CentoBot Review: Scam Or Legit Crypto Trading Robot
CentoBot review is mainly for those who want to know more about this trading software.
Try not to skip because, you will not find detailed information on their website, which we discussed below. So, we put all the information in one place so that you can easily find and make a decision before investing money.
Moreover, CentoBot claims itself a cryptocurrency trading robot that helps investors to earn more than their expectation. But, it is important to find out whether CentoBot is legit or scam trading software.
Similar to the BinBOt Pro, the trading bot offers binary options on Cryptocurrency and Forex pairs. The company established in 2017 with a limited number of trading assets and brokers.
Currently, they are working with three different well-known brokers. Let’s reveal more about CentoBot to know why this trading bot is popular among all traders
CentoBot Review: What Is CentoBot?
Centobot is a cryptocurrency robot which established in 2017. This automated trading software offers binary trading on Cryptocurrency and Forex.
Apart from the broker, you will get multiple robots that will trade on behalf of you.
Moreover, traders can trade the most popular cryptocurrency via this automated crypto trading software.
You can choose one depending on your trading strategies. CentoBot has partnered with three different brokers. These are BinaryCent, VideForex, and RaceOption.
We will discuss the registration process, indicators later in this review. Unfortunately, Centobot does not provide any services on the US territory.
On the other hand, trading is not licensed and regulated. Moreover, in the “Awards” section, you will see that they received an award for the best robot for the binary options in 2016.
However, from other resources, we have found that the robot established in 2017. So, it is a bit confusing.
CentoBot Review: Why Choose CentoBot?
There are some unique features available that are offered by CentoBot. These features are the main reasons why people can’t overlook trading with CentoBot.
- Demo account facility
- The profit rate of 297%
- Minimum deposit $250
- Minimum investment $0.1
- Maximum returns 95%
- User-friendly robot trading platform
- Dedicated customer support team
- Web-based trading platform
- Award-winning a trading robot
- The registration process is easy
- Popular Forex and Crypto assets
- Customize your robot
- More than 15 deposit methods
- No Mobile Trading facility
CentoBot Signup And Login
The registration process is quite simple and time-consuming. Moreover, you don’t need to put a lot of information about you.
So, please, follow the below steps to open an account with CentoBot.
Click the “Sign Up” or “Registration” button to open the form where you will put all of your personal information.
Enter your first name, last name, contact, account currency, e-mail address, and password to fill the form. Then, choose your broker from the given list.
Click the checkbox to agree with the disclaimer and also confirm that you are not from US territory.
Lastly, click the “register for free” button to enter into the automated trading platform.
CentoBot Partnered Brokers
As a trader, you can trade with three different trading brokers which offer by CentoBot. Each trading broker is different for its unique features.
Let’s dig into it.
BinaryCent is an online trading platform which was founded in the year 2016. It is managed by Cent Project Ltd. which is a subsidiary of Finance Group Corp.
The company is based in Vanuatu where their head office is located in Transpacific Haus, Lini Highway, Vanuatu.
BinaryCent is regulated by the Vanuatu Financial Services Commission (VFSC).
BinaryCent is a broker that offers Forex, CFD, and Options. Apart from these trading classes, this broker offers more than 15 Cryptocurrencies to trade. You can invest your money and can earn up to 95%.
The minimum deposit amount is $250 whereas you can start a trade from 10 cents. Moreover, you can use 1:100 leverage to maximize your profit.
The minimum withdrawal amount is $50.
The registration process is also simple for traders which will take only 30 sec. To open a demo account, you need to fund your account.
To start trading on BinaryCent, you have to deposit the amount of $250 that we mentioned before. Moreover, you can also choose one or more successful traders to copy.
Some benefits offered by this broker. These are:
- Can withdraw profits within 1 hour
- Wide range of deposit and withdraw methods
- Weekend trading
- 24/7 customer multilingual support
The deposit bonus is available for traders. You will get the bonus on your first deposit and also the percentage of the bonus depends on the deposit amount.
There are 3 types of trading accounts available. These are Bronze, Silver, and Gold.
Each trading account has features which are different from one another.
Videforex is a regulated and leading Forex, CFD, and binary options broker that established in 2017. You will get over 100 trading assets to trade. Moreover, the traders will get return up to 95%.
To make a profit through this broker is quite simple for the options trader. Traders need to determine the price moving direction with the right price prediction.
You can perform trade through any device, even from your mobile. So, both the web platform and mobile platform are available to perform trade.
There are three types of trading accounts; Bronze, Silver, and Gold. Each trading account has some features and trading bonus. The bonus percentage depends on the deposit amount.
More than 100 of trading assets are available to trade. The minimum deposit is $250 and the minimum withdrawal amount is $50.
Apart from the forex and CFDs, you can also use popular cryptocurrencies to fund your account and trade. To enjoy the demo account facility, traders need to fund their account with a minimum amount of money.
Some advantages make this broker different from others:
- Withdrawal processing within 1 hour
- Trading in the weekend
- Wide range of deposit and withdrawal methods
- 24/7 customer multilingual support
As we mentioned before, trading with a mobile device like android and iOS is available. You can stay connected with the global market anytime from anywhere.
