FX Coin Bot Updated Review

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FX Coin Bot Updated Review

FX Coin Bot is yet another trading robot for the Cryptocurrency and Forex trade market. It makes use of various techniques and strategic indicators in order to let your trade dreams manifest on auto pilot. One of the claims that its developers makes is that it’s a very simplified bot that can be used by amateurs or newbie traders. Since, the newcomers in this trade sector are not well aware of the finer details and tactics of the marketplace, FX Coin Bot seems like the dream option because of the over-simplicity of design and operation. But is this really reliable? Or, is it a scam?

One of the surprising factors about FX Coin bot is that the developers or company owners are shrouded in secrecy and any information regarding them has been kept anonymous. Although, the software claims to make CFD trading pretty simple and interesting (especially for the newbie traders), anonymity of developers still puts a big question mark on authenticity and credibility. At the very least, it disturbs me a little bit to not know the who is behind a product and puts the customer (investor) in a big risk situation when it comes to making an investment.

Getting to Know FX Coin Bot, Inside-Out

Every CFD bot starts with claiming to be “secure” and “best” in the market; but is FX Coin Bot all of this? Well, it is hard to find a lot of negative reviews about this. Firstly, you don’t have to download the software because it’s all on the cloud.

Secondly, the developers of this software claim that it is one of the most proficient systems out there that is making Forex and CFD trading not only simpler but also purely fun! They have set into motion an efficient trading system (much like our binary options software) that is backed with tons of research and tested (proven) market strategies to make the trading automated. Even with all this functionality, this Forex and crypto trading robot claims to demand no subscription fee for joining; i.e. FREE signup and no upfront charges. Eventually, you would have to invest some amount in a trading account, in order to get the software running (however, it’s all on auto-pilot…sounds cool!).

Another worth noticing factor in FX Coin Bot is that it tends to both types of Forex pair, BTC/USD and USD/EUR. Now, if you have stepped into the Forex and crypto market, you would appreciate this functionality a lot. This adaptability means that you get to have more options as a trader (which is a win-win situation) and just in case you are interested in making investments in FIAT currencies, FX Coin Bot would be able to assist you.

Strategy

FX Coin Bot, ironically, puts more emphasis on the fact that it’s not a subscription based platform. This “free signup” feature seems like a minor detail when you start observing other features that are more focused on the strategy and the indicators backed by tested techniques and trends.

The bot appears to be utilizing its powerful operating strategy from three streams…MACD, Exponential Moving Averages and Trend. FX Coin Bot indicators make use of the EMA, Bollinger Bands, Price action movements (they also mention, Ichimoku Kinko Hyo) and Stochastics. The developers claim that these techniques have 30-year history of success (that came with gradually improving on incoming data and results).

To explain FX Coin Bot’s strategy in simple terms, it would suffice to say that it is a combination of trading app and signals provider much like DaxRobot. Since, it is an automated bot it employs intricate algorithms to offer you most targeted trading solutions (thus enhancing the chances of success).

Analysis

Here are some facts and figures about FX Coin Bot…

● Company Information: Not Available
● Founded: Aug, 2020
● Strategy: Combination of signal provision & trade application
● Trading Results: Not verified
● Price: Free signup (deposit required for starting the bot)

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Although, the signup process is absolutely free of charge…you would certainly need to fund the account in order to start the bot on auto-pilot. They require a minimum deposit of around €/£/$250 (but you can always start from more than that, e.g. €/£/$500). It is advisable to start with the lowest allowed investment to observe how things work out for you.

Trading Results

The official website of FX Coin Bot does not share any information regarding trading results, which is another flaw that the app-owners must rectify.

I much rather prefer Forex Fury, and Forex Steam, two automated trading programs with verified trading results.

Client Feedback

Even though the developers of FX Coin Bot haven’t mentioned any trading results, a lot of traders review it to be very positive. One of the users have shared that they “invested €500 initially and secured a good profit in just 3 working-days”.

