Libra Method Review – Analyzing the Legit Trading App
Over the last several years, a slew of trading platforms and bots have popped up. Some of them are also frauds. As a result, it’s critical to devote some time to investigating these platforms before embarking on your investing path.
Many people have asked if the Libra Method is a sham. Here’s a more in-depth look at the trade bot. We’ll go through its claims of validity, unique characteristics, how to utilize it to earn money by trading cryptos, and user reviews. Before getting started, have a look at this.
What exactly is the Libra Method Auto Trading Robot?
The Libra Method is a cryptocurrency trading platform that claims to be among the world’s best automated trading tools. According to the website that sells the Libra Method programme, the bot enables investors to earn up to €2250 in a day.
According to the bot’s official website, the programme uses a trading strategy that is the most sophisticated and places trades that are risk-free. We take a close look at the platform in this article. read on the menu libra method review to find out more about whether you should join the Libra method and use its trading tool.
Libra Method Trading Software’s Unique Features
The website providing the Libra Method, like all other trade bots, touts certain unique qualities of the bot to entice individuals to put money into it.
The bot’s key distinguishing trait that the portal uses to determine its originality is its global availability. According to the website, you may use the bot at any time without having to install it on your computer, except if you don’t want it.
Virtually all automated trade bots these days offer online connectivity. As a result, the bot’s internet accessibility alone is insufficient to justify its investment.
The Libra Method, in contrast to other automated trade bots, enables you to download the application directly to your computer. That is definitely a one-of-a-kind attribute that we haven’t seen in any other bot.
However, we do not believe this is the case. Because the website always gives us an error when we try to download it. Perhaps it’s because we didn’t put any money into the trading account. We do, however, have serious doubts regarding the legitimacy of the bot’s advertised feature.
Simple Libra Method Account Creation
The Libra Method trading app suggests that creating an account on the platform is simple and quick. To get started, all you have to do is fill out the sign up form on the portal and deposit money into your account. Your account can be set up.
Deposit Requirement Is Minimal
The bot is only accessible on making an initial deposit of €250, according to the website’s literature. Other automated trading apps, according to the website, require bigger amounts. That, however, is not the case. For the same price, you can get a lot more auto trading programmes.
Verification Within Minutes
According to the Libra Method, it has a rapid verification procedure. Customers do not need to wait for days for their accounts to be validated, according to the company, unlike other trading platforms.
The procedure is fairly straightforward, just as making unrestricted deposits in the account while your account is validated on the spot on the Libra Method platform. The website that sells the Libra Method app appears to be unconcerned about its clients’ account verification. Because all they want to do is take your money and flee.
Demo Account setup process
A demo account is required for any site that offers an automated trading bot. The Libra Method’s website touts it amongst its distinguishing characteristics. Investors get the essential degree of assurance by testing numerous strategies covering trading and money management, with virtual money in a demo account, according to the website.
They can also learn about market behavior by experimenting with various trends, indicators and investing tools.
To a degree, this is correct, however demo accounts do not reflect real-world market circumstances. Other aspects of a live trading account, such as leverage trades, spread bargaining, slippage rate, and market flaws, may differ from those of a demo account.
Various Deposit Options
The website prides itself on providing a variety of withdrawal and deposit options. The Libra Method platform allows you to pay using a credit or debit card. E-wallets are also accepted as a form of payment.
The Libra Method supports direct bank transfers and fiat currency deposits in addition to the regular methods. Apart from several deposit options, there isn’t much on the platform that we can comment on.
Withdrawals Processed Quickly
The website of the Libra Method claims to provide a rapid money withdrawal service. According to the portal, you may have your cash withdrawn in less than 24 hours after submitting a withdrawal request.
On the other hand, the website fails to mention the volume of trading requirements that must be met before you may withdraw your funds. We’re confident that on completing the specified trading volume, you’ll have very little money left in your trading account to withdraw.
According to the website, the automated trading software is among the most user-friendly programmes available. The bot is as easy to operate as pressing the play button, according to the bot’s website.
The bot’s operation handbook is included with the sign up. Upon having available funds in your trading account, the website shares the bot’s optimal trading parameters with you on request. We are convinced that the assertion is true. The bot, however, operates in the same manner as other fraudulent auto trade bots. That is the reason we are hesitant to give it a positive review.
In terms of customer service, the libra trade has the most inefficient customer service departments we’ve ever seen. Although the bot’s website appears to be sophisticated, there is no information about contacting or getting in touch with the company’s personnel.
