Mike’s Auto Trader Review

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Mike’s Auto Trader Review

Mike’s Auto Trader was developed by Michael Freeman, who has an almost legendary status among binary options traders. He has a YouTube channel with 15,000 subscribers and hundreds of videos. Michael also promises to answer every question asked by his subscribers. In this review, I will describe the most important features of this software, compare it to other binary option robots and tell you what kind of investor can benefit most from using it.

Mike’s Auto Trader is:

  • Not just trading software, but also a community;
  • An excellent signal provider. It provides completely accurate signals, which are especially useful for traders who struggle to trade binary options by themselves;
  • All Michael Freeman’s knowledge gathered in one place to help you earn more money;
  • Completely free for all our readers.

The first version of Mike’s Auto Trader was developed a few years ago, but since then, Mike has applied many upgrades, which have significantly improved this binary options robot. However, you do not have to take my word for it. Watch this excellent video demo, to see Michael explain why you should try his auto trader.

As our reader, you will get Mike’s Auto Trader completely free of charge. To take advantage of this excellent offer, just click on the button below the video

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    Mike’s Auto Trader Review

    Mike’s Auto Trader is not just trading software; it is more like a community of binary options traders through which you can interact with others and develop your skills as a trader. The software is a sort of extra freebie that you will get if you decide to join this community. The most important free “feature” that you will get is the extensive knowledge and help of Michael Freeman. He is one of the most competent binary options trader around. The kind of following he has nowadays did not happen by accident. It is obvious that Michael has done many things right and is truly supportive of and helpful to everyone who has joined his community. Below are two actual testimonials about Michael Freeman and his auto trader.

    Testimonials

    Most Important features

    • The auto trader is 100% free. Mike used to require donations to charity, but it is not mandatory to our readers. By registering the software, you will also get access to his exclusive Facebook group. We cannot promise that this offer will last forever, so I recommend that you register immediately.
    • It is 100% web based. You do not need to download anything. So, the software does not take your valuable processing power. Mike has tested the compatibility of the software with every operating system, so it doesn’t matter if you use Mac OS X, Windows, or another operating system. This binary robot always works like a charm.
    • Traders from all countries are welcome. Mike does not discriminate, so it does not matter if you are from the United States or from Turkey; you are more than welcome to use his auto trader. This is an extremely important feature now that many brokers have set restrictions on customers from certain countries.
    • Compatible with trusted broker sites. The auto trader is only compatible with the most trustworthy brokers, such as and AnyOption, which have hundreds of thousands of customers and years of experience, so you do not have to worry about being scammed.
    • Michael Freeman has put his name and reputation on the line with this software. This is actually not a feature, but an important fact. When real people put their face and reputation on the line, you can be completely sure that they have honest intentions; this is precisely the case with Michael Freeman.
    • Extremely easy to setup. Even complete beginners can start using this software; actually, it is one of the best options if you are a novice investor, considering the fact that, with this robot, you will also get extensive educational materials and help from Michael Freeman to help develop your investing skills.

    Mike’s Auto Trader is not just a robot. When you start to use the software, you also join the community.

    Other Important Facts

    • It is actually not a binary robot, but a signal provider. Unlike other robots, Mike’s Auto Trader is a signal provider, not fully automated trading software. You cannot go to the beach or work and let the auto trader make you money without any effort. You have to set the final investments yourself. Therefore, the final responsibility is always yours.
    • Only a limited amount of trades per day. This software is more conservative, you will not get a huge number of signals per day, you will only get the best ones, signals which have the highest probability to be profitable. If you are a high volume trader, I recommend that you also use other auto traders beside this, so that you can get enough trades.
    • It is able to provide winning signals consistently. In my own test, I have obtained a little over 70% return rate, and 15 out of the 20 signals that the software provided went right, which is much more than what some of the other auto traders are able to produce. Mike’s Auto Trader is especially good in predicting movements of currency pairs. Actually, if you are into forex trading, this robot is almost mandatory if you want to make as much profit as possible.

    After you have registered the auto trader, you will also be able to join Mike’s exclusive Facebook group.

    Mike’s Auto Trader vs. Other Binary Robots

    There are some similarities but also some big differences between Mike’s Auto Trader and other binary robots. Certain kinds of investor will benefit from different software. Next, I will reveal who should use Mike’s software and who should perhaps use another binary robot.

