Botsfolio comes with pre-configured bots, which can be deployed to the market almost immediately to begin earning profits on your behalf. According to the vendor, the platform will expand your net investment into a blend of short and long-term strategies predicated on your financial goals and appetite for risk. A risk management intelligence system is also integrated into the bots to ensure you don’t lose much of your investment from bad trades.
Here is a list and description of the key features of the bot:
- Does not require trading or coding skills
The software is designed to scan the market around the clock and automatically place buy/sell orders for you.
- Multiple strategies
The system supports four main strategies: hedged trading, value investing, fixed income, and futures trading. So, you can choose to work with a technique you believe will give you the best outcomes.
An intuitive visual dashboard is featured to help you track your trading activities. As a result, you will always know how your trades are doing.
How to start with Botsfolio
Registering with Botsfolio is a straightforward process, and it requires you to follow these steps:
- Go to the official page and click on the register icon
- Fill out your email address and password
- Confirm your email
- Now, you can log in to your new account and follow the setup process to begin using the platform’s bots
Botsfolio charges users the basic amount for the year to maintain their trading bots. The charges are based on the portfolio’s value the platform is managing for you. Here is a breakdown of the packages:
- Portfolio value $1k to $3k – $4.75/month
- Portfolio value $3k to $10k —$9.50/month
- Portfolio value $10k to $50k —$14.25/month
- Portfolio value $50k to $100k —$19/month
Minimum first-time deposit requirement
Your chosen exchange may stipulate the minimum amount you need to have in your account for the bot to begin trading. However, the vendor recommends you fund your crypto exchange with at least a $1000 initial investment. This amount reportedly facilitates portfolio diversification and hedging.
The bot cannot withdraw your funds as it doesn’t control your deposits and withdrawals. It is only allowed to trade from your crypto exchange.
What about subscription fees and commissions?
The platform charges a 15% performance fee on profits every three months. You won’t be required to pay any commissions, though.
Botsfolio review: user interface
Botsfolio has an intuitive interface. Therefore, you can navigate the platform easily. Moreover, the info is conveyed in simple English and no jargon is used.
Customer feedback as it relates to this product is generally favorable. As you can see from the screenshot below, Botsfolio has received a 4-star rating based on 28 reviews on Trustpilot. One of the traders claims that the system has earned him a 68% ROI, while another states that it is easy to start. However, an unhappy trader claims that the vendor deactivated his bot for no reason, but he received no response when he inquired about the issue.
The team behind this system is unknown. We could not find any info on the official website that reveals the identity of the creators, their expertise, or even their whereabouts.
What exchanges does Botsfolio support?
The platform is compatible with the following crypto exchanges:
- Coinbase Pro
The software supports two languages: English and Japanese.
Is Botsfolio secure?
Overall, Bitsfolio is secure. It does not store your money, so no one can transfer or withdraw it. Your personal info is also safe with the system. The devs say that they will not reveal, rent, trade, or sell your data without your permission. Furthermore, the platform maintains reasonable technical, administrative, and physical measures to protect your data from unauthorized use, access, and modification. For instance, all employees are trained to keep the personal info of clients strictly private and confidential.
Is it a regulated crypto trading platform?
Yes, Botsfolio is a regulated trading platform. The site adheres to the United States’ laws related to crypto trading. Therefore, those who access the site or content outside the US do so at their own risk.