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Hexa Trader Review – Scam Software Or Another Scam?

January 12, 2017 By Todd Foster Leave a Comment

The path to financial freedom is not easy. It is riddled with traps, lies, and scams. No matter how easy it is projected to be, attaining financial freedom is not a cake-walk. We would be discussing a new trading system, the Hexa Trader in this review. Like almost all other software that are launched to perform binary options trading, this one too promises to fetch financial freedom for us. You must have come across it either through an email, social media or by word of mouth publicity. Talking about ourselves, we received an email too and as we always do; got down to investigate it further. So, let us see whether it really does what it says, or you should just avoid it altogether. Read our full, impartial Hexa Trader review and do not miss anything.

hexa trader scam review

The Hexa Trader Software Review

We are introduced to the Hexa Trader software by its creator Ex-MIT computational science professor, Prof. Rupert Connor, in the video available on its website. The video is creative, and I personally love the hand drawing type of videos. One thing that was distinctively odd was that we never got to see Prof. Connor in the entire video. The software works on full auto mode, and one doesn’t need to interfere in its working apart from the initial setup. The software is characteristically inherent and easy to use. Allegedly, Prof. Connor started Hexa Trader in 2013 to “crack the code of making money in binary options through the hexadecimal number system.”

The algorithm which is the backbone of the Hexa Trader software makes extensive use of hexadecimal numbers. The ‘proprietary’ Hexa algorithm can convert binary values to hexadecimal values. This has been put to use in revealing the most profitable market positions instantly. If the video is to be believed then anywhere between $1,100 and $1,600 of daily profits are attainable through the Hexa Trader. It has also be shown in the video that over 1,000 beta testers are already using the software and are happy souls. Some of the beta testers are also shown thanking the Professor and praising his software. Throughout the video, an account summary screenshot is continuously shown which purportedly tries to show over a million dollars in an account, but whose account is it, we don’t know.

stock photos

Should You Trust The Hexa Trader?

The sight of millions of dollars in bank accounts and being able to get a software which supposedly can earn such amounts for ‘Free,’ always makes us suspicious. This is not the first time that we see this pattern of statements. Amidst all the talks of how the Hexa Trader capable of making money consistently and how unique is its algorithm, we decided to reveal to you the reality.

We have gathered enough reasons which would make us advise you to stay away from this software. Below we discuss one by one what oddities we discovered and why you should not trust the Hexa Trader software.

Also check Penny Millionaire software review & Tesler App Review.

The Hype Around The Algorithm – Just a Sham!

We are told repeatedly of how the Hexa Algorithm is capable of converting binary digits to hexadecimal number system. Is it really something very high-end? Believe me, when we first saw this trash talk, we could not help spilling into bursts of laughter. If the ability to convert binary into hexadecimal is something great, then we say even unlocking our phones would qualify for something equally tremendous and mind-blowing! If anyone of you has studied computer science of which Prof. Connor is an expert, you would know how easy it is to convert binary into hexadecimal, and there is nothing special about it. I mean even the dumbest in the class would eventually learn the technique for the conversion if taught.

Unreal Success Rate of Hexa Trader Scam

Just how much is the winning rate you have achieved in your own trading? We are sure it wouldn’t be as high as 94.7%. We firmly believe this is hyped up and the claim is not true even remotely. In all the real trading we have done and observed over the years, surreal looking profits and winning rates point to just one thing, SCAM.

1,000 Beta Testers – Not Enough?

If the sole purpose of the sales video was to rope in more people to use the system and pay a ‘cut’ of 2.5% on the profits at the end of every month, then we suggest they stop calling the users as “beta testers”! For any software product that requires testing and in the case of binary options auto trading software which desperately want the user feedback; 1,000 beta testers would suffice any day. We are sure even Google doesn’t employ so many testers for any of their software releases. We say – “Don’t hide your real intentions under the garb of philanthropy and not ‘beta testing’!”

Inconsistent Statements

Throughout the video, there is no consistency as to what does an average trader earns per day. Sometimes it’s stated as the users make between $1,100 and $1,600 per day on an average. At other times it is stated as $1,200 on average. The figure then magically changes to $1,300 per day. Did the over one thousand beta testers not fetch enough data for them to confidently state exactly what has been the average income of the traders? The software places trades on which it can guarantee a return of at least 245% to 360%, it’s stated in the video. Somewhere down the line, the statistic changes to 240% to 460%! This simply shows the seriousness of all this staged drama and the intentions of the scammers.

The Game Being Played

The scammers just want to trick you into depositing the mandatory $250 with the brokers of their choice. The so-called tested brokers have been tested on how well they can convince you into depositing more and more money into your trading account. The more you invest, the more is at their disposal to lose. Your loss is broker’s profit. The software scammers are paid very well by the brokers in the form of affiliate commissions. You would not have the liberty of withdrawing your money as promised. Just in the course of a few days, it’s likely that you would be left with little or no money whatsoever!

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Conclusion

We are pretty sure that the statistics and the whole basis of the Hexa Trading system i.e. its algorithm are misleading. We would strongly suggest that you desist from investing in it. Our experience tells us what we are telling you about this software. Thanks for reading my Hexa Trader review carefully. So, stay away from Hexa Trader scam and stay safe.

Related

Summary
Reviewer
Todd Foster
Review Date
2017-01-12
Reviewed Item
Hexa Trader
Author Rating
21star1stargraygraygray

About Todd Foster

I am a nature lover who wants to visit every part of this world. I was totally fed up with all these scams which were occurring in binary trades. So, I decided to come up with a blog to provide real information about these programs to people.

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