Bitcoin Rush is a new automated trading software for Forex traders, and there are a few different versions available online. The Bitcoin Rush software we are reviewing today, is connected with a variety Crypto CFD brokers, including some licensed brokers like Investous.
We reviewed this CFD trading robot, and immediately noticed how professionally it was made. They actually have a software that you can see how it works, before you deposit money.
See the Official Software at: https://thebitcoinsrush.com/.
Bitcoin Rush Reviews
When comparing and choosing an automated trading system, the first item we look for is the ability to choose a licensed broker, and the second thing we look at are the settings available for us to configure.
The Bitcoins Rush randomly assigned us a Forex CFD broker, so we could not use our preferred broker. The software uses a simple trading strategy, that is based on unknown technical indicators. What makes this product unique, is their risk management settings, which gives you the ability to set a stop-loss and take profits.
You can see in this screenshot below, some of the many configuration options available, see here.
Bitcoin Rush Software Settings
Risk Management: The 6 risk management settings are there to let you control your default trade size and minimize losses from bad signals. It is always smart to set the Max Daily Trades & Max Concurrent Trades number very low.
We have seen trading systems that can generate 100 trades in one hour. The Max Concurrent Trades setting is for you to limit, how many open trades are happening at the same time.
Asset Selection: The signals generated by this Robo-Advisor is for Forex Pairs, and not Crypto Currency as the name would suggest. Simply select which Forex pairs you want the robot to trade for you.
The reason asset selection is so important is because, an algorithm can sometimes work well during normal trading conditions, but will have bad results during volatile markets.
Demo Trading: You will be able to take a tour of the trading software once you are inside the trading room. Just remember, demo trading is not real, and will only show profits! The purpose of a demo is to show you the features of the software, not true trading signals or results.
The Best Forex CFD Brokers
Bitcoin Rush connects investors with a variety of Forex brokers both unregulated and regulated.
A huge problem with CFD trading are the many scam brokers that steal your money, and are not regulated by a government authority. Many trading robots we have reviewed looked good, but they do not work with licensed brokers which means they are a scam.
It is extremely important that you only invest money with a broker that, you have verified is licensed in your country!
Visit the official website at: TheBitcoinsRush.com.