted to buy a car, we just didn't want to buy it from a guy that was twisting everything we said around into a sales pitch and try to pressure us into signing a deal with him.
That's exactly the impression you get with this Altronix trading app guy, sooooo slick and overly dramatic about everything he says, it just drips of scam. Something else that you have to take note of right away is that there is an existing company called Altronix and their website is Altronix.com, this is not that company! You can watch the AltronixApp video below if you're curious to hear what they have to say.
Crazy Claims Made By Scammy Software
This is one of the hallmarks of scam software, they make totally outlandish claims that can in no way be construed to actually reflect the truth in any way. In case you haven't noticed it yet, take a look at the statement they make right at the top of the Altronix bot video. They claim that you can become a millionaire with the Altronix trading app within 90 days after signing up! There is no way that is true, the math just doesn't make sense because there are upper trading limitations that you don't need to worry about, but that will definitely make it impossible to make a million dollars in 90 days trading binary options.
Practically the whole script for this video production was taken almost word-for-word from this article that was written April 20, 2015 on the Slack.com site under the subject line “The Wolf Of Wall Tweet.” Here is one of the first sentences in that article, and you will see that it bears a striking resemblance to what the Frank Saunders guy says in the video: “Quicker than any human seemingly could have done it, someone—or rather something—bought $110,530 worth of cheap options on Altera, a company that makes digital circuits.” The more you read of the article after you've listened to the video presentation of the Altronix app scam, the more you will realize they practically plagiarized it!
What they don't say in the video, is that is was later made clear in a Reuters article about the Altera-Intel talks that the actual trades referred to both in the video and in the article, were all done based on information published on the official newswire, and not any Tweets.
The fact remains that there are existing robot trading apps that can read the official news headlines and use them to open trades with lightning speed, but I can guarantee you that the Altronix trading app will not do that for you.
How can I be so sure? Well, because with Binary Options Trading, unlike with regular options, you would not be able to make $2.4 million in a matter of minutes. It's simply not possible, it is not the same type of trading, although it might sound like it is to a novice. Don't get me wrong, with some Binary Options brokers you can open spectacularly large trades of up to $10,000 and get a return of $8,500 in a matter of minutes, but not millions like they're claiming with the Altronix trading app.
So basically what they're doing here is trying to get you to sign up for that car that you just know you shouldn't buy. Take a minute to think about it all, and if you try to leave their site, you get the equivalent of the sales guy telling you that he just spoke to his boss, and they're willing to make you a deal that you just cannot refuse! Don't fall for it!
They try to create scarcity by saying that there are “only 50 spots” available, they claim that space is limited and show you wealth counters where people's accounts are magically increasing, but it's all just a lie! I actually left the site open for some time in my one browser, and then later I opened it up in my other browser and I realized that the amounts supposedly made by the Altronix trading app users had been reset from over $1 million each to just a couple of thousand. Either that, or they had just lost hundreds of thousands of dollars, both are equally bad!
The very next moment when I loaded the site in my other browser, this is what I saw.
Do you see how dramatically different those figures are? You're welcome to try it out for yourself and see just how they are cheating!
You're also welcome to check out the review done by BinaryOptionsSpot.com where they've come to the same conclusion, this software is not something that you should be wasting your time with!
Altronix Trading App Review Conclusion
News trading bots are real, and there are some very clever people with some very fast computers that are making a lot of money by automatically trading news events. However, that is not what you will be getting with this trading app. It is bogus and a waste of your time and money.
You are free to decide for yourself if you deem them good enough. Trade easy!