Insured Trading Review

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Contents

Insured Profits Software Review – Free Trading Software?

Binary options have certainly caught the fancy of many. A step above the usual casino and poker, the fact that it is marketed as a financial trading vehicle brings a bit of finesse to it. But scratch the surface and binary options are nothing more than just gambling. Playing on the eternal greed factor of getting rich quickly, there have been many software and trading systems that claim to make you money every day. InsuredProfits.com is one of them. Unlike most other similar scams, Insuredprofits.com makes use of a subtle marketing push rather than in your face marketing one is often used to. Read on our full Insured Profits Software Review to fully understand and (hopefully) you avoid this scam offer.

The InsuredProfits.com claims to have a higher win rate with binary options with the geniuses (read with sarcasm) behind the product being two characters Dave and Ginny. The video on the Insuredprofits.com starts with the clichéd “I will give you a blank check by the end of this video.” Insured Profits inclines heavily on the fact that you get $20 but you only pay $2 if you lose. In terms of risk/reward, this comes to 1:10, probably the most absurd risk reward ratio in the markets and added to this the fact that Insured Profits is yet another auto binary options bot, which is definitely not the right way to make money in binary options.

Scrolling down to the homepage, there is a spreadsheet that apparently gives you the illusion that it is a live trading account. However if you look deeper, this is no live statement from any binary options broker.

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Insured Profits Software Review – Fake Trade History

Insured Profits Software Review Member’s Area

Once you drop your email and submit, you are taken to the next page. There are no more blank checks here because you are required to register with a binary options broker and of course make a deposit.

Insured Profits Software Review – Step by Step Instructions to Part You and Your Money

Only after you make a deposit will you be able to make use of the Insured Profits Software.

The webmasters at InsuredProfits.com go a step further and mask their affiliate links with the two binary options brokers they partner with. Bloombex and BigOption.com. We couldn’t proceed further but the main page was more than enough to show some glaring discrepancies.

Most importantly, Insured Profits claims that they can make $20 in profits but lose only $2. Checking with Bloombex or Bigoption, there are no such claims. When trading with these brokers you either make the specified payouts on winning trades or you lose your entire invested capital on the binary options contract.

Should You Buy Push Money App Software?

As with almost every binary options scam uncovered, InsuredProfits.com domain details show hidden privacy data meaning that there is no guarantee on the success of the profit. A quick search on the internet for Insured Profits Software also reveals some customers who have fallen for this scam and have lost their money as well.

Overall, we have enough reasons to believe that InsuredProfits.com will actually make you poorer rather than making you rich. And of course, there is no blank check unless you sign up and deposit funds with the brokers that InsuredProfits.com has partnered with.

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Insured Trading Review

Insured Trading Review: Individuals who are into binary options trading as a means of making money online face their own challenges. The pace and volatility of the market keep increasing. This has brought about the use of automated software or binary option robot as they are called commonly. Automated signal systems are intended to assist traders in keeping up with the ever changing trends of the market.

The biggest challenge these traders face is the availability of so many software and broker options to choose from. While a lot of these systems are profitable indeed, many of them still are rip-offs that were created just to make those behind them rich. Traders are therefore faced with the task of selecting a system to commit their investment to. The Insured Trading App is one of the available options they can choose from.

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    Insured Trading Review

    Presented by one Mr. Oliver Breitner, Insured Trading is a binary option auto trading system that promises to earn more than $18,000 in daily profits for traders. This is such a bogus promise and it is not the only one. There are so many others made by the system which claims to cost traders absolutely nothing.

    Seeing the nature of the claims and other promises, this article is presented as a sincere analysis of the system. It is intended to assist you in determining whether the system can actually deliver on its promises.

    Insured Trading is a binary options trading software that is claimed to use complex algorithm series to evaluate and forecast binary options market trends. Created by Mr. Oliver Breitner, a self-declared multi millionaire and financial guru, the system claims to foresee winning trades from the analyzed data. It then executes auto trades on winning signals for the trader.

