What is the Crypto Engine?
Crypto Engine is a new crypto trading signals app, that is made for CFD and Spread Betting Investors to use with a CFD broker.
If you did your homework, you have already found many review websites saying that the Crypto Engine is a scam, so we will explain why they think the way they do.
We assume that you know what CFD trading is, and how it works. The problem is, most people have no idea how Contracts for Difference work. When they read about a new trading software like Crypto Engine, they think that they can make millions of dollars, just like the video says they will.
Why the Crypto Engine is a Scam
The main reason why this software is a scam, is because they connect you with an unlicensed broker like Interactive-Trading. Investing online is not for everyone, and most people lose money. The real numbers in Europe show that 80% of people lose money investing with CFDs, even those investing at an award winning FCA regulated broker like ForTrade.
Just think how many people make money at offshore brokers. The answer is ZERO. No one makes money when they send their money to St Vincent or the Marshall Islands.
Crypto Engine Review
What the Crypto Engine is suppose to do for you, is automatically places trades in your Crypto brokerage account. If you were investing with a licensed and authorised broker, then you would probably use an Expert Advisor software from MQL5.
A little research shows that this software goes by many names including Bitcoin Code, Bitcoin Circuit and Bitcoin Loophole. Bottom line, it is a scam and go find yourself a licensed broker!
Look at the robots page, and find a software that allows you to choose a licensed broker.