Stellar Profit is an automated cryptocurrency trading software, which buys and sells digital currencies on behalf of its users. To use this software, you don't need to download or install any apps on your device, as it is web-based.

However, the website claims that its app is reliable in most cases. It is said that 9 out of 10 trades are closed successfully, but will this really be the case? Is Stellar Profit reliable or a scam?

We have discovered this robot online, although we have not fully analyzed it. However, we can still tell you what it offers, how the registration process works, payments, deposits and the security measures adopted by the platform, not forgetting that trading is always risky and that you should do it at your own risk.

What is Stellar Profit?

Like many other similar platforms, Stellar Profit is a cryptocurrency trading robot. This means that the software is able to buy, sell and trade digital currencies fully automatically.Is Stellar Profit a SCAM? 🥇 | Read Before You Begin - Stellar Profit 1

The beauty of all this is that those who decide to use Stellar Profit do not have to have previous knowledge in the cryptocurrency sector to be successful. All you have to do is invest a minimum deposit of € 250 and start the software. By doing so, Stellar Profit will start trading automatically on behalf of the user, through the platforms of the brokers it collaborates with to buy and sell cryptocurrencies.

Although the software seems to have all the credentials to work, not everything said on its website is 100% real. In fact, if you are told that with this software you will be able to earn more than 1000 € a day, well, this thing has to be taken a little with a grain of salt. Starting from a minimum investment, certain figures can only be reached over time and reinvesting one's profits.

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How does it work?

As for how Stellar Profit works, everything is explained in detail on the platform's website and the process seems pretty straightforward. There is no need to have any knowledge of the world of trading or cryptocurrencies, as the robot takes care of this once the initial requirement is met.

Here is a short guide to opening a new account on Stellar Profit in a few simple steps:

Account opening

As soon as you access the official website of Stellar Profit, you can immediately watch an introductory video, alongside which there is the registration form to be completed in its entirety.

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All you have to enter in the registration form is:

  • Your name
  • Last name
  • Email address
  • Choose a password
  • country of residence
  • Phone Number

At this point, all that remains is to click on Start trading to complete the account creation.

Switch to the broker

After opening a new account, you will be redirected to one of the brokerage platforms that partner with the provider, in other words, a regulated broker. The names of the brokers with whom the platform collaborates are not indicated on the Stellar Profit website, but we can confirm that it will always and in any case be a brokerage company that has a regular license in the country of residence of the new member.

What is certain is that the broker will always ask you to go through a process known as Know Your Customer. This means that it will be necessary to send electronically a clearly visible and clear copy of your passport or driving license to verify the identity of the newly registered user.

Deposit of funds

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At this point it will be necessary to make the first deposit of the capital to be invested. The brokers who collaborate with the platform accept a minimum amount of € 250. As for the supported payment methods, Stellar Profit ensures that there will always be the choice between debit / credit card or bank transfer.

Test account

Once the trading capital has been deposited, Stellar Profit suggests (and so do we) to practice the demo mode. Although Stellar Profit is a safe and reliable platform, the risks associated with investing in cryptocurrencies cannot be completely eliminated, due to the high volatility of this asset.

For this reason, we also recommend that you only invest money that you can afford to lose. By doing so, it will be possible to practice with the platform, without having to risk a single cent of your capital.

However, even in demo mode there won't be much for the user to do. That is to say, that once you start the software in demo mode, although it operates on live markets, it will do so through the demo account of the chosen broker.

Live trading

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According to reports from the Stellar Profit website, the final stage of the bitcoin investment process involves opening a live session. This means that the user is required to click on the Live Trading button once the necessary demo experience has been accumulated.

At this point the robot will have access to your trading capital to start making investments. Therefore, at this point only two things can happen: the investment will be successful and the user will make a profit (9 times out of 10) or, the investment will be closed at a loss.

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Alleged success rate of Stellar Profit

At this point, let's analyze how this platform became successful and what people say about it on the internet. In a nutshell, in the course of our investigation, we came across the testimonies of many online users, which in some cases seemed to us at least questionable.

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According to the creators of Stellar Profit, this robot has a success rate of more than 90%, which means that out of 10 trades, in most cases 9 are closed with the plus sign.

