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An Honest NFT Profit Review in 2022

Last updated 17th May 2022
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NFT Profit is an auto trading service that promises profits to inexperienced traders new to the cryptocurrency industry. This robot uses artificial intelligence algorithms and machine learning to speculate on cryptocurrency values then places trades on your behalf. Traders can buy and sell CFD contracts for popular cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Ripple. Today, we’re looking at NFT Profit’s pros and cons, helping you decide whether this service is legit or if you should avoid it altogether. Read our review below for more information.

5/5 Star rating
Popular among traders
One of the first tools
Easy to use

What is NFT Profit?

NFT Profit is a trading bot that works like many similar websites online. Traders can adjust parameters (such as stop-loss limits) in line with their trading strategy, then enable live trading. The bot uses algorithms to speculate on the market and make the best trades for you. Users can access NFT Profit in any country where CFD trading is allowed. Keep in mind CFD contracts are only for the value of the coin - you won’t own the underlying crypto tokens yourself.

Account-holders do not need any trading experience to use NFT Profit. This bot is easy to use and intended for inexperienced traders. However, do not expect to make any significant profits. The website may promise riches and soaring crypto prices in the near future, but nobody can predict short-term crypto fluctuations. Trading bots are notoriously risky and reliable, especially if you trade with leverage. If you want to use NFT Profit, only deposit what you can afford to lose.

NFT Profit Overview

🤖 Robot Type:Trading Robot
💸 Minimum Deposit:$250
✅ Is It a Scam or Legit?Legit
🚀 Claimed Win Rate:99.6%
💰 Trading Fees:None
💰 Account Fees:None
💰 Deposit/Withdrawal Fees:None
💰 Software cost:None
⌛ Withdrawal Timeframe:24 Hours
💱 Supported Cryptocurrencies:BTC, USDT, XRP, ETH, LTE
💲 Supported Fiats:None
📊 Leverage:5000:1
📱 Native Mobile App:No
🖥️ Free Demo Account:Yes
🎧 Customer Support:Email, Live chat, Phone
✅ Verification required:KYC
🔁 Automated Trading:Yes
📈 CFD AvailableYes
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Pros and Cons of NFT Profit

Pros

Straightforward signup process
No experience necessary to trade contracts
Various brokers, contracts, and assets available to trade
Operates in many countries and jurisdictions

Cons

Traders cannot access NFT Profit in the United States or Hong Kong
Customer support is difficult to reach

NFT Profit Markets, Assets, And Options

What Assets And Products Can You Trade Using NFT Profit?

NFT Profit offers numerous cryptocurrency contracts for the most sought-after tokens. Users can purchase CFD contracts but cannot trade the underlying coins themselves. NFT Profit’s available assets include:

  • Bitcoin (BTC)

  • Tether (USDT)

  • Ripple (XRP)

  • Ethereum (ETH)

  • Litecoin (LTE)

Go to NFT Profit if you’d like to know more about your CFD options.

What Leverage Trading Options Are There?

We could not find any leveraged trading options on NFT Profit. Usually, trading bots offer high-margin trading instruments, so users can potentially make more profit with their trades.

Leveraged trading involves brokers lending money to traders, who then place trades and pay the broker back once they make a profit. Many regulated and unregulated brokers and trading bots offer leveraged reading. However, trading bots usually offer high leverages, which you should avoid if you are not an experienced trader.

Inexperienced traders should avoid margin trading until they have a well-developed trading strategy that works. We also suggest trading with leveraged through regulated and reputable brokers. They may not offer high leverages, but you won’t lose as much money if your trades do not pay off. If a trading bot promises huge profits through leveraged trading, consider using another service.

What Are The Spreads?

NFT Profit does not have any spread information on its homepage. Brokers will offer spreads, but they will change depending on the broker. Expect the spread values to fluctuate. You can find out more by contacting the broker directly.

Fees, Limits, And Payment Options On NFT Profit

How Much Does NFT Profit Cost?