    Insured Trading Promotion

    The system’s website promises that you can start making $750 hourly when you join. The website which is mainly divided into 3 sections has the uppermost section mainly dominated by the promotional video. The sign up form field sits to the right of the promotional video. Above the video are bold white letters that tell you that the software is 100% free in your country. The middle section is titled ‘Insured Trading Protocol’. It seems to be an attempt to explain how the robot trades.

    The third and lowermost section is where you find the promised $750 hourly earnings. The section also tells you that there is a free trial version of the software available for your area. Below this are about 4 trust logos. They all indicate that the system has been tested and verified for various security issues like spam and privacy.

    Several claims, promises and features are put forth by the system’s website and promotional video. Most of them sound as ridiculous as they come. They are meant to be the bait that will convince traders to sign up to the software. They are worth being put down one after the other.

    Promises and Features of the Insured Trading App

    The promises and features contained on the system’s website and in its promotional video comprise;

    • The promise at the uppermost section of the website that you can get the software absolutely free in your country. This is meant to create the impression that your initial risk is minimal since you will not be paying anything for the software.
    • The ‘Insured Trading Protocol’ posted on the middle area of the website is another feature. After all the trade jargons that are thrown at you, in the end, you are guaranteed an outcome that is insured by the section.
    • The free trial which is claimed to be available for your area is the next feature. It is under this feature that you are promised that you will begin to earn $750 in hourly profits if you join today.
    • The trust logos below this are the next feature. They are four in number and show that they system is trusted and verified. The logos have ‘CAN-SPAM verified’, ‘SECURITY verified’, ‘PRIVACY verified’ and ‘BUSINESS verified’ written on them in that order.
    • The creator claims at the beginning of the promotional video that the software had turned 17 ordinary individuals into millionaires. He then goes on to brag that he can turn you too into a millionaire. He gave really funny reasons for the random selection.
    • The founder also promises in the video that the software will surely earn you $18,000.1 in daily profits. He later makes that $540,000 every month for the rest of your life.
    • The founder stated in the video that the system had been operating since 2020. This means that it has been in existence for 3 years. This is meant to convey the impression that the software has stood the test of time.
    • A list of some trading accounts history is presented in the promotional video. It is supposed to be a win and loss account for you to assess. It is supposed to be an indication that traders are actually using the software to trade and, that they are really earning profits.

    Insured Trading Promotion

    In consideration of these mighty claims and promises made by the system, a thorough research, and analysis was undertaken to determine their legitimacy. The research discovered some facts that are quite fascinating.

    1. ‘Expensive’ Free Software

    The system was not saying the whole truth when it said the software was free in your country. Have you noticed that the founder said you can ‘GET’ and not ‘USE’ the software free. Yes. You can get it for free but you cannot use it for free until you have paid the initial deposit into the system’s unregistered broker’s account. Wouldn’t you agree then that this ‘free’ software is actually ‘expensive’?

    2. Very Confusing ‘Insured Trading Protocol’

    The attempt to explain how the system’s robot trades on your behalf in the middle section of the website failed woefully. How do you take it when told that anything or anybody can determine one millionth of a second? Instead of the founder to simply inform traders that the software saves trades when you begin to lose, the section chooses to confuse you with a lot of irrelevant jargons before, finally mentioning the guarantee of an insured outcome. Well, going by the signs, it is doubtful whether Mr. Oliver knows what saving a trade means in binary options trading.

    3. Fake Free Trial Software Version

    The free trial in your area that you are persuaded to join and try so you could earn the $750 hourly income is a big lie. When this analysis took the system up on its words, what it got was just a demo account. The account seems to have been programmed to let you win practice trades so you can be convinced into signing up. It is after signing up and beginning to spend your real money that you will realize that you have probably made the biggest mistake of your life.

