Prowatix App is an automated trading bot in the cryptocurrency market. Our detailed review of Prowatix App investigates if it’s a legit platform or a scam. We examine the software’s claims of high accuracy, explore how it functions, and review customer feedback to help you decide if it is the right choice for you.
We are aware of websites using false celebrity endorsements to promote unregulated brokers or call centers. Our platform only partners with those who provide the necessary regulatory assurances. This is a marketing offer, and our regulated partners will outline their services during registration.
Based on our research, Prowatix App seems to be a legit trading robot. We test every crypto robot thoroughly and only recommend platforms that appear trustworthy. Our findings suggest that Prowatix App is a genuine bot. You can sign up for a free trial to test the software yourself. Once you do, an account manager will contact you to guide you on setting up the bot.
What is Prowatix App?
Prowatix App is a cryptocurrency trading bot that uses artificial intelligence and advanced algorithms to generate trading signals. It identifies potentially profitable trading opportunities for the bot to execute.
Prowatix App also allows users to create custom automated trading strategies by setting specific parameters. Once these criteria are met, the bot executes trades on your behalf.
Pros & Cons of Prowatix App
Pros:
- Offers leveraged trading
- Advanced tools like AI
- Data secured with SSL encryption
Cons:
- Misleading information
- Unverified testimonials
- Lack of information about the team behind the platform
Can I open an account with Prowatix App?
As the cryptocurrency space evolves, so do the laws surrounding it. The legality of using Prowatix App depends on local regulations regarding cryptocurrency trading. The app is legal in several countries, including, United States, United Kingdom, European Union, Australia, Canada, India, South Africa.
Prowatix App Summary
| Feature | Prowatix App |
|---|---|
| Supported cryptocurrencies | BTC, ETH, LTC, XRP, BCH |
| Fees | Sign up: None, Trading: 2% |
| Success Rate | 88% |
| Minimum Deposit | $250 |
| Mobile App | No |
| Withdrawal Speed | 24-48 hours |
| Demo Account | Yes |
| Leverage | 1:1000 |
| Customer Support | Yes |
| Verification Required | Yes |
How does Prowatix App work?
Prowatix App works by scanning the cryptocurrency market for profitable trading opportunities. It then sends these signals to a partnered broker through an API, which automatically executes the trade.
The platform is designed to be customizable, allowing users to set their preferred trading parameters based on market analysis and risk tolerance.
Prowatix App works with regulated brokers, which provide margin trading for digital currencies. The brokers handle the usual account management functions, including deposits, withdrawals, and trade execution.
Visit Prowatix App and create an account.
What assets and products can be traded on Prowatix App?
Prowatix App supports trading in various cryptocurrencies, including:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Ripple (XRP)
- Bitcoin Cash (BCH)
How much does Prowatix App cost to use?
To use Prowatix App, you must deposit a minimum of $250. There are no fees to sign up or create an account with the platform.
Additionally, research indicates that there may be a 2% commission fee for each trade executed via Prowatix App.
What payment methods are accepted by Prowatix App?
Prowatix App accepts multiple payment methods for depositing funds. These include:
- Bank transfer
- Credit card
- Debit card
- Skrill
- Neteller
- Webmoney
- Bitcoin
Is there an app for Prowatix App on mobile and laptop computers?
Prowatix App does not offer a dedicated app. However, it is accessible through web browsers on various devices. You can use the platform on:
- Mobile phones
- Tablets
- Laptops
- Desktops
Visit Prowatix App and create an account.
Key Features of Prowatix App
Prowatix App has several unique features that set it apart from its competitors:
- Trade Forex and Other Assets: Prowatix App primarily focuses on cryptocurrency trading but also supports forex and stock trading, making it versatile for a variety of market types.
- Free Withdrawals: Unlike many trading bots that charge withdrawal fees, Prowatix App does not charge anything for taking your profits out.
