There is little doubt that the bitcoin business will have a significant impact on how individuals invest. However, many people remain sceptical of this type of trading because there are platforms that take advantage of people’s inventiveness and steal money from a big number of people. The focus of today’s review is on the FXMasterBot , a platform that has gained a lot of traction in recent months.
The FXMasterBot platform is stated to feature a high profit margin that can be achieved in a short amount of time, a simple account opening process, and a user-friendly interface. The FXMasterBot robot’s official website claims that consumers can make millions of dollars by using its services to trade Bitcoin.According to outside evidence, the vehicle bot’s services earned $1500 every day, however, these claims are impossible to confirm. Are the claims made by the platform true? Is FXMasterBot a Legitimate Trading Platform or a Scam? Continue reading to learn what we had to say.
What is FXMasterBot?
FXMasterBot is a sophisticated automated trading software that keeps a constant eye on the Bitcoin market. The software makes it simple to generate money by giving trading signals from numerous cryptocurrency exchanges, including Bitcoin, Ethereum, Bitcoin Cash, Ripple, Monero, Litecoin, and Dash, with an advanced accuracy rate of 99.4 percent.
The platform uses an application programming interface (API) to decode and send trading signals to linked brokers; once the signal is received, the trade order is immediately executed. FXMasterBot has no ties to scams and ensures that its traders receive the most from each trading transaction by taking advantage of the crypto trading market’s volatility and spotting slight movements through continual monitoring.
How Does FXMasterBot Execute Trade?
FXMasterBot takes advantage of cryptocurrency volatility. Machine Learning allows the programme to monitor and evaluate market movements in nanoseconds, while Artificial Intelligence gives it the insights of a seasoned trader. The programme employs its internal high-frequency trading technology to trade its position for consistent profits after receiving actionable knowledge into the crypto market.
The software works with a number of licensed and regulated brokers who provide various trading leverages. With a leverage of 1:5000, you can trade with 5000 times your initial investment.
Also, if you want to diversify your investing portfolio, FXMasterBot allows you to exchange fiat currency and stocks.
How To Begin With FXMasterBot?
Fill in all your required details such as name, surname, phone number and email address on the form that displays on the home page. Make sure your information is correct, and that your email and phone number are the ones you use as your primary contact information, since they will be used for all verification.
All investments initially require a small amount of money. It’s no different on the FXMasterBot when it comes to cryptocurrency trading. Before accepting any orders, FXMasterBot demands a minimum deposit of $250. It will act as a beginning point for discussion in your talks. When the robot first begins trading, the user selects how much of that money will be accessible for the robot to use. Although the figure could be higher, the one indicated above is the absolute minimum.
To acquire a better grasp of how the platform operates, you’ll need to practise on the demo account. The FXMasterBot demo account allows you to practise trading in a real-world environment while also getting to know the trading platform. The outcomes of a live account are frequently identical to those of a demo account.
You can progress to genuine real-time trading if you’re satisfied with the process. Your account manager will help you set up your trading parameters and settings to minimise your risk of losing money. You won’t have much else to do aside from that. For experienced traders who like to trade under their own market conditions, there is also the option of manual trading.
Is FXMasterBot A Genuine Trading Platform?
FXMasterBot is misleading about the usefulness of its software, despite the fact that it uses complex algorithms and technology to forecast forthcoming price fluctuations in crypto-assets.Its automated trading systems are designed to complete transactions quickly and without the need for human intervention. However, making earnings of over $1500 per day is practically unachievable, and this figure is just utilised to entice new customers to the platform’s automated trading services.
In addition, the video on the home page’s hero section provides the idea that the company is linked to significant investors. FXMasterBot has no affiliations with any of the individuals or organisations listed on their website. Instead, they’re using illegal marketing techniques to spread the word about their products.
Traders, particularly beginners, should be wary of promises that utilising a bot will make them millions of dollars in bitcoin trading. Even financial experts should exercise caution while using its services because cryptocurrency markets can be unpredictable and volatile.
Key Features of FXMasterBot
System of payment
The payout mechanism is available 24 hours a day, 7 days a week. It is automatically triggered when the live trading sessions are over. The payout system is an accurate withdrawal, according to external sources.
Withdrawal in a flash
It will take less than 24 hours for your funds to show in your account after a withdrawal request has been processed. You won’t have to worry about being able to access your money.
Excellent Customer Service
With a dedicated customer care team, customer service is available 24 hours a day, 7 days a week. Customer assistance can be reached via email, live chat, or phone, among other options.
The security function encrypts all of your personal information, so you never have to worry about it being stolen or leaked.
Demo trading account
FXMasterBot sets itself apart from the competition by providing a demo trading platform. You can trade without using any money thanks to this feature. It’s a warm-up session before the start of live trading.
What Is FXMasterBot and How Does It Work?
FXMasterBot is a cryptocurrency trading robot that is fully automated. The software will buy and sell bitcoins at the most advantageous moments based on the instructions you provide. FXMasterBot also learns to make forecasts and adjusts to shifting market conditions as it goes along. It was designed to make investor transactions as simple as possible, maximise your revenues, and provide you with the highest profit margin possible without you having to lift a finger.
Is there FXMasterBot app?
FXMasterBot includes a desktop client that can be used on a computer, a laptop, or a smartphone, making it simple for users to register and track their trading. The platform, however, does not have a mobile app.
How quickly can I profit with FXMasterBot?
FXMasterBot is not one of those get-rich-quick programmes that promise to make you wealthy quickly. The frequency of your earnings is determined by the amount of money you deposit, your tastes, your education, and the techniques you employ to build a successful trading career on FXMasterBot.
Our Best advice for you
Our team was confident after considerable research and testing that the FXMasterBot makes a substantial difference for anyone looking to trade on the platform while remaining transparent and honest in all transactions. Many individuals are enthusiastic about the performance of the digital currency buying and selling robot, as well as the transparency provided by the FXMasterBot, according to our research.
Regardless of how reliable it is, it is critical to emphasise that each type of investment has its own set of risks. It’s critical to conduct research, study, read, and know how the entire sector works, and, most significantly, to determine when it’s time to enter the market.