CryptoTrader Scam

CryptoTrader Information

Name CryptoTrader
Brand Logo CryptoTrader logo
Website URL
Creation Date July 2017
Fake CEO David Richman
Fake Expected Income $5,000 Per Day
Regulated Brokers red tick scam


Recommended Auto Trading Software


CryptoTrader Details


CryptoTrader is a pretty new scam software, supposedly created by David Richman and released in July 2017, which claims that it can make you earn $5,000 Per Day.

In fact, this is just a new scam software which uses the same scam platform as a lot of other scams on the market. The only difference with the other scams is the logo and their software colors.



CryptoTrader scam


CryptoTrader Regulation


Keep in mind that the most important question you need to ask yourself to keep you safe when choosing a trading robot is : Will this software link my account to regulated brokers or not ?

The main problem with that kind of scams, which can be considered as a huge red flag, is that they will link your account to unregulated brokers. Keep in mind that if you deal with unregulated brokers, you can be sure that not only you won’t be able to withdraw your money when you ask for it, but you won’t be able to file a complaint to a regulation authority when it happens.

CryptoTrader is only working with unregulated or even blacklisted brokers. That means none of the proposed brokers on this software holds a valid regulation licence from a regulation authority. In other words, every cents deposited on this software should be considered as lost. Don’t get fooled !




Overall Rating Visit Site

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  • Regulated Brokers
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  • 90% Payout Per Winning Trade
  • Stop-Loss And Risk Features



The Sad Reality

  • All the testimonials you can find on their video and website has been made using actors and  stolen pictures from the internet.
  • The software they will make you use is in reality designed to make you lose your deposit as quick as possible. Then, they share your money with the unregulated broker they linked your account to.
  • David Richman is an actor. He is paid for make this video.
  • We’ve read and received a lot of complaints of traders who have been scammed by this fake software.


For all the reasons above, we can say that CryptoTrader is a confirmed worthless SCAM. Therefore, we highly warn you not to use this software and  we instead suggest that you try BinaryRobot365 as this software is working with regulated brokers.



BinaryScamAdvisor experts are committed to providing you with the best trading advises If you are looking for a safe and regulated brokers, BinaryScamAdvisor recommends that you try one of our top brokers below


Trading binary options is prohibited in the following countries : USA, CANADA, FRANCE, BELGIUM, NETHERLANDS.



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General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. 



One Comment

  • If i already sign up to the scam website, to be exact, do they have access or can hack my bank accounts etc? I am very worried but i didn’t update/put any of my bank account number into my accouny in the website. And do you know how to delete that account?

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