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TrendSpider Review: In-depth Analysis of This Charting Platform

TrendSpider Review

The future of trading is here and in today’s modern age, there are various platforms and tools you can use to make trading simpler. Instead of wondering whether to buy or sell, you can use AI bots that will do it for you. 

Our TrendSpider review covers a platform offering such tools, however, we have to make sure the platform is a reliable choice before we recommend it. Delve deep into this evaluation with us to learn if this platform is a great choice or just another wannabe. 

Who Is TrendSpider?

Established in 2018, TrendSpider AI is a charting platform that can recognize patterns and draw trendlines for traders. It offers automated analysis tools packed with great features. Day and swing traders who seek an automated, intelligent chart analysis application that recognizes the patterns should consider this trading software. 

This platform is a Niche Theory company and NYSE, ICE, CME Group, NASDAQ, IEX, CBOE, Barchart Solutions, Polygon, Benzinga, Intrinio, Quiver Quant, and other companies supply market data. This platform is intended to help traders make their own decisions in the market while learning how to trade in addition. 

TrendSpider Reliable Broker Must Have
Legal name TrendSpider LLC, Niche Theory Transparently displayed in the disclaimer or legal documents
Regulation Regulation not expected Within your legal jurisdiction – local regulator
Registered in N/A Your country or the country whose license applies in your legal jurisdiction 
Established 2018 The older the domain – the higher the possibility the company is trustworthy
Website trendspider.com Domain should be from local or international zones, no .xyz, etc.
Financial Authorities Warnings
  • No official warnings
None
Contacts (833) 587-3637

Web Form

Live Chat

www.facebook.com 

www.linkedin.com 

www.youtube.com 

discord.com 

twitter.com 

www.threads.net 

Phone, email, social media, web form
Fees
  • $39/month for Essential
  • $79/month for Elite
  • $179/month for Elite Plus
Transparent fees – list of spread and commissions
If Active on Social Media Yes Often present on social media

Regulation Info

Since TrendSpider isn’t a broker or a company providing financial services, they are not expected to be regulated. However, it all depends on the country you are from. For example, if you are from the UK, it would be best to choose brokers and platforms that have the FCA’s oversight or if you are from Germany, BaFin regulation is required. 

In this instance, the platform’s clients mainly come from the United States, where SEC or CFTC oversight is necessary. The US has very strict rules regarding brokers, platforms, or anything else connected to the trading business. The FCA in the UK is also strict and Cronos Fund operates there without a license. 

The Platform’s Profile

There are various TrendSpider options and tools to choose from. The platform they offer is web-based or if you want to trade on the go, the TrendSpider app is available for both IOS and Android devices. In contrast to ordinary scanners, this service provides a number of integrated and combined features that enable a client to instantaneously use the results while trading in addition to receiving them upon request. 

Since the platform is available as a free trial, we encourage you to test their services by registering at the TrendSpider login page. That is the best way to see if this platform is the right choice for you and your preferences. 

Trading Platform TrendSpider
Account Types Essential, Elite, Elite Plus
Tools On Offer
  • Charts
  • Trendlines
  • Conviction Setting
  • Manual Trendline Tuning
  • Candlestick Recognition
  • Automatic Fibonacci Retracements
  • Indicators and Multi-timeframe Analysis
  • Watch Lists
  • Alerts 
Minimum Deposit $39/month subscription
Commissions/Bonuses 20% coupon: MM20
Mobile app Yes
Desktop app No
Autotrading Yes
Demo account 7-day free trial
Education or Extra tools Market Data, Trading Blogs, TrendSpider U, TrendSpider TV

Is TrendSpider Legit?

TrendSpider pricing seems legit, however, the platform is not clear on whether or not some tools are an additional charge. There are various tools to choose from, however, some traders indicated that the tools are not worth the money they charge. The only thing we can say for sure is that there are better platforms than this one. 

It’s challenging to find a reliable platform or broker without individual research because just like for Delos Management, many reviews will sometimes indicate that the platform is reliable when in fact, it isn’t. That is why you should always do research by yourself, to make sure the platform is a reliable choice. 

Traders Share Their Experiences

There are mixed feelings regarding this platform on Trustpilot. While some reviews praise the platform, the majority of them are unfavorable. According to some traders, the platform is not worth the money they charge. Their trading algorithms only ever execute orders at the market price and when the candles have completely closed. 15 minutes is their shortest trading time frame.

Overall the service seems useless to several traders and for the money they charge, there are better alternatives to choose from. The good thing is that they offer a free trial so you can test their services before investing to see if they are suited to your preferences.

Who Are the Traders They Cater To?

The platform’s clients are mainly based in the United States, however, there are other nations that found the platform attractive, including India, Canada, the UK, and Germany. The TrendSpider affiliate program helps traders make money by sharing their charts with other traders and earning money while referring benefits to both the platform and the trader. 

We can understand why the platform seems tempting to many traders, however, considering the reviews, lack of educational material, and difficulty in navigating the platform, there are better alternatives to choose from. Meanwhile, it’s vital to note that Aston Markets is a scam so if you ever encounter that broker, we strongly advise against trading with them. 

Weighing the Pros and Cons

Pros Cons
  1. 7-day free trial period
  2. Mobile app
  3. Automated analysis
  4. Fast analysis
  1. Not that suitable for beginners
  2. Difficulty in viewing multiple charts
  3. Loading is slow
  4. Lack of educational material

Can I Make Money While Trading Online?

Trading requires knowledge and without any, making money while trading online can be challenging. It’s vital to note that trading can never be risk-free and profits are not guaranteed. Time and dedication are necessary to learn how to trade and make profits. Luckily, in today’s modern age, there are various tools and AI bots to help you start trading, including our sophisticated AI analysis bot. 

Not only it can gather information from charts such as previous asset prices and other data, but it can also make insightful recommendations on whether to buy or sell using a technical analysis to forecast future price movements. AI.F doesn’t merely trade in the dark. It carefully examines asset history, spots trends in comparable historical occurrences, and keeps up with the most recent information, both current and historical.

To take advantage of our amazing tool, all you have to do is to reach out and we will offer a 14-day free trial so you can test it out before subscribing. We are certain of the effectiveness of our platform and we promise you won’t be able to get enough of it. Please note that this offer is available to the 100 traders to reach out so you have to be quick. 

FAQ Section

What does TrendSpider do?

TrendSpider is a technical analysis and charting platform that provides traders and investors with automated chart pattern recognition, technical indicators, and backtesting capabilities to enhance their trading decisions.

Can I use TrendSpider for free?

TrendSpider does offer a 7-day free trial but other than that, a monthly or yearly subscription is required to continue using the platform.

Can you trade with TrendSpider?

No, TrendSpider is not a brokerage or trading platform where you can execute trades; instead, it's a technical analysis tool designed to assist traders and investors in making more informed decisions.

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