GET THE LATEST REVIEWS AND WARNINGS           

Home SCAM Virtnext Scam Complaint update

Virtnext Scam Complaint update

Virtnext Scam Complaint update
975
8

Virtnext Scam or Virtnext Legitimate? Virtnext is the signal software that has gone viral in the last few weeks. But has it performed to the levels it claimed to achieve? Binary OptionSheriff had a number of complaints about Virtnext system from traders that the Virtnext customer service was not responsive to their enquiries, and that the software is not widely available worldwide. This is our updated review.

Let us clarify the situation. Virtnext App is not available in countries which include Egypt, Iran, Israel, India and Nigeria. Most of the complaints were in fact registered from Nigerian traders who wished to access the Virtnext software. Others have tried to register to the members area by using encrypted IP addresses, but this always leads to problems later when verifying your account with Brokers. So it this a legitimate complaint? Does this make Virtnext Scam?

How Did Virtnext Perform realistically? Really is Virtnext Scam?

Virtnext did not meet the advertised expectations. For those hoping to have free and easy money, Virtnext software is not the solution. The profit potential which was aspired was not realistically reached. However the performance of the Virtnext software did reach the extent of 75-78% in the money rate of success. Traders who have used the software over a longer term, have indeed managed to gain an average of $300-$500 dollars daily in trading. Starting off with modest investments like $250, this is a highly desired level of success and positive performance. It should be noted that traders who achieved this level, did in fact increase the value of their trades because they did not cash out on their profits immediately.Virtnext

Other complaints about the Virtnext system were received from traders who used the software on semi-auto trading, or using it as signal software only. These were traders who were struggling to break out from a break even situation. In instances where individuals do not have any trading experience, it is always recommended to use Virtnext software as a fully automated signal service and expose not yourself to procrastination and risk.

Another issue, which makes traders (especially those without much experience) frustrated, is the lack of activity in the Virtnext software. This is the same complaint also received for other good software systems such as Dow Jones Signals Software.

What most traders who are not seasoned, fail to realize, is that on optimal days, there are no more than a handful of great opportunities for trading profitably. When joining a manual signal group, new traders, who are over zealous to trade, also find that studied trading is passive. One cannot decide that Virtnext is scam because it does not create opportunities which are not available.

Successful trading requires patience and attention. Day trading or Binary Options trading, is not a slot machine, designed for frenzied shakes at the push of a button.

Making money online trading binary options is still a great and legitimate way of earning a separate income, but it does have its risks. Traders need to exercise money management and emotional control in order to achieve success.

CONCLUSION and Verdict. Is Virtnext Scam?

BinaryOptionSheriff reconfirms its original verdict that Virtnext is a legitimate signal software and auto trader. Virtnext is not Scam!  It has to be used within its context. You may read our original audit and Virtnext Scam review HERE.

If you are new to trading binary options and want to test the waters with just a minimum capital outlay, Trade Thunder will allow you to open an account for just $20 and their minimum trades are just $1. They also offer a Demo Account for paper trades, and a great educational site. It is highly recommended that if you are new to trading, that you try trading only in Demo Mode.
Trade Thunder

(975)

Comment(8)

  1. Hi Sheriff,
    I have been using the VirtNext app on full auto mode for the past two weeks and it has been working well for me. This is one of the better auto traders I’ve used!

  2. Virtnext is the best auto trader i have come across in a long time, really decent profits. Last 2 weeks i have made around $500, and i trade with only $50 investments!

  3. I signed up for Virtnext, but am still on edge about actually putting money into it.
    The broker I was given is called “Glenridge Capital.”
    I was wondering if you had any opinions about this broker.
    Thanks

    1. Hi Daniel. There aren’t great reviews about Glenridge. Fairly obscure really. Since we know for a fact that brokers are on a rotation, you should perhaps try to clear your cookies (google that if not sure how). Log back in to http://www.binaryoptionsheriff.com/virtnext and then try to sign up again. I would at least settle for GTOptions, who seem to be on a strong rotation. We did manage to withdraw our capital after a few weeks with them, once we had all the documentation and verifications in order

  4. Hi, thanks for good information. As a newbie to all this though, I think I am going to check into a more user friendly program…this seems to be better for those who have more experience with the whole process.

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *

I'm not a robot *

SITE DISCLAIMERS AND TERMS OF SERVICE
Information on BinaryOptionSheriff.com should not be regarded as recommendations to Trade Binary Options. Trading Binary Options carried substantial risk of loss of capital. BinaryOptionSheriff.com is not licensed nor authorized to provide advice on investing and related matters. Information on the pages of BinaryOptionSheriff are only guidelines and should not be treated as investment advice. Clients without a good knowledge of Binary Option trading should seek individual advice from an authorized source. Past performance is not a guarantee for future returns. BinaryOptionSheriff.com does not accept any liability for any loss or damage as a result of reliance on the information contained within this website. This website is independent of the Binary Options Brokers and the Signal Software featured on it. Before trading with any of the brokers, or using Signal software, clients should make sure that they fully understand the risks and check and ensure that the broker of their choice is licensed and regulated. We recommend choosing an EU regulated broker if you reside within the European Union. US REGULATIONS IMPORTANT NOTICE. Binary Options Companies are not regulated within the US. These Companies are not supervised, connected or affiliated with any of the regulatory agencies such as the Commodity Futures Trading Commission (CFTC), National Futures Association (NFA), Securities and Exchange Commission (SEC) or the Financial Industry Regulatory Authority 9FINRA). Please NOTE that any unregulated trading activity by U.S. Citizens is considered unlawful. Trade only at your own risk. CFTC rule 4.41: Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown. All information on this website are for educational purposes only and are not intended to provide financial advice. Any statements about profits or income, expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold Binary Option Sheriff.com and any authorized distributors of this information harmless in any and all ways.

Translate »