Trader AI review 2024

This Trader AI review explores what the trading software can do, explores its key features, and investigates its claims of high accuracy. Our crypto experts have thoroughly tested the autotrader to help you decide if it’s legit or a scam.

With artificial intelligence based crypto bots rising in popularity, we’ve thoroughly tested Trader AI and its features to see if it lives up to the hype and whether there are better options available. Read on to learn more about the Trader AI crypto system.

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, Trader AI 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 Trader AI 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 Trader AI?

Trader AI is an intelligent crypto trading robot that uses machine learning algorithms to identify profitable opportunities. It connects to users’ exchange accounts via API and executes automated trades based on analytical insights.

This AI-powered software continuously scans market data across numerous digital assets to pinpoint optimal trades. By processing massive amounts of information, it determines when and which coins to buy or sell to maximise returns. Trader AI then seamlessly communicates these data-backed decisions to brokerages in real time to instantly place trades on your behalf.

Seasoned crypto traders can also automate their own custom strategies through Trader AI. If you have devised particular technical trading rules based on indicators or patterns, you can configure the parameters and have Trader AI automatically enact entries and exits aligned with your proprietary methodology.

Whether utilising the built-in AI trading signals or automating a customised system, Trader AI allows for effortless hands-free cryptocurrency trading enriched by machine learning intelligence. This fusion of automation and analytics allows both new and experienced traders to efficiently build their portfolios.

Trader AI summary

About the Trader AI platform

How does Trader AI work?

Trader AI is an automated cryptocurrency trading robot that uses advanced algorithms to maximise returns. It allows hands-free trading of Bitcoin and other digital assets by seamlessly executing buys, sells, and orders.

Trader AI analyses immense datasets including historical price charts, indicators, and progression models gathered from diverse crypto sources. It leverages this market data and Trader AI’s quantitative analysis to derive optimal data-backed trading signals.

The platform then enacts these analytics-driven trades automatically through its extensive network of integrated brokerage partners. Trader AI claims its AI-powered trading system can operate 0.01 seconds ahead of the market by capitalising on micro-opportunities.

While this technology seems incredibly promising, it’s wise to implement reasonable stop-losses and other innovative risk management features given the innate volatility of the crypto sector. Thankfully, Trader AI provides abundant educational resources and risk management solutions to enrich users’ trading proficiency.

What assets and products can be traded on Trader AI?

The Trader AI software works with the whole of the crypto market. The following selected cryptocurrencies are supported with the robot:

• Bitcoin (BTC)
• Ethereum (ETH)
• Ripple (XRP)
• Litecoin (LTC)

In addition to this, it also offers to trade multiple cryptocurrency trading pairs and fiat currencies, including XRP/EUR, BTC/EUR, and BTC/USD. 

How much does Trader AI cost to use?

Trader AI claims to not charge any fees or commissions. You can also register an account with the software for free. However, to use it you are required to sign up with one of its partner brokers. When using the Trader AI platform with a broker, you will need to pay commissions on each trade it makes, this usually ranges between 1% and 2%. 

What are the payment methods accepted by Trader AI?

To fund your account and begin trading, you must make an initial deposit of $250 with the automated trading bot. The available payment options include Maestro, Mastercard, and Visa. You can also use payment apps such as PayPal. Here’s a full list of available payment methods for Trader AI. 

• Credit card
• Debit card
• Bank transfer
• Visa
• Mastercard
• PayPal
• Skrill
• Neteller

Is there a Trader AI app for both mobile and laptop computers?

Yes, Trader AI is accessible on all desktop and mobile operating systems. You don’t need to download any software or an application, so as long as you have a browser and an internet connection, you can access Trader AI. 

Trader AI also has a mobile app which you can download on any iOS or Android device. The Trader AI app makes it easy to trade while on the go. The mobile app shares many of the same features available on the web version. 

To start your intelligence-augmented trading journey, download Trader AI’s app and explore its wide range of trading tools, trading indicators and functionality for automated or manual trading.

Trader AI key features

Here are some of the key features that our experts found particularly useful and unique compared to other trading platforms. 

