TAI Robotic: Another Binary Option Scam & It’s As Artificial As It Gets
Quick Summary of TAI Robotic
Rating: 1 Just another Binary Options scam!
The Good: None that I can see
The Bad: Exaggerations, hype and blatant lies are abundant here. As well as that there is no proof that this system uses AI, but a lot of evidence points to it being a fake.
The Bottom Line: Binary Options betting is basically betting on a coin flip. Would you trust someone who told you they could guarantee if a coin would land on heads or tails? Not in a million years. Avoid binary option trading scams and stick with our tried and true methods of making money online instead.
TAI Robotic Review
Artificial Intelligence (AI) is becoming big business worldwide. It’s already being implemented into many things that we use in our day to day lives, and while it’s not truly sentient (yet) this high level coding is the future.
As you may know computers are excellent at doing complicated tasks really quickly, so it’s a no brainer that things like AI will be used in making money.
It’s also a given that unscrupulous scammers will use the AI angle to try and make a profit from someone like you.
That’s why when I came across TAI Robotic I had to know if this really is the next big thing, or just another Binary Options scam.
What is TAI Robotic?
At its core TAI Robotic is an auto trading platform that suggests it can turn a small amount of money into a larger amount quickly, with less risk than normal.
This is not an unusual pitch for a Binary Options system, in fact most of them state they are using award winning, unique, advanced, never before seen software that will revolutionize the industry and make you rich.
Using AI is, in my opinion, just another angle in a never ending list of ways to sell you something.
Who’s Behind TAI Robotic?
Unlike a lot of other Binary Options systems, TAI Robotic starts off by telling you that the spokesperson is an actor, a man wittily named John Doe.
The reason for this, or so they say, is that the real brains behind the operation is a computer geek with no people skills.
This gentleman, one Alex Knecht, is so bad at selling an idea that he needed someone to speak for him.
The video shows Alex trying to explain the system. Apparently he’s a computer programmer using NVIDIA technology to write software for self-driving cars in Germany, and through this created an AI for trading.
On the video he uses highly technical terms related to self-driving cars such as deep neural networks, dumb sensors and non-liner transformations, DNN’s and CNN’s.
The actor playing this person, and it really is just another actor, speaks in a highly hammed up way trying to show nervousness and intelligence. He doesn’t pull it off very well.
The reason I know this guy is an actor is he also promoted a Binary Options scam called Azure Method, though there he used the name Paul Carr.
The Sob Story
Stories sell, so of course there is a sob story behind this particular sales pitch. Alex’s friend has cancer and in order to raise money for treatment in the US, he let his friends put $250 into the system. TAI Robotic then generated $10,000 in one month, and quickly brought this to $250,000 in 3 months.
Those figures are completely thrown out there with zero proof!
What I don’t get is that Alex has apparently been trading successfully since he was 9 years old (so illegally then), so surely by now he has millions in the bank and paying for his friends treatment wouldn’t hurt his bank balance too much.
This is especially so if his software can turn $250 into a quarter of a million dollars in 90 days!
It’s irrelevant, this is just a story to try and make you think the system is real.
Let’s be sensible here, none of this is true.
The idea that some geek out there has created AI related software that can beat the markets is ridiculous, especially when you consider that this is about Binary Options, not proper stocks.
Binary Options is effectively a bet on whether a stock will go up or down over a short period of time (a minute or a few minutes) rather than the long term investments most people are used to.
As such it’s effectively a coin toss as no trend data can be used on such a short time frame, in which the stock behaves erratically.
If you think about it clearly, if someone was able to turn $250 into $250,000 in three months it would be worldwide news as suddenly everyone is rich and the markets collapse.
Binary Options is a high risk venture no matter what trading software you use: there’s no magic bullet, no special software that can guarantee you make any money let alone vast amounts of it.
As well as the obvious hype, exaggerations and lies put forward by TAI Robotic, they also use a Binary Options broker that has a number of red flags raised against it: Royal Markets Online.
This company based out of St Vincent & the Grenadines via a PO Box number and as far as I can tell they are not registered with any governing body anywhere.
As well as that, a quick Google search brings up some worrying comments like this:
An unregulated broker based in a tax haven basically means if things go wrong you have no one to turn to and are quite unlikely to get your money back.
The Bottom Line
Binary Options itself is not a scam, though I would never recommend anyone to try it as it is such a high risk venture.
TAI Robotic on the other hand is an out an out scam. They are simply trying to funnel you to sign up with the broker and will use any trick or lie to do it because they make money when you deposit funds in the broker account.
My best advice to you is to avoid TAI Robotic and Binary Options in general and look for a better way to make money online.
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