Coinrule review – Is Making Profits While Trading That Simple?
The Coinrule company belongs to Coinrule Inc., registered in the US. Another entity, their subsidiary, Coinrule Limited is registered in the UK.
With this in mind, many traders wouldn’t have doubts about this firm. Yet, there are many that experienced something that could make you worried. To find out all the potential flaws and risks, read this Coinrule review carefully.
|Regulation status:||Not expected|
|Warnings from Financial Regulators:||N/A|
|Registered in:||US, UK|
|Trading platforms:||Proprietary trading bot|
|The majority of clients are from:||United States, United Kingdom, India, Italy, France|
Legal Information: Is the Coin Rule legit?
In general, the company is registered in the US and the UK. Therefore, from that standpoint you are safe. However, this business doesn’t require regulations. Consequently, everything is in the grey zone. If you lose money while trading, you can’t blame this firm. Or you can?
In any case, this company only offers software for crypto trading. It makes everything more complicated. Just make sure you are trading with licensed exchanges for maximum protection. Keep track of their DASP or VASP license to make sure you don’t get ripped off. Surprisingly, Coinrule doesn’t reveal any contact details which makes everything quite suspicious.
Key Software Features
One of the most important things to understand is that the software is using your parameters. Therefore, you need to know what you are doing. Once you set the strategy, the software trades for itself. On the positive side, it has quite good security. However, the main weakness is that there no dedicated app. Instead, you must use a web-based platform to integrate with a crypto wallet.
With the API key, you can connect this tool with some of the most trusted exchanges. Yet, if you continue losing funds if the software fails, you can’t blame the exchange. Generally speaking, traders are skeptical about auto-trading tools. Primarily because there’s no guarantee you will end up in profits.
What Are The Pricing Plans and Benefits?
Of course, as with any software promotion nowadays, you get a discount for paying annually. Note that the company only accepts crypto which is not the most convenient thing. In any case, you can choose between 4 accounts:
- Starter – Free
- Hobbyist – $39.99/month
- Trader – $79.99/month
- Pro – $499.99/month
In general, if you don’t choose Trader or Pro account you won’t have significant benefits. Neither you will have one-on-one sessions and some other benefits. When it comes to execution, you can expect limitations on lower account types.
What Are Other Traders Saying About The Software?
It seems that the Coinrule bot is not flawless. If you look at Trustpilot reviews of coinrule.com, you will see 93 comments. Out of those, almost 20% are coming with negative ratings, mainly complaining about software failures. Overall, the Coinrule trading bot should be considered like any other auto-trading tool.
After all, neither are Coinrule Reddit comments the most positive out there. So, you better wait a bit and consider all the options before investing. To learn how to choose the right company you may as well read our Gio Fx Gain review.
Software Tradeable Assets
Our detailed Coinrule bot review presents you with a slight disadvantage of the tool. It’s only available for crypto assets. These are generally volatile and unpredictable. On top of it, there is Coinrule arbitrage to help you maximize the results. Yet, the reviews wouldn’t confirm such stories.
Payment Methods Available
Our Coinrule trading bot review reveals that the company only accepts crypto payments. Therefore, if you are not satisfied with services you can’t get a chargeback.
This is not something you want if you are trying something out. Not to mention that some traders claim that the Coinrule scam firm was manipulating them to pay for the package.
Apparently, there is 24×7 support with the company. But most likely in so much advertised Telegram groups. However, as a new customer, you don’t have any option to reach out to the company, which is generally not something convenient.
Luckily, our GroupTFM Review will show you why transparent contact options are important.
Summary: Should You Invest Here?
Even though Coinrule-supported exchanges are quite attractive, you might rethink the offer. As it seems, after Coinrule login you might get persuaded to start with the payment plan. Yet, if you are wondering is Coinrule profitable, check their reviews. Not the best ones you can find out there.
In general, there are tools like AI Analysis Bot that might suit you way more regardless of your experience. Practically, the tool does the hard job for you. It’s using AI to analyze live market data and combine it with historical patterns to give you the perfect signal. Yet, you won’t have pressure from brokers or the software choosing for you where to invest. You keep control of the funds which is the most important thing in trading nowadays!
Is It Possible to Make Money By Online Trading?
If you want philosophy, anything is possible. Of course, there are many factors that impact the outcome. The first and most important one is the brokerage or investment firm where you have an account. Secondly, there are tools you are using.
One of the main disadvantages of auto trading systems is that you don’t control the funds. So, if the software fails, you can’t do anything about it. Neither can you blame anyone. On the other hand, if you are using AI Analysis Bot, you can forget about such trades, since the tool is not opening trades for you randomly. Therefore, you have a huge advantage over other traders.
We honestly advise you to book a free first consultation and find out more. If you are sick of just losing money on the market, contact us now!
What Is Coinrule?
Coinrule is a legitimate and registered company offering auto-trading services for crypto exchanges.
How secure is Coinrule?
Besides official registration, there are not many positive things. Especially comments from other traders. That’s why we suggest you contact us for more information on AI Analysis Bot.
How Does Coinrule Work?
The company only offers trading bots for exchanges. Which is not the safest move. To find out safer trading options and benefits of AI Analysis Bot, contact us today.