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Q PROFIT SYSTEM: SCAM OR LEGIT? THE ULTIMATE TEST

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Author: Patrick Webber

Created by Jerry Douglas, Q Profit System is a software that promises $1000 daily returns to its members. But is Q Profit System legit or simply a scam? In this Q Profit review, we analysed the robot in detail, looking at reputability, technology, testimonials and profitability and have found it to appear legit, working and reliable. Read our detailed Q Profit System review below to know more about its features.

Q Profit System: 92% alleged win rate

OUR RATING

  • 92% alleged win rate
  • Over 5,000 positive user testimonials
  • Useful videos and educational material

Is Q Profit System Legit? Yes!

Having studied the Q Profit system carefully, we deduce the following:

  • Q Profit claim a trading signals accuracy of 92% and there are hundreds of user testimonials that back up this claim.
  • This software claims its members can earn $1000 per day and that experienced traders can earn as much as $5000.
  • It is a reputable software that users are choosing to trade with.

In a bid to present facts to investors on various trading robots on the internet, we have reviewed this trading robot called Q Profit System. With the increase in binary option startups and tokens in the ecosystem, it is very hard to distinguish between real and fake ones as they are designed in a way to confuse even very experienced traders. In this review, we present how to identify legitimate trading robots like Q Profit System.

What is the Q Profit System?

Q Profit System claims to be an automated trading platform where binary options can be traded and profits of at least $1000 can be realised daily. Not only that, this system claims to have helped a lot of people achieve financial freedom. This seems quite believable as it was able to provide a reasonable explanation as to how this trading software works. Founded by a man identified as Jerry Douglas, this software claims to help investors make more money while trading online.

As an inquisitive trader, there are key questions which must be answered before trading on any binary option. First, is the trading platform registered/licensed? Checking out for these details on the Q Profit System, we found its registration number as well as the broker sites it uses for trading. We found out that the broker sites used by the software are from PRESTIGE Financial Markets.

Secondly are there good reviews about the trading platform? After thorough analysis, we found out that there are several good testimonials about the software aside from the ones available on its website. Searching for more reviews on the internet, many reviews about this software are positive. Many shared the good results they achieved after using the software.

Lastly, who founded the trading platform and who are the team members? According to the video played on the website, the founder of the software is identified as Jerry Douglas. According to him, he opined that his reason for creating the software is to help people achieve financial freedom without gaining anything in return.

After checking all these details, it is now safe to conclude that the Q Profit System is a legitimate trading robot.

Who founded the Q Profit System?

This software was founded by a man called Jerry Douglas. Jerry Douglas, in the introduction video shown on the website, says that he is a binary options trader and enthusiast who is interested in how technology is used to trade assets and generate profitable returns.

Jerry Douglas stated that he built this software with the help of professionals. His team released the software on 11th August 2017.  They promise their users that they will get $1000 daily returns by using the software as well as by following its recommended trading style. Even if the software is useful, traders are still advised to be cautious when trading and follow a strict trading plan.

What Makes Q Profit System Legit?

We have real reasons to conclude that the Q Profit System indeed works.

1. High alleged win rate

Q Profit System promises its users average daily returns of $1,000 from a $250 deposit, with a claimed win rate of 92%.

It is true that trading is a win/loss system of which the next trading action cannot be accurately predicted. Investors only study the market and make trading decisions based on their decisions. But with the help of the Q Profit System, traders have claimed to make a guaranteed ROI.

2. Useful videos and educational material

In the video shown on the website, Jerry Douglas explains the functionality of the software using a woman as an example. He also explained that the Q Profit System work with an in-built algorithm with which it searches different financial markets for profitable information about different binary option operations and then via the results give trading signals that the software works with.

c. Positive  user testimonials

There are also many user testimonials shared on the website from users claiming that Q Profit System has generated them tens of thousands of dollars.

How to register an account on the Q Profit System

Step 1: Registration

Performing a signup action for a Q Profit account on its website is very simple. Firstly click here to open your account.

Upon accessing the website and watching the video, the next thing is to sign up for an account and the registration form can be seen on the homepage to the right. As a website built to detect location, the location of the visit is detected upon opening the page. The details needed to create a Q Profit account are your first name, last name, email address, password and phone number.

Step 2: Deposit

After registration, the website connects you to a broker site for deposit e.g. PRESTIGE Financial Markets and upon logging in, a deposit page is opened to deposit funds. Usually, to activate trading on the Q Profit platform, a minimum of $250 is needed for deposit. There are two basic methods available on the PRESTIGE broker site. You can pay either through your debit/credit cards or in Bitcoin.

Step 3: Start trading

After deposit, as an automated trading platform, all that is required of the trader is to initiate trade using the Start Auto-trade button. After the trade is initiated, the system begins to trade different assets against each other as the trading signals are being analyzed.

Have people made money with the Q Profit System?

Yes! Many people appear to have made money with the software. Because of the reliable in-built algorithms and trading signals provided by this system, many traders shared their testimonies online on how they are making money through the help of Q Profit System.

Q Profit System Review: The Verdict!

We have done a full review of the Q Profit System and conclude that this software is a legitimate and effective trading robot. .

Q Profit System: 92% alleged win rate

OUR RATING

  • 92% alleged win rate
  • Over 5,000 positive user testimonials
  • Useful videos and educational material
Remember that all investment opportunities carry a certain risk. This especially applies to auto-trading, which is still relatively young in the financial markets.

FAQs

How does automated trading work?

Usually, automated software do exactly what a human trader would do. i.e. it initiate trades, perform technical analysis before entering a trade, close trades etc

Is the Q Profit System used for trading binary options only?

Yes, it is used for trading binary options only.

How do you know if a trading robot is a scam?

Check the broker’s license, check the founder’s details and read user testimonials.

Asides from Q Profit, what other trading robots are recommendable?

1k Daily Profit, Bitcoin Code etc.

Remember, all trading carries risk. Views expressed are those of the writers only. Past performance is no guarantee of future results. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. This website is free for you to use but we may receive commission from the companies we feature on this site.
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A cryptocurrency and trading writer and editor, I specialise in algorithmic trading. I’ve written about every type of automated trading tools - from cryptocurrency robots, binary option robots, down to robo advisors. My goal is to write honest reviews about automated trading tools in order to help users understand which software are trustworthy and which ones they should stay away from. I am constantly analysing and scrutinising the up and coming trading apps so if you are seeking advice or if you would like me to write a robot review in particular don't hesitate to get in touch – I’m happy to help!

2 thoughts on “Q PROFIT SYSTEM: SCAM OR LEGIT? THE ULTIMATE TEST

    1. Hello Hds001, you are correct, Q-Profits is a scam robot and we would not recommend anyone to use it. However, there are a lot of other trading bots that are legit and secure. Legit crypto bots are mentioned in this article.

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