1G Profit System Review – Scam or Legit?

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1G Profit System is a crypto trading platform that claims to make it easier to invest in cryptocurrency by helping users “focus on what matters”. 

The trading system states it condenses all the disparate charts and technical indicators to provide a full-dimensional analysis. But are the offerings of this platform legit? We attempt to answer this query in our 1G Profit System review.

What is 1G Profit System?

1G Profit System calls itself a diverse financial asset, commodities, and crypto trading software tool and claims to make trading easier by providing information in an easy-to-understand format. According to the official website, the one thing that stops people from trading is time – time that is required to conduct thorough market research to devise the best trading strategies.

1G Profit claims to remove that issue by providing a holistic paradigm that gives a full-dimensional analysis of the market. Instead of using multiple technical indicators and putting a lot of time and effort into charting tools, users would only need to use one parameter to make investment decisions.

The trading platform claims that this way is beneficial for all types of traders, and they are able to generate huge profits. However, there is no historical data that proves those claims. Furthermore, the advertising copy of the website is also unclear on the type of technical tools provided to users. At best, many reviewers conflate the 1G Profit System with a traditional crypto trading bot, but we didn’t see any mention of an autonomous trading system.

In addition to crypto trading, the 1G Profit System has also specified that commodities and asset trading are also available. But it has not mentioned the nature and the specifics of those assets and commodities. When it mentioned commodities, we saw some specifics about silver and gold, as well as coffee and crops – but there was no explicit information on them.

The platform also claims to provide a demo account to help traders understand the mechanics before trading. However, that, along with many other “utilities” that the site claims it has, requires a minimum deposit, which, at the time, is $250.

1G Profit System Pros and Cons

Like all trading systems 1G Profit has its advantages and disadvantages:

How Does 1G Profit System Work?

According to the advertising copy of the platform, trade begins once the user makes a mandatory deposit. Users can reportedly choose the asset they want to trade in, and the platform provides them with a complete market analysis. Based on this analysis, the customer can then apparently share their own view with the account manager, who can then help them make investment decisions.

Th information that the site offers doesn’t paint 1G Profit System as a platform that relies on a Bitcoin robot, but rather on an account manager instead. They execute trades on behalf of a user and then transfer the profits to the customer’s trading account.

Ideally, that would be a great idea, considering a semi-logical perspective is needed when trading cryptocurrencies. However, the site isn’t clear on the strategies it employs to make those decisions.

Secondly, having a human element to crypto trades means that you wouldn’t have complete control of your trades. While a helping hand would help, more information about the qualification of that account manager and how informed they get about your investment would have been useful.

Thankfully, there is a customer support team ready to assist. But that is only accessible to those who have created an account already. Newcomers to the site might not be able to reach out to the support team.

These factors make 1G Profit System a difficult platform to review in depth. We recommend testing the facilities and checking out the reviews before opting to trade on this platform.

1G Profit System – Key Features

Listed below are the key features of 1G Profit System according to the site:

Simplified Market Analysis

1G Profit System claims that it offers a simplified market analysis that combines all the disparate indicators into one trading chart that tells all the information users need to know about the market to make trading decisions. While the parameters that go into creating that analytical view aren’t discussed on the official website, third-party sites say that it is a combination of technical and non-technical indicators.

Human Assisted Trading

1G Profit System veers away from the autonomous trading mechanics and instead focuses on providing an account manager. The site claims that the account managers are traders who combine their trading knowledge with the client’s when interpreting the market analysis mentioned above to create trading strategies.

Support for Multiple Asset

The platform’s trading system isn’t limited to providing trade support for one type of asset. Along with cryptocurrencies, assets, and commodities are also accessible – according to the claims. But the website isn’t clear on that, which means users might need to confer with their account manager before getting started.

Demo Trading Account

While the official website doesn’t explicitly talk about the availability of a demo trading account, there are third-party sites that do. These claim that users can test out the platform’s effectiveness using a demo trading account before switching to live trading.

Round-the-Clock Customer Support

For those who feel overwhelmed by the facilities that 1G Profit System claims to provide, customer service is always at their disposal. According to the advertising copy of the platform, the support team is available 24/7, ready to tackle any issues that the client might have.

