Many people want to know if we think Ultimate4Trading is a scam. We are pleased to help by giving an accurate review of this free binary options trading software and assessing whether it is a scam or if it is a system that can be relied on for successful trading.
In this review we set out the pros and cons of using the free software, the signing up process and the cost of funding a trading account. We also review how well the Ultimate4Trading App works and how useful it is for trading in binary options. We have examined the results that people are led to expect and reveal how those results compare with the actual experience of using the software for trading in binary options.
########## SCAM UPDATE ##########
Based on Readers Feedback’s posted in Comments all over our site – many are now saying that Ultimate4Trading and EZTrader are SCAMs. Our positive reviews of those products were based on only 1-week trials. We apologize for any inconvenience.
If you are looking for a trusted trading robot system then check out Copy Buffet. Several traders on our staff have used Copy Buffet and have had great results with it so far, with 86% WIN RATES across the board for over 4 months..
What is Ultimate4Trading?
The Ultimate4Trading software has been developed by four undergraduate students who wanted to create the most profitable trading system, based on an algorithm that can accurately forecast what the outcome will be for movements in value of various assets in the global markets.
A complex automated trading system has been designed by the four students for their Ultimate4Trading App. In fact the trading signals are now based on a number of different algorithms. The trading software has been continuously tested by the students, in an effort to ensure that it is getting the calculations right when analyzing the markets to find the best trades.
The four students have succeeded in designing trading software that is extremely simple to use. Everything works automatically so that anyone can start trading binary options, even someone with no previous experience of the markets or any knowledge of financial trading.
How Does Ultimate4Trading Work?
You need to follow the instructions you receive after submitting your email address and you will be required to deposit at least $200 with the broker chosen for you by Ultimate4Trading.
Once you have funded your trading account, you can instantly start to use the free Ultimate4Trading Software and receive trading signals. All you have to do is respond to a signal by setting the amount you want to put into your binary options trade and clicking on a button. Everything else is done for you by the software, to complete the process automatically and pay profits into your trading account.
A fast way to build up profits from your binary options trades is by choosing the 60 seconds options, which have a high hit rate. You should not spend more than one tenth of available funds on each trade. When you win more than you lose, you will be able to gradually increase the amount for each trade out of the profits from your earlier trades.
Before you go live with your trading, you are encouraged to try out a demo account, which will give you a success rate of between 75-100%. The Ultimate4Trading signals are meant to be 80% accurate in their predictions but when you start to use your own money for live trading you should expect a lower success rate.
########## SCAM UPDATE ##########
Based on Readers Feedback’s posted in Comments all over our site – many are now saying that Ultimate4Trading and EZTrader are SCAMs. Our positive reviews of those products were based on only 1-week trials. We apologize for any inconvenience.
If you are looking for a trusted trading robot system then check out Copy Buffet. Several traders on our staff have used Copy Buffet and have had great results with it so far, with 86% WIN RATES across the board for over 4 months..
Is Ultimate 4 Trading a Scam?
When we were doing our research for this Ultimate4Trading review, we did find plenty of positive comments from people who have had some success using the software for their binary options trades and have been able to make a decent profit.
We have also viewed a number of negative comments posted online, which suggest that Ultimate4Trading could be a scam. In presenting our unbiased review we have taken a look at the reasons behind both the negative and the positive comments made about Ultimate4Trading software.
Everyone who has praised the system, after using it for their binary options trades, has commented on how easy it is to use and how well it has been designed. We agree that a lot of thought has gone into developing this software so that anyone can make use of it. There is no need to have any specialist financial knowledge or advanced technical ability.
Most of the people who have given a negative Ultimate 4 Trading review are complaining about the fact that the system requires them to use EZTrader as their broker. This particular broker has been criticized for having very specific withdrawal terms and for the amount of time it takes to transfer money out of a trading account. Unfortunately this is the only broker that you are allowed to use when you sign up for the free trading software.
As we pointed out earlier in this review, when using the demo account to see exactly how the system works, it always shows a very high rate of success. There have been several complaints made about the fact that during live trading with Ultimate4Trading there is a much higher percentage of losing trades. This does not mean that Ultimate4Trading is a scam, but it does look as if it is guilty of misleading people into expecting at least 80% profitable trades.
Pricing and How to Join
The creators of the Ultimate4Trading software say that they are offering everything for free because they want to test the response from members of the public who are invited to try out their trading app.
It is a very simple process to register for free from the official website and to set up a trading account with the binary options broker. There is a minimum requirement for funding your account but once you have deposited at least $200, for use in your first binary options trades, the software is free to use as often as you want.
Conclusion
When reading our review you will have noticed that there are some concerns about whether or not Ultimate4Trading is a scam. There does appear to be an issue for some people about the way that the demo account yields much higher profits than when they rely on Ultimate4Trading signals for live trading. There is also the fact that the broker you are required to use for this system has been the subject of some complaints.
On the positive side, we have found genuine comments from people who have given Ultimate4Trading a good review. They all say that their success rate was lower than they had expected, but they found the trading software to be extremely easy for a complete beginner to use.
The conclusion of our Ultimate4Trading review has to be that some caution is necessary when deciding whether or not to register and make use of the trading software. There may or may not be an Ultimate4Trading scam but it is certainly true to say that not everyone is happy with the requirement to use EZTrader as their broker or with the results they have achieved when trading from Ultimate4Trading binary options signals.
