MyZyncTech Review Is This A Scam Or Legit Crypto Trading Bot

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MyZyncTech Review: Is This A Scam Or Legit Crypto Trading Bot?

MyZyncTech Review: Scam or legit Crypto trading bot? My ZyncTech is a Crypto trading Bot which grants customers the pleasure of not having to frequently check Cryptocurrency charts, thus providing them with the latest much needed information about the market price.The team behind MyZyncTech.com claim to have more than hundred years of combined experiences in the industry. According to the information in the website, the ZyncTech team are a group of computer experts who came together to produce an Artificial Intelligence robot in order to give everyone a chance to participate successfully in the Crypto market space.

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How Does MyZyncTech Works?

MyZyncTech is designed in such a way that keeps traders updated about the rise and fall in the cryptocurrency market space. One of the huge problems every new or experienced trader faces in the market is going through all the chart setups and checking the news outlets constantly. Though the markets are open 24 hours a day, it is very hard to keep track of the pair movements across all time frame to find the optimal entry and exit points. This software aims to detect certain setups on auto-pilot, thus alerting the traders so they do not have to stay glued to the screens and news at the same time but rather get alerts only when an opportunity present itself.

Is MyZyncTech Trustable?

The answer is NO. This is because most of the legitimate solutions offer a free trial or demo account to traders so they can test its performance but MyZyncTech.com packages involve money, there is no such thing as free or demo account for beginners. The accuracy rate of the Bot is neither mentioned or assured. Also, My Zync Tech is shrouded in mystery as the information presented to the public is scanty.

MyZyncTech Review Conclusion:

Though this Bot offers to solve a fundamental problem faced by traders, the price tag is rather steep for a product with little or zero information. The alleged testimonials and reviews in the website are rather shady and could be said to be stock photos. It is therefore hard to recommend this Bot, as their sales page don’t instill confidence.

MyZyncTech Review

MyZyncTech ( myzynctech.com ) is a crypto trading bot which supposedly has high winning rate which enables its users to profit from the market without having to go through the charts all the time. Their concept is similar to that of a MT4 EA but in this case they are focusing exclusively on cryptocurrencies only as they have volatility unlike any other financial instrument.

Subtle is the word which perfectly describes their platform but do not jump into conclusion quickly. There is a lot of mystery surrounding this bot and in this review we are going to unravel them all while making sure that you are well informed about this product before making the purchase.

How does MyZyncTech Work?

The fundamental problem every new or experienced trader faces in the market is going through all the chart setups every time and constantly checking the news outlets. Though the markets are open 24 hours a day it is very hard to keep track of the pair movements across all timeframe to find the optimal entry and exit points.

This software aims to solve this problems by detecting certain setups on auto-pilot and alerting the traders so that they do not have to stay glued to the screens and news at the same time but rather get alerts only when an opportunity is present.

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This platform states that they help traders make easy, fast, simple and effective way but they have not talked anything about the actual strategy they have incorporated. We do not know the exact parameters or patterns which influence the trading decision of this algorithm.

The accuracy rate of the robot is neither mentioned nor assured. On the other hand the users are given control over setting and customizing the input parameters to make the software show relevant signals and trades only. The take profit and maximum loss can be tweaked to match your risk appetite.

Returns

Returns a robot can potentially generate cannot be guaranteed by any software regardless of what kind of success rate it had in the back-testing, the historical data and the past performance does not guarantee the gains. Since uncertainty is a part and parcel of trading it literally is impossible to quote any price on the profits and loss.

This bot offers 3 packages wherein as a rule of thumb more features are present in the expensive packages. The following features are available in all the packages which are as follows.

  • Fast Setup
  • Binary Residual
  • Advancementer Rank
  • Leadership Pool
  • Additional Incentives
  • Bot Membership

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Forex Reviews Ι Stocks and CFDs Brokers

When you want to trade Forex, Stocks, Futures, Cryptocurrencies, Bonds or CFDs, there’s always a broker or an exchange where you can open an account to facilitate your trading.

In fact, since trading became popular on the internet, hundreds of brokers have sprang up and they all masquerade as “the best brokers” to trade with on the internet.

Some of the features they use to lure traders include:

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  3. AI software for trading
  4. High leverage and tight spreads
  5. Deposit bonuses
  6. Cutting-edge trading platform

Because there are literally hundreds of brokers on the internet offering the same exact thing, one may ask:

How do we choose the best broker and avoid the bad ones?

To answer that question, we’ve selected 3 brokers that we think have at least met industry standards.

These brokers are ranked according to features, level of customer support, regulations, reputation and many other factors.

On the other hand, we leave traders to decide which brokers they want to choose. Usually, one trader’s style is different from another trader’s strategy.

The two traders cannot be satisfied by one broker due to their varying trading styles and needs in general.

The list of the best brokers to trade with

As we’ve said previously, we’ll rank brokers based on their capabilities and most of these parameters are looked at in favor of the client.

So we’ll also look at how they handle customer funds, structure of their business, whether or not they’re regulated and also length of time that they’ve stayed in operation.

On top of that, we usually update this list to reflect any changes or actions that may have been taken against any broker by their respective regulatory authorities.

We’re only listing brokers that are regulated by financial organizations listed below:

Some of the financial regulators above are made up for independently governed agencies while others are operated by the Central bank of the country where the financial regulator is based at.

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MT4 and MT5: Yes

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Support: Very Good

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MT4 and MT5: Yes

Minimum Deposit: $50

Support: Very Good

Our Ratings: 75/100

Assets: Forex, Stocks, Options, Crypto

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