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If you are interested in crypto, you may be looking for an automated crypto trading platform. In the volatile crypto sector, investors can do with all the help they can get. Automated crypto trading platforms can take the legwork and the guesswork out of crypto trading, allowing investors to copy more experienced traders automatically, receive expert trading advice and even benefit from AI trading algorithms.

Below we look at the different types of automated crypto trading platforms. We look at the difference between crypto signals and automated trading, as well as explain how crypto copy trading works. We review 6 platforms which offer different packages to the investor and deliver our verdict on Best Automated Crypto Trading Platform UK.

Key Points on Automated Crypto Trading Platforms UK

  • – The best thing about automated crypto trading platforms is that the investor retains control: you choose how much to commit.
  • – There are 3 main types of automated crypto trading platform: copy traders, signal providers and robots.
  • – Copy trading platforms take allocated funds and copy chosen trader activity automatically. Signal providers provide expert trading advice via messaging service. Robots use AI and even quantum computing to find and execute profitable trades.
  • – With its established copy trading network featuring a choice of 2000+ crypto traders to copy, eToro claims the title of Best Automated Crypto Trading Platform UK.

Best Automated Crypto Trading Platforms UK List

  • eToro – Overall best automated crypto trading platform with zero copying fees
  • Learn2trade – Best crypto signals provider for Telegram users
  • CryptoSignals.org – Best crypto signals provider for technical analysis
  • BitIQ – Best for automated Bitcoin trading off the Elon Musk Effect
  • Crypto Boom – Best automated Bitcoin trading platform for manual trade option
  • QuantumAI – Best automated crypto trading platform for quantum computing

Best Automated Crypto Trading Platforms UK Reviewed

With 3 main types of automated crypto trading to choose from, we review 6 platforms that are top examples of:

  1. Automated crypto copy trading: eToro
  2. Automated signal provision: Learn2Trade and CryptoSignals.org
  3. Automated robot crypto trading: BitIQ, Crypto Boom and QuantumAI

1. eToro – Overall Best Automated Crypto Trading Platform UK

etoro-logoGlobal broker eToro offers two free ways for new investors to engage with automated crypto trading: CopyTrader and Smart Portfolios. Both services are offered with the new investor in mind, enabling – as eToro says – ‘anyone to trade like a top trader’.

With CopyTrader, you choose a profiled trader to copy, allocate funds and the software does the rest, using you funds to copy trades in real-time. Whether you want to hold cryptos long term or day trade cryptocurrencies, you’re sure to find a high performing trader to copy.

With Smart Portfolios, you choose a portfolio strategy to copy, allocate funds and – again – the software enacts the necessary trades to buy you into that Smart Portfolio, and mimic its trading activity with your money.

For the newbie investor, both CopyTrader and Smart Portfolio offer great advantages. Both automated crypto trading platforms are simple to use and very well-explained. Plenty of data is provided so you can make an informed choice about which trader or portfolio to copy. You can start and stop copying anytime – so there’s no fear of getting trapped into an unprofitable situation. Neither service is limited to crypto, so you can copy experienced traders across all eToro’s supported asset classes: crypto, stocks, commodities, ETFs, indices and forex. There are 2,000+ traders with high crypto trading activity that you can copy, and you can search through them using a decent advanced search function with loads of filters.

etoro-crypto-smart-portfolios

Minimum deposits are reasonable: $200 for CopyTrader, and $500 for Smart Portfolios. If you want to get the hang of copy trading with eToro before you get your feet wet, you can use a free demo account with a virtual balance of $100k to practice before you dive in. Best of all, although you will pay the normal spread fees on copied trades, eToro’s copying services are entirely free.

eToro also offers its own crypto wallet app, the eToro Money Wallet, which offers a simple and secure way to store and send your cryptocurrencies.

As one of the best FCA brokers, eToro is heavily regulated (FCA, CySEC and ASIC).

Pros

  • No copying fees
  • 120+ different crypto traded
  • 2,000+ crypto traders to copy
  • Free demo account
  • eToro Money Crypto Wallet

Cons

  • Takes a while to identify traders who trade crypto exclusively

68% of retail investor accounts lose money when trading CFDs with this provider.

