CM Trader is a scam

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BitQT is one of the apps that the whole internet is talking about right now.

It is designed to make strategic trading decisions based on the rising and falling Bitcoin price.

A lot has been said about BitQT, from an 88% success rate and the ability to make thousands of dollars every day to referrals from celebrities.

This report will help you separate the fact from the fiction and find out if BitQT app is a reputable provider or just another rip-off ploy.


BitQT: fraud or serious?

There are many ads on Facebook promoting the BitQT app.

There is a lot of hype surrounding the app because it is recommended by the rich and famous. You have probably heard that she was featured on popular shows like The Lions Den, Shark Tank, Dragon’s Den and also on Breakfast TV.

You may have come across it on the news, wondering whether the negative or positive reports are true.

You have probably also noticed that the advertising message repeats itself over and over again: either the app can make you rich or it is a pure rip-off scheme that you should rather avoid.

We cannot confirm or refute that BitQT is guaranteed to make you or anyone else a millionaire. However, we can inform you that Bitcoin passed the 20,000 euro mark in 2017, which has enabled many Bitcoin traders to make substantial profits.

Some of them even became millionaires overnight.


So what is it about BitQT? Is it a scam?

Or is it really possible to join the ranks of these successful Bitcoin traders?

BitQT app stands out from the competition with its algorithm and its automatic trading function, with which you can supposedly achieve a success rate of 88 percent. The results are comparable to those of Bitcoin Loophole and Bitcoin Profit, which are also Bitcoin robots.


The app's website recommends following a Fibonacci strategy and 10-minute intervals so that the robot has the highest chance of success.

BitQT seems to be a reputable platform for Bitcoin trading. However, as a user, you should be aware that any type of Bitcoin trading on any platform is always volatile and risky. We therefore strongly recommend that our readers test any new trading app with a risk-free demo account before investing any real money.

The BitQT basics

The BitQT system has been steadily growing in popularity since its release in 2017. The creator of BitQT remains a phantom to the public, but industry experts suspect that the innovative app is the joint effort of experienced Bitcoin traders who wanted to develop the "ultimate Bitcoin software".

Part of that ultimate experience, according to the platform, is the ability to execute transactions 0.01 seconds faster than the competition's robots.

This head start is due to the trend signals of the crypto market, where the unique BitQT algorithm reacts 0.01 seconds faster than most of the competing Bitcoin robots.

Such a tiny advance in time may initially seem insignificant and meaningless to inexperienced traders.

But apart from the speed advantage mentioned above, users of the app largely agree that BitQT is one of the simplest, most user-friendly and most effective automatic Bitcoin trading platforms on the market.

Reputation is of immense importance for online companies - fortunately, BitQT has countless positive reviews.

BitQT is free, easy-to-use software

There is no subscription model. The users can use the software for free because the developers earn their money from the trading volume and are not dependent on paying subscribers. For every successful transaction, the developers only receive one percent, beyond that we were unable to discover any other hidden fees.


The platform is extremely user-friendly because you are ready to go in five simple steps:

  • Create an account.
  • Choose a broker.
  • Make the first deposit / investment.
  • Set up your account settings.
  • Turn on automatic trading and get started.

Of course, we recommend that you try out the demo account for free first and then start with a small investment in your live account, for example with the minimum deposit amount of € 250. We would also like to advise you that, in a sixth step, you monitor your performance in the app regularly and carefully.

Trade with BitQT

To become a BitQT user, you need to open an account. In the following we explain the individual steps that are necessary for this.

  1. Registration

Register your free account through the BitQT website. All you need to do here is provide some basic information about yourself, such as: B. Name, email address and telephone number. Create a username and password for your account and confirm your registration by SMS or email.

  1. Choose a broker

BitQT has put together a list of brokers for you from which you can choose the right one.

As soon as you have completed the registration, you will be automatically connected to the broker of your choice.


As a crypto trading robot, the app accesses a pool of professional and reputable online brokers to direct the flow of money in automatic trading mode. Your money automatically goes through this broker to then be invested in assets.

  1. Demo vs. live account

You have the opportunity to try a demo account.

This option gives you a tour of the app, which introduces you to the technology and functions. You will also be credited with a virtual credit of € 1,500, which you can use to trade in demo mode. So you can basically test the platform for free and practice it for your live account.

