Yet another self-proclaimed #1 Bitcoin trading bot called Profit Trailer has hit our desk. You can read all about what we uncovered in our Profit Trailer App Review.
If you have already lost your money with this viral Bitcoin scam, please contact us immediately. We can advise you on how to reclaim your money.
Make sure to send us a message or post in the comments below if you are currently working with this site and what your results are! Your personal reviews help make our site more informative and will help warn others!
Profit Trailer Review
One of the first pages we visit on any new review is the “about us” section. In this case, there is a distinct lack of any clear information about the company or about their services, and within just two clicks we are already finding broken logo images and links.
Back to the about us page, their claim is “ProfitTrailer was started in September 8th 2017 and has taken the Cryptocurrency community by storm.” – This being said we were unable to find any prior history before 2018 of any activity, or that many traders are actually using their services.
What is Profit Trailer Scam?
Profit Trailer offers smart cryptocurrency trading bots. It gives the ability to automatically trade using different exchanges using various robot systems. The program has a technical analysis focus and provides both buy and sell strategies for crypto trading only. Their motto is to make money while you sleep, by letting their robots run freely on your funds and accounts.
Inside the site is a wiki page link, which takes us to an educational section. In this area we can see basic and advanced connection and set up instructions. From generating your first set of API keys to link to your exchange account, to more intermediate function building and set up for your portfolios.
An interesting section here is the “Minimum Requirements” area. Here we are told that “ProfitTrailer is not hard. It requires you to be able to type in commands into a text-based command window, move files around, download and run new programs on your computer, edit files in a basic text editor, and do other things that are not “graphical” in nature.
If you are a “Point and Click” type of person, you might want to look for some help with the installation before you forge headlong into this adventure.” – With this in mind, we cannot recommend to anyone this service if you cannot confidently control things to the level of let’s say a junior back end developer.
Sadly this means that many new traders or simply those that don’t understand command files/programming will not be able to confidently pick up these services and start using them.
Who Created Profit Trailer?
Unfortunately, there is zero team information. No LinkedIn accounts, names, faces, contact numbers, simply nothing there. The only information we have is a strange looking Holland address on the “about us” page that seems disconnected to the business itself.
The domain servers are private and we have no way of verifying the true business owner and people behind the company. This means that this company may indeed be a bad scam, or a place that you simply should not trust with your funds.
How do I use Profit Trailer?
When on the Profit trailer website, click register and fill in your email. Their system then waits for you to confirm the new account. Unfortunately, in this very confirmation email, we have broken images and links again.
How much does Profit Trailer Scam cost?
Once you have gotten around the broken link confirmation email you can get back to their website and click shop. In the shop you have a whole selection of various trading robots, each with only the most minimal amount of information or description.
When you do click into any of the products you are told in red that you “must have a profit trailer license” to use the product. Before we can put our funds at risks using these unknown robot packages, we first need to pay a substantial chunk of funds just for using them.
The cost is either a lifetime payment of almost 1000 Euros or heavy monthly subscription payments if you don’t want the lifetime package.
Each license offer brings more or less basic functions and ability to customize your set up and use of their system and software. Once you get paid up for this “license” you can now start picking, choosing and paying directly for any of the available “robot traders” in the shop area.
Here we can see a menu of various services, again with limited information, and ranging in a price zone from a few thousand euros to a few hundred, certainly not cheap. Also annoyingly we cannot seem to gain any real service based information relating to these robot trading services. Perhaps we need to wait for a call from their sales team to be told what to think there.
Are there any real reviews for Profit Trailer Scam?
There were plenty of forum posts, google review pages and clearly paid for advertisements relating to reviewing Profit Trailer. The majority of forum reviews that we found were not too impressed with the relative performance of the systems. In general, most people were a little confused as to why it was so expensive.
So many different licenses are needed to be purchased separately. Due to the high number of clear fake, (paid for promoted reviews), it is hard to understand if there are many out there that are unhappy with their service or systems. For now, we simply saw a clear distinct lack of many genuine customer reviews or even simple positive reviews.
For a company that states it is the worlds most popular, we found that pretty strange.
Proof of Profitable Trading with Profit Trailer?
We have zero proof of profitability and of course zero proof that clients have been able to withdraw funds or gain refunds from this service if they are not satisfied. Profit Trailer Scam offers no prior record of any performance from any of the trading robot services in the shop. There is no price comparison between services to truly understand the value of one next to another.
There is a big lack of seriousness in the information provided relating to potential results and what to expect. This is not something at this time we can recommend. We are unable to prove that it isn’t just one big ugly scam.
The Best Trading Software of 2019
If you are serious about trading cryptocurrency, you need to read our EndoTech Review. This software is the best trading software of 2019, and should only be used by people who are serious about trading long term.
Is Profit Trailer a Scam?
Our opinion is that Profit Trailer is a scam. This is due to the lack of clear company and staff contact information. Profit Trailer also lacks any proven performance and a lack of any licensing and regulation. They will most likely stay in business until enough negative reviews over time push them out of business.