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  1. #1
    casinojack99 is offline Public Member
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    Default Anyone here who owns a binary options bot

    Hey

    I am seeing these ads coming up more and more where people getting sold a free binary options bot. How the business model works is to get these bot for free in exchange for a sign up and deposit on certain binary options brokers.

    Just for interest is anyone using this kind of business model here and how is the conversion rate? And are these bots actually working or is it purely a tool to generate depositors.

    Thanks for any input!
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  2. #2
    TheGooner's Avatar
    TheGooner is offline Private Member
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    Default

    Quote Originally Posted by casinojack99 View Post
    And are these bots actually working or is it purely a tool to generate depositors.
    Yes - of course there is a foolproof way to make easy money ...
    And the inventors are so rich that they are selling them for small amounts to everyone who wants one for $29.95 !!

    We're all rich and have lots of unearned money - what's wrong with you - why haven't you got one ????


    Binary brokers just love having new depositors that are always making money magically on their trades ...
    And when their exchanges are full of people with these autobots .. somehow they all magically win all the time ...

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    Back in the real world - sensible people know a scam when they see one - and don't need to ask ...


    REMEMBER : If it involves an outlandish claim and Binary Options ... then it's NEVER TRUE ...

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  4. #3
    casinojack99 is offline Public Member
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    Default

    Sorry my question was stupid of course I doubt that they work. My point was more if anyone is using this strategy to generate sign ups at binary brokers. Or is this strategy not used by affiliates and more by brokers directly?
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  5. #4
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    TheGooner is offline Private Member
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    Default

    I'm sure that you knew really - I was just making sure ...
    Sorry if it seemed a bit harsh ...



    But I'll be interested to see if any Options affiliates reply as to whether it works as a marketing technique ...
    I think it would be difficult for an Options affiliate site to retain credibility if they pushed this as a serious thing ...

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  7. #5
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    universal4 is online now Forum Administrator
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    Default

    How can a bot get signups WITHOUT the user signing up being involved?

    Now are the bots you speak of the same annoying bots that constantly scan the few messenger services that are left and blindly approach (spelled SPAM) anyone that happens to be running their messengers and are online at the time the bot approaches them?

    Or are you speaking of an AI type of bot that answers a series of questions in a live chat on a website (not manned by a human)?

    The first method of spam what is truly needed are for the messenger services to start blocking ip addresses, email address and parent alias's when the spammer are caught and get enough complaints.

    In addition, the options affiliate programs need to start dumping affiliates using this type of spam method.

    Now the second type of bot that runs on a website that answers questions using AI artificial intelligence, answering questions based on keywords within the questions, I could see this working to a small limited degree.

    However, I think conversions would not be very strong as many would figure it out it was a bot and either be offended, or very uncomfortable making a deposit based upon a bot "talking" to them.

    Rick
    Universal4

  8. #6
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    Rick - this is about winning binary options bots - with claims of winnign 75%, 85%, 95% of the time!!

    It makes the right calls all the time - all you have to do is follow it's advice to win .. win ... WIN !!!
    No experience required ...

    Just sign up and get your free money making bot !!!

    Surely you've seen the high profile campaigns ?

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  10. #7
    universal4's Avatar
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    Oh, thanks for explaining that Paul,

    I guess I have to agree with you I want one of them thar bots guys too....sheesh I can be rich next week right?

    Do they got one for the pennies and otc market?

    Ummm I always dump the stock scam spam/binary option crap....so I never bother reading the drivel....lol

    Rick
    Universal4

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  12. #8
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    Omg, hate when some affiliates promote such robots. I mean people can earn money on binary options if they put a mind to it, but with Robot, you are going to loose everything! Because of such robots industry is getting ruined, and people start to think that binary options are scam as a whole!
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  13. #9
    mrbinary108 is offline Non-sponsor Affiliate Program
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    Bots appeal to newbies who dont have time to learn to trade but want to make some quick cash. These bots are targeted at newbies not veteran traders who know about binary trading and the learning curve thats involved.

  14. #10
    TheSpry is offline Private Member
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    Default

    I'm completely out of the binary niche for a good while now.

    Those bots appealed to the desires of people to make money on autopilot. They did convert. It felt slimy. Glad to be out of that niche.

    An odd thing to me was that they converted even when scores upon scores of others commented on what a scam they are. It always surprised me the more complaints of scams didn't deter the signups.

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