Hedgehog App Review – Understanding Pros And Cons Is The Key

Hedgehog App was funded in 2020 by Colton Dillion, also a founder of Y Combinator and a Director of Acorns. The company’s legal ownership belongs to Hedgehog Technologies Inc., which is allegedly registered as an investment adviser with the SEC.

Thus, the more you research this tool, the more unlogical details you will find. But we’ll sort it out all for you in this Hedgehog App review.

Legal Info and Regulations

It’s important to realize that Hedgehog presents itself as a US-based firm with years of success. Thus, they didn’t think much about sharing any legal addresses or company contact info. That’s quite surprising for an allegedly SEC-regulated firm. However, searching for the company’s registration and license details in the SEC database didn’t bring any results. 

But what’s also surprising is that there are only a few Hedgehog App reviews, even though some sources mention 2 million downloads. Fairly, with only one review on Trustpilot and a few comments in app stores, it’s clear there are no 2 million users. 

How Does the Hedgehog App Work?

Generally speaking, this app works as an AI trading tool for trading cryptocurrencies. In addition, there is a Hedgehog App stock trading option, and traders can find more than 2,000 tradeable instruments. The app itself uses market cap and number of users to predict price movements and diversify your portfolio. 

Now, the problem is that these tools don’t have any proof of work. Indeed, you can exchange cryptos, but is this the right deal for you? Remains a mystery with a very low number of reviews publicly available. That’s why trading with proven firms like Funded Trading Plus makes a lot more sense. 

Security Features With Hedgehog App

Giving access to your crypto wallet is generally considered unsafe. You never know when something goes wrong. Apparently, Hedgehog App crypto trading tools are backed up by the SEC, which we can’t prove. But if you exclude that, the company claims that all funds deposited in your wallet solely belong to you. 

On the other hand, the company creates custody accounts to safely store your assets, and it claims not to do anything without your permission. Yet, it seems they can do it. 

What Instruments Hedgehog App AI Trading Support?

So far, it appears the company supports more than 500 crypto wallets, 2,000 tradeable assets, and 170 exchanges. Thus, accessing more details only gives you an error page, which is not convenient for a company providing AI trading services. 

In any case, through the presentation, you can guess they offer access to the following:

• Coinbase
• Kraken
• Binance
• BNB
• DOGE
• SHIBA INU, etc. 

The key difficulty is providing access to your crypto assets to a company with no transparent pricing and legal information. To find out how more transparent firms operate, check our Bitonite review.

What’s The Hedgehog App Price?

According to many resources and the company’s presentation, there are no fees for this allegedly outstanding app. That’s quite surprising, honestly. Yet, if you check the company’s apps, you will realize that in-app purchases are available.   

Therefore, traders might opt for a standard subscription plan of $5.99 or an advanced plan of $59.99. Sadly, they don’t reveal any details about the potential benefits of those plans. In any case, for more crypto analysis, we invite you to check our Polygon.io review as well. 

iOS and Android Mobile Apps

Generally, trusted mobile apps can play a huge role in choosing a company, especially when the app is supposed to control your crypto assets. Therefore, adequate download rates and reviews about those make a huge difference. 

As can be seen, the iOS app in the AppStore already has a lowered rating of 4.2 out of 9 comments. With only positive ratings visible, it’s already too cheesy for traders. Not to mention that the app developed for PlayStore has only a bit over 5k downloads. In any case, to test any of these, you’ll have to get Hedgehog App login credentials first. 

Pros And Cons Summarized

With all the Hedgehog App download options, it’s clear the company invested some money in its tools. Thus, whether these tools are reliable remains a mystery. Fairly, if the app were so good, it would be much more popular. 

In any case, providing access to your crypto assets is never a good idea. You never know when something can go wrong. The only thing that could possibly change it is the SEC regulation. Thus, with no records in the SEC database, their regulation remains questionable. All in all, traders should be extremely careful using any apps that access their crypto wallets. But what to do instead? 

Could Prop Trading Be The Solution?

Traders who experienced prop trading rarely go back to regular trading. Especially if they work with trusted firms like Funded Trading Plus with regular payouts, trusted platforms, and many satisfied users. Prop trading allows users to use the company’s capital instead of their own. In the first steps, traders have to pass evaluation phases to get to the funded account phase. 

But that’s where all the magic happens. With a profit split of up to 90/10 in the traders’ favor and a trading balance of up to $200k with scaling potential, Funded Trading Plus gives everyone a fair chance for great returns. 

Another great benefit of Funded Trading Plus is often promotions and giveaways designed to motivate users to start trading there. Such a trading plan can work for both a company and a trader. Start your journey with Funded Trading Plus today, and start maximizing your returns today!

FAQ