Underdog Millionaire Review
Investing in any product carries risks and most people will do what they can to mitigate these risks. This is why most people start to look at the autonomous trading options available in binary options. However, there are many different firms offering this service and it is hard to know which are genuine and which are simply looking to scam you. This review looks at the Underdog Millionaire and whether it is genuine or an Underdog Millionaire scam.
Underdog Millionaire – The Basics
The Underdog Millionaire software is free and easy to access. It suggests you will gain returns of 90% and it can be left to work on its own. However, there are some warning signs. The Underdog Millionaire is associated with unlicensed brokers and many of the trading results displayed do not seem to be genuine.
The system was developed by Albert Friedemann who has worked as a mathematician for many years until discovering the system which allows him to generate a substantial income from binary options. The Underdog Millionaire does not use any complicated charts, but it does have a success rate of 95%; potential the highest in the industry.
Unfortunately, despite some very professional looking screen shots of the software in action; it is clear that they have been altered. Profits appear to rise without time passing and the number of trades does not change. This is impossible and suggests the Underdog Millionaire scam is real. The suggested success rate and returns are not proven and seem excessive.
Using the Underdog Millionaire
Start by opening an account with an associated and unregulated broker. You can then link to Underdog Millionaire and place at least $250 into your brokerage trading account. Underdog Millionaire will then monitor the markets until it finds a suitable trade. You will be provided with the details of the trade. If you have the Underdog Millionaire in automatic mode it will place the trade with your funds. Alternatively you can operate manually and choose whether to trade or not.
Conclusion – Is Underdog Millionaire Safe to Use?
The lack of information on Underdog Millionaire; its founders and trading system is of serious concern. Although it is not possible to definitively state Underdog Millionaire is a scam it is very likely. You will be able to locate better products elsewhere.