COPIED SCAM: XBT News Trader review

XBT News Trader reviewIn this review we expose the XBT News Trader scam that is made to lose your money.

XBT News Trader allegedly is a crypto trading program which trading signals are based on an analysis of hundreds of news sources. A team of analysts supposedly is behind these decisions.

So, can XBT News Trader really make you money for free, since the system is free?

XBT News Trader Scam

ClonesThe reality is that XBT News Trader is a scam that first appeared under the name of Bitcoin News Trader, see our review.

It is designed to take your money and lose it fast. Check our picture for the comparison.

Fake team

Not real expertsIn the XBT News Trader video you can see a team of people posing with a board with the XBT News Trader logo. If you think that this is the actual team behind this program, you are wrong.

As you can see on our picture, it is just an edited stock video that has been used by many different projects.

Illegal service

The fact is that XBT News Trader is providing investment advice, since it wants to tell you when to enter cryptocurrency trades. And this is a regulated activity overseen by national financial regulators.

But XBT News Trader is completely anonymous, it is not licences by any regulator, therefore it is an illegal service in most countries.

The truth

They want your moneyIf you wonder why somebody gives away for free a trading solution that is losing money, the reason is very simple.

As you can see on our picture, the second step of the registration will push you to deposit money with an unregulated broker called Golden Markets, which by the way is the subject of a warning from the Financial Conduct Authority.

People who run XBT News Trader are paid by this broker for referring new depositors who will quickly lose their money. That’s the reason why they are doing all this.

Conclusion

XBT News Trader is a known scam with a new name, stay away from it!

If you want to earn money in crypto trading, start practicing and learning on a free demo with a regulated broker.

Start trading with real money only if you manage to build a profitable strategy on the demo.

Summary
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XBT News Trader
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