Once you have completed or skipped the demo mode, simply click the automatic trading button and the software will operate on its own.

  1. Settings and functions of the live account

With your live account, you first stop in the app's trading room.

Here you can use the options to specify how the system should trade with cryptocurrencies (including Bitcoin, Ethereum, Ripple and Litecoin).

The following three points are particularly important:

  • Choose which currency pairs you want to trade with.
  • Number of concurrent transactions.
  • Starting amount for each transaction.

We recommend that you bet a maximum of 25 euros per trade at the beginning.

The platform has different areas that you should explore further:

  • The control panel gives you an overview of your portfolio and your settings, which you can also manage / adjust here.
  • The Transaction History tab allows you to sift through previous negative and positive transactions.
  • Check the performance of the robots in real time via the tab with the open transactions.
  1. Make your deposit


Make your first deposit using Mastercard, Visa, American Express, Discover Network, or Neteller credit or debit cards.

Make sure that automatic trading has been selected before activating the robot.

Remember to start with a small investment first. If you make a profit you can still increase the amount you are willing to risk.

What are the key features of BitQT?

As with other trading apps, most user questions deal with the earning potential. BitQT's website indicates that users earn an average of 1,300 euros per trading day. The catch is, however, beginners tend to score less because they are taking less risk. However, these users have the opportunity to earn more if they reinvest their profits and thereby increase the potential profit.

Users can have the money paid out at any time.

Withdrawal requests are usually processed and transferred to your bank within 24 hours, according to the BitQT website. We have tested the withdrawal process and can confirm this information.


We were able to register for free, which is also advertised on the website.

Hidden costs, such as B. commissions or broker fees, we have not been able to discover. Nor have we been able to find any other user reviews or complaints that indicate unexpected costs.

Customer service is available 24/7 via email and / or live chat. We tested both methods of contacting various inquiries and found the account managers to be knowledgeable and helpful.

How does BitQT compare to the competition?

The list of trading robots available in the market is long.

Most of them advertise great conversion and performance rates. So why is BitQT one of the most popular providers? We have compiled a list of the features and characteristics where BitQT can score with users compared to the competition.

Where other Bitcoin trading robots often require vast amounts of personal data (including even bank statements), our registration with BitQT took less than five minutes and only required some basic information about ourselves.

Most crypto trading robots don't come close to the BitQT success rate of 88-95%.

Unlike BitQT, most crypto trading platforms don't offer a free demo account. Instead, they stipulate that you must immediately risk real money without first having any experience with the system.

The number of fraudulent robots on the market is growing every day.

All user reviews, testimonials and recommendations for BitQT indicate that the app is a reputable platform that can be used to generate profits and cash them out within 24 hours or less.


The algorithm of the app may be complex, but the extremely user-friendly and easy-to-use interface doesn't show that. On average, it takes less than 20 minutes a day to manage the account.

  • Information and advice

The educational tutorials, webinars and expert content on the platform ensure that even the most inexperienced trader stays informed and their earnings continue to grow.

  • First class customer service

The importance of competent, friendly and easily accessible customer service cannot be overstated. With other trading robots, we had to wait more than 24 hours for a response from customer service, whereas our experience with BitQT's customer support team was impeccable.

Is there a path to success with BitQT?

The prospect of making money is tempting, and so it is difficult to distinguish scams from reputable cryptocurrency platforms. We would therefore like to encourage you to read the testimonials from BitQT users yourself.

They seemed to be largely in agreement in their judgment.

The users state that they achieve sustainable, significant profits with the platform.

Nevertheless, we would like to point out again that trading in cryptocurrencies is associated with a high level of risk due to its volatility, even if it has basically proven to be a lucrative investment instrument.

Trading Bitcoin should never be confused with buying Bitcoin, which leaves the Bitcoin in your wallet.


This app is a tool for the automatic trading of cryptocurrencies.

