Pattern Trader Review – Legit Crypto Trading Platform? 

Pattern Trader claims to be a simple and user-friendly crypto trading platform that is loaded with several advanced trading features. According to the information mentioned on its website, it is an autonomous trading system that enables traders of all classes – ranging from novices and amateurs to professionals to navigate the crypto trading market with ease.

In this review, we aim to provide a detailed overview of Pattern Trader, taking a close look into its key attributes, advantages, limitations, and overall usability.

Pattern Trader Platform Overview

The primary differentiating factor that Pattern Trader claims to offer, as compared to other crypto trading tools, is its high success rate as an autonomous trading system. However, before delving into the nuances of the platform, let us take a look at some of the most important platform attributes that Pattern Trader advertises on its website.

Type of Platform Advanced Crypto Trading
Minimum Deposit $250
Claimed Success Rate 98%
Supported Cryptocurrencies Bitcoin, Dogecoin, Ethereum, XRP, Litecoin, and other stablecoins
Mobile App No 
Withdrawal or Deposit Fees Not Mentioned
Customer Service Yes

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

What is Pattern Trader?

Pattern Trader claims to be a cutting-edge auto trading bot with a proven track record of success. The platform’s website states that it employs advanced algorithms and artificial intelligence to accurately forecast crypto price movements, identify lucrative opportunities, and execute trades automatically. Moreover, Pattern Trader also presents itself as a leading automatic trading bot with a claimed success rate of 98%.

Moreover, Pattern Trader promises to optimize the process of crypto trading for users by eliminating the need to dedicate long hours to studying the market regularly. It claims to perform detailed fundamental and technical analysis to provide users with the most accurate suggestions to place effective buy and sell orders and eventually perform the transactions on their behalf.

Furthermore, Pattern Trader also advertises itself as a platform that can help users trade a variety of assets, including CFDs, Forex, Ethereum, XRP, and more. All in all, the auto-trading bot presents itself as a platform that leverages a combination of cutting-edge technology and expert guidance to help traders achieve their goals.

Who Created Pattern Trader?

Pattern Trader

The official website for Pattern Trader does not reveal the identities of the individuals or the team responsible for creating the crypto trading platform. There have been multiple speculations about the founders’ identity, but none of them are backed by any substantial evidence. In fact, there are several user testimonials listed on the website, but none of those users claim to know the brains behind Pattern Trader.

Founders’ choice to remain anonymous is not rare in the crypto industry. They often do so to protect personal security, avoid undue attention, or simply adhere to the fundamentals of decentralized anonymity that is the core of cryptocurrencies like Bitcoin.

While the lack of transparency about the identity of Pattern Trader’s founders does not come across as a surprise, we recommend users deal with caution if they plan to invest through it.

Pattern Trader – Pros and Cons

Based on our analysis, here are some pros and cons of Pattern Trader. Please note that the pros mentioned below are solely based on the information advertised on their website. While you can use these for your reference, we recommend you conduct detailed research before making any investment decision on the platform.

Prospros

  1. User-friendly trading platform
  2. Claims to assign a professional accounts manager
  3. Alleges to offer fast trading solutions
  4. Claims to have a high win rate

Conscons

  1. Requires a high minimum deposit
  2. Has a transaction fee associated with trading
  3. Questionable transparency

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

How Does Pattern Trader Work?

To get started, Pattern Trader claims to provide users with a demo account designed to help them get a hands-on understanding of the platform. Going forward, it states that it simplifies the process of monitoring and managing trades by offering a user-friendly dashboard. This centralized hub apparently enables users to efficiently oversee all your trading activities.

Pattern Trader

Using this automated trading app, users can place buy and sell orders for a variety of digital assets, and the Pattern Trader bot claims to execute these transactions automatically. Once done, traders are promised to be able to withdraw their funds and profits through methods like bank transfer, PayPal, and other e-wallet providers such as Skrill or Netteller.

Which Devices Can Access Pattern Trader?

Pattern Trader presents itself as a versatile platform that is compatible with a wide range of devices and operating systems. It claims that anyone with a browser connected to the internet can use the platform. However, while the website mentions that Pattern Trader is an app, it does not explicitly clarify whether it has a mobile application or is just a web-based app.

Pattern Trader – Supported Countries

Pattern Trader claims to be available to users across a wide range of countries. While the platform does not explicitly mention the names of the countries it operates in, its website is multi-lingual, with support for several languages like English, Dutch, Italian, Spanish, French, Portuguese, Danish, Polish, and more. Hence, we assume that the platform is available for users across Europe. However, we recommend you log into Pattern Trader and check its usability in your respective country or region.

What is the Success Rate of Pattern Trader?

Pattern Trader claims to have a high success rate of 98%. As mentioned earlier, Pattern Trader is a Bitcoin robot that enables users to automatically place and execute buy and sell orders. In that context, ensuring that 98% of the transactions achieve success is quite impressive. However, the authenticity of this claim remains to be validated. While there are several user testimonials on the website praising the efficiency of the platform, we recommend you use the demo feature and conduct thorough research before investing funds through the platform.