- Leverage: You can trade with leverage of up to 1:1000, meaning for every $1 you deposit, you can trade with $1000. This offers a chance to magnify your potential profits, but remember that leverage can also amplify losses.
How do I get paid? What about payouts?
Withdrawals are processed directly through the broker, not Prowatix App itself. To withdraw, you’ll need to request the transaction from the trading dashboard. Your funds will be credited to your bank account within 24-48 hours.
What is Prowatix App’s customer service like?
Prowatix App provides 24/7 customer support via live chat, phone, and email. However, the support team is only available after registration, not before.
Visit Prowatix App and create an account.
Safety and Security
Is Prowatix App safe to use?
Prowatix App seems safe, but we found that testimonials about users making huge profits quickly might be exaggerated. Additionally, we discovered several rumors about famous personalities endorsing the platform. These rumors are part of marketing strategies and are untrue.
Is Prowatix App regulated?
Prowatix App itself is not regulated. Since it connects with regulated brokers, the bot itself does not require regulatory oversight. Many of its partner brokers are regulated under the CySEC (Cyprus Securities and Exchange Commission), which ensures a level of legitimacy.
Is my money protected on Prowatix App?
When using Prowatix App, you are required to trade through partner brokers that are regulated in Europe. These brokers offer compensation schemes, meaning your funds are protected up to €20,000 in case of issues.
Who owns Prowatix App?
The official Prowatix App website does not reveal the ownership details. However, external sources indicate that a team of financial experts developed the platform. This anonymity is common in the crypto space, where privacy is highly valued.
What is the registration and verification process?
Creating an account with Prowatix App is straightforward and takes around 30 minutes. You’ll need to provide basic information such as your name, email address, and phone number. After registration, you will be verified before you can start trading or use a demo account.
While ID documents are not required during registration, you will need them to withdraw funds, as brokers must comply with KYC regulations.
Visit Prowatix App and create an account.
How to start trading with Prowatix App
- Create an Account: Register by filling out a sign-up form and verifying your email and phone number. ID verification isn’t required at this stage.
- Deposit $250: A minimum deposit of $250 is necessary to start trading. You’ll need to complete KYC before trading with the broker.
- Set Up Your Trading System: Choose the cryptocurrencies you want the bot to trade. You can also adjust settings like trading times and consider using the demo account first.
- Adjust Risk Management: Set your risk tolerance to avoid significant losses. Make sure you’re aware that trading involves risks.
- Start Trading: You can either feed in your manual trades or enable auto-trading with the bot.
Prowatix App Review: Our Final Verdict
Prowatix App is a solid cryptocurrency trading bot with a range of useful features. While it shows great potential, we suggest using it as part of a diversified trading strategy to minimize risks. The bot can help automate trades and test strategies, but remember, there are no guarantees in trading. Use the demo account to practice and get familiar with the platform before committing real money.
Visit Prowatix App and create an account.
Prowatix App Review : FAQs
1. Is Prowatix App legal to use in my country?
The legality of Prowatix App varies by country. It is legal in many countries, including the United States, United Kingdom, European Union, Australia, Canada, India, and South Africa. However, it’s important to check your local regulations as laws can change.
2. Do I need prior experience in crypto trading to use Prowatix App?
No, Prowatix App is designed to be user-friendly, even for beginners. It allows you to automate trades, but it is always recommended to understand the basics of cryptocurrency trading before using the app.
3. Is there a minimum deposit required to start using Prowatix App?
Yes, the minimum deposit required is typically around $250. This is the amount you need to fund your account in order to start trading.
4. How does Prowatix App work?
Prowatix App scans the crypto market for profitable opportunities and uses advanced algorithms to place trades on your behalf. You can also customize your trading preferences to suit your risk tolerance and investment goals.
5. Can I withdraw my funds from Prowatix App?
Yes, you can withdraw your funds. Withdrawals are processed through the broker’s platform, and it typically takes 24-48 hours to receive your funds.