A Comprehensive Review of Profit Revolution – Is It Legit?
A Comprehensive Review of Profit Revolution – Is It Legit?
If you are considering moving into the Bitcoin market and investing in cryptocurrency, you may have thought about trying an auto trading service like Profit Revolution. These platforms are built on a promise to help you invest in Bitcoin and make a passive income allowing you to take advantage of the crypto market and discover the wonders of digital currencies. However, auto trading can be hazardous and often does not work out how you’d hoped.
Within this article, we’ll look at Profit Revolution from detailing its key features and pros and cons to everything else you need to know before signing up for the service.
Is Profit Revolution an auto trader you can trust? Or are you likely to lose your money?
Read on for more information.
What is Profit Revolution?
Profit Revolution is an auto trading platform designed to take your deposited funds and invest them in the cryptocurrency market to make profits as the price of Bitcoin rises.
The platform uses AI-powered trading bots to make these trades. This technology analyzes trends and crypto prices, judging when the market is best suited to buy or sell cryptocurrency. In short, the robot will purchase Bitcoin at a low cost and then sell for profit later.
That being said, you must remember that cryptocurrency is still a new concept, and the market is very volatile. However, on its homepage, Profit Revolution encourages you to take a chance on the crypto market, arguing that trading apps make Bitcoin trading more efficient and easy to understand.
With its ease of use, new users may assume that they do not need a lot of knowledge to start investing their money in the market. However, it is important to note that trading Bitcoin comes with an enormous amount of risk, and your trades are highly unlikely to pay off. It is important to exercise caution before you sign up to this type of service — particularly if you are offered things like high leverages or cannot verify the reputability of the trading service’s partnered brokers.
What assets and products can you trade using Profit Revolution?
Profit Revolution lets users trade in numerous cryptocurrencies including Bitcoin — the most popular cryptocurrency available today. However, you can also invest in the likes of BCH and Ethereum.
What leverage trading options are there?
If there is one thing you can expect on an auto-trader like Profit Revolution, it is high leverage options. After some research, we found that Platform Revolution regularly offers investors up to 1000:1 leverage on their deposits. On the surface, this looks like a great way to maximize profits and gain a foothold in the crypto market. However, in our experience, only unregulated brokers will offer such a large leverage option. In addition, betting that much money is asking for significant losses that may leave you in severe financial trouble. We recommend caution before you use this service.
Why is that? Let us explain.
When a trader offers leverage, they are providing a loan through which you can invest in cryptocurrency. If they offer a 1000:1 leverage (like Profit Revolution), you can invest 1000% more than your deposited funds. So, if you deposit a minimum of $250, you can trade $250K for Bitcoin. You are borrowing a great deal of money to earn a big profit potentially. That being said, you should remember that auto trading is risky and doesn’t work out for everybody, particularly if you do not know what you are doing. When a company offers a massive leverage, you may want to steer clear. We recommend that you only invest what you can afford if you want to avoid financial difficulty.
What are the spreads?
As stated, the cryptocurrency market is both volatile and unpredictable. You should expect the Profit Revolution spreads to fluctuate. In addition, different brokers will offer different buying and selling prices, so expect varying pip values when you use this auto trading platform.
Fees, limits, and payment options on Profit Revolution
How much does Profit Revolution cost?
Like many other auto trading bots, Profit Revolution offers free sign up. However, once you have verified your account, you need to pay a minimum deposit of $250. The platform then uses these funds to start investing in cryptocurrency. This is a requirement for all users.
What are the payment methods accepted by Profit Revolution?
You can deposit your funds on Profit Revolution through various payment methods. These include:
Does Profit Revolution also charge fees and commissions?
Profit Revolution does not have any service charges when you deposit into your account. However, the platform does charge a small commission when you make a profit on your investments.
Profit Revolution trade sizes and limits
Profit Revolution had a minimum trade size of $250. However, we could not find any information on the maximum trading limit. Therefore, you can invest as much as you can afford. However, as we have mentioned, you need to remain careful if you want to try auto trading. This is a notoriously unreliable way to make a profit in the market with plenty of risks. Therefore, if you’re going to use this service we advise you to stick to the minimum limit to get started.
Profit Revolution is an auto trading service built on AI tech that invests your money into the cryptocurrency market based on contract for difference (CFD) trading. It is a very speculative way to invest your money.
Profit Revolution’s AI looks for low-priced cryptocurrency shares. Once Bitcoin prices rise, the platform will then sell your stock, hopefully for a profit. The service will hold your funds until it believes the time is right to sell up. Please keep in mind that while this may sound straightforward, auto trading is often too good to be true. These types of platforms will usually make auto trading sound like a great way to make money easily. However, due to the risks involved, you face a very real possibility of making a significant loss.