    4. Unreal Trust Logos

    All the trust logos posted on the system’s website are unreal. They are not verified. If they were verified, they would have been made clickable and linked to the website of the various agencies that tested and verified the system. Have you wondered why all the logos look similar and carry the same text with, the only differences being what they claim to verify and their colors? Well the truth is that the images were just taken from the internet, modified using image editing software and used on the system’s website period!

    5. 17 Generated and Unverified Millionaires

    The 17 people claimed to have been randomly selected and made millionaires are nonexistent. The system never made anybody a millionaire and it cannot make you one as claimed by the founder in the video. This study tried to verify the 17 randomly made millionaires by going through binary options trading and financial forums. Nothing has ever been heard of the users that were made millionaires. Such valuable occurrences never escape news outlets.

    6. Unverified Daily and Monthly Profit Earnings

    The system will never make you over $750 hourly, $18,000 daily or $540,000 monthly as claimed in the video and on the website. There is no verification anywhere in the video or on the website that any users have made such whopping amounts. These claims make it seem as if the presenter actually has no connection whatsoever with binary options trading and the financial world. There is absolutely no way anybody or any software can predict online financial markets 100%. There is no way anybody can make such huge amounts with an investment of just $300.

    Insured Trading Review: Does This Seem Realiable to You?

    7. 3years in ‘Absent’ Existence

    Mr. Oliver’s claim that the system has been in existence since 2020 is a big lie. He made that statement just to try and convince you that the software has stood the test of time. In trying to verify this claim, this study checked the system’s vitals. It was discovered that the domain was actually registered on the 5 th of September, 2020. Maybe the founder’s years consist of just 4 months. It is the only way the system would then have been in existence for up to 3 years.

    8. Deceptive Trading Accounts History

    The trading accounts history displayed in the promotional video are clearly unreal. They were just generated and put there to deceive you into believing that the software is profitable for traders. This research scrutinized the displayed trading accounts closely and discovered that it was a fake history. Take a close look yourself and note how the column for losing trades is empty. Is there any system in all of binary options trading history that has never lost even one single trade?

    Mr. Oliver Breitner

    Our supposed ‘Founder’ himself seems to be a paid actor who was just hired to act out a script. He neither looks nor talks as a person who knows anything about binary options trading. His claim to have paid a development company (Vixionella Soft) $7 million to develop the software is not true. This research investigated the development company and verified that it does not exist.

    His claim to have made more than $500 million trading binary options with the software is also a lie. How come a rich fellow like him, who has given valuable trading software like he claims to the public is not known anywhere. The search engines and social media both have no records whatsoever of him. He does not need to remain anonymous if at all he is proud of what he has created. Well, maybe he has chosen to remain in hiding because he knows that what he has created is a scam.

    In Summary

    While this article is not saying that Insured Trading is certainly a scam, the conflicting features of the system are just too many to ignore. That is how most scam systems are presented. Unlike tested, trusted and legitimate systems like Option Robot, they always leave many questions begging to be answered.

    Option Robot is a valuable binary options auto trading software which has been around for quite a while. It is continuously becoming the favorite of more and more traders. This is as a result of the real value it provides. The easy to use system has helped many traders earn profits from the market as well as increase their trading knowledge considerably.

    The system’s professional and user friendly website even carries a full list of all the registered brokers it is linked to. This is to enable you choose the one you feel most comfortable with. The one that will best suit your purposes and assist you in attaining your trading goals. The system’s sign up process is quick and very open. You are never confronted with any surprises later on after signing up.

    If you are looking to make genuine profits from the binary options trading market, increase your wealth of options trading knowledge and experience, do all these with ease of mind, then Option Robot is the trading software you should surely choose.

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    Warrior Trading Blog

    • Ross Cameron
    • Broker Review
    • Reviews
    Suretrader Review
    • Value For Investors

    Summary

    Suretrader is a broker more intended for traders who don’t meet the $25,000 requirement for pattern day trading. They do have a decent platform and offer 6x leverage but their customer service can be subpar. I would only recommend this broker if you had no other option.

