SafeGuardTrader is one of the newer products available for binary options auto trading. Like every real scam, SafeGuartTrader also claims to be extremely profitable and genuine. Our SafeGuardTrader scam review will provide deeper analysis about this auto trading software.
There are thousands of traders around the world that are using automated robots to trade binary options. As binary options became heavily popular, it is most important to check trustworthiness of broker and automated robots to avoid scams and losing your investments. BinaryRobot.org Team is searching for as many scam products and reviews them in order to prevent traders lose their investments. SafeGuardTrader review is based on facts that we found on their website. We are not claiming they are a scam, but according to all indicators, they are going in that direction. Read more below.
SafeGuardTrader Auto Trading Software
Their website has prepared auto play video story that explains how to start earning $33.000 every day, for a lifetime. Video is filmed with David Hefner, CEO and Founder of SafeGuardTrader software. Hefner previously worked as a systems programmer for Garmin Ltd., global satellite position systems company that produces navigation technology. We haven’t managed to confirm that David Hefner really worked in this company. Also, we have found cardinal mistake with his name, because on video he presents himself as David Hefner, but on SafeGuardTrader website, he is called Richard Hefner. His brother, Josh Hefner was a Wall Street binary trader who got the idea to use satellite technology which receives data faster than standard financial systems. They together developed SafeGuardTrader software – “which uses satellite technology and make winning calculations that are fast as speed of the light!”
According to his story, they created a program that has leverage in binary options because it calculates binary trades before the rest of the world is possible to do the same. SafeGuardTrader is binary software that is available for all countries except Mongolia, Albania and Cuba. They claim to be 100% legal and ethical, but we couldn’t found any regulation statuses that are confirming their story.
SafeGuardTrader Software Platform
We have registered with SafeGuardTrader to review their platform. It is really easy to create account with this platform. But, the moment you login, there is again auto play video activated with same Richard/David Hefner talking about next steps. Traders are immediately registered with one of their partner brokers, and we have received mail from OptionBit. We couldn’t click anywhere on SafeGuardTrader dashboard because you first have to deposit investment with OptionBit and then you can probably check the platform.
We are confused with statement that video said traders have to download SafeGuardTrader trading platform in order to activate auto trader. But, we have managed to register and we immediately saw platform which is apparently web based, but without the possibility to use it. What is true here we are not sure, but it looks strange to us.
SafeGuardTrader claims that traders will receive $33.000 of daily profits, for a lifetime. This means traders can become millionaires in just one month, which is really hard to be true. SafeGuardTrader is full of false promises and there are many incorrect information that sound to us like a real scam. Besides extremely high profits, David Hefner claims that his binary auto trader has 100% winning rate, which means it never makes a mistake because of his super nano satellite technology. David Hefner also receives $1.2 million every day and he said he doesn’t even need this money??!?
Is SafeGuardTrader a Scam?
It is very hard to confirm if the software is or not scam until the moment you invest your money and check it on your skin. But it is too late when this happens. Our BinaryRobot.org Team makes researches of all trading systems and brokers to find out if they are real or not. SafeGuardTrader website is well designed and alluring at first. But when you start reading their claims and see the David Hefner’s video, then things become more clear. There is no information about available brokers on SafeGuard platform and they talk about some weird satellite technology which is faster than technology used in rest of the world. It all indicates that SafeGuardTrader is a scam and you should not register with them.
In SafeGuardTrader review we have tested their website from more locations and found another irregularity. If you remember, they claimed their binary auto software is available everywhere but in Albania, Cuba and Mongolia. Well, we have connected through VPN from Albanian IP address and found interesting thing. Apparently Albanian traders are also winning trades on SafeGuardTrader, although they are not allowed to use this software.
There are clearly more than enough suspicious aspects that claim unrealistic promises to traders. Their terms and conditions also seem to be pretty vague and they have never mentioned name of the company that is the owner of SafeGuard Trader software. Traders should be very careful when if they decide doing business with them. We have encountered lack of basic information with this company. Traders have high probability to be left without their investments, and in this case BinaryRobot.org highly recommends to select trustworthy brands that are tested and secure for trading.