When we searched on Google about HB Swiss, our first thought is this could be a new forex EA robot. However, after signing up into the website and see how the system works for ourselves we were actually quite disappointed since this is actually a binary options robot and not a forex robot. 

Enter HB Swiss and Hans Berger
Hans Berger claims to be the owner of HB Swiss robot. In the video, he mentioned that he is a Swiss national and have developed his forex robot in the spirit of the best traditions for quality. His product got lots of attention from traders and investors. 

However, we don’t think that all of the claims are true. In fact, what think now is Hans Berger is actually an actor hired to sell this product. 

 

They advertised this product as FREE
Just like other binary options scams we’ve seen lately, HB Swiss is being advertised on the website as free. Yes, it is actually free for you to see how the member’s dashboard looks like, but then in order to make this software works for you, you are required to deposit at least EUR250 into their recommended broker. 

In case you are wondering, this is how the member’s area of this software actually looks like:

We cannot view or navigate even more of this software since there’s always a pop-up window that urges us to deposit money into their recommended broker. We don’t know about you, but in our case, we are directed towards CT Options and sometimes to PW Trade. Both are NOT forex brokers. Both are actually unregulated binary options brokers. 

 

In other words, if you are looking for a real, working forex robot, you will be likely disappointed this since is actually other binary options trading software and not a forex EA robot. 

Can anyone make money with HB Swiss?
The short answer is: We doubt that and we don’t recommend that you deposited money into their recommended broker. For several reasons:

#1: This software makes it sounds so easy to make the money with their trading robot, while the fact is, it isn’t. The real, working trading robot or software must look like this one:

#2: You need to deposit money in order to make this software works for you. This is in fact, another newbie trap for binary options or forex niche. You might not know this, but a  real, working software must allow you to trade on a demo account first, before putting the real money on the line. In case you are new to trading, a demo account is a trial version of your trading account, where you will be provided with thousands of fake money to test one particular strategy or systems properly until you are confident that the strategies, EA robot or trading software will make you money. 

The problem with HB Swiss software is the fact that you cannot test the system on a demo account first before you even deposit real money into the recommended broker. 

#3: The recommended broker is not regulated yet. Both CT Option and PW Trade are not regulated yet. In other words, if you deposited money into the trading account, it will be hard to see your hard earned cash back again. 

#4: If you want to withdraw your fund, there’s lot more work to do, and it is just not worth your time. All binary and forex brokers require you to submit some kind of verification documents first before withdrawing your fund. In case you are new, the most common documents asked by brokers are proof of identity and proof of address. It could be the photos of your passport, national ID, utility bill or your latest bank statement. 

Final verdict – Do we recommend HB Swiss software?
The answer is no. We don’t see how this software is related to forex trading somehow, while it is actually binary options trading. Plus, we have found similar software that works like a charm, no hype in their sale letter and best of all, they can be tested on a working demo account first, before putting real money on the line. For more details, you can take a look at our #1 recommended software here.

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The Teraapp.co website is nothing but just a trap for anyone who is new to trading. This app is claimed to be created since January 2016, although the domain name was actually registered this year. This proves that Tera App and TeraBit company is nothing but a scam. Before this, we encountered another binary options product called Terabit Trader, which is basically the same. 

The fake claim of this app – make $440,000 per month?! 
If you believe that you are going to make up to $400,000 per month with this app, then you are mistaken. There is no way you can hit to that figure, unless if you are already filthy rich, or at least have tons of money to risk. 

You might already know this, but Tera App is actually about binary options trading. Binary options is a simple trading method, where you can choose to call or put. For instance, if you think that the asset, let say, EURUSD is going up, then choose the amount to invest, let say $10, and then choose call. Otherwise, if you think that this asset is going down, then choose put.

If your prediction is correct, then you will gain back $10 plus 85% of your risk. In other words, you will earn $18 if your prediction is right. Otherwise, if your prediction is wrong, then you will lose all $10 of your money. 

As you can see, there is no way you can make up to $400,000 per month with this app, unless if you deposited tons of money into the broker account. 

 

The domain name is just registered a few months ago
If you checked the whois information of Tera App, then you will realize that this website was just registered a few months ago and not since January 2016. This proves that the claim made by the website is nothing but hype to sell you for another fake binary options software. 

Want to see how this software looks like?
We have seen tons of similar binary options software like this before, and Tera App is the same. The so-called Tera App software is just another rehash from previous software called Terabit Trader, and from our experience, we can tell that no one can make the money out of it. 

The real binary options software must look like this:

Final verdict: 1/5 rating
Tera App and Terabit trader are both on our blacklist (too bad) and we don’t recommend this product at all to anyone. These are some of the reasons:

  1. Tera App doesn’t give you control over your budget. There is no way you can set the trading style, indicators and expiry time. So, if you still want to try this software, it will be very risky. 
  2. You don’t get to try this software on a demo account first. You might don’t know this, but a real, working software such as Option Robot or forex EAs come with a free trial version, known as the demo account. In other words, you can test and see how this program works first with fake money, before depositing real money on the line. 
  3. You don’t have the ability to choose the right broker. Tera App doesn’t let you choose the broker that you like. You will be assigned to one of their chosen binary brokers, depending on your geographic location. This is somewhat a hassle since some brokers don’t have the features that others do. 

Alternatives to TeraApp software
The Tera App software is just another joke to tarnish the binary options and the trading industry overall. We highly recommend that you stay away from this software and do your research first before falling into another scam. 

If you are looking for alternatives to Tera App software, then check out our recommended list. 

 

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