The AI revolution that has taken the year by storm revealed just how powerful and valuable AI-powered applications can be. As such, traders are turning to AI crypto trading bots to help elevate their trading and bring them to profitability.
However, the market is saturated with numerous trading bots, each claiming to be better than the last. Which one can you trust?
Our Trader AI review dives into one of these bots that has risen to garner attention from traders. It explores its features, highlights its strengths and weaknesses, unpacks the factors that make it more suitable than others, and finally renders a verdict on its preferability as a trading tool.
By the end of this guide, you should be able to decide on using Trader AI as your new trading tool.
Having undertaken extensive research and investigations, we can assume that Trader AI may well be a legitimate crypto trading platform. All claims made by the platform appear to be accurate.
If you are interested in signing up for a free account with Trader AI, then use the link below to get started and an account manager will walk you through the process.
Sign up with Trader AI
Trader AI is an artificial intelligence-powered trading bot that uses deep learning models to analyze market data, learn how prices tend to move using recurring patterns, and make predictions based on established mathematical rules.
The bot’s primary goal is to make trading as easy, effective, and profitable as its code will allow for beginners, and to elevate professional traders to new levels of profitability.
The creators of Trader AI are still anonymous; information about them is unavailable on their website or other official channels. However, we believe them to be a group of traders and developers.
While anonymity among the upper management of a company is usually a red flag, crypto projects are peculiar as the industry is littered with projects whose founders choose to remain anonymous.
While we have vetted the bot and seen that it is legitimate, we need to know how effective or sustainable the company’s internal policies are. So, always proceed with caution.
Trader AI uses deep learning, statistical, and probability models to analyze large amounts of market data. The goal is to get as many data points as possible and use them to train the algorithm’s models so it has as close to a holistic view of the market as possible.
The market tends to repeat itself periodically. These periods are called cycles, and they occur because many factors affecting price tend to recur.
By analyzing gigabytes of data, Trader AI can draw mathematical relationships between these factors and price reactions.
Because these factors tend to recur, the market tends to behave the same way when they do. Trader AI watches for these patterns and then predicts how prices will react based on specific factors and general market conditions.
The beauty of Trader AI is that it can adapt and learn as time goes on, so even if market conditions change, the bot can note the changes and incorporate them into its analysis.
When the bot makes a prediction, it could notify the user or execute the trade automatically. The default mode is the latter.
The bot integrates with trading terminals provided by broker partners. Through these terminals, the bot executes crypto CFD trades.
CFDs, or Contracts for Differences, are financial derivatives that mimic the price actions of an underlying asset, in this case, crypto. These contracts are traded in place of the crypto themselves and provide benefits that we discuss in a later section.
Thanks to its integration with AI, Trader AI can achieve a claimed success rate of 95.7%, one of the highest even among crypto trading bots. While this figure is an upper boundary, and the actual rate is not always at 95.7% on average, the bot maintains a high enough success rate to power sustainable profits.
Trader AI has a surprisingly simple interface. It is purposely designed to enable anyone to use the bot easily. Its features are well laid out and designed to be very point-and-shoot, so even people with little trading knowledge can click on buttons and implement various features.
Trader AI features a demo account that uses live market data to create a trading environment that does not risk real cash. Traders can use this mode to test new strategies, improve profitability, or test the bot’s features.
Trader AI is one of the cheapest bots on the market. It does not charge deposit, withdrawal, account maintenance, or inactivity fees. The bot also does not charge a profit commission like most others do. All profit you make is yours to keep.
Trader AI runs a customer service team that is always available to solve user issues or queries. The team is available 24/7 via live chat, phone, and email. The fastest methods are usually phone and live chat, but email is excellent for solving more technical problems.
Trader AI uses network firewall technology like SSL encryption to protect its network from malicious data traffic. The platform also implements various firewalls and protection to guard against remote attacks and hacks.
So far, there haven’t been any reports of breaches to the bot’s website or servers.