The mobile traders will get almost the same advantages that a web trader will get from the broker. You can deposit and withdraw your fund via mobile app.
UK based broker RaceOption is a regulated broker for Forex and CFD. They have started their operation in 2014.
The return percentage of this broker is 90%. Remember, to make a profit from the financial market, you have to predict the asset price correctly.
To open an account, please fill the form with your name, e-mail, password, contact number, and select the currency type. Registration will take less than a minute.
The broker also offers trading bonus depends on the deposit amount. The bonus percentage starts at 20%.
More than 100 of assets are available for trading via web-platform and mobile platform.
As a trader, you will get some benefits from RaceOption:
- Withdrawal processing within 1 hour
- Trading in the weekend
- Wide range of deposit and withdrawal methods
- 24/7 customer multilingual support
There are three types of trading accounts available for traders. These are Bronze, Silver, and Gold. After opening the trading platform, you will find a list of trading assets.
After selecting the assets, you have to select the right chart type to analyze the market price.
CentoBot Top Robots
Centobot has some top robots that help traders to earn profit from the most volatile market. After opening the trading dashboard, you will find a complete list of robots.
To unlock each robot, you have to fund your trading account.
Apart from names, you will also find ALGO level, income, and minimum deposit amount.
We will give an overview of each robot below in this article.
CentoBot Settings And Trading Platform
CentoBot is an automated cryptocurrency software. You can select a bot from the given list by clicking on the name of the robot.
The list will appear on the left side of the trading dashboard. On the other hand, you can select the robot based on the desired level of income.
On the other hand, you will also get a short description of each robot along with its profit percentage.
However, a trader will be able to open the full functional trading bot after funding the bot.
You can also create a robot from scratch. To build or create a bot, traders need to choose currencies and technical indicators.
How To Create A Robot
To create a bot you have to follow some easy steps. Click the button “Create My Robot” and start following the below steps:
First, choose a name for your robot. Try to select a name which is easy to remember.
Select trade-able asset’s pairs by clicking on the empty box. You will get an approximate 21 asset pair including Forex and Cryptocurrency.
You can select whether one pair or can select all for creating a trading robot.
Adjust the level of buy and sell slider that you have selected. The slider level is free to move to any side
A list of indicators is there that you will find in the dashboard. There are almost 6 indicators available and from these, you have to choose at least three.
Apart from the indicators, you have to select the time period for the indicators to run. The time period starts from 5 min to 30 min.
Lastly, you can make your robot public by clicking the “Public” button. Recheck the full settings and save it.
From the dashboard, you can see your current balance after funding your account or after investing for a trade. Run the robot by clicking the “Start” button.
“Add Balance” button will redirect you to a selected broker page for funding amount in your trading account.
Finally, you will find a Balance chart; from where you can see your balance with time.
CentoBot Trading Indicators
There are six indicators available on CentoBot. These technical indicators help robots to take decision based on the pattern and indicators.
CentoBot Demo Trading
CentoBot trading robot offers a demo account for traders. The demo account will help traders to know how the bots work. Unfortunately, you can run the bot only for one minute.
Moreover, traders can run the demo robot on top 10 trading robots. For that just select the robot and click on “Robot Demo”.
The initial virtual amount is $1000. After finishing the trade, you can see your final balance in the currency balance section.
Surprisingly, the demo test always ended up with profits. However, the demo trading situation is completely different from the normal financial situation.
In the trading dashboard, you will find more than 20 trading assets including Forex pairs and Cryptocurrencies. CentoBot offers major Forex pairs and popular cryptocurrencies which are paired with Forex.
From this list, you can whether select one pairs or all of them to run the robot functionality.
Trading App: Mobile Trading
Currently, there is no mobile trading app for CentoBot trading robot. The robot only offers a web-based platform with Forex and digital currency pairs.
You have to trade by sitting in front of your laptop.
However, including BINARYCENT brokers, other brokers offer mobile trading for traders. So, you can download the app on your mobile device.
The application is available for the both Google Play Store and iOS store.
CentoBot Deposit And Withdrawal Process
To run the bot, traders need to deposit a minimum amount of money.
As per the bot’s requirement, the minimum deposit amount is $250. However, sometimes the amount depends on the trader’s region.
You can use your Credit Card, Bitcoin, Ethereum, Litecoin, and 15+ other Altcoins to fund your account. According to each broker, you will get the deposit bonus based on your funding amount.
The bonus starts from 20% to 100%.
Moreover, deposit your account via Bitcoin will help you to get a 5% bonus.
Transfer funds via Visa and Mastercard, traders need to pay a 5% transfer fee.
Other methods of funding time are instant. Note that funding time may be delayed during weekends and public holidays.
Before withdrawing your amount, the broker will request you to submit your proof of identity and valid address.
Based on the type of trading accounts, withdrawal fees will be applied.
You can use the same methods that you have done during deposit time. They charge a 5% transfer fee on credit card transactions.
To communicate with their support team, you can use the live chat. You will get an instant reply from them.