On their site, Profit Revolution tries to distance itself from scammers and promote the benefits of investing in Bitcoin responsibly. However, we have found very few testimonials to support their optimism. Sure, the bots can analyze market information much faster than you could manually, but we would not trust them to help you make a profile. With auto trading, there is a likely possibility that you will make a significant loss on your investment, particularly when high leverages are involved.
What devices can I use Profit Revolution on?
You can use Profit Revolution on various devices as long as they have access to an internet browser and wifi. This includes:
Which exchanges and brokers does Profit Revolution partner with?
Unfortunately, we had a hard time finding any substantial information regarding the exchanges and brokers who partner with Profit Revolution. However, if the leverage rates are anything to go by, we expect many of these brokers are unregulated, and you are highly unlikely to earn a profit.
Can I use Profit Revolution in my country?
You can use Profit Revolution in any country where CFD trading is legal. These countries include:
Unfortunately, this means Profit Revolution is unavailable to investors in the United States.
Is Profit Revolution available in my language?
Profit Revolution can be viewed in several languages, selected from a dropdown menu at the top of the page. These include:
Italian and more
How easy is it to use Profit Revolution?
While we distrust auto trading as a profitable means, we have to concede that Profit Revolution does feature an intuitive and straightforward user interface. In addition, account registration does not take very long. Also, the site provides a free demo to help you get acquainted with the system before investing your money.
Profit Revolution offers many features to entice investors into using their platform. These include:
Customer Support: During our research for this review, we discovered that Profit Revolution’s customer support is attentive and geared towards ensuring you use their service through anyone. For example, when you make your account, you’ll be contacted by a representative to finish your registration. If you miss the call, you can expect your phone to continue ringing until you answer. In addition, you can also contact the support team via email or live chat.
Low Deposit:Like many other auto traders, Profit Revolution offers a very low minimum deposit of $250.
Demo Account: Profit Revolution also offers a demo version of their platform to help you get accustomed to the live trading experience before you start investing with real money.
While there are plenty of Profit Revolution reviews and testimonials online, many seem to be fabricated to acquire new users. In addition, the high leverage rates make you question the validity of the platform and whether you can make a profit.
Is Profit Revolution safe?
Profit Revolution is safe in the sense that it uses SSL encryption to protect your personal and financial information. However, there have been cases of fake reviews (which can be viewed here). Also, due to the high leverage rates, we cannot make any promises that your investment will be safe, you could easily lose a lot of money very quickly.
Are me and my money protected?
It is important to remember that auto trading bots like Profit Revolution do not hold your funds. Instead, your funds will be stored by one of their brokers, which is why you should look for a reputable trader who is regulated by the relevant authorities. This is the best way to ensure your money is protected.
Is Profit Revolution regulated?
There is very little information regarding whether Profit Revolution works with regulated traders. The high leverage rates are suspicious. When in doubt, look for traders regulated by CySec, FCA, ASIC, and FSB.
Do I have to verify my account with Profit Revolution?
Yes, when you create your Profit Revolution account, you’ll have to supply the relevant know-your-customer (KYC) documents to provide proof of identity and address.
Profit Revolution offers a free demo to help you use their platform. It also has plenty of information on cryptocurrency on its homepage, as well as an FAQ section.
Tools and charting
Profit Revolution has numerous charts and metrics that help denote cryptocurrency market movements and projects. It also has plenty of tools and parameters to customize your experience, so you know exactly what you are investing in.
Profit Revolution has a customer support service that can be reached by email or live chat 24/7.
How to get started with Profit Revolution
Registration: Registration is relatively straightforward on Profit Revolution. Simply fill out the sign-up form, and you’ll be contacted by a representative who will help you through the verification process.
Make a Deposit: Once you create your Profit Revolution account, you are required to pay $250 into your wallet so you can invest in Bitcoin. Of course, you can deposit more if you wish, but we recommend that you stick to the $250 and stay away from any extraordinarily high leverages.
Begin to Live Trade: Once you have followed those steps, you can start trading on Profit Revolution.
To conclude, we strongly recommend that you utilize Profit Revolution with caution. They may offer low minimum deposits and high leverage rates, but this is usually a recipe for disaster for new investors. If you do not know what you are doing, you can easily lose a lot of money. Auto trading seems fantastic on the surface, but we suggest trying other cryptocurrency avenues before committing to this one.