Trader AI has one of the most affordable fee structures in the industry. While it is commonplace to see bots charge a percentage on profit (usually 2%), Trader AI stands out by not charging any fees, not even a commission on profits. Everything we made using the bot was ours to keep.
Trader AI accepts deposits through bank transfers, credit cards, and e-wallets like PayPal, Skrill, and Neteller. There is a minimum deposit limit of $250; however, that is a one-time payment to gain access to the live market.
Withdrawals are free and easy on Trader AI. Unlike deposits, there are no withdrawal limits. We were able to withdraw our funds freely. The process takes roughly 24 hours, sometimes less, based on the total volume of orders the company has to process within the same period.
You may need to provide ID before processing your request to ensure that a nefarious actor who may have gained access to your account does not steal your funds.
Trader AI’s customer service team is available 24/7 via live chat, email, phone, and online form, more communication channels than most others. We could reach them on all four channels; however, the phone lines may not be available in some countries.
Online reviews about Trader AI are a mixed bag because many people mistake several fakes and scams for the real bot and end up disappointed. For example, a simple Google search yields up to four different Trader AI websites, which are almost undoubtedly scams.
However, we also saw sterling reviews, which we assume are from genuine service users and match our experience with the bot.
Trader AI works with regulated crypto brokers and implements KYC for all users. To access the bot’s features, you must submit verifiable ID and proof of address documents. This process is generally quick and easy provided you have the records.
Our experience took about 30 minutes because we had the documents ready. The process is faster when you submit during official work hours.
Trader AI isn’t the only crypto trading bot helping people make a profit. Several others are also pulling their weight. If Trader AI may not be suitable for you, here are others worth a look.
All indicators point to Trader AI being legitimate. Because of its opaque management structure, we tested the quality of its customer support team and its service delivery.
The customer support team appeared standard and professional, a trait lacking among scam sites. Team members were willing to help us with our issues and respond to our queries, even when they seemed repetitive.
In service delivery, all systems were functional while we used the platform. The various processes like withdrawals, verification, and deposits worked well through our use (although we could verify only once).
Trader AI is as safe as software platforms can be in this day and age, which means that it’s not impervious to hacks; however, it has successfully stayed ahead of them by implementing state-of-the-art encryption, like SSL domain encryption to protect from unwanted (and potentially dangerous) web traffic.
To protect users’ funds, the company directs users to deposit with third-party brokers so that the attacker would have no access to funds if its servers are ever breached.
Lastly, to prevent internal fraud from users, Trader AI requires everyone to submit ID documents before granting access to its services.
Accuracy is the most prominent reason to use Trader AI as a tool. Even among other crypto trading bots, Trader AI stands out with a 95.7% success rate thanks to the quality of its build and the cutting-edge technologies (like AI) used to power its analysis.
While we don’t expect the bot to deliver 95.7% success in all trades, we have seen that the bot performs significantly better than manual professional traders.
Trader AI appeals to the masses because it is easy to use. Unlike many trading bots with a steep learning curve that discourages newbies, Trader AI emphasizes making its platform as easy to use as possible.
As such, account dashboards feature a simple layout with features represented by descriptive icons and text that highlights its function when the mouse is hovered above the icon.
The bot’s automated mode ties in with being easy to use. However, the bot goes beyond being easy to use with its automated mode. This mode caters to the complete beginner who may need help understanding the concept of stop losses or risk management.
With the automated trading mode activated, the bot can handle all aspects of trading for the newbie, from setting an appropriate stop loss to sensible take profit and entry levels. All they need to do is indicate how much loss they will tolerate and allow the bot to handle everything else.
Trader AI has a high uptime percentage. While the company did not give an official figure, we have not experienced an inactive period since we started testing the bot. The crypto market trades 24/7; hence, the bot allows traders to take advantage of global liquidity moves in major markets.
And thanks to the automated trading mode, users can set strategies that make money while they sleep, work, or play.
