CryptoSoft is a new automated trading software scam that opened in September 2017. The CryptoSoft automated trading robot located at http://thecryptosoftware.com is no different than many others we have reviewed before.
If you are just now starting your search for a legit automated trading software, then you should check out the popular trading systems, look here.
Warning! You Will Lose Money Using this Software, see why.
Instead, Get an Account with a Licensed Broker and use FX Master Bot.
This automated trading robot that is behind this software, is a classic trading scam. It is called in the industry a “random signal generator”, since the only thing that you the investor can control is how much many trades the software executes on your behalf.
Worse than that is you really have no idea what the software will do. The only setting you can adjust is “Amount of Trades”. What does that mean, 5 or 500 trades a day?
Currently available are hundreds of Crypto Trading Software just like this one. But if you compare it with a real trading software like AvaTrade offers, you will see that they offer investors the ability to control many aspects of the software.
CryptoSoft False Information
When the team at Scam Broker reviewed the CryptoSoft software, we dug deep to see if they are making any false promises or misleading statements.
We don’t believe any of these testimonials they published on their website, especially since they also told us to invest with an unrelated binary options broker.
Warning About Scam Brokers
A software like CryptoSoft works exclusively with offshore brokers, and if you invest with an offshore broker you will only have problems. You can see in complete details how the binary options scam works look here.
The first thing that every investor must know if that there are 2 types of brokers, licensed and unlicensed. You can read why you need to use a licensed broker, look here.
Warning from ASIC Australia
“ASIC urges all investors considering trading online to check they are dealing with an entity that holds an Australian financial services licence.”
Please tell other readers which scam broker The Crypto Software told you to use, in the comments section below.