Margin.de Review: The best trading bot for beginners?

Margin.de used to be known as the Leonardo trading bot. It is still a major player on the market and has been a huge success story. It was first known as Leonardo, and was one the most well-known trading bots in the market.

 

The bot’s interface was no longer relevant and it was sold to its current owners. It was updated with new features and became even more popular. Margin makes trading easier with its many features and support for multiple exchanges.

 

The bot allows traders direct interaction with market data. It supports many languages including English, Spanish and Portuguese.

Margin.de Features

Visual trading

Margin.de was created to be easy-to-use. It is simple to use and doesn’t require any programming knowledge.

 

You can place orders directly from the charts. By hovering over your trades’ gains, you can see them. RSS feeds keep you informed about industry news and allow you to see 25 exchanges from one location. Margin is a fully featured trading terminal. To get that professional touch, you can connect another monitor.

Margin.de Trading bots

This visual, easy drag-and-drop method can be also used with Margin.de’s crypto trading bots. Margin.de bots can either be linked to existing bots or used in a specific order by drag-and-drop.

Top Recommended Platforms

MIN. DEPOSIT

$50

EXCL. OFFER

USER RATING

9.8

4.9/5

78% of retail investor accounts lose money trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

MIN. DEPOSIT

$100

EXCL. OFFER

USER RATING

9.7

4.8/5

MIN. DEPOSIT

$250

EXCL. OFFER

USER RATING

9.6

4.5/5

CFDs are complex instruments and involve a high risk of losing money quickly because of the leverage effect. 68% of retail investor accounts lose money trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

 

Although a rudimentary Python strategy editor exists, it is far simpler than the more colourful and user-friendly options.

 

While predefined features and robots that can be used to create cookie-cutter orders are great for novice traders, they leave much to be desired by more experienced users.

Many beginner-friendly solutions do not allow for the flexibility required to adapt to changing market conditions or trends.

 

While you can modify what works, it is not possible to make it more lucrative. This is something that experts need to be able to do. Beginners can use Margin.de bots. For those who are familiar with crypto trading, however, you will need to have more options and customization options.

 

Pionex and Bitsgap are better options for serious crypto day traders than what Margin.de reviews.

 

Margin.de offers 4 pre-made bots. These bots include Exponential Moving Average, Bollinger Band and Static Ping Pong. This bot is basically a variation of the Margin Bot, the most basic type trading automation.

 Margin.de Customizable GUI

You will find it easier to use the platform if you take a closer look. It will be the same for everyone and eventually it will become monotonous. Margin gives you the ability to customize the interface. You can also alter the order of the sections.

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Margin.de can be customized to your specifications. Margin.de’s GUI is customizable and can be moved around like a Lego home.

Smart Order Router

Margin.de’s exclusive function, Smart Order ensures that coins can be purchased at the lowest price by splitting large orders across multiple exchanges. Smart Order uses your funds in order to determine the best place to place an order. Smart Order also considers the orders, books, and fees of each exchange.

Margin.de Pricing

Pricing is important when trading bots are involved. To make their trading bots stand apart, every company strives to offer the best features and the lowest price. Some trading bots can be purchased on a monthly basis. Other trading bots such as Margin are available monthly via a subscription. Users can purchase them for a one time fee.

 

These are more profitable than the first because you can make a profit even though the market is slowly rising. The cost of the bot that you bought will eventually be paid off.

Margin offers three packages. The Starter Package is $89; the Standard Package is $169; and the Professional Package costs $1999.

 

These licenses can be purchased at 50% off To find the total price, you can add the same amounts. The minimum package only supports one exchange, while the maximum package supports all other exchanges with unlimited balance.

 

The platform offers a free trial. This will give you an idea of what products you will be purchasing. Multiple strategies can be implemented simultaneously. The unlimited bots allow you to determine which strategy generates the most profit.

See also  Quadency Review 2022: Is this a scam or legit crypto trading robot?

Supported Exchanges

Margin.de supports many popular cryptocurrency exchanges. These exchanges accept all crypto pairs.

 

At the time of writing, the bot supports the following cryptocurrency exchanges:

 

  • Binance
  • Bitfinex
  • Bitstamp
  • Bittrex
  • CEX
  • CGEX
  • Coinbase Pro
  • Coinone
  • Ethfinex
  • HitBTC
  • Huobi Pro
  • ItBit
  • Kraken
  • KuCoin
  • OKcoin
  • OKEx
  • Poloniex

 

KuCoin and Margin.de teamed up to offer their services to customers of the exchange for free. KuCoin accounts let you use trading bot services free of charge.

Pros and Cons

Pros Cons
Established company It is not cloud-based
Configurable GUI It’s not complex enough for seasoned traders.
Numerous supported exchanges
Get a free demo version
Only one-time payment
User-friendly

How secure is Margin.de?

Margin.de, a desktop application, is not accessible via web-server. Margin.de is secure due to the security standards that it uses.

Users don’t have to allow withdrawals from exchange APIs. Half of the trader API keys stored on the platform’s server after they have been encrypted/hashed are done.

Margin.de recommends you use a virtual personal server. It is vital to protect your data.

Verdict

Margin.de is a powerful tool for professional traders. Because of its intuitive design, and support for beginners, Margin.de is a great option.

 

It has to be downloaded and you can rent a VPS for it to run 24/7.

 

It stands out because of its large number of supported exchanges. You can find alternatives to Margin.de by looking at our reviews of lesser-known bots like Quadency, Bitsgap, Coinrule, TradeSanta and Shrimpy.

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