    Who Should Use This Software?

    • Investors who need a mentor. If you are looking for a binary options mentor, there is no one better than Michael Freeman. He has many years of experience with binary options and teaching others how to earn with them. In addition, it is completely obvious that he stands by his word and does what he promises. Therefore, if you have noticed that you can learn new things easier with the assistance of an excellent coach, this software is the right choice for you.
    • Investors who are eager learners. If you have a passion for learning new things, the resources provided with this robot are huge. You get to talk to other investors on a daily basis, to network and to learn from successful investors from all over the world; and best of all you will probably earn a lot of money.
    • Investors who are social by nature. If you are a social person by nature and if you like to talk with people, share information and ask questions when something comes to mind, then Mike’s Auto Trader is probably the right binary robot for you. Even though Mike does not market it that way, you could call it a social trading platform in the same way Copyop
    • Investors who want to earn as much money as possible and are willing to work hard for it. If you just want to earn “easy money” with binary options (which may be possible until more investors discover this opportunity), Mike’s is not the right choice; but if you want to do this for years or perhaps decades, Mike’s Auto Trader is the way to go. With it, you will develop your skills, not just your wallet, which means that, in the future, you can stay ahead of those investors who started later on and are not willing to work as hard as you. If you want to be a professional binary options investor at some point in time, then this auto trader is ideal for you.
    • Those who are interested in Michael Freeman as a person. Let’s face it, Mike is very charismatic, generous (he has already donated over $20,000 of his profits to charity), a great teacher and an overall straightforward person. If this software were to be marketed by the typical software developer or investor, it would not be as popular as it is today. Mike is the kind of person you really want as a mentor.

    Mike’s Auto Trader trading platform is clear and user-friendly.

    This Software Might Not Be Suitable For

    • Investors who want to “get off light”. If you just want to earn money easily without any work, Binary Option Robot is better option. However, using Mike’s Auto Trader is a better option than investing fully independently, even if you want to “get off light”.
    • Investors who are not interested in binary options. If you do not have any interest in binary options, then this is not the easiest way to earn money. In this case, I recommend some physical work which always be in demand, such as lawn cutting or driving a taxi. In order to succeed, you will need to have at least some kind of interest in and motivation for studying new things and asking questions.
    • Investors that don’t have time to use the software. Considering this robot is not fully automated, you need to have at least 1-2 hours a day, 2 or 3 days a week to put the trades on. If you want the best possible results, then you should be ready to spend even more time using the auto trader.
    • If you are a high volume trader and want to use only one application. Considering the number of signals you will receive is not high, if you are trading a high volume and do not want to use more than one binary robot at a time for some reason, then Mike’s Auto Trader may not be the best option for you. Despite this, I recommend you sign up now while the software is available free of charge. If you later want to start using more applications at the same time, then you will be able to access Mike’s services without any additional charge.

    How Does The Mike’s Auto Trader Work?

    As with other binary robots, this software is based on the use of pre-defined algorithms. These algorithms are developed and kept secret by Michael Freeman. If these were public, anyone could calculate the formula and develop their own auto trader with the use of Mike’s formula. Due to copyright issues of binary options applications still under development, legal actions against thieves would be extremely difficult and expensive to conduct, especially when thieves operate in countries where it would be almost impossible to catch them. Therefore, we were forced to choose the second best option, which is to provide the signals but keep the formulas secret. This does not affect you as an investor in any way; you will get the same signals in the same way.

    How Much Can You Earn With The Software ?

    This is perhaps the question that has been on your mind since you started reading this article. The straight answer is that, it is impossible to say, it depends on many factors. What is your level of knowledge when you start? What amount of money you start with? How big of a risk you are willing to take? Some people earn thousands of dollars in a week. Some lose small sums of money at the beginning, before they start generating profit. I recommend Mike’s Auto Trader as a long-term tool. Do not think about how much you will earn instantly; instead, think that you are trying to become the best possible investor, and that you have access to this great resource completely free of charge in order to speed up this process and make it easier.

    Is Mike’s Auto Trader a Scam?

