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Binary Boom Review

By on April 25, 2015 in Binary Options with 0 Comments

Welcome to my Binary Boom Review.

Before I start – Click here to see my no.1 recommendation for making money!

Binary Boom is a ‘Free’ Binary Trading System recently released onto the market.  Binary Boom’s creator Denis Anchor claims it can help you become a successful Binary Options Trader because the system is “Turning the Binary Options Trading Industry on its head.

Binary Boom Review

Binary Boom Review

A pretty bold claim!

So is Binary Boom really going to make YOU rich or is it just another Make Money Online scam.

Lets take a closer look…


Click here to see My No.1 Recommendation for Making Money


If you are new to Binary Option Trading I can imagine that the Binary Boom website and system could look very appealing particularly all the testimonials in the video.

I’ll come to why you shouldn’t be immediately taken in later in my review.

If you’ve never Traded Binary Options before here’s what you should know:

In finance, a binary option is a type of option in which the payoff can take only two possible outcomes, either some fixed monetary amount of some asset or nothing at all (in contrast to ordinary financial optionsthat typically have a continuous spectrum of payoff).

So essentially what we are saying here is that once you place your Trade you either Win or Lose a lot like gambling.

See the below Statement taken from the websites Risk Disclaimer page:

‘Binary Boom’ allows its users (hereinafter: “User(s)“) to trade in highly speculative investments which involve a significant risk of loss.

Trading in Binary Options is VERY SPECULATIVE AND HIGHLY RISKY

Binary Boom doesn’t require you to Sign Up and it says the Software is Free to download and use and both of those points are true however what you are NOT being told is that you will still need to deposit funds to trade.  Its at the point that you deposit your trading funds that the Affiliate makes his commission which is normally in the region of $250.

Binary Boom Review

Binary Boom Review

The Truth about Binary Boom.

The creators of Binary Boom aren’t in fact Binary Traders they are Internet Marketers who have created numerous Binary Option products such as Binary Matrix Pro, Insider John and Insured Profits to name but a few.

These products have been responsible for 100’s of users losing money.

Insured Profits claimed that you couldn’t lose money as ALL the trades were insured.  Users of the system soon found out that the trades weren’t insured and of course lost a lot of money.

Consider this…

Why would you consider using a system that is being promoted by someone that actually makes money selling the system as opposed to using it?  To me this doesn’t make any sense at all.

Is Binary Boom a Scam?

Binary Boom is another product in a long line of Binary Option Software products.  These offers are just an elaborate way for the Affiliate, in this case Denis Anchor, to make a $250 non refundable commission out of you when you deposit trading funds.

The software behind Binary Boom will give you absolutely no advantage in the Binary Options Market.  Its still win or lose.  More often than not when it comes to Binary Options its lose.

Binary Option Trading isn’t a game for the naive or inexperienced its a very skilled task and one of the easiest ways to lose thousands if you don’t know what you are doing.

My Recommendation

Binary Boom is another Binary Options Software that is designed simply to pay the affiliate a juicy CPA commission.  I can’t recommend this software to anyone.

Click here to see my No.1 Recommendation for Making Money!

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Review by Simon

Successful Online Entrepreneur and owner, editor and writer at IM Insider Reviews (IMIR) Simon, an avid coffee lover, splits his time between writing for IMIR and running his other successful online businesses. And of course, drinking coffee :-)

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