What is phpTrader AND How does it work

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phpTrader is an auto-trading bot that routinely trades crypto coins for traders. If you are one of those that wonder if phpTrader is a legitimate or trustworthy firm, this article will reveal to you all you need to know about the auto crypto trading company and its business practices, By the end of this article, you should be able to know if the company is a true innovation of our modern age exaggerated bitcoin scam? Want to find out more? Follow us as we review how phpTrader works and the value propositions to traders.

What is phpTrader?

phpTrader is a crypto auto trading robot that promises to streamline cryptocurrency trading. By signing up for phpTrader today, traders of all levels of experience including newbies and veteran traders can reduce risk and boost their profit potentials. At least that’s what phpTrader claims.

The creators of phpTrader carefully note that their auto trading bot doesn’t guarantee revenue. However, to show the trust they have in the robotic system, traders only pay an administrative fee when they make gains with the robot. They configured the trading bot based on a set of algorithms. These algorithms look at external signals and then buy and sell crypto coins based on the significance of these signals.

You can use the default setting of the trading bot or fine-tune the settings of the trading parameters with phpTrader. Alternatively, you can add more complex signals to your profile and utilize copy trading to replicate the trades of more experienced professional traders and generate your trading strategy.

phpTrader as you’d expect from a legitimate investment company gives you no guarantee of a return. However, there are many testimonies of people who made quick money with the trading robot. There are multiple claims of investors who used the bot to make money without risk, especially as you only pay when you make a profit. They only registered with phpTrader and the rest trade activities were made by the bot.

You can try phpTrader free for 7 days. Subscription is free, but you pay maintenance fees when you make money with the auto trader. 

phpTrader Company Introduction

phpTrader has developed sophisticated algorithms designed to increase revenue profit. This stable and secure system eliminates any risks and automatically buys at a low price in one cryptocurrency market, and resells immediately at the highest price in another market. Our powerful system can handle huge amounts of multi-transactions simultaneously and can quickly and effectively leverage price differences for optimal profit. Also, there is a dedicated team of virtual currency market experts that is available 24 hours a day to provide expert support in your language at the moment you need it.

phpTrader believes that all social and technical challenges associated with blockchain can be overcomed if market owners are required to contribute a fair share. So, phpTrader is committed to bringing the good news about blockchain technology to the world. The company has already gained a reputation in the Asian market and is expanding worldwide. 

phpTrader maintains transparency of its management and other information. The crypto firm is an officially registered company. The phpTrader.com domain was registered in 2019 Switzerland in 2019 to create a hub for virtual crypto assets and virtual cryptocurrency trading.

Benefits of phpTrader

phpTrader enhances its portfolio with very innovative technology to make the right decision at the right moment. Our next-generation platform delivers levels of speed and stability that has never been seen before while benefiting from the inherent transparency and security of the blockchain. Since we automatically assess spreads and complete real-time revenue-generating transactions with our high-speed data centers systems, it can make a profit when the opportunities emerge. 

phpTrades Vision

phpTrader do its best to create an environment where people without extensive experience or available investment capital can make money from market price differences. We made the process entirely automated and simplified so that everyone can enjoy the benefits of market opportunities with minimal exposure and maximum revenue and to help the beginner earn revenue. We do our best to provide professional personal guidelines regardless of the level of expertise of our customers. Therefore, with innovative margin trading technology, customers can optimize their revenue potential without a limit.  

Our trading bot collects and analyzes market information in the fastest and most accurate way. Our trading bot collects and analyzes market price information of dozens of exchanges and virtual currencies in real-time. Based on this, we find the most optimal trading point and secure a stable rate of return. 

What are phpTrader Features? 

The main features you will get from the phpTrader’s trading bot include the following: 

24/7 Automated Trading 

The bot gives you all the time you need to succeed without any need for the time consuming manual trading. phpTrader relieves you of your trading tasks by buying and selling cryptos for you utilizing trading signal analysis of the robotic system.

Arbitraging 

phpTrader features an arbitraging tool feature that tracks alterations in crypto prices between exchanges. You can make a profit by buying at a high price on one cryptocurrency exchange and selling at a low price on another crypto exchange.

Shorting

phpTrader offers shorting supports, so with the bot, you can earn money when the price drops.

Copy Trading

The phpTrader platform equally offers copy trading or mirror trading from multiple dozens of experienced traders, so you can make the same profit by copying all the trades made by these traders.

Strategy Builder

phpTrader allows you to create your own trading strategy with over 130 candlestick trading indicators and patterns.

Simulated Trading

phpTrader has a trading simulation sandbox that allows traders to experiment with the bot without spending real money.