1G Profit System Account Fees

The 1G Profit System website states that it has gone with a zero-fee approach. There is no mention of a trading fee, withdrawal fee, or deposit fee. However, it is not mentioned whether the service providers offering fiat payment gateways would charge anything. It is highly likely that they do. Here is the table highlighting the fee structure of the platform.

1G Profit System Minimum Deposit

Accessing any highlighted feature on 1G Profit System requires one to deposit the minimum amount. While the site isn’t clear on the deposit fee, some reviews state that a deposit of $250 is necessary. That said, one of the FAQs on the official site mentioned a $400 deposit. Since $250 is more common for trading robot platforms, it is likely that that is the correct figure.

1G Profit System Compatible Devices

Listed below are the devices on which 1G Profit System appears to be compatible:

1. Desktop
2. Laptop
3. Android and Apple Phones
4. Tablets

Is 1G Profit System a Scam?

The lack of information available on 1G Profit System has led to some user reviews labelling it a scam. Most of the content the website provides is generic at best, without being a registered user.

There is no insight into how the platform actually works. It is billed as a site that offers a “human assisted” trading facility. But there are other reviews that talk about a fully autonomous system. That paints a very ambiguous picture of this platform.

Customers also have varied reviews about this site across sites like Trust Pilot, Facebook, and Reddit. Some claim to have generated profits through it. Furthermore, there are many versions of the 1G Profit System out there, and one of them claims to offer a win rate of 99%. That site has been marked as a scam by some publications.

Keeping these facts in mind, we recommend only investing what you can afford to lose with 1G Profit System as with any automated trading platform.

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

1G Profit System Customer Support

1G Profit System has a robust customer support system in place. Users can reach out to them via email, live chat, or even telephone. However, many have said that the account managers it hires for users offer customer support services as well.

How to Use 1G Profit System

Here are the steps to use 1G Profit System if deciding to proceed:

Step 1 – Create an Account

Go to the official website of 1G Profit System. Enter your first name, last name, email, and phone number before clicking on the learn more button. That will initiate the verification process, after which your account will be created within minutes.

Step 2 – Deposit the Amount

Deposit the required amount of seed capital to start investing in assets. According to some third-party reviews, $250 is the minimum deposit, used to invest with rather than being collected as a fee.

Step 3 – Start Trading

If the site does provide a demo trading account, we recommend testing it out before switching to trading on the live market. Reach out to the account manager when you are ready to trade.

How to Delete a 1G Profit System Account

There is no mention on the site about how to delete the account on the platform. Contacting the account manager can help. Or, if the account settings is within your reach, you can switch off the account directly from the platform.

Are Celebrities Endorsing 1G Profit System

In some online marketing, celebrities have been associated with 1G Profit System. From what we have seen, these endorsements are not verified. The 1G Profit System hasn’t been endorsed by any mainstream figure.

Those include the likes of Elon Musk, Jeff Bezos, or Martin Lewis, who also haven’t mentioned any other crypto trading tool, reserving their comments only for cryptocurrency itself, such as the Tesla founder’s support for Dogecoin and Bitcoin.

Who Are the Founders of 1G Profit System

Because the site is light on information, we didn’t find anything about who is running the platform. There is no mention of whether the founders are traders or crypto specialists. Those details are also missing in other 1G Profit System reviews as well.

While not mentioning the name of the founders is nothing new in the crypto space, it is important to know that 1G Profit System also claims to offer asset and commodities trading. Those are entities that come under more regulation than cryptocurrencies. Therefore, the lack of founder detail might be a red flag one needs to be aware of.

1G Profit System Payment Methods

The following are the payment methods accepted by 1G Profit System:

1. Debit Card
2. Credit Card
3. E-Wallets
4. Cryptocurrency
5. Bank transfer

The Verdict

1G Profit System is advertised as a trading platform that claims to simplify market indicators to help users make quick investment decisions. The platform’s website has a simple UI, and the signup process appears simple.

However, the 1G Profit System has received a mixed reaction from customers and traders – including in the negative direction. Some claim that it is a scam, and the lack of information could be a red flag. Our recommendation is to only trade on this platform if it meets your requirements, and to test on the cashout process early on to check withdrawals work as described.

Also only deposit the minimum to start with, and diversify across some of the other algorithmic trading platforms we’ve reviewed.

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

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