Profit Maximizer Review
Profit Maximizer is an automated trading software that analyses the cryptocurrency markets and uses the information to place trades. The Profit Maximizer Robot uses statistical algorithms to perform fundamental and technical analyses to predict profitable trades. It then places Profit Maximizer automatically generates an order to open or close a trade in a digital asset and executes it within seconds.
In addition, experienced traders can place their trades according to predefined criteria. Traders can specify details such as the cryptocurrency value, stop loss, profit, etc. in the robot's software. The crypto bot constantly searches the market according to the criteria set by the trader. It automatically executes the trade when the specified parameters are reached.
Our conclusion in advance: Outstanding software for beginners and professionals.
To the Profit Maximizer website "
How does Profit Maximizer work?
The Profit Maximizer trading platform works with licensed brokers to facilitate CFD trading on the cryptocurrency markets. All operations for opening and closing trades take place directly on the broker's platform. The software from Profit Maximizer is connected to the broker via an API. The bot sends signals to the broker via the API and the trades are executed automatically from the broker's platform.
Trading platform
Supported cryptocurrencies
The leading cryptocurrencies can be traded on the automated trading platform from Profit Maximizer are traded. These include
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoins (LTC)
- Ripple (XRP)
- Bitcoin Cash (BCH)
Fees and costs
On the official website of Profit Maximizer claims that there are no costs or fees for using the services of the cryptocurrency robot. However, you must register with one of its partners in order to use the software. These cryptocurrency trading brokers usually charge a commission of 2 % for every buy and sell.
Success rate and minimum deposit
According to the website of Profit Maximizer the success rate is an impressive 94.5%. A minimum deposit of 250$ is required to use the software.
App and payout speed
Profit Maximizer has a mobile app that can be used on any smartphone or tablet. The trading platform can also be accessed via desktop computers and laptops. According to the website, withdrawals are possible within 24-48 hours.
Demo account and leverage
One of the best features of the robot Profit Maximizer is its free demo account. Traders can test all functions risk-free before investing real money. High leverage of up to 1:1000 is also offered.
Customer service and inspection
Profit Maximizer offers support via email, phone and live chat. Verification is required to log in.
To the Profit Maximizer website "
Trading opportunities
Assets and products
With Profit Maximizer it is possible to trade Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash. CFDs are offered on the digital assets.
Payment methods
The following payment methods are accepted on the platform:
- Credit card
- Debit card
- Bank transfer
- Skrill
- Neteller
- Bank transfer
- Webmoney
Trading with leverage
Yes, when trading with Profit Maximizer leveraged trading is possible. According to the information on the website, leverage of up to 1:1000 can be used. This enables trading with larger positions.
Long and short positions
Both long and short positions can be realised with Profit Maximizer can be traded. Long means that you are betting on a price increase. Short means that you want to profit from falling prices.
Functions
Advanced trading system
Profit Maximizer was programmed by experienced developers and traders. The use of state-of-the-art technologies enables fast and accurate execution of trades.
Trading with leverage
Through partnerships with brokers Profit Maximizer a leveraged trade with up to 1:1000 can be carried out. This enables higher profit opportunities.
Profit Maximizer free demo account
With the free demo account from Profit Maximizer retailers can test all functions risk-free. This allows you to familiarise yourself with the processes without stress.
Use CySEC-regulated brokers
Profit Maximizer only works with reputable and regulated brokers. Many partners are licensed by the Cyprus Securities and Exchange Commission (CySEC).
To the Profit Maximizer website "
Safety and protection
Is Profit Maximizer safe to use?
Yes, according to our research Profit Maximizer safe to use. The platform has SSL encryption and other security measures. In addition, only regulated brokers are accepted as partners.
Is the Profit Maximizer regulated?
Profit Maximizer itself is not subject to any regulatory standards. However, the partner brokers are strictly regulated and hold licences from the renowned CySEC supervisory authority.
Is my money protected with Profit Maximizer?
As with Profit Maximizer is deposited directly with the brokers, their protection mechanisms apply. In the event of insolvency, compensation of up to EUR 20,000 is possible through the deposit protection scheme.
Registration and verification
Who is the owner of Profit Maximizer?
The developers of Profit Maximizer do not use their real names, which is common in the crypto industry. According to our research, the platform is backed by a team of experienced developers and traders.
