- < 1ms Fast Trade Executions
- Automated Client-to-Broker Pairing
- Supports Altcoins & Exotic Crypto Pairs
- No Mobile App
- Sign Up Process & Getting Started 4.9/5
- Deposits & Withdrawals 4.6/5
- Ways To Trade & Assets 4.7/5
- Security And Regulation 4.5/5
- Customer Support 4.8/5
What Is Prime Advantage?
Prime Advantage is a highly advanced and sophisticated automated cryptocurrency trading robot that utilises cutting-edge technology, AI, and mathematical algorithms to analyse the crypto market 24/7. It is a powerful tool for both new and experienced traders. This legit trading bot simplifies the trading experience by eliminating the need for manual trading. It offers a user-friendly interface and has a high success rate, making it suitable for traders of all levels.
Prime Advantage has been designed to be profitable and provides a range of features such as a free demo account, quick deposits and withdrawals, and 24/7 customer support. It ensures security and regulation by partnering with licensed brokers and has SSL certification. With its advanced AI capabilities, Prime Advantage stands out from other trading software and offers a reliable and efficient solution for trading cryptocurrencies.
Type: AI Trading Software Profit Close Rate: 85%+ Registration: Free (With Verification) Verification: Under 10 Minutes Initial Deposit: EUR 250 Regulatory Body: CySEC (Liquidity) Withdrawal Time: 24 Hours Automated Trading: Yes Order Execution Time: Less than 1ms User Data Encryption: Yes (AES 256-bit)
How We Reviewed Prime Advantage
At Coin Insider, we have a rigorous process in place to ensure that we deliver the most comprehensive and informed review of Prime Advantage to our readers. Our assessment begins with thorough research on Prime Advantage prior to conducting the actual testing. We then proceed to test Prime Advantage and meticulously document our findings. These findings are then presented in a detailed report, which forms the basis of our Prime Advantage review. To ensure that our readers have access to the most up-to-date information, both the report and the review undergo regular review and updates. We strive to provide you with the latest insights into this trading system, enabling you to make well-informed decisions. In order for us to give the most educated review on Prime Advantage, we conduct a series of tests against a set of standards that we’ve developed over the years of testing crypto trading bots.
In order to conduct a thorough evaluation of the trading application, an in-depth analysis was performed on various aspects such as:
- Registration process
- Brokers and account management
- Minimum deposit and reinvestment
- Withdrawal and financial management
- Account monitoring and trading features
How Does Prime Advantage Work?
As I mentioned above, the Prime Advantage system is a cutting-edge trading platform that monitors the crypto market for data, gathers that data, and uses it to implement calculated, informed trading strategies on your behalf. When you have finished using your demo account and feel comfortable to live trade, the algorithm will begin to trade on your behalf.
Prime Advantage is a trading application designed for new traders in the cryptocurrency market. It provides inexperienced traders with the opportunity to make their first investment.
The application operates on a fully automated system, allowing traders to continue their regular jobs while building their financial portfolios.
What We Rated Prime Advantage Now?
Sign-up process 4.9/5
To sign up for Prime Advantage, potential traders can complete the registration and account verification process in less than 20 minutes. This process is designed to be efficient and user-friendly, allowing traders to quickly gain access to the platform.
Once the registration and verification steps are completed, traders can start exploring the features and functionalities of the Prime Advantage platform and begin their trading journey in the cryptocurrency market.
Deposits and withdrawals 4.6/5
Deposits and withdrawals can be made easily on the Prime Advantage platform, providing traders with the flexibility to manage their trading capital effectively.
The platform offers a seamless process for depositing funds into the trading account. Traders can choose from various payment methods, including bank transfers and digital wallets, to make their deposits. The platform ensures the security of these transactions through robust encryption protocols.
Similarly, withdrawals are also straightforward and can be initiated by the trader whenever desired. The funds are typically transferred to the trader’s designated bank account or wallet within a reasonable timeframe.
Available assets and ways to trade 4.7/5
The trading platform of Prime Advantage offers a wide range of assets and multiple trading options for traders to diversify their investment portfolios and engage in various trading strategies. Traders can choose from a variety of assets, including cryptocurrencies, stocks, commodities, and indices.
The platform provides access to global markets, allowing traders to take advantage of market opportunities around the clock. In addition to traditional spot trading, Prime Advantage also offers leveraged trading, enabling traders to amplify their potential profits. Traders can also utilise advanced trading features such as stop-loss and take-profit orders to manage their risk and optimise their trading outcomes.