In theory, this means that if the robot uses a classic risk / reward ratio of 1: 3, this would translate into a profit of 3% for the 9 trades closed with a plus sign, while the last one would return a loss of 1. %.

As mentioned earlier however, we also came across testimonials from customers who have used the software in the past. Most of these testimonials are in foreign languages, but it is quite easy to understand what is being said. Some claim to have even become millionaires within a year. Should we believe it? Considering that bitcoin has more than doubled its value in recent months, the only thing we can say is that: nothing is impossible.

However, it must be remembered that everyone must conduct their trading operations at their own risk, as nothing and no one can ever guarantee success, even using the best platform in the world.

How much does Stellar Profit cost?

It costs nothing to use Stellar Profit trading software, thanks to the agreements the provider has closed with partner brokers. Also, no transaction fees or deposits / withdrawals are charged. However, the platform reveals that it may consider introducing a one-time fee to be paid before using its services.

Is Stellar Profit a scam?

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Taking into account what has been said so far, it remains to be understood whether this platform is a scam or a reliable robot with which to invest your time and money.

The main problem here is that, as with most automated trading systems, there are both positive and negative reviews in the public domain online. Therefore, the only way to really know whether or not you can trust the claims of the provider and users, is to use it on your own.

But remember that it should be done knowing all the risks associated with investing in cryptocurrencies. After all, there is still a chance that you can end the trading day with less than you started.

Stellar Profit on desktop and mobile app

Stellar Profit is only available via the website, through any browser. Therefore, there is no software to download or install on your device. Simply register, the minimum deposit and that's it: the robot will start earning profits on your behalf from day one.

With all of this in mind, it remains to understand how other specific features work, such as what concerns the user's brokerage funds. As explained above, this platform redirects you to the site of a partner broker. However, for the robot to trade on behalf of the user, it normally has to go through a third party platform such as MetaTrader4.Is Stellar Profit a SCAM? 🥇 | Read Before You Begin - Stellar Profit 6

This then allows you to maintain full control of the robot, how to limit the leverage and size of each trade, as well as schedule goals such as stop loss and take profit. But since everything is facilitated by the Stellar Profit website, we don't actually know how the robot accesses your trading capital.

It is therefore likely that Stellar Profit will send you all the details on how to perform the robot setup, once the registration process is complete.

Deposits and withdrawals on Stellar Profit

As mentioned above, the deposit will be processed through a brokerage firm that works with the provider. Stellar Profit notes that it will always be possible to choose between debit / credit card or a bank transfer as a payment method.

As for withdrawals, these are not explained in depth on the provider's website, as it is always the broker who takes care of them at the forefront. However, if you have direct access to your brokerage account, you should theoretically be able to make a withdrawal request whenever you see fit.

What is the minimum deposit?

Thanks to the agreements that Stellar Profit has made with the brokers it collaborates with, a minimum deposit of € 250 is offered. This is probably one of the best offers on the web to enter a complicated market such as cryptocurrency trading.

How to use Stellar Profit

We have already talked about the registration process at Stellar Profit in this guide, but for those who want a brief summary of the whole process, you can take a look at the steps described below.

  1. Open a new account by entering your basic information and choosing a secure password
  2. After being redirected to the broker's site, upload a copy of your ID
  3. Make a minimum deposit of € 250
  4. Try the Stellar Profit software in "demo mode"
  5. Once the practice is finished, start the robot in "live mode"

Our verdict

If all of what we have said in this guide has piqued your attention about Stellar Profit, then you can get started right away by opening a new account.

Just remember that cryptocurrency trading is risky in any case and with any platform, including Stellar Profit and therefore, it only risks money that you can afford to lose.

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FAQ

Is Stellar Profit reliable?

It is difficult to know for sure if Stellar Profit is reliable or not, for this reason we invite all users to trade knowing that they do so at their own risk.

How much should I invest with Stellar Profit?

Stellar Profit accepts minimum deposits starting from 250 €. This deposit will be made through the website of the brokerage company associated with the user at the time of registration.

What payment methods does Stellar Profit support?

Once redirected to the online broker Stellar Profit asks you to join, you can make a deposit with a debit / credit card or bank transfer.