Welcome to our official Crypto MasterBot Review. In this report, we will explain exactly what Crypto MasterBot is and whether we think it works or not. If you have just started trading or have been trading for years, you might feel like testing out an automated trading software on a demo account is something you’d like to try. If so, you’ll be interested to know that Crypto MasterBot does offer a free demo account where you can test their software. We have explained how this works below.
If you have lost money with this software please contact us immediately. We can advise you on how to get your money back! Please let us know how we can help you! Additionally, if you have any trading software questions, please contact us!
Official Website: https://crypto-masterbot.com/
Crypto MasterBot Review
Crypto MasterBot is an automated trading software that works by taking trades in forex and cryptocurrencies directly in your private broker account without you needing any trading experience. Automated trading software is what most new traders start with when learning how to trade. There are many benefits to using them as well as many risks you need to know about.
The Crypto MasterBot is NOT regulated to verified by any third party. However, this isn’t abnormal as most trading software are not verified. Just be sure to check the regulations in your country to make sure this service is legal for you before you join. Many countries have restrictions on various trading activities and the UNregulated brokers do not care and still allow everyone to join.
Who Created Crypto MasterBot?
The creator of Crypto MasterBot is not known. This isn’t a great sign but we are still waiting for more information regarding this. We did contact the customer support and will add this information if they chose to share it with us. At this time we are a little leery of any trading software that does not be completely transparent with their customers as to who owns it.
Crypto MasterBot uses an algorithm to trade on forex and crypto markets. They claim this gives their software a high accuracy, but they don’t specify what exact percentage of win/loss it has. We wonder why they have not listed the projected ROI (return on investment) it has, but we are hoping the incoming user reviews will clear this up.
How Much Does Crypto MasterBot Cost To Use?
The software itself is free, but you will need a minimum of $250 to invest with the broker they link you to. Make sure to check with us before signing up with any broker to see if it’s regulated or not. Most trading software have been banned from regulated brokers because they give false promises and bring novice traders who don’t have much money to invest.
While the Crypto MasterBot trading software only needs $250 to operate, except that the account manager will attempt to get you to deposit a larger amount in order to qualify for a special trading group or special signals. We recommend NOT doing this until Crypto MasterBot has been fully tested.
Demo Account with Crypto MasterBot?
Crypto MasterBot offers a demo account trial period for each customer after you sign up. However, this demo account is controlled and operated through the broker that you are given. We highly recommend a demo account before going live with your money but there are a few important things to realize about demo accounts!
1. The demo account is operated by the broker that you are linked with.
This broker has the ability to alter the trading results to make you win. We have noticed that many brokers dishonestly enable their demo accounts to win. This makes the trader feel more confident and secure at which point they deposit a large sum of money into their real account. When they see the real trading results (that have not been tampered with) it’s too late and they have already lost.
2. Most brokers require you to deposit actual money into a real trading account before you can try out your demo account.
This is a HUGE deal breaker. Before you can start trading with your Crypto MasterBot demo account, you’ll be required to use real money to fund your account. The demo account doesn’t use this money, but in order to take a withdrawal of your funds, you’ll need to reach a certain trade volume by trading with this real money before they will process your withdrawal.
3. Signing up with a demo account will give the broker working with Crypto MasterBot your personal financial details.
When you sign up with any broker, you’ll have to give them your real name and address. This information is required and it must be validated before you can start trading. If you are dealing with an UNregulated broker, you could easily become the victim of ID theft or your account information might be compromised. Make sure the broker you sign up with is regulated before you deposit.
User Reviews of Crypto MasterBot Trading Software?
Crypto MasterBot does not give any user reviews for their software. There is very little feedback so far about the actual trading performance of Crypto MasterBot trading software. We have reached out to our partners at various review sites for their input. But we NEED your help! If you have opened an account with Crypto MasterBot, please message us directly OR comment below with your experience.
If you have lost money or gained money, we want to hear about it! We will NOT be joining this trading site as we are already involved in several other trading projects at this time. If you’d like more information on the best trading sites that we use, keep reading below!
Is Crypto MasterBot a Scam?
As of the publication of this article we are NOT ready to say that Crypto MasterBot is a scam. We are still gathering information and we are taking user reviews. Please check back here often as we will be updating this Crypto MasterBot review when we have more information.
If you have any trading software you’d like us to review, please send a message to our team through the contact us form! We will get back to you as soon as possible!