2. Learn2Trade – Best Crypto Signals Provider for Telegram users

Learn2Trade offers an automated crypto signal service. This equips newbie crypto traders with professional market intelligence in the form of real-time trading opportunities that are sent to their smartphone or desktop.

Rather than automatically use your allocated funds to copy other traders or trading strategies as with eToro, Learn2Trade automatically sends you suggested crypto trades in real-time – which you can then execute using your crypto broker or exchange. Or you can wait for the next crypto signal. Crypto signals give you trade-able information; whether you act on the signals is up to you.

Learn2Trade claim an 82% success rate for their crypto signals which are based on an algorithm. This computer equation never sleeps. It analyses up to 90 technical indicators in any given crypto’s price performance and weighs this activity against historical price movements. When a profit opportunity arises, a signal is created and sent out summarising the crypto pair to trade, the entry point, whether to buy or sell, and suggested stop loss and take profit points.

Users receive these juicy crypto trading opportunities via the Telegram messaging app. You can get 3 crypto signals a week for free. If you want 3-5 signals a day plus the chance to talk to Learn2Trade’s pro traders, a range of paid subscription packages are available.

Pros

  • 3 free crypto signals a week – with no info omitted
  • Algorithm-based analysis
  • Wide range of subscription options
  • Plenty of guides on crypto trading in general
  • Good reviews

Cons

  • Requires Telegram messaging app

There is no guarantee that you will make money with this provider. Proceed at your own risk.

3. CryptoSignals.org – Best crypto signals provider for technical analysis

Like Learn2Trade, CryptoSignals.org provide an automated crypto signals service. Via the Telegram messaging app, users receive instructions on real-time trading opportunities across the crypto sector. CryptoSignals.org uses a combination of algorithm and pro trader analysis to deliver its trading suggestions.

Crypto signals are provided in simple terms so you have all the information necessary to execute a trade with a broker or exchange. You will be supplied with the identity of the crypto to trade, whether to buy or sell, and limit, stop loss and take profit levels. Every crypto signal comes with technical analysis of the trade in question – so you can learn whilst you trade – as well as a risk/reward rating. You can then choose to make the trade with a crypto exchange or a broker. CryptoSignals.org declares a success rate of 82%.

You can join CryptoSignal’s free Telegram group and receive 3 free crypto signals a week. If you like what you see, you can pay to join the other 10k members of the VIP Telegram group and receive 3-5 crypto signals a day.

Pros

  • 3 free full-service crypto signals a week
  • Upgrade to 3-5 crypto signals a day with paid service
  • 10k existing members
  • Technical analysis provided with every signal
  • Good educational material onsite

Cons

  • You need the Telegram messaging app

There is no guarantee that you will make money with this provider. Proceed at your own risk.

4. BitIQ – Best for Automatic Bitcoin Trading off the Elon Musk Effect

BitIQ is a fully automated crypto trading platform that specialises in Bitcoin. This is a robot – unlike eToro which offers automated cryptocurrency trading based on human trading behaviour, and Learn2Trade and CryptoSignals.org which provide advisory crypto signals. BitIQ uses quantum computing and AI to analyse Bitcoin volatility and provide automated crypto trades via partner brokers.

BitIQ say that ‘the average daily ROI with our system is 25%. You could earn up to 90% in daily return during periods of increased market volatility.’ A full demo is provided to get you started with live trading.

Bitiq-app-homepage-1024x388

What makes this crypto app stand out is its use of an algorithm that follows social media output, focussing on the output of celebrities including Elon Musk – the Tesla CEO whose opinions have regularly influenced the price of Bitcoin and other crypto. As well as spotting volatility opportunities, this algorithm places trades on your behalf the instant that Elon Musk, or another celebrity, expresses a view that is likely to impact the Bitcoin price in a way that may be profited from.

Pros

  • Bitcoin auto trading specialist
  • No fees apart from 2% commission on profitable trades
  • Minimum deposit $250
  • Full training support on Youtube
  • Big following on Reddit

Cons

  • Uses partner brokers to place trades

There is no guarantee that you will make money with this provider. Proceed at your own risk.

