The News Spy is an algorithm-based automatic trading bot that assesses the most current news and market signals to find the best time to buy or sell a bitcoin asset. Its website makes a number of claims about the success users have found when using the software to trade bitcoins, although giving no information about the project’s creators. For this evaluation, we thoroughly analyzed and checked the bot to see if it lived up to its promises.
Use the trading bot The News Spy to trade and profit from the market. The success rate of the bot according to its developers, is 85%. The effectiveness and security of the service have also been praised by many people.
We are unable to provide a definite answer regarding the credibility of The News Spy. However, the bot seems to have the characteristics of a reliable platform.
However, because of the volatility in the cryptocurrency market, we advise you to only invest funds that you are willing to lose. Use your stop loss and take profit orders carefully when trading. Start out gently, try not to get too greedy, and then test it out with a modest withdrawal.
News Spy Pros and Cons
- Low $250 deposit
- Free demo account provided
- Free services
- Available in nations where trading in Bitcoin-based contracts for difference (CFD) is permitted
Simple to use dashboard
- There aren’t many languages offered.
- Automated trading is always dangerous.
- Some reviews are bogus.
Is News Spy a Scam?
Given that the software it uses is not open source and we were unable to find any information regarding its author, it is difficult to validate any claims regarding the accuracy of its trades.
Please keep in mind that the crypto market is extremely volatile and that you should only start trading after doing some research, even if you use bot. It is possible to make money, but just as with anything else, this only happens when you have a clear strategy and follow it.
What Is News Spy?
The News Spy, an automatic trading program, enables you to make investments to profit from the Bitcoin market. The trading platform claims that AI trading bots will carry out trades on your behalf. According to reports, these bots conduct market research and purchase cryptocurrencies when they are offered at a perceived discount. The bots will store your assets and resell it when prices start to increase again. In light of that succinct description, you essentially need to take no action! However, the bitcoin market is extremely volatile, therefore you should use auto trading programs like The News Spy with caution.
How Does News Spy Work?
The News Spy is an automated trading program powered by artificial intelligence to invest the funds you deposit in the crypto markets.
The News Spy buys cryptocurrencies in quest of underpriced crypto assets. The brokers will hold onto your bitcoin when the time is right to sell it until they can do so profitably. Although it may appear to be a straightforward method of generating passive income, auto trading usually results in many traders losing a significant amount of capital if not done carefully. Trading appears to be simple on The News Spy. But there are many risks associated with this method.
News Spy Overview
- Minimum Deposit: $250
- Claimed Win Rate: 85%
- Withdrawal Timeframe: 24 Hours
- Supported Cryptocurrencies: BTC, EOS, DASH
- Leverage: 1000:1
- Native Mobile App: No
- Free Demo Account: Yes
- Customer Support: Email
- Verification required: KYC
- Automated Trading: Yes
- CFD Available: Yes
Key Features of News Spy Trading Platform
Customer support: During our investigation, we discovered that The News Spy’s efforts are focused on luring new investors and keeping them subscribed to their service. As a result, they provide attentive customer service, especially when you first join up for the site. A staff member will get in touch with you when you create your account to validate it. If you don’t answer this call, they will contact you repeatedly to complete the verification process. On their website, The News Spy also provides a contact form that can be used.
Low Deposit: The News Spy Review offers a low minimum deposit of $250, similar to many other auto traders.
Demo Account: The News Spy Review provides you with a demo account to help you learn how to use their service for live trading. Before putting their money at risk, this aids users in understanding the site and how it works.
User Testimonials: There are hundreds of positive user reviews on the official News Spy website. Many users of the platform asserted that they generated sizable daily incomes using it.
Brokers: The brokers that manage trading operations on the News Spy auto trading platform play a significant role. Well-known forex brokers are among those who research stock quotes, exactly like in Bitcoin Rush. Brokers who handle the trading processes have a significantly higher chance of increasing their profits.
How to Use News Spy – Step-by-Step Guide
Step 1: Open an account
To access the automatic trading software through the form above, you must first register by filling up the form at the top of this page. You are also asked to provide information including name, email address, and phone number and a password for security.
Step 2: Verify your Account
Each and every piece of information that new users provide while enrolling on the News Spy platform is checked and rechecked by The News Spy. This phase in the verification process is quite important because it helps avoid issues with improper payments or slowly processed withdrawal requests in the future. You can access the trading program after verification by clicking the email link sent to you.
Step 3: Make a Deposit
A minimum of $250 must be paid into your account to enable automated trading.
Step4: Monitor Trading Bot
Once you have paid the necessary minimum funding deposit, you can begin using your News Spy account for auto trading. You can accomplish this by putting up trading parameters like stop-loss orders, daily take profits, daily risks, etc. A manual trader can also set criteria for when to open and finish deals in accordance with their own plan.