Customer service 4.8/5
In the case of Prime Advantage, customer service plays a crucial role in assisting traders with any queries or issues they may encounter. The platform offers a team of knowledgeable and experienced customer service representatives who are available to provide assistance and guidance.
Traders can reach out to customer service through multiple channels, including phone, email, and live chat. The customer service team is known for their professionalism, responsiveness, and ability to address concerns promptly.
They strive to ensure that traders have a positive and smooth experience on the platform by providing timely and accurate information, resolving any technical difficulties, and offering guidance on various trading-related matters.
Security and regulation 4.5/5
Security and regulation are key considerations for traders in the cryptocurrency market, ensuring that their investments are protected and compliant with relevant laws and regulations.
The decentralised and unregulated nature of cryptocurrencies makes them susceptible to various security risks, such as hacking and fraud. To mitigate these risks, traders need to employ robust security measures, including the use of strong passwords, two-factor authentication, and secure wallets.
Additionally, regulatory compliance is crucial to ensure that traders are operating within the legal framework and are not engaging in illegal activities, such as money laundering or terrorist financing. Traders should carefully assess the regulatory environment and choose platforms and exchanges that adhere to strict compliance standards.
Prime Advantage Pros & Cons
Pros Cons Licensed CySec Brokers No Social Trading Features Not Available In All Countries Friendly & Efficient Account Brokers 24/5 Broker Support Trades & Operates 24/7 FINRA-rated Brokers
Is Prime Advantage a Scam or Legit?
As technology is evolving at such a rapid pace, you will be faced with so many options when trying to find a suitable crypto trading platform that meets your needs. All these different trading platforms can be overwhelming and it can be even more daunting to actually choose which one to put your faith to trade for you. You might be wondering – is Prime Advantage a scam or legit? We can confirm that Prime Advantage is a safe and legitimate trading platform and not a scam.
It’s understandable that with the number of scams out there, it can be tricky to know who you can trust and who is a scam. When it comes to Prime Advantage you can be assured that you are in dealing with legitimate trading software. Prime Advantage has partnered with CySEC licensed brokers to help manage your account and help you navigate your way through trading in the volatile cryptocurrency market. Your safety is a big priority, and for this reason, your personal information is protected by an SSL certificate on this trading system.
Even when the trading is being done on your behalf, dealing with cryptocurrencies may be somewhat scary for a new trader. It’s only natural for you to have numerous questions or concerns, which is why Prime Advantage has a customer service centre that operates 24/7 to make sure your requirements are met at all times and you are never left in the dark.
In addition to this, there are lots of online testimonials of users who have been satisfied with Prime Advantage trading and the profits it has made for them. The rest of this Prime Advantage review will touch on other aspects that add to the legitimacy of this product.
Best Features and Differentiators
With its intuitive design and seamless navigation, the user-friendly interface of Prime Advantage facilitates efficient trading for both experienced and novice cryptocurrency traders. The platform’s interface is designed to be easily understood and navigated, allowing users to quickly access the necessary tools and information for trading.
The intuitive design ensures that users can easily execute trades, monitor their accounts, and make informed decisions. The platform provides a clear and organised layout, with well-defined sections for different trading activities.
Additionally, Prime Advantage offers a range of educational resources and tutorials to help novice traders understand the platform and the cryptocurrency market.
Place Trades Simultaneously
This feature allows traders to execute multiple trades at once, enabling them to take advantage of various market opportunities in real time. By placing trades simultaneously, users can diversify their investment portfolio and potentially maximise their profits.
This feature is particularly beneficial for active traders who closely monitor the market and seek to capitalise on short-term price fluctuations. Furthermore, the simultaneous trade placement feature enhances the efficiency of trading activities, as it eliminates the need for manual execution of each trade individually.
Emotion-free trading is facilitated by the user-friendly interface of Prime Advantage, allowing traders to make rational decisions based on market trends and indicators rather than being influenced by emotional factors.
The platform’s intuitive design and layout provide easy access to essential trading tools and information, enabling traders to analyse market data objectively. By removing emotional biases from the trading process, Prime Advantage enhances the ability to execute trades based on logic and strategy.
No Licensing Cost
The absence of licensing costs makes the trading platform accessible to a wide range of traders, regardless of their financial resources. This means that individuals with limited funds can also participate in trading activities without the burden of additional expenses.
