Live Trader Live Trader offers a comprehensive platform, empowering traders to access an extensive array of automated trading bots to refine and execute their cryptocurrency strategies.
The platform utilizes API connections, giving traders the ability to use nearly 1,000 trading bots for automated transactions on major cryptocurrency exchanges like Binance, Bitfinex, Bitstamp, Kraken, KuCoin, and Poloniex.
Traders, regardless of experience, can develop personalized strategies, utilizing vast historical data and a selection of popular technical indicators through the platform.
Live Trader allows users to backtest and tailor their strategies. It also features a marketplace where traders at all levels can trade strategies. The 7-day trial period lets anyone test drive the platform's offerings before opting for a subscription.
Live Trader Overview
The Live Trader website While details about the development team are scarce, the platform is controlled by BOT Capital Pty Ltd, an Australia-based firm (ACN 630 223 620), complying with Queensland's legal requirements.
Email communications from Live Trader display the address: 155 Queen St, Brisbane City, Queensland, Australia, 4000.
The platform facilitates automated trading on approximately six premier exchanges and includes features like cloud hosting, robust backtesting, and simulated trading environments.
Live Trader grants access to an ample variety of cherished technical indicators such as MACD, RSI, MFI, STOCH, and SMA, featuring between 20 to 1000 different trading bots depending on the chosen subscription plan.
New users receive a 7-day free trial upon signing up, and can later choose among subscription plans: the basic at $15 per month, advanced at $39, and professional tiers at $79.
Live Trader is suited for seasoned traders due to its support for algorithmic trading and allowing for full bot customization. The strategic marketplace offers less experienced users the chance to acquire and rigorously backtest existing trading strategies.
Consequently, Live Trader emerges as a fully automated cryptocurrency trading platform, delivering an array of opportunities and boasting more features than many automated crypto trading solutions currently available.
Key Features
- Functionality – Live Trader operates as a well-designed web-based service, with an intuitive interface for easy navigation by users of all skill levels, supporting accessibility on both desktops and mobile devices.
- Technology – Users can set up automated trades through API linking with six top crypto exchanges, offering automated trading around the clock, leveraging the platform's cloud hosting features, negating the need for installations or upgrades, with user data being secured via 2048-bit encryption.
- Range of Tools – It integrates standard market and limit orders, including stop-loss and trailing stop-loss options. Subscribers access up to 1000 trading bots and 21 technical indicators like Bollinger Bands, MACD, RSI, and MFI, alongside leveraging fundamental analysis, paper trading, and backtesting.
- Flexible Subscription Plan – The 7-day free trial allows anyone to get familiar with the platform. Subsequent monthly plans range from $15 to $79, enabling access without additional fees, with fundamental platform features available to all.
- Customer Support – Little is known about the people behind Live Trader, but support is readily available. Users can ask for help via the support section, Twitter, Discord, and Facebook. The website includes FAQs and user guides for additional assistance. bl o g To start an account, hit the “Try For Free” button located at the homepage's top right corner.
How to Get Started on Live Trader
Registration requires only an email address, a password, and accepting the Live Trader Terms of Service.
1) Create an Account
After verifying your account through the email link provided, you'll share your trading goals and experience before trialing strategies with backtesting or beginning to set up your unique trading bots.
Start backtesting by picking the cryptocurrency you'd like to trade.
2) Test a Strategy
Next, decide the time intervals that dictate how often the strategy will execute ranging from 5 minutes to 24 hours.
Then, choose your preferred technical indicators.
Experiment with multiple indicators, combining them to optimize results. Once the buy indicators are configured, repeat the process for the sell indicators.
Post-selection of indicators, pick your preferred exchange and currency pair before clicking “Run Backtest”. Track the performance through the Dashboard and fine-tune strategies via parameter adjustments.
Include price slippage and fee simulators by clicking the settings icon beside “Run Backtest”.
Creating a personal strategy means accessing the “Strategies” section in the Dashboard, selecting your desired coin, exchange, and trading pair. Continuing practice with “Paper Trading” is an option before deploying your strategy in the “Live Trading” mode on active accounts.
3) Create a Strategy
Again, choose time intervals and technical indicators as in paper trading, to simulate trades using “pretend” virtual money, while monitoring progress from the Dashboard.
The platform can be tested free for up to 7 days, post which there are three available monthly subscription tiers.
Live Trader Fees
The Starter tier is priced at $15 monthly, the Advanced at $39, and the Professional at $79, with each offering specific features.
Starter allows access to 20 bots, advancing up to 250 for Advanced, and 1000 for Professional.
- 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
The strategy count varies from 1 to 5 to 10, with exchange connections beginning at 1, expanding up to 5 and unlimited in the Professional tier.
Higher-tier plans deliver superior strategy complexity and lower candle intervals.
Live Trader divulges little on their security measures, though confirms operating cloud-based trading on secure servers and utilizing 2048-bit encryption.
Is Live Trader Safe?
The team behind the project Appropriate technical and operational measures, internal controls, and data protection protocols are maintained to prevent accidental data loss, unauthorized access, or unlawful destruction.
