The Ted and Chris Dwite Confirmed Profits binary options trading software located at website: www.confirmed-profits.com, which claims that online users can generate $2000 a day using an abandoned government project, is another binary trading software scam. There is no such binary option trading software. Also, if you search the internet, you will not find Ted and Chris Dwite, the so-called creators of the "Confirm Profits" auto trading software on any reputable websites. The scammers behind the fake software and website aims are to trick online users into signing up for binary options trading accounts with a broker and depositing a minimum of $250 in order to get started.
The scammers will then make commission from the money disposited, every time their online users trade, whether they lose or earn money on their so-called investments taking part in very risky binary options trading.
What is Binary Options Trading?
Simply put, Binary Options trading allows you to basically trade by saying “yes” or “no”, and if you predict the right outcome you win a predetermined amount. If you are wrong, you lose your money.
Remember, the trading of binary options can involve overall market risk. In nearly all cases markets can and oftentimes do move in various directions without ample warning. Although there are ways to predict potential market movements, even the most thorough of analyses cannot always accurately pinpoint exactly which direction the market will take.
Online users, the best way to get to know Binary Options trading better is by using a demo account. With such an account, you can trade under real market conditions without risking your own money. There are a lot of websites on the internet which allow you to setup a demo account. Just search for “open demo binary options account.”
So, online users, do not be fooled by the scammers who are running the "Confirmed Profit" auto binary trading software scam. Remember, there is such software.