Altrix Edge review 2024
Investing options: 4.3
Platforms & usability: 4.1
Products, markets, & assets: 4.4
Safety & reliability: 4.2
Deposits & withdrawals: 4.4
Research & analysis tools: 4.6
Fees & costs: 4.2
Education & learning resources: 4.4
Altrix Edge review Summary
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This Altrix Edge review explores how the AI trading robot works and how it can make you a better trader. Our team of crypto experts have investigated the science behind the Altrix Edge software and scrutinise the claims the platform makes about its success rate and how much money you can make.
Read on to compare Altrix Edge to other automated services and find out whether Altrix Edge is a legitimate trading platform.
We know numerous websites that use false celebrity endorsements to send customers to unregulated brokers or call centres. Our website will only send customers to partners who have provided us with the required regulatory assurances. This is a marketing offer, and our regulated partners will indicate their available services upon registration.
Based on our research, Altrix Edge appears to be a genuine trading robot
We test every crypto robot extensively and only recommend software that looks legitimate. The results of our investigation suggest that Altrix Edge seems to be a genuine trading bot. To sign up for a free trial and test the software for yourself, follow the link below. Once you’ve done so, an account manager will call to explain how to create an account and set up the bot.
What is Altrix Edge?
Altrix Edge is an automated trading platform that uses artificial intelligence to find potentially profitable crypto trading signals. It then uses this information to place those trades automatically. The robot uses a set of 22 fundamental and technical indicators to predict the future price fluctuations of a cryptocurrency asset.
In addition to its automated analysis tools, Altrix Edge provides manual trading as well. You can use this service to manually specify the trading parameters for a particular asset (e.g. to buy Bitcoin at a certain price). The Altrix Edge crypto robot then scans the crypto market for you, 24 hours a day, and executes each order as soon as your specified conditions are met.
This can be a significant time saver, as it allows experienced traders to place multiple trades at a much faster pace than would be possible without the aid of AI.
Pros & Cons
Altrix Edge summary
|BTC, ETH, LTC, XRP, BAT
|24 – 48 hours
About Altrix Edge platform
How does Altrix Edge work?
Altrix Edge works by using artificial intelligence to identify trading opportunities, then sending the details to a third party broker which then executes the trades. No human input is required, other than to set the guidelines the robot should follow.
The AI is governed by a set of algorithms which are coded into the software. These rules dictate how the bot can operate and how it can make informed trading decisions. They instruct it on how to analyse real time market data, so it can identify market trends and potentially profitable trades.
To actually place the trades, Altrix Edge has partnerships with reputable and regulated brokers. After analysing trading signals, the Altrix Edge software sends instructions to one of these brokers using an API. The broker executes this order to open or close a trade automatically, with no need for human intervention.
What assets and products can be traded on Altrix Edge?
The Altrix Edge trading account offers trading in prominent cryptocurrencies, including:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Ripple (XRP)
- Basic Attention Token (BAT)
In addition to leading cryptocurrencies like Bitcoin, the trading platform also supports trading in other financial assets as well. Altrix Edge claims to work for gold, index, and forex trading as well.
How much does Altrix Edge cost to use?
You will not need to pay any fees to access Altrix Edge. The crypto trading platform states that no fees or hidden commissions are involved in using its services and you can access basic market sentiment analysis for free.
However, to use the automated trading software, you are also required to register an account with one of its partner brokers. Trading cryptocurrencies on these platforms may cost you a fee each time, usually around the 2% mark.
What are the payment methods accepted by Altrix Edge?
Altrix Edge offers a variety of payment methods, including Mastercard, Visa, Skrill, Neteller, and PayPal. To get started with Altrix Edge, you need to deposit a minimum amount of $250 from any payment method.
The automated trading software does not place any limits on withdrawals and a trader may withdraw whenever they want. The withdrawal amount is directly credited into your bank account and may take 24-48 hours.
Here is a list of the available payment methods accepted by Altrix Edge platform.
- Credit Card
- Debit Card
- Bank transfer
Is there an Altrix Edge app for both mobile and laptop computers?
Yes. Altrix Edge is designed to be accessible from any operating system on a desktop or laptop. No Altrix Edge mobile app exists, but you can access the website from a mobile browser.
Note that the accessibility might be more convenient on a desktop than on a mobile. Here is a list of devices you can use to access your Altrix Edge account on.
- Desktop computer
Altrix Edge key features
Altrix Edge has a wide range of features, and some of them make it stand out from other Bitcoin trading robots. Here’s a selection of Altrix Edge’ unique features.