    SureTrader is Closing its Doors

    In case you haven’t heard, SureTrader is closing down. Check out this article for everything you need to know!

    SureTrader Review Intro

    Learning how to day trade was the hardest thing I ever tried to do. It took me years before I found any success. One of the things I now realize, looking back, is that my learning curve took 2x longer than needed because I was using the wrong tools.

    I wasn’t using a broker designed for day trading, I didn’t have the right scanners to find stocks, and I didn’t use good charting software. As a result, I was trading at a serious disadvantage.

    Access to the Best Trading Tools

    The challenge with access to the best trading tools is that what is best for one trader may not be best for another. Additionally, we have to measure the costs associated with trading tools because the best tools may not be cost effective for a beginner trader. A few of the tools I consider to be a MUST are Trade-Ideas, TC2000 or eSignal for charting, and a fantastic broker.

    Throughout the years I have actively traded with Suretrader. When I first traded there the commissions were 4.95 per trade up to 10k shares, and they allowed direct access routing to ARCA, EDGX and other market makers. This gave them a competitive advantage against many brokers that only allowed smart routing.

    Commission Structure

    As you can see from the pricing table below, Suretrader has the highest commissions out of all the brokers we’ve reviewed when trading more than 2000 shares. I personally trade with average share size between 5k-10k, but for people who trade with less than 2000 shares the increased commission may not be as much of a factor.

    Interactive Brokers offers a similar per share pricing structure, but it’s 50% less, and they only require a $1.00 min per trade if you trade small size like 100 shares. However, Interactive Brokers requires $25k to day trade.

    What do high commissions mean for traders? If your commissions are high, you have to be extremely selective about the stocks you are willing to trade. You can’t over trade, or commissions could easily exceed your profits.

    However, one of the things we say to all of our students is “trade the best, leave the rest”. So that strategy works well with a broker that has high commissions, even though we’d all prefer to have lower commissions and more money in our pockets.

    Disabling Direct Access Routing

    An additional change at Suretrader was the decision to remove direct access routing. This means traders can no longer send order directly to the market makers. I traded there during times of Direct Access Routing, and during times of “Smart” routing only. I was profitable in both instances, but I strongly prefer the ability to choose the direct access route to send my order.

    Direct access routing becomes more important as you scale your strategy to 5k, 10k, and 15k shares. For smaller share size, it’s not as much of a factor.

    I requested that they enable direct access routing on my account, but my request was denied. I have heard anecdotally that they will enable direct access routing for some traders, but I can’t confirm if that is indeed the case.

    Mobile App

    SureTrader mobile app comes with powerful level II trading technology which allows traders and investors to place trades while on the go. To access stocks you currently own, tap “Portfolio”. Thanks to its intuitive interface, the mobile app displays the symbol’s name, account and number of shares among others.

    Orders

    As the best trading app, it provides access to all orders available on the order book. Just tap on the “Order” icon and you are good to go. As said earlier, it has an intuitive interface where data is organized under symbol, quantity and status among other variables. This makes it easy for you to trade while on the move.

    Montage

    This is one of the most amazing features available with the SureTrader’s mobile app. It allows traders and investors to quickly search for a stock and make different configurations thanks to available hot keys.

    For starters, you can make changes to the quantity and price using the hot keys. Since the mobile app is designed with power level II trading technology, you can switch between the following orders – limit, stop and market. As a result, traders and investors can get in and out of trades very fast.

    Accounts

    You can now monitor your account while on the move and access your profile data as created using either SureTrader web or desktop apps. Any changes made will be immediately accessible on all versions of SureTrader.

    Charting Tools

    Trading is never complete without charting tools. The SureTrader mobile app offers bare bone charting tools. Using the chart tools, traders and investors can implement different trading strategies and profit.

    Get the latest news on all symbols you desire. To get started, search the symbol you want and voila! News related to the symbol will be displayed immediately.