The website does not include a phone number or a chat help window. In your moment of need, it’s possible that you won’t be able to locate the relevant personnel on the internet to assist you.
How Does Libra Method Work and What are its Functions?
The Libra Method trading programme, as per the bot’s official website, integrates with different brokers across the world. It connects investors to the linked brokers to share information and execute trade via the sophisticated API functionality.
The brokers stay on standby once the bot begins searching the market. The bot produces a request for immediate trade execution whenever an acceptable trading opportunity arises. To remain most lucrative, the bot guarantees that it attends even modest trade opportunities.
How can I start making profitable trades using the Libra Method app?
It’s simple to get started with the Libra Method app. There are simply a few actions to take, which are outlined here.
- By clicking on the signup form on this website, you can officially register on the Libra Method app.
- Fill in your information on the bot’s home page’s registration form, including your complete name, email address, and phone number.
- To access the member’s area, click the fast access button. You may be required to verify your identification in order to log into the member’s site by clicking the link in your email.
- Select the payment method you’d like to use to fund your account.
- Fill in the amount you’d like to put in the box below. A minimum deposit of €250 is required.
- If you’ve chosen cards as your preferred mode of payment, you’ll need to input information such as the cardholder’s name, the card’s expiration date, and the security code on the reverse of the card.
- To finish the payment process, click next. Don’t forget to check the box to confirm your consent to the terms and conditions that apply.
- Log out of your account and sign back in, then go to the main screen of your account to see if your account balance is shown.
- Take a picture of your account and send it to the bot’s website.
- Request that they share the bot’s suggested settings with you.
Is the Libra Method a trustworthy trade bot?
We’d like to share some information with you before we answer the question. The Libra Method is similar to other scam auto trade bots in that it operates in the same way. It collaborates with a number of brokers throughout the world and offers an auto trading option for a €250 minimum deposit.
The bot’s origins or the people who created it aren’t mentioned on the website. The content on the website selling libra trade appears to have been taken from other websites because the website talks about a separate auto trading programme called bitcoin revolution instead of the Libra Method on several portions of the homepage.
The auto trading software is also available across several domains, allowing you to sign up for the same service on numerous websites. Given all of these possibilities, we have a strong suspicion that the bot isn’t real.
Is it possible to make €2250 in 24 hours with the Libra Method?
First and foremost, let us state that the Libra Method is not the only bot that makes such promises. Many other auto trading applications have made similar claims. You should be aware that the liquidity levels in crypto markets are greater. Market conditions are also becoming more unclear due to rising volatility levels.
In such rapidly shifting business conditions, ensuring exorbitant profits cannot be considered a prudent claim. Second, the bot always trades in accordance with market circumstances that have been predetermined.
What can you anticipate from it when the market starts going in an unexpected way, given that it’s merely a bot without human intelligence?
Are Testimonials for the Libra Method Genuine?
Quora is a question-and-answer website based in the United States. For the people, the site also functions as a location for social networking. While searching for useful information regarding the Libra Method app on Quora, we discovered that no information about the Libra Method is available. People had, however, raised concerns about the validity of numerous auto trade bots.
Many bad evaluations on the use of all such auto trading applications were included in the responses to those inquiries. The majority of Quora users believe that these auto trading applications are useless.
All scam auto trade bots have one goal: to defraud. One Quora user asked, “If bots can make millions, why aren’t the ones who sell them using them for good?”
The Libra Method app is also not mentioned on Reddit. However, numerous additional auto trading programmes that appear to be comparable to the Libra Method were discussed. As a result, we reviewed some of the user feedback.
Traders appeared to be dissatisfied with the performance of auto trading applications in general. Some Reddit users believe that consumers should explore other trading choices, such as registering an account with a licensed site like etoro.
In a nutshell, all auto trade bots follow the same reasoning. For trade placement, they all rely on historical data. When the market starts acting badly, a bot can’t make a sensible judgment since it lacks human intellect. As a result, manual trading or using a social trading platform where you may imitate the trades of other skilled traders to learn from their mistakes is preferable.
Has the Libra Method ever been featured on television?
As a result, claiming to have been on television has become a trend among these so-called fraudulent auto trade bots. Every other auto trading app claims to have been featured on television. Some even take the names of popular shows like This Morning, Shark Tank, and Dragon’s Den, among others.
