Forex Robots

ProfitTrailer Review: Is This Crypto Bot Safe and Legit?

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ProfitTrailer Review: Is This Crypto Bot Safe and Legit?

ProfitTrailer provides an advanced and robust crypto trading bot that is completely automated. The vendor promises to free you of the tedious and daunting trading tasks with automated bots. Efficient trading with the help of integrated indicators, a dedicated community, and a profitable system are assured with the service.

ProfitTrailer Review: Is This Crypto Bot Safe and Legit?

ProfitTrailer: pros and cons

Pros Cons
Fully automated bots Lack of verified performance proof
User-friendly dashboard Expensive pricing
Absence of security and safety features

About ProfitTrailer

As per the vendor, the service is a leading crypto trading bot provider. It allows you to automatically trade crypto on many exchanges at the same time. Unlike manual trading, automated bots can work 24/7 ensuring you do not miss out on lucrative trades.

ProfitTrailer review: key features

The key features of the crypto platform are:

  • It has an intuitive dashboard that allows a full overview of the bot’s working and your trading info.
  • Dollar-cost averaging feature helps to sell your assets profitably.
  • You can view the potential trades on the market under the ‘Possible Buy’ option which can be adjusted as per your trading needs.
  • The service makes it easy to configure the bots with a basic and advanced editor.
  • With the pairs feature you can view all the purchased coins and manage them.

ProfitTrailer: trading strategy

As per the vendor, this platform uses over 40 integrated indicators for its trading approach. It has an add-on feature that helps to process the alerts you receive on TradingView. You can also share and discuss the strategies and settings with the dedicated community. Buy and sell strategies, trailing stop, DCA, and sell-only model are some of the strategies popular on this platform.

Security of ProfitTrailer

API keys are used for connecting with your exchange account. Since the vendor does not handle funds, they remain safe in your account. The vendor does not provide further info on the security measures that the platform uses to protect user funds and data.

Is ProfitTrailer safe?

As there is minimal info on the safe use of strategies and handling of trades, we are unable to assess the safety of using the platform.

How much does ProfitTrailer cost?

A Signals Edition (€30/month), a Basic (€49/month) plan, and an Advanced (€69/month) plan are present for the service. Features include multiple exchange support, live Discord support, stored configurations, indicators, paper trading, signals subscription, and free TV addons and signals.

Deposit and withdrawal

Your funds are not handled by the bot service, so it does not have deposit or withdrawal features. The funds are held safely in your exchange account and are protected by the security features of the exchange.

Does ProfitTrailer charge fees and commissions? 

No fees or commission is charged for using the bot service.

How much profit can it earn?

The vendor does not provide info on the performance of the system. We could not find info on the profitability of the system.

Company reputation

The company was launched in February 2017 by a group of crypto and FX trading tools. The firm is based in Curacao. A location address is present for contact besides an email address.

ProfitTrailer reviews

User review for ProfitTrailer on the Trustpilot site.

User review for ProfitTrailer on the Trustpilot site.

We found 14 reviews for the company on the Trustpilot site with a rating of 4.1/5. From the feedback, we find that the support and community features are good, but one of the users complains of poor performance.

Who is ProfitTrailer for?

Customizable and pre-coded strategies, a user-friendly interface, and tutorials make the platform suitable for beginner traders.

ProfitTrailer: supported devices

The bot can be used on Linux, MacOS, and Windows provided you have a stable internet connection.

What exchanges does ProfitTrailer support?

Some of the main exchanges the service supports are:

  • Bittrex
  • Poloniex
  • Binance US
  • Coinbase Pro
  • Huobi
  • Binance DEX
  • BitMEX
  • Kucoin
  • Binance
  • Binance Futures
  • Bybit
  • Kucoin Futures
  • Bybit Futures
  • FTX Futures
  • FTX
  • and more

Additionally, the service supports the OANDA Forex exchange.

ProfitTrailer: customer care

For support, the vendor provides manual guides, video tutorials, Discord support, and a location address. The vendor also assures live help from its dedicated support staff and members. The dedicated community also provides a useful tools for traders to share their strategies and discuss the settings, and other useful data.

ProfitTrailer

4

ProfitTrailer claims to provide the most advanced crypto bots. The user-friendly interface, multiple exchange integration, advanced editor, DCA bots, and intuitive dashboard are beneficial features of this platform. However, the lack of info on security, regulation, and performance are factors that you need to consider before you decide on this system.

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