Bitcoin Trading Investment App — The Maths Is Wrong

Bitcoin Trading Investment App Google Play listing flagged by CYANOSOFT

Verdict up front: a verified reviewer showed that this simulator’s profit figure is wrong by a factor of roughly five and a half — it reported a $2,000 gain where the correct answer was $357. The developer’s reply was “Good luck with your training.” Two years later the app still has 1,000,000+ installs and still ends every lesson at a “Trusted Brokers table”.

Bitcoin Trading Investment App is published by Quarecy Software LTD. On the day we checked it showed 4.8 stars from 20,300 reviews and 1M+ downloads, with ads, filed under Finance, last updated 17 August 2026.

The arithmetic a user checked

Adam, 4 September 2024. Fifteen people marked it helpful:

A user’s account

“The profit isn’t realistic. For example if I bought btc at 56k with 10k, if it goes up 2k to 58k it will say my profit is 2k when it actually should be 3.57%, amounting to a $357 profit.”

He is right, and the error is not subtle. A $10,000 position in Bitcoin at $56,000 buys about 0.1786 BTC. A $2,000 move in the price is worth 3.57% — $357. The app credited him with the whole price move as if he owned a full coin.

The developer answered on 22 September 2024: “Hello! Thanks for the helpful feedback. Good luck with your training!” No correction, no acknowledgement, and the app has shipped several updates since.

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Why an inflated simulator is worse than a broken one

A simulator that crashes teaches nothing. A simulator that overstates gains by five and a half times teaches something specific and false: that this is easy, that ordinary moves produce extraordinary returns, and that the user is good at it.

Everyone who practised on that maths arrived at real trading with a calibration that cannot survive contact with a real account. They will size positions as though a 3.5% move pays 20%, and they will be wrong on every trade.

The listing is explicit that this is the intended journey. One of its own five-star reviews puts it plainly: the app “eventually gave me the confidence to take the plunge and trade on real exchanges.”

Where that confidence gets spent

This is the part that matters, and it is stated openly in the description and the release notes:

From the store listing

“♦ Top brokers rating… Training and tips from TOP brokers experts… expert advice directly from the crypto trading app…” and, under What’s New: “Added new Stories about ‘How to find Broker’… Updated Trusted Brokers table, broker’s rating recalculated.”

So the product is a funnel. A million beginners learn on inflated maths, are told they are ready, and are handed a ranked list of brokers chosen by the same company. Nothing on the listing says how a broker earns its place on that table, or whether the company is paid when a user opens an account.

The Data safety panel is consistent with a funnel: the app shares Location, Personal info and two other data types with third parties, and states that data cannot be deleted — alongside the claim that no data is collected.

The details that do not match the scale

For a company with a million installs, the support address given in a developer reply is forexgameapp@gmail.com — a free Gmail account, and one whose name describes a different product.

The listing carries a proper risk warning: “financial services carry a high risk. Investors may lose all their invested capital.” It sits below a description that calls the app a “game” six times and promises “priceless experience of investment”.

⚠ Verified evidence — checked 20 September 2026

Package quarecy.crypto, publisher Quarecy Software LTD · 1M+ installs, 4.8 from 20,300 reviews · a verified reviewer demonstrates the simulator reporting $2,000 profit where $357 was correct; developer replied without correcting it · listing advertises a Top brokers rating and a Trusted Brokers table · Data safety declares Location and Personal info shared with third parties and that data cannot be deleted · support address is a free Gmail.

Borrowed authority and broker funnels run through this site’s archive — see Pantera Prime and the eight FCA warnings naming fake XTBs.

What to check before you practise anywhere

  • Check the simulator’s maths on one trade. Work out the percentage yourself. If the app’s profit figure does not match, nothing it teaches you is transferable.
  • Ask who is on the “trusted brokers” list and why. A ranking with no published method is an advertisement.
  • A free simulator with a million installs is being paid by somebody. Find out by whom before you follow its advice.
  • “Data can’t be deleted” is a term, not a footnote.

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Teddy Ellerman

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Teddy Ellerman Licensed Fraud Investigation Agent Investor Protection Unit — Pinkerton Editorial — CYANOSOFT

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