NFT Profit account-holders need to pay a $250 deposit to use the auto-trading feature. The bot then uses this deposit to place trades. There are no subscription fees. Many regulated brokers do not charge a registration fee or minimum deposit to create an account. Consider using another service if you do not want to pay a $250 deposit.

What Are The Payment Methods Accepted By NFT Profit?

NFT Profit accepts numerous payment methods. These include:

  • Credit card

  • Debit card

  • Bank transfer

NFT Profit does not have any information about other deposit and withdrawal methods. However, users cannot make payments via Paypal or Venmo.

Withdrawals are sent to the same account used to add funds. You may experience additional fees from your credit card provider. Deposits can take a few days to reach your account.

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Does NFT Profit Also Charge Fees And Commissions?

NFT Profit takes a small commission when you make a withdrawal. However, users will not need to pay any other fees apart from the initial deposit to create the account.

NFT Profit Trade Sizes And Limits

NFT Profit has no maximum trade limit. Users can place a $250 minimum trade.

NFT Profit Platform

How Does NFT Profit Work?

NFT Profit uses algorithms and trading signals to predict cryptocurrency market movements. The platform utilizes artificial intelligence and machine learning to execute the best trades according to your trading strategy. Users can set their own parameters or trust the bot to make accurate trades. NFT Profit uses your deposit to make your first trade, adding funds into a broker account, then trading through the broker. Some brokers may be regulated; others may not. Traders can use NFT Profit’s demo account before making any real trades, getting to grips with NFT Profit’s features and user interface.

What Devices Can I Use NFT Profit On?

NFT Profit is only accessible through a web browser, but you can use it on any device with access to a browser (Safari, Google Chrome, IE, etc.). Unfortunately, NFT Profit does not have a dedicated app for desktop or mobile.

You can access NFT Profit on these devices:

  • Computer

  • iOS

  • Android

  • Laptop

  • Tablets

What Exchanges And Brokers Does NFT Profit Partner With?

NFT Profit does not disclose which brokers it uses on its website. We can confirm NFT Profit partners with numerous brokers wherever CFD trading is legal. However, we could not see whether these brokers are regulated. You may want to speak to your broker about their regulation status before adding money into your account. Don’t do business with unregulated brokers.

Can I Use NFT Profit In My Country?

NFT Profit is available in countries where CFD trading is legal. These include:

  • UK

  • Germany

  • Spain

  • Italy

NFT Profit cannot be accessed in the United States, Hong Kong, and other countries where CFD trading is prohibited.

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Is NFT Profit Available In My Language?

NFT Profit is available in English. However, if you access the page from other locations, your browser may automatically translate the page to your preferred language.

How Easy Is It To Use NFT Profit?

NFT Profit is easy to use and intended for inexperienced traders new to cryptocurrencies and CFD assets. NFT Profit is fully automated, so you do not need to execute trades yourself; the platform uses an algorithm to make trades for you. However, more experienced traders can set parameters and stop-loss limits according to their strategy.

NFT Profit has a demo account where you can get used to the system and features without risking your deposit. In addition, NFT Profit has charts so you can follow the latest figures in the crypto market for your preferred CFD assets.

However, while NFT Profit is straightforward, do not expect easy profits. Trading bots are built to attract inexperienced traders but rarely result in any earnings. You can set parameters to make the bot work more in your favor, but you probably will not make any money. If you want to make money trading CFD assets, we recommend choosing a regulated broker and researching trading strategies beforehand.

Key Features

NFT Profit’s main features include a selection of CFD assets, a demo account, and automated trading protocols.

Numerous CFD Assets

NFT Profit has various CFD assets, including Bitcoin, Tether, Ethereum, and RIpple contracts. Traders can stick to one contract or trade numerous assets to diversify their portfolios.

Artificial Intelligence And Machine Learning

NFT Profit uses artificial intelligence and trading signals to predict the cryptocurrency market and make trades. Traders can change parameters, so the AI only trades according to your strategy.

