BTrade Automated is a company that is we do not recommend. They allegedly offer Forex expert advice to traders. It is a software that will automatically place a trade for you. However, it is essential to note that they do not have any reputation in the market.
The software was launched in January 2019, and that is more than one year ago. Unfortunately, they do not avail their performance to the public, and it raises suspicion. The company is not legit; it is another pyramid scheme that will promise you quick riches.
One thing that you have to keep in mind is that BTrade Automated brokers will steal all your money. The company does not mention where their signals come from. It is hard to fathom if the signs are generated using technical analysis or random.
The software company claim that they also give signals based on Confidence factor. We don’t know what this means. The bots trade Cryptocurrency, Forex, and CFD.
BTrade Automated will receive a cut after you deposit money in these fraudulent systems. It is vital to note that the software does not specify the amount that you will get in engaging with them. They are not transparent as they state information regarding findings added to your account will be availed to you after signing up.
When you utilize this trading software diligently, you can make money from seven hundred dollars and above daily. That is much money, and since the business model is not disclosed, we assume this is another lame tactic the pyramid scheme is making.
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The company claim that it is an auto trading software that will help you achieve your goals. It generates live signals and performs the trade automatically on behalf of traders. To participate in this fantastic offer, you do not need to have prior background knowledge.
You can also trade using your mobile phone or PC without any problem. The company displays information that purports they are the leading software in the market as per 2019. The company has no performance report on its website that can prove their claims.
All you do is open up a free account by filling in your data. You will not pay for anything. After that, you can sit down relax and enjoy seeing the profits dripping into your account. The trading bot was allegedly designed by a team of professionals who know about analyzing and trading.
The software can pick only the profitable opportunities in the market. The money that you make you can withdraw it anytime that you please. Unfortunately, the information is misleading given that this a Ponzi scheme that only wants to steal users’ funds.
The company also state that they do not charge any hidden charges to the investors. They do not even take a commission. The platform will only recommend you to the best brokers in the market. It is important to note that these brokers are unregulated. There are better reliable investment companies in the market that you can use.
To enjoy their services, you will have to deposit funds worth $250. The money is allegedly meant for activating your account. Unfortunately, they do not have a demo account; hence you won’t have an opportunity to familiarize yourself with their system.
A demo is a very import asset, especially to prove the platform is legit. The founder does not want users to know they are being scammed. Their sole purpose is to get access to your credit card. They then make a deal with shady brokers in the market whereby they are responsible for driving victims to their doorsteps then they will, in return, get a specific cut.
BTrade Automated will go through you under the bus as long as their needs are met. Ponzi schemes are well known for losing users’ money rather than making them rich. Since they do not show the public the investment companies that they find ideal or the criteria they use in finding the best company, we do not recommend them to any trader in the market. Learn to choose your investment venture wisely.
The first thing you look for when investing with any company is if the quality of the customer support service that they offer. Obviously, if they are not reputable and they do not provide customer support services, then you should not engage with them.
BTrade Automated is one of those pyramid schemes that do not disclose their physical address. Neither do they have an email address or a telephone number that you can use to reach them. Their business is murky. Their determination to stay anonymous is worrisome, and it makes us suspect them even more.
For investment companies to operate legally, the law requires they apply for a regulatory document. There are several requirements that they need to meet. For instance, a company that is collecting money from members of the public need to set up a compensation scheme that they can use to pay up investors in case they run out of funds.
Additionally, they need to set up different financial accounts to ensure funds are not deposited in the same account as with the founders. Speaking of the founder have you noticed that BTrade Automated does not feature any data regarding who is running their business.
Whoever is running this Ponzi scheme is a professional con artist who knows precisely what they are doing. Operating behind the shadow is a characteristic which is incorporated by numerous scammers.
The company has very adverse false claims that make us not to trust them. The returns that investors are claiming to receive are too high and unrealistic. Those who have reviewed the company state that their lives and those of their family members have been transformed by using this software.
Additionally, they are thanking the team for support. If you read through their testimonials seems cherry-picked, and it does not mean much. Considering there is no proof of payment. The company is secure, and the testimony they have is to buy the favor of investors.
The company is not secure at all. They promise that they will handle your withdrawal request within 24 hours. However, we haven’t seen any successful cash out from members. The company has been in the market long enough, yet they do not show us any evidence they are handling financial investment services.
To withdraw funds, you have to provide them with proof of your identity. Kindly note that they are also not regulated. Sharing your information with scammers is very risky. It will be better if you were cautious.
The platform is not secure; hackers might attack it at any time. They do not have SSL or DDoS encryption certificate. The information they have put up on their website is vague and does not show they are serious with any business.
BTrade Automated is unregulated; they will link you to other brokers in the industry that are operating illegally. It would help if you ventured with transparent legit investment firms that are going to give you a reasonable amount of earning.
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