Crypto Trader is an old scam trading software, that opened in July 2017. You were probably intrigued by the video you watch, and want to confirm that other people are making money using the system.
The truth is that Crypto Trader is just another get rich quick scam.
Crypto Trader Scam
There were a few problems we noticed during our review of Crypto Trader.
- We could not choose a legal and licensed Crypto broker.
- It makes no mention of what the signals are based on? Are they random or is there technical analysis data used.
- They are making very large claims about potential for profits, which can lead to complaints.
If you look at the actual software, you will see that it only tells us the “Confidence Factor”, who knows what that really means.
WARNING! You need to watch out for a “scam broker” that will steal your money, read why.
Only use a legal, licensed broker, see here.
Crypto Trader Review
The Crypto Trader system is very much like many other Crypto trading signals software. When you watch the video, the actors sound very convincing and genuine. They want you to believe that they are somehow connected to Bitcoin and Ethereum, but once you login, you see that it is just bad trading signals.
Real investors that trade CFD’s on Forex and Crypto Currency, know that a trading signal is only as good, as the timing of the trade.
If some tells you to buy Bitcoin because it is going up, you will make money, only if you buy and sell at the correct time. If you buy to early or too late, especially when trading CFD’s, you will lose money.
Compare this software with more popular trading systems.
Scam Broker Warning!
A huge problem with free automated trading robots, is that they partner with fake online brokers. If you want to see how you will lose your money, you should read the article: How the Forex investing scam works.
Trading can be profitable and fun, as long as you are using a licensed and regulated broker. Go visit our best brokers page, and you will find local brokers that are licensed.
Get a Free Demo Account, and experience legitimate investing, signup here.
Popular Trading Robots
The alternative to using a bitcoin signals software, many people choose to use an automated trading system. There are so many systems to choose from, so go look at the list of popular software.