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Market Miner Review: Malicious and Scam Crypto Trading Robot

Market Miner Review: Malicious and Scam Crypto Trading Robot

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We tried Market Miner Cryptocurrency robot and immediately noticed some red flags. One of the things we are concerned with is the alleged win rate, which is currently at 99%. This software must surely be very ‘’efficient’’. It’s unheard of. We wonder if this win rate can be maintained on a consistent basis. Also, a demo feature is provided by the owner of Market Miner Cryptocurrency robot. This demo is also questionable because since users cannot see prices. There are many more reasons why we think this robot is a high risk investment for you. Read this review to learn how.

Market Miner Review

First of all, traders should be doubting people who say they have robots that beat the markets 99% of the time. Those marketers are liars, and are clearly selling a dream that will never be achieved. This win rate is really high, which is why we are questioning the capability of this robot to achieve that win rate on a consistent basis.

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Do we have a track record or trading history of this robot? No we don’t, and finding out whether or not this software can achieve and sustain that win rate is nearly impossible. It takes the corporation of the owner for this to happen.

Unfortunately, the site admin is very secretive. They are also anonymous and not transparent. That means asking for trading history would be an exercise in futility.

The point is, no trading robot has ever achieved and maintained that accuracy ever. Forget what scammers tell you. These sweet tongue sales people are only putting their marketing skills to task; hence they can tell you all the impossible things.

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A demo account is provided but not accurate

There is a huge problem here. MarketMiner is providing a demo account for traders who want to test before making any commitment. However, the problem is that you profits are being generated yet prices are not being shown.

What this means is that traders cannot see entry and exit prices. If you are trading a pair like BTCUSD, you cannot see the open and close prices respectively.

Because of the nature of the situation, we can’t check prices or even compare them with those of other brokers. So this is clearly not an accurate simulation of the real conditions of a market.

We believe that Market Miner is intentional on this. They want to manipulate your demo trades so that it can look like you are always making profits with the trading robot. You cannot be fooled because this profit is not real, and does not reflect the trading capabilities of this robot in any way.

The anonymous site operator

This is a common practice among scams that operate in the industry. They put up a website and register it anonymously. That way, they can keep a secret profile and continue with their scamming activities until it reaches a point when they can no longer run the scam anymore.

Market Miner is one of them. Their domain is privately registered, meaning that we can’t find out who the owner is. Moreover, we can’t establish whether they are real traders or not.

There is a big difference between a trader and a programmer. Market Miner has been programmed by people who are not real traders. They just put together a number of trading indicators and gave the product a unique name. In reality, Market Miner is nothing. You can take that to the bank.

Also, if someone is selling you a supposedly good trading program and they are hiding their face from you, you should be cautious with them. There is a very good reason as to why they are hiding their face.

What this scam intends to do with your money

They are in business to scam you of your trading money. The demo version of this software is provided by the unregulated broker whom they have set you up with. Of course this demo account is fully rigged and cannot reflect the accurate results of the market.

You cannot use Market Miner with any other broker expect the one they will set you up with. Reason, their software cannot work with any other broker except this one. That is a lame excuse indeed. Don’t you think?

If you doubt, let’s give you some clue on what is really happening behind the scenes. This website claims that their operations are overseen by a New Zealand based company called Crypto’s Technology Ltd.

Researching that company on Google would reveal that no such company exists in New Zealand. At least it’s not registered.

However, there is a Crypto Technology’s Ltd in London, UK, which is not associated with Market Miner in any way since they have not listed this website as one of their domains.

So clearly this scam is making use of the name of another corporate to claim that they are legally registered to provide the services which they claim to offer.

This is illegal. Even the alleged physical address is not a true physical address. In fact, even if you walked to this place, you would never find Market Miner in the alleged location. All this is complete BS.

Also, given that this website is filled with lies and the owners are anonymous, we are not afraid to call them a scam. They should have given us more reasons to trust them before promoting this shady robot to the masses. But so far, the admin in charge of this website has not done so.

Our best advice for you

Making use of Market Miner would be the most expensive form of gambling depending on how much you put in it. The broker which they will lead you to is shady and is not licensed to carry out their activities. And obviously they are teaming with this scam because birds of the same feather flock together. If you want to decent Cryptocurrency trading system, make use of this link and explore what we have for you. It’s the only way to avoid getting eaten alive.

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