We have found another scam on the internet called Glory Trader Software. After carefully considering it, we cannot advice anyone to use it because chances of losing money with this software will be 100% sure.
You see, shady software developers and brokers work together to steal money from unsuspecting traders’ accounts. They do this by creating a software with an algorithm designed to lose. Therefore, what we can tell you for sure is that the Glory Trader system knows how to do its job well.
The main website of the Glory Trader system has a video with stories and testimonials of how people are making money with Glory Trader software. They claim they have made it in life with this trading bot, and that anyone who watches the video will also make at least $2,000, guaranteed.
But we wonder where all this money will come from? Will it miraculously drop from heaven once you finish watching the presentation video? Certainly not, you will have to deposit some $250 and wake up to the reality of an empty account.
Secondly, we do not know if the website promoting Glory Trader system belongs to the software developer or the broker company they are working with.
They claim they’ve been making people millionaires for the last 5 years and would be glad to make you a millionaire as well. But they also forget that the presentation video has made it clear that not everyone should have access to this secret that makes people millionaires. The two statements are contradicting, and even confusing because new traders who are about to sign up don’t know what to trust.
Why Glory Trader is a Scam?
This website doesn’t have any information worth reading or trusting
This website does not provide sufficient information to tell traders what algorithm and strategies they are using in their software. Instead, the whole page is filled up with empty promises to make you feel good. Everything in that website sounds too good to be true.
But it should be noted that genuine software have websites with sufficient information. Instead of using cliches such as ”you will get free $2,000 after watching this video” or ”This auto-trading bot is the most profiting software out there”, we would rather have an explanation with proof on how this software works.
Is Glory Trader a scam: More evidence unleashed below
Glory Trader website has a board displaying members’ earning for the week. But we must say that there are a lot of suspicious thing about this board.
First, all the names of those traders have been listed in Arabic language. We do not know whether all traders using Glory Trader are of Arabic origin. Even if we look at the their faces in the testimonial section, most of them don’t look like they belong to this origin.
You must be aware that this is a ploy meant to confuse you even further. The profits they make (according to this board) are just insane. The win rate is always beyond 90%. There is no loss recorded whatsoever!!
Obviously all this information is made up. If only the Arabic language could be converted to English, you could see that the same people whose names appear on that board this week will be there next week and the week after that.
The usual fake testimonials
Scroll down the Glory Trader website and you will come across a bunch of smiling faces suggesting that Glory Trader system is making them rich, and is the reason why they are living a comfortable life.
But there is a high chance that those images have been lifted from somewhere. There are a lot of things that are not right about this software, hence we cannot trust the testimonials as well. Most members are also portrayed to make insane weekly profits that is not possible to make with a trading bot.
The truth is, traders are not interested in being told how other members are going for holiday in Disney Land, driving posh cars, living large and doing everything that money can do.
Apparently, scam software leverage on the things that sound good to the ear to lure you into using their software. Do not be misled by how well these fake personalities are living.
Glory Trader software has not be proven to work
Just because the actor in the presentation video says Glory Trader works doesn’t make this software genuine.
They claim some members have made a billion dollars with this software. But there is no proof to support those claims. All they are riding on is verbal claims that cannot be relied on.
Also, the idea of a bothersome banner popping up all the time on the main page is something that is typical of scam websites.
This banner keeps reminding users that they could double the money in their pockets without any work (provided they signed up to use the software). It also keeps saying that one should enter their email address to receive free money.
However, it should be noted that there is nothing like free money in this world. Glory trader software and other reviews promoting it make it sound like getting rich with this software is just a breeze. Once you put it to work, it will trade on your behalf and make you profits every day.
You should note that this is a typical language that all fraudsters use. So if the people behind Glory trader signals are following the way of all scams, then we can confidently presume that Glory Trader system is a scam as well.
The owners of Glory Trader system
We know that Philip Michaels is a fictitious character and what he is promoting doesn’t exist either. The only reason why this software and fake reviews are existing is to get you opening an account with them so they can earn commissions with the broker. The broker will be responsible for stealing all your money, and thus they will benefit while you lose.
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Finally, let us also make it clear that Micheals and the company he is promoting does not exist. Therefore, forget about the guarantee of recovering money when you lose it in Glory Trader system. Again, all the photos of the alleged company members have been lifted off somewhere on the web. Don’t be confused by other reviews attempting to convince you otherwise, this is pure fraud.
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