We have been doing affiliate marketing for many years already, and recently when checking the latest offers from MaxBounty, we saw Bitcoin Circuit. What made Bitcoin Circuit jump out at us was that they are offering affiliates $1,001 per lead. Now that is the highest affiliate offer we have ever seen in our lives.
So what is this Bitcoin Circuit trading app, and how does it work?
Bitcoin Circuit is actually a pathetic attempt to create a user friendly algorithm trading software for CFD trading, and it is missing all the features and functionality of an authentic trading robot. If you are interested in seeing the website we are talking about, go to: https://bitcoin-circuit-app.com. But naturally, the website is now dead, just a few months later.
Another website also using the name is at: BitcoinCircuitNow.com (affiliate link)
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Bitcoin Circuit Fake Trading App
Detecting fraud Forex or Crypto brokers is actually getting easier and easier. All an investor needs to do is look for a legal financial license on the brokers website. During our test of the Bitcoin Circuit app, we were assigned to a broker called TradeFW. They are actually a CySEC licensed broker in Europe, but we could not access the trading signals or algorithm.
We need to first make a deposit at the broker before they will show us any of the apps features.
Many times when signing up to this trading app, you will be sent to a new offshore broker, and that is very bad. Using an unregulated or offshore broker will lead to problems in withdrawing any profits, if you are lucky enough to make money.
Does Bitcoin Circuit Make Money?
Testimonials, Big Bold Letters, Countdown Timer, Take Action Today, are all signs of a Crypto trading app scam.
“Bitcoin Circuit members typically profit a minimum of $1100 daily.”
You will see on Bitcoin-Circuit-App.com, that everyday the signup by date across the top changes, and if you switch countries via a VPN, the country name will change as well. This is the way internet marketing works, to create a sense of urgency that you if don’t act fast, the opportunity will go away.
The truth is, most of these algorithm trading apps and robots will disappear. What happened to the software that was located at BitcoinCircuit.com, that website is now dead! Trading software like these do not work, and the real purpose it to get you to invest your money with a shady broker.
Bitcoin Circuit is Not in the App Store
Just like you, we also thought that they have an actual trading app for use on our Android / Apple devices. But a quick search on Google Play and iTunes shows that no such app exists!
Crypto Circuit worked really hard to give you the false impression that they are a big company, and offering a real product. They made a video with professional actors, and even wrote testimonials on their website. But at the end, it is all just a facade, and not real.
Popular Algorithm Trading Apps
Now that you understand that 99% of trading robots are actually fake, you are probably wondering so which ones are the real deal. Real automated trading robots, have proper customization features that allow you to choose a licensed and regulated broker, you can select the trading strategy and the underlying assets to trade.
Many brokers offer either trading signals from Trading Central, or a customized with indicators which show traders interests.