Profit Revolution Review 2024 - Is it Legit or a Scam?
If you are a crypto trader who is wanting to increase your trading profits, you might have encountered Profit Revolution, a robot for trading cryptocurrencies online. There are a number of trading bots available, each with their own qualities that would appeal to different traders.
This review of Profit Revolution gives you an analysis of the Profit Revolution as we did our checks of how it works, what is good about it and what is bad about it. We want to provide you with all the information available to ensure that you make an informed decision.
Our Investigation Result: Profit Revolution Seems Legitimate!
After doing extensive research and investigations, Profit Revolution seems to be a legitimate crypto trading tool. Everything they have claimed seems legit, so in our opinion Profit Revolution is not a scam.
If you’re curious about trying out Profit Revolution with a free account, click the link below to begin. A dedicated account manager will guide you through the process.
Profit Revolution Summary
Minimum Deposit |
$250 |
Fees and Commission |
None |
Claimed Success Rate |
88% |
Supported Cryptocurrencies |
ETH, BTC, XRP, LTC |
Deposit and Withdrawal Fees |
None |
Automated Trading |
Yes |
Demo Account |
Yes |
Verification |
Yes. KYC |
Leverage |
1000:1 |
What Is Profit Revolution?
Profit Revolution is a platform that uses technology to trade cryptocurrencies and automatically generates users’ profits. This system relies on artificial intelligence to make trades on its own. By studying the price changes of crypto coins, and monitoring crypto market news, gauging market sentiment, and reviewing past trading trends, it identifies opportunities for profitable trades.
Remember, trading is always uncertain, which also applies to cryptocurrencies. Be cautious about the funds you invest. Profit Revolution could be worth considering if you’re new to trading and looking for a way to earn through an automated platform.
Who Created Profit Revolution?
The individuals responsible for creating the Profit Revolution remain unknown. They are not listed on the official website, have not yet revealed their identities in interviews, and aren’t readily found on social platforms. This anonymity raises some concerns about using the platform.
Nevertheless, there are rumors that the minds behind Profit Revolution are MIT computer science graduates. They reportedly found trading success during their college years and developed an algorithm that consistently generated profits. Eventually, they shared this innovation with the world, calling it the “Profit Revolution.”
How Does Profit Revolution Work?
Profit Revolution is an automated trading platform that invests users’ funds in cryptocurrency. The trades operate through CFDs (Contracts For Difference). The platform lets users set customized ‘take profit’ and ‘stop loss’ thresholds to manage risk.
Remember, without these limits, you risk losing your invested money. Profit Revolution strives to set itself apart from potentially fraudulent platforms. They assert that content customers have provided positive testimonials, demonstrating their profits and the platform’s legitimacy.
Pros & Cons of Profit Revolution
Pros
- Beginners can practice with a demo account
- User-friendly interface
- No hidden charges
- Safety measures are in place
- Automated trading for time-saving
Cons
- Some claims online lack verification
- The team behind it remains anonymous
Highlighting Profit Revolution's Key Features
Demo Account
Start by practicing the trading system and user interface with a demo account. You can also test different trading strategies before using real money.
Verification System
After signing up, verify your identity in line with KYC regulations. Provide accurate details during registration, including a photo of your ID and a utility bill.
Claimed Success Rate
Profit Revolution boasts an 88% success rate attributed to its innovative algorithm, which could be helpful for newcomers relying on it to generate profit.
Leverage Facility
With a leverage ratio of 1000:1, traders can amplify their position size without needing a significant capital boost.
Flexible Deposit Methods
Profit Revolution accepts deposits in significant currencies via bank transfers, PayPal, and credit cards, ensuring convenient options for users.
Customer Service
Contact customer service through email, phone, Facebook, and Twitter. Assistance is available 24/7 during the weekdays and extended over weekends.
Affiliated Brokers
The platform collaborates with affiliated crypto brokers, matched based on location, to facilitate trades.
Key Factors to Consider Before Using Profit Revolution
Security
The platform prioritizes safety with SSL certificates to protect personal information and customer accounts.
Fund Withdrawals
Profit Revolution stands out by processing withdrawal requests swiftly, within 10 hours in our test, unlike some competitors that take days or weeks.
User Experience
Navigating the platform is user-friendly, offering easy access to trading, contacts, and account details.
Customer Support
Connect with customer service via call or email and expect human assistance despite occasional short waits.
Affiliated Brokers
Profit Revolution works with regulated brokers, ensuring compliance and enabling access for global traders.