Trader AI is one of the most affordable trading robots on the market. It does not charge any of the fees that other robots charge. Deposits and withdrawals, trading, and account management are free. Furthermore, the bot does not charge a commission on earnings, making it an ideal trading tool.
To trade well with Trader AI, you must first understand where you stand in the range between a skilled trader and a novice because there are specific steps that intermediate traders could skip that may prove disastrous for newbies.
If you are a new trader, always start with the demo mode. It provides an environment where you can experiment with various features and strategies without unnecessarily risking capital. This mode also allows you to use live market data to build trading skills, knowledge, and discipline.
Intermediate and advanced traders may use the demo mode for entirely different purposes. An intermediate trader may use the demo mode to test new features and custom strategies, while an advanced trader may try out new configurations.
The automated trading mode is also a must for new traders as it will help prevent you from making mistakes due to emotions like fear and greed. Refrain from tweaking the automated trade mode too much to avoid inadvertently changing how the bot executes crypto trading strategies.
Intermediate and advanced traders, on the other hand, may make specific changes to the automated trading mode for various purposes.
Ultimately, the goal is to use Trader AI in ways that help minimize risk and maximize profit. As you become more familiar with the bot and the market, you will be able to do this more effectively.
Trader AI is rumored to have appeared on various TV shows for different purposes. Here, we debunk these claims.
Shark Tank is a famous American business show featuring entrepreneurs who pitch their businesses to a panel of seasoned investors and business people, called the Sharks, to attract investments and possible partnerships.
Rumors that Trader AI appeared on the show to pitch the Sharks sprung up. We immediately got to work combing through the shows’ archives. We did not find any episodes where Trader AI appeared. Hence, the rumor is false.
Dragon’s Den is a British show with the same premise as Shark Tank; however, the panelists are called Dragons. The major difference between this show and the last is the location and viewing audience. Nonetheless, rumors arose that Trader AI’s representatives came on Dragon’s Den after Shark Tank to solicit investment.
We checked the show’s archives and, like before, did not find any episodes that featured Trader AI.
This Morning Show is a lifestyle show with cooking, fashion, and business segments. The show often hosts guests from all walks of life to give the audience variety and possibly helpful life tips. For guests, it is a great way to get some good PR.
Rumors claimed that a representative from Trader AI was featured on the show at the intersection of business and technology to get some positive PR for the company. As usual, we dug into the show’s archives and found no episodes where Trader AI featured.
Like the rumors about TV shows, claims arose that Trader AI formed partnerships and endorsements with various celebrities. We debunk these claims here.
Mark Cuban is a billionaire businessman who has achieved tremendous success investing in various businesses, some of them crypto-related. He is also a panelist on the hit business show Shark Tank. As such, many have linked him to Trader AI claiming that Mark invested in Trader AI.
After looking through Mark’s public portfolio, we can conclude that Mark did not invest in or partner with Trader AI.
Elon Musk is one of the most influential names in crypto. The CEO of innovative companies like Tesla, SpaceX, and now X (formerly Twitter) has shown his approval for crypto by allowing people to purchase items from the Tesla merchandise store using Dogecoin.
He also purchased billions of dollars worth of Bitcoin back in 2021.
Because of this, some online forums claimed that Elon invested in Trader AI. However, our research shows that these claims are false.
Bill Gates is a businessman turned philanthropist who still influences the business world. Because of this influence, rumors rose that Bill was linked with Trader AI because of its technology and his history as a massive technology company leader.
However, Bill has openly spoken out against cryptocurrency and has maintained his stance against it. Hence, all rumors about endorsements, partnerships, and investments are false.
When starting, especially if you are a new trader, refrain from using all your capital on one or a few trades. The minimum deposit limit is $250 which, combined with sound risk management, should be enough to execute several trades.
Only add to your capital once you have a sound strategy that yields profit. This is where the demo account comes in. Use it to test and refine your strategies until they are consistently profitable in the demo mode, then use a live account.