Other assets are available
Altrix Edge aims to be a one-stop-shop for all your online trading needs, and it isn’t solely focused on the cryptocurrency market. You can use its automated trading software to buy and sell other assets. An Altrix Edge account can be used for forex trading, commodities trading, and indices trading, too.
Leverage is a way to maximise your profits. With Altrix Edge, you can obtain leverage up to 1000:1. That means for every £1 you deposit, you can make trades worth up to £1000, so you won’t have to deposit large amounts of money into your account to make big trades.
However, you should use the risk management tools on offer to reduce your exposure to large amounts of leverage. Leveraged trading can be risky, as it involves borrowing from one of the partner brokers. If your exposure gets too risky, they have the right to liquidate (close) an open position at any time.
Use CySEC-licensed brokers
Regulation and safety are important features to consider when choosing a cryptocurrency robot, and with the Altrix Edge platform, you can use brokers regulated by CySEC. This is one of Europe’s largest regulators, so you’ll be trading with the added safety of strong regulation.
You should never permit trading with unregulated brokers. Altrix Edge states that any broker it partners with is regulated, but you should do thorough research into those platforms to ensure that they are before you deposit any money.
Free demo account
You can test the crypto trading platform and its features without risking any money by using its free demo account. Demo accounts allow you the ability to trade the crypto market with virtual money, test the robot’s analysis tools, and see which markets perform best for you before moving on to a live account.
Which brokers can I use with Altrix Edge?
Altrix Edge asserts that all its partner brokers are regulated and adhere to KYC and AML guidelines (to protect you from fraud and money laundering). However, Altrix Edge does not list these brokers on its website, so it’s difficult to verify this information.
Our investigators discovered that UFX and 24Option are two of the platforms you can use the automated software on.
Can I trade assets with leverage?
One of the Altrix Edge pros is that it offers leveraged trading with CFD instruments in crypto and other assets. The official platform does not give details on the leveraged amount, but our research suggests that leverage up to 1:1000 can be found.
Always remember that trading with leverage is risky. While it does give you the chance to make much more money, the losses can be exponentially bigger as well you run the risk of losing all your money if a trade goes against you.
Can I open long and short positions with Altrix Edge?
Yes, you can use margin trading to open long and short positions with Altrix Edge. A long position is when you place a trade expecting the price of an asset to increase. A short position is a trade placed by a trader with the expectation of price decreasing. Altrix Edge allows you to open buy and sell positions for all the assets it works on.
How do I get paid? What about payouts?
Payouts are carried out from the trading dashboard. You have to fill out a form and submit a request for a withdrawal amount. The withdrawal gets directly transferred to your bank account. Please note that to carry out payouts, you must fill in in your bank details and submit relevant proof of ID.
What is Altrix Edge’s customer service like?
The Altrix Edge customer support team is available 24/7. Before registering, you have the options of live chat and contact form. After registration, you can contact their customer service through email, phone number, and live chat. Below is a list of available support methods for Altrix Edge.
- Live chat
- Online form
Safety and security
Is Altrix Edge safe to use?
Our investigation into Altrix Edge showed that the trading robot appears safe to use. It has advanced security features, including SSL encryption, anti-virus, and anti-phishing measures to protect users.
However, Altrix Edge claims to have a 99.4% success rate, which our investigators were able to find no evidence to support. While the automated trading software is safe to use, you should proceed with caution regarding its ability to generate consistently profitable trades.
Is Altrix Edge regulated?
No authority regulates Altrix Edge itself. It is simply a tool you connect to a trading account to make trades automatically. However, the platforms and cryptocurrency brokers it partners with are all regulated. Many of its partners are licenced by CySEC, one of Europe’s largest and best-regarded regulatory bodies.
Is my money protected on Altrix Edge?
When you use Altrix Edge trading software, you do not need to deposit any funds with the platform. Rather, you deposit funds with one of its partner brokers, and as just mentioned in the section above, they are all regulated by CySEC. With regulation comes some degree of protection through compensation schemes that many brokers are a part of.
Who owns Altrix Edge?
The Altrix Edge website provides no information about the names of its owners or creators. Various online forums and reviews have tried labelling several high-profile people as Altrix Edge owners, however, our investigators could find no supporting evidence to back these claims up.
Our investigation into Altrix Edge did find that the trading platform was in fact created by a team of mathematicians, traders, and software developers, with many years of experience. Although their names are kept hidden, it is common for trading software developers to remain anonymous, especially in the cryptocurrency space.
