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Trade Unity Review: Scam or Legit Copy Trading Platform?

Trade Unity claims to be a copy trading platform that helps traders make thousands of dollars in profits by replicating professional traders’ trades.  The platform appears to offer tools for automated social copy trading and trading education. But is Trade Unity legit? 

Users want to make sure they are leaving money in good hands. But, to be honest, trading crypto is neither simple nor safe. This kind of trading comes with risks that users can’t avoid. They need to be smart and calculate every move if they want to come out with money in their pockets.

Regarding Trade Unity, users have reported profits of up to 1,000 euros per day through the platform, and the platform also appears to allow you to learn more about forex and crypto trading. 

In this review, we will look at the features that make up Trade Unity. Trade Unity is said to charge a license fee and may not be the best for a beginner trader. We will also look at alternative trading robots and tips to help traders make the most out of auto trading.

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Contents [show]

    What is Trade Unity?

    Trade Unity is a trading robot that applies social copy trading strategies to attempt to generate profits. The platform also says to offer forex and crypto trading education to clients who want to learn manual trading. According to the website, you do not need any trading expertise or experience to start trading with this platform. If you want to trade on this platform, all you need to do is open an account and select your trading strategy. Trade Unity is said to provide three trading accounts: Starter, Basic, and Advanced. They claim that each account allows users to trade different financial instruments, whether the user is a beginner or a professional trader. 

    Trade Unity appears to give access to ICO Presale rounds for those with Advanced accounts. Initial Coin Offering (ICO) presales offer an opportunity to invest in new cryptos before the main sale. Consequently, they reportedly tend to be more profitable than trading already established cryptos such as Bitcoin and Ethereum.

    Trade Unity seems to require a license fee for all three types of accounts. The Starter account license requires you to deposit 250 euros to start trading on the Trade Unity platform. The Basic account requires you to deposit 2,500 euros if you want access to more instruments and greater assets. The last one, the Advanced account, requires you to deposit 25,000 euros. When you see the amount of money you need to invest initially, you start thinking about whether this is something you want in the long term. The fact is that every kind of trading money brings risks. And you should only invest what you can afford to lose. And bear in mind past performance doesn’t guarantee future results.

    While this robot appears legit, it may be a bit expensive and, according to some opinions, not a good fit for beginner traders. If you want, you can visit Bitsoft360, which claims to be great for beginners or anyone looking for a free software. Read our Bitsoft360 review to learn more.

    How does Trade Unity work?

    As per the Trade Unity website, they offer a social copy robo-trader and also forex and crypto education. A copy trading robot works by replicating the trades of an expert trader and executing them in the user’s account. This means that the robot allegedly generates the same profitability as a guru trader.

    Trade Unity vouches for its clear, innovative, and effective platform. They welcome users to trade multiple assets and instruments, claiming their platform to be efficient. They reassure users they will improve their trading and charting skills and the ability to perform in-depth price analysis. When you read something like this, you would say, “Hey, they are the perfect platform to use!” But, we didn’t have the possibility to verify such claims.

    Besides Trade Unity, there are other trading robots, such as Bitsoft360. It has been said this trading bot is more profitable than those that depend on social or copy trading.

    Who founded Trade Unity?

    It appears that Dmitriy Lavrov and Dan Avramescu founded Trade Unity. Dmitriy is an experienced trader, technical analyst, and money manager with over ten years of trading experience. Dan Avramescu, on the other hand, is a software engineer with more than eight years of experience in web-technologies.

    Furthermore, they supposedly have a support team of over ten professional traders both in the forex and the crypto industry. These traders are said to be responsible for identifying opportunities and ensuring that Trade Unity offers the best. But, we can’t say that’s true since we didn’t have an opportunity to check if these traders are real humans.

    How to open a trading account with Trade Unity

    Although Trade Unity is a bit expensive for financially constrained traders, some users still want to try it. If you are among them, we will describe how to use this platform step by step. Still, if you decide to go with another platform, you are welcome to visit Bitsoft360, a free robot with the same level of alleged profitability. However, we are going to focus on Trade Unity. If you wish to try Trade Unity, follow the next three steps.

    Step 1: Account Creation

    Visit the official Trade Unity website and choose an account type. Fill in the registration form. As mentioned earlier, Trade Unity offers three types of accounts: Starter, Basic, and Advanced. Each of these accounts requires you to deposit a certain amount of money to start trading. Read about our main Bitcoin robot if you are looking for a legit trading robot that does not charge a license fee.

    Step 2: Deposit

    After the registration, you will need to deposit a trading capital of 250 euros to access the robo-trader. It is important to note that this is your trading capital and not the cost of the robot. Also, you need to have one thing on your mind – trading can cost you time and money. Always invest the amount you can afford to lose and invest with trading bots proven legit. 

