The News Spy review – a SCAM you want to avoid

Read this News Spy review to see that you should not put your money into this program.

What The News Spy is about

The News Spy reviewThe presentation says that News Spy is a new trading software for cryptocurrencies. It will analyze fundamentals (news) and base its trading decisions on that. A team of analysts is confirming the trading signals.

This way the software is supposed to earn you at least $1500 daily without any fee or extra cost to you. Does it sound legit?

News Spy is a scam

The proposition of The News Spy of course doesn’t sound real, the reason being that it is absurd. Nobody will make you money for free, especially not that much.

The truth is that The News Spy was designed to do the opposite, which means to lose your money.

Forged News Spy reviews

The News Spy testimonialOn its website you will find a few News Spy testimonials. Users are speaking in videos and telling their stories about how they make money with this program.

The problem is that these people are actors who got paid for lying in front of the camera. You will find a proof on our picture, anybody can hire this woman for a fake testimonial just for five bucks.

The truth

The News Spy scamAs we have already mentioned, The News Spy is made to lose your money. How will it manage to do that? Very simply. In reality the program is not free.

When you register for the program, they will tell you that you have to deposit at least $250 with a broker they have chosen for you. In our case it was KayaFX. The broker will be unregulated and shady.

Once you send them your money, it will be over, you will not earn anything and they won’t let you withdraw your deposit, so you will lose it. This is how The News Spy scam works.

The News Spy review conclusion

The News Spy is a scam that cannot make you any money. In fact, it wants a deposit from you so that it can take and keep your money. Stay away from it!

If you are interested in making money in cryptocurrencies trading, start on a free demo with a regulated broker.

Practice until you manage to trade with profits, only then you can think of trading with real money.


BrokerRegulatedFree demoLink

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 76-81% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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