Standard account security involves email and password but enhancing security with two-factor authentication (2FA) is possible through account settings.
If security breaches occur, Live Trader will annul and reset affected login IDs and passwords, though users are advised to safeguard their personal data and systems.
To promote transparency, Live Trader provides comprehensive logs of trading bot activities, assisting users in monitoring bot decisions from their accounts.
Aligning with standard practices, users don't need to transfer funds into their accounts, as Live Trader lacks access to users' crypto assets, interfacing via API to execute transactions and gather data.
It's recommended to disable withdrawals within crypto accounts to preserve security if opting for Live Trader's bot customization service, making it well-suited for those versed in automated crypto trading.
For beginners, while Live Trader might initially pose a learning curve, its marketplace allows users to explore and purchase pre-made strategies, backtesting them robustly before applying them in active trading.
Live Trader Insight 2019: The Smart Route to Automated Crypto Trading
How Accessible is Live Trader for Newcomers?
The wide variety of features Dive deep with us into the world of the Live Trader automated Crypto Trading Bot. Is this platform reliable? Discover the full spectrum of its advantages and disadvantages.
Live Trader Starter's Overview: A Thorough Breakdown
Live Trader offers a robust platform that lets its users exploit a multitude of automated trading bots, enhancing and refining their cryptocurrency trading strategies significantly.
Through API connections, Live Trader grants entry into a world of 1,000 trading bots. These bots operate seamlessly across leading exchanges, including the likes of Binance, Bitfinex, and Kraken, among others.
This platform is versatile, inviting traders of all experience levels to create custom trading strategies. It gives them access to extensive historical data and a selection of highly-regarded technical indicators.
Users at Live Trader can test and tweak their strategies effortlessly. Plus, there's a marketplace where traders at every skill level can share and trade strategies. A 7-day trial allows potential users to explore before diving into a paid plan.
Is Live Trader Suitable for Newbies?
The platform doesn’t reveal its team's identity but confirms it’s operated by BOT Capital Pty Ltd, bearing the Australian Company Number ACN 630 223 620, and follows the legal guidelines of Queensland, Australia.
Moreover, Live Trader emails list their address as 155 Queen St, Brisbane City, Queensland, Australia, 4000.
Live Trader revolutionizes crypto trading by automating it on around six top exchanges. Key features include cloud hosting, extensive backtesting, and simulation (paper trading) modes.
Pros
- 20 to 1000 Bots Available
- It further offers an array of technical indicators such as MACD, RSI, MFI, STOCH, and SMA. Subscription levels determine bot access, ranging from 20 to 1000 bots.
- Strategy Marketplace
- 7 Day Free Trial
- Newcomers to the platform can enjoy a 7-day trial. Afterward, subscriptions are tiered: $15/month for basic, $39/month for advanced, and $79/month for professional plans.
Cons
- Team not Visible
- Still Developing Online Community
- May be Complex for Beginners
Conclusion
Live Trader While Live Trader supports sophisticated algorithmic trading and bot customization, the marketplace caters to those unfamiliar with creating their own strategies by offering purchasable, backtestable options.
Ultimately, Live Trader stands as a comprehensive automated crypto trading platform, providing plenty of features that outshine many current solutions in the crypto space.
Functionality – Web-based and user-friendly by design, Live Trader’s layout is sleek and intuitive. Accessible from desktop, tablet, or mobile, it welcomes users of differing skill levels to engage in effortless navigation.
Technology – Automated trades can be configured through API integration across six prominent crypto exchanges. Users benefit from 24/7 automated trading and the reliability of cloud hosting, eliminating the need for installations or updates. Security is paramount, ensuring data is encrypted with 2048-bit security.
Range of Tools – Offering a suite of market and limit orders, plus stop-loss and trailing stop-loss features, the platform extends up to 1000 bot access alongside 21 technical indicators like Bollinger Bands and RSI, encouraging both fundamental analysis and comprehensive backtesting.
Flexible Subscription Plan – With a free trial extending up to 7 days, potential users have ample time to adjust. Post trial, tiered monthly subscriptions vary from $15 to $79, with zero trading fees for premium subscribers.
Customer Support – While details about the team are sparse, the Live Trader support is proactive. Reach out via the support section, Twitter, Discord, or Facebook. Extensive FAQs and guides complement their readiness to help.
Creating an account is simple - just click 'Try For Free' on the homepage.
To register, your email address, a password, and agreement to the Terms of Service are required.
Live Trader
Pros
- 20 to 1000 Bots Available
- It further offers an array of technical indicators such as MACD, RSI, MFI, STOCH, and SMA. Subscription levels determine bot access, ranging from 20 to 1000 bots.
- Strategy Marketplace
- 7 Day Free Trial
- Newcomers to the platform can enjoy a 7-day trial. Afterward, subscriptions are tiered: $15/month for basic, $39/month for advanced, and $79/month for professional plans.
Cons
- Team not Visible
- Still Developing Online Community
- May be Complex for Beginners