    Mobile App Pros

    • Has an intuitive interface
    • Easy to learn
    • Compatible with iOS and Android mobile devices
    • Allows you to get in and out of trades quickly and easily
    • Convenient for traders on the go

    Mobile App Cons

    • You may need to zoom in and out of the chart window due to its minimalist size
    • Access to your SureTrader account can be prevented if you lack Wi-Fi connectivity

    Final Thoughts

    As a result of the changes at Suretrader in regards to commission pricing and direct access routing, the competitive advantage they once enjoyed is now gone, in our opinion.

    For that reason, I won’t trade there. However, for traders who are below the $25k Pattern Day Trader level, they remain the only option, which means they will continue to enjoy a steady flow of traders. For traders who use smaller size, direct access routing and per share commission may not be as much of a factor.

    Despite the higher commissions, if a trader is confident in their skill, it will not stop them from being profitable, it just makes it more difficult because they have to overcome the higher cost of overhead due to commissions.

    Since moving away from Suretrader, we have worked closely with Lightspeed Financial and TradeZero to develop promotional discounts to Warrior Trading Students. Both of these brokers offer reasonable commissions and direct access routing, making them a more favorable option for a true day trader, and for our students.

    We will reiterate that using the best tools will give you an advantage, which makes it extremely important to carefully select your broker.

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    13 Comments

    ALEX

    Which one is currently the best one for a new trader who is a US resident, starting with $1000 and wants margin the benefits of margin suretrader had to offer?

    John

    Hi Ross, even though an opinion it is true. Sure trader are remarkably more expensive for the what they provide. they charge for depositing, withdrawing and sitting still. I have regretfully opened a 10K account which coat $350 in fees and now is going to cost $350 to close it. Being an overseas trader I am limited. I am looking to move my trading with TRADEZERO. people do not like being ripped-off. This is not just my opinion it is my experience with them they do lack professionalism is customer service as well, that’s another story.
    You were very generous in the 3 star rating you gave them.

    luke

    Hi ross, which broker is available for non-us residence?
    Thanks!

    Jeff

    Ton

    Interactive Brokers allows smaller orders size. It means that by executing Your order in 2 tranches, each just 1 tick below the other, Your average price improves by $0.005, resulting in a commission free order.

    Anton Steyn

    Hi Ross
    Could you please update your table above to include Trade Zero

    Randy

    What about trade station?

    Mark

    I have currently been using SureTrader for over 5 years. I just recently moved and asked them if I could close my account during this process. Long story short. They assured me multiple times that I would be able to turn back on my account with DAS Trader Level II at the promotional price I received of $20/month. Literally as soon as I said yes, go ahead, a string of emails came in apologizing for the confusion and if I wanted the same deal it was going to cost me $130/mo. This was a small account, I have spent tons of money with them on commissions over the years. They could have absolutely cared less and sent me instruction on how to close out my account. I have chat transcripts and emails that show this. Also, throughout my time with them, customer service has ranged from non-existent to fantastic. Depending on who you are able to get via phone or chat on any given day. Just my 2-cents.

    Trader1

    There are a few other major problems with SureTrader:

    1) They modify your orders in an undocumented way without your explicit approval, or route orders to places that don’t support the order you submitted, so your order gets rejected.

    An example of the order twiddling is if you submit an order with Type FOK and Minimum AON, if sent to their primary route PDQM, SureTrader will change the order on the fly without your approval to Type DAY, Minimum Any. Also, if you submit an order for Type IOC, and Minimum AON, they will honor the IOC, but twiddle the Minimum to Any. They said they do this because PQDM doesn’t support FOK, or IOC+AON.

    However, sometimes when sending IOC+AON orders, it will be rejected instead of the AON changed to Any, dependent on the route they send it to.

    Hence, the fair thing for SureTrader to do given they don’t allow you to pick your route, is to send FOK and IOC+AON orders to routes that support it, and not twiddle your orders without your explicit approval.

