The Britcoin System was launched in July 2018 and it is already attracting the attention of traders via social media and email marketing. Most people are under the impression that the Britcoin System is a revolutionary online trading tool that can help them attain financial success. In fact, the claims made by the developer of this program indicates that it is the ultimate ticket for generating quick wealth.
So is this truly a great program? Read our review to discover the answer.
What is Britcoin System?
Designed and launched on the market by Jasper Boyle, the Britcoin System is supposedly a trading system that is designed to make online trading easy and safe for its users. According to information on their website, it comes with an easy to use interface which is suitable for complete beginners as well.
Basically, The Britcoin System will use its advanced algorithms and high-tech features to predict the price movements of popular digital assets like bitcoin. Once it has a confirmed decision, it sends signals to traders. Based on the signals delivered, traders can find out when they should execute a particular trade and how they should go about doing it.
Jasper Boyle claims that he used the same algorithms to attain financial freedom himself. He says that since he worked as a broker for international banks, he has managed to get insights into the mathematical processes that are used by those institutions. From his experience and knowledge, he designed his own trading system that quadrupled his earnings within just 24 hours. Now he wants to help others do the same and this is why he plans to give free access to a lucky few.
His rags to riches story sounds powerful and convincing, but does it have any truth? Well, if it had, this man would be the topic of discussion on major news channels, sites and forums. But, it is quite sad that he doesn’t even have a social media profile under his name. There is also no evidence that the Britcoin System has ever worked for anyone.
How Does Britcoin System Work?
According to the information they have provided, you can get started with their software by creating an account with them. All they require from you is your name and email address. They don’t require any payment or subscription fees because the Britcoin Method is supposedly a free trading system.
This is absolutely wrong because if you sign up with them, you will be asked to register with an offshore broker. These people haven’t provided any credible evidence of their success and yet they want traders to join them and deposit funds with an unreliable broker.
Many innocent traders have been victimized by this trading app and based on their experience, one thing that is evident is that this app doesn’t work as claimed. It neither generates quality signals, nor does it assist traders in any way. It only works for the broker it is aligned with. Here’s how it really works.
There is a group of people that operate the Britcoin System. They send invites to ordinary people via email and social media promising enormous returns and risk-free trading. When someone falls for their words, they put them into contact with an unlicensed broker. They are asked to fund their accounts with a minimum of $250.
The signals produced by the software cannot be relied on and when traders try to execute trades based on the alerts they receive they end up losing their funds. The software keeps on sending bad signals until the funds are completely wiped out. The funds are undoubtedly transferred into the broker’s account and the people running the software get a commission.
Good to Know:
Never trust any bitcoin software that promises to give guaranteed returns. Also, never fund your account with a broker that is not reputable. If you are uncertain about the legitimacy of the company, simply stay away or conduct your own research. With so many different kinds of scams coming up these days, it is not easy to locate a reliable company to partner with. On the other hand, it is extremely easy to lose funds to a fraudulent company.
Britcoin System: Scam Investigation
The majority of the fraudulent trading systems make use of fake testimonials. Britcoin System has also done the same by hiring paid actors to promote their product. In the promo video, you will see people claiming to have earned significantly from this app. Some people claim to have attained financial success and some are allegedly debt-free now, thanks to the Britcoin System. Frankly, these so-called users of Britcoin System actually have nothing to do with the software. They were picked and paid for promotional purpose only.
Transparency is extremely important when investment related deals are involved. But in this case, we don’t know the name of the broker they use. Plus, they haven’t provided important information about their physical location, their company name, etc. Customer support service is also not available.
Moving on, Jasper Boyle is just a name that we have heard. They haven’t shown us who he really is. We searched for his social media profiles, but there is nothing available. Such a wealthy and successful person doesn’t have any online presence? Really?
The Britcoin System is not the kind of tool that will solve your trading problems. In fact, it will cause more problems and damages than you can possibly fathom.
Anyone who has mistakenly joined the Britcoin System has regretted their decision. We don’t want you to be the next one. This is the reason we suggest that you keep away from it. This is certainly not the best option for you as far as online investments are concerned.