User Testimonials
Positive user feedback dominates, highlighting the platform’s efficiency. A few noted the minimum deposit fee as a concern, particularly in specific regions.
How Does Profit Revolution Compare to Other Automated Crypto Traders?
Profit Revolution stands among a number of different crypto trading robots in a competitive market. Some focus solely on crypto, while others encompass stocks or commodities. Here’s a list of similar trading bots:
- Oil Profit: Concentrates on profiting from oil price fluctuations.
- Ethereum Code: Tailored for ERC-20 coins on the Ethereum blockchain.
- BitIQ: is a newer Bitcoin trading bot showing promise.
- Bitcoin Prime: is widely used for identifying crypto market trade possibilities.
- Bit Index AI: Employs AI to spot potential trades and relay them to partner brokers.
Is Profit Revolution a Trustworthy Autotrader?
Upon encountering varied online claims about the bot’s profit potential, our team delved into this query. Signing up was quick, deposits were processed efficiently, and diverse payment methods were supported. Fund reflection in our Profit Revolution account was fast.
The robot has affiliations with reputable, regulated brokers. Our exploration covered trading mechanisms, customer support, and the demo account. All proved relatively standard, akin to conventional trading platforms. Advertised payouts were instant, and withdrawal requests were swiftly handled within 24 hours.
Plus, strong encryption and 2FA options bolster user account security. Profit Revolution asserts itself as a secure Bitcoin bot by using SSL encryption to shield users’ data.
5 Reasons to Choose Profit Revolution for Trading
- 24/7 Trading: Benefit from continuous automated trading, a perk over manual efforts that require human rest.
- Easy Entry: Designed for user-friendliness, Profit Revolution suits beginners. Basic computer skills and following instructions suffice; prior trading knowledge is optional.
- Outperforming Manual Trading: Complex algorithms, machine learning, and predictive AI allow the bot to process immense crypto data and predict coin trends quickly—unattainable for human traders.
- Diverse Market Access via Regulated Brokers: Partnering with regulated brokers assures users of fund security across various jurisdictions, which is vital amid crypto’s scam risks.
- Time Savings: Unlike manual traders poring over charts and market research, Profit Revolution minimizes time demands. Spend a few daily minutes refining strategies while the bot handles the heavy lifting.
How to Trade Effectively with Profit Revolution:
Based on our experience using Profit Revolution, we suggest starting with the platform’s demo trading account feature. Demo accounts allow you to test your trading strategies in a simulated environment. While you experience actual market conditions, your capital remains safe—known as “paper trading.”
Once you are familiar with the platform and comfortable making trades on the demo account, you can transition to the live market. There, you’ll use your capital to generate profits.
Has Profit Revolution Appeared on TV?
No, the Profit Revolution has never appeared on TV. Despite claims online, we couldn’t find any evidence to support the notion that the platform was featured on entrepreneurial TV shows.
Dragons Den, a show involving investors evaluating pitches, did mention cryptocurrencies and blockchain. Still, there’s no confirmed instance of Profit Revolution being showcased.
Has a Celebrity Endorsed Profit Revolution?
No, Profit Revolution has not been endorsed by any celebrities. Rumors circulated that celebrities like Mark Zuckerberg and Jeff Bezos supported the platform. Still, we need help finding credible evidence backing these claims. Bill Gates and Floyd Mayweather, though involved in crypto, also have no connection to Profit Revolution.
5 Tips for Safe Profit Revolution Use and Risk Management:
- Start Small: Combat greed by beginning with modest investments. Take time to learn before committing substantial sums that could multiply your earnings.
- Save Profits: Don’t reinvest all earnings. Since the bot’s success isn’t guaranteed and hinges on strategy, set aside profits after each trade.
- Follow Expert Advice: Learn from experts’ experiences to navigate trading pitfalls. While hands-on experience teaches, foresight eases the process.
- Maintain Tax Records: Tax authorities often require crypto traders to report crypto tax profits. Keep detailed trade records to comply and avoid issues.
- Only Invest What’s Affordable: This rule applies universally to investments. Profit Revolution can yield gains if approached rationally, investing only what you can afford to lose.
Trading Strategies and Algorithms Made Easy
Automated Trading
Profit Revolution’s automated mode is your 24/7 trading companion, capitalizing on the non-stop crypto market. Craft strategies that function even when sleeping or occupied, given proper parameter settings.