    Mike’s Auto Trader is definitely not a scam. Actually, it has all the main features that completely prove that it was only made with honest intentions. These facts show it is not a scam:

    • There is an actual person behind the software. Scammers would not bother to do something like this. In truth, it would be stupid to do so; if you try to scam people with your own face, you will surely be discovered and caught. In addition, all the people you scam would also try to find you in order to get their money back. No scammer would be willing to risk their own reputation and name.
    • The software is available for free. Scammers always try to steal people’s money as quickly as possible. Why would they offer this software for free? Scammers may lure customers with a free auto trader, so that trust is gained, before scamming them. Still, this is not the easiest way to scam people and definitely not the case here.
    • Mike’s Auto Trader is professional looking. It is clear that a lot of time and money has been applied to its development. Scammers would not waste their time and money on such a venture; instead, they would quickly create simple software to serve their dishonest purposes.

    Conclusion and Overall Rating

    Mike’s Auto Trader is one of the most fascinating binary robots currently available on the market. Both experienced and inexperienced investors will benefit greatly from its use. Even in my short test, I have clearly noticed how much I can benefit from using the software. In the future, I will also use it on a regular basis, considering I have no reason not to, especially because I can get it free of charge. Michael Freeman seems to be a man of principle and values, so I am sure that the software will continue evolving at a rapid pace. I will be really surprised if it is still available for free a year from now.

    Register Mike’s Auto Trader For Free By Clicking On The Button Below

    Mike’s Auto Trader

    Mike’s auto trader is a free binary options trading system. These types of systems are usually much maligned on binary today but this developer has a reputation in the binary options community so I can’t just gloss over this opportunity.

    Today I’ll be providing a review and letting you know what I think.

    Your rating: [ratings >

    Mike’s Auto Trader Review

    Mike runs a website with a handful of broker reviews, strategies and a bunch of YouTube videos. He decided after getting involved in this market to put together his own system, Mike’s auto trader. This is a 100% automated binary options software.

    I decided to watch the video on the front page of Mike’s website and he explains how he has the most popular YouTube channel in the binary options market. He also provides us with information about his website and some of the scams that he has helped people avoid. This is something I also do here at binary today and so I’m definitely sympathetic to his cause. After finding out about Mike I am still left wondering about the software itself. I was really hoping that he would get into intricate details of the strategy being used by Mike’s auto trader before I give it the keys to my binary options broker account.

    Unlike other binary options systems like this Mike’s auto trader allows clients to sign up with 7 different brokerage accounts. We know he is not a direct affiliate with just one broker which makes it easier for us to trust him. The 7 brokers are GTOptions, Titantrade, Lbinary, Interactive Option, OneTwoTrade, OptionRally and BigOption. I really prefer to use my own brokerage boss capital because I’ve been with them for a long time now and I have both a trust and comfort level with them. Sadly my brokerage isn’t compatible with his software so I probably won’t be getting involved with it but that doesn’t mean you shouldn’t.

    At this point in time I will not be giving Mike’s auto trader my recommendation because I haven’t tried it yet. I really like to hear from some people that use the software successfully. I’ve tried to do quite a bit of research but haven’t been able to any real users that have traded with his auto trading system. I found a few people saying that the signal service you provided in the past was good but nothing about this new service. Please let me know if you use this software and if you do use it show me some of the results you’ve been having so I can better inform the binary today community. Thanks for reading this review today and once I get a better understanding of the system I will let you know if it is worth the investment.

    BinarySoftware.orgHonest Software and Broker Reviews

    Mike`s Auto Trader Review

    Mike’s Auto Trader is a web-based Binary Options semi-automated trading platform which uses algorithms to generate trading signals every day. The platform is compatible with number of brokers and at present, boasts of an average ITM [In the Money] trading rate of up to 80% per month. As with all trading platforms, investors should remember that the performance of this auto trader varies with each trade and day. Some traders who experience losing streaks may regard auto trader sites as scam platforms when lose on a few trades. Losing on a few trades is all part of the trading experience as no service is perfect, every good investor knows this. In the review below, we’re going to delve deeper into Mike’s Auto Trader, providing both its strong and weak points.

