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An Honest NFT Trader Review in 2022

Last updated 30th Sep 2022
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NFT Trader is a trading robot that performs automated trades for new cryptocurrency traders. Allegedly, NFT Trader uses machine learning and artificial intelligence to make accurate crypto market predictions and make the best trades on your behalf. Traders can choose from various popular CFD contracts for the value of Bitcoin, Ethereum, and other currencies. This article will cover NFT Trader’s advantages and disadvantages, so you know whether this service is worth your time or not. Check out the full review below for more information.

What Is NFT Trader?

NFT Trader is yet another trading robot advertising in the same way as countless other platforms - offering automated trading opportunities that reportedly earn a substantial profit. Traders can either set stop-loss limits and other parameters or trust NFT Trader to make trades according to algorithms and trading signals that the platform reportedly relies on. NFT Trader is unavailable in any country where CFD trading is prohibited (the USA and Hong Kong). NFT Trader account-holders do not own the underlying asset; they own a contract on the coin’s value.

One of the biggest selling points of NFT Trader is that account-holders don’t need much experience to get started. The platform is built for people new to cryptocurrency. While the bot is easy to use, don’t expect to make much money. The homepage promises significant fortunes, but no bots can predict the market. Remember, only deposit funds you can afford to live without.

NFT Trader Overview

🤖 Robot Type:Bitcoin Robot
🔑 Official NFT Trader Website?https://nft-trader.org/
💸 Minimum Deposit:$250
✅ Is It a Scam or Legit?Legit
🚀 Claimed Win Rate:99.6%
💰 Trading Fees:2% commission on
💰 Account Fees:$0
💰 Deposit/Withdrawal Fees:$0
💰 Software Cost:$0
⌛ Withdrawal Timeframe:Under 30 minutes
💱 Supported Cryptocurrencies:BTC, USDT, LTE, XRP, ETH
💲 Supported Fiats:USD, EUR, GBP
📊 Leverage:5x
📱 Native Mobile App:No
🖥️ Free Demo Account:Yes
🎧 Customer Support:Contact form
✅ Verification Required:KYC
🔁 Automated Trading:Yes
📈 CFD AvailableYes

Pros And Cons Of Using NFT Trader

Pros

Account setup is quick and easy
No trading knowledge or experience is required (though it helps)
Multiple CFD contracts, brokers, and assets to consider
NFT Trader operates in multiple locations
Straightforward user interface

Cons

NFT Trader is unavailable in the USA or Hong Kong
Customer support is unreliable and difficult to contact
The trader homepage makes irresponsible promises

Who is The NFT Trader Owner?

NFT Trader owners comprise professional cryptocurrency traders, analysts, NFT collectors, and software developers from various backgrounds. They have extensive experience working with cryptocurrency trading apps, making them develop a trading robot with superior technology.

NFT Trader owners pride themselves on being the best in their work since they have excellent resumes and experience. This should clear all doubts regarding the bot’s efficiency and make you trust it with your data and emails.

Moreover, NFT Trader owners always stay abreast with the crypto market and update the robot based on the latest technological development. Plus, they integrate NFT Trader with regulated brokers, thus guaranteeing your funds’ safety and allowing you to enjoy the best trading conditions.

Getting Started With NFT Trader

You must be wondering how to start with NFT Trader. Although we will take you through an in-depth process later in this guide, here is a brief overview of getting started with the robot.

  • Step 1: Visit the NFT Trader website via the links shared on this page to register for a trading account.

  • Step 2: Complete the KYC verification procedure and deposit funds (Minimum $250)

  • Step 3: Activate NFT Trader, customize it to suit your trading requirements, and start trading.

If you want to benefit from NFT Trader’s efficiency, consider using it on crypto assets you are familiar with. This way, it will be easier for you to strategize and monitor NFT Trader’s performance.

NFT Trader Markets, Assets, And Options

What Cryptocurrencies and Products Can You Trade Using NFT Trader?

