In this Binary Option Club Review, I will reveal this social trading app and results of trade copying software. Paul Schafer the person behind Binary Option Club if fictitious. Please read the full review and I will provide your factual information about this potentially dangerous app.
BinaryOptionClub Website: http://www.binaryoptionclub.com/lp.php
Binary Options Club apart from their professional design has everything common with binary options scam sites. For example, just after you sign up, they will ask you to open and fund an account with their brokers. There is virtually no way to test the app on a demo account before playing with real money.
One of the most distinguishing feature of Binary Options Club is the ability to copy trades of experts. Now the website has a default set of their own experts.
The first thing you will notice is, that there is no picture of the experts. The only reason they haven’t posted the picture because there is no real person behind the fake profiles. They simply didn’t steal the image of some renowned trading expert because this will get them into trouble. Therefore, they have opted not to post any picture instead.
Secondly, there is no statement, either verifiable or unverifiable. There is no track record of experts, and no corresponding historic trades. So you never know for sure either their so called experts are really experts or not.
Accuracy of the App
After testing the app we attained an accuracy of around 47% which is even less than the toss of a coin. I have never heard anybody who has attained an accuracy of more than 50% with Binary Option Club. So it is confirmed either the app has some bot behind the scene and using fake experts. Or the experts they are claiming are just some ordinary random trader.
Binary Option Club Review Summary
Paul Schafer is a fictitious person, there is no picture or profile of him. In addition, the experts they are claiming haven’t achieved more than 50% accuracy for anyone. There is no profile of experts with picture and historic trades plus statistics. The app is not what they are claiming it to be. My advice is to avoid it. It is a complete waste of time and money.