What is the registration and verification process?
The process of registration is easy and fast. For registering as a member on Altrix Edge, simply fill out the signup form with basic details including your name, phone number, email address, and country of residence. A verification link will be sent to your email address and contact number. Once you approve, you can access the trading dashboard.
The associated broker platforms will then require you to complete KYC and AML processes to start trading. At present, the services of this robot are not available in all countries, and you may be told after signing up that trading is not available in your location.
How to start trading with Altrix Edge
Step 1. Create an account with Altrix Edge
Before you can start using the robot, you will need to create an account on Altrix Edge website. This quick and easy process will only take a few minutes. You will need to provide your basic contact information, including your email address.
Step 2. Make a minimum deposit of $250
Next, you will be required to register for an account with one of its partner brokers. You will need to verify your account so make sure you have a form of identification like a passport with you. Once verified, deposit at least $250 to fund your account.
Step 3. Set up your Altrix Edge trading system
When your account is up and running, it’s time to set up Altrix Edge trading system. You can adjust many of its parameters and make changes to its settings, like selecting the number of crypto coins you want it to trade for you.
Step 4. Adjust risk management settings
To ensure you don’t lose your money, you will need to adjust your risk management settings. It’s recommended you start off slow and you can always increase your risk as Altrix Edge trading system starts making profits.
Step 5. Start investing with Altrix Edge
Before you start using Altrix Edge on a live account, you should consider using a free demo. This way, you can make any final adjustments and test out the software before moving to a live trading account.
Has Altrix Edge been recommended by celebrities or appeared on TV?
It has often been reported that Altrix Edge has been promoted either by famous celebrities or on popular television shows. We looked into these claims and could find no evidence that they are true. Below are some quick fact checks on the most prominent names that have been associated with the platform and the validity of these assertions.
Other notable figures and programmes have been mentioned as using or promoting the robot, but these are the three most commonly referenced.
Is it true that Olav Thon endorsed Altrix Edge?
No, it is not true that Olav Thon has endorsed the platform. Olav Thon is one of the richest men in the world, having built a fortune of over $5 billion through his real estate empire. There are no heirs to Mr Thon’s fortune, and he plans to put all his money into a charitable foundation for medical research.
Fact check: False. We have investigated the claim that Olav Thon endorsed Altrix Edge and found it to be untrue.
Is it true that Mike Hosking uses the Altrix Edge website?
There is no evidence that Mike Hosking has ever used Altrix Edge. Mike Hosking is a prominent radio and TV presenter in New Zealand and hosts “The Mike Hosking Breakfast” every weekday morning on NewstalkZB.
Fact check: False. Despite rumours online, it does not appear that Mike Hosking has ever used or publicly spoken about Altrix Edge.
Has Patrick Mostepe recommended Altrix Edge?
We could find no reliable information that Patrick Mostepe has ever spoken about Altrix Edge. Patrick Mostepe is one of South Africa’s richest men, having made billions of dollars in the mining industry since founding African Rainbow Minerals in the early 21st century. He is also the owner of the Mamelodi Sundowns, a South African professional football club.
Fact check: False. Patrick Mostepe has never publicly mentioned Altrix Edge in either a positive or negative manner.
Is there a Altrix Edge alternative?
There are lots of other Bitcoin bots out there. Many offer a similar service and are tailored to crypto trading, while others take a broader approach and let you trade stocks and forex as well. Here are some other trading platforms you might want to consider:
- Immediate Vortex is a trading bot that uses machine learning to trade Ethereum and other ERC-20 cryptocurrencies.
- Immediate Connect is a crypto auto trader with a trading system that’s easily adjustable to suit top cryptocurrencies and altcoins alike.
- Bitcoineer is a crypto bot that uses a combination of artificial intelligence, machine learning, and natural language processing to identify and place trades.
- Altrix Edge is a cryptocurrency trading bot that offers signals and automated trading for cryptos on the Ethereum blockchain.
- Immediate Bitwave is a crypto auto trader with a trading system that’s easily adjustable to suit top cryptocurrencies and altcoins alike.
- Trader AI is a fully automated crypto robot that uses advanced technology to craft highly optimised trading strategies on crypto, stocks, and more.
Our top robot trading tips for beginners
Beginners should understand the cryptocurrency trading space before trading, even with a robot. You should also not rely on the claims made by the robot and instead carry your own research and due diligence before beginning to trade. Here are some of the tips that should be taken into consideration before using a robot for cryptocurrency trading.
