Libra Profit System Review: It is a Scam Indeed
Libra Profit System is a website that allegedly provides intuitive trading software that caters to all your needs. The company claims that its software is ideal for all ranges of traders looking to make $1,000 or more in daily profits.
If this sounds too good to be true, it’s because it is. These kinds of returns are impossible to achieve in the cryptocurrency space. They are using these false promises to lure unsuspecting customers onto their illegal operations.
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These robots come highly secure and ensure they are compatible with any and all devices. You get the best in terms of protection.
Other trading robots may become unstable if they engage for long, not robots on our expert-recommended list.
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Great profit margins
Every trader wants to each the maximum levels when it comes to trading in the forex market. And that’s what you get with these tools.
You get the best trading tools that hit a consistent profit margin of 85 percent on a yearly basis. It makes them the best forex trading robots to get.
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Reliable and Trustworthy
These robots are reliable and trusted and offer much when it comes to systematic performance levels.
You get robots or rather trading tools that work while you’re away with ease. These robots won’t shut down during any live trading sessions.
The website claims the software is designed around the new cryptocurrency created by Facebook called Libra. Do not fall for this. This company has nothing to offer you. They are just after your money.
Additionally, they are claiming to trade in Forex and other cryptocurrencies. They want you to believe they will provide you with signals that have a 99.4% accuracy level.
However, there is no information on who is behind these trading signals. Investors always want to know they are receiving signals from experienced individuals. There is no way to verify this is the case with this company.
Only companies that are run by people with extensive experience can succeed in the cryptocurrency space. Avoid this company like the plague. Stick with the best cryptocurrency trading robots if you want to make any returns.
Libra Profit System Review
Libra Profit System claims that its trading software takes advantage of the volatility resulting from Facebook’s cryptocurrency, Libra. It doesn’t take an experienced trader to see through this lie. No volatility has resulted from Libra coin news.
The Libra coin doesn’t yet exist. Facebook only announced that they are going to launch it at some point in 2020. Moreover, they pointed out that they may never launch it because of resistance from lawmakers, national banks, and governments. So the basis of the operation of Libra Profit System makes no sense.
Moreover, the firm is targeting novice traders. They are saying you don’t need any experience because the robot will do everything for you. Further, they are saying the robot can place ten trades in just 60 seconds.
They are trying to lure eager investors into their scheme by promising unrealistically high returns. No real cryptocurrency robot can give you the kind of returns this firm is promising.
This is just another get rich quick scam only after your money. There is no telling what these crooks are willing to do to scam you.
The website features a countdown to when they will close their registration. Do not fall for this. They have no limitations on registration. Furthermore, once the clock gets to zero, the countdown starts all over again. They are just trying to create a sense of urgency and trick you into signing up before you think it through.
Moreover, Libra Profit System says the software has been awarded the number one trading software in the world. However, they do not say who has awarded them this award.
How Libra Profit System Allegedly Works
Allegedly, the Libra Profits Systems trading robot makes profits by utilizing price volatility created by the Libra Coin news and trends. The website states that the software delivers accurate signals on exactly when to buy and sell cryptocurrency. Additionally, they tell clients they can start investing from as little as $250 and makeup to $1000 a day.
This explanation offers no insight into the inner workings of this software. They do not tell us anything about the market setups the robot looks for to open or close trades, and this is a firm run by a bunch of amateurs who know nothing about cryptocurrency trading.
The website says they have the number one trading algorithm in the cryptocurrency space. They are claiming accuracy levels of up to 99.4%. One begs to question, what algorithm exactly are they using?
Moreover, a 99.4% accuracy level is unheard of in the market. The company is saying that it is impossible to lose trades with their system. Only fake companies can tell you this. Even the best legitimate trading robots occasionally have losing trades.
Fund Safety
Libra Profits System has put no effort to assure clients of funds safety. They have partnered with unregulated brokers like Profit Trade. We do not understand why they would push their clients to deposit funds with shady companies. Regulatory bodies oversee the operations of a company to ensure they are not running illegal activities.
There are many risks involved with sending your money to unregulated companies. You will have no one to turn to if they scam you your funds.
Founders and Physical Address
This company is faceless. There are no details on who runs its operations. The company’s owners have chosen to operate in the shadows. There is no telling what experience they have in cryptocurrency trading. They may have none. They are just riding the cryptocurrency hype to scam people.
Moreover, they have not revealed where the company is headquartered. These people don’t want to be tracked down by anyone, and it is because they don’t want to be held accountable for their actions.
The only way to get in touch with the firm is by filling out a contact form featured on the website. However, there is no guarantee that they will respond to customer complaints. Moreover, they have no social media presence.
We strongly advise against trusting mysterious people on the internet. You will end up losing all your hard-earned cash without seeing it. Then, you will not have any way to recover or trace your funds.
Domain Insight
The official domain for Libra Profit System is libra-profitsysoftware.com. The domain was registered on the 13th of August 2020, and expiry is on the same date in 2021, it is a common trait with fake companies. They take out short registration periods because they do not plan to stick in the market long enough.
After they get your money, they will disappear into thin air and will then re-brand themselves and try to scam more people. Enough people have already lost their money this way. Do not be one of them. Steer clear from Libra Profits System. They have nothing to offer you.
Customer Testimonials
This company is using fake customer testimonials in an attempt to show you that there are real people making money using their system, and this is now real people.
They are using stock images that anyone can buy and use. The website is barely a month old, but the testimonials are already saying it has changed their lives.
One of the testimonials states that they are making over $2,000 a day. However, there is no proof of payment featured on the website.
Final Verdict
Libra Profit System is a scam that is only after your money. The website is full of lies, and you should not trust them with your money. Moreover, the owners have not come forward and claimed their company. We cannot, in our right minds, recommend to you a company run by mysterious individuals.
Additionally, they have partnered with people who are operating illegally. Your funds are not safe with these people. To save yourself some trouble, only use the best cryptocurrency robots in your trading. Stay cautious.