Responding to News and Trends
The Profit Revolution also leverages news events. The bot detects significant price shifts as they occur and executes trades to capitalize on these opportunities.
Exploring Arbitrage Trading
Customize Profit Revolution to scan supported crypto prices across various exchanges, exploiting price differences.
How to Use Profit Revolution - Step-by-Step
To embark on your Profit Revolution journey:
- Sign Up for an Account:
Register by sharing basic information like your email and phone number. You’ll also need to submit KYC documents like an ID and proof of address. - Complete the Registration Form:
During registration, Profit Revolution connects you with a partner broker. If you need an account, open one with them. Fulfill KYC by sharing personal data and potentially proving your source of funds. - Craft a Trading Strategy:
Profit Revolution offers educational resources to help shape your strategy. Choose existing ones, experiment, or devise custom strategies. This bot accommodates all experience levels. - Practice via the Demo Account:
Test your strategy using a demo account. This aids the robot in comprehending your strategy’s nuances, streamlining execution. - Deposit Funds:
Deposit a minimum of $250 into your account to initiate trading. Note that this goes to your broker, not Profit Revolution. Refer to your broker for accurate payment channel details. - Configure Automated Trading:
Profit Revolution’s cryptocurrency trading robot allows automatic trading setup. Define values for critical strategy parameters like entry point, exit point (take profit), and stop loss. Entry and exit points are simple: where you initiate and conclude trades. Yet, the stop loss, located below the entry level for buy trades, closes your position if it falters.
This embodies risk management, tied to how much you’re willing to risk per trade. Typically, it’s advised not to risk over 3% of your total account on one trade. So, position your stop loss so that losses stay below 3% of your entire trading account value.
Profit Revolution: Assets, Markets, and Choices
Which Assets are Available for Trading on Profit Revolution?
Profit Revolution supports four major cryptocurrencies: Bitcoin, Ethereum, Ripple, and Litecoin. However, there are other approaches than direct crypto trading. The platform employs Contracts for Differences (CFDs), which pay the difference between a contract’s opening and closing prices to the accurate predictor.
Here’s how it works: If you open a long contract (a buy contract) predicting a price increase, you gain the difference between the crypto’s initial and final trade prices. For instance, if you start at $15 and it rises to $20, you earn $5. But if your prediction is off, you pay $5. This CFD system allows Profit Revolution to offer over 60 markets, coupling supported cryptos with major currencies.
Leverage Trading Options with Profit Revolution:
Profit Revolution provides leverage of up to 1000:1 on CFD trades. While competitors might offer higher leverage, Profit Revolution maintains reasonable limits, considering excessive leverage could lead to compounded financial losses, especially for beginners.
Spreads on Profit Revolution:
Profit Revolution doesn’t explicitly state spreads on its website.
Can I use Profit Revolution in my country?
Can I use Profit Revolution in the US? | No |
Can I use Profit Revolution in the UK? | No |
Can I use Profit Revolution in Australia? | Yes |
Can I use Profit Revolution in Sweden? | Yes |
Can I use Profit Revolution in Germany? | Yes |
Can I use Profit Revolution in Austria? | Yes |
Can I use Profit Revolution in Switzerland? | Yes |
Can I use Profit Revolution in Denmark? | Yes |
Can I use Profit Revolution in Finland? | Yes |
Can I use Profit Revolution in Norway? | Yes |
Can I use Profit Revolution in Poland? | Yes |
Can I use Profit Revolution in Romania? | Yes |
Can I use Profit Revolution in New Zealand? | Yes |
Can I use Profit Revolution in France? | Yes |
Overall Verdict on Profit Revolution:
While we found no celebrity endorsements or top-show features for Profit Revolution, its auto-trading prowess is evident. Distinct from many single-coin-focused bots, this autotrader supports various top coins, appealing to diversifying traders.
The signup is straightforward, and the user interface suits beginners. Platforms like Bitcoin Trend, Crypto Profit, and Bitcoin Champion also offer CFD trading. Notably regulated, Profit Revolution employs robust security measures to safeguard user accounts.
Review Methodology
We compile various tests, reviews, and feedback across the internet to provide a comprehensive perspective in our Profit Revolution review. We aim to offer a well-rounded view based on multiple sources.
For more on our testing process, refer to our “why trust us” and “how we test” sections. Given the prevalence of misleading testimonials online, particularly concerning trading robots, it’s vital to gather and compare information from various sources for a reliable Profit Revolution review.