Crypto76robot (crypto76robot.com) is a trading robot which claims to make its users profitable on complete autopilot. The accuracy rate of this software is not mentioned anywhere on the website. While we were investigating this service we found many inconclusive factors which raises a lot of concerns. Read our full review to find out why we recommend everyone to use extreme caution while dealing with this service.
Crypto76robot Scam Warning-
The creator behind this software is an entity known as Alex. He claims to be a software developer turned investor. The level of mysteriousness and anonymity surrounding this alleged algo machine learning robot makes us more suspicious about their service. We were not able to find any information about Alex anywhere on the internet except their website which makes us believe that he is a paid actor.
Crypto76robot does not talk anything about the signal generation process. We do not know which indicator or parameter it considers before executing a trade. There is no assurance about the reliability of the software. The users have the option to switch between algo trading and manual trading. The users have some degree of customizing the parameters for executing a trade but there is no option to switch between aggressive and passive risk management techniques depending upon the various market conditions. How can an investor trust this software with their funds without knowing the success rate of the software?
The access to this software is supposedly free for a limited period. This is an age old marketing trick used to pressurize investors to sign up with them quickly by creating a sense of urgency.
Most of the legitimate automated solution offer demo account to its users so that they can familiarize themselves with the platform and the trading system before risking any real money. Crypto76robot does not feature a demo account. If you encounter any problem on the platform the only way to contact support team is through email.
In order to get access to this software the users have to invest with the broker synced with their software. By doing this the platform earns money through affiliations and commissions from the broker. As always we suggest everyone to make sure that they are trading with regulated and licensed brokers only.
Crypto76robot features a lot of testimonials from the alleged early users where in they explain how this software helped them earn significant amount of money easily. Do not believe them as they are not from real users, they are all from paid actors. Ask yourself why would they put up fake testimonials on their website unless they are deliberately trying to hide something from us?
Crypto76robot Review Conclusion-
Crypto76robot is not a reliable automated trading solutions. If you ever decide to try out this software despite our warning use extreme caution.
Review Date: 2018/05/26
Author Rating: 1/5
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