We have reviewed Terabit Trader system and we believe that it is a scam. We owe it as a duty to our subscribers to inform them about this new fraud, which its founders are currently sending scam emails to anybody they deem to be a trader asking them to patronize their robots. If you have received an invitation from Richard Hefner the creator of the Terabit Trader signal service asking you to subscribe and fund your live trading account. This information would help you because it would at least save you some hundreds of dollars, which you would have wasted on the system.
We observed some inconsistencies in the Terabit Trader App, which is at odds with what the binary options market is all about. It claims that you can earn as much as twenty thousand dollars daily with the Terabit Trader App with an investment of a few hundreds of dollars. This is a rich scheme scam and we are always wary when we see a trading platform that promotes richness without corresponding efforts. You can discover a lot of truth about this robot if you read this review from the beginning to the end.
We looked at the system and we tried to understand how it works, especially the trading algorithm. After watching the video review, we were told that Terabit Trader relies on what it calls Optical Data Transmission Technology. The technology is such fast that it can receive trading signals at 94/100 speed rate, and this was faster than what you get from the Wall Street. Because of this, Hefner believes that his software is going to earn you money faster than what you get from other trading platforms.
The Terabit Trader creator claimed that you are going to earn more than eight hundred dollars hourly and this is guaranteed. Richard claimed that his trading system is risk free. After watching claims like this, we were completely disappointed. The video claimed that the system has already created some millionaires and they are trying to create more millionaires and that is why they decided to make the software available to many people.
Why Terabit Trader is a Scam
We have thoroughly reviewed Terabit Trader software and we are certain that nothing good would come out of it. Some of their claims could not be substantiated and there are serious questions about the authenticity of those they claimed benefited from the system.
This warning becomes necessary at this time when several apps are released almost on a daily basis claimed that they are something, which they are actually not. Do not allow yourself to be misled by Terabit Trader system because of what they claimed that you are going to earn. We want you to be sure that you are not going to earn anything from this App. Instead of earning, you are going to lose what you have already earned.
Who is Richard Hefner?
If you were used to various reviews we carried out here, you would notice that Richard Hefner is not new here. We know him because he has appeared in similar apps we have reviewed here which include the Navstar Trader, GPS Trader and so on. If you watch the Terabit Trader videos for this two-discredited software, you would observe the same pattern of presentation and they feature the same person. In each case, we have always identified that the presenter and the app creator is fake.
The same thing is applicable to Richard Hefner in this Terabit Trader software. The man is not real. He does not exist and there is nothing to convince us that he is what he claimed to be. He changes the name from one software to another. He is paid artist and he earns a living by defrauding other people. Richard Hefner is a fictitious personality. Use his image to check his identity online and you would see that the man is not telling us the truth about his identity. This is a sign that the man is a scam.
False Earnings Presentation
Another thing that can show that this Terabit Trader App is a scam is the false earnings claim. The video presentation claimed that the software could be earning you as much as twenty thousand dollars daily, and eight hundred and fifty dollars every hour. This is possible, as we know that some reliable software can achieve that, but the problem we have with this is that Hefner claimed that with an initial investment of two hundred and fifty dollars that you are going to earn that amount. This is not possible with that type of investment. This is simply a trap to corner inexperienced traders to their software and rip them off. You can earn that amount and more than that, but that has to be when you make a huge investment. Any claim that you can make that type of earning with such an investment is misleading.
Is the App risk free?
Another information we are finding it hard to swallow about this Terabit Trader software is the claim that the app is risk free. This is a lie and this casts serious doubts as to whether that app creators are binary options investors. If they were, they would not have come out with such an unrealistic claim. There is no financial asset software that can claim that it is risk free. This market is full of risks and if you want to become a participant, you must be prepared to bear the risk. Claiming the Terabit Trader Software is risk free is an evidence of a scam.
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Conclusion : Terabit Trader software is a Scam
You are not going to profit anything using the Terabit Trader software. Hefner claimed that he has made twenty-seven people millionaires, and he did not provide any evidence to support his claims. We investigated this app and the number of complaint and negative reviews it has started to generate would frighten you. If this system has not earned money for others, what is the guarantee that it is going to earn money for you? The bottom line is that this app is not going to earn money for anybody.
The Terabit Trader software is a scam. Do not be deceived by the false claims. It has not earned money in the past and it is not going to earn money in the future. It is better to stay out of it.