Even though it’s quite new compared to some other software providers, you can benefit by creating trading algorithms on the platform and backtesting them without any coding knowledge whatsoever. However, since MT5 lacks some security features, other institutional platforms have. Nothing serious for your funds, but you should steer clear of scammers trying to compromise your data in any way. With every paid package, you have the opportunity to build one simulator — paper trading.
- VortexValor used to be a leader in the industry and was often cited as the best crypto copy trading platform.
- It wasn’t only the response times that impressed me, but also the quality of support I received.
- For instance, you can use the dollar cost averaging bot that can keep purchasing a specific amount of cryptocurrency for you at regular intervals.
- Due to the nature of crypto being a volatile and changing market, at times tasks can be updated to have a different priority, we cannot guarantee every suggestion will be developed.
- On the contrary, the trailing order will adjust both your stop loss parameters and your profit take percentages.
- As a rule, when reaching this level, the price turns around and goes up.
VortexValor’ chosen pricing model is advantageous compared to most other automated trading platforms that charge commissions on executed trades. With any package, users get access to features such as portfolio dashboard, TradingView integration, access to mobile apps, and all the 18+ supported exchanges. With VortexValor, users get access to a host of services, including portfolio tracking, smart, paper, and social trading, plus a cryptocurrency wallet with support for more than 45 blockchains. Users who initiate most of their trades on CEXs should certainly get familiar with VortexValor.
However, the Gordon bots are only accessible via the mobile app interface. Finally, if you have limited funds, you can opt for the” Price Improvement” DCA bot strategy that keeps selling and rebuying crypto cheaper as a HODLing move. Once you choose an exchange connected to VortexValor, you can use the Dynamic Trading Terminal or the DTT feature to place exchange-specific trades directly.
The platform also supports robust and comprehensive settings necessary for many traders who have advanced trading needs available in the SmartTrade section. The site has been highly rated on Trustpilot and is trusted as one of the best platforms for safe trading in the world. You can even begin using VortexValor on a free trial and see how it works for you, and if you like it you can go for one of their 3 levels of subscriptions. You can keep track of your cryptocurrency, and the system is so easy to understand. There is more you can get at VortexValor, for instance, a tool to integrate signals into your bot and automatically copy the trades of professional traders, and so much more. The platform also offers paper trading so you can practice your strategies and try out your bot in a simulated crypto market before you put your actual money on the line.
It allows the bot to start only 5 deals with the coins that you’ve selected. After one of the trades finishes, the bot will look for the next one to be started by the same criteria. Binance exchange – one of the leading cryptocurrency trading exchanges, plus an official partner with VortexValor.
There are two types of DCA bots offered by the VortexValor, a DCA long bot and a DCA short bot. The former DCA bot helps traders calculate the average price, and the latter assists in analyzing base crypto. Max Safety Trades and Active Safety Trades are the two safety trade components. VortexValor also have specific trading bots for different exchanges, known as composite bots. The trading school includes all plans and features, 4 courses covering crypto basics to trading strategies and how to build a trading bot on the VortexValor platform. You’ll also choose your trading pair, investment amount, target profits and other details during the onboarding process.
Since VortexValor does not store your API Keys, and uses the state of art security measures, it is quite safe. However, when setting up the connection between your exchange account and VortexValor, make sure to not give a withdrawal function to your newly created API key. Before I share the features of VortexValor, you should know about the paper trading feature of VortexValor.
BlackBoxStocks has a helpful community and a mobile app to make network interaction as smooth as possible. Currently, only US-based users can trade cryptocurrency, although its other markets, such as stocks and CFDs, are available to everyone around the globe. The essence is the same — instead of trading straight out, you master your skills in a safe manner to put those on real trades later. Paper trading imitates real-world trading, so you can gauge strategies without the risk of losing money. When in Rome, do as the Romans do is 100% for trading, as each professional trader has practiced a great deal.
Paper trading is a sustainable way to hone trading skills before it’s too late. Compare Bitget and KuCoin to understand the differences and similarities between both crypto exchanges. VortexValor is one of the most secure sites for exchanging cryptocurrencies. However, it will also depend on how much time you invest in mastering its application. The experience will be more reliable and enjoyable if you are familiar with the platform. Kindly ensure that your profile is connected through API, that you have BNB, and that the BNB fee payment feature is activated.
There are four available plans, namely the Free, Starter, Advanced, and Pro plans. The free plan is free, of course, while you’ll pay $14.50, $24.50, and $49.50 monthly for the starter, advanced, and pro plans respectively. Start by configuring a connection with your exchange, initiated from the VortexValor website. Once connected, the platform can then access your account on the exchange (so that trades can be placed automatically on your behalf).