Trading in the financial markets sounds like a thrilling adventure, but most people eventually get tired of managing their portfolio. This is especially true when you are trading manually and have to actively track markets, keep your emotions in control and also streamline your trading strategy to optimize your profits. Wouldn’t it be great if there was someone else who could help you do all of this? AI trading bots have been developed for this purpose and you can go through this Finance Phantom review to learn what it can offer to you.
It is true that the number of these AI trading bots has multiplied very quickly, but quantity does not come with a guarantee of quality. You have to be certain that the AI trading bot you choose is truly capable and this should also apply in the case of Finance Phantom.
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Claimed success rate
Before you look at any other feature of an AI trading bot, you should check its success rate. If it does not have a good success rate, there is no point in considering it altogether. After all, the reason you want to use it is to increase your profits and if it is not capable of making good trades, you should not waste your time, or money. How does Finance Phantom fare? The good news is that this AI trading bot has a solid success rate.
When you dig into it, you will find that Finance Phantom’s success rate is about 85%, which is undoubtedly impressive. If a bot is promising a 100% success rate, they are likely trying to scam you because no platform can make guaranteed profits. But, a success rate of 85% is certainly possible and it shows that it uses a good algorithm to generate consistent profits on your behalf. Isn’t that your aim?
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A demo account
No matter how good the success rate of an AI trading bot is, you want to ensure you can use it easily. But, most platforms require you to sign up, make an account and deposit your funds before you can access any feature. This is a big risk and your money may get stuck if you decide not to use the platform later. Therefore, the fact that there is a demo account available on the Finance Phantom platform is a great advantage because this is an opportunity for you to use the bot and familiarize yourself with its features before you commit your funds.
With the demo account, you don’t have to put your own money on the line. You can check the interface and the features and also the performance of Finance Phantom in a simulated environment. If you are an advanced trader, the demo account is handy for testing new strategies and refining them for optimal results. You only need to register on the platform to access the account and there is no need to deposit any funds.
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Customizable settings
A number of people have had bad experiences with AI trading bots and this is because many platforms in the market are rigid. They only accommodate traders who want to automate the trading process completely and there is no room for customization. This can be highly frustrating for traders who prefer a hands-on approach rather than handing over all responsibilities and tasks to the bot itself. However, it is great to see that Finance Phantom does not fall in this category because it gives you a ton of customizable settings.
If you check out the Finance Phantom dashboard, you will find that it is fully customizable for traders who wish to manage their trades. You can decide what strategies and signals you want to use in specific market conditions. Likewise, you can also make adjustments to the trading frequency and also set your risk appetite. The platform will adapt to your trading style and you will have the freedom to change whatever you want, whenever you want.
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Customer support
Whether the platform offers you support or not is also relevant because it shapes your experience in the long run. It is one area where numerous AI trading bots tend to slack off, but Finance Phantom is not one of them. You will find that they are very thorough when it comes to supporting their clients. This is evident from the various modes of communications supported. You have the option of sending emails, calling them up, or using the live chat feature.
Their staff is available round the clock and they are well-trained and knowledgeable, so they can give you the solutions you need quickly. Finance Phantom also has an FAQ page where you can find some answers to common queries.
Ending Thoughts
When you are done going through this Finance Phantom (financephantomai.com) review, you will come to the realization that this AI trading bot boasts all the right features that can give you an edge in the trading process.