On the other hand, you can also communicate with the support team through an e-mail. The team will get back to you soon when they are online.
The software is available in 8 different languages.
Advantages And Disadvantages
CentoBot has some advantages and disadvantages. You will find many online robots that will help you to make your trade automated.
CentoBot is the most accessible online Crypto and Forex trading software currently in the market, among all those.
Apart from the advantages, you will find a few disadvantages which we mentioned below.
- A huge range of cryptocurrency to trade
- Various funding methods
- Trading bonus up to 100%
- Multiple robots to choose
- 6 trading indicators which are popular
- Trading awards is a bit confusing for traders.
- Lack of transparency
Is CentoBot Legit Or Scam?
CentoBot is a brand-new trading robot which started their business form 2017. On the other hand, you found a problem while we were checking their awards section.
After researching, we found that the trading software is legit and a good choice for all types of investors.
However, we found a problem regarding their award which they received in 2016.
The most interesting part is that, similar to the binary.com auto trading robot, you can create your bot by using at least three trading indicators.
Lastly, the CentoBot is a good option to invest your money. So, you can explore the financial market with the help of this legit trading software.
Centobot Automated Trading Software Scam Or Real Deal? (Review)
Centobot is an automated Cryptocurrency trading app. It has been in the financial market since February 2017. Centobot trades cryptocurrencies in the shorter expiry times. Therefore, is Centobot a legit auto trader? Can you really make money with Centobot Robot? Therefore, read this detailed Centobot Scam Review to know the truth.
CentoBot scam review is for the most part for the individuals who need to find out about this trading software. Therefore, try not to skip since you won’t discover nitty gritty data on their site which we talked about underneath. Along these lines, we put all the data in a single spot. Along these lines, you can without much of a stretch find and settle on a choice before contributing cash. CentoBot scam review claims itself a cryptocurrency trading robot that causes financial specialists to procure more than their desire. In any case, it is critical to see if CentoBot scam or genuine trading software.
Centobot Automated Trading Software Review
Centobot is a cryptocurrency robot which set up in February 2017. This automated software offers binary options on Cryptocurrency and Forex. Therefore, you will get numerous robots that will exchange automatically. In addition, merchants can exchange the most well-known cryptocurrency by means of this automated crypto trading software. You can pick one relying upon your trading techniques. CentoBot review software has collaborated with three unique brokers. These are BinaryCent, VideForex, and RaceOption. We will talk about the enrollment procedure, markers later in this review.
Centobot Review Robots
Every robot will offer its own success rates and uses a special arrangement of calculations to create the most ideal outcomes:
- The NeuroScanner utilizes its very own calculations which are said to be the best accessible. It rushes to respond to any market development. In reality, Centobot crypto app claims that it can process 20,000,000 exchanges in seconds.
- The Bladerunner dissects candles and the development of costs around the candle. This enables it to precisely anticipate a value change.
- Centobot software has a robot called RVI and MA which will take a gander at either nine periods or sixteen. It works by checking the RVI; when this it is moving in the right heading it will alarm you when the SMA crosses this line. The primary cross demonstrates the beginning of the exchange; the second the end.
- Bolly Band Bounce is the Centobot crypto app robot which will screen the Bollinger bands and find the correct point at a cost inversion; possibly producing huge benefits.
- Strong US V2 centers around unexpected value changes and the potential income accessible if trading against the stream. In spite of the fact that this can be unsafe, it can likewise be exceptionally worthwhile.
- The HP Cycles is a Centobot automated trading software robot which spotlights on swapping rate changes and transient value alterations.
- The Strong ADX v.2 is just valuable when the market is slanting one way. It can recognize the ADM and EMA intersection focuses to make a gainful exchange.
The Centobot Robot Platform
In the wake of enlisting for a free Centobot account, traders will access the stage and have the option to browse a rundown of top ten robots. There are 10 robots with different strategies and success rate. Traders can choose any robot according to their investment amount.
Every robot accompanies its own depiction which clarifies the trading procedure utilized and the benefit rate payout. The most astounding positioning robot right now in the lead position on the Centobot stage is the RSIMA Cross which requires a base store of $3000 yet guarantees a payout of 303%.
As a trader, you can trade with three diverse trading brokers which offer by CentoBot review. Each trading intermediary is distinctive for its extraordinary highlights.
It is a web-based trading broker which was established in the year 2016. It is overseen by Cent Project Ltd. which is an auxiliary of Finance Group Corp. The organization is situated in Vanuatu where their head office is situated in Transpacific Haus, Lini Highway, Vanuatu.
BinaryCent is controlled by the Vanuatu Financial Services Commission (VFSC). BinaryCent Broker offers Forex, CFD, and Options. Aside from these trading classes, this intermediary offers in excess of 15 Cryptocurrencies to exchange. Therefore, you can contribute your cash and can procure up to 95%. The base store sum is $250 while you can begin an exchange from 10 pennies. Besides, you can utilize 1:100 leverage to expand your benefit. The base withdrawal sum is $50. The enlistment procedure is additionally straightforward for merchants which will take just 30 sec. to open a demo account, you have to deposit your account.
