Lazy Trader Software Full Review!
Binary Options HYPE! Honest review and the truths we discovered!
Official website is: lazytraderapp.co
Lazy Trader Software promise to earn you up to $15,986.78 dollars a day, starting today Friday 3rd February just by testing this Free Software for 5 minutes. Promise to make 47 regular people over $150,000 dollars each in the next 10 days. Thanks to some pretty darn amazing engineering, you just relax and let the profits come in. Lazy Trader App is 100% Free of charge. This sounds too good to be true and we decide to investigate further!
Who is Rick Daniels?
Claims to be founder of the Lazy Trader. Harvard dropout, highly intelligent and with a gift for complex mathematics. Rick decides the academic life is not for him. After 10 long years he eventually develops a Lazy Trader System that allows him to automatically generate massive daily cash profits. We did extensive search and all that we found about him is associate only with lazytraderapp.co web site. If he was truly multi-millionaire as he claims, why we cannot find single proof for his existence? Moreover, quick search in Division of Corporations shows, that Lazy Trader is not existing company! This lets us to believe, this person is fabricated for this video! Therefore, we cannot trust anything he says! First indication we are dealing with Scam!
How this Lazy Trader Software Works?
The only thing these people says about how this software actually works, is that have custom made and fully patented trading algorithm called the “Profit Repeater”. This is not enough for us to believe that Lazy Trader Software is profitable!
Disturbing things found!
During this video presentation on Lazy Trader Software we see Steve Hazel live testimonial. He claims that in 10 days the Lazy Trader App manages to make $159,876.89 dollars for him. Quick search in whois.com database shows that domain lazytraderapp.co, which supports Lazy Trader System is register on 30th January 2017. We clearly don’t have 10 days! Therefore, this claim is Fake and we cannot trust it! Second evidence for Scam!
Live presentation to John Stevenson! Starting with new trading account with $250 dollars’ initial deposit. You can adjust trading volume manually, this is good, because that way you have more control over amount of money you trade with. When Lazy Trader Software finds a guarantee profitable trade, shows you “TRADE NOW” button and let you decide if you accept this trade or not. We don’t see anything wrong until the first trade! Adjusting trade amount to $100 dollars, he clicks on trade now button and the trade magically completes instantly! That $100 dollars has just turn into $387.00 dollars! This cannot happen on Real Binary Options Trade EVER!
First of all, trading with Binary Options is not instant! Minimum expiry time of a session is 60 seconds! And second, return rate of trades is between 70% and 85% depending on your broker. This mean you cannot make more than $85 dollars in profit on trade with $100-dollar amount! And yet these people trying to convince us, they manage to make 387% profit! This is a bogus Lie! And sure proof for Scam!
More Alarming things!
Lazy Trader Software only trades when you are GUARANTEED to make a profit! There is no software, bot or broker that can separate wining from losing trades! No one can predict what will happen with certain asset on trade market for any given time! Therefore, we cannot accept these claims for 99.997% wining rate! Another sign for Scam!
One more thing, withdrawal that John Stevenson makes from Lazy Trader Software and these people shows to us is instant. He shows his bank account with $120.17 dollars in it. Then again, these people show us his account with 2,149.17 dollars in it. First one that we notice is Last Visit date and time Thu 11/25/16, 18:28 AM CT. This date and time stays unchanged on both checks on the bank account! Strange right? Well nothing is strange, this is just Fabricate Evidence made to convince us to believe in fairy tales! Moreover, there are no instant withdraws from brokers! To withdraw money from regulated broker takes two or three business days until this money are transferred into your bank account! Therefore, this is another warning sign that we are dealing with Scam!
These people claim, that all of the footage we see in this video presentation, has been fully certified by an independent law firm. Because no one mentions the name of that firm, we cannot verify legitimacy of that claim! Therefore, we don’t trust it nether you should! This is another Big Fat Lie!
What happens when you register on lazytraderapp.co website?
Registering with name and email on lazytraderapp.co website, redirects us to second video demonstration on member’s page. Congratulates us and tells us that we made it and we will be guaranteed to make up to $15,000 dollars every single day for FREE! This will be our once in a lifetime opportunity! We have problem with this claim! No one can guarantee you to make profits from Binary Options Trading every single day! How these people can guarantee any profits during weekends, when the Trading Markets are close! This is another deception and we cannot overlook it lightly!
Until now in first video presentation the name was Lazy Trader Software and now they say, your copy of Profit Repeater Software will be safe only when you complete this very important next step. Well we have two names for this Software! Bizarre yes? This is made to confuse us to not pay attention on the important details! No matter of the name of this software, we prove it that is a Scam!
To start trading Binary Options you need to open new trading account with their trusted broker! To activate your new broker’s account, you need to fund it. Minimum amount of money you need to transfer to this broker is $250 dollars. And because in this video no one says any broker name we cannot confirm if this broker is legit or not! These people assure us, that we can get our money from this broker the same day, usually within a few minutes of our request! To withdraw money from the broker you need first to meet all of this broker terms! And because this is anonymous broker we cannot see these terms!
Another deception is to refer your trading account as your bank account! These scammers are trying to convince us that we have complete control over our money! No we don’t! Money in trading account belongs to you, but the broker invests them in trades! This is your capital to start trading with Binary Options, but the broker has control not you! Moreover, their claim, that you can cash out as much as you like, whenever you like, no fees, no waiting to get your money is another deception! As we said before to withdraw your money form regulated brokers takes time!
When we are dealing with unregulated brokers we don’t have any guarantee if we can ever get a single cent from them! And because we don’t have any company behind this software, we cannot file a complaint to authorities when this happens! This is Dangerous Scam!
Lazy Trader Software Scam Review – Conclusion!
Nothing inside lazytraderapp.co is looking good! That Lazy Trader Software / Profit Repeater Software is a Scam and does not deserve your time and it is clearly made to loot your hard earn money! The crooks behind scams just change the actors, the domains and some names and words here and there, promised fast rewards, almost do nothing except registration, you stay at home and money starts to come to you themselves. If this was true, we all will be millionaires. The real world doesn’t work like that. We simply cannot let you sign up and lose anything with that Scam Software!
Review Verdict: Lazy Trader Software is a Confirmed Scam! Be watchful and Avoid lazytraderapp.co!
Binary Options Trading can be turn into very lucrative income. Unfortunately, emerging markets attract too many liars, impostors and fake software! Therefore, make sure to always rely on good reputed help-trading tools and brokers! Binary Options newcomers must always consider registrations with free demo accounts, until they are more confident to start with real accounts and money! We are trying to reveal all shady Scams, as soon as we can, so you folks can be worn in time!
Questions? Contact us: BinaryHype@gmail.com