WunderTrading Review: Automated Crypto Trading Platform

WunderTrading Review: Automated Crypto Trading Platform

WunderTrading review 2023: Can WunderTrading truly help you automate your trades and maximize profits even with almost 0 previous trading experience?

If you’re a trader, this WunderTrading review may be of interest  to you. Doesn’t matter if you’re a day trader, swing trader or just someone who likes to automate his/her trades.

Let’s not waste any more time and get started?

If you’re worried about the involved costs, let me tell you it’s 100% free. Yes, no strings attached and no cards required. You get access to almost all the features, for free, forever.

WunderTrading Review: What is WunderTrading?

As the name suggests, it’s a “trading” platform. But, the “Wunder” roughly translates to “Wonder” because it’s capable of some really magical things!

Just a few of the possible features on WunderTrading include:

  • Copytrading (Copy exact actions of other experienced traders)
  • Create your own trading bots
  • Buy cryptocurrencies using credit/debit cards
  • Portfolio tracking across multiple exchanges
  • Advanced terminal for automating trades and strategies.

I’ll of course review and discuss each of these features in detail. That’s exactly what this WunderTrading review is about, isn’t it?

*WunderTrading never has direct access to your funds. They remain on your exchange account. So, while the platform does trade on your behalf, it can’t steal or run away (withdraw) your funds.

Also, in most cases, you get to control the permissions for the API. You can hand-pick the permission you wish to grant or revoke. Even at a later time, the API access can be revoked remotely hence eliminating any fund-loss risks.

Supported exchanges and the setup process

WunderTrading doesn’t hold your funds on the platform.  Hence, you’ll obviously need to connect an exchange to the platform. The exchanges are where your funds actually live while you automate your tasks using WunderTrading.

To connect WunderTrading to your exchange, you’ll need to use your exchange API. I get it, you’re not a coder or a tech-whiz, you may not have any idea what an API is or how to use is.

Well, it’s as easy as copy-pasting in most cases. On almost all the exchanges, you can find an API option/tab/link/page. If you can’t, simply contact your exchange’s customer support and they’ll guide you to it.

Simply select the correct exchange on WunderTrading, and enter the API key and the “secret” you get for your API key. These two are always displayed on the same page so all you’ve got to do is copy them and paste them here.

WunderTrading API

For now, WunderTrading supports the following exchanges:

  • Binance
  • FTX (including FTX US)
  • ByBit
  • Kraken
  • Deribit
  • Kucoin
  • Okex (including futures and swap)
  • Bitmex
  • Binance Futures (USDT-M and COIN-M)

I’ll be honest, this isn’t the longest list. However, it does cover almost all the major crypto exchanges out there.

User-Interface

For any of my reviews, I tend to start with the UI. That’s because a hard UI will mean an instant failure and any number of features will be pointless.

Here’s what you see once you’ve logged in to your WunderTrading account:

Wunder trading UI

You can see all the primary features and settings on the left-sidebar. The centre-screen shows more important features and an overview of your portfolio.

Anyway, if you’re on this WunderTrading review, you clearly have quite a bit of knowledge as far as computers or basic websites go.

I doubt there’s something you’d have trouble understanding on the above page, would you?

Copy Trading

Copy trading is basically:

“Money making on automation, with 0 knowledge or skills required”.

Let’s say you don’t have a lot of trading expertise. You aren’t well-versed with technical analysis or just are a victim of bad decisions.

CopyTrading lets you “copy” what other skilled traders are doing, on automation. You can also follow bots created by these traders.

In fact, a research by the Watson Research Center (backed by IBM) found that copied trades generally produce more positive returns than normal (self) trades.

WunderTrading shows you a very long list of available traders & bots.

WunderTrading copy trades

It shows their trading volume, profit & loss, average P/L ROI, no. of bots they’re using and other information.

You simply need to look at someone who’s had good ROI.

By going to their profile, detailed stats can be obtained. This would include:

WunderTrading copy trader profile

  • P/L
  • Maximum loss
  • Maximum gain
  • No. of trades
  • Profitable percent
  • Profit factor
  • Trading volume etc.

The platform also uses charts and graphs to better illustrate to you the trader’s performance over a week, month and for all time.

The profile also shows the trader’s live as well as previous trades. This helps you choose your traders wisely.

WunderTrading also lets you control what you wish to copy. You can either copy all actions (this would include the trader’s TP and SL) or simply the entry and exits. You also get to choose what percent of your funds should be allocated to this specific trader.

Copy trading is completely automated. Meaning, once you follow and subscribe to a copy trader, the trades are automatically copied and executed on your behalf.

In other words, you can simply forget about your account while it makes money for you.

Advanced trading terminal

Okay I’ll be honest, this isn’t a feature I use a lot. That’s because for the most part I use TradingView or my exchange directly. However, it sure is a feature that most of you would probably love.

So, it’s a trading terminal that’s primarily TradingView but on steroids. Currently, two trading modes are available:

  • Classic
  • And DCA

Using the terminal is as easy as it could be.

