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.

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.

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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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RISK DISCLOSURE

Trading binary options may not be suitable for everyone and may also not be legal in your jurisdiction,make sure you are aware of the risks involved as there could be total loss of capital. Don’t trade with money you cannot afford to lose. Binary Options is prohibited by the ESMA. BestBinaryOptionsWatch.com cannot be held liable for any damage resulting from use of information on this website. The FTC Required Affiliate Disclosure: BestBinaryOptionsWatch.com is a professional review site that is independently owned and as such, opinions expressed here are our own. We receive compensation from companies whose products we review. However our professionals test each products thoroughly and recommend the best.

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