The automated trading application leverages advanced algorithms and market analysis to identify potentially profitable trading opportunities. The software’s efficiency and accuracy are purported to enable users to generate significant returns on their investments.
Trade Multiple Cryptocurrencies
Trade Multiple Cryptocurrencies on the Prime Advantage platform allows traders to diversify their investment portfolio and take advantage of various opportunities in the cryptocurrency market. By offering access to a wide range of cryptocurrencies, the platform enables traders to spread their investments across different digital assets.
SSL certification is a crucial aspect of online platforms, ensuring secure and encrypted communication between users and the website. SSL, or Secure Sockets Layer, is a protocol that establishes a secure connection between a user’s web browser and a website. It encrypts the data transmitted between the user and the website, making it difficult for unauthorised individuals to intercept and decipher the information.
Speedy withdrawals are an important feature for traders as it allows them to access their earnings quickly and efficiently. Prime Advantage recognises the significance of this feature and ensures that traders can withdraw their earnings promptly. This enables traders to have immediate access to their funds, which is crucial in the fast-paced cryptocurrency market.
With speedy withdrawals, traders can make timely decisions regarding their earnings, such as reinvesting or managing their financial resources effectively. Prime Advantage understands the importance of providing a seamless and efficient withdrawal process to enhance the overall trading experience for its users.
Customer Support Department
The Customer Support Department of the trading application ensures that traders receive prompt assistance and guidance for any inquiries or issues they may encounter during their trading experience. This department plays a crucial role in maintaining customer satisfaction and resolving any concerns that traders may have.
Demo trading feature
The demo trading feature allows traders to practise trading strategies without risking their own capital. It serves as a valuable tool for inexperienced traders to gain hands-on experience in the cryptocurrency market.
Through the demo trading feature, traders can simulate real-time trading scenarios and test various strategies to assess their effectiveness. This feature provides a risk-free environment for traders to understand market dynamics and improve their decision-making skills.
Register With Prime Advantage
The account setup process for Prime Advantage was seamless and fast. Below is a step-by-step guide to creating your personal Prime Advantage account. We’ve managed to team up with Prime Advantage so you can register your interest directly from Coin Insider to get access to your demo account. I was impressed by how effortless and user-friendly the account setup process was. The platform provided clear instructions and guided me through each step, ensuring a smooth registration process. It only took about 20 minutes of my time.
1. Registration Form
First, you’ll need to fill in a registration form found below, with your basic information. It is important to make sure you fill in the correct info as there is a verification process in place for your safety.
2. Initial Deposit
Next, you will need to make a deposit. You will need to make a minimum deposit of 250 Euros to get your account started and running. Remember, this minimum deposit will also act as your capital and will be used to make your first trades with Prime Advantage.
3. Demo and Live Trading
Once you have made your minimum deposit, You will be provided with a demo account to get the hang of trading and how the product works. Once you are familiar with the demo account and you feel ready, you can move on to auto-trading with the trading bot and start gaining some profits.
Tips for Making the Most of Prime Advantage
If used properly, Prime Advantage‘s technology can make your life much easier when it comes to cryptocurrency trading. There are a lot of Prime Advantage pros to consider when choosing your trading tool of choice. Here is some advice to help you optimise your experience when using Prime Advantage.
Utilise Your Account Broker
Prime Advantage has partnered up with CySEC-licensed brokers to ensure you get the best support for your account. Your broker’s knowledge is a great resource to help you set up and maintain your account with Prime Advantage to ensure the best possible experience when you trade.
Invest The Minimum At First
A 250 EUR minimum deposit is required to start trading with Prime Advantage. This initial deposit will also act as your capital and will be used to make your first trades with Prime Advantage.
Withdraw Your Profits Regularly
It would be beneficial to keep in mind that your profits generated by Prime Advantage should be withdrawn on a regular basis. Profits can be withdrawn into your bank account or transferred to another digital wallet of your choice.
Spend 20 Minutes On Your Account Daily
Prime Advantage is pretty low maintenance, but it works best when you spend 2o minutes or so a day on your account to monitor activity and to stay on top of what is happening with your account.
When trading with Prime Advantage, it is your responsibility to trade responsibly and only invest additional money that you have at your disposal, you should never invest money that you are reliant on due to the unpredictable nature of the crypto market.
