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Cloud Trader Reviewed is it a Scam?

Cloud Trader Reviewed is it a Scam?

Cloud Trader App Scam Review

Is Cloud Trader a scam? No, but Matthew Shepherd CEO of Cloud Trader is a bit of a dick in my opinion, I’ve read about him in the past, he’s one of those guys that just keeps coming back over and over again with various businesses. Back in 2008 he was pushing forex trading systems, some of which were quite good to use, but his bad hair really winds me up.

Putting my personal feelings about the guy as an individual to one side, he does actually come out with good products, so when I heard that he was bringing out a binary options application I was naturally quite keen to see it, however it’s not out yet but when it is I’ll be sure to get over to www.cloudtraderapp.com to test it out.

I found out about it from the binary trader magazine that gets posted out every month, and according to the press release it will be made available to the public in May 2016, but I see today that it’s now available.

The claims of the software are that you can make as much as $1250 in your first day of trading, however until I can actually have a look at the software for myself, I can’t comment as to whether it’s actually that good or not.

is cloud trader a scam

Going back to Matthew Shepherd, I used some of his products in the past, and I did make money, but this was on forex trading, and to the best of my knowledge this is his first attempt at making binary options applications, so this can either be a really good thing, or a really bad thing.

So what is the Cloud Trader Software?

Well it’s apparently the 1st 100% strike rate binary trading software that analyses faster than any other application in the market.

Whether this is true remains to be seen, now that it’s finally out I’ll start testing it when I get the time, but in the meantime if you want to have a look for yourself, head on over to www.cloudtraderapp.com see what you think.

I’ll be adding a video to this blog later this week, I just wanted to publish this part of the review now since it’s making the rounds already, and that if you want to try something from a proven business man in trading and with claims of analysing rates of 7 millionths of a second, it’s certainly talking a big game and probably worth a try today.

So if you want to test Matthews claims of $1250 if you first day, go to www.cloudtraderapp.com as they even give you a free $50 to start trading with, which is pretty awesome.

cloud trader $50 bonus

So is Cloud Trader a scam?

The short answer in this review is that no, it’s no Cloud Trader is not a scam, but unfortunately they have used a fake demo as you sign up for the service to convince you to join.  There is a silver lining to this though, and that’s the fact that they do actually put their money where their mouths are, and you are able to withdraw the $70 bonus you get immediately after joining.

The drawback, is that you have to deposit $350 to get that $70, but then can either trade with $420 or take the $70 out of cloud trader and leave the $350 to trade with.  I chose the latter, and I continued to trade through my balance using their auto trade settings.

I was allocated binary book as my broker with Cloud Trader, and after a week of trading with the cloud trader app I’ve managed to leverage my balance from $350 to $1947.25 in little over a week, as you can see from the screenshot below which I took on the 22nd of March.

cloud trader after 1 week

I’ll continue to trade with Cloud Trader, but I feat many people will think they’re a scam because of the way they deliver the $70 bonus, it’s nothing more than a marketing gimmick to get you interested.

It’s a shame, because I think this will put people off cloud trader, and they’re going to miss out on a steady app that can deliver profit.

So is cloud trader a scam?

No, certainly not but they could do with some improvements on the way they market their service.

Or if you want to try some software that is actually working for me at the moment, I regularly review industry apps, and you can access the ones that are working for me at the moment by clicking HERE

If you’re not interested in auto traders however, but you want to learn how to trade don’t forget we’re now live with our Trend Xpert service which you can see at www.trendxpert.com


cloud trader