    Step 3: Live Trading

    As with almost any other trading bot, there are only two steps you need to fulfill before starting to invest. According to the Trade Unity website, you can trade and invest in currency pairs, commodities and energies, spot metals, and stocks and indices. We haven’t checked this by ourselves, so we can’t confirm if you will be safe with this trading bot. The only thing that can help you decide better is to read the online reviews

    Trade Unity: Key Features

    Payouts

    Payouts

    Trade Unity reports an average daily profit of 1,000 euros.  The minimum trading capital with this platform is 250 euros. However, traders must pay a license fee to access the trading platform.

    Verification Process

    Verification process

    The verification process with trade Unity appears to be secure and straightforward. All you need to verify is your email and phone number. They claim not to share personal data without the consent of the owner.

    Withdrawal process

    Withdrawal process

    Trade Unity is said to allow users to withdraw their money whenever they wish. The withdrawal process includes filling in a request form on the trader’s account. Trade Unity appears to facilitate transactions within 24 hours

    Cost/fees

    Costs/fees

    Trade Unity charges license fees of up to 25,000 euros, which is a lot for some. This puts it among the most expensive robots on the market today. InsideBitcoins suggests you try the free robots recommended in this review if you do not have the money to pay for the license.

    User Testimonials

    User Testimonials

    Trade Unity has a score of 2.8% on TrustPilot. Most of the reviews advise other users to stay away from this platform. We can’t agree or disagree because we didn’t have a chance to test the platform. Therefore, you need to dig a bit deeper and make a conclusion.

    Customer Service

    Customer Service

    When you start reading online reviews, you will see many unhappy former users who claim that customer service is not at the highest level. We can’t say if these reviews are to be trusted.

    Is Trade Unity legit? The Verdict!

    • Trade Unity claims to have an accuracy level of 99% – they claim their software performs accurate trades almost all the time.
    • Trade Unity appears to not have a good reputation – most people who have tried Trade Unity report making losses.

    When researching trading robots, InsideBitcoins considers several factors like reputation, transparency, customer service, and safety. According to online reviews, Trade Unity doesn’t have a great reputation or transparency. Also, customer service appears not to be in top shape. Regarding safety, Trade Unity promises to protect users’ information and not share it with third parties. The website claims for its platform to be fully secure. Is this true? Well, we can’t say for sure since we didn’t confirm it. 

    Although Trade Unity’s founders seem like forex and crypto trading gurus, the platform doesn’t seem to satisfy users’ needs.

    As per future users, we find Trade Unity expensive and not affordable to most traders. If you want to try with another bot, you can visit Bitsoft360 instead. This robot is free and claims to generate profits of up to $5k per day. Furthermore, this robot seems to be easy to use and safe. Still, don’t invest more than you can afford to lose, as trading carries risk. Always have in mind that your capital is at risk.

    • Robot
    • Rating
    • Features
    • Trade
    1
     
    The Best Choice
    • Trade Bitcoin or Altcoins
    • $250 Min Deposit
    • Accepts Credit / Debit Card
    Invest responsibly.

    Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

    Remember that all investment opportunities carry a certain risk. This especially applies to cryptocurrencies, which are still relatively young in the financial markets.

    Trade Unity Alternatives

    An alternative to using a bot is to use the copy trading feature on eToro – this FCA and CySec-regulated cryptocurrency exchange allows you to replicate the trading decisions of a winning, profitable trader of your choice, or a combination of several.

    InsideBitcoins recommends diversifying your portfolio by allocating part of your funds to a long-established, safe, and reputable platform such as eToro – never invest 100% of your cryptocurrency into one trading bot or hold it on one website, broker, or exchange. Start with a minimum deposit on any platform you use, and make a small withdrawal as a test.

    Copytrading on eToro is similar to using a bot in that you can grow your investment without having to monitor it, trade yourself or make any decisions – all buy, sell, take profit and stop-loss orders are automated.

    eToro - Automated Copytrading of Profitable Traders

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    FAQs

    Is Trade Unity Legit?

    Trade Unity claims to be legit, but we didn't have an opportunity to verify such a claim.

    How much does Trade Unity cost?

    Trade Unity requires a license fee of up to 25,000 euros to access its resource center and trading platform. We recommend that you try Digital Payday if you are looking for a free robot with similar features.

    How much should I deposit with Trade Unity?

    You need a minimum deposit of 250 euros to trade with this robot. It is important to note that this is the trading capital and not the cost of the robot. You need to pay the license fee first before depositing your trading capital.

    How much can I make with Trade Unity?

    Trade Unity claims you can make an average of 1,000 euros per day from a deposit of as little as 250 euros. They also claim that your earning potential depends on the trading sessions you choose and that the most profitable trading sessions happen during high market volatility.

    Can I withdraw my money from Trade Unity?

    According to Trade Unity, you can withdraw your money anytime. This platform seems to facilitate transactions within 24 hours. The website says they don't charge any withdrawal fees.