Glory Trader – Scam or Not

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7 Binary Options

Nowadays there is an abundance of financial instruments that a person can trade online with binary options.

With automated trading systems widely available as well, trading the complicated financial markets is as simple as point and click.

Although these automated trading robots might have helped to simplify the complicated trading process for beginner traders, many traders are still reluctant to use these automated trading systems due to the many fraudulent apps that are available on the internet as well.

Most of these fraudulent Auto Trader systems claim to be able to produce sky high profits for these users without any proof of performance making it difficult for anyone to put their faith in these systems.

So is the Glory Trader automated trading system that was recently launched on the internet one such scheme or is it a legitimate trading robot that can deliver on its promises? Check out our review of it below.

What is the Glory Trader?

Essentially, Glory Trader is a binary options trading robot. Its function is to help simplify the entire trading process so even a beginner trader can start trading like a pro.

Designed to be user friendly, a trader using the Glory Trader system only needs to input the risk level that he is comfortable with as well as the amount that he wants to trade with.

The Members Video is set as private, another clear piece of evidence that this software isn’t legitimate

Once the trader has set the two trading parameters, the Glory Trader will take over the trading process and you can just wait for the trading results.

Sign of a Scam Afoot: Fake Reviews

The person calling himself Phillip Michaels doesn’t show his face or appear to even exist. In our research, we came across no social media or any other profile for someone who asserted to having the key to $1,000 in profits for your first trading hour using his system. So we can’t verify any facts about him even with a Google search.

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But what about some of the claims from users regarding Glory Trader system itself? Don’t believe everything you see on the site. Fake reviews are one of the clear tell-tale signs of a fraudulent system. And too many of these scams do such a poor job of hiding it; with just a little bit of research, the whole house of cards comes tumbling down.

For instance, we know that the photos of Joseph Whiting, Frank Kerr, Gregory Becker, and Summer Roberts are fake as they came from an online stock photo site. Scam developers in the trading industry love using stock photography in their promotional material, particularly when it comes to providing testimonials to convince you of the credibility of their product.

But these people don’t really represent who they profess to be. The real people behind the product are hiding instead of showing their faces because they know their system is a scam.

In fact, the creators of Glory Trader system gathered some of their images from real estate websites to go along with the false testimonials. With a Google search, you can find Stephen Castillo showcased on a website for selling Cedar City property in Utah.

An example of the fake testimonials/reviews used by this trading robot

If they have to fake testimonials in place of real ones, then maybe they have no real, positive ones to showcase. Don’t succumb to their unethical methods and think that you can be an exception. It isn’t worth risking your money…or even your time.

How does it work?

  • Although Glory Trader is said to be an automated trading robot, it also comes with a manual mode for traders who want more control over their trading activities.

By switching to the manual mode, the trader will receive the trading signals generated by the software. The trader then decides if he wants to place a trade based on the signal received.

  • Glory Trader uses a trading algorithm to generate the trading signal that the trades are based on.

It first analyzes the market for trends then based on the analysis predict if prices are going to rise or fall. And once it has managed to identify a profitable opportunity, it will then generate a trading signal and send the signal for the trader to act on.

Above we can see what their platform supposedly looks like

  • The Glory Trader is provided as free software.

However in order to gain access to the software, traders are required to sign up and open a live trading account with one of the recommended brokers. You are also required to make an initial minimum deposit of $250 before you can start using the software to trade.

Final conclusion

While there is only indirect evidence which points to the fact that Glory Trader is scam, we still strongly recommend our readers to avoid using this software while trading the financial markets. There are several reasons for our conclusion.

  1. First of all, we couldn’t find any information about the creator of Glory Trader. Instead what we found were striking similarities in the design and features of the software with two other well known fraudulent apps called Citidel LTD software and Tauribot.
  2. Secondly, there is also no verifiable information concerning the performance of Glory Trader . It likely works in the same manner as other fraudulent apps, trying to induce subscribers to sign up and open an account with an unregulated broker. By doing so, the promoters of Glory Trader will receive a commission.
  3. Furthermore, it is likely that once you have signed up to use this software to trade, the software will automatically take up losing positions and lose all your money.

