Profit Trailer Review
Profit Trailer is an advanced and powerful crypto trading bot designed to help traders and investors find profitable cryptocurrencies to invest in. The trading bot was developed in Curacao in 2017 and offers traders an automated trading solution for trading various cryptocurrencies.
Profit Trailer scans the markets and analyses large amounts of data in real time to identify potentially profitable trading opportunities. As soon as a more profitable opportunity is found, the bot automatically executes transactions via the connected exchanges. In this way, Profit Trailer continuously attempts to generate small profits.
The software also offers real-time market notifications and enables the integration of TradingView Alerts to keep traders even better informed. Through automation based on defined strategies and rules, Profit Trailer is designed to support its users in trading cryptocurrencies successfully.
Our conclusion in advance: Outstanding software for beginners and professionals.
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Development and background of Profit Trailer
Profit Trailer was launched in 2017 by a group of developers and crypto enthusiasts in Curacao. The aim was to offer traders a simple solution for automated and profitable crypto trades.
After its initial release, Profit Trailer quickly became very popular in the crypto community. Over time, the software was continuously improved and new functions were added. Today, Profit Trailer is one of the leading trading bots on the crypto market.
The developers of Profit Trailer have years of experience in the field of algorithmic trading. Their know-how and technical expertise flowed directly into the programming of the bot. Profit Trailer is therefore characterised by a particularly sophisticated and powerful trading engine.
Functions of Profit Trailer
Integration of TradingView notifications
One of the useful functions of Profit Trailer is the integration of TradingView Alerts. Traders can set up their own indicators and alerts for price movements via the TradingView platform. These alerts can then be forwarded directly to Profit Trailer.
As soon as Profit Trailer receives a corresponding notification from TradingView, this triggers a trade according to the preset strategy. In this way, external signals from TradingView can be used to further optimise the bot's performance.
This integration makes it possible to combine the analysis functions of TradingView with the automation provided by Profit Trailer. This gives traders even more options for creating customised setups for automated trades.
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Arbitrage trades and crypto exchanges
Trading on different exchanges simultaneously is not trivial with cryptocurrencies, especially if arbitrage trades are to be executed between several exchanges.
Profit Trailer was designed from the ground up so that it can be easily connected to various leading crypto exchanges. The bot accesses the various trading centres via an interface and carries out transactions there.
Profit Trailer scans the markets and prices of the connected exchanges in real time. As soon as price differences between different exchanges present an opportunity for a profitable arbitrage trade, the bot automatically executes the necessary transactions.
This allows Profit Trailer to continuously generate small profits by exploiting inefficiencies and spread differences between exchanges. This arbitrage function is a great added value compared to manually executed trades.
Subscription "Signals Edition" and manual trading
In addition to fully automated trading Profit Trailer also offers the option of a "Signals Edition" subscription. Here, the bot generates trading signals, which the user can then implement manually.
This makes it possible to take advantage of the automatic analysis by Profit Trailer while retaining full control when executing orders. Some traders prefer this in order to further optimise performance.
The Signals Edition combines the best of both worlds: The accuracy and speed of Profit Trailer's AI in identifying profitable setups, and the finesse and control of manual trading.
This means that Profit Trailer and offers solutions for both automated and manual crypto trading.
Profit Trailer Overview
Category | details |
---|---|
Robot type | Bitcoin bot |
Minimum deposit | 250 $ |
Stated win rate | 85 % |
Trading fees | None |
Account management fees | None |
Withdrawal fees | None |
Software costs | 3 Subscription types |
Time frame for payment | 24 hours |
Supported cryptocurrencies | BTC, ETH, USDT |
Native mobile app | No |
Free demo account | Yes |
Customer service | Live chat, online form |
Verification required | Yes |
Automated trading | Yes |
CFD available | Yes |
Robot type and minimum deposit
Profit Trailer is a crypto trading bot that automatically trades Bitcoin and other cryptocurrencies. The minimum initial deposit specified is 250 $.
