- Report: #1295830
Complaint Review: Dr. Steven Archer - Internet
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Author Not Confirmed
Why?
Dr. Steven Archer
Internet, USA
Phone:
no phone available
Web:
www.trade.tauribot.com
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Dr. Steven Archer Tauribot.com tauribot.com/?clickid=455488701&p1=2496893&p2=jamesblack binary options; day trading; scam Chicago Illinois Internet
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Reasons why Tauribot is a scam
For anyone who has considered binaryoptions trading on the internet, my advice is research carefully and decide if going to Vegas to gamble is a better option. Dr. Steven Archer is a “professor” who claims that his Tauribot software will simplify binary-options trading for you and make astounding profits. All you have to do is deposit your hard-earned money into a brokerage account and let Tauribot churn your $$ into huge sums of money. HHHHHHUUUUUGGGGGEEEEE!!!
Despite what Dr. Archer says, your brokerage account is not like a bank account, unless you are a broker who considers customers’ money to be his own. When you go to deposit your money into a brokerage account, you have no control or idea of who the broker is. In my case, I put my money into GTOptions and OptionsFM. I had no idea of how honest GTOptions is until I did my research after the deposit.
This brokerage has the worst rating on www.(((REDACTED))).com. They have 1/2 out of 5 stars. Furthermore, basic level accounts have their withdrawals either completely limited or are prone to charges if their count goes above one. I asked about withdrawing my money from one of their sales staff and he said they would send me an email. I know that I won’t get any more communication from them unless they want me to deposit more money. The agreement they sent me (after I deposited) was full of limits on my ability to get my money back. These terms included:
l The trading requirement for bonus withdrawal is the sum of total bonuses and total deposits multiplied by 30.
l Bonuses & promotions made to account are subject to compliance with terms of the offer. These include (but are not limited to) deposit amount, trading requirements, GTOptions terms, and specific bonus terms.
In short, the terms are whatever they say they are, and they make up the rules as they go along. The user interface for Tauribot.com has a “deposit” button, but no “withdrawal” button, which is bad news if you want your $$ back. But wait! There’s more!
Dr. Archer touts the contribution of (15-year-old) autistic savant Ian Tauranski to his money-making scam. This “boy genius” came up with the algorithm that makes binary options trading successful 92% of the time. Making money is as easy as clicking a mouse. People make thousands of dollars in income every week!! Poor Dr. Archer had to devise a contest for the best and brightest to solve his math formula to make binary options trading super successful. Lo and behold, this kid solves the equation and allows the good doctor to peddle his product to beta testers. This would be great IF IAN TAURANSKI ACTUALLY EXISTED. However, my searches for Ian turned up web sites that pitched Tauribot.com or were anonymous press releases written to ABC affiliate stations. These press releases were thinly disguised pitches to buy Tauribot.com. I could not find info about where Ian Tauranski went to school or if he actually worked for Dr. Archer. In fact, if you search for any information about Tauribot, all you get are bland reviews about it not being a scam or portals to buy the product. This clown has thoroughly scrubbed the Internet of all derogatory information about Tauribot. But make no mistake about it, there is derogatory info about the brokers that you are forced to deal with.
GTOptions has plenty of bad information about it, and I would suggest www.(((REDACTED))).com as a starting point. I suppose you will also find bad info about Options FM as a broker. In addition, you will also be placed on a spam/call list and you will get sales pitches from every sub-human life form. I recently got one from GSI Markets, which isn’t even my broker, asking me to deposit more of my money into their sh**** rat-holes. Even though I live in Saudi Arabia, these low-lifes call me now that 21st Century technology makes telecommunications so cheap and simple.
Looking at the Tauribot video again, I noticed one important detail that should have alerted me to the scam potential: how many male “professors” do you know wear eyeliner?
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