If you want to automate trades in other financial markets like forex, stocks, etc., NFT Trader is not the app for you. It is focused on crypto NFT trading portfoliso. Luckily, the robot is beginner-friendly, and you can use it without previous experience in the cryptocurrency market.

What Leverage Trading Options Are There?

NFT Trader does not have any leverage trading information on its homepage. Typically, trading robots will offer high-margin trading, allowing users to make more significant profits than they would with their own investments.

Leveraged or margin trading involves brokers giving a loan to traders to place larger trades they can afford; the trader then pays the broker back when they make a profit. Most brokers will offer leveraged trading. However, most unregulated brokers will offer very high leverage options (sometimes as high as 1000:1), which you should not try if you are new to trading.

Before considering leveraged trading, new traders need to develop their trading strategy and understand how the market works. In addition, you should only trade regulated brokers with a proven track record. Leverages may not be as high, but you won’t lose too much money if the market does not go in your favor. If a trading bot promises massive profits through margin trading, they are probably unreliable.

What Are The Spreads?

NFT Trader does not include any spread information on its website. Brokers will offer varying spreads depending on their policy. Keep in mind spreads will fluctuate as the price of Bitcoin, Ethereum, and other cryptocurrencies go up and down.

Fees, Limits, And Payment Options On NFT Trader

How Much Does NFT Trader Cost?

Overall, NFT Trader only charges a 2% commission on profits you earn in a single trade. All other services are available free of charge. As a trader, it is crucial to confirm the charges with the brokers it partners with and ensure they fit your budget. Also, take advantage of the robot's deposit bonuses to maximize your profitability.

💸 Minimum Deposit:USD 250
💰 Trading Fees:2% commission on profits only
💰 Account Fees:Zero
💰 Deposit/Withdrawal Fees:Zero
💰 Software Cost:zero
💰 Subscription Cost:Zero

What Are The Payment Methods Accepted By NFT Trader?

NFT Trader accepts various payment methods. These include:

  • Credit card

  • Debit card

  • Bank transfer

NFT Trader does not have additional information about withdrawal and deposit options. Additionally, users may not be able to make payments through Venmo or Paypal.

Withdrawals will be sent to the same bank account used to deposit funds. In addition, some credit card providers may charge additional fees. Deposits can take a couple of days to reach your broker wallet.

Does NFT Trader Also Charge Fees And Commissions?

NFT Trader takes a commission when you make withdrawals, roughly around 2%. However, you do not need to pay any additional fees except the initial deposit when registering your account.

NFT Trader Trade Sizes And Limits

There is no maximum trade limit and a minimum $250 trade limit.

NFT Trader Platform

How Does NFT Trader Work?

NFT Trader claims to use trading signals and AI to speculate on the cryptocurrency market, promising profits via an automated short-term trading strategy. The platform reportedly uses algorithms and APIs to make the best trades according to your parameters. Traders can adjust their stop-loss limit or allow the bot to make trades on its own accord.

NFT Trader uses your initial deposit for your first trade, sending those funds to the broker before executing a trade for your preferred CFDs. Traders may want to use the demo account to get to grips with NFT Trader before risking their money,

What Devices Can I Use NFT Trader On?

NFT Trader is accessible via any web browser. So you can use NFT Trader on any device that connects to a browser (Chrome, Safari, etc.). However, NFT Trader does not have any native mobile or desktop app.

You can log in to NFT Trader on these devices:

  • Computer

  • iOS

  • Android

  • Laptop

  • Tablets

What Exchanges And Brokers Does NFT Trader Partner With?

NFT Trader does not have any information about specific brokers on its homepage. However, we do know NFT Trader partners with many brokers that allow CFD trading. We could not determine whether these brokers follow regulations. You should speak to the broker directly about whether they are regulated before depositing funds into your account. We strongly advise against trading through unregulated brokers.