Connect to 11 major cryptocurrency exchanges

phpTrader connects to 11 cryptocurrency exchanges including Binance, Coinbase Pro, Bitfinex, KuCoin , Bitpander, Okex, Kraken, Bittress, Bitvavo, hitbtc, 

Coinbase, Poloniex, and Huobi Global via API.

No Transaction Fee if you make a loss

phpTrader does not charge any commission if there is a loss. If there is a profit, the commission fee will be paid according to the grade. The picture is in the attachment below. 

With phpTrader, you dont pay any administrative charge until you make profits. While the bot fee is free, traders are required to make a minimum investment of 100 dollars to use the system. phpTrader is confident about the technology enough to allow users to only pay only fees equivalent to their income. In other words, if you don’t get anything, so does phpTrader.

Historical backtesting

If you want to create a new strategy and test it in different market conditions, you can use phpTrader’s auto trading bot backtesting features to see how the algorithm works.

Trailing Stop Loss

Minimize your losses with the phpTrader’s trailing Stop Loss feature. The feature allows you to set a risk limit and this helps you prevent a loss that exceeds a specific percentage.

phpTrader does not keep traders money

The phpTrader API trades for you with your exchange account. However, it cannot withdraw money from the account. Your funds remain on the exchange of your choice. phpTrader does not save your money.

See your entire transaction history

phpTrader allows you to see the entire history of your transactions. Therefore, you can readily track the transactions made by the robotic trader, and the times the trades were performed. You can also view the profit and loss ratio for each transaction.

Multiple Indicators: 

With the trading bot, you can Scroll through indicators like Bollinger Band, MACD, RSI, Stochastic indicators, and more.

How does phpTrader work?

phpTrader links up to multiple trading exchanges through an API (Application Programming Interface). By giving your trading account access to the phpTrader API, the program can automatically conduct transactions to earn crypto coins.

For clarifications, the phpTrader trading bot cannot withdraw money from your account. However, it can check your balance and perform transactions on your behalf but you can mute the feature if you want.

The key benefit of phpTrader is that it eliminates emotions out of the trading process. The robot does the trading for you and can’t be influenced by your own emotions. A volatile and risky market like the crypto market can make control of emotion tasking for traders. These robotic traders remove emotions out of the trading process and help you do business based on real data, not emotions.

New and advanced traders can use phpTrader

New traders can register with phpTrader and let the robot start trading immediately. There is no need to set parameters, copy trades, or develop your trading strategy. Instead, you can start phpTrader and forget about it.

Some configuration options of the phpTrader auto trading robot are:

  •       Strategy (select a particular strategy or “No Strategy” and utilize either manual or external signals)
  •       Profit percentage
  •       Low bid percent rate and high bid percent
  •       You can activate or deactivate Stop Loss and trailing Stop Loss
  •       Trailing Stop Loss Ratio
  •       You can choose a number for your trailing stop loss.
  •       You can make use of only trailing Stop Loss. You can activate or deactivate it.
  •       Holding assets when fresh targets are equivalent. You can equally activate or deactivate the feature
  •       Automatic real-time tasks termination
  •       Maximum open time shorting and going long
  •       Optimal numbers of open positions
  •       Highest percentage of open positions for every crypto coin
  •       Purchase rate
  •       Minimum BTC per order

You can select your desired setting based on your profit expectations, risk exposure, and other measures. 

  1. Inter-exchange bots 

It is a specialized trading system for scanning, analysis, strategic development, and trading by statistical profit-taking between the exchange and exchanges. We provide an automatic profit-taking system by using the exchange system.   

  1. Triangular Arbitrage bots

It is a specialized trading system for scanning, analysis, strategic development, and transactions by statistical margin trading within a single exchange. We provide a profit transaction system for automobiles within the single-person exchange.   

  1. Market maker bot

Personal artificial intelligence trading bots deal with some of the best signal providers or top traders, it is designed to be traded faster and more efficiently and to generate secure revenue.

4) Subscribe to signal services providers 

phpTrader makes it easy for you to subscribe to professional external signals. These signal services are offered by experienced traders. A functional trading signal can determine the market condition and direct you to buy or sell, for an instance. Free and paid signal subscriptions are offered by phpTrader.

Conclusion

phpTrader is an automated cryptocurrency trading robot that uses trading algorithms to trade on your behalf. You can configure your bot for a variety of strategies. For example, you can copy another seller or add another signal to your profile. You can also create your strategy based on getting more bitcoins through micro-trading.

phpTrader can presently link up with 11 different exchanges as mentioned above. If you are looking for a convenient way to buy and sell crypto coins, phpTrader can be a great option if you don’t expect huge returns without risk and effort. While everyone is obsessed with bitcoin prices and has BTC predictions for the month, it might be wise to use an automated, self-adjustable, and customizable crypto trading bot, and phpTrader trading bot is one of the best ways to go.


(Syndicated press content is neither written, edited or endorsed by ED Times)


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