Conclusion

Even with all of these features, I wouldn’t shy away from observing and commenting that the developers take somewhat amateur stance while introducing the product in todays’ competitive FX marketplace. The first mistake is the very absence of any information about the developers and then the website layout that they are using is very commonplace in the binary options trade market and seems more like a scam layout. They could have put a human face to the product to increase connectivity with potential traders and should have added some differential elements in the web-theme as well (to stand out from the crowd).

Now, FX Coin Bot is undoubtedly a recent launch and we may give benefit of doubt to the lack of certain required information (e.g. trading results that may have substantiated the lofty claims) on their website. With this limited time at hand, the bot has safely avoided any negative upheaval in the trading community and has mostly received appreciation and endorsements…so it does seem like a good product to try out. However, one can only test the waters by stepping in, but remember to put one foot at a time as opposed to going all in and getting drowned.

I would rate FX Coin Bot a 3 out of 5 stars.

So, will you be giving this newly launched (visionary) bot a try? Share your feelings (Comment below) towards this bot…hopeful or apprehensive?

FX Coin Bot Review, Is FX Coin Bot Scam App?

FX Coin Bot review. Is FX Coin Bot SCAM which should be blacklisted or a legitimate trading platform? I mean this is the really important question, and one which our members and subscribers really want to know the answer to. OK, so after conducting extensive research our view is that the FX Coin Bot app and automated trading software is not only a genuine Forex and cryptocurrency trading system, it is also consistently profitable for extended periods of time. But don’t take our word for it, the entire online trading industry is raving about this new software (and with good reason). We have our usual checklist which starts with complaints, broker license and regulation audit, and the dirty affiliate network inquiry. After that we look into ease of use, navigation, user-friendliness, and coherency. If the system passes all of these checks we invest and risk our own money. In this case we invested €550 and managed to triple our original investment amount (more or less) after 4 business days. It’s worth pointing out that the software does absorb a few losses especially in the start, but then it picks up and starts generating profits.

In fact, our tests started last week and to this day it is in profit mode, so FX Coin Bot is also a consistently profitable trading software. We did have one recurring issue though. We noticed that the user interface was very similar to other scams we exposed here in the past, so we inquired about that. It seems many software companies use similar user interfaces, however in this particular case the actual technology which powers the app is completely different. We also noticed some deviations from various codes and scripts, and that also laid to rest various concerns we had. So without further ado, we would like to take this opportunity and officially recommend the new FX Coin Bot automated software to our members and subscribers.

Official Website, Login Link, and Members Area: FX Coin Bot

FX Coin Bot Review: A Brief Overview
The FX Coin Bot scam-free trading software is an automated Forex and cryptocurrency trading system which is both highly reputable as well as profitable.

What Exactly Is FX Coin Bot And How Does It Function?
FX Coin Bot uses automated signals in order to execute trades (buy and sell crypto and Forex contracts). It uses a variety of indicators and strategies in order to perform the tasks in a fully automated and seamless manner.

FX Coin Bot Review, Is It Just Another Scam Bot Or Legit App?
FX Coin Bot is unique in the sense that it specializes in “deep technical, fundamental and sentiment analysis.” It also relies on “30 years of historically-proven trading strategies” in order to get results. FX Coin Bot is based on 3 main strategies (there are others) Trend, MACD, and Exponential Moving Averages. For indicators this software uses Bollinger Bands, Stochastics and Price action movements. They also have a feature named “One Look Trading” which is based on Ichimoku Kinko Hyo (a kind of signal). If this sounds like Chinese to you then you needn’t concern yourself since all you need to do is activate the bot on default settings. The software does all the “heavy lifting” for you while you get to do the things you really want to do.

FX Coin Bot Settings, Functionality, and User Experience
FX Coin Bot is highly functional and extremely user-friendly (not to mention safe and secure). Traders wanting more control over their budget will have no problem placing a cap on their trades. FX Coin Bot supports both crypto CFDs as well as classic Forex Pairs such as USD/EUR, which is not very common these days. Navigation is highly intuitive and getting starting is pretty much self-explanatory. You don’t need to be a rocket scientist to click the auto-trade button and start collecting your cash.