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    Introduction

    Mike’s Auto Trader is a creation of Michael Freeman. Mike, as he is commonly known, is one of the leading mentors in the binary trading options market. His trading platform, which is powered by proprietary software, is also a strong player in the binary options robot industry. This firm has earned quite the following, and traders who follow his advice has reported good results. But there are also some who has reported that they have lost their money quickly with this software. The software in use here isn’t new but it has recently been revamped in order to detect and place even more winning trades.

    Michael Freeman is pretty well-known figure in binary options world, but is his auto trader software trustworthy?

    Mike was among the very first people who offered mentoring lessons to binary options traders having been an integral part of this industry for years. Mike has over the years provided a lot of trading knowledge to the binary options community, through offering hundreds of free strategies on his web portal, plus on his YouTube channel which hosts hundreds of videos relating to the world of trading on binary options. The YouTube channel is followed by over 15,000 subscribers, making it one of the widest binary options channel in the market.

    When the auto trader was launched, all the members of Mike’s signal group on Facebook were approved automatically to use the trading platform without making any new deposits with affiliate brokers. This was a way to reward the loyal subscribers. Mike also changed upped the stakes when it comes to raising money for charity; when the auto trader was first released, investors who wanted to access the software needed to donate a minimum of $50 to a charity organization of their choice then email receipts. This was in order for all the donations to be tallied towards raising money to create awareness for Syrian orphans.

    This method of registration has managed to raise over $100,000 for charity so far. Though you are no longer required to donate money in order to access the auto trader, you may still be asked to make a donation towards this initiative but it’s completely on a voluntary basis.

    Mikes auto trader have its own very popular Facebook group

    Should You Use Mike’s Auto Trader?

    This platform is more than trading software. It is also a community of traders that affords you a chance to interact with other traders while developing your trading edge. The software is free and you will also get the extensive knowledge of Michael Freeman, the firm’s founder. The platform uses semi-automatic binary options trading software to make life easy for its traders. This is through simplifying as well as automating the technical analysis modules plus the process of applying trading signals to brokers’ accounts.

    Here’s how: signals are generated 24 hours every day for 5 days a week according to the auto trading scripts, and then users are free to choose the signals they wish to go with. Upon choosing a signal, the user will then select a trade amount that will allow him/her to control the risk he/she is willing to take on that signal. The minimum trade amount has been set at a low of $25.

    To sign up with Mike’s Auto Trader is free. The only requirement is a broker registration and a minimum deposit of $250. However, the recommended deposit is at least $500 considering the best practice in money management is trading about 5% of your total balance. In the past, there was a requirement for every new member to make a donation to a charitable cause when signing up. Today, it’s not really a requirement though it’s highly encouraged.

    After registration, the software itself has the option of automatically choosing the broker. Unlike other binary options platforms, this one allows you to sign up with a number of several different brokers that includes; One-Two Trade, Interactive Option, Lbinary, Titantrade, OptionRally, GTOptions, BigOption and AnyOption. The fact that Mike’s Auto Trader is a direct affiliate with many brokerage houses makes it easier for many traders to sign up.

    You have to be a confident trader with a passion in trading and the willingness to dance with the markets. Should you choose to rely on your own strategies, it may take you a long time plus much effort to master the trading techniques. However, should you want to learn swiftly while still trading, you might want to check out the trading strategies presented on Mike’s blog. The blog offers a slew of interesting technical strategies for those traders who are looking to learn the art of trading binary options manually.

    In my personal opinion this is very time consuming process overall. I would rather use fully automated trading software like binary option robot or binary hedge fund

    Mike’s Manual Signals Facebook Group

    Joining Mike’s group ensures that you receive trading signals [between 20-30 signals every day] from professional traders. In addition, the group is a learning community where you stand a chance to gain access to educational webinars while being able to ask any questions concerning binary options trading. Here, trading signals are sent to members through Facebook.

    There’s also an option to configure your Facebook account so it sends you signals via email or SMS. Of greater importance is the fact that, with the huge number of professional signal providers within the group, you are able to receive trading signals constantly at any time of the day every five days in the week. This means your time zone is really irrelevant no matter where you are from.

    Mikes auto trader facbook group is somehow useful, but if you are using topnotch software like binary option robot or copyop, it is basically useless for you.

