GPS Trader App by Richard Heffner Review

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Broker!
    Perfect for beginners!
    Free Demo Account! Free Trading Education!

  • Binomo
    Binomo

    Only for experienced traders!

GPS Trader App by Richard Heffner Review

GPS trader app is a new binary options software promising to make traders $850 per hour on complete autopilot. The developer of the system is Richard Heffner and he claims that in the past 3 months he’s made 27 random people millionaires.

Today I’ll be providing a brief review and informing the binary options public about this systems trading potential.

Your Rating: [ratings >

GPS Trader Review

The GPS trader website consists of a YouTube video, an email subscription form, and some Facebook testimonials. The video is a bit of a letdown. The developer of the product Richard Heffner starts the video off making outlandish claims and promises about his trading system. He tells us that his application and team of traders will have $20,000 in your bank account in less than 24 hours. Promises like these can’t be trusted in the binary options market. We’ve heard promises like these so many times in the past and there has yet to be a binary options product developer to follow through with any of them.

Video

Richard Heffner tells us that the GPS trader application uses cutting edge satellite technology that constantly monitors the world’s financial markets. This is the only explanation we receive and it’s just not enough. I would really like to know how this works and what GPS has to do with binary options trading. I really don’t see a connection here that’s going to make us $850 per hour in pure profits like Richard promises. As for the Facebook testimonials, I really don’t believe that these are truthful or real. If you click like, comment, share or even try clicking on the name of the person, it doesn’t even work. It looks like this is a fake page and not actually associated with Facebook whatsoever.

Today I’m not recommending the GPS trader app to any of the binary today readers. I feel as if the promises being made by Richard Heffner are too grand, and that he cannot be trusted. I don’t believe that Richard made 27 people millionaires and I don’t believe that if I sign up with this program that I’m going to have $20,000 in my bank account in less than 24 hours. These are promises that Richard cannot fulfill. Please let me know what you think about the software by writing your own review or comment below the article now. I appreciate the time you spend here and hope that this review saves you from making a big mistake.

TBBOB

Fighting online scams since 2020

Scam review: GPS Trader

This is a review of a new binary options scam called “GPS Trader”. It is presented by Richard Heffner.

Heffner claims to be the CEO of GPS Trader. His binary options trading software can allegedly make you $850 per hour, $20,000 per day, risk free. It allegedly is based on GPS satellite technology.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Broker!
    Perfect for beginners!
    Free Demo Account! Free Trading Education!

  • Binomo
    Binomo

    Only for experienced traders!

According to Heffner there is only a 48 hour window to get the GPS Trader license for free. Then you can set the software to auto trade and wait for profits to come.

Table of Contents

GPS Trader is a typical scam

Let’s start by explaining how GPS Trader really works. Heffner (or Hefner in the trading app) is a fictitious character played by a paid actor. The only purpose of this project is to make you deposit money with a certain broker, because these scammers are affiliates and will get paid for this.

This is how they make money, they earn affiliate commissions on new depositors they refer to their partner broker.

You should know that it is a scam from the moment you hear that it will make you $20,000 per day for free, risk free. Not to mention the stupid claim that satellite technology is faster to transmit data than cables on Wall Street.

Not free

So the first thing that is obvious by now is that GPS Trader is not free. You won’t be allowed to use it until you deposit at least $250.

So you will have to be risking your own money since the first trade. And you can be sure that the software is worthless and will lose your deposit.

Fake live trade

After you sign up, Heffner shows you an allegedly live trade that makes your balance grow from $50 to $88.

But the balance and the trade are absolutely fake. This is a dirty trick used by many binary options scams, they show you fake trades and fake results.

Look at the image on the right, after the fake trade you are taken to a deposit page where you can clearly see that your real balance is $0.

The software

In reality the GPS Trader software is far from unique. It is exactly the same app as used by the Cloud Trader or Insured Outcome scams for example.

You can look at our reviews and see that the dirty trick with the fake live trade is exactly the same, it is the same software.

Conclusion

GPS Trader is a rebranded scam that is using lies to take money away from you.

