BTC Robot is an unlicensed auto trading software that claims to be “the world’s first commercial multi-cryptocurrency robot”, that offers trading with Bitcoin and Ethereum as assets. They are promising traders they can enjoy all the benefits of entering the crypto markets early.
During this BTC Robot review, we tried to find more information about the company behind this auto trading robot, but unfortunately, the website doesn’t provide any information on the company. We didn’t manage to find any reliable info that could help traders find out whether BTC Robot is a legit company or just a website operated by an unknown group of individuals.
Read this detailed BTC Robot Broker Review to find out more about this software, its features, software, customer support, and banking methods.
Most modern-day traders prefer to use brokers and trading software that offer a somewhat personalized approach, or at least, somewhat specific set of features that are in tune with their needs. BTC Robot has three different program plans.
- $19.99 per month
- Most affordable
- Single License on ONE MT4 broker
- $39.99 per month
- Two Licenses: on FxChoice and one MT4 Broker
- Advertised as “best buy”
- Premium customer support
- $399.99 per year (one-time payment)
- 3 MT4 brokers of your choice
- Expedited ticket support
- One-on-one Platinum support
- Free upgrade to Ethereum Robot (coming soon)
If you want to check these facts by yourself, be sure to scroll all the way down, as this info is on the very bottom of the page.
Upon further review of these accounts, we noted how it is necessary not only to make a deposit but also to pay a fee for using this auto trading crypto software. Considering there are many free auto trading software for cryptos on the market, this is a pricey choice. Brokers usually require around $250 deposit before you start trading, so in case you decide to use the cheapest plan, you end up with a $270 initial investment, and if you want to use Platinum Plan, make sure to have $650. This crypto trading robot is definitely designed for traders with deeper pockets.
Tip: If you are looking to trade with a lower minimum deposit, try IQ Option. You can open an IQ Option account with just $10!
BTC Robot Demo
BTC Robot doesn’t have a demo account. BTC Robot demo would be a great addition, as it would give traders an insight into what trading interface looks like, before they pay the monthly or annual fee and before they deposit with a broker available on the interface. Considering that this robot isn’t cheap, the BTC Robot demo would attract more traders. It would be great if they added this feature in the future.
Trading Software & Assets
BTC Robot is a software you can test, only after you pay for it. It is impossible to get an insight into it, before making the payment. This auto trading software heavily advertises the usage of the MT4 platform which is one of the most popular and reliable trading platforms in the world of online trading. However, it was impossible to confirm these claims. BTC Robot is an auto trading software that you have to download and install on your computer. It is not web-based, which makes it limited to one computer, so you will have to plan your daily trading, depending on when you have access to the computer.
Also, we were unable to see what assets this robot is offering, so traders simply have to rely on their gut before making a payment. However, it is always good to check the platform before making a payment, and that is advice every trader should consider. The homepage heavily advertises trading with cryptocurrencies such as Bitcoin and Ethereum, but there is no mentioning of other assets.
BTC Robot Mobile Platform
BTC Robot website doesn’t mention mobile trading. During this review, we tried to find out whether or not the MT4 mobile trading platform is supported, but were unable to do so due to lack of the information on the website.
BTC Robot Brokers
BTC Robot allows traders trading with up to three brokers, depending on the plan they subscribe to. The only broker they are naming and actually promoting is FX Choice, a broker regulated by the IFSC (Licence number: IFSC/60/191/TS/19). However, no other broker is mentioned.
In this BTC Robot review, we tried to find out more information about their customer support. After, all it is mentioned that Platinum Plan users get special treatment, but what about potential users who only want to find out more before making a payment?
There is no live chat customer support. This is a bit disappointing, as most traders rely on live chat customer support for quick and straightforward answers. Still, you can always send an email and ask what you want to know, but bear in mind that email is much slower mean of communication and you may have to wait for your answer for a day or two.
Banking & Company Information
BTC Robot, as previously mentioned, charges a fee. If you want to use this crypto trading software you will have to pay anywhere from $19.99 per month to $399.99 a year. To buy the software, simply click the “Add to cart” button on the website. You will be redirected to a website where you can make the purchase. There, you have to fill out the credit card data and follow the procedure. The good news is that there is a 60 days money-back guarantee, but we were unable to find terms and conditions for using this opportunity. When we clicked to the link that allegedly leads to Return Policy, we were simply taken to the top of the page. The same goes for Terms and Conditions. We truly believe that every website must have clear and easily accessible terms and conditions, so we don’t appreciate this approach. The page related to payments is available in English, Spanish, German, French, Italian and Portuguese.
Credit cards available are VISA and MasterCard. There are no fast and convenient payment methods such as PayPal and Skrill, or any local payment methods.
BTC Broker Pros & Cons
- Supports MT4 platform
- Offers trading with regulated brokers
- No demo
- High price