In this post I will review the ProfitTrailer crypto trading robot that can trade automatically on behalf of crypto traders around the globe. This crypto trading automation software assists day traders by automating simple trading procedures in order to try and reduce the total time users need to spend going through various cryptocurrency exchanges. In this ProfitTrailer Review, I will take a look at what it as and some of the key features to help you decide if it is something that you would like to explore in further detail. Now without further ado, lets get right to it!
What is ProfitTrailer?
ProfitTrailer was started in September 2017 and is a crypto platform that lets you automate your crypto trading so that you can use automated strategies which run 24/7 around the clock. You can connect your exchanges with a number of popular options available through the platform and setup your trading robots, trading strategies and manage your crypto assets. It allows you to conveniently access and manage everything in your crypto portfolio from one place.
The automated nature of the ProfitTrailer software does mean that users can go about their daily business whilst all of their crypto analysis and trades are handled for them. This makes ProfitTrailer accessible to users of all experience levels, without years of studying or practising trading online needed.
However, as with all trading robots and even manual trading strategies, there can be no guarantee of future results. The ProfitTrailer bot is available on Windows, MacOS and Linux. The GUI can be used on all devices that are connected to internet.
ProfitTrailer Features
Let’s take a closer look at some of the key ProfitTrailer features and some of the benefits of each.
Platform
The ProfitTrailer platform has an intuitive and modern dashboard where you get a full overview of your trading activity and robots. You can view your crypto assets, buy or sell positions, setup dollar cost averaging (DCA), configure settings and custom the platform according to your own trading preferences.
Trading
ProfitTrailer implements a good selection of more than 40 built-in indicators with the ability to process your TradingView alerts through an addon. Despite this, there are more in-depth platforms and automated crypto software that does the same thing, but better.
Community
There is an active online community that are dedicated to the ProfitTrailer platform. Users can share and discuss trading strategies and customised settings. You can also get direct help from the team of dedicated support staff.
What crypto exchanges can I use?
ProfitTrailer supports a range of crypto exchanges and brokers including Binance, Coinbase, Oanda and more. They are continuously adding partners for users to connect to, so make sure you have a look on the website for the latest available exchanges.
How much does ProfitTrailer cost?
You can choose from a variety of packages depending on your individual requirements. Prices start from €30/month with the main differences being how many robots you can run, the number of indicators you can use and the amount of configuration that you can store. Users can purchase a monthly subscription or save on the price by subscribing to a long-term package.
They also offer a free version if you sign-up to a specific exchange. Free versions come individually for paper trading. You can check the official website for the latest packages, pricing and terms.
The options currently available are as follows:
Signals Edition
- From €30/month
- Live Support on Discord
- Run 2 bots
- 3 Stored Configurations
- Only Signal Indicator
- Advanced Paper Trading
- Signals Subscriptions
- 2 Months Free TV Addon
- 2 Months Free Signals
Basic Edition
- From €49/month
- Live Support on Discord
- Run 2 bots
- 5 Stored Configurations
- 40+ Buy-Sell Indicators
- Advanced Paper Trading
- Signals Subscriptions
Advanced Edition
- From €69/month
- Live Support on Discord
- Run 2 bots (3 lifetime)
- 10 Stored Configurations
- 40+ Buy-Sell Indicators
- Advanced Paper Trading
- Signals Subscriptions
- Advanced Notifications
- Advanced Stats
ProfitTrailer Conclusion
Putting everything we have learned together, there is certainly some potential with ProfitTrailer when it comes to automating trading strategies across popular crypto exchanges. It has a range of fully customisable features and a user-friendly interface which makes it simple to get setup. There is an active and official Discord community, as well as a private Telegram group and a subreddit with a few thousand members at this time.
I would put this cryptocurrency robot up there with some other popular automated crypto trading platforms such as Quadency, Coinrule, Shrimpy, Zignaly, CryptoHero, Mudrex, Centobot, 3Commas, Trality, Bitsgap, Cornix, HaasOnline, Gunbot, Cryptohopper, Trade Santa, Stoic and Pionex.
I feel that whilst others have moved on in an ever-changing industry, ProfitTrailer are getting left behind and could implement more innovative features in order to be more competitive and remain somewhat relevant.
ProfitTrailer
€30
Pros
- Crypto trading platform
- Automated crypto trading robots
- Connect to multiple crypto exchanges
- 40+ technical indicators
- User-friendly platform
- Online community
- Various packages available
- Customer support team
- Dollar cost averaging (DCA)
- Limited free version
Cons
- Signals subscription not the cheapest
- Information a bit scattered
- Not cloud based
- Not as many features as some competitors
- Time consuming to learn
Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.
