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The Mobile Binary Code is a binary options trading software launched by MBC Capital. Can it be trusted? Binary trading has recently gained huge popularity as a way to quickly make a decent money for traders without being exposed to massive sudden spikes or drops. One big advantage of binary options trading is that it offers a lot of leverage to the traders without requiring a lot of capital.
Mobile Binary Code is the brainchild of Howard Kessler. During sales video, we are told that Howard is supposedly amongst the top financial traders in the world. In fact, they tell us that he deals with the richest of the top 1% and that he has been using the system to make a lot of money for his clients. He introduces the system by claiming that it has taken a number of top mathematicians, programmers and economic experts, thousands of man-hours as well as millions of dollars to create this software.
He also claims that the system can make thousands of dollars a day without any risk and without doing any work. It sounds too good to be true and that is because any offer with claims like that should not be taken seriously. If you are still thinking of signing up for Mobile Binary Code, let me tell you why I think you shouldn't.
There are quite a few tried and tested binary options trading systems available in the market today that actually work and can make you a lot of money. You should consider signing up for one those systems instead of using this app. You're welcome to browse through our list of top apps and make up your own mind.
Here is a list of reasons why this software is a scam and why we believe Mobile Binary Code will do nothing but clear out your account.
The biggest red flag when it comes to this Mobile Binary Code application is that the creator of this system is not mentioned anywhere online that we could find. If you can find him anywhere else on a reputable site, let us know! If he is one of the biggest financial traders in the world, he should have at least a few interviews published in some recognized financial magazines. In fact, he should have a profile on at least a few major websites that cover the finance industry. Absence of any mention of the software developer online strongly suggests that this is a made up name and has been created just for marketing this particular software.
If you check the domain registration date for mobilebinarycode.net, you will find that the domain for Mobile Binary Code has been registered on June 19, 2016 whereas Howard Kessler claims that it has been in use in beta for many months. Also, it has a private registration which means that the actual owner of the domain is not listed, so we cannot verify the owner of the domain.
Private listing is typically used by individual owners to protect themselves from spam, so this is not unusual, but the site itself is not even protected by SSL. You can determine if a site is protected by SSL by looking for the green lock or bar at the top of the browser window. Any big company like MBC Capital claims to be would most certainly have a secure website, especially when hosting trading software like the Mobile Binary Code.
Howard Kessler makes unrealistic claims that their Mobile Binary Code software hasn't lost a trade for more than three months. It is almost impossible to create software that does not lose a trade over such a long period of time. In fact, I haven't come across a single binary options software system that claims more than an 85% success rate. There is no software in the world that wins all the trades it executes. Yet this is exactly what Mobile Binary Code claims to do for you and I can tell you right now that it's simply not possible.
If you search for name MBC Capital online that claims to have created the software, you will find that the only company mentioned is one based in Nigeria and it does not deal with binary options. The company that supposedly created the Mobile Binary Code therefore clearly does not exist, and yet they claim to be a huge company, so why should we believe anything they're saying?
There are quite a few video testimonials from the supposed beta testers of the Mobile Binary Code software who claim to make thousands of dollars a day by doing nothing. In fact, it is shown that the only work done by the beta tester was that they installed the application and opened an account with a broker. The application did the rest and they made hundreds of dollars an hour and thousands of dollars a day. That sounds very impressive, but remember that this site was only registered a mere month ago at the time of writing this article.
In fact, the creator of the software claims to hire a beta tester through a Craigslist ad. Why will such a well-known financial trader who only deals with the richest people in the world need to revert to using Craigslist for finding beta testers for this software?
It doesn't make sense because it's not true. The testimonials are clearly given by hired actors who are reading from a script.
Possibly the biggest problem with this Mobile Binary Code system is that the guy presenting himself as Howard Kessler previously introduced himself as Larry Landers from the Profits Unlimited system!
This guy is not just claiming to be a spokesperson, in which case it would be understandable that he could represent two different companies. He actually claims to be Howard Kessler himself, and yet he is Larry Landers in another video. Clearly this Mobile Binary Code system is a scam! Stay away from it! Our conclusion is also supported by our friends over at the Binary Options Sheriff.
Binary options trading has created a lot of wealth for a lot of people but due to the huge popularity of binary options trading, a number of unscrupulous businesses have jumped into this niche to take advantage of unsuspecting users. This software is also one in the long list of software that have been created specifically to fleece customers.
It is a software that just connects users to particular brokers and does not do anything else. In other words, you are most likely going to lose money in case you have no experience with binary options trading and you use this software to sign up with their chosen brokers.
It is possible to make good amount of money with binary options trading but you will need to understand the market and trading patterns to make good money. There are some other software options available in the market today that have the potential to make quite a bit of money for users.
Overall, this binary options trading software has scam written all over it. It is recommended to not sign up for this software. Instead, you should take a look at some other genuine options available in the market.
Always remember that even if you sign up for a service through our site that ends up being a non-performer, you are still backed up by our “ETS Guarantee“. This means that you will get FREE access to a private Facebook group of professional traders (they are paid to provide signals) that will not just give you an average of over 80% accurate signals (proven), but will also train you how they do it.
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