For starters, you simply select your order type. It could be a :

  • market order
  • a limit order
  • Or a stop-limit order.

You can also choose the exact portfolio % you wish to use for each strategy. Multiple take profits, a stop loss and even a trailing stop can e set just as easily.

WunderTrading trading terminal

You can choose the exact position size as well as the % at which you wish your TP/SL to be executed.

Create your own bot

Trading bots are a controversial topic. There are its fans, and those who’re against it. Either way, if you want to, WunderTrading lets you create your very own trading bot.

Creating one only requires a few clicks and absolutely no coding skills. Obviously, I’d only recommend this to those who’ve got at least some experience with trading or technical analysis .

You basically set your rules. The take profit percent, stop-loss, trailing stops, percent of funds you wish to allocate and all the other small details.

Once you’re done, the bot will follow your rules and trade on your behalf while you sip a martini somewhere on a beach.

Buy Crypto using credit/debit cards

I doubt any of you on this WunderTrading review don’t own crypto. However, if for some reason you don’t, or simply wish to add to your portfolio, you can do that directly on WunderTrading.

WunderTrading uses the very popular platform- Simplex for its crypto buying services. It allows the purchase of:

  • BTC
  • ETH
  • LTC
  • BNB
  • TRX dozens of other coins.

You can use VISA/Mastercards to make the purchases. SEPA bank transfers too are accepted.

Simplex charges a flat 5% fee on each transaction. Do note that Simplex does require KYC verification for these purchases.

The smallest allowed purchase is 5EUR, with a daily and monthly limit of 20,000 EUR and 50,000 EUR respectively.

WunderTrading pricing

So, the platform is letting you follow traders, copy their trades, create your own strategies & bots, and even buy Bitcoins. How much does WunderTrading cost you ?

$0.00. WunderTrading has a free forever plan that offers almost all the features the paid plans do (obviously with a few exceptions).

However, it does have 3 paid plans you can go with:

  • Basic: $9.95/month
  • Pro: $24.95/month
  • And Premium: $44.95/month.

The primary differences between the plans are because of the no. of open positions, active bots, and no. of APIs you’re allowed.

Given the free plan and the pricing for its paid plans, I’d say it’s a rationally-priced tool without burning a hole in your pocket.

Support

Let’s discuss one final aspect before I conclude this WunderTrading review? The company does offer live-chat. However, the live-chat feature isn’t available on weekends.

When online, the support team is  very fast and responsive. You don’t feel like you’re talking to some robotically trained staff.

Apart from live-chat, the team can also be contacted via e-mail as well as calls.

Pros:

  • Easy to use platform
  • Customizable copy trading
  • Very advanced trading terminal
  • Direct crypto buying
  • Free forever plan
  • Fast and responsive support team

Cons:

  • More exchanges can be supported.

WunderTrading review: Final verdicts

So, how good/bad of a trading platform is WunderTrading? In my opinion, it’s a perfect place to start if you’re the least bit interested in copy trading or trading bots.

Obviously, you can also use the trading terminal for advanced automation, however, that’s something that does require a bit of advanced trading experiences.

Talking about improvements, I’d like if Wundertrading made bot creation a bit simpler or with more explanation. However, it’s still not a deal-breaker.

Overall, if I consider the price to features ratio, I’d say WunderTrading is every bit worth a try. Why trust this WunderTrading review, eh? Go try it out, it’s 100% free to sign up (no cards required) so what have you go to lose?

A Beginner’s Guide to NFTs Trading

A Beginner’s Guide to NFTs Trading

NFTs are very popular despite being an emerging innovation. The innovation now attracts many investors interested in benefitting from it differently. For some, like creators of art and other collectibles, NFTs provide an opportunity to prove ownership, track, collect, and share their works. For traders, NFTs offer a fantastic opportunity to make a profit.

NFT trading is particularly popular with investors. This popularity continues to grow, and several factors drive it. One of the most critical driving factors is the value of NFTs. NFTs tend to be high-value digital assets. Their price is volatile and depends on the market dynamics, especially demand. And this provides an opportunity to trade NFTs and make a good profit.

If you have invested in crypto trading before, then NFT trading should not be difficult to grasp. The Profit Maximizer app provides an excellent platform for trading various assets. Here, you can trade cryptocurrencies, stocks, commodities, and features. Perhaps, you can visit quantum-ai-trading.com for more details.

What is NFT?

NFT is a non-fungible asset, a unique digital certificate representing ownership of a particular investment. Essentially, you can tokenize any asset to develop an NFT. For example, you can tokenize a video clip and create its NFT. The NFT will not replace the video clip. It will only provide a digital certificate to prove ownership of the video clip.

Since NFTs depend on the blockchain, once created, they form a permanent record that no entity can delete or manipulate. Moreover, every time the NFT changes hands, this is recorded on the blockchain, making it easy to track the ownership of an NFT back to the original owner. Once you own an NFT, no one else can own it unless you give it away or sell it.

NFT Trading

NFT trading is simply trading NFTs as an investment asset. Just like you would buy and sell other assets like stocks or crypto, you can also purchase or sell NFTs as a trader. The idea is to buy low-price NFTs and sell them at higher prices. If you do so, you make a profit, hence the essence of NFT trading.

