Created by John Becker, 1K Daily Profit is a binary options automated trading system that has recently been released. Similar to other automated trading robots, it is user-friendly. Traders simply need to set their parameters such as risk level and investment amount.
The startup process is also quite simple as even novice traders can easily use the system on 100% autopilot. Our team conducted a quick investigation of this platform and its features, which we will detail in the following short review. Read ahead to find out if this system is just another scam, or will it work for you.
– Educational Resources
– Limited Assets for Trading
Not Reliable Service
Is 1K Daily Profit a Scam?
In order to get consistent, productive results with an automated trading system it is crucial that you choose a safe and reliable software programs. Trustworthy automated software applications should only recommend licensed and regulated binary options brokers. 1K Daily Profit does not seem to be one of the favorite systems amongst experienced traders as there is not much information as to how it actually works.
There are a lot of testimonials on their webpage that do not seem to be legitimate and the claims made by the creators are just too good to be true, not to mention the lack of evidence to back up said claims. Based on this, we cannot recommend 1K Daily Profit as reliable trading solutions. While it may not be a scam, we don’t have enough information at this time to declare it as safe and reliable.
How Much Does 1K Daily Profit Cost?
Traders will be pleased to know that there is no cost for 1K Daily Profit. However, just like any other trading system, you must sign up with one of their recommended brokers and fund your account once you have completed the signup process. Also, similar to other applications, 1k Daily Profit System does not make their commission from you, but rather directly from the broker.
How Does 1K Daily Profit Work?
1K Daily Profit works operates 100% on autopilot. However, there is the option for traders to use the manual mode if they wish to receive the binary options signals directly and make their own decisions regarding their trades. The software basically analyzes the current market trends and then makes predictions as to where the value of a particular asset will rise or fall As soon as it recognizes a profitable trading opportunity; it then generates a signal and notifies the trader.
How to Get Started?
- Create an Account: There is no charge to create an account, other than the initial deposit once you have signed with your individual broker recommended by the system
- Start Trading: Once you have funded your account, you can access the system and customize your settings to initiate trades on your behalf. If the system has a successful accuracy rate, you will start to profit from your trades.
- Withdraw Your Profits: Once you have started to accumulate profits, you can complete a withdrawal form in order to request your earnings.
- Withdrawal – lastly, you have to complete a withdrawal form and request your earnings.
Surprisingly, for a trading system that claims such a high accuracy rate, 1K Profit does not offer many special features. Sadly, most of their features are not the least bit advanced, but rather very basic. Compared to the average trading system, this one offers nothing to set it apart from the rest.
1k Profit claims to have a high accuracy rate, thus earning their traders significant profits. However, there is no substantial evidence to back up this claim. They do not offer a demo account and have little to no special features to make them rise above the competition. At this time, we cannot recommend this system as a reliable option. We suggest that you opt for a more accurate trading system that offers more features and regulated brokers.
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