Can I Use NFT Trader In My Country?

NFT Trader is available in jurisdictions where CFD trading is allowed. These include:

  • UK

  • Germany

  • Spain

  • Italy

Users cannot access NFT Trader in the United States, Hong Kong, or other countries where CFD trading is not allowed.

CountryIs NFT Trader Available?
Can I Use NFT Trader in the UKNo
Can I Use NFT Trader in CanadaYes
Can I Use NFT Trader in AustraliaYes
Can I Use NFT Trader in USANo
Can I Use NFT Trader in South AfricaYes
Can I Use NFT Trader in New ZealandYes
Can I Use NFT Trader in PhilippinesYes
Can I Use NFT Trader in UAEYes
Can I Use NFT Trader in SingaporeYes
Can I Use NFT Trader in FranceYes
Can I Use NFT Trader in SpainYes
Can I Use NFT Trader in ItalyYes
Can I Use NFT Trader in GermanyYes
Can I Use NFT Trader in NigeriaYes
Can I Use NFT Trader in MexicoYes

Is NFT Trader Available In My Language?

NFT Trader is primarily available in English. However, you may be able to access the page in other languages simply by translating the page via your browser.

How Easy Is It To Use NFT Trader?

NFT Trader is easy to use and meant for people with little experience in CFD or leveraged trading. The bot is completely automated, so you won’t need to place any trades yourself; the bot makes all the decisions by reportedly using algorithms. However, we recommend users set their own stop-loss limits to gain some control over the bot’s trading protocols.

NFT Trader offers a demo account that can be used until you understand how the system, features, and functionality work without losing any real money. Also, NFT Trader has real-time charts so you can keep up to date with the latest crypto market figures.

While NFT Trader is easy to use, traders probably won’t make any profit. These bots are intended for inexperienced users, attracting them with easy trading opportunities, but they never result in substantial earnings. You can adjust parameters so the bot works more towards your trading strategy, but there’s no way to tell if the bot can accurately place those trades. If you want to try CFD trading, choose a regulated broker and do some research first.

Key Features

NFT Trader’s top features include a demo account, automated functionality, and various CFD assets.

Various CFD Assets

NFT Trader has many CFD assets available, including contracts for the values of Bitcoin, Ethereum, Ripple, and Litecoin. Traders can choose one cryptocurrency or trade several controls to diversify their trading portfolio.

Artificial Intelligence And Machine Learning

NFT Trader reportedly utilizes automated technology and trading signals to speculate on cryptocurrency prices and execute trades.

Demo Account

As already stated, NFT Trader has a handy demo account, so you can figure out how to place trades and use the charts without losing any money. However, traders can only log in to the demo account once they have paid the initial deposit.

Security And Regulation

Is NFT Trader Legit?

NFT Trader is not as legitimate as some well-known regulated brokers, like eToro.

For one, NFT Trader has lots of dubious information on its homepage, promising potential profits and playing down the risks of crypto trading. Also, some online reviews seem fabricated and less than reliable.

In addition, most regulated services do not charge such a big fee to create an account. This should be a red flag for traders; if the service is asking for money before you can try out its features, you should stay away. Also, we couldn’t verify if the bot places the best trades for you or if the money simply goes to the broker.

Traders can adjust their stop-loss limit to protect their funds, but most will still lose all their investment.

Is NFT Trader Safe?

NFT Trader doesn’t have any info regarding privacy policies, security assurances, or how it stores your information.

Users need to verify their identity and complete the KYC questionnaire with the broker, stopping some fraudulent traders from accessing the system. However, like other trading bots, NFT Trader shares your information with other parties. In addition, some users may struggle to get in touch with customer service if they have any issues.

Are My Money, and I Protected?

Keep in mind that NFT Trader only partners with brokers regulated by top-tier authorities to ensure your funds are safe. The robot is also encrypted and complies with the KYC policy for maximum safety. Your email and data are secure with this robot; you only have to focus on your trading activities.