Please save your money and avoid this software.

Glory Trader Review – Is Glory Trader System A Scam? The Truth About Glory Trader Software By Philip Michaels Reviewed

Glory Trader Review – Glory Trader? Discover the Secrets about Glory Trader in this Glory Trader review!

Dear Friends and family, In this Glory Trader review i will be showing you all the information you need to find out about Glory Trader. I wrote this review to help my family and friends have a much better understanding the Glory Trader system.

I will supplying you the answers to the following questions. Glory Trader What Is It? Does Glory Trader Really Work? Is Glory Trader A Scam?

To find answers to these continue reading my in depth and truthful Glory Trader Review below.

Glory Trader Description:

Name: Glory Trader

Creator: Philip Michaels

Year Of Release: 2020

About: Binary Options.

Glory Trader What Is It?

Glory Trader is generally a binary options trading software app that is designed to help traders win and forecast the market trends with binary options. The software system likewise offers evaluations of the market conditions so that traders can understand exactly what should be your next step. It gives different secret methods that eventually assists. you without using any complicated trading indications.

Does Glory Trader Really Work?

Yes! Glory Trader is a proven and tested system. It is a special binary trading software that has actually been created to make profiting from binary option easy for virtually anyone in the world. Glory Trader software uses an unique algorithm that follows a series of logical steps and a mix of secret trading indicators. All them are incredibly efficient, and have in fact been split tested and fine tuned For people to be successful trading binary options you needed to understand a lot about the marketplace, so you can make the right trades and enhance your chances of making profits. This has essentially kept the industry closed to outsiders. However thanks to the Glory Trader you will not need have any knowledge about the marketplace. Even if you have never traded a day in your life you can start seeing profits in a matter of minutes. .

. Glory Trader Binary Options Trading Strategy

Base the Glory Trader trading method. After you see it working, you can start to implement the technique with regular sized lots. This approach will settle gradually over time. Every Forex binary options trader should select an account type that is in accordance with their needs and expectations. A bigger account does not indicate a bigger revenue potential so it is a great idea to begin small and quickly add to your account as your returns increase based on the winning trading selections the software will choose.

Binary Options Trading

To help you trade binary options effectively, it is essential to have an understanding behind the basics of Binary Options Trading. Currency Trading, or foreign exchange, is based on the viewed value of 2 currencies pairs to one another, and is impacted by the political stability of the country, inflation and interest rates to name a few things. Keep this in mind as you trade and find out more about binary options to optimize your learning experience.

Is Glory Trader A Scam

As Discussed above The Glory Trader System is an easy and efficient way to make money trading binary options. One of the primary factors that lots of people miss out on great opportunities, is that they are worried about being scammed. There are other business around who are claiming to be involved with this credible binary trading system. You have probably seen a lot of different “money making schemes” This is not one of them. Glory Trader has been tried and tested and the outcomes are nothing but amazing.

Glory Trader Positive:

Glory Trader System is free to use just follow to simple step by step instructions in the members area

Glory Trader Software is completely automated and has the option to trade manually

The system is fully web based so there isn’t anything to download

The software is really easy to use, You can start in the next couple of minutes even if you have never ever traded before.

It provides you the capability to trade currencies and stocks

Enables you to make as much as 92 % per trade

Several trading signals upgraded every couple of minutes for maximum profit

24 hour access to the trading signals.

Glory Trader Negative:

Have to a have PC, smartphone or tablet with web connection, Seems you reading this on the internet you have everything you need.

You Must have a couple of minutes a day to use it. Although the manual trading option will take a little longer as you will have to wait a few seconds sometimes minutes for the signal to appear.

Glory Trader Summary

In summary, there are some obvious ideas that have been checked in time, along with some more recent strategies that you may not have thought about. Hopefully, as long as you follow what we suggest in this short article you can start trading with Glory Trader system and enhance on what you have tried in the past. Every thing is easy to understand. All you need to do is follow to easy step and step direction in the Glory Trader Members Area

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