Frequently Asked Questions [FAQ]
What is Centobot automated trading software?
One of our most cherished element of Centobot crypto app is the complete customization choice. Therefore, it enables speculators from all spaces to contribute to and benefit from the software. With everything taken into account, we can call Centobot automated trading software genuine and a generally excellent speculation choice.
How Does It work?
It’s very simple, just choose a robot according to your investment amount. Deposit via cryptocurrency wallet to your broker account. Therefore, just turn on the robot & allow the robot to place a trade for you. See your account balance grow.
Is it Safe to Use?
There is no Scam. In reality, Centobot crypto app is a genuine cryptocurrency trading software.
Where you can Get?
To start with, you need to visit the site underneath and register and deposit. From that point onward, you can access inside five minutes.
There is no doubt that binary options trading has become one of the most popular ways of generating an income; regardless of where you are in the world. The ease of access to this market has allowed traders from all backgrounds to take advantage of this method of generating an income. However, with these traders comes a lack of knowledge and this has led to a massive increase in the number of automated trading systems in existence. Centobot is one of these.
Centobot Automated Trading System Explained
This is one of the latest products to arrive on the binary options scene and allows you to trade completely autonomously. It also offers the benefit of being web based; thereby avoiding the need to download software or update it periodically. In fact, the Centobot automated trading software is cleverly designed to provide a range of different robots according to your trading preferences and the level of funds you would like to deposit.
Centobot Trading Robots
Each robot will offer its own return rates and uses a unique set of algorithms to produce the best possible results:
- The NeuroScanner uses its own algorithms which is said to be the best available. It is exceptionally quick to react to any market movement. In fact, Centobot claim that it can process any as 20,000,000 transactions; you will need a three core computer processor to deal with this robot!
- The Bladerunner is designed to analyze candlesticks and the movement of prices around the candle. This allows it to accurately predict a price change.
- Centobot has a robot called RVI and MA which will look at either nine periods or sixteen. It works by monitoring the RVI; when this it is moving in the correct direction it will alert you when the SMA crosses this line. The first cross indicates the start of the trade; the second the end.
- Bolly Band Bounce is the Centobot robot which will monitor the Bollinger bands and locate the right point for a price reversal; potentially generating large profits.
- Strong US V2 focuses on sudden price changes and the potential earnings available if trading against the flow. Although this can be risky it can also be very lucrative.
- The HP Cycles is a Centobot automated trading software robot which focuses on exchange rate changes and short term price adjustments. This will show when the right combination of static exchange rate combines with regressive kernels and positive high pass filters; creating the perfect opportunity to trade.
- The Strong ADX v.2 is only useful when the market is trending in one direction. IT can identify the ADM and EMA crossing points to create a profitable trade.
There are also two ready to use Centobot automated trading software robots; although there are deposit restrictions.
- With at least $1,000 you can access the Rising East robot. This Centobot product simply analyzes the price movements in the Asian markets. When a positive movement occurs a trade will automatically be placed.
- The $3,000 minimum deposit option is known as the xProfit. It is closely linked to the CCI and the SRSI. These signals will tell this Centobot robot when to open and close a trade in order to benefit from a change in the direction of asset prices.
Using the Centobot Automated Trading Software
This system is well designed with the minimal level of controls. It is exceptionally easy to register with Centobot and create your account. You will then be able to access just enough controls to establish the robots for you. These products will run completely autonomously and can react in real time to the market movements. It is for this reason it has become one of the most popular products currently available.
CentoBot – review and feedback about the robot for options and crypto currency
Overview of known robots for automatic trading of crypto-currencies: CentoBot
Analyzing existing trading platforms that allow you to earn money on international financial markets using traditional tools (currency pairs, shares of enterprises, crypto-currencies, contracts for raising / lowering prices, etc.), there are increasing opinions that these brokers – these are semi-fraudulent schemes that exist at the expense of traders. The most popular of them are primitive financial pyramids, when new traders pay for the “profits” of old traders, while leaving decent interest to the creators of this online site.
Of course, every opinion has the right to exist, but it is impossible to work under the above scheme for five to ten years, almost every student of the third or third year of any higher economic institution in our country that has existed for more than twenty years will confirm this. But even if such phenomena occur (one should not forget that there can always be exceptions in any rule), the purpose of this review is not to prove or disprove this, but its main task is to show how such robots of automatic trading of crypto-currencies function as CentoBot or similar to them.
What is an automatic robot trading CentoBot
Many readers who are not familiar with the algorithms of trading crypto-currencies, hearing about the robots created for these purposes, immediately recall the mechanical creations from popular science fiction films (for example, the robot Werther from “Guest from the Future”, well remembered by those whose childhood and youth passed in the days of the USSR, or characters from the “Star Wars”). In fact, in this case, we mean a special software product. But if you need to implement and connect a program that will work in the Forex market, you do not need much time and knowledge to do similar tasks with crypto-monets, then experienced traders often cause such questions and distrust in experienced traders.
So what can the CentoBot application give to users and should it be trusted to this bot automatic trading of crypto-currencies?