Is FX Coin Bot Free?
Accessing the software will cost you anywhere between €/£/$250 – €/£/$500 depending on the broker you are assigned to. Keep in mind that while it is possible to reach a substantial balance with a lower sum, you risk losing it all because the software does absorb a few losses at the start. This is why we recommend at least €/£/$500.

FX Coin Bot Getting Started
Getting started is as easy as 1,2,3.

Step 1. Signup
Step 2. Fund your account. You may be required to fill out forms first and/or answer a phone call for verification purposes. Please keep in mind that regulators are now requiring brokers to validate customer details via phone as a part of the KYC (know your customer) policy.
Step 3. Activate the app and start trading.

Crypto CFD’s, Why Are They Profitable And What Are The Risks Involved?
Crypto and Forex CFDs (contracts for difference) can be an incredibly lucrative way to generate money, but as is always the case there are certain risks involved. Its imperative you understand how to obtain the best contract rates, have a reversal strategy, and understand basic concepts of how and when to buy a CFD contract. If you don’t you better have access to a genuine trading app which does it for you other wise you will end up losing your initial investment just like most retail Forex traders.

FX Coin Bot Review, Summary, and Conclusions
The FX Coin Bot scam-free trading app is without a doubt one of the most profitable trading systems we have ever reviewed here at Binary Scam Alerts. We are skeptics by nature, so as in all cases we have obtained a written letter from the software developers which authenticates the technology and provides the names and personal details of the developers (who also happen to be the owners). Should we smell a rat, or alternatively we start receiving justified complaints, we shall make this letter public and post it on our website for all to see. However, we already know the system works so we don’t foresee any special issues arising. Still, if you believe we have misjudged this software and would like to access additional information, please make sure to leave a message below or contact us via our Facebook page.

Fx Coinbot Review: Is FXcoinbot.com a Scam or Legit Trading Platform?

FX Coin Bot Review: Scam or trusted platform? fxcoinbot.com claims it is one of the best trading platform of 2020. How true is this? You may have come across many systems on the internet promising you quick fortunes, the truth is that majority of them turn out to be scams. In this review, we provide you information based on our investigations and user experiences to help guide you make the proper decision.

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What Is FX Coinbot?

fxcoinbot.com is a trading platform that was recently launched. According to the information on their platform, FXC0INB0T is based on 3 simple but proven overtime as the highest performing strategies – The Trend Following based on MACD and Exponential Moving Averages, High-frequency trading relying on Bollinger Bands, EMA, Stochastics and Price action movements. They also claim that any of the strategies they use can be back-tested for over 30 years of historical data.

How true is this? Is FXCoin bot really what they claim to be?

What You Should Know About Fx Coinbot

fxcoinbot.com looks too good to be true. Firstly, they claim first 500 members will get Lifetime full access to their newbie friendly one click trading platform. Also they claim the following features-

  • Fully endorsed
  • User Friendly
  • High Performance
  • Highly Secure
  • One click trading
  • Easy deposit/ withdraw

FXCOIN Bot Review: Disturbing Things Found

Though there are a lot of websites promoting fxcoinbot.com, we have our reservations. From our findings, fxcoinbot.com has no trading performance. There is no proof of trade success on the platform. Also, there is nobody real endorsing this robot. It is being promoted in fake FX Coin Bot reviews by websites notoriously known for promoting scams, that’s all.

Another reason why we are skeptical about fxcoinbot is that though it is supposed to make trading decision on behalf of traders, it is not licensed. Fx Coinbot is anonymous and unregulated, therefore it is an illegal software in most countries..

OUR VERDICT- RISKY !

Conclusion

Everyday we get complaints of people been scammed. Most people fall for these schemes because of the sweet promises of making huge profits within a short time. On a serious note, legit systems exists but scams are very very numerous. So you need a guide to help you make a good decision. We have made it our duty, by exposing scams.

Our Recommendation

They are lots of online investment opportunities which could fetch you money and give you a good Return On Investment. We constantly search them out to guide our readers so they don’t fall for scams. Always feel free to interact with us in the comment section.

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