A couple of days ago I was doing a bit of research for a review that I was writing here on MMOZ. Nothing new there since this is what I do all the time! However, today I was looking into a totally new system that has just exploded onto the internet and it left me with one of those “been here before”, sort of de-ja-vu kind of feelings. In fact I had to double check to make sure I wasn’t reviewing the same system twice! But no, seems like the creators of these systems have really found a winning formula and so are sticking to it. If you read my Safeguard Trader review then you might see the similarities. Never the less, for those of you that are looking into the Navstar system, please pay attention as this review could save you a lot of hassle! Welcome to my Navstar Trader review.
Navstar Trader Review – First Impressions Of The Site
At first glance this new system looks pretty good with a pretty decent looking website and sales video. The site has plenty of flashy features that make this offer seem legitimate and tempting, especially to anyone that is new to making money on the net. But I have been looking at these systems for a long time now and have even spent my own money testing them. I’ve spent a lot of time and money to gain the knowledge that I gladly share with the readers of my site. There are currently hundreds of scams that take many different forms on the internet today. The world of binary trading is one niche that is full of scam systems and that’s exactly what we are looking at here.
Navstar Trader – Sticking to the winning formula!
It seems that the same scam artists that created the Safeguard Trader software have returned pretty quickly with yet another binary trading software application. Navstar Trader copies everything that Safeguard Trader did, even down to the sales script. Sure there are some changes here and there to the script, they have a new actor who claims he can put thousands in your bank by this time tomorrow and of course the logos have changed. But make no mistake, this is exactly the same system with exactly the same scam running in the background!
Both of these systems begin by telling you that within 24 hours you will have a large amount of money in bank account. Although you might think that this sounds like a scam right from the very beginning, these guys know what they are doing and they know what buttons to press in order to get you to believe what they are saying. The scam used in the Navstar Trader system follows a very similar story line to so many other binary trading software scams. In the case of Navstar Trader, they want you to believe that this software is going to be launched to the general public very shortly and that they need “beta testers” in order to prove that the system works. Because you are going to be a beta tester, you get the software for free. How very kind of them!
Why is Navstar Trader Free?
In actual fact the reason that the software is given away at no cost is to protect the creators of these scams legally. Although most people often miss the small print found hidden away at the bottom of these sites, the terms and conditions also protect the scammers. Before getting involved with anything like binary trading it’s always a good idea to know exactly what you are getting into. You see, the creators of these systems can pretty much say what they want within their fancy videos so long as they include certain things within their terms and conditions, warning you of the risks!
The Navstar Trader Risk
Risk is exactly what you will be taking if you get involved with Navstar Trader. Like many of the other trading software applications that we have seen online, this one has only one purpose and that is to take your money. Although the creators claim that you get this software for free and technically this is true, you still need to invest money in order to make the software work. The software itself is simply a cover and a way to get you to open a binary trading account. The scammers will tell you that in order for the software to trade and make you money, you must first invest at least the minimum amount in order to activate the software. The minimum amount varies from broker to broker but usually it’s around $250 – $300. Some scams will encourage you from the beginning to invest more, whilst others will wait until later down the line. The software has no clever algorithm that accurately predicts trades, instead the software’s main goal is that you lose all of your money as quickly as possible. Why? Because every time you invest money with the binary trading broker, the makers of Navstar Trader get paid a percentage of your investment.
The sad thing about these scams is that normally there isn’t a lot that you can do to get your money back if you have already lost it. The warnings within the site terms on the Navstar site and the fact that you didn’t pay anything for the software is enough to protect the creators of the scam. Investing money with a binary broker is very similar to betting in many respects and there are no money back guarantees!
If you have any experience with Navstar Trader, please leave a comment below!
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