Keep Track Of Your Transactions
Your account statements can be downloaded directly from your Prime Advantage account. As you start making profits, you could be liable to pay taxes on these profits and for that, you will require these documents so it is important to download your transactions regularly.
How Crypto and Prime Advantage Have Evolved
|0.1 Alpha||07/06/2019||Pilot Program of Prime Advantage|
|0.4||02/04/2020||24/7 Customer Care Department Opened|
|1.6||22/09/2020||Open Registration. First Crypto/Crypto trading pairs introduced|
|1.9||05/01/2021||Further addition of trading pairs including USDT pairs|
|2.0 Beta||11/07/2021||Inclusion of AI and API access for traders|
|2.9||04/09/2021||Beta 2 Programme|
|3.4||23/01/2022||Demo account feature introduced. Fiat onboarding added – Visa, MasterCard|
|3.9||08/02/2022||Forex and Stocks added|
|4.1||24/03/2022||CFD, Leverage and Margin Trading Introduction|
|4.9||19/09/2022||CySEC Licensing acquired|
Having participated in testing the growth of Prime Advantage, I can recount the journey through its various versions. The project launched with the 0.1 Alpha release on June 7, 2019, heralding the commencement of the Pilot Program for Prime Advantage. The evolution was swift and purposeful, with version 0.4 on April 2, 2020, marking a pivotal moment as the 24/7 Customer Care Department swung its doors open, embodying Prime Advantage‘s commitment to user support. The transition to version 1.6 on September 22, 2020, brought Open Registration, accompanied by the exciting introduction of the First Crypto/Crypto trading pairs, creating ripples of anticipation in the crypto community. Steadfast on its growth path, Prime Advantage unfurled version 1.9 on January 5, 2021, extending its offerings with the addition of trading pairs, now including the widely sought-after USDT pairs. A significant stride was achieved with version 2.0 Beta on July 11, 2021, as Prime Advantage embraced the inclusion of AI and API access, demonstrating its proactive stance in integrating advanced technologies. The journey continued with version 2.9 on September 4, 2021, when Prime Advantage launched its Beta 2 Programme, enhancing user experiences based on feedback from the first beta phase. The platform’s commitment to user empowerment was evident as version 3.4 was unveiled on January 23, 2022, introducing the eagerly awaited Demo account feature and streamlining Fiat onboarding through Visa and MasterCard. Reflecting its adaptability, version 3.9 on February 8, 2022, saw the integration of Forex and Stocks, expanding the asset portfolio. Version 4.1 on March 24, 2022, epitomised Prime Advantage‘s comprehensive approach by introducing CFD, Leverage, and Margin Trading, opening new avenues for traders. The crescendo of achievements reached a pinnacle with version 4.9 on September 19, 2022, as Prime Advantage proudly acquired the CySEC Licensing, a testament to its regulatory compliance and industry credibility.
Celebrities and Cryptocurrencies
Founder of Amazon, Jeff Bezos has hinted at the idea of incorporating crypto payments into the Amazon empire, however, he does not endorse Prime Advantage. Although Elon Musk is a popular celebrity in the crypto news sphere, he is also not affiliated with Prime Advantage.
Conclusion on Prime Advantage
Prime Advantage is a trading application that aims to assist new traders in the cryptocurrency market. It offers expert guidance, an automated platform, and access to experienced brokers.
The registration process is quick and free, and traders are recommended to start with a minimum deposit. The review in 2023 will determine whether Prime Advantage is a scam or a legitimate platform.
It is important for traders to monitor their accounts, withdraw earnings, and make informed decisions about reinvesting.
Prime Advantage provides a 24/7 trading platform to accommodate the market’s operating hours.
Alternatives To Prime Advantage
Having substantial expertise in reviewing and testing various platforms, Coin Insider has rigorously examined Prime Advantage, and we are pleased to declare that it has exceeded our expectations on numerous fronts.
A distinctive highlight of Prime Advantage is its 24/7 customer support department, which renders it an outstanding choice for novice traders who might require assistance at any point during their cryptocurrency trading journey. Furthermore, Prime Advantage offers traders the flexibility to engage in transactions involving a wide array of cryptocurrencies, encompassing both popular and lesser-known coins.
Prime Advantage boasts an impressive array of features tailored to enhance your trading experience by maximising efficiency and convenience. If you still find yourself uncertain about opting for Prime Advantage as your preferred tool, we can suggest several other trading platforms such as Trader AI, Immediate Thorenext, and Bitcoin iFex 360 Ai.