5. Crypto Boom – Best Automated Bitcoin Trading Platform For Manual Trade Option

Like crypto robot BitIQ reviewed above, Crypto Boom is a dedicated automated Bitcoin trading app that leverages AI to identify trading opportunities. Once registered, users can download and install the Crypto Boom software. Once logged in with a minimum of $250 allocated, users are invited to sit back and let the system do the rest – or trade manually if they prefer. Crypto Boom says ‘you have the potential to earn up to 60% in daily profit under optimal market conditions.’

Crypto Boom further declares that their ‘software is ahead of the markets by 0.01 seconds’ and can perform at a 99.4% level of accuracy. Live profit results for Crypto Boom users are published onsite. The offering here is entirely focussed on Bitcoin, with the website featuring celebrities like CEO Eric Schmidt of Google and entrepreneur Richard Branson of Virgin discussing Bitcoin in favourable terms, although you should note that these claims have not be verified.

Pros

  • Bitcoin automated crypto trading platform specialist
  • Minimum deposit $250
  • Fully automated crypto trading
  • Successful client trades listed onsite
  • Downloadable trading software

Cons

  • Scant information on fees

There is no guarantee that you will make money with this provider. Proceed at your own risk.

6. QuantumAI – Best Automated Crypto Trading Platform for Quantum Computing

Like Crypto Boom, QuantumAI is an automated crypto trading platform that works as a robot. Rather than using Artificial Intelligence per se, QuantumAI claims to use quantum computing to offer profitable crypto trades. Quantum computers, although in their infancy, are quicker than conventional computers. That’s because, instead of processing data in a sequence, they are able to process problems simultaneously.

QuantumAI aims to ‘make the world better by providing everyone the same opportunities.’ There is a strong egalitarian feel to this brand. Like Crypto Boom, QuantumAI says the robot offers ‘investment opportunities giving you the opportunity to earn up to 60% in daily profit under optimal market conditions.’

 

The QuantumAI software is reported to find profitable trades ‘by analysing differentials between stock prices every nano-second that stock markets are live.’ You can register online, deposit funds – and, so the firm says, withdraw funds in a matter of hours. Although known as a robot, the QuantumAI website suggests that users can choose to pick recommended trades, rather than software executing those trades automatically.

Pros

  • Quantum computing power
  • €220 minimum deposit
  • Egalitarian ethos
  • Online registration
  • Easy-to-use website

Cons

  • Not much help material provided

There is no guarantee that you will make money with this provider. Proceed at your own risk.

Types of Automated Crypto Trading Platforms

There are 3 main types of automated cryptocurrency trading platform:

1. Copy Trading Platforms

Copy trading allows one trader to automatically copy another trader with an allocated set of funds. The principle has grown from its infancy in 2005, when it started out with Tradency’s Mirror Trader, to become an established part of trading for the retail market in all assets. Investors can access dedicated copy trading services for conventional stocks like ZuluTrade and DupliTrade via online brokers.

eToro, arguably the best automated crypto trading platform, has an established copytrading scene across all asset classes – and crypto copy trading fits right in. You can pinpoint traders that trade in crypto, and filter your search with numerous performance statistics to isolate the perfect trader to copy for you. The service is free; copied traders get paid via eToro’s Popular Investor Program.

One of the most copied crypto traders on eToro – with 7794 copiers – is GreenbullInvest. This trader has conducted 591 trades in the last 12 months with their 3 most frequently traded assets being Bitcoin (BTC), Ethereum (ETC) and XRP. GreenbullInvest has achieved a 12-month return of 24.98% with an eToro risk rating of 4.

eToro crypto copy trader Greenbullinvest

 

Another successful trader to be copied on eToro is Diogobreunig. This trader has 146 copiers. Their 3 most frequently traded assets are Bitcoin (BTC), Ethereum (ETH) and Cardano (ADA). Diogobreunig has achieved a 12-month portfolio return of 64.16% with an eToro risk rating of 5.

