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Prime Advantage Review: Scam or Legit Robot?

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Author: Patrick Webber

Prime Advantage trading has gone viral recently as reports emerge about its enormous alleged profitability potential. The robot is accessible to all and is easy to use even for those without prior trading experience. But is the Prime Advantage robot legit, and is it possible to make the alleged profits?

We have put Prime Advantage on a test to determine if it’s legit and we are amazed by the results. Firstly, this bot appears to be legit, given the great reviews it is receiving online. Secondly, a lot of reviewers on TrustPilot confirm its supposed profits.

Prime Advantage supposedly earns up to $3k from a deposit of 250 USD. In this review, you will learn more about Prime Advantage and the basics of trading with it successfully.

  • Robot
  • Rating
  • Properties
  • Trade
1
 
The best choice
  • 88% Win Rate - Not a Scam
  • $250 Min Deposit
  • Accepts Credit Card and Sofort

Is Prime Advantage legit?

Prime Advantage scores highly on legitimacy tests and is therefore highly likely to be legit. We take factors such as user feedback, performance verifiability, platforms safety, partner brokers, and customer service when determining the legitimacy of a robot.

  • Prime Advantage has a 4.6/5 rating on TrustPilot after nearly 2500 reviews. This clearly shows that users are happy with it.
  • Our technical team has conducted numerous tests on Prime Advantage platforms and confirmed that they rely on AI technologies.
  • Prime Advantage platforms appear to be secure. Their website and web-trader have standard level encryption. Moreover, they are compliant to data privacy regulations such as the GDPR.
  • The robot appears to be the only partner with reputable and highly regulated brokers. Some of their brokers are under the mandate of top-tier regulators such as ASIC, CYSEC, and FCA.
  • Prime Advantage provides 24/7 customer care through live chat, phone, and email. Their agents are friendly and well informed.

It is important to note that like all trading robots, Prime Advantage comes at a significant level of risk. As a rule of thumb, never trade with an amount of money you can’t afford to lose. Read our Bitcoin robot 2020 guide for an introduction to auto-trading robots like Bitcoin Code and Bitcoin Trader.

What exactly is Prime Advantage?

Prime Advantage is a high-speed trading robot founded by a team of Wall Street engineers and traders. The bot trades crypto and fiat currencies with an alleged win-rate of about 88%. As mentioned earlier, Prime Advantage trades automatically and hence very little user input is needed.

Anyone can trade with this bot irrespective of their career or academic background. All you have to do to use it successfully is to follow the guide that accompanies it. Prime Advantage also provides a dedicated account manager to help new users navigate through the platform.

There is also a demo account to help you familiarize with the settings before going live. With Prime Advantage, you can bet on pairs such as BTC/ETH, BTC/BCH, and BTC/XRP. Also available are fiat pairs such as BTC/USD, BTC/AUD, BTC/GBP, and BTC/EUR. In total, Prime Advantage provides over 30 currency pairs.

This bot appears to be a good bet for trading crypto, given that its performance is not dependent on the direction that prices take. In other words, users can still make returns even in plummeting prices. Prime Advantage uses short-selling techniques to capitalize on falling prices. You can learn more about this technique on their website.

How does Prime Advantage work?

Prime Advantage analyzes market data for insights and automatically relays them to a partner broker for execution. This means that the robot must work through a broker.

Apart from order execution, robot brokers also receive deposits and facilitate transactions. Robots are not financial institutions and hence have no legal mandate to accept deposits from the public. This review confirms that all Prime Advantage partner brokers are adequately regulated. As stated previously, most of them fall under the watch of top-tier regulators, including the UK FCA.

Broker regulation is critical and should be the deal breaker when determining whether to trade with a robot. All well-regulated brokers are required by law to insure deposits and adhere to strict reporting guidelines. This ensures that users’ money is safe even if the broker or the robot goes through bankruptcy.

What justifies Prime Advantage Alleged Profitability?

The earning potential associated with Prime Advantage appears to be too good to be true until you look at its trading technologies. Moreover, the trading conditions provided by its partner brokers also justify the supposed earning potential.

Here are the critical points in justification of Prime Advantage’s alleged daily profitability of $3k from a deposit of 250 USD.

  1. Prime Advantage uses the trading techniques used by High-Frequency Traders. These techniques involve the application of powerful AI algo trading to research and execution. Some HFT trading techniques have a reputation of beating the markets for at least 99% of the times.
  2. The robot trades on a margin of up to 5000:1 as provided by its partner brokers. This level of leverage implies that users can take positions worth up to five thousand times their capital. Always remember that high leverage can also cause devastating losses. Invest wisely!
  3. Prime Advantage trades at a speed of 0.001 seconds ahead of the markets. This ensures a high supposed accuracy level. Moreover, the bot can capitalize on nearly 99% of the trading opportunities that emerge in any given day.

