Bitopia Review – A New Fintech Trading Revolution Or A Robo-Advisory Scam?
Is Bitopia scam or legit trading software? When we started investigating this investment platform a few things immediately stood out. First, we could not find any of the usual red flags which are immediately associated with similar get-rich-quick schemes. Secondly, the website, as well as trading interface were very intuitive and user friendly. And finally, we snooped around and started asking the difficult questions about the types of brokers we have to deal with as well as issues related to withdrawals. Everything checked out, and Bitopia passed our initial screening process. Its also important to point out that when conducting our detailed Bitopia review, we messaged the customer service desk multiple times, and found their staff to be both professional as well as courteous (a rarity when it comes to online trading).
Bitopia, (hosted at Bitopia.co) is an MT4-powered signals app and not what is commonly referred to as a trading robot or auto-trader. We have recently received request for a manual signals solution where traders have more control over execution, and Bitopia does just that in the best possible way. For those of you who do not know what MT4 or Meta Trader 4 is, it’s an electronic trading platform commonly used by online retail Forex traders. The software is integrated to the brokers who provide it to their customers free of charge.
It’s well known that in recent years, Robo Advisors have grown to become new investment tools which are gaining more popularity among veteran traders and newbie investors. Welcome to the world of Robo-advisory. Bitopia is an online software app specifically developed to offer robust investment technology for investors, whilst providing them an entry into the investment world by allowing lower minimum balances and lower fees.
Robo-advisors such as Bitopia can be particularly useful for those that are hesitant to hire a financial advisor, as they’re designed to automatically select investments that are regarded appropriate for you based on a short form that you complete which provides detail on your investment goals. Bitopia is the worlds first ever Robo-advisory with a new and clever twist! It allows new users to open portfolios with crypto-currencies AS WELL AS Forex. We always looking for new and diverse trading apps which empower day-traders, and it looks like we found a winner.
Zero Complaints: We asked, but could not find one single complaint about Bitopia or the service they provide. We also checked out their brokers, and when we signed up we were allocated a broker named Finmarket which is regulated and has a solid online reputation.
Do you believe Bitopia is a SCAM robo advisor and have second thoughts about investing? We are sure that if you read our review you will see exactly how profitable it can be for you!
2019 Official Update: Due to a significant drop in performance we are no longer recommending Bitopia. We will keep monitoring and advise if there are any changes.
Official Website, Login page, and Members Area: Bitopia
Preliminary Background Check About The Bitopia Scam-Free And Its Offering:
Bitopia has recently launched its robo advisory service, offering new users the chance to open a free tailor-made trading portfolio. Bitopia is unique because the software puts the risk/reward ratio in the hands of the trader (that’s you). Risk tolerance is the name of the game, and Bitopia lets you decide your levels of exposure way before even opening up your first trading session.
How Does the System Work?
This new investment platform is pretty much straight-forward and intuitive. Bitopia has taken the complexity out of trading so you can literally sit back and enjoy the ride. Simply fill out a very short form, and bitopia will automatically generate an optimized, tailored-made trading portfolio for you. Once you successfully fund your account, Bitopia will automatically send you an email with the required instructions on how to seamlessly integrate the app into your trading account. You can literally start trading after 5 minutes of opening up a new account. Previous knowledge of Forex or cryptocurrency trading is not required in order to successfully execute winning trades. Simply sign up, and fill out the short form, and your well on your way to start trading with Bitopia’s powerful trading algorithms. You can activate and de-activate the algo trading software whenever you wish. Otherwise, it will stop executing trades when it reaches the trade turnover you have previously instructed it to achieve.
Is Bitopia Scam or Safe Trading Software?
Bitopia has been one of the most user-friendly platforms our staff investigated, and after closely examining the logic behind the portfolios, Bitopia is without doubt scam-free. We know it was carefully developed to meet the very high industry standards for quality and safety. The Bitopia app fully integrates with a variety of regulated brokers and uses some of the most sophisticated trading algorithms in the market for cryptocurrencies and Forex contracts.
Bitopia Review, Full Scam Check!
The Bitopia Scam-free software is marketed as a profitable robo-advisor which utilizes advanced algorithmic trading strategies which produce consistent results. In the sales presentation the Head of Behavioral Science claims that it is in may ways similar to a GPS. In other words, it is a kind of dynamic and constantly-adapting blueprint for executing successful trades. Well, we didn’t just take their word for it, we actually pulled out our wallet and risked our own money. We have to admit, its not push and go. But after a few minutes of filling out a form and providing some relevant information about how much we want to risk and what we expect to gain in return, we were already executing live trades. Initially the app took a few losses, but we were advised that this is normal. Truth be said, we didn’t harbor any grand expectations but the app was actually able to generate some successful trades and we were able to make very modest gains. We won our initial investment back and made $100 the next day. The following week was similar, and we managed to generate about $400 in profits and proceeded to cash out (NO PROBLEMS AT ALL).
Many scam trading apps we have exposed here at Scam Crypto Robots have distinct similarities, especially when it comes to broker integration. Bitopia integrates with licensed brokers, which means our members needn’t concern themselves about getting ripped off or having to deal with various unethical business practices.
The image above represents the actual trading interface and how the signals are displayed on the MT4 trading panel. There is also a robust FAQ section for anyone who need explanations.
Price & Achieved Returns
Unlike other trading bots out there, Bitopia offers a diverse assets index which includes currency pairs as well as crypto pairs. The risk management is set to very conservative, and the portfolio react accordingly. Members can trade with minimal distractions knowing that the algo trading app will not trade risky positions. While risk takers can successfully make an average of 9-12% returns a month.
Bitopia’s users have the option of making a monthly payment to increase their portfolio size, and trade on bigger lots month by month. A lot is the minimum number of units traded (usually 100,000 units of currency). Traders looking to save money for retirement or to make an initial down payment on a house can use this method to achieve their financial goals.
How to Get Started?
You can start your free and profitable journey with Bitopia’s portfolio generator by completing the following few first steps:
- Register for FREE.
- Deposit at least $250
- Once you fund your trading account the software will be sent to you by mail.
- Download the software and read the simple integration instructions. You should be fully ready to trade within 5 minutes of having a funded account.
Factoid: Downloading MT4 is perfectly safe, we have done it ourselves in various occasions and never had any issues.
Bitopia Review Summary, Conclusions, and Helpful Tips – is Bitopia SCAM-Free?
Bitopia is one of the lowest-cost online advice system, and giving it a try comes with little risk attached thanks to the Bitopias automated stop loss feature. You don’t need 100K to get started, and no one will treat you like a small fish. In fact, quite the opposite is true. The software also offers currencies which are not readily available in most other systems, and its digital financial planning tools are extremely useful as well as easy to use. We have mentioned this before right? As always, we recommend our members never invest more than they can afford to lose. Should you need additional information please message us via our contact page or through our YouTube Channel, Facebook Group, and G+ profile.