Control Traders Review: ControlTraders.com Is an Untrustworthy Trading Platform

Control Traders is promoting itself as an all-in-one trading platform through which you can trade in different crypto coins and currencies. ControlTraders.com also claims to be a leading platform in the crypto trading industry.

However, in actuality, it was formed just a few months ago. Therefore, it is important to review this platform in detail to determine whether you can actually trust it or not.

What is Control Traders?

ControlTraders.com is claiming to be a life-changing opportunity for the users by saying that it has strong roots in a variety of trading industries, especially the crypto industry. As a result, it is inviting people to invest in the company so that they can earn a significant amount of profits.

The company keeps giving contradictory messages about its work. For instance, at one place it is claiming that you just have to spend the money on the company's packages and enjoy automatic crypto trading. On the other hand, the website also states that Control Traders will provide all of the required hardware and software to the businesses to help them in trading.

A common marketing point of this company is that it has access to state-of-the-art technology that can help the businesses in crypto trading. Other than the crypto industry, ControlTraders.com is also claiming to be a part of the e-commerce, cloud computing, and digital media industry.

Origins of Control Traders

ControlTraders.com does not provide any information about the owner of the company. Similarly, there is no data available about the team members behind the website. It only provides two addresses. One address is in the USA while the other one is in Australia.

Want to dive deeper into this topic?

Connect with Val or one of his team of experts for personalized insights, one-on-one guidance, and tailored advice to help you navigate the complexities discussed in this article.

Book a Call Now

However, it is still not clear where the company was actually established. The analysis of the website shows that Brazil and Australia are contributing to the highest amount of online traffic to Control Traders. The company's domain was registered in February 2020.

It shows that Control Traders is a new company. Therefore, you should not believe its claims of being a leading platform in the crypto industry. It is only presenting itself as a well-established company so that more and more users invest in the platform.

Income Structure of Control Traders

In order to be a part of the Control Traders, you have to invest at least $300. The company states that this money is used to buy the company's own CTCoin. ControlTraders.com is offering the following packages:

• Beginner Package for which you have to invest $300 and get $12 a week for the period of 52 weeks.
• Entrepreneur Package for which you have to invest $500 and get $20 a week for the period of 52 weeks.
• Gold Package for which you have to invest $1500 and get $60 a week for the period of 52 weeks.
• Premium Package for which you have to invest $3000 and get $120 a week for the period of 52 weeks.
• Challenger Package for which you have to invest $5000 and get $250 a week for the period of 52 weeks.

Features of Control Traders

ControlTraders.com is claiming to have a variety of useful features that can help you in making profits from this platform. The website states that the company is using CTCoin to provide these benefits to the users. 

Leading Platform

The very first unbelievable claim of the Control Traders is that this platform is a leading platform in the crypto industry. ControlTraders.com states that CTCoin is the leading crypto coin in the world. However, it is completely untrue. In fact, there is no proof of the fact that such a coin has any actual value in the market. 

Number of Investors

Control Traders is claiming that more than 1 million users are part of the large crypto community of this platform. However, such claims should not be believed. ControlTraders.com was established in February 2020, and there is no proof that the company has been successful in attracting such kind of massive investment. 

Security

Safety and security of the crypto trading procedures are extremely important in making sure you are able to generate a good amount of profits. Otherwise, crypto machines and trading procedures are always vulnerable to a variety of cyberattacks. 

ControlTraders.com is claiming that the company is operating on 100% decentralized crypto network. Moreover, it promises the users that the company will protect their investment with modern security protocols.

However, there is no proof that the company is actually capable of ensuring maximum protection. The company is only making general claims and not explaining any specific security procedures. Therefore, you should avoid investing in Control Traders. Instead, use the genuine crypto trading bots that provide a wide range of trading preferences to help you in crypto trading. 

Quick Trading

Control Trading claims that it is capable of providing a very quick speed for crypto trading. The website even goes on to state that it can complete a trading order in just 3 seconds. Such kind of claims is highly suspicious. Even the most well-established crypto companies often do not have this much quick speed.

Cross-Chain Platform

In order to attract investment from all kind of customers, ControlTraders.com claims that it is capable of providing trading opportunities in multiple crypto coins. As a result, the website defines the platform as a ‘cross-chain solution' that can help you in trade in BTC, USDT, and ETH. 

However, you should remember that the entire purpose of promising such features is to attract as many users as possible. There is no proof that the company will actually provide you with the chance to trade in different currencies. 

Global Services

A major marketing point of Control Traders is that it is a global company that is operating in numerous countries. As a result, the company is trying to attract users from all over the world. ControlTraders.com states that the purpose of offering these global trading services is to make sure the users are able to connect with trading systems all over the world. 

However, the company does not seem to have any genuine offices in international territories. In fact, the given addresses of USA and Australia are also quite suspicious. It points to the fact that the company is probably lying about being a global company to attract investment. 

Customer Support

Control Traders tries to convince the users to invest in the company by promising that they will get 24/7 access to a reliable and efficient customer support system. However, the website of the company does not have any option of directly contacting the company in a quick way. It only provides an e-mail which does not provide a quick response. 

User-Friendly

ControlTraders.com claims that both beginners and experienced crypto traders can rely on this platform because it provides a user-friendly method of trading crypto coins. In reality, the company has a very confusing business model. It presents itself as some sort of reliable crypto trading platform. 

However, the business model of the company indicates that Control Traders is a Ponzi scheme. 

Conclusion

The above discussion makes it evident that Control Traders is completely dependent on the investment from the users. It does not have any external source of revenue. It is only trying to market itself as some kind of sophisticated and efficient company that can transform your life through crypto trading. 

The truth is that ControlTraders.com is like any other Ponzi scheme that does not even reveal the name of the people behind this platform. Therefore, you avoid investing in any kind of money in Control Traders. Instead, you can trust crypto trading bots that have been present in the industry for a few years now. They can help you in generating profits from the crypto industry through efficient and reliable trading.