Is Virtnext a SCAM Automated Trading System

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Is Virtnext a SCAM Automated Trading System

Posted on by Patrick Jones

I was recently asked about Virtnext, an automated trading tool for binary options and quite honestly I was a bit shocked from what I found out. There’s a lot of criticism today about various scam systems and marketers trying to dupe you, and quite honestly true to now after checking out the Virtnext App we understand why this is the case.

Update: Virtnext is now being marketed as Crypto Virtnext. But its the same crap.

Now people always ask me, well why is it that some systems are so successful while others fail almost immediately? And my answer will always be the same, it’s the people behind it that matter and what their values and work ethics are.

In the end everything is reflected in what we the customers receive, so here’s the really important stuff Virtnext scores extremely LOW across all of these main parameters:

Accuracy: ITM trades SUCK at around 50% “without any form of human intervention” because its on random – try shooting craps you will have better luck.

Reliability: Uptime is 78%, which means there are a ton of communication or sever issues that cause delay or errors.

Transparency: Everything is shut down and not open or plain to see. That being said, the integration with the brokers is performed seamlessly and there are no bugs or graphical problems.

User Friendly: Very intuitive and easy to use system, pretty much a done deal and once you set your preferences you are ready to go and lose your money.

Customer Service: Crap! they never respond and the mail bounces.

Compared to the countless number of scam software offers and bogus promises of instant wealth, Virtnext was one of the few systems that actually exceeded the level of filth and found play. It goes without saying that this is no simple task to achieve and while many con artists try, only a select few are able to reach this type of success.

Signals Versus Automated Trading (Bots)
Generally speaking I will always choose signals over bots because I’m a bit of a control freak. Additionally, giving anyone full control of your account balance is more than careless, it’s outright negligent in many ways and just like you wouldn’t hand someone an open check you should think very well about letting someone or something trade on your behalf without any serious form of oversight and performance monitoring.

Still, many people prefer bots over signals, so if you have to choose a tool go for one of our systems in the recommended section. On the overall I DO NOT recommend this software so let there be NO hesitation or a even a hint of doubt. I’m fully confident the people behind this software will continue to provide a fraudulent and thieving automated trading service for binary options, and if they don’t I absolutely reserve the right to change or amend this review in a way which reflects the truth as my readers view it – so leave me a message if you feel this system is a hoax.

About Patrick Jones

Exposing financial scams since 2015 on a daily basis. Patrick has an academic background in Journalism and a knack for delivering snappy and relevant reviews. View all posts by Patrick Jones →