- Start Investing with $25
- 75% Trade Accuracy
- From $4500 in Monthly Profits
- Suitable for Beginners
- EU-based Broker
- Passive Income Opportunity
- No Mobile Platform
What is CryptoSoft Trading Robot?
As cryptocurrencies went mainstream, many individual investors took the opportunity to profit from this new and hugely popular asset class and joined the crypto market. While there is a large number of trading venues available for professional cryptocurrency investors, many people who make their first steps in trading and have no previous investment experience might be left out. But with the development of technology and services such as CryptoSoft trading robot, they can now also join the game and start making money by investing in cryptocurrencies. In this CryptoSoft trading robot review, we are going to explain how ordinary investors can start trading cryptocurrencies on autopilot and generate passive income.
CryptoSoft is an automated trading system that allows investing in cryptocurrencies on autopilot. It is essentially a computer program that runs technical analysis on the price of Bitcoin, Ethereum and other cryptocurrencies. Based on technical indicators and short-term price moves, it then provides Buy or Sell trade signals and also sends orders to the trading venue on your behalf. That means that once you start trading, you can leave your computer and don’t have to be in front of the screen all the time. The computer will be placing orders according to your trading strategy.
Cryptocurrency trading robots such as CryptoSoft allow investors to generate passive income and run their trading operations on auto-pilot, 24/7, removing any human emotions or behavioural bias. Many investors are reporting that they are able to generate up to $5,000 in passive income per month with a very small initial investment of time and money. So can this be true or this is another scam? Read further to find out…
CryptoSoft Trading Robot Features
Many people who do not have experience in trading still do not believe that it is possible to trade on autopilot. However, automated trading systems, or trading robots, have been used by many professional investors for many years and funds that specialize in algorithmic trading are one of the most profitable ones. But recent developments in technology have made many solutions accessible to the general public and trading robots is one of them. So how do they work and how you can make money with them?
CryptoSoft trading robot is designed to perform technical analysis of the cryptocurrency market and make Buy or Sell recommendation based on short-term market trends. CryptoSoft robot holds trading positions for a very short period of time (from a few seconds to minutes) and as soon as the profit target is reached it closes the position. Its goal is not to make a large profit on one trade but to make a small profit on each trade. The trading strategy works well when you place a large number of small trades and make more winning trades than losing ones consistently on a daily basis. The strategy also benefits more from the price volatility (when the price is going up and down a lot) rather than from a strong upward or downward trend which also makes a perfect fit for cryptocurrencies.
With CryptoSoft trading robot you can start investing with as little as $25 and trade Bitcoin, Ethereum, Litecoin and Ripple. The program also helps you to mitigate risk and has a very useful stop-loss feature which could be quite handy if the trade is going in the opposite direction.
One of the key advantages of the CryptoSoft trading robot is that it is very easy to use and start trading. It has an intuitive user interface and everything is pre-programmed for you. All this makes CryptoSoft a perfect fit for those who are making their first steps in cryptocurrency investing.
For trade execution, CryptoSoft trading robot works with a number of CFD brokers which brings a number of advantages. CFD brokers have been extremely popular among individual investors, especially those who trade Forex for a number of reasons. Usually, when you buy Bitcoins or other cryptos on the exchange, you will have to pay the full price for an underlying asset. That means all this money will be locked and you won’t be able to use them. When you invest with the CFD broker, you don’t have to buy an underlying asset but you essentially betting on the price move and therefore need to put enough money only to cover the spread or the price difference. That is why it is called Contract for Difference (or CFD). CFDs are not good for investing long term but are a perfect instrument for day-trading. With CryptoSoft and it’s CFD brokers you can start investing in cryptos with as little as $25 per trade and $100 minimum deposit. But you still benefit from the full price upside and because of such small minimum trade amount, your effective return on investment turns out to be considerably higher.
Depending on your geographical location, CryptoSoft will connect you to the best CFD broker available in your country. In our case, we have been trading with the Swiss Capital, a specialized cryptocurrency CFD broker registered in Estonia, European Union Swiss Capital offers a professional trading platform with many useful features and you can invest in Bitcoin, Ethereum, Litecoin, Ripple and other major cryptocurrencies.
How to Start Investing with CryptoSoft Trading Robot
As we mentioned before, the good thing about CryptoSoft is that it is very easy to use and start trading. The account registration process takes a few minutes to complete and you can start investing in cryptocurrencies in 3 easy steps.
