Marijuana stocks are becoming increasingly popular amongst investors as more and more countries are legalising cannabis. In the same vein, developers are designing robots to transform the way trading is done. The Weed Millionaire app is a new automated trading software designed to trade marijuana stocks while you sleep and allegedly generate profits. But with its popularity has come a lot of controversy and mixed opinions. This is why we have tested the trading robot to once and for all establish whether it’s truly legit. Based on out test, the software does not appear to be a scam and seems legit. Read on to find out the details.
Is Weed Millionaire Legit or Scam?
The phrase “Weed Millionaire scam” is a popular search on most search engines. Many have reviewed this software and claim it is a scam due to the marketing strategies that many affiliates have used to promote the software. However, we believe that a good review should be focused on the authenticity of the technology it relies on. From our observations, we have found the trading software to be legit. This software operates on a high-speed computer with a claimed track record of over 90% accuracy in trade predictions in the last four years with allegedly only one trading session having losses. So, is the scam story really true? We don’t think so. This software is legit and real.
This software doesn’t take just onto itself which can be thought as a mischievous act, rather it invests traders fund on stock exchanges all around the world to attempt to make profits. This platform is within the reach of everyone having access to the internet, either through a mobile device or a PC. One amazing thing about the trading app is that since it is an automated trading system, investors necessarily need not have background knowledge in trading as the software performs all the functions on autopilot.
Is Weed Millionaire Scam or Legit? The Verdict!
What is Weed Millionaire?
Weed Millionaire is a CFD trading software that works in automation to manage investors' fund and attempt to return profits by trading weed stocks. Its website is unlike several other trading scams that have graced the market posing themselves as genuine. This trading system is allegedly comprised of very experienced traders who have been successful using the software. The Weed Millionaire system is spread across many countries and continents of the world and it is functioning well. However, many people have been skeptical of this software due to more scam robots such as Crypto Robot 365 popping up. However, after having putting this software to the test, we have found that unlike them, this software appears legit and real.
The app is fast becoming the largest CFD Cannabis trading app of the year. In over 1,600 trading sessions that have been carried out by the software, only 1-day session of all the trading days allegedly had losses. This would explain why when users try it, they report consistently returning profits.
The trading robot is capable of diverse functions as it can be used to perform both semi-automated and fully-automated CFD Cannabis trading. Interestingly, insider information reveals that all the figures as revealed on their website are regularly checked by certified accountants and lawyers with documents submitted to the US and Japan Stock Exchanges Securities Authority for review. These official actions wouldn’t have been taken by the team if they weren’t certain about their software.
As you follow this review, a lot of facts will be revealed to ascertain the truth about this new auto-trading system.
How does the Weed Millionaire App work?
Having a perfect understanding of a tool and its functionalities will help you to appreciate and make maximum use of it. According to the founder, the platform is working on existing infrastructure with the instrumentality of super-fast computers to buy assets, currencies and sell in financial markets. This is done in daily trading sessions using the algorithm.
ithm programmed into the software already.
In Financial markets, different assets are priced at different values, at a particular selling price by the seller and a buy price by the buyer. In this case, this trading app stands as both in different phases while interacting with different markets. Usually, upon registration, the trader deposits funds into the account, then the user is just expected to just spend a few minutes (averagely 15 - 20) to make the necessary settings on relevant parameters such as stop loss etc. and activate trading. After this, the app claims to begin to function independently buying assets at a relatively low price and selling at a higher price for profit. The Weed Millionaire app is programmed to make strategic trading decisions such as arbitrage etc, hence the beauty of this invention in the world of trading.
Why should I invest in Weed?
The answer to this question is very simple. What other steadier market to invest in if not in the fast-growing market of Cannabis? In the past few years, more and more countries have been making plans to legalise Cannabis for medicinal and recreational purposes. This has resulted in a rise in value of Cannabis stocks. This is also the reason why so many cannabis robots have been developed recently. Of course, among them there are many scams, so make sure you research what platform to choose to invest on before giving your money away. Some other platforms that you can have a look at that we believe to be reliable are Cannabis Wealth or Cannabis Trader.
Advantages of Cannabis
We all know what Cannabis is, but some may not be aware of its advantages, so we have listed a few in case you are interested.
- Cannabis can be used to mitigate the damages of Hepatitis C.
- It reduces the pain of people affected by Parkinson’s disease.
- It helps prevent nightmares.
- It can alleviate pain and avoid nausea for people who recently went through therapy.
- It can protect from brain damages due to strokes.
Weed Millionaire: Key Features
Weed Millionaire claims that with the right investments, users can earn thousands of dollars every day. Of course, with the volatility of the market Weed Millionaire is associated with, it is hard to tell how much money you can make exactly. What we do know is that there is no limit to what you can earn.
