The Bitcoin Method software is an auto trading robot that investors are using for Forex & Crypto Currency Trading. Bitcoin-Method.com is connected with many Forex brokers, including some licensed brokers, and many unlicensed brokers.
We reviewed this robo-advisor software and immediately noticed how professionally it was made. We are of course talking about the actual software inside, because the home page is like the other ones, with fake promises of making $14,000.
Bitcoin Method Review
When you look at the Bitcoin Method functionality, you can see that is it a very nice software. It is easy to use, and pretty straight forward in how it works.
Investors researching and comparing automated trading systems, will always look for the ability to choose a licensed broker, and then they check what settings available to configure.
You can see in this screenshot below, the many configuration options available. The ability to set a “daily stop loss” and “daily take profits” is a unique feature among Forex trading robots.
Bitcoin Method Settings
Risk Management: The 6 risk management settings are there to let you control your default trade size and minimize losses from bad signals.
It’s important you set the Max Daily Trades number very low. A trading robot can in theory make over 100 trades an hour. The Max Concurrent Trades setting is for you to limit, how many open trades are happening at the same time.
Asset Selection: Bitcoin Method works on 19 different currency pairs. You have the ability to select which underlying assets the robot will trade. Asset selection is very important because an algorithm sometimes work well, but will get horrible results when the markets are volatile.
Demo Trading: You will be able to take a tour of the trading software once you are inside the trading room.
Remember, demo trading is not real, and it always shows a profit. Their purpose of a demo is to show you the features of the software, but not the true trading signals or results.
Choice of Forex Brokers
Bitcoin Method connects with a variety of brokers both unregulated and regulated. During our two tests, we were assigned an unlicensed broker Fintech Prime and Get Financial.
A huge problem with trading Forex is that there are scam brokers which steal your money, and they are not regulated by any government authority. Many trading robots we have reviewed looked good, but they do not work with licensed brokers which means they are a scam.
It is extremely important that you only invest money, with a broker that you have verified, is licensed in your country.
Go visit the official site: http://Bitcoin-Method.com.
Original article and pictures take scambroker.com site