- Familiarise yourself with trading. A beginner should understand how cryptocurrency investments work. You must research different risk mitigation strategies, including how to set stop loss and daily trades to minimise losses.
- Understand cryptocurrency space. Never invest in a market you don’t understand. Trading within the cryptocurrency space is still relatively new. The prices are susceptible to volatility, and even a small difference in prices can result in huge losses with leveraged trading.
- Start with a demo account. It is advisable to start trading on a demo account first. This way, you get familiar with crypto trading and the robot without risking your capital.
- Start small and build gradually. Start trading in small amounts rather than going big the first time. Build your trading portfolio one step at a time.
- Only invest what you can afford to lose. Remember that the claims that users make $1,000s a day with Altrix Edge are completely unverified. There are no ‘sure things when it comes to trading. Trade carefully and gradually.
Our final verdict on Altrix Edge
Altrix Edge facilitates automated and manual trading in cryptocurrency, forex, commodities, and indices using advanced AI algorithms through a user-friendly interface. It offers a unique way to trade the crypto market in particular, without needing to dedicate the time and effort to manage your trading manually.
However, some of the claims made by Altrix Edge about its success rate are hard to verify. It may not be as successful as it claims, and it hasn’t been endorsed by famous celebrities or won any investment awards.
Overall, the best way to use Altrix Edge is to include it as part of your trading system and use it to learn more about trading. Don’t put all your eggs in one basket, and be careful about depositing too much money on Altrix Edge until you’ve tested the software.
Methodology: how we scored this Altrix Edge review
Helping people make better financial decisions is at the heart of our mission at Invezz.
We test each automated trading platform to provide clear, accessible guidance on the service it offers and how it compares to the 63+ other crypto robots we review. Testing is carried out by our panel of industry experts, analysts, and active traders who sign up to the platform, conduct research, and score the service.
To supplement our practical testing and experience, we research the service to gather any further relevant information and provide context to help you decide whether the trading platform is right for your investing needs. We read online customer reviews, app reviews on the Play Store and App Store, and conduct user surveys to get feedback from real people about what works, and what doesn’t.
The robot is awarded a final score based on 130+ data points across 8 ranking categories: cost, reliability, user experience, deposit & withdrawals, investing options, range of products/markets, research & analysis tools, and the availability of educational & learning resources.
We work closely with the individual brand to ensure all factual information displayed here is accurate. All data is then fact-checked by an independent reviewer. You can learn more about our expert panel and how we test, rate, and review platforms in our review process.
Altrix Edge provides trading services within cryptocurrency and other markets, but it uses dishonest marketing techniques and has unverified claims on its website. Its testimonials suggest that users have benefited hugely from the trading bot, but reviews from external websites indicate that the robot’s performance does not match up with these bold claims.
It is claimed that the robot incorporates modern innovations to predict and execute trades, but even with advanced technology it is impossible to have a success rate of 99.4% (as claimed by Altrix Edge). The video on its official website shows that prominent investors may be associated with the robot. This is not true.
Yes, it is easy to register and open an account. At this point, you do not have to submit any identification documents. However, after registration, you are required to undergo the KYC and AML process to start trading with the robot’s partnered brokers. You may not be able to register if Altrix Edge’s services are not available in your country.
No. The brokers partnered with Altrix Edge offer CFD trading in crypto assets, therefore all withdrawals are made in fiat currency. This amount will be transferred directly to your bank account.
With respect to the autotrading and manual trading facilities provided, the platform does offer services to its users. However, it uses unethical techniques to draw people’s attention. It guarantees $1000 in daily profits without any trading knowledge by solely relying on the robot, but this is impossible. Additionally, there are multiple websites under the same name providing the same services with different promises of profits, meaning the platform lacks uniqueness.
Yes, in terms of enabling automated trading in cryptocurrency markets; no, in terms of how much money you can make. The claims of generating millions of dollars within two months with no trading knowledge are too good to be believed.
The robot does retrieve potentially winning trades and pass these trading signals to associated brokers, and can be used as part of a trading strategy in this way – but it won’t make you a millionaire overnight.
As per its official website, there are no charges or commissions charged by Altrix Edge. However, this is a bit misleading, as broker fees will apply. A trader needs to pay a fee on each trade made through the partnered broker. The fee is levied even if a trade does not work in your favour.
Before deleting your Altrix Edge account, ensure that you have withdrawn your profits and capital to your bank account. After it is credited, you can place a request to permanently delete your account from the robot’s trading interface and broker’s platform.
Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.
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