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True Profit 2023 Update Review: The website is now a real estate platform with members having no way of recovering funds.
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Trueprofit.net suggests that they have a 100% automated trading system and complete solution for your trading. It’s supposed to be an easy and complete solution for all your trading needs. You can set it up in 5 minutes and start making money immediately. It sounds so easy to make money with this trading system. However, for the inquisitive trader who wants to ensure that this is not just another scam, it will take more than what is presented on the True Profit website to believe this ”amazing offer”.
Also, the website claims that there are at least 500 signals and 3 different trading methods integrated in this software. So the question is, can this software make money? Is it making any difference whether we have 5, 10, 20 or 500 trading signals in one software?
We will be answering these questions in the next section of this True Profit review.
True Profit is a very basic setup with no evidence of ever being an effective trading system. Among the features that are touted are custom settings, guided interface and SSL encryption.
True Profit is allegedly one of the most adaptive trading apps around. With 500 signals to dispatch and 3 different trading methods to use, the anonymous operator of True Profit suggests that this software can make you rich in no time.
Website design is very basic. There is not so much information pertaining to what this robot does. There is no pitch video to describe what this software is all about and why traders must use it.
However, according to a screenshot that sits on the homepage, we deduce that this is a binary options software since it trades the usual Forex pairs using Call and Put signals.
True Profit website also claims that they have a responsive customer support in place.
These things sound great. But they don’t answer the question of whether or not this robot makes money. For that reason, we’ll explore it some more in order to discover the truth.
Now, True Profit fails to describe who they are and what they have done in the past in order to conclude that this is the most adaptive, complete trading solution for online traders.
It appears that this website is one very basic scam whose mission is to steal your money. The design of this website and the overall presentation suggests that whoever is behind this app is a very lazy scammer or at least someone who cannot construct a persuasive project. No trader should be falling for such a cheap scam.
But how can we tell for sure that True Profit is just another scam? It’s easy. This robot is a very popular trading software. It is commercially available to anyone who would love to purchase and re-brand it. Believe it or not, we have seen it several times before. We are 100% certain that this is the same software that was used in Auto Crypto Bot, FX Pro Bot and many others.
By the way, True Profit can also be customized to trade Bitcoins pairs too. That is why scammers can switch it for trading Forex or Bitcoin pairs depending on the market which they are targeting.
Therefore, we know for sure that this software is a white label that keeps getting re-branded. Sometimes they even use a demo account to persuade people into depositing money with an unregulated broker.
Even though True Profit does not offer any demo account for testing this software, it only means that they have not activated that option. But rest assured that this feature has been integrated into the white label to fool traders. It’s just a matter of time before these scammers can make a desperate attempt to include it.
Also, user feedback suggests that this is a money loser. So many users have attested to the fact that this type of software is only made up of a bunch of indicators that can be switched on and off. They are not intelligent. You cannot make money with a basic trading robot like this one. So, did you really expect a free app to make money for you? Did you expect a recycled robot like True Profit to make any money for you?
We always know that these guys have an agenda for what they do. They can’t be anonymous for no apparent reason. The want to scam you through a broker called Cryptopoint. This broker is unregulated. So you should definitely expect this broker to fleece you. You should definitely expect things to go wrong down the line.
The issue is not trading with a broker whom they have recommended. The real issue is with how they mislead you into signing up and losing money to an unregulated broker. This is not professional.
Even if we were to believe their stories, we would need a brief history of this trading app to determine whether or not its profitable. Software vendors who claim to offer a worthy product will always be willing to show past performance. This is something they should be really proud of. But as you can see, this is a no go zone for these scammers. They know very well that this white label loses money. It will certainly not spare your trading capital.
Based on the observations that we have made, this software doesn’t seem to have what it takes to make any money.
So do not sign up. If you do, they will harvest your contact information which will be used to harass you into making a deposit with the aforementioned broker.
Of course True Profit cannot be trusted. It is not safe because the owner does not say who they are and whether they are professional traders or not. But of course we can see that he used the services of a developer who knows nothing about trading.
True Profit is a lazy attempt to scam clever investors who can’t fall for such cheap tricks. We’ve got safer and more reliable trading solutions here.
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