WunderTrading This crypto trading platform empowers investors by facilitating automated trades in the crypto market, offering exceptional features suitable for both novices and seasoned traders aiming to generate profitable trades.
Explore this WunderTrading review for comprehensive insights into the platform's trading methodology, principal features, services, and more.
Here's a summary table offering an overview of the WunderTrading platform’s essentials.
| Launch Date | 2018 |
| Platform | Available as both a Web and Mobile App (specifically for Android users). |
| Cryptocurrencies Offered | 100+ |
| Fees | 1.00% commission |
| Supported Countries | Not stated |
| Customer Support | Yes |
What is WunderTrading?
WunderTrading Having launched as a cryptocurrency exchange in Estonia in 2018, the platform has seen exponential growth by streamlining the trading experience for its users.
Describing itself on its website as a 'financial technology entity,' the firm aims to apply cryptocurrencies to real-world uses through diverse products and solutions.
WunderTrading users can buy over 100 cryptocurrencies with credit/debit cards and bank transfers. Among the prominent options are BTC, ETH, BNB, LTC, XRP, and more.
The platform provides sophisticated cryptocurrency exchange capabilities including an advanced trading terminal, signal marketplace, crypto portfolio tracker, and quick deposit options.
WunderTrading enriches trading experiences with two pivotal features: Automated Copy Trading and Automated Crypto Trading Bot.
- The ‘Automated Copy Trading’ feature is tailored for those new to crypto trading. It enables novices to replicate the strategies of experienced and successful traders, thus sharing in their profits.
- The ‘Automated Crypto Trading Bot’ feature facilitates seamless trades for users, operating based on personalized trading criteria. This functionality maximizes market opportunities by executing trades efficiently.
While researching WunderTrading, despite efforts, we couldn’t fully substantiate some claims. We also encountered some negative feedback on the bot's performance on external sites.
Users can get started on this platform for free and complete verifications to access all supported features and services.
How Does WunderTrading Work?
WunderTrading The platform features an intuitive and user-friendly interface, enabling easy navigation. Similar to other crypto firms, it performs identity checks to prevent frauds like money laundering.
WunderTrading conducts user verification as part of legal compliance to curb financial crimes, allowing verified users to purchase Bitcoin and other cryptos with cards or wire transfers.
However, WunderTrading charges trading fees on every purchase of cryptocurrency. However, these fees are low and range between the average fees in the industry.
It offers four types of accounts, with distinctions in cost and features, promoting user flexibility based on different subscriptions.
The four types of accounts are:
- Free
- Basic
- Pro
- Premium
Subscriptions form a key revenue stream for WunderTrading.
Investors are encouraged to start with a ‘Free’ account to explore the platform before considering any subscription upgrades.
Its robust offering includes an advanced mobile app, catering to users favoring the accessibility that comes with mobile solutions.
Most app users express satisfaction according to our findings, though a few recount minor issues like interface glitches and keyboard errors.
WunderTrading Key Features
WunderTrading introduces groundbreaking features for its clientele, including but not restricted to:
Automated Crypto Trading Bot
Through its automated crypto trading bots, users can craft, test, and apply trading strategies to specific cryptocurrency pairs.
Once the trading bot is set up, traders can create alerts to receive signals on when to buy or sell a particular asset. The platform’s trading bots convert and execute them as soon as the signal is received.
A key advantage of these bots is their ability to safeguard traders against market fluctuations while incrementally boosting their portfolios. However, activating these bots requires users’ input.
Automated Copy Trading
The WunderTrading Copy Trading tool allows investors to replicate proven strategies directly into their trading approach.
Users can copy the trade with the same settings in real-time as soon as the signal provider generates a signal manually or through a trading crypto bot. This tool is appealing and beneficial for crypto beginners keen on high-profit returns but doesn’t have the time or knowledge to time the market movement appropriately.
Cryptocurrency Portfolio Tracker
With its crypto portfolio tracker, investors can maintain a comprehensive overview of their investments.
