Checkout our detailed Satellite Trader Review : All the evidence suggests that Satellite Trader Software is a total Scam. No real evidence is provided to support the integrity of the product. This is one to avoid! Rather ironically the Satellite Trader system tends to follow the accepted formula for identifying scam sites. It has all the hallmarks of being yet another low cost yet high return binary options scam.
As we shall see in this Satellite Trader review nothing about this system really adds up, and little if any genuine evidence is provided to suggest that the App works. Everything about the operation is exceedingly shady. There’s absolutely no contact details, nor evidence that alleged multimillionaire Tim Stafford even exists! Truth be told the Satellite Trader program is little more than a confidence scam preying on people who are inexperienced with binary trading. So without further ado – let’s get on with the expose!
Why The Satellite Trader Software is Scam ? Unbiased Review !!
Even the shadiest of scam sites deserves it’s chance in the dock, so let’s take a second to outline what the Satellite Trader Reviews has to offer it’s investors. The tale relayed by Mr Stafford is outlandish even by the standards of rogue trading systems. Withing spinning the whole yarn, in a nutshell he alleges that the 1% of society have been using this secretive money generating software for years to control and make money from the markets. A mysterious ‘Mentor’ selected Tim – for unspecified reasons – to receive a knock-off copy which, after he has made himself a cool quarter billion dollars, he is now ready to share with the public.
Well, it could happen – in Hollywood! The Satellite Trader software was designed by a highly secretive collaboration of world leading experts, and is powerful enough to earn up to $20k/day. Oddly and again for unexplained reasons daily earnings are capped at twenty grand. Quite probably this is an attempt to make the Satellite Trader system sound realistic, as too is the speculated 78% win ratio which is actually within the realms of possibility.
The ratio and earnings cap equate to a strange beast, which contradicts how the Satellite Trader review software is suggested to be pretty much infallible during the early stages of the presentation. It doesn’t really make sense – especially when claiming that early adapters to the system are already raking in millions. That’s because these people are hired actors, who have been signed up to claim that their lives have been turned around thanks to the Satellite Trader App. All businesses use actors in their video marketing, but it seems odd that if the system is so successful that Tim couldn’t ask one of his ‘friends’ to participate.
How Effective Is the Satellite Trader System ? Review !!
This is the big question as there’s no evidence anywhere that this system works at all. Even during the marketing presentation review video at no stage is there any demonstration of the software at work. The Satellite Trader website is a very sparse affair, and provides none of the detailed historical performance statistics that you’d expect to find on legit trading sites.
Naturally this seems a little odd when what Mr Stafford is ultimately trying to promote is the alleged power of his software – but yet he seems very reluctant to show it in action. Consequently it’s only fair to assume that this is because the Satellite Trader program isn’t close to as effective as it’s alleged to be, and must be alone taken as pretty firm evidence that this is a scam.
Why Signing up With Satellite Trader App Results in Losses ?
Hold your horses – by no means should you get close to even considering signing up with this review system! But there’s a peculiar quirk with using the Satellite Trader software that is worth examining to outline quite how shady this outfit are. In order to be able to even deposit and access the cloud-based software users need to provide a fair amount of personal information. Allegedly this is because at stages Tim may need to contact his ‘friends’ personally.
There’s a few anecdotes of what happens when people supply this information and progress to the final stages of the application. Usually they tend to balk at the minimum $250 start up capital required to trade with the Satellite Trader review platform and navigate away. Shortly afterwards several claim that they receive high pressure sales calls from Mr Stafford’s representatives desperately trying to convince them to sign up. Even should this total invasion of privacy be repulsed, they then receive huge amounts of spam email originating from numerous addresses in order to bypass spam filters.
This is just one of the aggressive sales techniques are subtly and overtly used to market the Satellite Trader system. Even during the presentation video there’s a countdown which allegedly will dismiss the viewer’s candidature upon expiry. This is complete nonsense – just refresh the page and it starts again anyway.
All in all this Satellite Trader Robot is obviously pretty shady and hardly the way any respectable or reliable financial service would operate. After all if Stafford is as rich as he claims to be – then why would he be so desperate for a couple of hundred bucks that is ostensibly to be traded via his Satellite Trader platform anyway? At no stage does he request any form of remuneration – so why’s is such a big deal when a potential investor gets cold feet? Obviously it’s because he plans on just running off with those deposited funds.
The Satellite Trader Website Has Zero Accountability !!
There’s not a single drop of reviews anywhere that Stafford himself even exists. Money can buy many things but when an individual is as wealthy as he claims to be, you can bet it won’t buy anonymity. This begs the obvious question of who is really behind the Satellite Trader scam? As we’ve seen throughout this review, this site is all about making big promises with next to nothing in the way of foundation. Yet still it’s hardly unreasonable to expect a detailed explanation of a service which is going to set any investor back a minimum of $250.
As with many Binary options trading scams this where the wheels fall off. There’s next to nothing on offer in regards to customer service. There’s not even an address or telephone number, let alone 24/hour live web chat support. Instead all that is offered is a generic email address for all inquiries.
As mentioned above during the Satellite Trader registration process, they’ll have all your details and your money, yet you will know practically nothing about who is actually behind this scam. When this review software suddenly (and quickly) trades away all the deposit leaving a balance of zero, you can be sure that money will instead have gone directly into the accounts of the people behind the Satellite Trader scam.
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Final Thoughts : The Satellite Trader is Complete SCAM !!
The Satellite Trader App stands out as a scam because despite not having a leg to stand on, it does a pretty fair job drawing people’s interest into their nasty little scam. The reviews and video is well presented without providing an inch of detail, yet this is by no means enough to distract from the simple fact that people who invest with this organization are throwing their money away. To date there is no genuine proof that a single person has made money from Satellite Trader Autotrader. Heed the advice of this Satellite Trader review and don’t even consider signing up with this operation – there’s some genuine traders out there who aren’t looking to rip you off.