The service was launched in the corresponding market (crypto currency) in 2017, and at the moment it works with only one broker BINARYCENT (although on the official page one can find information that the robot maintains business relations with many well-known brokers, which should even alarm beginning traders).
No licenses, permits, as well as an official regulator, this resource does not exist. In the “Awards” section, potential users can see the mention as the best robot of binary options in 2016 (sorry, but what about the information that can be found on any resource that the crypto robot was registered in 2017?). It is also not clear who and when the bot awarded this “title”.
Also alarming are the percentages of profits that can be earned by registering on the CentoBot login: 120,150 and even 300%. Despite the relatively long period of the site, there are practically no real comments about it (only advertising reviews, which say that it is a reliable resource that allows you to earn using ready-made bots or by customizing your own robot).
Summing up the preliminary results on the activities of the company and its robots, we can say that the information that is provided at the moment on the web resource or advertising reviews does not inspire much confidence, showing CentoBot as “too” reliable and profitable bot. Increase investment three times, during the day – a promise that looks too implausible, even for traders who love fabulous stories.
An experienced trader who opened a demo account on CentoBot, will be surprised by the indicators that he can count on, planning to work using the presented robot. As already mentioned, for the user of the resource, the daily profit of 200, and sometimes 300%, is quite real income indicators. But, even these figures, judging by the indicators that the resource promises, are not the limit. Of course, an experienced user, the size of the possible profit, is sure to alert, but many newcomers can succumb to the temptation of rapid enrichment
CentoBot: overview of the main requirements and financial indicators
For a full study of what each review prepared for CentoBot should demonstrate (this applies to any trading platform or bot), it is necessary to pay attention to the following parameters:
● The minimum deposit amount is $ 250 (although on the relevant exchange, $ 10 is indicated).
● The minimum bid is $ 0.1.
● The maximum income is 90% (it is difficult to find an online site or a robot that promises such a high size).
How to replenish an account or withdraw money earned
Considering the fact that this robot works on a crypto exchange, the following cryptonyms are usually used to replenish the account:
● ZCash and others.
For replenishment you can use the appropriate purses or exchanger-sites.
Based on the above data and the feedback provided by CentoBot, the following conclusions can be drawn:
1. The untrue training data and other information presented on the web-resource make you think that this is a common fraudulent scheme.
2. Explicit errors (for example, getting the best bot award in 2016, and creating a resource in 2017 – indicate inattention and low level of training of owners and administration of the resource.
3. Lack of real feedback about the site – another argument is not in favor of the site.
Based on the above information, the conclusion suggests that the company and its robot are a standard fraudulent scheme developed by not very clever resource creators. But on the other hand, the time of the existence of the website and some non-standard approaches in the organization of work may indicate a non-standard approach to attract the attention of traders to their resources. Perhaps it is worth waiting at least six months or a year to fully verify the real intentions of the owners of the company and its bot.
Centobot Review – Multi Bots Unleashed
We ran across a brand new automated cryptocurrency trading system called Centobot. I decided to visit the website to learn more. My first impression was a good one. The site is well designed and it seems quite professional.
But like always, I want to dig deeper to learn more.
So I am going to provide information so you can see if this is the trading robot you would want to use.
So you know, I see that this is one of the few automated crypto trading systems that has many altcoins as well as Bitcoin and Ethereum.
Using the software
The system has the look and feel of some past binary option and Forex robot systems.
The system is browser based, so you do not have to download. Once you create an account, you will choose your crypto broker. As I look closer, at this time, there is only one broker, so you will have to use BinaryCent.
The minimum deposit is $250 and you can use your credit card or any of the cryptocurrencies that the system trades in:
- and others
After your account is funded, you can choose from several robots they have on their system, or you can pick the indicators you like and create your own cryptocurrency robot.
At that point, you just set it to automatic and let the system trade for you.
There is no cost whatsoever for using Centobot. You do have to deposit in the broker account to be able to trade.
So, how does Centobot make money?
They get a commission from the broker for every user that signs up through their robot platform.
I believe Centobot does need to become more customer service oriented… They do offer live chat, but that is all. There are no email addresses, location addresses, phone numbers, etc…
Also, I attempted to ask the chat a question. “Where are you headquartered and who is the ownership?”
The answer was Aberdeen, Scotland for headquarters and I cannot share the ownership was what the representative told me.
- A huge range of cryptocurrencies to trade in
- Many ways to deposit
- Multiple robots to choose from
- 6 indicators to choose from
- Only 1 broker – BinaryCent
- No transparency. Do not know ownership, location, etc…
I actually tried to have a positive outlook towards Centobot, but when I asked further questions of the chat person, he lied to me and said they had been operating for 2 years.
I pointed out to him that through an Icann whois lookup, Centobot was created in February of 2017.
I did like the look and feel, but I must say, be wary. I say this because I pointed out immediately to the person I was writing a review and he still felt a need to lie. If he will lie about something that small… Well.
We will keep an eye on this automated trading system. If you have any information or have used Centobot, please contact us and tell us more.