2. Crypto Robots

Crypto robots are generally set up on an algorithm to identify profitable crypto trading opportunities. Robots will then either tell you about these trading opportunities in real-time as they arise or, in fully automatic versions, enact these trades on your behalf with funds you have pre-allocated.

There are two formats of crypto robots – those you can install as software via the MT4/MT5 trading platforms, and those you can access direct the web.

MT4/MT5 robots

MetaTrader 4 and 5 are popular trading platforms that you can access via many online brokers. They provide a platform for adding on trading tool extras like crypto robots. MT4 and MT5 come with their own library of trading robots which apply to conventional assets as well as crypto. Or you can browse through hundreds of crypto robots at MLQ5.com. Some are free, some require payment to install.

A fair amount of technological willingness is required to get to grips with MT4/MT5 and then the robots of your choice. This route gives you powerful customisable options for your crypto trading.

Website access robots

Potentially easier to use than MT4/MT5 robots are automated crypto trading platform robots that are accessible direct via the web. We have reviewed three examples of this format above: BitIQ, Crypto Boom and QuantumAI.

3. Crypto Signals

Crypto signals provide expert crypto trading advice in the form of suggested trades on an automated basis. As with Learn2Trade and CryptoSignals.org reviewed above, that means practically that you will receive a certain number of messages a week with each specifying the details of a potentially-profitable crypto trade. The professional basis for this advice sometimes derives from an algorithm, sometimes from a human expert trader or group of traders, or sometimes a combination of the two. Free and paid-for models of crypto signal provision are available.

Verifying Automated Crypto Trading Platform Results

The big question for every crypto trader is: do automated crypto trading platforms work? Where is the evidence? It would be unwise to allocate funds to a system that does not deliver consistent profits.

The main way of verifying the results of auto crypto trading platforms is to trust the performance data released by the platform. This is where regulation plays such a key role in the crypto sector. With a regulated global broker like eToro, it is easier to trust the data that is being presented, whereas with an unregulated platform who is to say whether the performance data supplied is correct?

Copy trading provider eToro – regulated by the FCA, ASIC and CySec – reports that the 50 most copied traders across all asset classes on eToro made an average yearly profit of 83.7%. The average 12-month return on eToro’s 8 crypto Smart Portfolios we calculate at the time of writing to be 120.1%.

With eToro, the detail you can go into with performance stats is impressive. With other automated crypto trading platforms, we must be content with less information. For example, CryptoSignals.org and Learn2Trade simply claim an 82% success rate with their crypto signal trade suggestions. Robot trader BitIQ claims an average daily ROI of 25%. Bitcoin robot Crypto Boom claims that users have ‘the potential to earn up to 60% in daily profit under optimal market conditions.’ QuantumAI claims similarly to provide opportunities ‘to earn up to 60% in daily profit under optimal market conditions.’

How to Get Started with an Automated Crypto Trading Platform

Global broker eToro, with over 20m existing customers, is a great place to start your automated crypto trading journey. That is because eToro is regulated and has honed its offering since launching in 2006 to be very supportive of the newbie investor. eToro’s CopyTrader and Smart Portfolios were devised with the newcomer specifically in mind – although more experienced traders will find plenty to interest them too.

1. Choose a broker – sign up with eToro for free automated crypto trading

Head to the eToro website to get started. You will need to fill out a few personal details. Then click the blue ‘Create Account’ button. Alternatively, sign up with Facebook (Meta) or Google.

68% of retail investor accounts lose money when trading CFDs with this provider.

2. Deposit funds

Once you receive a verification email from eToro, you are ready to deposit funds and get trading.

With eToro, you can deposit GBP using bank transfer, credit/debit card, PayPal, Trustly, Rapid Transfer, Neteller, or Skrill. Although eToro does not charge a deposit fee, a currency conversion fee of 50 pips applies to GBP deposits and withdrawals (with all eToro accounts being run in USD).

4. Use CopyTrader and Smart Portfolios

As an automated crypto trading platform, eToro offers you two options: CopyTrader and Smart Portfolios. We’ll now show you the steps for both options.

