In today’s world, cryptocurrency has gained immense popularity, and as a consequence, various cryptocurrency trading bots have come into play. These bots are automated trading systems or platforms that help traders in various ways. They comprise many features that make trading a lot simpler and easier.
One such cryptocurrency trading platform is Margin.de. It is one of the best trading bots and has several useful features. In this Margin.de review, we will take a detailed look at the different features, advantages, disadvantages, pricing, etc. of Margin.de.
What is Margin.de?
Before we talk about Margin.de, we have to know what a trading bot is. Bots are like trading terminals that help the traders come into contact with the various financial exchanges and datasets associated with trading. These bots will also buy and sell on your behalf even if you are not actively using them.
Margin.de is also a trading bot. This trading interface was previously known as “LeonArdo“. It was created in 2013 by a group of computer science graduates. Later, with the change in the ownership of the interface, the name was changed from “LeonArdo” to Margin.de. After changing the ownership, a new interface was introduced with a variety of new features that made this trading bot more popular.
It supports a large number of languages, such as English, Spanish, German, Chinese and Portuguese. In this Margin.de review, we will list the various features that this platform possesses.
Features of Margin.de
There are a large number of bots present in the market today and there is a huge competition between the different companies developing these bots. Amongst the range of bots with various features, Margin.de provides a list of several impressive and useful features that make it more popular than most of the trading bots present in the market.
1. Visual Trading
Margin.de has helped the traders be more efficient by introducing the drag and drop feature. Various detailed charts and strategies present in the margin make trading easier than before. You can also view 25 markets at the same time on the same screen by attaching a second screen to your device.
You can have access to all the bots which are present on the platform. This will help you make profits even when you are not available – you have to set up a trading strategy that the bot can run, and since cryptocurrency markets are open throughout the day and night, these bots will work on behalf of you according to the specified strategy at all hours of the day and night.
3. Technical indicators
Different technical indicators are present on the platform such as Bollinger bands, RCI, MACD, EMA and VWAP. These indicators will help you to examine and study the markets. On the basis of this analysis, you will be able to make the correct decisions. They will predict the future prices of the coins so that you can make your decisions correctly. These indicators also act as drivers for bot decisions.
You have the option to customize the interface of the platform according to your choice. You can change the position of the different sections as per your wish so that it becomes comfortable for you.
Another important feature of Margin.de is security. Even if there is an attack on the servers, your personal information will remain secure because the API stored on the servers of the company is a single and encrypted part of the entire key. As a security measure, instead of storing the funds in the company’s servers, you will directly have access to it through Margin.
6. Smart order router
It is one of the newly added features. It is a type of B2B tool that is used to split a larger order into multiple exchanges so that the best price is obtained.
Advantages of Margin.de
The various advantages of using Margin.de are:
- It offers a large number of features, trading strategies and indicators for the traders.
- A free demo version is available for the users before buying the various packages.
- The pricing of Margin.de is comparatively more affordable than other trading platforms.
- The Graphic User Interface (GUI) is easily configurable according to the choice of the user.
- It supports a vast number of languages and exchanges.
- It has a comprehensive UI.
- The drag and drop feature and the in-chart RSS feeds help the traders in many ways.
Disadvantages of Margin.de
Here are the few disadvantages of Margin.de:
- The information regarding the company and their development team is not up to the mark.
Can we really make money with Margin.de?
Margin.de allows you to pay only once in your lifetime or a one-time fee, that is you do not have to pay every month. Therefore, you can be sure that you will be able to recover the amount spent on the purchase of the bot easily even if the market is slow and you earn a minute amount of profit every month.
Now, making profits or earning on the basis of your investment entirely depends on your skills and abilities. There is a high chance of earning profits if you invest using the correct strategy. Before investing, you should learn about the different investing strategies from the experts.
There are three packages offered by Margin.de. Take a look at this Margin.de review to know about the different packages. They are – starter package, standard package and professional package. Before purchasing the packages, you can also check out the demo version.
The starter package is available at a discounted price of $129. In this package, you will get all technical indicators, unlimited bots and only one exchange. The next package is the standard package, the cost of which is $259. This package offers unlimited bots, all technical indicators and all supported exchanges. The third package is the professional package, which is available at a price of $2999. This package consists of unlimited bots, all technical indicators, all supported exchanges and multiple APIs per exchange.
With the introduction of various trading bots, trading has become easier than before. It helps you to make your decisions correctly and minimises the chances of bad investments. However, before purchasing any package, you must go through this Margin.de review carefully.