So far, we’ve looked at a lot of bots that claimed to have been shown on national television. None of them, however, could establish their identity. The Libra Method also attempted to mislead people by promoting its presumptive presence on television. The Libra Method and other auto trading algorithms have named various shows for bogus TV endorsement, which are listed below. Let’s look at some additional specifics below.
This Morning is a popular British television show. Because of the huge response from its fans, the show has been broadcasting for the last 30 years. It is quite popular among individuals of all ages. Music and art, kitchen and food, fashion and showbiz, technology, art, entertainment, and money are among the segments included on the show.
Interviews with well-known television personalities are occasionally featured on the show. The program’s hosts denied the existence of any such auto trade bot on this morning’s platform in response to an inquiry about whether the Libra Method had ever been on the show.
Shark Tank, America’s most popular business reality show, has been cited multiple times for falsely promoting Libra Method. The format of the shark tank TV show may have influenced the bot’s decision to claim a TV appearance. The sharks in the shark tank are multi billionaire investors from the United States.
The show gives the competitors, who are mostly aspiring entrepreneurs, three minutes to come up with a novel company concept and pitch it to the show’s investors. Regardless, the report of Libra Method’s debut on TV was confirmed as fabricated after confirmation from the show’s concerned sources.
In the United Kingdom, Dragon’s Den is the most popular corporate reality programme. The format of the show is identical to that of a shark tank. The show’s multimillionaire investors are looking for entrepreneurs to pitch their company ideas.
On the platform of the dragon’s cave, the Libra Method claimed its approval. The show’s hosts, on the other hand, refuted such claims, stating that they had never advocated any auto trading programme.
Is the Libra Method supported by celebrities?
The incorrect advertising of auto trading applications is frequently blamed on celebrities. This time, Libra Method claimed to have contacts to TV personalities including Mark Cuban, Bill Gates, the Winklevoss Twins, Holly Willoughby, Richard Branson, Piers Morgan, and others. Continue reading to find out what each celebrity had to say about the Libra Method’s support.
Microsoft Inc.’s founder has been recognised as a supporter of the Libra Method app. We, too, went online to see whether there was any material that may back up the claim. However, there was nothing on the internet that may have proven that Bill Gates valued his investment in the Libra Method software.
When it comes to the endorsement news of auto trade bots and crypto trading, Piers Morgan is a household name. Morgan has been listed numerous times by the bogus auto trading programme as having not only sponsored but also invested in the Libra Method. During an interview with our team, the well-known actor denied any involvement with the ostensibly profit-generating programme. He stated that he would never rate any of the trading applications.
Richard Branson, the English entrepreneur and founder of the Virgin Business network, has also been used as a fake reference for the Libra Method app’s advertising. The famed business entrepreneur, on the other hand, immediately denied endorsing the Libra Method. He went on to say that he doesn’t mind if bots exploit his name to promote their products. He has stated unequivocally that he does not recommend investing in any of the auto trading apps and that users should avoid doing so.
Pros & Cons of Libra Method
What We Like About Libra Method
- The Libra Method is available for download. You may either use it online or have it installed on your computer.
- Free personal account manager
- The Libra Method’s account verification process is rapid.
- It has two functions: you may trade manually or have the bot trade for you.
- The Libra Method is so simple to use that even a beginner trader can master it.
- It has a variety of deposit and withdrawal options.
What We Don’t Like About Libra Method
- The Libra Method is a decentralized trading app, a custom-built non-regulated programme with no protection for its users’ money.
- It does not provide you the option of choosing your own broker.
- You are unable to choose your own broker.
- It has a bad customer service department.
- The Libra Method claims to deliver exorbitant returns, which appear to be an attempt to mislead individuals because the returns sound implausible.
Conclusion – Libra Method
Following a thorough examination of the Libra Method, we have come to the conclusion that users should not purchase the programme. There are several causes for our dissatisfaction with the bot. First and foremost, the trading robots and its origin is unknown. There is no information on who invented it or when it was invented. Furthermore, the material on the Libra Method’s homepage refers to another auto trading programme rather than the Libra Method, giving the appearance that the information was lifted from someplace else.
Second, the bot follows the same pattern as other phony automated trading programmes. The platform requires a €250 deposit and then directs you to one of its linked broker’s websites for money deposits, rather than allowing you to pick your own broker. The bot also provides poor customer service, causing us to have an unfavorable impression of it. We recommend that consumers invest with a licensed trading platform like eToro rather than squandering their money by promoting fraudulent auto trading software.