The Bitcoin Fortune is a new automated trading software, used by investors and day traders, with CFD brokers.
As with all trading apps, there are many different versions circulating online, and many of them do not work properly. The Bitcoin Fortune software we are reviewing today, is connected with a variety Crypto CFD brokers, some are regulated and other are offshore. Make sure you verify your broker is licensed before making a deposit.
We reviewed this CFD trading robot, and immediately noticed how professionally it was made. They actually have a real app, and you can see how it works, before making a deposit. See the Official Software at: TheBitcoinFortune.com.
Bitcoin Fortune Review
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 Fortune 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 Fortune App Settings
There are 6 risk management settings; and that gives you some control over results. You can choose the default trade size (dollar amount). When starting with the software, make sure the Max Daily Trades & Max Concurrent Trades is set very low, or to zero.
An algorithm trading software can make more than 100 trades in only one hour. The Max Concurrent Trades setting is there for you to control how many open trades are happening simultaneously.
Assets: The signals generated by this trading app are for eleven different Crypto Currency pair, as its name suggests. Simply select which Forex pairs you want the trading robot to place trades on.
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 real results or live trading signals.
Best Brokers for Crypto CFD Trading
The Bitcoin Fortune system, assigns you a CFD brokers which may or may not be regulated.
The main concern when trading CFD’s are the scams which steal your money, and brokers that are not licensed by the government. Many trading robots we have reviewed look 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: TheBitcoinFortune.com.