Meta Profit Review UK 2022 – Is This Bitcoin Robot Legit?
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Meta Profit is a crypto trading robot that promises to make it easier than ever to profit from the cryptocurrency boom. But is this Bitcoin robot too good to be true?
In our Meta Profit review, we’ll take a closer look at everything this trading platform can do and explain whether it’s legit.
Meta Profit Summary
We’ll start off our Meta Profit review with a quick overview of everything this trading robot has to offer:
| Supported Cryptocurrencies | BTC, ETH, XRP, XMR, LTC, BCH |
| Mobile App | No |
| Claimed Success Rate | 99.4% |
| Fees | No |
| Minimum Deposit | £250 |
| Withdrawal Timeline | 24 hours |
Your capital is at risk.
What is Meta Profit?
Meta Profit claims that its software has a 99.4% success rate. This means that out of 1,000 trades the software identifies and executes, 994 are closed for a profit. Meta Profit currently trades Bitcoin, Ethereum, Ripple, Monero, Litecoin, and Bitcoin Cash.
Importantly, Meta Profit is not a brokerage platform or cryptocurrency exchange. It only provides trading software. In order to use Meta Profit, you must have a trading account with one of Meta Profit’s partner brokers. All partner brokers are regulated, which helps ensure that funds in your Meta Profit account are safe.
Pros
- 24/7 automated crypto trading
- Supports trading in 6 crypto markets
- No fees and no commissions on your profits
- Claimed 99.4% success rate
- Sign up and start trading in minutes
Cons
- Requires £250 minimum deposit
- Difficult to verify success rate
- No mobile trading app
Your capital is at risk.
How Do You Trade with Meta Profit?
Meta Profit trades automatically on your behalf. So, you don’t need to do very much to start trading with this platform – just sit back and watch the software go to work.
Meta Profit’s trades are based on a custom algorithm that recognizes patterns in crypto prices. While the platform doesn’t reveal the details of how its algorithm works, most patterns are technical setups that indicate that the price of a token is about to abruptly rise or fall. Once a pattern is detected, Meta Profit will automatically initiate a position using money from your trading account.
Meta Profit automatically closes positions at the end of a trade, without any manual intervention on your part. All funds – including any profit from the trade – are returned to your brokerage account.
Notably, Meta Profit does offer a demo mode so that you can try out the software before committing real money to trades. You can also modify some of the key parameters of the trading algorithm to modify how it trades under different market conditions. Meta Profit recommends that you take advantage of demo mode to find the optimal parameters for trading and that you check on the performance of the trading software at least once per day.
Meta Profit Key Features
Let’s look at some of the key features that differentiate Meta Profit from other top Bitcoin trading apps:
24/7 Automated Trading
Meta Profit is able to trade automatically 24 hours a day, 7 days a week. This is advantageous because different trading patterns develop over the 24-hour cycle as markets in the US, Asia, and Europe open and close. Automated trading apps like Meta Profit don’t require any manual intervention from traders to open or close trades.
Trading Across 6 Crypto Markets
Meta Profit supports trading in 6 different cryptocurrencies: Bitcoin, Ethereum, Ripple, Monero, Litecoin, and Bitcoin Cash. Trading in multiple markets creates more trading opportunities, especially since these cryptocurrencies have different price movements and varying levels of volatility.
99.4% Success Rate
Meta Profit boasts a 99.4% success rate, meaning that 99 out of every 100 trades is closed for a profit. This is significantly higher than the win rate claimed by other trading robots, which is typically around 80-90%.
Fee-free Bitcoin Robot
Meta Profit is completely free to use. The platform doesn’t charge trading fees or account fees, and you get to keep 100% of the profits you make using Meta Profit.
Regulated Brokerage Partners
Meta Profit partners with regulated crypto brokers in order to facilitate trading. Your money is held in a custodial account at one of the partner brokers, and Meta Profit issues trade orders on your behalf. Meta Profit itself never has direct access to the funds in your account – only you can request a withdrawal.
Meta Profit Fees
Meta Profit doesn’t charge any fees for using its platform. There are no account fees, deposit or withdrawal fees, or trading fees. You won’t even pay a commission on your trading profits.
Note that some brokers that Meta Profit partners with do charge spreads or commissions, as well as deposit and withdrawal fees. These fees vary by broker and are not levied directly by Meta Profit.
Meta Profit Minimum Deposit
In order to start trading with Meta Profit, you’ll need to deposit at least £250 into your trading account. This is the initial money that Meta Profit uses to trade on your behalf and grow your account.
How to Get Started with Meta Profit
At this point in our Meta Profit review, we’ll show you how you can start trading with Meta Profit. Just follow these 4 simple steps:
Step 1: Sign Up for Meta Profit
Visit Meta Profit’s website and find the registration form at the top of the page. Enter your name, email address, and phone number, then click ‘Register Now’ to create a new trading account.
Meta Profit will automatically assign you to a partner broker based on your location. Your broker may require a copy of your ID in order to complete your account setup.
Step 2: Fund Your Account
You must make a minimum deposit of £250 in order to activate your Meta Profit account. Deposit methods vary according to your broker, but most accept credit cards, debit cards, and bank transfers.
Step 3: Practice Trading in Demo Mode
Now that you have access to Meta Profit, it’s a good idea to try out the platform in demo mode before you start live trading. Demo mode offers an opportunity to modify the algorithm parameters, see how Meta Profit performs, and generally get used to trading with this robot.
Step 4: Start Trading
Once you’re satisfied with the Meta Profit algorithm parameters, you can jump into live trading. Toggle the switch from demo to live trading, and the software will immediately start placing live crypto trades on your behalf.
Your capital is at risk.
Tips for Using Meta Profit
Want to get the most out of Meta Profit? Here are our top 3 tips for new traders:
Start Small and Build Up Over Time
Rather than jump into Meta Profit with a £10,000 investment, it’s a smart idea to start small. Most traders are best off by starting out with the minimum £250 investment, and scaling up from there over time.
You can either grow your account solely on the profits that Meta Profit generates, or make additional deposits over time. In any case, never trade with money you’re not willing to lose.
Try Out Different Parameters
Take advantage of Meta Profit’s demo mode to test out the different algorithm parameters. By modifying these parameters, you can not only optimize the algorithm for current market conditions but also minimize losses when the crypto market turns south. Minimizing losses is key to achieving success as a trader.
Check Your Account Frequently
While Meta Profit is able to run on its own without any manual intervention, you should still plan to check your trading account at least once per day. You need to be ready to turn off live trading or modify the algorithm parameters if anything goes wrong. More broadly, it’s important to be aware of what’s happening in your trading account.
Is Meta Profit Legit?
Based on our Meta Profit review, we believe this trading robot is legit. Meta Profit doesn’t charge any fees and partners only with regulated brokers to host your trading account. In addition, the platform has glowing reviews from past and current users. MetaProfit only requires a £250 to get started and you can withdraw funds from your trading account at any time.
Another Bitcoin robot worth considering is Primebit Profit, as it also offers a demo account so you can test out the service before you commit any real capital.
The Verdict: Trade with Meta Profit Today
Meta Profit is an automated crypto trading software that can profitably trade Bitcoin, Ethereum, Ripple, Monero, Litecoin, and Bitcoin Cash. The platform claims an impressive 99.4% success rate and only requires a £250 minimum deposit to get started. Whether you’re completely new to crypto trading or a seasoned expert in search of bigger profits, it’s worth seeing what Meta Profit can do for you.
Ready to get started? Click the link below to try out Meta Profit for yourself today!
Your capital is at risk.
FAQs
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