Btrade Automated is a “new release” of an old CFD trading signals software, which only opened on January 22nd 2019. You were probably intrigued by the video you watched, and want to confirm that other people are making money using the system.
But the sad truth is, that Btrade Automated is just another get rich quick scam.
WARNING… You must be aware that a “scam broker” will steal your money, read why.
Be Smart, and Only use a legal, licensed broker, see here.
The Btrade Automated Scam
We found many problems with Btrade Automated when we did our initial review of the software.
- We could not choose a legal and regulated broker, they just connected us with TraderOnline.
- They make no mention of what the signals are based on? Are they random or is there technical analysis data used.
- They are making huge claims about accuracy and easy of use, which can lead to complaints.
The official software is located at: https://btradeautomated.com/. There is not a login button on their home page, so maybe you can find it in your email.
When you take a look at the actual software you’ll see, that it only give trading signals based on a “Confidence Factor”. Do you know what that really means? Because we don’t.
Btrade Automated Review
The Btrade Automated software is like many other CFD (Contracts for Difference) trading signals software. When you watch the video, the actors sound very convincing and genuine. They want you to believe that they have some amazing unique system, but you can easily see that it is the same as Crypto Trader.
Smart investors that trade Forex or Crypto Currency, already know that a trading signal is only as good, as the timing of the trade. If some tells you to buy the JPY/USD 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.
Warning About Bad Brokers
A huge problem with most free automated trading robots, is that they partner with unlicensed CFD brokers. As we already said at the beginning of the review, if you want to see how you will lose your money, you should read how Forex investing scams operate.
Trading CFD’s can be profitable and fun, as long as you are using a licensed and regulated broker. Every country has their own government agency that gives licenses to brokers, see here.
Go visit our best brokers page, and you will find local brokers that are licensed.
Compare Auto-Trading Systems
The alternative to using a CFD trading signals software, many people choose to use a managed account or trading robot. There are so many systems to choose from, so go look at the list of popular robots, look here.