Step 1 – Open Free Account
To register with CryptoSoft you need to provide your full name, email address and telephone number. Once your account is opened, you will be able to log into the trading room which you can see in the screen below. CryptoSoft will also automatically open an account with the CFD broker for you so you don’t have to go through this process twice. Soon after you provide your details, a customer service representative from CryptoSoft will give you a call to help with the final account set up and take you through the investment process. We found this to be quite useful so make sure you don’t make any typos when providing your contact details.
Step 2 – Deposit Funds
Before you can start investing, you will also need to deposit some funds with the broker and the minimum deposit is $100. You can do this by using a debit or credit card, bank transfer or a number of other popular payment systems. The funds can be deposited in EUR or USD. You will also need to complete the KYC process with the broker by providing a copy of your passport and proof of address. This is where we found speaking to customer services representative to be quite useful as we have been guided through the process and he also helped us to resolve some minor technical issues.
Step 3 – Adjust Settings and Start Investing
When the funds are cleared on your account, which in ou case was done very quickly, you can make your first trade. Before that, you might want to adjust some trading settings to suit your strategy and style. You can choose Trade Amoun, Trade Profit, Daily Take Profit and Daily Stop Loff, maximum Number of Concurrent and Daily Trades. You can also choose which currency pairs you want to trade, BTC, ETH, XPR or LTC against USD or EUR.
You also have an opportunity to test the CryptoSoft trading strategy in a simulated environment with $1,500 in virtual cash. We had CryptoSoft robot running for about two hours and made $1,525 in profit with 70% trade accuracy. We traded in normal market conditions with moderate price volatility and have been satisfied with such performance. You can always run trading in a demo account to test how CryptoSoft strategy will perform in different market conditions.
Is CryptoSoft Trading Robot Scam or Legit? Our Verdict
After completing this CryptoSoft review, we can say that this is a legitimate trading robot and you should be able to generate passive income with it. CryptoSoft trading platform is ideally suited for beginner investors as it is very easy to set up and start running. You can invest in four major cryptocurrencies and, as our trading results show, make a considerable profit. While Swiss Capital, a CFD broker that CryptoSoft is working with for UK-based clients is not regulated, we don’t see it as much of a problem. Cryptocurrencies are unregulated asset class and so it’s market participants. Also, Swiss Capital is based in Estonia which is part of the EU which gives us some additional comfort. But we have searched the internet for negative reviews and could not find many. There were few customers complaining about technical issues that they had, but we have not seen any scam reports and negative publicity.
Our overall experience with CryptoSoft and we can definitely recommend this trading robot, especially to those cryptocurrency investors who are making their first steps in trading.
Can I Make Money with CryptoSoft Trading Robot?
This is the most common question everyone is asking us about CryptoSoft and other similar trading robots. Can I make money with it? How much? The answer to this depends on a number of factors such as general market conditions and trends, price volatility, your risk appetite and how much have you invested initially. Most of the investors report 2-3% in daily profits (or 30-45% monthly) when investing with trading programs such as CryptoSoft in normal market conditions. The average trade accuracy is 70-85% and usually, you will have 7 or 8 winning days out of 10. Many investors say that with CryptoSoft they are able to generate up to $4,000 in passive income per month with minimum initial investment or time spent required. Of course, you can not expect to make money 100% of the time and need to remember the risks involved. Please never invest more than you are prepared to lose and trade responsibly. If you are making your first steps in investing, we also recommend start trading with smaller amounts and get yourself familiar with the markets first.
CryptoSoft Trading Robot Review – Conclusion
We have completed this CryptoSoft trading robot review to show you how to start investing in cryptocurrencies on autopilot. If you are a beginner and just making your first steps in trading – CryptoSoft could be a perfect option for you. Its professional trading platform, robust trading strategy, fast execution speed and automated trading system will put you in the same league with many professional cryptocurrency traders who invest in Bitcoin for a living. You can start investing with as little as $25 per trade and still get the full upside. Of course, CryptoSoft platform is not ideal and there are a number of things that can be improved. It would be good to have more cryptocurrency pairs to trade and a bit more customisation options for the trading strategy would have been useful. There is also no mobile app available yet. However, we totally understand that the crypto market, in general, is very young and there is a lot of development is going on on all fronts, so things should be improving.
But at the moment, CryptoSoft trading robot does what it says on the tin. CryptoSoft allows you to invest in cryptocurrencies on autopilot generating profits in different market conditions. CryptoSoft trading robot is ideally suited for beginners and you can start investing with as little as $25 per trade. It’s trading strategy performs well and trade accuracy is pretty high (70-80%). The profit of £1,525 on our account after two hours of trading supports that claim.
We would be delighted to hear from our readers about their experience with CryptoSoft robot and their trading results. Please send us your feedback directly or leave it in the comments section below. We would love to hear from you!