    2) When submitting IOC+Any orders that route to PDQM, the liquidity can be spotty. For example, I’ve sent many Limit Bid/Ask orders for a 1000 shares on various stocks, and have found that the first fill of many orders is for 100 shares, 2, 10, 68, etc. It’s obnoxious because it generates frivolous commissions at the expense of the client. If SureTrader wants to use routes that have poor liquidity, I would rather use IOC+AON or FOK orders so I get all of the shares or none at all, or SureTrader should set it so that if I don’t get at least 1/2 the requested shares the order is cancelled.

    3) Their Desktop Pro platform crashes at least once every 1-2 weeks with something like:
    DasTrader caused an Access Violation (0xc0000005) ,in module DasTrader.exe at 0023:0043e5e7.

    This has occurred on various past version, and the current 5.2.0.8. While the program can be reopened quickly, it’s pretty scary to think the program could crash in the middle of a trade. Also, others have reported their DAS software crashing, so it’s not a new issue.

    The bottom line is presently, SureTrader is inviting their clients who are avoiding the PDT rule to switch to a direct route competitor once they get their account up to $25,000.

    Joe

    Sure Trader is a scam. They shouldn’t even have the articles written about them. I’m suspect of any company that does a “review” on them.

    Ion

    Hey Ross, I noticed they changed their price structure yet again. Just found out after reading your review.

    I’ll be expecting your SureTrader vs Tradezero comparison after these changes.

    Trader1

    I wanted to follow up on a few more issues noticed while using SureTrader:
    1) You typically won’t be able to short popular, low float stocks. For example, if it’s a gapper, in play, had a big run recently, etc. Once in a blue moon something in play will be shortable, but it’s rare. Mid-cap+ stocks typically have shorts available. You want to short low floats? Get a broker that has availability (IB, CB, etc.).
    2) Leverage on low float stocks in play are typically restricted to 1:1 for days. So, don’t plan on using leverage with low float stocks in play. However, mid-cap+ stocks typically don’t have leverage restrictions.
    3) Regarding customer service, if it’s something standard, like asking them to confirm a trade, cancel an order, etc. they handle that with no problem. However, if it is anything outside of this, you will get answers that range from unconfirmed to nonsensical. Some notable quotes I’ve heard on the phone:
    + “A supervisor has already been made aware.”
    + “I’ve confirmed that…”
    + “Let’s wait and see if it happens again in the future.”

    If you use the support website, a proper resolution can take weeks, or in the unfortunate case months to obtain. Want a root cause why your IOC order wasn’t immediately filled or cancelled? You will get some red herring response that has nothing to do with anything. Also, they typically don’t read what you wrote, don’t understand what you wrote, and don’t review the screenshots you attach. They make you feel like they are just stringing you along while you pay the monthly platform fee. Bottom line, if you are using the website for support, assume the response you get is wrong until proven right by a resource other than the SureTrader employee responding to you.

    Anthony S Thomsen

    Not that anyone has answered these comments, but it seems to be part of the sell was that those who did not have the 25K could workaround. We would receive an email with recommendations. Looking at them, it seems a bit sketchy. It was part of the big sell and growing funds quickly. Maybe someone can offer different insights? Feel free to email me as well.

    Leave a Reply Cancel

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    If you do not agree with any term of provision of our Terms and Conditions you should not use our Site, Services, Content or Information. Please be advised that your continued use of the Site, Services, Content, or Information provided shall indicate your consent and agreement to our Terms and Conditions.

    Warrior Trading may publish testimonials or descriptions of past performance but these results are NOT typical, are not indicative of future results or performance, and are not intended to be a representation, warranty or guarantee that similar results will be obtained by you.

    Ross Cameron’s experience with trading is not typical, nor is the experience of students featured in testimonials. They are experienced traders. Becoming an experienced trader takes hard work, dedication and a significant amount of time.

    Your results may differ materially from those expressed or utilized by Warrior Trading due to a number of factors. We do not track the typical results of our current or past students. As a provider of educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers.

    Available research data suggests that most day traders are NOT profitable.