Registration and verification process
Registration takes place via the website of Profit Maximizer. Personal data and an e-mail address must be entered here. Verification via a link in the e-mail is then required. Only then is access to the member area possible.
Start trading
Create an account with Profit Maximizer
The first step is to register free of charge on the website of Profit Maximizer. You only need to enter a few details such as your name and e-mail address.
Make a minimum deposit of $250
After registration, a one-off payment of at least 250$ must be made in order to start trading. This will be credited to one of the partner brokers.
Set up your Profit Maximizer trading system
All parameters for the trading robot can now be set in the user account settings. Profit Maximizer are defined. These should definitely be checked before starting.
Customise settings for risk management
Stop-loss and take-profit values can be defined to limit the risk of loss. The maximum investment amount per trade should also be chosen conservatively.
Start investing with Profit Maximizer
Once the account has been set up, automatic trading with real money can be started. It is advisable to start slowly and monitor the results.
To the Profit Maximizer website "
Rumours and facts
Has Profit Maximizer been endorsed by celebrities or appeared on television?
No, there is no reliable evidence that Profit Maximizer was advertised by celebrities. Television appearances have also not been verified.
Dragons Den and Profit Maximizer
There is no credible evidence that the programme Dragons Den was ever Profit Maximizer has presented. This is merely an unsubstantiated rumour.
This Morning and Profit Maximizer
Also reports that Profit Maximizer presented on the This Morning programme are false. The presenters never mentioned or recommended the crypto robot.
Jeremy Clarkson and Profit Maximizer
Contrary to some claims, the well-known presenter Jeremy Clarkson Profit Maximizer never publicly recommended. This is false information.
Alternatives to Profit Maximizer
Bitcoin Bank
Bitcoin Bank is a trading platform that specialises in Bitcoin trading. It is one of the leading crypto bots on the market.
Immediate Edge
Immediate Edge is a trading software that uses modern technologies such as machine learning to execute automated trades.
Immediate Granimator
This bot combines artificial intelligence and natural language processing to generate and execute profitable signals.
Ethereum Code
With Ethereum Code, trades can be executed fully automatically on the Ethereum blockchain. The software is considered to be very user-friendly.
Immediate Connect
Immediate Connect is characterised by its easy adaptability to various cryptocurrencies and exchanges. This bot also works fully automatically.
Tips for beginners
Familiarise yourself with the trade
Beginners in particular should take time to understand how the crypto markets work. A solid basic knowledge is essential here before using a bot like Profit Maximizer used.
Understand the cryptocurrency space
Cryptocurrencies are a very volatile and risky investment area. Beginners should therefore familiarise themselves intensively with the subject matter.
Use the demo account to practise
With the demo account from Profit Maximizer you can practise trading without stress. You can test the software first without risk.
Try it with small amounts
It is advisable to invest only very small amounts at the beginning. This allows you to gain initial experience without having to risk high losses.
Only invest what you can afford to lose
In general, you should never invest more in cryptocurrencies than you could lose. The use of trading bots is associated with risks.
To the Profit Maximizer website "
Final judgement
After all the information we have gathered and intensive research, our final judgement is as follows Profit Maximizer:
Thanks to its innovative algorithm and connection to regulated brokers, the automated trading software makes it easy to get started in cryptocurrency trading. Especially for newcomers Profit Maximizer This makes it a great way to gain initial experience in the volatile crypto markets.
The free demo account allows you to test the functions without risk. However, if you then want to trade with real money, caution is advised. When staking larger sums, you should be fully aware of the processes and risks.
Overall Profit Maximizer is a recommendable and reputable trading solution for the cryptocurrency market. Beginners can use the service to slowly get to grips with automated trading. Advanced users can use the software to supplement their portfolio.
Simone Aescher is the founder and operator of the successful crypto blog aescher-ai.ch.
After studying business administration at the Frankfurt School of Finance, she gained over 5 years of professional experience in the financial sector. However, her passion has always been the financial markets and investments.
In 2019, Simone Aescher finally turned her hobby into a career and founded her blog. She shares her in-depth knowledge of shares, ETFs, cryptocurrencies and much more.
As an active trader, Simone is constantly testing new brokers, robo advisors and trading apps. With her honest product reviews, she helps her readers to separate the wheat from the chaff.
With her academic background, many years of experience and practical expertise as an investor, Simone Aescher combines the ideal prerequisites for competently analysing and evaluating the financial markets.