Last Updated on January 1, 2023 by Stephan Lindburg
BitQS review. The BitQS scam is the last in a long list of cloned websites and get-rich-quick crypto schemes designed to attract potential victims by getting them to invest with unlicensed offshore brokers. Essentially, the BitQS software, app, and automated trading platform is simple website or sales page which is integrated with CFD (contracts for difference) brokers. When we tested BitQS and invested €250, the broker which was assigned to us was named “CFD Pro Markets”. This broker has a registered business address in Sofia Bulgaria and for all intents and purposes operating illegally and most definitely not authorized to manage financial portfolios on behalf of clients. Originally we heard about BitQS after receiving a complaint from one of our members. This subscriber saw an advertisement with Akshay Phillips being hosted on the Morning Show with Michael Schofield. In the fake UK Mirror advertisement there was a link which directed him to the BitQS app.
Who Is Behind The BitQS Scam?
The people who are orchestrating this fraud are affiliate networks which are buying advertising spots on various search engines, Facebook, or other media portals. The advertising generates massive interest, and as a result victims end up registering for these types of schemes and eventually lose their money. We truly hope that after reading our BitQS review our viewers can see with their own eyes exactly what they are potentially getting themselves into and hopefully avert a financial catastrophe. Still, if for some unknown reason you feel compelled to try out the this bogus automated trading software, we highly recommend you take a second look at the facts before investing. After exposing these crooks and their methods of operation, we are absolutely convinced that you will choose to avoid this fraudulent trading app.
Official Website, Login Page, and Members Area: bitqs-apps(dot)com
Here we can see the BitQS main website and registration area. We would like you to take a very close look at the hand which is holding the cellphone and the logo BitQS logo inside. Feel free to click the image and enlarge it if you need to.
And here we have four cloned websites which use the exact same design and color pallet. They even use the same sales pitch ” Bitcoin is Making People Rich”. This means the scammers are building a production line of illegal websites designed to bait unsuspecting victims. If you ever had the misfortune of registering for one of these miserable systems, you would immediately understand how things can escalate very quickly.
BitQS Fake Testimonials
- 1 BitQS Fake Testimonials
- 2 Fake BitQS Reviews
- 3 BitQS Fake News
- 4 What Is BitQS, and How Does It Really Work?
- 5 BitQS Review: Another Copied Scam – We Have Proof!
- 6 Is It Free?
- 7 BitQS Regulation: Is BitQS Legal?
- 8 Other Viral Scams
- 9 Tested Alternatives That Work
- 10 BitQS Review, Summary, and Conclusions
Below you can see the BitQS testimonial section. Again, it’s all forged and designed to mislead viewers into believing that they are about to join a reputable trading app. We are constantly amazed by the level of carelessness and brazenness these scammers have exhibited. They are not afraid in the least bit to get caught or have their products blacklisted by reputable review websites.
Fake BitQS Reviews
Here we can see the most troubling aspect of this latest ruse. Below is a screenshot of one website which claims BitQS is “an ultra-effective tool” that “helps ordinary people make a profit”. We want you to take a real good look at what this site is saying and how the information is presented in a very polished and convincing manner. If you are asking yourself why these site owners choose to publish fake reviews then we have the answer for you.
Every time you register for an offer through their website the clicks are tracked to their affiliate campaign. If you invest then these cheaters get a percentage of your losses.
BitQS Fake News
Here we have a screenshot of that fake UK Mirror article we mentioned with Akshay Phillips being interviews by Holly Willoughby and Michael Schofield on this morning UK. Notice the link inside the article body named “trading platform”. Viewers clicking on this link are redirected to the BitQS Scam and illegally solicited to register for a fraudulent trading software.
Phillips is not the only celebrity which has has deal with his name being dragged through the mud and used without permission. Other names include (but are not restricted to) the likes of top UK chef Gordon Ramsay, Bear Grylls, members of the Dragons’ Den, Shark Tank, and many more.
What Is BitQS, and How Does It Really Work?
BitQS is advertised as a unique AI-powered trading app which utilizes a heuristic algorithm in order to execute automated trading protocols. In the sales page we can also see that new members gain access to a community of new Bitcoin millionaires who were willing to take a small risk in order to achieve massive wealth. However, these are all lies as you may well have guessed.
BitQS Review: Another Copied Scam – We Have Proof!
Honestly, we thought about a creative way to present our arguments but then it occurred to us that we should just layout the simple facts about the BitQS scam software and bogus automated trading app. BitQS scores a big fat zero when considering reliability and transparency. There are no patents and the trading platform is completely anonymous since we don’t really know who is behind it.
BitQS is simply a template which is being recycled and constantly reused by scammers. There is nothing genuine or authentic about this fake signals app. Just avoid it!
This piece of rubbish has no back-testing or adequate reporting tools which provide statistical performance data, or for that matter any type of information regarding the accuracy levels of the signals which are provided. When it comes to withdrawals you can bet your last penny that you won’t be able to cash out because the brokers which are linked to the BitQS scam or unauthorized to manage financial portfolios on behalf of paying clients.
That means they have no intention of playing fair and will use you as their personal cash cow. Simply put, if you make the hasty and incorrect decision to register for this program, you will most likely end up getting ripped off by professional offshore con artists.
Is It Free?
Not a chance! Get ready to part with at least €250, and that money will be charged to your credit card by the broker which has been allocated to you.
BitQS Regulation: Is BitQS Legal?
BitQS is not a patented trading software and has no licensing from any legal jurisdiction. The terms and conditions section is copied from other cloned versions of the app, and there is no meaningful discussion in regards to risk which is related to online trading in general and CFD’s specifically. We have double-checked this with CySec, ASIC, and found out that BitQS is Blacklisted with the FCA in the United Kingdom for providing unauthorized financial services (see screenshot below).
Other Viral Scams
The ones we have received the most complaints about are Bitcoin Prime and Immediate Edge.
|Success Ratio||Around 1.5% In The Money Ratio|
|Legal Aspects||BitQS is not a legal trading app.|
|Customer Service||Don't even try it.|
|Transparency||This app is completely anonymous.|
Tested Alternatives That Work
If you are searching for a genuine trading app which generates consistent profits then we have exactly what you are looking for. Before we recommend a software we test it ourselves and risk our own hard-earned money. If the app performs as it should we add it to our short list of recommended systems. So go ahead and check it out!
BitQS Review, Summary, and Conclusions
We decided to blacklist the BitQS scam app, software, and automated trading platform because all the evidence indicates that we are dealing with another get-rich-quick crypto scheme. If you were contacted in any way and advised to join this phony service, we highly recommend you refrain from doing so and immediately report the scammers to the authorities. If you feel we have misjudged or alternatively believe our evaluation to be too critical, we invite you to reach out and message us through our contact page or social media.