    The Important Features

    • It’s compatible with a number of broker sites. Mike’s Auto Trader is absolutely compatible with among the most trustworthy brokers’ sites such as “AnyOption” and “GTOptions”. These two brokers boast of hundreds of thousands of clients plus years of experience meaning you won’t be worried about getting scammed.
    • Mike’s Auto Trader is free. Users were formerly required to make a donation to charity but that is not mandatory any more. Once you have registered with the software, you are allowed access to an exclusive Facebook group.
    • Traders from all parts of the world are highly welcome. Mike’s Auto Trader does not discriminate regardless of whether you are from the US, Europe, Asia or Africa, all users are highly welcome to use this auto-trading platform. This is an extremely important facet nowadays considering there are many brokers who have set trivial restrictions as regards clients from certain countries.
    • This platform is 100% web-based. Users don’t have to download anything to their computers meaning the software will not eat into your valuable processing power and time. The software has been tested for compatibility most operating systems there are and whether if you use the Windows or Mac operating systems, this binary platform will work like a charm.
    • It is particularly easy to setup. Novice traders can start using this software immediately; it’s one of the best options for beginner investors because they are offered really extensive educational materials as well as incisive tips from Michael Freeman himself so they can develop their investing skills easily and quickly.

    All these features sounds good, but there is nothing really that would make it stand out from better software like binary option robot.

    Other Important Facts about the Software

    1. The software is actually not a binary robot but rather, it is a signal provider. Unlike the Binary Robot or Binary Hedge Fund, this platform is a signal provider and not a fully automated trading portal. The way it is set, you cannot sit while the auto trader makes you money. You must set all the investments yourself; the final responsibility rests upon your shoulders. You have to do all the hard work
    1. There are limited amounts of trades placed per day. It is a conservative software since you won’t receive huge amounts of signals everyday. You only receive the best ones -those that are more than likely to turn out a winning profit. But if you are the kind of trader who prefers high volumes trader, it’s recommendable to also use other auto traders beside this one on order to ensure you get enough trades.
    1. You have constant access to the winning signals provided. Currently, the average monthly ITM [In The Money] rate is between 70% and 80%. For instance, you can get a return rate of up to 70% from 15 out of 20 signals, which is quite higher than the return rate some auto traders are able to provide. This trading platform is especially great at predicting the movement of the currency pairs. If you prefer Forex trading, then this platform is what you need if you want to boost your profits.

    Who This Software Is Suited For

    For any person who is looking to earn some extra income online. You don’t have to be an experienced trader in order to get started. This auto trader is also well suited for Forex traders who are looking to participate and make profitable trades in the binary options market. For shares and stocks traders who are encouraged to take advantage since this platform is an easy way to start trading in binary options while expanding your investment portfolio.

    How Mike’s Auto Trader Works

    Just like with every other binary options robots, this software platform is based on the use of algorithms that are pre-defined. The algorithms here have been developed by Michael Freeman and naturally, they are secret. Because this platform is not completely automated, investors are therefore required to be knowledgeable about binary options trading. It is a platform for experienced investors with a grasp of fundamental analysis. Since the signals generated do not take into account fundamental factors but only the technical ones. Being a semi-automatic signal service means your success rate solely depends on the depth of your trading knowledge, and more specifically, on your awareness surrounding the fundamental factors which will influence the asset(s) you choose to focus on.

    If you are an experienced trader, it’s possible for you to reach a success rate of 80% or more, but if you are a novice investor with no trading knowledge, you will more than likely not reach a success rate of more than 50% ITM trades. The best path therefore, and according to the founder Michael Freeman, is for you to first sign up with this auto trader’s manual signals group on Facebook and once ready to trade on your own, start using Mike’s Auto Trader platform. Since members of the auto trader are also allowed free access to the Facebook manual signals group, you may opt to register with the platform and put using the software on hold so you can take time to learn how to trade. You definitely have to be willing to work hard, if you wanna earn money with this software.

    Can You Earn Money With The Software?

    This must be the major which has been on your mind the whole time you were reading this article. There’s no straight answer here because the amount you make depends on a lot of factors such as;

    • Your level of knowledge.
    • The amount of money you start with.
    • How big a risk you are willing to take.