This robot does not have a verification system, which makes the sign up process even simpler. All you need to do to sign up is type in a few personal details, including full name, email address and phone number and that is about it. You will have an account within seconds, ready to be used for trading once you deposit funds in it.
Deposits and withdrawals are very straight forward on this platform. Withdrawals are processed in less than one day and the robot offers numerous payment methods for deposits in an attempt to meet customer potential customer needs.
According to the official website, Weed Millionnaire has no fees and no commissions, so the entirety of the funds in the account belong to users.
On the registration page of the website you will be able to see some statements made by users who traded on Weed Millionaire. They briefly explain how they have never seen such great returns in the past and how Weed Millionaire has changed their lives for the better.
Customer support on Weed Millionaire is very efficient. You can contact a member of staff at any time via email. Based on our investigation, the robot is very reliable, so hopefully you will not be needing any kind of support. When it comes to customer service, this robot is efficient.
As you can see from our step by step guide, once you are on the trading platform, your funds go through online brokers. If you turn the auto-trading mode on, the money in your account will be used to trade automatically with these brokers.
Weed Millionaire versus other Robots
5 tips to make the most of Weed Millionaire
- 1. Start Small
The first piece of advice we would like to give you is to start by investing the minimum required for you to start trading. On this platform you can start with $250. You may not make the thousands of dollars per day as they promise, but the robot claims you can build up profits and use that money to increase your earning potential.
- 2. Withdraw a Percentage of All Returns
Please always withdraw between 25 and 75% of your profits. Never invest all of your profits because you always run the risk of losing all of your funds when trading with crypto, and that would include your profits as well.
- 3. Follow Expert User Advice
Youtube has many videos explaining the best strategies to use when trading on these kinds of platforms. Even though they are automated, there are still strategies you can adopt, so have a look at a few of those videos and decide on which one you prefer.
- 4. Keep Tax Records
You will be paying a tax of a sum that depends on the country you reside in, but there will be a tax. We advise to find out how much that is for your country and keep tax records to avoid investing more than what you see in returns.
- 5. Don’t Invest What You Can’t Afford to Lose
That is fairly self-explanatory. When trading, you must always be ready to lose your money. Even though that is unlikely to happen, trading in this mindset will stop you from taking unnecessary risks by investing more than what your finances allow you to.
5 Reasons to trade with Weed Millionaire
According to the website, the Weed Millionaire software is very advantageous to wealth creation in that it uses reliable technology and algorithms. Outlined below some of the reasons why you should trade with the software.
- As a beginner, you can learn the rudiments of trading as you trade using the Weed Millionaire software.
- The app claims to have average accuracy of 90% on trades, thus a 9/10 chance of making the right trade.
- App transactions and operations are transparent as, allegedly, only one trading session has had losses in all the 1657 trading sessions of the app till date.
- The trading platform can be accessed on your smartphones (Android, iOS compatible), and PC (Windows, Linux, Mac).
- You have access to multiple trading signals daily i.e. 35 – 90 trading signals on an average daily.
- Other reliable robots are:
Does Weed Millionaire have a mobile app?
Unfortunately, Weed Millionaire does not have a mobile app. However, that must not be a concern because as long as you have a phone with Internet connection, you certainly will be able to access the trading platform on it and trade on-the-go with no difficulties.
Weed Millionaire Review: The Verdict!
Having reviewed this software, we have come to the conclusion that this is a legit robot within the new fast growing Cannabis investment market. The Cannabis industry is growing making it a very desirable investment and it is advised to get in early to be ahead of other investors.
The software itself is functioning and the technology is surprisingly accurate. As always, trade with caution and don't risk more than you can lose. We recommend only starting with $250 as an initial investment.
As a beginner, how much should I invest on Weed Millionaire?
You can invest as much as you can afford - according to Weed Millionaire, you do not necessarily need to make a big investment to see nice returns. However, the minimum deposit needed for trading is $250.
I have no experience with trading cannabis or any other stocks - will this damage my chances of making money
In automated trading systems, the experience is not needed for it to work for you. The software does all the work.
How will I know what a profitable trade looks like?
Weed Millionaire provides trading signals giving suggestions on the ones you can engage in.
Can I trade cannabis from work?
Yes you can. All you need to be connected to the internet either from your smartphone or PC.
Is trading marijuana stocks on the Weed Millionaire app illegal?
No, it is completely legal as you are simply speculating on the price of marijuana, but not actually selling it.
How do I get started making money on this trading robot?
Fill out the form on their signup page, log in to your account and deposit using your preferred payment method.