Profit share and trading fees
According to the manufacturer, the success rate of Profit Trailer at an average of 85 %. The software itself is free of charge and there are no trading or account management fees. However, fees may be charged by the respective exchanges on which trading takes place.
Supported cryptocurrencies and mobile app
Popular cryptocurrencies such as Bitcoin, Ethereum and Tether are supported. There is no native app for smartphones; the software is browser-based.
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Advantages and disadvantages of Profit Trailer
Free version and demo account
A major advantage of Profit Trailer is that there is also a free version with a demo account. This allows the software to be tested with play money without any risk. The demo account includes access to two fully-fledged trading bots, as well as the crypto exchanges Bybit, Poloniex, BitMex, Bittrex and Binance DEX.
Support for several crypto exchanges
Profit Trailer is compatible with all major crypto exchanges and can execute trades on different trading centres. Supported exchanges include Binance, Bitfinex, Bittrex, Kraken, Poloniex, Huobi, KuCoin and many more. This enables arbitrage trades between different exchanges.
No money-back guarantee and expensive subscription
One disadvantage is that there is no money-back guarantee. In addition, the paid subscriptions for the Pro version are comparatively expensive with prices starting at €49 per month.
Markets, assets and options
Trading with various crypto asset classes
With Profit Trailer a wide variety of crypto coins and tokens can be traded, including of course the largest coins such as Bitcoin, Ethereum and Litecoin. However, smaller altcoins can also be traded, provided they are listed on the connected exchanges.
In total, the software offers access to hundreds of cryptocurrencies. In addition to coins, tokens such as ERC-20 based assets can also be traded. It is also possible to trade stable coins such as Tether.
Automation and use of stop losses
Profit Trailer acts fully automatically and also sets stop-loss orders to minimise losses. The software analyses market movements and volatility in order to set dynamic stop-loss levels.
This controls the risk and even in the event of high volatility or flash crashes, the capital invested should be protected by stop losses. This reduces the risk of high losses due to strong price movements in crypto-coins.
Leverage trading and spreads
Margin trading or leveraged products are not supported by Profit Trailer. The provider also does not provide specific information on spreads. These depend on the connected crypto exchanges.
Fees, limits and payment options
Costs and subscription levels of Profit Trailer
Profit Trailer is offered in different subscription levels:
- Basic (€49 per month or €799 one-off payment): Access to signals, demo account, support, 40 indicators
- Signals Edition (from €29 per month): Access to trading signals and exchanges
- Advanced (€69 per month or €999 one-off payment): Access to all features, multiple bots and accounts
Accepted payment methods
Payments can be made by credit card, PayPal or in Bitcoin. This offers flexible payment options.
Fees and commissions
Profit Trailer itself is free of charge. Only the selected subscriptions are subject to a charge. There are no hidden fees or commissions. However, trading fees may be charged by the respective exchanges through which the trades are processed.
The trading platform of Profit Trailer
Functionality of Profit Trailer
The software from Profit Trailer scans the markets for lucrative trading opportunities and then automatically executes trades according to the preset parameters. The aim is to make small profits by constantly opening and closing positions.
The bot does not act arbitrarily, but according to certain trading strategies and indicators such as RSI, MACD, etc. These are defined during setup. These are defined during setup. In addition, stop-loss and take-profit levels are defined to minimise losses and secure profits.
Thanks to fully automated trading, traders do not have to constantly take care of order execution, market analysis etc. themselves, the bot takes care of this. This means that market movements can be traded around the clock without interruption.
Supported devices and crypto exchanges
Profit Trailer is browser-based and can be used platform-independently on a PC, laptop or tablet. There is no native app.
All major exchanges such as Binance, Coinbase, Kraken, Bitfinex, KuCoin, Huobi, Bittrex, Poloniex and many more are supported. Profit Trailer can access these and trade there automatically.
Availability and language support
The interface is currently only available in English, other languages are not supported. According to the website, the bot can be used from any country in the world, although the usage options and regulations vary depending on the region.
To the Profit Trailer website "
Key features of Profit Trailer
Market surveillance and trade indicators
Via the dashboard-like user interface of Profit Trailer all current trades and positions can be monitored in real time. This allows performance to be monitored and optimised.