User-friendly interface

Trader AI has been designed for both beginners and experienced crypto traders. Its interface is simple to use and adjusting the robot’s parameters is a quick process. You can sign up with the platform in just a few minutes and any changes you make take place immediately. 

Dedicated personal account manager

When you sign up with Trader AI, you’ll be assigned a dedicated account manager who is on hand to help you set up your trading account. Your account manager can also help you make changes to your robot’s settings and is available via email or live chat, making it easy for novice traders to get started. 

Free Trader AI demo account

Before using crypto trading platforms like Trader AI, practice on a demo account is recommended. With Trader AI, you can access its free demo account without depositing any money. This is an excellent way to access advanced trading tools without risking any money.

Trader other markets

One of the best features of Trader AI is that it can be used across several financial markets. While its name may suggest it only works on the Bitcoin market, our experts discovered it can be applied to forex trading, stock trading, and the wider cryptocurrency market. 

Which brokers can I use with Trader AI?

Trader AI works with several brokers that offer leveraged trading in cryptocurrencies. These aren’t listed explicitly on its site but likely include EuropeFX, UFX, and 24option. 

Can I trade assets with leverage?

Yes. It allows leveraged trading through the brokers with which it is partnered. Neither the robot nor the website gives details of the leverage criteria, however. 

Please note that trading with leverage is highly risky and should not be attempted by novice traders. While leverage can lead to bigger profits, it also generates bigger losses. It can lead to your capital being wiped out quickly if the market fluctuates – which is common with cryptocurrency. Always start small so that your losses are minimal. 

Can I open long and short positions with Trader AI?

Yes, you can open long and short positions with Trader AI. A trader can manually enter a specific position/trade that he wants to execute and the robot will automatically carry it out.

If you’re unfamiliar with the terms, check out our position trading course. But in short, a long trading position is when a person believes the price of something will rise, and a short position is when they believe it will fall.

How do I get paid? What about payouts?

To withdraw your funds, you need to fill out a withdrawal form. Please note that at this point, you will also be asked to submit your identification documents as this is part of necessary Know Your Customer checks. 

All your profits and trading capital can be withdrawn directly to your bank account and you can request payouts daily. According to the website, Trader AI doesn’t charge any fees for this process.

What is Trader AI’s customer service like?

Before registration, you can contact Trader AI by filling out a contact type form available on their website. After successfully registering on its website, you can access their customer service via email and live chat. Here is a list of all available customer service methods on Trader AI.

• Live chat
• Email 
• Phone
• Online contact form

Safety and security

Is Trader AI safe to use?

Our investigation into Trader AI revealed the trading robot is safe to use. It uses various advanced features such as SSL authentication, anti-virus, and anti-phishing measures to keep users safe. The automated software also partners with well-known brokers using advanced technology to protect users. 

Is Trader AI regulated?

The Trader AI platform is not regulated. However, the brokers it is partnered with all are. CySEC (Cyprus Securities & Exchange Commission) is the regulatory body that provides licences to Trader AI’s partner brokers. CySEC is one of Europe’s largest and best-known regulators and offers protection to clients depending on location. 

Is my money protected on Trader AI?

When you use The Trader AI 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 Trader AI?

The official Trader AI website lacks any information about the owners and creators of the cryptocurrency robot. Many rumours online have surfaced claiming Trader AI is owned by a well-known celebrity. However, there has been little evidence to support this. 

During our investigation into Trader AI, our experts discovered the platform is owned by a team of cryptocurrency traders and software developers with many years of trading experience. It is common practice for developers of trading robots to remain anonymous, especially in the crypto space, where privacy is an important factor.

What is the registration and verification process?

Registering on Trader AI requires you to provide your name and email address. In the next step, you will be asked to set a password and provide your contact number. You do not need to provide any personal identification documentation in this step. Once you have registered, verification usually takes a few minutes. 

How to start trading with Trader AI

Has Trader AI been recommended by celebrities or appeared on TV?