Unlike most auto-trading robots, Prime Advantage also derives trading signals from a list of select crypto traders. These signals providers are identified on merit and earn a commission every time the bot applies their strategy to generate a profit.

How to trade with Prime Advantage

Trading with Prime Advantage is a walk in the park even for complete beginners. As stated earlier, all that you have to do to trade with this robot is to read the guide that accompanies it.

Prime Advantage does 99.99% of the trading automatically, and hence the user does not have much input to make. You only need to adjust trading conditions as instructed and leave the bot to do the rest.

STEP ONE: Create an account with Prime Advantage

Visit the Prime Advantage homepage and create a free account. The process should take a few minutes and involves verifying your email and phone number. Prime Advantage observes strict data protection measures, and hence you should not worry about safety.

This step also involves password creation. Creating a strong password is the most essential steps towards ensuring the safety of your account.

STEP TWO: Deposit a minimum of $250

Prime Advantage requires a minimum of $250 to trade. The amount can be deposit via debit/credit cards or Wire Transfer. Prime Advantage also supports deposits through e-wallets, including skrill, Webmoney, Neteller, and FasaPay. You can also fund your account through crypto-wallets.

Prime Advantage takes user safety seriously and hence has all the necessary measures in place to safeguard your billing information. Moreover, its partner brokers insure all deposits against any type of eventualities.

STEP THREE: Trade with a practice account

The practice account should help you familiarize with the settings of the web-trader before going live. It is therefore essential that you trade with it before opening a live session. Prime Advantage provides all the information you need to trade successfully.

You should engage the dedicated account manager when trading demo to ensure that you are fully prepared for the live account.

STEP FOUR: Live Trading

As mentioned earlier, live trading with Prime Advantage is a walk in the park. You do not need any expertise or experience to trade with it. Just follow the provided guide, and everything else will fall into place.

While Prime Advantage has excellent earning potential, it is not risk-free. From the reviews we have come across, there is a likelihood of losing the invested capital when trading with this bot. It is therefore recommended that you only trade with what you can afford to lose.

Prime Advantage Trading Tips

This bot is auto, but this is not to mean you cannot improve the chances of succeeding with it. Observe the following tips to get the best outcome from this robot.

  1. Start small – This will allow you the peace of mind to observe factors that bring the best out of Prime Advantage. You can always add capital later.
  2. Trade from 8:00 AM to 4:00 PM ET time – This is the time when crypto and currencies markets are highly volatile.
  3. Leave the bot to trade unmonitored for at least 6 hours daily – Checking your account regularly is likely to cause excitement hence tempt you to end trading prematurely.

Is Prime Advantage legit? The verdict!

Prime Advantage appears legit. We have tested this robot thoroughly and found it to have all the features of a trustworthy and highly performing robot. You can start trading with Prime Advantage by clicking the link in the table below.

  • Robot
  • Rating
  • Properties
  • Trade
1
 
The best choice
  • 88% Win Rate - Not a Scam
  • $250 Min Deposit
  • Accepts Credit Card and Sofort

FAQs

Is Prime Advantage legit?

Prime Advantage appears to be legit. This robot has excellent reviews on TrustPilot, and well-regulated brokers monitor its partner brokers.

How much should I deposit with Prime Advantage?

A deposit of 250 USD is enough to get you started with Prime Advantage. You can deposit via debit and credit cards, wire transfer, or e-wallets.

How much can I make with Prime Advantage?

The earning potential with Prime Advantage depends on how much you invest and the level of volatility in the market. Some allege making up to 3000 USD daily from a deposit of $250.

Can I withdraw from Prime Advantage?

Yes! Prime Advantage allows seamless withdrawals. Submit a request to withdraw through the provided tool and wait for five hours for the funds to reflect in your bank account.

Remember, all trading carries risk. Past performance is no guarantee of future results.
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A cryptocurrency and trading writer and editor, I specialise in algorithmic trading. I’ve written about every type of automated trading tools - from cryptocurrency robots, binary option robots, down to robo advisors. My goal is to write honest reviews about automated trading tools in order to help users understand which software are trustworthy and which ones they should stay away from. I am constantly analysing and scrutinising the up and coming trading apps so if you are seeking advice or if you would like me to write a robot review in particular don't hesitate to get in touch – I’m happy to help!