In this article, we will cover WunderTrading Review, a new automatic copy trading platform. With a variety of unique features, this platform goes above and beyond to offer a seamless user experience.
The platform is geared at both rookie and expert traders because of its simplicity and abundance of features. Now, let’s take a closer look at it.
WunderTrading Review: What Is WunderTrading?
As implied by the name, it is a “trading” platform. However, the “Wunder” translates roughly as “Wonder” due to the fact that it is capable of some truly remarkable feats!
Among the features available on WunderTrading are the following:
- Counterfeiting (Copy exact actions of other experienced traders)
- Create your own automated trading systems
- Using credit/debit cards to purchase cryptocurrencies
- Tracking portfolios across multiple exchanges
- Advanced trading terminal with the ability to automate transactions and strategies.
Of course, I’ll go into depth about each of these aspects. That is precisely the purpose of this WunderTrading review, isn’t it?
WunderTrading will never have access to your cash directly. They continue to be held in your exchange account. As a result, while the platform can execute trades on your behalf, it cannot steal or remove your assets.
Additionally, in the majority of circumstances, you retain control over the API’s permissions. You have complete control over the permissions you desire to grant or withdraw. Even later, the API access can be revoked remotely, so eliminating any chance of financial loss.
WunderTrading Review: Supported Exchanges & Setup
WunderTrading does not keep any of your funds. As a result, you’ll definitely need to connect the platform to exchange. The exchanges are where your funds are physically held while you use WunderTrading to automate your duties.
To integrate WunderTrading with your exchange, you must use the exchange’s API. I understand that you are not a programmer or a computer whiz and that you may have no idea what an API is or how to utilize it.
In most circumstances, it’s as simple as copying and pasting. Almost every exchange has an API option/tab/link/page. If you are unable to do so, simply contact your exchange’s customer care and they will assist you.
Simply choose the appropriate exchange on WunderTrading and provide the API key and the “secret” associated with it. Because these two are always presented on the same page, you may just copy and paste them here.
WunderTrading now supports the following exchanges:
- FTX (including FTX US)
- Binance Futures (USDT-M and COIN-M)
- Okex (including futures and swap)
To be quite candid, this is not the longest list. However, it does include nearly all of the major cryptocurrency exchanges.
WunderTrading Pricing: How much does it cost?
As a result, the site enables you to watch traders, replicate their trades, develop your own strategies and bots, and even purchase Bitcoins What is the cost of WunderTrading? $0.00.
WunderTrading offers a free everlasting plan that includes nearly all of the features available in the pricier options (obviously with a few exceptions).
However, it does offer three paid plans:
- Basic: $9.95/month
- Pro: $24.95/month
- And Premium: $44.95/month.
The key distinctions between the plans are the number of available positions, active bots, and APIs permitted. Given the free plan and the cost of the subscription plans, I’d say it’s a reasonably priced tool that won’t break the bank.
Is Wunderbit Safe?
Wonderbit has received a permit from the Estonian government authorizing it to provide services for converting fiat currencies to virtual currencies (with license number FVR000332).
As such, they abide by all applicable rules and regulations, including those pertaining to anti-money laundering, transaction security, fraud prevention, and data privacy.
Additionally, Wunderbit does not keep users’ digital assets; instead, they are transferred directly to users’ wallets following purchases. The website states that the security measures in place ensure authentic transactions and a top-notch secure platform.
Final verdicts: WunderTrading Review 2022
So, how good/bad is WunderTrading as a trading platform? It’s a great place to start, in my opinion, if you’re even somewhat interested in copy trading or trading bots.
Naturally, you may also use the trading interface to perform advanced automation, but this requires some advanced trading skills.
In terms of upgrades, I’d like to see Wundertrading make bot construction a bit easier or more transparent. It is, however, not a deal-breaker.
In general, based on the price/features ratio, I’d think WunderTrading is well worth a try.
Why should you believe this WunderTrading review, eh? Try it out; it’s completely free to sign up (no credit card required), so what do you have to lose?