WunderTrading platform is developed to automate your crypto trading. You can copy the most trustworthy professional traders and trade using an advanced trading terminal. TradingView allows you to develop completely automated bots compatible with several exchanges like Binance, Huobi, FTX, etc. There are several subscription tiers available, including a free trial. So lets us determine whether it is appropriate for your needs. Let us evaluate its features, services, pricing, commissions, security, and performance.
About WunderTrading
WunderTrading provides fully automated crypto bots with built-in strategies. You can manage all your exchange accounts from a single place. According to the website, more than 50 thousand users trade on the system with more than 10,000 available algorithms and a $390 million+ monthly volume.
WunderTrading crypto trading bot: how does it work?
WunderTrading Bot employs an automated strategy that uses specified conditions or trade signals. The game plan is coded within the AI of the platform. It requires a minimum of $10 balance to start.
How to set up WunderTrading?
Traders can set up their trading bots in the following steps:
- Set up an account with your email and password
- Link your exchange account (API)
- Create a new bot from the list
- Configure the settings of your algorithm as you like
- Connect a TradingView alert to your WunderTrading bot. The type of trading script will determine the automation procedure
- Launch the bot and start trading
Key takeaways
The following are some significant features of WunderTrading:
- Multiple order entry options, limit orders, partial take profit and stop loss orders, etc., are utilized
- It offers copy trading, enabling you to mirror the entry/exit signals and setups of professionals
- A variety of payment methods, including credit/debit cards, PayPal, Apple Pay, and crypto
- It is a trading platform built on the cloud
- Using a spread trading interface, you can construct a spread between many assets on the same exchange
- You may add many APIs to your account with just one click and start trading on them all at once
User interface
The dashboard has all the required features, and the user interface is simple. English, Turkish, Hindi, and other languages are available.
Trading strategy behind WunderTrading
Trading strategies at WunderTrading is of two types: Long and short. The platform includes the following strategies:
- Dollar-cost averaging (DCA)
- Scalping
- MACD
- Relative strength index (RSI), etc.
Other than this, traders can also build custom algorithms on TradingView and trade accordingly.
How profitable is WunderTrading?
We cannot examine its drawdown and win rate because the trading records or backtesting results are not disclosed anywhere on its website. There is no guarantee of profit, which depends on your settings and market conditions.
Safety and security of WunderTrading
WunderTrading does not keep any fiat or cryptocurrency assets. Your funds remain in your active account. You can enable two-factor authentication as an additional security measure, and your funds will remain in your crypto wallet.
Customer support
Customer support is offered through various channels, including live chat, an extensive help center, and tutorials. Social media groups like Telegram, Discord, etc., host the user community.
79 customer reviews for WunderTrading have a 3.9/5 rating on the reputable third-party website TrustPilot. A trader advises against using trading view bots.
Reputation
Established in 2018, It is a product of Wunderbit, a financial technology (fintech) company. The physical address is Männimäe, Pudisoo küla, 11282740, Kuusalu vald, Harju maakond Estonia.
Several media platforms like Forbes, coindoo, etc., cover this trading platform.
Team members
The website fails to provide the names of team members behind WunderTrading.
WunderTrading exchanges list
WunderTrading supports the following exchanges:
- Binance
- Binance Futures
- FTX
- FTX US
- Bybit
- Kucoin
- Deribit
- OKX
- Coinbase Pro
- Huobi
- HitBTC
- Bitpanda pro
- Bittrex
- Bitmex
WunderTrading pricing: is it worth your money?
WunderTrading offers four subscription plans in 1, 3, or 6 months and annual packages with discounts. Each offer is included below with its given features and tools.
- Free: $0 fees/month
- Basic: $44.95/month, $1 fees/month
- Pro: $24.95 /month, $1 fees/month
- Premium: $44.95/month, $1 fees/month
WunderTrading review: upsides and downsides
The following table summarizes the benefits and drawbacks of WunderTrading.
Upsides | Downsides |
It offers a free plan with limited features. | It does not offer a refund policy. |
Tracks your portfolio and trading activities. | The developer is not transparent on their portfolio |
No live records. |
WunderTrading review: final remarks
WunderTrading does not provide refunds and charges a monthly fee in addition to a fixed commission. The lack of transparency on the development team raises questions about the platform’s trustworthiness. We cannot examine the drawdown and win rate based as there is no performance data.
- Score: 5/10
- Features: 4/10
- Pricing: 3/10
- Vendor transparency: 4/10
- Ease of use: 6/10