Centobot Auto Trading Review
Centobot is a brand new fully automated trading software that trades binary options. The system places trades on its members’ behalf, but traders can still retain some control by making use of the indicators to personalise their settings and even create their own robot.
Read the full review to discover all the pros and cons of Centobot
Open an Account with Centobot
Registering for an account with Centobot is a simple and swift process that takes less than 5 minutes. Once an account has been created, traders get access to the trading platform where they can see a list of robots to choose from in a panel on the left of the screen. Here traders also have the option to fund their account to begin trading,
Traders should note that the Centobot software is completely free of charge. However, in order to start trading, they have to make a deposit with a broker connected to the Centobot system. We found that Centobot is currently only linked to one broker, BinaryCent. This is a bit limited since most robots offer their members a choice of several brokers. However, we understand that the system is still getting off the ground and more brokers may be added at a later stage.
Like Centobot, BinaryCent was also launched just recently in 2017. It is licensed and regulated in Vanuatu, meaning that the regulation is somewhat light so traders should exercise caution. However, the minimum deposit with this broker is just $10 while the minimum trade size is an unbelievable $0.10. This is a huge advantage and makes it stand out from most other brokers on the market.
When it comes to account types, trades can choose from 3 types;
- Bronze – the cheapest and most basic and includes a live video chat and withdrawals within 1 hour.
- Silver – comes with a minimum deposit of $100 which is still lower than the industry standard. Also, includes a web master class, a 50% bonus and 3 risk-free trades.
- Gold – comes with a minimum deposit of $300. Includes 100% bonus, a Swiss prepaid card and a personal success manager in addition to all the perks of the cheaper accounts.
Traders may fund their account by credit card (Visa, Mastercard), bitcoin, and e-wallets (Skrill, Neteller).
Centobot Robot Platform
After registering for a free Centobot account, traders will gain access to the platform and be able to choose from a list of top ten robots.
What makes Centobot stand out from its peers is the fact that there are different minimum deposit requirements depending on which robot traders choose.
Each robot comes with its own description which explains the trading strategy employed and the profit percentage payout. The highest-ranking robot currently in first place on the Centobot platform is the RSIMA Cross which requires a minimum deposit of $3000 but promises a payout of 303%.
Traders also have the option to create their own robot by selecting indicators and customising their settings.
Centobot Support Options
Unfortunately, Centobot customer support also left much to be desired. All they provide is an email address ([email protected]) on their page and a generic form which traders can fill out and submit. We are usually accustomed to much more in this area such as phone support or live chat but Centobot provides neither of these which is quite disappointing.
There is also the absence of an FAQ or education section on the website; again, this works against the robot since these sections are generally considered important for traders to understand how the robot works.
The website is available in 8 languages; English, Russian, French, Arabic, Spanish, German, Thai and Chinese.
After testing out the software in demo mode we can say that the robot looks promising, however, there is a lot of room for improvement.
We have requested additional information by emailing customer support and will update this review accordingly when we get a reply.
Robot Review: CentoBot
Today we are going to be discussing and analyzing a new binary options robot, CentoBot. This trading software is advertised as the “ultimate money making machine.” It comes with different strategies and is a fully automated solution for trading binary options.
From what we can see the software is tightly associated with the BinaryCent brokerage, and requires a registration and deposit in order for traders to gain access.
The first thing we have to point out in our review of the CentoBot, is the real lack of information on the sales page. This is something we’ve pointed out in the past, but binary options systems as a whole have gotten better at providing more information. This is still something that needs to be improved vastly in the marketplace, but in this case there is little to no information at all. While the sales page is very clean and impressive, there is really nothing that suggests or proves that the software is is profitable as we would hope an investment would be in this market.
In looking at the CentoBot platform, we can see that there are many different robots that can be picked from. It looks like each robot is aiming to produce profit between hundred and 110-120%, but there’s no way of actually knowing how successful these robots are without any trading statements being made available.
The sales page really only consists of an image showing the platform, a section that tells you the 3 steps required to gain access and a few pictures of awards they’ve won.
Obviously the award section isn’t very important normally, but considering they haven’t given us anything else to go on, we do have to take a closer look at this. At of the 5 awards there are 3 the draw our attention. The iFX Expo Asia Award 2016, Tech Finance Journal Award 2015 and The Best Binary Robot 2016. Considering this robot is seeing its first action today, it doesn’t make sense why they would have been winning awards in 2016 and 2015 when it didn’t exist.
We sent the developers of CentoBot a request for proof of these awards and we are waiting to here back. Obviously, this isn’t a major issue. Many binary options developers and developers in other markets use fake awards to fill the website and make it seem a little more legitimate than it is. That doesn’t mean that the product is going to fail but we didn’t have anything else to discuss, so we decided to make this part of our review.
Please let us know what you think about the CentoBot software and the BinaryCent brokerage. Do you believe that this is a legitimate investment opportunity, or should we wait for greener pastures? At this point in time, we will be giving the robot a 3 star rating out of 5 until we gather more information. Hopefully the developer gets back to us soon and gives us more details on how this robot trades, the strategy that it employs and anything else that will help us provide more information to the binary options community.
