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Up until recently the majority of binary trading platforms we reviewed used to claim that they trade using cryptocurrencies. Many of these platforms or brokers were very well known and advertised that traders could use bitcoin, but those were all proven to be scams.
This is precisely why we were very skeptical about the Crypto Robot 365’s so-called scam free system when we first heard about it. The claim made by Crypto Robot 365 is that the software specializes in helping traders not just trade with Bitcoin but also many other compatible cryptocurrencies like Ripple, Ethereum, Monero, and Litecoin.
Anyone who has been following the cryptocurrency markets will already be aware that these currencies are somewhat stable, but have increased exponentially in value as of late. Crypto Robot 365 rightly states that a mere $10k investment in the then fledgling Bitcoin just five years ago would have made the investor a millionaire.
Though is it really the case that a binary options trading system can end up delivering these types of results? You will find the answer to this question at the end of our exhaustive review.
Is Crypto Robot 365 a legit trading software or a scam?
Anyone who has some experience following the cryptocurrency markets may be aware that it has somewhat stabilized over the years. While the value of the currency has risen, something that is mentioned on the Crypto Robot 365 website along with an example of an investment that would have turned the average person into a millionaire.
The trading platform is modern, and with a minimalist design
Though the question is that does using a platform like the one they are trying to promote help you make millions? At first, you’ll probably see that the software works like many other binary options trading services.
Clients are required to deposit at least $250 and are then connected to the broker who will manage their investments detected by the application. Users will probably think that the entire system is fully automated which is something that we don’t really look upon as being favorable to traders.
The reason behind it is that the vast majority of these so-called automated trading apps are scams. Though we’d admit that there are instances of a few very well performing legit signals services too. Thus, our job here is to determine precisely if the website and service is just another scam peddling false promises or does it really work?
Best Binary Options Broker 2020!
Good Choice for Beginners!
Free Trading Education, Free Demo Account!
Get a Sign-Up Bonus Now!
2nd in our ranking!
Can you make amazing profits with Crypto Robot 365?
Let us start by stating the obvious, i.e., trading cryptocurrencies is volatile, to say the least. We credit the guys behind the service who openly state that trading cryptocurrencies are not a good choice for someone with a small budget looking to make a steady stream of profits.
It is more of a trading app that’s meant for speculative investors who want to bet on their hunch and then generate huge profits when they get it right. At first, even we were skeptical, and so we started with the assumption that it was a scam and worked our way from there. But unlike other binary trading scams, their projected earnings are not outlandish it is based on facts.
Crypto Robot 365 supports many different currencies, and the list keeps growing
The service acknowledges that sometimes earnings will be less, while others it may be more but that’s just the nature of trading. The company makes absolutely no claims as to the overall win ratio which is a good sign because no company can guarantee any trader a win ratio unless of course, they were selling a dream.
Limited Customer Service
We were alarmed by the fact that the only way to contact these people is via email through the Crypto Robot 365 website. Apparently, if you can’t phone or chat with support, there is something fishy going on which is why we decided to contact them further inquiring about a few random things regarding the service.
We were surprised that customer support replied back to our email within just 10 minutes. A guy named David explained how the website operated out of London, UK and because it was still in its infancy they couldn’t yet implement comprehensive support services. However, those are in the pipeline for now.
David further explained in his email that once a trader is registered, they can start dealing directly with a broker assigned to them. All brokers are experts and not just specific to cryptocurrencies. So, they know a lot about binary options trading. Earnings are released at whenever the trader wants and lands in the bank account within a few days.
The main advantages of Crypto Robot 365’s Trading Tools
So, far we are pretty impressed with the opportunity that Crypto Robot 365 offers investors. Getting involved now can prove to be highly lucrative as cryptocurrency adoption rates are on the rise. While a year or so back some investors thought that it was nothing but a fad, but the early adopters ended up making a fortune from Bitcoin.
Today, using binary trading methods may still prove to be one of the best ways that people can use to make money. It’s also an ideal method for those who have missed the boat on the currency.
Who developed the Crypto Robot 365 App?
The platform is also available on tablets and on mobile platforms
The website does not mention who created the app though they are certainly evidently obsessed with finding new ways of making money with cryptocurrencies. The company’s boss is a guy named David the same person who perhaps emailed a reply back to us. Other than this information there is nothing else.
Cryptocurrencies by their very nature are meant to be anonymous, but still, there should be more information about the service. That said perhaps this information would soon populate the Crypto Robot 365 review page.
Do we think that this is another scam?
Despite our reservations early on about this broker and its platform we now think that they are legit. They are certainly new to the industry, but there is earning potential to be found. Plus, there are many testimonials which acknowledge that they are making less than $500 a day.
As mentioned above we think that many early adopters will make money using the system. It’s worth mentioning at this point that there are many other review websites who have called out the site which is not our stance in this instance. We are for now giving them the benefit of the doubt until and unless we hear something contrary.
