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