Centobot Software Review
Centobot is a brand new binary trading software that has caught the attention of a lot of people in the investments market. While there is a variety of trading automation software to choose from, Centobot has some interesting features that make it stand out from the rest.
Despite only having been released recently (in 2017), many Centobot reviews have lauded the host of features that it offers and the legitimacy of the software. Moreover, as you will read in this review, we have found the software to be incredibly easy to use and ideal for beginners. It is also great for experienced investors who could employ the software as an extremely useful tool to help automate their trading strategies.
What is Centobot?
Centobot, as its name suggests, is perfect for that segment of traders who want to trade for smaller amounts. To this end, Centobot allows traders to make transactions for as little as $ 0.10. At the same time, you can also open an account for just $10.
This is significantly lower than the minimum trading requirement of other bots and makes Centobot ideal for low to mid-level investors. Even if you are a high level investor, you can consider Centobot to automatise your binary trading and earn significant profits.
Features & Functionality
- Authenticity - 98%
- Performance - 94%
- Ease of use - 90%
- Customer service - 93%
- App - 98%
- Profitability - 89%
- Reputation - 96%
- Fast withdrawals - 98%
- Security - 99%
- User testimonials - 92%
Who is Behind Centobot?
The team behind the creation of Centobot is comprised of a combination of Fintech experts, seasoned investors and computer programmers. Their goal was to deliver an award-winning platform that could help investors to automate their trades for faster returns.
The platform offers a number of individual robots, each with their own unique features to support any particular need or strategy that you may have.
Start Trading in 3 easy steps
Registering is easy, you’ll need to fill out your name, email address, phone number and then set a password. Signing up is completely free, click the link below to get started.
Registering is easy, you’ll need to fill out your name, email address, phone number and then set a password. Signing up is completely free, click the link below to get started.
Once you have funded your account, you will need to decide the trade settings you intend to use. This includes managing your risk by determining your stop loss and take profit limits.
Pros & Cons
Simple to use interface
Automated trading strategies
Exposure to cryptocurrencies
Combines traditional currencies with cryptocurrencies
Minimum deposit is required
Repetitive trading strategies in some cases
Is Centobot Legit?
Centobot, to its credit, is one of the easiest online binary trading softwares out there. Since it supports all browsers, it can be used from virtually all devices. We were able to verify that the brokers that the platform employs to gain entry to the trading markets were both reputable and regulated.
The platform boasts a number of robots to choose from, which is unusual and extremely refreshing. This means that you can test each one until you discover the software which suits your needs the most. Centobot is an award-winning company, that uses an expertly developed algorithm to analyse live market-data and place trades based on the information it receives.
What Are The Features of The Centobot Platform?
Centobot offers a great feature of customising your settings, including the ability to create your own bot catered specifically to your trading preferences. For those who understand how this system works, this is a great way to make the most of the market and earn good profits.
Another important benefit of Centobot is that it opens from the browser. All major browsers are supported and can be used to run the software. This is a major advantage as most other binary trading software do not offer this feature. So, you can conduct automatic trading as well as manual trading while you are on the go through your laptop, tablet or even your smartphone.
Centobot offers a 3-tier account system. Obviously, the highest provides the most benefits, but if you are a novice investor, then you can opt for one of the lower tiers in order to test the waters. Here, we have detailed all three tiers and the features that they offer.
The foundation level account: This one nevertheless offers a range of features that you can use. The most prominent of these are the live video chat option and 1-hour withdrawals. We feel that this account to be great for first-time investors who want to know the lay of the land before moving forward.
The middle tier: The silver account is best for those who have some knowledge of how binary trading works and feel confident about using all the features Centobot has to offer. This account type requires a basic deposit of $100 and comes with more features than the bronze account package, such as 3 risk-free trades, webmaster class and bonuses of up to 50%.
For the serious investor: As you would expect, this account type gives you all the features that you could want from an online binary trading bot. This is one is ideal for experienced investors who are comfortable with investing larger amounts into their trades. The basic deposit stands at $300 and comes with other important features such as a Swiss prepaid card, 100% bonuses and a personal success manager to help you along your investment journey.
So, as you can see, Centobot caters to a wide array of individuals and offers some very useful and unique features. If you are someone who is looking for reliable binary trading software, then you can consider Centobot legit and invest through it without worry.
Our Experience Using Centobot
Here is how you should go about using Centobot to increase your trading volumes and stakes. Follow the steps outlined in our Centobot review to get started:
First, you must know that making a Centobot account is free of cost. The $10 we mentioned earlier is just the minimum fee you have to invest with the broker. When you have created the account by providing the relevant information as asked, you can get connected with the broker and get started on the transacting.
Centobot offers a list of well-established, regulated brokers for you to choose from as well as their top 5 bots, each with their own level of minimum deposits and pay out percentage. Naturally, the higher you invest, the greater your potential returns will be. For our trading strategy, we felt that the best bot with the best returns on Centobot is Crypto Majors 1.1. This bot earned us a return of over 300%, which is a very respectable figure indeed.
What Are The Advantages of Centobot?
