Read my Copyop Scam Review here and find out whether it is Legit or just another trading hype that promised you “get rich quick”. I will also give you my personal opinion toward trading binary option and WHY you should avoid it. Trust me..I have seen it all okay. There are few things you must acknowledge before making a decision. So, bare with me until the very end!
Platfrom Name : Copyop
Website : www.copyop.com
Owner : Unknown (Powered by Anyoption)
Price : FREE ($100 minimum investment)
Overall Ranking : 65 Out of 100
Copyop Platform Overview
What is Copyop all about? It turns out that this platform offers you the ability to copy from other traders’ move. So let’s say Mr. A predicts that AUD/USD currency will drop in 10 minutes. You are then allowed to copy exactly what he did, but of course the earning will depend on your investment. This is why the platform is called Copyop Social Trading, where you trade by following others. Here’s a quick look at the website:
Watch-Copy-Trade. Seems easy huh? Well, not really! I will tell you the reason later. Believe me, if it is, I would be taking a lot of vacation by now. Anyway, how much do you get when one trading is successful? According to them, it is 80%. So you can make $80 profit for $100 investment IF you copy the person that wins.
The Good & The Bad
There are few things I like about Copyop compare to other trading platforms:
- There is NO hype video where they promise you to get rich fast.
- The platform is well-organized and do have Social Trading mobile apps.
- Low investment and give you high returns.
- Free to join. Well, every trading platform I review is free to join.
- You can connect to Facebook.
And here are few cons that you need to know about Copyop or any other trading platforms:
- They never explain how the system works within the website, so you probably need to register first.
- There is no Live support at the moment I reviewed it.
- It is still brand new, launched in January 2015. So, it has low credibility!
- When they say that you don’t need any experience, that’s NOT true at all.
- Trading always involve RISK no matter how perfect the system is. Let’s take a look at the Copyop Risk Disclosure:
Personally, I am not a fan of trading. I had been to few other trading platforms before and learnt some skills as well. But soon realized it isn’t for me! Now if you are new and think that you can earn a lot of money with it, you are DEAD WRONG! Those people who are successful in trading have accumulate the skills for years. Yes..you need to be patient when it comes to trading. Don’t let your emotion overcomes you.
As for Copyop, Is it a scam? 50% No it’s not. There we go! I have given you the answer for a trader prespective. How about that? You want to become a trader? Face the odds! Copying from the pros doesn’t guarantee you to win most of the time. There will still be losses, and you need to cope with it. So it takes a long time to grow big. However, I do have another alternative if you want to make money online.
The Other Alternative
Another way to make money online as you might already know is through Online Marketing. I have no idea what you have been told about that, but wait..It is much better than binary option trading! Here are some benefits of having online business:
- It is more stable
- Less risk
- And the best thing. It is based on your PASSION! (your hobby or interest)
Like many making money opportunities, there are some bad online marketing gurus try to trap you into fake programs and cost you thousands of dollar. But don’t worry about that as I have come up my Top #1 Recommendation platfrom which is 100% legit and scam free. You can learn more about it by reading my full review.
That’s all my humble opinion toward Copyop Scam Review. Based on my experience, this type of platform is 65% legit as it does give you the return investment percentage and no exaggerate claim. But I don’t guarantee that the platforms is safe. Anyway, please share this information if it helps to open your eyes, and comment below for your opinion. I’d love to hear from you. 🙂