Is NFT Trader Regulated?

However, the robot partners with regulated brokers to ensure you trade safely. Therefore, it is up to you to carefully choose a broker and ensure it meets all your trading requirements for the best experience. Such brokers are regulated by the best authorities, including FCA, CySEC, BaFin, etc.

Do I Have to Verify My Account With NFT Trader?

NFT Trader account-holders need to confirm their identity when signing up for an account to use any NFT Trader features.

How Does NFT Trader Work? Trading Strategies and Algorithms

As mentioned earlier, NFT Trader owners pride themselves on creating software with a state of the art technology for maximum accuracy and efficiency. Although it is more reliable and fast than humans, it doesn't guarantee profits. Here are some of the incorporated trading strategies and algorithms that make NFT Trader stand out.

  • Automated Trading Tools

  • Arbitrage Trading

  • News Trading

  • Price Trend Analysis

Extra Information

Educational Resources

Also, consider seeking additional learning resources from the brokers it is connected with. These include articles, guides, recorded videos, webinars, seminars, etc. You can also pay for a financial advisor to guide you on extensive elements regarding the cryptocurrency market.

Tools And Charting

NFT Trader offers numerous trading instruments for CFD and leveraged trading. In addition, users can browse charts so they know the latest values for the most popular cryptocurrencies.

Customer Support

NFT Trader does not have a very good customer support system. Users can contact a representative when setting up their account, but NFT Trader is difficult to contact once the deposit has been paid.

NFT Trader Customer SupportDetails
NFT Trader support emailNot Available
NFT Trader support contact numberNot Available
NFT Trader live chat optionNot Available
NFT Trader other support options…Contact Form

Demo Account

NFT Traders demo account is tailored explicitly for newbies who want to test the robot before trading in the live market. The demo account is free since it is funded with virtual funds. You can also take advantage of the demo account to gauge your skill level after learning about the cryptocurrency market using the resources mentioned earlier.

How to Get Started With NFT Trader

Follow these steps to create an NFT Trader account.

Step 1: Sign up
Step 2: Complete the KYC questionnaire
Step 3: Practice on the demo trading service
Step 4: Set your trading parameters
Step 5: Start trading

How to Delete NFT Trader Account?

Contact the bot's customer service for guidance if you want to delete your NFT Trader account. Alternatively, initiate this process through the bot’s settings page or the broker it partners with. Just remember, if you delete your account with a broker, expect to lose all your details attached to the broker and NFT Trader.

How to Withdraw Money From NFT Trader?

One of the reasons NFT Trader partners with regulated brokers is to ensure your money is safe, and you can easily make withdrawals. Here are the proper procedures for withdrawing your earnings from NFT Trader via a broker.

Step 1: Log into your trading account
Step 2: Click withdraw.
Step 3: Select the payment method
Step 4: Enter the amount

NFT Trader partnered brokers do not allow payouts in cryptocurrencies. Therefore, ensure you convert your cryptos to your preferred fiat currency to successfully withdraw money.

NFT Trader Celebrity/ Company Endorsements

NFT Trader helps you trade cryptocurrencies on a user-friendly platform with superior technology. So far, the robot has signed up thousands of traders, most of who highly review it for being reliable and efficient.

However, there are speculations regarding NFT Trader celebrity/company endorsements on various platforms. To ensure you get accurate information, we did our due diligence on the rumors, and below is what we believe based on our findings.

Is Ali B Related to NFT Trader?

No. Ali Bouali is a Dutch rapper who has collaborated with prominent musicians like Akon to create various hit songs. Based on our extensive investigation, there is no information stating that Ali B is related to NFT Trader nor endorsed the robot.

Is Andrew Forrest Related to NFT Trader?

No. Andrew Forrest is an Australian businessman popularly known as “Twiggy.” His primary interest is in the mining and cattle industry. Forrest has never endorsed NFT Trader from our research.

