Tokyo Bot
With the vast amount of binary options trading systems available online today, it is important to be able to distinguish the scams from the real deal. It seems that every week we were prone to at least one scam trying to steal our hard earned savings. In the following article, we shall take a look at Tokyo Bot to see if this system is reliable or just another scam.
Basic information:
Cost: Free
Software: 100% Automated
Max Returns: Up to 90%
Minimum Deposit: $200
Countries: All nations
Pros:
- User-friendly interface
- 100% automated
Cons:
- Customer service does not respond to queries
- No proof of actual profits
- Brokers are not registered
- Too many customer complaints
7BO Verdict:
Not Reliable Service
What is Tokyo Bot?
Tokyo Bot is an automated binary option trading system, created by Hiro Katsumi that supposedly mirror the trades of Japanese traders, who Katsumi claims have a much higher success rate than other traders. Is this true or is Katsumi just trying to convince us to sign up for a phony trading system?
Katsumi claims that Tokyo Bot uses highly sophisticated algorithms to successfully predict binary options trades and has an unsurpassed winning rate. However, once we learned that Katsuni is simply a paid actor rather than the founder of CEO (as he claims) we had great difficulty believing anything he told us from that point.
In addition to the fact that the CEO is a farce, we could find no proof that Tokyo Bot actually produces the profits advertised on their sales page. We highly doubt that this is a legitimate system.
Screenshot
How to Get Started
Similar to most trading systems, you need to create an account and register with one of their designed brokers. We need to point out that we could not find valid proof that any of the brokers listed on this site are actually registered. We do not recommend signing with a system that does not have listened to brokers.
Next, you make an initial deposit, select your desired trading parameters and then wait while the system initiates trades on your behalf. If and win the system accurately predicts any trades, you will be able to withdraw your profits dependent upon the guidelines set forth by your individual broker.
Is Tokyo Bot a Scam?
While we cannot say for certain that Tokyo Bot is a scam, we highly recommend that you sign with a system that has been proven to be trustworthy. This system does not produce the initial results it advertises. We feel that there are many more reliable systems available. We strongly advise that if you do choose to trade with this system that you do so at your own risk.
Final Conclusion
Based on our detailed research into Tokyo Bot, we cannot recommend this trading system. We strongly advise that you chose another trading system as there are no positive reviews for this trading system. We want to see our readers succeed in binary options trading and feel that this system will only steal your investment.
Recommended Brokers:
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7 Binary Options review: Tokyo Bot Review: stars.