IF YOU want to make money with binary options trading and have come across Altronix software – here’s the questions that begs for an answer: Is Altronix App a scam or not?
Because, first, binary options is a trading opportunity which does not require tons of money to get started. Second, it gives you an impression that it’s not complicated. Thus, it has become an attractive make-easy-money opportunity for ordinary people.
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The problem with binary options is that ordinary people are not experienced. AND, in fact, binary options trading is a HIGH RISK business opportunity which is NOT suitable for the Average Joe.
But because binary options attract thousands (if not millions) it has also become a very lucrative business for scammer and all kind of con artists.
That’s why, before rushing to sign up, you must ask yourself, “Is Altronix App a scam or not?” Hey, don’t just ask! Find out as well.
In the review below I will give you that answer with proofs. Read through it and I will show you exactly what it is (and what it’s not).
Name: Altronix App (a.k.a. Altronix Software and Auto-Trader)
Niche: Binary Options
Price: Sign-up – free. Minimum deposit $250 required.
Founder: Frank Saunders
Skill level: Beginner (allegedly)
My Overall Rank: 0 out of 10
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Full Review – Is Altronix App a Scam?
Altronix app is a binary options trading bot (robot) – a software – which allows you to trade binary options and make money in the process. They claim of course that their trading robot is the best (and easiest to use) on the planet but then… Well they all claim the same.
Unfortunately, the Altronix app website gives only general statements and provides very little details on what their trading bot actually is and does.
But, as you will see below, you don’t even need these details. Why? Because there’s not much truth anyway in their story so there’s no meaning to read even more rubbish.
Technically speaking… According to Frank Saunders (the founder), Altronix app does the following:
- Monitors and scans millions of sources (for the newest information)
- Analyzing the current information, discards old one
- Instantly processes billions of bytes of data
- Determines the most probable and profitable opportunities available
- Enters transactions in milliseconds
- Exits at the EXACTLY the most profitable time
All this to make your profits go through the roof.
What Do They Promise You?
What can you expect from the Altronix trading bot?
- You don’t need to have a background in trading of any kind…
- You don’t need to learn a complicated new program…
- You don’t need to spend hours (or even days) staring at complicated data or doing any research…
Because Altronix trading bot takes care of EVERYTHING! Awesome? Keep reading.
- You will enjoy tremendous success with Altronix trading bot
- It can make you more profit than a building full of professional traders ever could (laughing point here!)
- You don’t need any experience
- You don’t need a lot of money to get started
- A huge amount of cash will be in your trading account in a matter of days, if not hours.
Altronix App Price
They claim that way inferior tradings bots cost from $1,000 and $5,000 to $20,000. They, however, give Altronix App to you for free (for the first 90 days). But they do it only for the first 50 subscribers. So if you must hurry.
Wait a minute! Keep reading before you hurry to sign up. There’s nothing true in their words and I am going to prove it.
So is it free or not?
First – this restriction, “ONLY 50 first subscribers get it for free,” this is to create a fake urgency in your brain. Yes, this is a common trick to persuade you to sign up in a hurry.
Second, technically speaking, the software is free indeed. But it does not mean you can start trading (and profiting) without first digging into your jeans.
In order to start trading with them, you first must open a trading account with a binary options broker of their choice. AND fund your account (minimum $250). That’s how THEY make money – by introducing you to their broker and earning commissions from you.
The truth is – the more money YOU spend, the more money they make. Therefore, after signing up and giving them your phone number, expect a constant flow of sales pitches from the broker – all to make you invest bigger and bigger sums into their system.
My recommendation: Stay away!
If you want to learn how to make a legit income online (some side money or second income) here’s how you can do it properly and without landing neck-deep in the problems.
7 Proofs That Altronix App is a Scam
1. Fake Frank Saunders
Frank Saunders, founder of the Altronix app software, is clearly a fictional character. It is not possible that a person of his expertise has not left ANY traces behind. Search the internet and you will see – you will find nothing about this particular Frank Saunders.
All other Frank Saunders – yes. But Frank Saunders the founder of Altronix – nothing. It’s a fake character, played by an actor (like in almost every other promotional video run by binary options scams).
Even worse. Many other such binary options scams at least tell you in their full risk disclosure that actors have been used (see here, here, and here). In the case of Altronix, however, they don’t even give you an access to their disclaimer.
Furthermore, that Frank Saunders looks and feels so fake. It’s like you were following a play in a theater. It’s just not natural:
2. Fake Testimonials
Not only is Frank Saunders fake. The other testimonials in the Altronixapp website are fake too. And these are also played by wannabe actors. It’s funny (or is it?) how ordinary people are willing to sell their souls to make $5.
Navigate to Fiverr.com and type into the search bar: video testimonials. This is what you will get: Well over 500 people ready to give you a high quality video testimonial:
The problem here is this: In their video testimonials these people are lying through their teeth. I can’t fathom how people are willing to sell their integrity so cheap.
Anyway, for you it means, you just cannot trust these cheesy fake testimonials.
And it gets even worse:
3. The Same Fake Social Media Proofs Are Rotating Month In, Month Out
Look at the screenshot of two “live” streams (from Facebook and Twitter) of social proofs in the Altronix app website:
However, nothing is live here. The same fake testimonials have been spinning around at least a year already:
4. Altronix Uses the Same Fake Social Proof as Citidel
Try these out for size – This is from the Altronix app website:
And this is from the Citidel Binary Options scam website:
Moreover, such people do not even exist. They’re all fictional characters with stolen face images from the Internet.
Check my Citidel Ltd Binary Options review for more detailed research on Beverly Watkins face image (above).
6. Altronix and Citidel Use The Same Idiotic Sentence
See below and you will be convinced – they both use the same idiotic sentence in the headline of social proof:
What it tells me is that the same owners are using the same template to create a bunch of binary option scams with different names and different advertising campaigns.
But don’t they have any native English speakers to proofread their texts before publishing?
7. Fake Testimonials, Fabricated Profits
Turns out, they don’t rotate the social proofs only. They rotate the “live” examples of profits too.
When you check these “live” proofs, the total profits are constantly growing. It gives you an impression that these people are getting richer by every passing minute.
However, open these same “live” proofs in another browser and you will see, the counter (total profit) starts from the beginning again:
Real Altronix Is a Legit Company
The real Altronix (altronix.com) has nothing to do with the Altronix App binary options scam. The real Altronix is “the leading manufacturer of low voltage electronics and power solution.” The company is founded in 1983, with its headquarters in Brooklyn, New York. A good company!
Why the con artists use the name of an honest company? I Don’t know.
It’s obvious you will lose money with them. Remember, it is designed that way – to drive you into the ground while getting rich in the process.
My Final Verdict
While doing research for my Altronix app review, I could not find ANYTHING truthful about their story or trading software itself. The whole story is plain lie. Not only that. It is obvious that Altronix is tightly connected to another binary options scam – Citidel. Most probably these two (and how many other scams) have the same owners.
What About You
After reading my proofs, what do you think? Is Altronix App a scam or not?
Do you have a personal experience with it (good or bad) that you want to share? Please leave me a comment below.
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