Using eToro CopyTrader

From your eToro homepage you can choose to ‘view all’ copied traders. This brings up this screen below.

etoro crypto copy trading

The key thing to notice here is the search bar above the trader profiles. A standout feature of eToro’s CopyTrader facility is the ability to refine your search, picking traders to copy using a massive range of filter settings.

Once you have executed a search, a list of all appropriate traders will come up.

This list gives you a summary of each trader: their 12-month portfolio return, their risk rating, their number of copiers and other info. If you press on their name or portrait, you can get right into the heart of their trading operation and see if it suits. Then you can press the blue ‘Copy’ button – and you are almost done. In the box that comes up, you set how much money you want to allocate to copy this trader. Critically, you can set a stop loss, which terminates your copying if your funds depreciate by a given amount.

Using eToro Smart Portfolios

To access Smart Portfolios, press the ‘Discover’ button on your left toolbar. Then choose to ‘view all’ Smart Portfolios, or search by type. eToro provides 8 crypto Smart Portfolios in all. Each is a portfolio of crypto holdings centred on a particular investment strategy. For example, the Napoleon-X Multi-Crypto AI uses a low frequency AI trading algorithm to trade in crypto pairs. For example too, the Defi Portfolio Decentralised Finance invests in Defi crypto.

etoro crypto portfolios

Full data on each portfolio is provided. When you are ready to invest, press the green ‘Invest’ button. You can then set your allocated funds (minimum $500) and set a stop loss.

One important thing to understand about Smart Portfolios is that, although the copying service is free, you will be charged the normal spread fees for every single transaction. So initially the software will buy every crypto in the chosen portfolio in proportion to your allocated funds. Then, if the focus of the portfolio is on trading, it will use your allocated funds to execute further trades. Most of the crypto Smart Portfolios focus on holding for the long-term.

5. Start Copy Trading

With traders set up with CopyTrader and funds allocated to a Smart Portfolio, you can keep track of their performance in your portfolio. The great thing about eToro CopyTrader is that you can stop and start copying as you see fit – as well as copy many traders at once. With Smart Portfolio, if you want to stop investing, you will need to withdraw your entire allocated funds at once (you cannot, as with an ETF for example, trade fractions of the position as if they were shares).

Conclusion

eToro stands out as the best automated crypto trading platform. Not only is eToro regulated by the FCA, CySec and ASIC, but an enormous amount of work has gone into its CopyTrader system in particular. The detail you can go into in order to find the perfect trader to copy is impressive. And, with over 2000 crypto traders to browse through, a powerful search function is important.

Many of the traders featured have achieved triple digit yearly returns (but remember that the spectacular success stories often come, as with all trading, at the cost of high risk strategies). Overall, eToro provides a supportive environment to learn about copy trading and, with a free demo account provided, the great thing is that you can practice without losing a penny.

68% of retail investor accounts lose money when trading CFDs with this provider.

 

Frequently Asked Questions on Best Automated Crypto Trading Platforms

What is the best automated crypto trading platform?

Fully-regulated, and offering 2000+ crypto traders to choose from, eToro lays claim to being the best automated crypto trading platform

Are automated crypto trading platforms safe?

Your money is as safe as it can be provided your automated crypto trading platform is regulated.

How does automated crypto trading work?

There are three types of automated crypto trading: i) copy trading, where you automatically copy other traders' trades ii) signal provision, where you receive trading suggestions and iii) crypto robots, which analyse price data using an algorithm and either advise you of potential opportunities or execute trades automatically.

What is the safest platform to trade cryptocurrencies?

Crypto auto trading online can never be 100% safe because of the threat of hacking. A platform that is regulated by sovereign authorities (like eToro) is safer than an unregulated platform.

Do crypto trading bots actually work?

Bots centred on auto trading cryptocurrency often claim to have high success rates. However, unless the platform provider is regulated, there is no way of judging the veracity of these performance claims for certain.

Alan Draper
Alan Draper

Alan is an experienced financial writer and is an expert on the stock market. Alan is the Chief Editor of StockApps.com