The world of digital assets has observed many types of crypto scams in the past decade, mainly due to the lack of regulation and the immaturity of the crypto market. However, it is the nature of new markets – A risk of uncertainty due to the lack of authorization while on the other hand, a lucrative opportunity to make a good investment. Crypto trading robots are a computer program that have gained popularity in recent years among traders and investors.
In this review, we will look at one of the top-ranking cryptocurrency trading robots in the market, the Wealth Matrix. We will investigate the robot’s features, fees, trading algorithms, trading performance, win rate, withdrawal process, and reputation.
What is Wealth Matrix?
Wealth Matrix is a powerful Artificial Intelligence (AI) trading software that claims to be able to scan the cryptocurrency market and detect successful trading signals. The robot is fully automatic, meaning it can conduct all trading tasks for the user. According to Wealth Matrix, the software is able to produce highly accurate trade signals and execute these orders through robot brokers that are connected to cryptocurrency exchanges.
The robot reports on the website that the software was specifically designed to be as easy as possible so beginners, as well as professional traders, can use the software. the software essentially removes any human intervention from the system and requires users to spend an average of 15 minutes per day to review the signals and adjust the automated settings if necessary.
The team behind Wealth Matrix claims that they have developed a high-end AI trading algorithm for years in order to execute these strategies effectively in the market. Consequently, the robot claims that some of its members often made thousands of dollars in one trading day. Furthermore, Wealth Matrix reports that there are no hidden fees and that the software is free of charge.
Is Wealth Matrix robot legit?
We have analyzed Wealth Matrix trading software carefully including its key factors to determine whether this trading robot is legit and can be trusted. Following our review, we can confirm that Wealth Matrix is legit and trustworthy. The robot efforts to provide a safe trading environment by channeling traders to regulated brokers and protects members’ data. The fact that robot partners with regulated brokers ensures that users’ funds are held in segregated accounts and users will be compensated if the broker goes into bankruptcy.
How does Wealth Matrix work?
Wealth Matrix offers a different type of automated trading algorithm. The company has developed the 8 high-end pattern recognition algorithm to detect trading opportunities in the crypto market. In simple terms, the software allegedly is able the scan and analyze the crypto market by using a powerful AI-driven algorithm to suggest profitable trades and then execute these trades at one time for all its members.
The robot reports that the AI Matrix Pro software is a highly accurate trading software that eventually can generate profits for those who invested in the platform. By using some of the most advanced trading technologies in the market, Wealth Matrix supposedly is able to conduct market research and analyze trading charts. The robot claims to use a preset of technical indicators such as Moving Average, RSI, Bollinger Bands, and oscillator to derive successful trading signals.
Then, the robot is able to connect to a robot broker that executes a large number of orders simultaneously by using another powerful trading algorithm. The robot broker provides a leverage ratio of up to 1:1000 and immediately executes the orders through several market makers. Our review confirms that Wealth Matrix partners with well-reputed regulated brokers.
Why trade with Wealth Matrix?
According to user reviews, Wealth Matrix appears to be one of the most reliable trading robots in the industry. There are several advantages of this trading software in comparison to other trading robots.
A high claimed profitability
Wealth Matrix reports that there is no limit to profitability and some users have made thousands of dollars in one trading day. However, though the robot is entirely automatic, the team states that every user has to follow the signals carefully and act fast on the predictions made by the software. The majority of user testimonials, which appear to be genuine and from real people, report having made significant profits through the AI Matrix Pro Software.
We have read many testimonials and reviews from users who have used Wealth Matrix AI software and the majority claim to have had a positive trading experience. According to these reviews, it seems that Wealth Matrix can be trusted. It is important to mention that in this industry, a company with positive feedback from users indicates that they have the necessary knowledge in providing accurate trading software and reliable business structure.
Secure and safe trading platform
Wealth Matrix takes pride in its data and privacy protection policy. Indeed, with the increasing threat of cyber-attacks across the globe, it is an essential factor when choosing a trading robot. While other trading robots cannot protect users’ data and funds, Wealth Matrix is SSL secured and applies protection features such as NortonSecured, VeriSignSecured, and McAffeSecured. Furthermore, users report that the withdrawal process is reliable and that Wealth Matrix offers a responsive support team.
Excellent customer support
Our review reveals that this Wealth Matrix responds immediately to customers’ queries. Users can contact the Wealth Matrix team via submitting a ticket form on the official website as well as through the customer support team of the assigned broker. Most of the reviews indicate that Wealth Matrix has a responsive and helpful support team.
*Remember all trading risks and you shouldn’t risk more then you can afford to lose.
Getting started with Wealth Matrix
Before we delve into the account creation process, you should be aware that Wealth Matrix is not yet available in all countries, hence, you will have to check if the robot offers its services in your country of residence. If the robot is available in your country, simply follow the steps to open a free trading account and start trading.
Step One: Registration
First, go to the Wealth Matrix official website and fill in your personal details in the sign-up form. The robot requires you to submit your first and last name, and your email address. Then, you will have to create a password and submit your phone number and click the register now button. On the next, simply click on the Start Trading button and you will be redirected to a regulated broker in your country.
Step Two: Get connected to a regulated broker
Now, that you have completed the sign-up process, Wealth Matrix redirects you to one of its partner regulated broker. The robot broker is allowed to collect and investors’ deposits, and ensure that clients’ funds are safe. Unlike other trading robots in the market, Wealth Matrix enables you to trade on a demo account to practice your skills before you risk real money.
Step Three: Deposit funds
Now that you are familiar with the platform, it’s time to deposit funds and start trading. We remind you that Wealth Matrix maintains a minimum deposit requirement of $250 and we suggest that you start with the minimum requirement. The assigned may require you to submit additional documentation that verifies your identity. As you can see in the image below, the robot allows you to deposit funds via debit and credit cards, as well as bitcoin.
Step Four: Live trading
Once the funds have been transferred into your account, you can turn on the software and start trading. Different from other trading robots, Wealth Matrix offers an array of financial instruments including cryptocurrencies, stocks, fiat currencies, commodities, and indices.
We recommend that you let the robot work for around eight hours per day and monitor the account for 20 minutes per day. Remember, the cryptocurrency market is open 24/7.
Is Wealth Matrix Legit? The verdict!
From this review, we can confidently state that Wealth Matrix is a legitimate trading robot. This robot has a high claimed accuracy rate and allegedly is able to generate consistent profit through its innovative 8 high-end pattern recognition algorithm. The majority of users report that Wealth Matrix’s software performs well and the company offers a solid customer support service and a reliable withdrawal process. Yet, we must inform you that all investment opportunities carry a certain risk and you should only trade with a capital you can afford to lose.
Is Wealth Matrix legit or a scam?
Wealth Matrix is not a scam trading robot. Following this review, it appears that Wealth Matrix is legit and works in transparency.
Do I need to have a trading experience and skills to start trading with Wealth Matrix?
No, Wealth Matrix reports that the software was designed to be as easy as possible to use. As a result, anyone can use this software without having a previous trading experience.
How much should I deposit with Wealth Matrix?
Wealth Matrix has a minimum deposit requirement of $250. We suggest that start with $250.
Can I withdraw my profits from Wealth Matrix?
Yes. Users claim that the withdrawal process takes 24-48 hours as maximum.