If you are about to invest online you need to read our full News Spy Review. After you finish reading The News Spy review you will be shocked at the evidence we dug up while investigating this fraudulent trading software! They claim you’ll be making $1500 each day while only working for 15 minutes, but that’s simply NOT true!
For those of you that have already lost your money with this trading scam, please contact us for advice on how to reclaim your money from the broker! We have already helped hundreds of our readers, so don’t hesitate to contact us!
Official Website: http://thenewsspy.com/
The News Spy Review
The News Spy trading software is an automated trading tool that trades for you in the broker account that you are assigned to when you sign up. The minimum amount to start using the software is $250 but expect that your account manager will push you to deposit A LOT more than that.
The News Spy scam software has been around for over a year, but only recently have we began to receive complaints about it. This is because the affiliate marketers who give false positive reviews have recently started promoting it via email marketing.
You most likely heard about The News Spy scam while checking your email. If that is true, please leave us a comment below and expose the email address of the people that sent you the email. It is THESE people that are trying to scam you and will do so again. We advise you to block their email from contacting you because they will do so over and over again with new scams.
Cryptocurrency IS a huge market right now, but that doesn’t mean it’s easy to make money with. In order to profitably trade, you need a trusted, regulated broker, and a trusted and regulated trading software.
How Does The News Spy Work?
The software scans the news for cryptocurrency events around the world. They claim that by scanning the news, they can accurately predict market conditions.
This is partly true, but definitely not as easy as it sounds. In order to become a successful cryptocurrency trader, you need to have an honest broker who deals fairly. We also recommend that you start very slow and only follow regulated trading sites for your news updates and signals.
The News Spy User Reviews?
The News Spy scam site includes three user reviews featuring nicely filmed videos of “traders” talking about how The News Spy software has changed their life and made them rich. We did a bit of digging and discovered that ALL three of these so called traders are lying.
These people are paid actors hired off the freelance site Fiverr. You can find their profiles there under “spokesperson”. For a fee they will pretend to be a user of your website and lie to your readers about anything you pay them to say. This is all fake advertising. None of these people have used the trading software!
So what are REAL users saying? We have been emailed by several people over the last month that have lost their money with this scam, but it wasn’t until we read this email that we knew we had to publish a full review immediately.
“I joined The News Spy a little over four months ago. I put $600 into my trading account with [broker name withheld] and activated The News Spy software. After three days my account was half gone, but my account manager told me that I needed to deposit more money in order to get the better software settings. I knew it was a bad idea, but I was desperate to get my money back so I put in another $400.
That’s when things went from bad to worse. After I lost another $200 I told my manager to stop The News Spy software and let me take a withdrawal for the remainder of my money. They told me that I had not met the minimum trading volume amount in order to take my money out. As of last week my account is frozen and [brokers name withheld] refuses to give my money back.”
The News Spy Scam Connection?
The News Spy scam is most likely owned and operated by the SAME scammers that designed the Bitcoin Evolution Scam! Both scams are using the same proxy service to host their website. This service is based out of Scottsdale, AZ. Their name is kept private, which is also evidence that the owner doesn’t want you to know who he is.
It’s interesting that the owner is such a widely successful trading software is afraid of telling you his name. Why would that be? All real corporations have wiki pages where you can read about their owner. But trading scams are most ALWAYS shrouded in secrecy and the personal details kept hidden from their users.
Fake Promises and Zero Proof
The app claims that you will be making $1500 each day while only spending 15 minutes using the app. We haven’t been able to verify this claim because The News Spy is NOT regulated.
In fact, The News Spy scam doesn’t have any trading proof to show us what results their software is having. Instead, they filled their page with random cryptocurrency news stories that have NOTHING to do with The News Spy software. This is a huge red flag and one we cannot ignore.
Is The News Spy a Scam?
If you don’t believe The News Spy is a scam, please go and read the email above that one of our readers sent us. This is clearly a fraudulent software that is designed to lose your money into the hands of greedy and unregulated brokers.
There are better options for those of you that want to trade, which you can also check out above. If the meantime, always follow the steps below to avoid being scammed.
1. Check to see if the trading site has honest reviews.
2. Ask for trading proof!
3. Only deposit with regulated brokers.
If you need help researching any trading software, please let our team know by emailing us or leaving a comment below!