Profit Trailer is a self proclaimed Bitcoin trading bot. If you want to learn about this app and whether or not it is a good fit for your trading needs, this review of the Profit Trailer will help you make an informed decision. On their about us page, the website talks about their service in a vague manner. For example, there is no information about their company or even the service which they offer. In no time, we find broken links on images and text that lead to nowhere. Not only is this a red flag, but it comes across as unprofessional.
In another part of the website, they claim that Profit Trailer was launched in September 2017 and has managed to take the Crypto currency community by storm. This is something that we could verify for ourselves because the internet never hides the truth. So actually we could not find any evidence of the existence of this service prior to the year 2018. In fact, there are no customer reviews prior to this time. This means that Profit Trailer was not launched in this year as proclaimed by the sales page.
Having said this, we are interested in find out whether this bot has documented history of performance and whether there are actual users who have taken advantage of the service to make the alleged profits. In the meantime, you can make use of these highly recommended automated trading apps. The reason why we believe in these apps is that not a single trader has raised any serious issues with the apps. We have also tested them and found that the bots are very reliable in terms of how they make profits each month.
Profit Trailer is allegedly the most powerful Crypto currency trading bot that works round the clock 24/7. The developer claims that it can be used to trade in multiple Crypto exchanges (Binance, Huobi, KuCoin, Bittrex & Poloniex) using one license only. The bot is allegedly designed to buy and sell using many different trading strategies. The trading strategies which the vendor mentions are not really trading strategies but indicators such as BB, EMA, SMA, DCA, RSI, STOCH and MACD. If you have ever traded the money markets before, you already know that these trading indicators can be used for free on a platform like MT4 and MT5 since you only need to load them on the charts and you are good to go. Once they point in the same directions, you can execute a trade. This is not a reliable way of trading though and if a bot uses this method to executes trades, it is definitely going to lose your money.
So we definitely don’t like the algorithm because it lacks real strategies for trading. We expected the developer to reveal something unique with regards to how they approach the Crypto currency market with this bot. They also claim that with the Profit Trailer bot, users can gain access to a community of traders. These traders are allegedly entrusted with the role of discussing various trading strategies and how users can get the most out of the Profit Trailer. The other feature of this robot is something that has to do with trend following. The developers believe that this bot can make us money even in our sleep.
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Based on this list of features, the developers believe that this robot is the most powerful bot in the world. This is an overstatement and we are only wondering whether the developer is able to back their statement using documented proof of performance or at least through some live user accounts. If we can see the performance of this robot on some user accounts, we can get persuaded that Profit Trailer is the real deal.
The GUI can be used with all devices as long as there is an internet connection. The bot is compatible with Windows, Mac, and Linux devices. One of the outstanding features of this robot is that it provides access to an intuitive interface where traders can monitor their trades and even see their progress in real time. The configuration settings allow traders to adjust settings. It is also where the robot suggests potential buy trades. The pair section is where traders can see a list of their coins which they previously bought.
This a subscription based product but if you want to purchase a license for life, there are two options which you can choose from. Monthly subscription starts at €39 and €54 respectively. If not, traders can make a one time payment of €499 or €724 depending on the features of the product which they are interested in. The price difference is based on the features that the bot can let you access. Both plans allow access to all Crypto currency exchanges. They provide 24/5 customer support, 2 API key slots, 5 config saves, multiple buy sell strategies, premium trading settings, advanced paper trading, signal subscriptions and much more. However, the reason as to why the second plan is quite expensive when purchasing in one time payment is because it comes with a premium VPS service in addition in addition to pre configured settings.
Is this worth the extra cost? We believe that this robot is not even worth the price of their first plan. The reason is as follows:
Despite the Profit Trailer sounding like a premium trading bot, we have one reason why we believe this is not the best investment. It would have been better for the developer to provide a few days of free trial so we can test the quality of the bot’s performance. At the moment, there is no way to figure out the performance of the bot. We need to see proof of performance in form of trading statements from active users. These can be posted on the website for further scrutiny.
We are not going to recommend the Profit Trailer. At this time, we are advising that you should stick with these Bitcoin bots until further notice.
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