    In a research paper published in 2020 titled “Do Day Traders Rationally Learn About Their Ability?”, professors from the University of California studied 3.7 billion trades from the Taiwan Stock Exchange between 1992-2006 and found that only 9.81% of day trading volume was generated by predictably profitable traders and that these predictably profitable traders constitute less than 3% of all day traders on an average day.

    In a 2005 article published in the Journal of Applied Finance titled “The Profitability of Active Stock Traders” professors at the University of Oxford and the University College Dublin found that out of 1,146 brokerage accounts day trading the U.S. markets between March 8, 2000 and June 13, 2000, only 50% were profitable with an average net profit of $16,619.

    In a 2003 article published in the Financial Analysts Journal titled “The Profitability of Day Traders”, professors at the University of Texas found that out of 334 brokerage accounts day trading the U.S. markets between February 1998 and October 1999, only 35% were profitable and only 14% generated profits in excess of than $10,000.

    The range of results in these three studies exemplify the challenge of determining a definitive success rate for day traders. At a minimum, these studies indicate at least 50% of aspiring day traders will not be profitable. This reiterates that consistently making money trading stocks is not easy. Day Trading is a high risk activity and can result in the loss of your entire investment. Any trade or investment is at your own risk.

    Any and all information discussed is for educational and informational purposes only and should not be considered tax, legal or investment advice. A referral to a stock or commodity is not an indication to buy or sell that stock or commodity.

    This does not represent our full Disclaimer. Please read our complete disclaimer.

    Citations for Disclaimer

    Barber, Brad & Lee, Yong-Ill & Liu, Yu-Jane & Odean, Terrance. (2020). Do Day Traders Rationally Learn About Their Ability?. SSRN Electronic Journal. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2535636

    Garvey, Ryan and Murphy, Anthony, The Profitability of Active Stock Traders. Journal of Applied Finance , Vol. 15, No. 2, Fall/Winter 2005. Available at SSRN: https://ssrn.com/abstract=908615

    Douglas J. Jordan & J. David Diltz (2003) The Profitability of Day Traders, Financial Analysts Journal, 59:6, 85-94, DOI: https://www.tandfonline.com/doi/abs/10.2469/faj.v59.n6.2578

    Copyright © 2020 Warrior Trading™ All rights reserved.

    Insured Trading Review – Avoid the SCAM!

    Insured Trading by Oliver Breitner claims to be a highly sophisticated trading software that can make you a ton of profits, but don’t be fooled. Insured Trading is just a scam.

    In this review, we explain how Oliver uses lies and fake promises to deceive his victims, how Insured Trading scam makes money off you, and how you can make money for real from the internet.

    Name: Insured Trading
    Website: insuredtrading.co
    Owner: Oliver Breitner
    Price: $300 min. deposit

    Legitimate? NO, IT’S A SCAM
    ( full list of all reviewed scams)

    Insured Trading Review

    Insured Trading by Oliver is a binary software scam

    The selling point of Insured Trading software lies in its promise to generate huge profits for you consistently on autopilot.

    Oliver Breitner, the alleged owner of Insured Trading app claims that he can generate guaranteed profits for you every single day, and this is the stability that many people are looking for.

    However, did you notice that he calls the app “Insured Outcome App” instead of “Insured Trading App” like what’s advertised in his website?

    If you try to visit insuredoutcome.com, the old website for the scam, you’ll realize that it automatically redirects to insuredtrading.co. They are essentially the same scam.

    When more and more legitimate review sites exposed the original scam, the scammers had no choice but to give the scam a new name.

    However, they chose to save cost and re-use the old material (such as the old sales video), hoping that the new victims wouldn’t realize the small inconsistencies in the sales video.

    Insured Trading Scam Uses Recycled Fake Member Testimonials

    Fake testimonials are recycled from the original scam

    This is one of the “member testimonials” that can be found below the sales video of Insured Trading scam.

    Upon closer inspection, it can be seen that the testimonial was written for “Insured Outcome”, instead of Insured Trading that we are introduced to.