To trade NFTs, the first thing to consider is where to exchange them. NFTs trading primarily takes place on NFT marketplaces such as OpenSea. These marketplaces contain many NFTs for buying and selling. Therefore, it is essential first to identify a good NFT marketplace that includes many NFTs and does not have hidden costs.

How to Trade NFTs

It is simple to start your journey into NFT trading. First, you need to have a crypto wallet where you’ll hold your NFTs. Consider crypto wallets that align well with the NFT trading conditions, including the cryptocurrency, supported.

Second, acquire NFTs by buying them from the NFT marketplace using cryptocurrency. However, you can also achieve NFTs by participating in NFT games. Either way, ensure that you only accept tradable NFTs that have value and are sellable. Don’t buy NFTs that you will have problems finding buyers.

Finally, create your user account on the NFT marketplace and create your profile. From there, you check out the NFTs on the market and decide which one to buy. Also, you can list the NFTs you want to sell.

Conclusion

NFT trading is not that complex, as you can see from this simple beginner’s guide. However, you require a good understanding of NFTs and how NFT trading works. Remember that just like cryptos, NFTs are highly volatile, and trading does not guarantee profits.

11 Best Online Trading Platforms For Daily Trading January 2022

You can develop a fundamental understanding of how these markets work differently from US markets. You will gain insight into trading platforms, technical analysis and stock trading under various circumstances. In addition, it will represent a large part of global financing for the context. Alexis W. Each of the online trading companies has one thing in common: it has more personal responsibility in the hands of investors. There are many types of online trading companies, including discount brokers, commodity trading companies and currency or currency trading companies.

Without realizing it, this paved the way for the currency, which represented a standard measure of the value of services and products. This in turn resulted in a series of financial / economic developments such as credit facility, stock trading, etc. The SEC defines best free commission trading app daily trading as buying and selling or selling shorts and buying the same guarantee, often one share, the same day. In addition to the free trade in shares and options, Firstrade does not charge commissions for mutual funds, an agreement that no other broker equals.

Access to electronic services may be limited or unavailable during periods of increased demand, market volatility, system upgrades, maintenance or other reasons. So far, this guide has discussed a selection of the best online trading platforms in online space. We have also explained the many important statistics that you should consider before choosing a provider.

But it is also suitable for novice investors who will realize that there are no minimum or annual rates. The best online day trading platforms offer advanced features, fast execution, a great selection of research, a robust mobile application to operate while traveling and low cost. The market has become more accessible, but that does not mean that you have to take online trading lightly. In this article, we will look at the different types of online business accounts, as well as how to choose an online broker, perform operations and protect yourself from fraud.

Tastyworks is a highly customizable trading platform best suited for experienced active operators, who will not be baffled by its features and interface. The platform’s toolkit allows users to build and analyze complex investment strategies, especially for option trading. However, some areas are missing, namely the selection of securities and the deposit and withdrawal options. Access to Business Tools – Many online trading platforms provide their users with a range of trading tools that provide valuable information and assist sellers in their business decisions.

TD Ameritrade has the best ranking on our list of the best online runners for your mobile app and your beginner options. The latter may also refer to new traders who are in charge, as TD Ameritrade has the most comprehensive learning resources of any daily trading platform in our survey. In addition to online access to your investments, these companies generally link you to a financial advisor, who can advise on which actions to buy or even manage your entire portfolio for you.

Or maybe you have heard terms like “noise merchant” or “arbitration merchant” and want to know more about it. Please note that trading should not be confused with “daily trading”, which is the quick purchase and sale of shares to take advantage of small price changes. Daily trading can be extremely risky, especially if you try to trade borrowed money during the day. The $ 0.00 commission applies to US online stock exchange transactions. There are legal costs for options (from $ 0.03 to $ 0.05 per contract) that apply to both purchase and sales transactions.

Cobra’s daily trading platform, TraderPro, is well equipped with advanced graphics capabilities. It contains level 2 quotes, keyboard shortcuts and a locator to find actions to borrow for short surgeries. TraderPro offers a decent level of customizable features for exchanging alerts, news and checklists.

Robinhood is also worth considering if you want to invest in ETF or cryptocurrencies or if you are looking for a penny trading platform because of its user-friendly design. Since fast trading is essential for daily trading, professionals prefer online brokers who offer direct access to markets. Direct access brokers enable traders to route their orders directly to specific exchanges, electronic communications networks, market makers and dark groups.

If you are an experienced trader, you know that the MetaTrader series is very popular. For those who don’t know, both MT4 and MT5 are third party trading platforms located between you and your chosen brokerage site. Many operators opt for a corridor that provides access to these platforms because they are full of advanced tools. But direct access to markets costs money, which is why brokerage platforms demand direct access commissions, unlike much of the better known online brokerage. When the equity, bond and ETF commissions are zero, it suggests that third party commissions are paid to an online brokerage to direct the flow of orders to specific intermediaries.