Numerous indicators and charting tools are available for analysis. This makes it easier to assess the market environment. A total of over 40 different indicators are offered, for example MACD, RSI, Bollinger Bands, Moving Averages, etc.
Strong community and member support
Profit Trailer has a very active and committed community with tens of thousands of members. Strategies are discussed and tips exchanged in forums and groups.
Users also receive support directly from the development team. They answer questions and help traders in real time. This creates a strong community and valuable exchange for users of the software.
Security and regulation of Profit Trailer
Reliability and security of Profit Trailer
Profit Trailer is operated by the company "Profit Trailer BV" based in Curacao and is officially registered there. The software is considered reputable and uses modern encryption and other security measures to ensure secure and smooth operation.
Tens of thousands of retailers already trust Profit Trailer. High user numbers and positive reviews speak in favour of the seriousness of the offer. Nevertheless, every interested user should carry out further research on their own.
Protection of data and money
Personal and financial data is protected by SSL encryption. Profit Trailer itself does not manage any user funds, as trades are processed directly via the exchanges. The security systems of the respective trading platform are used here.
Modern exchanges such as Coinbase, Bitstamp or Kraken offer extensive security measures so that money can be stored there securely. The use of two-factor authentication and hardware wallets is also recommended.
Regulation and account verification
Profit Trailer has a registration in Curacao. Verification of the user account with Profit Trailer is not required. However, traders must register and verify themselves with the respective exchanges on which they wish to trade. This is a prerequisite for trading.
Additional information on Profit Trailer
Learning materials and tools
There are various tutorials and instructions on the website to familiarise yourself with how Profit Trailer to familiarise yourself with the market. However, additional analysis tools are not offered; here you have to fall back on the possibilities of the respective exchanges.
Customer support and contact options
Customer questions can be clarified via live chat or by opening a support ticket. According to the provider, support is always available promptly in several languages.
There is also a wiki page and an active community that can help with problems or questions. Overall, the support and documentation make a solid impression.
How to get started with Profit Trailer
Account opening and subscription choice
To get started, you must first create a free user account on the website. You then have the option of taking out a paid subscription to gain access to all functions.
Once the payment details have been entered, registration is complete and the bot is ready for use. No further verification is required.
Define settings and start trading
The desired settings and parameters must be defined before automatic trading can begin. This includes:
- Selection of trading exchanges
- Configuration of the trading pairs
- Definition of the trading strategy
- Setting stop loss and take profit
The bot can then be activated with one click and starts trading automatically according to the specifications. All activities can be monitored in real time via the dashboard view.
Alternative trading bots
Top 10 trading bots 2023
- Bitcoin Up
- Bitcoin Era
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- Yuan Pay Group
- Immediate Edge
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Ratings and tests from other bots
In addition to Profit Trailer, there are also other recommendable and reputable trading bots for crypto trading. Particularly noteworthy here are:
- Bitcoin Era - Offers similar trading automation and also achieves high win rates in tests.
- Bitcoin Prime - Intelligent trading software with sophisticated strategies and customised settings.
- Immediate Edge - An innovative bot with advanced AI for precise and lucrative crypto trades.
Independent tests and user reviews prove the reliability and profitability of these recommendable alternatives.
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Conclusion: Profit Trailer in the 2023 test
Profit Trailer Review and recommendations
Overall, this makes Profit Trailer made a very good impression in the test. The software enables the fully automated execution of lucrative crypto trades and is characterised by a powerful engine and a wide range of features.
The broad support of all major exchanges and the innovative arbitrage and signals functionality are advantageous. It is easy to use and the concept works.
Inexperienced traders should find it easy to get started thanks to good explanations and a demo account. Advanced users, on the other hand, will appreciate все fine-tuning and customisation options of the software.
Overall, Profit Trailer is a recommendable and reputable solution for automated crypto trading. However, in addition to the positive practical test, interested parties should also take a closer look at the provider themselves and make an informed decision about the pros and cons.
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.