Compound Trader by Albert Henderson is a software that automatically places trades in a binary options account. The software is “guaranteed to produce large and quick amounts of money with 98% accuracy.” Albert Henderson explains why he called his software Compound Trader. He says that his “Compound trader app takes an initial sum and spreads it over a number of trading positions. The money is reinvested and compounded over and over again. What this does is it exponentially grows the initial sum.”
The CompoundTrader.co domain was registered only 8 days ago, on July 14, 2016. It’s ranked #647,406 globally, according to the Alexa. Most people who visit that website are from the US (14.5%) and Morocco (3.8%). Strange. The software is not even available in Morocco.
My SCAM SCALE (July 22, 2016)
(binary options scams, from the most dangerous to the least dangerous)
- Quantum Code
- Mobile Binary Code by Howard Kessler
- Cobalt Code
- El Truco Zulander
- Compound Trader
- Freedom Circle
- The Profit Hack
- Safe Guard Trader
- Mirror Trader
Is Compound Trader a real money making opportunity?
There are almost no limits to the number of trades you can open automatically with the CompoundTrader. The app uses compound trading techniques that are said to ensure high profits, such as $770 per hour or $12,000 a day. Albert Henderson explains that “this app compounds profit by reinvesting previous winnings. And it keeps on cashing in unless the trend reverses.” We understand that the software works by the principle of compounding, which means creating profits from existing profits, but how Compound Trader generate winning signals in order to make those existing profits remains unclear.
We shall now take a look at what other reviewers are saying.
Review of reviews
BinaryOptionsGorilla.com: “The Compound Trader App is nothing but a scam system that was created by a group of scammers in order to steal your hard earned money in the blink of an eye. Make sure to keep our advice and stay as far away as you can from this deceptive ‘automated’ system that the only thing that knows to do is to drain your investment on fully auto pilot mode.”
BinaryOptionsSpot.com: “Based on everything we found as evidence, we advise you to stay away from the Compound Trader Software! Investing money here will be disasters and won’t leave you into financial freedom but into bad financial situation! Review Verdict: Compound Trader Software is 100% Scam! Beware and avoid the bogus official page: compoundtrader.co!”
Quintup.com: “It is evident that Compound Trader is a scam which tells of the same old tales that other swindles sell. There is more than enough evidence to make you stay away from this platform which will not help you get wealthier. You will lose money if you choose to invest it with Compound Trader scam.”
As usual we have TheDailyHarrison.com, TheDailyHastings.com and other similar sites promoting Compound Trader.
However, as we explained in our last review, not one of these sites can be trusted. Our only hope is to obtain feedback from real CompoundTrader users. At the moment, we have received no complaints at all regarding this service.
The only interesting review I could find was this video which proves that Compound Trader is actually GPS Trader – a confirmed SCAM!
Have YOU tried Compound Trader or GPS Trader? If you did, please comment below this review.