Compound Trader Review

Name: Compound Trader

Website: compoundtrader.co

Price: Free to join, with $250 deposit

Owner: Albert Henderson

What is Compound Trader?

Compound Trader is a binary options trading software that was released in 2016. However, it used to be called Globe Traders so it is actually an old software. They trade minerals such as iron, cobalt, nickel, and more. Very similar to The Cobalt Code (another scam).

It is an automated system that has a very aggressive marketing campaign to lure traders in and get them signed up. The creator (Albert Henderson) shows off all of his fancy cars, vacation spots, and mansions to grab your attention. Most scams do this because all they want is your money, it is a common scam tactic , and they do not care about you. I advise you do not invest in this system, but you can read the full review below before you make any investments!

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Pros and Cons of Compound Trader

Pros

• Free to join
• They have an app

Cons

• You have to make an initial deposit before you start
• They lie to you (no one makes $770 per hour)
• The automated system can take your money faster
• There are no guarantees or warranties
• They do not employ licensed brokers

How Does Compound Trader Work?

When I tried to join Compound Trader (by filling out your full name, email, phone number, and password) it took me to Omega Options . This is another binary options trading system that I have done a review on, and they are very sketchy. Some people say they have made money with them, but others say that it is a complete scam. They also use Money Mentors Club to promote Omega Options (red flag).

I logged out of the system and tried to create another account, and when I did it took me to a different binary options system called Starling Capital . So basically it randomly chooses a system they are affiliated with so they can make commissions.

Usually when companies use another system to promote their real system, it is a scam. They need other systems to help promote it because most people have deemed it worthless. The people that have made money with this system are the creators or people have been in the binary options business for a long time, but there is NO WAY you will make $770 per hour or $12,000 a day ! All they want is your deposit so they will make commissions off of you, and they do not care about you.

The Compound Trader testimonials are fake, and they are made by paid actors. The beta testers are just getting paid to say positive things about the system! They also use a countdown, saying your spot is only available for a limited time. However, this is just to get you to join faster, there are PLENTY of spots available because they want as much money as they can get (this is another common scam tactic ).

How Much Does Compound Trader Cost?

Before you can start making trades you have to make a deposit into your account. Depending on what system they redirect you to depends on the minimum amount you have to deposit. It can range anywhere from $250 – $350 .

They say the system will work for you, but this is a complete lie. It will automatically make trades for you, but without doing your own research you will lose the trades. No one can accurately predict if you will win or lose a trade!

All you can do is make an educated guess and hope you are right. It is just like gambling. Once you lose all of your initial deposit you have to deposit more to continue trading. Do not join this system unless you want to gamble all of your money away.

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Compound Trader Support

It is very easy to lose with Compound Trader, and they make it difficult for you to withdraw your money. They do not offer very much help, and their support gives you the run around.

In their Disclaimer (picture below) they do not guarantee that you will make any profit, or that you will not lose all of your money! That just shows you how much of a risk you are really taking. There are MUCH better ways to make money online with little or no risk.

Final Thought

You should not waste your time or money on this Compound Trader system! It ranks very poorly compared to authentic binary options systems, and you will not make money with this system. Even if you are very familiar with binary options trading, you will find out quickly that it is a rip off.

I do not recommend you get involved with binary options trading at all because of the extreme risks. If you want to a legit way to create an online business, you need to check out my #1 recommended program . It is free to join so you have nothing to lose.

Verdict

If you have any questions or have had experience with Compound Trader, please leave a comment below!

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Karissa