Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong. Pattern Trader is a trading platform that claims to offer both smart trading tools and copy trading. In doing so, it asserts that it makes trading easy for everyone. Are these claims legit? Explore our Pattern Trader review for 2024 to find out. Pattern Trader Review 2024 – Overview Supported assets: Cryptocurrency Success rate: Not available Multiple Payments: Yes Deposit/Funds withdrawal: Yes Customer Service: Available to all registered traders Made our Best Bitcoin Robots List? No Visit Pattern Trader Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection. What is Pattern Trader? According to the website, Pattern Trader leverages the power of smart tools, human-based assistance, and community to help traders maximize their profit in the crypto market. It claims to be a web app designed to provide market intelligence and trading assistance to new and experienced traders. Technically, the project claims to maximize the predictive artificial intelligence programs to provide accurate trading signals to traders. Consequently, users can find trading opportunities in the crypto market. Additionally, the tool is said to combine human effort and technology to provide the best results. The project claims it provides a dedicated account manager to each sixer. The account manager is said to always be on the ground to check the activities of the algorithmic trading tools and ensure their operation without risking users’ funds. However, the Pattern Trading platform is not accessible free of cost, as the product page mentions that users are charged fees for deposits and withdrawals. But it promises to help users maximize their trading profit, which, in its claims, would make the charges quite negligible. Pattern Trader Profit Pros and Cons Here are the pros and cons we have learned upon assessing the content of the Pattern Trader website. Pros It claims that users have access to a dedicated account manager It claims that users enjoy demo account It claims that users have access to responsive customer support Claims to be an easy-to-use platform Claims to provide auto trading features Claims to be beginner-friendly Cons Hidden identity of funders and team High minimum deposit requirement Limited customer support channels. No social media platform Visit Pattern Trader Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection. How Does Pattern Trader work The Pattern Trader platform claims to provide tools that help crypto traders maximize their performance in the market. The platform features a proprietary tool named Bitcoin Prime. It claims that the tool is praised for its performance with an accuracy rating of up to 98%. However, we’ve not been able to substantiate the claim. According to the product’s website, the Pattern Trader platform is a web-based crypto trading solution that combines its proprietary tools with autonomous trading to provide optimal services to users. Furthermore, the project claims that the tools featured on the platform allow users to earn profits from the crypto market without lifting a finger. It claims that all they needs to do is supply the required parameters for the tools to execute autonomous trades on behalf of the trader. As stated, we’ve not independently verified the claims. Investors are advised to be careful when engaging with this platform. Pattern Trader features Below is a quick look at the features that are specific to the platform and a brief highlight of each feature. Smart Trading Tools The platform claims it has a proprietary trading tool named Bitcoin Prime. The tool is said to provide autonomous trading on behalf of traders. Thus, it becomes easy for beginners and veteran traders to get involved in the dynamic field of crypto trading. Dedicated Account Manager Pattern Trader also claims that it provides account managers to each user on its platform. In its claims, users can work directly with the manager to hone their trading strategy. Also, the account manager is there to help users with the autonomous training setup, which helps reduce the risk. Market Predictions The platform claims that its smart tools are able to provide trading signals to traders via the intel gathered from the crypto market. It claims that the signals are there to help traders supply suitable parameters to the tools for trading decisions and execution. Demo Account Pattern Trading platform claims that users have access to a demo crypto trading account upon registration. According to the website, the demo account allows newbies to explore the tools without risking the funds in the crypto market. However, access to the proprietary tools in the demo account is limited because the intention is only to provide users with an idea of how the platform works. To gain full access, users are required to fund their account with at least the minimum deposit. Monitoring Trades Another feature that the Pattern Trader promises users is the trade monitoring interface. In its claims, it emphasizes that the user dashboard allows traders to monitor all their trades from a single interface. Hence, it reduces the hassle that comes with switching screens in order to keep track of trades. Customer Support Additionally, there are claims that users can have their problems solved on the platform 24/7 via the customer support channel. The platform asserts that it boasts a responsive customer support team. It claims that users can receive whatever assistance they need, regardless of the questions, complaints, or challenges they face with the platform. Pattern Trader Account Fees The Pattern Trader platform claims that one of its core values is to help traders maximize their ROI. Hence, it claims that the account fees are kept to the minimum. While there are no specifics to the value of the fees charged, there are claims that it is a fraction of the amount deposited. The platform charges users fees for deposits and withdrawals. According to its website, the charges are factored in by the brokers after users have completed their registration. Pattern Trader Minimum Deposit Pattern Trader requires users to make a minimum deposit of $250 to access the platform. According to the platform, the payment is credited to the user’s trading account and is not treated as an account change. It further claims that the deposit is available to users as soon as they’re ready to start their trading session. Furthermore, it made it clear that users can make deposits of higher value than $250. Pattern Trader Compatible Devices The platform’s product page claims that users can access the platform from any device, including mobile and desktop. The tools are web-based. They can be accessed from compatible web browsers from Android devices, iPhones, iPads, tabs, and other devices with internet access. Is Pattern Trader a Scam? The crypto space is plagued with dubious projects and schemes, which has created doubts and negative biases towards projects like the Pattern Trader platform. From our findings, there are no explicit claims of the Pattern Trader platform being a scam. There are testimonies from past users across the internet and reviews from third-party websites indicating that the platform provides value to users. Hence, it’s unlikely that the Pattern Trader platform is a scam. The only factors that raise some air of doubt are the unknown identity of its founder and the unclear details of the location of the company behind the project. The relative lack of social media presence also gives some reasons to question the genuineness of the testimonials featured on the website. Investors are, therefore, advised to tread carefully when using Pattern Trader. Visit Pattern Trader Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection. Pattern Trader Customer Support At press time, users can only reach Pattern