MeProfits is one of those robots that reach out to traders with promises of helping them join the millionaire club. You are probably here after receiving a spam email claiming to hold the key to a lavish lifestyle. But is MeProfits legit, and is it true that it is the secret to financial freedom? Definitely not! We have investigated MeProfits and determined that it is a terrible scam. This fake robot conspires with fraud offshore brokers to defraud unsuspecting traders.
InsideBitcoins conducts intensive research on robots to help you avoid scam and maximize profits on legit bots. Our reviews take into account factors such as genuineness, transparency, consistency in performance, reputation, customer service, and security. We rate robots based on each of the above factor and then aggregate all the factors to determine an overall legitimacy score.
MeProfits is among the worst robots in our list with a legitimacy score of 5%. Keep reading to learn more about the MeProfits scam or go straight to Bitcoin Trader, a legit robot with a legitimacy score of 97%.
Is MeProfits Legit? No!
MeProfits Scam: Test Results Explained!
How to detect a scam trading robot
Scam robots like MeProfits tend to have almost the same characteristics. However, these characteristics are not easy to identify for the untrained eye. That’s why we suggest that you read comprehensive and unbiased reviews like this one before opening an account with any robot.
We recommend that you browse through our main robots page to determine if your robot of choice is legit. If the robot is not in our list, please feel free to notify us in the comment section below, and we will do a review for you. The following are some of the features we look at when determining the legitimacy of a trading robot.
- Information verification – InsideBitcoins conducts a battery of tests to determine if the testimonials provided on a robot website are genuine. We also conduct background research on the founders or founding company. Scam robots are likely to present false testimonials and founders information.
- Feedback analysis – We analyze thousands of individual consumer reviews on sites such as TrustPilot. Scam robots are likely to have a lot of complaints or no reviews at all.
- Customer services analysis – Here, we determine if a platform has adequate channels of communication and if they are easily accessible. Scam robots provide email as the only channel and do not respond to most inquiries.
- Cybersecurity review – Our investigation also includes reviewing the security measures undertaken by a robot to safeguard data. Scam robots are likely to have zero security measures in place.
Is MeProfits legit? The Verdict!
MeProfits is a ridiculous scam that is based on a pyramid scheme model and targets inexperienced traders. InsideBitcoins investigation shows that this scam operates in cahoots with scam brokers. Any deposit made through MeProfits goes to the pockets of these brokers and the scammers who own the platform.
We suggest that you keep off this platform and instead try Bitcoin Trader, a tested and proven trading robot. Our live test shows that it is possible to generate an average daily return of $1500 through this robot.