By the time we wrote this post, HFT Finance already being released to the public for weeks. Just like other binary options scams out there, we expect that HFT Finance will be disappearing from the market sooner or later.
This product is not even featured in popular financial media
This product is created by someone who claimed to be the CEO of HFT Finance trading software, John Williams. According to the video, he works with a team of professional brokers, well versed in the secrets of Wall Street Exchange trading. The creators of this product claim that they have been features in popular financial media. However, based on our investigation, this is actually a lie.
John Williams is actually an actor
Based on our investigations, John Williams is not even a real person. He is obviously an actor working with certain binary brokers out there, trying to sell you this software.
Why we don’t recommend this product to our readers
Reason 1: HFT Finance doesn’t work with a regulated broker. If you are into trading for 2 minutes, probably you should realize that there is a huge difference between a regulated binary broker and the unregulated ones.
Regulated brokers will have some kind of license from the local government, such as CySEC (Cyprus), FSA (The UK). Unregulated binary brokers, on the other hand, doesn’t have that kind of license.
If you made money with a regulated broker, chances are, you can withdraw your fund plus your profit. On the other hand, if your binary or forex broker is not regulated, then you have to say goodbye to the money which you’ve deposited.
Reason 2: It is not really free like being advertised on the website. Sure, you can just give away your email and real phone number on the website, but all you can see it the software dashboard itself. If you want to see how this software works, you have no choice but to deposit money into the recommended broker.
You might not know this, but a real binary broker or software allows you to test their systems or strategies on a demo account first, before putting the real money on the line. A demo account is actually a trial version of the app, where you can see how the software works, how to adjust the settings and the overall profit of the software.
Reason 3: HFT Finance software doesn’t even have the right settings on how this app works. You cannot set whether the software works based on indicators or trends, let alone minimize the risk for every trade.
In case you didn’t know, the problem with almost all trading systems is the fact you cannot make the profit for every single trade. Expect to lose some and to win some. But overall, a good software will have a higher winning ratio and the losing ones.
Where to go from now?
We highly recommend that you forget these type of overhype binary options products. Real products that works doesn’t even have income disclaimer on their website because there is no need to do so.
Always, always find a trading software that allows you to trade on a demo account first, before depositing real money on the line. Check out our #1 recommendation here.