Profit in 60 Seconds say that their software makes binary options trading almost risk free.
The software that Profit in 60 Seconds uses is claimed to provide indicators on binary trades alongside a percentile probability. The system is dependent on you calling or putting (whichever Profit in 60 Seconds tells you to) when the probability is at 90%. Profit in 60 Seconds gives you these indicators on over 20 currency pairs from the Euro and the Pound right through to US Dollars and Japanese Yen. All in all it sounds pretty promising but with no word on where the indicators come from it’s a little bit worrying in my book.
What is the investment vs. the rate of return?
At $997 this is far from a cheap product. There is a 30 day free trial but once that has passed you’re expected to purchase the full license for the cost mentioned above. Then there’s the trading bank which Profit in 60 Seconds say should be at least $200.
With the recommended bank the creators say that you should be able to make $2400 in your free trial period. You can then expect to make this each month but as the system is scalable Profit in 60 Seconds say it’s easy to make more.
Does the product provide value for money?
Since it’s so expensive it’s rather difficult to call Profit in 60 Seconds value. Yes there’s the free trial and that goes some way towards making up for the cost but it’s quite difficult to get over that almost $1000 figure. That having been said if you were to use the free trial and the product works as claimed you could easily cover that cost. Even there though there is still the potential risk of losing your trading bank.
Conclusion
On paper this seems like an easy decision. Take the free trial and use the money earned from that to pay the costs of a full license.
That’s all well and good but unlike cheaper systems where you can play on paper for a while and then decide whether to come in it seems like it’d be rather difficult to raise the money for the full license. This coupled with a lack of information on where the indicators come from make this look like a very risky system.
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