Live Trader Live Trader is a dynamic trading bot platform empowering users to refine their crypto trading approach by accessing numerous automated trading bots.
Utilizing API connections, the platform integrates with nearly 1,000 diverse trading bots to facilitate automated operations on renowned exchanges like Binance, Bitfinex, Bitstamp, Kraken, KuCoin, and Poloniex.
Catering to traders with varying proficiency, the platform enables tailor-made trading strategies, offers access to robust historical data, and includes a host of popular technical indicators.
Users can put their strategies to the test and tweak them as needed, and Live Trader's marketplace gives everyone a chance to trade strategies. The 7-day trial allows a thorough evaluation before committing to a paid monthly subscription.
Live Trader Overview
The Live Trader website While the team behind the platform stays out of the spotlight, the project is noted to be owned by BOT Capital Pty Ltd with an Australian Company Number (ACN 630 223 620), and the Terms of Service are overseen by Queensland, Australia's laws.
Further, Live Trader's emails bear the Queensland address: 155 Queen St, Brisbane City, Australia, 4000.
Live Trader enables anyone to automate trades on roughly six major exchanges, complete with features like cloud hosting, extensive strategy backtests, and simulated trading.
The platform opens the door to numerous technical indicators such as MACD, RSI, MFI, STOCH, and SMA, allowing users to choose from 20 to 1000 trading bots based on their subscription tier.
Newcomers can enjoy a 7-day free trial, and after this period, subscriptions are tiered with the basic plan at $15 per month, while the advanced and professional subscriptions are $39 and $79 monthly, respectively.
Live Trader caters to seasoned traders by supporting algorithmic trading, allowing a high degree of bot customization. However, the strategy marketplace is ideal for those less familiar with creating automated strategies, letting them purchase and thoroughly test existing strategies before deployment.
In essence, Live Trader is an automated crypto trading haven that offers users a comprehensive array of tools and extends beyond many current automated solutions.
Key Features
- Functionality – Operating online, Live Trader boasts a streamlined interface and easy navigation, efficiently catering to novices and experts alike. It's accessible via desktops, tablets, and phones.
- Technology – Through API integration, trades can be automated on six leading crypto exchanges, leveraging the platform's cloud-hosting advantages for uninterrupted 24/7 trading, plus top-tier data security employing 2048-bit encryption.
- Range of Tools – Offering commonly used order types and trailing stops, subscribers get access to up to 1000 trading bots and 21 technical indicators like Bollinger Bands, MACD, RSI, and MFI, pioneering fundamental analysis while also engaging in simulations and backtesting.
- Flexible Subscription Plan – A 7-day free trial invites all to test the platform. Afterward, a selection of monthly plans from $15 to $79 are available, with core features accessible to all without added fees.
- Customer Support – Behind the scenes, information on the team may be limited, but the Live Trader support unit is proactive to address concerns, reachable via support requests, Twitter, Discord, and Facebook. An extensive FAQ and guides section is available on the site. bl o g Creating an account is straightforward; simply select the “Try For Free” option on the homepage.
How to Get Started on Live Trader
Registering requires just an email and password, along with agreement to Live Trader's Terms of Service.
1) Create an Account
Verify your account via email, then communicate your trading goals and experience level. Start by backtesting strategies or set up custom trading bots.
Kick off your strategy testing by selecting the cryptocurrency you wish to trade.
2) Test a Strategy
Choose the time intervals dictating your strategy's execution, with options from 5-minute intervals to a full day.
Select your desired technical indicators from this point.
Combine various indicators to optimize results, configuring both buy and sell signals through a similar process.
Choose an exchange and coin pair, then hit “Run Backtest.” Monitor your outcomes on the Dashboard, refining strategies as needed.
Add in price slippage and simulator for trading fees by clicking settings next to “Run Backtest.”
Ready to construct your strategies? Explore the “Strategies” section in the Dashboard, selecting the coin, exchange, and pair. For practice, select “Paper Trading,” then advance to “Live Trading” for real account deployment.
3) Create a Strategy
Set appropriate timeframes and indicators and use “fake virtual money” during paper trading to track progress in the Dashboard.
The platform offers free usage for seven days. Three subscription tiers—$15, $39, and $79—are available thereafter, each incorporating distinctive features.
Live Trader Fees
Starter plan includes 20 bots, Advanced scales up to 250, Professional provides 1000. The strategy count varies from 1 to 5 to 10 among plans, with concurrent exchanges from 1 to 5, and unlimited for Professional users.
Higher-tier plans support more complex strategies and shorter candle intervals.
- Full Exchange Support
- Full Technical Indicator Support
- No Additional Trading Fees
- 24/7 Trading In The Cloud
- Premium Support
- Market Anomaly Detection
- Advanced Strategy Configuration
- Backtesting
- Paper Trading
Live Trader provides limited insights on security measures, yet emphasizes cloud-based trading on secure servers with 2048-bit encryption.
