Binary Boom is a scam and the 2nd generation of Insured Profits and Binary Matrix Pro.
It seems like the warning on BinaryoptionsWatchDog.com concerning Binary Boom didn’t go viral enough and it doesn’t show up in the search results many times so I am going to give it a try myself. I really hope that people will read this review before it’s too late and their money will be in the hands of BinaryBoom.com. Apparently there are now fake “watchdog” websites promoting the offer, obviously created to manipulate newbies and amateur binary options traders by creating trust through branding.
First, why am I cancelling BinBoom without even trying the software? It doesn’t take a genius to realize that this is a money trap if you have experience and know how to identify basic warning signs you will definitely reach the conclusion that this is a fraud. Furthermore, I surely won’t try the Binary Boom after reading all the horrible feedback on Watchdog’s BinaryBoom Scam Warning by actual traders who signed up with this nonsense. It really concerns me that even on a reliable forum like WarriorForum.com this rubbish software is promoted, the first search result on Google when you look up “Binary Boom”. I posted a comment trying to warn people just a little while ago but I am pretty sure that the comment will get deleted by the person who created the promotional thread. I guess they are letting scammers promote fake products on Warrior Forum now which is very disappointing for me as an active member of the forum for many years. Anyway, none of the fake reviews will help them stay at the top on Google since I plan to alert other binary options websites and also post a video warning on my YouTube channel so together with the warning on WatchDog, my BinaryOptionsChannel.com review and the upcoming warning on YouTube, hopefully more traders will get exposed to the truth and stay away from this offer.
Why do I feel like it’s necessary to target BinaryBoom.com? well, it’s nothing personal but after checking the website stats and getting more than a few complaints from subscribers, I know that this is one of those viral money traps, one out of many similar scams that are coming out left and right so it’s a duty for anyone with an authority website in the industry to warn others, especially when an offer is heavily promoted on fake websites and solicited to the public via mass email campaigns.
If you are interested to trade binary options you can find better alternatives. I am sure that most traders would agree that it’s safer to trade with fully EU regulated broker to avoid getting scammed by an over-night broker, the type of brokers that are connected (syned) with BinaryBoom.com and other similar scams.
I am not going to use this “stage” to promote my own services for binary options but I do want to encourage you to visit my YouTube Channel (Mike’s Binary Options Channel). You will find lot’s of great resources and information that you may find useful if you are into binary options. In fact, my YouTube channel is the biggest in the industry in terms of views and subscribers and I posted around 200 videos covering many different topics on binary options.
Hopefully this BinaryBoom Review will go viral and many people will see it. I am strong believer that the truth always goes viral. I encourage you to help me get the word out by commenting below this review, especially if you are trading with this software at the moment. I will be really surprised if anyone has anything good to say because so far all I am getting is that the software generates around %30-%50 ITM and that there’s no customer support at all. Traders cannot get anyone to assist them via chat, email, phone..so you are basically looking at ‘no support and a disastrous ITM’, which will surely land your account right in the ditch.
Move on to a legitimate service or simply trade on your own! Either way you will have a much higher chance to succeed with binary options which involves a lot of risk, so watch out for scams, also visit my complete Binary Options Blacklist for more warnings on shady brokers and services. Conclusion… Don’t sign up with this BinBoom, BinaryBoom.. It’s shady, fake, misleading..avoid it!!!! P.S. – just before I was about to post this very discouraging Binary Boom review I managed to verify, on their promotional site, that this website was in fact created by the same webmasters who launched Insider John, Binary Matrix Pro and Insured Profits, which all happen to be the biggest scams that this industry had seen in the last 2 years, scams that I personally warned my subscribers right after the launch, one by one, and I will keep reviewing any future products they come out with. If this is not enough to convince you that you shouldn’t sign up with the promising offer, go for it, I did my part and warned you. Please share your feedback below and thank you for taking the time to read my warning.