Nesdek App – Spell S-C-A-M (SCAM)
The Nesdek app is one of the latest auto trading software systems for binary options. Although it’s only been recently released, there are many indicators that already point to the Nesdek app being a scam. We will be digging in to what these indicators are, so that you stay well informed about what to look out for and what your options are. You are of course still free to make up your own mind, but I want you to have all the information at your disposal to make the best decision.
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On the Nesdek Inc website, the one thing that instantly jumps at you is the paid actors in the testimonials section. There are at least two actors that you will find in there, so let's start debunking the Nesdek app right there.
Lisa Powers, who allegedly made $50,000 in her first week using the Nesdek software, is actually ‘Dclover1’ on the marketplace Fiverr.com, where anyone can sell all types of gigs for only $5. Another actor featured in the testimonials section is Peter Jefferson, who is also a paid actor on Fiverr, who goes by the username ‘SimonBaldock’. The only reason we could think of why the scammers running the website would use paid actors is that the software has no legitimate users who will put their names, faces and reputation on the line by saying that the product works as it should.
Brand New Nesdek Website?
While using paid actors to shoot fake video testimonials is unethical, making claims that the Nesdek app software has been helping people for many years is an outright lie. The website was registered only in April 2016. Now, if the Nesdek Corp software existed before that time, the software owners should have posted verifiable proof that their software works. However, we see none of that on the website.
Here’s another item that only proves to us that the Nesdek app is a scam: It offers a 100% Return On Investment (ROI) and a 95% accuracy rate. Anyone who has ever traded binary options knows that no broker in the world offers 100% ROI – the most any broker will give its traders is in the area of 80% to 85%, and often that is for select assets only. On the other hand, even the most seasoned traders – who spend their time analyzing price trends – only have an accuracy level of 85% at best. So, for people behind Nesdek to claim 95% accuracy or making 95% In The Money (ITM) trades is an outright lie that should make anyone run.
At the time of this writing, the website http://www.nesdek.com/ had no content on it. You would think that this supposedly big company like Nesdek Inc would have its own website, but apparently it doesn't. So what does that say about this Nesdek app system? I guess it’s entirely possible that the people behind the scam erased the contents after a surge of negative reviews that claim the software is a scam. But then again, scammers always find a way, and it is entirely possible that the people behind Nesdek will come back flooding the email inboxes of unsuspecting victims with another phony auto trading system under a new name.
Their website is also filled with fake “trust badges” that claim they have SSL security and site verification, but when you click on those badges, you will see they go nowhere. It's just a ploy to trick you into trusting the Nesdek app website.
How Does Binary Options Trading Work?
As we said before, the Nesdek app is literally just one in the sea of binary options auto-trading software systems that have turned out to be nothing more than scam operations. If you are new to binary options, however, you are probably wondering how it all works. Before we get to that, let’s first talk about binary options trading in general.
Binary options trading is a simplified version of the trading systems available online: forex trading, commodities trading, and major company stocks trading. In order to make money with binary options, you need to accurately determine whether or not the price of an asset, for example, a currency pair like EUR/USD, is going to go up or down against the strike price, or the price of the asset at the time that you made the trade. It does not matter if you click on up (CALL) or down (PUT). What matters is that you guess correctly. If you guess correctly, you can get 80% to 85% profit on top of the dollar amount you used to trade. In essence, that is what the Nesdek Corp software is supposed to do for you.
To succeed in binary options, it is critical that you are able to spot a real upward or downward trend in the price. This is something that you do by analyzing price charts. Unfortunately, however, most people are drawn to the promise of easy money by binary options brokers, when what they should be doing is honing their price analysis skills.
This is the reason why there are a lot of people drawn to scams like Nesdek, which promise to automatically detect profit opportunities and make trades on the trader’s behalf, as long as the trader pays. The nesdekcorp.com site or nesdekinc.com site or wherever they try to set up a fake Nesdek Corp or Nesdek Inc site will still not fool us. This article was written before any of those websites even existed!
Is The Nesdek App Worth It?
In our opinion, no. There are simply too many inconsistencies and red flags, Nesdek Inc clearly does not exist and the user testimonials are fake. I realize that you probably came to read this review hoping that you had found something that will make you some extra cash. Nesdek app is not the system that is going to do that for you. Luckily you have other options!
There are more than just a few other systems that we have reviewed on this site that is much better than this!
For a a newcomer to trading binary options, you would benefit from first familiarizing yourself with how binary options work. You can easily do this by simply signing up for a totally free demo account. TradeThunder is an excellent broker to start with, since they offer a completely free demo account! They also have very low starting balance requirements, so you could literally start trading binary options with as little as $20 in your account! Remember to never trade with money that you cannot afford to lose.
In fact, if you goof up and go for a crummy system like this one by the Nesdek Corp, or perhaps go for a really good system that simply doesn't do the trick for you, our team has got you protected with our “ETS Satisfaction Guarantee”.