Trading robots, also known as automated trading software, are a great way of earning some extra cash on the binary options market. They use sophisticated algorithms paired with analysis of immense amounts of data to create trades with very high chances for payouts. However, not all robots are created with traders’ best interests in mind, and today we will hopefully uncover one such product. Centument is an example of fully automated trading software that promises thousands of dollars in a matter of days. Also, it claims to be the top-secret technology responsible for success of many Wall Street brokers. Both of these statements sounded a bit exaggerated, so we had to take a closer look. Read our detailed Centument Review and see what we found!
Centument Review | Alluring Presentation
In order to provide you with all the details in this Centument Review, we’ll start things off with the way this software is presented. The moment you open Centument’s website, you’ll be bombarded with a bunch of one-time-only offers, testimonials and promises. At the very start, a video will start playing, featuring a man called Gerald Reed. A self-proclaimed successful Wall Street trader, he will explain to you that he left his former position during recent financial crisis. While still working for the big shots, he started a company called Centument Ltd. He apparently wanted to create a type of software that could help ordinary people get rich in a short amount of time, so now he’s giving away free copies of his revolutionary auto trader called Centument. Right next to the video screen, you can see various reviews from widely respected sources such as Bloomberg or CNN. Various praises are scattered everywhere around the website, making things even more tempting. This looked pretty suspicious to us, so we did some research and got genuinely surprised by the results. Not only is Gerald Reed not a Wall Street legend, but no one has even ever heard about the guy. On top of that, there are no mentions of Reed and Centument software, and the aforementioned reviews by reputable sources turned out to be fake, as well. So far, this looks like a fraud, but maybe we simply looked in the wrong place. Keep reading our Centument Review to find out more!
Centument Review | Unregulated Trading
Next, our Centument Review will deal with the process of opening an account, as well as with the trading interface. Account creation procedure is actually pretty fast and divided into three stages. On the home page, you will have to provide your personal email address. The next step includes the company CEO guiding you via an embedded video. Here, you’ll have to provide your name and surname, cell phone number and master account password. You will then be redirected to the platform page and asked to make your initial trading deposit with your dedicated broker. This deposit is usually set to 250$ and the moment your payment is registered, you’ll be available to use all features offered by Centument software. Sounds great, right? However, we managed to find some major issues here, as well. First of all, a wide selection of brokers, which is a must-have for auto trading software, does not exist here. You will be assigned to a predefined broker, so you don’t really have a say in it. Secondly, all the brokers here are unregulated! This means that no one supervises their business operations – therefore, your funds might get stolen or you might be exposed to platforms with fake asset prices. Also, although the trading software interface offers trading signals, they are often of poor quality, so you won’t get much profit if you decide to trade in accordance with them. Finally, the platform lacks some key adjustment options, such as money management and trading algorithms. The bottom line is, we won’t recommend this software, but we’re still not done here. There are even more alarming facts we have to mention in this Centument review!
Centument Review | Lack of Support
Customer support teams should be available to all traders at any time, helping them resolve any issue they encounter on their trading journey. This is the case with legitimate brokers and robots. But, as this Centument review has proven, you can’t expect any help if you get stuck with this robot. We tried to contact the company’s support team several times, but our questions were met with nothing but silence. Therefore, we can freely conclude that non-existent support team is yet another part of this sophisticated fraud scheme. But one question still remains: what’s the deal with so many positive testimonials throughout the page? Are people really that happy with this software? Next part of Centument Review has all the answers, so just keep on reading!
Centument Review | Fake Testimonials
As was mentioned in the very first part of this Centument review article, you’ll find many testimonials from “delighted customers” on this website. Some of them state that this software helped them significantly increase their profits, making them trading superstars. Others say that they managed to multiply their monthly income without any knowledge of binary options. Various social network posts also state that Centument trading software is a life changer. However, after some investigation, we came to a shocking conclusion – none of this is true! These people are actually made up and their portraits are in reality stock images found all over the internet. Furthermore, there are a number of online reviews stating that Centument is nothing more than a complete fraud. Many traders say that they are unable to withdraw their profits. Therefore, we can honestly say that you should avoid this robot at all costs. After this, we can finally finish Centument Review with a clear conclusion.
Centument Review | Conclusion
In the conclusion of this Centument Review, we simply must once more advise you to stay away from this software. Beneath the shiny appearance and well-tailored background story lies a fraud system that will surely leave your penniless. There are many trusted robots out there, so give them a try instead. Read our other reviews and make your choice!