As binary options trading become increasingly popular, it is inevitable that we will see more and more trading sites appear online. Sadly, a great number of these trading systems are shady and may turn out to be scams. There are plenty of warning signs one can look for when trying to determine if a site is trustworthy. One of the best ways is to research the broker or trading system online and look for off-site reviews as those will be the most unbiased.

Binary Meta Bot by Sir Roger Thorne is a fairly new trading software system that is both fully automated and claims huge profits for traders. Can they, in fact, be trusted or are they a scam like so many others? Read our Binary Meta Bot review to find out the scoop.

What Is Binary Meta Bot?

Binary Meta Bot was created by a Sir Roger Thorne, who claims he was a professor at Oxford University and used his extensive knowledge and experience in the binary options trading market to create Binary Meta Bot. He promises that Binary Meta Bot has a 98% winning rate.  First of all 98% winning percentage is completely unrealistic. Even the most trusted trading platforms and automated systems have a winning rate of around 87%.

Our team took the time to conduct research on Sir Roger Throne to see if he is who he claims to be. Sadly, we could not find any record of a Roger Thorne, Sir or not, that has either taught at or even attended, Oxford University, in the time period that he claimed. Also, we recognized his face from a previous binary options scam entitled “Binary App 810” where he used the name “John Callaghan.” So sadly, we are already being misled. Based on this fact alone, we cannot recommend Binary Meta Bot. It doesn’t help that many traders who have used this service are complaining that they have lost their initial deposit and are unable to contact customer service for a refund.

How Does It Work?

In order to be able to trade with Binary Meta Bot, you must first sign up with one of their recommended brokers. Next you must deposit at least $250 to fund your trading account. Only then can you start trading. This system is automated so you are able to set it to place trades on your behalf. If and when it generates any profits, you may then start the withdrawal process to receive your earnings.

However, we were dismayed when we discovered that a great many of their brokers are not regulated. Also, their withdrawal process is a bit unclear as it varies by broker. They have received many complaints regarding their withdrawal process, as well as their customer support.

Conclusion: Is Binary Meta Bot by Sir Roger Thorne a Scam?

 

At this time, we have no concrete proof that Binary Meta Bot is a scam, but due to the fact that Sir Roger Thorne does not exist and that there are a great many complaints against this system, we cannot recommend it to our readers. We strongly urge you to trade with a system that has proven results.

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