You’ve heard it all, seen everything and how you have finally reached our recommended section About Bitcoin Robots. It’s decision time and we hope you are ready to take that leap and get started generating some income using one of our tested systems. Our staff sifted through countless systems whilst trying to separate the wheat from the chaff, and eventually we were able to find a few trading apps which produce results consistently and on a long term basis. These trading apps can be in the Forex or Cryptocurrency niche, and they have all been screened, tested, and proven to be legitimate trading software. It’s also important to point out that we do a corporate responsibility check as well, and if any type of fake news advertisement is used we automatically blacklist the system.
It’s also important to know that phone verification is quickly becoming a requirement these days, and to be quite honest it is a good sign since it means trading platforms and brokers are conducting an initial security check in order to verify your identity. So if called please try to answer the phone and obviously make sure to double check and leave your correct details when registering.
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Our Screening Process
We only recommend a software after testing it ourselves and risking our own money. If the software is consistently in the money and generates profits then we have a third party auditing company specializing in Forex and cryptocurrencies check it out. They are located in Canary Wharf and conduct back round checks around the actual people who are associated with the software, as well as back testing against others systems in order to see if the app is in line with the industry standards. Only after we receive their approval, do we add it to the recommended section on a provisional basis. Naturally if the app ceases to preform we immediately replace it.
CFD’s or contracts for difference are types derivatives or contracts which can be bought or sold. The brokers are the ones who are providing the actual trading arena which the contracts can be purchased. They also provide the liquidity, customer service, cashier services, and auxiliary systems in the forms of signals or strategies which can help you make more money.
Did You Know?
Why is it that the vast majority of traders fail miserably and end up losing their money? The reasons vary, but the end result is always the same. According to a recent article in the Guardian scams in the UK alone have cost the tax payer in excess of £500m during the first half of 2019. We believe that this figure is much higher, as the data collected represents reported cases of financial fraud. It’s our belief that this figure represents maybe 10% of the real amounts lost or stolen, but there is no way to validate this. Let’s not forget that many scams use bitcoin or other cryptocurrencies as a form of payment, and many people don’t want to report report the scams so as not to alert the tax authorities in regards to undeclared sources of income.
It’s also worth pointing out that even when entering a totally legitimate trading scenario where the payouts and profit ratios are not rigged, most people STILL end up losing their initial investment. If its in Forex, the leverage (credit) is key and you should inquire about how much leverage is provided because you may end up losing more that your initial investment. There is also lack of proper education or understanding about which tools provide the best possible solutions for your needs. Obviously if you are searching for an auto-trader, you don’t want to be investing with a Robo Advisor (and vice versa).