DigitroniQ alleges to help traders make an average daily profit of $3750. When you open their website, the first statement you see is a guarantee to make $7500 in 24 hours. But is DigitroniQ a legit forex robot? As usual, we went in search of answers and unearthed the hidden truths about this self-proclaimed robot. Our investigation reveals that DigitroniQ is a scam. This means that you won’t make any money with this robot and they will steal your deposit.
InsideBitcoins investigation involves a live test and also an in-depth analysis of users’ feedback. In the live test, we deposit the minimum amount required and then carry out live trading. We lost a deposit of $250 in less than an hour of live trading with DigitroniQ. The user feedback analysis involves reviewing comments on consumer review sites such as TrustPilot. Keep reading or click the ‘trade now’ button in the table below to visit a tested and proven robot.
Is DigitroniQ legit? No!
What is DigitroniQ?
DigitroniQ is a scam trading platform disguised as a forex trading robot. As explained above, this platform does not have any trading technology. Like most scam robots, DigitroniQ is just but a website that baits unsuspecting traders’ into signing up with offshore scam brokers. These brokers, in return, give kickbacks for any signups made through the platform.
With this type of brokers, there is no real trading involved. Their main goal is to steal deposits and therefore use all forms of trickery to get more money from their victims. It is no wonder that DigitroniQ will try to trick you into depositing more money after losing the initial deposit. In our live test, they asked as to deposit an additional $250 to get a bonus equal to the amount lost.
The best way to determine if a trading robot is legit is by determining if their partner brokers are regulated. Trading robots depend on brokers to facilitate transactions and execute trades, and it is therefore highly unlikely that a scam robot will partner with a regulated broker.
Regulated brokers are required by law to segregate deposits and only use them for the intended purpose. Consequently, you have an assurance that any money you deposit with them is safe. Scam brokers, on the other hand, operate in jurisdictions with poor regulation, which means that there is no way to trace them when they disappear with your money. Read our Mason Ford review to learn about what to look for in a legit robot broker.
Why is DigitroniQ a scam?
DigitroniQ: Key Features
DigitroniQ is a big scam robot meaning that you should not expect any profits. Our live test shows that traders lose a deposit of $250 in around three hours. The platform appears set to report losses of $100 per hour. We recommend that you avoid this platform and instead try a tested and proven robot.
Tedious verification process
While DigitroniQ requires email and phone verification at the initial stages of registration, they are likely to demand more information later. Our investigation shows that they sell users data to other scammers, including hackers.
Unscrupulous marketing practices
DigitroniQ relies on spam marketing and deceptive affiliates to get new signups. There are complaints that their spam emails are ridden with malware. Moreover, their affiliate marketers use all form of lies to trick traders into signing up.
Poor users’ feedback
DigitroniQ generally has negative reviews on independent consumer review sites such as TrustPilot. Most users who have tried DigitroniQ report making consistent losses. There are also a lot of complaints about their unresponsive customer service.
Poor customer service
DigitroniQ provides email as the only channel of communication. InsideBitcoins investigation reveals that they do not respond to inquiries relating to deposits. We found a lot of complaints about DigitroniQ stealing users’ deposit. Furthermore, most people who have tried this robot report making consistent losses.
Our investigation further reveals that the brokers listed by DigitroniQ as partners are all scam. They are not regulated and do not connect to any exchange. Furthermore, there are a lot of complaints about these brokers scamming people. We recommend that you read our Profit Trade review to know what to look for in a robot broker.
How to determine a legit trading robot
With 90% of all trading robots being a scam, it is hard for the untrained eye to identify legit robots. InsideBitcoins makes this easier for you by providing unbiased and comprehensive reviews. Our robot legitimacy tests take into account a myriad of factors. These include;
- Profitability – We do a live test of robots to determine if they are as profitable as they claim. Scam robots report consistent losses from the beginning to the end. We also review other users’ feedback from independent consumer review sites such as TrustPilot.
- Transparency – Scam robots hide crucial information such as their legal registration, founders, and partner brokers. Most create fake founder’s profile and users’ testimonials. We run a Google reverse image search on any profiles on the website of a broker to determine their legitimacy.
- Reputability – Scam robots are likely to have a lot of negative reviews on independent consumer review sites. We advise that you avoid any robot with a lot of negative reviews or those with few perfect reviews.
- Safety – A robot that does not pay attention to users’ online safety is likely to be a scam. We look at how a robot handles users’ data, and the security measures are undertaken to safeguard data. Regarding security measures, we look at whether the robot website and trading platforms have encryption. Read our review of Bitcoin Code for a comprehensive review of a legit trading robot.
Is DigitroniQ legit? The Verdict!
DigitroniQ is a shameless scam that baits traders with promises of making a daily profit of up to $5k. However, our review reveals that this platform is nothing but a scammers’ webpage. Further investigation shows that they collaborate with fake brokers to defraud traders. These brokers have no regulation and are well known to steal deposits. Also worth noting, this platform uses fake testimonials to lure unsuspecting traders.
Moreover, DigitroniQ shares users’ data with third-party scammers. You will receive a lot of spam emails and calls after signing up with this platform. We recommend that you avoid DigitroniQ and instead try Bitcoin Investor for a legit robot.