Golden Profit is one of the world most popular trading robots for the gold market. The robot allegedly generates an average daily return of up to 3%. This means that you can make an annual profit of $1m from a deposit of $500. But is Golden Profit legit and can you make such profits through it? InsideBitcoins investigation shows that Golden Profit is legit. Our live test shows that it is possible to make a daily return of up to $2500 through this robot.
This review will look at what makes Golden Profit legit and why it is the best choice for both beginner and experienced traders. We will also provide ideas to help you get the most out of this robot. Keep reading to learn more about Golden Profit or go straight to the robot registration page by clicking the ‘Visit Site’ button below.
Is Golden Profit Legit? Yes!
- InsideBitcoins give Golden Profit a legitimacy score of 99% – Our investigation reveals that all information on their website is genuine
- Golden Profit has an accuracy level of 99.4% – Our live test and analysis of users’ feedback shows that it makes profits in every nine out of ten trades
- This robot only collaborates with highly regulated brokers – InsideBitcoins investigation shows that all their brokers have proper regulation
- We find their customer service to be highly responsive and knowledgeable – They provide 24/7 customer care
We take into account several factors when calculating the legitimacy of a robot. These factors include the truthfulness of information on their website, users’ feedback on consumer review sites, cyber safety measures in place, partner brokers, and money-back guarantee. Our findings on Golden Profit are explained in details below. Keep reading or visit our Top Bitcoin Robot 2019 review for more information about our rating criteria.
Golden Profit Review: Test Results Explained!
As mentioned above, we determine the legitimacy of a robot by conducting an in-depth background investigation on any information provided on a robot website. Our research begins with users’ testimonials, given that scam robots are known to provide fake reviews.
We conducted a reverse image search on all the testimonials on Golden Profit website and determined that they are legit. In other words, the reviewers are real and have experience with this platform. On profitability, we can confirm that Golden Profit is what it claims to be. In our live test, we made a profit of nearly $300 in around 8 hours and with a deposit of $250.
Regarding reputation, a rigorous analysis of users’ feedback on TrustPilot shows that this platform is generally revered. The majority of reviewers report that Golden Profit generates consistent profits. There are a few complaints about its customer service being unavailable. However, our live test finds customer service to be highly responsive and well equipped.
InsideBitcoins test also involves a review of the brokers in partnership with a robot. Scam bots mostly partner with unregulated, sham offshore brokers. We can confirm that leading bodies, including ASIC and FCA, regulate golden Profit partner brokers. These regulators require brokers to segregate deposits and adhere to a set of reporting requirements. Consequently, traders are assured that their money is safe even in the event of the broker going bankrupt.
How does Golden Profit work?
Golden Profit is a fully automatic robot, and therefore, you do not need any trading experience to use it. The robot exclusively trades gold, which makes it highly profitable and less risky. Gold is known as one of the world most valuable and stable assets. Golden Profit capitalizes on advanced computer algorithms to predict the price movements of gold and place trades.
As mentioned earlier, this trading bot has an accuracy level of 99%. What this means is that it makes money every nine out of ten trades. Moreover, it applies high-frequency-trading technologies which make it possible to capitalize on even the slightest market movement. High-frequency trading techniques are known to be highly profitable even in forex and stock markets.
To trade with Golden Profit, you need to open an account. The account opening process is simple and straightforward and should not take you more than thirty minutes. Fill in your details on a form provided on their website, and you will be matched with a partner broker in your area. You will need to make a minimum deposit of $250 with this broker to start trading. Open an account now or keep reading for more information about Golden Profit.
Why register with Golden Profit?
InsideBitcoins investigation shows that Golden Profit is highly profitable. It is possible to make an average daily return of up to 3% using this robot. If you take the magic of compounding into consideration, it is possible to grow a $250 account into over half a million dollar in one year.
The same amount can grow to over $1b in 5 years. When the risk is factored in, the five-year return from a deposit of $250 should not be less than $500m. It is important to note that there is a risk in trading even when using highly accurate robots such as Golden Profit. InsideBitcoins recommends that you only trade with an amount you can afford to lose.
Also, start with the minimum amount required and only add capital when you are comfortable with the trading platform. Golden Profit provides a demo account to help you familiarize with their trading platform before live trading. We can confirm that their web-trader is easy to use even for complete beginners. Likewise, they provide materials to help users through the installation process. A trainer is also available to walk you through opening and closing trading sessions.
Is Golden Profit safe?
From our investigation, we are confident that Golden Profit is safe. Their website and web-trader have proper encryption in place, which means that hackers cannot intercept traffic and steal data. Furthermore, Golden Profit handles users’ data with strict confidentiality. Their data protection policy categorically states that they do not share users’ data with any third party without the consent of the data owner. Moreover, we have determined that they are GDPR compliant.
It is important to always evaluate a robot’s cybersecurity measures before signing up. Most scam robots do not care about safety and usually sell users’ data to third-party scammers. Others are known to install passwords harvesting malware on users’ computers.
In our reviews, we take user safety as a critical determinant of the legitimacy of a robot. A robot without proper security measures is highly likely to be a scam. The first step to determining if a robot is safe is by checking whether their website has encryption. You can learn this by checking if its URL has the prefix HTTPS instead of HTTP. Secured sites have a padlock symbol at the beginning of the URL. Visit the Golden Profit website to confirm these features.
How to get the most out of Golden Profit
While Golden Profit is entirely auto, there are some few things you can do to maximize its potential. Firstly, you need to follow what is happening in the gold market to be able to determine when to open and close trades. Secondly, you need to monitor your account at least twice during a trading session.
Monitoring your account will help you determine profitability trends and know when it is best to open or close a session. Golden Profits comes with a feature to enable you to lock-in profits and minimize losses. InsideBitcoins suggests that you educate yourself on the basics of the robot to be able to use it appropriately.
If Golden Profit does not appeal to you, we recommend that you visit our main robot page for other highly profitable robots. Our reviews include Forex and Binary robots, stock trading robots, and crypto robots. The best trading robots in our list have a proven track record of generating an average daily return of $1500. Most of these robots require a minimum deposit of $250.
Is Golden Profit legit? The Verdict!
Golden Profit is a legit robot with an average daily profitability of up to 3%. This robot scores highly in trustworthiness and consistency. We can guarantee that it is possible to make an average daily profit of $2500 using this robot. Golden Profit does not charge any license fee at the moment, but there is a likelihood that they will introduce one in the future. We suggest that you open an account now to grab the free license opportunity. You need a minimum capital investment of $250 only to start trading with Golden profit.