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Crypto Trader Elite Review: This is an Obvious Scam

Crypto Trader Elite Review: This is an Obvious Scam

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Cryptotrader elite cryptocurrency trading robot that claims to be highly profitable. The Firm wants you to believe that this is the home of smart traders,  who don’t want to waste time analyzing trends or solving complex calculations.

Instead, they rely on Elite Signals. Elite Signals give you all the information you need to place winning trades.

This cryptocurrency robot is targeting novice traders. They are saying that both beginners and experts can use their signals to make money online. However, they fail to provide training materials to help guide novice traders through the process.

This company claims to be the best cryptocurrency trading robot that exists. Sadly, every company claims this. Most of them end up being scams that are only after your money, and this is one of those companies.

They pretend to offer you a quick way to get rich, but they are just crocks after your money. They have a lot of red flags that cannot be ignored.

The official domain for this Firm is cryptotraderelite.com. The domain was first registered on 22nd January 2018. It means that the company has been scamming people for well over two years. Do not become one of these people.

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If you are looking for a legitimate way to make money through cryptocurrency trading, we suggest you stick to the top cryptocurrency trading robots that have been tried and tested. That is the only way your money can be safe.

Crypto Trader Elite Review

The first detail you notice from the website is the lack of professionalism. The website is poorly crafted, and it lacks an in-depth description of the product offered. Moreover, it is no detail on the founders nor their headquarters. The company is faceless and has no social media presence.

Crypto Trader Elite Review, Cryptotraderelite Platform

This is a sign of a company that does not want to be tracked down by the law. Steer clear from this Firm. It has nothing o offer you.

They are not even giving insight on the trading strategies they use. One begs to question, what exactly are they doing with your money? Moreover, there is no evidence of any trading or investment happening in the background.

Crypto Trader Elite is telling you that you will get free trading signals. However, they ask you to send $250 after you have chosen your broker. So obviously, they are not providing any free signals. Do not fall for this company’s lies. They are just after your money, and they will say anything to get it.

Moreover, this is not a company run by experienced individuals. Only individuals with a vast experience in cryptocurrency trading can provide you with winning trades signals.

How Crypto Trader Elite Works

To get started with this robot, you only need to do three things. The three steps include opening an account with their partner brokers, deposit any amount above $250, and then follow the Elite trading signals to make money.

The company does support any broker they have not partnered with, and this is because they probably have a contract that entitles them to a commission when they drive people to these brokers, and this may be the only source of revenue for this company.

Moreover, there is no explanation of the trading strategy they use in the market. Clients have no idea what market events trigger the signals they are getting. The company expects you to invest your money blindly with no information about what you are getting yourself into.

There is no way to trust a company that operates in this manner. They don’t even provide any trading results to support their legitimacy claim. Steer clear from these people if you want to save tour peace of mind. They will scam you your money, and you will have no one to turn to.

Regulation and Customer Support

This company is not regulated by any regulatory body. It is operating illegally without a license. There are many risks involved in investing with unregulated firms. You risk going down with them should they get shut down by the law. You will have no way to reclaim your funds.

Moreover, they are distancing themselves from any accountability in their disclaimer. They are admitting that they are licensed nor authorized to provide advice on investing and related matters.

These are criminals who are aware of what they are doing. Ensure you only invest with companies that are regulated by the FCA, NFA, ASIC, or CySEC. Regulatory bodies keep companies in check to ensure they are operating within legal requirements.

In terms of customer support, this Firm has provided no contact details to reach them. They have removed the possibility of clients complaining of their fraudulent actions.

It is not a serious platform. At the very least, any company should provide contact details for customer support. Customers are always looking for guidance during the investment process.

Security and Fund Safety

The Firm’s website has no protection from third-party interference. There is no SSL certification provided, and this means that communication between your browser the website is not encrypted. Hackers can easily steal your personal information and use it for malicious purposes.

There are too many risks involved here. There is no telling on whose hands your data will fall. Moreover, this company has no DDoS protection. They have completely disregarded anything to do with systems’ security. You should not trust individuals that operate in such a reckless manner.

Moreover, this company cannot assure you of your funds’ safety. They have not provided details of the bank that they are using to safeguard clients’ money, and this is a requirement, according to the law. Again, we see this company ignoring the law.

There is no proof of money made through their systems. So once you send them your cash, you should not expect it back. Let alone making profits from it.

So Should You Trust Crypto Trader Elite?

No. You should not trust this company with your money. We highly advise against sending your money to mysterious people on the Internet. These people are operating in full secrecy, and they have not given their physical address. Even worse, there are no contact details featured on the website. They don’t want to be tracked down.

Moreover, its operating without a license, and this is illegal, they are aware of it, and they don’t care as long as they get your money. They cannot assure you that your funds’are safe, and they have left their systems unprotected from hackers. Your information is not secure in the hands of these criminals.

Additionally, they have exhibited no professionalism. Its website is poorly crafted and offers no insight into the product offered. Further, they have not revealed the strategy they use to generate their trading signals.

Final Verdict

This company is yet another scam company pretending to offer cryptocurrency trading services. They have a lot of red flags, and we cannot in our right minds recommend this product to you. The company has chosen to remain faceless and has no social media presence. They cannot be trusted.

Moreover, they are operating without a license from a regulatory body. The wise thing to do is to stay away from this company. Only invest in the best cryptocurrency robots that are regulated and licensed. It’s the only way you can be sure your money will be safe.

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