Joining the Crypto Robot 365 system
Traders will need to make a $250 deposit which is a bare minimum industry standard. Once the app has been downloaded and installed, the money will be deposited with a chosen broker. Then just set the app to trade, and that’s all you need to do.
Even though we’d personally lean in favor of a semi-manual software, but then again we haven’t heard of them draining traders’ funds and running away. Since they are based in the UK, there is legal accountability which helps protect investors.
Crypto Robot 365 is regarded as the first ever cryptocurrency trading robot. It can trade as well as help track the trends of cryptocurrencies which helps produce positive results.
All of this is irrespective of whether the price of a particular currency is rising or falling. We like the fact that it has scores of happy clients.
Start trading now by opening a free DEMO account to Crypto robot 365 by clicking the link below:
What is Crypto Robot 365? Crypto Robot 365 is an automated trading robot designed to facilitate traders looking for automatic trading in binary options. Although it is not the first […]
Full Review Details
|Website URL NEW||www.cryptorobot365.com|
|Minimum 1st Deposit||$250|
|Minimum Account Size||$250|
|Free Demo Account|
|US Traders Allowed|
- High Payouts
- Many Digital Currencies
- Reliable Brokers
What is Crypto Robot 365?
Crypto Robot 365 is an automated trading robot designed to facilitate traders looking for automatic trading in binary options. Although it is not the first robot made available in the market, it has something new to offer which other competitor robots do not. Without making it look odd, we are going to review Crypto Robot 365 in an unbiased manner. It is a robot that is capable of trading in a more advanced form of a currency known as cryptocurrency.
Is Crypto Robot 365 Really A SCAM?
It is a fact that the market is flooded with many scam robots. We too had some reservation concerning the legitimacy of the robot. We decided to review it thoroughly and to our amazement we find that it is one of the best and legit robots capable of trading cryptocurrency. Yes, that true! Now traders can trade bitcoins and other digital currencies using Crypto Robot 365. It works the same way as other binary options robot do, but its unique design, user-friendly interface, and customizable features make it stand out of the crowd.
Many of you may be still wondering what this terminology “crypto” is used for? For your information, it is a type of digital currency that is encrypted in such a way that no one can copy it. All cryptocurrency transactions take place in a block chain which is a kind of public ledger. Each bitcoin has its value and can be used for once only. People can store bitcoins using online wallets on their phones, tablets, hard drives etc. until they use it. Having said that, let’s get back to our underlying robot that we selected to review as we came across many traders wishing to use a robot that allows them to trade cryptocurrencies.
Main Features of Crypto Robot 365
- The robot is capable of generating successful trades of more than 90%
- It uses most advanced trading strategies keeping the risk to an optimum level.
- It uses most popular money management strategies for trading purposes such as classic, martingale, and Fibonacci
- It has a user-friendly interface that allows traders to use it comfortably
- It has seven most common technical trend indicators available for traders to develop their trading strategies.
- It is fully customizable and automated.
- It can be configured as per the needs of individual traders.
- It has no associated cost – No upfront or recurring charges.
- It can be accessed anytime, using a computer connected to the internet from any part of the world.
- It has proven record history of its past performance
- It comes with 24/5 customer support
Pros of Using Crypto Robot 365
Since Crypto Robot 365 was designed after extensive research work, maximum optimization and back testing, it can bring traders more than 90% of trades being successful. This is not just for the sake of talk, we really mean that. However, you are not required to keep our words, obviously, you have your own will. You can see the past performance of the robot yourself. Moreover, a demo account is also offered so that you may use it without risking your real money and find us suggesting you the best binary options trading robot in the market.
Traders can customize Crypto Robot 365 as per their needs. Traders have the option to use any or all of the seven most commonly used technical indicators to devise their trading strategies. Traders can also use different available money management strategies to place their trades that includes classic, Fibonacci and martingale. The robot is designed in such a way that it incorporates maximum security and risk aversion parameters. It places a trade finding the best opportunity available following the right time when the market is supposed to be most volatile.
Cons of Using a Crypto Robot 365
Since the robot is fully customizable and the traders have to configure it by themselves, therefore, trades especially those who are new to trading find it a bit difficult. Obviously, they may do not have any idea about the best trading strategy, most useful technical indicator, appropriate money management strategy etc. Still, novice traders do not need to get worried because Crypto Robot 365 has the user’s manual available to guide traders the proper settings recommended by their experts.
Another disadvantage is that it is based on the web. You cannot use it until you have a computer with an internet connection. Please note that it can also be used via mobile phones and tablets still internet connectivity is a must. Sometimes electricity failure or outage of internet connectivity can make your trades effected for example as soon as you place a trade and got disconnected, it is very likely that you trade is not communicated to the server and the possible opportunity is lost. This can, however, be dealt with a smooth internet connection and electricity backups such as UPS (ultra-power savers) or charged devices.
