Review Of Onassis Alliance – All You Need To Know
- Review Of Onassis Alliance – All You Need To Know
- Verdict for the Onassis Alliance Scam
Onassis Alliance is popping up all over the internet and you need to know if you can trust it or not. Binary options trading has become a huge industry with millions of dollars being traded and lots of services surrounding it. It's a strong market with incredible potential, but many new traders need an easy way to get started. This is where binary options auto traders and signal providers can help you.
Is Onassis Alliance a Good System?
There are a few hallmarks of a bad binary options trading system. We will be scanning through the Onassis Alliance system to determine how many of those scam boxes it ticks off.
This review is therefore going to analyze the intricacies of the “Onassis Alliance” and if this is a good software solution to have on your side while trading.
Onassis Alliance Key Features
1) Automated algorithm for easier binary trading
2) Created By Jed Onassis (supposedly an online trading guru)
3) 97.4% Success rate on all trades
4) Start with $250 investment with trusted broker
5) Earn thousands of dollars per day
Onassis Alliance Fake Reviews
The reviews are always a good place to start with an analysis of new products that have entered the market. This helps you gauge if they are the real deal or not.
With this software, they are using fake reviews on the site as “testimonials,” which is unfortunate because they do appear real to those who don't have a trained eye.
All of the testimonials have been created by the product owner without any regard for those who are going to be reading them.
They have used random images and put them on their site to make them appear legitimate.
Win Rates and Trading Strategy
The Onassis Alliance says that they have an accuracy rate of 97.4%. That is a very big statement to make, and I can tell you that it's virtually impossible to live up to. Even the top binary options traders rarely get it right more than 85% of the time.
Now, the thing is that even an 85% win rate will make you a lot of money. The fact that they're saying you will get a win rate of 97.4% with Onassis Alliance means tha they are trying to inflate their numbers to sound impressive. Don't fall for it, they're not going to achieve that.
The other issue with their offer is that they claim that when the system detects that a trade is going to lose, it opens an opposing trade. Now, that simply won't work. The reason it will not work is because the highest payout you will get from any broker is around 85% to 90% in some cases. What that means, is that even if you are able to open an opposing trade at the right spot, you will still not be able to recoup the losses.
Opening an opposing trade is a valid strategy to limit losses, but it is not a surefire way to break even. That's just not going to happen.
Random Figures Listed
With Onassis Alliance, you have to look at the figures cited on their site first. This is a good starting point to see if they're legitimate or wasting your time. In this regard, it's the latter point because they are wasting your time.
The figures don't make sense.
They are stating numbers that don't fit with the software they are presenting.
The Onassis Alliance software claim is you only need to deposit $250 to get started, but you will be able to earn five figures right off the bat. This is impossible and is not going to happen.
Impossible Results Claimed As Fact
The results being claimed by Onassis Alliance are next to impossible regardless of how many years you have done this for. You could be the greatest binary options trader and still not be able to hit 97% with your trading. It doesn't happen.
Yes, the best can get into the 80s, but no one is going to get anywhere close to 97%.
This algorithm is bogus, but the claims are wonky even for a software solution.
The one thing you always want to lean on are the founders, but no one has a clue as to who has made this and where they have come from. The person behind this goes by the name of “Jed Onassis” and states he is an online trader guru. This is great, but it's not true, and that ends the claim right there.
He is a person that's been created out of thin air.
He doesn't have a record in the industry nor is he a real person for that matter. He's been used in other scams in the past. Now, I can understand if a CEO of a company does not want to go through all the issues of making a video of himself (or herself). However, in this case that is just not going to fly. They have used a video actor for the site, and it's unfortunate to see such a scam being presented to people as a legitimate product.
Verdict for the Onassis Alliance Scam
Onassis Alliance is a mediocre binary options trading solution and one that shouldn't be on your radar at all. It's a waste of time, and they are not offering anything of value with this solution. It's a complete scam and something a person should steer away from as soon as possible.
There are better options for binary options trading than Onassis Alliance, and you should be considering them instead.
Why go with something that is going to push you towards bankruptcy when there are better choices to improve your chances on the market?
Ignore this product and move on to one of our tried and tested systems by clicking on one of the options below.