CoinBotLab System is a newly-released supposedly CFD trading robot. It also operates on operate in the crypto and Forex markets. The Altcoin investment bot is still new in the digital scene and has not yet proven its ability to generate good daily results.

Not only this but there is no data regarding its actual creator or group of founders. Most trading reviews and user testimonials do not speak very highly of its performance. It does have time to justify the accuracy rate presented on the official website but this is not very likely.

Skip the Content & Read the Final Conclusion

The list of assets that the currency trading solution offers users is very short. It does not even come close to the number of trading operations that one can carry out with some of the legit and truly trustworthy digital investment tools. This is why we cannot advise users to get started with it.

It is best for them to view it as a possible scam. They can avoid potential losses if they do this. If the user if searching for a reliable CFD trading solution, then he or she can Proceed to Safe Robot OR Pick a Trusted Robot from our List of Recommended Ones.

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Basic Information:

  • Price: No Registration Requirement Fee
  • Software: CFD Trading Bot
  • Max Returns: 30-60%
  • Min Deposit: $250

Pros:

  • Friendly Customer Care

Cons:

  • Limited List of Currency Assets
  • Not Actually Regulated As Is Claimed
  • No Connections With Approved Brokers
  • Delayed Withdrawals & Troubles With Deposits
  • Daily Results Are Very Low

Top10BinaryDemo Verdict

Not Reliable Service

Complete Anonymity of the Founding Team

Everybody is obsessed with cryptocurrencies nowadays. Some users are so decisive to hop on board the Altcoin trend that they forget that not all crypto robots are legit and authentic. Preliminary research and investigation are crucial if one wishes to generate good and consistent daily results on any given market, without a view if it is the crypto investment, CFD trading or Forex pairs one.

Online investors should keep in mind that one of the very first scam alerts is when the creator or group of such prefer to remain anonymous. This is never a good sign. The official website of CryptoBotLab System does not even provide an explanation as to why.

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It is best for the average user to keep his personal funds safe and sound with an already determined to be legit and genuine CFD trading software like the Ethereum Code System. It has an excellent daily accuracy ration. People who have opened trading accounts with it state that they are more than pleased and appeased with their results.

Interesting Fact:

Another important feature that traders must stay wary of is the applied trading platform and interface. Some digital scams copy directly from one another. The people that stand behind them only change the name of the given CFD software, crypto mining or scrypt mining system. They even forget to change the names of the fake user testimonials and reviews sometimes.

Low Daily Results & Fake Testimonials

This currency trading tool is advertised as giving users an authentic opportunity to invest in the crypto markets via the means of a contract-for-differences (CFD). But the reality is much different. It utilizes the interface and trading platform of several already proven to be scam financial solutions. All of the testimonials and live result feeds are also composed of made-up numbers and stock images. The reality is that most people do not achieve consistent daily earnings with it.

Unreliable CFD Trading & Crypto Broker Platforms

Another white rabbit that users often fall for is fictitious stamps-of-approval. None of them are issued by a truly legit regulatory authority. Anybody could have made them, especially if they have some skills in Photoshop or graphic design. The websites that are supposed to endorse the crypto trading software are merely just promoting a scam product.

CoinBotLab System Scam

Our exhaustive online research into the way that this CFD trading solution supposedly works did not conclude with positive results. The algorithm principle is never explained. There are many dubious facts about the crypto robot, including its origins and the personality of the creator. It does not partner with officially-recognized platforms and it is not subject to proper monitoring and regulation. Users better view it as a scam and sign-up for a different investment robot.

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A Limited Amount of Trading Assets

CoinBotLab System offers its users a limited list of 16 Forex currency pairs and 6 cryptocurrency ones. The latter feature Bitcoin, Litecoin, Ethereum, Ripple, Monero, and Dashcoin. This is not a very substantial opportunity for users to engage in trading operations that can be closet to favorable results. Most authentic Altcoin trading solutions offer more than a 100 different assets from all four main categories.

Better Ways to Capitalize on the Crypto Market!

CoinBotLab System is a digital investment tool which is supposed to trade on the crypto market using CFDs. We did not manage to establish that this is true. Very little is actually known about the Altcoin solution. It offers a small number of assets and operates with unregulated crypto brokers.

The interface and trading platform are taken from already proven to be scam cryptocurrency exchange systems. Its stamps-of-approval are not genuine. There is no official monitoring. Users better turn to a legit and truly authentic CFD trading bot. This one raises the scam-o-meter with many different indications.

Conclusion:

t10demo_high_risk_stampOur investigation team conducted a comprehensive investigation on CoinBotLab to find out if this product is genuine. As a result we cannot say that there was enough evidence indicating if CoinBotLab is generating high profits. We found many reasons that made us suspicious about this robot being a scam.

 

In order to protect traders from bad trading experience and financial loses we recommend you to

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David

David

Hello!
I am David Raines, a Forex trader with years of experience in online trading. I write reviews of Forex Brokers, Auto Trading Software and Signals Providers.
David

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