Binary options trading can indeed be profitable if you use the right trading system. There are so many automated trading bots available online today that you might be confused as to which ones are legit and which are fake. There are plenty of warning signs if you know what to look for, but luckily, we provide our readers with unbiased and honest reviews of the latest binary options trading systems.

In the following Ultra Binary Trader Review, we will give you our honest opinion of this trading system. Read on to find out more.

What is Ultra Binary Auto Trader?

Ultra Binary Auto Trader is an automated trading software program created by Jacob Adams that claims it can earn traders thousands of dollars in just days. It claims to be so easy that even those with no trading experience can easily use the software. However, even with our years of experience, we found the system a bit confusing and not at all user-friendly. There are plenty of other systems available online that offer free demo accounts and give training advice and tips for new traders.

Also, there was little information on the website about the company. We could not find any way to get a hold of their customer service department. Also, they offer no insight as to how their software determines and predicts trades. We find this lack of basic information to be a deterrent from trading with Ultra Binary Auto Trader.

How does it work?

It’s quite easy to set up an account with Ultra Binary Auto Trader. You simply create an account and the system will automatically send you to one of their designated brokers, with whom you must deposit at least $250. You can use this money to start trading. However, upon further research, we discovered that their withdrawal process is unclear, their brokers are not regulated and that most traders lost their money as opposed to earning any type of profit.

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Final Conclusion: Is Ultra Binary Auto Trader a Scam?

We cannot say at this time that Ultra Binary Auto Trader software is a definite scam, but we found the lack of real and unbiased reviews to be disconcerting. We are not happy with the fact that there is no information about the company or their licensing information listed on their website. We find this to be suspicious and thus do not recommend that you trade with this system. Instead, you should opt for a trading system that has yielded proven results.

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