Voltix Momentum Review 2024: Is It a Legit Trading Platform?
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AI has played an integral part in cryptocurrency trading in recent years. With the inception of trading robots, markets have become more accessible, efforts have become more streamlined and despite volatility, profit potential has been maximised. Voltix Momentum is a newcomer to the niche, but is claiming to provide advanced automated trading services and market insights.
Legitimate websites are incredibly difficult to determine from scams, especially in 2024. This means it’s important to understand exactly what’s on offer and what to expect from the trading robot you choose. With this in mind, let’s take a look at Voltix Momentum, its relevancy and its functionality when trading.
What is Voltix Momentum?
When selecting a crypto trading robot, it’s not only about whether or not the website is legal (although this is a huge consideration, of course). Users will need to look at the services and features on offer to determine whether or not it will meet their unique trading needs. The bad news is that Voltix Momentum isn’t one of the more forthcoming providers out there, which will make the decision a little more difficult. Here are the top features that you can expect from this platform:
- The ability to trade the crypto markets 24/7 with Ethereum, Bitcoin and other top altcoins
- User-centric, simple website design
- No mention of a minimum deposit to trade
- No defined success rate
- A stronger focus on manual trading than automated processes
- Suggested support from brokerages (and therefore leveraged trading)
In such a competitive space and when dealing with volatile markets, one of the key things traders can do is ensure that their trading robot is going to be secure and perform as expected. As Voltix Momentum is a new provider, it has not yet been audited to provide a success rate and doesn’t have much in the way of community reviews/support. The fact that the website doesn’t provide much more than a trading statistic, a quick sign up form, a trading dashboard. There is limited information about how it functions or the tools used, so this makes it even more difficult to determine its relevancy.
How does Voltix Momentum work?
All trading robots are designed with the intrinsic ability to improve the frequency of profitable trades when using cryptocurrency and similar markets. While there is no guarantee of 100% success or of the value of each win, they do offer some significant benefits and potential to the wider niche. While many focus on automated trading and AI to boost accessibility for everyday traders, Voltix Momentum states that it is taking a different approach ready for 2024, to bring a more hands-on experience that can be tailored for individual needs.
With a focus on empowerment for trading using high-functioning analysis features and charting tools, there are real-time market updates, predictive analytic tools and strategy back testing, so users can make decisions that are driven by relevant data.
One of the standout features of Voltix Momentum is the fact that it has a user-friendly interface and employs robust security protocols that extend to cold storage solutions and incorporates multilayer encryption. The landing page does suggest that it is an intuitive and powerful trading platform that has innovative, seamless and easy-to-use design with bullet points mentioning Web Trader, Meta Trader 4 and tailor-made web mobile.
The first two are well-known cryptocurrency trading software that can be integrated with an array of tools and utilised by almost anyone (from individuals to brokerages), but the mere mention of their names is all you will find. As far as tailor-made web mobile goes, while Voltix Momentum claims it is mobile and desktop friendly, it’s not made clear whether or not it has its own proprietary mobile app.
Transparency will always be key, and this platform does lack in this area, so be sure to practice due diligence before signing up.
The advantages of Voltix Momentum
Voltix Momentum will be similar to other trading robots on the market in terms of basic trading functions, but will come with its own pros and cons. These should be carefully considered, as they may make the platform more attractive to some traders over others.
Pros:
- Multi-cryptocurrency support
- Access to advanced trading protocols with cutting-edge charting tools, signals and more
- 24/7 customer support
- Instant deposits
- A user-friendly interface
- The ability to access real-time data and predictive analytics
- A good approach to security protocols
- A focus on trading freedom for users of all skill levels
Cons:
- No mobile app
- Little transparency
- Withdrawal fees may vary dependent on the payment method used
- Mention of Web Trader and Meta Trader 4, which would suggest leveraged trading, but no deeper insights into how these work or how they’re implemented
How to start trading with Voltix Momentum
- Go to the Voltix Momentum landing page and fill in the quick signup form. This will take a few moments and only ask for your name, email address and phone number. Once this is complete, it’s not clear whether you will receive an email or a phone call from an account manager, but you will be prompted to make an initial deposit (again, this is typically $250, but Voltix Momentum isn’t clear about this).
- Your first deposit isn’t considered a fee and will unlock the features and functions of the site so that you can begin trading. One of the advantages of Voltix Momentum is that it has a demo trading feature, where users can backtest strategies, gain some familiarity with the platform and practice trading risk-free. Not all platforms have this, and it is certainly a worthwhile aspect to keep in mind.
- When you are confident in your abilities and have taken some time to find what strategies are performing, it will be time to go to live trading and begin your journey. It’s important to mention here that, as the platform mentions Web Trader and Meta Trader 4, there is the potential that leveraged trading and the ability to connect with brokerages may be offered, so you may want to do separate research on these before moving forward.
A closer look at Voltix Momentum’s features
AI and manual trading
When using Voltix Momentum, the website suggests that while it has AI-driven tools, these are used to enhance the overall trading experience for manual efforts. There is the ability to utilise price fluctuation monitoring to determine market patterns, alongside an array of other processes, so that trades can be executed with a higher probability for success.
As there is suggestion of integration with Web Trader and Meta Trader 4, we’d assume that users will also be able to access the wealth of features that are provided by these tools, as well as offer the potential for leveraged trading. As the website is so basic however, we are not entirely sure how this works, so potential users may want to proceed with caution.
For those who want to have a more hands-on approach to interacting with their online assets, Voltix Momentum claims to bring a more personalised and customisable ethos.
Portfolio diversity
Voltix Momentum states that it allows users to diversify crypto trading portfolios by offering a wide selection of popular coins and altcoins, including Bitcoin and Ethereum. Markets can be navigated with deep insights and multiple assets for optimised investment strategies.
Security
Trading robots will typically employ security protocols (these will include SSL certification), but Voltix Momentum suggests top level, multi-layer encryption and even cold storage solutions to protect personal details and financial data. There will likely be access to a trading account manager also, if leveraged trading is supported.
Security doesn’t always relate to this alone however, and regulation should also be considered. During our research, we haven’t been able to find regulation protocols associated with any specific financial authority. Voltix Momentum does state that it operates within the necessary legal frameworks of its operating countries. It may be worth reaching out to customer service if you’re unsure and would like to know more.
Real time market scanning and predictive analytics
Voltix Momentum promotes real-time market scanning for powerful trade-related information, but this is not backed up by traceable historical data. Predictive analytics are utilised to provide deep insights on the best times to enter and exit crypto trades and seemingly include price chart data and market predictions.
Customer service
It can be important to find a provider that has a decent level of access to customer support. Of course, you will want to know that things will be handled quickly and professionally, but also that access isn’t limited should anything go wrong. Voltix Momentum claims that its helped desk is open 24/7 and users can expect post-registration support. What this means is that you will need to sign up to be able to access live chat and phone help, but this will only be possible once a minimum deposit is made. Typically this would be $250, which has been the industry standard for quite some time, but Voltix Momentum isn’t clear on what new users are expected to put into their account to gain access.
Supported payment methods
To ensure accessibility to a range of users, trading robots will typically provide a myriad of ways to make payments. Unfortunately, Voltix Momentum isn’t open about the payment methods that it supports, and you will be expected to inquire about these when registering.
The creators of Voltix Momentum
It can actually be difficult to find information about the creators of trading software. We’re not exactly sure why many prefer to remain anonymous, but there isn’t often a traceable lineage back to developers. Voltix Momentum is no different, and in-keeping with many of its competitors, claims those involved experience in developing trading software for financial markets.
Is Voltix Momentum a scam or legit?
With all of the above in mind, this is not a simple question to answer. More and more providers seem to be keeping their services hidden behind an initial deposit, which can make it extremely difficult to learn about the software, tools and success rates on offer. Not only are these factors that will help you to determine whether a platform is legit or a scam, but also if it has the right services to align with your specific needs. We have noticed in the latter part of the year that more robots coming onto the market are not providing information about win rates, regulation and even the initial deposit amount, which isn’t encouraging. Users of Voltix Momentum will even need to ask the customer support team (who are only available after deposit) what payment methods are available.
One of the key indicators of legitimacy and the best way to tell if a trading robot is suitable is transparency – and this is something that Voltix Momentum is clearly lacking.
In conclusion
The lack of information and transparency surrounding Voltix Momentum isn’t something that should be taken lightly when deciding to sign up. Not only are cryptocurrency markets highly volatile, the chances of losses are frequent and potentially significant. This is where trading robots often step into the niche to assist traders when making better decisions and minimise risk.
As you will be putting your money on the line, it can be extremely important to ensure that your efforts will be profitable. The niche is rife with scams and regulation still leaves a lot to be desired in 2024, so due diligence is always advised. Voltix Momentum claims to empower its users and bring an array of advanced trading capabilities, deep market insights and more, but unfortunately this is not supported with any relevant data, real user reviews, or authorisation.
Voltix Momentum FAQ
Does Voltix Momentum support leveraged trading?
This is an extremely important question to ask when selecting a trading robot. As there is so little information to go on with Voltix Momentum, it's not something we can confirm. This is unfortunate, as it could be a deal breaker for many traders, and should be carefully considered by those new to crypto trading markets. Not all platforms partner with brokerages and this isn’t imperative to see success, but it will have an impact on win/loss potential.
Is Voltix Momentum accessible to everyone?
Companies often prioritise an easy-to-navigate website and simple access to the necessary trading functions, as trading robots on the whole have increased accessibility for the everyday user. Voltix Momentum claims to provide ultimate functionality for both new and seasoned traders, so accessibility is something that users can expect.
