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  1. #1
    Active Member victrader's Avatar

    Autmatedbinaryforum scam !!!

    Before I found BOTS I was fairly naive and got scammed by a lowlife who calls himself Mike, on http://automatedbinaryforum.com/forum/index.php

    The forum is affiliated to http://www.automatedbinary.com/ that provides a hit and miss 50/50 automated signal and encourages martingale and Fibonacci money management, with one-click select buttons for each.

    The forum posts pics of members winnings received via Paypal. The posts are very convincing, and I thought I had found a great and helpful community of ordinary would-be traders who found the holy grail. What they do is get you to sign up with automatedbinary, absolutely free, and make a minimum deposit of £250 to one of their many brokers.

    I did this, and what happened makes me wonder if it's part of the scam - I put my credit card details in and paid £250, but a technical error message flashed up and said payment had not gone through - try again later. So, with the thought of making money with them and being able to give up working 9-5, I tried again later. Again the error came up. I tried twice more, before checking my email to find a message from the broker that I had just signed up with, saying thank you for the £1000 I had just deposited. I wonder if automatedbinary receive commissions based on the size of the deposit made.

    Now back to the forum. The lovely old grandad type Mike says that once you have made your deposit to come back to the forum and post in the 'verify Me' thread that you have made your deposit. As soon as you have done that you will be given access to the special, advanced sections of the forum, in which you will get training and advice in order to make sure of optimal winnings.

    What actually happens when you post in the verify forum is that you get banned from the forum. Your username and IP address are blocked.

    Well, email addresses and IP addresses are easy enough to come by, so I joined the forum three more times with different email addresses and using proxy servers. I posted messages on there exposing the scam, but of course the posts were immediately deleted and my subscription cancelled.

    Fortunately the broker was not part of the scam - 24Option. I worried at first that it was a clone website of 24Option, but thankfully it was the genuine article. I was able to withdraw my money, but left £250 in it for when I know how to trade.

    It was a good lesson for me, and it eventually led me to this wonderful place. But I would much rather others find BOTS and not have to go through the stress and embarrassment of being scammed by immoral scum like 'Mike' and his cynical forum.

    As an aside I spoke to 'live chat' at automatedbinary.com, and told them about its affiliate automatedbinaryforum.com - but they said they had no control over it. Yeah right

  2. #2
    Moderator Kolyo's Avatar
    Hi Vic. Sorry to hear about your experience. Fortunately it wasn't a money losing experience and it will only be a good experience for you. Keep in mind 99% of all signals and self proclaimed gurus out there are not worth it and even most of them are scammers. If you want to learn to trade by yourself and not following blindly the next Guru than you are at the right place. Keep learning and sooner or later you will feel ready for it
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

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  4. #3
    Active Member victrader's Avatar
    Quote Originally Posted by Kolyo View Post
    Hi Vic. Sorry to hear about your experience. Fortunately it wasn't a money losing experience and it will only be a good experience for you. Keep in mind 99% of all signals and self proclaimed gurus out there are not worth it and even most of them are scammers. If you want to learn to trade by yourself and not following blindly the next Guru than you are at the right place. Keep learning and sooner or later you will feel ready for it
    Thanks, Kolyo. Yes, only my pride was hurt, not my bank. Great to be here. I've just sent a Skype message to Okane to join the group, and am now going to watch one of the Youtube videos. This is all so interesting. I haven't got any doubts that if I use the teachings here properly I will, at some point, be able to call myself a binary options trader. Looking forward to that. Thanks again.

  5. #4
    Legendry Member Okane's Avatar
    Hey thanks for sharing!

    Got you on Skype (already talked ) good to have you onboard.

    When it comes to autotraders, I can tell you that in general they are created to make people lose money
    so the brokers can then push you into depositing more. Saying that "now you lost due to the trader, now let me trade for you"
    and then starts another period of losing... This is how some of these brokers milk traders.
    Just stay away from signal services and autotraders.
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  7. #5
    Legendry Member willyw's Avatar
    Quote Originally Posted by Okane View Post
    Hey thanks for sharing!

    Got you on Skype (already talked ) good to have you onboard.

    When it comes to autotraders, I can tell you that in general they are created to make people lose money
    so the brokers can then push you into depositing more. Saying that "now you lost due to the trader, now let me trade for you"
    and then starts another period of losing... This is how some of these brokers milk traders.
    Just stay away from signal services and autotraders.
    Okane is correct. Fully agreed AND IS TRUTH!!!

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  9. #6
    Active Member victrader's Avatar
    Quote Originally Posted by Okane View Post
    Hey thanks for sharing!

    Got you on Skype (already talked ) good to have you onboard.

    When it comes to autotraders, I can tell you that in general they are created to make people lose money
    so the brokers can then push you into depositing more. Saying that "now you lost due to the trader, now let me trade for you"
    and then starts another period of losing... This is how some of these brokers milk traders.
    Just stay away from signal services and autotraders.
    Yes. I had my little experience with an autotrader and I won't be having any more. Great chat with you, Okane. I used your beginners MACD strategy just now and I'm ITM. But I'll post that up on my diary tomorrow, with chart.

  10. #7
    Legendry Member Michael Hodges's Avatar
    now I've heard it all, a forum scam, that is truly deplorable. And with a name like Mike I can only assume the worst, sorry to all you great Mikes out there, I am thinking about that MF character, the name I don't want to mention, the one that seems to be at the heart of all the most popular scams on the market.

  11. #8
    Rookie Member
    This is so crazy! I also had a similar experience. So I had been looking into doing some binary trading using a bot and I researched and researched and researched...finally found automatedbinary.com. I signed up but hadn't deposited anything yet. This was mid to late Jan

    Then I started looking at videos of youtubers who were saying what their experience was with the bot. I used the demo account and kinda figured it wouldn't be that good, because the demo was cranking out unreal figures.

    Then I stumbled across the automatedbinaryforum.com. I thought "i struck gold!" These guys seems legit and seemed to be genuine. I then, decided to find a broker and deposit my money. Like victrader said, you post in the verify forum and you get access to all these "mods" that can help you trade better and make some money.

    Then I posted in the verify forum, and waited a long ass time! Nothing. No communication no feedback. This was after a couple days. I had emailed them, posted in other areas on the site and all that. After a few days, I decited to give the bot a shot. I actually won a few then lost a few. Then won a few, then lost a few. The ratio for Automatedbinary was around 50/50. I wasn't making any money but I new that the software was at least real.

    Finally, after like 5 days, I got a notification that my "Verify Me" post was not approved and it said I had "illegal or malicious software" in the thread. WTF I then emailed, tried to reply to the post, and nothing happened. So it has been three weeks since I actually joined the forum and still I haven't been "Verified" yet. But several other guys who joined have.

    So I am not sure if it is a scam or if they just don't like me. But it is just interesting to here someone else who has been in a similar situation.

  12. #9
    Legendry Member Okane's Avatar
    It's a scam YoungRiem. All robots are scams, period.
    They are all fake and there are no facts supporting how they work, just fake stories, fake reviews, fake websites and now... even fake forums lol.
    Take your money and run out of there while you can.
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  13. #10
    Specialist Member Million Dollar Baby's Avatar
    Usually the brokers, mentioned by these scam signal services, are also scam brokers. So they usually mix a few good brokers with a lot of bad ones. It would have been a lot worse experience in case deposit was made to a scam broker.

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