Litecoin Trader is a new scam trading software, which opened on March 1st 2018. The Litecoin Trader websites makes claims that you will profit two thousand dollars a day, however the truth shows otherwise.
The reality is that Litecoin Trader is identical with other fake investing software you read about here.
Litecoin Trader Review
Before you become the next victim of a classic investing scam, here is what you need to know about LitecoinTrader. When we signed up for the free software, they linked us with an offshore Forex broker that goes by the name VIP-Crypto. The broker is not licensed or regulated, and has many complaints about them already.
They do not allow you to see their proprietary software until after you make a deposit at the broker. If you look at the screenshot below, you will see what the actual software. It is just a page showing fake trader profiles, and fake returns. There is nothing behind their flashy videos and outrageous promises of wealth.
You can expect to receive a phone call from a sweet talking broker who will ask you to invest $5,000 and he will make you 25% returns each month.
Legitimate trading robots allow you to choose a licensed broker, and configure the trading software, before you make a deposit, see here.
Litecoin Trader Software Scam
Does the litecoin trader make money, or it is just another get rich quick scam?
Just look at the outrageous claims they make on their website https://litecoin-trader.co/, which only opened last week.
“Earn over $2000 in 24 hours with the Coin of the Future!”
The whole purpose of these scam artists are to get you to open an investment account at a fake offshore broker.
Scam Broker Warning
It is important for every investor to know, that if your broker is not licensed, you will never see your money again!
If you are interested in trading CFD’s on Litecoin, Bitcoin or other Crypto Currencies, you can see the list of licensed Crypto brokers here.
Which Broker Are You Using?
Please share with other investors which fake Crypto broker the Litecoin Trader scam told you to use in the comments below.
Some trading systems will show profits, but if you work with an unlicensed broker, they will lockup your money, and never return it to you.