Is Bear Grylls Related to NFT Trader?

No. Bear Grylls is a British adventurer, TV presenter, investor, and writer. He doesn't invest in cryptocurrency and has never mentioned NFT Trader on any platform or TV show.

Is Carlos Slim Related to NFT Trader?

No. Carlos Slim is a Mexican businessman and billionaire. He is also a philanthropist who the Forbes business magazine once ranked as one of the wealthiest people in the world. Although Slim believes the crypto market can be lucrative, he has never endorsed NFT Trader or used it to trade.

Is Charlize Theron Related to NFT Trader?

No. Charlize Theron is a South African-American actress and producer who has received numerous awards for her excellent work. We find the ongoing rumors regarding her endorsing NFT Trader unsubstantiated since there is no proof supporting such claims.

Is Cyril Ramaphosa Related to NFT Trader?

No. Cyril Ramaphosa is the 5th president of South Africa and has served since 2018. He is also a businessman who invests in various fields. Unfortunately, NFT Trader isn't among Ramaphosa’s investments, and we consider these rumors unsubstantiated.

NFT Trader In the News

Is Daily Mirror Related to NFT Trader?

No. The Daily Mirror is a British newspaper informing readers on various news and celebrity gossip. Daily Mirror is not connected to NFT Trader and has never included the robot in its advertisement sections.

Is Good Morning Related to NFT Trader?

No. Good Morning is a Britain TV show that allows you to catch up with the latest celebrity gossip, news, sports, etc. With various guest speakers hosted, there is no proof indicating that Good Morning is related to NFT Trader.

Other NFT Trader Reviews & User Testimonials

As mentioned earlier, NFT trader has excellent testimonials and user reviews. We sampled a few of them and included them in this review to help you clear any doubts.

What Are The Top NFT Trader Reviews on Forums and Reddit?

There are plenty of user reviews on Reddit, making it challenging for us to sample them. However, based on our analysis, most NFT Trader users trust it with their activities. The traders confess that they spend minimal time tracking their positions since the robot does most of the work. That being said, we can confidently recommend NFT Trader to manage your crypto trades.

What Are The Top NFT Trader Reviews on Trustpilot?

We also reviewed user testimonials on Trustpilot, and most comments state that NFT Trader is beginner-friendly. However, you must be willing to commit to researching the market and creating solid strategies for maximum potential. Also, NFT Trader is reviewed as one of the safest trading bots since it is integrated with regulated brokers. Your data and email are also secured on a highly encrypted platform.

Is there a NFT Trader alternative?

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

Crypto RobotMinimum DepositRead our review
HaasBot$250Read our HaasBot review
Bitcoin Evolution$250Read our Bitcoin Evolution review
Crypto Genius$250Read our Crypto Genius review

Final Thoughts On NFT Trader

We don’t recommend using NFT Trader if you are serious about CFD trading, whether you are a new or experienced trader. The platform does not seem very legitimate or secure, making false promises about your profit chances. Remember, trading bots cannot guarantee which way the crypto market will move.

In addition, traders may struggle to contact NFT Trader if they have problems with their accounts. Also, traders may be unable to speak to NFT Trader if there is no sign of their withdrawal funds.

We only recommend using regulated brokers with smaller margin options and transparent privacy and security policies.

FAQs

Do I need any crypto trading knowledge to get started with NFT Trader?
Are there any risks of using NFT Trader?
Does Elon Musk or any corporations (like Tesla) use NFT Trader?
NFT Trader celebrity and media endorsements, is it all true?
My NFT Trader account is frozen, what can I do?
How much profit can I make with NFT Trader?
Are there any hidden fees with NFT Trader?
What to do if you're losing money with NFT Trader?
How to stop receiving NFT Trader spam emails?
Is NFT Trader a scam and a pyramid scheme?
Can NFT Trader be trusted?
What are crypto robots?
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.