The portfolio tracker lets traders keep a tab on their purchases, returns and sales. WunderTrading allows traders to manually input their trades or connect their exchange’s API to manage their portfolios easily.
Multiple Account Management
As modern traders manage multiple crypto accounts, the Multiple Account Management feature allows for the integration of various exchanges into a single device.
Investors can also engage in arbitrage trading. Users can simultaneously purchase and sell the same crypto assets on different markets to generate profit from tiny market movements in price. The platform supports many of the popular cryptocurrency exchanges, including Binance, KuCoin, OKX, FTX and Kraken.
Top Services on WunderTrading
Catering specifically to profit-driven traders, WunderTrading breaks its offerings into three major services:
- WunderTrading Cryptocurrency Exchange broadens market access for users, enabling crypto purchases like Bitcoin and Ethereum through fiat currencies using card payments, ensuring low fees and rapid transactions.
- WunderTrading Commerce Services facilitates easy cryptocurrency payments for traders and merchants via email or web.
- WunderTrading Trade Services delivers an array of top-tier trading solutions aimed at easing trading processes and maximizing profits.
Users can increase earnings through WunderTrading’s referral program, offering commission incentives to traders with each new referral.
Invitations to friends and family can lead to a 20% lifetime commission for referred subscribers, alongside a 10% discount for those subscribing short-term.
Through its array of features, WunderTrading positions itself as more beneficial than an average crypto exchange.
Can you Trade on WunderTrading?
To embark on their crypto journey with WunderTrading, users must register and validate their accounts to enjoy the full scope of trading capabilities offered.
Unverified accounts are limited to purchasing cryptocurrencies worth $300.
Upon successful verification, users can immediately acquire cryptocurrencies via their credit cards.
Simplifying the complexity of selling crypto, the platform’s bots and trading tools make executing trades easier.
WunderTrading Minimum Deposit
Our examination found that an investment of €50 is the minimum to begin, with easy deposits through credit cards and bank transfers.
Fees
While account registration is cost-free, transitioning from basic to premium requires a paid subscription. Additional fees cover commissions and withdrawal processes.
Memberships vary from a free account at $0 to a premium account at $44.95, with users encouraged to start free and upgrade as needed.
Platform transactions include a commission charge—either $5 or a 5% fee per transaction, with standard withdrawal fees such as Bitcoin at 0.0005 BTC.
Funding options abound: SEPA, bank transfers, Apple Pay, debit cards, and crypto payments, each with its own deposit fee structure.
WunderTrading Pricing Plans
WunderTrading offers four subscription tiers to traders—Free, Basic, Pro, and Premium—with discounts for longer commitments.
Here’s an outline of each plan’s offerings:
Free Plan:
Price : $0.00 per month.
Key features:
- 5 open positions
- 2 active bots
- 1 API per exchange
- Trading Terminal capabilities include Spot and Futures trading.
- Bot Trading also supports both Spot and Futures Trading.
- Simultaneous execution for Take Profit and Stop Loss commands is a notable feature.
Basic Plan:
Price : $9.95 per month.
Key features in the Basic plan include everything from the Free plan plus additional benefits.
- 15 open positions
- 5 active bots
- 2 API per exchange
- Trailing stop
- Spot and futures trading
- DCA trading terminal
Pro Plan:
Price : $24.95 per month.
Key features in the Basic cover the Free plan’s elements.
- 100 open positions
- 15 active bots
- 5 API per exchange
- The manual trading option (futures only) introduces a fixed amount setting.
- Spread trading terminal
- Swing trade
Premium Plan:
Price : $44.95 per month.
Key features from the Pro plan build on the Basic plan.
- 1000 open positions
- Unlimited active bots
- Unlimited API per exchange
WunderTrading Customer Support
WunderTrading’s site includes a support center and FAQ area, along with a variety of educational material.
Is WunderTrading a Scam?
While we couldn't definitively determine if there are fraudulent risks associated with WunderTrading, here’s what we know.
