Chainpilot
4.3/5

Chainpilot

The company specializes in automated trading software and personal managers for each of its clients
Published at 13:34 22 Jul 2018.

Quick Overview of Chainpilot:

💸 Account currency:EUR
💳 Minimum deposit:250 EUR
🔗 Leverage:Up to 1:200
📊 Spread:0.5 to 4,0 points
💼 Instruments:Cryptocurrencies, Stocks, Commodities, Stock Indices, Metals, and Energies
📈 Margin call / Stop out:20% / 30% / 40% / 45%
💰 Profitability90 %
Commission0 %
💲 Total assetsMore than 210
Pros
  • Top Level Trading Software​
  • Free Ulimited Demo​
  • Portfolio Managment​
  • Advanced Tools
  • Automated Trading
Cons
  • Not available in the states of New York, Hawaii, Minnesota and Nevada
  • Limited customer service
  • Lack of meaningful events
  • Some assets may be overvalued

Who is Chainpilot, and what do they have?

  • Tight Spreads: Lots Of Leverage

Chainpilot is proud to offer to you tight spreads on a wide range of different products. The tighter the spread, the smaller the distance between profit and loss.

  • FOREX: spreads start at 0.7 pips for EUR/USD
  • EQUITIES: 0.08 indicative spreads for some stocks
  • INDICES: minimum spreads starting from 1 pip for certain major indices
  • COMODITIES: minimum spreads starting from 3 pips

Withdrawals on Chainpilot:

The withdrawal of your funds is available only to customers who have submitted the required documentation and received approval from the compliance department. Customers must access the Chainpilot’s reserved area to upload the required documents (proof of identity and proof of residence), upon receipt of the confirmation of acceptance of the documentation, funds can be withdrawn without any impediment according to the due timescales.

Withdrawals Proceedure In Steps:

  1. Enter the Members Area and click on the Withdrawals button
  2. Select the option that you want to use for the withdrawal
  3. Enter the amount you would like to withdraw and send the request
  4. The desired amount will be automatically deducted from your trading account
Pros
  • Extensive selection of popular cryptocurrencies​
  • Regularly updated with new cryptocurrency listings​
  • Opportunities to create a diverse investment portfolio​
  • Access to both established and emerging cryptocurrencies
Cons
  • Deposit processing time can be up to 5-8 hours

Security of Chainpilot:

Chainpilot’s privacy policy is crafted to ensure that any personal information you provide when creating a trading account or during your trading activities is used strictly for its intended purposes. Chainpilot is committed to preventing the unauthorized disclosure of private information and uses advanced SSL encryption technology to protect it. The company partners exclusively with service providers who adhere to its privacy policy and have a reputation for exceptional reliability. Your information will only be utilized for purposes to which you have explicitly consented, such as money transfer services.

Pros
  • 24/7 live customer support
  • Strong encryption protocols
  • Payment transactions secured with SSL technology​
  • Protection for withdrawals
Cons
  • Internet-based information transmission is not entirely secure

WEB Platform

Pros
  • Understandable interface
  • Easy navigation​
  • English, German, French, Italian languages​
Cons
  • No two-step login

Can Chainpilot Be Trusted?

Yes, Chainpilot is a reliable company. With five years of experience, it operates under strict regulations from Tier 1 and Tier 2 authorities, providing a secure and stable environment for forex and CFD trading.

Is Chainpilot Suitable for Long-Term Investments?  

Definitely, Chainpilot is a strong choice for long-term investments. Although the company initially focused on CFD and copy trading, which may not have been ideal for long-term investors, it has since expanded its services to better cater to those looking for extended investment opportunities

Reviews about Chainpilot on Trustpilot: 

Trustpilot reviews for Chainpilot are generally positive and align with the information found on the company’s official website. Users often commend the responsive technical support team for efficiently resolving any issues.

Why Do Some People Criticize Chainpilot?  

Criticism of Chainpilot often arises from common user errors rather than flaws in the platform itself. Many complaints come from inexperienced investors dealing with highly volatile assets like cryptocurrencies or making quick exit decisions, which can result in potential losses.

🧩 Platforms:WebTrader
💳 Payment Methods:Bitcoin;  Credit/Debit Cards;  PayPal; Apple Pay;  USDT
💼 Withdrawal Methods:Crypto
📄 Regulation:FINAEU
🌍 Languages:English;  German;  French;  Italian
💲 Currency pairs:BTC/USD;  ETH/USD;  EUR/USD,  GBP/USD;  USD/CAD;  XPR/USD
✏️ Established:2017

Other review of Chainpilot:

Medium

€250
Minimum deposit
Free & unlimited demo trading platform

5.0
Trust & Safety
4.0
Platform & App
4.0
Non-trading Fees
4.0
Customer Service
4.3 Overall Rating

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Chainpilot
4.3/5
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