Setontrade is automated binary robot software that is developed in the early 30th August 2016 which high motive to generate profits through trading. The software had come up with best designed website which looks absolutely reliable and for those who are newbie might think that Setontrade is genuine and reliable software on their first visit to the website page.
So, this is the case with most of the newbie who doesn’t have any experience in trading, and this is what the scammers are looking forward to. However, for those who have experience in trading will easily know that Setontrade software is complete scam.
SetonTrade is a Scam Software! Honest Review!
There are many promising features that Setontrade software has come up with, and its official website is filled with the same. There are too lots of information provided on the official website which is hard to be true and seems very confusing. However, I found out that none of the features provided is found to be working effectively which is a clear indication that Setontrade software is a complete bunch of liars.
So, I am very sure that you won’t join any binary software for just seeing to this sorts of money making promises. Instead you will definitely want to see some real results. So, in this post, I will reveal all the real truth behind this Setontrade software, keep reading ahead to know more about this cheap money eater software.
How does Setontrade software works?
Well, though knowing the fact that the software is a scam, I will like to mention some of the things regarding its working process as explain on its official website. The Setontrade software demands itself as a unique software which has most powerful indicators for generating strong signals that will indicate market conditions. The software also gives you three money management systems such as Classic, Martingale, and Fibonacci, but unfortunately, these options are not working.
The software also gives some Algorithms such as Trend, RSI, CCI, MACD, WILLIAMS and STOCH to generate signals in trading. However, I don’t think that these algorithms are really working and this page is simply created to make the website look fancy to you. When I navigate further in the website, I found many promising words in the FAQ’S section which is very brilliantly made. Thus, this is how Setontrade software claims to works, and you are still to know the real facts hidden behind Setontrade software.
No identity of the Owner:
In the official website of Setontrade software, I don’t find any information regarding the owner of this software. The software is built with so highly promising words and features but how comes there is no information about the founder of this software? I don’t think the website builder will forget to mention to mention the name of the owner, whereas the real fact is that the owner is scared of coming in public because his software is a fake one.
So, in this software, I don’t find any relevant information regarding the owner of this software, which is a clear indication of a scam.
Fake Demo Account:
The official avails you with a demo account which is found to be completely bogus. The real fact is that the demo account relies on the social network, since it gets the demanded price. The software assures that the demo account runs even on the weekend which is not reliable at all.
The demo account should be sync with the real market, and the real market conditions are really different from the modeled social network which is very difficult to set trading with. So, the demo account of Setontrade is not functioning properly which is a clear indication of a scam.
The Money Management system is not working:
There are three money management systems such as Classic, Martingale, and Fibonacci. However, I found none of this system working and it is just or making the website looking fancier. The software states that you can make an earning on joining the software for free and start your earning from a minimum of $5 up to $500.
The real fact is that the scam software comes up with bunch of information to make the software looks very trustable, while the real fact is they cannot afford to give you any real time earning.
Cannot give best signals:
The software promises that it can give you the best signals for trading, but it fails to give any signals. The software also guarantees you of some assets for trading which is not working all. So, how can you think of trading without having any of these assets and best signals from the brokers?
In any binary options, there are three things common that make trading possible such as good algorithms, best brokers, and market analyst. Thus, I don’t find any of those features working, because it is a scam software.
Conclusion: Don’t Trust This Bogus System!!
Thus, in the final verdict, I want to say that Setontrade software is an unreliable software that cannot generate any earning for you. The reasons which I mention in this post are best of my knowledge and I recommend you not to use this software, which will simply make you regret later after you lose all your bank balance.