    This is yet another evidence to show that the scammers are just reusing materials from the original Insured Outcome scam to deceive new victims.

    Fake Promises Are Given in The FAQ

    The info given in FAQ are pure lies, and contradicts itself

    The FAQ section of Insured Trading scam was designed to mask the truth behind the scam, so it can be pretty confusing at first glance.

    For example, in the first FAQ, it was mentioned clearly that there will be no money out of your pocket, because you can get started for absolutely free (see screenshot highlight 1).

    However, in the following FAQ, it’s said that you need to fund your account with at least $300 to get started (see screenshot highlight 2).

    So do you need to fork out any money to get started, or not?

    In the 3rd FAQ, it’s said that you don’t need any previous trading experience to make money with Insured Trading software, and even a complete newbie can profit daily (see screenshot highlight 3). Is it really that simple?

    In the next section, we will debunk all these lies and confusions by giving you a clear understanding of how the scam makes money off you.

    What Insured Trading Scam Doesn’t Want You to Know

    The truth is hidden in the disclaimer document of Insured Trading scam
    (click to enlarge)

    As much as Oliver and Insured Trading scam wants to keep you in the dark, they have to reveal the true nature of the scam somewhere within their website, or risk being sued.

    You won’t find this disclaimer document anywhere in the sales material, because it’s supposed to be hidden from you.

    The only way to access the disclaimer is to find the small fine print at the bottom of their sales page that reads “DISCLAIMER”.

    You can authenticate our screenshot against their original disclaimer at this link: websiteterms.co/InsuredTrading .

    We’ve underlined the critical terms in red, but allow us to write them down and interpret them here:

    1. Insured Trading allows its users to trade in highly speculative investments which involve a significant risk of loss.
    2. Due to the high risk nature of trading, ‘Insured Trading’ explicitly does not make any express or implied warranties or guarantees that user will make any profit or that user will not lose any or all deposited investment funds.
    3. Trading in binary options is very speculative and highly risky… only for those investors who… are financially able to assume the loss of their entire investments.
    4. Only for those investors who… have the knowledge to understand binary options trading and the underlying assets and markets.

    We can understand a number of truths about Insured Trading scam just from these few terms alone:

    1. Using Insured Trading is far from guaranteed. in fact, it engages in extremely risky, speculative investments.
    2. Self explanatory – Contrary to what they promise in the sales materials, Insured Trading scam does not guarantee you any profit. Not only that, you will most likely end up losing ALL of your deposited investment funds.
    3. Again, Insured Trading scam admits that trading binary options is extremely risky, and it is only for investors who can stomach the loss of their entire investments.
    4. Despite promoting the software as fully automated and no experience needed, somehow it is only suitable for investors who have the knowledge to understand binary trading and its underlying assets.

    Apparently, what Insured Trading revealed in the disclaimer document is totally different from what they have promised in the sales material.

    Not only that, we understood from the disclaimer that Insured Trading is in fact, an automated binary trading software.

    To put it simply, it’s a piece of software that allows you to engage in the highly speculative and volatile binary options market.

    Is There a Way to Make Real Money Online?

    INSURED TRADING IS A SCAM. We strongly advise you to stay away from the scam if you don’t want to lose your hard-earned money.

    You’ll need to deposit $300 to use the software for trading purpose, and your money will be lost in quick successions. This is how they make money off you.

    You are better off spending that $300 deposit for a nice dinner with your family than wasting it on a scam like this.

    If you want to make money online, there are much better alternatives than trying your luck with binary options:

    Have you encountered any online scams before? Personally I’ve fallen for a few before coming across the legitimate one, so let us know in the comments below if you have any personal experience to share!

    Best Binary Options Brokers 2020:
    • BINARIUM
      BINARIUM

      The Best Binary Options Broker 2020!
      Perfect For Beginners and Middle-Leveled Traders!
      Free Education.
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    • BINOMO
      BINOMO

      Recommended Only For Experienced Traders!

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