Verified Trader Releases Investigation Result On BinaDroid, Reveal Real Metrics Used When Testing

Verified Trader experimented with BinaDroid to trade binary options online and found it one of the most effective pieces of software for managing these simple trades.

Binary options trading is one of the easiest and most accessible forms of trading available, and as such is perfect for ordinary people looking to make more money online. The practice involves betting on whether a stock will go up or down in a given timeframe – individuals then receive a payout if correct or lose their money if wrong. Because of its ease, the binary options market is also a hotbed for scams. Verified Trader takes seriously their responsibility to evaluate companies offering binary options products, and has just posted an investigation into BinaDroid.

The investigation began when several individuals on influential online forums claimed that BinaDroid was a scam and that they had been ripped off by the program. These smears needed to be independently investigated, so Verified Trader purchased the software and used it themselves.

They found that the Binadroid scam claims made against the software were falsified – it works exclusively online through the browser and as such, is impervious to malware or spyware infection. It's easy to use, powerful and effective in helping traders make smart decisions, backed by the experience of successful traders.

A spokesperson for Verified Trader explained, “There are elements of the software that might raise red flags for people – individuals must deposit money into a broker account in order to get started, and the minimum trade value of $5 is higher than some other competitors. However, this is a program that while newbie friendly is designed for those serious about making money through the method. We found no evidence of a scam, and would be happy to recommend the software to users throughout the US, Canada and the UK. We will continue to assess programs like these whenever accusations are made, to help consumers to tell the difference between authentic products and scams.”

About Verified Trader: Verified Trader is an online resource center that investigates online scams, and acts as a consumer advice site assessing the true nature of the many of the world’s most popular online products. The site is regularly updated by a committed team of writers and researchers, and features an insightful take on the latest controversies and popular product launches. For more information please visit:

Contact Info:
Name: Samuel Ross
Email: Send Email
Organization: Verified Trader

Release ID: 110116