Pattern Trader Key Features

Pattern Trader claims to be equipped with a wide range of trading features. However, we recommend that you try out each of these features on the Pattern Trader demo version before relying on them while investing real funds. Here are some of the key features mentioned on its website.

Automated Crypto Trading

Pattern Trader claims to stand out as an effective automated trading bot with a success rate of 98%. One of the primary differentiators offered by Pattern Trader is its ability to make crypto trading accessible even to individuals without extensive technical expertise.

The platform asserts that it has harnessed powerful algorithms to enable automatic identification, trading signals, and execution of profitable trades. However, further technical information regarding the algorithms and mechanism is not explicitly mentioned on the website.

Automated Projections Powered by Advanced Algorithms and AI

Pattern Trader claims to leverage advanced algorithms and artificial intelligence to predict market trends accurately. This, if authentic, eliminates the need to spend hours on manual market analysis, as the platform automates this process, presenting users with a wealth of suggestive information regarding the profitability potential of certain trades.

Moreover, manual market predictions often carry a higher margin for error, which can lead to unforeseen losses. Pattern Trader states that it mitigates this risk by providing automated projections, enhancing your chances of capitalizing on profitable opportunities.

Dedicated Account Manager

In addition to its cutting-edge automation features, Pattern Trader claims to offer its users a dedicated account manager who ensures that they receive personalized guidance and support throughout their trading journey. While it is true that having a dedicated account manager can significantly enhance your trading strategy and decision-making, we recommend you not share sensitive financial information with any entity within the platform to ensure the security and integrity of your funds.

Is Pattern Trader a Scam?

With so many crypto trading platforms available in the market, investors are often worried about which ones are authentic and which ones are not. Hence, it is fair for investors and users to be concerned about Pattern Trader’s credibility.

The primary reason is the lack of information. The site isn’t transparent about its mode of operation or who made it. It also is not possible to independently audit this platform as it has made the minimum deposit mandatory.

However, no publicly available information hints towards Pattern Trader being a scam. However, we recommend you exercise caution while using the platform and do not invest large sums of money before being completely confident of its authenticity.

What is the Minimum Deposit on Pattern Trader?

Pattern Trader requires users to fund their trading account with a minimum deposit of $250. While this might seem to be on the higher side for some users, a mandatory minimum deposit is quite common in the crypto trading space.

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

Pattern Trader – Customer Support

Pattern Trader claims to have a 24/7 customer support team available to address user queries. Having said that, the authenticity of this claim remains to be validated. We recommend you reach out to the Pattern Trader customer support team with general queries to test their responsiveness.

How to Use Pattern Trader?

Getting started with Pattern Trader seems to be a seamless process. You may follow these steps to set up an account:

Step 1 – Register an Account

Start by visiting the official website of Pattern Trader. Here, you’ll find a registration form where you’ll need to share the following:

  • First Name
  • Last Name
  • Email Address
  • Phone Number

Pattern Trader

Please make sure that both the email and phone number provided are accurate, as they will be used for the account verification process.

Step 2 – Initiate Your Deposit

As mentioned earlier, Pattern Trader mandates an initial minimum deposit. Once you have completed Step 1, follow the on-screen instructions and fund your account with a $250 minimum deposit.

Step 3 – Start Trading

Once done, Pattern Trader claims to provide you with a dedicated account manager with whom you can share your trading preferences and start trading. The Pattern Trader app also asserts to correctly predict market movement, find good positions, and execute trades on your behalf.

Is Pattern Trader Legit – The Verdict

Pattern Trader claims to be an advanced and automated crypto trading bot with a wide range of cutting-edge tools and functionalities. Additionally, the user testimonials on its platform also portray it as an efficient and effective crypto trading app. However, beyond these testimonials, there are not many publicly available reviews that can validate it as a legitimate or scam platform. Additionally, there are other platforms with similar names that claim to provide similar services.

Hence, we recommend you exercise high levels of caution while interacting with the platform. The best option is to use the demo version of the platform to get a hold of how it functions, and then start by investing small amounts.

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

Related

FAQs

What is Pattern Trader?

How does Pattern Trader achieve a 98% success rate?

How can I monitor my trades with Pattern Trader?

Does Pattern Trader support trading in assets other than Bitcoin? 

What are the fees associated with Pattern Trader?

Eric Dunne
Editor

Eric is a highly skilled and experienced writer specialising in the Fintech domain. He is an active member of the blockchain journalism community and has released several insightful articles across multiple reputed websites consistently since 2021. His research focuses on new and innovative concepts like Web3, Metaverse, NFTs and much more. As a self-taught professional, Eric's articles manage to tackle complex topics in a way that can be understood by all types of readers. Eric graduated from the University of Delhi with a Bachelor's degree in Journalism.