They uphold strong technical and operational protocols to safeguard data against accidental alterations, unauthorized access, or unlawful erasure.
Standard email-password security is bolstered by optional two-factor authentication (2FA).
Is Live Trader Safe?
The team behind the project In a suspected security breach, Live Trader promptly revokes and reconfigures relevant login credentials while advising users to uphold their own data security.
For increased transparency, Live Trader gives users comprehensive logs of all bot actions, with details accessible via their accounts.
Uniform with other trading bot platforms, Live Trader doesn't ask for fund transfers to the account, avoiding direct access to crypto assets. The platform connects via APIs to exchanges for processing trades.
Users are advised against enabling withdrawals from their crypto accounts, maintaining their personal security practices.
Versatile customization of trading bots suits those seasoned in automated strategies, while novices find the platform accessible through its marketplace of pre-built strategies for purchase and thorough testing before live deployment.
Live Trader Review 2019: A Deep Dive into Automated Crypto Trading Bots
We examine the ins and outs of the Live Trader automated crypto trading bot. Is it trustworthy? Let's explore its advantages and drawbacks.
An In-Depth Guide for Beginners on Live Trader: A Thorough Review
Exploring Live Trader's Accessibility for Novices
The wide variety of features Live Trader offers a complete platform for automating your crypto trading, providing a diverse array of trading bots to sharpen your strategies.
By connecting through APIs, users gain entry to about 1,000 trading bots for automating trades on major cryptocurrency exchanges like Binance, Bitfinex, Bitstamp, Kraken, KuCoin, and Poloniex.
The platform caters to traders of all skill levels, facilitating the creation of custom trading strategies while offering access to extensive historical data and popular technical indicators.
Members can tailor and backtest their strategies. Plus, the inclusion of a marketplace lets all levels of traders exchange strategies. A 7-day trial offers a risk-free platform exploration before committing to a subscription.
How Accessible is Live Trader for Beginners?
While details about the team aren't disclosed, it's owned by BOT Capital Pty Ltd, which has an Australian Company Number (ACN 630 223 620), and the platform's terms are under the governance of Queensland, Australia law.
Emails from Live Trader come from their address at 155 Queen St, Brisbane City, Queensland, Australia, 4000.
The platform lets anyone automate trading across six major exchanges, featuring cloud hosting, advanced backtesting, and simulated trading.
Live Trader gives access to various popular technical indicators like MACD, RSI, MFI, STOCH, and SMA, with 20 to 1000 different trading bots available according to the chosen subscription package.
After registering, users enjoy a 7-day trial period, with subscription plans starting at $15 per month for the basic plan, scaling to $39 and $79 for advanced and professional plans respectively.
Pros
- 20 to 1000 Bots Available
- Tailored for seasoned traders, Live Trader supports algorithmic trading and lets users fully customize bots, yet the strategy marketplace is ideal for users who prefer buying pre-made strategies to extensively backtest.
- Strategy Marketplace
- 7 Day Free Trial
- In sum, Live Trader emerges as a genuinely automated crypto trading platform, distinct in its offerings and breadth compared to other solutions available.
Cons
- Team not Visible
- Still Developing Online Community
- May be Complex for Beginners
Conclusion
Live Trader Functionality – As an online solution, Live Trader boasts user-friendly design and smooth navigation. The dashboard is clear-cut, making it accessible across devices from desktops to tablets and smartphones.
Technology – With API integrations, automated trades are set up with six top exchanges, trading continuously and leveraging cloud hosting. There's no installation needed and users’ data is secured with 2048 bit encryption.
Tools Portfolio – The platform supports standard market and limit orders, as well as stop-loss and trailing orders. Subscribers benefit from 1000 bots and 21 technical indicators, including tools like Bollinger Bands and others.
Flexible Subscription Plans – Explore the platform freely for 7 days before selecting a monthly subscription between $15 to $79, with all main platform features unlocked for users at no additional trading fees.
Customer Support – Though the details about its developers are scarce, Live Trader’s support staff are reachable for all inquiries. Connect through the support section, Twitter, Discord, and Facebook. FAQs and guides are also easily accessible.
To get started, simply click 'Try For Free' at the top right of the homepage.
Register by providing your email and creating a password, while agreeing to Live Trader’s Terms of Service.
Verify via an email link, declare your trading expertise, then explore strategies through backtesting or designing your own trading bots.
Select your first coin and trade strategy to backtest.
Live Trader
Pros
- 20 to 1000 Bots Available
- Tailored for seasoned traders, Live Trader supports algorithmic trading and lets users fully customize bots, yet the strategy marketplace is ideal for users who prefer buying pre-made strategies to extensively backtest.
- Strategy Marketplace
- 7 Day Free Trial
- In sum, Live Trader emerges as a genuinely automated crypto trading platform, distinct in its offerings and breadth compared to other solutions available.
Cons
- Team not Visible
- Still Developing Online Community
- May be Complex for Beginners
