Is GoldDigger.trade The Best Binary Bot Ever or a Clever Scam?
Disclosure: We might get a commission fee if you sign up through any of our links.
We're starting to see impressive results from Ronald Kravchuk and Antony Kemble's latest offering, Gold Digger.trade app. The Gold Digger app differs from other offers right from the start. Unlike the creators of most other binary trading signals services, they actually have a substantial online presence that can be verified. That means that they're real people, not actors. This already places their offering in a unique spot.
Our initial review of the Gold Digger app was pretty skeptical, and we still encourage you to come to your own conclusion. However, we have to respond to an overwhelming number of users reporting winning trades of over 80%, and a recent poll that shows that the Gold Digger app has been making people a lot of money.
UPDATE: September 21st – I've been making money on this myself, but I've been sure to take the trades as soon as possible after the signal appears, which is how I believe it is supposed to work. These are not 60 second trades, but generally speaking longer trades are less risky, especially during volatile markets. Also note that due to legal restrictions in some countries, GoldDigger.trade may not be a fully automated system for you. This is not necessarily a bad thing, having some control over your trading is actually good.
Here are trading results from someone that actually traded Gold on the Gold Digger app:
Here are my own trading results, but on currencies, I didn't trade a lot, primarily because I actually prefer doing my own trades, but here are my results nevertheless:
|put||834819||Bloombex||USD/CAD||15/09/2015 11:33||1.32471||15/09/2015 13:30||1.32398||$25||$45||Won|
|call||832319||Bloombex||NZD/USD||14/09/2015 15:36||0.63309||14/09/2015 16:00||0.63311||$25||$44.5||Won|
|put||832062||Bloombex||USD/CHF||14/09/2015 12:01||0.96851||14/09/2015 13:00||0.96806||$25||$45||Won|
|put||830062||Bloombex||NZD/USD||13/09/2015 20:14||0.63252||13/09/2015 21:00||0.63127||$25||$45||Won|
|call||827492||Bloombex||USD/CAD||11/09/2015 05:50||1.32638||11/09/2015 10:10||1.32531||$25||$0||Lost|
|call||826743||Bloombex||GOLD||10/09/2015 22:01||1112.476||10/09/2015 22:30||1112.275||$40||$0||Lost|
|call||826681||Bloombex||EUR/USD||10/09/2015 21:34||1.12846||10/09/2015 21:45||1.12856||$25||$45||Won|
As you can see, I also didn't trade Gold, and I tested the Gold Digger app over a number of days in order to test the performance in different market conditions. I got a 71% ITM rate, which is very respectable.
To put things into perspective, what does a 71% win rate mean when you're trading Binary Options? Take a look at the screen capture below of an Excel sheet that shows you the results:
That might be a little fuzzy, but it basically shows that with an average 71% win ratio, and only using 5% of your initial capital, you can make $7,838 per month by your fourth month! From there onward I made the maximum trade $250, but you could double it up.
I suggest you make up your own mind as to whether it is a Gold Digger scam, or not. If you want to check it out for yourself, click on the button below. In order to protect you and to comply with regulations, all brokers will ask you for some form of visual identification, such as your driver’s license, as well as the last 4 digits of your credit card, and proof of residency. This is standard practice and you should expect to be asked for this type of documentation. However, you should note that they must allow you to blur or block out your driver’s license number and the first digits of your credit card.
Below some poll results are shown that was made available to us by the developers:
GoldDigger.trade Review Summary:
- Annoying Browser Pop-Ups: Yes
- Fake Scarcity Counter: No
- Paid Actor Testimonials: No
- Impossible Revenue Gains: No
- Comes Across As Authentic: Yes
- Convincing Proof of Profits: No
- Possibility of Being a Scam: 33%
- Price: Free. Have to sign up with one of their brokers.
The booming voice on the video start out by telling us that “nothing comes close to Gold” when it comes to making money. It is true that Gold has always been a safe-haven, but it is certainly not the only way to make money. Interestingly enough, their website mentions that Silver and Forex levels are considered as well, but it appears that it is only used to determine the direction of Gold trades.