Reinvesting profit back into a growing account is a good strategy. However, the market is volatile, and Trader AI is not infallible. Try taking out some profit periodically to create a financial cushion in case you lose the account.
Diversification is also a sensible strategy when used appropriately. Avoid putting all your eggs in one basket by leaving all your profits in your trading account.
Documenting your trades helps you do two major things. First, it serves as a record for tax purposes. Countries have begun implementing tax laws, which will kick in soon (if they haven’t already in your region). Your records will help you remain compliant with the tax code.
Secondly, records allow you to monitor your trading skills and processes. It helps you determine if you are growing or not, how fast, and how well the bot is assisting in your growth.
As a caveat, keeping records also helps you spot subtle changes in market conditions, which could present opportunities to make a profit.
The crypto industry moves quickly, and opportunities here today may be gone by the close of business. You must know how to take advantage of growing trends and market-stopping events. Being in the know can also save you from losing money.
A good example is people with knowledge of FTX’s issues ahead of time. They would have been able to short the token or withdraw their funds. Getting industry knowledge can help immensely.
No one survives on their own in the market. It would help if you had guidance from people who know more than you. However, you must be careful when choosing who to learn from; several influencers in the space pretend to be experts without knowing much.
Stick with verified financial institutions by subscribing to their newsletters. You can also read reports from popular sites like Benzinger.
To begin using Trader AI:
Navigate to the website and complete the registration form with your name, phone number, and email address.
Next, verify your account by clicking on the confirmation link, which will be sent to your inbox, or by getting on a call with a customer support staff member (depending on your country). You must submit KYC documents like a valid ID and proof of address documents.
After verification, choose a broker from the list of partners and open an account with them following the same process above.
Next, you must deposit funds into your account to start trading. You can do so through a bank transfer, credit card payment, or PayPal. Remember that the minimum is $250.
Use the demo account to test and refine your trading strategy.
Once satisfied with your strategy’s performance in the demo mode, activate a live account to begin trading in the live market.
Trader AI supports five cryptos, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). However, the bot can offer over 20 trading pairs thanks to CFDs.
CFDs are tradable financial contracts that pay the difference between their strike and market prices at the time of sale. Traders use it to profit from price movements without buying the assets they represent.
With CFDs, traders can long or short cryptos to profit from price action in both directions. For example, if you open a $300 Bitcoin long trade at $30,000 per BTC and the price rises to $25,000, you make a $50.00 profit. However, if BTC falls to $25,000, you lose $50.00.
In partnership with brokers, the bot uses CFDs to represent crypto-fiat and crypto-crypto trading pairs.
Trader AI offers a maximum leverage of 1000:1 for its trading pairs, meaning you can open positions up to 1000x your capital. Note that this facility is high by all standards and dangerous, especially for inexperienced traders.
The recommended maximum leverage is 100:1 although some brokers, especially those in the US cap out at 25:1. However, when sizing positions, stick to a 100:1 maximum.
Trader AI does not specify spreads on its website. You should check with the broker partner to find out the spreads. Usually, spreads change with trading pairs and market conditions. They are broader in volatile markets and slimmer in stable markets. Spreads for more exotic cryptos tend to be wider than those of popular ones.
We explored Trader AI as a crypto trading tool and found it suitable because of its cutting-edge AI tech which powers its 95.7% success rate claim, its easy-to-use platform, low cost, and efficient customer support staff.
The automated trading mode will be helpful for novice traders while the fully customizable dashboard will be useful for advanced traders.
Remember that you’ll need to deposit at least $250 to gain access to the live market and that despite being a crypto trading bot, you’ll need to pass KYC.
To begin, sign up for a Trader AI account.
We review crypto robots by aggregating various tests, reviews, and testimonies across the web, allowing us to give you a balanced view that accounts for multiple perspectives. Check out our why trust us and how we test pages for more information on our testing process.
We are aware that the internet is full of false testimonies: there are several purported trading robots out there that are, in fact, scams. For this reason, we find it essential to compare information from across the internet in our Trader AI review.