Many online platforms have claimed that high-profile celebrities have used Trader AI or that the platform has been talked about on popular television shows. Invezz has researched these claims and can find no evidence that they are true. If you read about different celebs promoting this robot, you should be wary of the platform which has published that information.

Our team has researched three of the most commonly-cited claims linking the Trader AI platform to celebrities, with the results of our investigations below.

Is it true that Bear Grylls endorsed Trader AI?

No, it is incorrect that Bear Grylls has recommended people to use Trader AI. Bear Grylls (real name Edward Michael Grylls) is best-known for presenting television shows in the UK around the theme of survival. He uses his former experience as a serviceman in the SAS to give tips on how to survive in extreme situations.

Fact check: False. When examining these claims, we found no evidence that Bear Grylls has ever been associated with this platform.

Does Cillian Murphy use the Trader AI website?

Despite some online stories claiming this to be true, it is false that Cillian Murphy uses this platform. Cillian Murphy is an Irish actor and musician most famous for his appearances in Batman Begins, 28 Days Later, and the British TV show Peaky Blinders.

Fact check: False. Any claim that Cillian Murphy uses this crypto robot are false.

Has Karl Stefanovic publicly recommended the platform?

We found no evidence that Karl Stefanovic has spoken publicly about the Trader AI Website. Karl Stefanovic is a presenter on Australian television and best known as the co-host of the breakfast show Today, aired by Nine Network.

Fact check: False. Karl Stefanovic has no association with Trader AI.

Is there a Trader AI 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 Core 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.
• 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.
• Neoprofit AI uses next-gen artificial intelligence to scan over 1000 crypto tokens and identify winning trades on your behalf.

Our top robot trading tips for beginners

When using a robot to trade cryptocurrencies, there’s a lot that you need to be aware of. It may just feel like you deposit funds and let the robot do the rest, but our team of experts have come up with the following advice that it’s important to read before getting started:

1. Familiarise yourself with trading. Trading cryptocurrencies is a complex process, and it’s important to grasp the basics before you get involved. By learning about trading in general, you will be better able to set up the trading robot to work most effectively.
2. Understand cryptocurrency space. Having more knowledge of the asset you are trading is important when making any trade, but especially so in such a wide-ranging environment as cryptocurrency.
3. Practice with a demo account. Even though you can start live trading immediately upon setting up an account on a robot, we strongly advise you to trade on the demo account first. This will help you familiarise yourself with the platform before risking any of your capital. 
4. Start small and build gradually. The best strategy is to start with a small amount of money and grow your portfolio and profits over time. This will help you hone your trading skills and keep risk to a minimum.  
5. Only invest what you can afford to lose. This is a central tenet of trading, it’s always important to be financially responsible when investing in anything. Markets can be volatile and losses can come as easy as profits, so don’t risk money you couldn’t live without.

Our final verdict on Trader AI

Trader AI is an automated trading robot that offers every user the chance to access the latest artificial intelligence trading models. These AI bots are trained on large data sets and they can identify patterns across many years of trading history.

Though the minimum deposit is a little steep for beginners, Trader AI offers an intuitive and accessible interface that brings many advanced trading tools within reach of the casual user.

Its AI enables high frequency trading, which means the bot can place trades for you fast enough to stay ahead of the majority of other users. It also provides ready-to-use trading strategies based on huge amounts of data analysis that the average user wouldn’t normally be able to access.

With that said, we would emphasise again that the initial $250 outlay is expensive for someone just starting out. We’ve also been unable to confirm some of the more outlandish claims about how successful Trader AI is. The claims online of a 90%+ success rate are difficult to believe and should be treated with caution. We recommend starting with small trades and the lowest risk settings until you trust the platform.

Methodology: How we scored this Trader AI review

Helping people make better financial decisions is at the heart of our mission at Invezz. 

We test each crypto robot to provide clear, accessible guidance on the service it offers and how it compares to the 63+ other platforms we review. Testing is carried out by our panel of crypto experts, analysts, and active traders who sign up to the robot, conduct research, and score the service.

To supplement our practical testing and experience, we research the AI robot to gather any further relevant information and provide context to help you decide whether the automated 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 each individual robot 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. 

FAQs