Have you heard about Terabit Trader software yet, well if you haven’t then let me tell you this is another new binary trading scam out in the market to fool innocent people & take away their hard earned money. And to woo people they are claiming that using their system anyone can make $ 20,000 per day for the rest of their life. Now that sure does sound amazing and any newcomer will probably end up investing in their fake trading system, but the sad reality is that they will not earn even a penny, instead, they will lose whatever they have invested. So in this regard, my teammates & I thought of exposing them in this Terabit Trader review.
Terabit Trader Review
After doing a little research about Terabit Trader system, we finally found out their website, when we landed on their website, we weren’t quite surprised because the site kind of looks shady and the layout seems to be unfinished, however, that won’t come to notice of many considering the fact the lies they are selling to make people use their system.
Although, the website’s design looks quite good but there are certain things, which will make anyone suspicious, anyway like all the binary trading scam site, Terabit Trader also includes a video, and what seems to be a promotional video turns out to be a short film, because the length of the video is around more than 30 minute.
However, this is the only source of information present on the site, so we thought of watching it. The video begins with a bit false info about Optical Data Transmission, and a fake news quote of CBX Business news. After a while, a person shows up explaining about Terabit Trading software and how did he managed to make 27 people millionaire within just 3 months. And as mentioned earlier, the person also claims that using this software anyone can earn around $ 850 per hour. But the person claiming to be the CEO of this so-called revolutionary software seems that he doesn’t know simple mathematics.
As the video continues, he tries to bring some concept of Networking, which you won’t probably understand a bit unless you are an IT guy. A hilarious part is that according to the person they are using supercomputers, which are set up all across the globe, but they are offering the software for free, which make no sense.
We also hear Mr. Richard stating that only the person selected can watch this video, but if it is true why on earth it is uploaded via YouTube, and the channel name used by them seems to be illogical as this the best auto trading software available at present. And the so called CEO goes furthermore and states another ridiculous hoax that the software is 99 % accurate, which is another false information.
In the video, we also see a popup banner coming in & showing the number of spots left, and here’s the fun part, as mentioned earlier, the video was uploaded via YouTube, so no matter how many times you watch the video, you’ll see the same thing.
In binary options trading industry there is a saying “ If a site has transparency issues, it’s a clear indication that it is not a safe”, the same thing can be said about Terabit Trader software, as we looked up the site we found quite a lot of things, which seems to be quite doubtful.
The first being the Social media sites icons, and basically, these are just useless icons, as we clicked on those icons there was no action, so we don’t who was the web designer but we would definitely say that he did a pretty dumb job. And on top of it, the ‘Contact Us’, ‘Register’ & ‘Login” link also doesn’t seem to work.
The second thing, which we found was quite surprising, the site doesn’t have any kind of customer support, and without customer support a beginner is bound to get stuck, so just think for once if you are using this software, and you come across any kind of failure or crash then you are completely doomed. Furthermore, there is also no ‘Contact Us’ page, so, in short, there is no way, you can get in touch with them.
From the video, we learn that it is binary options trading software, however, as we looked up the site, we didn’t found any kind of info regarding the assets, it lets you trade on, and furthermore, there is also no info on the deposit & withdrawals procedure. Overall, if a binary trading system is filled up with such kind of issue, then it is clear indication that the system is being used by some unregulated & unlicensed broker.
As we found out the video channel, we also found some other information, which made our claim more legit, in the channel, we found out that the video was uploaded on 19 September 2016, but according to Mr. Richard Heffner, the system has been live for more than 3 months.
Who is Richard Heffner?
According to the promotional video, Richard Heffner appears as the founder & the CEO of Terabit Trader, however, while doing some research, we came to know Mr. Heffner also seems to be founder & CEO of GPS trader, which again happens to be a binary trading swindle.
Therefore, Mr. Richard Heffner doesn’t exist in real life, and the person appearing in the video is a paid actor, who is reading from a well-written script. This point made our belief stronger that Terabit Trader is just another scam.
This is another common trick, which is quite extensively used by a fraudster to make people believe that their system is genuine and works smooth as butter. And the fraudsters behind the Terabit Trader also seems to have implied this method. At the middle of the page, we see some testimonial, which is also false. And the photos of the person you see on the site can be easily collected from sites like Fiverr, Shutterstock, Pixabay, etc.
Final thoughts on Terabit Trader Software
So, our terabit trader review ends here. It would be fair enough to say that Terabit Trader is just another binary options trading scam, which overhypes about binary trading & tries to sell false information. Their website itself contains several things, which appears to be fishy, which includes a fake counter, fake menus, etc.
So, if you receive any kind of mail from Terabit Trader scam, we would highly suggest that you stay away from it because if you fall in their trap, then whatever amount of money you invest, you will lose it all. Instead of joining this system, we recommend you to use Code Fibo software instead.