    Some traders may earn something with this software, while others may lose small sums of money in the beginning before they start to rake in winning profits. However, let’s take an example:

    Say you invest a minimum of $100 with a low-deposit broker. This means you can risk a maximum of $10 for per trade made. Let’s say you take five quality signals every day as there are at least 20-30 signals are available all the time. With the top traders averaging up to an 80% ITM [In the Money] success rate, it means your daily results would be comprised of four winning signals plus one OTM [Out of the Money] signals on average. Subsequently, your daily profits are $22, which is $110 per week or $462 per month. Which is not bad considering that the time required to place a trade is usually 1 to 2 hours per day.

    What if you had deposited $500? It allows you to risk up to $50 per trade which will result in a profit of $3,150per month. However, should you want to deposit more than $500, you will be better off if you open multiple broker accounts [3 to 5 accounts] and then deposit between $100 and $1000 per account. Together with allowing you to experience the special features each broker offers, an added advantage is that a trade which ended OTM with one broker could expire as an ITM with the other brokers due to the slight differences between the brokers.

    If you choose to use this strategy I strongly recommend that you use binary option robot instead of Mike’s Auto Trader, since you got much better average return rate with it.

    One other reason why you ought to register with more than one broker is; because binary options trading platforms come with limits that are imposed on the trade amount, you will be unable to use the amount of money you desire with a single broker when trading using large amounts, and you would be forced to spread it across several brokers.

    As such, this auto trader is recommended as a long time tool. Don’t dwell on how much you will make instantly. Remember that you’re seeking to become as good an investor as possible, and this aid gives unfettered access free of charge so you can speed up the learning process.

    The Trading Platform

    Mike’s Auto Trader sends you signals on certain stocks commodities, currencies and indices. The software is designed in a way which allows you control over what trades you wish to place, and you also get to choose if you want to trade on a given signal or not. There is human interaction that is clear and the fact that you have control elements means you are able to trade as you wish.

    More factors that make this platform a worthy model are;

    Pros

    • The auto trader has a marked consistency and a track record with binary options as to afford you access to place trades that will give you up to 80% ITM [In the money] in profit returns per day. (I did not get that high ITM in my test, so I am little suspicious toward this promise)
    • This software will allow you to pick and choose the signals you want to trade on.
    • The software will give you access to an average of 30 on a daily basis.
    • This is not just an auto trader as there’s room to get an all-inclusive training experience in binary options trading.
    • The website is not cluttered with bland phrases or random blubber.
    • Mike operates binary options channel.com, his official website where he posts articles based on tips and strategies regarding binary options trading. The site is ranked as one of the Top 3 blogs in the binary options market.
    • The Auto Trader platform is completely free to access.
    • The Auto Trader works on any mobile device: Smartphone, laptop or tablet.
    • The Auto Trader accepts traders who are based in the US.

    There are other factors however, that might make trading on this platform not quite such a great experience. These include;

    Cons

    • You may be required to make a donation to charity. Even though it’s not mandatory, you are strongly encouraged to donate to a charity of your choice and some traders may find this awkward.
    • The software in use on this auto trader can only be synced with certain brokers. Additionally, you must register directly from the software.
    • The auto trader software is not compatible with Internet Explorer and you are forced to use Google Chrome for it to work which can be a tad limiting and irritating.
    • The auto trader is not available in a number of countries, some of which include Maldives and India, plus a number of countries without full regulation of binary options trading.

    Trading platform is very simple, actually too simple. You really can not make any adjustment which are necessary to earn as much as possible.

    Conclusion

    Mike’s Auto Trader is quite the most fascinating binary robot. There are a few similarities and big differences too when Mike’s Auto Trader is compared with other binary options robots. There are certain types of investors who will greatly benefit by using this software platform and others who will not. Because this auto trader is fairly new in the market and it’s not fully automated, it’s hard to be certain how trustworthy it is. Traders should instead use the Binary Option Robot for a really seamless trading experience which is powered by more trustworthy software.

    The Binary Option Robot is software which you can program to automatically in order to place certain types of trades for you. Unlike Mike’s Auto Trader that is semi-automated, this robot software is conveniently menu driven as well as quite easy to use. The software usually comes in two editions; the basic version which is offered as free for use, and the VIP version which is packed with many additional features that you won’t find on the basic version. Evidently, the automated Binary Options Robot beats the semi-automated Mike’s Auto Trader hands down.

    Best Binary Options Brokers 2020:
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Guide How To Become Binary Options Trader
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