News Spy vs other Trading Robots
Minimum Deposit: $250 (compared to other platforms with higher deposit requirements)
Success Rate: 85% (compared to 80% for Bitindex AI, 99% for Immediate Edge)
Simple KYC process (compared to other platforms with massive amounts of information required).
Can you make money with News Spy?
Due to the market’s volatility, making money by buying and selling cryptocurrencies is not an easy task. When dealing in cryptocurrencies, it can be difficult to understand how much could be earned by trading on this News Spy trading platform. As you invest more, your chances of starting to make a substantial income will rise. You run the chance of losing a lot of money because of the risks associated with your sizeable investment and the volatility of the cryptocurrency market.
As a result, it’s wise to invest only money that you can deal with losing and to go with the flow. Start out modest with modest deposits and understand the strategies before engaging more capital.
Tips for new traders
Start off with a modest deposit. Whether it pertains to conventional markets or digital assets, this is the first investing guideline. You’ll learn how this bitcoin trading bot works if you start off gently. You can gradually raise your capital as you study to increase your returns.
By listening to their advice, you’ll be able to see around corners and save a ton of time. Use expert advice to guide your decisions rather than trying to figure out how to get the most of this bot on your own, which is the hard way to go about it. This applies to everything you do. Always pay attention to advice from people who have come before you.
The most crucial of the issues raised here must be this. Only invest money that you can afford to lose, please. There are no assurances provided by cryptocurrency markets. All it takes is one bad trade to wipe out your entire investment. As a result, you must learn to invest responsibly and diligently.
Begin with a free demo account. Despite the fact that you can start live trading right immediately after setting up an account with a robot, we strongly advise that you start out by trading on a demo account. By doing this, you can get comfortable with the site before risking any of your capital.
Has News Spy Been Endorsed by Celebrities?
Dragons Den – Peter Jones, Deborah Meaden
Dragons Den has been known to support cryptocurrency initiatives. From our findings, they do not appear to have ever endorsed The News Spy,
In the world of cryptocurrencies, Elon Musk is also highly active, constantly praising tokens and initiatives. From our findings, he has not ever endorsed The News Spy,
Jeremey Clarkson is quite interested in the crypto trading space, however, to the best of our knowledge, he has never publicly backed The News Spy either.
Holly Marie Willoughby
Holly Marie Willoughby supports cryptocurrency initiatives occasionally. From our findings, she does not appear to have ever endorsed The News Spy.
Idris Elba is quite interested in the crypto trading space as well. Unfortunately, to the best of our knowledge, it does not look like he has ever endorsed The News Spy.
Ant McPartlin often supports cryptocurrency initiatives. From our findings, she does not appear to have ever endorsed The News Spy.
Nicole Kidman has been known to support cryptocurrency initiatives. From our findings, she does not appear to have ever endorsed The News Spy.
Trevor Noah often supports cryptocurrency initiatives. From our findings, he does not appear to have ever endorsed The News Spy.
Gordon Ramsey often supports cryptocurrency initiatives. From our findings, he does not appear to have ever endorsed The News Spy.
Is It Possible to Withdraw Earnings?
The withdrawal form must first be filled out by the trader on the bot’s page. As a result, the robot must now contact the broker with whom it completed the trades, starting the withdrawal process.
You can choose regular transfers if you’d like and there are no withdrawal restrictions, but you’ll need to show identification.
What are the fees for News Spy?
The process of opening a News Spy account costs nothing. As a result, there are no additional fees associated with our auto trading strategy. You can register for a News Spy account by entering your name, email address, and phone number on the account registration form.
- Account Fees: None
- Deposit/Withdrawal Fees: None
- Software cost: Free
Is it easy to open a News Spy account?
Yes, opening an account with The News Spy and completing the necessary verification requirements are both easy. Users only need to submit their name, email address, and phone number on the signup form. Accounts are often confirmed in less than 30 minutes. However, not all locations provide Robot’s services, and if The News Spy isn’t offered there, an error message will show up on your screen.
Is the News Spy legit?
The News Spy operates a bot that permits automatic bitcoin trading, but investors need to be skeptical of some of the bold assertions made about the robot’s effectiveness on the website. However, the website includes testimonials from clients who become overnight billionaires. Even though the cryptocurrency market has the potential to produce returns, these assertions seem too good to be true because they do not immediately turn investors into multibillionaires.
How much does it cost to use The News Spy?
According to the News Spy bot’s official website, using its services is totally free. As a result, you might be required to pay a charge to the broker platform in order to conduct transactions and withdraw money.