As mentioned earlier, Crypto Robot 365 is offered for free and has no associated cost. You are required to open an account with one of the recommended brokers of the robot company in order to be able to use it. To be very honest, this conditional offer has something to understand and that is the company has to find its way to get compensated. Therefore, by referring customers the company receives a referral commission from brokers. To cut it short, the company charge brokers but not the customers.
Reputed companies understand the importance of customer support and therefore, ensures that efficient customer facilitation staff is available to assist trader round the clock. Crypto Robot 365 does the same. Well trained, sophisticated professional staff is available 24/5 to assist traders. Traders can contact them via phone, email or a live chat interface.
Conclusion – Scam or Legit?
After going through an extensive research, we formed our opinion in favor of Crypto Robot 365 after founding it a legit robot. It is one of the best binary option trading robots available in the market. Its user-friendly interface, fully customizable features, advanced trading strategies, 24/5 customer support makes it stand alone. We also came across many reviews and comments of traders already using the Crypto Robot 365, they all seemed pretty satisfied. Therefore, we give them five (5) stars suggesting traders come join them and start making profits.
Crypto Robot 365 Review – Is it scam or safe?
Crypto Robot 365 is a trading robot claiming to automatically detects volatility in crypto markets, and then buys and sells cryptocurrencies for profit. Among them are bitcoin, litecoin, ethereum, monero and ripple. It looks like it is relatively new and is taking advantage of the mass interest in digital currencies of the past several months.
Who is behind it?
It is not clear who is behind this trading robot. There is no mention of binary options anywhere on the site, but whenever one tries to log in, a list of partnering binary options and forex brokers to pops up.
Of them only Opteck is properly regulated – by the Cyprus Securities and Exchange Commission (CySEC). All others are unregulated and predominantly offshore companies. Against some of them, like 72Option, Option500 and BinaryTilt, there have been numerous warnings.
Another of the binary options on the list – DineroLibre – has an identical testimonials page with another unregulated binary options broker – BKTrading. Ramiro Patino’s photo, on the other hand, turns up as a first result in a google image search for “happy man”.
As we always say, unregulated and offshore brokers must be avoided at all costs. There are numerous properly licensed companies that offer similar, if not better services, with a lesser risk.
The robot does not provide information on its website and we could not open an account, as, it seems, our country is not supported.
Most real trading robots and expert advisors provide historical information about their performance and profitability. There is never a guarantee that they would yield the same profit for you, but at least there is some proof that the systems are real and do what they are supposed to do.
More often than not, binary options robots make big promises without any data to back their claims.
Likewise Crypto Robot 365 promises profits of up to $465 per day with an investment of mere $250. Upon a closer inspection, it turns out that one has to invest at least $1000 in order to win up to $400 per day.
But those are just details that can be easily overlooked by the majority of people looking for an easy profit and have no experience in trading and investing.
There is also a list of the top users for August 2020 and of the most profitable users for 2020. We did a random google image search of the photo of Gav L who has a total profit of $6001 from trading in bitcoin. Oddly, or perhaps not, it turns out the same photo turns up win Yelp reviews of a cinema and a cannabis dispensary in California. Then there is also Will Vasquez, an author at the music blog Beat.
Naturally, there are the testimonials of happy clients touting the ease of use. Overall, there is something very fishy about this trading robot.
How does it make money for the developers?
On its site Crypto Robot 365 claims the account is free. Registration may be free, but the minimum required deposit in order to start “trading” is $250. The “recommended” sum is $1000, as we already wrote.
Usually the owners of the trading robots make money from commissions paid by the brokers for every client brought to them by the system. Most likely Crypto Robot 365 works on the same principle and the deposits are transferred to the brokers.
Crypto Robot 365 Alternatives
If you do not have enough experience in trading and would prefer to copy someone else’s proven strategy, there are platforms like MyFxBook and RoboX who allow you to do so. There are also social trading networks. The most popular and largest among them is eToro. It is a real and properly regulated platform and its portfolio includes various instruments with cryptocurrencies. Below you can see a breakdown of its performance.
The bottom line
In our opinion, Crypto Robot 365 is a rather dubious affair and we do not recommend using it. On one hand we could not sign up for an account to see for ourselves how it works. On the other – the site does not provide much information either.
Then there is the issue with the partnering binary and forex brokers. Only one out of nine is properly regulated and licensed. Most of the others are shady, to say the least.
The situation with the clients and testimonials is also dubious. They all seem fake and typical of the scammy trading robots. The claims that Crypto Robot 365 is endorsed by independent investment and information sites like Investoo, Invezz seem unfounded.
The trading signals and analysis site Snipe The Trade, however, lists Crypto Robot 365 among the top crypto brokers. Interestingly, Snipe the Trade provides information we could not verify, like that the robot is regulated by UK’s Financial Conduct Authority. There is also the claim it accepts US clients. Perhaps it does, but knowing how tight is the local financial services providers and markets regulation, we seriously doubt that this is legal.
FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.
XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.
FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.
FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.
FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.
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