It can be invaluable to novice and experienced traders alike, providing safe and reliable access to trading robots. Do you want to know how to get the most out of your new favorite app? Here are a few tips:

  • Use the free demo to familiarize yourself with the platform and learn more about how trading robots work.
  • Start with the minimum deposit amount of 250€.
  • When you make profits, you should reinvest a certain part of it to increase your payout potential.
  • Use the educational materials on BitQT to get expert opinion and better understand the technical side of trading cryptocurrencies.
  • Never invest more than you can afford to lose.
  • Although the software has an extremely high success rate, it still carries a risk.
  • There are high rewards for high risks taken. You should always be prepared for the fact that this activity can also result in loss.

Does BitQT have a mobile app?

No, BitQT is a pure browser platform.

This is the only way to ensure the operation of a reliable, reputable Bitcoin trading platform. It can be accessed from any device with an internet connection, including PCs, smartphones and tablets.

Warning: Do not trust any apps (and their ratings) that claim to be related to BitQT.


BitQT myths

Speaking of warnings, this BitQT review wouldn't be complete if it didn't also delve into the myths you've probably come across as well:

Myth: It was featured on TV

While some fake news sites claim the opposite, BitQT has never been featured on a TV show.

The app's popularity came from its viral spread on the internet, and the official website also confirms this.

In fact, potential users are cautioned that rumors of the app's participation in TV shows like Shark Tank and Dragon’s Den are most likely being spread to discourage users from considering BitQT as a legitimate trading robot.

Myth: Famous People Who Recommend BitQT

Jamie Oliver has reportedly made so much money off of BitQT that he plans to quit his career as a chef and close all of his restaurants.

British stand-up comedian Jim Davidson is also said to have put his official seal of approval on the robot.

Hollywood elites like Kate Winslet, Jet Li and Nicole Kidman are reportedly crazy about the BitQT revolution.

Celebrity millionaire Charlie Brake is said to have told participants at the UK's Love Island that he owed his wealth to investing in Bitcoin.

And even very successful CEOs like Andrew Forrest are said to have been benevolent about investing with BitQT.

But there is only one problem: none of this is true.

If you see websites that advertise such celebrity recommendations, then with some likelihood there is a phishing attempt that uses the popularity of Bitcoin and one of the most successful trading platforms as bait.

Gossip blogs also like to use viral SEO keywords such as Bitcoin and Trading or brand names such as BitQT to catch clicks.

Myth: BitQT was featured on news websites


The British daily Daily Mirror appeared to have published articles on BitQT and a few other Bitcoin trading robots.

Here, too, it turned out that there was only a phishing page behind it, which had copied the user interface of the Daily Mirror.

BitQT is an excellent trading tool that has been proven to generate varying amounts of income for users.

You should be aware, however, that fake news sites are taking advantage of BitQT's reputation to spread propaganda for their own purposes.

Countless posts on Bitcoin, robots and BitQT have also been uploaded to the communities of the social news site Reddit.

However, you should be careful that these Reddit links do not direct you to fake news sites.

BitQT: the final verdict

Trading robots are emerging as the tool of choice for beginners as well as professionals.

This popularity is accompanied by unscrupulous people who spread falsehoods to maintain the status quo or who want to capitalize on their reputable, positive reputation.

Of course, there are also real users who report their negative experiences - but is their opinion based on the objective performance of the trading robot or rather on their own user errors and unrealistic expectations? The answer can make a huge difference.

to take the risk of financial loss. Investing in cryptocurrencies is always risky and you will not find a provider who promises you guaranteed profits.

With this in mind, our final verdict is that BitQT has truly earned the reputation of a reputable, reliable Bitcoin trading software for private users. The automation and the complex algorithm seem to ensure that errors by the user can be reduced.

The low deposit amount, free demo account, training materials and simple user interface make BitQT the industry leader in a niche,

which is brimming with investment opportunities.

If you are interested in automated trading of cryptocurrencies, we recommend that you follow the steps above to set up your free BitQT account. Registration should be completed in less than five minutes and you only need to provide a few basic pieces of information about yourself.


You can then try out the BitQT demo mode for yourself.

Put the system through its paces to see if it meets your expectations.

And while you are already there, you can also get information about all Bitcoin news from industry experts.

If something does not suit you, you can leave the platform without spending a cent.

Or you feel comfortable and make the minimum deposit of 250 euros, whereby you should be careful not to take more than 25 euros per transaction in your hand.

Remember that BitQT customer support is always available 24/7 in case you have any questions or concerns.

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