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Top startups in Europe for access to automated trading

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As more and more people join financial trading, these markets are flooded with people who don’t want to be full-time traders, meaning they spend most of their day doing other activities and don’t have enough time to actively participate in the market. A large number of these traders have started using automated trading tools to save time. These automated trading tools help even inexperienced traders avoid some of the human errors that many beginners face when entering the financial market. Below we will look at some of the best European startups that offer access to automated trading.

Bitcoineer

Bitcoineer is a German startup that offers automated cryptocurrency trading services to beginners. With the volatile cryptocurrency markets, beginners find it difficult to navigate these harsh conditions. Bitcoineer is there to solve this problem and help traders make profits even without significant knowledge of cryptocurrency trading. Besides providing automated trading services, Bitcoineer also has a demo trading account where beginners can set up their trading strategies and rules to test their effectiveness before trading on live markets. For those who are having difficulties setting up their trading parameters, Bitcoineer account managers are always ready to help and set up these parameters according to your needs. All in all, this is probably the best and brightest European start-up offering automated trading services, with the cherry on top that it’s completely free.

Coinrule

Another popular and upcoming start-up from Europe is Coinrule. It is a crypto trading robot developed in the United Kingdom. What sets Coinrule apart from most other trading robots is that the same investment firm that made major investments in Airbnb also made significant investments in Coinrule. Coinrule comes in both a free and paid version, with the free version having very limited capabilities and being primarily useful for determining whether you like this bot or not. While paid versions start from $30 per month. Colin Rule allows traders to set up trading robots and instruct them to follow the rules they set. Coinrule users can also set up the automated trading system based on the predetermined rules offered by Colin Rule himself. All in all, this is an interesting start-up that deserves attention from people interested in crypto trading.

HaasOnline

From the Netherlands comes HaasOnline, another automated crypto trading start-up. This is an automated trading system that provides other useful services such as cloud management tools in addition to automated crypto trading. Trading robots can be set up relatively easily when using HaasOnline and no one should have any trouble with how this system works. However, despite this simplicity, this automated trading tool can handle massively complex and advanced trading algorithms. Traders can use HaasOnline robots to first backtest their trading strategies to verify how effective they are and whether they will make profits using those strategies. There is also a simulated trading opportunity where traders can use their algorithms in simulated environments to further verify how effective they are. HaasOnline is completely free to use and anyone can just jump onto this platform.

Shall we use automated trading services?

You might look at these startups and wonder if they’re worth trying, and the answer to that question comes down to personal preference. If you are going to become a full-time trader and want to devote most of your time to trading, it may be best to trade manually to learn more about trading experience and develop as a trader.

But if you consider trading as a second source of income, using these trading robots is probably a good decision. As the crypto market is in a super volatile state right now, beginners can make many human mistakes when trading, and by using these robots these traders can remove major risks associated with crypto trading, make profits and still have time for other activities .

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