Verified Robot Review: Is the VerifiedRobot a Scam or Legit Cryptocurrency trading robot? The Verified Robot is a Crypto Robot that is supposed to trade cryptocurrencies. According to their site the Verified Crypto Robot software auto buys and sells crypto currency such as bitcoin, litecoin, ethereum and other cryptocurrencies profitably. However, this is not actually true in the right sense of it, because this software does not buy or sell this cryptocurrencies, rather it trades CFDs on them with unregulated Forex/CFD brokers. Their website looks very appealing we must say, but there is more to it. Does it actually work? How reliable is this software in fulfilling these promises?
Table of Contents
Disturbing Things about the Verified Robot Software
The testimonials giving by alleged users were all fake and unverified, as a matter of fact they are stock photos gotten from the internet with written testimonials and claims of winning trades attached.
The demo account though helps you to know how the system works could be very deceptive. The reason is that the demo account does not trade with real market feeds, it just simulates trades and you would only see winnings on the demo mode which may give you a false idea of profitability of the Verified Robot results, but the real account after you must have deposited a minimum of $250 could be otherwise with losing trades.
It is a free auto trading system. The truth is that you cannot start trading until you make a deposit with their affiliated brokers. The problem is that their brokers are unregulated and unlicensed, which is a source of major concern because of the sordid tales of scams we have seen and heard from these brokerage.
Conclusion
We are still keeping watch on this crypto robot, but one thing that is certain is that the results you see on their website is actually unverified and shouldn’t be believed. With time the community feedbacks will start rolling in.
Official Website: https://verifiedrobot.com/ . You can visit a better alternative HERE
Thanks for reading our review of Verified Robot Cryptocurrency trading. Stay safe!