Poor binary options, they get abused by scammers probably more than any other trading tool. If you want to see how binary options really work and how money can be made in trading, try a free demo account.

And be sure that anybody promising you free money, but asking you for a deposit first, is a scammer.

GPS Trader Scam Review

GPS Trader is a new software offering innovative ways of controlling your Forex investments. But does GPS Trader (also known as Global Investment Satellite) really give you the best trading possibilities or it is just another Forex scam?

There was not enough information to make an informed decision about this system in order to rate them as a scam or a legit one.

We recommend you to OR find a Reliable Robot to trade with form the table below:

Table of Contents

Top Forex Robots

What is GPS Trader?

In the world of online trading, reality is uncertain and insecure. Different Forex solutions are available for those people who want to try their luck with Forex trading. There are some legit and trustworthy platforms, allowing their users generate significant amount of profits. Still, the greater part of the market is literally flooded with scam auto-trading decisions, that steal people’s money and leave them with empty bank accounts.

In this particular review, the main focus is going to be pointed at one new Forex trading system – GPS Trader, created by Richard Heffner.

This is an auto-trading robot, designed to generate profit to traders dealing online bets. It is designed upon a gps technique. The creator of the platform, Mr. Heffner, tells about it in the presenting video, situated at the top of the GPS Trader’s domain. He explains to the viewers that the robot is a result of his previous professional experience as a worker in the largest GPS manufacturing company in the world. This, he has been able to gather the knowledge required in order to create an auto-trading system with very high level of success rate.

Is GPS Trader a Scam?

After a detailed investigation conducted, we can say that the end results are concerning. There is no solid ground that proofs the legit and authentic origin of this system as well as its properly working. The other disturbing fact is that the creator keeps promising over and over again that his product is 100% secure and there is practically no risk, at all. However, everyone knows that there is no such thing as 100% security, especially when it comes to trade Forex online. It is an oxymoron, actually.

How Does GPS Trader Work?

In the promotional video of the Forex trading system, it is said that this software uses Global Satellite Positioning Systems to legally and ethically beat the markets. There is also information, saying that this is the fastest software in the world, and is capable of beating even the Wall street professionals in terms of market predictions. Still, almost each new auto-trading system claims to have the fastest software, too. So, this kind of statements seems suspicious and not a reliable source of information.

The GPS Trader places trades automatically on the behalf of the users, so no former knowledge or trading experience seems to be required. The robot should be able to make the great difference between losing and winning trade, and generate a profitable outcome for the user. The amount of money, promised to be accumulated per day is set to $20 000. This is an enormous profit, and we actually are not inclined to believe to such unreasonable claims.

NOTE: FOR A BETTER ALTERNATIVE, VISIT OUR PROVEN-TO-WORK INVESTMENT PLATFORM

How Much Does GPS Trader Cost?

The creator of the Forex trading software grants free access to all new users, willing to trade with GPS Trader. However, the free spaces are limited, and also there is initial investment amount, needed so that traders to be able to operate with the robot – $250. Other from that, there is no further information about any additional fees or taxes, related to the system use.

How to Get Started with GPS Trader?

In order for each new user to start using the GPS Trader (recently released under the name Global Investment Satellite), he should follow these steps:

  • Sign Up – a personal profile creation, by filling in information about names and valid email address.
  • Download – this process provides users with their own copy of the software.
  • Trade – by enabling the autopilot mode, each trader can start his personal trading process.
  • Withdraw – a withdrawal request should be sent to the assigned broker. However, there is no specific information, explaining how exactly this process is being conducted.

Conclusion:

Our investigation team conducted a comprehensive investigation on GPS Trader to find out if this product is genuine. As a result we cannot say that there was enough evidence indicating if GPS Trader is generating high profits. We found many reasons that made us suspicious about this robot being a scam.

In order to protect traders from bad trading experience and financial loses we recommend you to

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Broker!
    Perfect for beginners!
    Free Demo Account! Free Trading Education!

  • Binomo
    Binomo

    Only for experienced traders!

Like this post? Please share to your friends:
How To Choose Binary Options Broker
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: