SGA Consulting is a cryptocurrency investment firm that provides consulting services to customers. Find out if the ICO is worth a look today in our SGA Consulting review.
What Is SGA Consulting?
SGA Consulting, found online at SGAICO.com, is a consulting firm catered towards cryptocurrency traders.
The company promises to give clients the best possible information about buy/sell positions to take in the cryptocurrency market. To deliver that information to clients, SGA Consulting has created automated trading software. That software has been in development since 2014, and has produced double digit profits when trading on Russian markets since the beginning of 2017.
Right now, the company’s whitepaper is hard to understand. It’s filled with grammatical errors and vague wording. The original development team is from Russia.
The whitepaper contains sentences like this, for example, as an explanation for how the platform works:
“the Minimum necessary for the work time. Requires only a few minutes by opening and closing positions in financial markets according to the received shopping recommendations.”
As far as we can tell SGA Consulting is a consulting service available to investors of all levels of experience. The company promises to help you make successful cryptocurrency investments by telling you what to trade, and when.
How Does SGA Consulting’s Software Work?
SGA Consulting’s software is a fully automated service that provides trade recommendations for opening and closing positions on financial markets. The goal is to generate the most possible profits for clients.
The platform is available to all types of investors, regardless of their knowledge. Clients do not need to have any specialized knowledge, skills, or experience:
“It is only necessary to have free money and mobile phone to become a client of SGA and to use the service in full”, explains the whitepaper.
You’ll pay a monthly subscription fee – in the form of SGAC tokens – to use the software.
SGA Consulting also claims to offer minimum risk and virtually no work required. The automated software does all of the work for you. That software claims to minimize risk by removing the human factor: a robot analyzes the cryptocurrency markets constantly to limit your exposure to volatility.
Of course, all of this sounds good – but we’ve also seen plenty of other cryptocurrency trading robots appear online in recent months. Many of these robots make big claims about their ability to consistently make profits – yet can’t back these claims up with real results.
Nevertheless, SGA Consulting claims to be based on two decades of professional trading experience and neural network development. The company began its development in 2014, and launched earlier this year in Russia. The whitepaper lists various positions taken by the company – including profits and losses over the past few months.
The SGA Consulting Token
SGA Consulting is releasing its own cryptocurrency called SGAC. The ICO launched on September 13 and is expected to last until November 13.
The company is releasing 25% of its total supply of tokens during the crowdsale. No further tokens will be issued in the future.
SGAC tokens will be used as a payment for SGA Consulting’s monthly consulting services. Right now, a monthly subscription is priced at $250 USD per month, so 1 SGAC is valued at $250 USD. However, during the token sale, tokens will be available at a rate of 1 ETH = 3,000 SGAC.
The value of each token is expected to rise as the value of SGA Consulting’s services continues to increase. The company claims that by the end of 2019, users will be paying $2,000 per month for SGA Consulting’s subscription, which means the value of each SGAC will be $2,000.
There’s a total supply of 800,000,000 tokens.
Who’s Behind SGA Consulting?
SGA Consulting’s team consists of 29 people, including 7 professional traders with decades of experience, 14 technicians, and 8 management professionals.
Key members of the company include Founder Andrey Slesarenko, Finance Director Marina Kardakova, Technical Department Director Kiselev, and Founder Sergey Golovanov.
Is SGA Consulting A Scam?
Obviously, there are plenty of “automated trading programs” available online today. It’s easy to be skeptical of trading programs that promise big returns with no evidence. Fortunately, SGA Consulting appears to have a genuine track record of its trading achievements.
The SGA Consulting whitepaper features the various open and close positions chosen by the software over the course of 2017. Sometimes, the software lost money, and in other cases, it gained money. Overall, the weighted average yields for one month were 33.91%. Lower months had a yield of 17.56%.
SGA Consulting Conclusion
SGA Consulting has some type of automated trading software that’s been successfully making trades in Russian markets since the beginning of 2017. The software appears to have generated profits of 17.56% to 30%+ in several months. Further details about the bot’s trading history can be seen in the SGA Consulting whitepaper.
You can get involved with the SGA Consulting project by buying tokens through the ICO. The company’s ICO is taking place throughout September, October, and November. Tokens will be used to pay for membership on the platform.
Ultimately, there are a lot of cryptocurrency investment robot scams out there that offer automated trading software. SGA Consulting appears to be legitimate – despite the fact that it has an awkwardly-worded English transaction, and full details of the platform aren’t totally clear.
You can learn more about SGA Consulting and their upcoming ICO online today at SGAICO.om.