What is Meta Profit?
Meta Profit is a trading bot that facilitates crypto and CFD trading, reportedly through AI algorithms, market analysis, and trading signals. Like other bots, Meta Profit uses statistical analysis and APIs to make trades with partnered brokers, some of whom are allegedly regulated.
Users make trades once they have deposited $250 in their regional currency. The platform’s homepage boasts about the lucrative nature of crypto trading and the Bitcoin market in general.
Users can set their own trading parameters according to their trading strategy. However, Meta Profit targets a demographic of traders with little to no experience, offering automated trades that require almost no knowledge of the cryptocurrency market.
Meta Profit Overview
|🤖 Robot Type:||Trading Robot|
|💸 Minimum Deposit:||$250|
|✅ Is It a Scam or Legit?||Legit|
|🚀 Claimed Win Rate:||99.4%|
|💰 Trading Fees:||2% commission on profits|
|💰 Account Fees:||None|
|💰 Deposit/Withdrawal Fees:||None|
|💰 Software cost:||Free|
|⌛ Withdrawal Timeframe:||24 Hours|
|💱 Supported Cryptocurrencies:||BTC, BCH, LTC, ETH, XRP|
|📱 Native Mobile App:||No|
|🖥️ Free Demo Account:||Yes|
|🎧 Customer Support:|
|✅ Verification required:||KYC|
|🔁 Automated Trading:||Yes|
|📈 CFD Available||Yes|
Pros and cons of using Meta Profit
What assets and products can you trade using Meta Profit?
Meta Profit offers several popular cryptocurrencies. Some of the CFD assets you can choose include:
Bitcoin Cash (BCH)
What leverage trading options are there?
Meta Profit partners with brokers that allow margin CFD trading, where users trade contracts on the price of a crypto asset but do not own the underlying asset.
We could not find any information regarding leverage on the Meta Profit website. However, certain reviews indicate that some partnered brokers allow 1000x leveraged trading on your initial deposit. So, if you were to trade with $250, the broker would loan $250,000 to maximize profits.
Bear in mind leveraged trading is unreliable and risky. The market is volatile and the price of Bitcoin and other cryptocurrencies can drop sharply. As such, you’ll end up losing more money than you put in. Do your research and only deposit what you can afford to lose. Only experienced traders should think about leveraged trading.
What are the spreads?
Meta Profit does not provide any information about spreads. However, different brokers offer varying spreads that fluctuate along with the crypto broker. Consult your assigned broker for more information.Sign up to Meta Profit
Fees, limits, and payment options on Meta Profit
How much does Meta Profit cost?
Meta Profit does not charge anything to create an account. Users also do not have to pay membership costs. However, every account holder needs to deposit $250 to use the service. This fee is non-negotiable and is used to make your first trade.
What are the payment methods accepted by Meta Profit?
Again, Meta Profit does not provide much information regarding payment methods. However, you can expect to be able to pay using credit or debit cards.
Meta Profit does not charge for withdrawals or deposits. However, you may be charged additional fees by your bank when paying with a credit card.
Does Meta Profit also charge fees and commissions?
Like other trading bots, Meta Profit takes a small 2% commission on any profits you make through the platform. You only pay commissions if you make a profit on your trades.
Meta Profit trade sizes and limits
Meta Profit does not set any maximum trade sizes. However, your partnered broker may set their own minimum and maximum trades. Contact your broker if you’d like to know any potential trade limits.
Meta Profit platform
How does Meta Profit work?
Meta Profit works by placing intuitive trades with brokers, either automatically or according to your chosen parameters. Users can select leverage limits and other factors aligning with their trading requirements. Alternatively, the platform will use its own alleged algorithms and APIs to place trades on your behalf.
What devices can I use Meta Profit on?
Account-holders can use Meta Profit on any platform with a web browser such as Safari or Chrome. However, you may experience some difficulty when using mobile devices. Unfortunately, Meta Profit has no native mobile app.
You can use Meta Profit on the following devices:
Android and iOs devices
What exchanges and brokers does Meta Profit partner with?
Meta Profit does not provide much information regarding partnered brokers. However, you’ll be partnered with a broker who operates in your location and offers CFD trading. Once assigned a broker, you can research their name to ensure they are reputable.Get Started today with Meta Profit
Can I use Meta Profit in my country?
Meta Profit is available in any location where CFD trading is allowed. Some of these countries include:
Unfortunately, you cannot use Meta Profit in any country where cryptocurrencies or CFD trading are prohibited. As such, Meta Profit is unavailable in China, the USA, and certain other locations across the globe.
Is Meta Profit available in my language?
Meta Profit is available in English. The platform may be available in other languages. However, there is no drop-down language selection menu on the website.
How easy is it to use Meta Profit?
Meta Profit is streamlined and easy to use, provided you are on a desktop computer. The interface is intuitive and account holders can set parameters with ease. The benefit of trading bots like Meta Profit is that you do not need much knowledge to make trades.
Meta Profit has different charts to help users set parameters and develop a trading strategy. However, the platform also reportedly uses trading signals and market analysis to place potentially profitable trades for clients.
However, there is nothing to say those trades will turn a profit. Trading bots are notoriously unreliable. Users should only try automated trading alongside a well-developed trading strategy; they should only trade what they can afford as well.