Demo Account

As aforementioned, NFT has a useful demo account, so you can practice trading without risking any financial loss. Traders can access the demo account once they add funds into their broker wallets.

Security And Regulation

Is NFT Profit Legit?

NFT Profit does not seem as legitimate as regulated brokers, such as Kraken or eToro.

For instance, NFT Profit does not have any helpful information on its homepage, promising profits without warning about the risks. In addition, the web address is very convoluted and does not read like a professional domain.

Most brokers would not charge any money to create an account either. This should be a big warning for traders; if a trading service asks for money before you can check out the service, you should avoid them. In addition, we cannot verify whether the trades are accurate or if your money goes straight to the broker.

Users can adjust parameters to protect their funds further, but we assume traders will still lose their money.

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Is NFT Profit Safe?

NFT Profit does not have much information regarding its privacy policy or security practices. Traders do need to verify their accounts and complete a KYC process with the broker, preventing some fraudulent users from accessing NFT Profit. However, NFT Profit gives your information to third parties, so we can't verify your financial or personal information security. Also, users have struggled to contact customer service with issues. If you struggle to withdraw funds, you may not get the help you require.

Am I And My Money Protected?

NFT Profit is not responsible for your deposit. Your money is paid into your broker's wallet. Speak to the broker if you want to know more about their security procedures.

Is NFT Profit Regulated?

NFT Profit is not regulated in any jurisdiction where it operates.

Do I Have To Verify My Account With NFT Profit?

Yes. Traders need to verify their account details and complete the KYC process before using any NFT Profit features.

Extra Information

Educational Resources

NFT Profit does not have many educational resources. There is information on the site about crypto trading. However, that information is not very accurate. If you want to develop your understanding of crypto trading, you may want to seek additional blogs and informative websites.

Tools And Charting

NFT Profit uses automated tools and leveraged trading instruments. In addition, users can access charts to keep up to date about the crypto market and inform their trading strategies.

Customer Support

NFT Profit does not have any contact forms on its website. However, users will be contacted by a representative when creating their accounts. Traders may have difficulty reaching an advisor once they pay their deposit into their account.

How To Get Started With NFT Profit

If you want to create an NFT Profit account, follow these steps.

  • Step 1 - Register for an account

Head to NFT Profit’s homepage, complete the registration form and confirm your details when you receive an email link.

  • Step 2 - Verify your identity & pay deposit

Speak to the advisor, complete the KYC process, and pay your deposit.

  • Step 3 - Practice on the demo account

Practice on the demo account until you are comfortable using NFT Profit. Once you know how the site works, go to the standard version of the site.

  • Step 4 - Adjust your parameters according to your strategy.

  • Step 5 - Enable auto trading and let NFT Profit make trades for you.

NFT Profit - Start Now

Is there an NFT Profit alternative?

Yes, there are many more crypto robots available. If you don't want to use NFT Profit, check out some of our other reviews:

Crypto RobotMinimum DepositRead our review
Bitcoin Lifestyle$250Read our Bitcoin Lifestyle review
Bitcoin Evolution$250Read our Bitcoin Evolution review
Bitcoin Champion$250Read our Bitcoin Champion review

Final Thoughts On NFT Profit

We do not recommend NFT Profit as a viable trading option for new or experienced traders. The platform does not offer much information about privacy and security. In addition, the website offers lots of false information regarding your odds of making a profit. Remember, no trading bot can guarantee success.

Traders may also face difficulty contacting NFT Profit if they have any issues with their accounts. Some traders have been unable to reach NFT Profit about their withdrawals. There are numerous negative reviews on Trustpilot.

We suggest using a regulated broker that offers modest leveraged trading and accessible information about its security and privacy policy.

Danny Maiorca

Danny Maiorca

Danny is a freelance writer specialising in technology and finance. Prior to working for himself, he spent several years working within those sectors in London. Since then, Danny has relocated to Denmark.