With Centobot, all you really need is a browser and some spare change on your bank card and you can get to trading. This makes is one of the most accessible online binary trading software's currently on the market. Also, with a dedicated community of developers behind it and more bots being introduced to cater to wider market segments, Centobot is sure to become a favourite in the future.
Centobot facilitates micro trading options and investment paradigms. So, anyone who wants to make a start in this market and would like to understand how things work without staking too much money can do so easily. Since the bot starts at $10, you can really explore before you go straight in.
Centobot offers multiple bots for automatising trading processes and enhancing investments. So, you can choose the level of investment and the consequent pay out you will get. This means that whether you invest large sums or small quantities, you can still get proportionate profits.
Centobot gives users the option to fully customise their bot. This means that you can change your preferences as you like while still enjoying the assured payout percentage. This also means that you can customise your bot to suit any investment market niche you choose to invest in.
How is the Centobot Support System?
Centobot has a dedicated email through which you can contact the company. Currently, the software is available in 8 different languages and more are going to be added in the near future.
When we first began conducting our Centobot review, we realised that this software was great for all types of investors, novices and pros. This belief was only reinforced when we saw the sheer variety of options available. One of our most loved feature in our Centobot review is the unique, total customisation option. This allows investors from all domains to invest and profit from the software based on their specific needs. All in all, we can feel that Centobot is a legitimate product with possibly the best customisation options we have come across. If you want to explore what the software can offer you, go and download it now!
Centobot is a trading solution for retail traders. With retail trading gaining more and more traction around the world, Centobot is the place to go for quick access to the trading world.
The automated currency trading software combines various short and medium-term technical trading strategies that aims to profit from market trends. Essentially a binary options robot, Centobot scans cryptocurrencies and traditional currencies in search of the perfect trading setup.
What is Centobot?
A robot specialized in the binary options market, Centobot works on both the traditional Forex market and the Crypto market. It uses various different technical strategies to find potential entries for put and call options.
One of the attractions of Centobot is that an individual robot executes each trading strategy. Therefore, traders benefit from diversification while Centobot automatically opens new positions as the market fluctuates.
Available in eight languages, Centobot performs on any market. Its trading strategies combine classic technical indicators like RSI and MACD to trade Crypto and traditional fiat currencies.
Features and Functionality of Centobot
- Ease of Use
- Fast Withdrawals
- Customer Service
- User Testimonials
Who is Behind Centobot?
Centobot belongs to three award-winning brokers. As trading goes through their platforms, the founding brokers offer the trading conditions for trade execution.
By developing technical analysis strategies, the brokers eliminated the human factor that often leads to poor trading performance. Using breakout trading strategies as well as trend-following, the robots working under the Centobot umbrella performs best on the three binary options platforms.
Getting Started with Centobot
- Open a Free Account: Provide a few details including your full name, telephone number, email address and password. Also, select the base currency you would like for your account and which of the three brokers you would like to use.
- Make a Deposit: Adding funds to the trading account has never been easier. Just select your preferred secure payment method.
- Start Trading: After adding funds to the trading account, simply use any of the robots available from the main page.
What People Are Saying About Centobot…
“Although I really wanted to get into forex trading, I was a little wary of using a piece of automated software to do it. I am cautious with everything that I do. It was only when I heard of Centobot being an award-winning platform that I decided to take a look, and I’m so so glad that I did!! The site is really easy to navigate, and the staff are always online to answer any questions that I have. Most importantly, it really works. I earn an impressive income now, even when I’m sleeping.. LOL! I’d recommend Centobot to anybody. It’s fun, easy and it WILL make you money.” – Lorella Ricci
Pros & Cons of Centobot
- Simple to use interface
- Automated trading strategies
- Diversification benefits
- Exposure to cryptocurrencies
- Combines traditional currencies with cryptocurrencies
- Easy setup
- Secure funding methods
- Quick withdrawals
- Deposit bonus
- Minimum deposit
- Repetitive trading strategies In some cases
The Centobot website appeals to those who want to learn more about auto-trading. It offers a quick guide into automated trading without being too pushy and has a professional look.
The offering aims to take advantage of most market moves with a simple, yet efficient approach. If you ever wanted to let the robots trade for you, then Centobot offers you this opportunity.
Can I Fund the Account with Bitcoin?
Yes. Anyone with a Bitcoin wallet can use it to fund the Centobot account. The process is simple and takes less than a minute, as we want to make sure you start auto-trading as quick as possible.
What Expiration Dates Use the Robots?
It depends. Some robots trade on lower time frames, like the five-minute or one-minute charts. Thus, the expiration date is short as the options expire quite rapidly. Some other robots use fundamental news or higher timeframes, making it possible to have a different expiration date. We recommend combining more robots, so you receive exposure to various trading strategies.
Centobot Trades Only Cryptocurrencies?
No. Besides cryptocurrencies, Centobot trades the classic Forex market too. The robots “scan” both the Cryptocurrency market and the Forex to find the best trading setup according to each strategy.
Am I Entitled to a Bonus?
Yes. However, make sure you check the bonus policy before opting for it.