Meta Profit has numerous features to help users make trades, set parameters, and potentially make a profit. Features such as customer support, custom parameters, and demo trading accounts help users who are new to cryptocurrency trading. Some of the top key features include:
Meta Profit has a user-friendly interface that is easy to grasp whether you are a new or experienced trader. Account-holders can execute trades and set parameters with little difficulty.
Automatic market analysis
Meta Profit reportedly uses market analysis and custom APIs to make intuitive trades regardless of your experience. Users can trust Meta Profit to place trades on their behalf. However, if you want more control over your trades, set parameters that match your trading strategy.
Meta Profit offers a demo trading account so users can get to grips with the platform before risking their real money. If you want to develop a trading strategy, figure out the website’s features, and understand what you are doing before placing a deposit, use the demo account.Register with Meta Profit
Security and regulation
Is Meta Profit legit?
Meta Profit is a legitimate trading bot. However, the website features dubious information regarding Bitcoin’s potential direction. In addition, there are numerous unsubstantiated positive reviews online.
However, the website does include disclaimers in its small print, warning users of the risks of trading CFDs, Forex, and cryptocurrencies. Again, trading CFDs will more likely result in a loss, especially if you make leveraged trades. We recommend doing plenty of research and understanding trading strategies before using Meta Profit.
Is Meta Profit safe?
Meta Profit has numerous security features including account verification to make sure most users are genuine. Also, Meta Profit uses encryption to protect user data as well as SSL to protect your financial information.
Meta Profit works with many brokers; you do not get to choose which broker you trade with; make sure you research your broker before making any trades. The best brokers will follow regulations set by a governing body in their country. Users should only trade with regulated brokers as they are more secure.
Am I and my money protected?
When you trade through a trading bot like Meta Profit, your deposited funds are held by your paired broker. Meta Profit is not responsible for the safety of your deposited funds. If you have any queries regarding your fund’s safety, speak to your broker.
Is Meta Profit regulated?
We could not find any information on whether Meta Profit is regulated. However, users can research their paired broker to ensure it is regulated. Remember only trade with a regulated broker.
Do I have to verify my account with Meta Profit?
All new users must verify their email address and identity when creating a Meta Profit account. Usually, users will need to provide KYC documents to their paired broker. They can then practice trading through their demo account before using real funds.
Important: users will need to finish the KYC process with their broker before they can make actual trades. You will need to provide proof of identity and your address (and financial information) to complete your registration with the broker.
Meta Profit does not feature many educational resources, articles, or blogs on its website. While the website does have some general information about the Bitcoin market, the information is unsubstantiated and cannot be trusted. The platform has a small FAQ on its homepage but not customer support or inquiry information.
Tools and charting
Meta Profit offers charts and tools to help users develop trading strategies and set parameters. They also partner with brokers with CFD leveraged trading instruments. Meta Profit also claims to use APIs and algorithms to make intuitive trades on the user’s behalf.
Meta Profit can be reached by email once you become an account holder. However, some users gave faced difficulty reaching an advisor once they made their deposit. Meta Profit does not have any customer support options on its homepage.Meta Profit - Visit now
How to get started with Meta Profit
If you are thinking about registering with Meta Profit, follow these steps:
Step 1 - Create a Meta Profit account
Visit the Meta Profit homepage and complete the sign-up form. You’ll need your name, phone number, and email to begin.
Step 2 - Speak to your paired advisor
Once you have registered for a Meta Profit account, you’ll be paired with a representative from a broker to finish the sign-up process. Users may need KYC information and to answer a questionnaire about their finances to complete this step.
Step 3 - Deposit funds
Once you have completed that step, add funds into your wallet. Meta Profit requires users to deposit $250 before making their first trade.
Step 4 - Utilize the demo account
If this is your first time using Meta Profit, use the demo account until you understand the system and know how auto-trading works.
Step 5 - Complete your first trade
When you feel comfortable using Meta Profit, place your first trade. You can choose live trading and let Meta Profit make trades on your behalf, or set parameters to ensure the bot follows your trading strategy.Register today with Meta Profit
Is there a Meta Profit alternative?
Yes, there are many more crypto robots available. If you don't want to use Meta Profit, check out some of our other reviews:
|Crypto Robot||Minimum Deposit||Read our review|
|Bitcoin Edge||$250||Read our Bitcoin Edge review|
|Centobot||$250||Read our Centobot review|
|Oil Profit||$250||Read our Oil Profit review|
Final thoughts on Meta Profit
Meta Profit lets traders try automatic or manual trading with a user-friendly interface. However, we’d take some positive reviews with a pinch of salt. Trading bots like Meta Profit often come with unsubstantiated testimonials. While the are no longer any fake reviews on the site itself, there are plenty of others online.
Do not expect to make any real profits on Meta Profit overnight. People who use trading bots are more likely to lose their deposit than make any more money, especially if they enable live trading and do not set specific parameters.
While leveraged trading may be enticing, use the demo account beforehand. This will give you some indication about how much you stand to make or lose trading with leverage. We also recommend doing your own research and staying up to date on the latest cryptocurrency insights and news as Meta Profit doesn’t provide educational resources.