NEO2, found online at NEO2.co, is a new type of trading software that promises that people with no knowledge or experience of trading will be able to earn thousands of dollars in just the first week of use.
This software has been designed to work specifically with binary options, which is a specific type of investment that asks people to choose whether the value of a particular stock will rise or fall in value during a pre-determined amount of time, which can be as short as 60 seconds.
This type of investment has recently become popular because not only does it appear to be simple, but it also gives people a quick turnaround on their money if their choice is accurate. And people who are interested in the NEO2 software can actually use it to begin earning money, completely for free.
The Promises
As mentioned above, customers are invited to use this software completely for free as a beta tester, which is a group of people the company uses to test out software and see whether or not there are any bugs which need to be worked out. They do ask, however, that all beta testers register a brand new account with their chosen trading partner.
Once you’ve established your new account and deposited the necessary $200 – $250 to begin trading, you will be able to start using the NEO2 software to automatically make your investments for you.
This website says that their software is so accurate at predicting the correct movements of the stock they work with, that they guarantee that new members will be able to earn between $2,500 and $4,100 the very first week of trading, and can expect to earn $125 per hour thereafter with continued use.
The Problems
Unfortunately NEO2 is just one more trading robot in an internet that’s already overflowing with worthless trading robots, and just like all the other bots on the market, NEO2 earns their money as soon as people sign up for a new account with their trading partner.
Once this company has earned their commission, they no longer have any motivation in helping their members actually earn money, and their earnings claims are nothing more than a sales technique designed to get as many people to sign up for their program as possible.
Another sign of a problem with this company is that they make false claims about their creators, listed as Dr. Jack Piers, Willian Van Loon, and Amit Gupte, saying that companies like Forbes and Wired Magazine have listed them as some of the world’s most important investment and technology experts, when the truth is that it seems these names are mentioned nowhere on the internet other than in reference to this software program and the fact that it’s a scam.
Customers who are interested in binary trading would be much better off reading and studying this type of trading and working with a platform and a licensed adviser directly, than relying on one of these unethical and pointless systems.
a) Three days later Neo2 has "autotraded" away almost half my money. I am losing cash - not making it. b) The broker they automatically signed me up with, Porter Finance, withdrew my initial deposit TWICE instead of once. As a result, I have invested twice as much than I wanted to - exposing me to higher downside risk. Still working with their customer service department to get this fixed.
Stay away from Neo2.