Profit Trailer Review: Features, Pros and Cons

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Profit Trailer was established in September 2017. It is located in Rotterdam (the Netherlands). The Law of Curacao has licensed and regulated this bot. This offshore location is extremely common for registrations of crypto-related companies.

 

There are many ways you can make money with cryptocurrencies. Although most people trade on centralized crypto platforms which offer the best security, many others prefer to invest in more risky ICOs.

 

Profit Trailer is one of the crypto trading bots that can be used to make their day trading more efficient. The intelligent bot trades cryptocurrency 24 hours a day and does all the work. You can also manually trade when the bot allows.

What is Profit Trailer?

Profit Trailer is not a scheme to make fast money. This platform is an automated trading platform that trades your coins and funds in your exchange account. This bot is a great tool for slowly building up coins. But you must be smart.

 

Profit Trailer will follow your strategy precisely and work on the basis mathematical formulas that trigger buy/sell orders in certain market conditions. Profit Trailer can use a variety of strategies to help you pick the right trades. They don’t need to spend their time looking at charts and keeping track of multiple exchanges. The platform allows traders to modify every parameter. No matter where you are or what your business is, the software can be tailored to meet your needs.

 

However, this does not guarantee that the bot will work. To get a better understanding about the bot’s operation and to help you choose which options to use, I recommend you start with very little capital. The bots are less likely to be affected by human issues like money management, emotions, or time management.

MIN. DEPOSIT

$250

EXCL. OFFER

USER RATING

9.8

4.9/5

73% 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

$50

EXCL. OFFER

USER RATING

9.7

4.8/5

CFDs are complex instruments and carry a high risk of losing money quickly through leverage. 78% of retail investor accounts lose money when trading CFDs from 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

$250

EXCL. OFFER

USER RATING

9.3

4.5/5

CFDs are complex instruments and involve a high risk of losing money quickly because of the leverage effect. 65.3% 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.

 

To achieve success, it is important to know how to set up and optimize the bot.

 

Profit Trailer Features

Demo Account

Profit Trailer provides a demo account which allows you to try out your strategies risk-free.

Security

Profit Trailer is registered with the Curacao Chamber for Commerce, Netherlands Antilles. The company operates according to Curacao’s strict laws. The company complies with all international safety and fairness standards. The bot uses Secure Socket Layer encryption to establish a secure connection. This builds trust and creates trust. To ensure that visitors are secure, browsers use special visual cues known as EV indicators. These indicators can be a logo URL bar or a green padlock. You must be at least 18 years of age to use the bot.

See also  3commas Review: The best bot for first-time crypto traders?

 

Profit Trailer has enjoyed a great reputation over the past two years. It has also continued to run smoothly. You can take steps to increase your security.

 

  • Use 2 factor authentication (2FA)
  • IP restrictions can be used to limit access to your accounts
  • To stop phishing attacks, you can use a phishing blocking tool like Metamask or Comodo.
  • To run sensitive programs, you can use a Sandbox
  • A hardware wallet can be used to store coins and withdraw profits.

 

You should also remember that all information about your data, including how it was used, can be found in the privacy section of the company’s website.

 

Exchanges Supported by Profit Trailer

A bot can support many things that are connected to cryptocurrency exchanges. A bot that does not support popular exchanges is of little use since there will be no space for trades.

 

The availability of cryptocurrencies to trade is another factor. While larger exchanges may be able to house multiple types of virtual currency, smaller exchanges might offer deals that would otherwise be impossible to trade.

 

Profit Trailer supports Binance, Huobi, Bittrex, BitMex, Bittrex, BitMex, KuCoin, ByBit, Poloniex, and Bittrex currently.

 

These exchanges are most well-known, and offer a solid base of operations for crypto traders.

 

Profit Trailer Pricing

The trading bot is available in three versions: Basic VPS Pro and Pro VPS. Virtual Private Server stands for Virtual Private Server. You can purchase it so you have it for your entire life, or you can subscribe for 1 month, 3 month, 6 month or 12 month periods.

See also  Jet-Bot review: A competent new trading platform?

 

Here are the prices. You might expect that subscription prices will be more affordable the longer you are a subscriber.

Basic

  • 1 Month: EUR 39
  • 3 Months: EUR 99
  • 6 Months: EUR199
  • 12 Months: EUR 349
  • Lifetime: EUR 499

 

Basic VPS

  • 1 Month: EUR 54 
  • 3 Months: EUR139
  • 6 Months: EUR 299
  • 12 Months: EUR 499
  • Lifetime: EUR 724 

 

Pro

  • 1 Month: EUR 59 
  • 3 Months: EUR 149
  • 6 Months: EUR 249
  • 12 Months: EUR 449
  • Lifetime: EUR 699 

 

Pro VPS

  • 1 Month: EUR 89
  • 3 Months: EUR 219
  • 6 Months: EUR 399
  • 12 Months: EUR 749
  • Lifetime: EUR 1 149

 

Pros and Cons

 

Pros Cons
Automatic updates and configurations Not cloud based
The user interface is intuitive and simple Background of a non-transparent firm
No mobile app

 

Conclusion

Profit Trailer is a wonderful platform that offers great support. These men “live and breathe PT,” as they put it. It was launched in 2017 by thousands of traders. Profit Trailer has seen remarkable percentage gains in its first two years of existence. It is also the No1 brand for automated trading software for cryptocurrencies. It has a great reputation overall.

 

Profit Trailer works in the most simple of ways. A trading robot is not an all-purpose tool. The bot will not make your trading life easier if you don’t know the basics of how to trade profitably. To fine-tune how the bot works, you will need to modify your configuration files.

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