Binary trading is full of opportunities to generate a good income; although there are risks involved. These risks are multiplied and enhanced by the existence of many firms which are simply looking to relieve you of your funds. Is this a Stockbit scam or genuine opportunity?
Who are Stockbit?
This software is relatively new to the industry and promises returns of $900 per day; even if you have no experience trading!
The platform has been built with Bitcoin primarily in mind although you can trade with other assets. Although it has been well designed and presented it does raise concerns that neither of the founders seem to have any other presence on the internet.
Reasons Why This is a Stockbit Scam
Whilst the lack of information on the firm and its owners may not be enough to call this a Stockpile scam; it does raise questions. As does the following:
$900 a day or $90,000 a year is virtually impossible; particularly for a new trader. This extreme claim is highly unbelievable and suggests a Stockbit scam.
Testimonials – Most websites have these as they provide reassurance from previous customers that you have found a genuine service. Unfortunately, the testimonials on this site appear to be false; this is backed up by the fact that two publications are referenced and neither appears to have ever mentioned the Stockbit name.
The lack of evidence to confirm their points and arguments also suggests that you will struggle to reach the targets they state.
Testimonials Which Actually Verify the Stockbit Scam
As mentioned the most concerning thing about the testimonials is that they appear to be genuine and refer to two very well known publications. The fact that the Wall Street Journal and CNN Money have never heard of them destroys their credibility and must lead you to suspect this is a Stockbit scam.
An additional point which can be easily overlooked is Stockbit’s claim to have in excess of 14,000 users. Although the firm claims to have been trading for a year the website is just two months old. No matter how good the site, 14,000 users in two months is highly unlikely.
Despite a professional appearance there are too many flaws and questions regarding the information provided. Although it is not possible to state for certain that this is a Stockbit scam; it is highly likely. There are other, better services available.