The Gold Digger app video mentions that all of their results are notary verified, and to check the results below their video. Well, I checked out http://notariatschmidt.de/ as indicated on the document they show, and the site exists. Peter Schmidt also appears to be a real person, whose photo matches what they're showing. The Gold-Digger.trade and GoldDigger.trade sites (which appear to be identical) shows losing, winning as well as N/A (not applicable) trades, which is good. The links we have here will take you to Gold-Digger.trade, below is a live feed provided to show their trades, winners as well as losses:
Antony Kemble (36, with an IQ of 147) and Ronald Kravchuk (32) are two rocket scientists from Russia (of course, right?) who have launched a number of trading bots over the last 9 years. Among others, they developed the “GPS Forex Robot” which the Gold Digger app video claims has never had a losing month in 9 years. They dare us to go check it out on MyFXBook.com which I did, and I was pleasantly surprised to actually find some very decent results. The only thing was that according to MyFXBook, they had one month back in 2014 that was a loss – still very impressive!
Here's some photos of Ronald Kravchuk and Antony Kemble, from back when they started out, which proves that they have been friends and have been working on this for a number of years, before they launched GoldDigger.trade.
Here's a more recent pic, clearly showing how they have aged a bit (and put on some weight, which they actually joke about on one of their sites), so I have no doubt that they are legit. And if they're legit, it gives a lot more credibility to GoldDigger.trade.
In 2012, Ronald Kravchuk and Antony Kemble released the first version of a Commodity Robot, which was the precursor to Gold Digger app, it focused on trading several profitable commodities such as Gold, Silver and Oil. This version was primarily marketed to private investors and hedge fund managers for $12,999 per license, which sold out all copies within 11 hours. With their Gold Digger app they're making their knowledge available to a much wider range of traders, and they claim that “with just a few hundred bucks you can go in and profit as much as an insane 2500 USD per week!!! “. Making $2,500 per week is definitely attainable, so I've got no problem with them saying that. If the Gold Digger trade application can deliver that consistently, it would be very impressive.
The Gold Digger app has two portions to it, the actual Gold Digger trade application that you download, as well as the trading that is done through your browser. The Gold Digger trade application itself is not required to trade, but apparently makes it more convenient. You will need to sign up with a broker and fund your account, and this is pretty standard for all binary trading signal services. In my case, Gold Digger assigned me to BeeOptions.com, I've had an account with them before and trust them. If you also end up with BeeOptions, just be aware that their communication is not of the fastest, and they only process withdrawals on Thursdays, irrespective of when you requested it.
The video explains that the Gold Digger app works with a 400:1 leverage, meaning that you end up trading with a much larger chunk of the market, and they do this with high frequency trading, meaning that they often take small trades that pay out a lot of money. There's three steps to getting started with their software, the first step is to download their app, second, activate your membership by funding your account with a broker, and third, collect your profits that they claim are between 180% to 450% per week.
The developers, Ronald Kravchuk and Antony Kemble, collect a 1c commission on each winning trade, with no other monthly fees or subscriptions. The only restriction they place on you is that you can only withdraw $9,000 profits per week. This sounds a bit strange to me, but it's possible that it forms part of a bonus agreement with the brokers, which often place restrictions on how much profits you can withdraw at a time. They say that it is due to thousands of trades being placed through the Gold Digger trade app and protecting the profits of the members. I still don't get it, but $9,000 per week is not bad at all.
When I initially downloaded the GoldDigger.trade software onto my computer, I had a spyware scare because my antivirus popped up an alert, but a subsequent test came up clean. I'm glad about that, but thankfully you don't even need to download the desktop app, you can use GoldDigger.trade online without the download. The developers also make a big deal about the Gold Digger app being virus and malware free:
When you do install the software, make sure that it shows “Perspecta Ltd” as the verified publisher, that way you know you have the authentic Gold Digger app. As I mentioned earlier, you do not need to download the desktop app in order to make the Gold Digger trader work, and I would suggest that you go that route.
The real question is what do you think of Ronald Kravchuk and Antony Kemble and their GoldDigger.trade app? Maybe the best would be for you to check it out yourself – click here.
I recorded a video of my initial results with the Gold Digger app over the weekend, but it is no longer valid since I've been getting much better results recently. I guess I should not have started trading late on a Friday and expect good results… Yes, I know, I shouldn't have done that, but I wanted to provide an early Gold Digger review. My mistake, I'll post an update later this week. At this point, the feedback we're getting from various sources all point to the conclusion that this might be one of the best binary options auto-traders yet this year.
If you're not ready to take the plunge, there are alternative binary options signal services – click here. If you simply want to see what trading binary options are like, try out TradeThunder. They’re a new broker, but they offer a great 100% free demo account.