Trader customer support through the contact form available on the website. Given the limited customer support channels, it’s hard to assume that it will operate efficiently despite claims of instant response time. The Pattern Trader team should consider expanding the customer support channels available to users. As the number of users climbs, the current channel will become unsustainable. How to Use Pattern Trader? According to the platform’s website and other reviewers, the Pattern Trader tool is quite intuitive and easy to use. Nonetheless, the process starts with a quick registration, and a step-by-step guide is presented below. Step 1 – Registration To get started, visit the official Pattern Trader Platform and start the registration process. Enter your name, address, and email before proceeding. Step 2 – Deposit the Minimum Amount According to the website, users get linked to a broker when they complete their registration. It is at this point that users are expected to make a minimum deposit of $250 to fund their trading account. It further claims that the funds deposited are available to the users for trading, which means that it is not a payment for the services. Step 3 – Start Trading As explained on the website, users can kick off their trading session as soon as the deposit is completed. It claims that the trading app is already integrated with the brokers’ platform, which means that users would have instant access to the platform as soon as the session commences. How to Delete Pattern Trader Account Pattern Trader platform does not provide elaborate information about how users can deactivate their accounts. However, the platform offers account managers who can help users discontinue the use of the platform. Similarly, the platform also provides a channel through which users can communicate with customer support, who can help with any issue regarding their account. Perhaps they’ll be able to help users delete their accounts. Are There Celebrity Endorsements of Pattern Trader? The cases of celebrity endorsements recorded online on review sites are essentially manipulative. Some marketers have crafted those stories to get visitors to their sites and earn affiliate rewards. Our research reveals that Pattern Trader has received no celebrity endorsements. Thus, users may disregard any claim of celebrity endorsement. Who Are The Founders of Pattern Trader? There are speculations that the platform is the brainchild of a group of successful crypto traders. However, the details of their identity remain unclear. The information available on the platform’s website also provides scanty details on the teams. Consequently, the hidden identity of the founders has made many question the integrity of the platform because the founders are not willing to put their face behind their project. Pattern Trader Payment Methods Pattern Trader platform supports several deposit and withdrawal channels. As reported on the platform’s website, users only need to make a withdrawal request to get their funds sent through the method of their choice. It supports local bank withdrawal, credit and debit cards, e-wallets, PayPal, Skrill, crypto, and other Web 3 options. However, the website emphasizes that the withdrawal might take a few hours to complete, depending on the payment method of choice. The Verdict Finally, having considered the various aspects of the Pattern Trader platform, it’s a mix of pros and cons. Some aspects hold promises of potential and aspects that the platform may have to improve upon to present more convincing claims to potential users. While we could not verify many of the platform’s claims independently, reports from third parties emphasize the lack of a human touch point in the marketing phase of the platform. However, there are claims that the platform delivers on its promise of providing human help in the back end. Also, there are concerns over the customer support response time, which is contrary to the claims of the platform. Therefore, we recommend exercising caution when using Pattern Trader. Visit Pattern Trader Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection. Pattern Trader Alternatives If you still think that the Pattern Trader platform is not for you, there are viable alternatives to try out. It may not necessarily be a sophisticated trading tool. New and veteran traders can make simple adjustments in their approach to crypto trading to start seeing significant improvement. The suggestions below capture a few moves that traders can make right now to level up their skills and experience in the market. Investing Early in New Crypto Presales Or ICOs Recent trends in the crypto industry show that crypto presales are some of the best ways to earn substantial returns. Several crypto projects that went live in the past few months have become instant winners. Presales and ICOs are some of the options to consider when thinking of investing in crypto. The fun part is that investing in presale is cheap, as most of the tokens that launch through presale are underpriced. Furthermore, they are easy to analyze. Most presale projects are promoted openly, and users can see the progress via social media and the project’s whitepaper. The performance of the presale indicates the potential of the project. Networking With Professional Traders Networking has been one of the most rewarding skills that pros use to succeed in any industry. However, when it comes to trading, the most essential tool to leverage for a successful career, crypto trading can be risky, and the service of expert traders can help reduce the risk, especially for beginners. Also, networking with professional traders in the crypto industry can help veterans identify new opportunities they may not know. Some recommended networking options can be found through the recommended Discord server. Automated Copy Trading in Crypto Exchanges There are hundreds of automated trading platforms in the crypto space. However, very few of these tools come close to the reputation of Bybit and OKX. Each of these tools also provides optimal features that users can leverage to maximize trading profit. FAQs? How does Pattern Trader withdrawal work? According to the Pattern Trading website, users can withdraw there by simply requesting a withdrawal. The process is similar to the deposit method, and the payout is available through several channels. The platform claims it supports payments to local bank accounts, credit cards, PayPal, or other e-wallet providers such as Skrill or Netteler. How much do I need to get started with Pattern Trader? Pattern Trader do not have an upper limit on their funds requirement. However, traders need to make a minimum deposit of $250 to use the platform. Invariably, it's best only to invest the funds that one can afford to lose, as all forms of trading come with their risks. There are no guarantees in trading, especially in volatile sectors like the crypto market. How long does it take to make a profit with Pattern Trader? Pattern Trader claims that it's able to help traders make a profit instantly. However, there are no ways to validate the claims as we could not access the platform for personal use. Nonetheless, there are testimonials of traders who claim to have instant results after they started using the platform. On the other hand, users should take the promise of instant gains with caution as the crypto market is largely unpredictable. Can I lose my money by using Pattern Trader? All trading comes with risk, and there are no trading platforms or tools that shield investors from the risk of market failures or errors. Hence, investors may lose their investments even when using tools like Pattern Trader. Thus, there’s a need to adhere strictly to risk management procedures to reduce the risk of failure and cushion the effect of inevitable failures.