The Zen Trader software by Mr. Zen is a scam trading robot, and we blacklisted it in our fair and impartial review and investigation. The founder of the website is a fraudster and fictitious character who makes money by cheating and stealing money from the innocent day traders who do not understand the intricacies of binary algorithms and how trading robots can generate losses instead of gains. A word of caution, if you possess little or no knowledge of online trading and are currently struggling to make ends meet or looking to make a quick buck trading binaries online, you are the primary target of this scheme. In addition, its worth mentioning that the nature and severity of the complaints we received is very disturbing due to the highly misleading and deceptive nature of this fake app and auto-trader. Keep reading to see how we exposed these liars and why Zen Trader is a dangerous financial scam that will steal your money.
Official Scam Website, Login Page, and Members Area: http://thezentrader.co/
Proof of SCAM
Below you will see a section of the testimonial section in the Zen Trader members area. It’s plain to see these creeps use fake testimonials, and steal images which are scraped off the internet without permission. In fact, this image was taken from another old scam named the Fisher Method, only there the actor was named Jacob Clark (go figure). There is a myriad of additional red flags which surfaced immediately after looking at this bogus app, and we will try to point them out as we progress with our investigation.
How The Scam Works (Modus Operandi)
Zen Trader poses as a legit app, but it actually works just like any other fraudulent software by targeting opportunity seekers looking to make a better life for themselves. It does so by making false promises of ridiculously high gains, and in this way it tries to bait you. Invariably, these types of schemes start with a video which depicts the life of a rich billionaire, but how the story ends is very well known to us. Hyped up claims and exaggeration include (but are not restricted to) an illustration of a private jet, a mansion with a swimming pool, fancy cars, and a rich lifestyle. Beware, these are just mere illusions designed to trick and bait you, you will not earn a single cent from this software.
Zen Trader Software Review
The story immediately starts off when Mr. Zen harps on the usual rags-to-riches story about how he started out flipping burgers for a living and now he has more money than he knows what to do with since he is a billionaire. He said he traveled to New York to open his own trading company and made “a cool 372 million dollars, but he wanted the secret sauce.” So he hired a team of analysts and trading habits to create algorithms that “mimic” all the trading scenarios. He claims that trading has nothing to do with algorithms and that his engineers created a model that compares it with news and financial markets. He claims the success or win ratio is an “astonishing 94%, and that is how the software made him a billionaire.
In reality, this person is a ghost and these slimy crooks are selling you nothing but hot air and snake oil. This is what we refer to as an “old school” scam because it is cheap and designed to get maximum baiting effect with a minimal investment. You will see all the classic scam tactics such as fake testimonials, hyped up claims, inflated bank accounts, and stolen images scraped off the internet or recycled without written consent.
Is it Free?
Guess again, it’s going to cost you at least $250 to get started and that money will be deducted from your credit card by one of their slimy brokers (which may or may not be regulated).
Signals Versus Trading Robots
If you are deliberating it is with good reason. There are many systems out there that offer you massive riches on auto-pilot at a click of a button. We have made sure to weed out all the fraudulent software and showcase the best, most reputable, and consistent money-making machines.
Review Conclusions and Recommendations
The Zen Trader software and trading robot is a malicious scam and has been blacklisted by our experts in this candid review. Be warned! Under no circumstances are you to invest with this auto-trader and fake signals provider. No matter how bad you need that extra cash, if you decide to test the waters you will surely have your money stolen and credit card information compromised. If you have received any kind of Spam Email communication in regards to this offer, make sure to unsubscribe from it and don’t click on any links since we have received reports of spyware .exe files being downloaded in the background without permission. If you believe this system to be legit or genuine we regrettably inform you that it is anything but trustworthy and the affiliate marketers pulling the strings behind it will fleece your wallet and send you on your merry way without a trace of guilt or remorse. In light of all the compelling evidence we compiled, we kindly ask our members and subscribers to seek alternative means of investment. To learn more join our Facebook Page and YouTube channel.