WunderTrading markets itself as a straightforward solution for crypto trading, combining diverse tools such as exchanges, social trading, and Bitcoin payments in one package.
Despite these numerous features, the platform’s user-friendly design and reputation for offering trading scripts, bots, and a copy trading function stand out. Investment plans range from Free to Premium, with a fee spectrum of $0 to $49.95.
WunderTrading offers a variety of payment choices such as Visa, Mastercard, Skrill, Bank Transfer (SEPA), and Bitcoin. Users have the capability to manage various crypto exchanges either via the trading terminal or by utilizing bots.
The platform is under the supervision of the Estonian authorities, ensuring it can function as an exchange service provider for both digital and fiat currencies. For added security, it incorporates Two-Factor Authentication (2FA).
Although the exchange provides these functionalities, there are concerns regarding system dependability and customer support quality. Users have reported issues with bots shutting down automatically, as well as a sluggish response when requesting refunds.
How to Use WunderTrading
Potential users can start benefiting from WunderTrading's services by following these straightforward steps:
Register
Potential users must Visit the official website and complete the registration process by entering essential details such as name, email, and a robust password.
After this, the user will receive an email and be asked to verify it. This can be done by simply clicking on the verification link. The next step is to choose a plan depending on the user’s aim. However, the free plan is good enough for anyone just starting on the platform and has enough features to help familiarise them before moving to other plans.
Connect Exchange
To leverage specific trading features of WunderTrading, such as the trading bot, users need to connect to the exchange or specifically its API.
After logging in, navigate to Settings, proceed to “My Exchanges,” and choose “Add New.”
Fill in the account name, API key, and secret key into the form, then select the desired exchange.
The account name will be visible to other traders and investors, and the API key and secret can be retrieved from the exchange's official site.
Click on Add
Your chosen exchange will be listed under Settings > My Exchanges, from which point you can commence trading with WunderTrading.
Create Bots or Start Trading
With the API linked to the exchange, users can either begin trading or start creating trading bots. Traders can opt to make transactions themselves or let the copy-trader handle them.
How to use the Copy Trader
- Head over to the Copy-trading section, then select Start from the Copy-trader menu.
- Choose a trader from the Marketplace section and click Follow.
- Press “Ok” and pick the API profile you'd like to use to track the trader or bot.
- Tap confirm, and click “Ok.”
Users can always return to the Copy-trading tab to check on the traders they follow along with closed trades.
How to create a Trading Bot
- Go to the Bots section, pick a Strategy, and press Create.
- You'll need to set the Time Frame, pick an Exchange and API Profile, and name your Bot. Then specify the trading pairs.
Afterward, users can define the portfolio share size. - Modify the leverage.
- After selecting the order type, specify the last price, ask price, or bid price. Users must decide if they want to allow multiple entries.
- Then comes the decision on setting numerous take-profit objectives.
- Establish a stop loss, then construct a bot strategy.
Free account holders can operate just two bots simultaneously but will need to upgrade for more such features.
WunderTrading Pros and Cons
WunderTrading provides significant advantages to both crypto traders and investors, though there is room for improvement on their part.
Pros
- Low trading fees
- Supports top cryptos (BTC and ETH)
- Automated crypto trading bot
- Automated copy trading
- Free account plan
- Advanced trading terminal
- Multiple account management
Cons
- Limited payment options
- There's a need for improvement in automated trading
The Verdict
WunderTrading The platform offers an established and reliable solution for automated cryptocurrency trading using its supported exchanges and pricing plans. They provide new users with a complimentary version to help them become familiar with the system and assess whether a paid alternative is worth the investment.
Many crypto enthusiasts are drawn to the idea of running trading bots and mimicking the strategies of successful traders, thus WunderTrading certainly captures attention.
WunderTrading
Pros
- Low trading fees
- Automated crypto trading bot
- Automated copy trading
- Free account plan
- Advanced trading terminal
Cons
- Limited payment options
